Raj Television Network Ltd: Intrinsic Value & Share Price Analysis

Share Price and Basic Stock Data

Last Updated: May 31, 2025, 8:45 pm

Market Cap	232 Cr.
Current Price	44.7
High / Low	126/41.5
Stock P/E
Book Value	23.8
Dividend Yield	0.00 %
ROCE	13.2 %
ROE	15.7 %
Face Value	5.00
PEG Ratio	0.00

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for Raj Television Network Ltd

Competitors of Raj Television Network Ltd

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
Hathway Bhawani Cabletel & Datacom Ltd	14.0 Cr.	17.3	23.7/14.9	350	2.22	0.00 %	3.38 %	2.25 %	10.0
G V Films Ltd	69.0 Cr.	0.37	1.04/0.34		0.61	0.00 %	2.27 %	2.08 %	1.00
Encash Entertainment Ltd	11.3 Cr.	29.0	/		20.8	0.00 %	4.70 %	4.70 %	10.0
Diksat Transworld Ltd	244 Cr.	139	149/130	141	13.7	0.00 %	3.36 %	4.21 %	10.0
Cyber Media (India) Ltd	23.7 Cr.	15.1	35.0/11.7		10.4	0.00 %	5.51 %	%	10.0
Industry Average	2,539.27 Cr	98.63		186.85	35.25	0.25%	41.80%	14.19%	6.04

All Competitor Stocks of Raj Television Network Ltd

Quarterly Result

Metric	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025
Sales	19.18	14.85	14.59	16.67	38.68	27.27	23.45	39.54	16.20	25.43	35.93	42.72	21.73
Expenses	5.49	12.20	14.58	16.42	35.90	25.73	22.34	39.09	14.46	43.53	34.43	41.38	26.18
Operating Profit	13.69	2.65	0.01	0.25	2.78	1.54	1.11	0.45	1.74	-18.10	1.50	1.34	-4.45
OPM %	71.38%	17.85%	0.07%	1.50%	7.19%	5.65%	4.73%	1.14%	10.74%	-71.18%	4.17%	3.14%	-20.48%
Other Income	0.33	0.03	0.03	0.40	0.21	0.03	0.02	0.12	0.21	0.05	0.00	0.19	0.00
Interest	0.90	0.82	0.78	0.75	0.73	0.71	0.64	0.60	0.56	1.18	1.03	0.82	0.75
Depreciation	1.75	1.71	-0.44	0.28	0.09	0.46	0.46	0.46	0.13	0.38	0.38	0.38	0.38
Profit before tax	11.37	0.15	-0.30	-0.38	2.17	0.40	0.03	-0.49	1.26	-19.61	0.09	0.33	-5.58
Tax %	4.31%	26.67%	-26.67%	-34.21%	30.41%	37.50%	33.33%	-6.12%	21.43%	-13.92%	22.22%	21.21%	-19.71%
Net Profit	10.88	0.11	-0.22	-0.24	1.51	0.25	0.02	-0.46	0.99	-16.88	0.07	0.27	-4.48
EPS in Rs	2.10	0.02	-0.04	-0.05	0.29	0.05	0.00	-0.09	0.19	-3.25	0.01	0.05	-0.86

Last Updated: May 31, 2025, 8:00 am

Below is a detailed analysis of the quarterly data for Raj Television Network Ltd based on the most recent figures (Mar 2025) and their trends compared to the previous period:

