New Delhi Television Limited (NDTV)

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New Delhi Television Limited (NDTV) · mywealthgrid

About

NDTV operates in TV broadcasting and software production within the entertainment sector. With a market cap of ₹863 Cr and quarterly revenues of ₹50–₹150 Cr (standalone), the company is currently unprofitable (ROE -345%, OPM -49.31%) with 69.02% promoter ownership and no dividends since 2008.

Founded: 1988
Face value: ₹4

Market cap

₹768 Cr

P/E

—

P/B

6.0×

Dividend yield

ROE

-345%

ROCE

-72.7%

Debt / equity

1.45

OPM

-49.3%

EPS (TTM)

₹-29.3

Book value

₹11.4

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Operating losses persistent (OPM -49.31%, quarterly range -40.85% to -105.63%); verify profitability path.
Leverage elevated (D/E 1.45) with cash burn (negative profit across all recent quarters); verify debt refinancing needs and covenant status.
Institutional abandonment (FII 0%, DII 0%) despite promoter 69.02%; verify market confidence and retail exit options.
Stock declined 41.84% in 1y (₹59.28–₹158.06 range); verify if repricing reflects fundamentals or sector/liquidity factors.

Generated analysis · source review pending

Growth drivers

Revenue scale ₹50–₹150 Cr quarterly; verify cost base and margin recovery potential.
Software production segment contribution; verify profitability, margins, and strategic importance.
OPM volatility (-40.85% to -105.63%) suggests fixed-cost leverage; verify quarterly cost drivers and rationalization roadmap.
Indian media sector growth potential; verify NDTV's competitive positioning and addressable market.

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹68.1-1.4%1Y

Quick read

rule-based

Pros

+High promoter holding of 69% with no pledge

Cons

−Low return on equity of -163% (3-yr avg)
−Modest revenue growth of 8.1% a year over the last 5 years
−Weak interest coverage of -9.2×

Research score

Structured signal from quality, growth, valuation and momentum.

35/100

Business quality: 5
Growth: 22
Valuation: 77

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	429	399	373	358	396	386	370	465	528
	463	360	322	285	296	328	399	644	789
	-34	38	51	73	101	58	-29	-179	-261
OPM %	-8%	9.6%	13.8%	20.4%	25.4%	14.9%	-7.8%	-38.6%	-49.4%
Depreciation	15	12	11	10	19	17	9	24	36
Interest	21	28	25	23	10	3	5	20	31
	-3	22	20	50	24	26	23	7	7
Profit before tax	-73	21	36	90	96	63	-20	-217	-321
Tax	11	9	8	15	11	10	1	1	2
Tax %	15.1%	44.7%	21.4%	17.1%	11.8%	16.3%	6.5%	0.4%	0.8%
	-84	11	28	75	85	53	-21	-218	-323
PAT margin %	-19.7%	2.9%	7.5%	20.9%	21.4%	13.7%	-5.8%	-46.9%	-61.2%
EPS (₹)	-12.4	1.6	3.8	11	12.4	7.6	-3.1	-33.5	-36.9
EPS adjusted (₹)	—	—	3.8	11	12.4	7.6	-3.1	-33.5	-28.6
Annual report	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	Annual report for Mar 2026

₹ Cr	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	26	26	26	26	26	26	45
Reserves	—	126	207	254	233	33	83
Minority interest	—	19	24	29	28	2	1
	—	60	7	3	31	261	186
	—	224	215	155	283	322	389
Total equity & liabilities	—	454	479	466	599	643	704
	38	42	46	27	29	120	120
CWIP	—	—	—	—	36	0	1
Investments	—	61	54	49	52	34	34
	—	351	379	389	482	489	549
Total assets	—	454	479	466	599	643	704

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs.

Source XBRL ↗

Latest reported period · 31 Mar 2020 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities
Television media and related operations	368.83	64.01	—	392.07
Retail/E-commerce	7.04	-2.25	—	1.31

