| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 516 | 468 | +10.3% |
| EBITDA | 7.5 | 4.2 | +80.3% |
| EBITDA margin | 1.5% | 0.9% | +0.6 pts |
| Profit before tax | −76.1 | 78.5 | — |
| Net profit | −38.4 | 149 | — |
| EPS | −₹0.25 | ₹0.97 | — |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 3,701 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 163 | 163 | 113 | 8,055 | 348 | ||
| 68.9 | 68.9 | 65.8 | 21,739 | 3,920 | ||
| 3,113 | 3,113 | 2,787 | 7,317 | 5,815 | ||
| 6,719 | — | — | — | — | ||
| 2,169 | 2,121 | 6,888 | 9,297 | 6,223 | ||
| — | −69.2% | −25.9% | +49.4% | — | ||
| 47.0 | 43.7 | −330 | −664 | 137 | ||
| 2.2% | 2.1% | −4.8% | −7.1% | 2.2% | ||
| −82.5 | −88.9 | −554 | −874 | 9.6 | ||
| −32.0 | 155 | −1,777 | −397 | −15.8 | ||
| −1.5% | 7.3% | −25.8% | −4.3% | −0.3% | ||
| −₹0.23 | ₹0.99 | −₹11.02 | −₹1.66 | −₹0.55 | ||
| — | +109.0% | −564.8% | −201.1% | — | ||
| — | −28.1 | −1,912 | −6,465 | −2,804 | ||
| — | −51.4 | −899 | −2,404 | −732 | ||
| −79.5 | −79.5 | −2,811 | −8,869 | −3,536 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 3,700.6 | |
| - Cash, Equiv & ST Investments | 348.5 | 8,054.7 | 113.1 | 163.3 | 163.3 | |
| + Minority Interest | 3,920.1 | 21,739.4 | 65.8 | 68.9 | 68.9 | |
| + Total Debt | 5,814.9 | 7,316.7 | 2,787.4 | 3,112.8 | 3,112.8 | |
| Enterprise Value | — | — | — | — | 6,719.0 | |
| Revenue | 6,223.0 | 9,297.5 | 6,887.9 | 2,120.8 | 2,169.2 | |
| Growth %, YoY | — | +49.4 | -25.9 | -69.2 | — | |
| EBITDA | 137.3 | -664.2 | -330.3 | 43.7 | 47.0 | |
| Margin % | 2.21 | -7.14 | -4.80 | 2.06 | 2.17 | |
| EBIT | 9.6 | -874.2 | -553.6 | -88.9 | -82.5 | |
| Net Income | -15.8 | -396.8 | -1,776.7 | 155.2 | -32.0 | |
| Margin % | -0.25 | -4.27 | -25.79 | 7.32 | -1.48 | |
| EPS, Adj (current shares) | -0.55 | -1.66 | -11.02 | 0.99 | -0.23 | |
| Growth %, YoY | — | -201.1 | -564.8 | +109.0 | — | |
| Cash from Operations | -2,804.2 | -6,464.9 | -1,912.1 | -28.1 | — | |
| Capital Expenditures | -731.6 | -2,404.2 | -898.5 | -51.4 | — | |
| Free Cash Flow | -3,535.7 | -8,869.1 | -2,810.6 | -79.5 | -79.5 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Network18 Media & Investments (NSE: NETWORK18) had a market capitalisation of ₹3,693 crore at the 29 October 2026 close (₹24.13 a share) and a price-to-book ratio of 0.75. In FY26 its consolidated net profit was ₹152 crore on revenue of ₹2,121 crore; in Q1 FY27 (April–June 2026) it was a loss of ₹38.7 crore. Its debt-to-equity ratio was 0.62 on 31 March 2026. Promoters held 56.89% of the shares on 30 September 2026.
Network18 Media & Investments' PE ratio is not meaningful at the 29 October 2026 close: its consolidated net profit over the last four quarters (Q2 FY26 to Q1 FY27) was a loss of ₹34.5 crore, and a price-to-earnings ratio needs positive earnings. Its market capitalisation was ₹3,693 crore at ₹24.13 a share.
Network18 Media & Investments' price-to-book (PB) ratio is 0.75 at the 29 October 2026 close: a market capitalisation of ₹3,693 crore divided by shareholders' equity (book value) of ₹4,918 crore on 31 March 2026. That is a book value of ₹32.14 per share against a share price of ₹24.13.
