About
The Sandesh Limited, together with its subsidiary, Sandesh Digital Private Limited, engages in the editing, printing, and publishing of newspapers and periodicals in India. It operates through three segments: Media; Finance; and Trade in Commodities. The company publishes SANDESH, a Gujarati daily newspaper; and operates Sandesh News, a Gujarati news channel. It also provides news, videos, and advertisements on digital platforms; out-of-home media solutions; and finance services. The Sandesh Limited was founded in 1923 and is based in Ahmedabad, India.
Key Metrics
as of Sep 2026Market Cap797 Cr
P/E7.30
Div Yield0.48 %
Book Value₹1,886.00
52w High₹1,275.00
52w Low₹811.00
Face Value₹10.00
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 | 458.00 | 211.00 | 77.00 | 78.00 | 73.00 | 76.00 | 79.00 | 71.00 | 69.00 | 86.00 | 91.00 | 72.00 | 72.00 |
| Expenses | 439.00 | 246.00 | 57.00 | 73.00 | 55.00 | 64.00 | 121.00 | 55.00 | 53.00 | 61.00 | 66.00 | 58.00 | 56.00 |
| Operating Profit | 19.00 | -35.00 | 20.00 | 5.00 | 18.00 | 12.00 | -41.00 | 16.00 | 16.00 | 26.00 | 25.00 | 14.00 | 16.00 |
| OPM % | 4.20 | -17.00 | 26.00 | 6.00 | 25.00 | 16.00 | -52.00 | 22.00 | 23.00 | 30.00 | 28.00 | 20.00 | 22.00 |
| Other Income | 92.00 | 6.00 | 30.00 | 4.00 | 55.00 | 4.00 | 3.00 | 48.00 | 50.00 | 66.00 | 50.00 | 21.00 | 29.00 |
| Depreciation | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 110.00 | -31.00 | 48.00 | 7.00 | 71.00 | 13.00 | -40.00 | 61.00 | 64.00 | 90.00 | 73.00 | 34.00 | 44.00 |
| Tax % | 10.00 | 11.00 | 20.00 | 46.00 | 19.00 | 31.00 | -48.00 | 38.00 | 21.00 | 20.00 | 21.00 | 23.00 | 24.00 |
| Net Profit | 99.00 | -35.00 | 38.00 | 4.00 | 58.00 | 9.00 | -21.00 | 38.00 | 50.00 | 72.00 | 58.00 | 26.00 | 33.00 |
| EPS in Rs | 131.44 | -45.63 | 50.84 | 5.10 | 76.68 | 12.21 | -27.47 | 50.45 | 66.70 | 95.01 | 76.20 | 34.23 | 43.69 |
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 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 440.00 | 294.00 | 322.00 | 341.00 | 309.00 | 274.00 | 343.00 | 419.00 | 377.00 | 356.00 | 375.00 | 264.00 |
| Expenses | 353.00 | 226.00 | 240.00 | 246.00 | 232.00 | 198.00 | 273.00 | 331.00 | 258.00 | 249.00 | 247.00 | 249.00 |
| Operating Profit | 86.00 | 68.00 | 82.00 | 95.00 | 76.00 | 76.00 | 71.00 | 88.00 | 119.00 | 106.00 | 128.00 | 15.00 |
| OPM % | 20.00 | 23.00 | 25.00 | 28.00 | 25.00 | 28.00 | 21.00 | 21.00 | 32.00 | 30.00 | 34.00 | 6.00 |
| Other Income | 16.00 | 38.00 | 166.00 | 45.00 | 48.00 | 49.00 | 15.00 | 21.00 | 16.00 | 15.00 | 4.00 | 32.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.00 | 2.00 | 4.00 |
| Depreciation | 7.00 | 7.00 | 7.00 | 6.00 | 6.00 | 7.00 | 8.00 | 9.00 | 9.00 | 8.00 | 8.00 | 5.00 |
| Profit before tax | 96.00 | 99.00 | 241.00 | 134.00 | 118.00 | 117.00 | 77.00 | 99.00 | 126.00 | 113.00 | 123.00 | 38.00 |
