HT Media Ltd (NSE:HTMEDIA)
₹ 22.09 -0.67 (-2.94%) Market Cap: 5.11 Bil Enterprise Value: 3.34 Bil PE Ratio: 0 PB Ratio: 0.32 GF Score: 66/100

Q3 2026 HT Media Ltd Earnings Call Transcript

Jan 28, 2026 / 09:00AM GMT
Release Date Price: ₹23.17 (+3.62%)

Key Points

Positve
  • HT Media Ltd (BOM:532662) reported stable top-line performance with a 7% sequential growth in total revenue, reaching INR532 crores.
  • The Print segment demonstrated resilience with an 8% growth in advertising revenue, particularly in English language titles, and steady circulation revenues.
  • The Digital business showed significant growth with a 30% year-on-year increase in operating revenue and improved margins.
  • The company maintained a robust net cash position of INR945 crores, similar to the previous quarter.
  • HT Media Ltd (BOM:532662) achieved an EBITDA margin improvement to 10%, with EBITDA increasing by 9% sequentially.
Negative
  • The Radio segment faced challenges with a significant drop in revenue to INR34 crores, primarily due to a high base effect from the previous year's event-led business.
  • The Print-Hindi segment experienced a marginal decline of 4% in advertising revenue, attributed to a strong base effect.
  • The Digital segment, despite revenue growth, reported losses of INR23 crores, although margins have improved.
  • There is potential for an increase in newsprint prices due to geopolitical factors, which could impact future costs.
  • The company booked an exceptional item of INR41.4 crores related to the new labor code, impacting the financial results.
Aaditya Mulani
HT Media Ltd - Investor Relations

Good afternoon, ladies and gentlemen. This is Aaditya Mulani from HT Media Group. I would like to welcome you all to our quarter 3 financial year '25-'26 earnings webinar. (Event Instructions)

I now hand over to Ms. Anna Abraham, HT Media Group's Deputy CFO, Chief Financial Officer, HMVL, and Head, Investor Relations. Thank you, and over to you, Anna.

Anna Abraham
HT Media Ltd - Deputy Chief Financial Officer, Chief Financial Officer - HMVL, Head - Investor Relations

Thank you, Aaditya. Good afternoon, everyone. A warm welcome to our earnings webinar for the third quarter of the financial year '25-'26. Joining me on today's call is Head of Financial Controllership and Taxation, Mr. Pervez Bajan; and members of our Investor Relations team.

We will start the call with a brief presentation on the results of HT Media and Hindustan Media Ventures Limited, following which we will take any questions that you might have. Before we start, just a quick reminder that we do not give -- provide specific

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot