TV18 Broadcast Ltd Stock Analysis

BSE: 532800 | NSE: TV18BRDCST | TV Broadcasting & Software Production | Mid Cap

BSE Share Price Jul 06, 17:49
37.85 -0.50 (-1.30%)

DeciZen - Make an Informed Decision on TV18 Broadcast

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

FAQs

1. Is TV18 Broadcast Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that TV18 Broadcast Ltd is a below average quality company.

2. Is TV18 Broadcast Ltd undervalued or overvalued?

The key valuation ratios of TV18 Broadcast Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is TV18 Broadcast Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of TV18 Broadcast Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of TV18 Broadcast:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
TV18 Broadcast Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 4.1%3.1%2.6%2%3.7%2.9%-1.3%3.8%2%3.4%-
Value Creation Index -0.7-0.8-0.8-0.9-0.7-0.8-1.1-0.7-0.9-0.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 6215425166066266679461,0791,1501,1041,262
YoY Gr. Rt. %--12.8%-4.7%17.4%3.4%6.5%41.9%14.1%6.5%-4%-
Adj EPS -0.20.10.50.40.70.6-0.40.50.20.51
YoY Gr. Rt. %-NA820%-23.9%108.6%-19.2%-162.7%NA-72.2%253.3%-
BVPS (₹) 18.419.920.320.42121.615.716.116.216.717.8
Adj Net Profit -8.8879.660.2125101-62.992.825.490.5173
Cash Flow from Ops. 24217438.6-27.8221-63.1-21.6-82.5204256-
Debt/CF from Ops. 2.91.45-8.31-3.8-19.6-10.54.13-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 6.6%12%5.3%-4%
Adj EPS NA-6.2%NA253.3%
BVPS -1.1-4.42.23.2
Share Price 6.1% 0.3% 16.6% -9.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % -1.20.42.31.73.52.8-23.40.93.25.9
Op. Profit Mgn % 9.419.922.626.419.618.33.47.98.616.120.7
Net Profit Mgn % -1.41.515.49.919.915.1-6.78.62.28.213.7
Debt to Equity 0.90.10.10.10.10.10.20.30.30.30
Working Cap Days 212966991312389367259335402427382
Cash Conv. Cycle 44372317-6-13172614142

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 5.90%

Sales growth is good in last 4 quarters at 14.67%

Sales growth has been subdued in last 3 years 5.29%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - TV18 Broadcast Ltd.

Standalone Consolidated
TTM EPS (₹) 1 3.4
TTM Sales (₹ Cr.) 1,262 5,526
BVPS (₹.) 17.8 27.9
Reserves (₹ Cr.) 2,701 4,437
P/BV 2.16 1.38
PE 38.10 11.25
From the Market
52 Week Low / High (₹) 33.10 / 82.55
All Time Low / High (₹) 11.85 / 216.96
Market Cap (₹ Cr.) 6,575
Equity (₹ Cr.) 342.9
Face Value (₹) 2
Industry PE 13.4

Management X-Ray of TV18 Broadcast :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

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News

About TV18 Broadcast Ltd

TV18 Broadcast Limited formerly IBN18 Broadcast Ltd owns and operates one of India's leading 24-hour English language news and current affairs channel, CNN IBN. The channel was launched in December 2005 and has since its launch become one of India's leading English language news channels. IBN18 Broadcast Ltd. also manages the operations of IBN7, a Hindi language news and current affairs channel. And it has recently launched its first Regional channel, IBN Lokmat in Maharashtra.

TV18 Broadcast Limited. is focused on producing high quality news programming and to capture news and events around the world. CNN IBN ,IBN7 and IBN Lokmat are journalist-led channels, which have achieved recognition in the very first year of their existence.

IBN18 has joint ventures with Viacom to form Viacom18 that operates MTV and VH1 and Nickelodeon channels in India. This JV also launched the general entertainment channel “COLORS”. Viacom18 also owns Studio18, engaged in filmed entertainment operations.

Reliance Industries and Network 18 group joined hands for a multi-layered deal worth about Rs 4,000 crore, under which the Mukesh Ambani-led corporate giant would sell a part of its interest in Eenadu TV channels and would also fund rights issues of Network 18 firms. As part of the deal, Network 18 and TV18 Broadcast would together raise a net amount of Rs 4,000 crore through rights issues (wherein shares are issued to existing shareholders), including about Rs 1,700 crore contribution of promoters.

Business area

News Broadcasting- Under this company owns and operates three news channels and current affairs CNN-IBN (English), IBN 7 (Hindi) and IBN Lokmat (Marathi). IBN18 also operates news portals such as ibnlive.com (English), IBNKhabar.com (Hindi) and ibnlokmat.tv (Marathi).

Entertainment- Viacom18 owns and operates MTV, VH1, Nickelodeon and COLORS. These channels has launched some hit shows like Roadies “Hell Down Under”, Saturday Night Live, Big Brother, Balika Vadhu, Bigg Boss, Chibi Maruko Chan and many more.

Studio18 has forayed into films by focusing on various aspects such as distribution, production and acquisition. It has distribution films like Golmaal Returns, Singh is Kinng, Ghajini are among others. It has various films under production such as Fruit & Nut, Loot, Production No.3, Road Movie, Hey Gujju and Kaun Bola. It has home video contract for blockbuster Jab We Met was extended with Moser Baer.

 

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