Reported Earnings • May 28
Full year 2026 earnings released: ₹8.90 loss per share (vs ₹6.90 loss in FY 2025) Full year 2026 results: ₹8.90 loss per share (further deteriorated from ₹6.90 loss in FY 2025). Revenue: ₹142.5m (down 74% from FY 2025). Net loss: ₹344.9m (loss widened 29% from FY 2025). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Reported Earnings • Feb 05
Third quarter 2026 earnings released: ₹1.55 loss per share (vs ₹1.70 loss in 3Q 2025) Third quarter 2026 results: ₹1.55 loss per share (improved from ₹1.70 loss in 3Q 2025). Revenue: ₹5.05m (down 95% from 3Q 2025). Net loss: ₹60.1m (loss narrowed 8.9% from 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings. New Risk • Dec 11
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹37m free cash flow). Negative equity (-₹1.6b). Market cap is less than US$10m (₹251.1m market cap, or US$2.78m). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Revenue is less than US$5m (₹337m revenue, or US$3.7m). Reported Earnings • Nov 13
Second quarter 2026 earnings released: ₹2.58 loss per share (vs ₹1.36 loss in 2Q 2025) Second quarter 2026 results: ₹2.58 loss per share (further deteriorated from ₹1.36 loss in 2Q 2025). Revenue: ₹59.8m (down 53% from 2Q 2025). Net loss: ₹99.9m (loss widened 90% from 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Duyuru • Oct 20
Tv Vision Limited Announces Appointment of Aashi Neema as Company Secretary & Compliance Officer, Effective October 17, 2025 Tv Vision Limited at its board Meeting Held On October 17, 2025 appointed Ms. Aashi Neema as Company Secretary & Compliance Officer (Key Managerial Personnel) of the Company effective October 17, 2025. She holds a Bachelor's degree in Commerce (B.Com.) and is a Bachelor in Law (LL.B.). She is a Qualified Company Secretary from the Institute of Company Secretaries of India. She has experience of more than 3 years in the field of Secretarial matters, Corporate laws and SEBI regulations. New Risk • Aug 08
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: ₹389m (US$4.4m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-₹1.4b). Market cap is less than US$10m (₹272.4m market cap, or US$3.11m). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Revenue is less than US$5m (₹389m revenue, or US$4.4m). New Risk • Aug 07
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Negative equity (-₹1.4b). Market cap is less than US$10m (₹274.3m market cap, or US$3.13m). Minor Risk Share price has been volatile over the past 3 months (6.8% average weekly change). Duyuru • Aug 02
TV Vision Limited to Report Q1, 2026 Results on Aug 07, 2025 TV Vision Limited announced that they will report Q1, 2026 results on Aug 07, 2025 Reported Earnings • May 30
Full year 2025 earnings released: ₹6.90 loss per share (vs ₹6.13 loss in FY 2024) Full year 2025 results: ₹6.90 loss per share (further deteriorated from ₹6.13 loss in FY 2024). Revenue: ₹550.4m (down 5.7% from FY 2024). Net loss: ₹267.4m (loss widened 13% from FY 2024). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Reported Earnings • Jan 31
Third quarter 2025 earnings released: ₹1.70 loss per share (vs ₹2.29 loss in 3Q 2024) Third quarter 2025 results: ₹1.70 loss per share (improved from ₹2.29 loss in 3Q 2024). Revenue: ₹111.1m (down 11% from 3Q 2024). Net loss: ₹66.0m (loss narrowed 26% from 3Q 2024). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. New Risk • Dec 31
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹828.4m (US$9.68m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Negative equity (-₹1.3b). Market cap is less than US$10m (₹828.4m market cap, or US$9.68m). Reported Earnings • Oct 29
Second quarter 2025 earnings released: ₹1.36 loss per share (vs ₹1.40 loss in 2Q 2024) Second quarter 2025 results: ₹1.36 loss per share (improved from ₹1.40 loss in 2Q 2024). Revenue: ₹127.0m (down 14% from 2Q 2024). Net loss: ₹52.7m (loss narrowed 2.7% from 2Q 2024). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has increased by 74% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Oct 23
