d2h

Noida, India Founded: 2007 • Age: 19 yrs Listed
Offers subscription-based satellite TV services.
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About d2h

d2h is a publicly listed company based in Noida (India) founded in 2007. It offers subscription-based satellite TV services. It operates on a B2C model. The company has 382 employees. Its website d2h.com draws about 398 thousand monthly visits. Its Indian entity Dish Tv India Limited reported revenue of ₹1,192 Cr. Its focus areas include Media and Entertainment, Broadcasting, Satellite Services and TV Subscription. Similar companies include Tata Play, DishTV and Indusind Media Communications; 1 of its 3 listed similar companies has raised funding.

Company details

d2h, based in Noida, focuses on media and entertainment, broadcasting, satellite services, and tv subscription. Offers subscription-based satellite TV services. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

  • Headquarters Noida, India
  • Employees 382
  • Stage Public
  • Sectors
    Retail
  • Website category Arts and Entertainment · TV Movies and Streaming
  • Website d2h.com
  • Social X
  • Legal Name Dish Tv India Limited
  • Date of Incorporation 10 Aug, 1988
  • Jurisdiction Mumbai, Maharashtra, India
Operational Areas
Retail → Subscription & Video Commerce
Key Metrics
  • Market Cap
    ₹366 Cr

    DISHTV · NSE

  • Share Price
    ₹1.99

    0.00% today

  • Revenue
    ₹1,163 Cr

    FY 2025-26 · -25.8% YoY

  • EBITDA
    −₹150 Cr

    Margin -12.9%

  • Net Profit
    −₹627 Cr

    FY 2025-26 · -310.5% YoY

  • Employee Count
    382

Board of directors of Dish Tv India Limited (d2h)

Dish Tv India Limited is the primary company behind d2h. The board of Dish Tv India Limited currently have 4 directors; the longest-serving is Manoj Dobhal, appointed in 2024. 47 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Manoj Dobhal
DIN 10536036
Whole-time director14 Jun 20242 yrs 4 moDish Tv India Limited
Arun Kumar Kapoor
DIN 01779523
Additional Director14 Aug 20251 yr 2 moDish Tv India Limited
Bhatt Heena Naishadh
DIN 11049526
Additional Director14 Aug 20251 yr 2 moDish Tv India Limited
Ashok Anant Paranjpe
DIN 07440788
Director13 May 20265 moDish Tv India Limited

IPO & Listings of d2h

d2h is a publicly listed company on the NSE with ticker symbol DISHTV in India, operating in the Entertainment sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • Listed onNSE: DISHTV
  • Listed entityDish Tv India Limited
  • Exchange sectorEntertainment

