NETWORK18Media Entertainment & Publication

Network18 Media & Investments Limited

Media & Entertainment · ISIN INE870H01013 · BSE 532798 · NSE EQ · FV ₹5
Last price
₹26
+1.30%today
What this company does

Network18 Media & Investments Limited operates in Media & Entertainment, part of the Media Entertainment & Publication sector. It booked ₹516 cr of revenue in its latest quarter (Q1 FY27) and kept -7.5% of sales as profit. It is the 4th largest of 9 Media & Entertainment companies we track, by market value.

In the report:
34out of 100
Equitytale Health Score
Strained

Healthier than 34% of listed companies we score, on all six measures of filed financials. Each measure is ranked against the 1,561–2,858 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
39

At close. Not part of the score.

Profitability & returns7

How much profit it earns on the money it employs

Balance sheet18

How much it owes, and whether earnings cover the interest

Cash quality23

Whether reported profit actually arrives as cash

Growth & consistency15

Whether sales and profit have grown, and how steadily

Valuation85

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Some things to watch
Strengths
Sales up 10% vs last year
Promoters hold 57%
No promoter shares pledged
Watch-outs
! Currently loss-making
! Thin -7.5% net margin
! Low -3.1% return on equity
! Operating cash flow is negative

What if I invest in NETWORK18?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹26 +1.30%
latest close · 2026-09-17
1-year return
-45.6%
52-wk low ₹2652-wk high ₹118
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/B ratio0.82Below book
Below bookModerateHigh
EV / EBITDA153.1High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-3.1%Loss
WeakFairStrong ▸15%
Return on capital-1.5%Loss
WeakFairStrong
Net margin-7.5%Loss
ThinDecentStrong
EBITDA margin2.3%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.62Moderate
LowModerateHigh ▸1
Interest cover-0.3×Risky
RiskyOkayStrong ▸5×
Current ratio0.26Tight
Tight ◂1HealthyAmple
More figures
Market cap
₹4,049 cr
Book value
₹32
EPS
₹-0.25
latest quarter
Net debt
₹3,074 cr
owes more than its cash
Enterprise value
₹7,124 cr
EBITDA
₹47 cr
annualised
EBIT
₹-78 cr
annualised
Operating margin
-3.8%
Return on assets
-1.7%
Earnings yield
P/S
1.96
Sales / share
₹13.5
Tax rate
Face value
₹5
Shares
153.0 cr
Working capital
₹-2,757 cr
Current assets
₹981 cr
Current liabilities
₹3,737 cr
Delivery %
51.7%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2024 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹516 cr
Other Income₹4 cr
Total Income₹520 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹208 cr
Finance Costs₹57 cr
Depreciation & Amortisation₹31 cr
Other Expenses₹300 cr
Total Expenses₹596 cr
Profit before Tax₹-76 cr
Tax Expense₹0 cr
Share of JV / Associates₹38 cr
Net Profit₹-38 cr
Net margin on total income-7.4%
Where the money goes · Q1 FY27
% of total spend
Employee benefit expense₹208 cr34.9%
Finance costs₹57 cr9.5%
Depreciation & amortisation₹31 cr5.2%
Other expenses₹300 cr50.4%
Total income ₹520 cr

The company made a net loss of ₹38 cr this quarter — income covered only 87 of every ₹100 it spent on costs and tax.

Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue539 cr616 cr516 cr
Total income553 cr616 cr520 cr
Expenses613 cr671 cr596 cr
Profit before tax-81 cr-67 cr-76 cr
Tax0 cr3 L0 cr
Net profit (owners' share)-6 cr-31 cr-39 cr
Net margin (owners' share, on revenue)-1.1%-5.0%-7.5%
EPS (₹)-0.04-0.20-0.25
YoY (latest quarter): total income +8.9% · net profit
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹8,996 cr
Shareholder equity
₹4,918 cr
parent shareholders
Total debt
₹3,113 cr
Cash
₹39 cr
Cash flow · H1 FY26
Operating
₹-81 cr
Investing
₹-33 cr
Financing
₹117 cr
Peer comparison
Media & Entertainment · by market value
CompanyPriceMarket capP/E
Prime Focus Limited₹335₹26,009 cr
Saregama India Limited₹489₹9,433 cr45.5
Tips Music Limited₹657₹8,393 cr48.0
Network18 Media & Investments Limitedthis company₹26₹4,049 cr
Balaji Telefilms Limited₹96₹1,170 cr13.0
Entertainment Network (India) Limited₹101₹481 cr
Shemaroo Entertainment Limited₹116₹332 cr
Music Broadcast Limited₹6₹209 cr5.6
Next Mediaworks Limited₹4₹26 cr0.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
ActionDetailEx-date
Rights issue50:30711 Sep 2012
Who owns it · 2026-06-30
No pledge
Promoter
56.9%
FII / Foreign
4.3%
DII / Domestic
0.1%
Retail / others
38.7%
Promoter stake down 18.1% over the last 12 quarters.
Smart-money activity
Bulk / block deals
short · NSE7343 Sep 26
short · NSE2,0005 Jun 26
short · NSE14 Jun 26
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 16 Sep 2026
See the official result
1
Consideration and adoption of Audited Financial Statement of the Company for the financial year ended 31st March, 2026 and the Reports of the Board of Directors and Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
4.70 cr votes for, 1.64 L against · 0% of mutual funds and other big investors said no
2
Consideration and adoption of Audited Consolidated Financial Statement of the Company for the financial year ended 31st March, 2026 and the Report of the Auditors thereon
Backed by 100% of shareholders other than promotersneeded 50%
4.70 cr votes for, 1.64 L against · 0% of mutual funds and other big investors said no
3
Appointment of Mr. Adil Zainulbhai (DIN : 06646490), a Director retiring by rotation
Backed by 97% of shareholders other than promotersneeded 50%
4.59 cr votes for, 14.32 L against · 3% of mutual funds and other big investors said no
4
Appointment of Mr. Rahul Joshi (DIN : 07389787), a Director retiring by rotation
Backed by 100% of shareholders other than promotersneeded 50%
4.72 cr votes for, 1.70 L against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 11 named members
owning 56.9% between them · as of 2026-06-30
RB Mediasoft Private Limited9.25%
Adventure Marketing Private Limited8.66%
Colorful Media Private Limited8.66%
RB Media Holdings Private Limited8.66%
Watermark Infratech Private Limited8.66%
RRB Mediasoft Private Limited7.04%
Siddhant Commercials Private Limited4.47%
Independent Media Trust (held In the name of its trustee-Sanchar Content Private Limited)1.48%
Business done with them
FY2025 · 1 of the group
The company paid ₹25 cr to companies in the promoter group last year — about 0.4% of its ₹6,888 cr revenue and received ₹25 L back from them.
RELIANCE INDUSTRIES LIMITED
Paid them for services · Revenue from Operations and Expenditure for services received and Purchase of Inventories
₹20 cr
company paid
RELIANCE INDUSTRIES LIMITED
Bought property or assets from them · Revenue from Operations and Expenditure for services received and Purchase of Inventories
₹5 cr
company paid
RELIANCE INDUSTRIES LIMITED
Provided services to them · Revenue from Operations and Expenditure for services received and Purchase of Inventories
₹25 L
company received

The company also transacted with 37 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.