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Employees: 4,905
Size Network18 Media & Invest (NETWORK18.NS) is an India Communication Services company (Broadcasting) with a market value of $438M, the 898th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹26.83 on 6 Nov 2026.
Performance Over six months the shares fell 23.2%, against -6.0% for the median peer and 0.0% for the India market (cap-weighted) — 4th lowest of 18 in its peer set.
Growth Revenue fell 23.2% over the last twelve months (peer median -1.5%); the operating margin is -2.7% (peer median 8.2%).
Valuation It trades at 3.3× enterprise value to sales against a peer median of 1.4× (6th most expensive of 18).
Capital Return on invested capital runs 12.5 points below its cost of capital (12.0% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹22.2B | ₹21.2B | ₹68.9B | ₹93.0B | ₹62.2B |
| Revenue growth | — | -69% | -26% | +49% | — |
| Gross profit | ₹7.76B | ₹6.84B | ₹12.6B | ₹13.3B | ₹16.9B |
| EBITDA | ₹662M | ₹420M | -₹3.39B | -₹6.45B | ₹1.50B |
| Net income | -₹234M | ₹1.52B | -₹16.9B | -₹2.06B | -₹843M |
| Free cash flow | n/a | -₹2.83B | -₹29.0B | -₹91.5B | -₹37.4B |
| Capital expenditure | n/a | ₹514M | ₹8.98B | ₹24.0B | ₹7.32B |
| Total debt | ₹32.5B | ₹32.9B | ₹29.6B | ₹81.6B | ₹60.7B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | NETWORK18.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.4% | +4.1% | 9th highest of 18 |
| 6-month return | -23.2% | -6.0% | 4th lowest of 18 |
| Distance from 52-week high | -46.6% | -34.4% | 2nd lowest of 18 |
| Revenue growth (TTM) | -23.2% | -1.5% | 2nd lowest of 18 |
| Operating margin | -2.7% | 8.2% | 3rd lowest of 18 |
| EV / Sales | 3.3× | 1.4× | 6th most expensive of 18 |
| ROIC minus cost of capital | -12.5 pp | -0.3 pp | 3rd lowest of 17 |
| Net debt / EBITDA | 47.3× | 1.2× | most indebted of 15 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Network18 Media & Invest NETWORK18.NS | India | $438M | -23% | -23% | -3% | 3.3× | n/a | n/a |
| NRJ NRG.PA | France | $509M | -18% | -12% | 8% | 0.2× | n/a | n/a |
| Gray Media GTN | United States | $520M | +11% | -11% | 14% | 2.2× | 2.2% | +5.4% |
| Shaanxi Broadcast & TV Network Intermediary (Group) 600831.SS | China | $351M | -15% | -26% | -141% | 8.3× | 12.3% | -16.8% |
| Digital Network DIG.WA | Poland | $335M | +44% | +121% | 41% | 8.2× | 14.3% | +33.9% |
| TV Tokyo 9413.T | Japan | $582M | -15% | +2% | 6% | 0.3× | -18.7% | +3.5% |
| iHeartMedia IHRT | United States | $309M | -69% | +3% | 7% | 1.5× | 7.9% | +5.6% |
| Zee Entertainment Enterprises ZEEL.NS | India | $651M | -32% | +6% | -1% | 0.4× | 1.8% | +0.9% |
| CJ ENM 035760.KS | South Korea | $706M | -15% | -3% | 2% | 0.7× | -5.1% | +8.7% |
| Entravision Communications EVC | United States | $830M | +26% | +71% | 8% | 1.4× | 13.5% | +5.4% |
| Nine Entertainment NEC.AX | Australia | $895M | -15% | -18% | 9% | 1.3× | 7.4% | -1.3% |
| Newsmax NMAX | United States | $948M | +16% | +11% | -7% | 4.0× | n/a | n/a |
| Sinclair SBGI | United States | $989M | -4% | -6% | 6% | 1.4× | 10.9% | -11.8% |
| Rai Way RWAY.MI | Italy | $1.27B | -28% | +3% | 44% | 4.5× | -10.3% | +4.8% |
| Atresmedia Corporacion de Medios de Comunicacion A3M.MC | Spain | $1.52B | +16% | +1% | 8% | 1.4× | 6.9% | +2.3% |
| Television Francaise 1 TFI.PA | France | $1.53B | -6% | -3% | 8% | 0.5× | -7.5% | +2.0% |
| Hebei Broadcasting Wireless Media 301551.SZ | China | $1.58B | -4% | -1% | 35% | 14.4× | 20.7% | -0.8% |
| Metropole Television MMT.PA | France | $1.60B | -4% | -2% | 11% | 1.2× | -0.9% | -0.3% |