Stox
40
Network18 Media & Investments Limited
NSE: NETWORK18 · Media Entertainment & Publication
₹26.83-1.18%06 Nov 2026
Check figures: unusual quarterly results in DEC '24 (₹-1,435.45 cr vs a typical ₹41.85 cr). This may be a filing error (e.g. lakh filed as crore) or a genuine one-off; figures are shown as filed. Trailing-twelve-month figures include it.
Ask the data
Instant answers about Network18 Media & Investments Limited — computed from its filings, no language modelMarket cap₹4,106 cr
Current price₹26.83
High / Low₹49 / ₹23
P/E—
P/B0.83
Book value₹32.4
ROE-0.5%
ROCE-0.7%
Debt / equity0.62
Dividend yield—
EPS (TTM)₹-0.15
Face value₹5
Price & valuation
split & bonus adjusted · pick a metric and rangeAnnual performance
annual · ₹ crore · line = operating margin| FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | 5,116 | 5,357 | 4,705 | 5,880 | 6,223 | 9,297 | 6,888 | 2,121 |
| EBITDA | 212 | 617 | 796 | 1,079 | 137 | -664 | -330 | 44 |
| Operating margin | 4.1% | 11.5% | 16.9% | 18.4% | 2.2% | -7.1% | -4.8% | 2.1% |
| Interest | 198 | 236 | 157 | 97 | 209 | 322 | 477 | 205 |
| Depreciation | 142 | 175 | 147 | 120 | 128 | 210 | 223 | 133 |
| Profit before tax | -176 | 191 | 536 | 913 | -101 | -500 | -1,996 | -148 |
| Tax | -53 | 87 | -35 | 102 | -0 | 8 | 6 | 0 |
| Net profit | -303 | -237 | 32 | 208 | -84 | -254 | -1,687 | 152 |
| EPS ₹ | -2.93 | -2.29 | 0.31 | 2.00 | -0.81 | -2.45 | -11.02 | 0.99 |
| Operating cash flow | — | — | — | 641 | -2,804 | -6,465 | -1,912 | -28 |
| Capex | — | — | — | 184 | 732 | 2,404 | 898 | 51 |
| Dividend paid | — | — | — | 0 | 0 | 0 | 0 | 0 |
| Total assets | — | — | — | — | 13,984 | 40,134 | 8,498 | 8,996 |
| Equity | — | — | — | — | 675 | 6,654 | 4,743 | 4,918 |
Quarterly performance
last 31 quarters · ₹ crore| SEP '18 | DEC '18 | MAR '19 | SEP '19 | DEC '19 | MAR '20 | JUN '20 | SEP '20 | DEC '20 | MAR '21 | JUN '21 | SEP '21 | DEC '21 | MAR '22 | SEP '22 | DEC '22 | MAR '23 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 1,237 | 1,524 | 1,231 | 1,174 | 1,474 | 1,465 | 807 | 1,061 | 1,422 | 1,415 | 1,214 | 1,387 | 1,657 | 1,621 | 1,549 | 1,850 | 1,484 | 3,239 | 1,866 | 1,774 | 2,419 | 3,141 | 1,825 | 1,360 | 561 | 468 | 498 | 539 | 616 | 516 | 545 |
| Operating profit | 92 | 88 | 11 | 77 | 268 | 225 | 27 | 166 | 325 | 278 | 188 | 252 | 373 | 266 | 32 | 2 | 57 | -84 | -218 | -172 | -190 | -148 | -179 | -22 | 19 | 4 | -0 | 10 | 30 | 8 | 19 |
| Operating margin | 7.4% | 5.8% | 0.9% | 6.6% | 18.2% | 15.4% | 3.4% | 15.6% | 22.8% | 19.7% | 15.5% | 18.2% | 22.5% | 16.4% | 2.1% | 0.1% | 3.9% | -2.6% | -11.7% | -9.7% | -7.8% | -4.7% | -9.8% | -1.6% | 3.4% | 0.9% | -0.1% | 1.8% | 4.9% | 1.5% | 3.4% |
| Other income | -37 | 14 | 5 | 18 | 17 | -1 | 9 | 12 | 4 | 19 | 16 | 5 | 17 | 11 | 3 | 50 | 23 | 193 | 187 | 157 | 161 | 151 | 234 | 82 | 3 | 10 | 3 | 14 | 0 | 4 | 15 |
