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Apr 19
Indian (NIFTY) Media Industry Analysis
UpdatedMay 09, 2024
DataAggregated Company Financials
Companies57
- 7D-3.8%
- 3M-14.3%
- 1Y28.1%
- YTD-17.1%
Over the last 7 days, the Media industry has dropped 4.8%, driven by Zee Entertainment Enterprises declining 8.5%. Meanwhile, Navneet Education actually outperformed within the industry, gaining 8.4% in the last week. Over the past 12 months, the industry was up 29%. Earnings are forecast to grow by 25% annually.
Industry Valuation and Performance
Has the Indian Media Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 09 May 2024 | ₹1.1t | ₹617.9b | ₹49.2b | 27.1x | 23.3x | 1.9x |
| Sat, 06 Apr 2024 | ₹1.2t | ₹595.0b | ₹51.9b | 27.1x | 23.1x | 2x |
| Mon, 04 Mar 2024 | ₹1.2t | ₹592.8b | ₹51.6b | 29.4x | 24x | 2.1x |
| Wed, 31 Jan 2024 | ₹1.3t | ₹585.4b | ₹49.2b | 32.7x | 25.8x | 2.2x |
| Fri, 29 Dec 2023 | ₹1.3t | ₹584.1b | ₹49.7b | 24x | 26.3x | 2.2x |
| Sun, 26 Nov 2023 | ₹1.2t | ₹507.1b | ₹35.5b | 24.9x | 33.2x | 2.3x |
| Tue, 24 Oct 2023 | ₹1.1t | ₹494.8b | ₹33.8b | 34x | 33.1x | 2.3x |
| Thu, 21 Sep 2023 | ₹1.1t | ₹492.6b | ₹34.0b | 33.8x | 33x | 2.3x |
| Sat, 19 Aug 2023 | ₹1.1t | ₹495.7b | ₹34.8b | 27.8x | 31.4x | 2.2x |
| Mon, 17 Jul 2023 | ₹948.7b | ₹452.0b | ₹34.7b | 23.1x | 27.3x | 2.1x |
| Wed, 14 Jun 2023 | ₹880.0b | ₹449.3b | ₹34.5b | 24.7x | 25.5x | 2x |
| Fri, 12 May 2023 | ₹849.3b | ₹472.0b | ₹18.6b | 21x | 45.7x | 1.8x |
| Sun, 09 Apr 2023 | ₹850.6b | ₹469.9b | ₹20.9b | 19.1x | 40.7x | 1.8x |
| Tue, 07 Mar 2023 | ₹869.6b | ₹469.4b | ₹20.6b | 20.6x | 42.1x | 1.9x |
| Thu, 02 Feb 2023 | ₹916.4b | ₹480.4b | ₹25.5b | 24.5x | 36x | 1.9x |
| Sat, 31 Dec 2022 | ₹992.2b | ₹476.0b | ₹28.3b | 23.9x | 35.1x | 2.1x |
| Mon, 28 Nov 2022 | ₹1.0t | ₹476.0b | ₹28.3b | 21.5x | 36.2x | 2.2x |
| Wed, 26 Oct 2022 | ₹1.0t | ₹473.2b | ₹31.0b | 22.1x | 33.2x | 2.2x |
| Fri, 23 Sep 2022 | ₹1.1t | ₹468.2b | ₹33.2b | 22.7x | 33x | 2.3x |
| Sun, 21 Aug 2022 | ₹1.0t | ₹467.7b | ₹33.1b | 14.9x | 31.3x | 2.2x |
| Tue, 19 Jul 2022 | ₹897.9b | ₹447.7b | ₹30.9b | 19.2x | 29x | 2x |
| Thu, 16 Jun 2022 | ₹901.0b | ₹447.8b | ₹30.9b | 17.2x | 29.2x | 2x |
| Sat, 14 May 2022 | ₹929.0b | ₹439.5b | ₹38.0b | 15.1x | 24.5x | 2.1x |
| Mon, 11 Apr 2022 | ₹1.2t | ₹435.1b | ₹37.6b | 19.7x | 31.3x | 2.7x |
| Wed, 09 Mar 2022 | ₹991.7b | ₹436.4b | ₹37.7b | 17.4x | 26.3x | 2.3x |
| Fri, 04 Feb 2022 | ₹1.1t | ₹433.1b | ₹37.3b | 18.7x | 30.8x | 2.6x |
| Sun, 02 Jan 2022 | ₹1.1t | ₹432.4b | ₹37.3b | 15.4x | 30x | 2.6x |
| Tue, 30 Nov 2021 | ₹1.1t | ₹432.2b | ₹37.3b | 15.4x | 29.2x | 2.5x |
| Thu, 28 Oct 2021 | ₹1.1t | ₹422.0b | ₹34.4b | 16x | 32.2x | 2.6x |
| Sat, 25 Sep 2021 | ₹1.1t | ₹417.1b | ₹33.6b | 15.6x | 31.6x | 2.5x |
| Mon, 23 Aug 2021 | ₹820.2b | ₹418.2b | ₹33.9b | 15x | 24.2x | 2x |
| Sat, 10 Jul 2021 | ₹935.8b | ₹418.2b | ₹33.9b | 16x | 27.6x | 2.2x |
Price to Earnings Ratio
31.5x
Current Industry PE
- Investors are pessimistic on the Indian Media industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 23.1x which is lower than its 3-year average PE of 30.7x.
- The 3-year average PS ratio of 2.2x is higher than the industry's current PS ratio of 1.8x.
Past Earnings Growth
- The earnings for companies in the Media industry have grown 18% per year over the last three years.
- Revenues for these companies have grown 16% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Telecom industry?
| IN Market | -1.48% | |
| Telecom | -2.67% | |
| Media | -3.84% | |
| Publishing | -1.52% | |
| Cable and Satellite | -3.72% | |
| Broadcasting | -4.17% | |
| Advertising | -4.48% | |
Industry PE
- Investors are most optimistic about the Broadcasting industry which is trading above its 3-year average PE ratio of 24.5x.
- Analysts are expecting annual earnings growth of 27.9%, which is higher than its past year's earnings decline of 24.1% per year.
- Investors are most pessimistic about the Advertising industry, which is trading below its 3-year average of 61.7x.
Forecasted Growth
- Analysts are most optimistic on the Broadcasting industry, expecting annual earnings growth of 28% over the next 5 years.
- This is better than its past earnings decline of 24% per year.
- In contrast, the Publishing industry is expected to see its earnings grow by 17% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| NAVNETEDUL Navneet Education | ₹159.40 | 8.4% +₹2.8b | 50.5% | PE19.9x | |
| RAJTV Raj Television Network | ₹109.80 | 25.8% +₹1.2b | 143.5% | PE400.1x | |
| HTMEDIA HT Media | ₹29.15 | 3.6% +₹231.2m | 63.3% | PS0.4x | |
| MAXPOSURE Maxposure | ₹102.85 | 3.1% +₹70.5m | n/a | PE52.2x | |
| SCHAND S Chand | ₹231.95 | 0.8% +₹63.4m | 11.6% | PE26.9x |
