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Jagran Prakashan Ltd

JAGRAN
NSE
65.99
0.66%
Last Updated:
29 Apr '26, 4:00 PM
Company Overview
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Jagran Prakashan Ltd

JAGRAN
NSE
65.99
0.66%
29 Apr '26, 4:00 PM
Company Overview
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6M
Price
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Quick Ratios

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Mkt Cap
Market Capitalization
1,436Cr
Close
Close Price
65.99
Industry
Industry
Newspaper
PE
Price To Earnings
8.74
PS
Price To Sales
0.76
Revenue
Revenue
1,885Cr
Rev Gr TTM
Revenue Growth TTM
-1.65%
PAT Gr TTM
PAT Growth TTM
-15.86%
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Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue
RevenueCr
459455459511510444447517481460467477
Growth YoY
Revenue Growth YoY%
8.20.01.04.710.9-2.3-2.71.1-5.63.64.7-7.7
Expenses
ExpensesCr
451385387406484379372423547396401405
Operating Profit
Operating ProfitCr
9697210525667593-66646771
OPM
OPM%
1.915.315.720.55.014.816.718.1-13.813.914.315.0
Other Income
Other IncomeCr
532218272423272134523128
Interest Expense
Interest ExpenseCr
11766861255566
Depreciation
DepreciationCr
262727282926272728202121
PBT
PBTCr
2557579712586282-65907173
Tax
TaxCr
21315246172119-14241418
PAT
PATCr
234442736414263-51675755
Growth YoY
PAT Growth YoY%
-55.98.4-18.0-10.8-74.1-6.50.3-14.6-953.462.736.7-12.0
NPM
NPM%
5.19.79.114.41.29.29.312.1-10.714.512.211.6
EPS
EPS
0.92.01.93.41.11.92.02.9-0.73.12.72.5

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue
RevenueCr
1,7702,0792,2832,3042,3632,0971,2891,6161,8561,9341,8881,885
Growth
Revenue Growth%
3.917.59.80.92.5-11.2-38.525.414.94.2-2.4-0.2
Expenses
ExpensesCr
1,3231,4891,6431,7211,8291,6651,0611,2561,6021,6631,7281,750
Operating Profit
Operating ProfitCr
446590640583534433228360254271160136
OPM
OPM%
25.228.428.025.322.620.617.722.313.714.08.57.2
Other Income
Other IncomeCr
325041474132427314591106144
Interest Expense
Interest ExpenseCr
375535272633343139282122
Depreciation
DepreciationCr
10412212913612814612911910711110889
PBT
PBTCr
418464517467421286107282253223137169
Tax
TaxCr
1101571681561475296556584342
PAT
PATCr
3083073493112742817821719716594127
Growth
PAT Growth%
36.2-0.413.8-11.0-11.82.4-72.1176.9-9.3-16.2-43.035.6
NPM
NPM%
17.414.815.313.511.613.46.113.410.68.55.06.8
EPS
EPS
9.913.710.79.68.79.33.28.47.68.46.07.5

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
Equity CapitalCr
656565625956565344444444
Reserves
ReservesCr
1,0711,5552,0901,9771,8161,8621,9402,0851,7041,8851,9041,899
Current Liabilities
Current LiabilitiesCr
821581583434710579328374688516513585
Non Current Liabilities
Non Current LiabilitiesCr
299453264270290223445449339243146156
Total Liabilities
Total LiabilitiesCr
2,2552,6993,2392,9923,1022,9512,9883,1752,9582,8512,7342,809
Current Assets
Current AssetsCr
1,0251,0071,0849401,2221,2279448961,1461,1761,4941,523
Non Current Assets
Non Current AssetsCr
1,2301,6922,1542,0511,8791,7242,0442,2791,8121,6751,2401,286
Total Assets
Total AssetsCr
2,2552,6993,2392,9923,1022,9512,9883,1752,9582,8512,7342,809

