Sun TV Network Ltd
SUNTVSun TV Network Ltd is cheap for a reason. The P/E sits at the 28th percentile of its own range, and the quarters are still getting worse.
The sharpest disagreement: the P/E sits at the 28th percentile of its own range, but the engine is deteriorating — cheap for a reason until the quarters turn.
The price is in a downtrend (8 weeks in) while the P/E sits at the 28th percentile of its own 10-year range. Underneath, the last four quarters read deteriorating — profit −37.5% year on year, and 111% of the last 3 years' profit arrived as cash. What settles it: whether the quarters turn before the discount closes.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Sun TV Network Ltd trades at ₹499, in a downtrend and 8 weeks into that stage. That is −10.9% against its own 200-day average. It sits at 8% of a 52-week range of ₹487 to ₹648. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (15 weeks and counting).
Today the stock is in a downtrend — week 8 of stage 4, confirmed. At ₹499 it trades −10.9% versus its 200-day average and sits at 8% of its 52-week range (₹487–₹648).
Against the market, two honest reads. Cumulative: over the last 10.4 years the stock moved +56% while the NIFTY 500 moved +280% — behind the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (15 weeks and counting; last ahead the week of 2026-05-08) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 28th percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Sun TV Network Ltd trades at 12.8× P/E, near the bottom of its own range — cheaper only 28% of the time. Its long-run median P/E is 14.3×, measured across 10.4 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 12.8× is near the bottom of its own range — cheaper only 28% of the time, against a long-run median of 14.3× measured over 10.4 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved −15.5% against a −13.4% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 5y, of the −1.3%/yr price move, ~−0.3%/yr came from earnings growth and ~−1.0 pp from the multiple (compressing); over 10y, of the +2.5%/yr price move, ~+6.7%/yr came from earnings growth and ~−4.2 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: Deteriorating Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Sun TV Network Ltd reads as deteriorating on its fundamental arc. Deteriorating — profit and EPS growth are shrinking (profit growth −15.5% latest against +12.9% at its 12-quarter best), ROCE slipping at 15.9%. The read is built from 12 quarters across 4 curves, on full evidence.
🚨 Why it matters: falling curves mean every cheap-looking ratio below needs a discount for direction.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +8.0% | +4.7% | +6.4% | +5.8% |
| Profit | −15.4% | −5.5% | −1.1% | +4.6% |
| EPS | −15.5% | −5.5% | −1.1% | +4.6% |
| Share price | −13.4% | +0.3% | −1.3% | +2.5% |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
54.1/100 — rank 8 of 25 in Entertainment & Media · 96% evidence confidence
Sun TV Network Ltd scores 54.1 out of 100 against the 25 companies it is compared with in Entertainment & Media, ranking 8. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 16.3 + 20.4 + 12.4 + 5 = 54.1. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Sun TV Network Ltd reported ₹883 Cr of revenue in the Mar 26 quarter, −6.3% year on year. Over 10 years it has compounded at 5.8% a year. The last full year, FY26, came in at ₹4,335 Cr. The last four reported quarters add to ₹4,335 Cr.
Sun TV Network Ltd reported ₹883 Cr of revenue in the Mar 26 quarter, −6.3% year on year. Over 10 years it has compounded at 5.8% a year. The last full year, FY26, came in at ₹4,335 Cr. The last four reported quarters add to ₹4,335 Cr.
FY26 revenue came in at ₹4,335 Cr (+8.0% on the year), capping 10 years at 5.8% compound. The latest quarter (Mar 26) printed ₹883 Cr, −6.3% year on year.
Pace check: the last four quarters averaged +8.7% growth against the decade's 5.8% — the current year is running faster than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +7.8% over the last 4 quarters against +0.6%/yr over the last 8 — accelerating; TTM profit −15.5% vs −13.5%/yr — stabilising.
→ Revenue slipped — did margins hold as it scaled? Next: 44.0% this quarter (+0.0 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Sun TV Network Ltd's operating margin is 44.0% in the Mar 26 quarter, +0.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 49.0% to 70.0%. The current quarter is running below every full year in that window.
Sun TV Network Ltd's operating margin is 44.0% in the Mar 26 quarter, +0.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 49.0% to 70.0%. The current quarter is running below every full year in that window.
The latest quarter's operating margin is 44.0%, +0.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged 49.0%–70.0%.
Why the margin moved: operating margin went +0.3 pp year on year while gross margin went +0.0 pp — the gain came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.