| Interest | 47 | 56 | 54 | 62 | 57 | 54 | 53 | 44 | 33 | 27 | 24 | 23 | 23 | 26 | 46 | 56 | 79 | 68 | 66 | 74 | 114 | 150 | 170 | 102 | 55 | 52 | 48 | 50 | 54 | 57 | 57 |
| Depreciation | 36 | 35 | 37 | 47 | 42 | 40 | 39 | 38 | 37 | 33 | 31 | 31 | 30 | 28 | 30 | 34 | 36 | 41 | 57 | 43 | 69 | 70 | 69 | 52 | 33 | 34 | 34 | 33 | 32 | 31 | 31 |
| Profit before tax | -27 | 11 | -75 | -13 | 186 | 130 | -56 | 96 | 258 | 237 | 150 | 203 | 337 | 223 | -40 | -38 | -35 | -1 | -155 | -132 | -212 | -217 | -184 | -1,519 | -76 | 79 | -79 | -81 | -67 | -76 | -54 |
| Tax | 24 | -73 | -16 | 10 | 37 | 35 | 3 | 21 | -81 | 22 | 23 | 3 | 47 | 29 | 1 | -13 | 12 | -2 | -7 | 6 | 10 | 3 | 4 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | -100 | -1 | -91 | -59 | 5 | -42 | -62 | -9 | 65 | 39 | 10 | 39 | 97 | 62 | -36 | -8 | -37 | -39 | -61 | -58 | -96 | -102 | -96 | -1,435 | -30 | 148 | 41 | -6 | -31 | -39 | 52 |
| EPS ₹ | -0.96 | -0.01 | -0.88 | -0.57 | 0.05 | -0.40 | -0.60 | -0.09 | 0.63 | 0.38 | 0.09 | 0.38 | 0.94 | 0.60 | -0.35 | -0.07 | -0.36 | -0.37 | -0.59 | -0.56 | -0.93 | -0.99 | -0.63 | -9.38 | -0.20 | 0.97 | 0.27 | -0.04 | -0.20 | -0.25 | 0.34 |
| Revenue YoY | — | — | — | -5.1% | -3.3% | 19.0% | — | -9.6% | -3.5% | -3.4% | 50.5% | 30.8% | 16.5% | 14.6% | 11.7% | 11.6% | -8.5% | — | 20.4% | -4.1% | 63.1% | -3.0% | -2.2% | -23.3% | -76.8% | -85.1% | -72.7% | -60.4% | 9.7% | 10.3% | 9.4% |
| Profit YoY | — | — | — | — | — | — | — | — | 1080.7% | — | — | — | 49.8% | 58.1% | -193.5% | -107.9% | -159.5% | — | — | — | — | — | — | — | — | — | — | — | — | -126.2% | 27.3% |
Earlier results (standalone, Sep '07 – Jun '18)
₹ crore · from BSE, before the NSE XBRL filings beginNetwork18 Media & Investments Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.
Full years
| FY12† | FY13† | FY14† | FY15† | FY16† | FY17† | FY18† | |
|---|---|---|---|---|---|---|---|
| Revenue | 79 | 203 | 102 | 74 | 67 | 67 | 70 |
| Operating profit | -64 | -56 | -70 | -18 | -41 | -55 | -71 |
| Operating margin | -80.4% | -27.6% | -68.5% | -24.5% | -61.4% | -82.2% | -101.6% |
| Other income | 81 | 75 | 51 | 12 | 9 | 25 | 92 |
| Interest | 127 | 107 | 54 | 58 | 53 | 70 | 78 |
| Depreciation | 4 | 11 | 8 | 4 | 6 | 9 | 8 |
| Profit before tax | -113 | -30 | -75 | -688 | -91 | -109 | -64 |
| Tax | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | -114 | -30 | -75 | -688 | -91 | -109 | -64 |
Quarters
| SEP '07† | DEC '07† | MAR '08† | JUN '08† | SEP '08† | DEC '08† | JUN '09† | SEP '09† | DEC '09† | JUN '10† | SEP '10† | DEC '10† | JUN '11† | SEP '11† | DEC '11† | MAR '12† | JUN '12† | SEP '12† | DEC '12† | MAR '13† | JUN '13† | SEP '13† | DEC '13† | MAR '14† | JUN '14† | SEP '14† | DEC '14† | MAR '15† | JUN '15† | SEP '15† | DEC '15† | MAR '16† | JUN '16† | SEP '16† | DEC '16† | MAR '17† | JUN '17† | SEP '17† | DEC '17† | MAR '18† | JUN '18† | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4 | 44 | 62 | 23 | 51 | 13 | 6 | 10 | 10 | 6 | 8 | 11 | 15 | 16 | 26 | 22 | 41 | 45 | 51 | 66 | 29 | 29 | 25 | 19 | 18 | 17 | 22 | 18 | 15 | 17 | 18 | 17 | 16 | 16 | 17 | 18 | 15 | 16 | 18 | 21 | 16 |
| Operating profit | -3 | 33 | 49 | 19 | 26 | -2 | -3 | 1 | -3 | -3 | -5 | -3 | -13 | -13 | -8 | -30 | -16 | -19 | -15 | -6 | -25 | -18 | -15 | -12 | -9 | -5 | -1 | -4 | -9 | -11 | -7 | -14 | -14 | -19 | -14 | -9 | -18 | -23 | -16 | -15 | -20 |
| Operating margin | -97.5% | 76.2% | 79.2% | 82.1% | 51.0% | -16.1% | -54.7% | 6.0% | -33.5% | -53.8% | -62.1% | -27.4% | -86.7% | -78.6% | -30.8% | -135.7% | -39.1% | -43.0% | -29.3% | -8.6% | -85.4% | -62.1% | -58.7% | -65.6% | -48.6% | -27.8% | -6.4% | -19.5% | -60.1% | -63.2% | -41.3% | -82.1% | -91.1% | -114.4% | -78.8% | -48.5% | -118.5% | -137.1% | -90.1% | -71.6% | -122.0% |
| Other income | 0 | 0 | 0 | — | — | — | — | 0 | 8 | 6 | 8 | 5 | 13 | 17 | 26 | 25 | 11 | 37 | 15 | 12 | 16 | 12 | 13 | 10 | 6 | 2 | 2 | 2 | 1 | 5 | 1 | 3 | 15 | 3 | -15 | 21 | 9 | -2 | 70 | 15 | -31 |
| Interest | 3 | 3 | 17 | 14 | 13 | 11 | 10 | 11 | 10 | 22 | 22 | 19 | 29 | 31 | 33 | 33 | 43 | 38 | 16 | 10 | 13 | 11 | 13 | 17 | 15 | 15 | 15 | 13 | 13 | 13 | 13 | 13 | 14 | 19 | 19 | 18 | 19 | 19 | 19 | 21 | 24 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 1 | 1 | 1 | 2 | 2 | 3 | 4 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | -9 | 30 | 32 | 5 | 13 | -14 | -13 | -11 | -5 | -19 | -19 | -17 | -31 | -27 | -16 | -39 | -50 | -39 | 15 | 44 | -7 | -33 | -16 | -20 | -638 | -19 | -15 | -16 | -23 | -20 | -22 | -26 | -15 | -36 | -50 | -8 | -29 | -46 | 33 | -22 | -76 |
| Tax | 3 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net profit | -12 | 30 | 32 | 5 | 13 | -15 | -13 | -11 | -5 | -19 | -19 | -17 | -32 | -28 | -16 | -39 | -50 | -39 | 15 | 44 | -7 | -33 | -16 | -20 | -638 | -19 | -15 | -16 | -23 | -20 | -22 | -26 | -15 | -36 | -50 | -8 | -29 | -46 | 33 | -22 | -76 |
| EPS ₹ | -2.40 | 11.78 | 6.22 | 0.87 | 2.37 | -2.40 | -1.73 | -1.10 | -0.46 | -1.62 | -1.64 | -1.44 | -2.63 | -1.98 | -1.10 | -2.70 | -3.39 | -2.64 | 0.16 | 0.42 | -0.07 | -0.31 | -0.15 | -0.19 | -6.10 | -0.18 | -0.15 | -0.15 | -0.22 | -0.19 | -0.21 | -0.25 | -0.14 | -0.35 | -0.48 | -0.06 | -0.28 | -0.44 | 0.32 | -0.21 | -0.73 |
| Revenue YoY | — | — | — | — | 1325.4% | -71.4% | -75.4% | -79.6% | -17.9% | 2.3% | -22.2% | 5.9% | 157.2% | 102.0% | 136.7% | — | 171.1% | 177.3% | 97.0% | 200.9% | -29.8% | -34.9% | -50.5% | -71.5% | -38.1% | -42.5% | -14.0% | -4.1% | -13.4% | 2.7% | -17.5% | -7.2% | 1.7% | -6.3% | -4.1% | 6.6% | -4.5% | 1.8% | 4.6% | 17.6% | 8.2% |
| Profit YoY | — | — | — | — | — | -148.8% | -385.8% | -181.7% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -208.0% | -144.8% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
Returns & margins
