Fin Cascade

Prices as of 8 Oct 2026 close · Not investment advice

Network18 Media & Investments Limited

NSE: NETWORK18Media & Entertainment

Share price

₹24.39

-5.10% close of 8 Oct 2026

Market cap ₹3,732 CrP/E —

Business score

How strong the business is, in one number. The parts behind it are in Pro.

40

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹3,732 Cr

P/E ratio

—

P/B ratio

0.8

ROCE

3.0%

ROE

0.7%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 8 Oct 2026 close52-week high ₹52.4052-week low ₹24.39

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Sales fell 48.5% over the past year. Meanwhile what it keeps of every 100 rupees of sales slipped from 15.1% to 2.0% over the last four years.

Whether it grew faster than its sector

It grew 11.7% a year against a sector median of 4.9% — 6.8 percentage points faster.

Room to re-rate, or risk of de-rating

It has no earnings, so there is no price-to-earnings to compare.

Whether growth justifies the valuation

It has no earnings to weigh the price against.

Profit growthPrice per ₹1 profitPer 1% growth
Network18 Media & Investments Limited — this one34%/yr——
Prime Focus Limited8%/yr118.5×₹14.8
Saregama India Limited4%/yr40.2×₹10.0
Tips Music Limited39%/yr37.4×₹0.96
Balaji Telefilms Limited-5%/yr——
Entertainment Network (India) Limited26%/yr327.8×₹12.6

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Media & Entertainment), it ranks 5 of 14 on returns, 3 of 12 on growth, 6 of 14 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 3.0% on capital, ahead of 64% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹10568 crore of cash before any plant spend, funded from lenders and shareholders. It has not made a profit over 12 years.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

5 of 9 checks clear · 56%

Latest result

What the last results showed. Whether management kept its word is in Pro.

Results are expected soon.

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹3,732 Cr
Prev close
₹24.39
52w High
₹53.2
52w Low
₹24.3
Enterprise value
₹6,855 Cr
Beta
1.4
Price CAGR 1y
-51.0%
Price CAGR 3y
-29.0%
Price CAGR 5y
-16.0%
Price CAGR 10y
-6.0%

Ratios

Return on assets
1.7%
PEG ratio
—
P/E ratio
—
P/B ratio
0.8
EV / EBITDA
142.8
Industry P/E
40.6
ROCE
3.0%
ROCE 5y average
4.4%
ROE
0.7%
Debt / Equity
0.7
Interest coverage
1.8
Dividend yield
0.0%
ROE 3y average
-2.0%
ROE last year
1.0%

Annual P&L

Annual revenue
₹2,121 Cr
Annual profit
₹155 Cr
Operating margin
2.0%
Net profit margin
7.3%
EBITDA margin
2.0%
Sales growth 3y
-30.1%
Sales growth 5y
-14.7%
Profit growth 3y
34.0%
Profit growth 5y
2.0%
EPS
₹1.0
Sales growth TTM
-49.0%
Profit growth TTM
99.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹516 Cr
Profit latest quarter
-₹38 Cr
YoY quarterly sales growth
10.3%
YoY quarterly profit growth
-125.5%
OPM latest quarter
1.4%

Balance Sheet

Book Value
₹32.1
Face Value
₹5.0
Total debt
₹3,288 Cr
Total cash
₹40 Cr
Borrowings
₹3,288 Cr
Reserves / Equity
5.4

Cash Flow

Operating cash flow
-₹28 Cr
Free cash flow
-₹77 Cr
FCF yield
-7.5%
Net cash flow
₹36 Cr

Shareholding

Promoter holding
56.9%
FII holding
4.3%
DII holding
0.1%
Public holding
38.7%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Prime Focus279.40121.921,7590.00-45.8-90.61,266.823.811.3
Saregama India494.9541.89,5430.8951.940.6263.627.517.3
Tips Music635.5537.78,0822.0443.7-4.7106.520.9118.5
Netwrk.18 Media25.173,8810.00-38.4-2074.6516.310.33.0
Balaji Telefilms87.571,0680.0022.4489.3240.3229.9-10.1
Basilic Fly Stud215.0011.35430.006.7-9.4103.59.921.5
Ent.Network91.50326.44362.19-6.0-11.5113.7-2.8-1.8
Median126.4539.74900.006.7-4.7113.720.97.3

Competes with: Balaji Telefilms Limited, CRESTO TECHNO LIMITED, Cinevista Limited, Creative Eye Limited, Entertainment Network (India) Limited, Music Broadcast Limited, Next Mediaworks Limited, Optimystix Entertainment India Limited, Prime Focus Limited, Radaan Mediaworks India Limited, Saregama India Limited, Shemaroo Entertainment Limited, Silly Monks Entertainment Limited, Tips Music Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales3,2391,8661,7742,4193,1411,8251,361561468498539616516
Expenses3,3232,0841,9452,6093,2892,0051,382542464498530585509
Material Cost000000
Change in Inventories000000
Purchases of Stock-in-Trade000000
Employee Cost184186213197197208
Other Expenses359278285333388300
Operating Profit-84-218-172-190-148-179-22194-010308
OPM %-2.61-12-9.68-7.84-4.73-9.83-1.583.390.89-0.101.794.931.45
Other Income221224187176174270-1,22540231124692642
Exceptional items (within Other Income)-101510-21-120
Interest686674114150170102555248505457
Depreciation41574369706952333434333231
Profit before tax27-118-102-197-194-148-1,400-2914941-5-30-38
Tax %-610-113-0000000
Net Profit29-119-102-196-195-152-1,400-2914941-5-30-38
EPS in Rs-0.37-0.79-0.56-1.05-1.20-0.92-9.31-0.200.960.26-0.04-0.20-0.25
Diluted EPS in Rs-0.200.970.27-0.04-0.20-0.25

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3,1271,5271,4911,8395,1165,3574,7055,8806,2239,2976,8882,1212,169
Expenses3,2941,4741,6471,8765,0494,7863,9334,7996,0869,9557,2242,0782,122
Material Cost00
Change in Inventories00
Purchases of Stock-in-Trade00
Employee Cost1,153792
Other Expenses6,0651,285
Operating Profit-16753-156-37685717721,081137-658-3374347
OPM %-53.50-10-21.301116182.20-7-4.9022.20
Other Income-735985511042-174474183801-734449260
Exceptional items (within Other Income)-1,436118
Interest11367809619823615797209322477205209
Depreciation75588089142175147120128210223133129
Profit before tax-1,09026-261-111-231143512939-16-389-1,771155-32
Tax %463456-2361-711-1-1700
Net Profit-1,11796-271-173-17856547838-16-325-1,777155-32
EPS in Rs-100.92-2.23-1.47-2.89-2.260.311.98-0.80-1.97-110.99-0.23
Diluted EPS in Rs-110.99
Dividend Payout %000000000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
3%
5 years
-15%
3 years
-30%
TTM
-49%

Compounded profit growth

10 years
-9%
5 years
2%
3 years
34%
TTM
99%

Stock price CAGR

10 years
-6%
5 years
-16%
3 years
-29%
1 year
-51%

Return on equity

10 years
-4%
5 years
-2%
3 years
-2%
Last year
1%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital523518518518518518518518518518765765
Reserves1,0971,359765616293-12923715714,7103,9774,153
Borrowings1,0017821,3072,2033,0453,2652,5542,2846,0698,1562,9603,288
Other Liabilities3,0802,9292,4574,1724,5944,8345,1566,1017,23616,498795790
Minority Interest6669
Total Liabilities5,7015,5885,0467,5098,4508,6168,2579,14013,98039,8818,4988,996
Fixed Assets2,6271,6801,7662,9072,8682,9732,9292,8763,0553,6811,7881,753
CWIP1916525478712625991611,62702
Investments7392,6812,1826699237967718699584,1885,6826,123
Other Assets2,3161,2101,0943,9084,6124,7604,4305,1379,05120,3851,0271,118
Total Assets5,7015,5885,0467,5098,4508,6168,2579,14013,98039,8818,4988,996

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity-9987-17890-204781,346641-2,804-6,465-1,912-28
Cash from Investing Activity135-140-362-57-445-86-85-249-7189,929-3,636-19
Cash from Financing Activity-81-6518131645-62-1,049-3813,4111,13972083
Net Cash Flow-45-59-22164-3-7121212-1114,603-4,82836
Free Cash Flow-124-11-33728-331-681,263457-3,536-8,869-2,809-77

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days728578255931059972766935119
Cash Conversion Cycle728578255931059972766935119
Working Capital Days-78-263-383-216-99-88-621-32173-141-503
ROCE %-42-4-0-1710162-013

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters757575757557575757575757
FIIs5.643.483.543.492.346.616.986.856.546.266.294.33
DIIs0.040.530.050.060.090.180.190.220.150.150.130.12
Public192121212336363636373739
No. of Shareholders1,30,9091,35,1911,45,3021,56,0091,75,6625,84,6085,74,5485,70,6925,65,4295,47,5795,31,5805,25,106

