Name

Dainik Bhaskar Group (दैनिक भास्कर)

Legal name

D. B. Corp Limited

Website

https://dbcorpltd.com

Company type

Public

Founded year

1956

Operating status

Operating

Headcount range

1,001–5,000 employees

Ownership category

akta.pro rank

Headquarters

HQ city

Bhopal

HQ country

India

HQ region

Asia

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Print Advertising: Primary revenue driver from display, classified, and supplement advertising across Dainik Bhaskar, Divya Bhaskar, Divya Marathi, and DNA newspapers. Revenue grew 17% in FY22 with 51% growth in H1FY22.
2. Radio (MY FM): FM radio operations across 17 stations in 7 states generating radio advertising revenue. Grew 21% in FY24 with 34% EBITDA margin. 20% ad rate increase implemented Feb 2022.
3. Digital: Digital platforms including websites, mobile apps, and digital advertising through DB Digital and Bhaskar English Mobile News App
4. Event Marketing: Corporate events including Bhaskar Genius scholarships, India Pride Awards, Bhaskar Woman of Year Awards, and branded experiential campaigns
5. Short Code (54567): SMS-based voting and engagement services including New7Wonders Taj Mahal campaign generating record 60 lakh SMS on single keyword

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels6 records

Core offering

DB Corp Ltd operates India's largest multi-language newspaper group publishing daily newspapers in Hindi (Dainik Bhaskar), Gujarati (Divya Bhaskar), Marathi (Divya Marathi), and English (DNA) across 64 editions in 13 states. The group also operates the MY FM radio network (17 stations across 7 states at 94.3 FM), digital news platforms (Bhaskar English Mobile News App, IMCL internet services), magazines (Aha! Zindagi, Bal Bhaskar, Young Bhaskar, Lakshay), event marketing services (DB Activation), and SMS engagement services (54567 short code). Revenue is generated primarily through advertising sales across these integrated media channels.

Product overview

Dainik Bhaskar Group (DB Corp Ltd) operates a multi-platform media conglomerate consisting primarily of print newspapers across four languages (Hindi, Gujarati, Marathi, and English), supplemented by FM radio (MY FM with 17 stations), digital services (IMCL, mobile apps, short codes), event marketing (DB Activation), and magazine publications. The core offering is the print newspaper portfolio led by Dainik Bhaskar (Hindi) and Divya Bhaskar (Gujarati), with regional variants including Divya Marathi (Marathi) and DNA (English), complemented by Business Bhaskar for financial news. The group also publishes lifestyle magazines (Aha! Zindagi), children's magazines (Bal Bhaskar, Young Bhaskar), and career magazine (Lakshay). Digital expansion includes the Bhaskar English Mobile News App and IMCL's internet/mobile services. The radio business operates under MY FM brand across 17 FM stations. The company has also diversified into solvent extraction, textiles, real estate, entertainment parks, and energy sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Bhaskar Print Planet: State-of-the-art printing infrastructure brand for printing facilities
• Bhaskar Champs Club
• Bhaskar Genius
• MY FM 94.3
• TeenTalkIndia

Products and services

• Dainik Bhaskar (Hindi newspaper) Flagship Hindi-language daily newspaper, the largest Hindi newspaper in India, distributed across multiple states with comprehensive news coverage. The product serves Hindi-speaking mass-market readers across 13 states and is the dominant flagship of DB Corp Ltd's print portfolio.
• Divya Bhaskar (Gujarati newspaper) Leading Gujarati-language daily newspaper of DB Corp Ltd, distributed across Gujarat with 7 editions in Gujarat, making it the only Gujarati newspaper with statewide coverage. Serves Gujarati-speaking readers across the state.
• Divya Marathi (Marathi newspaper) Prominent Marathi-language daily newspaper published across Maharashtra, serving Marathi-speaking readers with regional news coverage. The 4th language addition to DB Corp's newspaper portfolio.
• DNA (English newspaper) English-language daily newspaper from the Dainik Bhaskar Group offering comprehensive news coverage in major metropolitan markets. Serves English-speaking urban readers and advertisers seeking English-language reach.
• Business Bhaskar Hindi-language financial and business newspaper under DB Corp Ltd providing business news, market updates, and financial analysis. Serves Hindi-speaking business readers and advertisers in the financial sector.
• MY FM (FM Radio Network) FM Radio station network operating across 17 cities in 7 states under the MY FM 94.3 brand, providing entertainment, music, and regional content. Revenue grew 21% to ₹162 Cr in FY24 with 34% EBITDA margin.
• Aha! Zindagi (Lifestyle magazine) Monthly family magazine devoted to positivity in life, covering lifestyle, wellness, and inspirational stories. Serves Hindi-speaking family audiences across DB Corp's distribution footprint.
• Bal Bhaskar (Children's magazine) Hindi magazine for children, providing educational and entertaining content for young readers. Serves school-aged Hindi readers and supports Bhaskar Champs Club engagement program.
• Young Bhaskar (Youth magazine) English magazine for young readers, offering content that engages and educates youth audiences. Part of DB Corp's youth-focused content portfolio.
• Lakshay (Career magazine) Career-oriented magazine focused on professional development, career guidance, and grooming. Serves Hindi-speaking career-minded readers and aspirational youth.
• Bhaskar English Mobile News App Mobile news application by DB Corp Ltd providing English-language news content on smartphones and tablets, extending the group's digital news delivery footprint beyond print editions.
• 54567 (SMS Short Code service) SMS short code service for voting, contests, and interactive campaigns. Notable deployment was the New7Wonders Taj Mahal campaign which generated a record 60 lakh SMS on a single keyword, demonstrating the platform's massive mobile engagement scale.
• IMCL (I Media Corp) Digital Services Internet and mobile interactive services subsidiary providing digital media solutions, internet services, and mobile applications. Acts as the digital arm of DB Corp, including digital advertising inventory.
• DB Activation (Event Marketing) Event marketing and activation services division organizing campaigns, activations, and experiential marketing events including Bhaskar Genius scholarships, India Pride Awards, Bhaskar Woman of Year Awards, and branded experiential campaigns.

