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 ₹ 24,908 Cr.
- Current Price ₹ 632
- High / Low ₹ 922 / 568
- Stock P/E 13.6
- Book Value ₹ 287
- Dividend Yield 2.65 %
- ROCE 26.2 %
- ROE 19.3 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 34.0%
- Company's working capital requirements have reduced from 89.9 days to 70.4 days
Cons
- The company has delivered a poor sales growth of 2.51% 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 400 MidSmallCap Index Nifty Total Market BSE Consumer Discretionary BSE Allcap BSE 150 MidCap Index
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,923 | 2,224 | 2,395 | 2,474 | 2,646 | 2,963 | 3,783 | 3,520 | 3,177 | 3,585 | 3,772 | 4,282 | 4,131 | |
514 | 716 | 718 | 1,253 | 874 | 959 | 1,176 | 1,248 | 1,111 | 1,306 | 1,379 | 1,644 | 1,759 | |
Operating Profit | 1,409 | 1,508 | 1,678 | 1,221 | 1,772 | 2,004 | 2,607 | 2,272 | 2,065 | 2,279 | 2,393 | 2,638 | 2,372 |
OPM % | 73% | 68% | 70% | 49% | 67% | 68% | 69% | 65% | 65% | 64% | 63% | 62% | 57% |
72 | 87 | 99 | 677 | 181 | 165 | 242 | 260 | 306 | 256 | 380 | 515 | 604 | |
Interest | 5 | 3 | 2 | 2 | 1 | 1 | 2 | 13 | 27 | 33 | 9 | 9 | 10 |
Depreciation | 442 | 478 | 615 | 497 | 400 | 450 | 663 | 700 | 404 | 306 | 486 | 532 | 532 |
Profit before tax | 1,035 | 1,113 | 1,159 | 1,399 | 1,551 | 1,718 | 2,185 | 1,819 | 1,941 | 2,195 | 2,278 | 2,613 | 2,433 |
Tax % | 32% | 33% | 32% | 34% | 34% | 34% | 34% | 24% | 21% | 25% | 25% | 26% | |
712 | 757 | 796 | 922 | 1,031 | 1,136 | 1,434 | 1,385 | 1,525 | 1,642 | 1,707 | 1,926 | 1,838 | |
EPS in Rs | 18.01 | 18.98 | 19.84 | 23.39 | 26.14 | 28.80 | 36.37 | 35.15 | 38.70 | 41.66 | 43.30 | 48.85 | 46.62 |
Dividend Payout % | 53% | 50% | 57% | 66% | 38% | 35% | 21% | 71% | 13% | 33% | 35% | 34% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 3% |
3 Years: | 10% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 7% |
3 Years: | 9% |
TTM: | -1% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 5% |
3 Years: | 8% |
1 Year: | -2% |
Return on Equity | |
---|---|
10 Years: | 22% |
5 Years: | 21% |
3 Years: | 20% |
Last Year: | 19% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 2,588 | 2,898 | 3,151 | 3,277 | 3,831 | 4,491 | 5,329 | 5,527 | 6,857 | 7,958 | 9,075 | 10,339 | 11,110 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 80 | 95 | 63 | 38 | 128 | |
446 | 468 | 397 | 285 | 350 | 585 | 670 | 782 | 812 | 648 | 814 | 847 | 722 | |
Total Liabilities | 3,232 | 3,564 | 3,745 | 3,759 | 4,378 | 5,273 | 6,197 | 6,507 | 7,946 | 8,898 | 10,148 | 11,421 | 12,158 |
1,377 | 1,373 | 1,179 | 845 | 1,225 | 1,153 | 1,112 | 1,145 | 946 | 1,791 | 1,729 | 1,707 | 1,776 | |
CWIP | 3 | 2 | 2 | 1 | 2 | 49 | 13 | 66 | 146 | 244 | 131 | 145 | 2 |
Investments | 244 | 472 | 506 | 636 | 1,148 | 2,147 | 2,801 | 2,692 | 3,504 | 3,589 | 5,512 | 7,061 | 8,072 |
1,609 | 1,717 | 2,058 | 2,278 | 2,004 | 1,923 | 2,271 | 2,603 | 3,351 | 3,274 | 2,775 | 2,508 | 2,309 | |
Total Assets | 3,232 | 3,564 | 3,745 | 3,759 | 4,378 | 5,273 | 6,197 | 6,507 | 7,946 | 8,898 | 10,148 | 11,421 | 12,158 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
869 | 1,195 | 1,162 | 1,299 | 1,296 | 1,371 | 1,824 | 1,656 | 1,464 | 1,634 | 2,096 | 2,171 | |
-477 | -786 | -518 | -401 | -716 | -1,294 | -1,113 | -406 | -1,152 | -1,026 | -1,553 | -1,313 | |
-382 | -431 | -635 | -737 | -475 | -475 | -596 | -1,222 | -249 | -603 | -631 | -697 | |
Net Cash Flow | 10 | -22 | 9 | 160 | 104 | -398 | 115 | 27 | 63 | 5 | -88 | 161 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 111 | 103 | 115 | 115 | 107 | 131 | 109 | 142 | 165 | 149 | 143 | 107 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 111 | 103 | 115 | 115 | 107 | 131 | 109 | 142 | 165 | 149 | 143 | 107 |
Working Capital Days | 96 | 84 | 113 | 137 | 89 | 89 | 78 | 102 | 105 | 109 | 90 | 70 |
ROCE % | 37% | 36% | 35% | 32% | 41% | 39% | 42% | 30% | 29% | 27% | 25% | 26% |
Documents
Announcements
- Corporate Action - Revised Record Date For The Interim Dividend, If Any 10h
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Disclosure Under Regulation 30 Of SEBI LODR 2015.
1d - Approval of Composite Scheme of Arrangement for amalgamation.
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Corporate Action - Fixes Record Date For The Interim Dividend, If Any
1d - Record date for interim dividend set for February 10, 2025.
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Board Meeting Intimation for Considering Unaudited Financial Results For The Quarter Ended 31St December 2024 And Interim Dividend If Any
1d - Board meeting to discuss Q4 results and interim dividend.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
13 Jan - Certificate under Regulation 74(5) for Q4 2024.
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
from nse
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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“