Dish TV India Limited is an India-based company that provides Direct-to-Home (DTH) and Teleport Services. The company offers High Definition (HD) Android-based set-top boxes under the brands—Dish TV and D2H for Indian consumers. The set-top box can be used for watching OTT content and DTH TV channels. The company was incorporated under the Registrar of Companies on 10 August 1988, with its headquarters in Mumbai, Maharashtra. The market capitalisation of the company, as of 28 October 2022, stood at Rs 3,029 crore.
The company became a public company in 2007 and is listed on both the National Stock Exchange (NSE) as well as the Bombay Stock Exchange (BSE) under the codes DISHTV and 532839, respectively.
Dish TV India Limited is a well-known player in the Indian entertainment industry. It offers several packages, such as Dish Maxi, Dish Maxi Plus, Dish Welcome, Dish Freedom, Dish Freedom Plus, etc., to Indian consumers. The company also owns a sub-brand Zing under which it offers regional entertainment to its customers. For the quarter that ended in June 2022, the company reported consolidated sales of Rs 608.63 crore with a net profit of Rs 17.85 crore.
As per the shareholding pattern of the company in June 2022, a 58.89% stake in the company was held by promoters, a 24.78% stake belonged to other domestic institutions, a 10.70% stake was held by foreign institutional investors, a 4.04% stake was held by promoters, and the remaining 1.59% stake was invested in mutual funds. The company’s management team includes Mr Jawahar Lal Goel (chairman and MD), Mr Ashok Kurien (non-executive and non-independent director), Mr Bhagwan Das Narang (non-executive and independent director), Ms Rashmi Aggarwal (non-executive and independent director), Mr Shankar Aggarwal (non-executive and independent director), and Mr Rakesh Mohan (independent director), among others.
On 28 October 2022, Dish TV India Limited’s shares were priced at Rs 16.25 per share at the NSE. The 52-week low price of this share is Rs 10.23, whereas the 52-week high price of this share is Rs 22.33. Dish TV India Limited’s shares have given a six-month return of -1.81% and a one-year return of -5.52%. The top peers of the company include Sun TV Network, PVR, Saregama India, and Zee Entertainment.
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Dish TV India share price as on 23 Apr 2024 is Rs. 18.15. Over the past 6 months, the Dish TV India share price has increased by 3.42% and in the last one year, it has increased by 20.2%. The 52-week low for Dish TV India share price was Rs. 13.5 and 52-week high was Rs. 26.05.
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