For Sales, as of Mar 2025, the value is 21.73 Cr.. The value appears to be declining and may need further review. It has decreased from 42.72 Cr. (Dec 2024) to 21.73 Cr., marking a decrease of 20.99 Cr..
For Expenses, as of Mar 2025, the value is 26.18 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 41.38 Cr. (Dec 2024) to 26.18 Cr., marking a decrease of 15.20 Cr..
For Operating Profit, as of Mar 2025, the value is -4.45 Cr.. The value appears to be declining and may need further review. It has decreased from 1.34 Cr. (Dec 2024) to -4.45 Cr., marking a decrease of 5.79 Cr..
For OPM %, as of Mar 2025, the value is -20.48%. The value appears to be declining and may need further review. It has decreased from 3.14% (Dec 2024) to -20.48%, marking a decrease of 23.62%.
For Other Income, as of Mar 2025, the value is 0.00 Cr.. The value appears to be declining and may need further review. It has decreased from 0.19 Cr. (Dec 2024) to 0.00 Cr., marking a decrease of 0.19 Cr..
For Interest, as of Mar 2025, the value is 0.75 Cr.. The value appears to be improving (decreasing) as expected. It has decreased from 0.82 Cr. (Dec 2024) to 0.75 Cr., marking a decrease of 0.07 Cr..
For Depreciation, as of Mar 2025, the value is 0.38 Cr.. The value remains steady. There is no change compared to the previous period (Dec 2024) which recorded 0.38 Cr..
For Profit before tax, as of Mar 2025, the value is -5.58 Cr.. The value appears to be declining and may need further review. It has decreased from 0.33 Cr. (Dec 2024) to -5.58 Cr., marking a decrease of 5.91 Cr..
For Tax %, as of Mar 2025, the value is -19.71%. The value appears to be improving (decreasing) as expected. It has decreased from 21.21% (Dec 2024) to -19.71%, marking a decrease of 40.92%.
For Net Profit, as of Mar 2025, the value is -4.48 Cr.. The value appears to be declining and may need further review. It has decreased from 0.27 Cr. (Dec 2024) to -4.48 Cr., marking a decrease of 4.75 Cr..
For EPS in Rs, as of Mar 2025, the value is -0.86. The value appears to be declining and may need further review. It has decreased from 0.05 (Dec 2024) to -0.86, marking a decrease of 0.91.

Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: March 7, 2025, 7:04 pm

Metric	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	75	79	82	82	61	62	62	59	78	69	85	106	120
Expenses	58	56	58	77	54	51	49	48	65	57	79	102	134
Operating Profit	18	23	24	5	8	10	14	11	13	12	6	5	-14
OPM %	24%	30%	30%	6%	12%	17%	22%	19%	16%	17%	7%	5%	-11%
Other Income	-1	1	1	0	1	2	1	0	0	0	1	0	0
Interest	4	5	6	5	5	5	5	4	6	4	3	3	4
Depreciation	4	4	6	7	7	7	6	7	7	7	2	2	1
Profit before tax	10	16	13	-5	-3	0	4	0	0	1	2	1	-18
Tax %	4%	19%	37%	13%	57%	3,525%	-50%	94%	61%	19%	32%	33%
Net Profit	9	13	8	-6	-5	-1	5	0	0	1	1	1	-16
EPS in Rs	1.79	2.49	1.57	-1.17	-0.92	-0.26	1.04	0.00	0.03	0.21	0.22	0.16	-3.00
Dividend Payout %	14%	20%	32%	-21%	0%	0%	10%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2022-2023	2023-2024
YoY Net Profit Growth (%)	44.44%	-38.46%	-175.00%	16.67%	80.00%	600.00%	-100.00%	0.00%	0.00%
Change in YoY Net Profit Growth (%)	0.00%	-82.91%	-136.54%	191.67%	63.33%	520.00%	-700.00%	100.00%	0.00%

Raj Television Network Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 9 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	4%
5 Years:	16%
3 Years:	22%
TTM:	18%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	-3018%

Stock Price CAGR
10 Years:	-9%
5 Years:	5%
3 Years:	4%
1 Year:	-63%

Return on Equity
10 Years:	-2%
5 Years:	-3%
3 Years:	-5%
Last Year:	-16%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 2:54 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	13	26	26	26	26	26	26	26	26	26	26	26	26
Reserves	90	131	129	122	112	111	116	115	116	117	118	119	102
Borrowings	21	44	30	34	41	43	36	35	23	24	25	23	30
Other Liabilities	16	15	15	21	8	10	13	22	34	23	33	16	29
Total Liabilities	139	217	200	203	187	189	191	199	198	190	201	183	187
Fixed Assets	64	114	103	99	114	109	110	110	104	98	120	118	118
CWIP	0	0	0	0	0	0	0	0	0	0	0	0	0
Investments	1	1	0	0	0	0	0	0	0	0	0	0	0
Other Assets	74	101	97	105	73	80	81	89	94	92	82	65	69
Total Assets	139	217	200	203	187	189	191	199	198	190	201	183	187

