Skip to content
Network18 Media & Investments logo

Network18 Media & Investments

Network 18 Media & Investments Ltd

NETWORK18 NSE
₹26.41 No trade today
P/E
Not meaningful: loss-making over the last twelve months
View as Markdown
MCP
Close 4 Nov 2026 ₹26.41 −20.88 −44.2% 1Y
Start ₹47.29

Key Fundamentals

MicrocapEntertainmentMedia Entertainment & Publication

Price-based figures as of · EPS basis: Consolidated · TTM

ROCE
3.01%
Debt to Equity
0.67
EPS (TTM)
−₹0.23
Book Value
₹32.21
Market Cap
—
P/E (TTM)
Not meaningful: loss-making over the last twelve months
P/B
0.82
ROE
0.75%
Dividend Yield
0.00%
EBITDA
₹71.30 Cr
52W High
₹48.93
52W Low
₹22.86
Volume
0

Peer Comparison

Consumer Discretionary › Media › Media & Entertainment

Network18 Media & Investments peer comparison
Prime Focus
₹305.55205.07₹22,818 Cr11.390.00%15.70%11.30%₹4,919 Cr₹145 Cr
Saregama India
₹636.8055.33₹11,005 Cr7.760.80%12.70%17.30%₹1,041 Cr₹221 Cr
Tips Music
₹786.5546.85₹9,988 Cr30.850.83%87.60%118.00%₹394 Cr₹215 Cr
Network18 Media & Investments (this company)
₹26.41—₹4,039 Cr0.820.00%0.75%3.01%₹2,169 Cr−₹32 Cr
Balaji Telefilms
₹87.23—₹1,071 Cr1.700.23%−8.29%−10.10%₹378 Cr−₹22 Cr
Basilic Fly Studio
₹171.609.61₹435 Cr1.300.00%19.10%21.50%₹417 Cr₹45 Cr
Entertainment Network
₹82.82—₹398 Cr0.522.36%−0.98%−1.77%₹562 Cr−₹8 Cr
Median 7 companies₹171.6051.09₹4,039 Cr1.700.23%12.70%11.30%₹562 Cr₹45 Cr

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company.

Tapetide Score

Data-driven rating, 0–100, as of . How it works →

Overall score

28 Poor

Data confidence 93/100

Category scores

Quality
29
Poor
Returns, margins, earnings quality 22% weight
Valuation
35
Poor
Cheap vs sector & own history 24% weight
Growth
4
Poor
Sales & profit trajectory 9% weight
Financial Health
23
Poor
Solvency, leverage, coverage 9% weight
Momentum
19
Poor
Trend strength, vol-adjusted 12% weight
Ownership
34
Poor
FII/DII/promoter flows 24% weight

The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Key Insights

Strengths

1
  • Stock is trading at 0.80 times its book value

Weaknesses

6
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -14.7% over past five years.
  • Company has a low return on equity of -2.20% over last 3 years.
  • Earnings include an other income of Rs.260 Cr.
  • Debtor days have increased from 74.3 to 119 days.
  • Promoter holding has decreased over last 3 years: -18.1%

Technical Indicators

Technical signals: verdict and indicator counts
GroupSignalBearishNeutralBullish
OverallBullish667
OscillatorsBearish261
Moving AveragesStrong Bullish406

Key readings

RSI (14)
57.49
Neutral
MACD (12,26,9)
−0.38
Bullish
SMA (50)
26.34
Bullish
SMA (200)
31.28
Bearish

As of

Growth Rate

From the financial statements below. 10Y, 5Y, 3Y: compound annual growth to Mar 2026; 1Y: fiscal year to Mar 2026 against Mar 2025; TTM: four quarters to Jun 2026 against Jun 2025.