→ Margins held — did that reach the bottom line? Next: profit −37.5% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Sun TV Network Ltd earned ₹232 Cr of net profit in the Mar 26 quarter, −37.5% year on year. Full-year FY26 profit was ₹1,441 Cr. The 10-year compound rate is 4.6%. That is 26.3% of the quarter's revenue. The same quarter a year earlier earned ₹371 Cr.
Sun TV Network Ltd earned ₹232 Cr of net profit in the Mar 26 quarter, −37.5% year on year. Full-year FY26 profit was ₹1,441 Cr. The 10-year compound rate is 4.6%. That is 26.3% of the quarter's revenue. The same quarter a year earlier earned ₹371 Cr.
Mar 26 profit was ₹232 Cr, −37.5% year on year. On the full year, FY26 printed ₹1,441 Cr (−15.4%), and the 10-year compound rate is 4.6%.
🚨 Why profit moved: revenue contributed −6.3% and the margin +0.0 pp — the quarter was revenue-led, with the margin roughly flat.
Pace comparison, last four quarters: profit −16.8% vs revenue +8.7%. Profit is growing slower than sales — costs are eating the growth before it reaches the bottom line.
→ Profit rose — but did the cash follow? Next: 111% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 111% of Sun TV Network Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹1,802 Cr of operating cash against ₹1,441 Cr of profit. After ₹2,233 Cr of capital spending, ₹−431 Cr was left as free cash.
FY26: operating cash of ₹1,802 Cr against reported profit of ₹1,441 Cr, leaving free cash of ₹−431 Cr after ₹2,233 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 111% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why conversion sits at 111%: the cash cycle tightened 44 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner.
Router verdict: the bigger cash user is investment — capital spending ran 1.9× depreciation over three years, so the next section's job is to check what that build-out is buying.
→ So follow the cash to where it goes. Next: ₹3,360 Cr of building over 3 years.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Sun TV Network Ltd's cash conversion cycle runs 121 days in FY26, down from 165 days in FY21. Capital spending ran ₹3,360 Cr over the last 3 years. At FY26 sales of ₹4,335 Cr each day of that cycle holds about ₹11.9 Cr, so roughly ₹1,437 Cr sits inside the business at any moment.
FY26: debtors at 121 days (an asset-light business — no inventory to speak of) — for a full cycle of 121 days, tighter than FY21's 165.
In money terms: at FY26 sales of ₹4,335 Cr, each day of the cycle holds about ₹11.9 Cr — so the 121-day loop keeps roughly ₹1,437 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹3,360 Cr over the last 3 fiscal years against ₹1,794 Cr of depreciation — the company is building well ahead of wear-and-tear. Capital work-in-progress stands at ₹31.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
→ Does all this activity actually earn its cost of capital? Next: ROCE is 17% and the ROIC − WACC spread is +5.6 pp.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
Sun TV Network Ltd earns a ROCE of 17% in FY26. Return on invested capital clears the cost of that capital by +5.6 percentage points, so growth here adds value rather than only size. The wiring behind it is 33.2% net margin on 0.31× asset turns.
FY26 ROCE is 17%.
Why the return is what it is — the wiring (FY26): 33.2% net margin × 0.31× asset turns × 1.09× balance-sheet leverage ≈ 11.2% on equity. Margin is doing the heavy lifting; leverage is modest — this is an earned return, not a borrowed one.
The capstone test — ROIC − WACC: 17.6% − 12.0% = a +5.6 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. A spread this wide means every rupee reinvested creates more than a rupee of value — the engine compounds.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.01.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
Sun TV Network Ltd carries total debt of ₹106 Cr against shareholder equity of ₹12,660 Cr as of Mar 26, a debt-to-equity of 0.01 — effectively unlevered. On the annual view that ratio went from 0.01 in FY22 to 0.01 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.
Mar 26: total debt of ₹106 Cr against shareholder equity of ₹12,660 Cr — a debt-to-equity of 0.01. On the annual view, debt-to-equity went from 0.01 (FY22) to 0.01 (FY26). The returns on this page are earned, not borrowed.
→ Who owns this, and are they adding or leaving? Next: Domestic institutions added 3.1 points over 8 quarters.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Domestic institutions added 3.1 points of Sun TV Network Ltd over 8 quarters, the biggest move on the register. That takes domestic institutions to 11.3% of the company. Foreign institutions moved −2.1 points over the same window, to 5.8%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Domestic institutions: +3.1 points over 8 quarters to 11.3%; Foreign institutions: −2.1 points over 8 quarters to 5.8%; Promoters: +0.0 points over 8 quarters to 75.0%.
