āagman

Not investment advice. Data and computed figures, for information only.

Network 18 Media & Investments Ltd

NSE: NETWORK18
₹26.68
+₹0.20 (+0.76%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹3,807 Cr
CMP
₹26.68
52-wk High / Low
₹53 / 24
P/B
0.8
Book Value
₹31.9
Div Yield
0.00%
ROCE
3.0%
ROE
0.8%
Face Value
₹5
D/E
0.67

Price−49.1% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 13 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
4
/ 9
4 of 9 F-score tests passed
Graham Number
₹27
√(22.5 × EPS × book value per share)
ROIC
−1.1%
vs 6.8% sector median
Cash flow to profit
−0.18
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+70
bps OPM YoY
Operating margin vs the same quarter last year
ROE stability
50.4
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −1.96DII −0.01
Latest quarter vs the previous one
Cash-accrual divergence
2.1%
of assets
Low = accruals track cash flow
Strengths
Watch-outs
−Latest ROCE of 3% trails the sector median of 13.5%
−Borrowings are up 320.5% since FY2016 (782 to 3288)
−Price trades below its 200-day moving average (0.8x)
−Price is 49.7% below its 52-week high
−Promoter holding fell by 18.1pp over the last year

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales3,2391,8661,7742,4193,1411,8251,360561468498539616516
Expenses3,3232,0841,9452,6093,2892,0051,382542464498530585509
Operating Profit−84−218−172−190−148−179−22194010308
OPM %−2.6%−11.7%−9.7%−7.9%−4.7%−9.8%−1.6%3.4%0.9%0.0%1.9%4.9%1.6%
Other Income221224187176174270−1,22540231124692642
Interest686674114150170102555248505457
Depreciation41574369706952333434333231
Profit before tax27−118−102−197−194−148−1,400−2914941−5−30−38
Net Profit29−119−102−196−195−152−1,400−2914941−5−30−38
EPS (₹)−0.37−0.79−0.56−1.05−1.20−0.92−9.31−0.200.960.26−0.04−0.20−0.25

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales3,1271,5271,4911,8395,1165,3574,7055,8806,2239,2976,8882,1212,169
Expenses3,2941,4741,6471,8765,0494,7863,9334,7996,0869,9557,2242,0782,122
Operating Profit−16753−156−37685717721,081137−658−3374347
OPM %−5.3%3.5%−10.5%−2.0%1.3%10.7%16.4%18.4%2.2%−7.1%−4.9%2.0%2.2%
Other Income−735985511042−174474183801−734449260
Interest11367809619823615797209322477205209
Depreciation75588089142175147120128210223133129
Profit before tax−1,09026−261−111−231143512939−16−389−1,771155−32
Net Profit−1,11796−271−173−17856547838−16−325−1,777155−32
EPS (₹)−10.120.92−2.23−1.47−2.89−2.260.311.98−0.80−1.97−10.940.99−0.23

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital523518518518518518518518518518765765—
Reserves1,0971,359765616293−12923715714,7103,9774,153—
Borrowings1,0017821,3072,2033,0453,2652,5542,2846,0698,1562,9603,288—
Other Liabilities3,0802,9292,4574,1724,5944,8345,1566,1017,23616,498795790—
Total Liabilities5,7015,5885,0467,5098,4508,6168,2579,14013,98039,8818,4988,996—
Fixed Assets2,6271,6801,7662,9072,8682,9732,9292,8763,0553,6811,7881,753—
CWIP1916525478712625991611,62702—
Investments7392,6812,1826699237967718699584,1885,6826,123—
Other Assets2,3161,2101,0943,9084,6124,7604,4305,1379,05120,3851,0271,118—
Total Assets5,7015,5885,0467,5098,4508,6168,2579,14013,98039,8818,4988,996—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity−9987−17890−204781,346641−2,804−6,465−1,912−28
Cash from Investing Activity135−140−362−57−445−86−85−249−7189,929−3,636−19
Cash from Financing Activity−81−6518131645−62−1,049−3813,4111,13972083
Net Cash Flow−45−59−22164−3−7121212−1114,603−4,82836

Ratios

As of 31 Mar 2026
12 periods
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %−4.02.0−4.00.0−1.07.010.016.02.00.01.03.0
ROE %———————————0.8
EPS (₹)−10.120.92−2.23−1.47−2.89−2.260.311.98−0.80−1.97−10.940.99
Book Value (₹)———————————31.9
Face Value (₹)———————————5
P/E————————————
Div Yield %———————————0.00
NPM %−46.75.9−17.5−8.9−3.51.011.514.1−0.2−3.2−28.96.0
OPM %−5.03.5−10.0−2.01.311.016.018.02.2−7.0−4.92.0
D/E0.620.421.021.943.756.324.673.038.990.540.620.67
P/B———————————0.8

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+3.0%
5 years−15.0%
3 years−30.0%
TTM−49.0%
Compounded profit growth
10 years−9.0%
5 years+2.0%
3 years+34.0%
TTM+99.0%
Stock price CAGR
10 years−6.0%
5 years−20.0%
3 years−33.0%
Last year−53.0%
Return on equity
10 years−4.0%
5 years−2.0%
3 years−2.0%
Last year1.0%

Shareholding pattern

As of 31 Mar 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%75.00%56.89%56.89%56.89%
FIIs2.85%2.85%3.48%4.07%3.15%3.81%4.80%5.62%3.54%6.98%6.29%4.33%
DIIs2.94%2.94%2.45%1.33%1.29%0.08%0.46%0.58%0.05%0.19%0.13%0.12%
Government————————————
Public19.21%19.21%19.07%19.60%20.56%21.11%19.74%18.80%21.42%35.94%36.68%38.66%
No. of shareholders73,41673,41665,52865,33469,3161,02,1281,29,0041,32,3571,45,3025,74,5485,31,5805,25,106
Change since Jun 2023 (pp)
Promoters −18.11FIIs +1.48DIIs −2.82Public +19.45

Documents

As of 11 Oct 2026
Announcements
Closure of Trading WindowShareholder Meeting / Postal Ballot-Scrutinizer''s ReportShareholder Meeting / Postal Ballot-Outcome of AGMNewspaper Advertisement - Notice Of The 31St Annual General MeetingBusiness Responsibility and Sustainability Reporting (BRSR)
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Jul 2025PPTFeb 2020PPT

Corporate actions

As of 11 Sep 2012
11 Sep 2012RIGHTSRights 307:50 @ Premium Rs.25/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman