Sun TV Network Ltd
Sun TV Network Ltd
Consumer DiscretionaryKey Fundamentals
SmallcapTV Broadcasting & MediaMediaInsights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Sun TV Network Ltd insights
28 extracted metrics + investor summaries across FY15–FY26.
Tapetide Score
Data-driven rating, 0–100. How it works →
Technical Indicators
Key Insights
Strengths
2- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 34.4%
Weaknesses
2- The company has delivered a poor sales growth of 6.41% over past five years.
- Working capital days have increased from 245 days to 596 days
Growth Rate
AI Analysis — Bull vs Bear
Sun TV Network Ltd trades at a market cap of ₹19,176 Cr with a PE of 12.6x and dividend yield of 2.56%. The company is virtually debt-free but has seen compounded profit decline of -8% TTM and a sharp deterioration in working capital days from 245 to 596 days, while sales grew 13% TTM after a prolonged period of low single-digit growth.
- Nearly debt-free balance sheet provides financial flexibility and reduces interest cost burden
- Attractive valuation at PE of 12.6x, well below broader market multiples for media companies
- Healthy dividend yield of 2.56% with a consistent payout ratio of 34.4%, indicating shareholder-friendly capital allocation
- TTM sales growth of 13% marks a notable acceleration versus the 5-year CAGR of 6%
- 10-year ROE average of 20% demonstrates historically strong capital efficiency
- Price-to-book ratio of 1.52x is modest for a dominant regional broadcaster with entrenched market position
- 10-year compounded profit growth of 7% shows the business has generated long-term earnings expansion despite recent weakness
- Low debt and high dividend payout suggest strong free cash flow generation capability
- Working capital days have ballooned from 245 to 596 days, signaling significant deterioration in cash conversion and potential receivables collection issues
- TTM compounded profit declined -8%, indicating earnings are contracting despite revenue growth
- Stock CAGR of -16% over the past 1 year and -4% over 3 years reflects sustained negative price momentum
- 5-year compounded profit growth of 0% shows the company has failed to grow earnings over a meaningful period
- 5-year compounded sales growth of only 6.41% indicates structurally low revenue expansion
- Last year ROE of 12% represents a significant decline from the 10-year average of 20%, suggesting deteriorating return profile
- 10-year stock CAGR of 0% means shareholders have earned no capital appreciation over a decade
- 3-year profit CAGR of -4% indicates a sustained earnings downtrend rather than a one-off decline
This is AI-generated analysis, not financial advice. Do your own due diligence.
AI News Digest
- Q1FY27 PAT surges 16% YoY Aug 12
Standalone PAT rose 16% YoY to ₹611.97 crore in Q1FY27, driven by cricket franchise income. Board declared interim dividend of ₹5 per share.
- Interim dividend record date set Aug 7
Record date fixed as August 18, 2026 for the first interim dividend of FY2027, with Board declaration scheduled for August 12, 2026.
- Subsidiary approves bonus issue Jul 22
SunRisers Leeds Limited approved issuing 99,999 bonus equity shares to Sun TV Network, bringing parent's holding to 1,00,000 shares post-issue.
TL;DR: Sun TV Network delivered strong Q1FY27 earnings with a 16% PAT jump powered by cricket franchise revenues, and rewarded shareholders with a ₹5 interim dividend. No material headwinds are visible in recent news flow. The subsidiary bonus issue is a minor corporate housekeeping event. The trend is stable-to-positive, with sports franchise monetisation providing earnings upside going forward.
Quarterly Results
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,349 | 1,048 | 923 | 961 | 1,314 | 936 | 829 | 942 | 1,290 | 1,300 | 862 | 883 | 1,458 |
| Expenses | 552 | 321 | 334 | 438 | 595 | 395 | 384 | 527 | 674 | 546 | 443 | 492 | 723 |
| Operating Profit | 797 | 728 | 589 | 523 | 719 | 541 | 445 | 414 | 617 | 754 | 420 | 391 | 735 |
| OPM % | 59% | 69% | 64% | 54% | 55% | 58% | 54% | 44% | 48% | 58% | 49% | 44% | 50% |
| Other Income | 122 | 112 | 140 | 142 | 149 | 172 | 146 | 184 | 189 | 140 | 133 | 33 | 179 |
| Interest | 3 | 2 | 2 | 2 | 2 | 4 | 4 | 4 | 4 | 4 | 3 | 3 | 1 |
| Depreciation | 90 | 219 | 115 | 108 | 113 | 196 | 113 | 118 | 108 | 404 | 113 | 98 | 96 |
| PBT | 827 | 619 | 612 | 555 | 753 | 513 | 474 | 477 | 694 | 486 | 436 | 323 | 818 |
