# Sandesh share price today (Sandesh Ltd, NSE: SANDESH)

> Sandesh share price today: ₹1,036.40 at the NSE close on 3 November 2026, down 11.0% in a year. Sandesh (NSE: SANDESH) is worth ₹785 crore, trades at a P/E of 7.2 and has closed between ₹881.20 and ₹1,172.40 over the past 52 weeks. > Sandesh Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. SANDESH · Newspaper · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/sandesh-ltd

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## Key numbers

- Business trend: Turning around, from fewer quarters than usual
- Price: ₹1,036.40 (−11.0% in a year)
- P/E: 7.2× (higher than 59% of the last 10 years)
- Revenue (Jun 2026): ₹458 Cr (+527.4% on a year ago)
- Profit (Jun 2026): ₹99.0 Cr (+70.7% on a year ago)
- Operating margin: 4.2% (−20.8 points on a year ago)
- ROCE: 7%, FY26
- Profit that came in as cash: 23%, last 3 years

The main question: profits are rising, but only 23% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the Sandesh share price today? Sandesh Ltd's share price was ₹1,036.40 at the close on 3 November 2026. It has been falling for 2 weeks. That is 0.6% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹881 and ₹1,172, and at that close it sat 53% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row. Over the last 11 years the share price moved +46% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Sandesh this quarter? 8 points on a year earlier, highest quarterly profit in 15 quarters and highest quarterly revenue in 15 quarters. 1. Operating margin down 20.8 points on a year earlier 4.2% in the June 2026 quarter, from 25%. 2. Highest quarterly profit in 15 quarters Profit of ₹99 crore in the June 2026 quarter is the highest of the last 15 quarters. 3. Highest quarterly revenue in 15 quarters Revenue of ₹458 crore in the June 2026 quarter is the highest of the last 15 quarters. ## What are Sandesh's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Sandesh reported revenue of ₹458 crore, up 527.4% from ₹73.0 crore a year earlier, and a profit of ₹99.0 crore, up 70.7% from ₹58.0 crore. ### Sandesh results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹458 crore | ₹73.0 crore | +527.4% |
| Profit | ₹99.0 crore | ₹58.0 crore | +70.7% |
| Earnings per share | ₹131.44 | ₹76.68 | +71.4% |
| Operating margin | 4.2% | 25.0% | −20.8 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Sandesh share price history? Sandesh closed at ₹1,036.40 on 3 November 2026, down 11.0% from ₹1,165.00 a year earlier (31 October 2025) and up 34.1% over five years. Its highest weekly close since March 2016 was ₹1,849.15 on 13 September 2024. ### Sandesh share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹953.50 | +8.7% |
| 1 month ago · 1 Oct 2026 | ₹990.05 | +4.7% |
| 6 months ago · 30 Apr 2026 | ₹1,099.65 | −5.8% |
| 1 year ago · 31 Oct 2025 | ₹1,165.00 | −11.0% |
| 3 years ago · 3 Nov 2023 | ₹1,035.30 | +0.1% |
| 5 years ago · 4 Nov 2021 | ₹772.95 | +34.1% |
| 10 years ago · 4 Nov 2016 | ₹956.05 | +8.4% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹711.25 | +45.7% |
| Highest weekly close since March 2016 · 13 Sep 2024 | ₹1,849.15 | −44.0% |
| Lowest weekly close since March 2016 · 3 Apr 2020 | ₹429.55 | +141.3% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹1,172.40 | −11.6% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹881.20 | +17.6% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (561 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Sandesh? 3 Nov 2026: Sandesh closed at ₹1,036.40, up 8.7% on the week and up 4.7% on the month. 14 Aug 2026: ex-date for a dividend of ₹5 a share. ### Earlier

