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TV Today Network

₹228 3.2 | 1.4%

Market Cap ₹1360 Cr.

Stock P/E 26.8

P/B 1.6

Current Price ₹228

Book Value ₹ 143.4

Face Value 5

52W High ₹274.1

Dividend Yield 30.7%

52W Low ₹ 179

TV Today Network Research see more...

Overview Inc. Year: 1999Industry: TV Broadcasting & Software Production

T.V. Today Network Ltd. is an India-based organization, that's engaged in broadcasting operations. The Company is basically involved in broadcasting television news channels, radio stations, and virtual operations in India. Its segments include Television and Radio broadcasting, Newspaper publishing, and Others. The Company operates four news channels, which comprises Aaj Tak, Aaj Tak HD, India Today and Tez. It additionally operates 3 FM radio stations underneath the brand ISHQ 104.8 FM in Delhi, Mumbai, and Kolkata. Its subsidiaries include TV Today Network (Business) Ltd, Mail Today Newspapers Pvt Ltd and Vibgyor Broadcasting Pvt Ltd.

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TV Today Network Share Price

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TV Today Network Quarterly Results

#(Fig in Cr.) Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 226 258 242 218 212 231 217 223 214 263
Other Income 14 9 10 11 12 13 8 10 9 10
Total Income 240 267 253 229 223 244 225 232 223 272
Total Expenditure 166 172 194 171 185 195 196 209 202 222
Operating Profit 74 95 59 58 38 49 29 23 21 51
Interest 1 1 1 1 1 1 1 1 1 1
Depreciation 10 11 11 10 10 10 10 10 10 11
Exceptional Income / Expenses 0 0 0 0 0 0 -10 0 0 0
Profit Before Tax 63 83 47 47 27 38 8 12 10 39
Provision for Tax 16 21 12 12 7 10 2 3 3 10
Profit After Tax 47 62 36 35 20 28 6 9 7 29
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 47 62 36 35 20 28 6 9 7 29
Adjusted Earnings Per Share 7.9 10.3 6 5.9 3.3 4.6 1 1.5 1.2 4.9

TV Today Network Profit & Loss

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
Net Sales 313 389 460 582 652 721 742 857 783 930 878 917
Other Income 7 12 23 21 21 25 37 43 37 48 51 37
Total Income 320 401 483 602 674 746 779 901 820 978 929 952
Total Expenditure 278 280 319 420 490 513 543 641 584 690 755 829
Operating Profit 42 121 164 182 184 232 236 259 236 288 175 124
Interest 3 4 1 6 8 4 1 3 2 3 3 4
Depreciation 21 24 30 31 29 31 32 39 40 42 41 41
Exceptional Income / Expenses 0 0 0 -30 9 -14 0 0 0 0 -10 -10
Profit Before Tax 18 93 132 115 155 183 204 218 194 243 120 69
Provision for Tax 5 32 42 53 54 64 73 79 62 62 32 18
Profit After Tax 12 61 90 62 100 119 131 139 132 182 88 51
Adjustments 0 0 -9 2 2 0 0 0 0 0 0 0
Profit After Adjustments 12 61 81 63 102 119 131 139 132 182 88 51
Adjusted Earnings Per Share 2.1 10.3 13.6 10.6 17.1 19.9 22 23.4 22 30.4 14.8 8.6

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -6% 1% 4% 11%
Operating Profit CAGR -39% -12% -5% 15%
PAT CAGR -52% -14% -6% 22%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 12% -7% -5% 6%
ROE Average 9% 13% 15% 15%
ROCE Average 12% 19% 22% 23%

TV Today Network Balance Sheet

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Shareholder's Funds 325 379 450 472 581 662 896 872 991 1158 828
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 17 0 0 11 5 0 0 0 0 0 0
Other Non-Current Liabilities -3 -3 -3 -5 -3 -1 -50 -2 6 18 16
Total Current Liabilities 262 272 321 155 170 223 242 271 251 286 249
Total Liabilities 601 648 768 633 753 884 1088 1141 1248 1461 1093
Fixed Assets 222 215 235 214 199 253 242 239 222 225 212
Other Non-Current Assets 65 53 55 39 46 111 41 68 163 48 16
Total Current Assets 315 380 478 380 508 520 804 833 863 1188 865
Total Assets 601 648 768 633 753 884 1088 1141 1248 1461 1093

TV Today Network Cash Flow

#(Fig in Cr.) Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Opening Cash & Cash Equivalents 12 29 55 60 12 13 20 27 44 26 28
Cash Flow from Operating Activities 39 81 78 -36 120 152 125 201 166 235 41
Cash Flow from Investing Activities -15 -3 -49 -0 -103 -94 -104 -15 -166 -211 371
Cash Flow from Financing Activities -7 -52 -18 -13 -16 -59 -14 -168 -17 -22 -427
Net Cash Inflow / Outflow 17 26 11 -49 1 -0 7 17 -17 2 -15
Closing Cash & Cash Equivalent 29 55 66 12 13 12 27 44 26 28 14