trailing-twelve-month, per quarter| JUN '20 | SEP '20 | DEC '20 | MAR '21 | JUN '21 | SEP '21 | DEC '21 | MAR '22 | JUN '23 | SEP '23 | DEC '23 | MAR '24 | JUN '24 | SEP '24 | DEC '24 | MAR '25 | JUN '25 | SEP '25 | DEC '25 | MAR '26 | JUN '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | — | — | — | — | — | — | — | — | -17.7% | -1.1% | -1.5% | -3.8% | -4.8% | -2.4% | -11.8% | -35.1% | -29.8% | -25.9% | 3.1% | 3.1% | -0.7% | -0.5% |
| ROCE | — | — | — | — | — | — | — | — | 2.1% | 0.3% | -0.2% | -1.3% | -2.2% | -1.0% | -6.9% | -20.2% | -17.5% | -16.8% | 0.6% | 0.7% | -1.2% | -0.7% |
| Net margin | -3.2% | -2.2% | -1.0% | 0.7% | 2.0% | 2.8% | 3.3% | 3.5% | -1.5% | -1.7% | -2.3% | -2.7% | -3.5% | -3.8% | -19.8% | -24.2% | -33.5% | -44.2% | 7.4% | 7.2% | -1.6% | -1.1% |
| EBITDA margin | 12.2% | 14.3% | 15.6% | 16.9% | 18.7% | 19.2% | 19.2% | 18.4% | 0.1% | -2.9% | -5.0% | -7.1% | -7.9% | -7.5% | -6.2% | -4.8% | -4.2% | 0.0% | 1.6% | 2.1% | 2.2% | 3.0% |
| Debt / equity | — | — | — | — | — | — | — | — | 8.61 | 0.27 | 0.27 | 1.10 | 1.10 | 0.58 | 0.58 | 0.59 | 0.59 | 0.62 | 0.62 | 0.63 | 0.63 | 0.62 |
| Interest coverage | 2.10 | 2.72 | 3.33 | 4.41 | 6.79 | 8.88 | 10.47 | 10.45 | 0.54 | 0.15 | -0.12 | -0.55 | -0.77 | -0.47 | -2.98 | -3.19 | -3.49 | -5.21 | 0.24 | 0.28 | -0.45 | -0.28 |
| Asset turnover | — | — | — | — | — | — | — | — | 0.58 | 0.23 | 0.23 | 0.23 | 0.23 | 0.22 | 0.21 | 0.81 | 0.50 | 0.32 | 0.23 | 0.24 | 0.24 | 0.25 |
Balance sheet
equity vs borrowings over time · ₹ crore| SEP '22 | MAR '23 | SEP '23 | MAR '24 | SEP '24 | MAR '25 | SEP '25 | MAR '26 | SEP '26 | |
|---|---|---|---|---|---|---|---|---|---|
| Share capital | 518 | 518 | 518 | 518 | 765 | 765 | 765 | 765 | 765 |
| Other equity / reserves | 203 | 157 | 12,237 | 6,136 | 13,943 | 3,977 | 4,166 | 4,153 | 4,196 |
| Total equity | 721 | 675 | 12,755 | 6,654 | 14,708 | 4,743 | 4,931 | 4,918 | 4,961 |
| Borrowings | 2,989 | 5,815 | 3,444 | 7,317 | 8,469 | 2,787 | 3,033 | 3,113 | 3,088 |
| Current liabilities | 5,610 | 8,985 | 7,082 | 10,717 | 12,009 | 3,450 | 3,644 | 3,737 | 3,668 |
| Non-current liabilities | 280 | 404 | 400 | 1,023 | 976 | 240 | 254 | 272 | 255 |
| Total assets | 10,513 | 13,984 | 36,190 | 40,134 | 40,827 | 8,498 | 8,897 | 8,996 | 8,956 |
| Property, plant & equipment | 357 | 503 | 759 | 1,336 | 1,282 | 509 | 501 | 463 | 420 |
| Capital work-in-progress | 12 | 86 | 28 | 104 | 202 | 0 | 1 | 0 | 0 |
| Investments | 888 | 958 | 4,948 | 4,188 | 3,194 | 5,682 | 6,045 | 6,123 | 6,276 |
| Inventories | 3,464 | 5,891 | 7,743 | 10,210 | 11,447 | 9 | 7 | 2 | 2 |
| Receivables | 1,637 | 1,297 | 2,260 | 1,760 | 2,232 | 660 | 698 | 690 | 642 |
| Cash & equivalents | 119 | 228 | 4,756 | 4,831 | 4,916 | 3 | 5 | 39 | 5 |
Cash flow
annual · ₹ crore · line = free cash flow| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Cash from operations | 641 | -2,804 | -6,465 | -1,912 | -28 |
