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Crystal Business System Ltd

BSE • Communication Services • Broadcasting • Quote as of 05/08/2026 15:53
Crystal Business System Ltd stock price and volume chart

Company Profile

IndustryBroadcasting
SectorCommunication Services
ExchangeBSE
Market Capitalization232.62 mln
Float46.49 mln

Piotroski F-Score

5 / 9
Neutral

Beneish M-Score

-1.02
Manipulation likely

Relative Strength

98 / 100
Top performer

Debt / Equity

0.27
Very low leverage

ROE

-28.91
Deeply negative

Dividend Yield

0.00%
No dividend

Business Description

Founded in 1977 and headquartered in New Delhi, Crystal Business System Limited (formerly Sadhna Broadcast Limited) operates a portfolio of television channels in India, including Sadhna TV, Ishwar TV, and Har Khabar, covering news, music, devotional, and regional content. The company also runs outdoor and print advertising across hoardings, bus shelters, and public transport, and publishes a Hindi monthly magazine called Sadhna Path, which covers cultural, health, and astrological topics. In addition, it supplies broadcast equipment and technical setup services, such as mobile broadcast vans, uplink devices, studio infrastructure, and software solutions, serving both public and private sector clients.

Key Fundamentals

EPS-0.43
ROE-28.91
RPS1.02
ROIC-22.77
ROA-17.78
EBITDA, mln-39.42
EV / EBITDA-6.34
EV / EBIT-5.77
Revenue, mln105
EV / Revenue2.37

Financial Strength

Altman Z-Score1.65
Piotroski F-Score 5 / 9
Beneish M-Score-1.02
Shiller PE Ratio1,606

Price Performance & Relative Strength

Period Price Performance Relative Strength
1 Week 31.13% 99 / 100   
1 Month 63.53% 98 / 100   
2 Months 45.55% 93 / 100   
6 Months 33.01% 92 / 100   



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