T.V. Today Network Ltd
T.V. Today Network Ltd is engaged in broadcasting television news channels, radio stations and newspaper publishing in India. The company broadcasts 24-hour news channels Aaj Tak, Tez, and Aaj Tak HD in Hindi; and India Today Television in English. It also runs radio stations (Ishq 104.8 FM) in Delhi, Mumbai, and Kolkata. [1][2]
- Market Cap ₹ 1,394 Cr.
- Current Price ₹ 234
- High / Low ₹ 308 / 192
- Stock P/E 13.6
- Book Value ₹ 145
- Dividend Yield 3.63 %
- ROCE 9.68 %
- ROE 7.05 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 191%
Cons
- The company has delivered a poor sales growth of 5.20% over past five years.
- Company has a low return on equity of 11.5% over last 3 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.
Peer comparison
Sector: Media - Print/Television/Radio Industry: Entertainment / Electronic Media Software
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
313 | 389 | 477 | 542 | 617 | 691 | 739 | 856 | 783 | 930 | 878 | 952 | 1,041 | |
278 | 280 | 345 | 341 | 452 | 474 | 540 | 638 | 584 | 685 | 747 | 863 | 896 | |
Operating Profit | 35 | 109 | 132 | 201 | 165 | 217 | 199 | 218 | 199 | 245 | 131 | 89 | 145 |
OPM % | 11% | 28% | 28% | 37% | 27% | 31% | 27% | 25% | 25% | 26% | 15% | 9% | 14% |
7 | 12 | 23 | -56 | 29 | 2 | 36 | 43 | 37 | 44 | 34 | 33 | 33 | |
Interest | 3 | 4 | 1 | 1 | 2 | 1 | 1 | 3 | 2 | 3 | 3 | 3 | 3 |
Depreciation | 21 | 24 | 30 | 31 | 29 | 31 | 32 | 38 | 40 | 42 | 41 | 41 | 41 |
Profit before tax | 18 | 93 | 123 | 114 | 163 | 188 | 203 | 220 | 193 | 244 | 120 | 77 | 134 |
Tax % | 31% | 34% | 34% | 47% | 33% | 34% | 36% | 35% | 32% | 25% | 27% | 27% | |
12 | 61 | 81 | 61 | 109 | 123 | 130 | 142 | 131 | 182 | 88 | 56 | 99 | |
EPS in Rs | 2.05 | 10.31 | 13.58 | 10.20 | 18.31 | 20.70 | 21.80 | 23.82 | 21.98 | 30.45 | 14.76 | 9.45 | 16.60 |
Dividend Payout % | 37% | 10% | 11% | 17% | 11% | 11% | 10% | 93% | 11% | 10% | 474% | 90% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 5% |
3 Years: | 7% |
TTM: | 18% |
Compounded Profit Growth | |
---|---|
10 Years: | 0% |
5 Years: | -14% |
3 Years: | -23% |
TTM: | 53% |
Stock Price CAGR | |
---|---|
10 Years: | 1% |
5 Years: | -5% |
3 Years: | -7% |
1 Year: | 11% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 13% |
3 Years: | 12% |
Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
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 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 |
Reserves | 295 | 349 | 420 | 478 | 607 | 692 | 864 | 843 | 961 | 1,128 | 799 | 838 |
60 | 17 | 7 | 0 | 0 | 0 | 3 | 21 | 17 | 32 | 34 | 34 | |
99 | 102 | 120 | 115 | 139 | 162 | 175 | 201 | 202 | 223 | 211 | 226 | |
Total Liabilities | 484 | 499 | 577 | 623 | 776 | 884 | 1,071 | 1,094 | 1,210 | 1,413 | 1,074 | 1,127 |
222 | 215 | 235 | 214 | 199 | 252 | 247 | 245 | 226 | 227 | 214 | 193 | |
CWIP | 10 | 2 | 3 | 5 | 4 | 2 | 4 | 0 | 1 | 1 | 1 | 3 |
Investments | 46 | 46 | 46 | 3 | 34 | 68 | 3 | 3 | 2 | 2 | 1 | 1 |
207 | 236 | 293 | 401 | 539 | 562 | 817 | 846 | 981 | 1,182 | 857 | 930 | |
Total Assets | 484 | 499 | 577 | 623 | 776 | 884 | 1,071 | 1,094 | 1,210 | 1,413 | 1,074 | 1,127 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
39 | 81 | 78 | -32 | 19 | 156 | 125 | 201 | 166 | 236 | 41 | 15 | |
-15 | -3 | -49 | 1 | -2 | -137 | -104 | -15 | -166 | -211 | 371 | 35 | |
-7 | -52 | -18 | -11 | -14 | -29 | -14 | -168 | -17 | -22 | -427 | -28 | |
Net Cash Flow | 17 | 26 | 11 | -42 | 3 | -9 | 7 | 17 | -17 | 2 | -15 | 22 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
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 | 110 | 103 | 105 | 95 | 102 | 94 | 90 | 93 | 93 | 75 | 88 | 106 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 110 | 103 | 105 | 95 | 102 | 94 | 90 | 93 | 93 | 75 | 88 | 106 |
Working Capital Days | 56 | 47 | 53 | 59 | 61 | 51 | 134 | 181 | 165 | 285 | 232 | 162 |
ROCE % | 5% | 25% | 29% | 31% | 27% | 31% | 25% | 25% | 21% | 22% | 13% | 10% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Change in Directorate
24 Sep - Appointment of Mr. Sunil Bajaj and resignation of Mr. Devajyoti Bhattacharya.
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Closure of Trading Window
24 Sep - Board meeting scheduled for financial results approval.
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Board Meeting Intimation for Consideration, Approval And Take On Record The Unaudited Standalone & Consolidated Financial Results Of The Company For The Quarter And Half Year Ending On September 30, 2024.
24 Sep - Board meeting scheduled for financial results approval.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 19 Sep
-
Shareholder Meeting / Postal Ballot-Outcome of AGM
18 Sep - Proceedings of 25th Annual General Meeting held.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
from bse
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from nse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Market Position
Aaj Tak has maintained its leadership among Hindi news channels in the new Audience Measurement System BARC with a total viewership of 85 crore Gross AMAs.
India Today Television has also obtained leadership positions in critical news and events.
Good News Today has the second highest reach among Hindi news channels in the Freeview distribution platform, crossing news channels — Zee News, ABP News, Zee Hindustan, and Times Now Navbharat in terms of viewership. [1]