SegmentFigure

Retail/E-commerce · revenue

₹ crore by fiscal year

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	—	—	—	—
EBITDA margin %	11.6%	14.1%	20.4%	24.8%	14.8%	-7.8%	-38.4%	-49.3%
EBIT margin %	8.6%	11.2%	17.7%	20%	10.3%	-10.4%	-43.7%	-56.1%
PAT margin %	2.9%	7.5%	20.9%	21.4%	13.7%	-5.8%	-46.9%	-61.2%
Working capital
Receivable days	—	—	108	68	70	128	110	111
Inventory days	—	—	0	0	0	0	0	0
Payable days	—	—	141	74	67	84	80	77
NWC days	—	—	-33	-6	3	43	30	34
Leverage
Current ratio	—	—	0.91	1.27	1.56	1.22	0.97	0.99
Debt to EBITDA	—	—	0.82	0.07	0.05	—	—	—
Debt to equity	—	—	0.39	0.03	0.01	0.12	4.44	1.45
Interest coverage	2.2	2.5	4.9	10.2	18.8	-3.4	-9.6	-9.2
Asset turnover	—	—	0.79	0.83	0.83	0.62	0.72	0.75
Return ratios
Return on assets %	—	—	16.5%	17.7%	11.4%	-3.6%	-33.9%	-45.9%
Return on capital employed %	—	—	56.8%	43.6%	17.9%	-4.3%	-48.9%	-72.7%
Return on equity %	—	—	49.4%	36.4%	18.9%	-8.3%	-371.2%	-252%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	69.71%	69.71%	69.71%	64.71%	64.71%	64.71%	64.71%	64.71%	64.71%	69.02%	69.02%	69.02%
	0.05%	0.13%	0.14%	0.09%	0.1%	0.1%	0.14%	0.12%	0.11%	0.05%	0.04%	0%
DII	0.03%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	30.21%	30.16%	30.15%	35.2%	35.19%	35.19%	35.15%	35.17%	35.18%	30.93%	30.94%	30.98%
No. of shareholders	—	—	—	—	—	—	—	—	78,358	80,423	78,156	77,690

Promoter holding down 0.69 percentage points since Sep 2023.

91 deals · 28 Oct 2021 – 9 Jul 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
9 Jul 2026	INFINITY DATA TECHNOLOGIES PRIVATE LIMITED	Bulk	NSE	Buy	8,76,168	₹83.83	₹7.34 Cr
9 Jul 2026	INFINITY DATA TECHNOLOGIES PRIVATE LIMITED	Bulk	NSE	Sell	6,30,929	₹83.54	₹5.27 Cr
16 Dec 2025	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	15,13,861	₹93.36	₹14.13 Cr
16 Dec 2025	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	15,13,861	₹93.27	₹14.12 Cr
16 Dec 2025	SILVERLEAF CAPITAL SERVICES PRIVATE LIMITED	Bulk	NSE	Buy	11,54,389	₹93.23	₹10.76 Cr
16 Dec 2025	SILVERLEAF CAPITAL SERVICES PRIVATE LIMITED	Bulk	NSE	Sell	11,54,389	₹93.33	₹10.77 Cr
16 Dec 2025	IRAGE BROKING SERVICES LLP	Bulk	NSE	Buy	9,12,095	₹93.68	₹8.54 Cr
16 Dec 2025	IRAGE BROKING SERVICES LLP	Bulk	BSE	Sell	8,62,044	₹93.82	₹8.09 Cr
16 Dec 2025	PACE STOCK BROKING SERVICES PVT LTD	Bulk	NSE	Sell	7,78,408	₹93.47	₹7.28 Cr
16 Dec 2025	PACE STOCK BROKING SERVICES PVT LTD	Bulk	NSE	Buy	7,78,033	₹93.29	₹7.26 Cr

1–10 of 91

1 / 10

Mr. Upendra Kumar SinhaNon-Executive - Independent Director-Chairperson
Mr. Sanjay PugaliaExecutive Director
Mr. Senthil ChengalvarayanNon-Executive - Non Independent Director
Mr. Viral Jagdish DoshiNon-Executive - Independent Director
Ms. Dipali Balkrishan GoenkaNon-Executive - Independent Director
Mr. Dinesh Kumar MittalNon-Executive - Independent Director
Mr. Rahul KanwalChief Executive Officer
Mr. Akhil Kumar GuptaChief Financial Officer
Ms. Parinita Bhutani DuggalCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in New Delhi Television Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

2

Dividend dividend12 Sept 2008 · ex-date₹0.8
Dividend dividend6 Jul 2007 · ex-date₹0.8

1

Board meeting to consider results21 Jul 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

