Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post

Network 18 Media & Investments Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹28.69Overvalued by 16.60%vs CMP ₹34.40

P/E (145.0) × ROE (0.8%) × BV (₹31.90) × DY (2.00%)

₹33.26Fairly Valued by 3.31%vs CMP ₹34.40
MoS: -3.4% (Negative)Confidence: 38/100 (Low)Models: 2 Under, 1 Fair, 3 Over
ModelCategoryValueWeightSignal
PE-ROEEarnings₹24.9235%Over (-27.6%)
Graham NumberEarnings₹26.5221%Over (-22.9%)
Net Asset ValueAssets₹31.8711%Fair (-7.4%)
Earnings YieldEarnings₹9.8011%Over (-71.5%)
ROCE CapitalReturns₹77.2514%Under (+124.6%)
Revenue MultipleRevenue₹44.648%Under (+29.8%)
Consensus (6 models)₹33.26100%Fairly Valued
Key Drivers: P/E of 145 makes PE-ROE unreliable — asset/earnings models are better benchmarks. | ROE 0.8% is below cost of equity.

PE-ROE · Graham · EPV · DCF · NAV · EV/EBITDA · DDM · Earnings Yield · ROCE Capital · Revenue Multiple | CoE: 12% · Terminal: 4% · EPS CAGR: -13.1%

*Investments are subject to market risks

Analyst Summary

Network 18 Media & Investments Ltd operates in the Entertainment & Media segment, current market price is ₹34.40, market cap is 5,308 Cr.. At a glance, stock P/E is 145, ROE is 0.76 %, ROCE is 3.02 %, book value is 31.9, dividend yield is 0.00 %. The latest intrinsic value estimate is ₹33.26, which is broadly in line with the current market price. On operating trend, latest reported sales are about ₹6,888 Cr versus the prior period change of -25.9%, while latest net profit is about ₹-1,777 Cr with a prior-period change of -446.8%. The 52-week range shown on this page is 65.3/27.4, which helps frame where the current quote sits within its recent trading band. Business context: About the Company - Qualitative AnalysisNetwork18 Media & Investments Ltd. is a Public Limited Listed company incorporated on 16/02/1996 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Nu…

This summary is generated from the stock page data available for Network 18 Media & Investments Ltd: Intrinsic Value & Share Price Analysis and is refreshed automatically when the underlying metrics change.

Investment Snapshot

41
Network 18 Media & Investments Ltd scores 41/100 (Weak)
Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison
Stock Health27/100 · Weak
ROCE 3.0% WeakROE 0.8% WeakD/E 4.41 High debtInterest Coverage 0.0x RiskyProfitable 2/5 years Inconsistent
Smart Money50/100 · Moderate
FII holding stable No changePromoter holding at 56.9% Stable
Earnings Quality50/100 · Moderate
OPM contracting (10% → -6%) DecliningWorking capital: -141 days (improving) Efficient
Quarterly Momentum45/100 · Moderate
Revenue (4Q): -76% YoY DecliningOPM: 1.8% (up 3.4% YoY) Margin expansion
Industry Rank40/100 · Moderate
P/E 145.0 vs industry 296.3 Cheaper than peersROCE 3.0% vs industry 16.3% Below peersROE 0.8% vs industry 18.0% Below peers3Y sales CAGR: 5% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores are computed from reported financials and recalculated daily. Not investment advice.

Share Price and Basic Stock Data

Last Updated: May 5, 2026, 12:45 am

Market Cap 5,308 Cr.
Current Price 34.4
Intrinsic Value₹33.26
High / Low 65.3/27.4
Stock P/E145
Book Value 31.9
Dividend Yield0.00 %
ROCE3.02 %
ROE0.76 %
Face Value 5.00
PEG Ratio-11.05

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Network 18 Media & Investments Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Network 18 Media & Investments Ltd 5,308 Cr. 34.4 65.3/27.4145 31.90.00 %3.02 %0.76 % 5.00
Saregama India Ltd 6,662 Cr. 345 603/30634.5 86.21.30 %17.2 %12.5 % 1.00
City Pulse Multiplex Ltd 3,488 Cr. 2,334 3,290/1,1501,735 87.40.00 %1.66 %1.48 % 10.0
TV18 Broadcast Ltd 7,761 Cr. 45.3 / 99.90.00 %0.12 %0.45 % 2.00
Hathway Cable & Datacom Ltd 1,921 Cr. 10.9 18.0/8.7623.3 25.20.00 %2.54 %1.86 % 2.00
Industry Average2,553.85 Cr105.57296.2737.280.24%16.32%18.02%6.15

