Network18 Media & INV Ltd
NSE: NETWORK18 · Media & Entertainment · sector
₹23.19NSE close 2026-10-26
Key numbers
Market cap₹3,549 cr
Price₹23.19
52w high / low₹50 / ₹23
P/E–Sector median 42.5x
P/B0.7xSector median 1.0x
Book value₹32.1
Dividend yield–Sector median 1.38%
ROE-0.7%Sector median -0.9%
ROCE-1.2%Sector median -2.1%
OPM0.7%Sector median -8.0%
Debt / equity0.63xSector median 0.03x
EV/EBITDA458.9xSector median 25.3x
Interest cover-0.5x
Current ratio0.26x
Sales growth 3y-30.1%Sector median -4.3%
Profit growth 3y–Sector median +14.1%
PEG–
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 12 companies in Media & Entertainment (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹164 cr vs borrowings ₹3,113 cr (FY26): borrowings are higher by ₹2,948 cr.
- Operating profit covered interest -0.5x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 4 of the last 5 years (FY26, FY25, FY24, FY23).
- Net loss in 6 of the last 8 quarters.
- Revenue was higher than a year earlier in 2 of the last 4 quarters.
- Debtor days went from 69 (FY24) to 119 (FY26).
- No dividend in the last 5 financial years.
- Price ₹23.19 on 2026-10-26: -53.8% from the 52-week high, 0.0% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹87.09 · low ₹23.19
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,825 | 1,360 | 561 | 468 | 498 | 539 | 616 | 516 |
| EBITDA | -179 | -1,447 | 9 | 155 | -0 | -11 | 18 | 8 |
| OPM % | -9.8% | -106.4% | 1.6% | 33.1% | -0.1% | -2.1% | 3.0% | 1.5% |
| Other income | 234 | 82 | 3 | 10 | 3 | 14 | 0 | 4 |
| Net profit | -96 | -1,435 | -30 | 148 | 41 | -6 | -31 | -39 |
| EPS (₹) | -0.63 | -9.38 | -0.20 | 0.97 | 0.27 | -0.04 | -0.20 | -0.25 |
| Revenue YoY | -72.7% | -60.4% | +9.7% | +10.3% | ||||
| Profit YoY | – | – | – | -126.2% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 5,880 | 6,223 | 9,297 | 6,888 | 2,121 | 2,169 |
| EBITDA | 1,079 | 137 | -664 | -1,766 | 161 | 14 |
| Net profit | 208 | -84 | -254 | -1,687 | 152 | -35 |
| EPS (₹) | 2.00 | -0.81 | -2.45 | -11.02 | 0.99 | -0.22 |
| Revenue growth | +5.8% | +49.4% | -25.9% | -69.2% | -48.5% | |
| Profit growth | -140.6% | – | – | – | – | |
| Dividend / share (₹) | – | – | – | – | – |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -30.1% | -14.7% | -48.5% |
| Net profit | – | +36.4% | – |
| EPS | – | +26.1% | – |
| Share price | – | -44.6% (2y) | -49.7% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 675 | 6,654 | 4,743 | 4,918 |
| Borrowings | – | 5,815 | 7,317 | 2,787 | 3,113 |
| Cash & equivalents | – | 351 | 8,057 | 115 | 164 |
| Total assets | – | 13,984 | 40,134 | 8,498 | 8,996 |
| Fixed assets | – | 503 | 1,336 | 509 | 463 |
| Capital work in progress | – | 86 | 104 | 0 | 0 |
| Investments | – | 838 | 964 | 5,572 | 5,999 |
| Receivables | – | 1,297 | 1,760 | 660 | 690 |
| Inventory | – | 5,891 | 10,210 | 9 | 2 |
| Payables | – | 2,108 | 2,416 | 443 | 345 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 641 | -2,804 | -6,465 | -1,912 | -28 |
| Cash from investing | -250 | -722 | -5,169 | 1,313 | -20 |
| Cash from financing | -381 | 3,411 | 16,235 | -4,229 | 84 |
| Capex | 184 | 732 | 2,404 | 898 | 51 |
| Free cash flow | 457 | -3,536 | -8,869 | -2,811 | -79 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | -12.5% | -3.8% | -35.6% | 3.1% |
| ROCE % | – | 1.7% | -1.3% | -20.2% | 0.7% |
| Debtor days | – | 76 | 69 | 35 | 119 |
