Hindustan Media Ventures Limited reported a 9.9% increase in consolidated revenue to Rs 740 crore for FY26. While the company achieved revenue growth, Profit After Tax (PAT) dipped to Rs 157 crore from Rs 165 crore in the previous year. Management has decided to discontinue its OTTplay streaming business to prioritize its core print publishing operations. The company will hold its 16th Annual General Meeting on September 24, 2026.
Hindustan Media Ventures FY26 Revenue Hits Rs 740 Crore, PAT at Rs 157 Crore
Revenue grew 9.9% to Rs 740 crore; Profit After Tax declined to Rs 157 crore.
Reader Takeaway: Revenue growth highlights core print strength, but bottom-line pressure and the exit from digital ventures signal transition.
What just happened
Hindustan Media Ventures Limited (HMVL) released its FY26 Annual Report, showcasing a consolidated revenue of Rs 740 crore against Rs 673 crore in the previous year. EBITDA improved to Rs 204 crore, rising from Rs 198 crore. However, net profit dropped to Rs 157 crore, down from Rs 165 crore, with EPS standing at Rs 19 compared to Rs 22 in FY25. The company announced it will not pay a dividend for this financial year.
Why this matters
The company is pivoting away from digital diversification, specifically discontinuing its OTTplay streaming service. This strategic reversal indicates management's intent to reduce capital intensity and refocus on the 'Hindustan' print brand. Investors should note that while topline growth remains steady, the cost structures and changing dynamics of the print media industry continue to impact profitability.
What changes now
Leadership transitions are underway following the appointment of Shri Sameer Singh as Managing Director, effective March 1, 2026. Smt. Ruchira Kamboj has joined the board as an Independent Director. These moves coincide with a broader shift toward operational efficiency and disciplined cost management in the face of structural circulation challenges.
Risks to watch
Key risks include the ongoing decline in print circulation revenue and the margin compression reflected in the recent PAT figures. Monitoring how the company maintains profitability without the support of previous digital expansion projects will be critical.
What to track next
The 16th Annual General Meeting on September 24, 2026, will be the primary forum for shareholders to seek further clarity on the strategic move to exit the OTT space and the outlook for FY27 profitability.