---
title: "Television Eighteen India Ltd (Merged) (TV-18) — Share Price, Financials & Analysis"
symbol: "TV-18"
company: "Television Eighteen India Ltd (Merged)"
canonical: "https://tapetide.com/stocks/TV-18"
generated_at: "2026-10-13T11:01:23.915Z"
---

# Television Eighteen India Ltd (Merged) (TV-18)

Canonical page: https://tapetide.com/stocks/TV-18

## Company

- **Stock Type:** DELISTED
- **Face Value:** ₹5
- **F&O Eligible:** No

## Latest Price

## Key Insights

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -16.0% over last 3 years.
- Earnings include an other income of Rs.76.5 Cr.
- Working capital days have increased from 132 days to 238 days

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | 33% | — |
| revenue growth | 8% | 28% |

## Financial Statements

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Sales | 152 | 247 | 398 | 483 | 520 |
| Expenses | 82 | 184 | 313 | 622 | 536 |
| Operating Profit | 70 | 64 | 85 | -139 | -16 |
| OPM % | 46 | 26 | 21 | -29 | -3.1 |
| Other Income | 7 | 12 | 31 | 120 | 77 |
| Interest | 12 | 24 | 56 | 119 | 123 |
| Depreciation | 14 | 19 | 33 | 48 | 49 |
| Profit before tax | 51 | 32 | 27 | -186 | -111 |
| Tax % | 25 | -1 | 78 | -5 | 6 |
| Net Profit | 38 | 32 | 4 | -185 | -141 |
| EPS in Rs | — | 5.71 | 0.47 | -13.87 | -6.46 |
| Dividend Payout % | 14 | 35 | 429 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 21 | 28 | 60 | 60 | 90 |
| Reserves | 218 | 268 | 625 | 407 | 845 |
| Borrowings | 185 | 322 | 546 | 978 | 1087 |
| Other Liabilities | 75 | 160 | 266 | 293 | 300 |
| Total Liabilities | 499 | 778 | 1498 | 1738 | 2322 |
| Fixed Assets | 94 | 114 | 282 | 590 | 624 |
| CWIP | 2 | 4 | 6 | 1 | 1 |
| Investments | 179 | 196 | 710 | 588 | 810 |
| Other Assets | 224 | 464 | 500 | 559 | 886 |
| Total Assets | 499 | 778 | 1498 | 1738 | 2322 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 22 | 35 | 112 | -51 | -118 |
| Cash from Investing Activity | -150 | -192 | -693 | -131 | -332 |
| Cash from Financing Activity | 166 | 297 | 570 | 173 | 551 |
| Net Cash Flow | 37 | 140 | -12 | -9 | 102 |
| Free Cash Flow | -12 | 4 | 33 | -127 | -129 |
| CFO/OP | 36 | 67 | 162 | 12 | 620 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 233 | 241 | 182 | 125 | 129 |
| Inventory Days | — | — | — | 103 | 98 |
| Days Payable | — | — | — | 2320 | 2036 |
| Cash Conversion Cycle | 233 | 241 | 182 | -2091 | -1809 |
| Working Capital Days | 275 | 243 | 95 | 63 | 238 |
| ROCE % | — | 10 | 9 | -6 | 1 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 6 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 85.73 | Sell |
| EMA (10) | 85.22 | Sell |
| SMA (20) | 88.41 | Sell |
| EMA (20) | 86.81 | Sell |
| SMA (50) | 88.39 | Sell |
| EMA (50) | 86.39 | Sell |
| SMA (100) | 81.95 | Buy |
| EMA (100) | 84.64 | Sell |
| SMA (200) | 81.59 | Buy |
| EMA (200) | 86.67 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.51 | Neutral |
| MACD (12,26,9) | -1.41 | Sell |
| Stochastic (14,3,3) | 42.75 | Neutral |
| ADX (14) | 29.03 | Buy |
| Williams %R (14) | -54.46 | Neutral |
| ATR (14) | 8 | High Volatility |
| ROC (12) | -6.75 | Sell |
| Stoch RSI (14) | 48.23 | Neutral |
| UO (7,14,28) | 41.27 | Neutral |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T11:01:23.915Z.