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Network18 Media & Investments Limited (NETWORK18) Fair Value & Analysis

Communication Services · IN · Market cap ₹51.1B

NM Network18 Media & Investments Limited NETWORK18 · NSE
Price₹33.11
Fair Value₹18.48
Upside-44.2%
Quality38/100
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Evidence: Medium Range ₹12.93 – ₹21.80

Fair value as of: Jul 3, 2026

From 13 valuation models · updated today

Share price +10.6% over the past month.

Price vs Fair Value (12 months)

₹63.43 ₹27.65 Fair Value ₹18.48 Jul 2025 Jul 2026

12‑month range ₹27.65 – ₹63.43 · fair‑value band ₹12.93 – ₹21.80 · the ₹33.11 price screens above the ₹18.48 fair value. As of Jul 3, 2026.

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Analysis

Network18 Media & Investments Limited (NETWORK18) currently trades at ₹33.11, while our model-based Fair Value estimate is ₹18.48 — implying the stock looks roughly 44.2% overvalued today. We read business quality at 38/100 (below-average quality), in the Communication Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: medium).

Over the trailing twelve months, Network18 Media & Investments Limited generated revenue of ₹21.2B at a net margin of 7.2%. Revenue grew 9.7% year over year. It earns a return on equity of 3.2%. Net debt stands at ₹32.5B. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹21.2B
Revenue growth (YoY) +9.7%
Net margin 7.2%
Return on equity 3.2%
Free cash flow −₹2.8B FY2026
P/E ratio 33.4
More key figures
Operating margin -0.2%
EPS (TTM) ₹0.9900
EPS growth (YoY) +57.9%
Net debt ₹32.5B FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Network18 Media & Investments Limited engages in broadcasting, digital content, print, and allied businesses in India. The company operates business news channels, such as CNBC-TV18, CNBC Awaaz, and CNBC Bajar; general news channels, including CNN News18 and News18 India; and regional news channels comprising News18 network. It also operates factual entertainment and lifestyle channels, such as HistoryTV18. In addition, the company operates digital content websites, including MoneyControl, News18.com, CNBCTV18.com, and Firstpost. Further, it publishes Forbes India and Overdrive magazines; and engages in film distribution and syndication. The company was formerly known as Network18 Fincap Private Limited and changed its name to Network18 Media & Investments Limited in December 2007. Network18 Media & Investments Limited was incorporated in 1996 and is based in Mumbai, India. Network18 Media & Investments Limited operates as a subsidiary of Reliance Industries Limited.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Network18 Media & Investments Limited reported revenue of ₹21.2B in FY2026 versus ₹58.8B in FY2022, a compound −22.5%/yr. Reported net income was ₹1.5B in FY2026, compounding −7.5%/yr from FY2022.

Revenue −22.5%/yr
FY22 ₹58.8B
FY23 ₹62.2B
FY24 ₹93.0B
FY25 ₹68.9B
FY26 ₹21.2B
Net income −7.5%/yr
FY22 ₹2.1B
FY23 −₹843M
FY24 −₹2.1B
FY25 −₹16.9B
FY26 ₹1.5B

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Frequently asked questions

Is Network18 Media & Investments Limited (NETWORK18) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹18.48 versus a price of ₹33.11 — about −44% (overvalued). Model-based estimate, not financial advice.
What is the fair value of NETWORK18?
Our model-based fair value for Network18 Media & Investments Limited is ₹18.48 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹33.11.
What is the quality score of NETWORK18?
Network18 Media & Investments Limited has a Quality Score of 38/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Network18 Media & Investments Limited (NETWORK18)?
Network18 Media & Investments Limited reported trailing-twelve-month revenue of about ₹21.2B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of NETWORK18?
The net profit margin of Network18 Media & Investments Limited is about 7.2%, meaning it keeps roughly 7.2% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.