Information Technology / IT Services & Consulting

Cyber Media Research & Services Ltd (CMRSL)

₹00.478

CMRSL

Company Overview

Cyber Media Research & Services Limited was originally incorporated as "IDC (India) Limited" on August 29, 1996. The company's name was changed to "Cyber Media Research Limited" on February 28, 2011, and further to "Cyber Media Research & Services Limited" on March 26, 2014. As a part of CyberMedia, South Asia's largest specialty media and media services group, CyberMedia Research (CMR) has been a frontrunner in market research, consulting, and advisory services since 1986. The Company commenced operations on October 14, 1996. In 1998, it acquired the running business of IDC India, a division of Cyber Media (India) Limited. The organization has established itself as a comprehensive data-driven marketing company that bridges traditional market research with modern digital marketing solutions.

Business Operations and Services

The principal activity of the Company is advertising activities and digital marketing services. It offers research-based insights and consulting services, including market intelligence, market sizing, stakeholder satisfaction, growth opportunity identification, incubation advisory, and go-to-market services, covering the Information Technology, Telecommunications, and Semiconductors sectors.

The company's research and advisory services operate with premium data across technology, telecom, life sciences, automotive, manufacturing, and other industry verticals. Apart from this, it has four revenue streams: Digital Marketing, Programmatic Media Buying, Publisher Monetization, and Data Analytics. These together form the pillars of the digital marketing landscape, providing proprietary solutions that enable advertisers and publishers to match the right ad with the right user.

The company's technological platform, CyberAds, delivers automated and machine learning-driven programmatic solutions, positioning CMRSL at the intersection of traditional market research and cutting-edge advertising technology.

Market Position and Stock Information

The market capitalization of Cyber Media Research & Services Ltd (CMRSL) is ₹24.42 Cr as of July 21, 2025. The company trades on both NSE under the symbol CMRSL and BSE with scrip code 535482. Cyber Media Research & Services Ltd (CMRSL) belongs to the Information Technology sector and the IT Services & Consulting sub-sector.

The 52-week high for CMRSL is ₹147, and the 52-week low is ₹64. The stock has experienced significant volatility, reflecting the dynamic nature of the digital marketing and research industry.

Financial Performance

Annual Performance FY2025

For the full year ended March 2025, net profit declined by 35.93% to ₹2.30 crore, compared to ₹3.59 crore during the previous year ended March 2024. Sales declined by 14.08% to ₹75.03 crore in the year ended March 2025, against ₹87.33 crore during the previous year ended March 2024.

Quarterly Results Q4 FY2025

Net profit for the quarter ended March 2025 declined by 68.94% to ₹0.41 crore, compared to ₹1.32 crore during the previous quarter ended March 2024. Sales declined by 18.26% to ₹18.35 crore in the quarter ended March 2025, against ₹22.45 crore during the previous quarter ended March 2024.

Key Financial Metrics

Revenue: ₹75.0 Cr (FY2025)

Net Profit: ₹2.30 Cr (FY2025)

P/E (Price-to-Earnings) Ratio: 10.62

P/B (Price-to-Book) Ratio: 1.57

Current Dividend Yield: 2.40%

Corporate Structure and Governance

The immediate and holding company is Cyber Media Research & Services Limited, and the ultimate holding company is Cyber Media (India) Limited, both incorporated in India. Promoter Holding stands at 42.4%, indicating significant management ownership and confidence in the company's prospects.

In 2017, the Company formed a wholly-owned subsidiary in the Republic of Singapore under the name of "Cyber Media Services Pte Limited." This international expansion demonstrates the company's ambitions to extend its market research and digital marketing services beyond Indian borders.

Growth Prospects and Industry Position

Over the last 5 years, revenue has grown at a yearly rate of 19.76%, outperforming the industry average of 10.98%, showcasing the company's ability to exceed industry benchmarks in revenue growth. Over the same period, net income has grown at a yearly rate of 41.88% (vs industry average of 9.09%), demonstrating strong profitability enhancement capabilities.

Despite recent challenges in FY2025, the company's long-term growth trajectory and diversified service portfolio across market research, digital marketing, and data analytics position it well for future opportunities in India's expanding digital economy.

Dividend Policy

Cyber Media Research & Services announced that the Board of Directors, at its meeting held on May 27, 2025, recommended a final dividend of ₹2 per equity share (i.e., 20%), subject to shareholder approval. This dividend recommendation reflects management's commitment to shareholder returns despite recent performance challenges.

The company operates in a dynamic sector where digital transformation continues to drive demand for specialized market research and programmatic advertising solutions, making it an interesting proposition for investors seeking exposure to India's evolving digital marketing landscape.