Raj Television Network Limited (RAJTV)

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Raj Television Network Limited (RAJTV) · mywealthgrid

About

Raj Television Network Limited operates in TV Broadcasting & Software Production within the Consumer Discretionary sector.

Face value: ₹5

Market cap

₹56 Cr

P/E

—

P/B

0.5×

Dividend yield

ROE

0.6%

ROCE

2.7%

Debt / equity

0.17

OPM

5.9%

EPS (TTM)

₹-0.1

Book value

₹23.9

52-week high

—

52-week low

—

2,522 historical price candles were omitted because the exchange source has not been verified.

₹10.8+2%1Y

Quick read

rule-based

Pros

+Profit CAGR of 43.5% over the last 5 years
+High promoter holding of 71% with no pledge

Cons

−Low return on equity of -4.8% (3-yr avg)
−Thin operating margin of 5.9%
−Revenue shrank over the last 5 years (-2.2% a year)
−Weak interest coverage of 1.4×

Research score

Structured signal from quality, growth, valuation and momentum.

27/100

Business quality: 20
Growth: 0
Valuation

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

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

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Financials

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

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	82	13	13	62	59	78	69	85	106	126	70
COGS	—	0	0	0	0	0	0	48	78	115	43
Gross profit	—	—	—	—	—	—	—	37	29	11	27
	84	13	13	49	48	65	58	31	24	30	23
	-1	-0	-0	14	11	13	12	6	5	-20	4
OPM %	-1.6%	-3.3%	-3.3%	21.8%	19.3%	16.4%	16.9%	6.7%	4.6%	-15.7%	5.9%
Depreciation	—	2	2	6	7	7	7	2	2	2	1
Interest	5	2	2	5	4	6	4	3	3	4	3
	0	0	0	1	0	0	0	1	0	0	1
Profit before tax	-5	-4	-4	4	0	0	1	2	1	-25	1
Tax	3	1	1	-2	0	0	0	1	0	-4	0
Tax %	57.3%	39.5%	39.5%	-49.7%	97.1%	63.9%	18.7%	32.1%	33.3%	-15.1%	31.9%
	-8	-5	-5	5	0	0	1	1	1	-21	1
PAT margin %	-10.2%	-38.8%	-38.8%	8.7%	0%	0.2%	1.6%	1.3%	0.8%	-16.7%	1.1%
EPS (₹)	-1.6	-0.1	-0.1	1	0	0	0.2	0.2	0	-4.1	0.2
EPS adjusted (₹)	—	—	—	—	—	0	0.2	0.2	0.2	-4.1	0.2
	—	—	—	9.6%	—	—	0%	0%	—	—	—
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	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	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	26	26	26	26	26	26
Reserves	116	117	118	119	98	98
	23	24	20	19	26	21
	34	23	37	20	40	26
Total equity & liabilities	198	190	201	183	190	171
	104	98	120	118	117	116
CWIP	0	0	0	—	—	—
Investments	0	0	0	0	6	0
	94	92	82	65	67	55
Total assets	198	190	201	183	190	171

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	9	3	31	4	-5	8
	-0	-1	-24	0	0	0
	-8	-3	-7	-4	3	-8
Net cash flow	0	-0	-0	0	-2	-0
Free cash flow	9	3	7	4	-5	8
CFO / Operating profit %	69%	27.9%	539.4%	78.4%	—	182.8%

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Ratios

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

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	43.5%	26.8%	8.5%	39.2%
EBITDA margin %	21.8%	19.3%	16.4%	16.9%	6.7%	4.6%	-15.7%	5.9%
EBIT margin %	11.7%	7.7%	7.7%	7%	4.8%	3.1%	-16.9%	4.7%
PAT margin %	8.7%	0%	0.2%	1.6%	1.3%	0.8%	-16.7%	1.1%
Working capital
Receivable days	—	—	281	307	232	88	133	156
Inventory days	—	—	4	31	0	46	0	0
Payable days	—	—	27	27	202	28	72	58
NWC days	—	—	258	311	31	106	61	99
Leverage
Current ratio	—	—	1.78	2.26	1.26	1.56	1.12	1.17
Debt to EBITDA	—	—	1.78	2.08	3.54	3.97	—	5
Debt to equity	—	—	0.16	0.17	0.14	0.13	0.21	0.17
Interest coverage	1.7	1.1	1.1	1.3	1.5	1.5	-5.6	1.4
Asset turnover	—	—	0.39	0.36	0.42	0.58	0.66	0.41
Return ratios
Return on assets %	—	—	0.1%	0.6%	0.6%	0.4%	-11.1%	0.5%
Return on capital employed %	—	—	3.9%	3.3%	3%	2.4%	-13.9%	2.7%
Return on equity %	—	—	0.1%	0.8%	0.8%	0.6%	-17%	0.6%

