NDTV (NDTV)

FairStock Score: 6/100 — RISKY

Score breakdown: P/E: 0/3 · ROCE: 0/2 · Growth: 0/2 · Dividend: 0/1

Key Financials

Strengths

• Sales growth of 13.31% shows some top-line momentum in a difficult media environment.
• Promoter holding of 69.02% gives management a large economic stake in the company.
• Book value is positive at ₹24.16 per share, providing a thin asset cushion.
• Current price is above the 52-week low of ₹58.75, suggesting some investor interest at lower levels.

Concerns

• Latest quarter net loss of ₹80 Cr on sales of ₹150 Cr implies severely negative operating margins.
• ROE of -100.45% and ROCE of -47.81% indicate intense capital destruction.
• P/B of 3.38 means investors pay a large premium over book value for a loss-making business.
• Zero dividend yield and meaningless P/E leave no earnings or income support for the valuation.

AI Analysis

At ₹81.63, NDTV carries a market cap of ₹900 crore, but there is no earnings anchor. The P/E is zero because the company is losing money; the latest quarter had sales of ₹150 crore and a net loss of ₹80 crore. That is a brutal -53% margin. Graham would say price is what you pay, value is what you get. Book value is only ₹24.16 per share, so I am being asked to pay 3.38 times book for a business whose ROE is -100.45%. This is capital destruction, not value creation. The 13.31% sales growth is encouraging on the surface, but growth without profits is not enough for a value investor. Profit growth is -34.67%, and the Piotroski score of 3/9 confirms weak financial health. There is no dividend yield, so minority shareholders receive no income while bearing all the downside. Promoter holding of 69.02% does align long-term interests, but for minority investors it also means limited influence. The FairStock Score of 2/100 says this is risky. The 52-week range of ₹58.75 to ₹152.50 shows the market itself is uncertain about direction. This is not a stalwart or a grower; it is a possible turnaround, but only if management stops the bleeding and demonstrates a clear path to positive operating income. I prefer predictable businesses with consistent returns on capital. NDTV fails that test. A value investor must wait for either a margin of safety in the balance sheet, which is absent here, or real evidence of earnings recovery. Until then, this belongs in the 'too hard' pile. As Buffett says, the first rule is not to lose money. NDTV's current numbers break that rule.

Data from BSE/NSE filings. AI analysis is for educational purposes only — not investment advice. Scoring methodology · Disclaimer