TV Today Network Ltd: Intrinsic Value & Share Price Analysis

Fair Value

₹60.75Overvalued by 43.75%vs CMP ₹108.00

P/E (23.5) × ROE (2.1%) × BV (₹149.00) × DY (2.79%)

₹92.19Overvalued by 14.64%vs CMP ₹108.00

MoS: -17.1% (Negative)Confidence: 43/100 (Low)Models: 4 Under, 1 Fair, 4 Over

Model	Category	Value	Weight	Signal
PE-ROE	Earnings	₹34.93	22%	Over (-67.7%)
Graham Number	Earnings	₹80.02	16%	Over (-25.9%)
Earnings Power	Earnings	₹101.06	11%	Fair (-6.4%)
DCF	Cash Flow	₹15.70	13%	Over (-85.5%)
Net Asset Value	Assets	₹149.65	7%	Under (+38.6%)
EV/EBITDA	Enterprise	₹174.85	9%	Under (+61.9%)
Earnings Yield	Earnings	₹19.10	7%	Over (-82.3%)
ROCE Capital	Returns	₹246.40	9%	Under (+128.1%)
Revenue Multiple	Revenue	₹166.79	5%	Under (+54.4%)
Consensus (9 models)		₹92.19	100%	Overvalued

Key Drivers: EPS CAGR -42.5% drags value — could be higher if earnings stabilize. | ROE 2.1% 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: -42.5%

*Investments are subject to market risks

Analysis summary

Data coverage: Price-data record updated 24 September 2026, 3:51 am +05:30. Annual results through Mar 2025; quarterly results through Dec 2025; cash flow through Mar 2026. Each section can have a different reporting period. The share price is not live.

Valuation in context

Operating performance

Revenue for Mar 2025 was ₹993.00 Cr, versus ₹936.00 Cr in Mar 2024 (6.1% year on year). Net profit for Mar 2025 was ₹75.00 Cr, versus ₹56.00 Cr in Mar 2024 (33.9% year on year). These are the latest annual periods stored on this page; check the quarterly table separately for more recent developments.

Cash generation

For the same Mar 2025 period, operating cash flow was ₹122.00 Cr against net profit of ₹75.00 Cr. Cash flow covered 1.63 times reported profit. Cash generation supports the reported profit for this period; check whether this continues over several years.

Balance-sheet check

Reported borrowings were ₹15.00 Cr in Mar 2026. Read this alongside cash, interest costs and repayment obligations; reserves are an accounting balance and are not the same as available cash.

How to use the valuation and peer comparisons

The Intrinsic Value panel combines the available model estimates using the displayed weights. Earnings, cash-flow, dividend and asset-based methods can give very different answers. The displayed 12% cost of equity and 4% terminal growth assumptions apply where relevant; historical EPS growth is not a promise of future growth. Use the individual values and their spread to judge sensitivity.

The peer group follows the stored industry classification and may include different business models. Compare reporting periods, leverage and recurring earnings before interpreting a valuation gap. For banks and other financial businesses, capital adequacy and asset quality can be more informative than industrial-company cash-flow ratios.

Sources: Company data source. Check the company filings linked by the source for the reporting basis and exceptional items.

Automatically generated interpretation of the stored financial data, not a separately researched analyst opinion. Missing data is not evidence of poor performance. New filings become available here after the existing data refresh process captures them.

Investment Snapshot

TV Today Network Ltd scores 47/100 (Average)

Based on 5 dimensions: health, institutional flow, earnings quality, momentum, and peer comparison

Stock Health60/100 · Moderate

ROCE 4.5% WeakROE 2.1% WeakDebt/equity Not availableInterest Coverage 60.1x StrongProfitable 5/5 available years Reported history

Smart Money20/100 · Weak

FII holding down -1.17% (6mo) SellingDII holding down 7.81% MF sellingPromoter holding at 63.2% Stable

Earnings Quality65/100 · Strong

CFO/NP ratio: 0.81x Cash-backed earningsOPM contracting (21% → 10%) Declining

Quarterly Momentum25/100 · Weak

Revenue (4Q): -15% YoY DecliningProfit (4Q): -86% YoY Declining

Industry Rank40/100 · Moderate

P/E 23.5 vs industry 55.8 Lower P/EROCE 4.5% vs industry 10.3% Below peersROE 2.1% vs industry 14.4% Below peers3Y sales CAGR: 2% Slow

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Industry Rank 15% · Smart Money 10%. Scores use stored reporting periods and are screening indicators, not investment recommendations. Missing health ratios are excluded. Broad industry groups and financial-sector accounting can limit comparability.

