Sector Alpha Week of 2026-09-17
Not SEBI Registered !! Not Investment advice !!
20-quarter listed-company comparison

Entertainment & Media Stocks in India

Entertainment & Media: Zee Entertainment Enterprises Ltd owns the largest revenue base; City Pulse Multiventures Ltd has the fastest current growth.

The 25 Entertainment & Media companies listed in India are Prime Focus Ltd (₹24.2K Cr, the largest), Sun TV Network Ltd, Nazara Technologies Ltd and 22 more. 8 of 24 covered companies beat NIFTY 500 on relative strength. Readings are as of 17 Sep 2026.

Top 10 Entertainment & Media Stocks in India (Sep 2026) — ranked by 4-Factor score

  1. 1Nila Spaces Ltd₹484 Cr71.2/100Favorable setup · strongest on ROCE and ROCE improvement
  2. 2PVR Inox Ltd₹12.1K Cr69.3/100Favorable setup · strongest on PEG and relative strength versus sector
  3. 3Prime Focus Ltd₹24.2K Cr65.6/100Favorable setup · strongest on relative strength versus sector and profit growth
  4. 4Hindustan Media Ventures Ltd₹589 Cr63.1/100Mixed-positive evidence · strongest on ROCE improvement and margin improvement
  5. 5Nazara Technologies Ltd₹14.2K Cr60.5/100Mixed-positive evidence · strongest on ROCE and relative strength versus sector
  6. 6H T Media Ltd₹580 Cr56.7/100Mixed-positive evidence · strongest on margin improvement and relative strength versus sector
  7. 7Sun TV Network Ltd₹18.8K Cr54.9/100Mixed-positive evidence · strongest on ROCE and operating margin
  8. 8City Pulse Multiventures Ltd₹491 Cr54.4/100Mixed-positive evidence · strongest on relative strength versus sector and profit growth
  9. 9Basilic Fly Studio Ltd₹485 Cr52.6/100Mixed-positive evidence · strongest on ROCE and own-history P/E
  10. 10Media Matrix Worldwide Ltd₹1.5K Cr51.7/100Mixed-positive evidence · strongest on profit growth and relative strength versus sector

Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 11 Sep 2026. Not investment advice.

01 · the index people search for

Nifty Entertainment & Media Index — Constituents & Performance

The largest 15 of 25 listed Indian Entertainment & Media companies are named here; all 25 are ranked in the scorecard — the constituent set people search for as the Nifty Entertainment & Media index. Every figure is equal-weighted across those companies and carries its own as-of date. One large constituent cannot set the reading.

  1. Prime Focus Ltd₹24.2K Cr
  2. Sun TV Network Ltd₹18.8K Cr
  3. Nazara Technologies Ltd₹14.2K Cr
  4. Amagi Media Labs Ltd₹12.7K Cr
  5. PVR Inox Ltd₹12.1K Cr
  6. Zee Entertainment Enterprises Ltd₹7.6K Cr
  7. Network 18 Media & Investments Ltd₹4.1K Cr
  8. Hathway Cable & Datacom Ltd₹1.8K Cr
  9. Media Matrix Worldwide Ltd₹1.5K Cr
  10. Panorama Studios International Ltd₹1.4K Cr
  11. Den Networks Ltd₹1.3K Cr
  12. Balaji Telefilms Ltd₹1.1K Cr
  13. Bright Outdoor Media Ltd₹875 Cr
  14. New Delhi Television Ltd₹813 Cr
  15. GTPL Hathway Ltd₹673 Cr

The remaining 10 Entertainment & Media companies are named and ranked in the scorecard.

02 · the sector itself · before any single company

How has Entertainment & Media moved against NIFTY 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 0% ahead of NIFTY 500. Earnings across its companies fell 29% on average over the last four reported quarters. It has been ahead of NIFTY 500 on a rolling three-month view for 16 weeks running.

BREAKING OUT · ahead 16w⚠Moving with the index7 of the 19 companies with a long enough price record ahead of NIFTY 500 by 5% or more over three months

RS ↑16w · 8/19 >200d (−2) · 7/19 lead (+0) · EPS 6/18↑

20050020262025202420232022 485303 TRAILING 12-MONTH EPS · 100 AT THE START0100150Dec 23Jun 24Dec 24Jun 25Dec 25Jun 26Sep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · down 7.6% on a year ago · 10 reportingDec 2023 · trailing 12-month earnings per share at 102, against 100 at the start · up 8.9% on a year ago · 10 reportingMar 2024 · trailing 12-month earnings per share at 112, against 100 at the start · up 46.0% on a year ago · 11 reportingJun 2024 · trailing 12-month earnings per share at 98, against 100 at the start · down 47.6% on a year ago · 10 reportingSep 2024 · trailing 12-month earnings per share at 119, against 100 at the start · down 1.3% on a year ago · 11 reportingDec 2024 · trailing 12-month earnings per share at 109, against 100 at the start · up 32.1% on a year ago · 10 reportingMar 2025 · trailing 12-month earnings per share at 150, against 100 at the start · up 1.8% on a year ago · 11 reportingJun 2025 · trailing 12-month earnings per share at 122, against 100 at the start · up 10.5% on a year ago · 10 reportingSep 2025 · trailing 12-month earnings per share at 98, against 100 at the start · down 8.6% on a year ago · 12 reportingDec 2025 · trailing 12-month earnings per share at 70, against 100 at the start · down 11.4% on a year ago · 11 reportingMar 2026 · trailing 12-month earnings per share at 81, against 100 at the start · down 48.6% on a year ago · 11 reportingJun 2026 · trailing 12-month earnings per share at 55, against 100 at the start · down 45.7% on a year ago · 11 reportingNot reported yet — earnings trail price by a quarter or two55No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
20050020262025202420232022 485303 TRAILING 12-MONTH EPS · 100 AT THE START0100150Jun 24Jun 25Jun 26Sep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · down 7.6% on a year ago · 10 reportingDec 2023 · trailing 12-month earnings per share at 102, against 100 at the start · up 8.9% on a year ago · 10 reportingMar 2024 · trailing 12-month earnings per share at 112, against 100 at the start · up 46.0% on a year ago · 11 reportingJun 2024 · trailing 12-month earnings per share at 98, against 100 at the start · down 47.6% on a year ago · 10 reportingSep 2024 · trailing 12-month earnings per share at 119, against 100 at the start · down 1.3% on a year ago · 11 reportingDec 2024 · trailing 12-month earnings per share at 109, against 100 at the start · up 32.1% on a year ago · 10 reportingMar 2025 · trailing 12-month earnings per share at 150, against 100 at the start · up 1.8% on a year ago · 11 reportingJun 2025 · trailing 12-month earnings per share at 122, against 100 at the start · up 10.5% on a year ago · 10 reportingSep 2025 · trailing 12-month earnings per share at 98, against 100 at the start · down 8.6% on a year ago · 12 reportingDec 2025 · trailing 12-month earnings per share at 70, against 100 at the start · down 11.4% on a year ago · 11 reportingMar 2026 · trailing 12-month earnings per share at 81, against 100 at the start · down 48.6% on a year ago · 11 reportingJun 2026 · trailing 12-month earnings per share at 55, against 100 at the start · down 45.7% on a year ago · 11 reportingNot reported yet — earnings trail price by a quarter or two55No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
Entertainment & Media, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling

Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of 19 of its 25 companies — the 6 with too short a price record are ranked in the scorecard but cannot sit in this line. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.

03 · sector relative strength, before individual stocks

Is Entertainment & Media outperforming NIFTY 500?

Entertainment & Media has underperformed NIFTY 500 by 15.4% over the last 52 weeks. Over 13 weeks the gap is a shortfall of 4.6%. 8 of 24 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. City Pulse Multiventures Ltd is the strongest against the sector itself at +41.4%.

-4.6%Sector vs NIFTY 500 · 13 weeks
-15.4%Sector vs NIFTY 500 · 52 weeks
8/24Stocks leading NIFTY 500
8/23Stocks leading sector

Sector metric: 28.0 as of 2026-08-22 · BROADENING · falling.

The central tension: the companies with the most scale are not necessarily the companies creating the most change.

Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.

Bottom line

Entertainment & Media has underperformed NIFTY 500 by 15.4% over 52 weeks and 4.6% over 13 weeks. 8 of 24 covered companies beat NIFTY on Mansfield relative strength, while 8 of 23 beat the sector itself. Zee Entertainment Enterprises Ltd leads with revenue of ₹8,181 crore, based on 24 of 25 comparable companies through Jun 2026.

Companies
25
complete canonical membership
Combined market value
₹1.1 L Cr
Prime Focus Ltd
Revenue growing
15/22
positive TTM year-on-year growth
Beating NIFTY 500
8/24
positive Mansfield relative strength
Comparing 5 of 25
04 · research priority, made explicit

4-Factor Sector Score

An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.

Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Nila Spaces Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 81% evidence confidence.
Nazara Technologies Ltd looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.
Nazara Technologies Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.
How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Nila Spaces LtdNILASPACES 71.2/100Favorable setup81% evidence TURNING 28.5/35 Revenue 31.1% · PAT 75.5% · OPM change 9.1 pp 95% evidence 20.0/25 ROCE 31.3% · OPM 38.7% 95% evidence 11.6/20 P/E 15.5× · PEG — 50% evidence 11.1/20 RS sector 4% · RS bench -13.6% · 1Y -17.4%0 of 6 weeks ahead 70% evidence
Exact sum: 28.5 + 20 + 11.6 + 11.1 = 71.2 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
2PVR Inox LtdPVRINOX 69.3/100Favorable setup91% evidence BREAKING OUT 23.3/35 Revenue 13.7% · PAT 100% · OPM change 5 pp 74% evidence 10.5/25 ROCE 6.8% · OPM 33% 100% evidence 16.9/20 P/E 38.3× · PEG 0.71 100% evidence 18.6/20 RS sector 24.4% · RS bench 19.1% · 1Y 7.9%6 of 12 weeks ahead 100% evidence
Exact sum: 23.3 + 10.5 + 16.9 + 18.6 = 69.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
3Prime Focus LtdPFOCUS 65.6/100Favorable setup83% evidence BREAKING OUT 26.3/35 Revenue 29.2% · PAT 100% · OPM change 0 pp 100% evidence 11.6/25 ROCE 11.3% · OPM 24% 100% evidence 9.1/20 P/E 136× · PEG — 15% evidence 18.6/20 RS sector 32.4% · RS bench 27.5% · 1Y 96.3%4 of 12 weeks ahead 100% evidence
Exact sum: 26.3 + 11.6 + 9.1 + 18.6 = 65.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4Hindustan Media Ventures LtdHMVL 63.1/100Mixed-positive evidence72% evidence FADING 23.2/35 Revenue 10.8% · PAT 2.3% · OPM change 8 pp 95% evidence 15.1/25 ROCE 11.5% · OPM 14% 95% evidence 13.1/20 P/E 3.7× · PEG — 50% evidence 11.7/20 RS sector — · RS bench 7.2% · 1Y —7 of 9 weeks ahead 25% evidence
Exact sum: 23.2 + 15.1 + 13.1 + 11.7 = 63.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5Nazara Technologies LtdNAZARA 60.5/100Mixed-positive evidence79% evidence LEADER 11.9/35 Revenue -6.1% · PAT -80% · OPM change -13.7 pp 95% evidence 15.8/25 ROCE 27.1% · OPM -9% 76% evidence 13.1/20 P/E — · PEG — 35% evidence 19.7/20 RS sector 39.2% · RS bench 33.4% · 1Y 34.2%12 of 12 weeks ahead 100% evidence
Exact sum: 11.9 + 15.8 + 13.1 + 19.7 = 60.5 · Decision use: Price leads the evidence: RS versus the benchmark is 33.4%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
6H T Media LtdHTMEDIA 56.7/100Mixed-positive evidence79% evidence BREAKING OUT 18.4/35 Revenue 4.1% · PAT -80% · OPM change 9.9 pp 71% evidence 8.6/25 ROCE 6.3% · OPM 7% 95% evidence 13.7/20 P/E 4.8× · PEG — 50% evidence 16.0/20 RS sector 10.8% · RS bench 5.8% · 1Y -4.8%12 of 12 weeks ahead 100% evidence
Exact sum: 18.4 + 8.6 + 13.7 + 16 = 56.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
7Sun TV Network LtdSUNTV 54.9/100Mixed-positive evidence100% evidence BASING 18.2/35 Revenue 12.7% · PAT -8.6% · OPM change 2 pp 100% evidence 18.7/25 ROCE 16.4% · OPM 50% 100% evidence 12.7/20 P/E 11.9× · PEG 1.37 100% evidence 5.3/20 RS sector -8.1% · RS bench -12% · 1Y -14.4%0 of 12 weeks ahead 100% evidence
Exact sum: 18.2 + 18.7 + 12.7 + 5.3 = 54.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
8City Pulse Multiventures Ltd542727 54.4/100Mixed-positive evidence65% evidence 22.4/35 Revenue 100% · PAT 100% · OPM change -166.4 pp 83% evidence 11.3/25 ROCE 2.6% · OPM 78.6% 76% evidence 8.7/20 P/E 268× · PEG — 15% evidence 12.0/20 RS sector 41.4% · RS bench -87.3% · 1Y -88.6%0 of 5 weeks ahead to 2026-08-09 70% evidence
Exact sum: 22.4 + 11.3 + 8.7 + 12 = 54.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9Basilic Fly Studio LtdBASILIC 52.6/100Mixed-positive evidence70% evidence 13.4/35 Revenue — · PAT — · OPM change -3 pp 45% evidence 21.0/25 ROCE 22.3% · OPM 21% 95% evidence 14.4/20 P/E 9.5× · PEG — 50% evidence 3.8/20 RS sector -29.6% · RS bench -34.7% · 1Y -59.3%1 of 7 weeks ahead to 2026-08-09 100% evidence
Exact sum: 13.4 + 21 + 14.4 + 3.8 = 52.6 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
10Media Matrix Worldwide LtdMMWL 51.7/100Mixed-positive evidence80% evidence BREAKING OUT 15.3/35 Revenue -23.2% · PAT 100% · OPM change -0.5 pp 95% evidence 10.7/25 ROCE 9.8% · OPM 1.5% 95% evidence 8.8/20 P/E 215× · PEG — 15% evidence 16.9/20 RS sector 22.3% · RS bench 16.8% · 1Y 4.4%8 of 12 weeks ahead 100% evidence
Exact sum: 15.3 + 10.7 + 8.8 + 16.9 = 51.7 · Decision use: Price leads the evidence: RS versus the benchmark is 16.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
11Zee Media Corporation LtdZEEMEDIA 44.5/100Mixed-negative evidence72% evidence ASLEEP 20.7/35 Revenue 22.3% · PAT 98.3% · OPM change -2 pp 71% evidence 10.1/25 ROCE 5.3% · OPM 9% 95% evidence 9.0/20 P/E 144× · PEG — 15% evidence 4.7/20 RS sector -10.2% · RS bench -14.4% · 1Y -39.6%4 of 12 weeks ahead 100% evidence
Exact sum: 20.7 + 10.1 + 9 + 4.7 = 44.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
12Panorama Studios International LtdPANORAMA 43.4/100Mixed-negative evidence69% evidence 10.4/35 Revenue -23.7% · PAT -53.7% · OPM change 5 pp 95% evidence 12.5/25 ROCE 8.7% · OPM 11% 76% evidence 9.6/20 P/E 58× · PEG — 15% evidence 10.9/20 RS sector -4.5% · RS bench 18.5% · 1Y 10.2%0 of 12 weeks ahead 70% evidence
Exact sum: 10.4 + 12.5 + 9.6 + 10.9 = 43.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
13Balaji Telefilms LtdBALAJITELE 40.4/100Mixed-negative evidence64% evidence TURNING 14.5/35 Revenue 0.8% · PAT -80% · OPM change 24 pp 71% evidence 6.0/25 ROCE -9.5% · OPM 11% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 9.9/20 RS sector -3.9% · RS bench -8.5% · 1Y -17.2%1 of 12 weeks ahead 100% evidence
Exact sum: 14.5 + 6 + 10 + 9.9 = 40.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
14Hathway Cable & Datacom LtdHATHWAY 38.4/100Mixed-negative evidence87% evidence ASLEEP 12.6/35 Revenue 5.7% · PAT -28.3% · OPM change -4 pp 95% evidence 8.0/25 ROCE 2.6% · OPM 13% 95% evidence 9.3/20 P/E 23.9× · PEG — 50% evidence 8.5/20 RS sector -6.2% · RS bench -10.8% · 1Y -30%3 of 12 weeks ahead 100% evidence
Exact sum: 12.6 + 8 + 9.3 + 8.5 = 38.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
15Dish TV India LtdDISHTV 38.1/100Mixed-negative evidence69% evidence BASING 14.2/35 Revenue -23.8% · PAT -71.9% · OPM change -63 pp 71% evidence 12.4/25 ROCE 70% · OPM -41% 95% evidence 10.0/20 P/E — · PEG — 0% evidence 1.5/20 RS sector -23.8% · RS bench -27.7% · 1Y -53.8%2 of 12 weeks ahead 100% evidence
Exact sum: 14.2 + 12.4 + 10 + 1.5 = 38.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
16Network 18 Media & Investments LtdNETWORK18 36.9/100Mixed-negative evidence66% evidence ASLEEP 17.3/35 Revenue -48.5% · PAT 97.8% · OPM change 0.5 pp 95% evidence 5.6/25 ROCE 3% · OPM 1.4% 76% evidence 10.0/20 P/E — · PEG — 0% evidence 4.0/20 RS sector -24.1% · RS bench -27.4% · 1Y -50.7%0 of 10 weeks ahead 70% evidence
Exact sum: 17.3 + 5.6 + 10 + 4 = 36.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
17Den Networks LtdDEN 35.9/100Mixed-negative evidence81% evidence TURNING 10.4/35 Revenue -2.3% · PAT -29.8% · OPM change -3.3 pp 95% evidence 7.0/25 ROCE 3.2% · OPM 4.7% 95% evidence 11.4/20 P/E 8.7× · PEG — 50% evidence 7.1/20 RS sector -10.2% · RS bench -7.2% · 1Y -25%1 of 10 weeks ahead 70% evidence
Exact sum: 10.4 + 7 + 11.4 + 7.1 = 35.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
18T.V. Today Network LtdTVTODAY 34.0/100Adverse evidence81% evidence TURNING 12.1/35 Revenue -7.8% · PAT -43.3% · OPM change 5.9 pp 95% evidence 8.1/25 ROCE 4.5% · OPM 8% 95% evidence 7.9/20 P/E 23.9× · PEG — 50% evidence 5.9/20 RS sector -17.6% · RS bench -11.1% · 1Y -28.2%2 of 10 weeks ahead 70% evidence
Exact sum: 12.1 + 8.1 + 7.9 + 5.9 = 34 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
19Zee Entertainment Enterprises LtdZEEL 31.4/100Adverse evidence94% evidence ASLEEP 6.0/35 Revenue 2.4% · PAT -71.5% · OPM change -8 pp 100% evidence 6.5/25 ROCE 2.7% · OPM 5% 100% evidence 13.4/20 P/E 36.4× · PEG 0.28 100% evidence 5.5/20 RS sector -15.8% · RS bench -15.9% · 1Y -31.5%7 of 10 weeks ahead 70% evidence
Exact sum: 6 + 6.5 + 13.4 + 5.5 = 31.4 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
20Entertainment Network (India) LtdENIL 31.1/100Adverse evidence73% evidence 13.7/35 Revenue 3.9% · PAT -80% · OPM change 1.5 pp 71% evidence 3.9/25 ROCE -0.8% · OPM 7.9% 95% evidence 5.5/20 P/E 364× · PEG — 50% evidence 8.0/20 RS sector -3.2% · RS bench -18.6% · 1Y -35.5%0 of 5 weeks ahead to 2026-08-09 70% evidence
Exact sum: 13.7 + 3.9 + 5.5 + 8 = 31.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
21GTPL Hathway LtdGTPL 30.4/100Adverse evidence81% evidence BASING 10.2/35 Revenue 8.3% · PAT -80% · OPM change -1.5 pp 95% evidence 10.6/25 ROCE 3.5% · OPM 10.3% 95% evidence 6.0/20 P/E 84.3× · PEG — 50% evidence 3.6/20 RS sector -31% · RS bench -21.6% · 1Y -48.3%0 of 10 weeks ahead 70% evidence
Exact sum: 10.2 + 10.6 + 6 + 3.6 = 30.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
22New Delhi Television LtdNDTV 27.9/100Adverse evidence69% evidence ASLEEP 10.4/35 Revenue 12.1% · PAT -39.6% · OPM change -4 pp 71% evidence 1.6/25 ROCE -72.6% · OPM -58% 95% evidence 10.0/20 P/E — · PEG — 0% evidence 5.9/20 RS sector -9.3% · RS bench -13.7% · 1Y -35.1%3 of 12 weeks ahead 100% evidence
Exact sum: 10.4 + 1.6 + 10 + 5.9 = 27.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
23Bright Outdoor Media Ltd543831 61.4/100Thin evidence · provisional48% evidence 20.2/35 Revenue 50.9% · PAT 100% · OPM change 1 pp 27% evidence 16.6/25 ROCE 15.7% · OPM 23% 57% evidence 9.2/20 P/E 43.7× · PEG — 50% evidence 15.4/20 RS sector 22.3% · RS bench 17.4% · 1Y 17.9%12 of 12 weeks ahead to 2026-04-05 70% evidence
Exact sum: 20.2 + 16.6 + 9.2 + 15.4 = 61.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
24Amagi Media Labs LtdAMAGI 52.7/100Thin evidence · provisional38% evidence BREAKING OUT 23.1/35 Revenue — · PAT — · OPM change 7.4 pp 45% evidence 10.3/25 ROCE 8% · OPM 7% 76% evidence 9.3/20 P/E 125× · PEG — 15% evidence 10.0/20 RS sector — · RS bench — · 1Y —12 of 12 weeks ahead 0% evidence
Exact sum: 23.1 + 10.3 + 9.3 + 10 = 52.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
25DAPS Advertising Ltd543651 50.7/100Thin evidence · provisional43% evidence 17.9/35 Revenue — · PAT — · OPM change 0.7 pp 15% evidence 12.7/25 ROCE 9.9% · OPM 5.4% 57% evidence 13.9/20 P/E 8.5× · PEG — 50% evidence 6.2/20 RS sector -20.1% · RS bench -6.2% · 1Y -18.2%0 of 10 weeks ahead to 2026-03-29 70% evidence
Exact sum: 17.9 + 12.7 + 13.9 + 6.2 = 50.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
Showing 10 of 25 companies
05 · what price has already done