| Inventory days | – | 1,79,19,888 | 401 | 0 | 0 |
| Payable days | – | 64,10,678 | 95 | 23 | 59 |
| Cash conversion cycle (days) | – | 1,15,09,286 | 375 | 12 | 60 |
| Working capital days | – | -11 | 490 | -135 | -474 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 56.89% |
| FIIs | 2.76% |
| DIIs | 0.12% |
| of which Mutual funds | 0.12% |
| Government | 0.00% |
| Public (non-institutions) | 40.24% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 56.89% | 56.89% | 56.89% | 56.89% | 56.89% | 56.89% | 56.89% | 56.89% |
| Promoter group | % |
|---|---|
| RB Mediasoft Private Limited | 9.25% |
| RB Media Holdings Private Limited | 8.66% |
| Adventure Marketing Private Limited | 8.66% |
| Colorful Media Private Limited | 8.66% |
| Watermark Infratech Private Limited | 8.66% |
| RRB Mediasoft Private Limited | 7.04% |
| Siddhant Commercials Private Limited | 4.47% |
| Independent Media Trust (held In the name of its trustee-Sanchar Content Private Limited) | 1.48% |
| Reliance Industries Limited | 0.00% |
| RB Holdings Private Limited | 0.00% |
| Reliance Industrial Investments and Holdings Limited | 0.00% |
| Public holders above 1% | % |
|---|---|
| Nexg Ventures India Pvt. Ltd. | 4.78% |
| Vara Future LLP | 1.06% |
5,14,808 shareholders. Pledged: 0.00% of promoter shares.
Peers in Media & Entertainment
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| PFOCUS | ₹21,303 cr | 178.2x | 10.2x | 8.1% | 9.5% | 27.4% | +0.2% | – |
| SAREGAMA | ₹9,429 cr | 42.5x | 5.6x | 13.6% | 17.7% | 35.2% | +10.2% | 0.92% |
| TIPSMUSIC | ₹9,116 cr | 40.3x | 28.1x | 78.1% | 94.2% | 68.2% | +26.2% | 1.83% |
| NETWORK18 | ₹3,549 cr | – | 0.7x | -0.7% | -1.2% | 0.7% | -30.1% | – |
| BALAJITELE | ₹1,022 cr | – | 1.6x | -4.0% | -4.1% | -8.0% | -14.5% | – |
| ENIL | ₹406 cr | – | 0.5x | -1.1% | -2.1% | 6.5% | +8.7% | 2.35% |
| SHEMAROO | ₹291 cr | – | 1.1x | -48.6% | -37.6% | -36.7% | +1.6% | – |
| RADIOCITY | ₹180 cr | – | 0.4x | -8.9% | -7.4% | -21.5% | -4.3% | 0.00% |
| NEXTMEDIA | ₹22 cr | – | – | – | -18.3% | – | – | – |
| SHALPRO | ₹22 cr | – | 0.2x | -0.7% | -0.7% | -54.0% | -57.8% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2018-08-10 | Other | Annual General Meeting |
| 2017-09-20 | Other | Annual General Meeting |
| 2016-09-22 | Other | Annual General Meeting |
| 2015-09-16 | Other | Annual General Meeting |
| 2014-09-25 | Other | Annual General Meeting |
| 2013-07-18 | Other | Annual General Meeting |
| 2012-09-11 | Rights | Rights 307:50 @ Premium Rs.25/- Per Share |
| 2012-08-02 | Other | Annual General Meeting |
| 2011-08-30 | Other | Annual General Meeting |
| 2010-08-18 | Other | Annual General Meeting |
| 2009-08-20 | Other | Annual General Meeting |
| 2008-09-04 | Other | Annual General Meeting |
| 2008-03-11 | Rights | Rights - 1pccps:5eq |
| 2008-02-14 | Other | Interim Div-Rs1.25 Per Sh |
| 2007-08-30 | Other | Agm |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Information and communication: Other Information & Communication Service Activities (Broadcasting and Digital Media activities)
| Sector | Consumer Discretionary |
| Industry | Media & Entertainment |
| Sub-industry | Media & Entertainment |
| Symbol | NETWORK18 |
| BSE code | 532798 |
| ISIN | INE870H01013 |
| Face value | ₹5.0 |
| Incorporated | 1996-02-16 |
| Website | www.nw18.com |
| Plants (India / abroad) | 0 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.