Revenue

Revenue growth by window
10Y+3.34%
5Y−14.73%
3Y−30.15%
1Y−69.21%
TTM−48.53%

Net profit

Net profit growth by window
10Y+4.91%
5Y−22.29%
3YTurned to profit
1YTurned to profit
TTMLoss narrowed by ₹1,400 Cr

Operating cash flow

Operating cash flow growth by window
10YTurned negative
5YTurned negative
3YOutflow narrowed by ₹2,776 Cr
1YOutflow narrowed by ₹1,884 Cr
TTM—

TTM: Reported once a year, so there is no trailing-twelve-month figure.

Operating margin· change in pp

Operating margin growth by window
10Y−1.44 pp
5Y−14.38 pp
3Y−0.17 pp
1Y+6.92 pp
TTM+6.43 pp

Revenue by year

Revenue by year, ₹ crore
Mar 2017₹1,491 Cr
Mar 2018₹1,839 Cr
Mar 2019₹5,116 Cr
Mar 2020₹5,357 Cr
Mar 2021₹4,705 Cr
Mar 2022₹5,880 Cr
Mar 2023₹6,223 Cr
Mar 2024₹9,297 Cr
Mar 2025₹6,888 Cr
Mar 2026₹2,121 Cr

Net profit by year

Net profit by year, ₹ crore
Mar 2017−₹271 Cr
Mar 2018−₹173 Cr
Mar 2019−₹178 Cr
Mar 2020₹56.00 Cr
Mar 2021₹547 Cr
Mar 2022₹838 Cr
Mar 2023−₹16.00 Cr
Mar 2024−₹325 Cr
Mar 2025−₹1,777 Cr
Mar 2026₹155 Cr

AI Analysis — Bull vs Bear

Generated 6 Jul 2026
AI opinion · based on fundamentals
Risk high

Network 18 Media & Investments Ltd trades at a market cap of ₹5,004 Cr with a P/E of 32.6x and P/B of 1.03x. The company has seen a sharp TTM sales decline of -69% but reported a TTM profit growth of 111%, while its stock has declined 42% over the past year.

Bull Case 7
  • Stock trades at 1.03x book value, indicating limited premium over net asset value
  • TTM compounded profit growth of 111% signals a significant earnings turnaround from prior losses
  • Last year ROE turned positive at 1% after three consecutive years of negative returns
  • 3-year compounded profit CAGR of 35% shows improving profitability trajectory despite revenue challenges
  • 10-year compounded sales CAGR of 3% demonstrates the company has a long-term revenue base that has historically grown
  • P/E of 32.6x on newly positive earnings may compress as profits normalize and scale further
  • Stock has corrected 42% in 1 year, which has brought valuations closer to book value levels
Bear Case 8
  • TTM sales declined -69%, reflecting a severe revenue contraction in the core business
  • 5-year compounded sales CAGR of -15% indicates a sustained structural decline in revenue generation
  • 3-year average ROE of -2% demonstrates persistent inability to generate adequate shareholder returns
  • Promoter holding has decreased by 18.1% over the last 3 years, signaling weakening promoter commitment
  • Debtor days have increased from 74.3 to 119 days, indicating deteriorating receivables collection and potential cash flow stress
  • Other income of ₹449 Cr forms a significant portion of earnings, raising questions about core operating profitability
  • Company has low interest coverage ratio, suggesting debt servicing burden relative to operating profits
  • Stock has delivered -20% CAGR over 3 years and -9% CAGR over 5 years, reflecting persistent value erosion

This is AI-generated analysis, not financial advice. Do your own due diligence.

AI News Digest

121d ago

TL;DR: Recent news flow for Network18 is limited to routine regulatory disclosures confirming that promoter-held shares remain unencumbered. There are no material headwinds or positive catalysts in the current news cycle. The lack of operational or financial updates makes it difficult to assess directional momentum. Investors should watch for upcoming quarterly results or strategic announcements for a clearer trend signal.

Neutral 2
  • No encumbrance on promoter shares Jul 2

    Reliance Industrial Investments and Holdings Limited declared no encumbrance on Network18 shares for FY 2025-26 under SEBI Takeover Regulations.

  • Trust confirms unencumbered holding Jun 22

    Independent Media Trust confirmed no encumbrance on Network18 shares in FY 2025-26, filed under SEBI Takeover Regulations.

Quarterly Results

₹ Cr
NETWORK18 quarterly results, ₹ crore
Particulars Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Sales
3,239
1,866
1,774
2,419
3,141
1,825
1,360
561
468
498
539
616
516
545
Expenses
3,323
2,084
1,945
2,609
3,289
2,005
1,382
542
464
498
530
585
509
526
Operating Profit
−84
−218
−172
−190
−148
−179
−22
19
4
0
10
30
8
19
OPM %
−2.6%
−12%
−10%
−8%
−4.7%
−10%
−1.6%
3.4%
0.9%
−0.1%
1.8%
4.9%
1.4%
3.4%
Other Income
221
224
187
176
174
270
−1,225
40
231
124
69
26
42
122
Interest
68
66
74
114
150
170
102
55
52
48
50
54
57
57
Depreciation
41
57
43
69
70
69
52
33
34
34
33
32
31
31
PBT
27
−118
−102
−197
−194
−148
−1,400
−29
149
41
−5
−30
−38
53
Tax %
−6%
1%
0%
−1%
1%
3%
0%
0%
0%
0%
0%
0%
0%
0%
Net Profit
29
−119
−102
−196
−195
−152
−1,400
−29
149
41
−5
−30
−38
53
EPS (₹)
−0.37
−0.79
−0.56
−1.05
−1.2
−0.92
−9.31
−0.2
0.96
0.26
−0.04
−0.2
−0.25
—

Sep 2026: from the results filed on 30 Oct 2026, ahead of the full statement, so some rows are blank.

Profit & Loss

₹ Cr
NETWORK18 profit and loss, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales
3,127
1,527
1,491
1,839
5,116
5,357
4,705
5,880
6,223
9,297
6,888
2,121
2,169
Expenses
3,294
1,474
1,647
1,876
5,049
4,786
3,933
4,799
6,086
9,955
7,224
2,078
2,122
Operating Profit
−167
53
−156
−37
68
571
772
1,081
137
−658
−337
43
47
OPM %
−5%
3.5%
−10%
−2%
1.3%
11%
16%
18%
2.2%
−7%
−4.9%
2%
2.2%
Other Income
−735
98
55
110
42
−17
44
74
183
801
−734
449
260
Interest
113
67
80
96
198
236
157
97
209
322
477
205
209
Depreciation
75
58
80
89
142
175
147
120
128
210
223
133
129
PBT
−1,090
26
−261
−111
−231
143
512
939
−16
−389
−1,771
155
−32
Tax %
4%
63%
4%
56%
−23%
61%
−7%
11%
−1%
−17%
0%
0%
—
Net Profit
−1,117
96
−271
−173
−178
56
547
838
−16
−325
−1,777
155
−32
EPS (₹)
−10.12
0.92
−2.23
−1.47
−2.89
−2.26
0.31
1.98
−0.8
−1.97
−10.94
0.99
−0.23
Div. Payout %
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
0%
—

Balance Sheet

₹ Cr
NETWORK18 balance sheet, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital
523
518
518
518
518
518
518
518
518
518
765
765
Reserves
1,097
1,359
765
616
293
−1
29
237
157
14,710
3,977
4,153
Borrowings
1,001
782
1,307
2,203
3,045
3,265
2,554
2,284
6,069
8,156
2,960
3,288
Other Liabilities
3,080
2,929
2,457
4,172
4,594
4,834
5,156
6,101
7,236
16,498
795
790
Total Liabilities
5,701
5,588
5,046
7,509
8,450
8,616
8,257
9,140
13,980
39,881
8,498
8,996
Fixed Assets
2,627
1,680
1,766
2,907
2,868
2,973
2,929
2,876
3,055
3,681
1,788
1,753
CWIP
19
16
5
25
47
87
126
259
916
11,627
0
2
Investments
739
2,681
2,182
669
923
796
771
869
958
4,188
5,682
6,123
Other Assets
2,316
1,210
1,094
3,908
4,612
4,760
4,430
5,137
9,051
20,385
1,027
1,118
Total Assets
5,701
5,588
5,046
7,509
8,450
8,616
8,257
9,140
13,980
39,881
8,498
8,996

