About The Sandesh Limited
Data last updated:
The Sandesh Limited is a public limited company based in Ahmedabad, Gujarat, India. It operates in the print media and publishing segment of the media and publishing sector. It was incorporated on 11 March 1943 and has been in existence for over 83 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN L22121GJ1943PLC000183. Its GSTIN is 24AAACT5730D1ZS (Gujarat). The company holds 6 GST registrations, of which 5 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 526725 and NSE: SANDESH.
The company has an authorised share capital of ₹15 Cr and a paid-up capital of ₹7.57 Cr. It is led by directors including Falgunbhai Chimanbhai Patel (Managing Director) and Parthiv Falgunbhai Patel (Managing Director).
Its last annual general meeting (AGM) was held on 25 September 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Sandesh Bhavan Lad Society Road B/H Vastrapur Gam P.O.Bodakdev, Ahmedabad, Gujarat, India – 380054.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹439.7 Cr, a growth of 49.5% compared to the previous year. For the same year it recorded a net profit of ₹67.16 Cr (net margin 15.3%) and EBITDA of ₹83.95 Cr (EBITDA margin 19.1%). The net worth stands at ₹1,427.45 Cr (up 5.5% YoY). Total assets are valued at ₹1,430.2 Cr (up 5.6% YoY).
The company has about 302 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: The Sandesh. As per MCA filings, the company has open charges of ₹59 Cr and satisfied charges of ₹282.8 Cr on record. Court records list 361 cases involving the company, including 282 filed by the company and 79 filed against it; 28 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website sandesh.com.
Company details
Contact details
The Sandesh Limited's registered office is in Ahmedabad, Gujarat. Its website is sandesh.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressSandesh Bhavan Lad Society Road B/H Vastrapur Gam P.O.Bodakdev, Ahmedabad, Gujarat, India – 380054
- IndustryMedia and Publishing, Print Media & Publishing
To see the full contact details of The Sandesh Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
The Sandesh operates one associated brand: The Sandesh. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Gujarati language daily newspaper | sandesh.com |
Business activity
The main business activities of The Sandesh are information and communication and professional, scientific and technical. In detail, this covers publishing of newspapers, books, periodicals, etc. activities and advertising and market research. 2 activity segments are registered with the MCA.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J1 | Publishing of Newspapers, Books, periodicals, etc. activities | |
| M | Professional, Scientific and Technical | M6 | Advertising and market research |
To see the full business activity and turnover split of The Sandesh Limited, buy the company report.
Financials of The Sandesh Limited