Market action

Prime Focus Ltd has the strongest one-year price move in Entertainment & Media at +96.3%. Nazara Technologies Ltd leads on Mansfield relative strength against NIFTY at +33.4%. 8 of 24 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-09-11.

Price and relative strength

Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

06 · the story behind the numbers

Entertainment & Media — the story behind the numbers

This is the written read behind the Entertainment & Media figures above — what is actually happening in the sector, in words, with the evidence each claim rests on. It is dated 29 Jul 2026. 3 themes are live here, 1 of them rated high severity.

The Entertainment & Media sector displayed fragmented performance in Q4 FY26. TV Today Network emerged as a top performer with PAT growing 46.7% YoY to ₹9.02 crore, recovering from a prior quarter loss. Conversely, NDTV reported a consolidated net loss after tax widening to ₹98.57 crore.

How old this read is: This read comes from our Entertainment & Media sector brief dated 29 Jul 2026 — 50 days old. The numbers above it are newer than the words here.

What is live in this sector right now

Live themeSeverityEvidence on file
All 4 constituents face regulatory risks ranging from SEBI exemptions to tax demands and TRAI consultations.Named for 539469, 542727, NDTV, TVTODAYhigh“Tax demand of ₹443.28 crore for AY 2008-09 pending appeal; stay granted but enforcement risk remains if appeal unsuccessful.” NDTV secured stay on tax demand; TVTN submitted counter comments to TRAI.
All 4 constituents have active litigation risks including pledged shares, delayed reports, and defamation suits.Named for 539469, 542727, NDTV, TVTODAYmedium“26.55% of promoter shares are pledged, creating potential downward pressure on stock price during market downturns if margin calls trigger forced selling.” NDTV must file response to High Court notice; Panorama confirmed it does not meet Large Corporate criteria.
2 constituents reported labor risks related to staffing models and Labour Codes implementation costs.Named for 542727, TVTODAYmedium“New labour codes resulted in an exceptional item loss of Rs 12.18 crore in Q3 FY26, turning a previous profit into a net loss for the quarter.” TVTN reported expense reversal following realignment of compensation structure.

Sources: our Entertainment & Media sector brief, 29 Jul 2026 · company earnings-call transcripts.

07 · compare level, then change

Revenue Scale & Growth Durability

Zee Entertainment Enterprises Ltd has the highest Revenue among the 25 Entertainment & Media companies compared here, at ₹8,181 crore. PVR Inox Ltd is next at ₹6,842 crore. City Pulse Multiventures Ltd has the highest Revenue growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Zee Entertainment Enterprises Ltd is the scale leader at ₹8,181 crore, 19.6% ahead of PVR Inox Ltd. City Pulse Multiventures Ltd's growth is stored at the ≥100% scoring cap; the uncapped TTM change is 137.3% from a ₹8 crore base, with 9 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderZee Entertainment Enterprises Ltd · ₹8,181 crore
Gap19.6% versus #2 · PVR Inox Ltd
Persistence3/8 recent comparable periods
Coverage24/25 companies · 355 observations

Investor read: Zee Entertainment Enterprises Ltd is the scale benchmark; City Pulse Multiventures Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Zee Entertainment Enterprises Ltd's growth falls below City Pulse Multiventures Ltd's for two consecutive comparable reports while operating margin also compresses.

Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Zee Entertainment Enterprises Ltd ZEEL₹8.2K Cr
2PVR Inox Ltd PVRINOX₹6.8K Cr
3Prime Focus Ltd PFOCUS₹4.9K Cr
4Sun TV Network Ltd SUNTV₹4.5K Cr
5GTPL Hathway Ltd GTPL⚠ unverified₹3.8K Cr
Revenue growthfastest growers
1City Pulse Multiventures Ltd 542727100%
2Bright Outdoor Media Ltd 543831 · older report51%
3Nila Spaces Ltd NILASPACES31%
4Prime Focus Ltd PFOCUS29%
5Zee Media Corporation Ltd ZEEMEDIA22%
Revenue · company comparison
24/25 level · 22/25 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Zee Entertainment Enterprises Ltd ZEEL₹1.9K Cr4.5%Jun 2026
PVR Inox Ltd PVRINOX₹1.6K Cr12%Jun 2026
Sun TV Network Ltd SUNTV₹1.5K Cr13%Jun 2026
Prime Focus Ltd PFOCUS₹1.3K Cr24%Jun 2026
GTPL Hathway Ltd GTPL⚠ unverified₹1.0K Cr12%Jun 2026
Hathway Cable & Datacom Ltd HATHWAY⚠ unverified₹565 Cr6.6%Jun 2026
Network 18 Media & Investments Ltd NETWORK18₹516 Cr10%Jun 2026
Amagi Media Labs Ltd AMAGI₹437 Cr32%Jun 2026
H T Media Ltd HTMEDIA₹437 Cr11%Jun 2026
Nazara Technologies Ltd NAZARA₹429 Cr-14%Jun 2026
Media Matrix Worldwide Ltd MMWL⚠ unverified₹428 Cr83%Jun 2026
Dish TV India Ltd DISHTV₹266 Cr-19%Jun 2026
Den Networks Ltd DEN⚠ unverified₹243 Cr0.8%Jun 2026
Balaji Telefilms Ltd BALAJITELE⚠ unverified₹240 Cr229%Jun 2026
T.V. Today Network Ltd TVTODAY⚠ unverified₹206 Cr4.0%Jun 2026
Hindustan Media Ventures Ltd HMVL⚠ unverified₹197 Cr19%Jun 2026
Zee Media Corporation Ltd ZEEMEDIA₹191 Cr5.0%Jun 2026
Panorama Studios International Ltd PANORAMA₹183 Cr35%Jun 2026
New Delhi Television Ltd NDTV⚠ unverified₹117 Cr8.3%Jun 2026
Entertainment Network (India) Ltd ENIL₹114 Cr-2.8%Jun 2026
Basilic Fly Studio Ltd BASILIC₹113 Cr-16%Mar 2026
Bright Outdoor Media Ltd 543831₹63 Cr11%Sep 2025
Nila Spaces Ltd NILASPACES₹47 Cr14%Jun 2026
DAPS Advertising Ltd 543651₹10 Cr23%Sep 2025
City Pulse Multiventures Ltd 542727₹3 Cr1,255%Mar 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Showing the 12 largest of 25 companies with a series here. The remaining 13 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Amagi Media Labs Ltd · AMAGI

—
—
—
—
—
—
—
—
—
—
—
—
—
₹330 Cr
₹309 Cr
₹330 Cr
₹375 Cr
₹404 Cr
₹397 Cr
₹437 Cr

Balaji Telefilms Ltd · BALAJITELE⚠ unverified

—
—
—
—
—
₹165 Cr
₹145 Cr
₹152 Cr
₹200 Cr
₹138 Cr
₹135 Cr
₹149 Cr
₹144 Cr
₹93 Cr
₹66 Cr
₹73 Cr
₹49 Cr
₹42 Cr
₹48 Cr
₹240 Cr

Den Networks Ltd · DEN⚠ unverified

—
—
—
—
—
₹277 Cr
₹283 Cr
₹273 Cr
₹277 Cr
₹273 Cr
₹258 Cr
₹248 Cr
₹249 Cr
₹261 Cr
₹248 Cr
₹241 Cr
₹241 Cr
₹251 Cr
₹241 Cr
₹243 Cr

Hathway Cable & Datacom Ltd · HATHWAY⚠ unverified

—
—
—
—
—
₹478 Cr
₹460 Cr
₹499 Cr
₹484 Cr
₹505 Cr
₹493 Cr
₹503 Cr
₹513 Cr
₹511 Cr
₹513 Cr
₹530 Cr
₹537 Cr
₹537 Cr
₹546 Cr
₹565 Cr

