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Last Updated on: 17 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Sri Adhikari Brothers Television Network Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 17, 2024, 6:03 pm

Market Cap 13.1 Cr.
Current Price 3.75
High / Low3.92/1.25
Stock P/E
Book Value 31.6
Dividend Yield0.00 %
ROCE%
ROE%
Face Value 10.0
PEG Ratio0.00

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

View Share Price Target for Sri Adhikari Brothers Television Network Ltd

Competitors of Sri Adhikari Brothers Television Network Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Hathway Bhawani Cabletel & Datacom Ltd 14.3 Cr. 17.723.7/16.2 1.990.00 %2.26 %2.26 % 10.0
G V Films Ltd 136 Cr. 0.731.20/0.46 0.610.00 %2.27 %2.08 % 1.00
Encash Entertainment Ltd 11.3 Cr. 29.029.0/29.0 21.30.00 %3.81 %3.93 % 10.0
Diksat Transworld Ltd 256 Cr. 146149/126246 14.40.00 %3.36 %4.21 % 10.0
Cyber Media (India) Ltd 42.1 Cr. 26.944.0/17.217.1 0.650.00 %45.5 %% 10.0
Industry Average3,444.60 Cr151.65203.7852.890.16%37.18%10.95%5.86

All Competitor Stocks of Sri Adhikari Brothers Television Network Ltd

Quarterly Result

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales0.000.000.000.000.000.000.000.000.000.000.000.000.00
Expenses0.320.330.300.240.230.200.200.160.190.170.320.180.30
Operating Profit-0.32-0.33-0.30-0.24-0.23-0.20-0.20-0.16-0.19-0.17-0.32-0.18-0.30
OPM %
Other Income0.020.000.010.000.000.000.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.000.000.000.000.000.000.00
Depreciation5.755.753.215.115.115.115.115.115.115.115.115.115.11
Profit before tax-6.05-6.08-3.50-5.35-5.34-5.31-5.31-5.27-5.30-5.28-5.43-5.29-5.41
Tax %0.00%0.00%-1.43%0.37%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Net Profit-6.06-6.08-3.54-5.32-5.33-5.31-5.31-5.26-5.30-5.28-5.43-5.29-5.41
EPS in Rs-1.73-1.74-1.01-1.52-1.53-1.52-1.52-1.51-1.52-1.51-1.56-1.52-1.55

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1321611801031321385715-10000
Expenses1241221327480976224-01111
Operating Profit83948305241-4-9-1-1-1-1-1
OPM %6%24%27%29%39%30%-7%-56%-284%
Other Income-000441-1110000
Interest201819816151612134000
Depreciation22212115251923242320202020
Profit before tax-340811148-44-44-37-25-21-21-21
Tax %33%-177%34%16%6%29%0%0%-0%-0%0%0%
Net Profit-23159135-53-44-37-25-21-21-21
EPS in Rs-9.180.361.742.463.751.52-15.11-12.50-10.55-7.15-6.09-6.09-6.13
Dividend Payout %-7%168%34%24%16%40%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)104.35%400.00%80.00%44.44%-61.54%-1160.00%16.98%15.91%32.43%16.00%0.00%
Change in YoY Net Profit Growth (%)0.00%295.65%-320.00%-35.56%-105.98%-1098.46%1176.98%-1.07%16.52%-16.43%-16.00%

Sri Adhikari Brothers Television Network Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2012-2013 to 2022-2023.

No data available for the compounded sales growth chart.

Balance Sheet

Last Updated: Unknown

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital25252835353535353535353535
Reserves9897118168616714-30-67-92-113-135-145
Preference Capital000020200000
Borrowings1601431242091311671222222
Other Liabilities323867664734195193206210209210211
Total Liabilities315303337479274303245200176155133113103
Fixed Assets1751601562431652211981721491291078676
CWIP11131314141414141414141414
Investments141432401890000000
Other Assets116117136183775933141313121313
Total Assets315303337479274303245200176155133113103

Reserves and Borrowings Chart

No data available for this post.

Free Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Free Cash Flow8.0039.0048.0030.0050.0041.00-6.00-9.00-1.00-1.00-1.00-1.00

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 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days9893120235106674449-96
Inventory Days44
Days Payable90
Cash Conversion Cycle989312023510667443-96
Working Capital Days-6-51-22-3220-30-977-4,146-60,065
ROCE %-5%7%10%6%9%9%-17%-103%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters22.13%22.13%22.13%22.13%22.13%22.13%22.12%22.12%22.12%22.12%22.12%22.12%
DIIs16.44%16.44%16.44%16.38%16.38%16.38%16.38%16.38%16.38%16.38%16.38%16.38%
Government0.00%0.00%0.00%0.00%0.00%0.09%0.00%0.00%0.00%0.00%0.00%0.00%
Public61.44%61.44%61.44%61.49%61.49%61.40%61.49%61.48%61.48%61.48%61.49%61.49%
No. of Shareholders13,59913,46213,41113,36113,21013,16913,17513,21613,20913,12813,03512,951

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)-8.41-6.09-6.08-7.14-10.54
Diluted EPS (Rs.)-8.41-6.09-6.08-7.14-10.54
Cash EPS (Rs.)-1.03-0.24-0.23-1.29-3.91
Book Value[Excl.RevalReserv]/Share (Rs.)4.64-28.52-22.43-16.28-9.12
Book Value[Incl.RevalReserv]/Share (Rs.)4.64-28.52-22.43-16.28-9.12
Revenue From Operations / Share (Rs.)1.090.000.000.00-0.32
PBDIT / Share (Rs.)-0.93-0.24-0.24-0.230.01
PBIT / Share (Rs.)-8.31-6.09-6.08-6.09-6.61
PBT / Share (Rs.)-8.31-6.09-6.08-7.13-10.52
Net Profit / Share (Rs.)-8.41-6.09-6.08-7.15-10.54
NP After MI And SOA / Share (Rs.)-8.38-6.09-6.08-7.14-10.54
PBDIT Margin (%)-85.510.000.000.00-5.27
PBIT Margin (%)-764.170.000.000.002029.60
PBT Margin (%)-764.360.000.000.003232.13
Net Profit Margin (%)-773.520.000.000.003237.45
NP After MI And SOA Margin (%)-770.500.000.000.003237.41
Return on Networth / Equity (%)-188.420.000.000.000.00
Return on Capital Employeed (%)-151.7724.2331.9748.79124.21
Return On Assets (%)-28.78-18.82-15.95-16.07-20.87
Long Term Debt / Equity (X)0.110.000.000.000.00
Total Debt / Equity (X)0.11-0.02-0.03-0.04-0.07
Asset Turnover Ratio (%)0.020.000.000.00-0.01
Current Ratio (X)0.490.020.020.020.02
Quick Ratio (X)0.490.010.010.010.01
Inventory Turnover Ratio (X)1.080.000.000.000.00
Interest Coverage Ratio (X)-453.87-8457.00-2101.25-0.220.00
Interest Coverage Ratio (Post Tax) (X)-4104.63-212663.00-53111.50-5.81-1.72
Enterprise Value (Cr.)-13.307.738.7010.825.60
EV / Net Operating Revenue (X)-4.820.000.000.00-4.92
EV / EBITDA (X)5.63-9.14-10.35-13.3593.40
MarketCap / Net Operating Revenue (X)3.480.000.000.00-3.07
Price / BV (X)0.84-0.05-0.08-0.14-0.10
Price / Net Operating Revenue (X)3.480.000.000.00-3.08
EarningsYield-2.22-3.80-3.30-2.95-10.54

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Sri Adhikari Brothers Television Network Ltd as of November 17, 2024 is: 72.52

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 November 17, 2024, Sri Adhikari Brothers Television Network Ltd is Undervalued by 1,833.87% compared to the current share price 3.75