Why the register moved: rotation — foreign institutions −2.1 points against domestic institutions +3.1 points over 8 quarters, with promoters holding steady — one class of institutions handing the register to the other, not a verdict change by the people closest to the numbers.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Sun TV Network Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| Sun TV Network Ltd this page | 12.8× | ₹19,188 Cr | Mixed | |||
| Prime Focus Ltd | 95.6× | ₹22,463 Cr | No read | |||
| Amagi Media Labs Ltd | 184.0× | ₹13,176 Cr | — | — | — | — |
| Nazara Technologies Ltd | 11.6× | ₹11,236 Cr | No read | |||
| Nazara Technologies Ltd | 11.6× | ₹11,199 Cr | No read | |||
| PVR Inox Ltd | 32.9× | ₹10,448 Cr | No read | |||
| Zee Entertainment Enterprises Ltd | 36.3× | ₹10,130 Cr | Deteriorating | |||
| Network 18 Media & Investments Ltd | — | ₹4,413 Cr | No read | |||
| City Pulse Multiventures Ltd | 2,154.0× | ₹4,329 Cr | No read | |||
| Hathway Cable & Datacom Ltd | 25.1× | ₹1,905 Cr | Deteriorating | |||
| Media Matrix Worldwide Ltd | 271.0× | ₹1,585 Cr | Turning around | |||
| Den Networks Ltd | 8.7× | ₹1,296 Cr | Deteriorating | |||
| Panorama Studios International Ltd | 80.8× | ₹1,266 Cr | Deteriorating | |||
| Panorama Studios International Ltd | 30.2× | ₹1,116 Cr | Topping out | |||
| Balaji Telefilms Ltd | — | ₹1,024 Cr | No read | |||
| Bright Outdoor Media Ltd | 43.7× | ₹875 Cr | No read | |||
| New Delhi Television Ltd | — | ₹865 Cr | No read | |||
| City Pulse Multiventures Ltd | 426.0× | ₹779 Cr | No read | |||
| T.V. Today Network Ltd | 26.8× | ₹695 Cr | Mixed | |||
| Hindustan Media Ventures Ltd | 4.4× | ₹688 Cr | No read | |||
| GTPL Hathway Ltd | 85.5× | ₹682 Cr | Deteriorating | |||
| H T Media Ltd | 4.3× | ₹565 Cr | No read | |||
| Dish TV India Ltd | — | ₹519 Cr | No read | |||
| Entertainment Network (India) Ltd | 258.0× | ₹504 Cr | No read | |||
| Nila Spaces Ltd | 17.6× | ₹501 Cr | No read | |||
| Zee Media Corporation Ltd | 74.8× | ₹498 Cr | No read | |||
| Basilic Fly Studio Ltd | 9.4× | ₹481 Cr | No read | |||
| DAPS Advertising Ltd | 8.5× | ₹11 Cr | No read |
Frequently asked questions
What is Sun TV Network Ltd's share price today?
Sun TV Network Ltd trades at ₹499, −13.4% over the past year. The company is valued at ₹19,188 Cr. The stock sits at 8% of its 52-week range of ₹487–₹648, −10.9% versus its 200-day average. On the tape, the price is in a downtrend, 8 weeks in. — as of 24 July 2026.
What were Sun TV Network Ltd's latest quarterly results?
Sun TV Network Ltd reported revenue of ₹883 Cr and net profit of ₹232 Cr for the Mar 26 quarter. Revenue fell 6.3% and profit fell 37.5% year on year. Earnings per share were ₹5.89. The operating margin was 44.0%, 0.0 pp higher than a year earlier. — as of 24 July 2026.
What is Sun TV Network Ltd's revenue?
Sun TV Network Ltd reported revenue of ₹883 Cr in the Mar 26 quarter, −6.3% year on year. For the full FY26 fiscal year, revenue was ₹4,335 Cr (+8.0%). Over the last 10 years revenue compounded at 5.8% a year. — as of 24 July 2026.
What is Sun TV Network Ltd's profit?
Sun TV Network Ltd earned ₹232 Cr of net profit in the Mar 26 quarter, −37.5% year on year. Full-year FY26 profit was ₹1,441 Cr. The operating margin ran 44.0% in the latest quarter. — as of 24 July 2026.
What is Sun TV Network Ltd's market cap?
