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 ₹ 21,162 Cr.
- Current Price ₹ 537
- High / Low ₹ 691 / 480
- Stock P/E 13.0
- Book Value ₹ 313
- Dividend Yield 2.79 %
- 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 34.6%
Cons
- The company has delivered a poor sales growth of 2.67% 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2,224 | 2,395 | 2,474 | 2,646 | 2,963 | 3,783 | 3,520 | 3,177 | 3,585 | 3,772 | 4,282 | 4,015 | 4,394 | |
| 716 | 718 | 1,253 | 874 | 959 | 1,176 | 1,248 | 1,111 | 1,306 | 1,379 | 1,644 | 1,886 | 2,189 | |
| Operating Profit | 1,508 | 1,678 | 1,221 | 1,772 | 2,004 | 2,607 | 2,272 | 2,065 | 2,279 | 2,393 | 2,638 | 2,129 | 2,205 |
| OPM % | 68% | 70% | 49% | 67% | 68% | 69% | 65% | 65% | 64% | 63% | 62% | 53% | 50% |
| 87 | 99 | 677 | 181 | 165 | 242 | 260 | 306 | 256 | 380 | 515 | 640 | 646 | |
| Interest | 3 | 2 | 2 | 1 | 1 | 2 | 13 | 27 | 33 | 9 | 9 | 13 | 14 |
| Depreciation | 478 | 615 | 497 | 400 | 450 | 663 | 700 | 404 | 306 | 486 | 532 | 539 | 743 |
| Profit before tax | 1,113 | 1,159 | 1,399 | 1,551 | 1,718 | 2,185 | 1,819 | 1,941 | 2,195 | 2,278 | 2,613 | 2,217 | 2,094 |
| Tax % | 33% | 32% | 34% | 34% | 34% | 34% | 24% | 21% | 25% | 25% | 26% | 23% | |
| 757 | 796 | 922 | 1,031 | 1,136 | 1,434 | 1,385 | 1,525 | 1,642 | 1,707 | 1,926 | 1,704 | 1,579 | |
| EPS in Rs | 18.98 | 19.84 | 23.39 | 26.14 | 28.80 | 36.37 | 35.15 | 38.70 | 41.66 | 43.30 | 48.85 | 43.21 | 40.05 |
| Dividend Payout % | 50% | 57% | 66% | 38% | 35% | 21% | 71% | 13% | 33% | 35% | 34% | 35% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 3% |
| 3 Years: | 4% |
| TTM: | 9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 6% |
| 3 Years: | 4% |
| TTM: | -7% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | -1% |
| 3 Years: | 5% |
| 1 Year: | -15% |
| Return on Equity | |
|---|---|
| 10 Years: | 21% |
| 5 Years: | 19% |
| 3 Years: | 18% |
| Last Year: | 16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 2,898 | 3,151 | 3,277 | 3,831 | 4,491 | 5,329 | 5,527 | 6,857 | 7,958 | 9,075 | 10,339 | 11,450 | 12,150 |
| -0 | -0 | -0 | -0 | -0 | -0 | -0 | 80 | 95 | 63 | 38 | 124 | 146 | |
| 468 | 397 | 285 | 350 | 585 | 670 | 782 | 812 | 648 | 814 | 847 | 866 | 920 | |
| Total Liabilities | 3,564 | 3,745 | 3,759 | 4,378 | 5,273 | 6,197 | 6,507 | 7,946 | 8,898 | 10,148 | 11,421 | 12,636 | 13,413 |
| 1,373 | 1,179 | 845 | 1,225 | 1,153 | 1,112 | 1,145 | 946 | 1,791 | 1,729 | 1,707 | 1,572 | 3,100 | |
| CWIP | 2 | 2 | 1 | 2 | 49 | 13 | 66 | 146 | 244 | 131 | 145 | 344 | 15 |
| Investments | 472 | 506 | 636 | 1,148 | 2,147 | 2,801 | 2,692 | 3,504 | 3,589 | 5,512 | 7,061 | 8,303 | 7,772 |
| 1,717 | 2,058 | 2,278 | 2,004 | 1,923 | 2,271 | 2,603 | 3,351 | 3,274 | 2,775 | 2,508 | 2,418 | 2,526 | |
| Total Assets | 3,564 | 3,745 | 3,759 | 4,378 | 5,273 | 6,197 | 6,507 | 7,946 | 8,898 | 10,148 | 11,421 | 12,636 | 13,413 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,195 | 1,162 | 1,299 | 1,296 | 1,371 | 1,824 | 1,656 | 1,464 | 1,634 | 2,096 | 2,171 | 1,663 | |
| -786 | -518 | -401 | -716 | -1,294 | -1,113 | -406 | -1,152 | -1,026 | -1,553 | -1,313 | -1,064 | |
| -431 | -635 | -737 | -475 | -475 | -596 | -1,222 | -249 | -603 | -631 | -697 | -618 | |
| Net Cash Flow | -22 | 9 | 160 | 104 | -398 | 115 | 27 | 63 | 5 | -88 | 161 | -19 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 103 | 115 | 115 | 107 | 131 | 109 | 142 | 165 | 149 | 143 | 107 | 111 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 103 | 115 | 115 | 107 | 131 | 109 | 142 | 165 | 149 | 143 | 107 | 111 |
| Working Capital Days | 84 | 113 | 137 | 89 | 89 | 78 | 102 | 102 | 106 | 87 | 70 | 70 |
| ROCE % | 36% | 35% | 32% | 41% | 39% | 42% | 30% | 29% | 27% | 25% | 26% | 20% |
Documents
Announcements
- Corporate Action-Board approves Dividend 1d
-
Board Meeting Outcome for Board Meeting Outcome- 06.02.2026
1d - Unaudited Q3 results: Revenue Rs827.87cr; PAT Rs316.44cr; Interim dividend Rs2.50/share.
- Unaudited Financial Results For The Quarter Ended 31St December 2025 1d
- Corporate Action - Fixes Record Date For The Interim Dividend, If Any 3 Feb
-
Board Meeting Intimation for Considering And Approving The Unaudited Standalone And Consolidated Financial Results Of The Company, For The Quarter Ended 31St December 2025 And Declaration Of Interim Dividend, If Any.
29 Jan - Board meeting Feb 6, 2026 to approve Q3 (Dec 31, 2025) results; possible interim dividend.
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“