Hindustan Media Ventures Limited (NSE:HMVL) filed an investor presentation on 5 August 2026 covering its unaudited consolidated financial results for the quarter ended 30 June 2026, disclosing total revenue of Rs 244 crore, EBITDA of Rs 75 crore, and PAT of Rs 56 crore for Q1 FY2026-27.
Key Highlights
- HMVL's consolidated total revenue rose 28% year-on-year to Rs 244 crore in Q1 FY2026-27, compared with Rs 191 crore in Q1 FY2025-26.
- EBITDA expanded 109% year-on-year to Rs 75 crore, with EBITDA margin widening to 31% from 19% in the same quarter last year.
- PAT before exceptional items grew 113% year-on-year to Rs 56 crore, with PAT margin improving to 23% from 14% in Q1 FY2025-26.
- Hindi print advertisement revenue increased 20% year-on-year to Rs 139 crore, while circulation revenue remained broadly steady at Rs 38 crore.
About the Company
Hindustan Media Ventures Limited (NSE:HMVL), headquartered in Patna, Bihar, is a subsidiary of HT Media Limited and publishes the Hindi-language daily newspaper Hindustan, one of India's largest-circulation Hindi newspapers with editions across Bihar, Jharkhand, Uttar Pradesh, Uttarakhand, and Delhi. The company is incorporated in Bihar and listed on both BSE (scrip code 533217) and NSE under the ticker HMVL.
Announcement in Detail
The investor presentation, filed under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, covers HMVL's standalone and consolidated performance as part of a combined HT Media Group quarterly webinar. On a standalone basis for HMVL, operating revenue grew 20% year-on-year to Rs 197 crore from Rs 165 crore, while other income rose sharply by 75% year-on-year to Rs 47 crore, taking total revenue to Rs 244 crore against Rs 191 crore in Q1 FY2025-26.
Raw material expenses rose 21% year-on-year to Rs 65 crore, reflecting higher newsprint costs. Employee costs declined 8% year-on-year to Rs 35 crore, and other expenses edged up 8% to Rs 69 crore. The presentation also references a board-approved preferential issue, which remains subject to regulatory and shareholder approval, aimed at strengthening the capital structure and streamlining the company's debt profile. The Chairperson's message cited elevated newsprint prices, a weaker rupee, and global supply-chain uncertainties as continuing cost-side concerns.
Impact on Investors
The filing shows a meaningful year-on-year improvement in both profitability and margins for HMVL in Q1 FY2026-27. Shareholders will observe that EBITDA margin expanded by 12 percentage points and PAT margin by 9 percentage points compared with the same quarter last year, driven by advertising revenue growth and employee cost reductions. However, the disclosed terms indicate that sequential performance moderated, with EBITDA falling 5% and PAT declining 12% quarter-on-quarter from Q4 FY2025-26.
Investors will note that the board-approved preferential issue, referenced in the presentation, has not yet received regulatory or shareholder approval. The disclosed terms indicate that if approved, it could result in dilution for existing shareholders, a factor the filing asks stakeholders to consider alongside the operational performance reported for the quarter.
Sector / Market Context
India's print media sector continues to face structural cost pressures from global newsprint price volatility, which has remained elevated since supply-chain disruptions in key producing regions. According to the Audit Bureau of Circulations, Hindi-language dailies retain among the highest verified readership figures of any language segment in India, providing a relatively stable circulation base for publishers operating in the Hindi belt. The Registrar of Newspapers for India has historically counted Hindi as the dominant language by number of registered publications, underscoring the competitive but large addressable market in which HMVL operates.