Why is Dish TV India Ltd ?
1
With a Negative Book Value, the company has a Weak Long Term Fundamental Strength
- Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 1.17
2
The company has declared Negative results for the last 6 consecutive quarters
- PBT LESS OI(Q) At Rs -55.52 cr has Fallen at -214.6% (vs previous 4Q average)
- OPERATING PROFIT TO INTEREST (Q) Lowest at 1.73 times
- PBDIT(Q) Lowest at Rs 122.71 cr.
3
Stock is technically in a Bearish range
- The technical trend has deteriorated from Mildly Bearish on 14-Oct-24 and has generated -60.82% returns since then
- Multiple factors for the stock are Bearish like MACD, Bollinger Band and KST
4
Risky - Negative Book Value
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -70.35%, its profits have fallen by -896%
5
Despite the size of the company, domestic mutual funds hold only 0.19% of the company
- Domestic mutual funds have capability to do in-depth on-the-ground research on companies- their small stake may signify either they are not comfortable at the price or the business
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in DTH/Cable)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Dish TV India for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Dish TV India
-70.3%
-1.72
40.99%
SENSEX
0.45%
0.03
14.48%
Quality key factors
Factor
Value
Sales Growth (5y)
-16.78%
EBIT Growth (5y)
-22.63%
EBIT to Interest (avg)
1.17
Debt to EBITDA (avg)
0.20
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.05
Tax Ratio
22.04%
Dividend Payout Ratio
0
Pledged Shares
11.68%
Institutional Holding
14.18%
ROCE (avg)
12.98%
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
13
Price to Book Value
-0.36
EV to EBIT
5.94
EV to EBITDA
1.49
EV to Capital Employed
-0.31
EV to Sales
0.54
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
Negative BV
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
Bullish
Bullish
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
No Trend
Technical Movement
0What is working for the Company
NO KEY POSITIVE TRIGGERS
-15What is not working for the Company
PBT LESS OI(Q)
At Rs -55.52 cr has Fallen at -214.6% (vs previous 4Q average
OPERATING PROFIT TO INTEREST (Q)
Lowest at 1.73 times
PBDIT(Q)
Lowest at Rs 122.71 cr.
CASH AND CASH EQUIVALENTS(HY)
Lowest at Rs 109.48 cr
DEBTORS TURNOVER RATIO(HY)
Lowest at 22.88 times
NET SALES(Q)
Lowest at Rs 373.03 cr
OPERATING PROFIT TO NET SALES (Q)
Lowest at 32.90%
Loading Valuation Snapshot...
Here's what is not working for Dish TV India
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs -55.52 cr has Fallen at -214.6% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs -17.65 CrMOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Net Sales - Quarterly
At Rs 373.03 cr has Fallen at -13.7% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 432.03 CrMOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Operating Profit to Interest - Quarterly
Lowest at 1.73 times
in the last five quartersMOJO Watch
The company's ability to manage interest payments is deteriorating
Operating Profit to Interest
Operating Profit (PBDIT) - Quarterly
Lowest at Rs 122.71 cr. and Fallen
each quarter in the last five quartersMOJO Watch
Near term Operating Profit trend is quite negative
Operating Profit (Rs Cr)
Net Sales - Quarterly
Lowest at Rs 373.03 cr
in the last five quartersMOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)
Operating Profit Margin - Quarterly
Lowest at 32.90%
in the last five quartersMOJO Watch
Company's efficiency has deteriorated
Operating Profit to Sales
Profit Before Tax less Other Income (PBT) - Quarterly
Lowest at Rs -55.52 cr.
in the last five quartersMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Cash and Cash Equivalents - Half Yearly
Lowest at Rs 109.48 cr
in the last six half yearly periodsMOJO Watch
Short Term liquidity is deteriorating
Cash and Cash Equivalents
Debtors Turnover Ratio- Half Yearly
Lowest at 22.88 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Non Operating Income - Quarterly
Highest at Rs 8.98 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income