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-18	WASHINGTON P. Dec-18	TV18 BROADCAST/ WASHINGTON P.	5-Yr Chart Click to enlarge
High	Rs	70	46,288	-
Low	Rs	39	37,837	-
Sales per share (Unadj.)	Rs	9.7	34,551.0	-
Earnings per share (Unadj.)	Rs	0	3,485.9	-
Cash flow per share (Unadj.)	Rs	0.4	4,212.8	-
Dividends per share (Unadj.)	Rs	0	366.12	-
Dividend yield (eoy)	%	0	0.9	0.0%
Book value per share (Unadj.)	Rs	19.5	50,262.9	-
Shares outstanding (eoy)	m	1,714.41	5.37	-
Bonus/Rights/Conversions		-	-	-
Price / Sales ratio	x	5.6	1.2	459.7%
Avg P/E ratio	x	1,187.0	12.1	9,836.8%
P/CF ratio (eoy)	x	120.9	10.0	1,211.0%
Price / Book Value ratio	x	2.8	0.8	333.3%
Dividend payout	%	0	10.5	0.0%
Avg Mkt Cap	Rs m	93,178	225,877	41.3%
No. of employees	`000	1.9	11.1	16.9%
Total wages/salary	Rs m	4,286	4,680	91.6%
Avg. sales/employee	Rs Th	8,889.7	16,715.2	53.2%
Avg. wages/employee	Rs Th	2,288.5	421.6	542.8%
Avg. net profit/employee	Rs Th	41.9	1,686.4	2.5%

INCOME DATA
Net Sales	Rs m	16,651	185,539	9.0%
Other income	Rs m	290	145	200.6%
Total revenues	Rs m	16,940	185,683	9.1%
Gross profit	Rs m	579	28,672	2.0%
Depreciation	Rs m	692	3,903	17.7%
Interest	Rs m	270	2,615	10.3%
Profit before tax	Rs m	-93	22,298	-0.4%
Minority Interest	Rs m	691	0	-
Prior Period Items	Rs m	0	0	-
Extraordinary Inc (Exp)	Rs m	0	0	-
Tax	Rs m	520	3,579	14.5%
Profit after tax	Rs m	79	18,719	0.4%
Gross profit margin	%	3.5	15.5	22.5%
Effective tax rate	%	-559.6	16.0	-3,487.0%
Net profit margin	%	0.5	10.1	4.7%

BALANCE SHEET DATA
Current assets	Rs m	35,855	105,456	34.0%
Current liabilities	Rs m	27,175	55,893	48.6%
Net working cap to sales	%	52.1	26.7	195.2%
Current ratio	x	1.3	1.9	69.9%
Inventory Days	Days	294	9	3,146.3%
Debtors Days	Days	265	79	336.8%
Net fixed assets	Rs m	3,056	45,077	6.8%
Share capital	Rs m	3,429	1,376	249.1%
"Free" reserves	Rs m	29,973	0	-
Net worth	Rs m	33,402	269,912	12.4%
Long term debt	Rs m	54	32,414	0.2%
Total assets	Rs m	67,717	327,858	20.7%
Interest coverage	x	0.7	9.5	6.9%
Debt to equity ratio	x	0	0.1	1.3%
Sales to assets ratio	x	0.2	0.6	43.4%
Return on assets	%	0.5	6.5	7.9%
Return on equity	%	0.2	6.9	3.4%
Return on capital	%	2.6	8.2	31.5%
Exports to sales	%	0	0	-
Imports to sales	%	0	0	-
Net fx	Rs m	-597	0	-

CASH FLOW
From Operations	Rs m	2,131	19,751	10.8%
From Investments	Rs m	-1,802	-15,897	11.3%
From Financial Activity	Rs m	252	-13,241	-1.9%
Net Cashflow	Rs m	1,641	-9,876	-16.6%

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 68.82 Rs / USD

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

Compare TV18 BROADCAST With: CINELINE INDIA  TV TODAY NETWORK  PVR LTD  ZEE MEDIA CORP.  DISH TV