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -53.4% (₹52.31 → ₹24.39)Brick size ₹0.87 (fixed)Bricks 67
₹30.00₹40.00₹50.00₹24.39Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹24.39 on 8 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

3,123inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

FY revenue / permanent employees + workers, same basis (calc)

39,94,014inr

2026-03-31

News

News and filings about Network18 Media & Investments Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Sells to

Buys from

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Media, Entertainment & Publication
Industry
Media & Entertainment
Classification
Media, Entertainment & Publication › Media & Entertainment
ISIN
INE870H01013

News impact

Big market events that reach Network18 Media & Investments Limited, and how the effect spreads.

Who it hits first

  • Multiples PE committed $100 million to Prime Focus subsidiaries, anchoring a $150 million round to build Brahma AI, an AI system for making enterprise videos.
  • Prime Focus Limited, the film post-production and video-technology company, gets fresh growth capital without taking on an immediate new loan.
  • No listed rival loses sales because the money funds a new build, not a price war or a cancelled contract.

Who may gain

  • Prime Focus Limited (film post-production and Brahma AI video software) — receives the capital and the growth option.
  • Brahma AI (unlisted AI video-production unit inside Prime Focus) — gets funding to build and scale.
  • Multiples PE (private investor) — buys into the Brahma AI growth story, though returns depend on execution.

Along the supply chain

Downstream

Downstream, there is no customer receiving goods yet — Brahma AI is still being built, so enterprise video makers who might one day license it see no change in price or supply today, and the pack lists no customers for Prime Focus.

Upstream

Upstream, there is no new parts or services order — Key Financial Services, the financial firm listed as supplying Prime Focus, gains no direct business from a subsidiary equity round that funds software hiring and cloud build instead.

Where demand moves

Business

Business demand barely moves today — no viewer, advertiser, or studio places new orders; the change is Prime Focus gaining cash to build Brahma AI for future enterprise video customers.

Capital

Capital flows straight in — $100 million from Multiples PE anchoring a $150 million institutional round into Prime Focus subsidiaries, lifting sentiment for Prime Focus shares while rivals see no direct inflow.

How it spreads across sectors

Media, Entertainment & Publication

Mild positive mood as a big AI bet validates media technology, but the cash stays inside Prime Focus so peers see sympathy sentiment at most.

When it plays out

Immediate

Prime Focus shares react to the funding news while Brahma AI work continues; peers drift on mood with no earnings change.

Medium term

Brahma AI build progress and early enterprise pilots decide whether the capital turns into revenue or remains a promise.

Short term

Focus shifts to round closure, subsidiary terms, and how the $150 million will be spent on product and hiring.

Who it hits first

  • Zee Entertainment gains Indian broadcast rights for the 2026 and 2030 FIFA World Cups, giving ZEEL a short-term sentiment boost and a sports-advertising monetisation opportunity against an estimated $30-35 million rights cost.

Who may gain

  • Ad agencies, sports advertisers and distribution partners may benefit from higher campaign activity around FIFA programming, while rival broadcasters face some ad-wallet competition during the tournament window.

Along the supply chain

Downstream

Downstream impact flows through advertisers, distributors, OTT/broadcast audiences and affiliate partners tied to World Cup viewership monetisation.

Upstream

No direct upstream commodity or manufacturing link; the main upstream exposure is content-rights acquisition cost paid for FIFA broadcast rights.

Where demand moves

Business

Sports-viewing demand and brand advertising budgets can shift toward ZEEL during FIFA World Cup programming, especially near the 2026 event cycle.

Capital

Short-term capital rotation can favor ZEEL on event-led sentiment, while weaker listed media peers may see relative underperformance if investors price ad-budget diversion.

How it spreads across sectors

Media, Entertainment & Publication

The event raises investor attention on sports broadcasting rights, but benefits are concentrated in ZEEL while peers face mixed effects from ad-budget competition and valuation comparison.

When it plays out

Immediate

In 1-7 days, ZEEL can see sentiment-led trading strength while investors reassess rights cost versus ad-revenue potential.

Medium term

Over 1-6 months, valuation impact depends on confirmed advertising commitments, distribution execution and margin visibility for the FIFA rights cycle.

Short term

Over 1-4 weeks, focus shifts to management commentary, monetisation plan, sponsor pipeline and whether the initial share-price rally holds.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Splits, bonuses & buybacks

  • daily-prices repair: 9 rows from NSE's archive (replace 1, delete 1, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.