| Cash from investing | -250 | -722 | -5,169 | 1,313 | -20 |
| Cash from financing | -381 | 3,411 | 16,235 | -4,229 | 84 |
| Capex | 184 | 732 | 2,404 | 898 | 51 |
| Free cash flow | 457 | -3,536 | -8,869 | -2,811 | -79 |
| Dividends paid | 0 | 0 | 0 | 0 | 0 |
Where the assets sit
Sep '26 · ₹ croreFixed assets (PPE)₹420 cr5%
Investments₹6,276 cr70%
Inventories₹2 cr0%
Receivables₹642 cr7%
Cash & equivalents₹5 cr0%
Other assets₹1,611 cr18%
Peer comparison
largest in Media Entertainment & Publication · this company in bold| Company | Market cap ₹cr | Price | P/E | P/B | ROE |
|---|---|---|---|---|---|
| Sun TV Network Ltd. | 23,465 | 595.45 | — | 1.74 | 0.0% |
| Prime Focus Ltd. | 22,146 | 285.20 | 191.6 | 10.60 | 5.5% |
| Nazara Technologies Limited | 15,853 | 412.10 | 1204.7 | 4.14 | 0.3% |
| PVR INOX Ltd. | 15,045 | 1,565.60 | 25.0 | 2.04 | 8.1% |
| Saregama India Limited | 11,947 | 619.65 | 49.2 | 6.56 | 13.3% |
| Tips Music Limited | 9,782 | 769.25 | 43.1 | 30.17 | 70.1% |
| Zee Entertainment Enterprises Ltd. | 6,148 | 63.97 | 34.7 | 0.50 | 1.4% |
| Network18 Media & Investments Limited | 4,106 | 26.83 | — | 0.83 | -0.5% |
StoxGud checklist: Neutral setup · 4/10
- Price above 50-day average
- Price above 200-day average
- 50-day average above 200-day (uptrend)
- RSI in healthy 40–70 zone
- Positive 1-year return
- Return on equity above 15%
- Debt to equity below 1
- Revenue growing year on year
- Net profit margin above 10%
- P/E below industry median
A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.
Returns & technicals
1 month+4.4%
6 months-23.2%
1 year-45.2%
3Y CAGR-27.9%
5Y CAGR-22.1%
10Y CAGR-4.0%
50-day avg₹26.21
200-day avg₹31.16
RSI (14)52
FAQs
What is the share price of Network18 Media & Investments Limited?
Network18 Media & Investments Limited (NETWORK18) closed at ₹26.83 on NSE on 06 Nov 2026.
What is the market cap of Network18 Media & Investments Limited?
₹4,106 crore at the latest close.
How fast is Network18 Media & Investments Limited growing?
Network18 Media & Investments Limited: revenue has compounded at -30.1% a year over three years. Latest-quarter revenue is up 9.4% year on year, profit up 27.3%.
How profitable is Network18 Media & Investments Limited?
On a trailing-twelve-month basis return on equity is -0.5%, return on capital employed -0.7%, operating margin 3.0%, net margin -1.1%.
How much debt does Network18 Media & Investments Limited have?
Network18 Media & Investments Limited is moderately geared: debt to equity is 0.62 with borrowings of ₹3,088 cr against cash of ₹5 cr (balance sheet of 2026-09-30). Operating profit covers interest -0.3 times.
Financials parsed from Network18 Media & Investments Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from SEP '18, annual from FY19, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.
Network18 Media & Investments Limited · advanced chart