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Key Financials Snapshot

TTM · Standalone · ₹ in Cr
Market Cap
₹242 Cr.
Stock P/E
-9687.9
P/B
Current Price
₹10.4
Book Value
₹ 0
Face Value
1
52W High
52W Low
Dividend Yield

Channel Nine Overview

1. Business Overview

Channel Nine Entertainment Ltd. is an Indian company primarily engaged in the Film Production, Distribution & Entertainment sector. Its core business model involves creating original cinematic content (films), acquiring rights to existing films, and then distributing these films across various platforms. Revenue generation typically comes from a mix of sources including theatrical box office collections, sale of satellite broadcasting rights, digital streaming rights (OTT platforms), music rights, and international distribution.

2. Key Segments / Revenue Mix

Given the industry, Channel Nine's operations would generally segment into:

Film Production: Involves financing, developing, and producing feature films.

Film Distribution: Managing the release and exhibition of films in cinemas (domestic and international), and subsequent sales to various media platforms.

Content Licensing: Monetizing its content library through agreements for satellite, digital, and ancillary rights.

Specific contributions from these segments are not available from the provided information.

3. Industry & Positioning

The Indian Film Production, Distribution & Entertainment industry is vast, dynamic, and highly competitive, characterized by a mix of large established studios, independent producers, and regional players. It includes Bollywood (Hindi cinema) and numerous vibrant regional film industries (e.g., Tamil, Telugu, Malayalam, Kannada, Bengali). Channel Nine Entertainment Ltd. operates within this fragmented landscape. Its positioning would depend on its scale of production, genre focus, success rate of its films, and its network within the distribution ecosystem, likely competing with both major studios and smaller production houses for talent, distribution slots, and audience attention.

4. Competitive Advantage (Moat)

Without specific company details, potential competitive advantages (moats) for Channel Nine could include:

Content Library: A strong catalog of successful and critically acclaimed films can provide recurring revenue streams and negotiating power.

Brand Recognition: A reputation for consistently producing high-quality or commercially successful content can attract talent, distributors, and audiences.

Talent Relationships: Deep and exclusive ties with popular actors, directors, writers, and music composers.

Distribution Network: A robust and efficient distribution network, especially for theatrical releases, can ensure wider reach.

However, these advantages are difficult to build and maintain in such a hit-driven industry, suggesting that strong, durable moats can be challenging for a single production house to establish without significant scale or a unique niche.

5. Growth Drivers

Key factors that can drive growth for Channel Nine Entertainment Ltd. over the next 3-5 years include:

Rising Disposable Incomes: Increased consumer spending power in India can lead to higher box office collections.

Growth of OTT Platforms: The expanding digital streaming market provides new revenue streams for content licensing.

Multiplex Expansion: Continued growth in the number of modern cinema screens, particularly in Tier 2 and Tier 3 cities, can enhance theatrical reach.

Demand for Diverse Content: A growing appetite for varied genres and regional content offers opportunities for tailored productions.

International Market Expansion: Tapping into the global diaspora and cross-cultural appeal of Indian cinema.

6. Risks

Channel Nine Entertainment Ltd. faces several inherent risks:

Box Office Volatility: Film success is highly unpredictable, with significant financial risks tied to individual project performance.

High Production Costs: Increasing costs for talent, production, and marketing can erode profitability, especially for big-budget films.

Intense Competition: Competition from domestic and international production houses, as well as alternative entertainment forms (e.g., web series, gaming), for audience attention and talent.

Talent Dependency: Reliance on specific high-demand actors or directors can lead to higher costs and scheduling challenges.

Piracy: Illegal distribution of content poses a continuous threat to revenue across all platforms.

Regulatory & Censorship Risk: Changes in censorship guidelines or other government regulations can impact content creation and release.

7. Management & Ownership

As is common with many Indian companies, Channel Nine Entertainment Ltd. is likely promoted and controlled by its founding family or a core group of individuals. The quality of management is critical in the entertainment industry, requiring a blend of creative vision, financial acumen, and strong industry relationships. Ownership structure would typically involve the promoters holding a significant stake, alongside potentially institutional or public shareholders if it is a listed entity. Specific details on management individuals or ownership percentages are not provided.

8. Outlook

Channel Nine Entertainment Ltd. operates in an exciting yet challenging sector. The bull case rests on the fundamental growth of the Indian entertainment market, driven by digital penetration and rising consumption, offering ample opportunities for content monetization across diverse platforms. Successful content creation, effective distribution strategies, and judicious capital allocation to produce commercially and critically appealing films could lead to significant growth. The bear case highlights the extreme volatility and high-risk nature of the film business. A series of unsuccessful films, escalating production costs, intense competition, and the constant threat of content obsolescence or piracy could significantly impact financial performance and market standing. The company's trajectory will largely depend on its ability to consistently deliver engaging content and adapt to evolving audience preferences and technological shifts.

