TV18 Broadcast Ltd
About
TV18 is the broadcasting subsidiary of Network18. The company was founded by Ritu Kapur and Raghav Bahl in 1996. TV18 is India’s largest omnichannel news network. It is currently led by Chairman Adil Zainulbhai. The company is headquartered in Mumbai. TV18 reaches over 200 million viewers weekly and boasts a 13% viewership share. Its portfolio is diverse and spans from mobile content, e-commerce, business news, magazines, digital media, and general news, to filmed entertainment. The company has a diverse network of 20 TV channels in 16 languages and 4 online news platforms in 13 languages. Channels including CNN-News18, News18 India, CNBC-TV18, and CNBC Awaaz all operate under TV18’s umbrella. Its parent company Network18 is also the largest shareholder in BookMyShow.
Featured In Fortune India Ranking
Financial Data 2023
Financial Data
| PARAMETERS | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue (INR Cr) | 6085 7.6% | 5657 22.5% | 4619 -12.8% | 5296 5.6% | 5014 218.7% | 1573 53.8% | 1023 6.6% | 959 -59.5% | 2370 18.5% | 2001 14.8% | 1743 8.7% | 1604 95.0% | 823 24.9% | 659 236.7% | 196 - |
| Net Operating Income (INR Cr) | 5912 6.98% | 5526 22.87% | 4498 -13.09% | 5175 4.70% | 4943 235.06% | 1475 50.62% | 979 5.89% | 925 -60.11% | 2318 17.80% | 1968 15.83% | 1699 20.52% | 1410 74.23% | 809 34.08% | 604 230.29% | 183 39.29% |
| Profit (INR Cr) | 116 -80.1% | 585 28.3% | 456 88.0% | 242 45.2% | 167 1620.6% | 10 51.6% | 6 -96.7% | 195 337.4% | 45 -57.0% | 104 - | -25 - | -74 - | -17 - | -110 - | -92 - |
| Assets (INR Cr) | 10709 49.2% | 7178 10.9% | 6473 -1.0% | 6536 11.2% | 5877 16.4% | 5050 38.4% | 3649 -15.6% | 4325 8.2% | 3996 -0.4% | 4013 4.2% | 3851 129.9% | 1675 40.1% | 1196 42.0% | 842 105.6% | 410 - |
| Net Worth (INR Cr) | 4679 -2.1% | 4780 14.0% | 4191 12.3% | 3734 6.7% | 3498 4.7% | 3340 0.3% | 3331 -17.8% | 4053 17.5% | 3448 1.1% | 3410 4.2% | 3272 377.3% | 686 2.9% | 666 91.4% | 348 24.9% | 279 104.6% |
| Employee Cost (INR Cr) | 1011 12.7% | 897 7.3% | 836 -6.4% | 893 -6.5% | 955 122.8% | 429 29.3% | 332 22.7% | 270 -32.3% | 399 40.2% | 285 11.5% | 255 12.0% | 228 88.2% | 121 7.2% | 113 44.3% | 78 - |
| Interest Cost (INR Cr) | 116 | 38 | 88 | 142 | 101 | 27 | 22 | 19 | 48 | 61 | 144 | 120 | 51 | 48 | 21 |
| Cash & Bank Balance (INR Cr) | 227 | 334 | 326 | 114 | 180 | 177 | 12 | 33 | 168 | 288 | 269 | 82 | 204 | 257 | 14 |
| Total Debt (INR Cr) | 4386 | 789 | 1030 | 1775 | 1620 | 1002 | 273 | 230 | 501 | 490 | 550 | 965 | 499 | 472 | 131 |
Key Financial Ratios
| PARAMETERS | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit As % Of Revenues | 1.9% | 10.3% | 9.9% | 4.6% | 3.3% | 0.6% | 0.6% | 20.3% | 1.9% | 5.2% | - | - | - | - | - |
| Profit As % Of Assets | 1.1% | 8.1% | 7.0% | 3.7% | 2.8% | 0.2% | 0.2% | 4.5% | 1.1% | 2.6% | - | - | - | - | - |
| Profit As % Of Networth | 2.5% | 12.2% | 10.9% | 6.5% | 4.8% | 0.3% | 0.2% | 4.8% | 1.3% | 3.0% | - | - | - | - | - |
| Interest Cost to EBITDA % | 60.3% | 3.7% | 10.9% | 20.6% | 32.1% | 45.7% | 71.7% | 14.2% | 248.8% | 33.0% | 128.2% | - | 121.5% | - | - |
| Debt to Equity Ratio | 0.94 | 0.17 | 0.25 | 0.48 | 0.46 | 0.30 | 0.08 | 0.06 | 0.15 | 0.14 | 0.17 | 1.41 | 0.75 | 1.36 | 0.47 |
| RONW | 2.7% | 20.7% | 18.8% | 11.5% | 6.0% | 0.3% | 0.0% | 2.9% | 0.0% | 3.2% | - | - | - | - | - |
| ROCE | 3.3% | 19.2% | 14.4% | 11.9% | 5.2% | 2.1% | 0.0% | 3.2% | 0.0% | 4.7% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |