Printing And Publishing
|Market Cap||580 Cr||EPS||-4.5||High||25.75|
|Stock P/E||0.0||Net Profit Margin||-14.6||Low||24.35|
|Market Cap||580 Cr||ROE||-13.1%|
|P/B Ratio||0.3||Dividend Yield||0.0%|
|Industry P/E||22.7||Book Value||74.3|
About the Company
HT Media was incorporated in 2002 and is one of the leading media company in India. The company is engaged in print media, electronic media and also conducts several marketing events. It owns one of the leading newspaper Hindustan Times printed in Hindi and English languages and has a combined circulation of 2.25 million copies daily. It has a readership base of 12.4 million readers. The company operates 19 manufacturing facilities that has an installed capacity of printing 1.5 million copies per hour.
In an exclusive agreement with Wall Street Journal, it publishes Mint with a presence in the key markets of Delhi, Mumbai and Bangalore. Mint is the second-largest business newspaper in India.
During 2008, Firefly e-Ventures, an HT Media Company launched its first portal for job seekers, Shine.com; and a social networking website Desimartini.com. HT Media also entered the Mobile space with 54242 in partnership with velti.com
In January, 2009 the company's joint venture namely, Metropolitan Media Company stopped printing of 'MetroNow' Delhi with effect from January 22, 2009 and in its place, it had decided to bring out a weekly hyper-location tabloid in Gurgaon that will be soon followed by Noida and other NCR areas.
The company had commissioned the printing facilities in Allahabad and simultaneously printing of the Hindi newspaper ‘Hindustan’ had commenced from Allahabad, with the first edition being circulated with effect from January 29, 2009.The company commenced printing of its Hindi newspaper ‘Hindustan’ in Bareilly with effect from October 10, 2009.
During May 25, 2009 - ‘Mint’, the English Business newspaper published by the company, had been launched in Kolkata.In July 13, 2009, its launched 'Mint' at Chennai. On July 13, 2010 Mint was launched in Ahmedabad, Gujarat. In April, 2011 the company had launched its English business daily -- Mint -- at Hyderabad.
In 2011 Hindustan strongly consolidated its leadership position in Delhi-NCR, Bihar, Jharkhand, UP, and Uttarakhand and is named by Forbes magazine as one of the Best Under a Billion Companies in the Asia-Pacific region.
Newspaper- It publishes newspapers namely Hindustan Times and Mint. The company has entered in joint venture with Times of India to publish newspaper Metro Now. It also publishes HT Next a newspaper focused on youth readers.
Internet- It owns subsidiary named Firefly e-Ventures that focus on internet space businesses. It has created various portals namely Shine.com, Livemint.com, Desimartini.com and Hindustantimes.com.
Radio- Company’s subsidiary HT Music and Entertainment Company in a consulting partnership with Virgin Radio, has launched the FM radio channel - Fever 104.
Events and marketing solutions- HT media hosts various events such as HT City Delhi Shopping Fest, Fever 104 A. R. Rahman Concert, Miss India Worldwide, HT Polo, HT I Love Delhi and Mint HT Luxury Conference.
- September 26, 1924 -This date marked the august beginnings of Hindustan Times with Mahatma Gandhi, the Father of the Nation inaugurating the newspaper.
- 1927 - Hindustan Times, was reborn as Hindustan Times Ltd., a limited liability company.
- 1936 - The hindi daily Hindustan was launched, which remains the dominant newspaper in the core hindi belt of northern India.
- 1937- Devdas Gandhi was appointed the Managing Editor of the newspaper and remained the managing editor till his death in 1957.
- 1942 - The Hindustan Times was one of the few newspapers that stopped publishing the newspaper for four and a half months as it refused to accept the British imposition of censorship on all newspapers.
- 1947- The year India gained its freedom, was also the year Hindustan Times attained the status of being the dominant newspaper in Delhi.
- 1957 - The newspaper circulation grew from 58,693 copies to 144,287 in 1970 after KK Birla took over the mantle from GD Birla.
- 1960 - The hindi literary magazine Kadambini was launched.
- 1964 -The group started actively targeting the youth of India and launched the Nandan magazine.
- 1991 - At the start of liberalization of India, Hindustan Times moved to becoming an autonomous power center in a mature democracy.
- 1999 - The Hindustan Times celebrated its platinum anniversary.
- 2000 - With a focus on localization, five new editions for Calcutta, Bhopal, Ranchi, Chandigarh and Jaipur were launched.
- 2003 - The media business of was de-merged and incorporated under HT Media Ltd.
- 2004 - HT Media Ltd was listed as a public company and attracted external funding.
- 2005 - Hindustan Times successfully entered the Mumbai market with a refreshingly new product and content mix.
- 2006 - Fever 104 FM is launched, in technical collaboration with the Virgin Group. Hindustan was relaunched re-establishing the company's prominent presence in the regional news space.
- 2007 - Mint, the business paper in partnership with the Wall Street Journal was launched in Delhi and Mumbai. In the internet space, Hindustantimes.com was relaunched and Livemint.com was introduced.
- 2008 - Firefly e-Ventures, an HT Media Company launched its first portal for job seekers, Shine.com; and a social networking website Desimartini.com. HT Media also entered the Mobile space with 54242 in partnership with velti.com
- 2012 - The Hindustan Times Leadership Summit hits the 10 year mark; Hindustan Times launches 'You Read, They Learn' initiative to help educate underprivileged children.'
- 2013 -HT Media Ltd Launched MintAsia, a weekly business paper, in Singapore
- 2016 -Media firm HT Media Ltd has launched it’s FM Radio broadcast station ‘Radio Nasha 107.2 FM’ at Delhi.
-Media firm HT Media Ltd has launched it’s FM Radio broadcast station ‘Radio Nasha 91.9 FM’ at Mumbai.'
- The Prem Bhatia Award for excellence in environmental reporting went to Shalini Singh of Hindustan Times, New Delhi.- 2012
- Mint bags silver at WAN-IFRA Asian Media Awards - 2010
- Hindustan Times won the second Karpoor Chandra `Kulish' International Award 2008 for Excellence in Print Journalism for its story 'Welcome to the Headquarters of Lashkar-eTayyeba'
- HT Mumbai received the 'Sanskriti Award for Journalism'.
- Ramnath Goenka Excellence in Journalism Awards 2007-08
- Himanshu Vyas won Gold in the general news category; Satish Bate got silver in sports and Ritesh Uttamchandani received Judges special recognition award for Best Newspaper Photography and Rajnish Kakade got the same in the spot news category at Asia Media Awards 2008.
|Parent Organization||HT Media Ltd.||Managing Director||Praveen Someshwar|
All values are in Rs Cr
|Company||52 Week||Market Price||P/E Ratio||Financials||Share Holding|