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Sri Adhikari Brothers Television Network Limited (SABTNL) Fair Value & Analysis

Communication Services · IN · Market cap ₹50.4B (≈ $529M) · ISIN INE416A01036

SA Sri Adhikari Brothers Television Network Limited SABTNL · BSE
Price₹23.36
Fair Value₹49.93
Upside+113.7%
Quality70/100
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Strengths

Trades 53% below our fair value of ₹49.93
Highly profitable · 128.3% net margin
Negative equity (buybacks among others) · generates free cash flow

Risks

!Mixed Growth (revenue YoY +119.6 %/yr)
!Mixed vs. peers (5/9)
!Narrow moat 23/100
Mixed Growth (revenue YoY +119.6 %/yr)
Highly profitable · 128.3% net margin
Negative equity (buybacks among others) · generates free cash flow
Mixed vs. peers (5/9)
Narrow moat 23/100
Evidence: High Range ₹31.51 – ₹62.41 Share as image

Fair value as of: Aug 28, 2026

From 21 valuation models · updated today

Fair value updated Aug 28, 2026, revised from ₹0.6100 to ₹49.93 (+8,085.2%) since Aug 13, 2026.

A solid business, trading 53% below our fair value.

What runs behind every stock

69 individual criteria per stock, every one traceable See the method →

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What matters now

  • The rarer combination: high quality (70/100) AND below fair value. That earns a closer look rather than a quick verdict.
  • The price is below even our cautious bear case (₹31.51). The market is more pessimistic than our downside scenario.
  • A fairly wide model range (₹31.51 to ₹62.41) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹219.77 ₹4.36 Fair Value ₹49.93 May 2019 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 28, 2026.

How to read this chart

60‑month range ₹4.36 – ₹219.77 · fair‑value band ₹31.51 – ₹62.41 · the ₹23.36 price screens below the ₹49.93 fair value. Dashed = 300-day average. As of Aug 28, 2026.

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Analysis

Sri Adhikari Brothers Television Network Limited (SABTNL) currently trades at ₹23.36, while our model-based Fair Value estimate is ₹49.93, implying the stock looks roughly 113.7% undervalued today. The Quality Score stands at 70/100 (solid quality), in the Communication Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Trailing-twelve-month revenue stands at ₹108M. Revenue grew 109.5% year over year. Net debt stands at ₹105M. Fundamentals as of Aug 28, 2026

Our scenario range runs from ₹31.51 (bear case) to ₹62.41 (bull case); at ₹23.36, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. For context, the median of 10 Communication Services peers we cover trades at 20% fair-value upside, at 114%, SABTNL screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Growth DCF ₹611.64 ₹1,211 ₹2,184 72
Growth-Adj P/E ₹1,086 ₹1,548 ₹2,010 68
Rev-Margin DCF ₹212.20 ₹274.62 ₹399.44 67
All 21 models by family
DCF Models
FCF DCF ₹661.57 ₹1,024 ₹2,197 38
Owner Earnings ₹561.71 ₹1,273 ₹2,746 31
5Y Revenue Exit ₹199.72 ₹237.17 ₹312.06 39
5Y EBITDA Exit ₹212.20 ₹262.13 ₹361.99 41
5Y P/E Exit ₹611.64 ₹1,323 ₹2,297 38
10Y Revenue Exit ₹337.03 ₹499.30 ₹536.75 36
10Y EBITDA Exit ₹349.51 ₹524.27 ₹761.43 37
10Y P/E Exit ₹636.61 ₹1,373 ₹2,584 35
Earnings-Based
Graham-Dodd ₹224.69 ₹1,585 ₹2,222 54
Lynch FV ₹811.36 ₹1,161 ₹1,510 50
PEG = 1.0 ₹811.36 ₹1,161 ₹1,510 46
EPV ₹24.97 ₹24.97 ₹24.97 59
Multiples
P/E Multiple ₹549.23 ₹736.47 ₹911.22 63
P/S Multiple ₹199.72 ₹262.13 ₹337.03 58
EV/EBIT ₹24.97 ₹37.45 ₹37.45 53
EV/EBITDA ₹37.45 ₹49.93 ₹62.41 54
EV/Revenue ₹24.97 ₹24.97 ₹37.45 43
Growth DCF
Growth DCF ₹611.64 ₹1,211 ₹2,184 72
Rev-Margin DCF ₹212.20 ₹274.62 ₹399.44 67
Economic Profit
ROIC Compounder ₹24.97 ₹24.97 ₹24.97 67
Growth Earnings
Growth-Adj P/E ₹1,086 ₹1,548 ₹2,010 68

Widest divergence: Growth Earnings (₹1,548) versus Economic Profit (₹24.97). Highest evidence: Growth DCF (72).

