Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹189Cr
IT Enabled Services/Business Process Outsourcing
Rev Gr TTM
Revenue Growth TTM
33.94%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

QUINT
VS
| Quarter | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | 10.9 | -5.8 | -2.2 | -14.6 | -22.3 | -47.2 | -54.5 | -46.0 | -50.4 | -3.5 | -11.2 | 268.0 |
| 27 | 24 | 26 | 23 | 14 | 13 | 13 | 12 | 11 | 10 | 10 | 35 |
Operating Profit Operating ProfitCr |
| -39.4 | -50.1 | -33.6 | -46.9 | 8.6 | -61.2 | -48.7 | -45.4 | -44.0 | -26.2 | -26.1 | -10.5 |
Other Income Other IncomeCr | 3 | 6 | 4 | 101 | 8 | -19 | 10 | 8 | 7 | 8 | 4 | 44 |
Interest Expense Interest ExpenseCr | 1 | 2 | 3 | 5 | 4 | 5 | 5 | 6 | 5 | 1 | 1 | 1 |
Depreciation DepreciationCr | 3 | 3 | 4 | 5 | 3 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| -9 | -8 | -10 | 83 | 2 | -30 | 0 | -3 | -2 | 3 | 0 | 39 |
| 1 | 1 | 1 | 7 | 2 | -3 | 1 | 0 | 0 | -1 | 0 | 0 |
|
Growth YoY PAT Growth YoY% | -123.4 | -38.3 | -133.3 | 1,189.0 | 104.3 | -207.1 | 92.4 | -104.1 | -640.9 | 116.7 | 95.0 | 1,339.7 |
| -52.6 | -56.0 | -54.5 | 482.7 | 2.9 | -325.6 | -9.1 | -37.0 | -31.5 | 56.3 | -0.5 | 124.7 |
| -2.3 | -1.9 | -2.2 | 16.2 | 2.2 | -7.9 | -0.2 | -0.7 | -0.5 | 1.0 | 0.0 | 8.3 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| | 57.9 | 33.0 | -11.4 | -51.8 | 71.8 |
| 68 | 72 | 91 | 86 | 50 | 65 |
Operating Profit Operating ProfitCr |
| -93.1 | -29.0 | -21.5 | -30.9 | -56.1 | -19.6 |
Other Income Other IncomeCr | -16 | 4 | 5 | 118 | 7 | 63 |
Interest Expense Interest ExpenseCr | 4 | 2 | 3 | 15 | 21 | 7 |
Depreciation DepreciationCr | 8 | 9 | 12 | 15 | 5 | 5 |
| -61 | -23 | -26 | 68 | -36 | 40 |
| 0 | 2 | 2 | 11 | -3 | -1 |
|
| | 59.0 | -13.3 | 303.3 | -158.1 | 223.5 |
| -171.3 | -44.4 | -37.8 | 86.8 | -104.7 | 75.3 |
| -25.1 | -4.0 | -7.7 | 14.3 | -6.9 | 8.8 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 22 | 22 | 47 | 47 | 47 | 47 |
| -226 | -30 | 91 | 181 | 135 | 125 |
Current Liabilities Current LiabilitiesCr | 39 | 60 | 89 | 178 | 126 | 27 |
Non Current Liabilities Non Current LiabilitiesCr | 44 | 6 | 4 | 59 | 38 | 4 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 85 | 52 | 195 | 379 | 246 | 112 |
Non Current Assets Non Current AssetsCr | 30 | 55 | 87 | 119 | 106 | 91 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | -1 | -18 | -22 | -20 | -30 |
Investing Cash Flow Investing Cash FlowCr | -57 | -2 | -124 | -205 | 111 |
Financing Cash Flow Financing Cash FlowCr | 19 | 17 | 162 | 177 | -54 |
|
Free Cash Flow Free Cash FlowCr | 1 | -18 | -25 | -56 | -35 |
| 1.0 | 72.8 | 76.4 | -34.2 | 89.8 |
CFO To EBITDA CFO To EBITDA% | 1.8 | 111.5 | 134.2 | 96.1 | 167.7 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 724 | 921 | 615 | 500 | 302 |
Price To Earnings Price To Earnings | 0.0 | 0.0 | 0.0 | 6.7 | -9.3 |
Price To Sales Price To Sales | 20.4 | 16.5 | 8.3 | 7.6 | 9.5 |
Price To Book Price To Book | -3.5 | -110.1 | 4.4 | 2.2 | 1.7 |
| -23.8 | -58.4 | -41.8 | -34.9 | -25.1 |
Profitability Ratios Profitability Ratios |
| 100.0 | 100.0 | 100.0 | 100.0 | 100.0 |
| -93.1 | -29.0 | -21.5 | -30.9 | -56.1 |
| -171.3 | -44.4 | -37.8 | 86.8 | -104.7 |
| 40.2 | -101.8 | -10.6 | 18.4 | -4.7 |
| 29.8 | 297.5 | -20.4 | 25.1 | -18.3 |
| -52.9 | -23.2 | -10.0 | 11.5 | -9.4 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
Quint Digital Ltd (QDL), formerly known as Quint Digital Media Limited (rebranded in August 2023), is India’s **only publicly listed pure-play new-age digital media and media-technology (media-tech) company**. Headquartered in India and listed on the BSE, QDL has evolved into a multi-brand, **AI-driven digital media and technology enterprise**, operating across news publishing, AI-powered media technology, and lifestyle platforms.
