TV Today Network Ltd. (TVTODAY) AI Stock Analysis

• Market Cap: ₹7.18B
• Dividend Yield: 2.22%
• Average Volume (3M): 3.88K
• Price to Earnings (P/E): 35.5
• Beta (1Y): 1.09
• Revenue Growth: -15.80%
• EPS Growth: -79.80%
• Country: IN
• Employees: 2,552
• Sector: Services
• Sector Strength: N/A
• Industry: Broadcasting
• EPS (TTM): -0.33
• Shares Outstanding: 59,668,617
• 10 Day Avg. Volume: 1,292
• 30 Day Avg. Volume: 3,880
• PEG Ratio: 0.39
• Price to Book (P/B): 1.06
• Price to Sales (P/S): 0.95
• P/FCF Ratio: 8.96
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 65 Neutral
• Price Target: ₹130.00 ▼(-8.45% Downside)

The overall stock score of 65 reflects strong financial performance and stability, which are offset by a lack of strong technical momentum and a relatively high valuation. The absence of earnings call insights and corporate events means these factors did not influence the score.

Positive Factors

Balance Sheet Strength

A very high equity ratio and almost negligible leverage provide durable financial flexibility. This lowers refinancing and solvency risk, enables funding of strategic initiatives or weathering ad-cycle downturns, and preserves capacity for M&A or reinvestment over months to years.

Cash Generation

Turnaround to positive free cash flow and a strong operating-cash-flow to net-income ratio indicate reliable internal funding. Sustainable cash conversion supports dividends, content investment, debt avoidance, and operational resilience across typical media demand cycles.

High Gross Margin and Operational Efficiency

Very high gross margins reflect low direct content production cost relative to sales and pricing power in core channels. Improving EBIT margin shows operational leverage that can sustain profitability even if ad rates soften, supporting long-term margin stability.

Negative Factors

Weak EPS Growth

A steep negative EPS growth rate signals earnings volatility or one-off charges that reduce shareholder returns. Persistently weak EPS constrains reinvestment and capital allocation choices, and raises risk that operational improvements may not translate into earnings growth without structural fixes.

Profitability and ROE Headroom

Management notes margin and ROE improvement is needed; ROE remains modest. Limited return on equity reduces long-term shareholder value creation potential and suggests the company must lift margins or redeploy capital more effectively to improve sustainable profitability.

Advertising Concentration and Revenue Cyclicality

Heavy reliance on ad revenue and audience cycles creates structural top-line volatility tied to viewership swings and political/economic events. This concentration exposes margins and cash flow to external demand shifts and intensifying digital ad competition over the medium term.

TV Today Network Ltd. Business Overview & Revenue Model

Company Description

T.V. Today Network Limited, together with its subsidiaries, engages in television programming and broadcasting activities in India. The company operates through three segments: Television and Other Media Operations, Radio Broadcasting, and Newspaper Publishing. It operates Aaj Tak, a Hindi news channel and India Today Television, an English news channel. The company also operates three FM radio stations under the ISHQ 104.8 FM brand in Delhi, Mumbai, and Kolkata; and publishes newspapers in Hindi and English languages. The company was incorporated in 1999 and is based in Noida, India. T.V. Today Network Limited is a subsidiary of Living Media India Limited.

How the Company Makes Money

TV Today Network Ltd. generates revenue through multiple streams, primarily from advertising and subscription fees. Advertising revenue constitutes a significant portion of its earnings, as brands invest in advertising slots across its various channels to reach a vast audience. The company also earns from subscription fees, particularly for premium content and specialized channels. Additionally, partnerships with digital platforms enhance its revenue through content syndication and advertising collaborations. Events and sponsorships contribute further to its income, while the growing digital presence allows for additional monetization through online ads and sponsored content.

TV Today Network Ltd. Financial Statement Overview

Summary

TV Today Network Ltd. has shown solid financial performance with strong revenue growth and robust cash generation capabilities. The company maintains a strong balance sheet with low leverage, providing financial stability and flexibility. However, there is room for improvement in net profit margins and return on equity to enhance overall profitability.

Income Statement

TV Today Network Ltd. has shown strong revenue growth with a 4.29% increase from 2024 to 2025. The gross profit margin is high at approximately 84.57% for 2025, indicating efficient production and cost management. However, the net profit margin has slightly decreased to 7.50% in 2025 from 5.92% in 2024, showing a need for improved cost control. The EBIT margin improved significantly to 6.80% in 2025, suggesting better operational efficiency.

Balance Sheet

The company maintains a strong equity position with an equity ratio of 78.64% in 2025, indicating financial stability. The debt-to-equity ratio is low at 0.02, showing minimal leverage and risk. However, return on equity (ROE) has declined to 8.36% in 2025 from 6.50% in 2024, suggesting lower profitability on shareholder investments.

Cash Flow

The company has demonstrated strong free cash flow growth, moving from negative in 2024 to positive in 2025, indicating improved liquidity. The operating cash flow to net income ratio is robust at 1.63 in 2025, showing efficient cash generation from operations. The free cash flow to net income ratio is also strong at 1.41, reflecting good cash profitability.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	8.78B	9.93B	9.52B	8.78B	9.30B	7.83B
Gross Profit	7.41B	8.40B	8.29B	3.94B	5.09B	4.16B
EBITDA	846.80M	1.45B	1.41B	1.65B	2.88B	2.36B
Net Income	305.00M	745.30M	563.80M	882.40M	1.82B	1.31B
Balance Sheet
Total Assets	0.00	11.33B	11.27B	10.73B	14.11B	12.08B
Cash, Cash Equivalents and Short-Term Investments	4.19B	4.19B	4.59B	4.58B	8.10B	4.72B
Total Debt	0.00	206.50M	339.50M	342.40M	318.00M	173.30M
Total Liabilities	-8.91B	2.42B	2.59B	2.44B	2.54B	2.18B
Stockholders Equity	8.91B	8.91B	8.67B	8.28B	11.58B	9.91B
Cash Flow
Free Cash Flow	0.00	1.05B	-38.60M	87.70M	2.09B	1.45B
Operating Cash Flow	0.00	1.22B	151.10M	407.40M	2.35B	1.66B
Investing Cash Flow	0.00	-742.00M	350.00M	3.71B	-2.11B	-1.66B
Financing Cash Flow	0.00	-614.40M	-280.50M	-4.27B	-224.80M	-171.90M

TV Today Network Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 142.00
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TVTODAY, the sentiment is Negative. The current price of 142 is above the 20-day moving average (MA) of 128.68, above the 50-day MA of 133.69, and below the 200-day MA of 150.56, indicating a bearish trend. The MACD of -4.30 indicates Positive momentum. The RSI at 35.05 is Neutral, neither overbought nor oversold. The STOCH value of 30.79 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TVTODAY.

TV Today Network Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
TVTODAY	65 Neutral	₹7.18B	35.46	―	2.22%	-15.80%	-79.80%
BSL	61 Neutral	₹1.36B	24.70	―	0.51%	-0.22%	-51.08%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
DHUNINV	55 Neutral	₹5.98B	34.90	―	0.24%	-29.04%	-78.51%
ZEELEARN	55 Neutral	₹2.11B	23.65	―	―	28.91%	-94.80%
RAJTV	48 Neutral	₹2.06B	-56.86	―	―	―	―
NDTV	45 Neutral	₹9.14B	-2.21	―	―	19.53%	-138.48%