Below is a detailed analysis of the balance sheet data for Raj Television Network Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:

For Equity Capital, as of Sep 2024, the value is 26.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 26.00 Cr..
For Reserves, as of Sep 2024, the value is 102.00 Cr.. The value appears to be declining and may need further review. It has decreased from 119.00 Cr. (Mar 2024) to 102.00 Cr., marking a decrease of 17.00 Cr..
For Borrowings, as of Sep 2024, the value is 30.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 23.00 Cr. (Mar 2024) to 30.00 Cr., marking an increase of 7.00 Cr..
For Other Liabilities, as of Sep 2024, the value is 29.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 16.00 Cr. (Mar 2024) to 29.00 Cr., marking an increase of 13.00 Cr..
For Total Liabilities, as of Sep 2024, the value is 187.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 183.00 Cr. (Mar 2024) to 187.00 Cr., marking an increase of 4.00 Cr..
For Fixed Assets, as of Sep 2024, the value is 118.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 118.00 Cr..
For CWIP, as of Sep 2024, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Investments, as of Sep 2024, the value is 0.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 0.00 Cr..
For Other Assets, as of Sep 2024, the value is 69.00 Cr.. The value appears strong and on an upward trend. It has increased from 65.00 Cr. (Mar 2024) to 69.00 Cr., marking an increase of 4.00 Cr..
For Total Assets, as of Sep 2024, the value is 187.00 Cr.. The value appears strong and on an upward trend. It has increased from 183.00 Cr. (Mar 2024) to 187.00 Cr., marking an increase of 4.00 Cr..

Notably, the Reserves (102.00 Cr.) exceed the Borrowings (30.00 Cr.), indicating a solid financial buffer.

Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity +	-8	15	4	-12	12	19	17	8	3	31	4	-5
Cash from Investing Activity +	-10	-1	-2	-11	-2	-7	-7	-0	-1	-24	0	0
Cash from Financing Activity +	16	-20	0	19	-10	-12	-10	-7	-3	-7	-4	3
Net Cash Flow	-1	-5	2	-3	0	0	0	0	-0	-0	0	-2

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-3.00	-21.00	-6.00	-29.00	-33.00	-33.00	-22.00	-24.00	-10.00	-12.00	-19.00	-18.00

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

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	207	268	275	293	257	290	309	333	281	306	232	88
Inventory Days
Days Payable
Cash Conversion Cycle	207	268	275	293	257	290	309	333	281	306	232	88
Working Capital Days	156	264	280	289	219	249	213	206	191	250	96	83
ROCE %	13%	13%	10%	-0%	1%	3%	5%	3%	4%	3%	3%	2%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024
Promoters	71.42%	71.42%	71.42%	71.42%	71.42%	71.42%	71.42%	71.23%	71.20%	71.01%	70.95%	70.90%
FIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.05%	0.05%
Public	28.58%	28.58%	28.57%	28.57%	28.58%	28.58%	28.57%	28.77%	28.81%	28.99%	29.01%	29.06%
No. of Shareholders	7,933	7,916	7,728	7,663	7,610	7,620	7,522	7,356	7,423	6,739	8,857	8,040

