TV18 BROADCAST vs WASHINGTON P. (US) - Comparison Results

TV18 BROADCAST     Change

Global Broadcast News Ltd (GBN) commenced its operations in December 2005, with the launch of CNN-IBN channel in the English language news and current affairs space. The channel achieved leadership position within six months of its launch and current... Morely enjoys a market share of 37.6%, compared to 35.4% of its nearest competitor NDTV 24X7 (Source: TAM Viewership Data). After cementing its presence in the English general news genre, GBN ventured into the Hindi news genre with the launch of IBN 7 (erstwhile Channel 7). GBN had earlier entered into a share-subscription cum shareholders agreement with the promoters of Jagran TV Pvt. Ltd. and acquired 49% stake in B K Fincap Pvt. Ltd., the holding company of Jagran TV, thus gaining control over Channel 7.The company has an agreement with CNN for an exclusive, limited, non-transferable right to use and produce, inter alia, the CNN name and logo. It also has a news service agreement with Turner for production and broadcasting of revenues. In order to expand its reach, GBN has signed a Memorandum of Understanding (MoU) with Zee Turner Ltd (ZTL), which is engaged in the distribution of various satellite- based channels. As per the deal, ZTL is entitled to a commission of 20% for distributing GBN channels.GBN is part of the Network 18 Group that owns and operates some of the leading business news channels in India (through TV18). As part of the group restructuring exercise, certain business portals of the group have been consolidated into Web 18 Holdings. As a part of the arrangement, GBN will hold 15% in Web 18.

WASHINGTON P. (US)

   Change

The Washington Post Company is an American mass media company, best known for owning the newspaper for which it is named, The Washington Post. The company also owns Kaplan Inc., a leading international provider of educational and career services for ... Moreindividuals, schools and businesses.

TV18 BROADCAST   WASHINGTON P.

EQUITY SHARE DATA
		TV18 BROADCAST Mar-19	WASHINGTON P. Dec-18	TV18 BROADCAST/ WASHINGTON P.	5-Yr Chart Click to enlarge
High	Rs	71	48,656	-
Low	Rs	31	39,773	-
Sales per share (Unadj.)	Rs	33.4	36,318.2	-
Earnings per share (Unadj.)	Rs	1.2	3,664.1	-
Cash flow per share (Unadj.)	Rs	2.0	4,428.2	-
Dividends per share (Unadj.)	Rs	0	384.85	-
Dividend yield (eoy)	%	0	0.9	0.0%
Book value per share (Unadj.)	Rs	20.4	52,833.8	-
Shares outstanding (eoy)	m	1,714.41	5.37	-
Bonus/Rights/Conversions		-	-	-
Price / Sales ratio	x	1.5	1.2	124.8%
Avg P/E ratio	x	41.3	12.1	342.4%
P/CF ratio (eoy)	x	25.4	10.0	253.9%
Price / Book Value ratio	x	2.5	0.8	296.9%
Dividend payout	%	0	10.5	0.0%
Avg Mkt Cap	Rs m	86,921	237,430	36.6%
No. of employees	`000	0.8	11.1	7.1%
Total wages/salary	Rs m	9,549	4,919	194.1%
Avg. sales/employee	Rs Th	72,628.2	17,570.1	413.4%
Avg. wages/employee	Rs Th	12,117.6	443.2	2,734.3%
Avg. net profit/employee	Rs Th	2,670.1	1,772.7	150.6%

INCOME DATA
Net Sales	Rs m	57,231	195,029	29.3%
Other income	Rs m	355	152	233.5%
Total revenues	Rs m	57,586	195,181	29.5%
Gross profit	Rs m	3,135	30,138	10.4%
Depreciation	Rs m	1,325	4,103	32.3%
Interest	Rs m	1,006	2,749	36.6%
Profit before tax	Rs m	1,159	23,438	4.9%
Minority Interest	Rs m	357	0	-
Prior Period Items	Rs m	0	0	-
Extraordinary Inc (Exp)	Rs m	0	0	-
Tax	Rs m	-588	3,762	-15.6%
Profit after tax	Rs m	2,104	19,676	10.7%
Gross profit margin	%	5.5	15.5	35.5%
Effective tax rate	%	-50.7	16.0	-315.8%
Net profit margin	%	3.7	10.1	36.4%

BALANCE SHEET DATA
Current assets	Rs m	44,872	110,849	40.5%
Current liabilities	Rs m	34,027	58,752	57.9%
Net working cap to sales	%	19.0	26.7	70.9%
Current ratio	x	1.3	1.9	69.9%
Inventory Days	Days	121	9	1,296.4%
Debtors Days	Days	78	79	99.5%
Net fixed assets	Rs m	22,991	47,383	48.5%
Share capital	Rs m	3,429	1,447	237.0%
"Free" reserves	Rs m	31,553	0	-
Net worth	Rs m	34,982	283,717	12.3%
Long term debt	Rs m	2,216	34,072	6.5%
Total assets	Rs m	78,819	344,628	22.9%
Interest coverage	x	2.2	9.5	22.6%
Debt to equity ratio	x	0.1	0.1	52.7%
Sales to assets ratio	x	0.7	0.6	128.3%
Return on assets	%	3.9	6.5	60.6%
Return on equity	%	6.0	6.9	86.7%
Return on capital	%	6.8	8.2	82.3%
Exports to sales	%	0	0	-
Imports to sales	%	0	0	-
Net fx	Rs m	-799	0	-

CASH FLOW
From Operations	Rs m	-1,258	20,762	-6.1%
From Investments	Rs m	-3,891	-16,711	23.3%
From Financial Activity	Rs m	5,196	-13,918	-37.3%
Net Cashflow	Rs m	47	-10,381	-0.5%

NM: Not Meaningful

Source: Company Annual Reports, Regulatory Filings, Equitymaster
The reporting currency for WASHINGTON P. (US) is United States Dollars. All data has been converted at 72.34 Rs / USD

Compare TV18 BROADCAST With: NASPERS (S. Africa)  NEWS CORP. (US)  CTC MEDIA (Russia)  

Compare TV18 BROADCAST With: NXTDIGITAL  DEN NETWORKS  ZEE MEDIA CORP  ENTERTAINMENT NETWORK  MPS