RAJTV
Raj Television Network financials
- Market cap
- ₹41 Cr
Quarterly results
Q1 FY27: revenue down 9.7%, net profit down 388.6% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 36 | 43 | 22 | 17 | 16 −56% | 16 −62% | 21 −2% | 15 −10% |
| EBITDA | 2 | 1 | -4 | 1 | 1 −28% | 1 −34% | 1 +118% | -0 −128% |
| Net profit | 0 | 0 | -4 | 0 | 0 +143% | 0 −81% | 0 +105% | -1 −389% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −80.8% 1Y
1Y: ₹42.81 on 10 Sept 2025 → ₹8.21. High ₹43.42 (18 Dec 2025), low ₹7.82 (10 Sept 2026).
Financials, as filed
Revenue fell 6.2% a year over 3 years, FY23 to FY26. Operating margin narrowed to 5.9%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹85 Cr | ₹106 Cr | ₹126 Cr | ₹70 Cr |
| Operating profit | ₹6 Cr | ₹5 Cr | ₹-20 Cr | ₹4 Cr |
| Operating margin | 6.7% | 4.5% | -15.7% | 5.9% |
| Interest | ₹3 Cr | ₹3 Cr | ₹4 Cr | ₹3 Cr |
| Depreciation | ₹2 Cr | ₹2 Cr | ₹2 Cr | ₹1 Cr |
| Net profit | ₹1 Cr | ₹1 Cr | ₹-21 Cr | ₹1 Cr |
| Net margin | 1.4% | 0.8% | -16.7% | 1.1% |
| Cash from operations | ₹31 Cr | ₹4 Cr | ₹-5 Cr | ₹8 Cr |
| Free cash flow | ₹7 Cr | ₹4 Cr | ₹-5 Cr | ₹8 Cr |
| ROCE | 3.0% | 2.1% | -12.7% | 2.6% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹26 Cr | ₹26 Cr | ₹26 Cr | ₹26 Cr | ₹26 Cr | ₹26 Cr |
| Reserves | ₹116 Cr | ₹117 Cr | ₹118 Cr | ₹119 Cr | ₹98 Cr | ₹98 Cr |
| Borrowings | ₹23 Cr | ₹24 Cr | ₹25 Cr | ₹23 Cr | ₹25 Cr | ₹21 Cr |
| Other liabilities | ₹34 Cr | ₹23 Cr | ₹33 Cr | ₹16 Cr | ₹25 Cr | ₹26 Cr |
| Total liabilities | ₹198 Cr | ₹190 Cr | ₹201 Cr | ₹183 Cr | ₹173 Cr | ₹171 Cr |
| Fixed assets | ₹104 Cr | ₹98 Cr | ₹120 Cr | ₹118 Cr | ₹117 Cr | ₹116 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹94 Cr | ₹92 Cr | ₹82 Cr | ₹65 Cr | ₹57 Cr | ₹55 Cr |
| Total assets | ₹198 Cr | ₹190 Cr | ₹201 Cr | ₹183 Cr | ₹173 Cr | ₹171 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public trimmed −0.12 pp. The shareholder count grew 9% to 9,085.
- Promoters
- 71.0%
- FIIs
- 0.0%
- Public
- 29.0%
Since Jun 2025
- Public −0.12 pp
- Promoters +0.08 pp
- FIIs +0.02 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 71.4%, Public 28.6%.Dec '23: Promoters 71.2%, Public 28.8%.Mar '24: Promoters 71.2%, Public 28.8%.Jun '24: Promoters 71.0%, Public 29.0%.Sep '24: Promoters 71.0%, FIIs 0.1%, Public 29.0%.Dec '24: Promoters 70.9%, FIIs 0.1%, Public 29.1%.Mar '25: Promoters 70.9%, Public 29.1%.Jun '25: Promoters 70.9%, Public 29.1%.Sep '25: Promoters 70.9%, FIIs 0.0%, Public 29.1%.Dec '25: Promoters 70.9%, FIIs 0.0%, Public 29.1%.Mar '26: Promoters 70.9%, FIIs 0.0%, Public 29.1%.Jun '26: Promoters 71.0%, FIIs 0.0%, Public 29.0%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- M Ravindran newly disclosed 14.06% held
- Harsha Chandrakant Shah newly disclosed 1.02% held
The same filing shows 1 holder trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Raj Television Network Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| M Ravindran | 14.06% | newly disclosed |
| Moolchand Kiran Kumar Jain | 13.76% | −6.88 pp |
| Mani Samy Pillai Raajhendhran . | 11.23% | unchanged |
| Rajarathnam M | 11.18% | unchanged |
| Raghunathan M | 10.93% | unchanged |
| Usha Rani R | 6.83% | unchanged |
| Amudha R | 6.83% | unchanged |
| Aruna R | 6.83% | unchanged |
| R Vijayalakshmi | 3.08% | unchanged |
| Hemaa Kiran Kumar Jain . | 1.75% | unchanged |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.03% | unchanged |
| Harsha Chandrakant Shah | 1.02% | newly disclosed |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Raj Television Network Limited
Guides on how to read this kind of business and the numbers that matter.