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
Fri, 22 May 2026	₹371.1b	₹180.7b	₹19.9b	26.7x	18.7x	2.1x
Sun, 19 Apr 2026	₹416.3b	₹174.6b	₹23.1b	20.3x	18x	2.4x
Tue, 17 Mar 2026	₹372.9b	₹174.6b	₹23.1b	21x	16.2x	2.1x
Thu, 12 Feb 2026	₹423.0b	₹174.1b	₹22.5b	24.3x	18.8x	2.4x
Sat, 10 Jan 2026	₹403.7b	₹179.0b	₹8.4b	29.3x	48.1x	2.3x
Mon, 08 Dec 2025	₹409.5b	₹179.0b	₹8.4b	29.1x	48.8x	2.3x
Wed, 05 Nov 2025	₹429.7b	₹174.6b	₹8.7b	41.8x	49.4x	2.5x
Fri, 03 Oct 2025	₹471.1b	₹192.8b	₹6.2b	63.9x	75.9x	2.4x
Sun, 31 Aug 2025	₹460.4b	₹192.8b	₹6.2b	55.8x	74.2x	2.4x
Tue, 29 Jul 2025	₹470.1b	₹193.4b	₹6.0b	28x	78.2x	2.4x
Thu, 26 Jun 2025	₹519.1b	₹224.3b	₹3.9b	29.1x	134.8x	2.3x
Sat, 24 May 2025	₹498.1b	₹225.4b	₹4.2b	42.9x	117.6x	2.2x
Mon, 21 Apr 2025	₹490.1b	₹229.8b	₹2.7b	47.1x	184.9x	2.1x
Wed, 19 Mar 2025	₹439.4b	₹243.7b	₹1.9b	45.5x	237.2x	1.8x
Fri, 14 Feb 2025	₹459.5b	₹243.6b	₹1.8b	52.3x	251.3x	1.9x
Sun, 12 Jan 2025	₹619.5b	₹337.4b	₹16.1b	51.2x	38.5x	1.8x
Tue, 10 Dec 2024	₹696.9b	₹337.4b	₹16.1b	56.7x	43.3x	2.1x
Thu, 07 Nov 2024	₹691.9b	₹338.8b	₹16.7b	39.2x	41.4x	2x
Sat, 05 Oct 2024	₹669.1b	₹343.3b	₹17.9b	46x	37.3x	1.9x
Mon, 02 Sep 2024	₹713.1b	₹343.3b	₹18.1b	42.6x	39.3x	2.1x
Wed, 31 Jul 2024	₹731.8b	₹340.8b	₹16.8b	51.5x	43.5x	2.1x
Fri, 28 Jun 2024	₹666.0b	₹343.1b	₹18.8b	50.9x	35.4x	1.9x
Sun, 26 May 2024	₹640.7b	₹348.7b	₹17.9b	34.2x	35.8x	1.8x
Tue, 23 Apr 2024	₹606.0b	₹339.1b	₹18.6b	26.3x	32.6x	1.8x
Thu, 21 Mar 2024	₹596.2b	₹320.6b	₹20.0b	25x	29.8x	1.9x
Sat, 17 Feb 2024	₹719.5b	₹321.0b	₹20.0b	34.6x	35.9x	2.2x
Mon, 15 Jan 2024	₹837.4b	₹322.1b	₹18.7b	119.9x	44.7x	2.6x
Wed, 13 Dec 2023	₹790.8b	₹322.1b	₹18.7b	93.6x	42.2x	2.5x
Fri, 10 Nov 2023	₹720.6b	₹315.8b	₹18.2b	107.4x	39.6x	2.3x
Sun, 08 Oct 2023	₹717.1b	₹309.5b	₹19.1b	98.6x	37.5x	2.3x
Tue, 05 Sep 2023	₹716.8b	₹309.5b	₹19.1b	91.5x	37.5x	2.3x
Thu, 03 Aug 2023	₹603.1b	₹306.6b	₹20.0b	85.2x	30.2x	2x
Sat, 01 Jul 2023	₹520.8b	₹268.8b	₹20.6b	61.4x	25.3x	1.9x
Mon, 29 May 2023	₹526.7b	₹270.9b	₹20.5b	61.7x	25.7x	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 18.6x which is lower than its 3-year average PE of 63.1x.

The industry is trading close to its 3-year average PS ratio of 2.1x.

Past Earnings Growth

The earnings for companies in the Broadcasting industry have remained mostly flat over the last three years.
Meanwhile revenues for these companies have declined 13% per year.
This means that the cost of doing business could be reducing since sales have declined but profits have remained steady.

Industry Comparison

How does Indian Broadcasting compare with similar industries?


IN Market	-0.16%
Telecom	0.58%
Media	-1.32%
Broadcasting	-2.73%
Publishing	2.46%
Cable and Satellite	0.99%
Advertising	-1.59%

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
539515 Quint Digital	₹40.00	4.7% +₹85.4m	-34.0%	PE4.6x
RADIOCITY Music Broadcast	₹6.12	1.8% +₹38.0m	-35.1%	PS1.1x
BAGDIGITAL B.A.G. Convergence	₹115.35	0.3% +₹7.4m	n/a	PE22.7x
533268 Sea TV Network	₹4.05	14.1% +₹6.0m	-39.1%	PE7.1x
NEXTMEDIA Next Mediaworks	₹4.05	1.8% +₹4.7m	-42.4%	PE0.4x

New major risk - Shareholder dilution

The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 71% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (12% average weekly change). Shareholders have been substantially diluted in the past year (71% increase in shares outstanding). Market cap is less than US$10m (₹342.8m market cap, or US$3.73m).

Indian (NIFTY) Broadcasting Industry Analysis

Industry Valuation and Performance

Industry Comparison

Top Stock Gainers and Losers

Latest News

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

Quint Digital Limited to Report Q4, 2026 Results on May 22, 2026

ZEEL: Planned Bond Redemption And Content Slump Sale Will Support Upside

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)

Next Mediaworks Limited to Report Q4, 2026 Results on May 22, 2026

Sea TV Network Limited to Report Q4, 2026 Results on May 20, 2026

Sun TV Network Limited to Report Q4, 2026 Results on May 21, 2026

Full year 2026 earnings released: EPS: ₹0.15 (vs ₹4.05 loss in FY 2025)

Crystal Business System Limited to Report Q4, 2026 Results on May 15, 2026

We Think You Should Be Aware Of Some Concerning Factors In Network18 Media & Investments' (NSE:NETWORK18) Earnings

Investor sentiment improves as stock rises 17%

New major risk - Shareholder dilution

Third quarter 2026 earnings released: ₹1.55 loss per share (vs ₹1.70 loss in 3Q 2025)

New major risk - Revenue and earnings growth