Network18 Media & Investments' net worth — shareholders' equity in its consolidated balance sheet — was ₹4,918 crore on 31 March 2026, up 3.7% from ₹4,743 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹3,693 crore at the 29 October 2026 close.
Network18 Media & Investments' market capitalisation was ₹3,693 crore at the 29 October 2026 close: 153.04 crore shares at ₹24.13 each.
No. Network18 Media & Investments had borrowings of ₹3,113 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.62. Its cash and current investments were ₹164 crore, so its net debt was ₹2,948 crore.
Network18 Media & Investments' debt-to-equity ratio was 0.62 on 31 March 2026: borrowings of ₹3,113 crore against total equity of ₹4,987 crore. A year earlier, on 31 March 2025, it was 0.58.
In FY26, Network18 Media & Investments' return on equity (ROE) was 3.2% and its return on capital employed (ROCE) was −1.7%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was −29.6% and ROCE −3.2%.
Network18 Media & Investments' book value per share was ₹32.14 on 31 March 2026: shareholders' equity of ₹4,918 crore divided by the 153.04 crore shares in issue, up 3.7% from ₹30.99 a year earlier. The share price at the 29 October 2026 close was ₹24.13.
On 30 September 2026, Network18 Media & Investments' shares were held by promoters 56.89%, foreign portfolio investors (FII/FPI) 2.76%, domestic institutions (DII) 0.12% (including mutual funds at 0.12%) and retail and other non-institutional investors 40.24%. Over the year, FII holding was down 3.78 percentage points from 6.54% and DII holding was down 0.03 percentage points from 0.15%.
Network18 Media & Investments' basic earnings per share (EPS) were ₹0.99 in FY26. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to −₹0.22.
Promoters held 56.89% of Network18 Media & Investments on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26 (April 2025–March 2026), Network18 Media & Investments' consolidated net profit was ₹152 crore, against a loss of ₹1,687 crore in FY25, on revenue from operations of ₹2,121 crore (down 69.2%).
In FY26, Network18 Media & Investments generated ₹28.1 crore of cash from operations and spent ₹51.4 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of −₹79.5 crore. In FY25 it was −₹2,811 crore.
Network18 Media & Investments' latest results are for Q1 FY27 (April–June 2026), filed on 15 July 2026: consolidated net loss ₹38.7 crore, against a profit of ₹148 crore in Q1 FY26; revenue from operations ₹516 crore, up 10.3% year on year.
Network18 Media & Investments will announce its Q2 FY27 results (July–September 2026) on Friday, 30 October 2026, the date of the board meeting it has notified to the exchanges.
On FY26 consolidated figures, against Zee Entertainment Enterprises, Sun TV Network and Nazara Technologies: Network18 Media & Investments' operating margin of −4.2% is the lowest of the four (Zee Entertainment Enterprises 2.2%, Sun TV Network 34.4%, Nazara Technologies 1.0%; peer average 12.6%); its return on equity of 3.2% is the second highest of the four (Zee Entertainment Enterprises 2.4%, Sun TV Network 11.9%, Nazara Technologies 2.6%; peer average 5.6%); its revenue growth over three years of −30.2% a year is the lowest of the four (Zee Entertainment Enterprises 0.1% a year, Sun TV Network 4.7% a year, Nazara Technologies 18.8% a year; peer average 7.9% a year).
At the 29 October 2026 closing prices, on FY26 net profit, Network18 Media & Investments' PE ratio is 24.3, the third highest of the four: Zee Entertainment Enterprises 24.8, Sun TV Network 17.0 and Nazara Technologies 192.7, a peer average of 78.2. Each is the company's market capitalisation at that price divided by its FY26 net profit.
In FY26, Network18 Media & Investments earned net profit of ₹152 crore on revenue of ₹2,121 crore, against ₹273 crore on ₹8,099 crore for Zee Entertainment Enterprises. Network18 Media & Investments' operating margin was −4.2% (Zee Entertainment Enterprises 2.2%) and its return on equity 3.2% (Zee Entertainment Enterprises 2.4%). At the 29 October 2026 close, Network18 Media & Investments' market capitalisation was ₹3,693 crore against ₹6,776 crore for Zee Entertainment Enterprises, and its PE ratio on FY26 profit 24.3 against 24.8.
From Network18 Media & Investments' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.