Founded in 2015 with the launch of its flagship platform **The Quint**, QDL is now repositioning itself as a **future-ready, AI-focused media-tech powerhouse**—blending high-impact journalism with innovative SaaS technology and strategic global expansion.
---
### **Core Business Verticals (as of Sep 2025)**
1. **The Quint** – Flagship digital news platform delivering in-depth, enterprise journalism.
2. **Time Out India** – Franchise-based digital and experiential lifestyle brand (launched May 2025).
3. **Media Technology (Quintype Technologies)** – AI-powered publishing SaaS platform serving global publishers.
---
### **Key Strategic Developments (2024–2025)**
#### **1. Strategic Restructuring & Franchise Expansion**
- **Franchise Agreement with Time Out (May/Sep 2025):**
- QDL secured the **exclusive franchise rights** to launch **Time Out India** in digital (Time Out Media) and physical formats (Time Out Market).
- This marks QDL’s **first entry beyond media into real-life experiential commerce**, combining food, culture, and entertainment.
- A digital destination, *timeout.com/india*, will launch in Q2 2026, targeting urban youth in metro cities.
- Plans to potentially operate **Time Out Markets**—curated, editorially driven food and cultural spaces currently in New York, Dubai, and Chicago.
- Collaboration leverages QDL’s digital publishing tech and AI analytics with Time Out’s global urban culture expertise.
- **Corporate Restructuring:**
- Amended **Memorandum of Association** to enable joint ventures, franchising, and revenue-sharing models.
- **Merger of Quintillion Media Limited** into QDL completed post-approval by BSE and NCLT (Sep 2024).
- **Divestment** of 51% stake in *Quintillion Business Media Limited* (bqprime.com) to AMG Media Networks (Adani Group) in Dec 2023 for strategic clarity.
#### **2. Consolidation of Media-Tech Arm**
- **Gained full operating control** of *Quintype Technologies*, previously a 50:50 joint venture, effective **October 1, 2024**.
- Financial consolidation began in Q4 FY25, expected to significantly **boost reported revenues and profitability**.
- This enables unified strategy, faster execution, and greater investment in R&D and global expansion.
#### **3. Strategic Acquisition: Listen First Media**
- A pivotal move in **February 2024**: through **Quintype Technologies Inc. (USA)**, QDL acquired **Listen First Media LLC**, a New York-based social media analytics firm, for **$5.5 million (₹458.55 crores)**.
- Listen First provides real-time audience intelligence and social media ROI tools to **Fortune 500 clients** in media, entertainment, and gaming.
- Integrated into Quintype’s AI platform to enhance **audience insights, content personalization, and social engagement analytics**.
- Strengthened QDL’s position as a global leader in **AI-powered media intelligence**.
#### **4. Investment in Lee Enterprises, Inc.**
- QDL holds a **12.42% minority stake** in **Lee Enterprises, Inc.** (NASDAQ: LEE), a major U.S. media company operating across **73 markets in 26 states**.
- Lee owns **BLOX Digital**, a leading SaaS CMS serving over **2,000 media organizations** in North America.
- This strategic stake provides QDL with **access to U.S. publishing tech ecosystems** and potential synergies in AI-driven CMS innovation.
---
### **AI-Driven Innovation & Digital Transformation**
#### **"DigitAI" Vision**
- QDL is integrating AI across all operations under its **DigitAI strategy** to drive cost efficiency, content innovation, and audience engagement.
- **AI applications include:**
- Automated headline generation, SEO optimization, and alt-text suggestions.
- **AI-generated visuals** using tools like Midjourney for investigative storytelling.
- **AI detection tools** to identify deepfakes and synthetic content, strengthening fact-checking.
