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Crystal Business System

540821 BSE
₹1.79

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P/E
Not meaningful: loss-making over the last twelve months
View as Markdown
MCP
Close 4 Nov 2026 ₹1.79 −0.36 −16.7% 1Y
Start ₹2.15

Key Fundamentals

MicrocapEntertainmentMedia Entertainment & Publication

Price-based figures at the close · EPS basis: Standalone · TTM

ROCE
2.54%
Debt to Equity
0.19
EPS (TTM)
−₹0.01
Book Value
₹1.51
Market Cap
—
P/E (TTM)
Not meaningful: loss-making over the last twelve months
P/B
1.19
ROE
0.79%
Dividend Yield
0.00%
EBITDA
₹80.00 L
52W High
₹3.47
52W Low
₹1.33

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

43 Weak

Data confidence 93/100

Category scores

Quality
49
Average
Returns, margins, earnings quality 22% weight
Valuation
41
Weak
Cheap vs sector & own history 24% weight
Growth
5
Poor
Sales & profit trajectory 9% weight
Financial Health
50
Average
Solvency, leverage, coverage 9% weight
Momentum
30
Poor
Trend strength, vol-adjusted 12% weight
Ownership
50
Average
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

1
  • Company has reduced debt.

Weaknesses

7
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -17.3% over past five years.
  • Promoter holding is low: 25.5%
  • Company has a low return on equity of 3.16% over last 3 years.
  • Company has high debtors of 373 days.
  • Working capital days have increased from 175 days to 312 days

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallStrong Bearish1270
OscillatorsBearish270
Moving AveragesStrong Bearish1000

Key readings

RSI (14)
36.04
Neutral
MACD (12,26,9)
−0.04
Bearish
SMA (50)
1.94
Bearish
SMA (200)
1.97
Bearish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y−9.76%
5Y−17.33%
3Y−22.90%
1Y−49.30%
TTM−49.47%

Net profit

Net profit growth by window
10Y−11.12%
5YTurned to profit
3YTurned to profit
1Y−86.81%
TTMTurned to loss

Operating cash flow

Operating cash flow growth by window
10Y−17.70%
5Y−26.82%
3Y−42.80%
1YTurned positive
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y+2.16 pp
5Y+3.01 pp
3Y+5.21 pp
1Y−4.91 pp
TTM−2.77 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹36.13 Cr
Mar 2018₹55.23 Cr
Mar 2019₹55.41 Cr
Mar 2020₹34.53 Cr
Mar 2021₹22.48 Cr
Mar 2022₹23.89 Cr
Mar 2023₹18.94 Cr
Mar 2024₹15.41 Cr
Mar 2025₹17.12 Cr
Mar 2026₹8.68 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017₹0.59 Cr
Mar 2018₹1.10 Cr
Mar 2019₹1.40 Cr
Mar 2020₹0.88 Cr
Mar 2021−₹0.11 Cr
Mar 2022₹0.31 Cr
Mar 2023−₹0.12 Cr
Mar 2024₹0.34 Cr
Mar 2025₹0.91 Cr
Mar 2026₹0.12 Cr

Quarterly Results

₹ Cr
540821 quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales
4.05
5.44
2.04
3.88
2.87
3.91
3.98
6.46
1.6
1.58
0.9
4.6
0.98
Expenses
3.78
4.03
3.75
3.01
2.67
2.97
2.11
7.92
2.23
2.31
2.48
1.3
1.83
Operating Profit
0.27
1.41
−1.71
0.87
0.2
0.94
1.87
−1.46
−0.63
−0.73
−1.58
3.3
−0.85
OPM %
6.67%
25.92%
−83.82%
22.42%
6.97%
24.04%
46.98%
−22.6%
−39.38%
−46.2%
−175.56%
71.74%
−86.73%
Other Income
0
−0.01
0.02
0.06
0
0.15
0.1
0.13
0.11
0.1
0.11
0.13
0.04
Interest
0
0
0
0.01
0
0.03
0.04
0.05
0.03
0.03
0.03
0.05
0.01
Depreciation
0.09
0.09
0.1
0.13
0.11
0.11
0.11
0.12
0.09
0.09
0.09
0.04
0.07
PBT
0.18
1.31
−1.79
0.79
0.09
0.95
1.82
−1.5
−0.64
−0.75
−1.59
3.34
−0.89
Tax %
22.22%
25.19%
0%
−29.11%
22.22%
25.26%
24.18%
−16%
0%
−6.67%
8.18%
4.49%
0%
Net Profit
0.13
0.98
−1.79
1.01
0.07
0.71
1.39
−1.27
−0.63
−0.7
−1.72
3.19
−0.89
EPS (₹)
0.01
0.1
−0.18
0.1
0.01
0.07
0.14
−0.13
−0.06
−0.07
−0.17
0.32
−0.09

