Next Mediaworks Limited (NEXTMEDIA) AI Stock Analysis

Next Mediaworks Limited

(NSE:NEXTMEDIA)

Select Model

Rating:42Neutral

Price Target:INR 3.00▼(-9.09% Downside)

Action:reiterated

Date:08/29/26

The overall score is low primarily due to very weak and structurally unsustainable financials, including halted core operations, persistent losses, a highly fragile balance sheet, and inconsistent cash flows. Technical indicators add a mildly negative bias with only tentative short-term support and no strong upward trend, while valuation metrics are unattractive given the negative P/E and lack of dividend, offering limited compensation for the fundamental risk.

Positive Factors

Debt ReductionThe material reduction in total debt provides some improvement in financial flexibility and may reduce future refinancing pressure. Although leverage remains problematic because equity is negative and assets are small, deleveraging is a constructive balance-sheet trend that could support stability if maintained.

Negative Factors

Revenue CollapseRevenue reaching zero in 2026 represents a severe deterioration in the operating base and undermines the company’s ability to support fixed costs, invest in the business, or generate recurring earnings. Unless revenue is restored, the business lacks a durable foundation for recovery.

Next Mediaworks Limited (NEXTMEDIA) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 212.72M
Dividend Yield: ―
Average Volume (3M): 8,172
Price to Earnings (P/E): -4.3
Beta (1Y): 1.23
Revenue Growth: -100.00%
EPS Growth: -107.46%
Country: India
Employees: 45
Sector: General
Sector Strength: 55
Industry: Broadcasting

Next Mediaworks Limited Business Overview & Revenue Model

Company Description

Next Mediaworks Limited, an Indian entity established in Mumbai in 1981, operates predominantly in the radio broadcasting sector. Through its subsidiary, the company runs FM radio stations across seven significant Indian cities—Delhi, Mumbai, Chennai...

How the Company Makes Money

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Next Mediaworks Limited Financial Statement Overview

Summary

Financial performance is very weak: core operating activity has effectively stopped, revenues collapsed to zero in FY2026, losses are persistent, shareholders’ equity remains deeply negative, and cash generation has been inconsistent despite some recent reduction in cash burn.

Income Statement

18Very Negative

Balance Sheet

10Very Negative

Cash Flow

22Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	0	0	303.30M	383.70M	362.50M	256.60M
Gross Profit	0	0	36.20M	44.60M	207.90M	101.60M
EBITDA	-7.20M	-7.60M	12.40M	-95.50M	28.50M	-55.20M
Net Income	-28.10M	-52.80M	636.00M	-221.80M	-141.50M	-170.20M
Balance Sheet
Total Assets	0	36.60M	96.80M	788.60M	919.70M	1.01B
Cash, Cash Equivalents and Short-Term Investments	5.20M	5.20M	900.00K	99.30M	34.40M	83.40M
Total Debt	0	389.20M	344.30M	2.13B	1.88B	1.58B
Total Liabilities	353.60M	390.20M	346.70M	2.23B	1.98B	1.82B
Stockholders Equity	-353.60M	-353.60M	-249.90M	-878.80M	-657.50M	-515.10M
Cash Flow
Free Cash Flow	0	0	-11.50M	15.30M	-27.80M	-112.50M
Operating Cash Flow	0	-3.60M	-10.40M	17.90M	-6.80M	-105.90M
Investing Cash Flow	0	-5.00M	-23.20M	-22.80M	31.80M	-48.40M
Financing Cash Flow	0	7.80M	-33.10M	46.70M	-24.00M	171.10M

Next Mediaworks Limited Technical Analysis

Technical Analysis SentimentNegative

Last Price3.30

Price Trends

50DMA3.75Negative

100DMA3.83Negative

200DMA4.33Negative

Market Momentum

MACD-0.12Positive

RSI34.45Neutral

STOCH41.35Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:NEXTMEDIA, the sentiment is Negative. The current price of 3.30 is below the 20-day moving average (MA) of 3.52, below the 50-day MA of 3.75, and below the 200-day MA of 4.33, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 34.45 is Neutral, neither overbought nor oversold. The STOCH value of 41.35 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:NEXTMEDIA.

Next Mediaworks Limited Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:NEXTMEDIA against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:BAGFILMS	63Neutral	INR 817.19M	12.61	―	―	13.13%	-33.53%
IN:ZEEMEDIA	56Neutral	INR 4.48B	-343.00	―	―	22.18%	99.00%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:TVTODAY	48Neutral	INR 5.85B	33.95	―	3.06%	-7.90%	-43.74%
IN:NETWORK18	45Neutral	INR 36.51B	-108.40	―	―	-23.25%	98.17%
IN:NEXTMEDIA	42Neutral	INR 222.75M	-4.30	―	―	-100.00%	-107.46%
IN:NDTV	42Neutral	INR 6.86B	-1.77	―	―	11.30%	8.32%

* General Sector Average

Performance Comparison

IN:NEXTMEDIA and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:NEXTMEDIA	Next Mediaworks Limited	3.24	-3.67	-53.11%
IN:BAGFILMS	B.A.G. Films & Media Ltd.	3.78	-3.12	-45.22%
IN:NDTV	New Delhi Television Limited	62.01	-29.71	-32.39%
IN:NETWORK18	Network18 Media & Investments Limited	24.88	-23.77	-48.86%
IN:TVTODAY	TV Today Network Ltd.	99.17	-46.98	-32.15%
IN:ZEEMEDIA	Zee Media Corp. Ltd.	6.99	-3.02	-30.17%

Next Mediaworks Limited Corporate Events

Next Mediaworks Schedules Virtual AGM to Approve FY26 Results and Director Reappointment

Aug 27, 2026

Next Mediaworks Limited, a listed media and broadcasting company with offices in New Delhi and Mumbai, has notified shareholders of its upcoming 45th Annual General Meeting. The firm continues to engage investors through online channels, reflecting a...

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.

Date of analysis: Aug 29, 2026

Next Mediaworks Limited AI Stock Analysis