| Tax % | 31.00 | 22.00 | 22.00 | 24.00 | 24.00 | 23.00 | 21.00 | 35.00 | 34.00 | 36.00 | 35.00 | 32.00 |
| Net Profit | 66.00 | 77.00 | 189.00 | 101.00 | 90.00 | 90.00 | 61.00 | 65.00 | 83.00 | 73.00 | 80.00 | 26.00 |
| EPS in Rs | 86.98 | 101.88 | 249.15 | 133.97 | 118.68 | 118.87 | 80.72 | 85.62 | 109.44 | 96.19 | 105.56 | — |
| Dividend Payout % | 6.00 | 5.00 | 2.00 | 4.00 | 4.00 | 4.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 10.00 |
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 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 8.00 | 9.00 |
| Reserves | 1,420.00 | 1,346.00 | 1,254.00 | 1,047.00 | 943.00 | 881.00 | 779.00 | 723.00 | 662.00 | 584.00 | 563.00 | 195.00 |
| Borrowings | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.00 | 14.00 | 54.00 |
| Other Liabilities | 99.00 | 89.00 | 87.00 | 62.00 | 64.00 | 75.00 | 55.00 | 70.00 | 87.00 | 95.00 | 118.00 | 86.00 |
| Total Liabilities | 1,527.00 | 1,442.00 | 1,349.00 | 1,117.00 | 1,014.00 | 964.00 | 842.00 | 800.00 | 758.00 | 688.00 | 702.00 | 344.00 |
| Fixed Assets | 105.00 | 106.00 | 110.00 | 112.00 | 110.00 | 120.00 | 128.00 | 132.00 | 138.00 | 126.00 | 73.00 | 53.00 |
| CWIP | 0.00 | 0.00 | 1.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 11.00 | 0.00 | 0.00 |
| Investments | 1,003.00 | 1,136.00 | 977.00 | 666.00 | 512.00 | 512.00 | 428.00 | 504.00 | 392.00 | 287.00 | 393.00 | 7.00 |
| Other Assets | 418.00 | 199.00 | 261.00 | 340.00 | 392.00 | 332.00 | 285.00 | 164.00 | 228.00 | 265.00 | 237.00 | 284.00 |
| Total Assets | 1,527.00 | 1,442.00 | 1,349.00 | 1,117.00 | 1,014.00 | 964.00 | 842.00 | 800.00 | 758.00 | 688.00 | 702.00 | 344.00 |
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 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -145.00 | 67.00 | 154.00 | 84.00 | 22.00 | 49.00 | -90.00 | 48.00 | 78.00 | 98.00 | 99.00 | -56.00 |
| Cash from Investing Activity | 148.00 | -109.00 | -130.00 | -106.00 | 33.00 | -40.00 | 85.00 | -102.00 | -110.00 | -33.00 | -39.00 | 8.00 |
| Cash from Financing Activity | -2.00 | -2.00 | -4.00 | -4.00 | -4.00 | -4.00 | -5.00 | -5.00 | -7.00 | -17.00 | -4.00 | 47.00 |
| Net Cash Flow | 1.00 | -43.00 | 20.00 | -26.00 | 51.00 | 4.00 | -10.00 | -58.00 | -38.00 | 49.00 | 57.00 | -1.00 |
| Free Cash Flow | -150.00 | 65.00 | 149.00 | 83.00 | 24.00 | 52.00 | -90.00 | 45.00 | 69.00 | 80.00 | 90.00 | -57.00 |
| CFO/OP % | -129.00 | 127.00 | 215.00 | 115.00 | 68.00 | 96.00 | -92.00 | 91.00 | 101.00 | 130.00 | 110.00 | -276.00 |
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 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 36.00 | 57.00 | 55.00 | 43.00 | 50.00 | 68.00 | 72.00 | 64.00 | 69.00 | 68.00 | 62.00 | 48.00 |
| Inventory Days | 441.00 | 109.00 | 61.00 | 47.00 | 132.00 | 125.00 | 66.00 | 48.00 | 128.00 | 128.00 | 68.00 | 58.00 |
| Days Payable | 41.00 | 48.00 | 33.00 | 27.00 | 27.00 | 87.00 | 18.00 | 24.00 | 51.00 | 37.00 | 38.00 | 82.00 |