10 announcementsExport CSV

28 Sept 2026, 5:41 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	—	—	—	—
EBITDA margin %	11.6%	14.1%	20.4%	24.8%	14.8%	-7.8%	-38.4%	-49.3%
EBIT margin %	8.6%	11.2%	17.7%	20%	10.3%	-10.4%	-43.7%	-56.1%
PAT margin %	2.9%	7.5%	20.9%	21.4%	13.7%	-5.8%	-46.9%	-61.2%
Working capital
Receivable days	—	—	108	68	70	128	110	111
Inventory days	—	—	0	0	0	0	0	0
Payable days	—	—	141	74	67	84	80	77
NWC days	—	—	-33	-6	3	43	30	34
Leverage
Current ratio	—	—	0.91	1.27	1.56	1.22	0.97	0.99
Debt to EBITDA	—	—	0.82	0.07	0.05	—	—	—
Debt to equity	—	—	0.39	0.03	0.01	0.12	4.44	1.45
Interest coverage	2.2	2.5	4.9	10.2	18.8	-3.4	-9.6	-9.2
Asset turnover	—	—	0.79	0.83	0.83	0.62	0.72	0.75
Return ratios
Return on assets %	—	—	16.5%	17.7%	11.4%	-3.6%	-33.9%	-45.9%
Return on capital employed %	—	—	56.8%	43.6%	17.9%	-4.3%	-48.9%	-72.7%
Return on equity %	—	—	49.4%	36.4%	18.9%	-8.3%	-371.2%	-252%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Sun Tv Network LimitedSUNTVSUNTV	₹23,642 Cr	₹23,642 Cr	₹4,502 Cr	₹2,330 Cr	51.1%	₹1,530 Cr	33.2%	16.8%	11.9%	-13
Hathway Cable & Datacom LimitedHATHWAYHATHWAY	₹1,650 Cr	₹1,650 Cr	₹2,184 Cr	₹310 Cr	15%	₹76 Cr	3.8%	2.4%	1.9%	-49
Den Networks LimitedDENDEN	₹1,213 Cr	₹1,213 Cr	₹976 Cr	₹60 Cr	7%	₹148 Cr	17%	5.5%	4.5%	-75
New Delhi Television LimitedNDTVNDTV	₹768 Cr	₹954 Cr	₹523 Cr	₹-271 Cr	-49.3%	₹-330 Cr	-61.2%	-72.7%	-345%	34
Gtpl Hathway LimitedGTPLGTPL	₹623 Cr	₹850 Cr	₹3,831 Cr	₹403 Cr	10.9%	₹8 Cr	0.3%	3.5%	1.4%	-31
Tv Today Network LimitedTVTODAYTVTODAY	₹607 Cr	₹622 Cr	₹820 Cr	₹37 Cr	3.8%	₹17 Cr	1.8%	4.6%	1.6%	76
Zee Media Corporation LimitedZEEMEDIAZEEMEDIA	₹472 Cr	₹482 Cr	₹768 Cr	₹102 Cr	13.9%	₹-1 Cr	0.3%	5.3%	0.9%	69
Dish Tv India LimitedDISHTVDISHTV	₹396 Cr	₹396 Cr	₹1,099 Cr	₹-188 Cr	-0.6%	₹-999 Cr	-69.4%	—	—	-1,724
Aqylon Nexus LimitedAQYLONAQYLON	₹392 Cr	₹392 Cr	₹5 Cr	₹-0 Cr	6.1%	₹-24 Cr	-366.5%	21.4%	—	-31
B.a.g Films And Media LimitedBAGFILMSBAGFILMS	₹89 Cr	₹89 Cr	₹157 Cr	₹20 Cr	11.9%	₹5 Cr	3.4%	5.8%	2.3%	290
Raj Television Network LimitedRAJTVRAJTV	₹56 Cr	₹77 Cr	₹69 Cr	₹3 Cr	5.9%	₹-0 Cr	1.1%	2.7%	0.6%	99
Crystal Business System LtdCRYSTALCRYSTAL	₹19 Cr	₹22 Cr	₹17 Cr	₹2 Cr	4%	₹1 Cr	1.4%	2.8%	0.8%	126

Date	Category	Subject	Filing
28 Sept 2026, 5:41 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
19 Aug 2026, 6:30 pm	Company Update Credit Rating	Announcement under Regulation 30 (LODR)-Credit Rating	PDF
17 Aug 2026, 4:50 pm	Company Update Acquisition	Announcement under Regulation 30 (LODR)-Updates on Acquisition	PDF
14 Aug 2026, 6:07 pm	Company Update General	Change Of Name Of The Company'S English News Channel From 'NDTV 24X7' To 'NDTV'	PDF
23 Jul 2026, 5:18 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
21 Jul 2026, 6:20 pm	Result Financial Results	Un-Audited Financial Results (Standalone And Consolidated) For The Quarter Ended June 30, 2026.	PDF
21 Jul 2026, 6:15 pm	Board Meeting Outcome of Board Meeting	Board Meeting Outcome for Outcome Of Board Meeting Held On July 21, 2026	PDF
17 Jul 2026, 7:40 pm	Company Update Acquisition	Announcement under Regulation 30 (LODR)-Updates on Acquisition	PDF

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	37	60	9	10	-130	-256
	-15	-6	-10	-28	-75	-23
	-42	-59	8	21	200	284
Net cash flow	-21	-5	7	4	-5	5
Free cash flow	28	53	-2	-27	-209	-289
CFO / Operating profit %	50.8%	60.8%	15.4%	—	—	—

New Delhi Television Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Retail/E-commerce · revenue

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

2

1

Announcements

Not in the F&O segment

No fund holdings on record

2

1

Announcements

Annual reports

Credit ratings

Segment results

Retail/E-commerce · revenue

Compounded sales growth

Return on equity

New Delhi Television Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Retail/E-commerce · revenue

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Dividends2

Board meetings1

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Dividends2

Board meetings1

Quarterly record

Bulk & block deals

Board and management

Announcements

Annual reports

Credit ratings

Profit & loss

Balance sheet

Segment results

Retail/E-commerce · revenue

Cash flow

Compounded returns

Compounded sales growth

Return on equity

2

1

2

1