Network 18 Media & Investments Limited
₹23.68-₹0.45 (-1.9%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹6,264 Cr
- EV / EBITDA
- 237.8x
- Revenue
- ₹1,896 Cr
- Net margin
- -10.2%
- ROCE
- 0.6%
Price chart
Technical chartScreen technicals →-51.1% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- -8.6%
- 3M
- -19.2%
- 6M
- -31.2%
- 1Y
- -51.1%
- 5Y
- -73.1%
52-week range
Day change -₹0.45 (-1.9%) from ₹24 to ₹24 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in NETWORK18, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 74.9%
Concerns1
- Low interest coverage ratio of 0.1x
Rule-based from financial data. Not advice.
About the company
Network18 Media & Investments Limited engages in broadcasting, digital content, print, and allied businesses in India. The company operates business news channels, such as CNBC-TV18, CNBC Awaaz, and CNBC Bajar; general news channels, including CNN News18 and News18 India; and regional news channels comprising News18 network. It also operates factual entertainment and lifestyle channels, such as HistoryTV18.
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Network18 Media & Investments Limited engages in broadcasting, digital content, print, and allied businesses in India. The company operates business news channels, such as CNBC-TV18, CNBC Awaaz, and CNBC Bajar; general news channels, including CNN News18 and News18 India; and regional news channels comprising News18 network. It also operates factual entertainment and lifestyle channels, such as HistoryTV18. In addition, the company operates digital content websites, including MoneyControl, News18.com, CNBCTV18.com, and Firstpost. Further, it publishes Forbes India and Overdrive magazines; and engages in film distribution and syndication. The company was formerly known as Network18 Fincap Private Limited and changed its name to Network18 Media & Investments Limited in December 2007. Network18 Media & Investments Limited was incorporated in 1996 and is based in Mumbai, India. Network18 Media & Investments Limited operates as a subsidiary of Reliance Industries Limited.
- Sector
- Media & Entertainment
- Shares outstanding
- 154 Cr shares
- ISIN
- INE870H01013
- BSE code
- 532798
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹6,264 Cr
- P/B
- 1.2x
- EV / EBITDA
- 237.8x
- EV / Sales
- 4.8x
- P/S
- 3.4x
- 52-week high
- ₹51.53
- 52-week low
- ₹23.21
Profitability
- Operating margin
- 1.4%
- Net margin
- -10.2%
- EBITDA margin
- 2.0%
- ROE
- -12.8%
- ROCE
- 0.6%
- ROA
- -3.9%
- Dividend payout
- 0.0%
- Tax rate
- -26.0%
- Other income, % of PBT
- -4.8%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹1,896 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 4.3%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 74.9%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹37.0 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 177.1%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -1836.8%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹125 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -340.4%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -₹14.0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 29.3%
Solvency and efficiency
- Current ratio
- 5.02
- Debt / Equity
- 1.88
- Debt / Assets
- 0.57
- Debt / EBITDA
- 73.43
- Interest coverage
- 0.13
- Financial leverage
- 3.29
- CFO / Net profit
- -0.68
- Cash / Market cap
- 14.6%
- Cash per share
- ₹5.95
- Asset turnover
- 0.38
- Fixed asset turnover
- 1.04
- Capital intensity
- 0.97
- Debtor days
- 115 days
- Cash conversion cycle
- 115 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹169 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹1,862 Cr |
| Sales | Operating profit | ₹34 Cr |
| Operating profit | Interest | ₹34 Cr |
| Other income | Interest | ₹179 Cr |
| Other income | Depreciation | ₹122 Cr |
| Other income | Profit before tax | ₹3,213 Cr |
| Profit before tax | Net profit | ₹3,213 Cr |
Revenue and net profit
Revenue grew 4.3% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹119 Cr | -₹133 Cr |
| FY2022 | ₹167 Cr | -₹90 Cr |
| FY2023 | ₹187 Cr | -₹187 Cr |
| FY2024 | ₹1,818 Cr | -₹185 Cr |
| FY2025 | ₹1,896 Cr | ₹3,213 Cr |
Cash flows
FY2025: ₹12.0 Cr from operations, -₹13.0 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | -₹6 Cr | -₹1 Cr |
| FY2022 | ₹16 Cr | ₹15 Cr |
| FY2023 | -₹52 Cr | -₹54 Cr |
| FY2024 | ₹125 Cr | -₹150 Cr |
| FY2025 | ₹12 Cr | -₹13 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹1,896 Cr+4.3%1Y
- Net profit
- ₹3,213 Cr
- Cash from operations
- ₹12 Cr
- Free cash flow
- -₹13 Cr
- Revenue CAGR, 5Y
- 74.9%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹1,896 Cr | ₹34 Cr | — | ₹3,213 Cr | ₹12 Cr | -₹13 Cr | 68.8% | +4.3% | -1836.8% |
Monthly returns
Month-by-month returns of NETWORK18 across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹8,318 Cr |
| Equity capital | ₹771 Cr |
| Reserves | ₹3,901 Cr |
| Borrowings | ₹2,958 Cr |
| Other liabilities | ₹687 Cr |
| Assets | ₹8,318 Cr |
| Fixed assets | ₹1,721 Cr |
| Capital work in progress | ₹0 Cr |
| Investments | ₹5,557 Cr |
| Other assets | ₹1,040 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
NETWORK18 has no positive P/E; the peer median is 33.2x.
