NSE: TVVISION · BSE: 540083
TV VISION LIMITED
Classified as a TV Broadcasting & Software Production company. Holds Business and Commercial Rights of Rs 1,250.39 Lakhs that, per statutory auditors, have generated zero revenue. Total income for FY26 is reported at Rs 14.15 crore in scale metrics, while filings show consolidated total income of Rs 532.51 Lakhs for FY26 versus Rs 5,329 Lakhs the prior year, with standalone total income at Rs 910.41 Lakhs versus Rs 5,460.9 Lakhs the prior year. The cost stack includes materials at 113.1% of revenue, employee costs at 16.2%, other opex at 108.5%, and capex at 0.1% of revenue. NCLT Mumbai admitted the company into the Corporate Insolvency Resolution Process from 30 July 2026 following Punjab National Bank's petition under Section 7 of the IBC, claiming about Rs 294.66 crore of financial debt, with Mr. Alok Kumar Murarka appointed as Interim Resolution Professional. A separate Section 9 petition by Swami Films Entertainment claims about Rs 4.90 crore. Total equity is reported as negative Rs 14,425.49 Lakhs (standalone) and Rs 17,825.54 Lakhs (consolidated). AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. TV Broadcasting & Software Production. Distressed small-cap media company admitted to Corporate Insolvency Resolution Process
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 80 | 71 | 58 | 53 | 14 |
| EBITDA (ex other income) | (5) | 0 | (7) | (13) | — |
| margin % | (6.0) | 0.0 | (11.3) | (24.6) | — |
| Owners' profit | (31) | (20) | (24) | 0 | — |
| EPS, as reported (₹) | (8.96) | (5.43) | (6.13) | (6.90) | (8.90) |
| ROE % · ROCE % | 42.3 · 41.1 | 21.1 · 20.2 | 20.3 · 19.8 | 18.6 · 18.4 | — · 19.2 |
| Debt / equity (x) | (0.03) | (0.00) | (0.05) | (0.05) | — |
| Cash from operations | 1 | 4 | (6) | (0) | 4 |
| Capex | 0 | 0 | 0 | (0) | (0) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 13 | 10 | 9 | 8 | 6 | 0 | 0 | 0 |
| Profit before tax | (5) | (7) | (8) | (5) | (10) | (6) | (13) | (4) |
| Net profit | (5) | (7) | (8) | (5) | (10) | (6) | — | (4) |
| EPS (₹) | (1.36) | (1.70) | (2.03) | (1.34) | (2.58) | (1.55) | (3.43) | (0.94) |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| SUN TV NETWORK LIMITED | 24,827 | 16.2 | 1.96 | 9.1 | 11.4 | 15.4 | 6.4 | 62.5 |
| ZEE ENTERTAINMENT ENT LTD | 6,709 | 19.2 | 0.57 | 11.4 | 2.3 | 2.3 | 0.9 | 6.9 |
| HATHWAY CABLE & DATACOM | 1,634 | 22.0 | 0.37 | 3.8 | 1.8 | 2.4 | 4.4 | 19.1 |
| DEN NETWORKS LTD | 1,164 | 7.8 | 0.30 | 3.8 | 4.3 | 5.4 | (5.7) | 28.0 |
| NDTV LTD | 698 | — | 5.41 | — | (250.2) | (82.5) | 8.1 | (55.5) |
| GTPL HATHWAY LIMITED | 607 | 80.6 | 0.48 | 1.9 | 1.0 | 1.0 | 8.6 | 10.8 |
| TV TODAY NETWORK LTD | 607 | 35.2 | 0.68 | 9.6 | 1.6 | 3.3 | 0.6 | 10.8 |
| ZEE MEDIA CORPORATION LTD | 463 | — | 2.07 | 3.9 | 0.9 | (1.8) | 3.2 | 9.4 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| ROCE | 19.4 | 2.3 | 1 of 15 | 100% |
| EBITDA margin | 9.4 | 9.4 | 9 of 17 | 50% |
| Revenue growth | (96.8) | 4.5 | 15 of 16 | 7% |
| Profit growth | 29.9 | (28.2) | 4 of 16 | 80% |
| Market cap | 10 | 320 | 15 of 17 | 13% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 16 Oct 2026 · 3rd Meeting of Committee of Creditors scheduled on 19 October 2026 | regulatory legal | medium | — | — |
| 14 Oct 2026 · Routine dematerialisation certificate filing for Q2 FY27 | compliance | minimal | — | — |
| 6 Oct 2026 · TV Vision: Form G EOI Invitation Issued Under CIRP Process | regulatory legal | critical | — | — |
| 2 Oct 2026 · TV Vision: Second creditors committee meeting voting results under CIRP | regulatory legal | high | — | — |
| 30 Sept 2026 · 19th AGM voting results submitted; both resolutions passed with 99.99% approval | board shareholder meetings | medium | — | — |
| 29 Sept 2026 · TV Vision Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 29, 2026 | board shareholder meetings | low | — | — |
| 25 Sept 2026 · TV Vision 2nd Creditors Committee Meeting Under CIRP | regulatory legal | high | — | — |
| 22 Sept 2026 · Trading Window Closure Ahead of Q2 FY26 Results | compliance | minimal | — | — |
| 18 Sept 2026 · Resolution Professional confirmed for TV Vision CIRP | regulatory legal | critical | — | — |
| 18 Sept 2026 · First CoC meeting held in ongoing CIRP of TV Vision Limited | regulatory legal | high | — | — |
How to read this document
| 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 |
| 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 |
Sources, method and disclosures
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.