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TV Today Network Ltd

TVTODAY
NSE
113.57
0.98%
Last Updated:
30 Apr '26, 4:00 PM
Company Overview
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TV Today Network Ltd

TVTODAY
NSE
113.57
0.98%
30 Apr '26, 4:00 PM
Company Overview
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6M
Price
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Quick Ratios

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Mkt Cap
Market Capitalization
678Cr
Close
Close Price
113.57
Industry
Industry
Entertainment & Media
PE
Price To Earnings
59.15
PS
Price To Sales
0.80
Revenue
Revenue
846Cr
Rev Gr TTM
Revenue Growth TTM
-15.02%
PAT Gr TTM
PAT Growth TTM
-85.75%
Peer Comparison
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TVTODAY
VS

Quarterly Results

Upcoming Results on
15 May 2026
Consolidated
Standalone
Numbers
Percentage
QuarterMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue
RevenueCr
217223214263247309207232249198186212
Growth YoY
Revenue Growth YoY%
-10.42.11.113.613.938.8-3.3-11.80.7-35.8-10.2-8.4
Expenses
ExpensesCr
196209202222224237198220245194179200
Operating Profit
Operating ProfitCr
21131241247291244613
OPM
OPM%
9.96.05.515.79.623.24.35.21.72.13.36.0
Other Income
Other IncomeCr
-2109109101311121410-5
Interest Expense
Interest ExpenseCr
111111111100
Depreciation
DepreciationCr
1010101198988887
PBT
PBTCr
81210392373111581080
Tax
TaxCr
23310619342322
PAT
PATCr
6972911518967-20
Growth YoY
PAT Growth YoY%
-83.6-75.0-64.45.495.9485.217.8-70.0-46.3-85.7-123.9-101.6
NPM
NPM%
2.73.93.311.14.616.64.03.82.53.7-1.1-0.1
EPS
EPS
1.01.51.24.91.98.61.41.51.01.2-0.30.0

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue
RevenueCr
477582652721742857783930878936993846
Growth
Revenue Growth%
22.422.012.210.53.015.5-8.718.8-5.66.66.1-14.8
Expenses
ExpensesCr
345420490513543641584686747839893818
Operating Profit
Operating ProfitCr
1321621632082002161992441319710027
OPM
OPM%
27.627.824.928.826.925.225.426.314.910.410.13.2
Other Income
Other IncomeCr
23-1030113743374434384631
Interest Expense
Interest ExpenseCr
168413233322
Depreciation
DepreciationCr
303129313239404241353230
PBT
PBTCr
1231151551832042181942431209711126
Tax
TaxCr
42535464727962623226288
PAT
PATCr
816210011913113913218288718211
Growth
PAT Growth%
32.1-23.862.618.410.56.0-5.638.0-51.4-19.616.1-86.2
NPM
NPM%
17.010.615.416.517.716.316.819.510.17.68.31.4
EPS
EPS
13.610.316.819.922.023.422.030.414.87.011.51.9

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
Equity CapitalCr
303030303030303030303030
Reserves
ReservesCr
4204425516327488429611,128799838861854
Current Liabilities
Current LiabilitiesCr
114155170160166199199224212232226179
Non Current Liabilities
Non Current LiabilitiesCr
132117131021193032271612
Total Liabilities
Total LiabilitiesCr
5776477688349531,0921,2081,4111,0731,1271,1331,075
Current Assets
Current AssetsCr
2713805084566527618111,126829897793596
Non Current Assets
Non Current AssetsCr
306268260378301331397286244229340478
Total Assets
Total AssetsCr
5776477688349531,0921,2081,4111,0731,1271,1331,075

Cash Flow

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow
Operating Cash FlowCr
78-361201521252011662354115122
Investing Cash Flow
Investing Cash FlowCr
-490-103-94-104-15-166-21137135-74
Financing Cash Flow
Financing Cash FlowCr
-18-13-16-59-14-168-17-22-427-28-61
Net Cash Flow
Net Cash FlowCr
11-4910717-172-1522-14
Free Cash Flow
Free Cash FlowCr
21-421066810218814620911-4106
CFO To PAT
CFO To PAT%
96.2-57.8119.5127.895.0143.9126.1129.746.221.3147.5
CFO To EBITDA
CFO To EBITDA%
59.2-22.173.973.262.692.983.396.331.015.6121.9

