Dish TV India Ltd. which is stylised as DishTV is a company providing Direct to Home (DTH) television service in India. This company is a subsidiary of Zee Entertainment Enterprises. Dish TV India Ltd. was India’s largest corporation in 2011. This company was also India’s most trusted DTH brand. This data is according to the Brand Trust Report 2014, a study conducted by Trust Research Advisory. Dish TV India Ltd. completed a merger with Videocon d2h. This merger created the largest DTH provider in India on 22nd March 2018. The article will concentrate on the share price of Dish TV India and its graph and news.
Dish TV India Share Price Graph
About the Company
Dish TV India Ltd. is a part of Essel Group. This company is India’s first direct-to-home entertainment service. Dish TV India Ltd. provides around 225 channels, which is the highest in numbers in this segment. This company also provides games, interactive TV, Movies on Demand, etc. Dish TV India Ltd. is a market leader in Direct to home which is known as DTH service having a pan India presence. By digitalizing Indian entertainment, this enterprise brought the best television viewing technology of this company.
Dish TV India Ltd. not only transmits high-quality programmes through satellite. Also, this company gives complete control of selecting channels and paying for them. This company imparts DVD-quality pictures and stereophonic sound effects to the customers. Dish TV India Ltd.’s main motive is to change the experience of TV viewing with its uninterrupted transmission service. This company enters the next level of entertainment with futuristic features and also provides EPG which is known as Electronic Programme Guide, parental lock, games, 400 channels, interactive TV and movie on demand. Dish TV India Ltd. also brings exclusive national and international channel plans which is the first time in India. This company has three subsidiaries namely Integrated Subscriber Management Services (ISMSL), Agrani Satellite Services (ASSL) and Agrani Convergence (ACL).
Dish TV India Ltd. provides a wide range of packages that cater to all segments keeping in mind the needs of various customers such as Dish Maxi Plus, Dish Maxi, Dish Welcome, Dish Freedom Plus, Dish Freedom, Silver Pack, Child Pack, Dish Mini, Dish A La Carte. This company has also introduced new packages to attract more consumers such as Mini Pack. Dish TV India Ltd. also provides other services such as movies on demand, gaming, bhakti active, Astro active, sports active and multilingual services.
Dish TV India Ltd., was incorporated in the year 1988 and launched the first DTH service in India on 2nd October 2003. This company decided not to compete against entrenched cable operators in metros and urban areas. Instead, they focused on providing services to rural areas and regions not serviced by cable television. Following bitter legal proceedings of Dish TV India Ltd. between STAR and Zee, in 2007, the 2 companies called a truce and began offering their channels on each other’s services. More than any other DTH service in India at the time, Dish TV’s acquisition of more transponders enabled them to offer 150 channels on their service.
Dish TV India Ltd. is India’s biggest and amongst the world’s largest single-country direct-to-home (DTH). This company with a subscriber base of more than 29 million. Dish TV India Ltd. has on its platform more than 655 channels and services including 40 audio channels and 70 HD channels and services. This company leverages multiple satellite platforms including NSS-6 Asiasat-5 SES-8 GSAT-15 and ST-2 and has a bandwidth capacity of 1422 MHz the largest held by any DTH player in the country. Dish TV India Ltd. has a vast distribution network of over 4000 distributors and around 400000 dealers that span across 9450 towns in the country. This company is connected with its pan-India customer base through call centres that are spread across 22 cities and are equipped to handle customer queries 24X7 in 12 different languages.
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Dish TV India Share Price Analysis with Company Financials
Dish TV India Ltd.’s key Products or Revenue Segments include Subscription Income which contributed Rs.2638.45 Crore to Sales Value 92.16 % of Total Sales. Other Charges of this company which contributed Rs.136.41 Crore to Sales Value 4.76 % of Total Sales. Dish TV India Ltd.’s Income From Advertisement of which contributed Rs.64.39 Crore to Sales Value 2.24 % of Total Sales. Teleport Services of this company contributed Rs.23.25 Crore to Sales Value 0.81 % of Total Sales. Other Operating Revenue of Dish TV India Ltd. which contributed Rs.0.10 Crore to Sales Value 0.00 % of Total Sales for the year ending 31st March 2018.
For the quarter ended 31st December 2018, Dish TV India Ltd. has reported consolidated sales of Rs.1517.45 Crore. This is down -4.82 % from QOQ Sales of Rs 1594.29 Crore and up 104.85 % from last year’s same quarter Sales of Rs 740.77 Crore. This company reported a net profit after tax of Rs.152.69 Crore in the latest quarter.
The latest news reflects the company’s market capitalization was 6,794.35 Cr. Now, have a look at the EPS (earnings per share) of the company which was 1.83. The P/E ratio and Price/Book Value were 20.16 and 1.01 respectively. The data was consolidated.
The Board of Directors of the Company
- Jawahar Lal Goel is the Chairman and Managing Director of this company.
- Bhagwan Das Narang is an Independent Director of the company.
- Shankar Aggarwal is an Independent Director of this company.
- Ashok Mathai Kurien is the Non-Executive Director of the company.
- Rashmi Aggarwal is an Independent Director of this company.
News of the Company
In the dated 04th February 2019, reported that Essel Group raised Rs 874.11 crore through the sale of the stake in Zee Entertainment. The Exchange has received the disclosure under Regulation 31(1) and 31(2), Reg 29(2), of SEBI Regulations, 2011 for Direct Media Distribution Ventures Pvt Ltd, World Crest Advisors LLP & Veena Investments Pvt Ltd on the same date. In the dated 28th January 2019, reported that Shares of Zee Entertainment fell 26 per cent last Friday while Dish TV shares were down 33 per cent.
Final Thoughts about Dish TV India Share Price
Dish TV India’s share price has endured significant volatility over the past year, with several highs and lows. Despite this, it should remain attractive to investors as its fundamentals are solid and continue to improve. As the country continues to develop its media sector and bring in more modern technologies, Dish TV is well-positioned to benefit from these growth opportunities. Investors should continue to monitor the market for trends that may affect the Dish TV India share price moving forward.