Is Raj Television Network Ltd (RAJTV) a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Raj Television Network Ltd is a average quality company .

Is Raj Television Network Ltd (RAJTV) undervalued or overvalued?

The key valuation ratios of Raj Television Network Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone .

What is Raj Television Network Ltd (RAJTV) share price return in the past 10 years?

Raj Television Network Ltd share price has declined -9.2% annually (CAGR) over the past ten years.

Is Raj Television Network Ltd (RAJTV) a good buy now?

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

What is the share price of Raj Television Network Ltd (RAJTV)?

Company share prices are keep on changing according to the market conditions. The current trading price of Raj Television Network Ltd (RAJTV) on 10-Apr-2026 16:59:59 at 16:59 is 22.10.

What is the market cap of Raj Television Network Ltd (RAJTV)?

Market capitalization is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 10-Apr-2026 at 16:59, the market cap of Raj Television Network stood at Rs. 114.73 Cr.

What is the P/E ratio of Raj Television Network?

The latest standalone P/E ratio of Raj Television Network as of 10-Apr-2026 is 0.00.

What is the P/B ratio of Raj Television Network Ltd (RAJTV)?

The latest standalone P/B ratio of Raj Television Network Ltd (RAJTV) as of 10-Apr-2026 is 1.44.

What is the 52-week high and low of Raj Television Network Ltd (RAJTV)?

The 52-week high of Raj Television Network Ltd (RAJTV) is Rs. 88.00 and the 52-week low is Rs. 20.00.

What is the TTM revenue of Raj Television Network Ltd (RAJTV)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Raj Television Network is Rs. 70.45 (Cr.).

Raj Television Network Ltd (RAJTV) Share Analysis – Quality, Growth & Valuation Zone & DeciZen Rating

Name: Raj Television Network Ltd (RAJTV)
Brand: Raj Television Network

10 Year X-Ray :

Analysis of Financial Track Record

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

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	-0.6%	1.4%	4.1%	6.4%	3.6%	4.7%	4.3%	4%	3%	-17.6%	-
Value Creation Index ⓘ	-1.0	-0.9	-0.7	-0.5	-0.7	-0.7	-0.7	-0.7	-0.8	-2.3	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	82.5	61.2	61.6	62.2	59.2	78.3	69.3	84.8	106	126	70
Sales YoY Gr.	-	-25.8%	0.6%	1%	-4.9%	32.4%	-11.6%	22.4%	25.6%	18.2%	-
Adj EPS ⓘ	-1.2	-0.9	-0.3	1	-0	0	0.2	0.2	0.1	-4.1	-0.8
YoY Gr.	-	NA	NA	NA	-100%	NA	533.3%	10.5%	-33.3%	-2992.9%	-
BVPS (₹) ⓘ	19.9	18.1	17.8	18.8	18.7	18.8	19	19.2	19.3	15.3	15.4
Adj Net Profit ⓘ	-6.1	-4.8	-1.5	5.4	-0	0.1	1	1.1	0.7	-21	-4
Cash Flow from Ops. ⓘ	4.5	-11.6	11.7	19.1	17.2	7.5	3.3	30.8	3.8	-5.2	-
Debt/CF from Ops. ⓘ	7.7	-3.5	3.7	1.9	2.1	4.6	9.3	0.8	6	-5.5	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	4.8%	16.3%	22%	18.2%
Adj EPS ⓘ	NA	NA	-377.3%	-2992.9%
BVPSⓘ	-2.9%	-4%	-6.9%	-21%
Share Price	-9.2%	-8.5%	-22.5%	-69.3%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	-4.1	-3.4	-1.1	3.9	-0	0.1	0.7	0.8	0.5	-15.7	-4.9
Op. Profit Mgn % ⓘ	6.4	12.9	16.8	21.8	19.3	16.4	17.5	7.1	4.6	-15.1	-1.6
Net Profit Mgn % ⓘ	-7.5	-7.8	-2.5	8.6	-0	0.2	1.4	1.3	0.7	-16.7	-5.5
Debt to Equity ⓘ	0.3	0.4	0.5	0.4	0.4	0.4	0.3	0.3	0.2	0.4	-
Working Cap Days ⓘ	431	505	436	452	494	404	475	368	247	199	105
Cash Conv. Cycle ⓘ	313	339	285	299	307	240	299	173	94	80	14