All Competitor Stocks of Network 18 Media & Investments Ltd

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Sales 1,850.491,483.723,238.941,865.501,773.732,419.283,140.921,825.181,360.50561.32467.86497.81539.37
Expenses 1,848.791,426.533,323.362,083.821,945.442,609.003,289.352,004.561,382.01542.29463.70498.31529.73
Operating Profit 1.7057.19-84.42-218.32-171.71-189.72-148.43-179.38-21.5119.034.16-0.509.64
OPM % 0.09%3.85%-2.61%-11.70%-9.68%-7.84%-4.73%-9.83%-1.58%3.39%0.89%-0.10%1.79%
Other Income 83.8535.01220.84223.56186.91176.32174.41270.14-1,224.9139.67231.11123.6568.57
Interest 56.1578.7668.2966.1673.86114.08150.37170.01101.6954.7452.3048.3150.35
Depreciation 34.0736.2440.6756.7943.2369.3769.7468.5651.9433.0534.1233.5933.15
Profit before tax -4.67-22.8027.46-117.71-101.89-196.85-194.13-147.81-1,400.05-29.09148.8541.25-5.29
Tax % -288.87%54.34%-6.23%1.25%0.41%-0.59%0.63%3.04%-0.01%0.00%0.00%0.00%0.00%
Net Profit 8.82-35.1929.17-119.18-102.31-195.68-195.36-152.31-1,399.91-29.09148.8541.25-5.29
EPS in Rs -0.07-0.35-0.37-0.79-0.56-1.05-1.20-0.92-9.31-0.200.960.26-0.04

Last Updated: February 4, 2026, 8:16 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 25, 2026, 5:02 am

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Sales 2,6923,1271,5271,4911,8395,1165,3574,7055,8806,2239,2976,8882,066
Expenses 2,8033,2941,4741,6471,8765,0494,7863,9334,7996,0869,9557,2242,034
Operating Profit -111-16753-156-37685717721,081137-658-33732
OPM % -4%-5%3%-10%-2%1%11%16%18%2%-7%-5%2%
Other Income 332-735985511042-174474183801-734463
Interest 12211367809619823615797209322477206
Depreciation 8375588089142175147120128210223134
Profit before tax 16-1,09026-261-111-231143512939-16-389-1,771156
Tax % 150%4%63%4%56%-23%61%-7%11%-1%-17%0%
Net Profit -4-1,11796-271-173-17856547838-16-325-1,777156
EPS in Rs -0.35-10.120.92-2.23-1.47-2.89-2.260.311.98-0.80-1.97-10.940.98
Dividend Payout % 0%0%0%0%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-2025
YoY Net Profit Growth (%)-27825.00%108.59%-382.29%36.16%-2.89%131.46%876.79%53.20%-101.91%-1931.25%-446.77%
Change in YoY Net Profit Growth (%)0.00%27933.59%-490.89%418.45%-39.05%134.35%745.33%-823.59%-155.11%-1829.34%1484.48%

Network 18 Media & Investments Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2014-2015 to 2024-2025.

Growth

Compounded Sales Growth
10 Years:8%
5 Years:5%
3 Years:5%
TTM:-54%
Compounded Profit Growth
10 Years:0%
5 Years:-15%
3 Years:%
TTM:66%
Stock Price CAGR
10 Years:1%
5 Years:8%
3 Years:-10%
1 Year:-41%
Return on Equity
10 Years:-5%
5 Years:-2%
3 Years:-3%
Last Year:-3%

Last Updated: September 5, 2025, 11:40 am

Balance Sheet

Last Updated: May 5, 2026, 6:00 am

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital 523518518518518518518518518518765765
Reserves 1,0971,359765616293-12923715714,7103,9774,153
Borrowings 1,0017821,3072,2033,0453,2652,5542,2846,0698,1562,9603,288
Other Liabilities 3,0802,9292,4574,1724,5944,8345,1566,1017,23616,498795790
Total Liabilities 5,7015,5885,0467,5098,4508,6168,2579,14013,98039,8818,4988,996
Fixed Assets 2,6271,6801,7662,9072,8682,9732,9292,8763,0553,6811,7881,754
CWIP 1916525478712625991611,62700
Investments 7392,6812,1826699237967718699584,1885,6826,123
Other Assets 2,3161,2101,0943,9084,6124,7604,4305,1379,05120,3851,0271,118
Total Assets 5,7015,5885,0467,5098,4508,6168,2579,14013,98039,8818,4988,996

