Sun TV Network Share Price
SUNTV
Sun TV Network Share Price Chart
About Sun TV Network
Sun TV Network Financials
Market cap ₹30,181 Crs | Open ₹763.00 | Close ₹765.85 |
Circuit range ₹842.40 - ₹689.30 | Day range ₹752.20 - ₹768.90 | Year range ₹567.60 - ₹921.00 |
Volume 3,16,381 | Avg. traded ₹759.66 | Revenue (12m) ₹4,131 Crs |
Sun TV Network Limited is an Indian television broadcaster operating through the media and entertainment segment. It also has business interests in radio software programming. The company operates satellite television channels across six languages to viewers in India, Sri Lanka, Canada, South Africa, the Middle East, Europe, the United Kingdom, Australia, Singapore and Malaysia. The company's flagship channel is Sun TV. It owns other channels like Surya TV, Gemini TV, Udaya TV, Sun Bangla and Sun Marathi.
The company is also the co-owner of the Indian Premier League franchise Sunrisers Hyderabad.
Business operations
Sun TV Network, incorporated in 1985, originally started as a Tamil satellite channel before making forays into the Telugu, Malayalam, Kannada, Marathi and Bengali languages. The network started operation as part of a time-sharing arrangement with ATN before becoming 24-channel in 1995. The company launched its first Malayalam channel Surya TV in 1998. Sun News, a news and current affairs-based channel, was also launched in 1998.
In 2002, the company introduced KTV, a 24-hour film-based Tamil channel. Two years later, Sun Music launched the first 24-hour Tamil music channel. In 2003, the company launched the first FM channel in Tamil.
The network introduced a 24-hour film and music channel in Malayalam under the name Kiran TV in 2005. In 2006, Sun TV Ltd launched 3 more FM radio stations, under the brand S FM.
Sun TV signed an exclusive Cable and satellite channels agreement with Nimbus Communications Ltd in 2007. The company through its subsidiary, South Asia FM Ltd (SAFL), entered into a strategic alliance with Red FM to further its radio broadcasting business in the North West and East Indian markets.
In 2008, Sun TV Network Ltd announced its entry into Film Production through its new division Sun Pictures.
Sun TV Network, in 2009, announced a restructuring of its distribution business and team with the creation of two verticals. One division focused on managing the South Indian operations and the international business. The second focused division on expanding the SUN TV bouquet into the North West and Eastern Markets of India.
Focusing on the international market, Sun TV Network, in 2010, appointed Global Media Management LLC and World Media Connect LLC to manage its distribution and advertising business respectively in North America.
In 2017, the company launched a new digital content platform Sun NXT offering TV programmes in Tamil Telugu Malayalam and Kannada.
The company started the transmission of a new Bengali general entertainment channel SUN Bangla in 2019.
Sun TV Network Ltd's market capitalisation was over ₹28,000 crore as of December 30, 2023. Sun TV share price has gained 47% in the last three years.
Financial highlights
- The company’s total income in FY23 stood at ₹4,149.10 crore compared to ₹3,840.79 crore in FY22.
- Sun TV reported a net profit of ₹1,706.9 crore in FY23 as against ₹1,641.9 crore in FY22.
- The company made an expenditure of ₹1,874.47 crore in FY23.
- The EBITDA (earnings before interest, taxes, depreciation and amortisation) stood at ₹2,392.99 crore in FY23.
- The earnings per share (EPS) stood at ₹42.49 in FY23 as against ₹41.74 in FY22.
Sun Tv Network Key indicators
52 week high ₹921.00 | 52 week low ₹567.60 | P/E ratio 16.43 |
P/B ratio 2.67 | ROE 19.24% | ROCE 26.2% |
Dividend yield 2.19% | Debt/Equity ratio | EPS 47.58 |
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Analyst ratings:
Analyst ratings:
50%
Hold
33%
Sell
17%
This analysis is based on the reviews of 12 experts in the last 7 days
Sun TV Network Fundamentals
Sun TV Network Financial Ratios
Operating profit margin73.94% | Net profit margin45.2% |
ROE19.24% | ROA18.08% |
ROCE26.2% |
Quick ratio8.04 | Current ratio8.04 |
Interest coverage557.45 | Asset turnover0.4 |
Debt to Equity0 |
P/E ratio16.43 | P/B ratio2.67 |
EV / EBITDA7.6 | |
Dividend yield2.19% |
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Revenue statement
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Cash flow
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Balance sheet
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Sun Tv Network Share Price history
Day | Open | Close | Change % |
---|---|---|---|
Fri, Dec 6 2024 | ₹763.30 | ₹765.85 | -0.03% |
Thu, Dec 5 2024 | ₹772.05 | ₹766.10 | -0.45% |
Wed, Dec 4 2024 | ₹780.00 | ₹769.60 | -0.63% |
Tue, Dec 3 2024 | ₹759.80 | ₹774.50 | |
Mon, Dec 2 2024 | ₹759.00 | ₹757.00 | -0.18% |
Fri, Nov 29 2024 | ₹747.05 | ₹758.40 | |
Thu, Nov 28 2024 | ₹747.00 | ₹746.20 | -0.78% |
Wed, Nov 27 2024 | ₹751.35 | ₹752.05 |
Events
Corporate actions
Dividend • ₹5/share
Ex date 26 Nov 2024
Dividend • ₹0/share
Ex date 20 Aug 2024
Dividend • ₹3/share
Ex date 08 Apr 2024
Dividend • ₹2.5/share
Ex date 23 Feb 2024
Dividend • ₹5/share
Ex date 21 Nov 2023
Dividend • ₹6.25/share
Ex date 22 Aug 2023
Dividend • ₹2.5/share
Ex date 21 Mar 2023
Dividend • ₹3.75/share
Ex date 13 Feb 2023
Dividend • ₹3.75/share
Ex date 18 Nov 2022
Dividend • ₹5/share
Ex date 23 Aug 2022
Dividend • ₹5/share
Ex date 17 Mar 2022
Dividend • ₹2.5/share
Ex date 17 Feb 2022
Dividend • ₹2.5/share
Ex date 12 Nov 2021
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Sun TV Network Futures & Options
Expiry dates | Current price | Change % |
---|---|---|
SUNTV 880 CE 26 DEC 24 | ₹0.60 | |
SUNTV 800 CE 26 DEC 24 | ₹4.50 | -₹2.85 (-38.78%) |
SUNTV 660 PE 26 DEC 24 | ₹0.55 | |
SUNTV 770 CE 26 DEC 24 | ₹11.70 | -₹6.20 (-34.64%) |