TV Vision Limited to Report Q2, 2025 Results on Oct 28, 2024 TV Vision Limited announced that they will report Q2, 2025 results on Oct 28, 2024 Duyuru • Sep 10
TV Vision Limited Announces Resignation of Markand Adhikari as Chairman and Reconstitution of Committees TV Vision Limited at its board meeting held on September 09, 2024, noted and accepted the resignation of Mr. Markand Adhikari as the Chairman of the Company with effect from end of September 09, 2024 in order to give an opportunity to the next generation of Promoter family to steer the business ahead. However, he will overview the business of the Company as and when required as Chairman Emeritus. The Board of Directors has approved reconstitution of following committees of the Company with effect from September 09, 2024: Audit Committee: Chairman: Mr. M Soundaran Pandian and Members: Mr. Ganesh P. Raut, Mr. Umakanth Bhyravajoshyulu, Mr. Pritesh Rajgor, Mr. Ravi Adhikari. Nomination & Remuneration Committee: Chairman: Mr. Umakanth Bhyravajoshyulu and Members: Mr. Ganesh Raut, Mr. M. Soundaran Pandian, Mr. Pritesh Rajgor, Mr. Ravi Adhikari. Stakeholders Relationship Committee: Chairman: Mr. Ganesh P. Raut and Members: Mr. Umakanth Bhyravajoshyulu, Mr. Pritesh Rajgor, Mr. Ravi Adhikari. Duyuru • Sep 09
TV Vision Limited Announces Managing Director Changes TV Vision Limited at its board meeting held on September 09, 2024, noted and accepted the resignation of Mr. Markand Adhikari as Managing Director of the Company with effect from end of September 09, 2024 in order to give an opportunity to the next generation of Promoter family to steer the business ahead. However, he will overview the business of the Company as and when required as Chairman Emeritus. The Board of Directors, upon recommendation of the Nomination & Remuneration Committee has appointed Mr. Ravi Adhikari as the Managing Director of the Company (for a period of 05 years with effect from September 09, 2024 to September 08, 2029). Mr. Ravi Adhikari is Creative thinker trained under illustrious father Late Mr. Gautam Adhikari in various projects and has worked along with veterans of the industry like Anand Rai, Satish Kaushik among others. He has vast experience of 17 years working in Media Industry. Currently he is the creative backbone of the Company. His directorial venture had earned the Company several accolades and recognition. Reported Earnings • Aug 14
First quarter 2025 earnings released: ₹1.81 loss per share (vs ₹1.08 loss in 1Q 2024) First quarter 2025 results: ₹1.81 loss per share (further deteriorated from ₹1.08 loss in 1Q 2024). Revenue: ₹219.1m (up 31% from 1Q 2024). Net loss: ₹70.1m (loss widened 77% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 25% per year but the company’s share price has increased by 44% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Aug 09
TV Vision Limited to Report Q1, 2025 Results on Aug 13, 2024 TV Vision Limited announced that they will report Q1, 2025 results on Aug 13, 2024 Reported Earnings • May 26
Full year 2024 earnings released: ₹6.13 loss per share (vs ₹5.43 loss in FY 2023) Full year 2024 results: ₹6.13 loss per share (further deteriorated from ₹5.43 loss in FY 2023). Revenue: ₹591.7m (down 17% from FY 2023). Net loss: ₹237.3m (loss widened 19% from FY 2023). Over the last 3 years on average, earnings per share has increased by 35% per year whereas the company’s share price has increased by 38% per year. Duyuru • May 19
TV Vision Limited to Report Q4, 2024 Results on May 24, 2024 TV Vision Limited announced that they will report Q4, 2024 results on May 24, 2024 Reported Earnings • Feb 13
Third quarter 2024 earnings released: ₹2.29 loss per share (vs ₹1.72 loss in 3Q 2023) Third quarter 2024 results: ₹2.29 loss per share (further deteriorated from ₹1.72 loss in 3Q 2023). Revenue: ₹125.4m (down 22% from 3Q 2023). Net loss: ₹88.6m (loss widened 40% from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has increased by 53% per year, which means it is tracking significantly ahead of earnings growth. Duyuru • Feb 06