- Results for April to June 2026: Revenue up 527.4% and profit up 70.7% on a year earlier. ## What dividend does Sandesh pay? Sandesh paid ₹5 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.48% at the ₹1,036.40 close on 3 November 2026. The last was a dividend of ₹5 a share, ex-date 14 August 2026. ### Sandesh dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 14 Aug 2026 | ₹5 | Dividend | same day |
| 22 Aug 2025 | ₹2.50 | Dividend | same day |
| 21 Feb 2025 | ₹2.50 | Interim | same day |
| 23 Feb 2024 | ₹5 | Interim | same day |
| 24 Feb 2023 | ₹5 | Interim | same day |
| 24 Feb 2022 | ₹5 | Interim | 25 Feb 2022 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Sandesh Ltd paid out 6% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is Sandesh on? Sandesh is not on any of our India lists this week. ## Is Sandesh profitable? Sandesh Ltd earned ₹99.0 Cr of net profit in the Jun 2026 quarter, +70.7% on the same quarter a year earlier. Full-year FY26 profit was ₹66.0 Cr. Over 10 years profit has grown −1.9% a year on average. That is 21.6% of the quarter's revenue. The same quarter a year earlier earned ₹58.0 Cr. 2 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was ₹66.0 Cr (−14.3% on the year before). Why profit moved: revenue changed +527.4% on a year earlier and the margin moved −20.8 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −169.2% and revenue +178.1%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Sandesh make, and is it growing? Sandesh Ltd reported ₹458 Cr of revenue in the Jun 2026 quarter, +527.4% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 1.6% a year on average. The last full year, FY26, came in at ₹440 Cr. The last four reported quarters add to ₹824 Cr. FY26 revenue was ₹440 Cr, +49.7% on the year before. Recent pace: the last four quarters grew +178.1% on average, against 1.6% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +175.6%, against +61.0% a year over the last 8 quarters (accelerating); profit over the last 12 months grew +26.2%, against −28.3% a year (accelerating). ## How much of every ₹100 of sales does Sandesh keep? Sandesh Ltd's operating margin was 4.2% in the Jun 2026 quarter, 20.8 percentage points lower than the same quarter a year ago. Across 13 years it has been between −2.0% and 34.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −20.5 percentage points on the year while gross margin changed −57.4 points. So the drop came mostly from the gross margin, which means input costs and prices charged. ## Is Sandesh's profit turning into cash? Over the last 3 years, 23% of Sandesh Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 its operations used ₹145 Cr of cash, against ₹66.0 Cr of profit. After ₹6.0 Cr of spending on assets, free cash was −₹151 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 23% of profit came in as cash: the cash cycle got 331 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 331 days longer. The next section looks at where the cash is stuck. ## Where does Sandesh's cash go? Sandesh Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 437 days in FY26, up from 106 days in FY21. It spent ₹14.0 Cr on assets over the last 3 years. Customers take 36 days to pay, and stock sits for 441 days on average. At FY26 sales of ₹440 Cr, each day of that cycle ties up about ₹1.2 Cr, so roughly ₹527 Cr is tied up in the business at any time. FY26: customers took 36 days to pay and stock sat for 441 days, about 14.5 months of sales sitting as stock, for a full cycle of 437 days, longer than FY21's 106. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 441 days. Customers pay about 36 days after that. Suppliers are paid at 41 days. Together that makes the 437-day cycle. Spending on assets: ₹14.0 Cr over the last 3 years, against ₹21.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹0.0 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is Sandesh's P/E ratio, and how does it compare with its own history? Sandesh Ltd's P/E is 7.2×, in the middle of its own history: higher than 59% of past readings. Its usual P/E (the middle reading) is 6.9×, over 10 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹141.75. Why the multiple is where it is: over the past year earnings per share moved −14.6% while the price moved −11.0%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +6.0% a year; about +1.6% a year came from earnings growth and about +4.4 percentage points from the multiple (the market paying more); over 10 years the price moved +0.8% a year; about +3.1% a year came from earnings growth and about −2.3 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. A quarterly PEG curve, which only the second data source has, is not shown on this page: its two data sources disagree by up to 77% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Is the Sandesh business getting better or worse? Sandesh Ltd's business is turning around. Profit growth has swung from −59.8% at its low to +26.2%, improving for 4 quarters in a row, with ROCE falling at 7.0%. This is based on 8 quarters of 4 measures, with some gaps. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Sandesh earn on its capital? Sandesh Ltd earned a ROCE of 7% in FY26. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 15.0% net margin and 0.29× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 15.0% net margin × 0.29× asset turnover × 1.07× leverage (assets divided by equity) ≈ 4.7% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 77% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does Sandesh have too much debt? Sandesh Ltd had ₹0.0 Cr of borrowings against ₹1,428 Cr of equity in FY26, so its debt is 0.00× its equity. Over 5 years borrowings went from ₹0.0 Cr to ₹0.0 Cr. Over the last 3 of those years it spent ₹14.0 Cr on assets. The spending on assets is being paid for from cash, not new debt. ## What is the Sandesh shareholding pattern? No group of Sandesh Ltd's owners changed its stake by a full percentage point over the last two years. Promoters moved +0.0 points over the same period, to 74.8%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −0.1 points over 8 quarters, to 0.1%; Promoters: +0.0 points over 8 quarters, to 74.8%; Domestic institutions: +0.0 points over 8 quarters, to 0.0%. ## How far is Sandesh from balance-sheet trouble? For Sandesh Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Sandesh rank in its industry? 46.0 out of 100, rank 2 of 3 in Newspaper, with 60% of the evidence available. Sandesh Ltd scores 46.0 out of 100 against the 3 companies it is compared with in Newspaper, ranking 2. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 19.3 + 5.8 + 9.9 + 11 = 46. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Sandesh compared with? Sandesh ranks 2 of 3 Newspaper companies on the 4-Factor Sector Score, with 46.0 out of 100. 1. [Jagran Prakashan Ltd](https://www.sectoralpha.in/stocks/jagran-prakashan-ltd) JAGRAN · turning · Most evidence points up · 93% evidence 70.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.6/35 · Revenue 0.6% · Profit 47.9% · Operating margin change 0 points · 88% evidence Capital efficiency 12.6/25 · ROCE 12.2% · Operating margin 14% · 100% evidence Valuation 17.7/20 · P/E 7.2× · PEG 0.14 · 85% evidence Relative strength 17.2/20 · Lead over its industry 10.9% · Lead over NIFTY 500 -0.6% · 1 year -14.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 22.6 + 12.6 + 17.7 + 17.2 = 70.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. Sandesh Ltd this page SANDESH · breaking out · Evidence leans down · 60% evidence 46.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.3/35 · Revenue 100% · Profit 26.2% · Operating margin change -20.8 points · 83% evidence Capital efficiency 5.8/25 · ROCE 7% · Operating margin 4.2% · 76% evidence Valuation 9.9/20 · P/E 6.9× · PEG n/a · 35% evidence Relative strength 11.0/20 · Lead over its industry n/a · Lead over NIFTY 500 1.9% · 1 year -15.1% · 25% evidence · 8 of 12 weeks ahead Exact sum: 19.3 + 5.8 + 9.9 + 11 = 46 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [D B Corp Ltd](https://www.sectoralpha.in/stocks/d-b-corp-ltd) DBCORP · quiet · Evidence leans down · 82% evidence 41.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 3.5/35 · Revenue 0.1% · Profit -4.7% · Operating margin change -6 points · 100% evidence Capital efficiency 17.8/25 · ROCE 18.3% · Operating margin 16% · 100% evidence Valuation 13.0/20 · P/E 7.8× · PEG 1.7 · 85% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -29.9% · 1 year -46.5% · 25% evidence · 0 of 12 weeks ahead Exact sum: 3.5 + 17.8 + 13 + 7.5 = 41.8 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Newspaper](https://www.sectoralpha.in/sectors/newspaper), all 3 compared on one page. ## Which companies are close to Sandesh in size? Sandesh is the 3rd largest of 3 Newspaper companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: D B Corp and Jagran Prakashan. It is the smallest. ### Newspaper companies close in size

