Liquidity Ratios Current Ratio Current Assets/Current Liabilites

Quick Ratio Liquid Assets/Current Liabilities

Cash Ratio Cash and Cash Equivalents/Current Liabilities
Solvency Ratios Debt to Assets Total Debt/Total Assets
Debt to Equity Total Debt/Total Equity
Long term Debt to Equity Long Term Debt/Total Equity
Financial Leverage EBIT/EBT
Interest Coverage Ratio EBIT/Interest
Activity Ratios Inventory Turnover COGS/Inventory
Days of inventory on hand Inventory*360/COGS
Receivable Turnover Sales/Receivables
Days Sales Outstanding Receivables*360/Sales
Payable Turnover Sales/Payables
Number of days payable Payables*360/Sales
Fixed Asset Turnover Net Sales/Fixed Assets
Total Asset Turnover Net Sales/Total Assets
Profitability Ratios Net Profit Margin Net Profit*100/Net Sales
Gross Profit Margin Gross Profit*100/Net Sales
Operating Profit Margin Op.Profit*100/Net Sales
ROA PAT/Assets
ROE PAT/Equity
ents/Current Liabilities

Debt=Liabilities

Inv=(Opening+Closing Inv)/2

Sales=Revenue

Gross Profit=Sales-COGS
BALANCE SHEET OF NETWORK 18 MEDIA & INVESTMENTS (in Rs. Cr.) 44641
12 mths
EQUITIES AND LIABILITIES
SHAREHOLDER'S FUNDS
Equity Share Capital 517.68
TOTAL SHARE CAPITAL 517.68
Reserves and Surplus 28.9
TOTAL RESERVES AND SURPLUS 28.9
TOTAL SHAREHOLDERS FUNDS 546.58
Minority Interest 3219.5
NON-CURRENT LIABILITIES
Long Term Borrowings 0.19
Deferred Tax Liabilities [Net] 0
Other Long Term Liabilities 109.89
Long Term Provisions 97.41
TOTAL NON-CURRENT LIABILITIES 207.49
CURRENT LIABILITIES
Short Term Borrowings 2412.89
Trade Payables 1424.73
Other Current Liabilities 429.07
Short Term Provisions 16.25
TOTAL CURRENT LIABILITIES 4282.94
TOTAL CAPITAL AND LIABILITIES 8256.51
ASSETS
NON-CURRENT ASSETS
Tangible Assets 375.94
Intangible Assets 34.15
Capital Work-In-Progress 4.35
FIXED ASSETS 535.88
Non-Current Investments 718.49
Deferred Tax Assets [Net] 15.74
Long Term Loans And Advances 0
Other Non-Current Assets 602.89
TOTAL NON-CURRENT ASSETS 4392.34
CURRENT ASSETS
Current Investments 52.36
Inventories 1885.81
Trade Receivables 1278.6
Cash And Cash Equivalents 330.16
Short Term Loans And Advances 0.3
OtherCurrentAssets 316.94
TOTAL CURRENT ASSETS 3864.17
TOTAL ASSETS 8256.51
OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES, COMMITMENTS
Contingent Liabilities 3493.36
BONUS DETAILS
Bonus Equity Share Capital 0
NON-CURRENT INVESTMENTS
Non-Current Investments Quoted Market Value 46.77
Non-Current Investments Unquoted Book Value 675.06
CURRENT INVESTMENTS
Current Investments Quoted Market Value 0
Current Investments Unquoted Book Value 52.36

PROFIT & LOSS ACCOUNT OF NETWORK 18 MEDIA & INVESTMENTS (in Rs. Cr.) 44641
12 mths
INCOME
REVENUE FROM OPERATIONS [GROSS] 5458.76
Less: Excise/Sevice Tax/Other Levies 753.65
REVENUE FROM OPERATIONS [NET] 4705.11
TOTAL OPERATING REVENUES 4705.11
Other Income 43.84
TOTAL REVENUE 4748.95
EXPENSES
Cost Of Materials Consumed 0.94
Purchase Of Stock-In Trade 0
Operating And Direct Expenses 2613
Changes In Inventories Of FGWIP And Stock In Trade 0
Employee Benefit Expenses 954.47
Finance Costs 157.12
Depreciation And Amortisation Expenses 146.81
Other Expenses 340.9
TOTAL EXPENSES 4213.24
PROFIT/LOSS BEFORE EXCEPTIONAL, EXTRAORDINARY ITEMS AND TAX 535.71
Exceptional Items 0
PROFIT/LOSS BEFORE TAX 535.71
TAX EXPENSES-CONTINUED OPERATIONS
Current Tax -71.69
Less: MAT Credit Entitlement 0
Deferred Tax 36.87
Other Direct Taxes 0
TOTAL TAX EXPENSES -34.82
PROFIT/LOSS AFTER TAX AND BEFORE EXTRAORDINARY ITEMS 570.53
PROFIT/LOSS FROM CONTINUING OPERATIONS 570.53
PROFIT/LOSS FOR THE PERIOD 570.53
Minority Interest -514.31
CONSOLIDATED PROFIT/LOSS AFTER MI AND ASSOCIATES 32.28
OTHER ADDITIONAL INFORMATION
EARNINGS PER SHARE
Basic EPS (Rs.) 0
Diluted EPS (Rs.) 0
DIVIDEND AND DIVIDEND PERCENTAGE
Equity Share Dividend 0
Tax On Dividend 0
 44640 44639
12 mths 12 mths