TV Today Network Ratios

# Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Earnings Per Share (Rs) 2.05 10.31 13.59 10.62 17.13 19.94 21.97 23.36 22.04 30.42 14.79
CEPS(Rs) 5.59 14.37 20.17 15.53 21.76 25.21 27.26 29.81 28.77 37.52 21.71
DPS(Rs) 0.75 1 1.5 1.75 2 2.25 2.25 22.25 2.5 3 70
Book NAV/Share(Rs) 54.53 63.68 75.44 79.14 97.4 110.92 150.17 146.17 166.03 194.06 138.86
Core EBITDA Margin(%) 11.06 28.06 30.63 27.8 24.9 28.8 26.89 25.19 25.43 25.84 14.07
EBIT Margin(%) 6.69 24.86 29.04 20.82 24.99 25.96 27.59 25.75 25.04 26.45 14.09
Pre Tax Margin(%) 5.62 23.94 28.72 19.72 23.7 25.44 27.47 25.42 24.73 26.16 13.7
PAT Margin (%) 3.91 15.75 19.63 10.62 15.4 16.5 17.66 16.26 16.79 19.52 10.05
Cash Profit Margin (%) 10.63 21.96 26.15 15.93 19.9 20.86 21.91 20.75 21.92 24.07 14.75
ROA(%) 2.1 9.82 12.76 8.82 14.5 14.53 13.3 12.51 11.01 13.4 6.91
ROE(%) 3.81 17.45 21.79 13.4 19.08 19.14 16.83 15.77 14.12 16.9 8.89
ROCE(%) 5.52 24.78 31.33 24.85 28.76 29.3 26.24 24.93 21.06 22.9 12.46
Receivable days 106.89 95.7 97.96 90.2 92.39 92.24 90.86 86.17 97.78 76.78 83.99
Inventory Days 0 0 0 0.89 0.84 0.83 1.03 0.76 0 0 0
Payable days 0 0 0 6319.05 9565.67 0 9388.43 0 0 0 0
PER(x) 30.43 11.46 15.92 29.11 15.05 24.56 14.33 7.08 12.1 12.18 12.23
Price/Book(x) 1.15 1.86 2.87 3.91 2.65 4.42 2.1 1.13 1.61 1.91 1.3
Dividend Yield(%) 1.2 0.85 0.69 0.57 0.78 0.46 0.71 13.46 0.94 0.81 38.68
EV/Net Sales(x) 1.28 1.7 2.61 2.96 2.01 3.78 2.14 0.99 1.7 2.18 1.16
EV/Core EBITDA(x) 9.55 5.48 7.35 9.44 7.13 11.72 6.74 3.26 5.63 7.04 5.81
Net Sales Growth(%) 1.37 24.56 18.16 26.39 12.15 10.52 2.96 15.49 -8.66 18.79 -5.58
EBIT Growth(%) 17.17 362.55 38.05 -9.39 34.63 14.79 9.42 7.82 -11.18 25.44 -49.71
PAT Growth(%) 16.05 402.13 47.27 -31.61 62.65 18.39 10.23 6.3 -5.64 38.03 -51.39
EPS Growth(%) 16.05 401.86 31.78 -21.81 61.31 16.36 10.21 6.3 -5.64 38.03 -51.39
Debt/Equity(x) 0.19 0.05 0.01 0.1 0.06 0 0 0 0 0 0
Current Ratio(x) 1.2 1.4 1.49 2.46 2.98 2.33 3.33 3.07 3.44 4.16 3.48
Quick Ratio(x) 1.2 1.4 1.49 2.5 2.97 2.4 3.32 3.07 3.44 4.16 3.48
Interest Cover(x) 6.26 26.96 90.44 18.91 19.38 50.1 248.79 78.01 80.36 93.17 37.04
Total Debt/Mcap(x) 0.16 0.02 0.01 0.02 0.02 0 0 0 0 0 0

TV Today Network Shareholding Pattern

# Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Promoter 58.45 58.45 58.45 58.45 58.45 58.45 58.45 58.45 58.45 58.45
FII 4.65 4.37 4.13 3.77 3.22 1.97 1.52 1.47 1.47 1.63
DII 16.21 16.51 16.39 15.94 15.37 14.6 14.6 13.92 12.97 12.95
Public 20.69 20.67 21.03 21.84 22.96 24.98 25.43 26.15 27.11 26.96
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is providing a good dividend yield of 30.7 %.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 13% over the last 3 years.
  • The company has delivered a poor profit growth of -5% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

TV Today Network News

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