FY 2025-26 filings availableThe Sandesh Limited reported revenue of ₹439.7 Cr (up 49.5% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 440 | 294 | 322 | 341 | 309 | 274 | 343 |
| Revenue growth | +49.5% | -8.7% | -5.5% | +10.3% | +12.8% | -20.3% | - |
| EBITDA | 83.95 | 68.43 | 81.76 | 94.94 | 76.42 | 75.88 | 70.59 |
| EBITDA margin | +19.1% | +23.3% | +25.4% | +27.9% | +24.7% | +27.7% | +20.6% |
| Profit before tax | 95.53 | 98.68 | 241 | 134 | 118 | 117 | 76.91 |
| Net profit | 67.16 | 76.54 | 188 | 96.99 | 74.13 | 88.78 | 60.42 |
| Net profit margin | +15.3% | +26.0% | +58.5% | +28.5% | +24.0% | +32.4% | +17.6% |
| EPS (₹) | 86.99 | 101.89 | 249.14 | 133.98 | 118.67 | 118.88 | 80.72 |
| Balance sheet | |||||||
| Total assets | 1,430 | 1,354 | 1,262 | 1,055 | 951 | 889 | 790 |
| Net worth | 1,427 | 1,353 | 1,262 | 1,055 | 951 | 888 | 787 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.10 | 0.10 |
| Cash & bank | 64.12 | 34.51 | 65.00 | 50.00 | 69.81 | 18.82 | 14.79 |
| Net working capital | 342 | 102 | 172 | 141 | 192 | 122 | 218 |
| Cash flow | |||||||
| Cash from operations | (145) | 67.37 | 154 | 83.71 | 22.32 | 48.77 | (89.61) |
| Cash from investing | 148 | (109) | (130) | (106) | 32.66 | (40.48) | 84.94 |
| Cash from financing | (2.07) | (2.10) | (4.04) | (4.03) | (3.98) | (4.25) | (4.86) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 458 | 211 | 77.09 | 77.84 | 73.33 | 75.68 | 79.33 | 70.52 |
| Revenue growth (YoY) | +524.8% | +178.8% | -2.8% | +10.4% | +6.8% | - | - | - |
| Other income | 92.22 | 5.55 | 32.57 | 4.26 | 54.93 | 3.75 | 2.65 | 47.52 |
| EBITDA | 19.40 | (34.93) | 17.44 | 4.76 | 18.14 | 11.92 | (41.28) | 15.73 |
| EBITDA margin | +4.2% | -16.6% | +22.6% | +6.1% | +24.7% | +15.8% | -52.0% | +22.3% |
| Depreciation | 1.54 | 1.81 | 1.84 | 1.79 | 1.57 | 2.23 | 1.59 | 1.79 |
| Interest | 0.04 | 0.04 | 0.07 | 0.03 | 0.03 | 0.02 | 0.10 | 0.04 |
| Profit before tax | 110 | (31.23) | 48.10 | 7.20 | 71.47 | 13.42 | (40.32) | 61.42 |
| Tax | 10.55 | 3.30 | 9.63 | 3.33 | 13.42 | 4.17 | (19.53) | 23.24 |
| Net profit | 99.49 | (34.53) | 38.47 | 3.87 | 58.05 | 9.25 | (20.79) | 38.18 |
| EPS (₹) | 131.43 | (45.63) | 50.84 | 5.10 | 76.68 | 12.21 | (27.47) | 50.45 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 438 | 292 | 320 | 339 | 307 | 272 | 341 |
| Revenue growth | +49.8% | -8.7% | -5.6% | +10.5% | +12.9% | -20.3% | - |
| EBITDA | 85.66 | 68.88 | 81.98 | 95.57 | 76.32 | 75.17 | 69.70 |
| EBITDA margin | +19.6% | +23.6% | +25.6% | +28.2% | +24.9% | +27.7% | +20.4% |
| Profit before tax | 97.19 | 98.99 | 241 | 134 | 118 | 116 | 73.87 |
| Net profit | 68.73 | 76.88 | 188 | 97.58 | 73.87 | 88.10 | 57.70 |
| Net profit margin | +15.7% | +26.3% | +58.9% | +28.8% | +24.1% | +32.4% | +16.9% |
| EPS (₹) | 89.05 | 102.33 | 249.28 | 134.78 | 118.32 | 117.98 | 77.10 |
| Balance sheet | |||||||
| Total assets | 1,428 | 1,350 | 1,258 | 1,051 | 946 | 884 | 781 |
