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Madhya Pradesh Today Overview

1. Business Overview

Madhya Pradesh Today Media Ltd. is a media company primarily engaged in the Printing And Publishing sector in India. Based on its name, the company likely operates as a regional news publisher, focusing on the state of Madhya Pradesh. Its core business model involves creating and publishing news, current affairs, and other content, predominantly in print format (e.g., a daily newspaper or magazine). The company generates revenue primarily through advertising sales (display ads, classifieds) placed within its publications and through circulation revenue from the sale of these publications to readers.

2. Key Segments / Revenue Mix

Without specific financial data, the primary segment is likely "Print Media Publishing." This would encompass the production and distribution of its newspaper(s) or magazine(s). While not explicitly stated, it's common for media companies to also have a digital presence (website, app) as an extension of their print operations, which would form a secondary, and likely growing, segment. Historically, revenue for print media companies in India is heavily reliant on advertising (often 70-80% or more), with the remainder coming from circulation.

3. Industry & Positioning

The Indian Printing and Publishing industry is characterized by strong regional players, language diversity, and increasing competition from digital-first media outlets. It faces the global trend of declining print readership and shifting advertising budgets towards digital platforms. Madhya Pradesh Today Media Ltd. is positioned as a regional player within Madhya Pradesh. Its competitive landscape includes national dailies with regional editions, other local newspapers, and a growing number of digital news portals and social media platforms catering to the same audience. Its strength would lie in its local focus and established brand within the state.

4. Competitive Advantage (Moat)

Regional Brand Loyalty: A long-standing regional newspaper can cultivate significant trust and loyalty among its local readership, creating a mental availability advantage.

Local Content Expertise: Deep understanding and coverage of local news, issues, and events that national media might overlook, making it indispensable for local audiences.

Established Distribution Network: An entrenched physical distribution system within Madhya Pradesh for print publications, though this is less of a moat against digital competitors.

Local Advertiser Relationships: Established relationships with local businesses and government bodies for advertising, which can be sticky.

5. Growth Drivers

Digital Transformation: Successful transition and monetization of digital platforms (website, mobile app) to capture online readership and digital advertising spend.

Increased Regional Literacy & Income: Growth in literacy rates and disposable income within Madhya Pradesh could support circulation and advertising.

Hyperlocal Content: Further strengthening focus on hyperlocal news and community-centric content that differentiates it from broader national media.

Government Advertising: Continued or increased advertising spend from state and local government bodies.

Content Diversification: Expanding into new content formats (e.g., video, podcasts) or niche publications (e.g., special interest magazines) relevant to its audience.

6. Risks

Declining Print Readership: A continued structural decline in print readership, mirroring global trends, leading to reduced circulation.

Shift in Advertising Spend: Accelerated migration of advertising budgets from print to digital platforms, impacting primary revenue streams.

Rising Input Costs: Volatility and increases in the cost of raw materials (e.g., newsprint, ink) and distribution can squeeze margins.

Intense Competition: Competition from national newspapers, other regional players, and increasingly, digital news aggregators and social media.

Economic Downturns: Economic slowdowns can lead to reduced corporate advertising spending.

Regulatory Changes: Changes in media ownership laws, content regulations, or advertising policies.

7. Management & Ownership

Specific details about the management quality and ownership structure are not publicly available in this context. However, similar to many regional Indian companies, it is likely promoter-led. The quality of management would hinge on its ability to navigate the challenging landscape of the print media industry, embrace digital innovation, and maintain strong local relevance and financial discipline.

8. Outlook

The outlook for Madhya Pradesh Today Media Ltd. presents a balanced view of challenges and opportunities. The print media industry, globally and in India, faces structural headwinds from declining readership and the shift to digital. For MPTODAY, the key will be its ability to leverage its strong regional brand and local content expertise to maintain its print base while effectively transitioning and monetizing its digital presence. Success hinges on agile management, innovation in content delivery, and a robust strategy to diversify revenue streams beyond traditional print advertising. While the print segment may face continued pressure, a well-executed digital strategy and deep regional connect could allow the company to sustain and potentially grow its audience and revenue in the evolving media landscape.

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Madhya Pradesh Today Key Financials

Market Cap ₹20 Cr.

Stock P/E 6.3

P/B 0.4

Current Price ₹43.7

Book Value ₹ 97.6

Face Value 10

52W High ₹56.8

Dividend Yield 0%

52W Low ₹ 32.4

Madhya Pradesh Today Share Price

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Volume
Price

Madhya Pradesh Today Quarterly Price

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Madhya Pradesh Today Peer Comparison

Madhya Pradesh Today Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Madhya Pradesh Today Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 15 15 19 23 28 27 19 20 22 22 22
Other Income 0 0 0 1 1 1 1 0 0 0 1
Total Income 15 15 19 23 29 28 20 20 22 22 22
Total Expenditure 14 14 15 17 21 20 14 14 17 17 17
Operating Profit 2 2 4 7 8 8 6 6 5 5 5
Interest 0 0 0 1 1 1 1 1 1 1 0
Depreciation 1 0 0 1 1 1 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 -1 -0 -0 -0 -0 -0 -0 0
Profit Before Tax 1 1 4 4 6 6 4 4 3 4 4
Provision for Tax 0 0 1 1 2 2 1 1 1 1 1
Profit After Tax 0 1 2 3 4 4 3 3 2 3 3
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 0 1 2 3 4 4 3 3 2 3 3
Adjusted Earnings Per Share 0 0 0 6.7 9.8 9.5 6.7 6.6 5.3 5.5 7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 3% -4% 4%
Operating Profit CAGR 0% -6% -9% 10%
PAT CAGR 0% 0% -6% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 35% -8% 17% NA%
ROE Average 7% 7% 8% 21%
ROCE Average 9% 10% 11% 24%

Madhya Pradesh Today Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 2 2 5 22 26 30 33 36 39 41 45
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 1 1 2 3 2 2 1 1 0 0 0
Other Non-Current Liabilities -0 -0 -0 1 1 1 0 0 0 0 -0
Total Current Liabilities 7 7 7 13 13 12 9 10 8 5 4
Total Liabilities 9 9 13 38 42 45 44 47 48 47 49
Fixed Assets 2 2 4 6 8 9 8 7 6 6 6
Other Non-Current Assets 1 1 1 5 6 19 19 19 19 18 18
Total Current Assets 5 6 8 27 29 17 17 21 23 23 25
Total Assets 9 9 13 38 42 45 44 47 48 47 49

Madhya Pradesh Today Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 1 1 2 5 20 16 2 4 4 3 5
Cash Flow from Operating Activities 0 2 5 1 1 3 3 2 1 3 2
Cash Flow from Investing Activities -0 -1 -2 -5 -2 -14 -0 -0 0 -0 -1
Cash Flow from Financing Activities -0 0 1 19 -2 -2 -1 -2 -2 -2 -1
Net Cash Inflow / Outflow -0 1 3 14 -4 -14 2 -0 -0 1 0
Closing Cash & Cash Equivalent 1 2 5 20 16 2 4 4 3 5 5

Madhya Pradesh Today Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0 0 0 6.73 9.79 9.53 6.71 6.58 5.34 5.53 6.98
CEPS(Rs) 6.01 4.08 11.8 8.21 12.03 12.15 9.17 8.92 7.29 7.4 8.86
DPS(Rs) 0 0 0 0.5 0.5 0 0 0 0 0 0
Book NAV/Share(Rs) 0 0 0 47.44 56.95 66.48 73.19 79.77 85.11 90.64 97.62
Core EBITDA Margin(%) 11.55 9.68 21.55 26.08 24.79 26.88 27.36 28.11 21.83 22.29 20.18
EBIT Margin(%) 5.1 7.76 19.94 22.91 26.04 24.78 26.59 23.5 18.67 19.21 19.37
Pre Tax Margin(%) 4.45 7.05 18.46 19.58 22.43 21.61 22.56 20.81 15.89 16.71 17.32
PAT Margin (%) 2.73 4.29 12.34 13.61 15.96 15.94 16.29 15.01 11.18 11.72 14.7
Cash Profit Margin (%) 9.46 6.5 14.96 16.6 19.61 20.32 22.28 20.32 15.26 15.68 18.65
ROA(%) 4.9 7.24 20.56 11.94 11.13 10.03 6.93 6.62 5.15 5.32 6.62
ROE(%) 31.36 35.48 68.65 23.31 18.76 15.44 9.61 8.61 6.48 6.29 7.42
ROCE(%) 34.75 40.47 69.22 27.09 22.57 19 12.97 11.57 9.66 9.56 9.38
Receivable days 82.15 82.94 43.26 40.79 82.12 134.05 214.62 209.43 211.25 226.95 236.57
Inventory Days 12.32 12.43 17.26 19.8 15.23 12.41 15.81 31.44 54.34 56.8 37.29
Payable days 45.74 34.79 77.24 40.64 27.66 44.29 109.24 84.52 50.3 51.58 18.36
PER(x) 0 0 0 18.77 3.9 1.73 2.47 6.67 9.1 5.45 3.74
Price/Book(x) 0 0 0 2.66 0.67 0.25 0.23 0.55 0.57 0.33 0.27
Dividend Yield(%) 0 0 0 0.4 1.31 0 0 0 0 0 0
EV/Net Sales(x) 0.02 -0.05 -0.06 2.08 0.33 0.44 0.54 1.07 1.04 0.53 0.38
EV/Core EBITDA(x) 0.2 -0.46 -0.28 6.98 1.13 1.5 1.65 3.7 4.56 2.28 1.67
Net Sales Growth(%) -1.99 -1.12 25.56 18.37 24.08 -2.55 -31.14 6.54 8.86 -1.18 0.64
EBIT Growth(%) -33.3 50.55 222.47 35.99 41.04 -7.26 -26.11 -5.87 -13.5 1.68 1.46
PAT Growth(%) -40.93 55.31 261.12 30.5 45.51 -2.65 -29.62 -1.83 -18.92 3.59 26.21
EPS Growth(%) 0 0 0 0 45.5 -2.65 -29.62 -1.84 -18.92 3.59 26.21
Debt/Equity(x) 0.57 0.6 0.6 0.41 0.31 0.23 0.19 0.14 0.1 0.06 0.03
Current Ratio(x) 0.82 0.92 1.19 2.1 2.2 1.47 1.96 2.2 2.71 4.32 5.51
Quick Ratio(x) 0.75 0.83 1.01 2.01 2.12 1.41 1.86 1.93 2.25 3.81 5.14
Interest Cover(x) 7.82 10.93 13.45 6.88 7.21 7.8 6.59 8.75 6.71 7.69 9.46
Total Debt/Mcap(x) 0 0 0 0.16 0.46 0.91 0.86 0.25 0.18 0.18 0.1

Madhya Pradesh Today Shareholding Pattern

# Sep 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 53.42 53.42 53.42 53.42 53.42 53.42 53.42 53.42 53.42 53.42
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 46.58 46.58 46.58 46.58 46.58 46.58 46.58 46.58 46.58 46.58
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Madhya Pradesh Today News

Madhya Pradesh Today Pros & Cons

Pros

  • Stock is trading at 0.4 times its book value
  • Debtor days have improved from 51.58 to 18.36days.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 7% over the last 3 years.
  • The company has delivered a poor profit growth of -5% over past five years.
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