Financials of d2h

Exchange-reported figures of Dish Tv India Limited, the listed company behind d2h (NSE: DISHTV).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹1,163 Cr
-25.8% YoY
EBITDA
−₹150 Cr
-177.6% YoY
Profit After Tax
−₹627 Cr
-310.4% YoY
Net Worth
−₹4,043 Cr
-24.7% YoY
Total Assets
−₹4,012 Cr
-25.1% YoY
Total Debt
₹30.72 Cr
-11.5% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue1,1631,5681,8572,2622,8023,2493,556
Revenue growth-25.8%-15.6%-17.9%-19.3%-13.8%-8.6%-
EBITDA(150)194351(994)(1,010)1,237190
EBITDA margin-12.9%+12.4%+18.9%-44.0%-36.0%+38.1%+5.4%
Profit before tax(805)(488)(369)(2,088)(2,381)(698)(1,787)
Net profit(627)(153)41.15317865132289
Net profit margin-53.9%-9.7%+2.2%+14.0%+30.9%+4.1%+8.1%
EPS (₹)(4.38)(2.65)(10.68)(9.14)(9.95)(6.40)(8.90)
Balance sheet
Total assets(4,012)(3,207)(2,747)(699)1,2823,4775,642
Net worth(4,043)(3,243)(2,756)(789)9362,6873,850
Total debt30.7234.712.2574.603788121,784
Cash & bank146160171181182155146
Net working capital(5,301)(4,861)(4,635)(4,424)(4,659)(5,071)(5,284)
Cash flow
Cash from operations71.204106766681,1411,5742,204
Cash from investing(51.32)(377)(595)(341)(669)(481)(926)
Cash from financing(28.62)(26.54)(88.43)(328)(494)(1,112)(1,257)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue266243299291329344373396
Revenue growth (YoY)-19.3%-29.3%-19.8%-26.4%-27.7%---
Other income5.6310.805.678.164.756.698.984.97
EBITDA(109)(144)(112)31.8672.84(238)123145
EBITDA margin-40.9%-59.0%-37.3%+10.9%+22.1%-69.3%+32.9%+36.5%
Depreciation116103102104105106107121
Interest67.6068.2768.4069.0164.1264.4571.0566.41
Profit before tax(286)(304)(276)(133)(91.81)(402)(46.54)(37.38)
Tax0.000.000.000.002.720.000.000.00
Net profit(286)(304)(276)(133)(94.53)(402)(46.54)(37.38)
EPS (₹)(1.49)(1.58)(1.44)(0.69)(0.49)(2.09)(0.24)(0.19)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue4665888151,1101,3841,6041,518
Revenue growth-20.8%-27.9%-26.5%-19.8%-13.7%+5.7%-
EBITDA(709)(269)(676)(1,881)(2,168)66.58(1,348)
EBITDA margin-152.2%-45.8%-82.9%-169.5%-156.7%+4.2%-88.8%
Profit before tax(801)(394)(820)(2,184)(2,542)(380)(1,838)
Net profit(210)(197)(1,057)176349278532
Net profit margin-45.1%-33.5%-129.6%+15.9%+25.3%+17.3%+35.1%
EPS (₹)(4.35)(2.14)(7.27)(11.02)(13.16)(3.68)(7.57)
Balance sheet
Total assets(3,694)(2,884)(2,519)(1,175)8593,3704,281
Net worth(3,716)(2,920)(2,526)(1,186)8443,2663,943
Total debt22.2734.712.172.102.0385.04298
Cash & bank11512714214514077.8233.88
Net working capital(5,364)(5,020)(4,682)(4,481)(4,565)(4,851)(5,036)
Cash flow
Cash from operations0.9118.8224.399.89164311279
Cash from investing27.348.04(24.80)(1.40)(79.89)(30.12)(76.65)
Cash from financing(29.79)(24.30)(7.10)(4.82)(89.52)(239)(262)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue73.7071.69118119157111133153
Revenue growth (YoY)-53.1%-35.2%-11.2%-22.4%-17.7%---
Other income53.9357.5250.4151.0846.9447.8845.6143.81
Total expenses131725142153154338154165
EBITDA(56.86)(654)(24.09)(34.46)3.29(227)(21.81)(12.12)
EBITDA margin-77.2%-911.6%-20.5%-29.0%+2.1%-205.1%-16.4%-7.9%
Depreciation8.848.898.889.309.6010.7511.1811.72
Interest63.7564.2566.3467.4663.8964.1664.3565.37
Profit before tax(75.52)(669)(48.90)(60.14)(23.26)(254)(51.73)(45.40)
Tax0.000.000.000.000.000.000.000.00