Media Matrix Worldwide Ltd · MMWL⚠ unverified

—
—
—
—
—
₹321 Cr
₹260 Cr
₹301 Cr
₹636 Cr
₹197 Cr
₹280 Cr
₹231 Cr
₹1.1K Cr
₹258 Cr
₹272 Cr
₹234 Cr
₹386 Cr
₹336 Cr
₹301 Cr
₹428 Cr

Nazara Technologies Ltd · NAZARA

—
—
—
—
—
₹315 Cr
₹289 Cr
₹254 Cr
₹297 Cr
₹320 Cr
₹266 Cr
₹250 Cr
₹319 Cr
₹535 Cr
₹520 Cr
₹499 Cr
₹526 Cr
₹406 Cr
₹398 Cr
₹429 Cr

Network 18 Media & Investments Ltd · NETWORK18

—
—
—
—
—
₹1.9K Cr
₹1.5K Cr
₹3.2K Cr
₹1.9K Cr
₹1.8K Cr
₹2.4K Cr
₹3.1K Cr
₹1.8K Cr
₹1.4K Cr
₹561 Cr
₹468 Cr
₹498 Cr
₹539 Cr
₹616 Cr
₹516 Cr

Panorama Studios International Ltd · PANORAMA

—
—
—
—
—
₹196 Cr
₹59 Cr
₹71 Cr
₹52 Cr
₹33 Cr
₹283 Cr
₹36 Cr
₹82 Cr
₹34 Cr
₹213 Cr
₹136 Cr
₹78 Cr
₹29 Cr
₹65 Cr
₹183 Cr

Prime Focus Ltd · PFOCUS

₹773 Cr
₹858 Cr
₹1.1K Cr
₹1.0K Cr
₹1.1K Cr
₹1.1K Cr
₹1.4K Cr
₹1.2K Cr
₹1.0K Cr
₹841 Cr
₹873 Cr
₹813 Cr
₹897 Cr
₹909 Cr
₹979 Cr
₹1.0K Cr
₹1.1K Cr
₹1.2K Cr
₹1.4K Cr
₹1.3K Cr

PVR Inox Ltd · PVRINOX

₹120 Cr
₹614 Cr
₹536 Cr
₹981 Cr
₹687 Cr
₹940 Cr
₹1.1K Cr
₹1.3K Cr
₹2.0K Cr
₹1.5K Cr
₹1.3K Cr
₹1.2K Cr
₹1.6K Cr
₹1.7K Cr
₹1.2K Cr
₹1.5K Cr
₹1.8K Cr
₹1.9K Cr
₹1.5K Cr
₹1.6K Cr

Sun TV Network Ltd · SUNTV

₹849 Cr
₹1.1K Cr
₹859 Cr
₹1.2K Cr
₹826 Cr
₹887 Cr
₹840 Cr
₹1.3K Cr
₹1.0K Cr
₹923 Cr
₹961 Cr
₹1.3K Cr
₹936 Cr
₹829 Cr
₹942 Cr
₹1.3K Cr
₹1.3K Cr
₹862 Cr
₹883 Cr
₹1.5K Cr

Zee Entertainment Enterprises Ltd · ZEEL

₹2.0K Cr
₹2.1K Cr
—
₹1.8K Cr
₹2.0K Cr
₹2.1K Cr
₹2.1K Cr
₹2.0K Cr
₹2.4K Cr
₹2.0K Cr
₹2.2K Cr
₹2.1K Cr
₹2.0K Cr
₹2.0K Cr
₹2.2K Cr
₹1.8K Cr
₹2.0K Cr
₹2.3K Cr
₹2.0K Cr
₹1.9K Cr

Revenue growth · reported quarter history

Showing the 12 largest of 25 companies with a series here. The remaining 13 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Amagi Media Labs Ltd · AMAGI

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
22%
28%
32%

Balaji Telefilms Ltd · BALAJITELE⚠ unverified

—
—
—
—
—
—
—
—
—
-16%
-6.9%
-2.0%
-28%
-33%
-51%
-51%
-66%
-55%
-27%
229%

Den Networks Ltd · DEN⚠ unverified

—
—
—
—
—
—
—
—
—
-1.4%
-8.8%
-9.2%
-10%
-4.4%
-3.9%
-2.8%
-3.2%
-3.8%
-2.8%
0.8%

Hathway Cable & Datacom Ltd · HATHWAY⚠ unverified

—
—
—
—
—
—
—
—
—
5.7%
7.2%
0.8%
6.0%
1.2%
4.1%
5.4%
4.7%
5.1%
6.4%
6.6%

Media Matrix Worldwide Ltd · MMWL⚠ unverified

—
—
—
—
—
—
—
—
—
-39%
7.6%
-23%
77%
31%
-3.0%
1.0%
-66%
30%
11%
83%

Nazara Technologies Ltd · NAZARA

—
—
—
—
—
—
—
—
—
1.6%
-8.0%
-1.6%
7.4%
67%
95%
100%
65%
-24%
-23%
-14%

Network 18 Media & Investments Ltd · NETWORK18

—
—
—
—
—
—
—
—
—
-4.1%
63%
-3.0%
-2.2%
-23%
-77%
-85%
-73%
-60%
9.8%
10%

Panorama Studios International Ltd · PANORAMA

—
—
—
—
—
—
—
—
—
-83%
382%
-49%
58%
3.0%
-25%
278%
-4.9%
-15%
-69%
35%

Prime Focus Ltd · PFOCUS

—
—
—
55%
40%
29%
34%
18%
-5.2%
-24%
-39%
-33%
-13%
8.1%
12%
26%
18%
33%
41%
24%

PVR Inox Ltd · PVRINOX

—
—
—
1,563%
473%
53%
113%
33%
191%
64%
9.9%
-8.7%
-19%
11%
-2.1%
22%
12%
7.8%
26%
12%

Sun TV Network Ltd · SUNTV

—
—
—
49%
-2.7%
-16%
-2.2%
11%
27%
4.1%
14%
-2.6%
-11%
-10%
-2.0%
-1.8%
39%
4.0%
-6.3%
13%

Zee Entertainment Enterprises Ltd · ZEEL

—
—
—
4.0%
2.5%
-0.2%
—
7.5%
20%
-3.0%
2.8%
7.4%
-18%
-3.3%
0.7%
-14%
-1.6%
15%
-7.3%
4.5%
08 · compare level, then change

Operating Economics & Margin Trend

City Pulse Multiventures Ltd has the highest OPM among the 25 Entertainment & Media companies compared here, at 78.6%. Sun TV Network Ltd is next at 50%. Balaji Telefilms Ltd has the highest Margin change at +24 percentage points, so level and change sit with different companies. 25 of 25 companies report a comparable reading, the latest through Mar 2026.

What the numbers say: City Pulse Multiventures Ltd leads opm at 78.6%; Balaji Telefilms Ltd leads margin change at +24 percentage points.

LeaderCity Pulse Multiventures Ltd · 78.6%
Gap57.2% versus #2 · Sun TV Network Ltd
Persistence6/8 recent comparable periods
Coverage25/25 companies · 444 observations

Investor read: City Pulse Multiventures Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1City Pulse Multiventures Ltd 54272779%
2Sun TV Network Ltd SUNTV50%
3Nila Spaces Ltd NILASPACES39%
4PVR Inox Ltd PVRINOX33%
5Prime Focus Ltd PFOCUS24%
Margin changefastest expanders
1Balaji Telefilms Ltd BALAJITELE⚠ unverified+24.0 pp
2H T Media Ltd HTMEDIA+9.9 pp
3Nila Spaces Ltd NILASPACES+9.1 pp
4Hindustan Media Ventures Ltd HMVL⚠ unverified+8.0 pp
5Amagi Media Labs Ltd AMAGI+7.4 pp
Operating margin · company comparison
25/25 level · 25/25 change
All-company data · latest reported quarter
CompanyOPMMargin changeReported
City Pulse Multiventures Ltd 54272779%−166.4 ppMar 2026
Sun TV Network Ltd SUNTV50%+2.0 ppJun 2026
Nila Spaces Ltd NILASPACES39%+9.1 ppJun 2026
PVR Inox Ltd PVRINOX33%+5.0 ppJun 2026
Prime Focus Ltd PFOCUS24%0.0 ppJun 2026
Bright Outdoor Media Ltd 54383123%+1.0 ppSep 2025
Basilic Fly Studio Ltd BASILIC21%−3.0 ppMar 2026
Hindustan Media Ventures Ltd HMVL⚠ unverified14%+8.0 ppJun 2026
Hathway Cable & Datacom Ltd HATHWAY⚠ unverified13%−4.0 ppJun 2026
Panorama Studios International Ltd PANORAMA11%+5.0 ppJun 2026
Balaji Telefilms Ltd BALAJITELE⚠ unverified11%+24.0 ppJun 2026
GTPL Hathway Ltd GTPL⚠ unverified10%−1.5 ppJun 2026
Zee Media Corporation Ltd ZEEMEDIA9.0%−2.0 ppJun 2026
T.V. Today Network Ltd TVTODAY⚠ unverified8.0%+5.9 ppJun 2026
Entertainment Network (India) Ltd ENIL7.9%+1.5 ppJun 2026
Amagi Media Labs Ltd AMAGI7.0%+7.4 ppJun 2026
H T Media Ltd HTMEDIA7.0%+9.9 ppJun 2026
DAPS Advertising Ltd 5436515.4%+0.7 ppSep 2025
Zee Entertainment Enterprises Ltd ZEEL5.0%−8.0 ppJun 2026
Den Networks Ltd DEN⚠ unverified4.7%−3.3 ppJun 2026
Media Matrix Worldwide Ltd MMWL⚠ unverified1.5%−0.5 ppJun 2026
Network 18 Media & Investments Ltd NETWORK181.4%+0.5 ppJun 2026
Nazara Technologies Ltd NAZARA-9.0%−13.7 ppJun 2026
Dish TV India Ltd DISHTV-41%−63.0 ppJun 2026
New Delhi Television Ltd NDTV⚠ unverified-58%−4.0 ppJun 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Showing the 12 largest of 25 companies with a series here. The remaining 13 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Amagi Media Labs Ltd · AMAGI