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

Intrinsic Value of Sri Adhikari Brothers Television Network Ltd as of November 17, 2024 is: 101.69

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 November 17, 2024, Sri Adhikari Brothers Television Network Ltd is Undervalued by 2,611.73% compared to the current share price 3.75

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

Last 5 Year EPS CAGR: 40.22%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock is trading at a low valuation with an average P/B ratio of -6.64 and average Dividend Yield of 253.09%.
  2. The stock has a low average Working Capital Days of -96.83, which is a positive sign.
  3. The company has higher reserves (3.15 cr) compared to borrowings (0.31 cr), indicating strong financial stability.
  1. The stock has a low average ROCE of -7.00%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 55.83, which may not be favorable.
  3. The company has not shown consistent growth in sales (70.54) and profit (-15.85).

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 Sri Adhikari Brothers Television Network Ltd:
    1. Net Profit Margin: -773.52%
      • 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: -151.77% (Industry Average ROCE: 37.18%)
      • 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%: -188.42% (Industry Average ROE: 10.95%)
      • 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): -4104.63
      • 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: 0.49
      • 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: 203.78)
      • 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: 0.11
      • 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

Sri Adhikari Brothers Television Network Ltd. is a Public Limited Listed company incorporated on 19/12/1994 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L32200MH1994PLC083853 and registration number is 083853. Currently Company is involved in the business activities of Motion picture, video and television programme activities. Company’s Total Operating Revenue is Rs. 0.00 Cr. and Equity Capital is Rs. 34.94 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Entertainment & Media6th Floor, Adhikari Chambers, Mumbai Maharashtra 400053investorservices@adhikaribrothers.com
http://www.adhikaribrothers.com
Management
NamePosition Held
Mr. Ravi AdhikariChairman
Mr. Kailasnath AdhikariManaging Director
Mr. Pritesh RajgorIndependent Director
Mr. M Soundara PandianIndependent Director
Mr. Umakanth BhyravajoshyuluIndependent Director
Mrs. Latasha JadhavNon Executive Woman Director

FAQ

What is the latest intrinsic value of Sri Adhikari Brothers Television Network Ltd?

The latest intrinsic value of Sri Adhikari Brothers Television Network Ltd as on 17 November 2024 is ₹72.52, which is 1833.87% higher than the current market price of ₹3.75.

What is the Market Cap of Sri Adhikari Brothers Television Network Ltd?

The Market Cap of Sri Adhikari Brothers Television Network Ltd is 13.1 Cr..

What is the current Stock Price of Sri Adhikari Brothers Television Network Ltd as on 17 November 2024?

The current stock price of Sri Adhikari Brothers Television Network Ltd as on 17 November 2024 is ₹3.75.

What is the High / Low of Sri Adhikari Brothers Television Network Ltd stocks in FY 2024?

In FY 2024, the High / Low of Sri Adhikari Brothers Television Network Ltd stocks is 3.92/1.25.

What is the Stock P/E of Sri Adhikari Brothers Television Network Ltd?

The Stock P/E of Sri Adhikari Brothers Television Network Ltd is .

What is the Book Value of Sri Adhikari Brothers Television Network Ltd?

The Book Value of Sri Adhikari Brothers Television Network Ltd is 31.6.

What is the Dividend Yield of Sri Adhikari Brothers Television Network Ltd?

The Dividend Yield of Sri Adhikari Brothers Television Network Ltd is 0.00 %.

What is the ROCE of Sri Adhikari Brothers Television Network Ltd?

The ROCE of Sri Adhikari Brothers Television Network Ltd is %.

What is the ROE of Sri Adhikari Brothers Television Network Ltd?

The ROE of Sri Adhikari Brothers Television Network Ltd is %.

What is the Face Value of Sri Adhikari Brothers Television Network Ltd?

The Face Value of Sri Adhikari Brothers Television Network Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

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 Sri Adhikari Brothers Television Network 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