Sun TV Network Ltd's market capitalisation is ₹19,188 Cr at a share price of ₹499. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is Sun TV Network Ltd's P/E ratio?
Sun TV Network Ltd trades at a P/E of 12.8×, at the 28th percentile of its own 10-year range, against a long-run median of 14.3×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does Sun TV Network Ltd pay a dividend?
Yes — Sun TV Network Ltd's dividend payout was 34% of profit in FY26, and it recorded a payout in each of its last 13 reported fiscal years. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.
Is Sun TV Network Ltd overvalued?
On its own history, Sun TV Network Ltd looks cheap against its own history: its P/E of 12.8× has been cheaper only 28% of the time in 10 years (long-run median 14.3×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.
Is Sun TV Network Ltd growing?
Not right now — Sun TV Network Ltd's latest numbers are shrinking: latest-quarter revenue −6.3% year on year, profit −37.5%, and the margin +0.0 pp at 44.0%. The 10-year compound rates are 5.8% (revenue) and 4.6% (profit). The earnings engine currently reads: deteriorating — as of 24 July 2026.
How is Sun TV Network Ltd performing?
Sun TV Network Ltd is in a downtrend, 8 weeks in. Its latest quarter's revenue fell 6.3% and profit fell 37.5% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 15 weeks. This describes what the data did, not a rating. — as of 24 July 2026.
What stage is Sun TV Network Ltd in?
Deteriorating — profit and EPS growth are shrinking (profit growth −15.5% latest against +12.9% at its 12-quarter best), ROCE slipping at 15.9%. The read comes from the last 12 quarters of growth (revenue growth +7.8% latest, profit growth −15.5% latest, eps growth −15.5% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 24 July 2026.
Is Sun TV Network Ltd in an uptrend?
No — the price is in a downtrend (week 8 of stage 4), trading −10.9% versus its 200-day average and at 8% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is Sun TV Network Ltd beating the market?
Not lately — on a trailing-13-week view Sun TV Network Ltd is currently behind the NIFTY 500 (15 weeks and counting; last ahead the week of 2026-05-08), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.4 years the stock moved +56% against the NIFTY 500's +280% — behind the index over the full window. — as of 24 July 2026.
Will Sun TV Network Ltd's share price go up?
This page publishes no price forecast for Sun TV Network Ltd. What it measures instead: the share price is ₹499, the price is in a downtrend 8 weeks in. Its P/E of 12.8× sits at the 28th percentile of its own 10-year range. — as of 24 July 2026.
Who owns Sun TV Network Ltd?
Promoters hold 75.0% of Sun TV Network Ltd, foreign institutions 5.8%, domestic institutions 11.3% and the public 7.9% (latest quarter). The biggest move on the register over the last two years: Domestic institutions added 3.1 points over 8 quarters. — as of 24 July 2026.
Does Sun TV Network Ltd have too much debt?
No — Sun TV Network Ltd's debt-to-equity is 0.01, and operating profit covers the interest bill north of 100×. FY26 borrowings were ₹106 Cr against equity of ₹12,643 Cr. The returns on this page are earned, not borrowed — as of 24 July 2026.
What is Sun TV Network Ltd's capex?
Sun TV Network Ltd spent ₹3,360 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹2,233 Cr, with ₹31.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is Sun TV Network Ltd's cash flow?
Sun TV Network Ltd generated ₹1,802 Cr of operating cash flow in FY26 and ₹−431 Cr of free cash flow after ₹2,233 Cr of capital spending. Reported profit that year was ₹1,441 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is Sun TV Network Ltd's profit real cash?
Yes — over the last 3 fiscal years, 111% of Sun TV Network Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹1,802 Cr against reported profit of ₹1,441 Cr. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 24 July 2026.
Where is Sun TV Network Ltd in its business cycle?
Sun TV Network Ltd's FY26 operating margin was 50.0%, against a 13-year band of 49.0%–70.0%: the low end of its own band, which is where recoveries start when they come. The latest quarter ran 44.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the Sun TV Network Ltd story?
The sharpest disagreement: the P/E sits at the 28th percentile of its own range, but the engine is deteriorating — cheap for a reason until the quarters turn. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is Sun TV Network Ltd a stock worth studying right now?
This is not investment advice. The machine read: Sun TV Network Ltd is cheap for a reason. The P/E sits at the 28th percentile of its own range, and the quarters are still getting worse. The sharpest open question: whether the quarters turn before the discount closes. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.