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue266243299291329344373396
Revenue growth (YoY)-19.3%-29.3%-19.8%-26.4%-27.7%---
Other income5.6310.805.678.164.756.698.984.97
EBITDA(109)(144)(112)31.8672.84(238)123145
EBITDA margin-40.9%-59.0%-37.3%+10.9%+22.1%-69.3%+32.9%+36.5%
Depreciation116103102104105106107121
Interest67.6068.2768.4069.0164.1264.4571.0566.41
Profit before tax(286)(304)(276)(133)(91.81)(402)(46.54)(37.38)
Tax0.000.000.000.002.720.000.000.00
Net profit(286)(304)(276)(133)(94.53)(402)(46.54)(37.38)
EPS (₹)(1.49)(1.58)(1.44)(0.69)(0.49)(2.09)(0.24)(0.19)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue1,1631,5681,8572,2622,8023,2493,556
Revenue growth-25.8%-15.6%-17.9%-19.3%-13.8%-8.6%-
Other income29.3826.3519.2633.2023.9215.6013.61
Total expenses1,3131,3741,5063,2563,8122,0123,366
Employee cost157148150154150153193
EBITDA(150)194351(994)(1,010)1,237190
EBITDA margin-12.9%+12.4%+18.9%-44.0%-36.0%+38.1%+5.4%
Depreciation4144394728491,0711,5321,426
Interest270269267278325418565
Profit before tax(805)(488)(369)(2,088)(2,381)(698)(1,787)
Tax2.720.001,598(405)(514)492(133)
Net profit(627)(153)41.15317865132289
Net profit margin-53.9%-9.7%+2.2%+14.0%+30.9%+4.1%+8.1%
EPS (₹)(4.38)(2.65)(10.68)(9.14)(9.95)(6.40)(8.90)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital184184184184184184184
Reserves & surplus(4,235)(3,435)(2,949)(981)7442,4953,657
Shareholders' funds (net worth)(4,043)(3,243)(2,756)(789)9362,6873,850
Minority interest(0.07)(0.07)(0.07)(0.06)(60.61)(58.96)(52.07)
Secured loans0.000.000.0872.503768101,784
Unsecured loans30.7234.712.172.102.031.970.00
Total debt30.7234.712.2574.603788121,784
Total liabilities(4,012)(3,207)(2,747)(699)1,2823,4775,642
Assets
Gross block13,40522,15421,74815,50616,61116,78418,088
Net block8731,0401,0721,0563,0186,0067,681
Capital work in progress2053523526529629471,148
Investments11.5625.0315.650.000.000.000.00
Inventories22.869.0410.9212.899.5221.1822.01
Sundry debtors64.5179.5365.8392.3380.3693.0586.84
Cash & bank balances146160171181182155146
Loans & advances230401574473455467428
Total current assets464650821760727737684
Total current liabilities5,7655,5105,4565,1845,3865,8085,967
Net working capital(5,301)(4,861)(4,635)(4,424)(4,659)(5,071)(5,284)
Total assets(4,012)(3,207)(2,747)(699)1,2823,4775,642
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash35.9429.7536.8037.3158.3611392.03
Net cash from operating activities71.204106766681,1411,5742,204
Net cash from investing activities(51.32)(377)(595)(341)(669)(481)(926)
Net cash from financing activities(28.62)(26.54)(88.43)(328)(494)(1,112)(1,257)
Net change in cash(8.74)6.19(7.05)(0.51)(21.05)(18.74)20.68
Closing cash146160171181182155146
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-25.8%-15.6%-17.9%-19.3%-13.8%-8.6%-
EBITDA growth-177.6%-44.8%+135.3%+1.5%-181.6%+549.5%-
PBT growth-65.0%-32.3%+82.4%+12.3%-241.4%+61.0%-16.4%
Net income growth-310.5%-471.0%-87.0%-63.4%+555.5%-54.4%-
Revenue CAGR (3Y)-19.9%-17.6%-17.0%-14.0%-23.1%-11.2%+5.7%
EBITDA CAGR (3Y)-46.7%--34.3%---2.0%-41.8%
Profitability & leverage
Net income margin-69.4%-31.1%-105.9%-74.4%-66.6%-36.6%-46.5%
Return on capital employed0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Return on net worth0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Debt / equity0.000.000.003.070.330.400.49
Long-term debt / equity0.000.000.000.530.100.130.19
Interest cover-47.82-109.49-220.90-15.08-15.60-141.95-45.74
Efficiency & per share
Fixed asset turnover0.070.070.100.140.170.190.19
Inventory turnover72.89157.07155.95201.86182.57150.47152.24
Debtors turnover16.1421.5723.4826.2032.3236.1331.27
EPS (₹)(4.38)(2.65)(10.68)(9.14)(9.95)(6.40)(8.90)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)(22.00)(17.66)(15.01)(4.33)5.0414.5520.86
