Crystal Business

Why is Crystal Business System Ltd falling/rising?

As of 01-Sep, the stock price of Crystal Business System Ltd is at 2.08, down 0.48%. Despite recent gains and increased trading activity, the company faces significant financial challenges, including operating losses and declining sales, indicating a concerning overall outlook.

As of 01-Sep, the stock price of Crystal Business System Ltd is currently at 2.08, reflecting a change of -0.01, or a decrease of 0.48%. Despite this slight decline, the stock has shown positive performance over the past week and month, with increases of 4.00% and 7.22% respectively. Additionally, the stock has outperformed the sector by 0.62% today and has experienced consecutive gains over the last three days, accumulating a total return of 6.6% during this period.<BR><BR>The stock is trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a generally positive trend in its price movement. Furthermore, there has been a significant increase in investor participation, with delivery volume rising by 475.15% against the 5-day average, suggesting heightened interest in the stock.<BR><BR>However, it is important to note that the company faces significant challenges. It has reported operating losses, with a negative EBIT of Rs. -0.16 crore and a weak ability to service its debt, as indicated by a poor EBIT to Interest ratio of -0.30. The company's net sales and profit after tax have both declined by 46.18% over the last nine months, and its return on equity stands at a low 3.72%. Additionally, the stock has consistently underperformed against the benchmark over the last three years, generating a return of -5.02% in the past year.<BR><BR>In summary, while there are short-term positive indicators such as recent gains and increased trading activity, the underlying financial challenges and consistent underperformance against benchmarks suggest that the stock's overall outlook remains concerning.

Which are the latest news on Crystal Business?

Who are in the management team of Crystal Business?

The management team of Crystal Business includes Bal Mukund Tiwari (Managing Director, 3.34 lacs INR), Arpan Gupta (Non-Executive Director, 12.0 lacs INR), and independent directors Sakshi Wadhwa and Vinod Aggarwal (both with no remuneration).

The management team of Crystal Business includes the following individuals:<BR><BR>1. **Bal Mukund Tiwari** - Managing Director, with a remuneration of 3.34 lacs INR.<BR>2. **Arpan Gupta** - Non-Executive & Non-Independent Director, with a remuneration of 12.0 lacs INR.<BR>3. **Sakshi Wadhwa** - Independent Non-Executive Director, with no remuneration.<BR>4. **Vinod Aggarwal** - Independent Non-Executive Director, also with no remuneration.<BR><BR>If you have any more questions about the company or its operations, feel free to ask!

What does Crystal Business do?

Crystal Business System Ltd launches television channels in the Media & Entertainment industry and is categorized as a Micro Cap company. As of June 2026, it reported net sales of 1 Cr and a net profit of -1 Cr, with a market cap of INR 20 Cr.

Overview:<BR>Crystal Business System Ltd is engaged in launching television channels for news, films, music, serials, and other programs within the Media & Entertainment industry, categorized as a Micro Cap company.<BR><BR>History:<BR>The company was incorporated on May 18, 1994, and changed its name from Chirau Broadcast Network Limited to Sadhna Broadcast Limited effective January 1, 2016. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 1 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: -1 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 20 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 17<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.00<BR>- Return on Equity: -0.86%<BR>- Price to Book: 1.45<BR><BR>Contact Details:<BR>- Address: 37 2nd Flr Rani Jhansi Road, Motia Khan Paharganj New Delhi New Delhi : 110055<BR>- Tel: 91-11-23552627<BR>- Email: cbnl.delhi@gmail.com<BR>- Website: http://www.sadhnabroadcast.com

Who are the peers of the Crystal Business?

Crystal Business's peers include Winpro Industrie, JMD Ventures, Sungold Media, Colorchips New, Orient Tradelink, Radaan Media, V R Films & Stud, TV Vision, and Silly Monks. In terms of management risk, Crystal Business has a Below Average rating, with JMD Ventures showing the highest 1-year return at 27.52%, while Crystal Business's return is -2.79%.

