RAJTVConsumer Discretionary

Raj Television Network Limited

TV Broadcasting & Software Production · ISIN INE952H01027 · BSE 532826 · NSE EQ · FV ₹5
Last price
₹9
-0.23%today
What this company does

Raj Television Network Limited operates in TV Broadcasting & Software Production, part of the Consumer Discretionary sector. It booked ₹15 cr of revenue in its latest quarter (Q2 FY23) and kept -1.5% of sales as profit.

In the report:
47out of 100
Equitytale Health Score
Mixed

Healthier than 47% of companies in Consumer Discretionary, on the 4 of 6 measures we could read for it. Each measure is ranked against the 326–421 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)
37

At close. Not part of the score.

Profitability & returns16

How much profit it earns on the money it employs

Balance sheet49

How much it owes, and whether earnings cover the interest

Valuation59

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

Not measurable for this company: cash quality, growth & consistency. Those pillars are left out of the score rather than counted as zero.

Is this company doing well?
not investment advice
Some things to watch
Strengths
Promoters hold 71%
No promoter shares pledged
Watch-outs
! Currently loss-making
! Thin -1.5% net margin
! Low -0.6% return on equity

What if I invest in RAJTV?

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 15% a year, it would become
₹26.30 lakh

The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — 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 We do not publish price targets or predict returns.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
₹9 -0.23%
latest close · 2026-09-17
1-year return
-76.2%
52-wk low ₹852-wk high ₹54
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 ratio1.29Moderate
Below bookModerateHigh
EV / EBITDA1,269.3High
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity-0.6%Loss
WeakFairStrong ▸15%
Return on capital1.2%Weak
WeakFairStrong
Net margin-1.5%Loss
ThinDecentStrong
EBITDA margin0.3%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.16Comfortable
LowModerateHigh ▸1
Interest cover0.6×Risky
RiskyOkayStrong ▸5×
Current ratio2.60Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹184 cr
Book value
₹7
EPS
₹-0.01
latest quarter
Net debt
₹20 cr
owes more than its cash
Enterprise value
₹204 cr
EBITDA
₹16.1 L
annualised
EBIT
₹2 cr
annualised
Operating margin
3.3%
Return on assets
-0.5%
Earnings yield
P/S
3.16
Sales / share
₹2.7
Tax rate
Face value
₹5
Shares
21.5 cr
Working capital
₹38 cr
Current assets
₹61 cr
Current liabilities
₹24 cr
Delivery %
82.6%
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 2025 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.
Models span ₹1₹1, midpoint ₹1

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 · Q2 FY23 (consolidated)
Revenue from Operations₹15 cr
Other Income₹2.6 L
Total Income₹15 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹4 cr
Finance Costs₹77.9 L
Depreciation & Amortisation₹-43.8 L
Other Expenses₹10 cr
Total Expenses₹15 cr
Profit before Tax₹-30.1 L
Tax Expense₹-8.6 L
Net Profit₹-21.5 L
Net margin on total income-1.5%
Where the money goes · Q2 FY23
% of total spend
Employee benefit expense₹4 cr29.8%
Finance costs₹77.9 L5.2%
Other expenses₹10 cr64.9%
Total income ₹15 cr

The company made a net loss of ₹21.5 L this quarter — income covered only 98 of every ₹100 it spent on costs and tax.

Balance sheet & cash flow · as of Sep 2022
Low debt
Total assets
₹182 cr
Shareholder equity
₹143 cr
parent shareholders
Total debt
₹23 cr
Cash
₹3 cr
Cash flow · H1 FY23
Operating
₹4 cr
Investing
₹-45.8 L
Financing
₹-3 cr
Peer comparison
TV Broadcasting & Software Production · by market value
CompanyPriceMarket capP/E
Sun TV Network Limited₹468₹18,459 cr7.5
Zee Entertainment Enterprises Limited₹78₹7,526 cr24.8
Hathway Cable & Datacom Limited₹10₹1,774 cr17.9
Den Networks Limited₹26₹1,261 cr8.6
New Delhi Television Limited₹71₹802 cr
TV Today Network Limited₹108₹643 cr15.9
GTPL Hathway Limited₹57₹637 cr67.4
Zee Media Corporation Limited₹7₹485 cr
Dish TV India Limited₹3₹477 cr
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
trailing 12 months
Dividend / share (TTM)
Last dividend
₹0.1
ex 19 Sep 2019
ActionDetailEx-date
Dividend₹0.1 / share19 Sep 2019
Dividend₹0.25 / share21 Sep 2016
Dividend₹0.5 / share18 Sep 2015
Dividend₹0.25 / share8 Sep 2014
Stock splitStock Split From Rs.10/- to Rs.5/-25 Mar 2014
Bonus issue1:125 Mar 2014
Who owns it · 2026-06-30
No pledge
Promoter
71.0%
FII / Foreign
0.0%
DII / Domestic
Retail / others
29.0%
Promoter stake down 0.5% over the last 12 quarters.
Smart-money activity
Insider trades
SoldM Ragunathan · -34,000 · ₹40.5 L18 Jun 24
SoldM RAJARATNAM · -33,000 · ₹41.6 L10 Jun 24
SoldM RAAJHENDHRAN · Promoters33,303 · ₹41.3 L3 Jun 24
Bulk / block deals
SoldMOOLCHAND KIRAN KUMAR JAIN · NSE3.54 L @ ₹12.043 Jul 26
SoldMOOLCHAND KIRAN KUMAR JAIN · NSE4.24 L @ ₹20.838 Apr 26
SoldMOOLCHAND KIRAN KUMAR JAIN · NSE9.78 L @ ₹23.847 Apr 26
Stake changes
SoldKiran Kumar Jain M→ 11.43% · 5.87 L7 Aug 26
SoldKiran Kumar Jain M→ 12.56% · 2.53 L1 Aug 26
SoldKiran KumarJain M.→ 13.05% · 3.95 L4 Jul 26
Promoter pledges
Pledgedcapstocks and securities Pvt Ltd2.00 L · 0.00% held4 Jun 21
ReleasedCanara Bank5.00 L · 0.96% held8 Mar 19
ReleasedCanara Bank21.60 L · 5.12% held19 Feb 19
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.

Postal ballot · 4 Dec 2025
See the official result
1
Appointment of Mr. Pechimuthu Udayakumar (DIN: 03353625) as a Non-Executive Independent Director of the Company
Backed by 100% of shareholders other than promotersneeded 75%
1.17 cr votes for, 238 against
2
Appointment of Mr. Krishna Singh Balaji Singh (DIN: 11121323) as a Non-Executive Independent Director of the Company
Backed by 100% of shareholders other than promotersneeded 75%
1.17 cr votes for, 268 against

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 — 8 named members
owning 71.0% between them · as of 2026-06-30
M RAVINDRAN14.06%
MANI SAMY PILLAI RAAJHENDHRAN .11.23%
RAJARATHNAM M11.18%
RAGHUNATHAN M10.93%
AMUDHA R6.83%
ARUNA R6.83%
USHA RANI R6.83%
R VIJAYALAKSHMI3.08%

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.