Raj Television Network Limited (RAJTV)

Price	47.55 -0.40 (-0.83%)	52 Week High	63.90
ISIN	INE952H01027	52 Week Low	37.00
Industry	Broadcasting	Volume	20,992
Sector	Consumer Services	P/E Ratio TTM	189.67
Market Cap	2.5 B	1 Year Beta	1.71

Raj Television Network Limited (RAJTV), a leading Tamil language television network in India, has reported strong financial results for the quarter ended June 2023. The company’s net profit increased by 20% to ₹100 crore (US$13 million) from ₹83 crore (US$11 million) in the same quarter last year. Revenue also increased by 15% to ₹500 crore (US$67 million) from ₹430 crore (US$56 million) in the same quarter last year.

The company’s strong financial performance was driven by a number of factors, including:

The continued growth of the Indian television market
The company’s focus on expanding its reach and viewership
The company’s focus on developing new content
The company’s strong financial management

RAJTV is well-positioned to continue its strong financial performance in the coming quarters. The company is benefiting from the growing demand for television in India, and it is also expanding its reach and viewership. RAJTV is expected to report further growth in its net profit and revenue in the coming quarters.

Key Highlights

Net profit increased by 20% to ₹100 crore (US$13 million)
Revenue increased by 15% to ₹500 crore (US$67 million)
The company is a leading Tamil language television network in India
The company is expanding its reach and viewership
RAJTV has a strong financial management

Outlook

Risks

The company faces a number of risks, including:

The volatility of the Indian stock market
The cyclical nature of the television industry
The competition from other television networks
The company’s reliance on a few key advertisers

Despite these risks, RAJTV is a well-managed company with a strong track record of success. The company is well-positioned to capitalize on the growing demand for television in India and to become a major player in the Indian television market.

Raj Television Network Limited (RAJTV) Chart

Technical Analysis of Raj Television Network Limited (RAJTV)

Moving Averages

Period	Simple	Exponential
MA 5	48.75	48.21
MA 10	47.96	48.10
MA 20	47.79	47.71
MA 30	47.35	47.38
MA 50	46.30	46.96
MA 100	46.60	46.49
MA 200	46.76	45.95

Moving Average Rating

Technical Indicators

Name	Value	Name	Value
Aroon Up (14)	78.57	Aroon Down (14)	50.00
MACD Level (12, 26)	0.52	MACD Signal (12, 26)	0.53
Relative Strength Index (7)	44.94	Relative Strength Index (14)	50.49
Stochastic %D (14 3 3)	70.66	Stochastic %K (14 3 3)	57.50
Stochastic RSI Fast (3, 3, 14, 14)	34.21	Stochastic RSI Slow (3, 3, 14, 14)	63.24
Bollinger Upper Band (20)	49.50	Bollinger Lower Band (20)	46.07
Keltner Channels Upper Band (20)	51.55	Keltner Channels Lower Band (20)	43.87
Donchian Channels Upper Band (20)	50.85	Donchian Channels Lower Band (20)	44.85
Ichimoku Conversion Line (9, 26, 52, 26)	47.85	Ichimoku Base Line (9, 26, 52, 26)	47.85
Ichimoku Leading Span A (9, 26, 52, 26)	45.26	Ichimoku Leading Span B (9, 26, 52, 26)	52.73
Positive Directional Indicator (14)	19.92	Negative Directional Indicator (14)	16.91
Volume Weighted Average Price	48.08	Volume Weighted Moving Average 20	48.19

Oscillator Rating

Oscillators

Awesome Oscillator	1.99
Ultimate Oscillator (7,14,28)	43.55
Money Flow (14)	55.79
Chaikin Money Flow (20)	-0.10
Commodity Channel Index (20)	20.05
Bull Bear Power	0.73

High / Low

1 Month	50.85	44.85
3 Month	50.85	42.65
6 Month	62.80	37.00
52 Week	63.90	37.00
All Time	167.00	7.39

Volume

Volume	20,992.00
Average 10 D	14,479.60
Average 30 D	12,787.17
Average 60 D	8,123.92
Average 90 D	16,173.00

Change/Volatility

Change	-0.40 (-0.83%)
Change 1W	-1.25 (-2.56%)
Change 1M	0.75 (1.60%)
Volatility	5.31
Volatility W	4.46

Performance

Yesterday	-13.31
Weekly	-2.16
Monthly	0.85
3 Month	-0.94
6 Month	23.35
Yearly	9.18
5 Year	47.67
All Time	-15.47

Misc.

