Hindustan Media Ventures Ltd

Hindustan Media Ventures Ltd (HMVL)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return4.32 %
3 Month Return-13.89 %
1 Year Return-32.49 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 92
Rank 184
Rank 70
Dividend Yield
Rank 185
Rank 362
Price To Book Ratio
Rank 21
Debt To Asset
Rank 452

Company Information

Hindustan Media Ventures Ltd is one of the leading print media companies in India in terms of Readership. The company publishes and prints Hindustan the third largest daily newspaper in India in terms of Readership with a Readership of 9.9 million readers. Hindustan has the largest Readership in key Hindispeaking markets of Bihar and Jharkhand with a strong and growing presence in Delhi NCR and the states of Uttar Pradesh and Uttarakhand. Hindustan was one of the fastest growing Hindi daily newspapers in India.Hindustan is published in four editions and 113 subeditions. Hindustan is presently printed at 17 locations in the states/regions of Uttar Pradesh Bihar Jharkhand Uttarakhand Punjab and Delhi NCR with a total installed rated capacity approximately 0.78 million copies per hour. These printing facilities are located at Agra Allahabad Bareilly Bhagalpur Dehradun Delhi NCR Dhanbad Jamshedpur Kanpur Lucknow Meerut Mohali Muzaffarpur Patna Ranchi Danapur and Varanasi. They distribute their newspapers through a multitiered network of agents and vendors.The company also publish two Hindi magazines Nandan a childrens magazine and Kadambini a general interest magazine. In addition to their Hindi print publications they also operate the website www.livehindustan.com which focuses on providing news in Hindi with regional content. Further they have also forayed into event management and customized event solutions.In addition to their newspaper the company also provides supplements in some of their markets to address the specific needs and regional tastes of their readers while offering advertisers a focused reach to a target audience. Their supplements generally provide specialized content relating to education and entertainment among others and cater to a specific target group such as women or children. Hindustan Media Ventures Ltd was incorporated on July 9 1918 as a public limited company with the name The Behar Journals Ltd. In the year 1919 the company commenced their printing press at Patna. Also they commenced printing and publishing of English newspaper Searchlight. In the year 1947 the company commenced printing and publication of Hindi daily Pradeep at Patna. In the year 1986 the company commenced printing of Hindi daily Hindustan and the English daily Hindustan Times on behalf of The Hindustan Times Ltd at Patna. Also they terminated the printing and publication of the Hindi daily Pradeep and the English daily Searchlight.In November 17 1987 the name of the company was changed from The Behar Journals Ltd to Searchlight Publishing House Ltd in order to capitalize on the name earned by their publication Searchlight which had become synonymous with the companys activities for over 67 years.In the year 2000 the company commenced printing of Hindi daily Hindustan and English daily Hindustan Times from Ranchi location in terms of a printing agreement with the holding company and publisher of the said publications The Hindustan Times Ltd.The media business comprising of the entire printing and publishing undertakings of HTL except the printing business at New Delhi was transferred to HT Media Ltd with effect from July 1 2003. Due to this transfer the company became a subsidiary of HT Media Ltd with effect from July 1 2003.In November 2008 the name of the company was changed from Searchlight Publishing House Ltd to Hindustan Media Ventures Ltd to reflect the expanded business activities intended to be undertaken by the company.In the year 2009 the company acquired Hindi business from HT Media Ltd comprising of Hindi daily newspaper Hindustan including Ravivasriya Hindustan magazines Nandan and Kadambini and internet portals of the said publications with effect from December 1 2009.
OrganisationHindustan Media Ventures Ltd
IndustryMedia - Print/Television/Radio