| Cash Conversion Cycle | 437.00 | 119.00 | 83.00 | 64.00 | 155.00 | 106.00 | 120.00 | 89.00 | 146.00 | 158.00 | 92.00 | 24.00 |
| Working Capital Days | 231.00 | 84.00 | 121.00 | 98.00 | 144.00 | 138.00 | 216.00 | 58.00 | 55.00 | 48.00 | 2.00 | 263.00 |
| ROCE % | 7.00 | 8.00 | 21.00 | 13.00 | 11.00 | 14.00 | 10.00 | 14.00 | 20.00 | 19.00 | — | 19.00 |
Corporate Actions
33 records| Action | Ex Date | Record Date | Ratio | Amount (₹) | Notes |
|---|---|---|---|---|---|
| Dividend | 14 Aug 2026 | 14 Aug 2026 | — | 5.00 | |
| Dividend | 22 Aug 2025 | 22 Aug 2025 | — | 2.50 | |
| Dividend | 21 Feb 2025 | 21 Feb 2025 | — | 2.50 | |
| Dividend | 23 Feb 2024 | 23 Feb 2024 | — | 5.00 | |
| Dividend | 24 Feb 2023 | 24 Feb 2023 | — | 5.00 | |
| Other | 15 Sep 2022 | — | — | — | Annual General Meeting |
| Dividend | 24 Feb 2022 | 25 Feb 2022 | — | 5.00 | |
| Other | 15 Sep 2021 | — | — | — | Annual General Meeting |
| Dividend | 17 Feb 2021 | 19 Feb 2021 | — | 5.00 | |
| Other | 16 Dec 2020 | — | — | — | Annual General Meeting |
| Dividend | 27 Feb 2020 | 28 Feb 2020 | — | 5.00 | |
| Other | 18 Sep 2019 | — | — | — | Annual General Meeting |
| Dividend | 25 Feb 2019 | 26 Feb 2019 | — | 5.00 | |
| Other | 18 Sep 2018 | — | — | — | Annual General Meeting |
| Dividend | 22 Feb 2018 | 23 Feb 2018 | — | 5.00 | |
| Other | 13 Sep 2017 | — | — | — | Annual General Meeting |
| Dividend | 24 Mar 2017 | 27 Mar 2017 | — | 5.00 | |
| Other | 21 Sep 2016 | — | — | — | Annual General Meeting |
| Dividend | 18 Mar 2016 | 21 Mar 2016 | — | 5.00 | |
| Dividend | 23 Sep 2015 | — | — | 4.00 | |
| Dividend | 18 Sep 2014 | — | — | 4.00 | |
| Dividend | 29 Aug 2013 | — | — | 4.00 | |
| Other | 31 Jan 2013 | 01 Feb 2013 | — | — | Buy Back of Shares |
| Other | 31 Jan 2013 | 01 Feb 2013 | — | — | Buyback- Tender Offer |
| Dividend | 23 Aug 2012 | — | — | 3.50 | |
| Dividend | 25 Jul 2011 | — | — | 4.00 | |
| Dividend | 20 May 2010 | — | — | 3.00 | |
| Dividend | 02 Jul 2009 | — | — | 3.00 | |
| Dividend | 25 Aug 2008 | — | — | 3.00 | |
| Dividend | 07 Sep 2007 | — | — | 2.50 | |
| Dividend | 28 Aug 2006 | — | — | 2.00 | |
| Other | 01 Sep 2005 | — | — | — | Agm |
| Dividend | 03 Sep 2001 | — | — | 3.00 |
Announcements
5 filingsShareholding Pattern
Open on BSEFinancial Results — Filings
Open on BSEBoard Filings
Open on BSEAnnual Reports
Credit Ratings
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Rating update19 Feb 2025 from care
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Rating update13 Sep 2024 from care
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Rating update31 Aug 2023 from care
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Rating update6 Sep 2022 from care
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Rating update1 Sep 2021 from care
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Rating update25 Aug 2020 from care