Indian (NIFTY) Broadcasting Industry Analysis

Industry Valuation and Performance

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

Date	Market Cap	Revenue	Earnings	PE	Absolute PE	PS
Mon, 22 Jun 2026	₹403.8b	₹177.7b	₹15.5b	33x	26x	2.3x
Wed, 20 May 2026	₹378.1b	₹180.7b	₹19.9b	27.5x	19x	2.1x
Fri, 17 Apr 2026	₹410.0b	₹174.6b	₹23.1b	20.4x	17.8x	2.3x
Sun, 15 Mar 2026	₹372.9b	₹174.6b	₹23.1b	21x	16.2x	2.1x
Tue, 10 Feb 2026	₹405.3b	₹174.1b	₹22.6b	26.3x	17.9x	2.3x
Thu, 08 Jan 2026	₹409.3b	₹179.0b	₹8.4b	30.2x	48.8x	2.3x
Sat, 06 Dec 2025	₹409.5b	₹179.0b	₹8.4b	29.1x	48.8x	2.3x
Mon, 03 Nov 2025	₹427.5b	₹174.6b	₹8.7b	41.4x	49.2x	2.4x
Wed, 01 Oct 2025	₹436.5b	₹192.8b	₹6.2b	63.9x	70.4x	2.3x
Fri, 29 Aug 2025	₹458.1b	₹192.8b	₹6.2b	60.7x	73.8x	2.4x
Sun, 27 Jul 2025	₹482.3b	₹193.4b	₹6.0b	28x	80.2x	2.5x
Tue, 24 Jun 2025	₹512.6b	₹224.3b	₹3.9b	29.1x	133.1x	2.3x
Thu, 22 May 2025	₹494.2b	₹225.1b	₹4.2b	35.4x	116.8x	2.2x
Sat, 19 Apr 2025	₹490.1b	₹243.7b	₹1.9b	47.1x	264.6x	2x
Mon, 17 Mar 2025	₹431.9b	₹243.7b	₹1.9b	46.2x	233.1x	1.8x
Wed, 12 Feb 2025	₹465.9b	₹243.9b	₹1.9b	53.7x	245.5x	1.9x
Fri, 10 Jan 2025	₹633.8b	₹337.4b	₹16.1b	51.9x	39.4x	1.9x
Sun, 08 Dec 2024	₹704.8b	₹337.4b	₹16.1b	57.4x	43.8x	2.1x
Tue, 05 Nov 2024	₹678.0b	₹338.8b	₹16.7b	38x	40.5x	2x
Thu, 03 Oct 2024	₹703.1b	₹343.3b	₹17.9b	46.5x	39.2x	2x
Sat, 31 Aug 2024	₹713.1b	₹343.3b	₹18.1b	42.6x	39.3x	2.1x
Mon, 29 Jul 2024	₹704.0b	₹340.6b	₹17.2b	52.3x	40.9x	2.1x
Wed, 26 Jun 2024	₹664.6b	₹343.1b	₹18.8b	50.7x	35.3x	1.9x
Fri, 24 May 2024	₹637.8b	₹341.8b	₹17.1b	34.9x	37.2x	1.9x
Sun, 21 Apr 2024	₹606.0b	₹339.1b	₹18.6b	26.3x	32.6x	1.8x
Tue, 19 Mar 2024	₹618.8b	₹320.6b	₹20.0b	25.5x	30.9x	1.9x
Thu, 15 Feb 2024	₹730.0b	₹320.6b	₹18.1b	121.2x	40.3x	2.3x
Sat, 13 Jan 2024	₹837.4b	₹322.1b	₹18.7b	119.9x	44.7x	2.6x
Mon, 11 Dec 2023	₹779.2b	₹322.1b	₹18.7b	91.5x	41.6x	2.4x
Wed, 08 Nov 2023	₹718.1b	₹315.5b	₹18.1b	107.9x	39.6x	2.3x
Fri, 06 Oct 2023	₹697.7b	₹309.5b	₹19.1b	100.3x	36.5x	2.3x
Sun, 03 Sep 2023	₹713.4b	₹309.5b	₹19.1b	92x	37.3x	2.3x
Tue, 01 Aug 2023	₹628.0b	₹306.6b	₹20.0b	88.8x	31.4x	2x
Thu, 29 Jun 2023	₹523.3b	₹268.8b	₹20.6b	61.4x	25.5x	1.9x

Current Industry PE

Investors are pessimistic on the Indian Broadcasting industry, indicating that they anticipate long term growth rates will be lower than they have historically.