| Tax % | 28% | 25% | 26% | 25% | 26% | 20% | 23% | 22% | 24% | 27% | 26% | 28% | 24% |
| Net Profit | 592 | 465 | 454 | 415 | 560 | 409 | 364 | 371 | 529 | 355 | 324 | 232 | 619 |
| EPS in Rs | 15.02 | 11.79 | 11.52 | 10.52 | 14.19 | 10.39 | 9.22 | 9.41 | 13.43 | 8.99 | 8.22 | 5.89 | 15.7 |
Profit & Loss
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2,395 | 2,474 | 2,646 | 2,963 | 3,783 | 3,520 | 3,177 | 3,585 | 3,772 | 4,282 | 4,015 | 4,335 | 4,502 |
| Expenses | 718 | 1,253 | 874 | 959 | 1,176 | 1,248 | 1,111 | 1,306 | 1,379 | 1,644 | 1,886 | 2,152 | 2,203 |
| Operating Profit | 1,678 | 1,221 | 1,772 | 2,004 | 2,607 | 2,272 | 2,065 | 2,279 | 2,393 | 2,638 | 2,129 | 2,183 | 2,300 |
| OPM % | 70% | 49% | 67% | 68% | 69% | 65% | 65% | 64% | 63% | 62% | 53% | 50% | 51% |
| Other Income | 99 | 677 | 181 | 165 | 242 | 260 | 306 | 256 | 380 | 515 | 640 | 493 | 485 |
| Interest | 2 | 2 | 1 | 1 | 2 | 13 | 27 | 33 | 9 | 9 | 13 | 14 | 12 |
| Depreciation | 615 | 497 | 400 | 450 | 663 | 700 | 404 | 306 | 486 | 532 | 539 | 723 | 711 |
| PBT | 1,159 | 1,399 | 1,551 | 1,718 | 2,185 | 1,819 | 1,941 | 2,195 | 2,278 | 2,613 | 2,217 | 1,939 | 2,062 |
| Tax % | 32% | 34% | 34% | 34% | 34% | 24% | 21% | 25% | 25% | 26% | 23% | 26% | — |
| Net Profit | 796 | 922 | 1,031 | 1,136 | 1,434 | 1,385 | 1,525 | 1,642 | 1,707 | 1,926 | 1,704 | 1,441 | 1,530 |
| EPS in Rs | 19.84 | 23.39 | 26.14 | 28.8 | 36.37 | 35.15 | 38.7 | 41.66 | 43.3 | 48.85 | 43.21 | 36.53 | 38.8 |
| Div. Payout % | 57% | 66% | 38% | 35% | 21% | 71% | 13% | 33% | 35% | 34% | 35% | 34% | — |
Balance Sheet
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 | 197 |
| Reserves | 3,151 | 3,277 | 3,831 | 4,491 | 5,329 | 5,527 | 6,857 | 7,958 | 9,075 | 10,339 | 11,450 | 12,446 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 80 | 95 | 63 | 38 | 124 | 106 |
| Other Liabilities | 397 | 285 | 350 | 585 | 670 | 782 | 812 | 648 | 814 | 847 | 866 | 1,092 |
| Total Liabilities | 3,745 | 3,759 | 4,378 | 5,273 | 6,197 | 6,507 | 7,946 | 8,898 | 10,148 | 11,421 | 12,636 | 13,841 |
| Fixed Assets | 1,179 | 845 | 1,225 | 1,153 | 1,112 | 1,145 | 946 | 1,791 | 1,729 | 1,707 | 1,572 | 3,395 |
| CWIP | 2 | 1 | 2 | 49 | 13 | 66 | 146 | 244 | 131 | 145 | 344 | 31 |
| Investments | 506 | 636 | 1,148 | 2,147 | 2,801 | 2,692 | 3,504 | 3,589 | 5,512 | 7,061 | 8,303 | 7,821 |
| Other Assets | 2,058 | 2,278 | 2,004 | 1,923 | 2,271 | 2,603 | 3,351 | 3,274 | 2,775 | 2,508 | 2,418 | 2,595 |
| Total Assets | 3,745 | 3,759 | 4,378 | 5,273 | 6,197 | 6,507 | 7,946 | 8,898 | 10,148 | 11,421 | 12,636 | 13,841 |
Cash Flow
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating | 1,162 | 1,299 | 1,296 | 1,371 | 1,824 | 1,656 | 1,464 | 1,634 | 2,096 | 2,171 | 1,663 | 1,802 |
| Investing | -518 | -401 | -716 | -1,294 | -1,113 | -406 | -1,152 | -1,026 | -1,553 | -1,313 | -1,064 | -1,311 |
| Financing | -635 | -737 | -475 | -475 | -596 | -1,222 | -249 | -603 | -631 | -697 | -618 | -525 |
| Net Cash Flow | 9 | 160 | 104 | -398 | 115 | 27 | 63 | 5 | -88 | 161 | -19 | -35 |
| Free Cash Flow | 723 | 1,259 | 763 | 856 | 1,270 | 996 | 1,235 | 504 | 1,775 | 1,660 | 1,280 | -409 |
| CFO/OP | 92 | 145 | 101 | 96 | 98 | 92 | 97 | 102 | 112 | 106 | 105 | 105 |
Ratios
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 115 | 115 | 107 | 131 | 109 | 142 | 165 | 149 | 143 | 107 | 111 | 121 |
| Cash Conversion Cycle | 115 | 115 | 107 | 131 | 109 | 142 | 165 | 149 | 143 | 107 | 111 | 121 |
| Working Capital Days | 113 | 137 | 89 | 89 | 78 | 102 | 102 | 106 | 87 | 70 | 70 | 596 |
| ROCE % | 35% | 32% | 41% | 39% | 42% | 30% | 29% | 27% | 25% | 26% | 20% | 17% |
Documents
Frequently Asked Questions about Sun TV Network Ltd
What does Sun TV Network Ltd do?
Where is Sun TV Network Ltd (SUNTV) listed?
Which sector does Sun TV Network Ltd belong to?
What is the market capitalisation of Sun TV Network Ltd?
What is the PE ratio of Sun TV Network Ltd?
What is the 52-week high and low of Sun TV Network Ltd?
Does Sun TV Network Ltd pay dividends?
What is the Return on Equity (ROE) of Sun TV Network Ltd?
How can I research Sun TV Network Ltd on Tapetide?
Company Information
Sun TV Network was established in 1985 as Sumangali Publications Private Limited and was later renamed as Sun TV Network Limited. Sun TV, the flagship channel of the company, was started in 1993. STNL is primarily involved in television broadcasting. Besides, it produces/distributes movies under the banner Sun Pictures[1]