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	0.16	0.22	0.21	0.03	0.00
Diluted EPS (Rs.)	0.16	0.22	0.21	0.03	0.00
Cash EPS (Rs.)	0.44	0.53	1.53	1.35	1.32
Book Value[Excl.RevalReserv]/Share (Rs.)	19.33	19.17	18.95	18.75	18.72
Book Value[Incl.RevalReserv]/Share (Rs.)	27.84	27.69	27.47	27.26	27.24
Revenue From Operations / Share (Rs.)	20.51	16.33	13.34	15.09	11.39
PBDIT / Share (Rs.)	1.00	1.23	2.32	2.52	2.25
PBIT / Share (Rs.)	0.71	0.91	1.00	1.20	0.92
PBT / Share (Rs.)	0.23	0.31	0.25	0.06	0.06
Net Profit / Share (Rs.)	0.15	0.21	0.20	0.02	0.00
PBDIT Margin (%)	4.90	7.50	17.42	16.71	19.73
PBIT Margin (%)	3.48	5.57	7.50	7.96	8.15
PBT Margin (%)	1.13	1.94	1.93	0.45	0.58
Net Profit Margin (%)	0.75	1.32	1.56	0.16	0.02
Return on Networth / Equity (%)	0.80	1.13	1.10	0.13	0.01
Return on Capital Employeed (%)	2.34	3.03	3.24	3.92	3.07
Return On Assets (%)	0.43	0.55	0.57	0.06	0.00
Long Term Debt / Equity (X)	0.06	0.07	0.11	0.10	0.13
Total Debt / Equity (X)	0.19	0.20	0.24	0.23	0.26
Asset Turnover Ratio (%)	0.55	0.43	0.35	0.39	0.30
Current Ratio (X)	1.56	1.26	2.26	1.78	1.54
Quick Ratio (X)	1.17	1.26	2.09	1.77	1.52
Dividend Payout Ratio (NP) (%)	0.00	0.00	0.00	0.00	4365.84
Dividend Payout Ratio (CP) (%)	0.00	0.00	0.00	0.00	7.56
Earning Retention Ratio (%)	0.00	0.00	0.00	0.00	-4265.84
Cash Earning Retention Ratio (%)	0.00	0.00	0.00	0.00	92.44
Interest Coverage Ratio (X)	2.08	2.07	3.13	2.23	2.61
Interest Coverage Ratio (Post Tax) (X)	1.32	1.37	1.28	1.02	1.00
Enterprise Value (Cr.)	321.02	221.92	227.37	182.29	194.10
EV / Net Operating Revenue (X)	3.02	2.62	3.28	2.33	3.28
EV / EBITDA (X)	61.50	34.87	18.84	13.93	16.63
MarketCap / Net Operating Revenue (X)	2.86	2.41	2.97	2.07	2.89
Retention Ratios (%)	0.00	0.00	0.00	0.00	-4265.84
Price / BV (X)	3.03	2.05	2.09	1.66	1.76
Price / Net Operating Revenue (X)	2.86	2.41	2.97	2.07	2.89
EarningsYield	0.00	0.01	0.01	0.00	0.00

After reviewing the key financial ratios for Raj Television Network Ltd, here is a detailed analysis based on the latest available data and recent trends:

