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 ₹ 22,563 Cr.
- Current Price ₹ 573
- High / Low ₹ 784 / 506
- Stock P/E 13.7
- Book Value ₹ 306
- Dividend Yield 2.62 %
- ROCE 20.4 %
- 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.
* 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,097 | 2,244 | 2,395 | 2,558 | 2,862 | 3,663 | 3,404 | 3,117 | 3,505 | 3,661 | 4,148 | 3,879 | 4,128 | |
| 635 | 629 | 1,211 | 820 | 903 | 1,099 | 1,168 | 1,049 | 1,241 | 1,312 | 1,563 | 1,783 | 1,902 | |
| Operating Profit | 1,462 | 1,614 | 1,185 | 1,739 | 1,959 | 2,564 | 2,236 | 2,068 | 2,264 | 2,349 | 2,585 | 2,095 | 2,226 |
| OPM % | 70% | 72% | 49% | 68% | 68% | 70% | 66% | 66% | 65% | 64% | 62% | 54% | 54% |
| 79 | 88 | 637 | 144 | 140 | 220 | 249 | 271 | 245 | 362 | 482 | 590 | 572 | |
| Interest | 3 | 2 | 2 | 1 | 1 | 2 | 8 | 22 | 29 | 5 | 5 | 10 | 10 |
| Depreciation | 453 | 588 | 485 | 391 | 440 | 647 | 679 | 382 | 287 | 468 | 514 | 522 | 724 |
| 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 | 2,064 |
| 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 | 1,568 | |
| 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 | 39.78 |
| 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: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 6% |
| 3 Years: | 3% |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 4% |
| 5 Years: | 6% |
| 3 Years: | 6% |
| 1 Year: | -23% |
| 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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 197 | 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 | 11,881 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 41 | 58 | 32 | 8 | 96 | 89 | |
| 307 | 211 | 265 | 328 | 550 | 629 | 693 | 788 | 622 | 785 | 815 | 829 | 794 | |
| 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 | 12,961 |
| 1,242 | 1,074 | 820 | 1,102 | 1,039 | 936 | 946 | 768 | 1,633 | 1,591 | 1,585 | 1,467 | 1,791 | |
| CWIP | 0 | 0 | 1 | 1 | 46 | 13 | 66 | 146 | 244 | 131 | 145 | 344 | 14 |
| Investments | 677 | 694 | 864 | 1,454 | 2,412 | 3,050 | 2,949 | 3,764 | 3,857 | 5,631 | 7,075 | 8,242 | 8,861 |
| 1,560 | 1,823 | 2,098 | 1,792 | 1,693 | 2,070 | 2,355 | 3,100 | 3,000 | 2,602 | 2,372 | 2,289 | 2,295 | |
| 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 | 12,961 |
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 | -1,049 | |
| -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 | -35 |
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 | 101 | 106 | 88 | 70 | 71 |
| ROCE % | 36% | 34% | 31% | 39% | 38% | 41% | 30% | 30% | 28% | 25% | 26% | 20% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
5m - Newspaper publication of Unaudited financial results for quarter and half-year ended 30th September 2025
- Corporate Action-Board approves Dividend 2d
-
Board Meeting Outcome for Board Meeting Outcome - 14.11.2025
2d - Unaudited Q2 revenues Rs1,168.99cr; PAT Rs329.79cr; interim dividend Rs3.75/share; acquired Sunrisers Leeds for GBP100.5m.
-
Unaudited Financial Results For The Quarter And Half Year Ended 30Th September 2025
2d - Unaudited Q2 results: Revenues Rs1,168.99cr, PAT Rs329.79cr; interim dividend Rs3.75/sh; acquired Sunrisers Leeds for GBP100.5m.
- Corporate Action - Fixes Record Date For The Interim Dividend, If Any 10 Nov
Annual reports
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Financial Year 2025
from bse
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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 bse
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Financial Year 2012
from nse
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Financial Year 2012
from bse
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“