Ratios

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
1,2901,8441,5382,9221,8799871,5912,2121,0801,263933
Price To Earnings
Price To Earnings
16.329.115.124.614.37.112.112.212.222.412.5
Price To Sales
Price To Sales
2.73.22.44.02.51.12.02.41.21.40.9
Price To Book
Price To Book
2.93.92.64.42.11.11.61.91.31.51.1
EV To EBITDA
EV To EBITDA
9.110.57.913.18.04.06.88.48.010.86.7
Profitability Ratios
Profitability Ratios
GPM
GPM%
100.099.399.599.699.699.7100.0100.0100.0100.0100.0
OPM
OPM%
27.627.824.928.826.925.225.426.314.910.410.1
NPM
NPM%
17.010.615.416.517.716.316.819.510.17.68.3
ROCE
ROCE%
27.224.227.428.326.224.719.520.714.311.012.4
ROE
ROE%
18.013.117.318.016.916.013.315.710.78.29.3
ROA
ROA%
14.09.513.114.313.812.810.912.98.26.37.3
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Overview** TV Today Network Ltd (TVTN), a leading entity within the **India Today Group**, stands as a pioneering, multi-platform media powerhouse in India. With a heritage spanning over five decades, the company operates across **television, digital, radio, podcasts, live events, and OTT content**, serving a diverse national and international audience. As of August 2025, TVTN is undergoing a strategic transformation into a **unified, future-ready media organization**, integrating technology, content, and platforms to deliver unparalleled audience engagement and advertiser value. --- ### **Strategic Transformation & Business Model** TVTN is moving beyond traditional media silos through an **enterprise-wide operating model**, leveraging digital acceleration, AI innovation, and omnichannel distribution to become a **cultural institution and strategic brand partner**. The company is transitioning from rapid digital expansion to a **sustainable, lean, and tech-driven growth phase**, emphasizing operational efficiency, content scalability, and monetization optimization. Key strategic pillars include: - **Digital-First Approach**: Deep investment in mobile-first, social-native content and owned platforms. - **Integrated Sales Model**: An enterprise-wide client engagement strategy offering advertisers seamless access across TV, digital, CTV, podcasts, and live events. - **Cultural Relevance**: A mission to spark public dialogue and reflect India's diversity through storytelling that resonates across languages, generations, and geographies. --- ### **Core Platforms & Audience Reach** #### **Television** TVTN operates four TV channels: - **Aaj Tak** (Hindi News) – India’s #1 Hindi news channel for 23 consecutive years (BARC). - **Aaj Tak HD** – High-definition extension of Aaj Tak. - **India Today TV** – Leading English news channel; #1 in time spent per viewer. - **Good News Today (GNT)** – Positive journalism channel, now second-highest reach among Hindi free-to-air news channels. In FY 2023–24, the network reached **54.1 crore viewers**, averaging 24.8 crore monthly, with **Aaj Tak generating 100 crore gross impressions** among affluent urban audiences (HSM 22–40 AB). #### **Digital Ecosystem** TVTN boasts a **cumulative digital reach of 327 million users**, generating **793 million page views** and over **3 billion video views monthly**. - **Aaj Tak**: World’s most-subscribed news channel with **72 million YouTube subscribers**, a custom YouTube button, and **2.02 crore followers on WhatsApp**. - **The Lallantop**: A digital-first Hindi storytelling leader with 33 million subscribers, 3.2 billion YouTube views, and 184 million hours of watch time. - **Tak Ecosystem**: A network of **20+ digital-first brands** including **Crime Tak, Mumbai Tak, Punjab Tak, Kisan Tak**, and **Astro Tak**, delivering vernacular, regional, and niche content. - **Websites**: **aajtak.in**, **indiatoday.in**, and **businesstoday.in** are India’s top news websites, with **aajtak.in ranking #1 in all industries** on SimilarWeb. --- ### **Technology & Innovation Leadership** #### **Artificial Intelligence (AI)** TVTN is a **global leader in AI adoption in media**, transforming editorial, production, and business operations: - **Sana**: World’s first full-time AI news anchor, delivering multilingual news updates on Aaj Tak AI’s YouTube channel. - **Five Regional AI Anchors**: Naina (Bhojpuri), Jai (English), Aishwarya (Hindi), Aaina (Bengali), and Saili (Marathi). - **AI Pop Stars Aishan & Ruh**: Virtual artists under the **A-POP** entertainment venture, blending music, technology, and AI creativity. - **AI Workflows**: Automated translation, summarization, repurposing, voiceovers, and vertical video formatting. Over **500 AI-generated videos/month** produced. - **In-house