Peers: The peers of Crystal Business are Winpro Industrie, JMD Ventures, Sungold Media, Colorchips New, Orient Tradelink, Radaan Media, V R Films & Stud, TV Vision, and Silly Monks.<BR><BR>Quality Snapshot: Excellent management risk is observed at Orient Tradelink, while Average management risk is found at Winpro Industrie and JMD Ventures. Below Average management risk is noted for Crystal Business, Colorchips New, V R Films & Stud, and Silly Monks, while Sungold Media, Radaan Media, and TV Vision do not qualify. Growth is rated as Good for JMD Ventures, Good for Winpro Industrie, and Below Average for Crystal Business, Colorchips New, V R Films & Stud, and Silly Monks, with the rest not qualifying. Capital Structure is Excellent for Orient Tradelink, Good for Crystal Business, Average for Winpro Industrie and Colorchips New, Below Average for V R Films & Stud and Silly Monks, and the rest do not qualify.<BR><BR>Return Snapshot: JMD Ventures has the highest 1-year return at 27.52%, while Orient Tradelink has the lowest at -78.46%. Crystal Business's 1-year return of -2.79% is better than that of Orient Tradelink but worse than JMD Ventures. Additionally, several peers, including Orient Tradelink, Radaan Media, V R Films & Stud, TV Vision, and Silly Monks, have negative six-month returns.

How big is Crystal Business?

As of 31st August, Crystal Business System Ltd has a market capitalization of 20.00 Cr, with Net Sales of 8.06 Cr and a Net Profit loss of 0.12 Cr over the latest four quarters. Shareholder's Funds are 15.24 Cr and Total Assets are valued at 24.37 Cr as of March 2025.

As of 31st August, Crystal Business System Ltd has a market capitalization of 20.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 8.06 Cr. However, it experienced a Net Profit loss of 0.12 Cr during the same period.<BR><BR>The latest annual period for the balance sheet is March 2025, where Shareholder's Funds amounted to 15.24 Cr and Total Assets were valued at 24.37 Cr.

Should I buy, sell or hold Crystal Business System Ltd?

When is the next results date for Crystal Business System Ltd?

The next results date for Crystal Business System Ltd is 11 August 2026.

The next results date for Crystal Business System Ltd is scheduled for 11 August 2026.

Are Crystal Business System Ltd latest results good or bad?

Crystal Business System Ltd's latest results show a net profit of ₹3.19 crore for Q4 FY26, a significant turnaround from a loss last year, but revenue declined by 28.79% year-on-year to ₹4.60 crore, raising concerns about the sustainability of profit growth amidst ongoing operational challenges.

Crystal Business System Ltd's latest results present a mixed picture. On one hand, the company reported a net profit of ₹3.19 crore for Q4 FY26, a significant improvement compared to a loss of ₹1.27 crore in the same quarter last year. This turnaround in profitability is noteworthy and indicates some operational leverage.<BR><BR>However, the revenue figures tell a different story. The company experienced a sharp decline in revenue, with Q4 FY26 revenue at ₹4.60 crore, reflecting a 28.79% decrease year-on-year. While there was a substantial sequential increase of 411.11% from the previous quarter, this appears to be more of a recovery from a very low base rather than a sign of sustainable growth.<BR><BR>Additionally, the operating margin has improved dramatically to 71.74%, up from negative margins in prior quarters, which is a positive sign regarding cost management. The PAT margin also improved significantly to 69.35%.<BR><BR>Despite these positive developments in profitability metrics, the persistent decline in revenue raises concerns about the sustainability of this profit growth. The company has faced significant challenges in maintaining its market position, and its long-term operational metrics, such as return on equity and return on capital employed, indicate ongoing struggles.<BR><BR>In summary, while the latest profit results are good, the underlying revenue decline and operational challenges suggest caution for investors. The company’s ability to sustain this profit growth amidst declining sales remains uncertain.

Is Crystal Business overvalued or undervalued?

As of November 10, 2025, Crystal Business is considered risky due to its negative PE ratio of -17.48, an EV to EBITDA of -22.55, and a year-to-date return of -29.67%, indicating overvaluation and significant financial challenges compared to its peers like Sun TV Network and Zee Entertainment.

