Why is Dish TV India Ltd ?
1
With a Negative Book Value, the company has a Weak Long Term Fundamental Strength
- Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 1.17
2
With a fall in PBT of -8.19%, the company declared Very Negative results in Sep 25
- The company has declared negative results for the last 9 consecutive quarters
- OPERATING PROFIT TO INTEREST(Q) Lowest at 0.46 times
- NET SALES(Latest six months) At Rs 620.49 cr has Grown at -27.08%
- PAT(Latest six months) At Rs -227.18 cr has Grown at -27.08%
3
Risky - Negative Operating Profits
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -65.13%, its profits have risen by 79.1%
4
Despite the size of the company, domestic mutual funds hold only 0% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
5
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -65.13% returns in the last 1 year, the stock has also underperformed BSE500 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Media & Entertainment)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Dish TV India for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Dish TV India
-64.96%
-1.66
39.28%
Sensex
4.78%
0.40
11.83%
Quality key factors
Factor
Value
Sales Growth (5y)
-17.12%
EBIT Growth (5y)
-166.53%
EBIT to Interest (avg)
1.17
Debt to EBITDA (avg)
0.13
Net Debt to Equity (avg)
0.04
Sales to Capital Employed (avg)
-0.18
Tax Ratio
22.04%
Dividend Payout Ratio
0
Pledged Shares
11.64%
Institutional Holding
13.69%
ROCE (avg)
9.89%
ROE (avg)
20.27%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
14
Price to Book Value
-0.22
EV to EBIT
-6.26
EV to EBITDA
1.88
EV to Capital Employed
-0.17
EV to Sales
0.46
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
Negative BV
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bearish
No Trend
Technical Movement
1What is working for the Company
DEBT-EQUITY RATIO(HY)
Lowest at -0.01 times
-31What is not working for the Company
OPERATING PROFIT TO INTEREST(Q)
Lowest at 0.46 times
NET SALES(Latest six months)
At Rs 620.49 cr has Grown at -27.08%
PAT(Latest six months)
At Rs -227.18 cr has Grown at -27.08%
PBDIT(Q)
Lowest at Rs 31.86 cr.
OPERATING PROFIT TO NET SALES(Q)
Lowest at 10.94%
PBT LESS OI(Q)
Lowest at Rs -140.81 cr.
DEBTORS TURNOVER RATIO(HY)
Lowest at 16.63 times
Loading Valuation Snapshot...
Here's what is working for Dish TV India
Debt-Equity Ratio - Half Yearly
Lowest at -0.01 times
in the last five half yearly periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Here's what is not working for Dish TV India
Operating Profit to Interest - Quarterly
Lowest at 0.46 times and Fallen
each quarter in the last five quartersMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs -140.81 cr has Fallen at -110.2% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs -66.98 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs -132.65 cr has Fallen at -116.3% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs -61.32 CrMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Net Sales - Quarterly
Lowest at Rs 291.13 cr and Fallen
each quarter in the last five quartersMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Net Sales - Quarterly
At Rs 291.13 cr has Fallen at -19.2% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 360.42 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Operating Profit (PBDIT) - Quarterly
Lowest at Rs 31.86 cr. and Fallen
each quarter in the last five quartersMOJO Watch
Near term Operating Profit trend is quite negative
Operating Profit (Rs Cr)
Operating Profit Margin - Quarterly
Lowest at 10.94% and Fallen
each quarter in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs -140.81 cr. and Fallen
each quarter in the last five quartersMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Profit After Tax (PAT) - Quarterly
Lowest at Rs -132.65 cr. and Fallen
each quarter in the last five quartersMOJO Watch
Near term PAT trend is very negative
PAT (Rs Cr)
Debtors Turnover Ratio- Half Yearly
Lowest at 16.63 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio






