Sun TV Network Ltd
Sun TV Network is engaged in producing and broadcasting satellite television and radio software programming in the regional languages of South India.
This is one of the Asia’s largest TV networks. This was established by Kalanidhi Maran in the year 1993. Its flagship channel is Sun TV, which was the first fully privately owned Tamil channel in India. After which it has grown huge and currently owns and operates 32 TV channels across Indian languages – Tamil, Telugu, Kannada, Malayalam and Bengali.
And it is now expanding its market to North India also, and will be launching 11 new channels including the network's first Marathi language channel. After this, Sun Group will have a total of 43 TV channels. #
- Market Cap ₹ 19,436 Cr.
- Current Price ₹ 493
- High / Low ₹ 571 / 260
- Stock P/E 15.2
- Book Value ₹ 160
- Dividend Yield 5.07 %
- ROCE 29.9 %
- ROE 22.6 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 5.07%.
- Company has a good return on equity (ROE) track record: 3 Years ROE 25.03%
- Company has been maintaining a healthy dividend payout of 42.15%
Cons
- The company has delivered a poor sales growth of 8.00% over past five years.
Peer comparison
Sector: Entertainment Industry: Entertainment / Electronic Media Software
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 | Mar 2020 | Jun 2020 | Sep 2020 | Dec 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|
1,146 | 780 | 939 | 917 | 1,110 | 804 | 848 | 758 | 612 | 769 | 994 | |
402 | 215 | 261 | 299 | 415 | 325 | 253 | 256 | 215 | 274 | 387 | |
Operating Profit | 744 | 565 | 679 | 618 | 695 | 478 | 595 | 502 | 396 | 495 | 608 |
OPM % | 65% | 72% | 72% | 67% | 63% | 60% | 70% | 66% | 65% | 64% | 61% |
Other Income | 44 | 65 | 62 | 72 | 59 | 75 | 67 | 60 | 110 | 54 | 65 |
Interest | 0 | 1 | 1 | 0 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Depreciation | 149 | 86 | 181 | 247 | 164 | 150 | 149 | 238 | 151 | 97 | 74 |
Profit before tax | 639 | 544 | 559 | 443 | 587 | 400 | 511 | 321 | 352 | 450 | 596 |
Tax % | 35% | 33% | 36% | 34% | 34% | 8% | 25% | 24% | 27% | 25% | 25% |
Net Profit | 418 | 365 | 359 | 292 | 387 | 369 | 384 | 245 | 257 | 335 | 446 |
EPS in Rs | 10.59 | 9.26 | 9.10 | 7.41 | 9.81 | 9.36 | 9.76 | 6.22 | 6.53 | 8.50 | 11.31 |
Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes | Notes |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,039 | 1,453 | 2,013 | 1,847 | 1,923 | 2,224 | 2,395 | 2,474 | 2,646 | 2,963 | 3,783 | 3,520 | 3,132 | |
303 | 362 | 433 | 433 | 514 | 716 | 718 | 983 | 876 | 959 | 1,176 | 1,248 | 1,132 | |
Operating Profit | 737 | 1,091 | 1,581 | 1,414 | 1,409 | 1,508 | 1,677 | 1,491 | 1,770 | 2,004 | 2,607 | 2,272 | 2,000 |
OPM % | 71% | 75% | 78% | 77% | 73% | 68% | 70% | 60% | 67% | 68% | 69% | 65% | 64% |
Other Income | 67 | 35 | 46 | 80 | 72 | 87 | 99 | 407 | 183 | 165 | 243 | 261 | 290 |
Interest | 14 | 5 | 2 | 6 | 5 | 3 | 2 | 2 | 1 | 1 | 2 | 13 | 12 |
Depreciation | 220 | 321 | 480 | 474 | 442 | 478 | 615 | 497 | 400 | 450 | 663 | 700 | 560 |
Profit before tax | 569 | 800 | 1,144 | 1,014 | 1,035 | 1,113 | 1,159 | 1,399 | 1,551 | 1,718 | 2,185 | 1,819 | 1,719 |
Tax % | 40% | 37% | 33% | 33% | 32% | 33% | 32% | 34% | 34% | 34% | 34% | 24% | |
Net Profit | 368 | 520 | 770 | 693 | 710 | 748 | 782 | 922 | 1,030 | 1,135 | 1,433 | 1,385 | 1,283 |
