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 ₹ 22,274 Cr.
- Current Price ₹ 566
- High / Low ₹ 922 / 506
- Stock P/E 12.8
- Book Value ₹ 296
- Dividend Yield 2.96 %
- 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.
- Working capital days have increased from 258 days to 617 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.
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,224 | 2,395 | 2,474 | 2,646 | 2,963 | 3,783 | 3,520 | 3,177 | 3,585 | 3,772 | 4,282 | 4,015 | |
716 | 718 | 1,253 | 874 | 959 | 1,176 | 1,248 | 1,111 | 1,306 | 1,379 | 1,644 | 1,887 | |
Operating Profit | 1,508 | 1,678 | 1,221 | 1,772 | 2,004 | 2,607 | 2,272 | 2,065 | 2,279 | 2,393 | 2,638 | 2,128 |
OPM % | 68% | 70% | 49% | 67% | 68% | 69% | 65% | 65% | 64% | 63% | 62% | 53% |
87 | 99 | 677 | 181 | 165 | 242 | 260 | 306 | 256 | 380 | 515 | 642 | |
Interest | 3 | 2 | 2 | 1 | 1 | 2 | 13 | 27 | 33 | 9 | 9 | 13 |
Depreciation | 478 | 615 | 497 | 400 | 450 | 663 | 700 | 404 | 306 | 486 | 532 | 539 |
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 |
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 | |
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 |
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: | -6% |
Compounded Profit Growth | |
---|---|
10 Years: | 8% |
5 Years: | 7% |
3 Years: | 4% |
TTM: | -9% |
Stock Price CAGR | |
---|---|
10 Years: | 5% |
5 Years: | 7% |
3 Years: | 6% |
1 Year: | -37% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 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 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 80 | 95 | 63 | 38 | 124 | |
468 | 397 | 285 | 350 | 585 | 670 | 782 | 812 | 648 | 814 | 847 | 866 | |
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 |
1,373 | 1,179 | 845 | 1,225 | 1,153 | 1,112 | 1,145 | 946 | 1,791 | 1,729 | 1,707 | 1,899 | |
CWIP | 2 | 2 | 1 | 2 | 49 | 13 | 66 | 146 | 244 | 131 | 145 | 17 |
Investments | 472 | 506 | 636 | 1,148 | 2,147 | 2,801 | 2,692 | 3,504 | 3,589 | 5,512 | 7,061 | 8,303 |
1,717 | 2,058 | 2,278 | 2,004 | 1,923 | 2,271 | 2,603 | 3,351 | 3,274 | 2,775 | 2,508 | 2,418 | |
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 |
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 | -1,066 | |
-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 | -21 |
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 | 617 |
ROCE % | 36% | 35% | 32% | 41% | 39% | 42% | 30% | 29% | 27% | 25% | 26% | 20% |
Documents
Announcements
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Corporate Action - Fixes Record Date For The Interim Dividend, If Any
2h - Record date set as 13 Aug 2025 for interim dividend declaration on 7 Aug 2025.
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Board Meeting Intimation for Considering And Approving The Unaudited Standalone And Consolidated Financial Results Of The Company, For The Quarter Ended 30Th June 2025 And Declaration Of Interim Dividend, If Any.
31 Jul - Board meeting on 7 Aug 2025 to approve Q1 financials and consider interim dividend.
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Announcement under Regulation 30 (LODR)-Acquisition
18 Jul - Sun TV acquires 100% of Northern Superchargers for GBP 100.5 million, expanding global cricket presence.
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Board Meeting Outcome for Outcome Of The Board Meeting - 18.07.2025
18 Jul - Sun TV acquires 100% of Northern Superchargers for GBP 100.5 million, expanding cricket franchise portfolio.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Jul - Certificate under Regulation 74(5) of SEBI (DP) Regulations 2018 for the quarter ended 30th June 2025
Annual reports
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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
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Financial Year 2011
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“