Sun TV Network Ltd

Sun TV Network Ltd

₹ 631 1.02%
12 Jun - close price
About

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]

Key Points

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“

  • Market Cap 24,881 Cr.
  • Current Price 631
  • High / Low 922 / 506
  • Stock P/E 14.6
  • Book Value 290
  • Dividend Yield 2.65 %
  • ROCE 20.5 %
  • ROE 15.7 %
  • Face Value 5.00

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 35.4%

Cons

  • The company has delivered a poor sales growth of 2.64% over past five years.
  • Working capital days have increased from 258 days to 613 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
833 1,194 796 858 814 1,318 1,018 885 927 1,276 900 794 909
280 430 272 284 326 531 302 312 419 570 371 361 482
Operating Profit 553 764 525 573 488 786 716 574 509 706 529 432 427
OPM % 66% 64% 66% 67% 60% 60% 70% 65% 55% 55% 59% 54% 47%
54 101 86 94 81 116 107 129 130 140 164 134 153
Interest 3 1 1 1 1 2 1 1 1 1 3 3 3
Depreciation 65 208 75 109 75 85 214 111 104 109 191 109 112
Profit before tax 539 655 534 557 492 815 608 591 534 736 498 455 465
Tax % 25% 25% 25% 25% 26% 28% 25% 26% 25% 26% 20% 24% 22%
404 492 401 416 366 583 456 437 399 547 398 347 362
EPS in Rs 10.26 12.48 10.17 10.56 9.28 14.79 11.58 11.10 10.12 13.88 10.10 8.81 9.19
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
2,097 2,244 2,395 2,558 2,862 3,663 3,404 3,117 3,505 3,661 4,148 3,879
635 629 1,211 820 903 1,099 1,168 1,049 1,241 1,312 1,563 1,784
Operating Profit 1,462 1,614 1,185 1,739 1,959 2,564 2,236 2,068 2,264 2,349 2,585 2,094
OPM % 70% 72% 49% 68% 68% 70% 66% 66% 65% 64% 62% 54%
79 88 637 144 140 220 249 271 245 362 482 592
Interest 3 2 2 1 1 2 8 22 29 5 5 10
Depreciation 453 588 485 391 440 647 679 382 287 468 514 522
Profit before tax 1,085 1,112 1,334 1,490 1,658 2,136 1,798 1,935 2,193 2,238 2,549 2,154
Tax % 34% 34% 35% 34% 34% 35% 24% 21% 25% 25% 26% 23%
717 737 870 979 1,093 1,395 1,372 1,520 1,645 1,675 1,875 1,654
EPS in Rs 18.19 18.71 22.07 24.85 27.74 35.39 34.81 38.58 41.74 42.49 47.58 41.98
Dividend Payout % 52% 60% 70% 40% 36% 21% 72% 13% 33% 35% 35% 36%
Compounded Sales Growth
10 Years: 6%
5 Years: 3%
3 Years: 3%
TTM: -7%
Compounded Profit Growth
10 Years: 9%
5 Years: 6%
3 Years: 3%
TTM: -9%
Stock Price CAGR
10 Years: 8%
5 Years: 11%
3 Years: 15%
1 Year: -19%
Return on Equity
10 Years: 21%
5 Years: 19%
3 Years: 18%
Last Year: 16%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 197 197 197 197 197 197 197 197 197 197 197 197
Reserves 2,975 3,183 3,321 3,825 4,443 5,243 5,427 6,752 7,856 8,941 10,156 11,220
0 0 0 0 0 0 0 41 58 32 8 96
307 211 265 328 550 629 693 788 622 785 815 829
Total Liabilities 3,479 3,591 3,782 4,350 5,190 6,069 6,317 7,778 8,733 9,955 11,176 12,342
1,242 1,074 820 1,102 1,039 936 946 768 1,633 1,591 1,585 1,794
CWIP 0 0 1 1 46 13 66 146 244 131 145 17
Investments 677 694 864 1,454 2,412 3,050 2,949 3,764 3,857 5,631 7,075 8,242
1,560 1,823 2,098 1,792 1,693 2,070 2,355 3,100 3,000 2,602 2,372 2,289
Total Assets 3,479 3,591 3,782 4,350 5,190 6,069 6,317 7,778 8,733 9,955 11,176 12,342

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
1,158 1,141 1,256 1,301 1,344 1,777 1,610 1,444 1,614 2,057 2,137 1,625
-751 -499 -359 -724 -1,265 -1,065 -366 -1,142 -1,009 -1,524 -1,288 -1,050
-431 -635 -737 -475 -475 -596 -1,217 -243 -596 -621 -692 -611
Net Cash Flow -24 7 160 102 -397 116 28 59 9 -89 158 -37

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 99 111 112 103 129 108 140 163 148 143 107 111
Inventory Days
Days Payable
Cash Conversion Cycle 99 111 112 103 129 108 140 163 148 143 107 111
Working Capital Days 86 114 137 87 85 77 104 104 109 91 70 613
ROCE % 36% 34% 31% 39% 38% 41% 30% 30% 28% 25% 26% 20%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
9.32% 9.79% 10.44% 10.56% 10.39% 10.57% 9.01% 8.87% 7.89% 7.23% 7.11% 6.87%
4.73% 3.94% 3.79% 3.61% 3.67% 4.47% 6.59% 6.50% 8.23% 10.00% 10.17% 10.45%
10.95% 11.27% 10.77% 10.83% 10.95% 9.96% 9.40% 9.62% 8.89% 7.77% 7.70% 7.67%
No. of Shareholders 1,23,0551,16,2781,16,1431,19,9711,19,04499,89595,3621,00,8031,01,5171,10,0211,14,8651,03,912

* 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.

Documents