Cash Flow

₹ Cr
NETWORK18 cash flow, annual, ₹ crore
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Operating
−99
87
−178
90
−204
78
1,346
641
−2,804
−6,465
−1,912
−28
Investing
135
−140
−362
−57
−445
−86
−85
−249
−718
9,929
−3,636
−19
Financing
−81
−6
518
131
645
−62
−1,049
−381
3,411
1,139
720
83
Net Cash Flow
−45
−59
−22
164
−3
−71
212
12
−111
4,603
−4,828
36
Free Cash Flow
−124
−11
−337
28
−331
−68
1,263
457
−3,536
−8,869
−2,809
−77
CFO/OP
6
382
97
−460
−94
18
161
52
−2,143
987
540
−1

Ratios

NETWORK18 financial ratios, annual
Particulars Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days
72
85
78
255
93
105
99
72
76
69
35
119
Cash Conversion Cycle
72
85
78
255
93
105
99
72
76
69
35
119
Working Capital Days
−78
−263
−383
−216
−99
−88
−62
1
−32
173
−141
−503
ROCE %
−4%
2%
−4%
0%
−1%
7%
10%
16%
2%
0%
1%
3%

Insights

Beta

AI-extracted from concalls & annual reports · figures as reported, with sources

Log in to view Network18 Media & Investments insights

62 extracted metrics across FY10–FY27.

Shareholding Pattern

As of Sep 2026

  • Promoters 56.89%
  • Public 26.53%
  • Others 13.70%
  • FIIs 2.76%
  • DIIs 0.12%

No promoter shares pledged as of Sep 2026

Change vs previous quarter

Not shown for some quarters: Others. Not available separately for this quarter: the shareholding filing gives Public and Others as one figure, shown under Public, so Others is left blank rather than estimated.

Documents

  • Q1 FY26 concall · Jul 2025
    PPT
  • Concall · Feb 2020
    PPT

Frequently Asked Questions about Network18 Media & Investments

What does Network 18 Media & Investments Ltd do?
Network 18 Media & Investments is engaged in activities spanning across Digital Content, Print and Allied Businesses.
Where is Network 18 Media & Investments Ltd (NETWORK18) listed?
Network 18 Media & Investments Ltd trades as NETWORK18 on the NSE and under code 532798 on the BSE.
Which sector does Network 18 Media & Investments Ltd belong to?
Network 18 Media & Investments Ltd is classified under the Media sector, in the Media & Entertainment industry.
What is the 52-week high and low of Network 18 Media & Investments Ltd?
Over the last 52 weeks Network 18 Media & Investments Ltd has traded between ₹22.86 and ₹48.93 as of 4 Nov 2026.
What is the Return on Equity (ROE) of Network 18 Media & Investments Ltd?
Network 18 Media & Investments Ltd reported a return on equity of 0.75%. Its debt-to-equity ratio is 0.67.

Company Information

Network 18 Media & Investments is engaged in activities spanning across Digital Content, Print and Allied Businesses.

Website network18online.com
CEO Mr. Rahul Joshi
Employees 4,886
Listed 2 Feb 2007
Face Value ₹5

For AI agents and developers

Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/NETWORK18.md for Network 18 Media & Investments Ltd: dated key facts, then this page's sections in order: latest price, key fundamentals, peer comparison, the Tapetide Score, technical indicators, analyst ratings, growth rates, analyst forecasts, the AI analysis and news digest (labelled as AI-generated), financial statements, shareholding pattern, documents and the FAQ.

Append .md to any Tapetide URL for the same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For live, structured queries instead of documents, use our Indian stock market MCP server.

Explore More

More Entertainment stocks → FII DII DataStock ScreenerNifty 50 HeatmapF&O Ban ListFII and DII flows, month by monthHow Tapetide Scores changed, month by monthStocks mutual funds are buying, month by month