Dish TV India (DISHTV) is loss-making over the last 12 months, losing ₹999 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹1.99, 60% below its 52-week high. Sales fell 20% a year over 3 years. Its net worth is negative, as liabilities exceed assets, and borrowings are ₹31 Cr. It is a small-cap company with a market cap of ₹366 Cr, ranked 17th of 55 Entertainment companies by market cap; the shares fell 56% over the past year.
- ₹1.99
- ₹2.00
- ₹1.97
- ₹1.97
- 32.7 L
Health check
- ReturnsBehind
−56.1% over a year, better than 0 of 7 peers.
- Price tagNegative equity
Book value is below zero, so P/E and P/B mislead here.
- GrowthShrinking
Sales −20.0% a year over 3 years.
- ProfitabilityDistorted
With negative net worth, return ratios are meaningless.
- Balance sheetStretched
Negative net worth: liabilities exceed assets.
- Red flags5 to check
Loss-making over the last twelve months.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹366 Cr
- Small cap
- P/E
- n/a
- Industry 49.3
- Price to book
- −0.09
- Peers 6.52
- Dividend yield
- 0.00%
- ROE
- n/a
- Peers 11.6%
- ROCE
- n/a
- Peers 15.5%
- Debt to equity
- n/a
- Debt ₹31 Cr
- EPS (TTM)
- −₹5.20
- Face value ₹1
- OPM (TTM)
- −17.1%
- Net margin −90.9%
- Sales growth
- −19.3%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 0.33
- EV/EBITDA −1.3
Strengths and risks
Strengths
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Loss-making over the last twelve months.
- Negative net worth: liabilities exceed assets.
- Quarterly sales down 19.3% on a year ago.
- 60% below its 52-week high.
- Interest coverage of only 0.1×.
About Dish TV India
Dish TV India Limited provides direct to home (DTH) television and teleport services in India. The company offers connected devices, such as Dish SMRT Hub and VZY Smart TVs; and value-added services, including movie on demand/pay-per-view, regional content, as well as active and multilingual services. It also provides programming, live TV, and user-generated content through Watcho platform; FLIQS which provides films, web series, and short-form videos;…
- Headquarters
- Noida
- Employees
- 293
- Sector
- Communication Services
- ISIN
- INE836F01026
- Website
- dishd2h.com
Price range
- Avg volume (3M)
- 18.7 L
- 1-year return
- minus 56.1%
- From 52-week high
- minus 60.1%
Peers · Entertainment
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PFOCUSPrime Focus | 285.20 | minus 1.06% | 22,211 | 160.2 | 10.61 | 23.0% | 15.4% | 30.4% | −0.3% | 14.1% | 0.00% | plus 60.2% |
| PVRINOXPVR INOX | 1,565.60 | minus 1.00% | 15,050 | 35.8 | 2.08 | 7.1% | 6.0% | 33.2% | 20.9% | – | 0.00% | plus 36.1% |
| SAREGAMASaregama India | 619.65 | minus 1.96% | 11,895 | 49.3 | 6.52 | 16.0% | 13.9% | 35.5% | 10.6% | 3.8% | 0.73% | plus 39.7% |
| TIPSMUSICTips Music | 769.25 | plus 0.75% | 9,782 | 43.3 | 30.29 | 110.2% | 78.1% | 69.7% | 26.2% | 41.5% | 1.49% | plus 45.1% |
| JOJOJOJO | 109.80 | plus 0.14% | 7,572 | 163.9 | 20.64 | 15.5% | 11.6% | 46.5% | 525.5% | 694.1% | 0.01% | plus 159.8% |
| NETWORK18Network18 Media & Investments | 26.83 | minus 1.18% | 4,144 | – | 0.82 | 6.8% | −0.4% | 3.0% | −30.8% | – | 0.00% | minus 44.1% |
| IMAGICAAImagicaaworld Entertainment | 43.61 | plus 1.37% | 2,570 | 174.4 | 1.38 | 1.8% | 0.1% | 33.1% | 13.0% | −87.9% | 0.00% | minus 14.7% |
| DISHTVDish TV India | 1.99 | plus 1.02% | 366 | – | −0.09 | – | – | −17.1% | −20.0% | – | 0.00% | minus 56.1% |
| Median of 7 peers | – | −1.00% | 9,782 | 104.7 | 6.52 | 15.5% | 11.6% | 33.2% | 13.0% | 14.1% | 0.00% | 39.7% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 329 | 291 | 299 | 243 | 266 | |
| 257 | 259 | 341 | 313 | 375 | |
| 72.8 | 31.9 | −41.5 | −70 | −109 | |
| 22.1% | 10.9% | −13.9% | −28.8% | −40.9% | |
| 4.8 | 8.2 | 5.7 | 10.8 | 5.6 | |
| 64.1 | 69 | 68.4 | 68.3 | 67.6 | |
| 105 | 104 | 102 | 103 | 116 | |
| – | – | −70 | −73.5 | – | |
| −91.8 | −133 | −276 | −304 | −286 | |
| −3.0% | – | – | – | – | |
| −94.5 | −133 | −276 | −304 | −286 | |
| -0.49 | -0.69 | -1.44 | -1.58 | -1.49 |
Profit & loss
- Sales CAGR 3Y
- −20.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2,237 | 1,830 | 1,552 | 1,143 | |
| – | minus 18.2% | minus 15.2% | minus 26.3% | |
| 1,228 | 1,462 | 1,334 | 1,112 | |
| 1,009 | 367 | 218 | 31.1 | |
| 45.1% | 20.1% | 14.0% | 2.7% | |
| −590 | 410 | 335 | 28.3 | |
| 276 | 264 | 267 | 269 | |
| 849 | 472 | 439 | 414 | |
| −1,382 | −410 | −335 | −181 | |
| −2,088 | −369 | −488 | −805 | |
| 19.4% | −433.5% | – | −0.3% | |
| −1,684 | −1,967 | −488 | −807 | |
| -8.75 | -10.22 | -2.53 | -4.20 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 184 | 184 | 184 | 184 | |
| −973 | −2,940 | −3,427 | −4,227 | |
| 74.6 | 2.3 | 34.7 | 30.7 | |
| 5,199 | 5,463 | 5,512 | 5,765 | |
| 4,485 | 2,709 | 2,304 | 1,753 | |
| 1,553 | 1,564 | 1,337 | 1,019 | |
| 501 | 495 | 503 | 350 | |
| 0.3 | 3.9 | 3.9 | 0.3 | |
| 181 | 186 | 185 | 158 | |
| 2,251 | 460 | 276 | 226 | |
| 4,485 | 2,709 | 2,304 | 1,753 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 668 | 676 | 410 | 71.2 | |
| −341 | −595 | −377 | −51.3 | |
| −328 | −88.4 | −26.5 | −28.6 | |
| −0.5 | −7.1 | 6.2 | −8.7 | |
| −355 | −591 | −400 | −93.7 | |
| 313 | 84.9 | 9.9 | −22.5 |
Shareholding pattern
- Promoters4.23%
- Public95.77%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 4.23% | 95.77% | 0.00 | |
| 30 Jun 2026 | 4.23% | 95.77% | plus 0.17 | |
| 31 Mar 2026 | 4.06% | 95.94% | 0.00 | |
| 31 Dec 2025 | 4.06% | 95.94% | 0.00 | |
| 30 Sep 2025 | 4.06% | 95.94% | – |
Major shareholders
Filings & events
News
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