Investing IdeasBrowse All StocksMarkets
Have your own idea? Try our Stock Screener
Header cover image

Indian (NIFTY) Media Industry Analysis

UpdatedJan 07, 2026
DataAggregated Company Financials
Companies60
  • 7D1.1%
  • 3M-7.3%
  • 1Y-19.7%
  • YTD0.2%

The Media industry is up 1.1% in the last week, with Affle 3i up 2.3%. In the past year, the industry is down 20%. Looking forward, earnings are forecast to grow by 16% annually.

Industry Valuation and Performance

Has the Indian Media Industry valuation changed over the past few years?

DateMarket CapRevenueEarningsPEAbsolute PEPS
Wed, 07 Jan 2026₹1.0t₹478.3b₹31.0b17.7x33.2x2.1x
Fri, 05 Dec 2025₹1.0t₹477.7b₹30.9b19.2x32.5x2.1x
Sun, 02 Nov 2025₹1.1t₹457.4b₹43.9b23.1x24.4x2.3x
Tue, 30 Sep 2025₹1.1t₹473.4b₹41.5b23x26.3x2.3x
Thu, 28 Aug 2025₹1.1t₹473.0b₹41.5b23.8x25.7x2.3x
Sat, 26 Jul 2025₹1.1t₹464.6b₹39.4b25.2x27.3x2.3x
Mon, 23 Jun 2025₹1.1t₹458.6b₹24.5b21.1x43.9x2.3x
Wed, 21 May 2025₹1.0t₹455.0b₹31.6b19.8x32.8x2.3x
Fri, 18 Apr 2025₹1.0t₹470.4b₹28.5b22x35.7x2.2x
Sun, 16 Mar 2025₹947.1b₹517.9b₹34.8b19.8x27.3x1.8x
Tue, 11 Feb 2025₹1.1t₹515.4b₹12.5b25.2x86x2.1x
Thu, 09 Jan 2025₹1.3t₹605.9b₹26.2b27.8x48.7x2.1x
Sat, 07 Dec 2024₹1.4t₹611.5b₹27.9b26.9x49.9x2.3x
Mon, 04 Nov 2024₹1.3t₹604.1b₹52.3b28.2x25.2x2.2x
Wed, 02 Oct 2024₹1.4t₹609.6b₹53.1b31.7x25.9x2.3x
Fri, 30 Aug 2024₹1.4t₹631.8b₹58.8b31.2x23.1x2.2x
Sun, 28 Jul 2024₹1.3t₹624.9b₹52.3b29.8x25.4x2.1x
Tue, 25 Jun 2024₹1.3t₹627.1b₹53.8b27.7x23.4x2x
Thu, 23 May 2024₹1.2t₹621.1b₹49.5b27.2x24.2x1.9x
Sat, 20 Apr 2024₹1.2t₹629.5b₹51.2b26.2x22.7x1.8x
Mon, 18 Mar 2024₹1.1t₹595.1b₹51.9b25.7x21.5x1.9x
Wed, 14 Feb 2024₹1.2t₹587.4b₹49.5b31.9x24.8x2.1x
Fri, 12 Jan 2024₹1.4t₹584.1b₹49.5b27.6x28.5x2.4x
Sun, 10 Dec 2023₹1.3t₹583.2b₹49.6b25.3x25.6x2.2x
Tue, 07 Nov 2023₹1.2t₹502.0b₹33.6b38x34.6x2.3x
Thu, 05 Oct 2023₹1.1t₹492.5b₹34.0b32.2x33.2x2.3x
Sat, 02 Sep 2023₹1.1t₹492.6b₹34.0b30.8x33.1x2.3x
Mon, 31 Jul 2023₹1.0t₹491.0b₹35.4b22.1x28.6x2.1x
Wed, 28 Jun 2023₹874.3b₹450.5b₹34.7b23.9x25.2x1.9x
Fri, 26 May 2023₹823.8b₹456.8b₹37.0b20.8x22.3x1.8x
Sun, 23 Apr 2023₹826.8b₹468.9b₹18.6b19.4x44.4x1.8x
Tue, 21 Mar 2023₹852.6b₹469.4b₹20.6b18x41.3x1.8x
Thu, 16 Feb 2023₹896.2b₹469.7b₹21.3b18.9x42.1x1.9x
Sat, 14 Jan 2023₹967.1b₹476.0b₹28.1b20x34.4x2x
Price to Earnings Ratio

34.4x


Total Market Cap: ₹967.1bTotal Earnings: ₹28.1bTotal Revenue: ₹476.0bTotal Market Cap vs Earnings and Revenue0%0%0%
Indian Media Industry Price to Earnings3Y Average 36.1x202420252026
Current Industry PE
  • Investors are relatively neutral on the Indian Media industry at the moment, indicating that they anticipate long term growth rates to remain steady.
  • The industry is trading close to its 3-year average PE ratio of 36.1x.
  • The 3-year average PS ratio of 2.4x is higher than the industry's current PS ratio of 2.1x.
Past Earnings Growth
  • The earnings for companies in the Media industry have grown 3.3% per year over the last three years, while revenues have remained mostly flat.
  • This means that companies overall are more efficiently conducting business since profits are increasing while sales have been flat.

