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TV Today Network Ltd. Stock Analysis

Small Cap
Evaluated by 1146 users | BSE: 532515 | NSE: TVTODAY |
TV Broadcasting & Software Production
TV Today Network (TVTN) operates news channels and is promoted by Living Media India (LMIL). The latter had been conducting news broadcasting business through one of its divisions, 'TV Today Division' since 1994.TV Today Division has now been transferred to TVTN. It runs 24 hours news &...

Analysis of Financial Track Record

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.
TV Today Network Ltd. has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 3.71%3.29%3.95%16.41%19.25%17.91%18.38%20.39%16.21%16.22%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 293308313389477542617691739856
Y-o-Y Gr. Rt.-5.1%1.4%24.6%22.4%13.7%13.8%12%6.9%15.9%
Adjusted EPS (Rs.) 2.071.782.1310.3513.5914.4117.3923.1321.8923.71
Y-o-Y Gr. Rt.--14%19.7%385.9%31.3%6%20.7%33%-5.4%8.3%
Book Value per Share (Rs.) 52.4553.3554.5263.6775.4385.09106.71121.06149.75146.2
Adjusted Net Profit 12.310.612.761.681.185.9104138131141
Net Op. Cash Flow (Rs. Cr.) 9.457.139.180.577.9-32.119.4156125204
Debt to Cash Flow from Ops 1.90.991.540.210.090000.030
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
TV Today Network Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 12.6%12.4%11.6%15.9%
Adjusted EPS 31.1%11.8%10.9%8.3%
Book Value per Share 12.114.211.1-2.4
Share Price 17.7% -5.2% -19.4% -29.8%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 43.363.9417.5119.5617.9518.1320.3116.1716.02
Operating Profit Margin (%) 8.878.5911.3628.1927.6529.9726.8631.4726.9925.45
Net Profit Margin (%) 4.23.434.0515.8117.0115.8616.8219.9617.6816.52
Debt to Equity 0.060.180.190.050.0100000
Working Capital Days 363339331291275221173193236276
Cash Conversion Cycle 65684420303129252933
Entity Percentage Holding
Promoters 58.45%
Institutions 24.42%
Non-Institutions 17.11%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of TV Today Network Ltd. and arrived at the following conclusion:

Past 10 year's financial track record indicates that TV Today Network Ltd. is a average quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of TV Today Network Ltd.'s performance infers:

TV Today Network Ltd. earnings have grown by 11.8%, whereas share price has depreciated -5.2% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of TV Today Network Ltd. share prices over the last 10 years. Here is what we found out:

TV Today Network Ltd. share price has depreciated 11.6% annually over the past ten years.

TV Today Network (TVTN) operates news channels and is promoted by Living Media India (LMIL). The latter had been conducting news broadcasting business through one of its divisions, 'TV Today Division' since 1994.

TV Today Division has now been transferred to TVTN. It runs 24 hours news & current affairs channels, namely, 'Aaj Tak', “Tez” and “Delli Aaj Tak” in Hindi and 'Headlines Today' in English.

The company has a tie-up with TheOneAlliance to distribute

TV Today Network (TVTN) operates news channels and is promoted by Living Media India (LMIL). The latter had been conducting news broadcasting business through one of its divisions, 'TV Today Division' since 1994.

TV Today Division has now been transferred to TVTN. It runs 24 hours news & current affairs channels, namely, 'Aaj Tak', “Tez” and “Delli Aaj Tak” in Hindi and 'Headlines Today' in English.

The company has a tie-up with TheOneAlliance to distribute its channels. TVTN has also launched its channels in US, UK and Continental Europe.

 

Channels

Aaj Tak- Aaj Tak is a 24 hour Hindi news channel providing news of all around world.

Tez- The objective to launch Tez was to providing Hindi news to time-conscious people in crisp format.

Headlines Today- This is an English news channels catering to a younger audience.

Dilli Aaj Tak- It is a metro-centric 24 hour Hindi news channel.

 

Awards

Aaj Tak received the “Best News Channel Award” from Indian Television Academy Awards 2008.

It won the “TV News Channel of the Year” during Indian Telly Awards 2008.

The channel bagged Best Hindi News Channel at Sansui Television Awards 2008.

 

Outlook

The television industry was worth $5.48 billion in 2007 as per PWC’s report. The direct-to-home (DTH) service is changing the face of the television industry. By 2012 the television industry is exptcted to grow to $ 12.34 billion.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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