Cash Flow

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow
Operating Cash FlowCr
439425477391285404348322272297224
Investing Cash Flow
Investing Cash FlowCr
-441156-419102-5837-332-20424928-14
Financing Cash Flow
Financing Cash FlowCr
17-57363-605-224-462-2-123-517-307-222
Net Cash Flow
Net Cash FlowCr
157121-1132-2115-5418-12
Free Cash Flow
Free Cash FlowCr
387351376346145371345328300279179
CFO To PAT
CFO To PAT%
142.3138.3136.7125.6103.8143.9444.8148.5138.0180.0238.4
CFO To EBITDA
CFO To EBITDA%
98.271.974.667.053.393.4152.989.5106.9109.4139.7

Ratios

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
4,2025,2376,2475,3363,6591,2811,6321,7111,8992,2341,500
Price To Earnings
Price To Earnings
14.814.918.017.814.04.718.47.77.812.211.4
Price To Sales
Price To Sales
2.42.52.72.31.60.61.31.11.01.20.8
Price To Book
Price To Book
3.73.22.92.61.90.70.80.80.91.20.8
EV To EBITDA
EV To EBITDA
9.59.79.49.27.33.58.15.39.08.39.7
Profitability Ratios
Profitability Ratios
GPM
GPM%
64.769.871.471.269.171.376.374.170.375.077.9
OPM
OPM%
25.228.428.025.322.620.617.722.313.714.08.5
NPM
NPM%
17.414.815.313.511.613.46.113.410.68.55.0
ROCE
ROCE%
27.024.324.122.620.114.76.112.613.311.57.4
ROE
ROE%
27.118.916.215.314.614.63.910.211.38.64.8
ROA
ROA%
13.711.410.810.48.89.52.66.86.75.83.4
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
#### **Overview** Jagran Prakashan Limited (JPL), founded in 1942 by freedom fighter Shri Puran Chandra Gupta, is one of India’s most established and diversified multimedia conglomerates. With over 75 years of legacy, the company operates across **five core media verticals**: print, digital, FM radio, out-of-home (OOH) advertising, and experiential marketing (BTL activations). JPL combines deep regional roots with a future-ready digital transformation strategy to maintain leadership in India’s evolving media landscape. --- ### **Business Segments & Financials (FY25)** JPL operates through three primary business segments: 1. **Printing, Publishing & Digital** - **Revenue Contribution**: ₹92,741 crore - **Operating Profit**: ₹10,601 crore - This segment remains the company’s cornerstone, anchored by **Dainik Jagran**, India's largest-read daily newspaper, with over **68.7 million readers** (as of IRS 2019 Q4). - The print network includes over **300 editions and sub-editions** across 10 titles in 5 languages, operating through **33 printing facilities** in 13 states. 2. **FM Radio (Music Broadcast Limited – MBL)** - Operates **Radio City**, India’s first private FM broadcaster, across **39 terrestrial stations** in 12 states and 1 UT, reaching **62% of India's FM audience**. - **Loss**: ₹1,575 crore in FY25 (attributed to strategic investments and market conditions). - Digital integration ("Radigitalisation") and hyperlocal content are key focus areas. 3. **Other Businesses: OOH & Activations** - Includes **Jagran Engage** (OOH) and **Jagran Solutions** (BTL). - **Inter-segment revenue adjustments** in FY25 reduced total reported revenue by ₹286 crore, reflecting internal consolidation. --- ### **Multi-Platform Media Presence** | **Segment** | **Key Highlights** | |------------|-------------------| | **Print** | - Flagship title: *Dainik Jagran* (No. 1 Hindi daily since 2003)<br> - Other titles: *Inquilab* (top Urdu daily), *Naidunia*, *Navdunia*, *Punjabi Jagran*, *Mid-Day*<br> - Covers 19 states and UTs, with strong penetration in Tier-2/3 markets | | **Digital** | - **Jagran New Media (JNM)** ranks **10th in India** and **19th globally** in news/information (Comscore, May 2025)<br> - Total digital audience: **100 million unique users**<br> - Key platforms: Jagran.com (48M+ users), Jagranjosh.com (22.9M), OnlyMyHealth.com (15.2M), HerZindagi.com (25M+)<br> - Regional expansion: GujaratiJagran.com, MarathiJagran.com, HerzindagiTamil | | **Radio** | - Brand ethos: *“Rag Rag Mein Daude City”*<br> - 97 RJs, 250+ live programs, 600,000 monthly web radio listeners<br> - Digital extension via **radiocity.in** with 140+ podcasts and 7,000+ episodes | | **OOH** | - Operates **3,000+ media units** across 27 locations<br> - Key assets: Delhi Metro, Kanpur Metro, Rapid Metro Gurugram<br> - Focus on data-driven planning with real-time analytics and AI-based tools | | **Activations** | - High-margin experiential marketing via Jagran Solutions<br> - 85% **client repeat rate**<br> - Focus on immersive brand experiences: product launches, corporate events, cultural activations | --- ### **Digital Transformation & Technology Strategy** JPL is aggressively modernizing its digital footprint: - **Video-First Strategy**: - AI-powered video pages, 24x7 video widgets, and high-impact formats (e.g., *Cricket Ka Blockbuster*, *LSD*) to boost engagement. - **Technology Infrastructure**: - All websites migrated to **NextJS**, aligning with Web 3.0 standards. - **Smart CMS** powered by AI and integrated with the **Google News Initiative** to enhance editorial efficiency. - **Customer Data & Monetization**: - Implementation of **Customer Data Platform (CDP)** and **Data Management Platform (DMP)** to counter cookie deprecation. - Subscription model: **Jagran Prime**, offering long-form, solution-driven journalism. - Alternate revenue streams: **Content-to-commerce**, **syndication**, **production house (Rocketship Films)**, and **events**. - **Audience Intelligence**: - Collected **9.5 million data points** from 215,000+ subscribers for granular audience segmentation. - Defined cohort groups (e.g., "Trust Bearers") to enhance personalization and loyalty. --- ### **Regional & Hyperlocal Strategy** JPL leverages its unmatched **ground network** to deliver hyperlocal content across print and digital: - Strong presence in **Hindi heartland** (UP, Bihar, MP, Haryana, Jharkhand, Himachal, J&K) with **no major competition**. - City-specific programming on Radio City in regional languages (Hindi, Marathi, Gujarati). - Launch of region-specific initiatives: *RC Perfect Family*, *City Cook*, *Health Icon Awards*, *RC Dream Diwali*. - **Jagran Local App** delivers real-time news across **250+ cities** via location-based services. --- ### **Growth Drivers & Strategic Initiatives** #### **1. Cross-Platform Integration** - Offers **360° integrated campaigns** combining print, radio, digital, OOH, and BTL activation. - Clients include corporates, government bodies, educational institutions, and NGOs. #### **2. Emerging Revenue Segments** - **Experiential Marketing**: Growing at **18% CAGR**, projected to reach ₹167 billion by 2027. - **Asset-Based OOH**: Transitioning toward high-margin, stable-income OOH assets. - **Digital OOH**: Strategic focus supported by rising urban infrastructure. #### **3. Strategic Partnerships** - Tech Giants: **Google, Meta, Jio, Amazon, Taboola** for content discovery, distribution, and syndication. - Media Collaborations: **KOO, Gaana, Spotify, Airtel Wynk, IFCN, WhatsApp** for podcast monetization and fact-checking. #### **4. Fact-Checking & Credibility** - **Vishvas.News**: Multilingual fact-checking platform integrated with WhatsApp’s global chatbot. - All content adheres to **E-A-T standards** (Expertise, Authoritativeness, Trustworthiness). --- ### **Leadership & Industry Recognition** - **Dainik Jagran** has been India’s most trusted and widely read newspaper for over two decades. - Won **'Best in South Asia'** at INMA Global Media Awards four times. - **Mr. Pawan Bansal** (COO) appointed Chairman of **India Outdoor Advertising Association**, affirming leadership in OOH. - **Radio City** celebrated **16 seasons of Super Singer**, featuring Padma Shri Kailash Kher as mentor.