Industry Trends

Which industries have driven the changes within the Indian Telecom industry?

IN Market1.67%
Telecom0.57%
Media1.11%
Cable and Satellite2.01%
Advertising1.16%
Broadcasting1.16%
Publishing0.55%
Industry PE
  • Investors are most optimistic about the Broadcasting industry even though it's trading below its 3-year average PE ratio of 63.3x.
    • Analysts are expecting annual earnings growth of 14.0%, which is higher than its past year's earnings decline of 18.2% per year.
Forecasted Growth
  • Analysts are most optimistic on the Cable and Satellite industry, expecting annual earnings growth of 119% over the next 5 years.
  • This is better than its past earnings decline of 17% per year.
  • In contrast, the Publishing industry is expected to see its earnings grow by 8.8% per year over the next few years.

Top Stock Gainers and Losers

Which companies have driven the market over the last 7 days?

CompanyLast Price7D1YValuation
NAVNETEDUL Navneet Education₹155.638.4%
+₹2.7b		11.5%PE16.9x
ZEEL Zee Entertainment Enterprises₹92.122.4%
+₹2.1b		-31.1%PE15.5x
531035 Eraaya Lifespaces₹41.0011.3%
+₹888.7m		-58.6%PS0.4x
NETWORK18 Network18 Media & Investments₹43.841.0%
+₹693.9m		-36.0%PS2.3x
543831 Bright Outdoor Media₹428.805.0%
+₹444.1m		37.4%PE46.8x

Latest News

DEN
₹31.98
DEN Networks
7D
2.7%
1Y
-26.6%
NETWORK18
₹43.84
Network18 Media & Investments
7D
1.0%
1Y
-36.0%
ZEEL
₹92.12
Zee Entertainment Enterprises
7D
2.4%
1Y
-31.1%

ZEEL: Board Turnover And Q2 Results Will Support Bullish Repricing

Analysts have trimmed their fair value estimate for Zee Entertainment Enterprises from ₹200.00 to about ₹184.94. This reflects updated assumptions around revenue growth, profit margins, a slightly higher discount rate, and a lower expected future P/E multiple.
SUNTV
₹558.90
Sun TV Network
7D
-4.9%
1Y
-16.5%

Capital Allocation Trends At Sun TV Network (NSE:SUNTV) Aren't Ideal

Jan 01
Capital Allocation Trends At Sun TV Network (NSE:SUNTV) Aren't Ideal
NAVNETEDUL
₹155.63
Navneet Education
7D
8.4%
1Y
11.5%

NAVNETEDUL: Elevated Expectations For Cloud Platform Will Expose Growing Execution Risks

Analysts have raised their price target for Navneet Education by $7 to $26, citing expectations for rapid revenue growth, scalable margins, and an underappreciated opportunity in its modern, cloud based platform for the large, fragmented travel and expense market. Analyst Commentary Recent Street research on Navneet Education highlights a broadly constructive stance on the company, with initial ratings clustered in the Buy and Outperform range and price targets bracketing the newly raised $26 objective.
531637
₹311.50
Praveg
7D
-2.1%
1Y
-55.7%
544435
₹113.60
Adcounty Media India
7D
8.2%
1Y
n/a
543831
₹428.80
Bright Outdoor Media
7D
5.0%
1Y
37.4%
532368
₹10.41
Brightcom Group
7D
-1.2%
1Y
1.3%
DBCORP
₹255.40
D. B
7D
-2.8%
1Y
-11.8%
MPSLTD
₹1,967.80
MPS
7D
-3.2%
1Y
0.06%

Investors Shouldn't Be Too Comfortable With MPS' (NSE:MPSLTD) Earnings

Nov 20
Investors Shouldn't Be Too Comfortable With MPS' (NSE:MPSLTD) Earnings
531035
₹41.00
Eraaya Lifespaces
7D
11.3%
1Y
-58.6%
VERTOZ
₹68.64
Vertoz
7D
-3.7%
1Y
-50.0%
EFACTOR
₹325.00
E Factor Experiences
7D
-3.6%
1Y
18.2%
SIGNPOST
₹209.78
Signpost India
7D
-5.0%
1Y
-46.2%
DISHTV
₹4.17
Dish TV India
7D
4.8%
1Y
-58.2%