T.V. Today Network Ltd
T.V. Today Network Ltd is engaged in broadcasting television news channels, radio stations and newspaper publishing in India. The company broadcasts 24-hour news channels Aaj Tak, Tez, and Aaj Tak HD in Hindi; and India Today Television in English. It also runs radio stations (Ishq 104.8 FM) in Delhi, Mumbai, and Kolkata. [1][2]
- Market Cap ₹ 1,333 Cr.
- Current Price ₹ 223
- High / Low ₹ 274 / 179
- Stock P/E 24.0
- Book Value ₹ 139
- Dividend Yield 1.34 %
- ROCE 13.0 %
- ROE 9.52 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 165%
Cons
- The company has delivered a poor sales growth of 4.91% over past five years.
- Company has a low return on equity of 13.6% over last 3 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.
Peer comparison
Sector: Media - Print/Television/Radio Industry: Entertainment / Electronic Media Software
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
308 | 313 | 389 | 477 | 542 | 617 | 691 | 739 | 856 | 783 | 930 | 878 | 916 | |
282 | 278 | 280 | 345 | 341 | 452 | 474 | 540 | 638 | 584 | 685 | 747 | 829 | |
Operating Profit | 26 | 35 | 109 | 132 | 201 | 165 | 217 | 199 | 218 | 199 | 245 | 131 | 88 |
OPM % | 9% | 11% | 28% | 28% | 37% | 27% | 31% | 27% | 25% | 25% | 26% | 15% | 10% |
6 | 7 | 12 | 23 | -56 | 29 | 2 | 36 | 43 | 37 | 44 | 34 | 27 | |
Interest | 1 | 3 | 4 | 1 | 1 | 2 | 1 | 1 | 3 | 2 | 3 | 3 | 3 |
Depreciation | 14 | 21 | 24 | 30 | 31 | 29 | 31 | 32 | 38 | 40 | 42 | 41 | 41 |
Profit before tax | 16 | 18 | 93 | 123 | 114 | 163 | 188 | 203 | 220 | 193 | 244 | 120 | 69 |
Tax % | 36% | 31% | 34% | 34% | 47% | 33% | 34% | 36% | 35% | 32% | 25% | 27% | |
11 | 12 | 61 | 81 | 61 | 109 | 123 | 130 | 142 | 131 | 182 | 88 | 51 | |
EPS in Rs | 1.77 | 2.05 | 10.31 | 13.58 | 10.20 | 18.31 | 20.70 | 21.80 | 23.82 | 21.98 | 30.45 | 14.76 | 8.48 |
Dividend Payout % | 42% | 37% | 10% | 11% | 17% | 11% | 11% | 10% | 93% | 11% | 10% | 474% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 5% |
3 Years: | 1% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | -7% |
3 Years: | -13% |
TTM: | -53% |
Stock Price CAGR | |
---|---|
10 Years: | 6% |
5 Years: | -6% |
3 Years: | -6% |
1 Year: | 18% |
Return on Equity | |
---|---|
10 Years: | 16% |
5 Years: | 15% |
3 Years: | 14% |
Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 |
Reserves | 288 | 295 | 349 | 420 | 478 | 607 | 692 | 864 | 843 | 961 | 1,128 | 799 | 797 |
56 | 60 | 17 | 7 | 0 | 0 | 0 | 3 | 21 | 17 | 32 | 34 | 47 | |
75 | 99 | 102 | 120 | 115 | 139 | 162 | 175 | 201 | 202 | 223 | 211 | 204 | |
Total Liabilities | 449 | 484 | 499 | 577 | 623 | 776 | 884 | 1,071 | 1,094 | 1,210 | 1,413 | 1,074 | 1,077 |
55 | 222 | 215 | 235 | 214 | 199 | 252 | 247 | 245 | 226 | 227 | 214 | 205 | |
CWIP | 175 | 10 | 2 | 3 | 5 | 4 | 2 | 4 | 0 | 1 | 1 | 1 | 1 |
Investments | 46 | 46 | 46 | 46 | 3 | 34 | 68 | 3 | 3 | 2 | 2 | 1 | 1 |
174 | 207 | 236 | 293 | 401 | 539 | 562 | 817 | 846 | 981 | 1,182 | 857 | 870 | |
Total Assets | 449 | 484 | 499 | 577 | 623 | 776 | 884 | 1,071 | 1,094 | 1,210 | 1,413 | 1,074 | 1,077 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
57 | 39 | 81 | 78 | -32 | 19 | 156 | 125 | 201 | 166 | 236 | 41 | |
-79 | -15 | -3 | -49 | 1 | -2 | -137 | -104 | -15 | -166 | -211 | 371 | |
32 | -7 | -52 | -18 | -11 | -14 | -29 | -14 | -168 | -17 | -22 | -427 | |
Net Cash Flow | 10 | 17 | 26 | 11 | -42 | 3 | -9 | 7 | 17 | -17 | 2 | -15 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 106 | 110 | 103 | 105 | 95 | 102 | 94 | 90 | 93 | 93 | 75 | 88 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 106 | 110 | 103 | 105 | 95 | 102 | 94 | 90 | 93 | 93 | 75 | 88 |
Working Capital Days | 71 | 56 | 47 | 53 | 59 | 61 | 51 | 134 | 181 | 165 | 285 | 232 |
ROCE % | 5% | 5% | 25% | 29% | 31% | 27% | 31% | 25% | 25% | 21% | 22% | 13% |
Documents
Announcements
-
Compliance Certificate Under Regulation 40 (9)
12 Apr - Certificate under Regulation 40(9) of SEBI (LODR) Regulations, 2015
-
Announcement under Regulation 30 (LODR)-Change in Management
9 Apr - Reg 30 of SEBI (LODR) Regulations, 2015, please find enclosed disclosure for appointment of SMP.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3 Apr - Certificate under Reg 74(5) of SEBI (DP) Regulations for the quarter ended March 31, 2024
- Compliance Certificate Pursuant To Regulation 7(3) Of SEBI (LODR) Regulations, 2015 3 Apr
- Disclosure Under Reg 30 Of SEBI (LODR) Regulations, 2015 1 Apr
Annual reports
-
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
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
Market Position
Aaj Tak has maintained its leadership among Hindi news channels in the new Audience Measurement System BARC with a total viewership of 85 crore Gross AMAs.
India Today Television has also obtained leadership positions in critical news and events.
Good News Today has the second highest reach among Hindi news channels in the Freeview distribution platform, crossing news channels — Zee News, ABP News, Zee Hindustan, and Times Now Navbharat in terms of viewership. [1]