EPS in Rs | 9.35 | 13.19 | 19.53 | 17.58 | 18.01 | 18.98 | 19.84 | 23.39 | 26.14 | 28.80 | 36.37 | 35.15 | 32.56 |
Dividend Payout % | 27% | 57% | 45% | 54% | 53% | 50% | 57% | 66% | 38% | 35% | 21% | 71% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 8% |
3 Years: | 10% |
TTM: | -15% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 10% |
3 Years: | 8% |
TTM: | -10% |
Stock Price CAGR | |
---|---|
10 Years: | 2% |
5 Years: | 9% |
3 Years: | -19% |
1 Year: | 19% |
Return on Equity | |
---|---|
10 Years: | 26% |
5 Years: | 25% |
3 Years: | 25% |
Last Year: | 23% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Sep 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
197 | 285 | 290 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | |
Reserves | 1,505 | 1,689 | 2,057 | 2,315 | 2,588 | 2,898 | 3,151 | 3,277 | 3,831 | 4,491 | 5,329 | 5,527 | 6,120 |
Borrowings | 72 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
283 | 619 | 612 | 394 | 446 | 468 | 397 | 285 | 350 | 585 | 670 | 782 | 775 | |
Total Liabilities | 2,057 | 2,505 | 2,866 | 2,906 | 3,232 | 3,564 | 3,745 | 3,759 | 4,378 | 5,273 | 6,197 | 6,507 | 7,092 |
838 | 928 | 1,296 | 1,246 | 1,377 | 1,373 | 1,179 | 845 | 1,225 | 1,153 | 1,112 | 1,145 | 951 | |
CWIP | 157 | 315 | 11 | 4 | 3 | 2 | 2 | 1 | 2 | 49 | 13 | 66 | 81 |
Investments | 181 | 228 | 272 | 224 | 244 | 472 | 506 | 636 | 1,148 | 2,147 | 2,801 | 2,692 | 3,500 |
881 | 1,035 | 1,287 | 1,433 | 1,609 | 1,717 | 2,058 | 2,278 | 2,004 | 1,923 | 2,271 | 2,603 | 2,560 | |
Total Assets | 2,057 | 2,505 | 2,866 | 2,906 | 3,232 | 3,564 | 3,745 | 3,759 | 4,378 | 5,273 | 6,197 | 6,507 | 7,092 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
588 | 747 | 1,147 | 876 | 869 | 1,195 | 1,162 | 1,299 | 1,296 | 1,371 | 1,824 | 1,656 | |
-372 | -654 | -592 | -346 | -477 | -786 | -518 | -401 | -716 | -1,294 | -1,113 | -406 | |
-209 | -84 | -501 | -578 | -382 | -431 | -635 | -737 | -475 | -475 | -596 | -1,222 | |
Net Cash Flow | 7 | 9 | 54 | -47 | 10 | -22 | 9 | 160 | 104 | -398 | 115 | 27 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
ROCE % | 34% | 43% | 53% | 42% | 39% | 38% | 36% | 33% | 41% | 39% | 42% | 30% |
Debtor Days | 85 | 83 | 78 | 101 | 111 | 103 | 115 | 115 | 107 | 131 | 109 | 142 |
Inventory Turnover | 70.40 | 12.40 | 10.14 | 22.90 | 49.41 | 51.87 | 50.67 | 23.29 | 16.98 | 32.67 | 80.08 | 164.75 |
Documents
Add documentRecent announcements
- Corporate Action-Board approves Dividend 8 Feb
- Results-Financial Results For The Quarter Ended 31St December 2020 8 Feb
- The Outcome Of Board Meeting 8 Feb
- Corporate Action-Fixes Record Date For The Interim Dividend If Any, Declared At The Board Meeting To Be Held On Monday, 8Th February 2021. 8 Feb
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 5 Feb
View all
Annual reports
- Financial Year 2020 from bse
- Financial Year 2019 from bse
- Financial Year 2018 from bse
- Financial Year 2017 from bse
- Financial Year 2016 from bse
- Financial Year 2015 from bse
- Financial Year 2014 from bse
- Financial Year 2013 from bse
- Financial Year 2012 from bse
- Financial Year 2012 from nse
- Financial Year 2011 from bse
- Financial Year 2011 from nse
- Financial Year 2010 from bse
- Financial Year 2010 from nse