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D B Corp Research Report - 16th Dec 2015

Media | Published on Dec 16th 2010


D B Corp (DBCL) is a leading print media company, publishing seven newspapers and 52 editions in three languages (Hindi, Gujarati and English) across 13 states in India. Over FY2010–13E, we have modeled in CAGR of 17.2%, 9.3% and 19.9% in the advertising revenue, circulation revenue and earnings, respectively, for DBCL. We Initiate Coverage on the stock with a Buy recommendation and a Target Price of Rs358, based on 21x P/E FY2013E EPS.

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CMP 264
Target Price 358
Investment Period

Stock Info

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Shareholding Pattern (%)

Public & Others3.0
Grand Total100.0

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