Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹21 Cr.
Stock P/E
5.9
P/B
1
Current Price
₹70.7
Book Value
₹ 74.2
Face Value
10
52W High
₹86.5
52W Low
₹ 52.5
Dividend Yield
2.83%

Cyber Media Research Overview

Business

Cyber Media Research & Services Ltd. (CMRSL) is primarily engaged in providing market research, advisory, and consulting services. Leveraging its lineage from the CyberMedia group, which is a prominent specialized media house in India, CMRSL specializes in data analytics, industry insights, and strategic consulting, particularly within the technology, telecom, and consumer electronics sectors. While the parent group has roots in printing and publishing (magazines like Dataquest, PCQuest, Voice&Data), CMRSL's core business model is to generate revenue by selling market intelligence reports, custom research projects, and advisory services to businesses, helping them make informed decisions on market trends, product strategies, and competitive landscapes.

Revenue Mix

Information on specific revenue breakdowns by segment (e.g., syndicated reports vs. custom projects vs. advisory) is not readily available in public filings. However, based on its operational description, the revenue streams primarily derive from:

Market Intelligence Reports: Sales of periodic and thematic research reports covering various technology and consumer markets.

Custom Research & Consulting: Undertaking bespoke research projects and providing strategic consulting tailored to specific client needs.

Data Services: Possibly offering access to proprietary data sets or analytics tools.

Given its niche in technology, these services would be concentrated on IT, telecom, consumer electronics, and emerging tech areas.

Industry

CMRSL operates within the broader market research and consulting industry in India. This industry is competitive, featuring large global players (e.g., Gartner, IDC, Forrester, Nielsen) and numerous domestic firms. CMRSL's positioning is somewhat niche, focusing heavily on the technology and telecom sectors, an area where its parent CyberMedia group has deep roots and content. Its long-standing association with the CyberMedia brand provides a degree of recognition and access to a rich base of industry contacts and data points. Compared to larger diversified research firms, CMRSL often competes on specialized domain expertise and understanding of the Indian market dynamics in its chosen niches.

MOAT

CMRSL's competitive advantages primarily stem from:

Niche Expertise & Data Assets: Deep specialization in the Indian technology, telecom, and consumer electronics markets, cultivated over decades through its association with CyberMedia. This grants it access to proprietary data, industry contacts, and a nuanced understanding of these sectors.

Brand Reputation (CyberMedia): Leveraging the established brand equity and credibility of the CyberMedia group, which has been a trusted source of information in the Indian IT sector for many years.

Relationships: Long-standing relationships with key industry stakeholders, decision-makers, and thought leaders in its focus areas, which aids in data collection and market access.

The moat is not as wide as global giants, but its focused expertise and local insights provide a durable advantage within its specific target markets.

Growth Drivers

Digital Transformation & Technology Adoption: Continued rapid digitalization across Indian industries and consumers drives demand for market intelligence in IT, cloud, AI, IoT, and other emerging technologies.

Increased Data-Driven Decision Making: As businesses become more sophisticated, the reliance on granular market research and data analytics for strategic planning, product development, and sales forecasting will grow.

Expansion into Adjacent Tech Niches: Opportunities to expand research offerings into new technology domains like cybersecurity, fintech, edtech, or health tech.

Increased Corporate Spending on Research: As the Indian economy grows and corporate sectors mature, budgets for market intelligence and consulting services are likely to increase.

Risks

Competition: Intense competition from both large global research firms with greater resources and smaller, agile specialized analytics firms.

Data Accuracy & Timeliness: The need to consistently deliver accurate, relevant, and timely insights in a rapidly evolving tech landscape. Failure to do so can erode credibility.

Reliance on Specific Sectors: Over-reliance on the technology and telecom sectors makes it vulnerable to downturns or significant shifts within these industries.

Talent Retention: Attracting and retaining skilled analysts, researchers, and consultants is crucial but challenging in a competitive talent market.

Technological Obsolescence: The business model needs to continually adapt to new data collection methods, analytics tools, and reporting formats to remain relevant.

