TV Vision Ltd. (TVVISION) AI Stock Analysis

• Market Cap: ₹223.17M
• Dividend Yield: N/A
• Average Volume (3M): 2.97K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.87
• Revenue Growth: -47.18%
• EPS Growth: -11.30%
• Country: IN
• Employees: 65
• Sector: Services
• Sector Strength: N/A
• Industry: Broadcasting
• EPS (TTM): -1.55
• Shares Outstanding: 38,744,500
• 10 Day Avg. Volume: 2,303
• 30 Day Avg. Volume: 2,974
• PEG Ratio: -0.05
• Price to Book (P/B): -0.12
• Price to Sales (P/S): 0.33
• P/FCF Ratio: -16.76
• 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: 44 Neutral
• Price Target: ₹5.50 ▼(-52.30% Downside)
• Action: Reiterated Date: 01/04/26
• Date: Action: Reiterated 01/04/26

The score is primarily held down by very weak financial performance: declining revenue, sustained losses, negative equity, and negative operating/free cash flow. Technical indicators are mixed (neutral RSI and positive MACD, but below the 20-day average), providing only limited support. Valuation is also constrained by a negative P/E and no dividend yield data.

Positive Factors

Existing revenue base

Despite declines, a reported revenue base of ~532m provides operational scale and existing distribution/customer relationships. That scale can be leveraged in 2-6 months through cost restructuring or commercial focus to stabilize topline and improve unit economics if management executes remediation plans.

Regular financial reporting cadence

Consistent quarterly reporting and disclosed next release date reflect governance and transparency. Reliable disclosure supports stakeholder oversight, enables timely capital-raising or covenant negotiations, and reduces information asymmetry—important for restructuring or strategic partnerships over the medium term.

Lean operating headcount

A small workforce (65 employees) implies a lean operating footprint, which can enable faster cost reductions, organizational pivots, or efficiency initiatives. In a turnaround context, lower fixed-labor overhead improves flexibility to restructure expense base within a few months without the complexity of large-scale layoffs.

Negative Factors

Declining revenue and negative margins

Sustained revenue decline with negative gross and EBIT/EBITDA margins indicates the core broadcasting operations fail to cover direct and operating costs. This structural profitability shortfall erodes operating leverage, makes margin recovery harder, and increases the need for material business model or cost changes to restore sustainable profits.

Negative shareholders' equity

Negative equity is a structural solvency concern: liabilities exceed assets, constraining borrowing capacity and increasing refinancing risk. It limits strategic options, may trigger creditor or covenant actions, and raises the probability of dilution or recapitalization if the company cannot restore capital within the medium term.

Negative operating and free cash flow

Persistent negative operating and free cash flow mean the business cannot internally fund operations or investments, creating reliance on external financing. Over several months this elevates liquidity risk, increases cost of capital, and may force asset sales, debt raises, or equity issuance that impair long-term strategic flexibility.

TV Vision Ltd. Business Overview & Revenue Model

Company Description

TV Vision Ltd. (TVVISION) is a leading provider of innovative television and multimedia solutions, specializing in the development and distribution of cutting-edge broadcasting technology, digital content, and streaming services. Operating in the entertainment and media sector, TVVISION offers a diverse range of products, including high-definition television sets, smart devices, and software solutions for content delivery and management. The company is committed to enhancing viewer experiences through advanced technology and is recognized for its contributions to the evolution of television broadcasting.

How the Company Makes Money

TV Vision Ltd. generates revenue through multiple key streams, primarily including the sale of hardware products such as televisions and streaming devices, which account for a significant portion of its income. Additionally, the company earns revenue from subscription services related to its streaming platform, where users pay for access to premium content. Advertising partnerships form another vital revenue source, as TVVISION collaborates with various brands to feature advertisements on its platforms and devices. Furthermore, licensing agreements for its proprietary technology and software solutions contribute to its earnings. The company also engages in strategic partnerships with content creators and distributors, enhancing its content library and attracting more subscribers, which in turn drives further revenue growth.

TV Vision Ltd. Financial Statement Overview

Summary

Income statement shows declining revenue and persistently negative gross/EBITDA/EBIT margins with significant losses. The balance sheet has negative shareholders’ equity (liabilities exceed assets), signaling elevated financial risk. Cash flow is also weak with negative operating cash flow and negative free cash flow, indicating poor cash generation.

