Price
Financials
Consolidated, Rs crore| Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,308 | 1,567 | 1,496 | 1,265 | 1,473 | 1,768 | 1,406 | 3,176 | 1,794 | 1,676 | 2,330 | 3,069 |
| Expenses | 1,066 | 1,212 | 1,242 | 1,207 | 1,433 | 1,749 | 1,329 | 3,230 | 1,992 | 1,822 | 2,491 | 3,178 |
| Operating Profit | 242 | 355 | 254 | 58 | 41 | 19 | 77 | -54 | -198 | -146 | -161 | -109 |
| OPM % | 18% | 23% | 17% | 4.6% | 2.8% | 1.1% | 5% | -1.7% | -11% | -9% | -7% | -3.6% |
| Other Income | 27 | 38 | 30 | 39 | 22 | 69 | 40 | 220 | 210 | 181 | 180 | 174 |
| Interest | 9 | 9 | 10 | 11 | 25 | 31 | 50 | 36 | 34 | 40 | 77 | 113 |
| Depreciation | 29 | 28 | 27 | 26 | 28 | 33 | 35 | 39 | 50 | 46 | 68 | 69 |
| Profit before tax | 231 | 356 | 247 | 60 | 10 | 24 | 33 | 89 | -72 | -50 | -127 | -117 |
| Tax % | -0% | 12% | 11% | 0% | -5% | -56% | 40% | -2% | -9% | 11% | 8% | 3% |
| Net Profit | 231 | 312 | 221 | 60 | 10 | 38 | 20 | 91 | -65 | -56 | -137 | -120 |
| EPS in Rs | 0.82 | 1.17 | 0.84 | 0.20 | 0.03 | 0.24 | 0.21 | 0.26 | -0.17 | -0.07 | -0.30 | -0.29 |
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,968 | 2,318 | 925 | 979 | 1,475 | 4,943 | 5,175 | 4,498 | 5,526 | 5,912 | 8,976 | 8,869 |
| Expenses | 1,757 | 2,146 | 794 | 948 | 1,416 | 4,629 | 4,470 | 3,690 | 4,488 | 5,719 | 9,535 | 9,483 |
| Operating Profit | 211 | 172 | 131 | 31 | 59 | 314 | 705 | 808 | 1,038 | 193 | -559 | -614 |
| OPM % | 11% | 7% | 14% | 3.2% | 4.0% | 6% | 14% | 18% | 19% | 3.3% | -6% | -7% |
| Other Income | 4 | -102 | 34 | 43 | 98 | 71 | 104 | 122 | 129 | 173 | 791 | 745 |
| Interest | 61 | 48 | 19 | 22 | 27 | 101 | 142 | 88 | 38 | 116 | 187 | 263 |
| Depreciation | 56 | 40 | 35 | 56 | 69 | 132 | 166 | 139 | 113 | 123 | 203 | 233 |
| Profit before tax | 99 | -17 | 112 | -4 | 61 | 152 | 502 | 703 | 1,016 | 127 | -159 | -365 |
| Tax % | 14% | 123% | 3% | 599% | 85% | -39% | 17% | -6% | 9% | -1% | 5% | |
| Net Profit | 89 | -26 | 195 | 6 | 9 | 210 | 417 | 746 | 926 | 128 | -167 | -378 |
| EPS in Rs | 0.61 | 0.26 | 1.14 | 0.04 | 0.06 | 0.97 | 1.41 | 2.66 | 3.41 | 0.68 | -0.28 | -0.83 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 16% | 13% | 26% | 13% | ||
| Compounded Profit Growth | % | % | % | -213% | ||
| Stock Price CAGR | 0% | 2% | 1% | % | ||
| Return on Equity | 4% | 5% | 3% | 0% |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 342 | 342 | 343 | 343 | 343 | 343 | 343 | 343 | 343 | 343 | 343 | 343 |
| Reserves | 2,930 | 3,068 | 3,105 | 3,710 | 2,988 | 2,997 | 3,155 | 3,391 | 3,848 | 4,437 | 4,336 | 16,786 |