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue73.7071.69118119157111133153
Revenue growth (YoY)-53.1%-35.2%-11.2%-22.4%-17.7%---
Other income53.9357.5250.4151.0846.9447.8845.6143.81
Total expenses131725142153154338154165
EBITDA(56.86)(654)(24.09)(34.46)3.29(227)(21.81)(12.12)
EBITDA margin-77.2%-911.6%-20.5%-29.0%+2.1%-205.1%-16.4%-7.9%
Depreciation8.848.898.889.309.6010.7511.1811.72
Interest63.7564.2566.3467.4663.8964.1664.3565.37
Profit before tax(75.52)(669)(48.90)(60.14)(23.26)(254)(51.73)(45.40)
Tax0.000.000.000.000.000.000.000.00
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue4665888151,1101,3841,6041,518
Revenue growth-20.8%-27.9%-26.5%-19.8%-13.7%+5.7%-
Other income206181156147130140160
Total expenses1,1748571,4912,9903,5521,5372,866
Employee cost72.1367.6672.4374.6969.5069.5481.14
EBITDA(709)(269)(676)(1,881)(2,168)66.58(1,348)
EBITDA margin-152.2%-45.8%-82.9%-169.5%-156.7%+4.2%-88.8%
Depreciation36.6745.3541.80193236285312
Interest262260258257269302338
Profit before tax(801)(394)(820)(2,184)(2,542)(380)(1,838)
Tax0.000.00519(154)(120)297(444)
Net profit(210)(197)(1,057)176349278532
Net profit margin-45.1%-33.5%-129.6%+15.9%+25.3%+17.3%+35.1%
EPS (₹)(4.35)(2.14)(7.27)(11.02)(13.16)(3.68)(7.57)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital184184184184184184184
Reserves & surplus(3,909)(3,112)(2,718)(1,379)6513,0743,750
Shareholders' funds (net worth)(3,716)(2,920)(2,526)(1,186)8443,2663,943
Secured loans0.000.000.000.000.0085.04298
Unsecured loans22.2734.712.172.102.030.000.00
Total debt22.2734.712.172.102.0385.04298
Total liabilities(3,694)(2,884)(2,519)(1,175)8593,3704,281
Assets
Gross block2,0727,6297,5753,6543,6403,6155,957
Net block87.5310493.671259401,8672,778
Capital work in progress0.000.112.101.532.497.594.90
Investments16.675957781,5303,1005,1545,153
Inventories0.000.000.000.000.000.000.00
Sundry debtors64.9872.1053.0078.1769.7168.6665.45
Cash & bank balances11512714214514077.8233.88
Loans & advances51.4461.1712871.0259.5010459.66
Total current assets232261323294270250159
Total current liabilities5,5965,2815,0044,7754,8355,1015,195
Net working capital(5,364)(5,020)(4,682)(4,481)(4,565)(4,851)(5,036)
Total assets(3,694)(2,884)(2,519)(1,175)8593,3704,281
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash5.292.7310.246.5711.516.0265.62
Net cash from operating activities0.9118.8224.399.89164311279
Net cash from investing activities27.348.04(24.80)(1.40)(79.89)(30.12)(76.65)
Net cash from financing activities(29.79)(24.30)(7.10)(4.82)(89.52)(239)(262)
Net change in cash(1.54)2.56(7.51)3.67(4.94)41.10(59.60)
Closing cash11512714214514077.8233.88
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-20.8%-27.9%-26.5%-19.8%-13.7%+5.7%-
EBITDA growth-163.1%+60.2%+64.1%+13.3%-3356.2%+104.9%-
PBT growth-103.3%+51.9%+62.5%+14.1%-568.6%+79.3%-9.1%
Net income growth-6.7%+81.4%-699.8%-49.6%+25.6%-47.7%-
Revenue CAGR (3Y)-25.1%-24.8%-20.2%-9.9%-29.4%-17.6%-7.9%
EBITDA CAGR (3Y)-27.8%-50.1%-+11.7%+20.9%-24.1%-
Profitability & leverage
Net income margin-172.2%-67.1%-164.2%-182.9%-175.1%-42.3%-91.8%
Return on capital employed0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Return on net worth0.0%0.0%0.0%0.0%0.0%0.0%0.0%
Debt / equity0.000.000.000.000.020.050.09
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover-35.14-82.66-35.91-12.38-11.17-138.77-20.38
Efficiency & per share
Fixed asset turnover0.100.080.150.300.380.340.23
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover6.799.3912.4315.0120.0023.9217.32
EPS (₹)(4.35)(2.14)(7.27)(11.02)(13.16)(3.68)(7.57)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)(20.23)(15.90)(13.76)(6.49)4.5417.6921.37

