Dish TV India Limited

Dish TV India Limited

DTVL.L
Dish TV India LimitedGB flagLondon Stock Exchange
0.10
USD
- -
- -
184.13MMarket Cap
Dish TV India Limited
DTVL.L
(London Stock Exchange)

Recent

price

0.10

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
13.52
18.41
20.34
23.47
25.16
28.63
27.87
42.84
31.3
18.16
16.7
14.41
11.63
9.51
8.13
- -
6.04
Revenue per Share
-1.81
-1.25
-0.62
-1.48
0.03
6.5
0.86
-0.7
-5.95
-8.52
-6.12
-9.52
-8.75
-10.22
-2.53
- -
-4.2
Basic EPS, GAAP
-5.74
-2.3
-0.83
3.82
0.57
2.1
-0.39
1.84
1.34
6.24
5.8
2.64
1.63
0.44
0.05
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
0.48
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
-14.24
-15.48
-16.09
-17.56
-17.59
-11.08
-10.89
3.58
-4.59
-13.11
-19.22
-28.74
-37.2
-47.42
-49.85
- -
0.96
Book Value per Share
-0.01
-0.92
-1.52
-3.01
-3.05
3.5
3.61
-16.83
-7.44
-8.11
-9.56
-5.31
-6.07
-14.72
-17.16
- -
-21.35
Tangible Book Value per Share
1,063
1,063
1,064
1,065
1,065
1,066
1,066
1,079
1,924
1,924
1,924
1,924
1,924
1,924
1,928
- -
1,923
Basic Weighted Avg Shares
14,367
19,576
21,645
24,990
26,795
30,507
29,706
46,212
60,214
34,932
32,135
27,713
22,367
18,298
15,676
11,626
11,626
Sales/Revenue/Turnover
-9.78
0.41
-1.75
2.59
5.33
15.25
10.04
5.64
10.2
20.36
16.56
21.17
7.16
15.79
5.74
-36.19
-36.19
Operating Margin (%)
3,996
5,218
6,388
5,974
6,138
5,907
6,908
10,717
14,409
14,262
15,319
10,709
8,491
4,719
4,391
4,139
4,139
Depreciation Expense
-1,920
-1,331
-660
-1,576
31
6,924
921
-750
-11,449
-16,388
-11,776
-18,314
-16,835
-19,666
-4,877
-8,074
-8,074
Net Income, GAAP
- -
- -
- -
- -
57.34
- -
25
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-13.36
-6.8
-3.05
-6.31
0.12
22.7
3.1
-1.62
-19.01
-46.91
-36.64
-66.08
-75.27
-107.47
-31.11
-69.44
-69.44
Profit Margin (%)
-12,323
-8,847
-13,082
-14,526
-25,402
-15,651
-23,518
-52,171
-55,431
-65,075
-56,125
-49,610
-44,968
-46,195
-48,511
-53,084
-53,084
Working Capital
6,485
10,194
8,460
7,791
- -
11,535
5,813
17,949
12,393
5,622
2,704
758
20
20
192
- -
- -
LT Debt
370
-939
-1,556
-3,126
-3,134
3,807
3,970
67,360
54,554
37,977
26,280
8,754
-7,888
-27,563
-32,430
-40,427
-40,427
Total Equity
- -
- -
- -
- -
5.11
- -
13.73
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
- -
-16.24
- -
2,996.01
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
-367.08
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
163
- -
187
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,841
- -
1,841
Market Capitalization
- -
- -
- -

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
7,664
- -
4,752
Cash, Cash Equivalents & STI
1,695
- -
1,674
Accounts Receivable, Net
804
- -
645
Inventories
187
- -
229
Total Current Liabilities
57,256
- -
57,836
Payables & Accruals
- -
- -
- -
ST Debt
163
- -
187
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
155.57%
6.99%
24.66%
Free Cash Flow
-89.38%
-116.05%
-326.26%
Net Income, GAAP
122.71%
10.92%
65.56%
Sales/Revenue/Turnover
-5.82%
-18.28%
-25.84%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
5,002
4,792
4,703
3,851
18,298
2025
4,553
3,956
3,730
3,437
15,676
2026
3,294
2,911
2,990
2,431
11,626

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.11
0.03
-0.02
- -
-10.22
2025
-0.01
-0.19
-0.24
-2.09
-2.53
2026
-0.49
-0.69
-1.44
-1.58
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Dish TV India Limited engages in the provision of direct-to-home (DTH) entertainment services and teleport services in India. Its core product offerings include DTH platforms under the DishTV, d2h, and Zing Super brands; a variety of set-top boxes such as the Dish HD+ with recorder, digital set-top boxes, and the DishSMRT HUB smart device that integrates OTT content streaming; and value-added services like music active, games active, movie on demand, and multilingual viewing options across Hindi, Kannada, Telugu, Marathi, Gujarati, Bengali, and Urdu. The company also provides integrated smart TVs under its VZY brand, which feature all content subscriptions included without the need for separate DTH or OTT subscriptions. Dish TV serves over 100 million viewers with access to more than 600 channels and services across India, including expansions into regions like Upper Assam and the northeast. Founded in 2004 and headquartered in Noida, India, Dish TV India has strategically evolved from a traditional DTH provider to a comprehensive content distribution company. Recent significant developments include a strategic partnership with Amazon Prime, enabling access to Prime Lite subscriptions for eligible customers, positioning Dish TV in the digital entertainment platform space. It launched the VZY integrated smart TV brand in 2025 and secured strategic content partnerships with popular Indian entertainment franchises such as Bigg Boss Hindi and Bigg Boss Kannada. Additionally, in collaboration with Samsung and NAGRAVISION, Dish TV became the first Indian DTH operator to offer secure content streaming directly on Samsung Connected TVs without requiring a set-top box by deploying TVKey Cloud technology. These moves signal Dish TV's shift towards connected home entertainment and smart device integration. The company operates primarily in the media and entertainment industry within India, targeting a broad customer base that encompasses individual consumers seeking television entertainment solutions and content streaming. Dish TV India Limited was formed following a merger with Videocon d2h in 2018, and it remains a leading player in India’s DTH sector, driving various technology innovations like voice-enabled search on its mobile app and Android-based HD set-top boxes with Alexa built-in. Its recent financial reports show challenges with consecutive quarterly losses but the company focuses on expanding its product ecosystem and enhancing customer engagement through technology partnerships and new content service offerings. Dish TV continues to support the domestic manufacturing initiative under the 'Make in India' campaign by shifting set-top box production locally. Overall, Dish TV India Limited is a leading DTH and content distribution company in India providing a comprehensive suite of television and digital entertainment products, pioneering integrated smart TV solutions, and actively expanding its digital footprint through strategic alliances and innovation in content delivery and device integration. The company is headquartered in Noida, Uttar Pradesh, and maintains a dominant presence in the Indian direct-to-home television market while advancing into the smart connected device space to meet evolving consumer preferences.