Data is not available for this company.
No data found
No data found
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
No data to display
Return on Equity has declined versus last 3 years average to %
Sales growth has been subdued in last 3 years %
Sales growth is not so good in last 4 quarters at %
Standalone | Consolidated | |
---|---|---|
TTM EPS (₹) | 0 | - |
TTM Sales (₹ Cr.) | 381 | - |
BVPS (₹.) ⓘ | 0 | - |
Reserves (₹ Cr.) ⓘ | 208 | - |
P/BV ⓘ | 0.00 | - |
PE ⓘ | 0.00 | - |
From the Market | |
---|---|
52 Week Low / High (₹) | - / - |
All Time Low / High (₹) | - / - |
Market Cap (₹ Cr.) | 0 |
Equity (₹ Cr.) | 0 |
Face Value (₹) | 10 |
Industry PE ⓘ | 14.6 |
Lokmat Media Limited was initially incorporated as --Lokmat Newspapers Private Limited-- on June 21, 1973 at Mumbai, Maharashtra. The newspaper publication business was previously conducted by a partnership firm, Lokmat Yeotmal, which had Late Jawaharlal Darda, Veenadevi Darda and Vijay Darda as partners. The newspaper publication business was transferred to the Company from Lokmat Yeotmal with effect from January 1, 1974. The Company became a deemed public company with effect from September 15, 1988 and in September 16, 2010, the name of the Company was changed to Lokmat Media Private Limited to reflect its diversified portfolio and a fresh certificate of incorporation dated September 21, 2010. Thereafter, pursuant to a Board resolution dated October 21, 2010 and shareholders‘ resolution passed at the AGM on November 9, 2010, the Company was converted into a public limited company and consequently its name was changed to Lokmat Media Limited. The company’s registered office is located at 126, Mittal Tower, B‘ Wing, 12th Floor, Nariman Point, Mumbai 400021, Maharashtra.
Lokmat has its origins in the Indian freedom struggle and was founded by a group of Indian freedom fighters, in 1918, in Yavatmal, a town in Maharashtra. In 1952, Lokmat was transferred by this group of Indian freedom fighters to its founder, Late Jawaharlal Darda who was also an Indian freedom fighter. Late Jawaharlal Darda launched Lokmat‘s first daily edition on December 15, 1971 from Nagpur, Maharashtra.
Business profile :
The company is one of the leading print media businesses in India. It publish three newspapers: Lokmat in Marathi, Lokmat Samachar in Hindi and Lokmat Times in English which collectively have 17 editions and 58 sub-editions. Its flagship newspaper Lokmat has been the leading Marathi newspaper in terms of average daily circulation and average daily readership in Maharashtra .In addition to newspapers, its publication business comprises the publication of magazines including G2, The Global Gujarati (.G2.), a bi-monthly lifestyle magazine published in English and targeted at the Gujarati and Parsi communities in India and in certain international locations, and the publication of books. Its publication business also includes the company's event management business. In addition to its publication business, it has other businesses comprising the broadcasting of a Marathi news channel and film production.
The company prints its newspapers at 12 printing facilities in Maharashtra and Goa. Such printing facilities have a collective total installed capacity of approximately 891,000 copies per hour. Over the years, it has extended the circulation of Lokmat to 11 key markets and several towns and villages in Maharashtra and Goa as well as certain locations bordering Maharashtra in Madhya Pradesh, Karnataka and Andhra Pradesh. The company distributes its newspapers through a multi-tiered distribution network consisting of agents, sub-agents, several vendors and hawkers. As of October 31, 2010, we had engaged 8,461 agents.
Certain of its publications have received awards including the 'Best new launch of a local title', Category in 2007 which was awarded to the company in relation to G2 by the Asian Publishing Management. It won the award among 79
Edition :
Direct Subsidiaries of the Company:
Joint Venture:
Top 5 group companies :