TV18 Broadcast Limited (TV18BRDCST)

Price45.75 -0.15 (-0.33%)52 Week High51.60
ISININE886H0102752 Week Low27.35
IndustryBroadcastingVolume6.5 M
SectorConsumer ServicesP/E Ratio TTM61.83
Market Cap78.7 B1 Year Beta1.54
Technical Rating of

TV18 Broadcast Limited (TV18BRDCST) logo

TV18 Broadcast Limited (TV18BRDCST), a leading media and entertainment company in India, has reported its financial results for the quarter ended June 30, 2023. The company’s consolidated net sales for the quarter grew by 135.15% year-on-year to Rs. 3,377.67 crore. This was driven by the strong performance of the company’s news channels, such as CNBC-TV18, CNBCAwaaz, and CNN-News18.

The company’s consolidated EBITDA for the quarter grew by 146.72% year-on-year to Rs. 886.70 crore. This was due to the increase in net sales and the company’s focus on cost optimization.

The company’s profit after tax for the quarter stood at Rs. 73.34 crore, a significant improvement from the loss of Rs. 52.73 crore in the same quarter last year. This was due to the increase in EBITDA and the company’s decision to not capitalize certain expenses.

The company’s earnings per share (EPS) for the quarter stood at Rs. 0.75, a significant improvement from the loss of Rs. 0.58 per share in the same quarter last year. This was due to the increase in profit after tax.

The company’s board of directors has recommended a dividend of Rs. 0.50 per share for the quarter.

Commenting on the results, Mr. Adil Zainulbhai, Chairman and Managing Director, TV18 Broadcast Limited, said, “We are pleased to report a strong growth in our financial performance for the quarter ended June 30, 2023. Our revenue growth was driven by the strong performance of our news channels. We are also pleased with the growth in our digital business. We are confident that we will continue to grow our business in the coming quarters.”

Mr. Zainulbhai further added that the company is focused on expanding its digital business and is investing in new technologies to improve its reach and engagement with its audience. The company is also expanding its presence in the regional markets and is launching new channels in Hindi, Tamil, and Telugu.

The company’s shares are currently trading at Rs. 43.30 on the Bombay Stock Exchange (BSE). The company’s market capitalization is Rs. 7,423.18 crore.

Key Highlights

  • Consolidated net sales grew by 135.15% year-on-year to Rs. 3,377.67 crore.
  • This was driven by the strong performance of the company’s news channels, such as CNBC-TV18, CNBCAwaaz, and CNN-News18.
  • Consolidated EBITDA grew by 146.72% year-on-year to Rs. 886.70 crore.
  • This was due to the increase in net sales and the company’s focus on cost optimization.
  • Profit after tax stood at Rs. 73.34 crore, a significant improvement from the loss of Rs. 52.73 crore in the same quarter last year.
  • This was due to the increase in EBITDA and the company’s decision to not capitalize certain expenses.
  • EPS stood at Rs. 0.75, a significant improvement from the loss of Rs. 0.58 per share in the same quarter last year.
  • This was due to the increase in profit after tax.
  • Board of directors recommended a dividend of Rs. 0.50 per share.

Outlook

TV18 Broadcast Limited is a well-established media and entertainment company with a strong track record of growth. The company has a diversified portfolio of businesses, including news channels, digital media, and distribution. The company is well-positioned to continue to grow its business in the coming quarters.

In addition to the above, the company is also investing in new technologies to improve its content delivery and audience engagement. The company is also expanding its international footprint and is launching new channels in the Middle East and Africa.

The company is confident that it will continue to grow its business in the coming quarters and will deliver strong financial performance in the future.

          

TV18 Broadcast Limited (TV18BRDCST) Chart

Technical Analysis of TV18 Broadcast Limited (TV18BRDCST)

Spinning Top Black
Spinning Top Black is formed on TV18 Broadcast Limited (TV18BRDCST) in 1 Day Timeframe. Black spinning tops are candlestick lines that are small, red-bodied, and possess shadows (upper and lower) that end up exceeding the length of candle bodies. They often signal indecision.

Moving Averages

PeriodSimpleExponential
MA 545.9245.94
MA 1046.2046.30
MA 2047.4646.35
MA 3046.6645.77
MA 5043.9944.25
MA 10039.9741.29
MA 20036.7439.39

Moving Average Rating

Technical Indicators

NameValueNameValue
Aroon Up (14)14.29Aroon Down (14)57.14
MACD Level (12, 26)0.36MACD Signal (12, 26)0.88
Relative Strength Index (7)41.83Relative Strength Index (14)48.88
Stochastic %D (14 3 3)33.20Stochastic %K (14 3 3)31.55
Stochastic RSI Fast (3, 3, 14, 14)21.54Stochastic RSI Slow (3, 3, 14, 14)23.35
Bollinger Upper Band (20)50.83Bollinger Lower Band (20)44.10
Keltner Channels Upper Band (20)50.30Keltner Channels Lower Band (20)42.39
Donchian Channels Upper Band (20)51.60Donchian Channels Lower Band (20)43.20
Ichimoku Conversion Line (9, 26, 52, 26)46.45Ichimoku Base Line (9, 26, 52, 26)47.22
Ichimoku Leading Span A (9, 26, 52, 26)41.96Ichimoku Leading Span B (9, 26, 52, 26)41.05
Positive Directional Indicator (14)23.35Negative Directional Indicator (14)20.16
Volume Weighted Average Price45.82Volume Weighted Moving Average 2047.79