Reserves and Borrowings Chart

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + -9987-17890-204781,346641-2,804-6,465-1,912-28
Cash from Investing Activity + 135-140-362-57-445-86-85-249-7189,929-3,636-20
Cash from Financing Activity + -81-6518131645-62-1,049-3813,4111,13972083
Net Cash Flow -45-59-22164-3-7121212-1114,603-4,82835
Free Cash Flow -124-11-33728-331-681,263457-3,536-8,869-2,809-77
CFO/OP 6%382%97%-460%-94%18%161%52%-2,143%987%540%-64%

Free Cash Flow

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Free Cash Flow-111.00-168.00-729.00-157.00-39.0065.00568.00770.00-1.00131.00-666.00-339.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 74728578255931059972766935
Inventory Days
Days Payable
Cash Conversion Cycle 74728578255931059972766935
Working Capital Days -80-78-263-383-216-99-88-621-32173-141
ROCE %1%-4%2%-4%-0%-1%7%10%16%2%-0%1%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Promoters 75.00%75.00%75.00%75.00%75.00%75.00%75.00%56.89%56.89%56.89%56.89%56.89%
FIIs 5.62%5.62%5.64%3.48%3.54%3.49%2.34%6.61%6.98%6.85%6.54%6.26%
DIIs 0.58%0.59%0.04%0.53%0.05%0.06%0.09%0.18%0.19%0.22%0.15%0.15%
Public 18.80%18.80%19.34%20.99%21.42%21.43%22.57%36.33%35.94%36.04%36.42%36.69%
No. of Shareholders 1,32,3571,29,1701,30,9091,35,1911,45,3021,56,0091,75,6625,84,6085,74,5485,70,6925,65,4295,47,579

Shareholding Pattern Chart

No. of Shareholders

Network 18 Media & Investments Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Nippon India Nifty Smallcap 250 Index Fund 159,706 0.17 1.38159,7062025-04-22 17:25:250%
Motilal Oswal Nifty Smallcap 250 Index Fund 97,588 0.16 0.8497,5882025-04-22 17:25:250%
SBI Nifty Smallcap 250 Index Fund 76,243 0.17 0.6676,2432025-04-22 17:25:250%
ICICI Prudential Nifty Smallcap 250 Index Fund 40,238 0.17 0.3540,2382025-04-22 17:25:250%
HDFC NIFTY Smallcap 250 ETF 20,551 0.16 0.1820,5512025-04-22 17:25:250%
HDFC Nifty Smallcap 250 Index Fund 16,867 0.17 0.1516,8672025-04-22 17:25:250%
Motilal Oswal Nifty 500 Index Fund 10,649 0.02 0.0910,6492025-04-22 17:25:250%
Edelweiss Nifty Smallcap 250 Index Fund 3,958 0.16 0.033,9582025-04-22 17:25:250%
ICICI Prudential S&P BSE 500 ETF 2,025 0.01 0.022,0252025-04-22 17:25:250%
Groww Nifty Total Market Index Fund 713 0.01 0.017132025-04-22 17:25:250%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 5.005.005.005.005.00
Basic EPS (Rs.) -11.02-1.35-0.812.000.31
Diluted EPS (Rs.) -11.02-1.35-0.812.000.31
Cash EPS (Rs.) -11.62-2.170.258.996.93
Book Value[Excl.RevalReserv]/Share (Rs.) 30.99141.646.5244.5036.37
Book Value[Incl.RevalReserv]/Share (Rs.) 30.99141.646.5244.5036.37
Revenue From Operations / Share (Rs.) 45.0189.8060.1056.7945.44
PBDIT / Share (Rs.) 0.910.312.2710.918.11
PBIT / Share (Rs.) -0.54-1.711.049.756.69
PBT / Share (Rs.) -13.04-4.83-0.978.825.17
Net Profit / Share (Rs.) -13.08-4.20-0.977.845.51
NP After MI And SOA / Share (Rs.) -11.02-1.99-0.812.000.31
PBDIT Margin (%) 2.030.353.7819.2017.84
PBIT Margin (%) -1.20-1.901.7217.1714.72
PBT Margin (%) -28.97-5.37-1.6215.5311.38
Net Profit Margin (%) -29.05-4.68-1.6213.8012.12
NP After MI And SOA Margin (%) -24.49-2.21-1.353.520.68
Return on Networth / Equity (%) -35.57-1.40-12.4827.495.90
Return on Capital Employeed (%) -1.64-0.602.1520.7717.43
Return On Assets (%) -19.85-0.51-0.602.260.39
Total Debt / Equity (X) 0.580.498.612.864.41
Asset Turnover Ratio (%) 0.280.340.530.020.01
Current Ratio (X) 0.262.160.971.110.90
Quick Ratio (X) 0.251.210.320.500.46
Inventory Turnover Ratio (X) 1.350.000.000.000.00
Interest Coverage Ratio (X) 0.290.101.1311.695.34
Interest Coverage Ratio (Post Tax) (X) -0.18-0.350.519.404.63
Enterprise Value (Cr.) 9490.8524678.8215118.3614481.439076.31
EV / Net Operating Revenue (X) 1.382.652.432.461.93
EV / EBITDA (X) 67.62752.4064.2612.8210.81
MarketCap / Net Operating Revenue (X) 0.960.950.901.500.80
Price / BV (X) 1.400.608.3211.676.90
Price / Net Operating Revenue (X) 0.960.950.901.500.80
EarningsYield -0.25-0.02-0.010.020.01