For FaceValue, as of Mar 24, the value is 5.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 5.00.
For Basic EPS (Rs.), as of Mar 24, the value is 0.16. This value is below the healthy minimum of 5. It has decreased from 0.22 (Mar 23) to 0.16, marking a decrease of 0.06.
For Diluted EPS (Rs.), as of Mar 24, the value is 0.16. This value is below the healthy minimum of 5. It has decreased from 0.22 (Mar 23) to 0.16, marking a decrease of 0.06.
For Cash EPS (Rs.), as of Mar 24, the value is 0.44. This value is below the healthy minimum of 3. It has decreased from 0.53 (Mar 23) to 0.44, marking a decrease of 0.09.
For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 19.33. It has increased from 19.17 (Mar 23) to 19.33, marking an increase of 0.16.
For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 27.84. It has increased from 27.69 (Mar 23) to 27.84, marking an increase of 0.15.
For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 20.51. It has increased from 16.33 (Mar 23) to 20.51, marking an increase of 4.18.
For PBDIT / Share (Rs.), as of Mar 24, the value is 1.00. This value is below the healthy minimum of 2. It has decreased from 1.23 (Mar 23) to 1.00, marking a decrease of 0.23.
For PBIT / Share (Rs.), as of Mar 24, the value is 0.71. This value is within the healthy range. It has decreased from 0.91 (Mar 23) to 0.71, marking a decrease of 0.20.
For PBT / Share (Rs.), as of Mar 24, the value is 0.23. This value is within the healthy range. It has decreased from 0.31 (Mar 23) to 0.23, marking a decrease of 0.08.
For Net Profit / Share (Rs.), as of Mar 24, the value is 0.15. This value is below the healthy minimum of 2. It has decreased from 0.21 (Mar 23) to 0.15, marking a decrease of 0.06.
For PBDIT Margin (%), as of Mar 24, the value is 4.90. This value is below the healthy minimum of 10. It has decreased from 7.50 (Mar 23) to 4.90, marking a decrease of 2.60.
For PBIT Margin (%), as of Mar 24, the value is 3.48. This value is below the healthy minimum of 10. It has decreased from 5.57 (Mar 23) to 3.48, marking a decrease of 2.09.
For PBT Margin (%), as of Mar 24, the value is 1.13. This value is below the healthy minimum of 10. It has decreased from 1.94 (Mar 23) to 1.13, marking a decrease of 0.81.
For Net Profit Margin (%), as of Mar 24, the value is 0.75. This value is below the healthy minimum of 5. It has decreased from 1.32 (Mar 23) to 0.75, marking a decrease of 0.57.
For Return on Networth / Equity (%), as of Mar 24, the value is 0.80. This value is below the healthy minimum of 15. It has decreased from 1.13 (Mar 23) to 0.80, marking a decrease of 0.33.
For Return on Capital Employeed (%), as of Mar 24, the value is 2.34. This value is below the healthy minimum of 10. It has decreased from 3.03 (Mar 23) to 2.34, marking a decrease of 0.69.
For Return On Assets (%), as of Mar 24, the value is 0.43. This value is below the healthy minimum of 5. It has decreased from 0.55 (Mar 23) to 0.43, marking a decrease of 0.12.
For Long Term Debt / Equity (X), as of Mar 24, the value is 0.06. This value is below the healthy minimum of 0.2. It has decreased from 0.07 (Mar 23) to 0.06, marking a decrease of 0.01.
For Total Debt / Equity (X), as of Mar 24, the value is 0.19. This value is within the healthy range. It has decreased from 0.20 (Mar 23) to 0.19, marking a decrease of 0.01.
For Asset Turnover Ratio (%), as of Mar 24, the value is 0.55. It has increased from 0.43 (Mar 23) to 0.55, marking an increase of 0.12.
For Current Ratio (X), as of Mar 24, the value is 1.56. This value is within the healthy range. It has increased from 1.26 (Mar 23) to 1.56, marking an increase of 0.30.
For Quick Ratio (X), as of Mar 24, the value is 1.17. This value is within the healthy range. It has decreased from 1.26 (Mar 23) to 1.17, marking a decrease of 0.09.
For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 20. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Cash Earning Retention Ratio (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 40. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Interest Coverage Ratio (X), as of Mar 24, the value is 2.08. This value is below the healthy minimum of 3. It has increased from 2.07 (Mar 23) to 2.08, marking an increase of 0.01.
For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 1.32. This value is below the healthy minimum of 3. It has decreased from 1.37 (Mar 23) to 1.32, marking a decrease of 0.05.
For Enterprise Value (Cr.), as of Mar 24, the value is 321.02. It has increased from 221.92 (Mar 23) to 321.02, marking an increase of 99.10.
For EV / Net Operating Revenue (X), as of Mar 24, the value is 3.02. This value exceeds the healthy maximum of 3. It has increased from 2.62 (Mar 23) to 3.02, marking an increase of 0.40.
For EV / EBITDA (X), as of Mar 24, the value is 61.50. This value exceeds the healthy maximum of 15. It has increased from 34.87 (Mar 23) to 61.50, marking an increase of 26.63.
For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 2.86. This value is within the healthy range. It has increased from 2.41 (Mar 23) to 2.86, marking an increase of 0.45.
For Retention Ratios (%), as of Mar 24, the value is 0.00. This value is below the healthy minimum of 30. There is no change compared to the previous period (Mar 23) which recorded 0.00.
For Price / BV (X), as of Mar 24, the value is 3.03. This value exceeds the healthy maximum of 3. It has increased from 2.05 (Mar 23) to 3.03, marking an increase of 0.98.
For Price / Net Operating Revenue (X), as of Mar 24, the value is 2.86. This value is within the healthy range. It has increased from 2.41 (Mar 23) to 2.86, marking an increase of 0.45.
For EarningsYield, as of Mar 24, the value is 0.00. This value is below the healthy minimum of 5. It has decreased from 0.01 (Mar 23) to 0.00, marking a decrease of 0.01.

Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Raj Television Network Ltd as of June 1, 2025 is: 45.74

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of June 1, 2025, Raj Television Network Ltd is Undervalued by 2.33% compared to the current share price 44.70

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Raj Television Network Ltd as of June 1, 2025 is: 34.61

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of June 1, 2025, Raj Television Network Ltd is Overvalued by 22.57% compared to the current share price 44.70

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -24.33%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The company has higher reserves (115.23 cr) compared to borrowings (31.46 cr), indicating strong financial stability. The company has shown consistent growth in sales (78.46 cr) and profit (1.62 cr) over the years.	The stock has a low average ROCE of 5.00%, which may not be favorable. The stock has a high average Working Capital Days of 208.00, which may not be favorable. The stock has a high average Cash Conversion Cycle of 261.58, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Raj Television Network Ltd:
1. Net Profit Margin: 0.75%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 2.34% (Industry Average ROCE: 41.8%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 0.8% (Industry Average ROE: 14.19%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.32
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.17
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 0 (Industry average Stock P/E: 186.85)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.19
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Raj Television Network Ltd. is a Public Limited Listed company incorporated on 03/06/1994 and has its registered office in the State of Tamil Nadu, India. Company's Corporate Identification Number(CIN) is L92490TN1994PLC027709 and registration number is 027709. Currently Company is involved in the business activities of Radio broadcasting. Company's Total Operating Revenue is Rs. 125.82 Cr. and Equity Capital is Rs. 25.96 Cr. for the Year ended 31/03/2025.

INDUSTRY	ADDRESS	CONTACT
Entertainment & Media	32, Poes Road, Chennai (Madras) Tamil Nadu 600018	administrator@rajtvnet.in http://www.rajtvnet.in

Management
Name	Position Held
Mr. M Raajhendhran	Managing Director
Mr. M Rajarathnam	Whole Time Director
Mr. M Ravindran	Whole Time Director
Mr. M Raghunathan	Whole Time Director
Mrs. Vijayalakshmi Ravindran	Non Executive Director
Mr. Mohan Kameswaran	Independent Director
Mrs. Bharathi Sridhar	Independent Director
Mr. S Venkateswaran	Independent Director
Mr. Subramaniam Muthiah Balaji	Independent Director
Mrs. Nidavanur Subbarama Naidu Prema	Independent Director

FAQ

What is the intrinsic value of Raj Television Network Ltd?

Raj Television Network Ltd's intrinsic value (as of 01 June 2025) is ₹45.74 — 2.33% higher the current market price of 44.70, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 232 Cr. market cap, FY2025-2026 high/low of ₹126/41.5, reserves of 102 Cr, and liabilities of 187 Cr.

What is the Market Cap of Raj Television Network Ltd?

The Market Cap of Raj Television Network Ltd is 232 Cr..

What is the current Stock Price of Raj Television Network Ltd as on 01 June 2025?

The current stock price of Raj Television Network Ltd as on 01 June 2025 is 44.7.

What is the High / Low of Raj Television Network Ltd stocks in FY 2025-2026?

In FY 2025-2026, the High / Low of Raj Television Network Ltd stocks is ₹126/41.5.

What is the Stock P/E of Raj Television Network Ltd?

The Stock P/E of Raj Television Network Ltd is .

What is the Book Value of Raj Television Network Ltd?

The Book Value of Raj Television Network Ltd is 23.8.

What is the Dividend Yield of Raj Television Network Ltd?

The Dividend Yield of Raj Television Network Ltd is 0.00 %.

What is the ROCE of Raj Television Network Ltd?

The ROCE of Raj Television Network Ltd is 13.2 %.

What is the ROE of Raj Television Network Ltd?

The ROE of Raj Television Network Ltd is 15.7 %.

What is the Face Value of Raj Television Network Ltd?

The Face Value of Raj Television Network Ltd is 5.00.