Ei Dashboard**: Real-time analytics for editorial and business decisions — among India’s most advanced newsroom systems. - **AI in Elections**: AI-powered Election Insights Platform with Rally Tracker (analyzed 200+ speeches) and ground-to-air coverage via “Helicopter Shot.” Future AI Roadmap: AI co-pilots for journalism, autonomous campaign testing, generative scripts, and smart production tools. #### **Connected TV (CTV)** TVTN is the **undisputed leader in CTV**: - Achieved **1.13 billion views and 11.35 billion minutes watched**. - 1.5x more viewer time than nearest competitor. - **66% YoY growth in CTV views (FY 2023–24)**; **518.4 million total minutes viewed**. - Strategic partnerships with **Samsung, Amazon Alexa, and Bosch**. --- ### **Expansion into New Verticals** #### **Live Events: Stage Aaj Tak** Launched in FY 2024–25 as a strategic entry into India’s $1.2B+ live events economy: - Debut: **Yo Yo Honey Singh’s Millionaire India Tour** – 10 cities, **200,000+ attendees**, sold-out shows. - Tech-driven experiences: AI visuals, custom stage designs, immersive storytelling. - Generated **5.5 billion digital impressions**, setting benchmarks in fan engagement. #### **Live Events & Forums** - Two-decade legacy of high-profile **India Today Conclaves**, fostering dialogue among global leaders. - Events combine debate, networking, and immersive content, reinforcing brand authority. #### **Podcasts & Audio** - Launched **Aaj Tak Radio** in 2022; now India's #1 Hindi podcast platform. - 58 episodes/week; 23 podcasts. - **Teen Taal** (Best Hindi Podcast, ENBA Gold), **Din Bhar** (WAN-IFRA Award). - Top 10 on Apple Podcasts News; 5 chart-toppers. - 680% YoY YouTube growth in audio content. #### **OTT & Original Content: India Today Originals** - Production house for high-impact documentaries and fiction. - Netflix & Prime Video titles: - *Curry & Cyanide: The Jolly Joseph Case* (Global Top 10 in 30 countries). - *Buried Truth: The Indrani Mukerjea Story*. - Pipeline includes docu-soaps, docu-reality, and Hindi/regional fiction. - Expanding into **100 hours of Amazon Audible originals**. --- ### **Radio: Ishq 104.8 FM** - Branded as **India’s only romantic radio station**. - Operates in **Delhi, Mumbai, Kolkata**. - Differentiated by emotional content, RJ storytelling, celebrity shows (e.g., *Ishq with Nusrat*). - Expanded into **live concerts**: Grand events with Sonu Nigam, Sunidhi Chauhan. - Reached **20 million social media accounts** in 2024. - Revenue via **consumer ticketing model**, creating direct audience monetization. --- ### **Content Innovation & Audience Engagement** - **Good News Today (GNT)**: Focused on positive journalism; pandemic-born, now mainstream. - **So Sorry**: Award-winning animated satire series with millions of views; cultural phenomenon in political commentary. - **Virtual Sets & AR**: Hyper-realistic visuals for major events (e.g., Ram Mandir Pran Pratishtha: **1.8 million peak concurrent viewers**). - **Data-Driven Journalism**: - **Data Intelligence Unit (DIU)** and **OSINT Team** – recognized globally for investigations (e.g., China-Uttarakhand border, Israel-Hamas). - **#1 video news publisher** in second half of FY 2023–24. - **Interactive Campaigns**: - AR filters (e.g., Bhagat Singh hat on Independence Day: 400K+ users). - Live polls, quizzes, and audience co-creation. --- ### **Geographic & Demographic Reach** - **Pan-India presence** across all 28 states; **20+ regional digital channels**. - International reach in **60 countries**; **12.2% of revenue from exports**. - Digital-first focus on **vernacular audiences** and **youth (18–35)**. - Leadership among **affluent, urban English (India Today TV)** and **mass Hindi (Aaj Tak)** demographics. --- ### **Leadership & Governance** - **Chairman & Whole-Time Director**: Mr. Aroon Purie - **Vice Chairperson & Managing Director**: Ms. Kalli Purie - Leadership has guided the group’s evolution into a **comprehensive digital ecosystem** across broadcast, digital, social, and live events. --- ### **Key Strengths** 1. **Market Leadership**: Dominant in TV, CTV, YouTube, WhatsApp, and digital news. 2. **First-Mover in AI**: From AI anchors to AI pop stars and automated workflows. 3. **Omnichannel Integration**: Seamless content repurposing across 30+ platforms. 4. **Brand Trust & Credibility**: Built on five decades of high-impact journalism. 5. **Scalability**: AI and automation enable rapid content scaling without compromising quality. 6. **Audience-Centric Innovation**: Mobile-first, vernacular, and experiential content strategies. ---