| Net worth | 1,426 | 1,350 | 1,258 | 1,051 | 946 | 884 | 777 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.10 | 0.10 |
| Cash & bank | 63.96 | 34.43 | 64.87 | 49.86 | 69.75 | 18.73 | 14.65 |
| Net working capital | 342 | 102 | 171 | 141 | 196 | 122 | 217 |
| Cash flow | |||||||
| Cash from operations | (144) | 67.69 | 154 | 84.12 | 22.32 | 48.44 | (90.48) |
| Cash from investing | 147 | (109) | (131) | (106) | 32.69 | (40.10) | 85.70 |
| Cash from financing | (2.07) | (2.10) | (4.04) | (4.03) | (3.98) | (4.25) | (4.86) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 458 | 210 | 76.66 | 77.40 | 72.90 | 75.36 | 78.82 | 69.95 |
| Revenue growth (YoY) | +528.0% | +179.2% | -2.7% | +10.7% | +6.9% | - | - | - |
| Other income | 92.19 | 5.52 | 32.55 | 4.23 | 54.86 | 3.68 | 2.60 | 47.45 |
| Total expenses | 438 | 245 | 58.60 | 72.20 | 54.42 | 62.86 | 120 | 54.29 |
| EBITDA | 19.75 | (34.61) | 18.06 | 5.20 | 18.48 | 12.50 | (41.36) | 15.66 |
| EBITDA margin | +4.3% | -16.4% | +23.6% | +6.7% | +25.3% | +16.6% | -52.5% | +22.4% |
| Depreciation | 1.53 | 1.79 | 1.81 | 1.77 | 1.56 | 2.20 | 1.60 | 1.75 |
| Interest | 0.04 | 0.04 | 0.07 | 0.03 | 0.03 | 0.02 | 0.10 | 0.04 |
| Profit before tax | 110 | (30.92) | 48.73 | 7.63 | 71.75 | 13.96 | (40.46) | 61.32 |
| Tax | 10.55 | 3.35 | 9.67 | 3.34 | 13.41 | 4.17 | (19.55) | 23.23 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 458 | 211 | 77.09 | 77.84 | 73.33 | 75.68 | 79.33 | 70.52 |
| Revenue growth (YoY) | +524.8% | +178.8% | -2.8% | +10.4% | +6.8% | - | - | - |
| Other income | 92.22 | 5.55 | 32.57 | 4.26 | 54.93 | 3.75 | 2.65 | 47.52 |
| EBITDA | 19.40 | (34.93) | 17.44 | 4.76 | 18.14 | 11.92 | (41.28) | 15.73 |
| EBITDA margin | +4.2% | -16.6% | +22.6% | +6.1% | +24.7% | +15.8% | -52.0% | +22.3% |
| Depreciation | 1.54 | 1.81 | 1.84 | 1.79 | 1.57 | 2.23 | 1.59 | 1.79 |
| Interest | 0.04 | 0.04 | 0.07 | 0.03 | 0.03 | 0.02 | 0.10 | 0.04 |
| Profit before tax | 110 | (31.23) | 48.10 | 7.20 | 71.47 | 13.42 | (40.32) | 61.42 |
| Tax | 10.55 | 3.30 | 9.63 | 3.33 | 13.42 | 4.17 | (19.53) | 23.24 |
| Net profit | 99.49 | (34.53) | 38.47 | 3.87 | 58.05 | 9.25 | (20.79) | 38.18 |
| EPS (₹) | 131.43 | (45.63) | 50.84 | 5.10 | 76.68 | 12.21 | (27.47) | 50.45 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 440 | 294 | 322 | 341 | 309 | 274 | 343 |
| Revenue growth | +49.5% | -8.7% | -5.5% | +10.3% | +12.8% | -20.3% | - |
| Other income | 18.76 | 37.77 | 166 | 44.63 | 48.34 | 48.74 | 14.60 |
| Total expenses | 356 | 226 | 240 | 246 | 232 | 198 | 273 |
| Employee cost | 39.73 | 35.91 | 37.00 | 36.50 | 34.60 | 28.73 | 33.26 |
| EBITDA | 83.95 | 68.43 | 81.76 | 94.94 | 76.42 | 75.88 | 70.59 |
| EBITDA margin | +19.1% | +23.3% | +25.4% | +27.9% | +24.7% | +27.7% | +20.6% |
| Depreciation | 7.01 | 7.32 | 6.63 | 5.88 | 6.43 | 6.94 | 7.86 |
| Interest | 0.17 | 0.20 | 0.26 | 0.15 | 0.20 | 0.46 | 0.42 |
| Profit before tax | 95.53 | 98.68 | 241 | 134 | 118 | 117 | 76.91 |