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 22.02%

Return on Equity is Poor

Sales growth is not so good in last 4 quarters at -29.62%

	Standalone	Consolidated
TTM EPS (₹)	-0.8	-
TTM Sales (₹ Cr.)	70.5	-
BVPS (₹) ⓘ	15.4	-
Reserves (₹ Cr.) ⓘ	54	-
P/BV ⓘ	1.44	-
PE ⓘ	0.00	-

From the Market
52 Week Low / High (₹)	20.00 / 88.00
All Time Low / High (₹)	7.40 / 165.05
Market Cap (₹ Cr.)	115
Equity (₹ Cr.)	26
Face Value (₹)	5
Industry PE ⓘ	16.6

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	82	61	62	62	59	78	69	85	106	126
Operating Expenses ⓘ +	77	53	51	49	48	65	57	79	102	145
Manufacturing Costs	44	22	20	21	17	42	36	51	80	119
Material Costs	0	0	0	0	0	0	0	0	0	0
Employee Cost	18	18	18	16	14	11	11	12	12	11
Other Costs ⓘ	15	13	14	12	17	13	10	16	9	15
Operating Profit ⓘ	5	8	10	14	11	13	12	6	5	-19
Operating Profit Margin (%)	6.4%	12.6%	16.8%	21.8%	19.2%	16.4%	17.5%	7.1%	4.6%	-15.1%
Other Income ⓘ +	0	1	2	1	0	0	0	1	0	0
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Interest ⓘ	5	5	5	5	4	6	4	3	3	4
Depreciation ⓘ	7	7	7	6	7	7	7	2	2	2
Profit Before Tax ⓘ	-5	-3	0	4	0	0	1	2	1	-25
Tax ⓘ	1	2	1	-2	0	0	0	1	0	-4
Profit After Tax	-6	-5	-1	5	0	0	1	1	1	-21
PAT Margin (%)	-7.3%	-7.8%	-2.2%	8.7%	0.0%	0.2%	1.6%	1.3%	0.8%	-16.7%
Adjusted EPS (₹)	-1.2	-0.9	-0.3	1.0	0.0	0.0	0.2	0.2	0.2	-4.1
Dividend Payout Ratio (%)	-21%	0%	0%	10%	0%	0%	0%	0%	0%	0%

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	148	138	137	142	141	142	143	144	145	124
Share Capital ⓘ	26	26	26	26	26	26	26	26	26	26
Reserves ⓘ	122	112	111	116	115	116	117	118	119	98
Debt +	33	36	36	28	26	23	24	20	19	26
Long Term Debt	3	29	24	17	13	10	11	7	6	13
Short Term Debt	30	8	12	10	13	13	13	13	13	13
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	8	0	3	1	6	5	4	26	6	23
Others Liabilities ⓘ	14	11	13	17	24	26	20	12	15	19
Total Liabilities ⓘ	203	185	189	189	197	196	191	203	185	191
Fixed Assets
Net Fixed Assets ⓘ +	99	114	109	110	110	104	98	120	118	117
Gross Block	149	170	172	178	185	186	186	210	210	210
Accumulated Depreciation	50	56	63	68	75	82	89	90	92	93
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investments ⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	11	3	5	1	1	1	5	0	10	0
Trade Receivables	66	43	49	53	54	60	58	54	26	46
Cash Equivalents	5	2	2	2	2	3	2	2	3	0
Others Assets ⓘ	23	23	24	23	29	29	27	26	28	28
Total Assets ⓘ	203	185	189	189	197	196	191	203	185	191

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	4	-12	12	19	17	8	3	31	4	-5
PBT ⓘ	-5	-3	0	4	0	0	1	2	1	-25
Adjustment ⓘ	11	11	12	11	11	11	11	5	4	5
Changes in Working Capital ⓘ	4	-20	-0	5	6	-4	-9	24	1	11
Tax Paid ⓘ	-5	0	0	-0	-0	-0	-0	1	-2	4
Cash Flow From Investing Activity ⓘ +	-2	-11	-2	-7	-7	-0	-1	-24	0	0
Capex	-2	-11	-2	-7	-7	-0	-1	-24	0	0
Net Investments	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	-0	0	0	0	0	-0	0
Cash Flow From Financing Activity ⓘ +	0	19	-10	-12	-10	-7	-3	-7	-4	3
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	8	25	-4	-7	-5	-3	1	-4	-1	7
Interest Paid ⓘ	-5	-5	-5	-5	-4	-5	-4	-3	-3	-4
Dividend Paid ⓘ	-3	-2	0	0	-1	0	0	0	0	0
Others ⓘ	-0	-0	0	0	-0	0	0	0	0	0
Net Cash Flow ⓘ	2	-3	0	0	0	0	-0	-0	0	-2

