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SUNTV - Fundamental Analysis: Financial Health & Valuation

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Rating: 4.1

Last Updated Time : 04 May 26, 11:42 am

Fundamental Rating: 4.1

Stock Code SUNTV Market Cap 23,866 Cr. Current Price 606 ₹ High / Low 662 ₹
Stock P/E 14.8 Book Value 306 ₹ Dividend Yield 2.48 % ROCE 20.4 %
ROE 15.7 % Face Value 5.00 ₹ DMA 50 599 ₹ DMA 200 589 ₹
Chg in FII Hold 0.17 % Chg in DII Hold 0.27 % PAT Qtr 320 Cr. PAT Prev Qtr 350 Cr.
RSI 49.5 MACD 3.14 Volume 5,36,321 Avg Vol 1Wk 4,51,212
Low price 480 ₹ High price 662 ₹ PEG Ratio 4.80 Debt to equity 0.01
52w Index 69.0 % Qtr Profit Var -7.94 % EPS 39.0 ₹ Industry PE 20.4

📊 SUNTV (Sun TV Network Ltd.) demonstrates strong fundamentals with ROCE of 20.4% and ROE of 15.7%, supported by a very low debt-to-equity ratio (0.01). The company offers an attractive dividend yield of 2.48% and trades at a P/E of 14.8, below the industry average of 20.4, suggesting valuation comfort. However, earnings momentum has slowed with a quarterly PAT decline (-7.94%) and a high PEG ratio (4.80), indicating limited growth relative to valuation. Technicals show stability near 50 DMA (₹599) and 200 DMA (₹589), providing a balanced entry point.

💰 Ideal Entry Price Zone: ₹590 – ₹610 (aligned with DMA support and valuation comfort).

📈 Exit / Holding Strategy: Hold for 3–5 years; consider partial profit booking near ₹650–₹660 resistance. Long-term investors should monitor earnings growth closely due to slowing profit momentum.


✅ Positive

  • Strong ROCE (20.4%) and ROE (15.7%) highlight operational efficiency.
  • Dividend yield of 2.48% provides attractive income support.
  • Low debt-to-equity ratio (0.01) ensures financial stability.
  • Institutional interest with FII (+0.17%) and DII (+0.27%) increases.
  • Valuation comfort with P/E (14.8) below industry average (20.4).

⚠️ Limitation

  • PEG ratio of 4.80 suggests limited growth relative to valuation.
  • Quarterly PAT decline (-7.94%) raises concerns about earnings momentum.
  • EPS of ₹39.0 is modest compared to industry leaders.
  • RSI at 49.5 indicates neutral momentum.

📉 Company Negative News

  • Quarterly PAT dropped from ₹350 Cr to ₹320 Cr.
  • Growth metrics show slowing momentum despite strong fundamentals.

📈 Company Positive News

  • Strong ROCE and ROE highlight operational efficiency.
  • Dividend yield of 2.48% adds stability for income-focused investors.
  • Institutional investors increased holdings, signaling confidence.

🏭 Industry

  • Media and broadcasting industry benefits from rising digital consumption and advertising demand.
  • Industry PE of 20.4 suggests moderate valuation compared to SUNTV’s lower P/E of 14.8.

🔎 Conclusion

SUNTV is a fundamentally strong company with efficient ROCE and ROE, attractive dividend yield, and low leverage. Entry around ₹590–₹610 offers better risk-reward. Existing investors should hold for 3–5 years, with profit booking near resistance levels around ₹650–₹660. While valuations are fair, growth prospects appear limited, making SUNTV more suitable for stable income-focused long-term investors rather than aggressive growth seekers.

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