517.68 517.68
517.68 517.68
-1.47 293.13
-1.47 293.13
516.21 810.81
2701.78 2412.99

1.04 221.6
0 0
86.46 0
82.39 70.92
169.89 292.52

3262.59 2789.91
1476.84 1756.35
477.77 374.85
10.79 12.8
5227.99 4933.91
8615.87 8450.23

406.83 284.61
47.19 63.88
11.59 33.14
540.68 395.79
746.78 884.56
49.01 49.7
0 101.97
663.56 727.37
4519.37 4678.73

49.23 38.21
2036.67 1904.58
1543.43 1302.15
118.01 189.18
0.12 0
349.04 337.38
4096.5 3771.5
 8615.87 8450.23

3465.84 3537.58

0 0

24.95 67.43
721.18 817.13

0 0
49.23 38.21

44640 44639
12 mths 12 mths

6186.56 5915.96
829.41 799.78
5357.15 5116.18
5357.15 5116.18
35.03 -47.69
5392.18 5068.49

3.22 2.35
0 0
3315.96 3341.23
0 0
1031.94 1096.15
235.87 198.47
174.63 142.05
389.11 464.57
5150.73 5244.82
241.45 -176.33
-50 0
191.45 -176.33

86.38 -55.82
0 0
0.68 2.77
0 0
87.06 -53.05
104.39 -123.28
104.39 -123.28
104.39 -123.28
-292.75 -125.37
-236.61 -302.97

-2 -3
-2 -3

0 0
0 0
Dish TV India
Consolidated Balance Sheet ------------------- in Rs. Cr. -------------------
44641 44640

12 mths 12 mths

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS
Equity Share Capital 184.13 184.13
Total Share Capital 184.13 184.13
Reserves and Surplus 2498.94 3662.37
Total Reserves and Surplus 2498.94 3662.37
Employees Stock Options 3.89 3.31
Total Shareholders Funds 2686.96 3849.81
Minority Interest -58.96 -52.07
NON-CURRENT LIABILITIES
Long Term Borrowings 268.58 560.44
Other Long Term Liabilities 13.5 33.61
Long Term Provisions 25.22 25.92
Total Non-Current Liabilities 307.3 619.97
CURRENT LIABILITIES
Short Term Borrowings 214.54 436.96
Trade Payables 1192.35 1291.08
Other Current Liabilities 1198.14 1882.86
Short Term Provisions 3744.43 3580.23
Total Current Liabilities 6349.46 7191.13
Total Capital And Liabilities 9284.76 11608.84
ASSETS
NON-CURRENT ASSETS
Tangible Assets 2091.59 2848.8
Intangible Assets 1676.58 2015.54
Capital Work-In-Progress 395.28 622.72
Intangible Assets Under Development 552 525
Fixed Assets 4715.45 6012.06
Non-Current Investments 0 0
Deferred Tax Assets [Net] 650.17 1147.76
Long Term Loans And Advances 7.08 10.79
Other Non-Current Assets 937.06 937.63
Total Non-Current Assets 8547.78 10925.23
CURRENT ASSETS
Current Investments 0 0
Inventories 21.18 22.01
Trade Receivables 93.05 86.84
Cash And Cash Equivalents 155.47 146.26
Short Term Loans And Advances 18.72 16.07
OtherCurrentAssets 448.56 412.43
Total Current Assets 736.98 683.61
Total Assets 9284.76 11608.84
OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES, COMMITMENTS
Contingent Liabilities 2626.23 5386.59
BONUS DETAILS
NON-CURRENT INVESTMENTS
Non-Current Investments Unquoted Book Value 0 0
CURRENT INVESTMENTS
Current Investments Quoted Market Value 0 0

Consolidated Profit & Loss account ------------------- in Rs. Cr. -------------------

44641 44640

12 mths 12 mths

INCOME
Revenue From Operations [Gross] 3213.54 3493.2
Revenue From Operations [Net] 3213.54 3493.2
Other Operating Revenues 35.82 63.14
Total Operating Revenues 3249.36 3556.34
Other Income 15.6 13.61
Total Revenue 3264.96 3569.95
EXPENSES
Purchase Of Stock-In Trade 0 0
Operating And Direct Expenses 708.11 788.05
Changes In Inventories Of FG,WIP And Stock-In Trade 0.63 2.7
Employee Benefit Expenses 152.97 193.11
Finance Costs 418.37 565.22
Depreciation And Amortisation Expenses 1531.91 1426.21
Other Expenses 370.66 466.51
Total Expenses 3182.65 3441.8
Profit/Loss Before Exceptional, ExtraOrdinary Items And Tax 82.31 128.15
Exceptional Items -779.81 -1915.5
Profit/Loss Before Tax -697.5 -1787.35
Tax Expenses-Continued Operations
Current Tax 0 0
Deferred Tax 497.04 -132.51
Tax For Earlier Years -4.68 0
Total Tax Expenses 492.36 -132.51
Profit/Loss After Tax And Before ExtraOrdinary Items -1189.86 -1654.84
Profit/Loss From Continuing Operations -1189.86 -1654.84
Profit/Loss For The Period -1189.86 -1654.84
Minority Interest 12.26 16.02
Consolidated Profit/Loss After MI And Associates -1177.6 -1638.82
OTHER ADDITIONAL INFORMATION
EARNINGS PER SHARE
Basic EPS (Rs.) -6 -9
Diluted EPS (Rs.) -6 -9
DIVIDEND AND DIVIDEND PERCENTAGE
Equity Share Dividend 0 0
Tax On Dividend 0 0
-------------------
44639

