TV Today Network Limited, incorporated in 1999, is a prominent media and entertainment company engaged in radio broadcasting and television programming and broadcasting activities. Headquartered in Noida, India, with its registered office in New Delhi, the company is a key part of the prestigious India Today Group. It has established itself as one of India's leading television news broadcasting networks. The company operates across Television Broadcasting, Radio Broadcasting, and Digital Broadcasting segments. It airs popular news and current affairs channels including Aaj Tak, Dilli Aaj Tak, and Tez in Hindi, and India Today in English. Furthermore, it operates three radio stations under the brand ISHQ 104.8 FM in Delhi, Mumbai, and Kolkata.
TV Today Network operates through multiple business verticals, functioning as a diversified media conglomerate. Its primary segments include Television and other media operations, and Radio broadcasting. The company broadcasts four prominent news channels: Aaj Tak, Aaj Tak HD, India Today TV, and Good News Today. Embracing digital transformation, TV Today Network has also introduced "Sana," its artificial intelligence (AI) anchor, who appears in various formats across broadcast and digital platforms.
The broadcasting business remains the core revenue generator. The company broadcasts 24-hour news channels such as Aaj Tak, Good News Today, and Aaj Tak HD in Hindi, alongside India Today Television in English. TVTN has also expanded its digital footprint by acquiring the digital operations business of Living Media India Limited and developing new online properties. The digital business encompasses the Aaj Tak and India Today websites, complemented by various social media and online video channels.
As of June 24, 2025, TV Today Network Ltd (TVTODAY) holds a market capitalization of approximately ₹1,016-1,017 Crores, with its stock trading at ₹168.72 per share. The company has demonstrated notable financial performance in recent periods.
For the financial year 2025 (FY25), the news television network, which owns popular channels like Aaj Tak, India Today, and Good News Today, reported a net profit of ₹74.83 Crores, an increase from ₹56.39 Crores in the previous fiscal. Driven in part by the 2024 Lok Sabha elections, TVTN's total income surpassed ₹1,000 Crores for the first time, reaching ₹1,038.73 Crores in FY25, marking a 6.7% rise from ₹973.56 Crores in FY24.
- Market Cap: ₹1,016 - ₹1,017 Crores
- Current Share Price: ₹168.72
- P/E Ratio: 13.60
- P/B Ratio: 1.14
- Dividend Yield (TTM): 4.94%
- Current Dividend Yield: 1.76%
- ROE (3-year average): 8.71%
- Revenue Growth (5-year CAGR): 2.98%
The company's recent quarterly performance shows a mixed trend. For the quarter ended March 2025, net profit declined by 46.34% to ₹6.15 Crores compared to ₹11.46 Crores in the corresponding quarter of the previous year (March 2024). Sales saw a marginal increase of 0.73% to ₹249.17 Crores in the March 2025 quarter, up from ₹247.37 Crores in the March 2024 quarter.
However, the quarter ended September 2024 presented a more positive picture. Net profit rose by 17.61% to ₹8.35 Crores, up from ₹7.10 Crores in the September 2023 quarter. Sales, however, declined by 3.32% to ₹206.77 Crores in the September 2024 quarter, compared to ₹213.86 Crores in the September 2023 quarter.
The 52-week high for TV Today Network Ltd (TVTODAY) is ₹308.00, while the 52-week low is ₹147.52, indicating significant volatility. Over the past week, the stock has seen a minor decrease of −0.16%, with a monthly change showing a 0.25% rise. On a year-on-year basis, TVTODAY has experienced a decrease of −29.80%.
The stock exhibits moderate volatility. The TVTODAY stock's volatility is recorded at 2.49%, with a beta coefficient of 0.99. A beta close to 1 suggests that the stock's price movements generally align with the broader market.
TV Today Network adheres to a consistent annual dividend policy. The last dividend per share declared was ₹8.50 INR. As of today, the Trailing Twelve Months (TTM) Dividend Yield is 4.94%, with the current dividend yield standing at 1.76%. An investment of ₹1,000 in the stock is estimated to generate an annual dividend of approximately ₹17.60.
The company demonstrates strong operational efficiency, with its Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) standing at ₹935.00 Million INR and a current EBITDA margin of 10.05%. TV Today Network maintains a healthy financial position with a significantly reduced debt level and is considered almost debt-free.
While the company has reported a modest sales growth of 2.98% over the past five years and a low 3-year average Return on Equity (ROE) of 8.71%, its debt-free status and strong balance sheet enable it to report stable earnings growth across economic cycles.
Promoter Holding of 58.4% underscores strong promoter confidence in the company's future prospects. TV Today Network maintains high corporate governance standards. CRISIL has reaffirmed the company's credit rating for its bank facilities at CRISIL AA / CRISIL A1+, although the outlook on the rating has been revised from Stable to Negative.
Over the last five years, TV Today Network's revenue has grown at a yearly rate of 4.91%, which is slightly lower than the industry average of 5.74%. The company's market share has seen a slight decrease from 4.01% to 3.86% over the same period, indicating some competitive pressure within the news broadcasting sector. Despite this, the company remains a leading player in the Indian news broadcasting industry.
TV Today Network is well-positioned to capitalize on India's growing digital media consumption. Analyst price estimates for TVTODAY suggest a future price target with a maximum estimate of ₹200.00 INR and a minimum estimate of ₹200.00 INR. Further analysis of the TVTODAY stock chart and detailed forecasts can provide deeper insights into its potential trajectory.
TV Today Network Ltd presents a solid investment opportunity within the Indian media and entertainment sector, supported by strong brand recognition, diversified revenue streams, and a debt-free balance sheet. While it faces challenges from digital disruption and intense competition, its established market position and consistent dividend payments make it an attractive option for investors seeking exposure to India's evolving media landscape.