TV Vision Limited to Report Q3, 2024 Results on Feb 12, 2024 TV Vision Limited announced that they will report Q3, 2024 results on Feb 12, 2024 Board Change • Dec 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 1 highly experienced director. Non-Executive Independent Director Pritesh Rajgor was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 11
Second quarter 2024 earnings released: ₹1.40 loss per share (vs ₹1.11 loss in 2Q 2023) Second quarter 2024 results: ₹1.40 loss per share (further deteriorated from ₹1.11 loss in 2Q 2023). Revenue: ₹149.7m (down 23% from 2Q 2023). Net loss: ₹54.1m (loss widened 33% from 2Q 2023). Over the last 3 years on average, earnings per share has increased by 42% per year whereas the company’s share price has increased by 38% per year. Duyuru • Nov 04
TV Vision Limited to Report First Half, 2024 Results on Nov 09, 2023 TV Vision Limited announced that they will report first half, 2024 results on Nov 09, 2023 Duyuru • Aug 30
TV Vision Limited, Annual General Meeting, Sep 25, 2023 TV Vision Limited, Annual General Meeting, Sep 25, 2023, at 14:30 Indian Standard Time. Reported Earnings • Aug 13
First quarter 2024 earnings released: ₹1.08 loss per share (vs ₹1.07 loss in 1Q 2023) First quarter 2024 results: ₹1.08 loss per share (further deteriorated from ₹1.07 loss in 1Q 2023). Revenue: ₹169.3m (down 11% from 1Q 2023). Net loss: ₹39.5m (flat on 1Q 2023). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Duyuru • Aug 05
TV Vision Limited to Report Q1, 2024 Results on Aug 11, 2023 TV Vision Limited announced that they will report Q1, 2024 results on Aug 11, 2023 New Risk • Jul 10
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 5.4% This is considered a minor 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 Share price has been highly volatile over the past 3 months (10% average weekly change). Negative equity (-₹946m). Market cap is less than US$10m (₹106.5m market cap, or US$1.29m). Minor Risk Shareholders have been diluted in the past year (5.4% increase in shares outstanding). Reported Earnings • May 31
Full year 2023 earnings released: ₹5.43 loss per share (vs ₹8.56 loss in FY 2022) Full year 2023 results: ₹5.43 loss per share (improved from ₹8.56 loss in FY 2022). Revenue: ₹715.0m (down 11% from FY 2022). Net loss: ₹199.5m (loss narrowed 37% from FY 2022). Over the last 3 years on average, earnings per share has increased by 30% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 02
Third quarter 2023 earnings released: ₹1.72 loss per share (vs ₹1.58 loss in 3Q 2022) Third quarter 2023 results: ₹1.72 loss per share (further deteriorated from ₹1.58 loss in 3Q 2022). Revenue: ₹160.5m (down 28% from 3Q 2022). Net loss: ₹63.1m (loss widened 14% from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 24% per year. Duyuru • Jan 24
TV Vision Limited to Report Q3, 2023 Results on Jan 31, 2023 TV Vision Limited announced that they will report Q3, 2023 results on Jan 31, 2023 Duyuru • Nov 03
TV Vision Limited to Report Q2, 2023 Results on Nov 10, 2022 TV Vision Limited announced that they will report Q2, 2023 results on Nov 10, 2022 Duyuru • Aug 12
TV Vision Limited, Annual General Meeting, Sep 07, 2022 TV Vision Limited, Annual General Meeting, Sep 07, 2022, at 11:30 Indian Standard Time. Agenda: To receive, consider and adopt the Audited Financial Statements (including Audited Consolidated Financial Statements) of the Company for the year ended March 31, 2022 together with the Reports of the Board of Directors and Auditors thereon; to appoint a Director in place of Mr. Markand Navnitlal Adhikari (DIN: 00032016), Chairman & Managing Director of the Company, who retires by rotation and being eligible, offers himself for re-appointment; to re-appoint Dr. Ganesh P Raut as an independent director of the company; to re-appoint Umakanth Bhyravajoshyulu as an independent director of the company; to re-appoint M. Soundara Pandian (din: 07566951) as an independent director of the company; to ratify the resolution passed for issuance of equity shares on preferential basis; and to transact other business. Duyuru • Aug 03