As of 10 November 2025, the valuation grade for Crystal Business has moved from expensive to risky, indicating a significant shift in its financial outlook. The company appears to be overvalued, reflected in its negative PE ratio of -17.48 and an EV to EBITDA ratio of -22.55, both of which suggest that the market is pricing in substantial losses. Additionally, the ROE stands at -7.94%, further highlighting the challenges the company faces in generating returns for its shareholders.<BR><BR>When compared to its peers, Crystal Business's valuation metrics are concerning. For instance, Sun TV Network, which is rated as fair, has a PE ratio of 12.71 and an EV to EBITDA of 7.61, showcasing a stark contrast in financial health. Similarly, Zee Entertainment, rated as very attractive, boasts a PE of 14.67 and an EV to EBITDA of -10.64, indicating a more favorable valuation. The recent performance of Crystal Business also underscores its struggles, with a year-to-date return of -29.67%, significantly lagging behind the Sensex's gain of 6.91%.

How has been the historical performance of Crystal Business?

Crystal Business has shown a declining trend in financial performance, with net sales dropping from 55.41 Cr in Mar'19 to 17.22 Cr in Mar'25, and fluctuating profits, culminating in negative cash flow from operating activities in Mar'25. The company faces significant challenges and requires strategic adjustments to reverse these trends.

Answer:<BR>The historical performance of Crystal Business shows a declining trend in net sales and overall financial metrics over the years.<BR><BR>Breakdown:<BR>Crystal Business has experienced a significant decline in net sales, dropping from 55.41 Cr in Mar'19 to 17.22 Cr in Mar'25, with fluctuations in between. Total operating income has mirrored this trend, decreasing from 55.41 Cr in Mar'19 to 17.22 Cr in Mar'25. The company has faced challenges with operating profit, which was positive in Mar'20 at 1.68 Cr but turned negative in Mar'23 at -0.19 Cr before recovering to 1.56 Cr in Mar'25. Profit before tax has shown a similar pattern, with a peak of 1.92 Cr in Mar'19, declining to 1.36 Cr in Mar'25. Profit after tax also fluctuated, with a low of -0.12 Cr in Mar'23, but rebounded to 0.91 Cr in Mar'25. The company's total assets decreased from 28.49 Cr in Mar'20 to 24.37 Cr in Mar'25, while total liabilities also fell from 28.48 Cr to 24.37 Cr in the same period. Cash flow from operating activities has been negative in Mar'25 at -3.00 Cr, contrasting with positive cash flows in earlier years. Overall, the financial performance of Crystal Business indicates a challenging environment with a need for strategic adjustments to reverse the declining trends.

What is the technical trend for Crystal Business?

As of May 12, 2025, Crystal Business is in a mildly bearish trend, influenced by short-term weakness in daily moving averages, while weekly and monthly indicators show mixed signals with some positive momentum.

As of 12 May 2025, the technical trend for Crystal Business has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD is also mildly bullish, indicating some positive momentum. However, the daily moving averages are mildly bearish, suggesting short-term weakness. The RSI shows no signal on the weekly chart but is bullish on the monthly chart, indicating potential for upward movement over a longer time frame. Bollinger Bands are sideways on the weekly chart and bearish on the monthly chart, reflecting a lack of clear direction. The KST is mildly bullish weekly but bearish monthly, and Dow Theory shows a mildly bullish stance on the weekly chart with no trend monthly. Overall, the current stance is mildly bearish, driven primarily by the daily moving averages and mixed signals from other indicators.

Who are the top shareholders of the Crystal Business?

The top shareholders of Crystal Business are Sadhna Media Private Limited with 8.64%, Sharpline Broadcast Limited with 9.34%, and individual investors holding 61.96%. There are no institutional holdings from mutual funds or foreign investors.

The top shareholders of Crystal Business include Sadhna Media Private Limited, which holds the highest promoter stake at 8.64%. The highest public shareholder is Sharpline Broadcast Limited, owning 9.34% of the company. Additionally, individual investors collectively hold a significant portion, accounting for 61.96% of the shares. There are no institutional holdings from mutual funds or foreign institutional investors.

Has Crystal Business declared dividend?

No Dividend History Available