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 ₹ 23,513 Cr.
- Current Price ₹ 597
- High / Low ₹ 922 / 506
- Stock P/E 13.8
- Book Value ₹ 290
- Dividend Yield 2.80 %
- ROCE 20.5 %
- ROE 15.7 %
- Face Value ₹ 5.00
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 35.4%
Cons
- The company has delivered a poor sales growth of 2.64% over past five years.
- Working capital days have increased from 258 days to 613 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
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2,097 | 2,244 | 2,395 | 2,558 | 2,862 | 3,663 | 3,404 | 3,117 | 3,505 | 3,661 | 4,148 | 3,879 | |
635 | 629 | 1,211 | 820 | 903 | 1,099 | 1,168 | 1,049 | 1,241 | 1,312 | 1,563 | 1,784 | |
Operating Profit | 1,462 | 1,614 | 1,185 | 1,739 | 1,959 | 2,564 | 2,236 | 2,068 | 2,264 | 2,349 | 2,585 | 2,094 |
OPM % | 70% | 72% | 49% | 68% | 68% | 70% | 66% | 66% | 65% | 64% | 62% | 54% |
79 | 88 | 637 | 144 | 140 | 220 | 249 | 271 | 245 | 362 | 482 | 592 | |
Interest | 3 | 2 | 2 | 1 | 1 | 2 | 8 | 22 | 29 | 5 | 5 | 10 |
Depreciation | 453 | 588 | 485 | 391 | 440 | 647 | 679 | 382 | 287 | 468 | 514 | 522 |
Profit before tax | 1,085 | 1,112 | 1,334 | 1,490 | 1,658 | 2,136 | 1,798 | 1,935 | 2,193 | 2,238 | 2,549 | 2,154 |
Tax % | 34% | 34% | 35% | 34% | 34% | 35% | 24% | 21% | 25% | 25% | 26% | 23% |
717 | 737 | 870 | 979 | 1,093 | 1,395 | 1,372 | 1,520 | 1,645 | 1,675 | 1,875 | 1,654 | |
EPS in Rs | 18.19 | 18.71 | 22.07 | 24.85 | 27.74 | 35.39 | 34.81 | 38.58 | 41.74 | 42.49 | 47.58 | 41.98 |
Dividend Payout % | 52% | 60% | 70% | 40% | 36% | 21% | 72% | 13% | 33% | 35% | 35% | 36% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 3% |
3 Years: | 3% |
TTM: | -7% |
Compounded Profit Growth | |
---|---|
10 Years: | 9% |
5 Years: | 6% |
3 Years: | 3% |
TTM: | -9% |
Stock Price CAGR | |
---|---|
10 Years: | 8% |
5 Years: | 8% |
3 Years: | 12% |
1 Year: | -20% |
Return on Equity | |
---|---|
10 Years: | 21% |
5 Years: | 19% |
3 Years: | 18% |
Last Year: | 16% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 |
Reserves | 2,975 | 3,183 | 3,321 | 3,825 | 4,443 | 5,243 | 5,427 | 6,752 | 7,856 | 8,941 | 10,156 | 11,220 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 41 | 58 | 32 | 8 | 96 | |
307 | 211 | 265 | 328 | 550 | 629 | 693 | 788 | 622 | 785 | 815 | 829 | |
Total Liabilities | 3,479 | 3,591 | 3,782 | 4,350 | 5,190 | 6,069 | 6,317 | 7,778 | 8,733 | 9,955 | 11,176 | 12,342 |
1,242 | 1,074 | 820 | 1,102 | 1,039 | 936 | 946 | 768 | 1,633 | 1,591 | 1,585 | 1,794 | |
CWIP | 0 | 0 | 1 | 1 | 46 | 13 | 66 | 146 | 244 | 131 | 145 | 17 |
Investments | 677 | 694 | 864 | 1,454 | 2,412 | 3,050 | 2,949 | 3,764 | 3,857 | 5,631 | 7,075 | 8,242 |
1,560 | 1,823 | 2,098 | 1,792 | 1,693 | 2,070 | 2,355 | 3,100 | 3,000 | 2,602 | 2,372 | 2,289 | |
Total Assets | 3,479 | 3,591 | 3,782 | 4,350 | 5,190 | 6,069 | 6,317 | 7,778 | 8,733 | 9,955 | 11,176 | 12,342 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,158 | 1,141 | 1,256 | 1,301 | 1,344 | 1,777 | 1,610 | 1,444 | 1,614 | 2,057 | 2,137 | 1,625 | |
-751 | -499 | -359 | -724 | -1,265 | -1,065 | -366 | -1,142 | -1,009 | -1,524 | -1,288 | -1,050 | |
-431 | -635 | -737 | -475 | -475 | -596 | -1,217 | -243 | -596 | -621 | -692 | -611 | |
Net Cash Flow | -24 | 7 | 160 | 102 | -397 | 116 | 28 | 59 | 9 | -89 | 158 | -37 |
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 | 99 | 111 | 112 | 103 | 129 | 108 | 140 | 163 | 148 | 143 | 107 | 111 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 99 | 111 | 112 | 103 | 129 | 108 | 140 | 163 | 148 | 143 | 107 | 111 |
Working Capital Days | 86 | 114 | 137 | 87 | 85 | 77 | 104 | 104 | 109 | 91 | 70 | 613 |
ROCE % | 36% | 34% | 31% | 39% | 38% | 41% | 30% | 30% | 28% | 25% | 26% | 20% |
Documents
Announcements
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Closure of Trading Window
2d - Trading window closed from July 1, 2025, till 48 hours post Q1 June 2025 results announcement.
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Clarification From Sun TV Network Limited
20 Jun - Clarification on promoter's old family matter; no impact on company operations or disclosures.
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Clarification sought from Sun TV Network Ltd
20 Jun - Exchange has sought clarification from Sun TV Network Ltd on June 20, 2025, with reference to news appeared in https://www.thehindu.com dated June 20, 2025 quoting …
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Disclosure Under Regulation 30 Of SEBI LODR 2015
20 Jun - Clarification on promoter's past family dispute; no impact on company business or operations.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2 Jun - Newspaper Publication of Audited Financial results for the quarter and year ended 31st March 2025 of Sun TV Network Limited
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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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“