1. [D B Corp Ltd](https://www.sectoralpha.in/stocks/d-b-corp-ltd) ₹2,552 crore
2. [Jagran Prakashan Ltd](https://www.sectoralpha.in/stocks/jagran-prakashan-ltd) ₹1,349 crore
3. Sandesh Ltd ₹749 crore

[All 3 Newspaper companies, largest first](https://www.sectoralpha.in/sectors/newspaper#all-companies)

### Companies close in size in other industries

1. [Adroit Industries (India) Ltd](https://www.sectoralpha.in/stocks/adroit-industries-indialtd) ₹753 crore
2. [Shree Digvijay Cement Co. Ltd](https://www.sectoralpha.in/stocks/shree-digvijay-cement-co-ltd) ₹750 crore · Cement
3. Sandesh Ltd ₹749 crore
4. [Kokuyo Camlin Ltd](https://www.sectoralpha.in/stocks/kokuyo-camlin-ltd) ₹748 crore · Printing & Stationery
5. [Morganite Crucible (India) Ltd](https://www.sectoralpha.in/stocks/morganite-crucible-indialtd) ₹748 crore · Refractories

## What else do people ask about Sandesh? ### What is Sandesh's share price today? Sandesh Ltd's share price is ₹1,036.40, −11.0% over the past year. The whole company is worth ₹785 Cr on the market. In the last 52 weeks it traded between ₹881 to ₹1,172; today it is 53% of the way up from the low, 0.6% above its 200-day average (as of 3 November 2026). ### What were Sandesh's latest quarterly results? Sandesh Ltd reported revenue of ₹458 Cr and net profit of ₹99.0 Cr for the Jun 2026 quarter. Revenue rose 527.4% and profit rose 70.7% compared with a year earlier. Earnings per share were ₹131.44. The operating margin was 4.2%, 20.8 percentage points lower than a year earlier (as of 3 November 2026). ### What is Sandesh's market cap? Sandesh Ltd's market capitalisation is ₹785 Cr at a share price of ₹1,036.40. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Sandesh performing? Sandesh Ltd's share price has been falling for 2 weeks. In its latest quarter, revenue rose 527.4% and profit rose 70.7% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 3 November 2026). ### Will Sandesh's share price go up? This page does not forecast Sandesh Ltd's share price. What it shows instead: the share price is ₹1,036.40, and it has been falling for 2 weeks. Its P/E of 7.2× is higher than 59% of its own last 10 years (as of 3 November 2026). ### Where is Sandesh in its business cycle? Sandesh Ltd's FY26 operating margin was 20.0%, against a 13-year range of −2.0% to 34.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 4.2%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Sandesh story? The main question: profits are rising, but only 23% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Sandesh a stock worth studying right now? What the numbers show: Sandesh Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.