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

About the Company - Qualitative Analysis

Network18 Media & Investments Ltd. is a Public Limited Listed company incorporated on 16/02/1996 and has its registered office in the State of Maharashtra, India. Company's Corporate Identification Number(CIN) is L65910MH1996PLC280969 and registration number is 280969. Currently Company is involved in the business activities of Operation of other websites that act as portals to the internet, such as media sites providing periodically updated content. Company's Total Operating Revenue is Rs. 1955.07 Cr. and Equity Capital is Rs. 771.00 Cr. for the Year ended 31/03/2026.
INDUSTRYADDRESSCONTACT
Entertainment & MediaFirst Floor, Empire Complex, Mumbai Maharashtra 400013Contact not found
Management
NamePosition Held
Mr. Adil ZainulbhaiChairman & Non-Exe.Director
Mr. Rahul JoshiManaging Director
Mr. P M S PrasadNon Executive Director
Ms. Jyoti DeshpandeNon Executive Director
Mr. Shuva MandalIndependent Director
Ms. Renuka RamnathIndependent Director

FAQ

What is the intrinsic value of Network 18 Media & Investments Ltd and is it undervalued?

As of 07 May 2026, Network 18 Media & Investments Ltd's intrinsic value is ₹33.26, which is 3.31% lower than the current market price of ₹34.40, suggesting the stock is overvalued. This is calculated using the PE ratio method factoring in ROE (0.76 %), book value (₹31.9), dividend yield (0.00 %), and 5-year EPS CAGR.

What is the current share price and 52-week range of Network 18 Media & Investments Ltd?

Network 18 Media & Investments Ltd is trading at ₹34.40 as of 07 May 2026, with a FY2026-2027 high of ₹65.3 and low of ₹27.4. The stock is currently near its 52-week low. Market cap stands at ₹5,308 Cr..

How does Network 18 Media & Investments Ltd's P/E ratio compare to its industry?

Network 18 Media & Investments Ltd has a P/E ratio of 145, which is below the industry average of 296.27. Trading at a steep discount to peers could signal a value opportunity or reflect concerns about the company's fundamentals.

Is Network 18 Media & Investments Ltd financially healthy?

Key indicators for Network 18 Media & Investments Ltd: ROCE of 3.02 % is on the lower side compared to the industry average of 16.32%; ROE of 0.76 % is below ideal levels (industry average: 18.02%). Dividend yield is 0.00 %.

Is Network 18 Media & Investments Ltd profitable and how is the profit trend?

Network 18 Media & Investments Ltd reported a net profit of ₹-1,777 Cr in Mar 2025 on revenue of ₹6,888 Cr. Compared to ₹838 Cr in Mar 2022, the net profit shows a declining trend.

Does Network 18 Media & Investments Ltd pay dividends?

Network 18 Media & Investments Ltd has a dividend yield of 0.00 % at the current price of ₹34.40. The company is currently not paying meaningful dividends.

Last Updated: May 5, 2026, 12:45 am
Author: Getaka|Social: XLinkedIn
Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Network 18 Media & Investments Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE
Explore Industry-wise Stock Analysis Reports