Channel Nine Share Price

Live · BSE · Inception: 2002
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Volume
Price

Channel Nine Quarterly Price

Show Value Show %

Channel Nine Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Channel Nine Profit & Loss

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 TTM
Net Sales 0 0 3 3 4 3 2 1 0 0 0
Other Income 0 0 1 0 0 0 0 0 0 0 0
Total Income 0 0 3 3 4 3 3 1 0 0 0
Total Expenditure 0 0 3 2 4 3 2 1 0 0 0
Operating Profit -0 0 0 1 1 1 0 0 0 0 0
Interest 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -0 0 0 0 0 0 0 0 -0 0 -0
Provision for Tax 0 0 0 0 0 0 -0 -0 -0 -0 -0
Profit After Tax -0 0 0 0 0 0 0 0 -0 0 -0
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -0 0 0 0 0 0 0 0 -0 0 -0
Adjusted Earnings Per Share -0 0 0 0 0 0 0 0 -0 0 -0

Channel Nine Balance Sheet

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Shareholder's Funds 1 6 23 23 31 31 31 31 31 31 31
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities 0 0 0 2 0 0 0 0 0 0 -0
Total Current Liabilities 1 0 1 3 2 2 3 4 4 3 3
Total Liabilities 2 6 24 28 33 33 35 35 35 35 34
Fixed Assets 0 4 7 7 6 6 6 5 5 4 4
Other Non-Current Assets 0 0 3 3 10 9 7 5 5 6 6
Total Current Assets 1 2 14 18 16 18 22 24 24 24 23
Total Assets 2 6 24 28 33 33 35 35 35 35 34

Channel Nine Cash Flow

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Opening Cash & Cash Equivalents 0 0 0 1 0 0 0 0 0 0 0
Cash Flow from Operating Activities -0 -0 -0 2 -3 -0 0 0 -0 -0 -0
Cash Flow from Investing Activities 0 -5 -16 -4 -3 0 -0 -0 0 0 1
Cash Flow from Financing Activities 0 5 17 2 6 0 0 0 0 0 -0
Net Cash Inflow / Outflow -0 0 1 -1 0 0 -0 -0 -0 0 0
Closing Cash & Cash Equivalent 0 0 1 0 0 0 0 0 0 0 0

Channel Nine Ratios

# Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021
Earnings Per Share (Rs) -0.02 0.02 0.01 0 0.01 0.01 0 0 -0 0.01 -0
CEPS(Rs) -0.01 0.06 0.01 0.02 0.03 0.02 0.02 0.02 0.01 0.02 0.01
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 0.27 1.76 0.99 0.97 1.29 1.3 1.32 1.33 1.32 1.33 1.32
Core EBITDA Margin(%) 0 0 -6.56 12.68 9.83 9.21 7.58 -4.12 0 0 0
EBIT Margin(%) 0 0 6.5 6.4 4.9 4.1 1.73 4.95 0 0 0
Pre Tax Margin(%) 0 0 6.34 6.4 4.9 4.09 1.63 4.21 0 0 0
PAT Margin (%) 0 0 4.48 2.02 3.42 3.81 3.68 15.22 0 0 0
Cash Profit Margin (%) 0 0 12.29 17.44 15.45 17.14 21.64 76.76 0 0 0
ROA(%) -2.39 1.98 0.79 0.2 0.44 0.36 0.26 0.28 -0.31 0.34 -0.07
ROE(%) -5.34 2.33 0.82 0.23 0.51 0.4 0.29 0.32 -0.35 0.38 -0.08
ROCE(%) -2.22 2.89 1.19 0.74 0.73 0.43 0.13 0.1 -0.64 0.03 -0.48
Receivable days 0 0 226.38 414 376.58 623.97 1052.18 4413.45 0 0 0
Inventory Days 0 0 0 0 0 0 0 0 0 0 0
Payable days 0 0 96.64 221.29 202.28 214.06 443.94 2690.9 0 0 0
PER(x) 0 0 402.83 0 3984.1 5592.42 6979.19 4266.93 0 0 0
Price/Book(x) 0 0 2.06 25.46 17.84 22.13 19.93 13.66 0 0 0
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0 0 17.81 218.1 136.21 212.78 256.76 649.19 0 0 0
EV/Core EBITDA(x) -51.23 2.51 124.51 999.13 804.68 1220.85 1304.09 976.4 126.8 61.28 105.74
Net Sales Growth(%) -100 0 0 0.29 50.48 -19.69 -24.57 -72.73 -100 0 0
EBIT Growth(%) -3592.09 623.01 85.47 -1.26 15.12 -32.8 -68.25 -21.84 -717.84 104.45 -1779.37
PAT Growth(%) -158.85 276.21 58.06 -54.92 155.39 -10.64 -27.09 12.78 -209.09 208.45 -121.41
EPS Growth(%) -158.85 255.4 -78.43 -54.92 153.76 -10.64 -27.09 12.78 -208.44 208.7 -122
Debt/Equity(x) 0 0 0 0 0 0 0 0 0 0 0
Current Ratio(x) 1.4 42.89 15.3 5.97 10.12 9.03 6.88 6.6 6.9 6.91 7.45
Quick Ratio(x) 1.4 42.89 15.3 5.97 10.12 9.03 6.88 6.6 6.9 6.91 7.45
Interest Cover(x) -15.88 2530.34 40.93 1875.33 1427.96 380.58 19.01 6.73 -42.98 4.63 -44.13
Total Debt/Mcap(x) 0 0 0 0 0 0 0 0 0 0 0

Channel Nine Shareholding Pattern

Latest · Mar 2024
100% held
Promoters 20.58 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 79.42 %
# Sep 2020 Mar 2021 Sep 2021 Mar 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Mar 2024
Promoter 20.5820.5820.5820.5820.5820.5820.5820.5820.5820.58
FII 0000000000
DII 0000000000
Public 79.4279.4279.4279.4279.4279.4279.4279.4279.4279.42
Others 0000000000
Total 100100100100100100100100100100

Channel Nine Peer Comparison

Film Production, Distribution & Entertainment Edit Columns

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -100% -100%
Operating Profit CAGR -100%
PAT CAGR
Share Price CAGR 0% -3% -10%
ROE Average 0% 0% 0% 0%
ROCE Average 0% 0% 0% 0%

News & Updates

See more…

Channel Nine Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Promoter holding is low: 20.58%.
  • Company has a low return on equity of -0% over the last 3 years.
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