Management & Ownership

CMRSL is part of the CyberMedia group, which is a privately promoted entity. Pradeep Gupta is the founder and CMD of CyberMedia, indicating a promoter-driven leadership. The ownership structure typically involves significant promoter holding, which is common in many Indian companies, particularly in specialized media and information services. Management quality would generally be assessed by their ability to navigate the evolving media and research landscape, maintain relevance in a digital-first world, and foster client relationships. Publicly detailed information on the specific management team of CMRSL (beyond its association with the broader CyberMedia group) and institutional ownership figures is not widely disclosed, given its smaller public listing profile.

Outlook

CMRSL operates in a challenging yet growing segment of the Indian economy. The increasing demand for data-driven insights, particularly in the technology sector, presents a positive backdrop for its market research and advisory services. Its historical association with the CyberMedia brand provides a degree of credibility and niche expertise.

However, the company faces significant competition from larger, more diversified players and the constant need to innovate its research methodologies and offerings to stay relevant. Growth will likely hinge on its ability to leverage its specialized knowledge, adapt to new data sources and analytics tools, and expand its client base while maintaining the quality and timeliness of its insights. The shift from traditional "printing and publishing" to digital-first research and advisory services is key to its future, requiring continuous investment in talent and technology.

Cyber Media Research Share Price

Live · NSE · Inception: 1996
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Cyber Media Research Quarterly Results

#(Fig in Cr.) Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Net Sales 22 18 18 21 18 22 21 22 25 46
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 23 18 18 21 19 22 21 22 26 47
Total Expenditure 20 17 17 20 18 21 20 21 24 44
Operating Profit 3 1 1 1 1 1 1 1 1 2
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses -1 0 0 0 0 0 0 -1 0 0
Profit Before Tax 2 1 1 1 1 1 1 1 1 2
Provision for Tax 1 0 0 0 0 0 0 0 0 0
Profit After Tax 1 1 1 1 0 1 1 1 1 1
Adjustments 0 0 0 -0 0 0 -0 -0 0 0
Profit After Adjustments 1 1 1 1 0 1 1 1 1 1
Adjusted Earnings Per Share 4.5 2.1 1.9 2.4 1.4 3.6 2.8 1.9 3.5 4.9

Cyber Media Research Profit & Loss

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
Net Sales 19 38 30 30 57 63 87 75 91 114
Other Income 0 1 1 0 0 0 1 1 1 0
Total Income 19 39 31 30 57 63 88 76 92 116
Total Expenditure 18 38 30 28 53 59 82 72 86 109
Operating Profit 2 1 1 2 4 4 7 4 5 5
Interest 0 1 1 1 1 1 1 1 1 0
Depreciation 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 -1 0 -0 -1
Profit Before Tax 1 0 0 1 2 3 5 3 4 5
Provision for Tax 0 -0 0 0 1 1 1 1 1 0
Profit After Tax 1 0 0 1 2 2 4 2 3 4
Adjustments 0 0 0 -0 -0 -0 -0 -0 -0 0
Profit After Adjustments 1 0 0 0 2 2 4 2 3 4
Adjusted Earnings Per Share 2.4 0.9 1.5 1.8 6.1 7.1 12.2 7.6 11.8 13.1

Cyber Media Research Balance Sheet

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Shareholder's Funds 1 2 2 2 4 13 16 17 20
Minority's Interest 0 0 0 0 0 0 0 0 0
Borrowings 3 5 6 7 7 6 6 5 4
Other Non-Current Liabilities -2 -2 -2 -2 -1 -0 -0 0 0
Total Current Liabilities 8 10 9 8 18 16 20 21 26
Total Liabilities 10 14 15 15 27 34 41 44 51
Fixed Assets 1 0 0 0 1 0 0 0 1
Other Non-Current Assets 3 3 3 4 8 10 9 10 10
Total Current Assets 7 11 11 11 19 24 32 34 41
Total Assets 10 14 15 15 27 34 41 44 51

Cyber Media Research Cash Flow

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Opening Cash & Cash Equivalents 1 1 1 2 2 5 8 4 4
Cash Flow from Operating Activities 1 -2 2 2 1 9 -5 4 1
Cash Flow from Investing Activities -3 0 -1 -2 2 -10 1 0 0
Cash Flow from Financing Activities 3 2 -1 -1 1 3 0 -4 -2
Net Cash Inflow / Outflow 1 -0 1 0 4 2 -3 0 -1
Closing Cash & Cash Equivalent 1 1 2 2 5 8 4 4 3