TV Vision Limited Announces Termination of Manav Dhanda as Chief Executive Officer TV Vision Limited announced that upon the recommendation of nomination and remuneration committee, the board of directors have terminated the services of Mr. Manav Dhanda as chief Executive officer of the company with immediate effect. Reported Earnings • Aug 03
First quarter 2023 earnings released: ₹1.07 loss per share (vs ₹3.39 loss in 1Q 2022) First quarter 2023 results: ₹1.07 loss per share (up from ₹3.39 loss in 1Q 2022). Revenue: ₹190.4m (up 12% from 1Q 2022). Net loss: ₹39.3m (loss narrowed 67% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 9% per year whereas the company’s share price has increased by 11% per year. Duyuru • Jul 28
TV Vision Limited to Report Q1, 2023 Results on Aug 02, 2022 TV Vision Limited announced that they will report Q1, 2023 results on Aug 02, 2022 Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: ₹1.58 loss per share (up from ₹2.68 loss in 3Q 2021). Revenue: ₹223.4m (up 4.9% from 3Q 2021). Net loss: ₹55.4m (loss narrowed 41% from 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 1% per year whereas the company’s share price has increased by 6% per year. Duyuru • Feb 03
TV Vision Limited to Report Q3, 2022 Results on Feb 10, 2022 TV Vision Limited announced that they will report Q3, 2022 results on Feb 10, 2022 Duyuru • Aug 12
TV Vision Limited announced that it expects to receive INR 38 million in funding from Sri Adhikari Brothers Television Network Limited TV Vision Limited announced a private placement of 1,800,000 equity shares at a price of INR 10 each for gross proceeds of up to INR 18,000,000, and 2,000,000 warrants convertible within 18 months from its allotment into equivalent number of fully paid-up equity shares of face value of INR 10 each, for cash and to issue fresh equity shares on the conversion of warrants for gross proceeds up to INR 20,000,000 for aggregate gross proceeds of INR 38,000,000 on August 11, 2021. The transaction will include participation from Sri Adhikari Brothers Television Network Limited. The shares will be issued on a preferential basis. The transaction is subject to approval of the shareholders and in accordance with the Securities and Exchange Board of India Regulations. Reported Earnings • Jun 03
Full year 2021 earnings released: ₹15.16 loss per share (vs ₹8.61 loss in FY 2020) The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2021 results: Revenue: ₹680.7m (down 38% from FY 2020). Net loss: ₹529.7m (loss widened 76% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has fallen by 36% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Mar 07
New 90-day low: ₹1.64 The company is down 2.0% from its price of ₹1.67 on 07 December 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 14% over the same period. Reported Earnings • Feb 14
Third quarter 2021 earnings released: ₹2.68 loss per share (vs ₹1.75 loss in 3Q 2020) The company reported a poor third quarter result with increased losses, weaker revenues and weaker control over costs. Third quarter 2021 results: Revenue: ₹213.1m (down 14% from 3Q 2020). Net loss: ₹93.8m (loss widened 53% from 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has fallen by 52% per year, which means it is performing significantly worse than earnings. Duyuru • Feb 13
TV Vision Limited to Report Q3, 2021 Results on Feb 12, 2021 TV Vision Limited announced that they will report Q3, 2021 results on Feb 12, 2021 Duyuru • Nov 03
TV Vision Limited to Report Q2, 2021 Results on Nov 10, 2020 TV Vision Limited announced that they will report Q2, 2021 results on Nov 10, 2020 Is New 90 Day High Low • Oct 17
New 90-day low: ₹1.68 The company is down 15% from its price of ₹1.97 on 17 July 2020. The Indian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 11% over the same period. Duyuru • Aug 07
TV Vision Limited to Report Q1, 2021 Results on Aug 12, 2020 TV Vision Limited announced that they will report Q1, 2021 results on Aug 12, 2020 Duyuru • Jun 21
TV Vision Limited to Report Q4, 2020 Results on Jun 27, 2020 TV Vision Limited announced that they will report Q4, 2020 results on Jun 27, 2020 
