TV18 Broadcast Limited, together with its subsidiaries, operates a television broadcasting network in India.
Solid track record with adequate balance sheet.
Share Price & News
How has TV18 Broadcast's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: TV18BRDCST's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: TV18BRDCST exceeded the Indian Media industry which returned -26% over the past year.
Return vs Market: TV18BRDCST exceeded the Indian Market which returned -5.3% over the past year.
Price Volatility Vs. Market
How volatile is TV18 Broadcast's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StTV18 Broadcast Limited's (NSE:TV18BRDCST) Share Price Matching Investor Opinion
1 week ago | Simply Wall StHere's Why TV18 Broadcast (NSE:TV18BRDCST) Has A Meaningful Debt Burden
4 weeks ago | Simply Wall StHow Does TV18 Broadcast's (NSE:TV18BRDCST) P/E Compare To Its Industry, After Its Big Share Price Gain?
Is TV18 Broadcast undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: TV18BRDCST (₹34.4) is trading above our estimate of fair value (₹0.25)
Significantly Below Fair Value: TV18BRDCST is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: TV18BRDCST is poor value based on its PE Ratio (24.4x) compared to the Media industry average (10.6x).
PE vs Market: TV18BRDCST is poor value based on its PE Ratio (24.4x) compared to the Indian market (12.7x).
Price to Earnings Growth Ratio
PEG Ratio: TV18BRDCST is poor value based on its PEG Ratio (1.7x)
Price to Book Ratio
PB vs Industry: TV18BRDCST is overvalued based on its PB Ratio (1.6x) compared to the IN Media industry average (1.1x).
How is TV18 Broadcast forecast to perform in the next 1 to 3 years based on estimates from 2 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: TV18BRDCST's forecast earnings growth (14.1% per year) is above the savings rate (7.2%).
Earnings vs Market: TV18BRDCST's earnings (14.1% per year) are forecast to grow slower than the Indian market (18.9% per year).
High Growth Earnings: TV18BRDCST's earnings are forecast to grow, but not significantly.
Revenue vs Market: TV18BRDCST's revenue (9.1% per year) is forecast to grow faster than the Indian market (7.3% per year).
High Growth Revenue: TV18BRDCST's revenue (9.1% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: TV18BRDCST's Return on Equity is forecast to be low in 3 years time (10%).
How has TV18 Broadcast performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: TV18BRDCST has high quality earnings.
Growing Profit Margin: TV18BRDCST's current net profit margins (4.7%) are higher than last year (3.4%).
Past Earnings Growth Analysis
Earnings Trend: TV18BRDCST's earnings have grown by 5.2% per year over the past 5 years.
Accelerating Growth: TV18BRDCST's earnings growth over the past year (44.9%) exceeds its 5-year average (5.2% per year).
Earnings vs Industry: TV18BRDCST earnings growth over the past year (44.9%) exceeded the Media industry 2.7%.
Return on Equity
High ROE: TV18BRDCST's Return on Equity (9.1%) is considered low.
How is TV18 Broadcast's financial position?
Financial Position Analysis
Short Term Liabilities: TV18BRDCST's short term assets (₹49.0B) exceed its short term liabilities (₹36.5B).
Long Term Liabilities: TV18BRDCST's short term assets (₹49.0B) exceed its long term liabilities (₹1.6B).
Debt to Equity History and Analysis
Debt Level: TV18BRDCST's debt to equity ratio (38.5%) is considered satisfactory.
Reducing Debt: TV18BRDCST's debt to equity ratio has increased from 15.2% to 38.5% over the past 5 years.
Debt Coverage: TV18BRDCST's debt is not well covered by operating cash flow (8.6%).
Interest Coverage: TV18BRDCST's interest payments on its debt are well covered by EBIT (3.8x coverage).
What is TV18 Broadcast current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate TV18BRDCST's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate TV18BRDCST's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if TV18BRDCST's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if TV18BRDCST's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of TV18BRDCST's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Amba Parigi (71yo)
Mr. Amba Preetham Parigi has been Advisor to Chairman for Network18 Media & Investments Limited since October 1, 2015 and served as its Group Chief Executive Officer from January 29, 2015 to September 30, ...
|MD & Director||1.75yrs||₹24.89m||no data|
|Group Chief Executive officer||no data||no data||no data|
|Chief Financial Officer||4.75yrs||no data||no data|
|Chief Operating Officer||23.08yrs||no data||no data|
|Senior Vice President of Legal||6.17yrs||no data||no data|
|Company Secretary & Compliance Officer||0.42yr||no data||no data|
|Executive Vice President of Human Resource||12.17yrs||no data||no data|
|National Revenue Head for CNN-IBN||5.25yrs||no data||no data|
|Revenue Head of Government/International & Specialprojects||no data||no data||no data|
|National Head of Sales - News18 Regional||no data||no data||no data|
Experienced Management: TV18BRDCST's management team is seasoned and experienced (5.3 years average tenure).
|MD & Director||1.75yrs||₹24.89m||no data|
|Additional Independent Director||1yr||no data||no data|
|Non-Executive Director||3.08yrs||₹700.00k||no data|
|Independent Director||4.75yrs||₹1.50m||no data|
|Independent Director||4.75yrs||₹600.00k||no data|
|Independent Chairman of the Board||5yrs||₹1.50m||no data|
|Non-Executive Director||2yrs||₹300.00k||no data|
Experienced Board: TV18BRDCST's board of directors are considered experienced (3.1 years average tenure).
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.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
TV18 Broadcast Limited's company bio, employee growth, exchange listings and data sources
- Name: TV18 Broadcast Limited
- Ticker: TV18BRDCST
- Exchange: NSEI
- Founded: 2005
- Industry: Broadcasting
- Sector: Media
- Market Cap: ₹59.403b
- Shares outstanding: 1.71b
- Website: https://www.nw18.com
Number of Employees
- TV18 Broadcast Limited
- Empire Complex
- First Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|532800||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||Feb 2007|
|TV18BRDCST||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Feb 2007|
TV18 Broadcast Limited, together with its subsidiaries, operates a television broadcasting network in India. It operates business news channels, such as CNBC-TV18, CNBC Awaaz, and CNBC Bajar; general news channels, including CNN News18, News18 India, and News18; and regional news channels comprising News18 network. The company also operates Hindi general entertainment channels consisting of Colors, Colors Rishtey, Rishtey Cineplex, MTV India, and MTV Beats; English entertainment channels, such as VH1, Comedy Central, and Colors Infinity; and regional entertainment channels consisting of Colors Kannada, Colors Super, Kannada Cinema, Colors Bangla, Colors Marathi, Colors Gujarati, Colors Oriya, and Colors Tamil. In addition, it operates kids entertainment channels comprising Nickelodeon, Sonic, Nick Jr., and Nick HD+; factual entertainment and lifestyle channels, such as HistoryTV18 and FYI TV18; VOOT, a Viacom18’s premium ad supported video-on-demand platform; filmed entertainment channels, such as Viacom18 Motion Pictures; and IndiaCast, a content asset monetization channel, as well as integrated network solutions. The company was formerly known as ibn18 Broadcast Limited and changed its name to TV18 Broadcast Limited in June 2011. TV18 Broadcast Limited was incorporated in 2005 and is based in Mumbai, India. TV18 Broadcast Limited is a subsidiary of Network18 Media & Investments Limited.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/07/08 12:52|
|End of Day Share Price||2020/07/08 00:00|
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.