Operates a television news and digital media business that generated ₹528.29 crore in FY26 revenue, up 13.6% year-on-year. The core is television broadcasting of news channels including NDTV 24x7 (ranked the No.1 English news channel among affluent viewers) and NDTV Profit (51% segment market share), distributed across 65 countries via 13 offices in 28 Indian states. The business has built a large digital audience of 45 million YouTube subscribers and 102 million social media followers, and is expanding into lifestyle content through the NDTV Good Times vertical, with an ongoing acquisition of the GoodTimes Channel from Lifestyle and Media Broadcasting Limited. Employee expenses are the largest disclosed cost at 35.0% of revenue (₹185.09 crore), with other operating expenses at 114.3% of revenue (₹603.7 crore) covering content, distribution and overhead. A ₹396.50 crore rights issue completed in October 2025 was used mainly to repay ₹229 crore of debt, reducing annual interest costs from over ₹21 crore to under ₹2 crore. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Television broadcasting and news services. Media business reliant on advertising revenue with high fixed content and distribution costs
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 396 | 386 | 370 | 465 | 528 |
| EBITDA (ex other income) | 98 | 69 | (29) | (179) | (266) |
| margin % | 24.8 | 17.8 | (7.8) | (38.4) | (50.3) |
| Owners' profit | 80 | 49 | (20) | (216) | (323) |
| EPS, as reported (₹) | 12.38 | 7.56 | (3.14) | (33.52) | (36.86) |
| ROE % · ROCE % | 33.0 · 37.6 | 17.2 · 20.2 | (7.5) · (3.8) | (361.8) · (49.9) | (250.2) · (74.5) |
| Debt / equity (x) | 0.04 | 0.01 | 0.11 | 4.33 | 1.44 |
| Cash from operations | 60 | 9 | 10 | (130) | (256) |
| Capex | (6) | (11) | (37) | (79) | (34) |
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 111 | 133 | 127 | 108 | 122 | 150 | 148 | 117 |
| Profit before tax | (53) | (54) | (63) | (70) | (73) | (80) | (97) | (82) |
| Net profit | (53) | (55) | (62) | (70) | (74) | (80) | (99) | (82) |
| EPS (₹) | (8.19) | (8.64) | (9.44) | (10.92) | (11.49) | (10.13) | (11.18) | (7.24) |
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SUN TV NETWORK LIMITED | 18,725 | 12.2 | 1.48 | 6.8 | 11.4 | 15.4 | 6.4 | 62.5 |
| ZEE ENTERTAINMENT ENT LTD | 7,669 | 21.9 | 0.65 | 13.2 | 2.3 | 2.3 | 0.9 | 6.9 |
| HATHWAY CABLE & DATACOM | 1,814 | 24.4 | 0.41 | 4.3 | 1.8 | 2.4 | 4.4 | 19.1 |
| DEN NETWORKS LTD | 1,283 | 8.6 | 0.34 | 4.2 | 4.3 | 5.4 | (5.7) |
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 19 Aug 2026 · CARE Ratings reaffirms NDTV credit ratings on bank facilities | credit debt | medium | — | — |
| 17 Aug 2026 · NDTV to acquire GoodTimes channel business from related party for up to Rs 18 crore | strategic transactions | high | — | — |
| 23 Jul 2026 · NDTV Q1 FY27 Results Published; Strong PAT Growth, Special Dividend Declared | compliance | minimal | — | — |
| 21 Jul 2026 · NDTV Q1 FY27: Revenue up 32% YoY but net loss at Rs 76.5 cr | results | high | — | — |
| 17 Jul 2026 · NDTV: GoodTimes Channel acquisition delayed, 3 more months expected | strategic transactions | high | — | — |
| 6 Jul 2026 · NDTV files quarterly demat compliance certificate with exchanges | compliance | minimal | — | — |
| 6 Jul 2026 · NDTV files routine RTA certificate under SEBI Regulation 74(5) for Q1 FY27 | compliance | minimal | — | — |
| 3 Jul 2026 · NDTV board meeting on July 21 to consider Q1 FY27 results | results | low | — | — |
| 29 Jun 2026 · NDTV Trading Window Closure Ahead of Q1 FY27 Results | compliance | minimal | — | — |
| 29 Jun 2026 · Trading Window Closure for Q1 FY27 Results | compliance | minimal | — | — |
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| 28.0 |
| NDTV LTD ◆ | 809 | — | 6.26 | — | (250.2) | (82.5) | 8.1 | (55.5) |
| GTPL HATHWAY LIMITED | 678 | 90.0 | 0.54 | 2.0 | 1.0 | 1.0 | 8.6 | 10.8 |
| TV TODAY NETWORK LTD | 656 | 38.0 | 0.74 | 10.4 | 1.6 | 3.3 | 0.6 | 10.8 |
| AQYLON NEXUS LIMITED | 546 | — | — | — | 212.8 | 245.0 | — | (1048.4) |
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/B | 6.3 | 0.7 | 14 of 14 | 0% |
| ROCE | (82.5) | 2.3 | 17 of 17 | 0% |
| ROE | (250.2) | 1.3 | 16 of 16 | 0% |
| Debt / Equity | 1.4 | 0.0 | 16 of 16 | 0% |
| EBITDA margin | (55.5) | 9.4 | 15 of 17 | 13% |
| Revenue growth | 8.9 | 4.5 | 5 of 16 | 73% |
| Profit growth | (16.5) | (28.2) | 6 of 16 | 67% |
| Market cap | 809 | 488 | 5 of 17 | 75% |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