Share Price and Basic Stock Data

Last Updated: September 24, 2026, 3:51 am

Market Cap	643 Cr.
Current Price	108
Intrinsic Value	₹92.19
High / Low	158/93.5
Stock P/E	23.5
Book Value	149
Dividend Yield	2.79 %
ROCE	4.49 %
ROE	2.11 %
Face Value	5.00
PEG Ratio	-0.55

Understand these figures: how to read the P/E ratio, ROE versus earnings per share, and calculate intrinsic value.

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

Stock P/E Current Price Intrinsic Value

View Share Price Target for TV Today Network Ltd

Competitors

Stock Name ⇩	Market Cap ⇩	Current Price ⇩	High / Low ⇩	Stock P/E ⇩	Book Value ⇩	Dividend Yield ⇩	ROCE ⇩	ROE ⇩	Face Value ⇩
TV Today Network Ltd	643 Cr.	108	158/93.5	23.5	149	2.79 %	4.49 %	2.11 %	5.00
GTPL Hathway Ltd	631 Cr.	56.1	120/50.6	79.0	102	3.57 %	3.47 %	1.44 %	10.0
Pressman Advertising Ltd	626 Cr.	266	/	116	20.0	0.00 %	12.2 %	9.46 %	2.00
Exhicon Events Media Solutions Ltd	783 Cr.	477	595/390	19.2	135	0.03 %	29.5 %	26.1 %	10.0
Zee Media Corporation Ltd	492 Cr.	7.51	12.3/6.65	146	3.58	0.00 %	5.27 %	3.00 %	1.00
Industry Average	4,221.34 Cr	168.54		107.03	61.21	0.32%	14.58%	27.23%	6.05

All Competitor Stocks of TV Today Network Ltd

Quarterly Result

Metric	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025
Sales	231.31	217.14	222.75	213.86	262.69	247.37	309.22	206.77	231.78	249.17	198.44	185.68	212.36
Expenses	195.27	195.72	209.32	202.03	221.57	223.55	237.38	197.78	219.63	244.91	194.23	179.47	199.66
Operating Profit	36.04	21.42	13.43	11.83	41.12	23.82	71.84	8.99	12.15	4.26	4.21	6.21	12.70
OPM %	15.58%	9.86%	6.03%	5.53%	15.65%	9.63%	23.23%	4.35%	5.24%	1.71%	2.12%	3.34%	5.98%
Other Income	13.00	-1.98	9.65	9.27	9.64	3.38	6.83	12.60	9.29	12.06	14.14	1.97	-3.40
Interest	0.72	0.84	0.87	0.82	0.89	0.68	0.61	0.77	0.61	0.59	0.55	0.44	0.43
Depreciation	10.31	10.33	10.19	10.33	10.57	8.82	8.12	9.36	8.17	7.84	7.68	7.58	7.36
Profit before tax	38.01	8.27	12.02	9.95	39.30	17.70	69.94	11.46	12.66	7.89	10.12	0.16	1.51
Tax %	27.33%	29.26%	26.96%	29.45%	25.90%	35.25%	26.54%	27.84%	31.04%	22.05%	27.37%	1,337.50%	109.27%
Net Profit	27.62	5.85	8.78	7.02	29.12	11.46	51.38	8.27	8.73	6.15	7.35	-1.98	-0.14
EPS in Rs	4.63	0.98	1.47	1.18	4.88	1.92	8.61	1.39	1.46	1.03	1.23	-0.33	-0.02

Last Updated: March 3, 2026, 2:06 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: February 26, 2026, 6:46 am

Metric	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	389	477	582	652	721	742	857	783	930	878	936	993	846
Expenses	280	345	420	489	513	542	641	584	686	747	839	893	818
Operating Profit	109	132	162	163	208	200	216	199	244	131	97	100	27
OPM %	28%	28%	28%	25%	29%	27%	25%	25%	26%	15%	10%	10%	3%
Other Income	12	23	-10	29	11	36	43	37	44	34	23	38	25
Interest	4	1	6	8	4	1	3	2	3	3	3	2	2
Depreciation	24	30	31	29	31	32	38	40	42	41	35	32	30
Profit before tax	93	123	115	155	183	204	218	194	243	120	82	103	20
Tax %	34%	34%	46%	35%	35%	36%	36%	32%	25%	27%	31%	28%
Net Profit	61	81	62	100	119	131	139	132	182	88	56	75	11
EPS in Rs	10.31	13.58	10.62	17.14	19.94	21.97	23.36	22.04	30.42	14.79	9.45	12.49	1.91
Dividend Payout %	10%	11%	16%	12%	11%	10%	95%	11%	10%	473%	90%	24%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024	2024-2025
YoY Net Profit Growth (%)	32.79%	-23.46%	61.29%	19.00%	10.08%	6.11%	-5.04%	37.88%	-51.65%	-36.36%	33.93%
Change in YoY Net Profit Growth (%)	0.00%	-56.24%	84.75%	-42.29%	-8.92%	-3.98%	-11.14%	42.91%	-89.53%	15.28%	70.29%

