Sun TV Network Ltd
Sun TV Network was established in 1985 as Sumangali Publications Private Limited and was later renamed as Sun TV Network Limited. Sun TV, the flagship channel of the company, was started in 1993. STNL is primarily involved in television broadcasting. Besides, it produces/distributes movies under the banner Sun Pictures[1]
- Market Cap ₹ 25,184 Cr.
- Current Price ₹ 639
- High / Low ₹ 922 / 506
- Stock P/E 14.9
- Book Value ₹ 282
- Dividend Yield 2.62 %
- ROCE 26.0 %
- ROE 19.2 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 34.5%
- Company's working capital requirements have reduced from 89.9 days to 70.1 days
Cons
- The company has delivered a poor sales growth of 2.52% 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.
Peer comparison
Sector: Entertainment Industry: Entertainment / Electronic Media Software
Part of BSE 500 BSE Allcap BSE Consumer Discretionary BSE 150 MidCap Index BSE 250 LargeMidCap Index
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,818 | 2,097 | 2,244 | 2,395 | 2,558 | 2,862 | 3,663 | 3,404 | 3,117 | 3,505 | 3,661 | 4,148 | 3,897 | |
441 | 635 | 629 | 1,211 | 820 | 903 | 1,099 | 1,168 | 1,049 | 1,241 | 1,312 | 1,563 | 1,721 | |
Operating Profit | 1,377 | 1,462 | 1,614 | 1,185 | 1,739 | 1,959 | 2,564 | 2,236 | 2,068 | 2,264 | 2,349 | 2,585 | 2,176 |
OPM % | 76% | 70% | 72% | 49% | 68% | 68% | 70% | 66% | 66% | 65% | 64% | 62% | 56% |
55 | 79 | 88 | 637 | 144 | 140 | 220 | 249 | 271 | 245 | 362 | 482 | 568 | |
Interest | 5 | 3 | 2 | 2 | 1 | 1 | 2 | 8 | 22 | 29 | 5 | 5 | 8 |
Depreciation | 413 | 453 | 588 | 485 | 391 | 440 | 647 | 679 | 382 | 287 | 468 | 514 | 513 |
Profit before tax | 1,014 | 1,085 | 1,112 | 1,334 | 1,490 | 1,658 | 2,136 | 1,798 | 1,935 | 2,193 | 2,238 | 2,549 | 2,224 |
Tax % | 33% | 34% | 34% | 35% | 34% | 34% | 35% | 24% | 21% | 25% | 25% | 26% | |
683 | 717 | 737 | 870 | 979 | 1,093 | 1,395 | 1,372 | 1,520 | 1,645 | 1,675 | 1,875 | 1,691 | |
EPS in Rs | 17.34 | 18.19 | 18.71 | 22.07 | 24.85 | 27.74 | 35.39 | 34.81 | 38.58 | 41.74 | 42.49 | 47.58 | 42.91 |
Dividend Payout % | 55% | 52% | 60% | 70% | 40% | 36% | 21% | 72% | 13% | 33% | 35% | 35% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 3% |
3 Years: | 10% |
TTM: | -3% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 7% |
3 Years: | 9% |
TTM: | -8% |
Stock Price CAGR | |
---|---|
10 Years: | 6% |
5 Years: | 11% |
3 Years: | 9% |
1 Year: | -4% |
Return on Equity | |
---|---|
10 Years: | 22% |
5 Years: | 21% |
3 Years: | 20% |
Last Year: | 19% |
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 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 |
Reserves | 2,696 | 2,975 | 3,183 | 3,321 | 3,825 | 4,443 | 5,243 | 5,427 | 6,752 | 7,856 | 8,941 | 10,156 | 10,904 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 41 | 58 | 32 | 8 | 100 | |
301 | 307 | 211 | 265 | 328 | 550 | 629 | 693 | 788 | 622 | 785 | 815 | 684 | |
Total Liabilities | 3,194 | 3,479 | 3,591 | 3,782 | 4,350 | 5,190 | 6,069 | 6,317 | 7,778 | 8,733 | 9,955 | 11,176 | 11,885 |
1,222 | 1,242 | 1,074 | 820 | 1,102 | 1,039 | 936 | 946 | 768 | 1,633 | 1,591 | 1,585 | 1,662 | |
CWIP | 0 | 0 | 0 | 1 | 1 | 46 | 13 | 66 | 146 | 244 | 131 | 145 | 2 |
Investments | 468 | 677 | 694 | 864 | 1,454 | 2,412 | 3,050 | 2,949 | 3,764 | 3,857 | 5,631 | 7,075 | 8,046 |
1,503 | 1,560 | 1,823 | 2,098 | 1,792 | 1,693 | 2,070 | 2,355 | 3,100 | 3,000 | 2,602 | 2,372 | 2,176 | |
Total Assets | 3,194 | 3,479 | 3,591 | 3,782 | 4,350 | 5,190 | 6,069 | 6,317 | 7,778 | 8,733 | 9,955 | 11,176 | 11,885 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
836 | 1,158 | 1,141 | 1,256 | 1,301 | 1,344 | 1,777 | 1,610 | 1,444 | 1,614 | 2,057 | 2,137 | |
-440 | -751 | -499 | -359 | -724 | -1,265 | -1,065 | -366 | -1,142 | -1,009 | -1,524 | -1,288 | |
-382 | -431 | -635 | -737 | -475 | -475 | -596 | -1,217 | -243 | -596 | -621 | -692 | |
Net Cash Flow | 13 | -24 | 7 | 160 | 102 | -397 | 116 | 28 | 59 | 9 | -89 | 158 |
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 | 107 | 99 | 111 | 112 | 103 | 129 | 108 | 140 | 163 | 148 | 143 | 107 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 107 | 99 | 111 | 112 | 103 | 129 | 108 | 140 | 163 | 148 | 143 | 107 |
Working Capital Days | 93 | 86 | 114 | 137 | 87 | 85 | 77 | 104 | 104 | 109 | 91 | 70 |
ROCE % | 37% | 36% | 34% | 31% | 39% | 38% | 41% | 30% | 30% | 28% | 25% | 26% |
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
11 Apr - Certificate under Regulation 74(5) for Q1 2025.
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Disclosure Under Regulation 30 Of SEBI LODR 2015
1 Apr - NCLT approves amalgamation of Udaya FM with KaiRadio.
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Closure of Trading Window
27 Mar - Trading window closure for insider trading regulations.
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Disclosure Under Regulation 30 Of SEBI LODR Regulation 2015
24 Mar - Company disputes tax order under CCST/ICST Act.
- Corporate Action-Board approves Dividend 7 Mar
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Business[1]
Company is one of the largest Television Broadcasters in India operating Satellite Television Channels across six languages of Tamil, Telugu, Kannada, Malayalam, Marathi and Bangla and presently airing FM radio. The Company produces its own content / acquires the related rights. The Company is the owner of IPL franchise “SunRisers Hyderabad” & SunRisers Eastern Cape Cricket South Africa’s T20 League, and also opened a branch office in South Africa. The Company also operates an OTT platform “SUNNXT“