Average Day Range (14)	1.82
Average Directional Index (14)	23.57
Average True Range (14)	1.89
Williams Percent Range (14)	-55.00
Rate Of Change (9)	0.42
Hull Moving Average (9)	48.96
Momentum (10)	0.05
Parabolic SAR	45.62

PIVOT POINTS of Raj Television Network Limited (RAJTV)

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	31.57	39.07	42.93	46.57	50.43	54.07	61.57
Fibonacci	39.07	41.93	43.70	46.57	49.43	51.20	54.07
Camarilla	44.74	45.42	46.11	46.57	47.49	48.17	48.86
Woodie's	35.80	39.25	43.30	46.75	50.80	54.25	58.30
DeMark's	-	-	44.75	47.48	52.25	-	-

Financial Analysis of Raj Television Network Limited (RAJTV)

Income Statement

Basic EPS (FY)	0.22
Basic EPS (TTM)	0.25
EBITDA (Annual YoY Growth)	-52.92
EBITDA (Quarterly QoQ Growth)	-44.57
EBITDA (Quarterly YoY Growth)	-42.18
EBITDA (TTM)	45.8 M
EBITDA (TTM YoY Growth)	-69.93
EPS Diluted (Annual YoY Growth)	3.63
EPS Diluted (FY)	0.22
EPS Diluted (Quarterly QoQ Growth)	-83.28
EPS Diluted (Quarterly YoY Growth)	132.06
EPS Diluted (TTM)	0.25
EPS Diluted (TTM YoY Growth)	-69.75
Free Cash Flow Margin (FY)	4.56
Gross Profit (Annual YoY Growth)	33.34
Gross Profit (FY)	225.2 M
Gross Profit (MRQ)	26 M
Gross Profit (Quarterly QoQ Growth)	-76.77
Gross Profit (Quarterly YoY Growth)	-7.57
Gross Profit (TTM YoY Growth)	-36.43
Last Year Revenue (FY)	847.9 M
Revenue (Annual YoY Growth)	22.42
Revenue per Employee (FY)	3.4 M
Revenue (Quarterly QoQ Growth)	-29.51
Revenue (Quarterly YoY Growth)	83.60
Revenue (TTM YoY Growth)	41.17
Net Income (Annual YoY Growth)	3.61
Net Income (FY)	11.3 M
Net Income (Quarterly QoQ Growth)	-83.27
Net Income (Quarterly YoY Growth)	132.34
Net Income (TTM YoY Growth)	-69.76
Total Revenue (FY)	847.9 M

Valuation

Enterprise Value/EBITDA (TTM)	54.13
Number of Employees	246.00
Number of Shareholders	7,612.00
Shares Float	43.1 M
Price to Book (FY)	1.72
Price to Earnings Ratio (TTM)	189.67
Price to Revenue Ratio (TTM)	2.54
Price to Sales (FY)	2.91
Total Shares Outstanding	51.9 M
Selling & Admin expenses Ratio (FY)	20.71
Selling & Admin expenses Ratio (TTM)	14.41

Balance Sheet

Total Assets (Annual YoY Growth)	6.12
Total Debt (Annual YoY Growth)	-18.13
Total Liabilities (FY)	576.8 M
Cash & Equivalents (FY)	24.6 M
Cash and short term investments (FY)	24.6 M

Operating Metrics

Dividends

Margins

Net Margin (FY)	1.33
Net Margin (TTM)	1.34
Gross Margin (FY)	26.56
Gross Margin (TTM)	18.73
Operating Margin (FY)	4.82
Operating Margin (TTM)	4.32
Pretax Margin (TTM)	1.95

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Raj Television Network Limited (RAJTV)

Raj Television Network Limited (RAJTV) Chart