DB Corp Ltd. (DBCL) was originally incorporated as ‘Multi-Tech Energy Limited’ under the provisions of the Companies Act, 1956. A certificate of incorporation was issued on October 27, 1995 by the Registrar of Companies (“RoC”) Gwalior, Madhya Pradesh. The certificate of commencement of business was issued on June 26, 1998. Subsequently, the name of the Company was changed to ‘D.B. Corp Limited’ pursuant to shareholders resolution dated November 28, 2005. A fresh certificate of incorporation consequent to the change of name was issued on December 1, 2005 by the RoC. On December 22, 2006, the High Court of Gujarat approved the scheme of arrangement following which the publication business and the windfarm business of Writers and Publishers Limited was transferred to the Company.

It is one of the leading print media companies in India, publishing many newspapers comprising Dainik Bhaskar, Divya Bhaskar and Divya Marathi. Its flagship newspapers, Dainik Bhaskar (in Hindi) established in 1958. Divya Bhaskar and Saurashtra Samachar (in Gujarati) and Divya Marathi (Marathi) have a total readership of crores of readers, making it one of the most widely read newspaper groups in India with presence in in Madhya Pradesh, Chattisgarh, Rajasthan, Haryana, Punjab, Chandigarh, Himachal Pradesh, Delhi, Gujarat, Maharashtra, Bihar and Jharkhand. 

The company’s other noteworthy newspaper brands are Saurashtra Samachar and DB Star. DBCL is the only media conglomerate that enjoys a leadership position in multiple states, in multiple languages and is a dominant player in its all major markets. The company’s other business interests also span the radio segment through the brand “94.3 MY FM” Radio station with presence in many states and several cities. Its growing digital business is led by many portals for rapidly expanding digital audiences, and several actively downloaded mobile applications.

Business area of the company

It is India’s largest Newspaper Group, and a leading and diversified media player. It enjoys a dominant position across major markets, states and languages. The company has three business verticles: Print Business; Radio Business; and Digital Business.

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Market Cap	1,885 Cr		EPS	10.8		High	117.5
Stock P/E	9.9		Net Profit Margin	6.3		Low	114.1

Market Cap	1,885 Cr	ROE	7.7%
P/E Ratio(TTM)	9.9	EPS(TTM)	11.1
P/B Ratio	1.0	Dividend Yield	4.7%
Industry P/E	11.2	Book Value	105.2
		Face Value	10.0

DBCORP