12 mths

184.13
184.13
5305.85
5305.85
0
5489.98
-34.58

1239.27
36.28
27.28
1302.83

691.42
1389.92
2267.82
3260.92
7610.08
14368.31

3348.86
2153.83
766.6
0
6269.29
11.29
122.58
12.17
1176.24
12324.06

0
24.71
140.59
170.68
11.97
1696.3
2044.25
14368.31
 1511.25

-------------------
44639

12 mths

6109.54
6109.54
56.59
6166.13
52.15
6218.28

0
3405.19
-13.37
247.51
628.65
1440.92
482.53
6191.43
26.85
-1562.54
-1535.69

28.44
-409.93
9.21
-372.28
-1163.41
-1163.41
-1163.41
18.51
-1144.9

-6
-6

92.06
18.92
New Delhi Television
Consolidated Balance Sheet ------------------- in Rs. Cr. -------------------
44641 44640

12 mths 12 mths

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS
Equity Share Capital 25.79 25.79
Total Share Capital 25.79 25.79
Reserves and Surplus 125.88 62.43
Total Reserves and Surplus 125.88 62.43
Total Shareholders Funds 151.67 88.22
Minority Interest 18.82 12.79
NON-CURRENT LIABILITIES
Long Term Borrowings 9.88 18.25
Other Long Term Liabilities 4.79 8.25
Long Term Provisions 14.98 14.7
Total Non-Current Liabilities 29.65 41.2
CURRENT LIABILITIES
Short Term Borrowings 49.73 81.3
Trade Payables 109.82 183.12
Other Current Liabilities 81.27 74.86
Short Term Provisions 13 12.9
Total Current Liabilities 253.82 352.17
Total Capital And Liabilities 453.95 494.38
ASSETS
NON-CURRENT ASSETS
Tangible Assets 51.98 53.82
Intangible Assets 8.46 10.67
Capital Work-In-Progress 0.11 0.49
Fixed Assets 60.55 64.98
Non-Current Investments 42.46 10.24
Deferred Tax Assets [Net] 1.72 2.98
Long Term Loans And Advances 2.95 4.85
Other Non-Current Assets 116.55 37.09
Total Non-Current Assets 224.21 120.15
CURRENT ASSETS
Inventories 0 0.57
Trade Receivables 106.15 147.35
Cash And Cash Equivalents 25.68 43.55
Short Term Loans And Advances 0.06 1.84
OtherCurrentAssets 97.85 180.93
Total Current Assets 229.74 374.24
Total Assets 453.95 494.38
OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES, COMMITMENTS
Contingent Liabilities 1008.38 1118.52
BONUS DETAILS
Bonus Equity Share Capital 16.47 16.47
NON-CURRENT INVESTMENTS
Non-Current Investments Quoted Market Value 8.97 3.91
Non-Current Investments Unquoted Book Value 33.49 6.33

New Delhi Television

Consolidated Profit & Loss account ------------------- in Rs. Cr. -------------------
44641 44640

12 mths 12 mths

INCOME
Revenue From Operations [Gross] 357.63 370.12
Revenue From Operations [Net] 357.63 370.12
Other Operating Revenues 0 3.05
Total Operating Revenues 357.63 373.17
Other Income 50.27 19.8
Total Revenue 407.9 392.96
EXPENSES
Operating And Direct Expenses 67.26 88.53
Employee Benefit Expenses 102.2 119.33
Finance Costs 23.28 24.87
Depreciation And Amortisation Expenses 9.74 10.82
Other Expenses 115.12 112.52
Total Expenses 317.6 356.06
Profit/Loss Before Exceptional, ExtraOrdinary Items And Tax 90.3 36.9
Exceptional Items 0 0
Profit/Loss Before Tax 90.3 36.9
Tax Expenses-Continued Operations
Current Tax 14.21 8.04
Deferred Tax 1.19 -0.46
Tax For Earlier Years 0 0
Total Tax Expenses 15.4 7.58
Profit/Loss After Tax And Before ExtraOrdinary Items 74.91 29.32
Profit/Loss From Continuing Operations 74.91 29.32
Profit/Loss For The Period 74.91 29.32
Minority Interest -3.96 -3.7
Share Of Profit/Loss Of Associates -0.05 -1.39
Consolidated Profit/Loss After MI And Associates 70.9 24.23
OTHER ADDITIONAL INFORMATION
EARNINGS PER SHARE
Basic EPS (Rs.) 11 4
Diluted EPS (Rs.) 11 4
DIVIDEND AND DIVIDEND PERCENTAGE
-------------------
44639