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	-5.64	-4.85	-1.47	5.67	0.01	0.14	1.11	1.14	0.81	-23.39
ROCE (%)	-0.6	1.42	4.06	6.4	3.62	4.72	4.3	4.01	3.01	-17.56
Asset Turnover Ratio	0.41	0.31	0.33	0.33	0.31	0.4	0.36	0.43	0.55	0.67
PAT to CFO Conversion(x)	N/A	N/A	N/A	3.8	N/A	N/A	3	31	4	N/A
Working Capital Days
Receivable Days	284	326	273	298	329	267	312	241	136	103
Inventory Days	49	42	24	16	4	3	15	0	34	0
Payable Days	0	0	0	0	0	0	0	0	0	0

About Raj Television Network Ltd

Raj Television Network (RAJTV) is one of India’s largest entertainment content companies. Starting with the launch of India’s Second Tamil satellite channel, RAJTV, in 1994, it has evolved into an integrated entertainment content company over decades. The company incorporated in 1994, broadcasts several channels presently in various southern languages. Its flagship television channel launched in 1994 was the first general entertainment channel of the company. It caters to the entire spectrum of customers’ entertainment needs with production of content across different formats and platforms, such as fiction and reality shows for television, movies, music, digital, plays and live events.

Over the years, it has built strong a content library of over lakhs of hours reaching over a billion viewers globally. The company has built a strong content creation capability, over the decades and built strong in-house content creation expertise and developed an eco-system that seamlessly delivers engaging content at a competitive cost. It has long-standing partnership with the artist fraternity and its leadership position makes it their preferred partner. While it works with multiple creative partners, with an in-house TV studio, movie production and Distribution Company and a music label, it is uniquely positioned to offer a range of content for diverse audience. Its content offerings span across the globe. It has a footprint over hundreds of countries with a portfolio of channels catering to the Indian and south Asian Diaspora as well as local audiences of the several channels in the international markets, few channels are dedicated to non- Indian audience, offering them entertainment content in their native languages. The company earns its revenue from segments like advertisement, air time charges, pay channel distribution revenue, subscription revenue, sale of rights and sales export revenue, etc.

Business area of the company

The company is into the business of operating commercial satellite television channels under the approval from Ministry of Information and Broadcasting and the company runs several TV channels, in various languages.

Products of the company

TV Channels
Digital Operations
OTT

Build a Stress-Tested Portfolio.

Our Sapphire Advisory uses the ABC Concept to ensure you never have to panic during a market correction.

Core Stocks

STABILITY

Booster Stocks

GROWTH

Amplifier Stocks

ASYMMETRY

● Conflict-Free ● SEBI Registered ● 15Y+ Track Record

Name of the IA registered with SEBI:	The Alchemists Ark Pvt. Ltd.
Logo:
Trade/Brand Name of IA:	MoneyWorks4Me Investment Advisers
Brand Logo:
SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
Registration:	Non-Individual
BSE Enlistment No:	1187
Address:	B-101, Signet Corner Building, Balewadi Phata, Baner, Pune, Maharashtra 411045
Compliance officer Details:	Name: Shrikant Jagtap Email: shrikant.jagtap@moneyworks4me.com Telephone: +919860359463 Address: Same as IA
Grievance Officer Details:	Name: Mukta Vaze Email: mukta.vaze@moneyworks4me.com Telephone: +91 98609 19463 Address: Same as IA
Principal Officer Details:	Name: Atharva Bhide Email: atharva.bhide@moneyworks4me.com Telephone: +91 91758 99463 Address: Same as IA
Standard Warning:	Investment in securities market are subject to market risks. Read all the related documents carefully before investing.
Disclaimer:	Registration granted by SEBI, enlistment with exchange and certification from NISM in no way guarantee performance of the intermediary or provide any assurance of returns to investors.

Raj Television Network Ltd (RAJTV) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Raj TV Network Share Price