| Tax | 29.68 | 21.56 | 52.20 | 32.12 | 28.33 | 27.25 | 15.83 |
| Net profit | 67.16 | 76.54 | 188 | 96.99 | 74.13 | 88.78 | 60.42 |
| Net profit margin | +15.3% | +26.0% | +58.5% | +28.5% | +24.0% | +32.4% | +17.6% |
| EPS (₹) | 86.99 | 101.89 | 249.14 | 133.98 | 118.67 | 118.88 | 80.72 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 7.57 | 7.57 | 7.57 | 7.57 | 7.57 | 7.57 | 7.57 |
| Reserves & surplus | 1,420 | 1,346 | 1,254 | 1,047 | 943 | 881 | 779 |
| Shareholders' funds (net worth) | 1,427 | 1,353 | 1,262 | 1,055 | 951 | 888 | 787 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.10 | 0.10 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.10 | 0.10 |
| Total liabilities | 1,430 | 1,354 | 1,262 | 1,055 | 951 | 889 | 790 |
| Assets | |||||||
| Gross block | 161 | 158 | 155 | 151 | 149 | 152 | 157 |
| Net block | 105 | 106 | 110 | 112 | 111 | 120 | 128 |
| Capital work in progress | 0.00 | 0.37 | 1.04 | 0.00 | 0.13 | 0.06 | 0.33 |
| Investments | 1,003 | 1,136 | 977 | 666 | 512 | 512 | 428 |
| Inventories | 254 | 28.65 | 18.54 | 17.68 | 42.56 | 31.77 | 23.29 |
| Sundry debtors | 43.80 | 46.22 | 48.10 | 40.42 | 42.25 | 51.17 | 67.90 |
| Cash & bank balances | 64.12 | 34.51 | 65.00 | 50.00 | 69.81 | 18.82 | 14.79 |
| Loans & advances | 43.13 | 43.60 | 90.99 | 87.66 | 97.33 | 89.54 | 161 |
| Total current assets | 405 | 153 | 223 | 196 | 252 | 191 | 267 |
| Total current liabilities | 62.98 | 50.54 | 50.77 | 54.32 | 59.89 | 69.21 | 49.42 |
| Net working capital | 342 | 102 | 172 | 141 | 192 | 122 | 218 |
| Total assets | 1,430 | 1,354 | 1,262 | 1,055 | 951 | 889 | 790 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 20.20 | 63.43 | 43.72 | 69.63 | 18.64 | 14.59 | 24.12 |
| Net cash from operating activities | (145) | 67.37 | 154 | 83.71 | 22.32 | 48.77 | (89.61) |
| Net cash from investing activities | 148 | (109) | (130) | (106) | 32.66 | (40.48) | 84.94 |
| Net cash from financing activities | (2.07) | (2.10) | (4.04) | (4.03) | (3.98) | (4.25) | (4.86) |
| Net change in cash | 0.67 | (43.23) | 19.71 | (25.91) | 51.00 | 4.05 | (9.53) |
| Closing cash | 64.12 | 34.51 | 65.00 | 50.00 | 69.81 | 18.82 | 14.79 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +49.5% | -8.7% | -5.5% | +10.3% | +12.8% | -20.3% | - |
| EBITDA growth | +22.7% | -16.3% | -13.9% | +24.2% | +0.7% | +7.5% | - |
| PBT growth | -3.2% | -59.0% | +80.3% | +13.0% | +0.8% | +52.4% | -22.5% |
| Net income growth | -12.3% | -59.4% | +94.3% | +30.8% | -16.5% | +46.9% | - |
| Revenue CAGR (3Y) | +8.9% | -1.6% | +5.6% | -0.2% | -9.7% | -9.1% | -2.9% |
| EBITDA CAGR (3Y) | -4.0% | -3.6% | +2.5% | +10.4% | -4.5% | -13.0% | -18.1% |
| Profitability & leverage | |||||||
| Net income margin | +15.0% | +26.2% | +58.6% | +29.8% | +29.1% | +32.9% | +17.8% |
| Return on capital employed | +6.9% | +7.6% | +20.8% | +13.3% | +10.6% | +14.0% | +10.2% |