Cyber Media Research Ratios

# Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Earnings Per Share (Rs) 2.42 0.93 1.53 1.76 6.11 7.1 12.17 7.63 11.82
CEPS(Rs) 4.3 1.47 2.05 3.17 7.4 8.17 13.22 8.21 12.19
DPS(Rs) 0 0 0 0 0 2 2 2 2
Book NAV/Share(Rs) 5.57 6.62 7.99 8.74 14.96 42.84 53.04 58.88 69.35
Core EBITDA Margin(%) 7.61 1.25 2.2 4.71 5.98 6.93 6.63 3.65 5.17
EBIT Margin(%) 5.41 2.25 3.77 5.76 5.79 6.58 6.64 4.9 5.62
Pre Tax Margin(%) 3.89 0.31 1.28 2.32 4.09 5.22 5.65 3.91 4.88
PAT Margin (%) 3.18 0.61 1.28 2.23 2.83 3.36 4.11 3.09 3.83
Cash Profit Margin (%) 5.64 0.97 1.71 2.69 3.29 3.79 4.43 3.2 3.93
ROA(%) 5.81 1.91 2.66 4.43 7.65 6.92 9.5 5.45 7.33
ROE(%) 43.47 15.21 21.01 31.45 53.59 25.97 25.59 14.14 18.54
ROCE(%) 17.58 11.81 12.94 18.44 28.42 25.29 26.68 15.49 20.88
Receivable days 86.81 57.18 81.52 71.07 48.01 66.8 79.55 124.48 123.13
Inventory Days 0 0 0 0 0 0 0 0 0
Payable days 0 0 0 0 0 0 0 0 0
PER(x) 0 0 0 0 0 19.78 10.65 9.02 4.44
Price/Book(x) 0 0 0 0 0 3.28 2.44 1.17 0.76
Dividend Yield(%) 0 0 0 0 0 1.42 1.54 2.9 3.81
EV/Net Sales(x) 0.17 0.18 0.2 0.22 0.12 0.64 0.49 0.29 0.19
EV/Core EBITDA(x) 2.12 6.78 4.87 3.54 1.93 9.12 6.18 5.85 3.12
Net Sales Growth(%) 0 98.32 -20.63 -1.63 90.56 11.48 38.34 -14.09 21.05
EBIT Growth(%) 0 -17.49 32.94 50.37 91.24 26.71 39.7 -36.6 38.78
PAT Growth(%) 0 -61.71 65.5 71.47 141.38 32.39 69.6 -35.52 50.24
EPS Growth(%) 0 -61.71 65.5 14.67 247.51 16.21 71.34 -37.28 54.86
Debt/Equity(x) 3.21 4.16 3.47 3.35 2.58 0.54 0.55 0.35 0.26
Current Ratio(x) 0.85 1.11 1.25 1.41 1.07 1.56 1.63 1.58 1.55
Quick Ratio(x) 0.85 1.11 1.25 1.41 1.07 1.56 1.63 1.58 1.55
Interest Cover(x) 3.56 1.16 1.51 1.67 3.4 4.87 6.7 4.94 7.63
Total Debt/Mcap(x) 0 0 0 0 0 0.17 0.23 0.3 0.34

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +21% +13% +25% —
Operating Profit CAGR +25% +8% +20% —
PAT CAGR +50% +14% +25% —
Share Price CAGR -20% -16% — —
ROE Average +19% +19% +28% +28%
ROCE Average +21% +21% +23% +20%

Cyber Media Research Shareholding Pattern

Latest · Jun 2026
100% held
Promoters 42.42 %
FII 0.93 %
DII (MF + Insurance) 0 %
Public (retail) 56.65 %
# Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
Promoter 42.4242.4242.4242.4242.4242.4242.4242.4242.4242.42
FII 3.773.773.773.773.772.050.930.930.930.93
DII 0000000000
Public 53.8153.8153.8153.8153.8155.5356.6556.6556.6556.65
Others 0000000000
Total 100100100100100100100100100100

Cyber Media Research Peer Comparison

Printing And Publishing Edit Columns

Cyber Media Research Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

See more…

Cyber Media Research Pros & Cons

Pros

  • Company has delivered good profit growth of 24% CAGR over last 5 years
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Promoter holding is low: 42.42%.
Want to Start Investing in Top Unlisted Stocks?

Our experts help you choose the right stocks based on performance, risk, and growth potential.

whatsapp