TV18 Broadcast Share Price

TV18 Broadcast Limited is a leading media company that owns and operates many national and regional news television channels. The Mumbai headquartered company belongs to the Network18 Group.

It operates one of India's largest news networks, covering business, general and regional news segments. Famous brands such as CNBC-TV18, News18 India and CNN News18 are its integral parts.

The market capitalisation of TV18 Broadcast Ltd stood at more than ₹8,800 crore as of December 26, 2023. TV18 share price has gained over 65% in the last three years.

Business operations

The company's business segments include the news broadcasting, entertainment and OTT platforms.

News Broadcasting

This division includes the ownership and operation of national and regional news channels under the News18 Network. The national channels of the network are CNN-News18 (English), News18 India (Hindi). TV18 has regional channels in most Indian languages. The company also owns digital news platforms like Firstpost.com, News18.com and News18India.com.

Entertainment channels

In this segment, the company owns and operates MTV, VH1, Nickelodeon and Colors.

TV18's subsidiary, Viacom 18 Media Private Limited, manages many entertainment and sports TV channels. The TV network under Viacom18 umbrella includes channels featuring general entertainment and movies in Hindi and regional languages, as well as sports, English entertainment, music and kids' entertainment channels.

Viacom 18 also owns Voot, an OTT platform which offers premium and exclusive content. AETN18 Media Private Limited, TV18's infotainment section, operates History TV18.

TV18 and Viacom 18 also jointly own IndiaCast, a multi-platform content asset monetisation firm. IndiaCast focuses on distributing high-quality Indian content globally, managing distribution, placement and content syndication for the Group's channels and content in both domestic and international markets.

In domestic markets, IndiaCast oversees the distribution of Viacom18, TV18, and AETN18's channels across various platforms like cable, DTH, HITS, IPTV and Digital (OTT/Telcos). It focuses on ensuring availability and reach for all channels by handling carriage and placement.

TV18 Broadcast Limited's portfolio includes 20 domestic TV news channels that span 16 languages. It manages a collection of 10 regional language TV entertainment channels, catering to diverse audiences across the nation. The company's OTT platform features content available in 10 languages.

In April 2023, Jio Cinema also officially became a part of the Viacom18 portfolio following the completion of a strategic partnership transaction involving Reliance, Bodhi Tree Systems and Paramount Global.

JioCinema attracts a monthly reach of 240 million, according to TV18's annual report for FY23. TV18 reaches 700 million TV viewers every month, which accounts for around 80% of Indian television households.

TV18 Broadcast Limited has India's largest TV news portfolio and it captures an 11.7% share of viewership. It has a 10.3% share of viewership in the non-news category.

Financial Highlights

• The company’s revenue from operations for FY23 stood at ₹5,912 crore, up 7% from ₹5,526 crore in FY22.
• The company's net profit decreased by 86.2% to ₹127.77 crore in FY23 from ₹926.24 crore in FY22.
• Its net profit margin dropped to 2.1% in FY23 as against 16.5% in FY22.
• In FY23, the operating earnings before interest, taxes, depreciation and amortisation (EBITDA) fell 81% to ₹194 crore from the previous year's ₹1,039 crore.
• The company's earnings per share (EPS) stood at ₹0.68 in FY23 compared to ₹3.41 in the previous financial year.