Hindustan Media Ventures Limited has scheduled its 16th post-IPO Annual General Meeting (AGM) for September 24, 2026. The meeting will be conducted via video conferencing or other audio-visual means.

The company confirmed the dispatch of the Annual Report for FY26 and the AGM notice in compliance with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Letters containing web links to the report were sent to shareholders without registered email addresses as of August 26, 2026.

E-Voting Schedule

Shareholders can exercise their voting rights through remote e-voting facilitated by National Securities Depository Limited (NSDL). The voting window is open for three days prior to the meeting date.

Members whose names appear in the Register of Members or Depositories as on September 17, 2026 are eligible to vote. Those who have already cast their remote e-votes may attend the AGM but cannot vote again.

Agenda Items

The AGM will transact two ordinary business items:

• Adoption of audited standalone and consolidated financial statements for FY26, along with reports from the Board of Directors and Auditors.
• Re-appointment of Priyavrat Bhartia (DIN: 00020603) as a Director, who retires by rotation.

Nikhil Sethi, Company Secretary, signed the notice dated September 1, 2026. The meeting location is designated as New Delhi, though participation is virtual. Shareholders are advised to update their email addresses with depository participants to receive future communications electronically.

Hindustan Media Ventures Limited (HMVL) reported a significant turnaround in profitability for the first quarter of FY27, with net profit after tax (PAT) surging 113% year-on-year to ₹56 crore. The company name posted total revenue of ₹244 crore, a 28% increase from ₹191 crore in the corresponding quarter of the previous fiscal year. This performance underscores the effectiveness of its cost discipline strategies and steady advertising demand, despite broader macroeconomic headwinds such as elevated newsprint prices and supply-chain uncertainties.

The filing, submitted pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, details consolidated results for the quarter ended June 30, 2026. During the subsequent earnings call held on August 5, 2026, management addressed shareholder concerns regarding a proposed preferential issue, clarifying that the capital raise is intended to retire debt in indebted entities like HT Media Limited and Digicontent Limited, rather than HMVL, which holds a robust net cash position of ₹922 crore at the consolidated level.

Financial Performance Overview

The company’s financial metrics reflect strong operational leverage. EBITDA grew 109% to ₹75 crore, up from ₹36 crore in Q1FY26, pushing the EBITDA margin from 19% to 31%. Revenue from operations stood at ₹197 crore, a 20% increase year-on-year. While sequential growth was modest, with total revenue rising 6% quarter-on-quarter to ₹244 crore, the year-on-year trajectory indicates a robust recovery in core business segments.

Segmental Highlights

Print remained the anchor of the business, contributing significantly to top-line growth. Advertising revenue within the print segment grew steadily, while circulation revenue remained resilient. The English print division saw advertisement revenue rise 12% to ₹156 crore, while the Hindi division recorded a 20% jump to ₹139 crore. Conversely, the digital segment experienced moderated revenue, falling 28% to ₹27 crore, as the company deliberately reset its portfolio around leaner, more focused offerings to drive sustainable profitability. Radio revenue remained broadly steady at ₹32 crore, following the surrender of licenses for non-viable stations to create a more sustainable footprint.

What the Numbers Show

A key analytical observation from the Q1FY27 results is the divergence between operating revenue growth and other income. While operating revenue grew by 20%, other income surged by 75% to ₹47 crore, contributing significantly to the total revenue growth of 28%. Management clarified that this other income includes substantial treasury gains driven by yield curve movements and realized profits on the sale of assets, rather than mark-to-market valuation changes. Additionally, the expansion in EBITDA margin from 19% to 31% highlights effective cost control measures, particularly in employee costs which decreased by 8% despite revenue growth. This operational efficiency, combined with the strategic restructuring of the digital and radio segments, positions Hindustan Media Ventures for improved long-term sustainability.