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Key figures & financial health

P/E ratio 363.0 as of Jul 5, 2026
EPS (TTM) ₹5.47 price ÷ EPS = P/E 363.0
Net margin 43.6% FY2026
Return on equity -164% TTM
Return on assets (EBIT) -12.4% avg 5y
Operating margin 36.8% TTM
More key figures
Growth
Revenue (TTM) ₹108M TTM
Revenue growth (YoY) +110%
Balance sheet & cash flow
Free cash flow ₹65.8M FY2026
Net debt ₹105M FY2026 · ≈ 1.6 yrs of FCF

Figures from reported company fundamentals · as of Aug 28, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 70/100

Of which business quality 72 · Market factors (momentum, volatility) 15

Profitability 79
Margins and returns on capital today
Quality Growth 80
Are margins and returns improving?
Cashflow 86
Earnings quality: real cash, not paper profit
Fin. Strength 54
Balance sheet, leverage, solvency risk
Investment 100
Disciplined investing over empire-building
Low Volatility 50
Calm price path (market factor)
Momentum 0
Price trend over the last 3–12 months (market factor)
52W Momentum 0
Distance to the 52-week high (market factor)
Net Issuance 40
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

All values are scores from 0 to 100 (100 = best against fixed, research-based bands), not percentages. The three market factors (momentum, 52-week proximity, low volatility) are displayed but carry zero weight in the headline number: market sentiment is not a business property.

About the company

Sri Adhikari Brothers Television Network Limited engages in the content production and distribution businesses in India. The company is involved in the syndication of content to various content production, syndication, broadcasting and publishing networks.

Full company description

Sri Adhikari Brothers Television Network Limited engages in the content production and distribution businesses in India. The company is involved in the syndication of content to various content production, syndication, broadcasting and publishing networks. It also operates MASTIII, a hindi youth and music genre; Dabangg, a hindi general entertainment channel; Dhamaal Gujarat, a youth focused regional channel; Maiboli, a Marathi channel; and Dillagi, a movie channel. Sri Adhikari Brothers Television Network Limited was founded in 1985 and is based in Mumbai, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Sri Adhikari Brothers Television Network Limited reported revenue of ₹132M in FY2026 versus ₹0 in FY2022. Reported net income was ₹57.6M in FY2026.

Growth Quality 81/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
₹132M
Latest YoY
+119.6%
Avg. revenue growth/yr (7Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
−2.0%
Value creation/yr We only publish this rate when it is defensible. Reason: no profitable base year
not computed
Revenue
FY22 ₹0
FY23 ₹0
FY24 ₹27.6M
FY25 ₹60.1M
FY26 ₹132M
Net income
FY22 −₹212M
FY23 −₹213M
FY24 −₹213M
FY25 −₹224M
FY26 ₹57.6M

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Cite: Fair Value Calculator (2026). "Sri Adhikari Brothers Television Network Limited Fair Value". https://www.fairvalue-calculator.com/stock/SABTNL

Peer Group

Broadcasting · 70 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 70 · Top 25%
Fair Value upside +114% · Top 25%
Return on assets -1% · Below median
Net margin (TTM) 128% · Top 25%
Operating margin (TTM) 37% · Top 25%
Revenue growth 110% · Top 25%

Valuation Multiples vs Broadcasting median · lower = cheaper

P/E (TTM) 363.0× · Pricier than 75% of peers
P/FCF 8.0× · Pricier than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUEFUTUREPASTHEALTHDIVIDEND
This stock
VALUEFUTUREPASTHEALTHDIVIDEND
Sector peers
VALUE100 · sector 33
FUTURE100 · sector 0
PAST0 · sector 2
HEALTH0 · sector 96
DIVIDEND0 · sector 71

PAST 0: with negative equity (buybacks among others) return on equity is not meaningfully computable.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

Similar stocks

10 more Broadcasting stocks, each showing price versus our Fair Value estimate (as of Aug 28, 2026).

Stock Price Fair Value vs Fair Value
Nexstar Media Group NXST $185.52 $151.97 -18%
SES S.A SESG €4.90 €18.90 +286%
PT Elang Mahkota Teknologi Tbk, through its subsidiaries, EMTK 500.00 IDR 1,094 IDR +119%
MFE-Mediaforeurope N.V MFEB €3.62 €5.38 +49%
Jiangsu Broadcasting Cable Information Network Corporation 600959 ¥3.10 ¥1.14 -63%
Sun TV Network Limited SUNTV ₹487.90 ₹586.58 +20%
MBC Group 4072 20.41 SAR 19.24 SAR -6%
Métropole Télévision S.A MMT €12.04 €15.96 +33%
Beijing Gehua Catv Network Co 600037 ¥7.15 ¥3.64 -49%
PT Surya Citra Media Tbk, SCMA 216.00 IDR 198.19 IDR -8%

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Frequently asked questions

Is Sri Adhikari Brothers Television Network Limited (SABTNL) overvalued or undervalued?
As of Aug 28, 2026, our model estimates a fair value of ₹49.93 versus a price of ₹23.36, about +114% (undervalued).
What is the fair value of SABTNL?
Our model-based fair value for Sri Adhikari Brothers Television Network Limited is ₹49.93 (as of Aug 28, 2026), built from audited fundamentals. The current price: ₹23.36.
What is the quality score of SABTNL?
Sri Adhikari Brothers Television Network Limited has a Quality Score of 70/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of Sri Adhikari Brothers Television Network Limited (SABTNL)?
Sri Adhikari Brothers Television Network Limited reported trailing-twelve-month revenue of about ₹108M (latest available figure, as of Aug 28, 2026).
What is the net profit margin of SABTNL?
The net profit margin of Sri Adhikari Brothers Television Network Limited is about 128.3%, meaning it keeps roughly 128.3% 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.

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