| Return on net worth | +4.7% | +5.9% | +16.3% | +10.1% | +8.1% | +10.7% | +8.1% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.22 | 0.33 | 0.35 | 0.17 | 0.29 | 0.67 | 0.67 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.76 | 1.88 | 2.11 | 2.28 | 2.05 | 1.77 | 2.20 |
| Inventory turnover | 3.11 | 12.47 | 17.79 | 11.31 | 8.31 | 9.94 | 14.32 |
| Debtors turnover | 9.77 | 6.24 | 7.28 | 8.24 | 6.61 | 4.60 | 4.84 |
| EPS (₹) | 86.99 | 101.89 | 249.14 | 133.98 | 118.67 | 118.88 | 80.72 |
| Dividend per share (₹) | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Book value per share (₹) | 1,885.82 | 1,787.59 | 1,667.03 | 1,393.79 | 1,256.04 | 1,173.81 | 1,039.69 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 458 | 210 | 76.66 | 77.40 | 72.90 | 75.36 | 78.82 | 69.95 |
| Revenue growth (YoY) | +528.0% | +179.2% | -2.7% | +10.7% | +6.9% | - | - | - |
| Other income | 92.19 | 5.52 | 32.55 | 4.23 | 54.86 | 3.68 | 2.60 | 47.45 |
| Total expenses | 438 | 245 | 58.60 | 72.20 | 54.42 | 62.86 | 120 | 54.29 |
| EBITDA | 19.75 | (34.61) | 18.06 | 5.20 | 18.48 | 12.50 | (41.36) | 15.66 |
| EBITDA margin | +4.3% | -16.4% | +23.6% | +6.7% | +25.3% | +16.6% | -52.5% | +22.4% |
| Depreciation | 1.53 | 1.79 | 1.81 | 1.77 | 1.56 | 2.20 | 1.60 | 1.75 |
| Interest | 0.04 | 0.04 | 0.07 | 0.03 | 0.03 | 0.02 | 0.10 | 0.04 |
| Profit before tax | 110 | (30.92) | 48.73 | 7.63 | 71.75 | 13.96 | (40.46) | 61.32 |
| Tax | 10.55 | 3.35 | 9.67 | 3.34 | 13.41 | 4.17 | (19.55) | 23.23 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 438 | 292 | 320 | 339 | 307 | 272 | 341 |
| Revenue growth | +49.8% | -8.7% | -5.6% | +10.5% | +12.9% | -20.3% | - |
| Other income | 18.63 | 37.53 | 166 | 44.42 | 48.07 | 48.55 | 12.45 |
| Total expenses | 352 | 223 | 238 | 244 | 231 | 197 | 271 |
| Employee cost | 37.59 | 34.52 | 35.48 | 34.99 | 33.51 | 28.09 | 32.64 |
| EBITDA | 85.66 | 68.88 | 81.98 | 95.57 | 76.32 | 75.17 | 69.70 |
| EBITDA margin | +19.6% | +23.6% | +25.6% | +28.2% | +24.9% | +27.7% | +20.4% |
| Depreciation | 6.93 | 7.22 | 6.50 | 5.72 | 6.38 | 6.94 | 7.86 |
| Interest | 0.17 | 0.20 | 0.26 | 0.15 | 0.20 | 0.46 | 0.42 |
| Profit before tax | 97.19 | 98.99 | 241 | 134 | 118 | 116 | 73.87 |
| Tax | 29.78 | 21.53 | 52.19 | 32.10 | 28.27 | 27.03 | 15.52 |
| Net profit | 68.73 | 76.88 | 188 | 97.58 | 73.87 | 88.10 | 57.70 |
| Net profit margin | +15.7% | +26.3% | +58.9% | +28.8% | +24.1% | +32.4% | +16.9% |
| EPS (₹) | 89.05 | 102.33 | 249.28 | 134.78 | 118.32 | 117.98 | 77.10 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 7.57 | 7.57 | 7.57 | 7.57 | 7.57 | 7.57 | 7.57 |
| Reserves & surplus | 1,418 | 1,342 | 1,250 | 1,044 | 939 | 877 | 770 |
| Shareholders' funds (net worth) | 1,426 | 1,350 | 1,258 | 1,051 | 946 | 884 | 777 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.10 | 0.10 |
| Total debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.10 | 0.10 | 0.10 |
| Total liabilities | 1,428 | 1,350 | 1,258 | 1,051 | 946 | 884 | 781 |
| Assets | |||||||
| Gross block | 161 | 157 | 155 | 150 | 149 | 152 | 157 |
