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Network18 Media & Investments Limited
(NETWORK18)
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Rating:45Neutral
Price Target:
₹26.00
▼(-9.94% Downside)
Action:Reiterated
Date:08/21/26
The score is held down primarily by weak cash generation (negative operating and free cash flow) and still-limited operating profitability despite a rebound to positive net income. Technicals are mixed with a modest near-term setup but a weaker longer-term trend, while valuation is unattractive/unclear due to the negative P/E and lack of dividend yield data.
Positive Factors
Return to Profitability
The return to positive net income shows meaningful recovery from the prior-year loss and improves the company’s ability to support operations internally. If sustained, this earnings recovery can strengthen financial resilience and provide a foundation for rebuilding profitability over the next several quarters.
Negative Factors
Sharp Revenue Decline
A steep revenue contraction signals pressure on the scale of the company’s advertising, subscription, and content monetization model. Lower revenue can weaken audience-driven pricing power and operating leverage, making sustained earnings recovery difficult unless top-line performance stabilizes.
Read all positive and negative factors
Positive Factors
Negative Factors
Return to Profitability
The return to positive net income shows meaningful recovery from the prior-year loss and improves the company’s ability to support operations internally. If sustained, this earnings recovery can strengthen financial resilience and provide a foundation for rebuilding profitability over the next several quarters.
Read all positive factors
Network18 Media & Investments Limited (NETWORK18) vs. iShares MSCI India ETF (INDA)
Market Cap
₹41.09B
Dividend YieldN/A
Average Volume (3M)271.89K
Price to Earnings (P/E)―
Beta (1Y)1.47
Revenue Growth-48.53%
EPS Growth97.63%
CountryIN
Employees4,905
SectorGeneral
Sector StrengthN/A
IndustryBroadcasting
Share Statistics
EPS (TTM)-0.22
Shares Outstanding1,542,000,000
10 Day Avg. Volume316,079
30 Day Avg. Volume271,890
Financial Highlights & Ratios
PEG Ratio-0.28
Price to Book (P/B)0.95
Price to Sales (P/S)2.20
P/FCF Ratio-16.51
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Network18 Media & Investments Limited Business Overview & Revenue Model
Company Description
Network18 Media & Investments Limited stands as a prominent Indian conglomerate in the media and entertainment sector. Its expansive operations encompass television broadcasting, digital content creation, film production, online commerce, print pu...
How the Company Makes Money
Network18 primarily makes money by monetizing audiences across television and digital platforms and by leveraging its content and distribution capabilities. Key revenue streams include: (1) Advertising revenue: The company sells ad inventory acros...
Network18 Media & Investments Limited Financial Statement Overview
Summary
Income Statement
46
Neutral
Balance Sheet
63
Positive
Cash Flow
28
Negative
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 21.69B | 21.21B | 68.88B | 92.97B | 61.22B | 58.76B |
| Gross Profit | 12.20B | 7.14B | 12.64B | 15.99B | 16.93B | 22.46B |
| EBITDA | 1.11B | 4.93B | -12.95B | 328.00M | 2.35B | 11.54B |
| Net Income | -345.30M | 1.52B | -16.87B | -2.06B | -842.70M | 2.08B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 89.96B | 84.98B | 398.81B | 139.84B | 91.45B |
| Cash, Cash Equivalents and Short-Term Investments | 1.64B | 1.64B | 1.15B | 80.57B | 3.50B | 4.65B |
| Total Debt | 0.00 | 32.88B | 29.60B | 81.56B | 60.69B | 22.84B |
| Total Liabilities | -49.87B | 40.09B | 36.89B | 116.67B | 93.89B | 45.37B |
| Stockholders Equity | 49.87B | 49.18B | 47.43B | 151.96B | 6.75B | 7.55B |
Cash Flow | ||||||
| Free Cash Flow | -1.18B | -2.83B | -28.11B | -88.69B | -35.36B | 4.57B |
| Operating Cash Flow | -814.70M | -2.32B | -19.12B | -64.65B | -28.04B | 6.41B |
| Investing Cash Flow | -326.20M | -203.20M | 13.13B | -51.69B | -7.22B | -2.50B |
| Financing Cash Flow | 1.17B | 2.87B | 7.20B | 11.39B | 34.11B | -3.81B |
Network18 Media & Investments Limited Technical Analysis
Negative
28.87
Price Trends
29.33
Negative
31.06
Negative
34.45
Negative
Market Momentum
-0.75
Positive
37.08
Neutral
6.68
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NETWORK18, the sentiment is Negative. The current price of 28.87 is above the 20-day moving average (MA) of 28.45, below the 50-day MA of 29.33, and below the 200-day MA of 34.45, indicating a bearish trend. The MACD of -0.75 indicates Positive momentum. The RSI at 37.08 is Neutral, neither overbought nor oversold. The STOCH value of 6.68 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:NETWORK18.
Network18 Media & Investments Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
66 Neutral | ₹187.37B | 12.26 | ― | 2.63% | 12.76% | -8.59% | |
56 Neutral | ₹76.29B | 37.26 | ― | 2.52% | 2.42% | -70.83% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% | |
53 Neutral | ₹4.88B | -371.50 | ― | 0.65% | 22.18% | 99.00% | |
52 Neutral | ₹6.57B | 38.00 | ― | 2.72% | -7.90% | -43.74% | |
45 Neutral | ₹41.09B | -121.59 | ― | ― | -48.53% | 97.63% | |
42 Neutral | ₹8.12B | -1.80 | ― | ― | 12.35% | -27.13% |
* General Sector Average
IN:NETWORK18
Network18 Media & Investments Limited
26.65
-27.43
-50.72%
IN:NDTV
New Delhi Television Limited
71.96
-56.29
-43.89%
IN:SUNTV
Sun TV Network Limited
475.45
-65.07
-12.04%
IN:TVTODAY
TV Today Network Ltd.
110.10
-42.40
-27.80%
IN:ZEEL
Zee Entertainment Enterprises Limited
79.43
-32.93
-29.31%
IN:ZEEMEDIA
Zee Media Corp. Ltd.
7.45
-5.01
-40.21%
Network18 Media & Investments Limited Corporate Events
Network18 Sets September 16 Virtual AGM, Details E-Voting Framework
Aug 22, 2026
Network18 Media Investments Limited has announced that its 31st Annual General Meeting will be held on September 16, 2026, via video conferencing/other audio-visual means in line with regulatory circulars. The company has circulated the annual re...
Network18 Sets Date and Voting Cut-Off for 31st AGM via Virtual Platform
Aug 19, 2026
Network18 Media Investments Limited, a listed media and entertainment company with significant presence across television and digital platforms, continues to emphasize transparent governance and investor participation through formal market commun...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.