—
—
—
—
—
—
—
—
—
—
—
—
-15%
-0.3%
-4.3%
-0.4%
-0.9%
8.0%
6.0%
7.0%

Balaji Telefilms Ltd · BALAJITELE⚠ unverified

-50%
-28%
-26%
-17%
-9.1%
3.0%
8.0%
14%
9.0%
3.0%
1.7%
3.0%
8.0%
-12%
-29%
-13%
-14%
-76%
-36%
11%

Den Networks Ltd · DEN⚠ unverified

14%
17%
18%
14%
13%
14%
12%
11%
15%
15%
16%
11%
11%
10%
11%
8.0%
7.0%
5.0%
6.0%
4.7%

Hathway Cable & Datacom Ltd · HATHWAY⚠ unverified

20%
22%
21%
19%
18%
17%
13%
16%
17%
16%
16%
16%
17%
16%
18%
17%
15%
14%
13%
13%

Media Matrix Worldwide Ltd · MMWL⚠ unverified

0.6%
0.3%
0.4%
1.3%
1.4%
1.2%
1.0%
1.3%
0.7%
1.0%
1.5%
1.9%
0.5%
1.6%
2.0%
2.0%
1.6%
1.2%
1.8%
1.5%

Nazara Technologies Ltd · NAZARA

15%
16%
7.4%
13%
5.2%
9.5%
9.0%
13%
9.0%
11%
0.6%
10%
8.0%
7.0%
6.0%
4.7%
-31%
17%
11%
-9.0%

Network 18 Media & Investments Ltd · NETWORK18

18%
23%
16%
3.5%
2.1%
0.1%
4.0%
-2.6%
-12%
-10%
-8.0%
-4.7%
-10%
-1.6%
3.4%
0.9%
-0.1%
1.8%
4.9%
1.4%

Panorama Studios International Ltd · PANORAMA

-55%
4.5%
-55%
-14%
5.3%
23%
15%
6.0%
21%
14%
14%
11%
9.0%
12%
21%
6.0%
3.2%
5.0%
20%
11%

Prime Focus Ltd · PFOCUS

22%
23%
29%
17%
17%
17%
30%
13%
-0.7%
3.1%
4.8%
9.0%
24%
29%
24%
24%
28%
33%
35%
24%

PVR Inox Ltd · PVRINOX

-57%
27%
19%
35%
22%
31%
23%
27%
35%
31%
22%
21%
30%
31%
24%
28%
34%
34%
29%
33%

Sun TV Network Ltd · SUNTV

62%
69%
66%
63%
65%
66%
59%
59%
69%
64%
54%
55%
58%
54%
44%
48%
58%
49%
44%
50%

Zee Entertainment Enterprises Ltd · ZEEL

20%
22%
23%
15%
16%
18%
7.0%
8.0%
14%
10%
10%
13%
16%
16%
14%
13%
8.0%
11%
-13%
5.0%

Margin change · reported quarter history

Showing the 12 largest of 25 companies with a series here. The remaining 13 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Amagi Media Labs Ltd · AMAGI

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
+13.7 pp
+8.3 pp
+10.3 pp
+7.4 pp

Balaji Telefilms Ltd · BALAJITELE⚠ unverified

−34.4 pp
−5.3 pp
+28.8 pp
+29.7 pp
+41.2 pp
+31.0 pp
+34.4 pp
+31.1 pp
+18.1 pp
0.0 pp
−6.3 pp
−11.0 pp
−1.0 pp
−15.0 pp
−30.7 pp
−16.0 pp
−22.0 pp
−64.0 pp
−7.0 pp
+24.0 pp

Den Networks Ltd · DEN⚠ unverified

−3.8 pp
−1.7 pp
−1.7 pp
−1.3 pp
−0.4 pp
−3.1 pp
−6.1 pp
−3.4 pp
+1.9 pp
+1.0 pp
+4.0 pp
0.0 pp
−4.0 pp
−5.0 pp
−5.0 pp
−3.0 pp
−4.0 pp
−5.0 pp
−5.0 pp
−3.3 pp

Hathway Cable & Datacom Ltd · HATHWAY⚠ unverified

−8.0 pp
−5.4 pp
−5.2 pp
−5.4 pp
−2.0 pp
−5.4 pp
−7.6 pp
−3.5 pp
−0.9 pp
−1.0 pp
+3.0 pp
0.0 pp
0.0 pp
0.0 pp
+2.0 pp
+1.0 pp
−2.0 pp
−2.0 pp
−5.0 pp
−4.0 pp

Media Matrix Worldwide Ltd · MMWL⚠ unverified

−1.1 pp
−1.1 pp
+1.0 pp
+0.2 pp
+0.8 pp
+0.9 pp
+0.6 pp
−0.1 pp
−0.7 pp
−0.3 pp
+0.5 pp
+0.6 pp
−0.2 pp
+0.7 pp
+0.5 pp
+0.1 pp
+1.2 pp
−0.4 pp
−0.2 pp
−0.5 pp

Nazara Technologies Ltd · NAZARA

−2.4 pp
−3.7 pp
+0.2 pp
−5.4 pp
−9.3 pp
−6.1 pp
+1.6 pp
−0.5 pp
+3.8 pp
+1.5 pp
−8.4 pp
−3.0 pp
−1.0 pp
−4.0 pp
+5.4 pp
−5.3 pp
−39.0 pp
+10.0 pp
+5.0 pp
−13.7 pp

Network 18 Media & Investments Ltd · NETWORK18

+3.2 pp
+0.1 pp
−2.7 pp
−11.6 pp
−16.1 pp
−22.4 pp
−12.4 pp
−6.1 pp
−14.1 pp
−10.1 pp
−12.0 pp
−2.1 pp
+2.0 pp
+8.4 pp
+11.4 pp
+5.6 pp
+9.9 pp
+3.4 pp
+1.5 pp
+0.5 pp

Panorama Studios International Ltd · PANORAMA

−89.9 pp
+29.7 pp
−34.6 pp
+39.8 pp
+60.4 pp
+18.2 pp
+69.9 pp
+20.1 pp
+15.7 pp
−8.7 pp
−1.0 pp
+5.0 pp
−12.0 pp
−2.0 pp
+7.0 pp
−5.0 pp
−5.8 pp
−7.0 pp
−1.0 pp
+5.0 pp

Prime Focus Ltd · PFOCUS

−6.1 pp
+15.2 pp
+4.8 pp
−0.2 pp
−5.1 pp
−6.3 pp
+0.9 pp
−3.5 pp
−17.3 pp
−13.9 pp
−25.2 pp
−4.0 pp
+24.7 pp
+25.9 pp
+19.2 pp
+15.0 pp
+4.0 pp
+4.0 pp
+11.0 pp
0.0 pp

PVR Inox Ltd · PVRINOX

+152.5 pp
+198.9 pp
+49.9 pp
+187.9 pp
+79.0 pp
+4.2 pp
+4.4 pp
−7.8 pp
+12.6 pp
0.0 pp
−1.0 pp
−6.0 pp
−5.0 pp
0.0 pp
+2.0 pp
+7.0 pp
+4.0 pp
+3.0 pp
+5.0 pp
+5.0 pp

Sun TV Network Ltd · SUNTV

−2.4 pp
+8.2 pp
−2.8 pp
+8.6 pp
+3.1 pp
−3.3 pp
−6.8 pp
−4.1 pp
+4.0 pp
−2.0 pp
−5.0 pp
−4.0 pp
−11.0 pp
−10.0 pp
−10.0 pp
−7.0 pp
0.0 pp
−5.0 pp
0.0 pp
+2.0 pp

Zee Entertainment Enterprises Ltd · ZEEL

+3.4 pp
−0.7 pp
−5.9 pp
−4.3 pp
−4.8 pp
−4.4 pp
−15.6 pp
−6.6 pp
−1.6 pp
−8.0 pp
+3.0 pp
+5.0 pp
+2.0 pp
+6.0 pp
+4.0 pp
0.0 pp
−8.0 pp
−5.0 pp
−27.0 pp
−8.0 pp
09 · compare level, then change

Profit Scale & Acceleration

Sun TV Network Ltd has the highest Net profit among the 25 Entertainment & Media companies compared here, at ₹1,530 crore. PVR Inox Ltd is next at ₹443 crore. City Pulse Multiventures Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Sun TV Network Ltd leads with ₹1,530 crore of TTM profit, 245.4% above PVR Inox Ltd. City Pulse Multiventures Ltd shows ≥100% on the scoring scale (125.2% uncapped) growth from a ₹4 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderSun TV Network Ltd · ₹1,530 crore
Gap245.4% versus #2 · PVR Inox Ltd
Persistence1/8 recent comparable periods
Coverage24/25 companies · 355 observations

Investor read: Sun TV Network Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.

Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Sun TV Network Ltd SUNTV₹1.5K Cr
2PVR Inox Ltd PVRINOX₹443 Cr
3Zee Entertainment Enterprises Ltd ZEEL₹201 Cr
4Den Networks Ltd DEN⚠ unverified₹146 Cr
5Prime Focus Ltd PFOCUS₹145 Cr
Profit growthfastest growers
1City Pulse Multiventures Ltd 542727100%
2Bright Outdoor Media Ltd 543831 · older report100%
3Media Matrix Worldwide Ltd MMWL⚠ unverified100%
4Prime Focus Ltd PFOCUS100%
5Network 18 Media & Investments Ltd NETWORK1898%
Net profit · company comparison
24/25 level · 15/25 change
All-company data · latest reported quarter
CompanyNet profitProfit growthReported
Sun TV Network Ltd SUNTV₹619 Cr17%Jun 2026
Zee Entertainment Enterprises Ltd ZEEL₹74 Cr-49%Jun 2026
PVR Inox Ltd PVRINOX₹56 Cr164%Jun 2026
Hindustan Media Ventures Ltd HMVL⚠ unverified₹51 Cr410%Jun 2026
H T Media Ltd HTMEDIA₹44 Cr-120%Jun 2026
Den Networks Ltd DEN⚠ unverified₹35 Cr-35%Jun 2026
Amagi Media Labs Ltd AMAGI₹34 Cr750%Jun 2026
Hathway Cable & Datacom Ltd HATHWAY⚠ unverified₹25 Cr-19%Jun 2026
Balaji Telefilms Ltd BALAJITELE⚠ unverified₹22 Cr-115%Jun 2026
Basilic Fly Studio Ltd BASILIC₹15 Cr-25%Mar 2026
Panorama Studios International Ltd PANORAMA₹13 Cr225%Jun 2026
Bright Outdoor Media Ltd 543831₹10 Cr11%Sep 2025
T.V. Today Network Ltd TVTODAY⚠ unverified₹10 Cr43%Jun 2026
Nila Spaces Ltd NILASPACES₹9 Cr47%Jun 2026
Media Matrix Worldwide Ltd MMWL⚠ unverified₹4 Cr98%Jun 2026
GTPL Hathway Ltd GTPL⚠ unverified₹1 Cr-81%Jun 2026
City Pulse Multiventures Ltd 542727₹1 Cr378%Mar 2026
DAPS Advertising Ltd 543651₹0 Cr13%Sep 2025
Entertainment Network (India) Ltd ENIL₹-6 Cr-32%Jun 2026
Zee Media Corporation Ltd ZEEMEDIA₹-12 Cr—Jun 2026
Network 18 Media & Investments Ltd NETWORK18₹-38 Cr-126%Jun 2026
Prime Focus Ltd PFOCUS₹-46 Cr-142%Jun 2026
Nazara Technologies Ltd NAZARA₹-82 Cr-261%Jun 2026
New Delhi Television Ltd NDTV⚠ unverified₹-82 Cr-983%Jun 2026
Dish TV India Ltd DISHTV₹-286 Cr-840%Jun 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Showing the 12 largest of 25 companies with a series here. The remaining 13 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Amagi Media Labs Ltd · AMAGI

—
—
—
—
—
—
—
—
—
—
—
—
—
₹8 Cr
₹-11 Cr
₹4 Cr
₹3 Cr
₹31 Cr
₹34 Cr
₹34 Cr

Balaji Telefilms Ltd · BALAJITELE⚠ unverified

—
—
—
—
—
₹-3 Cr
₹8 Cr
₹11 Cr
₹12 Cr
₹0 Cr
₹-3 Cr
₹-2 Cr
₹5 Cr
₹-12 Cr
₹94 Cr
₹-6 Cr
₹-5 Cr
₹-25 Cr
₹-14 Cr
₹22 Cr

Den Networks Ltd · DEN⚠ unverified

—
—
—
—
—
₹49 Cr
₹126 Cr
₹42 Cr
₹46 Cr
₹48 Cr
₹77 Cr
₹43 Cr
₹52 Cr
₹42 Cr
₹60 Cr
₹54 Cr
₹35 Cr
₹40 Cr
₹36 Cr
₹35 Cr

Hathway Cable & Datacom Ltd · HATHWAY⚠ unverified

—
—
—
—
—
₹29 Cr
₹-15 Cr
₹22 Cr
₹20 Cr
₹22 Cr
₹35 Cr
₹18 Cr
₹26 Cr
₹14 Cr
₹35 Cr
₹31 Cr
₹18 Cr
₹22 Cr
₹11 Cr
₹25 Cr

Media Matrix Worldwide Ltd · MMWL⚠ unverified

—
—
—
—
—
₹1 Cr
₹-0 Cr
₹1 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹1 Cr
₹-0 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹4 Cr

Nazara Technologies Ltd · NAZARA

—
—
—
—
—
₹20 Cr
₹9 Cr
₹21 Cr
₹24 Cr
₹30 Cr
₹0 Cr
₹24 Cr
₹16 Cr
₹14 Cr
₹4 Cr
₹51 Cr
₹-34 Cr
₹9 Cr
₹56 Cr
₹-82 Cr

Network 18 Media & Investments Ltd · NETWORK18

—
—
—
—
—
₹9 Cr
₹-35 Cr
₹29 Cr
₹-119 Cr
₹-102 Cr
₹-196 Cr
₹-195 Cr
₹-152 Cr
₹-1.4K Cr
₹-29 Cr
₹149 Cr
₹41 Cr
₹-5 Cr
₹-30 Cr
₹-38 Cr

Panorama Studios International Ltd · PANORAMA

—
—
—
—
—
₹33 Cr
₹4 Cr
₹2 Cr
₹6 Cr
₹2 Cr
₹28 Cr
₹2 Cr
₹5 Cr
₹1 Cr
₹31 Cr
₹4 Cr
₹1 Cr
₹-2 Cr
₹7 Cr
₹13 Cr

Prime Focus Ltd · PFOCUS

₹-47 Cr
₹-11 Cr
₹-90 Cr
₹-49 Cr
₹11 Cr
₹42 Cr
₹190 Cr
₹-72 Cr
₹-257 Cr
₹-79 Cr
₹-80 Cr
₹-158 Cr
₹50 Cr
₹-99 Cr
₹-252 Cr
₹110 Cr
₹4 Cr
₹69 Cr
₹118 Cr
₹-46 Cr

PVR Inox Ltd · PVRINOX

₹-153 Cr
₹-10 Cr
₹-105 Cr
₹53 Cr
₹-71 Cr
₹16 Cr
₹-334 Cr
₹-82 Cr
₹166 Cr
₹13 Cr
₹-130 Cr
₹-179 Cr
₹-12 Cr
₹36 Cr
₹-125 Cr
₹-54 Cr
₹106 Cr
₹95 Cr
₹186 Cr
₹56 Cr

Sun TV Network Ltd · SUNTV

₹395 Cr
₹471 Cr
₹410 Cr
₹494 Cr
₹407 Cr
₹425 Cr
₹380 Cr
₹592 Cr
₹465 Cr
₹454 Cr
₹415 Cr
₹560 Cr
₹409 Cr
₹364 Cr
₹371 Cr
₹529 Cr
₹355 Cr
₹324 Cr
₹232 Cr
₹619 Cr

Zee Entertainment Enterprises Ltd · ZEEL

₹266 Cr
₹299 Cr
—
₹107 Cr
₹113 Cr
₹24 Cr
₹-196 Cr
₹-53 Cr
₹123 Cr
₹58 Cr
₹13 Cr
₹118 Cr
₹209 Cr
₹164 Cr
₹188 Cr
₹144 Cr
₹76 Cr
₹155 Cr
₹-104 Cr
₹74 Cr

Profit growth · reported quarter history

Showing the 12 largest of 24 companies with a series here. The remaining 12 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Amagi Media Labs Ltd · AMAGI

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
288%
—
750%

Balaji Telefilms Ltd · BALAJITELE⚠ unverified

—
—
—
—
—
—
—
—
—
—
-138%
-118%
-58%
—
—
—
-200%
—
-115%
—

Den Networks Ltd · DEN⚠ unverified

—
—
—
—
—
—
—
—
—
-2.0%
-39%
2.4%
13%
-13%
-22%
26%
-33%
-4.8%
-40%
-35%

Hathway Cable & Datacom Ltd · HATHWAY⚠ unverified

—
—
—
—
—
—
—
—
—
-24%
—
-18%
30%
-36%
0.0%
72%
-31%
57%
-69%
-19%

Media Matrix Worldwide Ltd · MMWL⚠ unverified

—
—
—
—
—
—
—
—
—
86%
—
48%
12%
-37%
-121%
-1.1%
-0.5%
99%
—
98%

Nazara Technologies Ltd · NAZARA

—
—
—
—
—
—
—
—
—
49%
-100%
14%
-33%
-53%
—
113%
-313%
-36%
1,300%
-261%

Network 18 Media & Investments Ltd · NETWORK18

—
—
—
—
—
—
—
—
—
-1,256%
—
-772%
—
—
—
—
—
—
—
-126%

Panorama Studios International Ltd · PANORAMA

—
—
—
—
—
—
—
—
—
-94%
657%
0.0%
-17%
-50%
11%
100%
-80%
-300%
-77%
225%

Prime Focus Ltd · PFOCUS

—
—
—
—
—
—
—
—
-2,436%
-288%
-142%
—
—
—
—
—
-92%
—
—
-142%

PVR Inox Ltd · PVRINOX

—
—
—
—
—
—
—
-255%
—
-19%
—
—
-107%
177%
—
—
—
164%
—
—

Sun TV Network Ltd · SUNTV

—
—
—
35%
3.0%
-9.8%
-7.3%
20%
14%
6.8%
9.2%
-5.4%
-12%
-20%
-11%
-5.5%
-13%
-11%
-37%
17%

Zee Entertainment Enterprises Ltd · ZEEL

—
—
—
-49%
-58%
-92%
—
-150%
8.9%
142%
—
—
70%
183%
1,346%
22%
-64%
-5.5%
-155%
-49%
10 · compare level, then change

Return On Capital Employed

Dish TV India Ltd has the highest ROCE among the 25 Entertainment & Media companies compared here, at 70%. Nila Spaces Ltd is next at 31.3%. The same company also holds the highest ROCE change, at +44 percentage points. 25 of 25 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Dish TV India Ltd leads ROCE at 70%, 38.7 percentage points above Nila Spaces Ltd. Dish TV India Ltd has the strongest latest improvement at +44 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.

LeaderDish TV India Ltd · 70%
Gap123.6% versus #2 · Nila Spaces Ltd
PersistenceNot enough history
Coverage25/25 companies · 184 observations

Investor read: Dish TV India Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.

This conclusion weakens if: The next two comparable reports reverse the current roce change signal.

ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Dish TV India Ltd DISHTV70%
2Nila Spaces Ltd NILASPACES31%
3Nazara Technologies Ltd NAZARA27%
4Basilic Fly Studio Ltd BASILIC22%
5Sun TV Network Ltd SUNTV16%
ROCE changefastest improvers
1Dish TV India Ltd DISHTV+44.0 pp
2Zee Media Corporation Ltd ZEEMEDIA+32.0 pp
3Nazara Technologies Ltd NAZARA+24.0 pp
4Amagi Media Labs Ltd AMAGI+17.0 pp
5Prime Focus Ltd PFOCUS+14.7 pp
Return on capital · company comparison
25/25 level · 25/25 change

Withheld from this chart: Nazara Technologies Ltd (NAZARA) — its two data sources disagree by up to 86% on reported income across 14 comparable periods, so its derived ratios are withheld; Amagi Media Labs Ltd (AMAGI) — its two data sources disagree by up to 6.6% on reported income across 6 comparable periods, so its derived ratios are withheld; Network 18 Media & Investments Ltd (NETWORK18) — its two data sources disagree by up to 232% on reported income across 15 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.