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
	71.42%	71.23%	71.2%	71.01%	70.95%	70.9%	70.88%	70.88%	70.88%	70.88%	70.91%	70.96%
	0%	0%	0%	0%	0.05%	0.05%	0%	0%	0.02%	0.02%	0.02%	0.02%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	28.58%	28.77%	28.8%	28.99%	29%	29.05%	29.12%	29.12%	29.1%	29.1%	29.07%	29.02%
No. of shareholders	—	—	—	—	—	—	—	—	8,237	8,058	7,840	9,085

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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 Raj Television Network 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

Loading documents…

Events

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

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

67 announcementsExport CSV

3 Jun 2026, 6:28 pmCompany Update

Clarification sought from Raj Television Network Ltd

Clarification

Loading announcements…

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	43.5%	26.8%	8.5%	39.2%
EBITDA margin %	21.8%	19.3%	16.4%	16.9%	6.7%	4.6%	-15.7%	5.9%
EBIT margin %	11.7%	7.7%	7.7%	7%	4.8%	3.1%	-16.9%	4.7%
PAT margin %	8.7%	0%	0.2%	1.6%	1.3%	0.8%	-16.7%	1.1%
Working capital
Receivable days	—	—	281	307	232	88	133	156
Inventory days	—	—	4	31	0	46	0	0
Payable days	—	—	27	27	202	28	72	58
NWC days	—	—	258	311	31	106	61	99
Leverage
Current ratio	—	—	1.78	2.26	1.26	1.56	1.12	1.17
Debt to EBITDA	—	—	1.78	2.08	3.54	3.97	—	5
Debt to equity	—	—	0.16	0.17	0.14	0.13	0.21	0.17
Interest coverage	1.7	1.1	1.1	1.3	1.5	1.5	-5.6	1.4
Asset turnover	—	—	0.39	0.36	0.42	0.58	0.66	0.41
Return ratios
Return on assets %	—	—	0.1%	0.6%	0.6%	0.4%	-11.1%	0.5%
Return on capital employed %	—	—	3.9%	3.3%	3%	2.4%	-13.9%	2.7%
Return on equity %	—	—	0.1%	0.8%	0.8%	0.6%	-17%	0.6%

4 deals · 6 Apr 2026 – 3 Jul 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
3 Jul 2026	MOOLCHAND KIRAN KUMAR JAIN	Bulk	NSE	Sell	3,54,283	₹12.04	₹0.43 Cr
8 Apr 2026	MOOLCHAND KIRAN KUMAR JAIN	Bulk	NSE	Sell	4,23,912	₹20.83	₹0.88 Cr
7 Apr 2026	MOOLCHAND KIRAN KUMAR JAIN	Bulk	NSE	Sell	9,77,763	₹23.84	₹2.33 Cr
6 Apr 2026	MOOLCHAND KIRAN KUMAR JAIN	Bulk	NSE	Sell	2,87,705	₹29.96	₹0.86 Cr

1–4 of 4

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Date	Category	Subject	Filing
3 Jun 2026, 6:28 pm	Company Update Clarification	Clarification sought from Raj Television Network Ltd	—
13 May 2026, 4:02 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
13 May 2026, 1:05 pm	Company Update Reg.24(A)-Annual Secretarial Compliance	Compliances-Reg.24(A)-Annual Secretarial Compliance	PDF
12 May 2026, 10:28 pm	Result Financial Results	Audited Financial Results For The Quarter And Financial Year Ended March 31, 2026	PDF
12 May 2026, 3:53 pm	Board Meeting Outcome of Board Meeting	Board Meeting Outcome for Audited Financial Results For The Quarter And Financial Year Ended March 31, 2026	PDF
5 May 2026, 6:23 pm	Board Meeting	Board Meeting Intimation for Considering And Approving The Audited Financial Results For The Quarter And Financial Year Ended March 31, 2026	PDF
30 Apr 2026, 2:51 pm	Others Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A	Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A	PDF
24 Apr 2026, 11:46 am	Company Update General	Newspaper Clippings- Special Window For Transfer And Dematerialisation (Demat) Of Physical Securities	PDF

Raj Television Network Limited

About

Quick read

Pros

Cons

Research score

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Not in the F&O segment

No fund holdings on record

Announcements

Annual reports

Credit ratings

9

1

1

Compounded sales growth

Compounded profit growth

Return on equity

Raj Television Network Limited

About

Quick read

Pros

Cons

Research score

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Announcements

Quarterly record

Annual reports

Credit ratings

Dividends9

Board meetings1

Stock splits1

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

9

1

1