Quantifiable outcome

• Highest ever revenue of ₹2,482 Cr in FY24, up 14.5% from ₹2,168 Cr in FY23
• +4 more outcomes

Named customers3 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Seven partnerships are on record, tiered minor, major and core.

• Manipal UniversityminorGTM or Marketing Partner · 1 January 2012Presenting sponsor for Bhaskar Genius 2012 scholarship program. Manipal University provided sponsorship support for India's largest scholarship program benefiting 50,000+ students.
• Ernst & Young (E&Y)minorImplementation/ SI/ Consulting Partner · 1 January 2012Process validation partner for Bhaskar Genius 2012 scholarship examination. E&Y audited the entire scholarship selection process ensuring transparency and credibility.
• Bridgestone World Series HockeymajorGTM or Marketing Partner · 1 January 2012Strategic alliance with Bridgestone World Series Hockey league. Dainik Bhaskar signed as Global Partner for Bhopal Badshah team in ₹10 Cr prize money tournament involving 200+ players across 8 teams.
• New7Wonders FoundationmajorGTM or Marketing Partner · 1 January 2007Official Indian partner for New7Wonders Foundation campaign to get Taj Mahal elected among New 7 Wonders of the World. Campaign generated PR worth ₹67 Cr and 60+ lakh SMS on single day.
• SYNERGY MEDIA ENTERTAINMENT LTD. (SMEL)coreStrategic or Co-development Partner · 1 January 2005Subsidiary company holding radio license from Ministry of Information and Broadcasting for launch of radio business through MY FM brand. SMEL holds licenses for 17 FM stations presenting integrated advertising offering to clients across all cities.
• I Media Corp (IMCL)coreStrategic or Co-development PartnerDigital arm of DB Corp providing integrated internet and mobile interactive services. Appointed as official media and marketing partner for New7Wonders Taj Mahal campaign generating 60+ lakh SMS votes.
• Dale CarnegieminorStrategic or Co-development PartnerStrategic partner for launch of Dainik Bhaskar School for Media Training providing professional certification and training programs.

Scale indicators12 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• The Hindu Group: Family-owned English-language newspaper publisher with strong South India footprint. Comparable in newspaper publishing model, premium advertiser base, and digital subscription strategy via TheHindu.com.
• ABP Network Pvt Ltd (Ananda Bazar Patrika Group): Multi-language news publisher with Ananda Bazar Patrika (Bengali), The Telegraph (English), and ABP News TV channel. Comparable in regional newspaper publishing, advertiser base, and integrated digital/TV extensions.
• HT Media Ltd (Hindustan Times Media): Mumbai-listed newspaper and digital media group publishing Hindustan Times (English), Hindustan (Hindi), and Mint (business). Direct competitor for English-language readers and advertisers in North India and digital audiences nationally.
• Jagran Prakashan Ltd (Dainik Jagran): Largest circulated Hindi daily newspaper group in India with multi-edition, multi-state strategy mirroring DB Corp. Directly competes for Hindi advertisers and readers across UP, MP, Bihar, Rajasthan, and Jharkhand — overlapping markets with Dainik Bhaskar.
• Zee Media Corporation Ltd: Multi-language Hindi and regional TV news operator with significant digital news platform. Comparable in regional-language news consumption, advertising base in non-metro India, and integrated TV/digital strategy.
• Entertainment Network India Ltd (Radio Mirchi): Listed FM radio operator (subsidiary of Bennett Coleman Times Group) and India's largest radio network by stations. Direct competitor to MY FM for both listener share and advertising budgets across overlapping cities.
• Express Publications (Madurai) Pvt Ltd (New Indian Express): English-language newspaper group with editions across South and East India, comparable in print circulation economics and English-language advertiser competition.
• Lokmat Media Pvt Ltd: Largest circulated Marathi-language newspaper group. Direct competitor in Maharashtra market where DB Corp's Divya Marathi operates — same language, same reader segment, same advertising pool.

Broad incumbents

• Bennett, Coleman and Co. Ltd (Times Group): India's largest media conglomerate publishing Times of India, Economic Times, and several language editions, plus Times Now, ET Prime, and radio. Largest print advertiser-relationships platform; competes across all four languages DB Corp operates in.
• Network18 Media & Investments Ltd: Large Indian media conglomerate operating TV18 news channels, Firstpost, and Moneycontrol digital properties. Competes with DB Corp in digital news and regional advertising, with a broader multi-language, multi-platform portfolio.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/channel/UCZJgv6wJsBgrrT8vV6hFR0A/videos
• LinkedInlinkedin.com/company/dainik-bhaskar-group-%E0%A4%A6%E0%A5%88%E0%A4%A8%E0%A4%BF%E0%A4%95-%E0%A4%AD%E0%A4%BE%E0%A4%B8%E0%A5%8D%E0%A4%95%E0%A4%B0-

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dainik Bhaskar Group (दैनिक भास्कर)