| Net block | 105 | 106 | 110 | 111 | 110 | 120 | 128 |
| Capital work in progress | 0.00 | 0.37 | 1.04 | 0.00 | 0.00 | 0.06 | 0.33 |
| Investments | 1,002 | 1,133 | 974 | 662 | 508 | 508 | 419 |
| Inventories | 254 | 28.65 | 18.54 | 17.68 | 42.56 | 31.77 | 23.29 |
| Sundry debtors | 43.31 | 45.63 | 47.39 | 40.18 | 42.30 | 50.80 | 67.65 |
| Cash & bank balances | 63.96 | 34.43 | 64.87 | 49.86 | 69.75 | 18.73 | 14.65 |
| Loans & advances | 42.98 | 43.54 | 90.90 | 87.55 | 101 | 89.55 | 161 |
| Total current assets | 405 | 152 | 222 | 195 | 255 | 191 | 267 |
| Total current liabilities | 62.68 | 50.36 | 50.59 | 54.20 | 59.78 | 69.08 | 49.30 |
| Net working capital | 342 | 102 | 171 | 141 | 196 | 122 | 217 |
| Total assets | 1,428 | 1,350 | 1,258 | 1,051 | 946 | 884 | 781 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 20.12 | 63.30 | 43.58 | 69.56 | 18.55 | 14.45 | 24.10 |
| Net cash from operating activities | (144) | 67.69 | 154 | 84.12 | 22.32 | 48.44 | (90.48) |
| Net cash from investing activities | 147 | (109) | (131) | (106) | 32.69 | (40.10) | 85.70 |
| Net cash from financing activities | (2.07) | (2.10) | (4.04) | (4.03) | (3.98) | (4.25) | (4.86) |
| Net change in cash | 0.59 | (43.19) | 19.72 | (25.98) | 51.02 | 4.09 | (9.64) |
| Closing cash | 63.96 | 34.43 | 64.87 | 49.86 | 69.75 | 18.73 | 14.65 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +49.8% | -8.7% | -5.6% | +10.5% | +12.9% | -20.3% | - |
| EBITDA growth | +24.4% | -16.0% | -14.2% | +25.2% | +1.5% | +7.9% | - |
| PBT growth | -1.8% | -58.9% | +79.6% | +13.8% | +1.3% | +57.5% | -24.1% |
| Net income growth | -10.6% | -59.2% | +93.2% | +32.1% | -16.2% | +52.7% | - |
| Revenue CAGR (3Y) | +8.9% | -1.6% | +5.6% | -0.2% | -9.7% | -10.2% | -1.2% |
| EBITDA CAGR (3Y) | -3.6% | -3.4% | +2.9% | +11.1% | -4.2% | -13.8% | -13.0% |
| Profitability & leverage | |||||||
| Net income margin | +15.4% | +26.5% | +58.9% | +30.1% | +29.2% | +32.9% | +17.1% |
| Return on capital employed | +7.0% | +7.6% | +20.9% | +13.4% | +10.6% | +14.0% | +9.9% |
| Return on net worth | +4.9% | +5.9% | +16.3% | +10.2% | +8.1% | +10.8% | +7.8% |
| Debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Long-term debt / equity | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest cover | 0.22 | 0.32 | 0.34 | 0.17 | 0.29 | 0.67 | 0.68 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.76 | 1.87 | 2.10 | 2.27 | 2.04 | 1.76 | 2.19 |
| Inventory turnover | 3.09 | 12.39 | 17.68 | 11.26 | 8.26 | 9.87 | 14.23 |
| Debtors turnover | 9.85 | 6.29 | 7.31 | 8.27 | 6.59 | 4.59 | 4.83 |
| EPS (₹) | 89.05 | 102.33 | 249.28 | 134.78 | 118.32 | 117.98 | 77.10 |
| Dividend per share (₹) | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 |
| Book value per share (₹) | 1,883.33 | 1,783.04 | 1,662.04 | 1,388.66 | 1,250.13 | 1,168.27 | 1,026.89 |
To see the full year-wise statements and ratios of The Sandesh Limited, buy the company report.
