New Delhi Television Ltd

New Delhi Television Ltd

₹ 235 -1.21%
14 Jun - close price
About

New Delhi Television Limited (NDTV) is in the business of television media and currently operates three channels including a dual-channel (NDTV 24x7, NDTV India, and NDTV Profit). NDTV, through its subsidiaries, has expanded its presence beyond news and television into digital content, e-commerce, etc.[1][2]

Key Points

Revenue Split
The company majorly gets its revenue from advertisements sales, event sales and subscription revenue (DTH and cable operators).
Advertising Sales: 63% in FY21 vs 65% in FY18
Subscription Revenue: 9% in FY21 vs 13% in FY18
Events: 4% in FY21 vs 8% in FY18
Other Business Income: 6% in FY21 vs 11% in FY18. [1][2]

  • Market Cap 1,516 Cr.
  • Current Price 235
  • High / Low 308 / 186
  • Stock P/E
  • Book Value 55.9
  • Dividend Yield 0.00 %
  • ROCE -0.04 %
  • ROE -3.19 %
  • Face Value 4.00

Pros

Cons

  • Stock is trading at 4.21 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -1.86% over past five years.
  • Company has a low return on equity of 5.91% over last 3 years.
  • Earnings include an other income of Rs.28.4 Cr.
  • Company has high debtors of 175 days.

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
48.41 51.95 54.67 66.07 58.22 63.24 58.84 56.94 41.64 38.97 61.90 62.97 65.12
50.18 41.55 45.44 45.14 40.68 50.76 48.39 51.06 48.45 47.95 55.81 68.64 77.48
Operating Profit -1.77 10.40 9.23 20.93 17.54 12.48 10.45 5.88 -6.81 -8.98 6.09 -5.67 -12.36
OPM % -3.66% 20.02% 16.88% 31.68% 30.13% 19.73% 17.76% 10.33% -16.35% -23.04% 9.84% -9.00% -18.98%
26.52 11.82 8.74 3.57 7.08 6.14 4.07 5.16 14.46 4.91 5.73 5.06 13.23
Interest 4.53 3.66 3.15 2.62 2.34 1.60 1.66 1.71 1.49 1.30 1.65 3.39 5.16
Depreciation 2.49 4.66 4.64 4.58 4.50 4.57 4.66 4.50 2.81 2.05 2.09 2.18 2.46
Profit before tax 17.73 13.90 10.18 17.30 17.78 12.45 8.20 4.83 3.35 -7.42 8.08 -6.18 -6.75
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 4.55% 0.00% 0.00% 0.00% 0.00% 0.00%
17.73 13.90 10.18 17.30 17.78 12.45 8.20 4.61 3.35 -7.42 8.08 -6.18 -6.75
EPS in Rs 2.75 2.16 1.58 2.68 2.76 1.93 1.27 0.72 0.52 -1.15 1.25 -0.96 -1.05
Raw PDF

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
391 350 429 429 378 299 252 222 197 231 221 229
383 373 398 420 395 332 230 204 179 170 198 249
Operating Profit 8 -23 31 8 -17 -34 21 18 18 61 23 -20
OPM % 2% -7% 7% 2% -4% -11% 8% 8% 9% 27% 10% -9%
19 13 -3 5 5 0 18 19 43 28 29 28
Interest 22 20 20 16 16 15 17 16 16 12 6 12
Depreciation 24 23 21 18 16 13 9 9 8 18 17 9
Profit before tax -20 -53 -14 -21 -44 -62 13 13 38 59 29 -12
Tax % -4% -1% -87% -3% -2% 1% 0% 0% 0% 0% 1% 0%
-20 -54 -26 -22 -45 -61 13 13 38 59 29 -12
EPS in Rs -3.15 -8.31 -3.97 -3.35 -6.99 -9.53 2.07 2.02 5.89 9.18 4.44 -1.90
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -4%
5 Years: -2%
3 Years: 5%
TTM: 4%
Compounded Profit Growth
10 Years: 6%
5 Years: %
3 Years: %
TTM: -163%
Stock Price CAGR
10 Years: 11%
5 Years: 46%
3 Years: 50%
1 Year: -2%
Return on Equity
10 Years: -1%
5 Years: 6%
3 Years: 6%
Last Year: -3%

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 26 26 26 26 26 26 26 26 26 26 26 26
Reserves 393 339 314 292 264 199 210 222 260 320 348 335
231 196 180 133 122 121 95 97 74 33 19 198
91 111 156 185 243 290 316 348 299 252 240 270
Total Liabilities 741 672 675 636 654 636 647 692 659 630 633 828
116 85 73 59 56 44 35 45 45 53 47 131
CWIP 2 0 0 0 0 0 0 0 0 0 0 36
Investments 309 311 308 275 296 302 309 322 332 337 332 348
315 275 294 302 302 290 303 325 282 240 254 313
Total Assets 741 672 675 636 654 636 647 692 659 630 633 828

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
-24 8 30 42 28 17 27 24 30 60 10 -58
21 46 5 14 -1 -0 12 1 14 7 16 -34
3 -54 -36 -56 -28 -15 -41 -23 -44 -69 -20 90
Net Cash Flow 0 0 -0 0 0 1 -2 3 -0 -2 5 -1

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 147 135 136 121 128 137 184 219 164 111 108 175
Inventory Days
Days Payable
Cash Conversion Cycle 147 135 136 121 128 137 184 219 164 111 108 175
Working Capital Days 118 92 93 64 73 4 20 -5 -140 -108 -150 -93
ROCE % -1% -7% 3% -1% -5% -9% 10% 7% 10% 18% 7% -0%

Shareholding Pattern

Numbers in percentages

6 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
61.45% 61.45% 61.45% 61.45% 61.45% 61.44% 69.71% 69.71% 69.71% 69.71% 69.71% 69.71%
14.17% 14.53% 14.50% 14.62% 14.70% 14.72% 5.33% 3.00% 0.02% 0.05% 0.13% 0.14%
0.00% 0.00% 0.00% 0.28% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.00% 0.00%
24.38% 24.03% 24.05% 23.65% 23.85% 23.84% 24.96% 27.28% 30.26% 30.21% 30.15% 30.14%
No. of Shareholders 22,20423,98826,84328,32030,66456,60266,29881,46888,26184,20285,84683,769

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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