Profit & Loss

₹ Cr
540821 profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
23.41
24.25
36.13
55.23
55.41
34.53
22.48
23.89
18.94
15.41
17.12
8.68
8.06
Expenses
22.92
23.74
35.25
53.47
53.26
32.86
22.2
24.24
19.12
14.58
15.55
8.31
7.92
Operating Profit
0.49
0.51
0.88
1.76
2.15
1.67
0.28
−0.35
−0.18
0.83
1.57
0.37
0.14
OPM %
2.09%
2.1%
2.44%
3.19%
3.88%
4.84%
1.25%
−1.47%
−0.95%
5.39%
9.17%
4.26%
1.74%
Other Income
0
0.07
0.04
0
0
0.03
0.02
1.19
0.88
0.08
0.39
0.46
0.38
Interest
0
0
0.01
0.04
0.02
0.02
0.02
0
0
0.02
0.14
0.13
0.12
Depreciation
0
0.01
0.03
0.05
0.21
0.47
0.41
0.47
0.46
0.42
0.46
0.36
0.29
PBT
0.49
0.57
0.88
1.67
1.92
1.21
−0.13
0.37
0.24
0.47
1.36
0.34
0.11
Tax %
30.61%
31.58%
34.09%
34.13%
27.08%
28.1%
−15.38%
16.22%
150%
29.79%
33.09%
67.65%
—
Net Profit
0.34
0.39
0.59
1.1
1.4
0.88
−0.11
0.31
−0.12
0.34
0.91
0.12
−0.12
EPS (₹)
—
—
—
0.11
0.14
0.09
−0.01
0.03
−0.01
0.03
0.09
0.01
−0.01
Div. Payout %
0%
2.5%
0%
22.8%
1.43%
0%
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
540821 balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
3.25
9.75
10.03
10.03
10.03
10.03
10.03
10.03
10.03
10.03
10.03
10.03
Reserves
0.34
0.99
1.3
2.09
3.46
4.32
4.21
4.52
4.15
4.99
5.21
5.07
Borrowings
0
1
1.96
4.06
6.11
2.5
3.09
5.25
3.2
2.49
3.83
2.82
Other Liabilities
13.15
10.4
20.46
13.15
20.14
11.64
8.48
8.86
9.47
7.99
5.52
4.58
Total Liabilities
16.74
22.14
33.75
29.33
39.74
28.49
25.81
28.66
26.85
25.5
24.59
22.5
Fixed Assets
0.03
0.04
0.2
0.44
2.06
1.83
1.86
2.16
1.82
1.82
1.45
1.18
CWIP
0
0
0
0
0
0
0
0
0
0.02
0.09
0.07
Investments
0.85
0.85
0.85
0.85
0.85
0.85
4.87
7.96
7.71
8.4
5.35
5.09
Other Assets
15.86
21.25
32.7
28.04
36.83
25.81
19.08
18.54
17.32
15.26
17.7
16.16
Total Assets
16.74
22.14
33.75
29.33
39.74
28.49
25.81
28.66
26.85
25.5
24.59
22.5

Cash Flow

₹ Cr
540821 cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
0.25
6.52
−1.68
−13.49
−1.13
3.81
4.43
1.59
4.97
0.66
−3.5
0.93
Investing
−0.88
0.05
−0.19
−0.29
−1.83
−0.23
−4.47
−3.87
−0.12
−0.43
1.88
0.35
Financing
−0.95
7.82
0.5
1.79
2.03
−3.63
0.59
2.28
−5.72
0.2
1.15
−1.12
Net Cash Flow
−1.59
14.39
−1.37
−11.99
−0.94
−0.05
0.55
0
−0.87
0.42
−0.46
0.17
Free Cash Flow
0.22
6.5
−1.87
−13.78
−2.96
3.58
3.98
0.82
4.85
0.23
−3.66
0.87
CFO/OP
141
1,359
−158
−738
−49
250
1,582
−454
−2,761
106
−208
362

Ratios

540821 financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
155
16.11
129
88.23
131
60.78
110
88.92
138
138
123
373
Inventory Days
—
—
—
—
36.66
70.35
—
—
—
—
—
—
Days Payable
—
—
—
—
966
360
—
—
—
—
—
—
Cash Conversion Cycle
155
16.11
129
88.23
−798
−229
110
88.92
138
138
123
373
Working Capital Days
36.95
−77.52
−31.72
56.17
44
87.84
68.03
131
71.69
59.45
154
312
ROCE %
14.33%
7.44%
7.11%
11.61%
10.84%
6.75%
−0.64%
2.59%
3.55%
3.21%
8.2%
2.54%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Crystal Business System insights

62 extracted metrics across FY10–FY27.

Shareholding Pattern

As of Sep 2026

  • Public 63.64%
  • Promoters 25.47%
  • Others 10.90%

No promoter shares pledged as of 14 Oct 2026

Change vs previous quarter

Documents

Frequently Asked Questions about Crystal Business System

What does Crystal Business System Ltd do?
Incorporated in 1994, Crystal Business System Ltd is in the business of launching television channels.
Where is Crystal Business System Ltd (CRYSTAL) listed?
Crystal Business System Ltd trades under code 540821 on the BSE.
Which sector does Crystal Business System Ltd belong to?
Crystal Business System Ltd is classified under the Media sector, in the TV Broadcasting & Media industry.
What is the 52-week high and low of Crystal Business System Ltd?
Over the last 52 weeks Crystal Business System Ltd has traded between ₹1.33 and ₹3.47 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Crystal Business System Ltd?
Crystal Business System Ltd reported a return on equity of 0.79%. Its debt-to-equity ratio is 0.19.

Company Information

Incorporated in 1994, Crystal Business System Ltd is in the business of launching television channels.

Listed 22 Jan 2018
Face Value ₹1

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