Board of directors of The Sandesh Limited
The Sandesh has 8 current directors and 10 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Falgunbhai Chimanbhai Patel | Managing Director | 27 Nov 1974 | 51 Years 10 Months | Current |
| Parthiv Falgunbhai Patel | Managing Director | 14 Mar 2002 | 24 Years 7 Months | Current |
| Gauri Trivedi Also directs: Gujarat Ambuja Exports Limited, Adani Total Gas Limited, Nikhil Adhesives Limited and 3 more | Director | 15 Sep 2020 | 6 Years 1 Months | Current |
| Pannaben Falgunbhai Patel | Director | 29 Oct 2010 | 15 Years 11 Months | Current |
| Rahoul Rajivkumar Shah Also directs: Corona Trading and Exports Private Limited | Whole-Time Director | 13 Feb 2025 | 1 Years 8 Months | Current |
| Sudhin Bhagwandas Choksey Also directs: Gujarat Ambuja Exports Limited, Fairchem Organics Limited, CSB Bank Limited and 4 more | Director | 01 Apr 2024 | 2 Years 6 Months | Current |
Peer comparison
The Sandesh Limited is compared with the 8 companies closest to it by revenue in the Media and Publishing industry (Print Media), with the same principal business activity (publishing of newspapers, books, periodicals, etc. activities), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Lokmat Media Private Limited | ₹760.22 Cr (FY 2025) | 1.0% | Mumbai, Maharashtra, India | |||
| The Mathru Bhumi Printing and Publishing Company Limited | ₹596 Cr (FY 2025) | -5.0% | Kozhikode, Kerala, India | |||
| The Indian Express Private Limited | ₹527.94 Cr (FY 2025) | 2.0% | Mumbai, Maharashtra, India | |||
| The Sandesh Limitedthis company | ₹439.7 Cr (FY 2026) | ₹67.16 Cr | 15.3% | 49.5% | 302 | Ahmedabad, Gujarat, India |
| Jagati Publications Limited | ₹431.98 Cr (FY 2025) | -38.0% | Hyderabad, Telangana, India | |||
| Metropolitan Media Company Limited | ₹319.79 Cr (FY 2025) | 1.0% | Bangalore, Karnataka, India | |||
| The Hind Samachar Ltd | ₹317.14 Cr (FY 2025) | -8.0% | Jalandhar, Punjab, India | |||
| Express Publications (Madurai) Private Limited | ₹255.27 Cr (FY 2025) | -10.0% | Chennai, Tamil Nadu, India | |||
| The Printers (Mysore) Private Limited | ₹244.75 Cr (FY 2025) | 2.0% | Karnataka, India |
To see the full peer comparison of The Sandesh Limited, buy the company report.
Auditor
The Sandesh Limited is audited by S G D G & Associates LLP for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| S G D G & Associates LLP | FY 2023 | W100188 |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 74.80%, foreign institutional investors hold 0.10%, domestic institutional investors hold 0.00% and retail and other public shareholders hold 25.10%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 74.80% | 74.80% | 74.80% | 74.80% |
| Public | 25.20% | 25.20% | 25.20% | 25.20% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 08 Jan 2026 | 101222824 | Axis Bank Limited | ₹10.5 Cr | Open | |
| 08 Jan 2026 | 101226457 | Hdfc Bank Limited | ₹48.5 Cr | Open | |
| 21 Feb 2022 | 100545789 | Axis Bank Limited | ₹49.8 Cr | Satisfied | |
| 11 May 2016 | 100040746 | Hdfc Bank Limited | ₹25 Cr | Satisfied | |
| 17 Aug 2011 | 10310660 | Yes Bank Limited | ₹95 Cr | Satisfied |
To see the full charge records of The Sandesh Limited, buy the company report.
Total charge records: 9 View all charges
Legal cases
The Sandesh Limited has 361 court cases on record: 282 filed by The Sandesh, 79 filed against it. 28 cases are pending and 333 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 346 | 73 | 28 |
| High courts | 14 | 6 | 0 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 361)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, HASSAN, Karnataka | Court case (Com.EX.) | Filed against the company by M/S Shri Ram Finance Ltd., Rep. by Gpa Holder Keshava Murthy S. L. | Pending |
| District court, Karnal, Haryana | Cheque dishonour complaint | Filed against the company by Creditwise Capital Pvt Ltd | Pending |
| District court, UDUPI, Karnataka | Criminal complaint | Filed against the company by Shriram Finance Limited Kundapur Branch | Pending |
| District court, BENGALURU, Karnataka | Criminal complaint | Filed against the company by M/S Idfc First Bank Ltd | Pending |
| District court, UDUPI, Karnataka | Criminal complaint | Filed against the company by Shriram Finance Limited Kundapur Branch | Disposed |
To see the full case history of The Sandesh Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
The Sandesh Limited was last rated by Care on 06 Sep 2022.