12 mths

25.79
25.79
39.97
39.97
65.76
9.49

51.47
6.21
13.31
71

96.06
168.04
70.01
12.48
346.6
492.83

45.71
11.9
0.42
58.02
22.82
2.47
5.07
56.77
145.15

0.69
135.67
51.93
0.23
 159.17
347.69
492.83

1040.09

16.47

18.14
4.68

-------------------
44639

12 mths

388.92
388.92
9.58
398.5
25.23
423.72

90.35
139.77
27.69
11.92
121.37
391.09
32.63
-4
28.63

9.35
-0.16
0
9.19
19.44
19.44
19.44
-1.13
-8.08
10.23

2
2
Sun TV Netwrok
BALANCE SHEET OF SUN TV NETWORK (in Rs. Cr.) Mar 21 Mar 20 Mar 19
12 mths 12 mths 12 mths
EQUITIES AND LIABILITIES
SHAREHOLDER'S FUNDS
Equity Share Capital 197.04 197.04 197.04
TOTAL SHARE CAPITAL 197.04 197.04 197.04
Reserves and Surplus 6,856.67 5,527.07 5,329.45
TOTAL RESERVES AND SURPLUS 6,856.67 5,527.07 5,329.45
TOTAL SHAREHOLDERS FUNDS 7,053.71 5,724.11 5,526.49
Minority Interest 4.96 4.75 4.42
NON-CURRENT LIABILITIES
Long Term Borrowings 0 0 0
Deferred Tax Liabilities [Net] 0 85.14 105.6
Other Long Term Liabilities 59.82 82.54 12.06
Long Term Provisions 0 0 0
TOTAL NON-CURRENT LIABILITIES 59.82 167.68 117.66
CURRENT LIABILITIES
Short Term Borrowings 0 0 0
Trade Payables 273.78 316.65 229.4
Other Current Liabilities 313.77 273.24 302.09
Short Term Provisions 240.39 21.13 17.66
TOTAL CURRENT LIABILITIES 827.94 611.02 549.15
TOTAL CAPITAL AND LIABILITIES 7,946.43 6,507.56 6,197.72
ASSETS
NON-CURRENT ASSETS
Tangible Assets 676.97 752.88 695.45
Intangible Assets 263.76 387.71 411.78
Capital Work-In-Progress 146.32 66.3 13.36
FIXED ASSETS 1,087.05 1,206.89 1,120.59
Non-Current Investments 1,092.47 719.11 707.04
Deferred Tax Assets [Net] 338.75 0.99 1.09
Long Term Loans And Advances 0 0 0
Other Non-Current Assets 215.29 301.4 319.47
TOTAL NON-CURRENT ASSETS 2,738.36 2,233.19 2,152.99
CURRENT ASSETS
Current Investments 2,411.57 1,972.92 2,093.48
Inventories 0 0 0.24
Trade Receivables 1,433.94 1,367.22 1,133.99
Cash And Cash Equivalents 1,071.84 703.17 593
Short Term Loans And Advances 0 0 0
OtherCurrentAssets 290.72 231.06 224.02
TOTAL CURRENT ASSETS 5,208.07 4,274.37 4,044.73
TOTAL ASSETS 7,946.43 6,507.56 6,197.72
OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES, COMMITMENTS
Contingent Liabilities 530.22 1,409.95 1,057.01
BONUS DETAILS
Bonus Equity Share Capital 158.92 158.92 158.92
NON-CURRENT INVESTMENTS
Non-Current Investments Quoted Market Value 0 0 0
Non-Current Investments Unquoted Book Value 657.32 198.72 235.98
CURRENT INVESTMENTS
Current Investments Quoted Market Value 11.41 9.44 14.99
Current Investments Unquoted Book Value 2,400.16 1,963.48 2,078.49

Consolidated Profit & Loss account ------------------- in Rs. Cr. -------------------