TV Today Network 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:	3%
3 Years:	2%
TTM:	-14%

Compounded Profit Growth
10 Years:	-1%
5 Years:	-12%
3 Years:	-26%
TTM:	-70%

Stock Price CAGR
10 Years:	-4%
5 Years:	-8%
3 Years:	-21%
1 Year:	-45%

Return on Equity
10 Years:	14%
5 Years:	11%
3 Years:	8%
Last Year:	8%

Last Updated: September 5, 2025, 1:50 pm

Balance Sheet

Last Updated: May 18, 2026, 5:00 am

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	30	30	30	30	30	30	30	30	30	30	30	30
Reserves	420	442	551	632	866	842	961	1,128	799	838	861	861
Borrowings	7	46	35	0	3	21	17	32	34	34	21	15
Other Liabilities	120	130	152	173	172	199	201	222	210	225	221	224
Total Liabilities	577	647	768	834	1,071	1,092	1,208	1,411	1,073	1,127	1,133	1,129
Fixed Assets	235	214	206	258	247	245	226	227	214	193	152	345
CWIP	3	5	4	2	4	0	1	1	1	3	0	3
Investments	46	7	0	0	0	0	0	0	0	0	0	0
Other Assets	293	421	558	574	820	847	981	1,183	857	930	981	782
Total Assets	577	647	768	834	1,071	1,092	1,208	1,411	1,073	1,127	1,133	1,129

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity +	78	-36	120	152	125	201	166	235	41	15	122	10
Cash from Investing Activity +	-49	0	-103	-94	-104	-15	-166	-211	371	35	-74	20
Cash from Financing Activity +	-18	-13	-16	-59	-14	-168	-17	-22	-427	-28	-61	-28
Net Cash Flow	11	-48	1	-0	7	17	-17	2	-15	22	-14	3
Free Cash Flow	21	-46	105	68	102	188	146	209	11	-4	106	-6
CFO/OP	89%	13%	110%	103%	99%	100%	108%	112%	63%	31%	140%	19%

Free Cash Flow

Free cash flow reported in the stored cash-flow statement (₹ Cr)
Period	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Free Cash Flow	21.00	-46.00	105.00	68.00	102.00	188.00	146.00	209.00	11.00	-4.00	106.00	-6.00

This table and the chart use the Free Cash Flow row from the same stored cash-flow statement. Free cash flow generally measures operating cash flow after capital expenditure; check the source definition and reporting basis. It is not operating profit minus borrowings.

Free Cash Flow Chart

Financial Efficiency Indicators

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
Debtor Days	103	105	95	100	94	91	94	93	75	88	108	80
Inventory Days
Days Payable
Cash Conversion Cycle	103	105	95	100	94	91	94	93	75	88	108	80
Working Capital Days	47	48	34	41	49	134	180	164	283	230	162	104
ROCE %	25%	29%	31%	27%	31%	26%	25%	21%	22%	13%	11%	12%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Promoters	58.45%	58.45%	58.45%	58.45%	58.45%	58.45%	58.45%	58.45%	58.45%	63.20%	63.20%	63.20%
FIIs	1.47%	1.46%	1.62%	1.58%	3.70%	3.84%	4.72%	5.15%	5.21%	5.14%	4.53%	4.04%
DIIs	13.92%	12.97%	12.96%	12.98%	10.97%	10.73%	9.44%	8.85%	7.90%	3.10%	0.07%	0.09%
Public	26.15%	27.11%	26.96%	26.98%	26.88%	26.96%	27.38%	27.54%	28.42%	28.55%	32.19%	32.66%
No. of Shareholders	49,071	52,362	53,607	52,746	54,566	56,524	57,790	57,101	56,854	54,834	52,917	51,571

