T.V. Today Network Ltd
Incorporated in 1999, T.V. Today Network operates mainly in television broadcasting and other media operations[1]
- Market Cap ₹ 591 Cr.
- Current Price ₹ 99.0
- High / Low ₹ 200 / 93.5
- Stock P/E 25.6
- Book Value ₹ 147
- Dividend Yield 3.03 %
- ROCE 12.5 %
- ROE 8.48 %
- Face Value ₹ 5.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.68 times its book value
- Company has been maintaining a healthy dividend payout of 196%
- Promoter holding has increased by 4.76% over last quarter.
- Company's working capital requirements have reduced from 165 days to 104 days
Cons
- The company has delivered a poor sales growth of 3.01% over past five years.
- Company has a low return on equity of 8.29% over last 3 years.
- Earnings include an other income of Rs.23.5 Cr.
* 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 389 | 477 | 542 | 617 | 691 | 739 | 856 | 783 | 930 | 878 | 936 | 993 | 846 | |
| 280 | 345 | 341 | 452 | 474 | 540 | 638 | 584 | 685 | 747 | 839 | 893 | 818 | |
| Operating Profit | 109 | 132 | 201 | 165 | 217 | 199 | 218 | 199 | 245 | 131 | 97 | 100 | 28 |
| OPM % | 28% | 28% | 37% | 27% | 31% | 27% | 25% | 25% | 26% | 15% | 10% | 10% | 3% |
| 12 | 23 | -56 | 29 | 2 | 36 | 43 | 37 | 44 | 34 | 23 | 38 | 23 | |
| Interest | 4 | 1 | 1 | 2 | 1 | 1 | 3 | 2 | 3 | 3 | 3 | 2 | 2 |
| Depreciation | 24 | 30 | 31 | 29 | 31 | 32 | 38 | 40 | 42 | 41 | 35 | 32 | 30 |
| Profit before tax | 93 | 123 | 114 | 163 | 188 | 203 | 220 | 193 | 244 | 120 | 82 | 103 | 19 |
| Tax % | 34% | 34% | 47% | 33% | 34% | 36% | 35% | 32% | 25% | 27% | 31% | 28% | |
| 61 | 81 | 61 | 109 | 123 | 130 | 142 | 131 | 182 | 88 | 56 | 75 | 11 | |
| EPS in Rs | 10.31 | 13.58 | 10.20 | 18.31 | 20.70 | 21.80 | 23.82 | 21.98 | 30.45 | 14.76 | 9.45 | 12.54 | 1.80 |
| Dividend Payout % | 10% | 11% | 17% | 11% | 11% | 10% | 93% | 11% | 10% | 474% | 90% | 24% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 3% |
| 3 Years: | 2% |
| TTM: | -15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -1% |
| 5 Years: | -12% |
| 3 Years: | -26% |
| TTM: | -74% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -11% |
| 5 Years: | -18% |
| 3 Years: | -18% |
| 1 Year: | -37% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 11% |
| 3 Years: | 8% |
| Last Year: | 8% |
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 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 |
| Reserves | 349 | 420 | 478 | 607 | 692 | 864 | 843 | 961 | 1,128 | 799 | 838 | 862 | 849 |
| 17 | 7 | 0 | 0 | 0 | 3 | 21 | 17 | 32 | 34 | 34 | 21 | 17 | |
| 102 | 120 | 115 | 139 | 162 | 175 | 201 | 202 | 223 | 211 | 226 | 222 | 173 | |
| Total Liabilities | 499 | 577 | 623 | 776 | 884 | 1,071 | 1,094 | 1,210 | 1,413 | 1,074 | 1,127 | 1,134 | 1,069 |
| 215 | 235 | 214 | 199 | 252 | 247 | 245 | 226 | 227 | 214 | 193 | 152 | 147 | |
| CWIP | 2 | 3 | 5 | 4 | 2 | 4 | 0 | 1 | 1 | 1 | 3 | 0 | 1 |
| Investments | 46 | 46 | 3 | 34 | 68 | 3 | 3 | 2 | 2 | 1 | 1 | 10 | 213 |
| 236 | 293 | 401 | 539 | 562 | 817 | 846 | 981 | 1,182 | 857 | 930 | 971 | 708 | |