- **Generative AI** to reduce technology costs while improving content scalability.
#### **Content Strategy Pivot**
- Shift from **commodity news to enterprise journalism**, focusing on high-value, original content in areas like:
- Job crises, climate change, hate speech, gender issues, and social polarization.
- Platform strategy now centered on **subscription revenue**, **branded content**, and **reader engagement**, reducing reliance on advertising.
---
### **Flagship Platforms & Content Innovation**
#### **The Quint (Launched 2015)**
- Mobile-first, social-native digital news platform with strong focus on:
- Investigative journalism (e.g., "लड़की हूं... पढ़ना चाहती हूं" series on girls’ education).
- **Fact-checking via WebQoof**, an **IFCN-certified** initiative combating misinformation in Hindi and English.
- **Citizen journalism through My Report**, enabling users to contribute stories with editorial support.
- **The Quint Lab** – dedicated innovation team producing:
- Interactive graphic novels
- Data-driven visual stories (e.g., Russia-Ukraine war, IPL auctions)
- Immersive experiences (e.g., reliving 1983 World Cup win)
#### **Podcasts & Video Content**
- **"Urdunama"** – Explores Urdu lyrics in Indian cinema.
- **"Siyasat"** – Political deep-dives in Hindi.
- **"Do I Like It?"** – Cultural review show.
- **"Scamguard" series** – AI-powered interactive guides to combat UPI, job, and e-commerce fraud.
#### **International Focus**
- **The Quint World** targets the **Indian diaspora** with geo-personalized content on global politics, business, and culture.
- Key international audiences in the **U.S., UK, Canada, UAE, Australia, and Singapore**.
---
### **Media-Tech Business: Quintype Technologies**
#### **Global SaaS Platform**
- **Quintype Technologies India Ltd.** (Bangalore-based, est. 2016) is a **material, profitable subsidiary**.
- Serves **300+ global publishers** across the **U.S., Europe, Middle East, Africa, and India**.
- Platform handles **over 1 billion monthly page views** and manages **500,000+ stories annually in 150+ languages**.
- Key features:
- AI-driven CMS
- Content personalization
- Real-time analytics
- Auto-scaling infrastructure
- Monetization tools
#### **Client Success Stories**
- **Sakal**: Tripled website traffic, **40% reduction in total cost of ownership**.
- **Deccan Herald**: Successfully migrated **2+ million articles** without traffic loss, enhanced audience targeting.
- **BQ Prime, Fortune India, Karjalainen (Finland), i-Mediat (Norway)** are notable clients.
#### **Global Expansion**
- **UAE office launched in Sep 2022** to grow presence in MENA.
- Plans to enter North American CMS market via synergies with Lee Enterprises and Listen First.
#### **Revenue & Growth**
- **Revenue from Quintype**: ₹27.38 crores in FY2023–24 (up **22.78% YoY** from ₹22.31 crores).
- Strong growth path supported by AI integration, SaaS expansion, and international demand.
---
### **Other Digital Brands in Portfolio**
- **Kisan India** (formerly Quint Hindi YouTube): Rebranded and transferred to **Shvaas Creations Private Limited**, now a digital agriculture platform covering farming, dairy, weather, government schemes. A **niche strategic asset** with government and rural engagement potential.
- **The News Minute (TNM)**: Southern India-focused news site with strong regional presence.
- **Youth Ki Awaaz (YKA)**: Citizen media platform for youth voices.
- **Spunklane Media**: National and global current affairs content platform (QDL holds ~44.71% stake).
---
### **Financial & Operational Highlights**
- **FY23 Revenue**: ₹332.32 crores (~INR 3,323 lakhs), with **net margin of 26.98%**.
- **Zero net debt** and strong balance sheet.
- Focus on **reinvesting profits** into AI, R&D, and strategic acquisitions.
- Plans to raise **INR 250 crores via QIP** (as of Aug 2023) for inorganic growth.
---
### **Leadership & Governance**
- **Raghav Bahl** – Co-founder and former head of Network18; instrumental in shaping QDL’s digital-first vision.
- **Manish** (MBA, Columbia; exec education, Harvard) – Appointed **CEO of Quintype Technologies** (Oct 2024), tasked with scaling the global media-tech business.
---
### **Competitive Positioning**
- **Only pure-play listed digital media company in India**.
- At the convergence of **high-quality journalism, AI innovation, and SaaS tech**.
- Strategic differentiators:
- Multi-brand model (news, lifestyle, tech)
- AI-first content and tech stack
- Global client base in media tech
- Early mover in experiential media via Time Out
- Profitable media-tech arm enabling reinvestment