| Borrowings | 550 | 490 | 501 | 230 | 273 | 1,002 | 1,620 | 1,775 | 1,030 | 789 | 4,386 | 6,214 |
| Other Liabilities | 612 | 808 | 786 | 465 | 366 | 2,430 | 2,764 | 2,900 | 3,001 | 3,628 | 4,704 | 16,551 |
| Total Liabilities | 4,435 | 4,709 | 4,735 | 4,748 | 3,970 | 6,772 | 7,882 | 8,409 | 8,222 | 9,197 | 13,768 | 39,894 |
| Fixed Assets | 612 | 2,152 | 1,987 | 1,020 | 1,117 | 2,289 | 2,252 | 2,360 | 2,321 | 2,274 | 2,454 | 14,845 |
| CWIP | 4 | 3 | 9 | 15 | 4 | 25 | 47 | 87 | 126 | 259 | 912 | 104 |
| Investments | 82 | 500 | 514 | 2,513 | 1,825 | 353 | 380 | 420 | 489 | 580 | 647 | 3,840 |
| Other Assets | 3,737 | 2,054 | 2,225 | 1,200 | 1,023 | 4,105 | 5,202 | 5,542 | 5,286 | 6,083 | 9,755 | 21,105 |
| Total Assets | 4,435 | 4,709 | 4,735 | 4,748 | 3,970 | 6,772 | 7,882 | 8,409 | 8,222 | 9,197 | 13,768 | 39,894 |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 101 | 194 | -110 | 133 | 63 | 158 | -126 | 153 | 1,319 | 593 | -2,718 | -6,378 |
| Cash from Investing Activity | -2,026 | 38 | 24 | -118 | -108 | -19 | -389 | -187 | -99 | -293 | -706 | -5,138 |
| Cash from Financing Activity | 2,110 | -221 | -39 | -20 | 30 | 25 | 520 | -32 | -1,008 | -293 | 3,317 | 1,018 |
| Net Cash Flow | 185 | 11 | -125 | -5 | -15 | 164 | 5 | -65 | 212 | 8 | -107 | -10,499 |
| Free Cash Flow | 63 | 134 | -107 | 63 | -79 | 102 | -247 | 9 | 1,238 | 409 | -3,444 | -8,770 |
| CFO/OP | 141% | 124% | -27% | 171% | 408% | 389% | 7% | 24% | 152% | 49% | -1,479% | 1,145% |
| Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 99 | 90 | 85 | 110 | 92 | 300 | 91 | 105 | 100 | 72 | 76 | 69 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 99 | 90 | 85 | 110 | 92 | 300 | 91 | 105 | 100 | 72 | 76 | 69 |
| Working Capital Days | 46 | 71 | 101 | 110 | 55 | 165 | 65 | 79 | 138 | 173 | 123 | 424 |
| ROCE % | 4% | 5% | 5% | 3% | 0% | 2% | 5% | 11% | 12% | 16% | 3% | 0% |
| Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 60.40% | 60.40% | 60.40% | 60.40% | 60.40% | 60.40% | 60.40% | 60.40% | 60.40% | 60.40% | 60.40% | 60.40% |
| FIIs | 12.17% | 14.09% | 12.75% | 10.25% | 9.85% | 8.58% | 8.54% | 8.50% | 8.55% | 7.46% | 7.36% | 7.38% |
| DIIs | 0.19% | 0.19% | 1.36% | 1.72% | 1.60% | 1.60% | 1.63% | 2.74% | 3.10% | 4.14% | 4.17% | 1.66% |
| Government | 0.00% | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 27.24% | 25.32% | 25.49% | 27.63% | 28.14% | 29.41% | 29.43% | 28.36% | 27.94% | 28.00% | 28.08% | 30.56% |
| No. of Shareholders | 2,11,655 | 2,28,756 | 2,84,621 | 3,87,538 | 3,90,798 | 3,90,011 | 3,84,298 | 3,64,592 | 3,78,951 | 4,12,551 | 4,74,493 | 5,00,117 |
Fundamentals
Market Cap₹ 7,761 Cr.