| Rating agency | Rated on | Rating |
|---|---|---|
| Care | 06 Sep 2022 |
To see the full credit ratings and regulatory alerts of The Sandesh Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for The Sandesh Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
The Sandesh has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Sandesh Digital Private Limited | U22100GJ2015PTC083461 |
To see the full group structure of The Sandesh Limited, buy the company report.
Employees & EPFO
The Sandesh Limited has a workforce of 302 employees on its EPFO records as of Mar 23, 2024, across 4 active EPFO establishments.
GST
The Sandesh has 6 GST registrations: 5 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAACT5730D1ZS | Gujarat | Active | 01 Jul 2017 |
| 27AAACT5730D1ZM | Maharashtra | Active | 01 Jul 2017 |
| 29AAACT5730D1ZI | Karnataka | Active | 01 May 2019 |
| 33AAACT5730D1ZT | Tamil Nadu | Active | 14 May 2019 |
To see the full GST registrations and return filing status of The Sandesh Limited, buy the company report.
Recent activity
The Sandesh Limited has 23 board changes on record since 1974: 16 appointments and 7 cessations. The latest: Rahoul Rajivkumar Shah was appointed as Whole-Time Director on 13 Feb 2025.
33 earlier events are in the company report.
News
Frequently asked questions
The Sandesh is an active public limited company based in Ahmedabad, Gujarat, India. The company works in print media and publishing, within the media and publishing industry. It was incorporated on 11 March 1943 (83+ years old) and is registered under CIN L22121GJ1943PLC000183. Listed on BSE: 526725 and NSE: SANDESH.
The Sandesh reported revenue of ₹439.7 Cr for FY 2025-26 (up 49.5% YoY) based on consolidated financials.
The Sandesh has 8 current directors:
- Falgunbhai Chimanbhai Patel - Managing Director
- Parthiv Falgunbhai Patel - Managing Director
- Rahoul Rajivkumar Shah - Whole-Time Director
- Gauri Trivedi - Director
- Pannaben Falgunbhai Patel - Director
- Sudhin Bhagwandas Choksey - Director
- Bijal Hemant Chhatrapati - Director
- Keyur Dhanvantlal Gandhi - Director
The latest financial statements of The Sandesh on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 25 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of The Sandesh is 24AAACT5730D1ZS, registered in Gujarat. The company has 6 GST registrations in all, of which 5 are active and 1 is cancelled or inactive. Other active GSTINs include 27AAACT5730D1ZM (Maharashtra), 29AAACT5730D1ZI (Karnataka), 33AAACT5730D1ZT (Tamil Nadu).
The CIN (Corporate Identification Number) of The Sandesh is L22121GJ1943PLC000183. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. The Sandesh is a listed company as per MCA records. Its shares are listed on both BSE (code: 526725) and NSE (symbol: SANDESH).
The Sandesh has 361 court cases on record: 282 filed by the company and 79 filed against it. 28 are pending. Most are in the district courts.
The Sandesh was incorporated on 11 March 1943, making it 83+ years old. It is registered with the Registrar of Companies, Ahmedabad.
The peers of The Sandesh by revenue are Lokmat Media Private Limited, The Mathru Bhumi Printing and Publishing Company Limited, The Indian Express Private Limited, Jagati Publications Limited, Metropolitan Media Company Limited and 3 more, all in the Media and Publishing industry (Print Media), with the same principal business activity (publishing of newspapers, books, periodicals, etc. activities).
Rahoul Rajivkumar Shah was appointed as Whole-Time Director on 13 Feb 2025. Bijal Hemant Chhatrapati was appointed as Director on 01 Apr 2024. Keyur Dhanvantlal Gandhi was appointed as Director on 01 Apr 2024. The Sandesh has 23 board changes on record in total.