| Total Assets | 499 | 577 | 623 | 776 | 884 | 1,071 | 1,094 | 1,210 | 1,413 | 1,074 | 1,127 | 1,134 | 1,069 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 81 | 78 | -32 | 19 | 156 | 125 | 201 | 166 | 236 | 41 | 15 | 122 | |
| -3 | -49 | 1 | -2 | -137 | -104 | -15 | -166 | -211 | 371 | 35 | -75 | |
| -52 | -18 | -11 | -14 | -29 | -14 | -168 | -17 | -22 | -427 | -28 | -61 | |
| Net Cash Flow | 26 | 11 | -42 | 3 | -9 | 7 | 17 | -17 | 2 | -15 | 22 | -14 |
| Free Cash Flow | 73 | 21 | -42 | 4 | 73 | 102 | 188 | 146 | 209 | 11 | -4 | 106 |
| CFO/OP | 105% | 89% | 13% | 48% | 99% | 100% | 99% | 108% | 112% | 63% | 31% | 140% |
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 | 103 | 105 | 95 | 102 | 94 | 90 | 93 | 93 | 75 | 88 | 108 | 80 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 103 | 105 | 95 | 102 | 94 | 90 | 93 | 93 | 75 | 88 | 108 | 80 |
| Working Capital Days | 47 | 48 | 59 | 61 | 51 | 132 | 179 | 163 | 282 | 229 | 162 | 104 |
| ROCE % | 25% | 29% | 31% | 27% | 31% | 25% | 25% | 21% | 22% | 13% | 11% | 12% |
Insights
In beta| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Number of Radio Stations Operational Count |
|
|||||||||||
| Aaj Tak Viewership Market Share (Hindi News) % |
||||||||||||
| Sustained Market Position - Number of Years Ranked No. 1 Years |
||||||||||||
| Total 'Tak' Ecosystem YouTube Subscribers Million |
||||||||||||
| Aaj Tak YouTube Subscribers Million |
||||||||||||
| The Lallantop YouTube Subscribers Million |
||||||||||||
| Total Network Household Reach Crore Viewers |
||||||||||||
| India Today TV YouTube Subscribers Million |
||||||||||||
Documents
Announcements
-
Board Meeting Intimation for Consideration And Approval Of Audited Standalone And Consolidated Financial Results For The Fourth Quarter And Financial Year Ending On March 31, 2026 And Recommend The Payment Of Final Dividend, If Any, For The Financial Year 2025-26.
2d - Board meeting May 15, 2026 to approve FY2025-26 results; trading window closed Apr 01–May 17, 2026.
-
Closure of Trading Window
2d - Board meeting on May 15, 2026 to approve FY2025-26 audited results; trading window closed Apr 1–May 17.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
4 Mar - Mr. Rajeev Gupta ceased as Independent Director and Audit Committee member effective March 04, 2026.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
3 Mar - Newspaper Advertisement for Completion of dispatch of Postal Ballot Notice.
-
Shareholder Meeting / Postal Ballot-Notice of Postal Ballot
2 Mar - Postal ballot to appoint Abhishek Malhotra (DIN 11540453) as Independent Director; e-voting March 3–April 1, 2026.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
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 nse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
Business Overview:[1]
TVTN is promoted by the India Today group. The company broadcasts 24-hour news channels viz. Aaj Tak, Good News Today and Aaj Tak HD in Hindi, and India Today Television in English. TVTN acquired the digital operations business of Living Media India Limited and has further added new properties. The digital business comprises Aaj Tak and India Today websites, along with the various social media and online video channels.