Mar 21 Mar 20 Mar 19

12 mths 12 mths 12 mths

INCOME
Revenue From Operations [Gross] 3,176.89 3,519.85 3,782.54
Revenue From Operations [Net] 3,176.89 3,519.85 3,782.54
Total Operating Revenues 3,176.89 3,519.85 3,782.54
Other Income 306.84 260.65 227.11
Total Revenue 3,483.73 3,780.50 4,009.65
EXPENSES
Operating And Direct Expenses 471.26 573.02 533.31
Employee Benefit Expenses 307.12 323.22 329.86
Finance Costs 26.86 12.75 1.65
Depreciation And Amortisation Expenses 403.92 700.2 662.81
Other Expenses 327.13 347.69 312.69
Total Expenses 1,536.29 1,956.88 1,840.32
Profit/Loss Before Exceptional, ExtraOrdinary Items And Ta 1,947.44 1,823.62 2,169.33
Profit/Loss Before Tax 1,947.44 1,823.62 2,169.33
Tax Expenses-Continued Operations
Current Tax 465.04 454.32 722.8
Deferred Tax -422.9 -20.36 28.26
Tax For Earlier Years 373.64 0 0
Total Tax Expenses 415.78 433.96 751.06
Profit/Loss After Tax And Before ExtraOrdinary Items 1,531.66 1,389.66 1,418.27
Profit/Loss From Continuing Operations 1,531.66 1,389.66 1,418.27
Profit/Loss For The Period 1,531.66 1,389.66 1,418.27
Minority Interest -0.21 -0.33 -0.41
Share Of Profit/Loss Of Associates -6.42 -4.17 15.41
Consolidated Profit/Loss After MI And Associates 1,525.03 1,385.16 1,433.27
OTHER ADDITIONAL INFORMATION
EARNINGS PER SHARE
Basic EPS (Rs.) 39 35 36
Diluted EPS (Rs.) 39 35 36
DIVIDEND AND DIVIDEND PERCENTAGE
Equity Share Dividend 197.04 985.21 492.61
Tax On Dividend 0 202.51 101.25
BALANCE SHEET OF ZEE ENTERTAINMENT ENTERPRISES (in Rs. Cr.) Mar 21
12 mths
EQUITIES AND LIABILITIES
SHAREHOLDER'S FUNDS
Equity Share Capital 96.1
TOTAL SHARE CAPITAL 96.1
Reserves and Surplus 9,998.50
TOTAL RESERVES AND SURPLUS 9,998.50
TOTAL SHAREHOLDERS FUNDS 10,094.60
Minority Interest 12.9
NON-CURRENT LIABILITIES
Long Term Borrowings 19.5
Deferred Tax Liabilities [Net] 0
Other Long Term Liabilities 0
Long Term Provisions 154.6
TOTAL NON-CURRENT LIABILITIES 174.1
CURRENT LIABILITIES
Short Term Borrowings 0
Trade Payables 1,398.20
Other Current Liabilities 1,122.60
Short Term Provisions 16.3
TOTAL CURRENT LIABILITIES 2,537.10
TOTAL CAPITAL AND LIABILITIES 12,818.70
ASSETS
NON-CURRENT ASSETS
Tangible Assets 632.9
Intangible Assets 177.9
Capital Work-In-Progress 12.9
FIXED ASSETS 886.2
Non-Current Investments 31.6
Deferred Tax Assets [Net] 315.1
Long Term Loans And Advances 0
Other Non-Current Assets 480.3
TOTAL NON-CURRENT ASSETS 2,093.60
CURRENT ASSETS
Current Investments 766.7
Inventories 5,403.00
Trade Receivables 1,945.20
Cash And Cash Equivalents 1,090.70
Short Term Loans And Advances 0
OtherCurrentAssets 1,519.50
TOTAL CURRENT ASSETS 10,725.10
TOTAL ASSETS 12,818.70
OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES, COMMITMENTS
Contingent Liabilities 3,494.20
BONUS DETAILS
Bonus Equity Share Capital 47.45
NON-CURRENT INVESTMENTS
Non-Current Investments Quoted Market Value 0.8
Non-Current Investments Unquoted Book Value 28.8
CURRENT INVESTMENTS
Current Investments Quoted Market Value 740.8
Current Investments Unquoted Book Value 25.9

Previous Years »
Consolidated Profit & Loss account ------------------- in Rs. Cr. -------------------
Mar 21

12 mths

INCOME
Revenue From Operations [Gross] 7,703.20
Revenue From Operations [Net] 7,703.20
Other Operating Revenues 26.7
Total Operating Revenues 7,729.90
Other Income 110.4
Total Revenue 7,840.30
EXPENSES
Operating And Direct Expenses 3,946.70
Employee Benefit Expenses 818.3
Finance Costs 57.1
Depreciation And Amortisation Expenses 264.9
Other Expenses 1,371.00
Total Expenses 6,458.00
Profit/Loss Before Exceptional, ExtraOrdinary Items And Tax 1,382.30
Exceptional Items -126.6
Profit/Loss Before Tax 1,255.70
Tax Expenses-Continued Operations
Current Tax 516.2
Deferred Tax -43.6
Tax For Earlier Years -10.1
Total Tax Expenses 462.5
Profit/Loss After Tax And Before ExtraOrdinary Items 793.2
Profit/Loss From Continuing Operations 793.2
Profit/Loss For The Period 793.2
Minority Interest 7
Share Of Profit/Loss Of Associates -0.1
Consolidated Profit/Loss After MI And Associates 800.1
OTHER ADDITIONAL INFORMATION
EARNINGS PER SHARE
Basic EPS (Rs.) 8
Diluted EPS (Rs.) 8
DIVIDEND AND DIVIDEND PERCENTAGE
Equity Share Dividend 28.8
Tax On Dividend 0
 Mar 20 Mar 19
12 mths 12 mths

96 96
393.5 836.9
9,247.90 8,827.90
9,247.90 8,827.90
9,641.40 9,664.80
11 14.3

52.6 2
0 0
0 0
140.5 135
193.1 137

0 0
1,680.30 1,489.70
835.7 1,617.10
12.2 10.1
2,528.20 3,116.90
12,373.70 12,933.00

759.4 751
148.4 138.3
33.4 108.3
990.9 1,045.40
47.8 118.9
274.2 0
0 0
462 909.6
2,181.90 2,599.10

277 857.6
5,347.50 3,850.50
2,084.70 1,827.40
734.5 1,221.80
0 213.5
1,748.10 2,363.10
10,191.80 10,333.90
 12,373.70 12,933.00