Shareholding Pattern Chart

No. of Shareholders

TV Today Network Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
HDFC Small Cap Fund	1,807,956	0.07	25.56	2,284,009	2026-01-26 00:40:08	-20.84%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 25	Mar 24	Mar 23	Mar 22	Mar 21
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	12.49	9.45	14.79	30.42	22.04
Diluted EPS (Rs.)	12.49	9.45	14.79	30.42	22.04
Cash EPS (Rs.)	17.90	16.39	21.71	37.52	28.77
Book Value[Excl.RevalReserv]/Share (Rs.)	149.38	145.39	138.86	194.06	166.03
Book Value[Incl.RevalReserv]/Share (Rs.)	149.38	145.39	138.86	194.06	166.03
Revenue From Operations / Share (Rs.)	166.45	159.59	147.21	155.90	131.24
PBDIT / Share (Rs.)	24.39	21.25	29.30	48.32	39.59
PBIT / Share (Rs.)	18.98	14.31	22.39	41.23	32.87
PBT / Share (Rs.)	18.58	12.91	20.17	40.79	32.46
Net Profit / Share (Rs.)	12.49	9.45	14.79	30.42	22.04
NP After MI And SOA / Share (Rs.)	12.49	9.45	14.79	30.42	22.04
PBDIT Margin (%)	14.65	13.31	19.90	30.99	30.16
PBIT Margin (%)	11.40	8.96	15.20	26.44	25.04
PBT Margin (%)	11.16	8.09	13.70	26.16	24.73
Net Profit Margin (%)	7.50	5.92	10.04	19.51	16.79
NP After MI And SOA Margin (%)	7.50	5.92	10.04	19.51	16.79
Return on Networth / Equity (%)	8.36	6.49	10.65	15.67	13.27
Return on Capital Employeed (%)	12.48	9.54	15.51	20.71	19.43
Return On Assets (%)	6.57	5.00	8.22	12.86	10.88
Asset Turnover Ratio (%)	0.87	0.86	0.70	0.70	0.68
Current Ratio (X)	3.60	3.87	3.91	5.03	4.07
Quick Ratio (X)	3.60	3.87	3.91	5.03	4.07
Dividend Payout Ratio (NP) (%)	68.05	31.74	473.34	8.21	10.21
Dividend Payout Ratio (CP) (%)	47.50	18.30	322.48	6.66	7.82
Earning Retention Ratio (%)	31.95	68.26	-373.34	91.79	89.79
Cash Earning Retention Ratio (%)	52.50	81.70	-222.48	93.34	92.18
Interest Coverage Ratio (X)	60.12	37.07	52.34	109.20	96.81
Interest Coverage Ratio (Post Tax) (X)	35.06	18.92	30.37	69.75	54.89
Enterprise Value (Cr.)	649.99	1013.00	1015.72	2030.84	1330.08
EV / Net Operating Revenue (X)	0.65	1.06	1.16	2.18	1.70
EV / EBITDA (X)	4.47	7.99	5.81	7.04	5.63
MarketCap / Net Operating Revenue (X)	0.93	1.33	1.23	2.38	2.03
Retention Ratios (%)	31.94	68.25	-373.34	91.78	89.78
Price / BV (X)	1.05	1.46	1.30	1.91	1.61
Price / Net Operating Revenue (X)	0.93	1.33	1.23	2.38	2.03
EarningsYield	0.07	0.04	0.08	0.08	0.08

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Frequently asked questions

What is the intrinsic value of TV Today Network Ltd and is it undervalued?

TV Today Network Ltd: the stored intrinsic value estimate is ₹92.19, compared with a stored share price of ₹108.00. The model value is 14.6% below that quote. The model classifies this as overvalued; it is an estimate dependent on the inputs and assumptions, not a price target or a buy/sell recommendation. The estimate uses the available valuation models and weights shown in the Intrinsic Value panel, including earnings, cash-flow and asset-based approaches where data permits. It is not a P/E-only calculation.

What share price and 52-week range are shown for TV Today Network Ltd?

The stored share price is ₹108.00. Price-data record updated: 24 September 2026, 3:51 am +05:30. This is not a live quote. The stored 52-week high / low is 158/93.5; this is a rolling range, not a financial-year range.

How have TV Today Network Ltd's revenue and profit changed?

Does TV Today Network Ltd's profit convert into cash?

What should I check in TV Today Network Ltd's balance sheet?

Reported borrowings were ₹15.00 Cr in Mar 2026. Read this alongside cash, interest costs and repayment obligations; reserves are an accounting balance and are not the same as available cash.

How should I compare TV Today Network Ltd's P/E with other stocks?

The stored P/E is 23.50. Compare companies with similar business models, growth, leverage and accounting periods. The industry group on this page is broad, and its average can be affected by outliers. A lower P/E alone does not establish undervaluation.

What could change TV Today Network Ltd's intrinsic value estimate?

Changes in sustainable earnings, cash generation, capital needs, debt and share count can change the estimate. The displayed model uses a 12% cost of equity and 4% terminal growth assumption where applicable. Higher discount rates or weaker growth generally reduce discounted values. Compare the individual model values and weights, and verify fresh filings before relying on the result.