Not shown (no positive earnings and no EV / Sales): Network 18 Media & Investments Limited, PVR INOX LIMITED.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Network 18 Media & Investments LimitedNETWORK18this company | ₹6,264 Cr | — | 1.2x | -12.8% | 237.8x |
| PVR INOX LIMITEDPVRINOX | ₹10,228 Cr | — | 1.4x | -0.5% | 9.3x |
| Latent View Analytics LimitedLATENTVIEW | ₹9,086 Cr | 107.0x | 7.2x | 10.3% | 54.5x |
| Zee Entertainment Enterprises Ltd.ZEEL | ₹8,562 Cr | 16.0x | 0.8x | 3.0% | 9.1x |
| Saregama India Ltd.SAREGAMA | ₹6,790 Cr | 33.2x | 4.1x | 13.9% | 21.0x |
| TIPS MUSIC LIMITEDTIPSMUSIC | ₹6,496 Cr | 37.4x | 25.3x | 70.6% | 37.5x |
| Saatvik Green Energy LimitedSAATVIKGL | ₹5,098 Cr | 35.5x | 5.3x | 83.3% | 32.6x |
| D.B.Corp LimitedDBCORP | ₹4,360 Cr | 12.7x | 1.9x | 19.1% | 6.0x |
| Navneet Education LimitedNAVNETEDUL | ₹3,195 Cr | 16.4x | 1.5x | 13.8% | 10.8x |
| Peer median | — | 33.2x | 2.0x | 13.9% | 10.8x |
Year-to-date ROI
NETWORK18 since 1 January, against earlier years.
Historical volatility
NETWORK18's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | -27.0% |
| FY2022 | 3.0% |
| FY2023 | -29.0% |
| FY2024 | 1.0% |
| FY2025 | 2.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹1,896 Cr |
| Costs | |
| Interest | ₹213 Cr |
| Expenses | ₹1,862 Cr |
| Operating profitOperating Profit | ₹34 Cr |
| Other income and charges | |
| Profit before tax | ₹3,213 Cr |
| Tax | |
| Net profitNet Profit | ₹3,213 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹8,318 Cr |
| Equity capitalEquity Capital | ₹771 Cr |
| Reserves | ₹3,901 Cr |
| Borrowings | ₹2,958 Cr |
| Other liabilitiesOther Liabilities | ₹687 Cr |
| AssetsTotal Assets | ₹8,318 Cr |
| Fixed assetsFixed Assets | ₹1,721 Cr |
| Capital work in progressCWIP | ₹0 Cr |
| Investments | ₹5,557 Cr |
| Other assetsOther Assets | ₹1,040 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹12 Cr |
| Investing cash flowCash from Investing Activity | -₹25 Cr |
| Financing cash flowCash from Financing Activity | -₹1 Cr |
| Change in cashNet Cash Flow | -₹14 Cr |
Learn while you research
Academy chapters picked for Network 18 Media & Investments Limited and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Leverage RatiosDebt/Equity of 1.88 is elevated, understand what that means for solvency.6 min read
- 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 05 Sectors & IndustriesHow to classify and compare companies across sectors.6 min read
- 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read