2,091.80 1,470.60

47.45 47.45

5.5 48.1
22.6 70.8

0 6.7
277 850.9

----------- in Rs. Cr. -------------------

Mar 20 Mar 19

12 mths 12 mths

7,984.70 7,725.70
7,984.70 7,725.70
145.2 208.2
8,129.90 7,933.90
283.6 251.5
8,413.50 8,185.40

4,088.20 3,072.20
780.5 724.9
144.9 130.4
270.6 234.7
1,886.30 1,569.30
7,170.50 5,731.50
1,243.00 2,453.90
-284.3 -21.8
958.7 2,432.10

581.5 968.6
-152.7 13.4
2.9 -114.7
431.7 867.3
527 1,564.80
 527 1,564.80
527 1,564.80
1.9 -0.1
-2.4 2.4
526.5 1,567.10

5 16
5 16

336.2 278.5
70.9 57.3
Network 18

Liquidity Ratios Current Ratio Current Assets/Current Liabilites

Quick Ratio Liquid Assets/Current Liabilities
Cash Ratio Cash and Cash Equivalents/Current Liabilities
Solvency Ratios Debt to Assets Total Debt/Total Assets
Debt to Equity Total Debt/Total Equity
Long term Debt to Equity Long Term Debt/Total Equity
Financial Leverage EBIT/EBT
Interest Coverage Ratio EBIT/Interest
Activity Ratios Inventory Turnover COGS/Inventory
Days of inventory on hand Inventory*360/COGS
Receivable Turnover Sales/Receivables
Days Sales Outstanding Receivables*360/Sales
Payable Turnover Sales/Payables
Number of days payable Payables*360/Sales
Fixed Asset Turnover Net Sales/Fixed Assets
Total Asset Turnover Net Sales/Total Assets
Profitability Ratios Net Profit Margin Net Profit*100/Net Sales
Gross Profit Margin Gross Profit*100/Net Sales
Operating Profit Margin Op.Profit*100/Net Sales
ROA PAT/Assets
ROE PAT/Equity
 2019 2020 2021
0.032 0.023 0.016
0.774 0.812 0.751
ents/Current Liabilities 0.000 0.000 0.000
0.587 0.684 0.718
1.230 1.890 2.250
0.001 0.008 0.002
0.454 0.504 0.000
-4.470 -2.700 -0.300
109.414 229.945 376.083
115.898 118.515 124.367
3.929 3.471 3.680
91.626 103.718 97.829
2.913 3.627 3.302
123.586 99.244 109.010
17.976 13.168 12.516
0.605 0.622 0.570
-3.471 1.048 11.617
0.156 0.155 0.160
-4.508 3.606 10.877
-0.021 0.007 0.066
-0.055 0.017 0.145
 Ratios Formulae
Liquidity Ratios Current Ratio Current Assets/Current Liabilites
Quick Ratio Current Assets-Inventory/Current Liabilities
Cash Ratio Cash and Cash Equivalents/Current Liabilities
Solvency Ratios Debt to Assets Total Debt/Total Assets
Debt to Equity Total Debt/Total Equity
Long term Debt to Equity Long Term Debt/Total Equity
Financial Leverage EBIT/EBT
Interest Coverage Ratio EBIT/Interest
Activity Ratios Inventory Turnover COGS/Inventory
Days of inventory on hand Inventory*360/COGS
Receivable Turnover Sales/Receivables
Days Sales Outstanding Receivables*360/Sales
Payable Turnover Sales/Payables
Number of days payable Payables*360/Sales
Fixed Asset Turnover Net Sales/Fixed Assets
Total Asset Turnover Net Sales/Total Assets
Profitability Ratios Net Profit Margin Net Profit*100/Net Sales
Gross Profit Margin Gross Profit*100/Net Sales
Operating Profit Margin Op.Profit*100/Net Sales
ROA PAT/Assets
ROE PAT/Equity
 2021 2020 2019 %change yoy % change yoy
0.12 0.1 0.27 21.1 -64.72%
0.1117649662919 0.1 0.27
0.1811877137107 0.015673475518 0.012129399593
0.6144291157653 0.672857925512 0.619715619724
1.593556829336 0.470 0.51 -34.4 -7.02%
0.0822296613392 0.163247089058 0.238814752355
-0.719094327715 -0.07169832433 -0.01748399742
13.5 7.01 5.06 92.6 38.54%
0.42 0.15 0.29 187.7 -48.82%
85.714285714286 24.01090909091 12
3.57 3.63 2.07 -1.8 75.38%
10.259850044105 8.757097438339 8
2.7382563844509 2.76508814326 4.47384022102
131.47052337548 130.1947646326 80.46778208765
2 1.253141673687 2
0.3516472154369 0.3075 0.433
-36.6 -46.5 -29.38000 21.3 -58.38%
0.9727543369597
14.93 19.11 15.24 -21.9 25.45%
-0.128151939307 -0.14254998777 -0.08109884717
-0.452762557078 -0.436 -0.213
 Ratios Formulae
Liquidity Ratios Current Ratio Current Assets/Current Liabilites
Quick Ratio Current Assets-Inventory/Current Liabilities
Cash Ratio Cash and Cash Equivalents/Current Liabilities
Solvency Ratios Debt to Assets Total Debt/Total Assets
Debt to Equity Total Debt/Total Equity
Long term Debt to Equity Long Term Debt/Total Equity
Financial Leverage EBIT/EBT
Interest Coverage Ratio EBIT/Interest
Activity Ratios Inventory Turnover COGS/Inventory
Days of inventory on hand Inventory*360/COGS
Receivable Turnover Sales/Receivables
Days Sales Outstanding Receivables*360/Sales
Payable Turnover Sales/Payables
Number of days payable Payables*360/Sales
Fixed Asset Turnover Net Sales/Fixed Assets
Total Asset Turnover Net Sales/Total Assets
Profitability Ratios Net Profit Margin Net Profit*100/Net Sales
Gross Profit Margin Gross Profit*100/Net Sales
Operating Profit Margin Op.Profit*100/Net Sales
ROA PAT/Assets
ROE PAT/Equity
 2021 2020 2019

