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 ₹ 17,846 Cr.
- Current Price ₹ 453
- High / Low ₹ 661 / 451
- Stock P/E 11.5
- Book Value ₹ 313
- Dividend Yield 2.76 %
- ROCE 16.5 %
- ROE 12.3 %
- 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 5.65% 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,244 | 2,395 | 2,558 | 2,862 | 3,663 | 3,404 | 3,117 | 3,505 | 3,661 | 4,148 | 3,879 | 4,102 | 4,269 | |
| 629 | 1,211 | 820 | 903 | 1,099 | 1,168 | 1,049 | 1,241 | 1,312 | 1,563 | 1,783 | 1,946 | 1,997 | |
| Operating Profit | 1,614 | 1,185 | 1,739 | 1,959 | 2,564 | 2,236 | 2,068 | 2,264 | 2,349 | 2,585 | 2,095 | 2,156 | 2,272 |
| OPM % | 72% | 49% | 68% | 68% | 70% | 66% | 66% | 65% | 64% | 62% | 54% | 53% | 53% |
| 88 | 637 | 144 | 140 | 220 | 249 | 271 | 245 | 362 | 482 | 590 | 433 | 419 | |
| Interest | 2 | 2 | 1 | 1 | 2 | 8 | 22 | 29 | 5 | 5 | 10 | 9 | 8 |
| Depreciation | 588 | 485 | 391 | 440 | 647 | 679 | 382 | 287 | 468 | 514 | 522 | 704 | 692 |
| Profit before tax | 1,112 | 1,334 | 1,490 | 1,658 | 2,136 | 1,798 | 1,935 | 2,193 | 2,238 | 2,549 | 2,154 | 1,876 | 1,992 |
| Tax % | 34% | 35% | 34% | 34% | 35% | 24% | 21% | 25% | 25% | 26% | 23% | 26% | |
| 737 | 870 | 979 | 1,093 | 1,395 | 1,372 | 1,520 | 1,645 | 1,675 | 1,875 | 1,654 | 1,394 | 1,477 | |
| EPS in Rs | 18.71 | 22.07 | 24.85 | 27.74 | 35.39 | 34.81 | 38.58 | 41.74 | 42.49 | 47.58 | 41.98 | 35.36 | 37.48 |
| Dividend Payout % | 60% | 70% | 40% | 36% | 21% | 72% | 13% | 33% | 35% | 35% | 36% | 35% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | 6% |
| 3 Years: | 4% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 0% |
| 3 Years: | -4% |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 0% |
| 5 Years: | -2% |
| 3 Years: | -10% |
| 1 Year: | -18% |
| Return on Equity | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 17% |
| 3 Years: | 16% |
| Last Year: | 12% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 |
| Reserves | 3,183 | 3,321 | 3,825 | 4,443 | 5,243 | 5,427 | 6,752 | 7,856 | 8,941 | 10,156 | 11,220 | 12,122 |
| 0 | 0 | 0 | 0 | 0 | 0 | 41 | 58 | 32 | 8 | 96 | 81 | |
| 211 | 265 | 328 | 550 | 629 | 693 | 788 | 622 | 785 | 815 | 829 | 1,031 | |
| Total Liabilities | 3,591 | 3,782 | 4,350 | 5,190 | 6,069 | 6,317 | 7,778 | 8,733 | 9,955 | 11,176 | 12,342 | 13,431 |
| 1,074 | 820 | 1,102 | 1,039 | 936 | 946 | 768 | 1,633 | 1,591 | 1,585 | 1,467 | 1,194 | |
| CWIP | 0 | 1 | 1 | 46 | 13 | 66 | 146 | 244 | 131 | 145 | 344 | 888 |
| Investments | 694 | 864 | 1,454 | 2,412 | 3,050 | 2,949 | 3,764 | 3,857 | 5,631 | 7,075 | 8,242 | 8,871 |
| 1,823 | 2,098 | 1,792 | 1,693 | 2,070 | 2,355 | 3,100 | 3,000 | 2,602 | 2,372 | 2,289 | 2,479 | |
| Total Assets | 3,591 | 3,782 | 4,350 | 5,190 | 6,069 | 6,317 | 7,778 | 8,733 | 9,955 | 11,176 | 12,342 | 13,431 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,141 | 1,256 | 1,301 | 1,344 | 1,777 | 1,610 | 1,444 | 1,614 | 2,057 | 2,137 | 1,625 | 1,736 | |
| -499 | -359 | -724 | -1,265 | -1,065 | -366 | -1,142 | -1,009 | -1,524 | -1,288 | -1,049 | -1,259 | |
| -635 | -737 | -475 | -475 | -596 | -1,217 | -243 | -596 | -621 | -692 | -611 | -517 | |
| Net Cash Flow | 7 | 160 | 102 | -397 | 116 | 28 | 59 | 9 | -89 | 158 | -35 | -40 |
| Free Cash Flow | 703 | 1,219 | 935 | 846 | 1,229 | 952 | 1,215 | 485 | 1,735 | 1,628 | 1,242 | 730 |
| CFO/OP | 94% | 144% | 103% | 96% | 97% | 91% | 96% | 102% | 112% | 106% | 104% | 103% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 111 | 112 | 103 | 129 | 108 | 140 | 163 | 148 | 143 | 107 | 111 | 124 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 111 | 112 | 103 | 129 | 108 | 140 | 163 | 148 | 143 | 107 | 111 | 124 |
| Working Capital Days | 114 | 137 | 87 | 85 | 77 | 104 | 101 | 106 | 88 | 70 | 75 | 73 |
| ROCE % | 34% | 31% | 39% | 38% | 41% | 30% | 30% | 28% | 25% | 26% | 20% | 17% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Advertising Income Share of Revenue % |
|
|||||||||
| Cricket Franchise Income Share of Revenue % |
||||||||||
| Movie Distribution Income Share of Revenue % |
||||||||||
| Number of Broadcast Languages languages |
||||||||||
| Number of Cricket Franchises franchises |
||||||||||
| Number of FM Radio Stations stations |
||||||||||
| Subscription Income Share of Revenue % |
||||||||||
| Number of TV Channels channels |
||||||||||
Extracted by Screener AI
Documents
Announcements
-
Disclosure Under Regulation 30 Of SEBI (LODR) Regulations, 2015
- Chief Operating Officer C. Praveen retired effective August 31, 2026.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Copy of Newspaper Publication - 41st AGM of Sun TV Network Limited
-
Business Responsibility and Sustainability Reporting (BRSR)
- Sun TV Network submitted FY 2025-26 BRSR with sustainability, ESG, and compliance disclosures.
- Reg. 34 (1) Annual Report.
-
Notice Of 41St Annual General Meeting Of Sun TV Network Limited
- FY2025-26 annual report filed; 41st AGM on Sept 18, 2026; dividends confirmed and director reappointment proposed.
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
-
Annual Report 2024
from bse
-
Annual Report 2023
from bse
-
Annual Report 2022
from bse
-
Annual Report 2021
from bse
-
Annual Report 2020
from bse
-
Annual Report 2019
from bse
-
Annual Report 2018
from bse
-
Annual Report 2017
from bse
-
Annual Report 2016
from bse
-
Annual Report 2015
from bse
-
Annual Report 2014
from bse
-
Annual Report 2013
from bse
-
Annual Report 2012
from nse
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“