Similar companies to d2h

d2h has 3 listed similar companies in our database, 1 of them funded. They include Tata Play, DishTV and Indusind Media Communications.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
Tata Play
tataplay.com2001Mumbai, India$749.81M1,706
DTH and TV broadcasting services are delivered across India.
DishTV
dishtv.in2003Noida, India335
Satellite broadcasting and direct-to-home TV distribution services are offered.
Indusind Media Communications
indigital.co.in1995Delhi, India9,851
Multi-system operator services for cable TV and internet are provided.
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Web traffic of d2h

The website of d2h (d2h.com) receives about 397.9K visits a month and ranks #112,069 among all websites worldwide, #7,593 in TV Movies and Streaming.

  • Monthly visits
    397.9K

    ▲ 8% vs previous month

  • Unique visitors
    133.7K

    per month

  • Global rank
    #112,069

    among all websites

  • Category rank
    #7,593

    Arts and Entertainment · TV Movies and Streaming

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Top companies in Subscription & Video Commerce

2 companies that operate in the same segment as d2h (Subscription & Video Commerce) in India, ranked by their profile score on The Company Check.

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Trell
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Related news about D2h

Dish TV India reports consolidated net loss of Rs 286.30 crore in the June 2026 quarter | Capital Market News - Business Standard
Business Standard • 2 months ago
REG - Dish TV India Ltd - Outcome of Board Meeting held on August 11, 2026
London Stock Exchange • 2 months ago
Dish TV Q1 Results: Net loss widens to Rs 286 crore on fall in subscription revenue - The Economic Times
Economic Times • 2 months ago
REG - Dish TV India Ltd - 1st Quarter Results
London Stock Exchange • 2 months ago
Dish TV India March-Quarter Consol Net Loss 3.04 Billion Rupees
Reuters • 5 months ago
Dish TV bets big on South India with ₹149 language-first packs - The Economic Times
Economic Times • 5 months ago
Dish TV India Says JC Flowers Withdraws Company Petition Against Dish TV India
Reuters • 6 months ago
REG - Dish TV India Ltd - 3rd Quarter Results
London Stock Exchange • 8 months ago
REG - Dish TV India Ltd - Notice of Results
London Stock Exchange • 8 months ago
REG - Dish TV India Ltd - Outcome of Board Meeting
London Stock Exchange • 11 months ago
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Frequently Asked Questions about d2h

d2h was founded in 2007.

d2h is headquartered in Noida, India. It is registered at Noida, Uttar Pradesh, India.

d2h has 382 employees.

The primary company behind d2h, Dish Tv India Limited, reported revenue of ₹1,192 Cr for FY 2026, down 26% year on year.

d2h, based in Noida, focuses on media and entertainment, broadcasting, satellite services, and tv subscription. Offers subscription-based satellite TV services. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

d2h's top competitors include Tata Play, DishTV and Indusind Media Communications.

Yes, d2h is publicly traded on NSE under the ticker symbol DISHTV.

d2h operates through Dish Tv India Limited.

The legal entities of d2h currently have 6 directors, including Arun Kumar Kapoor, Bhatt Heena Naishadh, Manoj Dobhal and others.

The website of d2h receives about 398 thousand visits a month and ranks #112,069 among all websites worldwide.

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