0.78 0.78 0.57

1.001155100301 1.061035170115 0.905128498091
0.029004251691 0.081030967647 0.031396636159
0.847499158887 0.795686744892 0.624436611962
0.4 0.35 0.23
0.943542920936 0.40788444594 0.173890091327
1.587545609341 1.039146107919 1.000498581812
2.04 1.8 3.45
129.7126269956 155.5799648506 672.64
2.775365886407 2.313922620729 0
2.93570261077 2.532583171583 3.368995694893
122.6282249024 142.1473553325 106.8567705639
2.367126556879 2.037833321501 3.250611258055
152.083123293 176.6582164506 110.7484012762
8.72348385403 8.293130653155 7.981249720645
0.808143187797 0.754811552986 0.787815838749
0.049 0.054 0.158
0.051550787118 0.095153363383 0.252373269506
0.124 0.121 0.222
0.02303635634 0.056488592852 0.164908029519
0.151057241205 0.276480313635 0.439095062967
 Ratios Formulae
Liquidity Ratios Current Ratio Current Assets/Current Liabilites
Quick Ratio Current Assets-Inventory/Current Liabilities
Cash Ratio Cash and Cash Equivalents/Current Liabilities
Solvency Ratios Debt to Assets Total Debt/Total Assets
Debt to Equity Total Debt/Total Equity
Long term Debt to Equity Long Term Debt/Total Equity
Financial Leverage EBIT/EBT
Interest Coverage Ratio EBIT/Interest
Activity Ratios Inventory Turnover COGS/Inventory
Days of inventory on hand Inventory*360/COGS
Receivable Turnover Sales/Receivables
Days Sales Outstanding Receivables*360/Sales
Payable Turnover Sales/Payables
Number of days payable Payables*360/Sales
Fixed Asset Turnover Net Sales/Fixed Assets
Total Asset Turnover Net Sales/Total Assets
Profitability Ratios Net Profit Margin Net Profit*100/Net Sales
Gross Profit Margin Gross Profit*100/Net Sales
Operating Profit Margin Op.Profit*100/Net Sales
ROA PAT/Assets
ROE PAT/Equity
ROCE
 2021 2020 2019
6.290395439283 6.9954665968381 7.365
6.290395439283 6.9954665968381 7.365
0.5663091528372 0.664135380184 0.689
0.1060727620576 0.109551566809 0.107
0.1187222891384 0.1230421277042 0.1205
0.0036091575898 0.0234277900958 0.02127
1.003307539335 1.0022919013988 0.95125278065125
72.503350707372 143.02901960784 1259.53939393939
109.414 229.945 376.083
115.898 118.515 124.367
2.4297229652685 2.7888593718988 3.53574546512756
144.09486383847 124.7434995371 101.813474991583
12.013221292834 12.282343603435 17.4788578901482
29.96698314504 29.310367110991 20.5963113987505
5.3260475767312 5.3886162904809 5.86043350531285
0.4007094660619 0.5389588801677 0.6469556546601
45% 38% 36%
0.156 0.155 0.160
69.345 61.84975532337 65.5271657127181
0.1954837432242 0.2171764825082 0.23132377713095
0.2187958250048 0.243920349781 0.25921231768371
27.01 31.32 38
 Ratios Formulae
Liquidity Ratios Current Ratio Current Assets/Current Liabilites
Quick Ratio Current Assets-Inventory/Current Liabilities
Cash Ratio Cash and Cash Equivalents/Current Liabilities
Solvency Ratios Debt to Assets Total Debt/Total Assets
Debt to Equity Total Debt/Total Equity
Long term Debt to Equity Long Term Debt/Total Equity
Financial Leverage EBIT/EBT
Interest Coverage Ratio EBIT/Interest
Activity Ratios Inventory Turnover COGS/Inventory
Days of inventory on hand Inventory*360/COGS
Receivable Turnover Sales/Receivables
Days Sales Outstanding Receivables*360/Sales
Payable Turnover Sales/Payables
Number of days payable Payables*360/Sales
Fixed Asset Turnover Net Sales/Fixed Assets
Total Asset Turnover Net Sales/Total Assets
Profitability Ratios Net Profit Margin Net Profit*100/Net Sales
Gross Profit Margin Gross Profit*100/Net Sales
Operating Profit Margin Op.Profit*100/Net Sales
ROA PAT/Assets
ROE PAT/Equity
 2021 2020 2019

