Esha Media Research Limited

About

Esha Media Research Limited provides media monitoring, social listening, and consumer intelligence solutions in India. The company operates Clipbyte for media monitoring, which safeguards brand, comprehends public sentiment, and tracks competitor influence for large corporations, government bodies, film associations, and sports organizers. It also provides stock market vigilance, such as rumor impact assessment, conversation impact analysis, and real-time market updates; real-time alerts, crisis management, and strategic planning for corporate image monitoring; and tracking of brand visibility at live sports comprising real-time brand monitoring, player association analysis, exposure insights, and reporting. In addition, the company offers media spend audits consisting of ad spend verification, ad placement confirmation, allocation of budget, audit monitoring, reporting, and analysis; and media transcription and translation, which include video transcription, accessibility, legal team support, multi-language translation, review process, confidentiality and security, and customizable services. Further, it provides data management services, including organization, storage solutions, and access. The company was incorporated in 1984 and is based in Mumbai, India.

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	0.48	0.58	0.51	0.70	0.54	0.42	1.21	0.38	1.15	0.03	0.04	0.03	0.04
Expenses	0.92	2.70	1.02	0.95	0.88	0.89	1.02	1.02	0.79	0.11	0.03	0.02	0.06
Operating Profit	-0.44	-2.12	-0.51	-0.25	-0.34	-0.47	0.19	-0.64	0.36	-0.08	0.01	0.01	-0.02
OPM %	-91.67	-365.52	-100.00	-35.71	-62.96	-111.90	15.70	-168.42	31.30	-266.67	25.00	33.33	-50.00
Other Income	0.00	4.08	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation	0.06	0.05	0.03	0.05	0.06	0.06	0.01	0.05	0.01	0.00	0.00	0.00	0.00
Interest	0.16	0.11	0.04	0.03	0.01	0.32	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Profit before tax	-0.66	1.80	-0.58	-0.33	-0.41	-0.85	0.18	-0.69	0.35	-0.08	0.01	0.01	-0.02
Tax %	0.00	0.00	0.00	0.00	0.00	-50.59	0.00	440.58	0.00	0.00	0.00	0.00	0.00
Net Profit	-0.65	1.80	-0.58	-0.34	-0.41	-0.42	0.18	-3.73	0.35	-0.08	0.00	0.01	-0.02
EPS in Rs	-0.83	2.31	-0.74	-0.44	-0.53	-0.54	0.23	-4.78	0.45	-0.10	0.00	0.01	-0.03

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	2.32	3.16	0.14	0.08	0.20	0.17	0.10	0.08	0.00	0.40	9.16	11.04
Expenses	5.54	3.73	0.22	0.24	0.34	0.23	0.26	4.94	2.71	3.61	8.40	7.67
Operating Profit	-3.22	-0.57	-0.08	-0.16	-0.14	-0.06	-0.16	-4.86	-2.71	-3.21	0.76	3.37
OPM %	-138.79	-18.04	-57.14	-200.00	-70.00	-35.29	-160.00	-6,075.00	—	-802.50	8.30	30.53
Other Income	4.08	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.12	0.01	0.00	0.00
Interest	0.19	0.32	0.00	0.00	0.01	0.01	0.00	0.00	0.01	0.02	0.02	0.00
Depreciation	0.19	0.14	0.01	0.01	0.02	0.03	0.25	0.49	1.06	1.15	1.84	3.04
Profit before tax	0.48	-1.03	-0.09	-0.17	-0.17	-0.10	-0.41	-5.35	-3.66	-4.37	-1.10	0.33
Tax %	0.00	252.43	0.00	0.00	0.00	-150.00	-9.76	-2.06	-4.10	-5.26	-24.55	-54.55
Net Profit	0.48	-3.63	-0.09	-0.18	-0.17	0.05	-0.37	-5.24	-3.52	-4.14	-0.83	0.51
EPS in Rs	0.61	-4.65	-0.12	-0.23	-0.22	0.06	-0.47	-6.71	-4.51	-5.30	-1.06	0.65
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	7.81	7.81	7.81	7.81	7.81	8.30	8.30	8.30	8.30	8.30	8.30	8.30
Reserves	-18.25	-18.73	-15.10	-15.01	-14.83	-15.15	-15.20	-14.83	-9.59	-6.07	-1.93	-1.09
Borrowings	6.41	9.12	7.81	7.76	7.69	7.55	7.47	7.22	7.05	6.55	6.14	5.28
Other Liabilities	5.34	3.14	1.11	1.10	1.08	1.08	1.16	1.19	1.43	1.94	1.89	2.11
Total Liabilities	1.31	1.34	1.63	1.66	1.75	1.78	1.73	1.88	7.19	10.72	14.40	14.60
Fixed Assets	0.49	0.92	0.04	0.06	0.07	0.09	0.12	0.37	0.85	1.91	3.04	4.83
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	0.82	0.42	1.59	1.60	1.68	1.69	1.61	1.51	6.34	8.81	11.36	9.77
Total Assets	1.31	1.34	1.63	1.66	1.75	1.78	1.73	1.88	7.19	10.72	14.40	14.60

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	-1.19	-0.20	-0.15	-0.08	-0.14	-0.08	-0.19	-0.18	-0.46	-0.47	-1.08	-1.08
Cash from Investing Activity	-0.21	-0.09	0.00	0.00	0.00	0.00	0.00	0.00	0.00	-0.02	-0.03	-0.02
Cash from Financing Activity	1.39	0.37	0.06	0.07	0.14	0.08	0.25	0.17	0.50	0.41	0.99	0.99
Net Cash Flow	0.00	0.08	-0.09	-0.01	0.00	0.00	0.05	0.00	0.04	-0.08	-0.11	-0.11
Free Cash Flow	-1.40	-0.30	-0.15	-0.08	-0.14	-0.08	-0.19	-0.18	-0.46	-0.49	-1.11	-1.10
CFO/OP %	31.00	16.00	188.00	50.00	100.00	133.00	119.00	4.00	17.00	15.00	-142.00	-32.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	36.19	16.17	234.64	91.25	146.00	193.24	109.50	0.00	—	6,624.75	388.91	266.15
Inventory Days	—	—	—	—	—	—	—	—	—	0.00	0.00	0.00
Cash Conversion Cycle	36.19	16.17	234.64	91.25	146.00	193.24	109.50	0.00	—	6,624.75	388.91	266.15
Working Capital Days	-1,743.19	-1,309.84	-2,294.29	1,277.50	657.00	751.47	1,204.50	1,368.75	—	6,442.25	390.50	274.08
ROCE %	—	—	-16.67	-27.64	-23.36	-14.17	-65.08	-165.89	-50.21	-40.86	-8.64	2.81

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	50.32	50.32	27.99	28.12	28.33	28.33	28.33	28.45	28.45	29.60	30.32	33.88
DIIs	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Public	49.66	49.66	71.98	71.87	71.65	71.65	71.64	71.54	71.54	70.39	69.66	66.10
No. of Shareholders	2,350	2,370	2,443	2,230	2,404	2,404	2,354	2,119	2,012	2,072	1,908	1,682