BSE:532515

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T.V. Today Network

Executive Summary

T.V. Today Network Limited, together with its subsidiaries, engages in television programming and broadcasting activities in India. More Details


Snowflake Analysis

Flawless balance sheet, undervalued and pays a dividend.


Similar Companies

Share Price & News

How has T.V. Today Network's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532515 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 532515's weekly volatility (4%) has been stable over the past year.


Market Performance


7 Day Return

4.1%

532515

2.7%

IN Media

2.3%

IN Market


1 Year Return

-27.4%

532515

-13.1%

IN Media

8.9%

IN Market

Return vs Industry: 532515 underperformed the Indian Media industry which returned -16.3% over the past year.

Return vs Market: 532515 underperformed the Indian Market which returned 7.4% over the past year.


Shareholder returns

532515IndustryMarket
7 Day4.1%2.7%2.3%
30 Day4.5%1.4%8.9%
90 Day-8.7%-8.4%10.2%
1 Year-26.7%-27.4%-11.7%-13.1%11.0%8.9%
3 Year-42.1%-46.7%-60.2%-61.7%6.2%1.0%
5 Year-9.6%-17.9%-47.3%-49.7%53.0%41.5%

Long-Term Price Volatility Vs. Market

How volatile is T.V. Today Network's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is T.V. Today Network undervalued compared to its fair value and its price relative to the market?

38.8%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 532515 (₹208.85) is trading below our estimate of fair value (₹341.53)

Significantly Below Fair Value: 532515 is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: 532515 is good value based on its PE Ratio (11.8x) compared to the IN Media industry average (13.9x).

PE vs Market: 532515 is good value based on its PE Ratio (11.8x) compared to the Indian market (17.1x).


Price to Earnings Growth Ratio

PEG Ratio: 532515 is good value based on its PEG Ratio (0.3x)


Price to Book Ratio

PB vs Industry: 532515's PB Ratio (1.4x) is in line with the IN Media industry average.


Next Steps

Future Growth

How is T.V. Today Network forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?

33.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 532515's forecast earnings growth (33.9% per year) is above the savings rate (7.2%).

Earnings vs Market: 532515's earnings (33.9% per year) are forecast to grow faster than the Indian market (24.2% per year).

High Growth Earnings: earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: 532515's revenue (9.8% per year) is forecast to grow slower than the Indian market (11.4% per year).

High Growth Revenue: 532515's revenue (9.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 532515's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has T.V. Today Network performed over the past 5 years?

8.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532515 has high quality earnings.

Growing Profit Margin: 532515's current net profit margins (13.7%) are lower than last year (16.9%).


Past Earnings Growth Analysis

Earnings Trend: 532515's earnings have grown by 8.9% per year over the past 5 years.

Accelerating Growth: 532515's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 532515 had negative earnings growth (-22.4%) over the past year, making it difficult to compare to the Media industry average (-24.3%).


Return on Equity

High ROE: 532515's Return on Equity (11.8%) is considered low.


Next Steps

Financial Health

How is T.V. Today Network's financial position?


Financial Position Analysis

Short Term Liabilities: 532515's short term assets (₹8.3B) exceed its short term liabilities (₹1.8B).

Long Term Liabilities: 532515's short term assets (₹8.3B) exceed its long term liabilities (₹229.8M).


Debt to Equity History and Analysis

Debt Level: 532515 is debt free.

Reducing Debt: 532515 has no debt compared to 5 years ago when its debt to equity ratio was 6.1%.

Debt Coverage: 532515 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 532515 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is T.V. Today Network current dividend yield, its reliability and sustainability?

10.65%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 532515's dividend (10.65%) is higher than the bottom 25% of dividend payers in the Indian market (0.53%).

High Dividend: 532515's dividend (10.65%) is in the top 25% of dividend payers in the Indian market (2.15%)


Stability and Growth of Payments

Stable Dividend: 532515's dividends per share have been stable in the past 10 years.

Growing Dividend: 532515's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (12.7%), 532515's dividend payments are thoroughly covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.0yrs

Average management tenure


CEO

Kalli Bhandal (48 yo)

2.58yrs

Tenure

₹93,548,751

Compensation

Ms. Kalli Purie Bhandal serves as a Director of HarperCollins Publishers India Ltd. Ms. Bhandal serves as MD & Vice Chairperson since April 1, 2018 & had been Whole Time Director of T.V. Today Network Limi...


CEO Compensation Analysis

Compensation vs Market: Kalli's total compensation ($USD1.26M) is above average for companies of similar size in the Indian market ($USD291.71K).

Compensation vs Earnings: Kalli's compensation has increased by more than 20% whilst company earnings have fallen more than 20% in the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Aroon Purie
Chairman of the Boardno data₹115.34m1.54%
₹ 184.4m
Kalli Bhandal
MD & Vice Chairperson2.58yrs₹93.55mno data
Ashish Sabharwal
Compliance Officer1.17yrs₹4.85mno data
Rahul Kanwal
Managing Editor of TVTNno data₹13.32mno data
Supriya Prasad
Managing Editorno data₹13.56mno data
Yatender Tyagi
Chief Financial Officerno datano datano data
Rehan Kidwai
Vice President of Operationsno data₹6.05mno data
Vivek Malhotra
Group Chief Marketing Officerno data₹6.17mno data
P. Misra
Head of Group HRno datano datano data
Deepak Sharma
no datano datano data
Sahil Joshi
Bureau Chief9.42yrsno datano data
Rahul Shaw
Chief Revenue Officerno data₹11.05m0.056%
₹ 6.7m

6.0yrs

Average Tenure

48.5yo

Average Age

Experienced Management: 532515's management team is seasoned and experienced (6 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Aroon Purie
Chairman of the Boardno data₹115.34m1.54%
₹ 184.4m
Kalli Bhandal
MD & Vice Chairperson2.58yrs₹93.55mno data
Anil Vig
Non-Executive Independent Director19.25yrs₹110.00kno data
Ashok Kapur
Independent Director11.08yrs₹150.00kno data
Rajeev Gupta
Non-Executive Independent Director4.67yrs₹40.00kno data
Devajyoti Bhattacharya
Non-Executive Non-Independent Director6.75yrsno datano data
Neera Malhotra
Additional Non-Executive Independent Director1.42yrs₹60.00k0.0015%
₹ 180.2k

5.7yrs

Average Tenure

62yo

Average Age

Experienced Board: 532515's board of directors are considered experienced (5.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

T.V. Today Network Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: T.V. Today Network Limited
  • Ticker: 532515
  • Exchange: BSE
  • Founded: 1999
  • Industry: Broadcasting
  • Sector: Media
  • Market Cap: ₹11.934b
  • Shares outstanding: 59.67m
  • Website: https://aajtak.intoday.in

Location

  • T.V. Today Network Limited
  • India Today Group Mediaplex
  • FC-8, Sector- 16A
  • Noida
  • Uttar Pradesh
  • 201301
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532515BSE (Mumbai Stock Exchange)YesEquity SharesININRJan 2004
TVTODAYNSEI (National Stock Exchange of India)YesEquity SharesININRJan 2004

Biography

T.V. Today Network Limited, together with its subsidiaries, engages in television programming and broadcasting activities in India. The company operates through three segments: Television Broadcasting, Rad...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/24 12:58
End of Day Share Price2020/11/24 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.