4.198060778054 3.942770498814 2.81

2.129596783729 2.079040472765 1.13
0.413267115999 0.214960538082 0.299
0.211503506596 0.246641863162 0.367537330598
0.268236458076 0.327389923997 0.446935624622
0.017224833045 0.052443104683 0.098218880759
1.100828289264 1.297291644881 1.008954610803
33.87072243346 11.77338129496 21.38473520249
0.25583934851 0.232445067789 1.488507985976
355.968 295.5026269702 282.9937228392
4.030588114333 3.952597951705 4.34163292109
89.31699042128 91.07933678017 82.91811089124
5.607423830639 5.00714158186 5
64.2006045687 71.89730789802 67.59500371822
13.49681528662 12.37825511255 13.73619734855
0.611629884466 0.677546385775 0.632908064641
10.11568434881 6.235217210436 19.14628484863
17.63070290678 14.77387531943 29.97898697681
25.09980485441 26.58940987698 33.96535294549
0.061870548496 0.042246488855 0.121178380886
0.078466485283 0.05607756363 0.175337316238
Analysis

Network 18

1 There is a year-on-year increase in D/A ratio. This might imply that the company has highe
2 The net profit increased from -3 percent in 2019 to 11 percent in 2021. This means that the
3 An ROA that rises over time indicates the company is doing a good job of increasing its pro
4 A rising ROE suggests that a company is increasing its profit generation without needing a
5 Constant increase in Op. Profit means that the sales is also increasing and the compny is c
6 There is a year-on-year increase in D/E ratio. THis means that the firm can easily service it
A high D/E ratio is also associated with high risk; it means that a company has been aggre

NDTV
1 Interest coverage Ratio has increased from -2 percent to 3.5 percent. It represents how m
2 Year on year decrease in ROA is observed. Lower the ratio, safer the company. So, it can

ZEE
1 The higher the current ratio over the years, the more capable a company is of paying its ob
2 A higher cash ratio means that the company is more liquid and can more easily fund its deb
3 The D/E ratio is decreasing, which indicates a lower amount of financing by debt via lender
4 Increasing payable turnover means that the company managing its debts and cash flow eff
5 ROA dip in 2020, but rose again a little in 2021, but lower ROA means a company has mad
6 Same case was with ROE, Dip in 2020, rose again 2021 in 2021. Declining ROE suggests

Dish TV
1 Increase in per unit cost of consumer premises equipment dueto adoption of Andriod box a
2 EBITDA has improved and have reduced the debts. This resulted in lower finance cost. Imp
3 Debt equity ratio has improved on account of repayment of debt during the year. Overall bo
4 DEbtor turnover is higher due to efficiency in collection and constant monitoring and follow
5 Inventory turnover is lower due to to stocking of material in anticiption of higher sale in the
6 Interest coverage ratio is higher due to higher cash availability and lower outstanding debt.
7 Debt equity ratio has improved due to account of repayment of debt during the year

Sun Tv
1 There is a year-on-year increase in D/A ratio. This might imply that the company has highe
2 Debt equity ratio has improved on account of repayment of debt during the year.
ly that the company has higher default risk.
nt in 2021. This means that the company's business is growing
a good job of increasing its profits with each investment dollar it spends. ANd the company's ROA has been increasing steadily.
generation without needing as much capital. It also indicates how well a company's management deploys shareholder capital.And the com
ncreasing and the compny is controlling costs.
at the firm can easily service its debt obligations (through cash flow) and is using the leverage to increase equity returns.
at a company has been aggressive in financing its growth with debt.

percent. It represents how many times the company can pay its obligations using its earnings. So, higher value represents tht the compan
safer the company. So, it can be understood that the company is a bit safer.

e a company is of paying its obligations because it has a larger proportion of short-term asset value relative to the value of its short-term liab
nd can more easily fund its debt.
of financing by debt via lenders, versus funding through equity via shareholders.
ging its debts and cash flow effectively, as the plenty of cash is available to payoff its short term debt
OA means a company has made bad investments, is spending too much money and may be headed for trouble.
021. Declining ROE suggests the company is becoming less efficient at creating profits and increasing shareholder value.

ueto adoption of Andriod box and HD box resulted in higher cost of year end inventory. Also, the average inventory reduced due to lower pu
ulted in lower finance cost. Improved EBITDA and reduced finance cost has resulted in improved interest coverage ratio.
ebt during the year. Overall borrowings were Rs. 8098 million at the end of fiscal 2021 as compared to Rs, 17844 million at the close of fisc
onstant monitoring and follow of the duties.
nticiption of higher sale in the new NTO regime.
ty and lower outstanding debt.
of debt during the year

ly that the company has higher default risk.

ebt during the year.
ncreasing steadily.
hareholder capital.And the company's ROE has also been increasing steadily

uity returns.

lue represents tht the company is performing well.

the value of its short-term liabilities.

holder value.

entory reduced due to lower purchases during the year as compared to previous year by around Rs 176 lac which resulted in the higher turn
erage ratio.
7844 million at the close of fiscal 2020.
hich resulted in the higher turnover ratio.