Oscillator Rating

Oscillators

Awesome Oscillator0.07
Ultimate Oscillator (7,14,28)42.93
Money Flow (14)52.03
Chaikin Money Flow (20)-0.23
Commodity Channel Index (20)-80.37
Bull Bear Power-1.15

High / Low

1 Month51.6043.20
3 Month51.6037.05
6 Month51.6027.35
52 Week51.6027.35
All Time215.0611.90

Volume

Volume6.5 M
Average 10 D12.1 M
Average 30 D20.3 M
Average 60 D16.3 M
Average 90 D15.4 M

Change/Volatility

Change-0.15 (-0.33%)
Change 1W0.30 (0.66%)
Change 1M-2.30 (-4.79%)
Volatility2.65
Volatility W3.35

Performance

Yesterday23.32
Weekly-0.22
Monthly-4.39
3 Month14.38
6 Month51.24
Yearly13.38
5 Year15.68
All Time-77.26

Misc.

Average Day Range (14)2.03
Average Directional Index (14)28.16
Average True Range (14)1.99
Williams Percent Range (14)-69.64
Rate Of Change (9)-6.15
Hull Moving Average (9)45.99
Momentum (10)-2.80
Parabolic SAR47.85

PIVOT POINTS of TV18 Broadcast Limited (TV18BRDCST)

NameS3S2S1Pivot PointsR1R2R3
Classic22.1834.0841.0745.9852.9757.8869.78
Fibonacci34.0838.6341.4445.9850.5353.3457.88
Camarilla44.7845.8746.9645.9849.1450.2351.32
Woodie's31.6535.3243.5547.2355.4559.1367.35
DeMark's - - 43.5247.2155.43 - -

Financial Analysis of TV18 Broadcast Limited (TV18BRDCST)

Income Statement

Basic EPS (FY)0.68
Basic EPS (TTM)0.74
EBITDA (Annual YoY Growth)-80.29
EBITDA (Quarterly QoQ Growth)-170.50
EBITDA (Quarterly YoY Growth)-194.20
EBITDA (TTM)820 M
EBITDA (TTM YoY Growth)-90.98
EPS Diluted (Annual YoY Growth)-80.12
EPS Diluted (FY)0.68
EPS Diluted (MRQ)10.20
EPS Diluted (Quarterly QoQ Growth)25.96
EPS Diluted (Quarterly YoY Growth)31.74
EPS Diluted (TTM)0.74
EPS Diluted (TTM YoY Growth)-75.53
Free Cash Flow (Annual YoY Growth)-979.63
Free Cash Flow Margin (FY)-59.55
Gross Profit (Annual YoY Growth)-21.53
Gross Profit (FY)16.8 B
Gross Profit (MRQ)5.2 B
Gross Profit (Quarterly QoQ Growth)9.03
Gross Profit (Quarterly YoY Growth)34.53
Gross Profit (TTM YoY Growth)-12.54
Last Year Revenue (FY)59.1 B
Revenue (Annual YoY Growth)6.98
Revenue per Employee (FY)13.9 M
Revenue (Quarterly QoQ Growth)125.91
Revenue (Quarterly YoY Growth)151.06
Revenue (TTM YoY Growth)38.80
Net Income (Annual YoY Growth)-80.12
Net Income (FY)1.2 B
Net Income (Quarterly QoQ Growth)25.97
Net Income (Quarterly YoY Growth)31.70
Net Income (TTM YoY Growth)-75.53
Total Revenue (FY)59.1 B

Valuation

Enterprise Value/EBITDA (TTM)95.92
Number of Employees4,246.00
Number of Shareholders384.3 T
Shares Float678.8 M
Price to Book (FY)1.68
Price to Earnings Ratio (TTM)61.83
Price to Revenue Ratio (TTM)1.00
Price to Sales (FY)1.33
Total Shares Outstanding1.7 B
Selling & Admin expenses Ratio (FY)26.91
Selling & Admin expenses Ratio (TTM)24.54

Balance Sheet

Total Assets (Annual YoY Growth)49.68
Total Debt (Annual YoY Growth)456.02
Total Liabilities (FY)75.8 B
Cash & Equivalents (FY)2.3 B
Cash and short term investments (FY)3.1 B

Operating Metrics

Dividends

Margins

Net Margin (FY)1.97
Net Margin (TTM)1.62
Gross Margin (FY)28.48
Gross Margin (TTM)23.85
Operating Margin (FY)1.41
Operating Margin (TTM)-0.69
Pretax Margin (TTM)1.30

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