Income Statement

TV Vision Ltd. has experienced consistent declines in revenue over the past years, with the most recent revenue at 532.4 million compared to 583.6 million the prior year. Gross profit margins are negative, indicating costs exceed revenue. The net profit margin is also negative, with significant losses reported. EBIT and EBITDA margins remain negative, showcasing ongoing operational challenges.

Balance Sheet

The balance sheet shows a concerning negative stockholders' equity, implying liabilities exceed assets. The debt-to-equity ratio is not calculable due to negative equity, but substantial debt levels indicate financial leverage risks. The equity ratio is negative, aligning with the company's financial instability.

Cash Flow

The cash flow statement highlights negative free cash flow, with a significant decrease from previous years. Operating cash flow remains negative, reflecting ongoing operational difficulties. The free cash flow to net income ratio is unfavorably negative, indicating a weak cash generation relative to net losses.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	389.82M	532.40M	583.62M	712.69M	802.57M	678.74M
Gross Profit	-61.54M	-173.67M	-143.12M	212.68M	195.76M	30.46M
EBITDA	-95.17M	-113.09M	-57.90M	-8.84M	-62.91M	-267.49M
Net Income	-249.26M	-267.38M	-237.32M	-199.53M	-314.45M	-529.65M
Balance Sheet
Total Assets	0.00	561.03M	775.11M	888.96M	1.12B	1.45B
Cash, Cash Equivalents and Short-Term Investments	10.86M	31.34M	9.90M	8.40M	5.97M	12.83M
Total Debt	0.00	72.22M	1.13B	100.00K	1.09B	1.11B
Total Liabilities	1.44B	2.00B	1.94B	1.84B	1.86B	1.90B
Stockholders Equity	-1.44B	-1.44B	-1.17B	-946.37M	-743.17M	-452.08M
Cash Flow
Free Cash Flow	0.00	-10.56M	-64.23M	37.20M	10.49M	-38.29M
Operating Cash Flow	0.00	-10.43M	-63.95M	38.41M	12.10M	-38.12M
Investing Cash Flow	0.00	-131.00K	-272.00K	-1.21M	-1.61M	-173.69K
Financing Cash Flow	0.00	11.52M	65.73M	-34.77M	-17.35M	32.76M

TV Vision Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 11.53
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:TVVISION, the sentiment is Negative. The current price of 11.53 is above the 20-day moving average (MA) of 6.14, above the 50-day MA of 7.04, and above the 200-day MA of 7.02, indicating a bearish trend. The MACD of -0.27 indicates Negative momentum. The RSI at 35.13 is Neutral, neither overbought nor oversold. The STOCH value of 25.10 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:TVVISION.

TV Vision Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SAMBHAAV	58 Neutral	₹1.45B	112.13	―	―	-4.53%	-100.15%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
BAGFILMS	53 Neutral	₹1.00B	44.51	―	―	10.86%	249.20%
RAJTV	48 Neutral	₹1.92B	1,020.62	―	―	―	―
HTMEDIA	46 Neutral	₹4.83B	-5.78	―	―	9.21%	―
TVVISION	44 Neutral	₹223.17M	-1.40	―	―	-47.18%	-11.30%
CINEVISTA	43 Neutral	₹862.12M	6.41	―	―	37558.79%	-267.29%

TV Vision Ltd. Corporate Events

TV Vision Clears Q3 FY26 Results, Appoints New CFO to Bolster Financial Governance

TV Vision Limited’s board has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended 31 December 2025, fulfilling its periodic disclosure obligations under SEBI’s listing regulations and providing investors with updated visibility on its financial performance. In the same meeting, the board appointed finance professional Hemant Patil as Chief Financial Officer and Key Managerial Personnel, a move expected to strengthen the company’s financial governance, compliance framework and strategic financial planning as it navigates its position in the competitive broadcasting sector.

TV Vision to Close Trading Window Ahead of Q3 FY26 Results

TV Vision Limited has announced that its trading window for dealing in the company’s shares will be closed for insiders, designated persons, their immediate relatives and connected persons from January 1, 2026 until 48 hours after the declaration of its standalone and consolidated unaudited financial results for the quarter ended December 31, 2025. The move, made under the company’s code of conduct aligned with SEBI’s Prohibition of Insider Trading Regulations, is a routine compliance step aimed at preventing insider trading ahead of financial disclosures, and the date of the board meeting to approve these results will be communicated separately to the stock exchanges.