All-company data · latest reported quarter
CompanyROCEROCE changeReported
Prime Focus Ltd PFOCUS23%+14.7 ppJun 2026
Sun TV Network Ltd SUNTV12%−2.2 ppJun 2026
Media Matrix Worldwide Ltd MMWL⚠ unverified9.8%−4.0 ppJun 2026
PVR Inox Ltd PVRINOX6.1%+4.0 ppJun 2026
Den Networks Ltd DEN⚠ unverified5.0%−2.2 ppJun 2026
GTPL Hathway Ltd GTPL⚠ unverified3.0%−2.7 ppJun 2026
Hathway Cable & Datacom Ltd HATHWAY⚠ unverified2.3%−0.9 ppJun 2026
Hindustan Media Ventures Ltd HMVL⚠ unverified1.7%+5.0 ppJun 2026
Zee Entertainment Enterprises Ltd ZEEL1.1%−6.6 ppJun 2026
T.V. Today Network Ltd TVTODAY⚠ unverified-0.2%−6.5 ppJun 2026
Balaji Telefilms Ltd BALAJITELE⚠ unverified-12%−8.5 ppJun 2026
New Delhi Television Ltd NDTV⚠ unverified-78%−24.7 ppJun 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Balaji Telefilms Ltd · BALAJITELE⚠ unverified

-30%
—
-31%
—
-25%
—
-7.1%
—
11%
15%
8.8%
6.7%
3.3%
1.2%
-3.1%
-3.5%
-8.1%
-10%
-12%
—

Den Networks Ltd · DEN⚠ unverified

0.8%
—
2.1%
—
2.0%
—
1.5%
—
1.5%
6.4%
1.2%
7.2%
0.8%
7.2%
0.3%
7.2%
0.0%
6.2%
-0.6%
5.0%

GTPL Hathway Ltd · GTPL⚠ unverified

30%
—
25%
—
22%
—
12%
—
9.3%
10%
10%
11%
5.7%
7.2%
4.3%
5.7%
3.6%
5.6%
1.7%
3.0%

Hathway Cable & Datacom Ltd · HATHWAY⚠ unverified

4.1%
—
2.6%
—
1.9%
—
0.9%
—
0.5%
2.0%
1.2%
3.2%
1.9%
3.0%
1.5%
3.2%
1.5%
3.1%
0.3%
2.3%

Hindustan Media Ventures Ltd · HMVL⚠ unverified

-0.8%
—
-0.7%
—
-2.7%
—
-7.2%
—
-5.6%
1.0%
-6.3%
-0.3%
-5.7%
2.9%
-3.3%
6.4%
-2.3%
5.2%
1.7%
—

Media Matrix Worldwide Ltd · MMWL⚠ unverified

2.5%
—
0.6%
—
1.8%
—
7.0%
—
7.1%
6.6%
4.6%
8.9%
3.4%
7.0%
14%
10%
6.5%
6.4%
9.8%
—

New Delhi Television Ltd · NDTV⚠ unverified

20%
—
30%
—
32%
—
12%
—
-2.8%
-4.1%
-9.4%
-14%
-31%
-40%
-52%
-53%
-173%
-93%
-76%
-78%

Prime Focus Ltd · PFOCUS

4.6%
—
17%
—
36%
—
10%
—
6.6%
11%
-5.1%
-2.5%
-3.0%
5.1%
8.0%
9.9%
16%
12%
23%
—

PVR Inox Ltd · PVRINOX

-15%
—
-8.3%
—
2.7%
—
2.1%
—
3.9%
6.8%
4.3%
4.3%
1.7%
3.0%
2.1%
4.2%
4.3%
5.6%
6.1%
—

Sun TV Network Ltd · SUNTV

26%
—
25%
—
24%
—
21%
—
21%
27%
20%
26%
16%
21%
14%
20%
13%
18%
12%
—

T.V. Today Network Ltd · TVTODAY⚠ unverified

19%
—
17%
—
14%
—
11%
—
5.3%
7.0%
9.5%
16%
10%
13%
6.3%
5.1%
-0.7%
2.4%
-0.2%
—

Zee Entertainment Enterprises Ltd · ZEEL

23%
—
—
—
7.1%
5.5%
—
4.9%
5.2%
1.3%
6.5%
7.5%
7.2%
7.0%
7.7%
8.4%
6.1%
6.9%
1.1%
—

ROCE change · reported quarter history

Balaji Telefilms Ltd · BALAJITELE⚠ unverified

—
—
—
—
+5.1 pp
—
+23.4 pp
—
+36.3 pp
—
+15.9 pp
—
−7.9 pp
−13.5 pp
−11.9 pp
−10.2 pp
−11.4 pp
−11.6 pp
−8.5 pp
—

Den Networks Ltd · DEN⚠ unverified

—
—
—
—
+1.2 pp
—
−0.6 pp
—
−0.5 pp
—
−0.3 pp
—
−0.7 pp
+0.8 pp
−0.9 pp
0.0 pp
−0.8 pp
−1.0 pp
−0.9 pp
−2.2 pp

GTPL Hathway Ltd · GTPL⚠ unverified

—
—
—
—
−8.0 pp
—
−13.0 pp
—
−12.4 pp
—
−1.7 pp
—
−3.6 pp
−2.8 pp
−5.8 pp
−4.9 pp
−2.1 pp
−1.6 pp
−2.6 pp
−2.7 pp

Hathway Cable & Datacom Ltd · HATHWAY⚠ unverified

—
—
—
—
−2.2 pp
—
−1.7 pp
—
−1.4 pp
—
+0.3 pp
—
+1.4 pp
+1.0 pp
+0.3 pp
0.0 pp
−0.4 pp
+0.1 pp
−1.2 pp
−0.9 pp

Hindustan Media Ventures Ltd · HMVL⚠ unverified

—
—
—
—
−1.9 pp
—
−6.5 pp
—
−2.9 pp
—
+0.9 pp
—
−0.1 pp
+1.9 pp
+3.0 pp
+6.7 pp
+3.4 pp
+2.3 pp
+5.0 pp
—

Media Matrix Worldwide Ltd · MMWL⚠ unverified

—
—
—
—
−0.7 pp
—
+6.4 pp
—
+5.3 pp
—
−2.4 pp
—
−3.7 pp
+0.4 pp
+9.2 pp
+1.4 pp
+3.1 pp
−0.6 pp
−4.0 pp
—

New Delhi Television Ltd · NDTV⚠ unverified

—
—
—
—
+11.7 pp
—
−17.1 pp
—
−34.8 pp
—
−21.8 pp
—
−28.2 pp
−36.2 pp
−42.3 pp
−38.7 pp
−142.4 pp
−52.7 pp
−24.5 pp
−24.7 pp

Prime Focus Ltd · PFOCUS

—
—
—
—
+31.3 pp
—
−6.9 pp
—
−29.3 pp
—
−15.3 pp
—
−9.6 pp
−5.6 pp
+13.1 pp
+12.4 pp
+19.4 pp
+7.0 pp
+14.7 pp
—

PVR Inox Ltd · PVRINOX

—
—
—
—
+17.7 pp
—
+10.4 pp
—
+1.2 pp
—
+2.2 pp
—
−2.2 pp
−3.8 pp
−2.2 pp
−0.1 pp
+2.6 pp
+2.6 pp
+4.0 pp
—

Sun TV Network Ltd · SUNTV

—
—
—
—
−2.1 pp
—
−4.0 pp
—
−2.7 pp
—
−0.4 pp
—
−4.6 pp
−5.6 pp
−6.2 pp
−6.1 pp
−3.6 pp
−3.8 pp
−2.2 pp
—

T.V. Today Network Ltd · TVTODAY⚠ unverified

—
—
—
—
−5.0 pp
—
−6.6 pp
—
−8.4 pp
—
−1.3 pp
—
+4.7 pp
+6.2 pp
−3.2 pp
−11.0 pp
−10.7 pp
−10.8 pp
−6.5 pp
—

Zee Entertainment Enterprises Ltd · ZEEL

—
—
—
—
−15.4 pp
—
—
—
−1.9 pp
−4.2 pp
—
+2.6 pp
+2.0 pp
+5.7 pp
+1.2 pp
+0.9 pp
−1.1 pp
−0.1 pp
−6.6 pp
—
11 · compare level, then change

Valuation Against Growth & Quality

Zee Entertainment Enterprises Ltd has the lowest PEG among the 25 Entertainment & Media companies compared here, at 0.28×. PVR Inox Ltd is next at 0.71×. Hindustan Media Ventures Ltd has the lowest P/E at 3.67×, so level and change sit with different companies. 3 of 25 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Zee Entertainment Enterprises Ltd has the lowest comparable PEG at 0.28×, 60.6% below PVR Inox Ltd. Only 3 of 25 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderZee Entertainment Enterprises Ltd · 0.28×
Gap60.6% versus #2 · PVR Inox Ltd
Persistence0/8 recent comparable periods
Coverage3/25 companies · 13 observations

Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.

This conclusion weakens if: The next two comparable reports reverse the current p/e signal.

PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
PEGlowest PEG
1Zee Entertainment Enterprises Ltd ZEEL0.3
2PVR Inox Ltd PVRINOX0.7
3Sun TV Network Ltd SUNTV1.4
P/Elowest P/E
1Hindustan Media Ventures Ltd HMVL⚠ unverified3.7
2H T Media Ltd HTMEDIA4.8
3DAPS Advertising Ltd 543651 · older report8.5
4Den Networks Ltd DEN⚠ unverified8.7
5Basilic Fly Studio Ltd BASILIC9.5
Valuation · company comparison
3/25 level · 20/25 change
All-company data · latest reported quarter
CompanyPEGP/EReported
Sun TV Network Ltd SUNTV1.413.6Jun 2026
Zee Entertainment Enterprises Ltd ZEEL0.338.4Jun 2026
City Pulse Multiventures Ltd 542727—1,506.2Mar 2026
DAPS Advertising Ltd 543651—9.1Sep 2025
Bright Outdoor Media Ltd 543831—38.4Sep 2025
Prime Focus Ltd PFOCUS—49.8Jun 2026
Nazara Technologies Ltd NAZARA—11.2Jun 2026
Amagi Media Labs Ltd AMAGI—110.6Jun 2026
PVR Inox Ltd PVRINOX—45.3Jun 2026
Network 18 Media & Investments Ltd NETWORK18—141.9Jun 2026
Hathway Cable & Datacom Ltd HATHWAY⚠ unverified—25.0Jun 2026
Media Matrix Worldwide Ltd MMWL⚠ unverified—274.0Jun 2026
Panorama Studios International Ltd PANORAMA—77.8Jun 2026
Den Networks Ltd DEN⚠ unverified—9.0Jun 2026
Balaji Telefilms Ltd BALAJITELE⚠ unverified—18.6Jun 2026
New Delhi Television Ltd NDTV⚠ unverified—51.2Jun 2026
GTPL Hathway Ltd GTPL⚠ unverified—42.4Jun 2026
T.V. Today Network Ltd TVTODAY⚠ unverified—30.3Jun 2026
Hindustan Media Ventures Ltd HMVL⚠ unverified—4.0Jun 2026
H T Media Ltd HTMEDIA—5.7Jun 2026
Entertainment Network (India) Ltd ENIL—264.5Jun 2026
Zee Media Corporation Ltd ZEEMEDIA—74.8Jun 2026
Basilic Fly Studio Ltd BASILIC—8.0Mar 2026
Nila Spaces Ltd NILASPACES—17.9Jun 2026
Dish TV India Ltd DISHTV—15.0Jun 2026
Full 20-quarter history · every available company

PEG · reported quarter history

Sun TV Network Ltd · SUNTV

0.4
0.3
0.3
0.3
1.3
—
—
0.5
—
2.2
1.4
—
—
—
—
—
—
—
—
—

Zee Entertainment Enterprises Ltd · ZEEL

—
—
—
0.8
—
—
—
—
9.9
—
—
—
1.0
0.8
—
—
—
0.3
—
—

P/E · reported quarter history

Showing the 12 largest of 25 companies with a series here. The remaining 13 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.

Amagi Media Labs Ltd · AMAGI

—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
858.3
110.6

Balaji Telefilms Ltd · BALAJITELE⚠ unverified

—
—
—
—
—
—
-10.1
-185.6
22.5
26.9
25.5
35.8
76.1
71.5
8.3
—
19.6
19.2
15.4
18.6

Den Networks Ltd · DEN⚠ unverified

12.6
10.9
11.2
8.9
10.5
10.7
8.0
6.7
8.8
10.1
8.3
11.8
11.6
8.8
6.8
8.9
7.7
7.9
6.1
9.0

Hathway Cable & Datacom Ltd · HATHWAY⚠ unverified

17.7
18.1
16.7
19.3
22.8
23.4
19.6
37.7
50.0
62.4
65.3
38.9
38.0
27.3
24.5
30.2
23.6
22.5
15.5
25.0

Media Matrix Worldwide Ltd · MMWL⚠ unverified

756.0
910.0
1,255.0
878.0
1,105.0
1,224.0
599.0
1,217.0
1,223.0
971.0
551.7
450.2
453.4
340.8
162.8
537.7
382.3
337.7
225.0
274.0

Nazara Technologies Ltd · NAZARA

—
234.5
176.5
138.4
121.9
112.5
85.0
116.1
112.3
98.2
69.4
69.4
78.3
80.0
73.1
114.2
78.4
74.2
—
11.2

Network 18 Media & Investments Ltd · NETWORK18

52.0
62.0
48.4
32.4
34.7
58.0
387.5
394.3
—
—
—
—
—
—
—
—
—
732.3
130.6
141.9

Panorama Studios International Ltd · PANORAMA

14.5
16.9
—
159.0
209.7
—
6.0
8.8
7.0
9.4
62.9
31.0
43.5
35.3
34.2
31.1
26.0
25.2
24.4
77.8

Prime Focus Ltd · PFOCUS

—
—
—
—
-15.9
-20.8
103.9
19.0
22.2
22.1
—
—
-21.1
—
—
-22.0
37.1
63.3
47.1
49.8

PVR Inox Ltd · PVRINOX

—
—
—
-52.8
—
-98.3
—
—
-72.4
-69.0
—
—
—
-45.1
—
—
-282.3
445.1
126.6
45.3

Sun TV Network Ltd · SUNTV

12.3
11.6
10.7
10.0
11.3
10.8
9.4
10.1
13.4
15.1
12.5
15.4
17.4
14.7
14.7
13.5
12.0
13.6
14.2
13.6

Zee Entertainment Enterprises Ltd · ZEEL

29.1
25.9
25.8
19.6
24.4
25.5
27.0
44.9
84.2
84.5
61.0
44.1
32.3
28.0
15.9
18.1
14.1
13.7
12.4
38.4
12 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Entertainment & Media comparison names 7 specific ways its own evidence can mislead, all listed below. 2 of the 25 companies report on an older date than the sector's freshest reporters, so their ranks are marked stale. 8 draw at least one figure from a second feed with too little overlap to cross-check.

Keep these limits visible

  • A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
  • A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
  • The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
  • An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
  • 2 companies have older fundamental reporting dates than the sector’s freshest reporters; their ranks carry a stale marker.
  • 8 companies draw at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; they are marked unverified wherever those figures appear.
  • 3 companies are missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
13 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 25 Entertainment & Media companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-09-11. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.

FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-09-11 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing4 cross-checked · 18 unverified · 3 withheld, of 25 graded companies.
How a second data feed is admitted, and what happens when it disagrees

A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from.

14 · questions investors ask, short speakable answers

Entertainment & Media company comparison FAQs

These 24 answers restate the Entertainment & Media comparison above in question form. Every one is computed from the same 25 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-09-11. Nothing here is estimated, and none of it is a recommendation.

Is the Entertainment & Media sector outperforming NIFTY 500?

Entertainment & Media has underperformed NIFTY 500 by 15.4% over 52 weeks and 4.6% over 13 weeks. 8 of 24 covered companies beat NIFTY on Mansfield relative strength, while 8 of 23 beat the sector itself.

Which Entertainment & Media company is largest by revenue?

Zee Entertainment Enterprises Ltd leads with revenue of ₹8,181 crore, based on 24 of 25 comparable companies through Jun 2026.

Which Entertainment & Media company is growing fastest?

City Pulse Multiventures Ltd has the fastest current revenue growth at 100%, across 22 of 25 comparable companies.

Which Entertainment & Media company has the strongest 4-Factor Sector Score?

Nila Spaces Ltd ranks first at 71.2/100 with 81% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Entertainment & Media company has the lowest comparable PEG?

Zee Entertainment Enterprises Ltd has the lowest comparable PEG at 0.28, among 3 of 25 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Entertainment & Media comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.

How is the 4-Factor Sector Score calculated?

The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.

Is there a Nifty Entertainment & Media index?

NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Entertainment & Media, this page builds its own equal-weight basket of 25 listed Entertainment & Media companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.

Which are the best Entertainment & Media stocks in India?

Ranked by this page's four-factor score, Nila Spaces Ltd places first among 25 listed Entertainment & Media companies, followed by PVR Inox Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.

How many Entertainment & Media stocks are listed in India?

This comparison covers 25 listed Entertainment & Media companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.

Which Entertainment & Media company is the biggest?

Zee Entertainment Enterprises Ltd is the largest, with trailing-twelve-month revenue of ₹8,181 crore, ahead of PVR Inox Ltd at ₹6,842 crore. That covers 24 of 25 companies with comparable reporting through Jun 2026.

Which Entertainment & Media company has the best profit margins?

City Pulse Multiventures Ltd has the highest operating margin at 78.6%, from 25 of 25 comparable companies. Balaji Telefilms Ltd shows the biggest recent improvement, at +24 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Entertainment & Media company makes the most profit?

Sun TV Network Ltd earns the most, at ₹1,530 crore of trailing-twelve-month net profit, from 24 of 25 comparable companies. City Pulse Multiventures Ltd has the fastest profit growth at the ≥100% scoring cap, though growth off a small or recovering profit base overstates how much has actually changed.

Which Entertainment & Media company earns the highest return on capital?

Dish TV India Ltd leads on return on capital employed at 70%, across 25 of 25 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.

Which Entertainment & Media stock is the cheapest?

On PEG — where a LOWER number is cheaper — Zee Entertainment Enterprises Ltd screens cheapest at 0.28×. Only 3 of 25 companies have earnings and growth steady enough for the ratio to mean anything, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.

Is the Entertainment & Media sector beating the market?

Entertainment & Media has underperformed NIFTY 500 by 15.4% over the last 52 weeks and 4.6% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 8 of 24 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Entertainment & Media stock has the strongest price momentum?

Nazara Technologies Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.

Which Entertainment & Media company scores highest for research priority?

Nila Spaces Ltd scores 71.2 out of 100 with 81% evidence confidence, from 28.5 points on growth and earnings, 20 on capital efficiency, 11.6 on valuation and 11.1 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.

How many Entertainment & Media companies does this comparison cover, and over what period?

It compares 25 listed companies over up to 20 reported quarters of fundamentals, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.

What is the total market cap of the Entertainment & Media sector?

The 25 Entertainment & Media companies on this page carry ₹1,08,005 crore of combined market value. Prime Focus Ltd is the largest at ₹24,208 crore, about 22% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-09-17.

What is the Entertainment & Media sector's P/E ratio?

The median price-to-earnings ratio across the 25 Entertainment & Media companies on this page is 38.3×, measured on the 20 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-09-17.

How is the Entertainment & Media sector performing?

8 of the 24 covered Entertainment & Media companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 15.4% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-09-17.

Why are some values on this page blank?

A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.

Is this investment advice?

No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.

About

Not SEBI Registered !! Not Investment advice !!

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