The industry is trading at a PE ratio of 26.0x which is lower than its 3-year average PE of 63.0x.

The industry is trading close to its 3-year average PS ratio of 2.2x.

Past Earnings Growth

The earnings for companies in the Broadcasting industry have declined 8.9% per year over the last three years,
Revenues have also declined 13% per year.
This means overall sales from these companies are declining and profits are subsequently falling as well.

Industry Comparison

How does Indian Broadcasting compare with similar industries?


IN Market	2.85%
Telecom	3.76%
Media	1.41%
Broadcasting	1.79%
Cable and Satellite	11.75%
Publishing	1.08%
Advertising	-0.32%

Industry PEThere are no additional sub-industries under this industry.

Forecasted GrowthThere are no additional sub-industries under this industry.

Top Stock Gainers and Losers

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

Company	Last Price	7D	1Y	Valuation
ZEEL Zee Entertainment Enterprises	₹115.75	6.7% +₹7.0b	-22.7%	PE40.7x
SUNTV Sun TV Network	₹524.70	1.3% +₹2.7b	-12.5%	PE14.4x
NETWORK18 Network18 Media & Investments	₹34.12	4.9% +₹2.4b	-37.1%	PE34.6x
NDTV New Delhi Television	₹82.84	1.2% +₹114.0m	-45.5%	PS1.8x
TVTODAY T.V. Today Network	₹108.15	1.4% +₹90.7m	-36.6%	PE31.9x

Company

Last Price

Valuation

ZEEL Zee Entertainment Enterprises

₹115.75

6.7%
+₹7.0b

-22.7%

PE40.7x

SUNTV Sun TV Network

₹524.70

1.3%
+₹2.7b

-12.5%

PE14.4x

NETWORK18 Network18 Media & Investments

₹34.12

4.9%
+₹2.4b

-37.1%

PE34.6x

NDTV New Delhi Television

₹82.84

1.2%
+₹114.0m

-45.5%

PS1.8x

TVTODAY T.V. Today Network

₹108.15

1.4%
+₹90.7m

-36.6%

PE31.9x

New major risk - Earnings quality

The company has a high level of non-cash earnings. Accrual ratio: 27% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (27% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (8.9% average weekly change). Market cap is less than US$100m (₹1.89b market cap, or US$19.7m).

Indian (NIFTY) Broadcasting Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

ZEEL: Sports Foray And Fundraising Plans Will Support Bullish Repricing

Investor sentiment improves as stock rises 16%

Now 22% overvalued after recent price rise

NDTV Digital Announces Appointment of Vinay Sarawagi as Chief Content Officer

Full year 2026 earnings released: EPS: ₹0.03 (vs ₹1.91 loss in FY 2025)

Now 22% undervalued after recent price drop

Full year 2026 earnings released: ₹8.90 loss per share (vs ₹6.90 loss in FY 2025)

New minor risk - Profit margin trend

Sharpline Broadcast Limited to Report Q4, 2026 Results on May 30, 2026

New major risk - Earnings quality

Full year 2026 earnings released: EPS: ₹0.25 (vs ₹0.96 in FY 2025)

B.A.G. Convergence (NSE:BAGDIGITAL) Strong Profits May Be Masking Some Underlying Issues

Full year 2026 earnings released: EPS: ₹3.39 (vs ₹13.81 in FY 2025)

Full year 2026 earnings released: ₹1.55 loss per share (vs ₹2.42 profit in FY 2025)