Current Price₹ 45.3
Book Value₹ 99.9
ROCE0.12 %
ROE-0.45 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)13%
Compounded Profit Growth (TTM)-213%
Consolidated figures.
Valuation
Market capRs 7,761 Cr
Enterprise valueRs 9,148 Cr
Price to book0.45x
Price to sales0.88x
EV / EBITDA69.75x
EV / sales1.03x
Earnings yield-1.84%
P/E, 3-year average32.07x
P/B, 3-year average1.85x
P/E, 5-year average21.50x
P/B, 5-year average1.40x
Profitability
Operating margin (excl. other income)-6.23%
Operating margin (incl. other income)2.58%
EBITDA margin1.48%
Pre-tax margin-4.12%
Net profit margin-1.61%
Net margin, latest quarter-1.63%
ROE-0.45%
ROCE0.17%
ROA-0.18%
ROE, 3-year average5.01%
ROCE, 3-year average7.68%
ROA, 3-year average2.51%
ROE, 5-year average6.65%
ROCE, 5-year average9.98%
ROA, 5-year average3.20%
ROIC (approx.)-0.58%
Tax rate-4.90%
Other income / net worth4.62%
Growth
Sales growth (latest year)51.82%
Profit growth (latest year)-141.84%
Sales CAGR, 3 years25.90%
Sales CAGR, 5 years12.67%
Sales growth QoQ31.75%
Sales growth YoY (latest quarter)-3.36%
Profit growth YoY (latest quarter)-212.99%
Per share
EPS (TTM)Rs -0.83
EPS (latest quarter)Rs -0.29
EPS, 3-year averageRs 2.04
EPS, 5-year averageRs 2.04
Book value per shareRs 99.91
Sales per shareRs 51.74
Cash flow per shareRs -37.20
Free cash flow per shareRs -51.16
Efficiency
Asset turnover0.23x
Fixed asset turnover0.60x
Inventory turnover0.00x
Debtor days69 days
Debtors turnover5.32x
Cash conversion cycle69 days
Working capital days424 days
Leverage
Total debtRs 6,214 Cr
Cash and bankRs 4,826 Cr
Net debtRs 1,388 Cr
Debt to equity0.36x
Net debt / EBITDA10.58x
Interest coverage-0.39x
Owners' fund to total sources42.94%
Debt to assets15.58%
Cash flow
Cash from Operating Activity (latest year)Rs -6,378 Cr
Cash from Investing Activity (latest year)Rs -5,138 Cr
Cash from Financing Activity (latest year)Rs 1,018 Cr
Net Cash Flow (latest year)Rs -10,499 Cr
Free cash flow (latest year)Rs -8,770 Cr
FCFE (approx.: FCF + change in debt)Rs -6,942 Cr
Cash from ops / profit, 5 years-3.43x
Statement figures
Net sales (TTM)Rs 8,869 Cr
Net sales (latest year)Rs 8,976 Cr
Sales (latest quarter)Rs 3,069 Cr
Operating profit excl. other income (latest year)Rs -559 Cr
Operating profit (latest quarter)Rs -109 Cr
Other income (TTM)Rs 745 Cr
EBITDA (TTM)Rs 131 Cr
PBDT (TTM)Rs -132 Cr
Profit before tax (TTM)Rs -365 Cr
Tax (latest year)Rs 8 Cr
Net profit (TTM)Rs -143 Cr
Net profit (latest year)Rs -49 Cr
Net profit (latest quarter)Rs -50 Cr
Depreciation (TTM)Rs 233 Cr
Depreciation (latest quarter)Rs 69 Cr
Interest (TTM)Rs 263 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 9,535 Cr
Total income (latest year)Rs 9,767 Cr
Share capitalRs 343 Cr
ReservesRs 16,786 Cr
Shareholders' fundsRs 17,129 Cr
Total assetsRs 39,894 Cr
Net blockRs 14,845 Cr
Capital work in progressRs 104 Cr
InvestmentsRs 3,840 Cr
ReceivablesRs 1,687 Cr
InventoryRs 10,197 Cr
Other liabilitiesRs 16,551 Cr
Shares outstanding (crore)171.44
Ownership
Promoter holding60.40% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 0.45 is at the 1th percentile (median 1.55).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | TV18BRDCST | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +9.9% | -2.8% | +12.7 pts |
| 1 month | -5.0% | -6.8% | +1.8 pts |
| 3 months | +3.3% | -7.6% | +10.9 pts |
| 6 months | -5.0% | +0.4% | -5.4 pts |
| 1 year | -2.0% | -9.9% | +7.9 pts |
| 2 years | +20.4% | -13.6% | +34.0 pts |
| 3 years | -0.8% | +14.2% | -15.0 pts |
| 5 years | +111.5% | +27.9% | +83.7 pts |
Red flags
F-score 2 of 8| explain | Weak cash conversion Cash from operations was -1304% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 16% of total assets in 2024 |
| explain | Debt up, profit down Borrowings up 42% while net profit fell in 2024 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2024Sales ₹3,069 Cr -3.4% vs Jun 2023.
Net loss ₹120 Cr.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Sun TV Network Ltd | 21,803 | 13.8 | 16.4 % |
| Zee Entertainment Enterprises Ltd | 7,121 | 34.0 | 2.72 % |
| Hathway Cable & Datacom Ltd | 1,676 | 22.1 | 2.62 % |
| Den Networks Ltd | 1,238 | 8.35 | 3.23 % |
| New Delhi Television Ltd | 777 | -72.6 % | |
| T.V. Today Network Ltd | 619 | 22.7 | 4.49 % |
| GTPL Hathway Ltd | 607 | 76.0 | 3.47 % |
| Zee Media Corporation Ltd | 471 | 140 | 5.27 % |
| Aqylon Nexus Ltd | 434 | 611 | 131 % |
| Dish TV India Ltd | 394 | % | |
| B A G Films & Media Ltd | 91 | 19.3 | 4.58 % |
| Siti Networks Ltd | 24 | % | |
| Crystal Business System Ltd | 20 | 2.54 % | |
| Colorchips New Media Ltd | 19 | -8.65 % | |
| Perfect-Octave Media Projects Ltd | 14 | 8.10 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2018-08-10 | Annual General Meeting | |
| 2017-09-20 | Annual General Meeting | |
| 2016-09-22 | Annual General Meeting | |
| 2015-09-16 | Annual General Meeting | |
| 2014-09-25 | Annual General Meeting | |
| 2013-07-18 | Annual General Meeting | |
| 2012-09-14 | Rights 41:11 @ Premium Rs.18/- Per Share | |
| 2012-08-02 | Annual General Meeting | |
| 2011-08-30 | Annual General Meeting | |
| 2010-06-22 | Annual General Meeting | |
| 2010-03-03 | Rights 3:10 @Prem Rs.91.5 | |
| 2009-08-20 | Annual General Meeting | |
| 2008-09-04 | Annual General Meeting | |
| 2008-02-21 | Fv Split Rs.10/- To Rs.2/ | 0.2000 |
| 2007-08-30 | Agm |
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of TV18 Broadcast Ltd(Merged)?
TV18 Broadcast Ltd(Merged) (TV18BRDCST) has a market capitalisation of Rs 7,761 Cr. at the 2024-10-15 close.
What were TV18 Broadcast Ltd(Merged)'s latest quarterly results?
In the Jun 2024 quarter, TV18 Broadcast Ltd(Merged) sales was Rs 3,069 Cr (-3.4% vs Jun 2023) with a net loss of Rs 120 Cr.