Top Media Stocks Compared: Sun TV vs Zee Entertainment vs PVR INOX vs Saregama vs TV Today Network on Price, Valuation, Q2 FY27 Results and Risks

Previous close: Sun TV Rs 600.85, Zee Entertainment Rs 68.42, PVR INOX Rs 1,596.60, Saregama Rs 633.30, TV Today Network Rs 102.56.

Media stocks compared here means Sun TV, Zee Entertainment, PVR INOX, Saregama and TV Today Network on one page, checked on previous close, market value, valuation and the latest quarterly numbers. The group mixes a south India television network, a national entertainment broadcaster, a multiplex chain, a music label and a news broadcaster, so a side-by-side look shows how differently each one earns.

All five media companies have filed their September 2026 quarter, so every result below is Q2 FY27. Media earnings follow advertising spending and consumer demand for entertainment, so a glance at the BSE 500 page and the Sensex page before you read the tables gives useful backdrop.

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Media Stocks Compared: Five Different Content Businesses

The media stocks compared here are Sun TV, Zee Entertainment, PVR INOX, Saregama and TV Today Network. Sun TV is the largest by market capitalisation at Rs 24,023 crore. Previous closes run from Rs 68.42 for Zee Entertainment to Rs 1,596.60 for PVR INOX, which is why a side-by-side look at value rather than price is more useful. This media stocks compared list is the base for every table that follows.

Stock	Previous close (Rs)	Market cap (Rs crore)
Sun TV	600.85	24,023
Zee Entertainment	68.42	6,702
PVR INOX	1,596.60	15,610
Saregama	633.30	12,483
TV Today Network	102.56	622

A quick look at the business behind each ticker puts the numbers in context. Sun TV runs television channels, radio stations and a streaming service, mainly in south India, while Zee Entertainment runs general entertainment and movie channels along with a streaming service. PVR INOX runs the largest multiplex chain in the country, and Saregama owns a large music catalogue and also runs a video content and devices business. To compare media stocks properly, line up price to earnings, dividend yield and return on equity before forming a view.

Rounding out the group, TV Today Network runs Hindi and English news channels, including Aaj Tak. A fair media stock comparison looks at what each company actually earns from, not only at the share price. Broadcasters, cinemas and music labels belong in separate mental boxes whenever you compare media stocks fairly.

Media Stocks Valuation: Multiples, Returns and Payouts

Sun TV trades at the lowest price to earnings ratio in this group at 15.59. Saregama reports the highest return on equity at 13.34%. Zee Entertainment has the lowest price to book value at 0.54. These media stocks valuation readings come from the previous close and the latest reported financials. That is the idea behind this media stocks compared table: price to earnings and dividend yield sit side by side so a high or low reading stands out at once.

Stock	Price to earnings	Price to book	ROE (%)	Dividend yield (%)	Debt to equity
Sun TV	15.59	1.79	11.44	2.05	0.01
Zee Entertainment	39.20	0.54	1.38	2.87	0.01
PVR INOX	25.96	2.11	6.42		0.85
Saregama	51.71	7.30	13.34	0.70	0.01
TV Today Network	23.12	0.69	3.23		0.03

Media stocks range from modest price to earnings multiples for broadcasters with large cash balances to premium multiples for companies with fast-growing content libraries. Dividend yield and price to book add a view on payouts and asset value. Earnings per share and book value per share are the building blocks behind price to earnings and price to book, so a glance at both in each filing is time well spent. A simple media stock comparison like this one is only as useful as the context behind it, which is why return on equity is worth checking as well.

In this group, price to earnings runs from 15.59 for Sun TV to 51.71 for Saregama. Zee Entertainment offers the highest dividend yield at 2.87%. Industry price to earnings readings differ by sub-sector: Sun TV, Zee Entertainment, PVR INOX and Saregama at 24.90; TV Today Network at 11.22. The industry price to earnings is a handy anchor: a media stock above it is priced for faster growth, and one below it is priced for steadier earnings. A well-built media stock comparison also notes that the film slate can move cinema results between quarters. Run the same media stock comparison on your own watchlist and the pattern in these numbers will be easier to spot.

Media Stocks Q2 FY27 Results: Revenue and Profit Check

All of the five media stocks compared have filed Q2 FY27 numbers. Saregama posted the fastest revenue growth at 32.3% year on year. PVR INOX showed the sharpest rise in net profit at 149.4%. Read revenue first and quarterly profit second, since the two together show how much of the growth reaches shareholders. Treat the Q2 FY27 numbers in this media stocks compared review as a snapshot of one quarter, not a verdict on any media company.

Stock	Q2 FY27 revenue (Rs crore)	Q2 FY26 revenue (Rs crore)	Q2 FY27 net profit (Rs crore)	Q2 FY26 net profit (Rs crore)
Sun TV	1,079	1,440	364.6	354.7
Zee Entertainment	2,247	1,996
PVR INOX	2,139	1,834	263.1	105.5
Saregama	319.5	241.5	64.2	43.8
TV Today Network	204.9	195.2

Sun TV Results Snapshot

Sun TV’s Q2 FY27 top line stood at Rs 1,079 crore. Net profit rose 2.8% to Rs 364.6 crore from Rs 354.7 crore. Net profit margin improved to 38.7% from 27.3%. Earnings per share for the quarter rose to Rs 9.25 from Rs 9.00.

Zee Entertainment Results Snapshot

Zee Entertainment reported Q2 FY27 revenue of Rs 2,247 crore, compared with Rs 1,996 crore a year earlier, a rise of 12.6%.

PVR INOX Results Snapshot

In the September 2026 quarter, PVR INOX booked revenue of Rs 2,139 crore against Rs 1,834 crore in the same quarter last year, a rise of 16.6%. Net profit rose 149.4% to Rs 263.1 crore from Rs 105.5 crore. Operating margin expanded to 38.1% from 35.9% a year ago. Earnings per share for the quarter rose to Rs 26.74 from Rs 10.73.

Saregama Results Snapshot

Saregama’s Q2 FY27 top line stood at Rs 319.5 crore, versus Rs 241.5 crore in Q2 FY26, a rise of 32.3%. Net profit rose 46.4% to Rs 64.2 crore from Rs 43.8 crore. Operating margin expanded to 35.4% from 34.9% a year ago. Earnings per share for the quarter rose to Rs 3.36 from Rs 2.28.

TV Today Network Results Snapshot

TV Today Network reported Q2 FY27 revenue of Rs 204.9 crore, compared with Rs 195.2 crore a year earlier, a rise of 5.0%. Net profit for the quarter was Rs 7.8 crore.

Media results depend on advertising spending, subscription income and content costs, and for cinemas on the film slate, so profit can look different from revenue in a single quarter. That is why a media stock comparison works best when revenue and profit are read together across two or three quarters. Used this way, a media stocks compared review becomes a map of the sector rather than a price list. When you compare media stocks after each result season, track how return on equity changes from one quarter to the next. A media stock comparison built on one quarter of data is a starting point, and the next set of results will update it.

Media Stocks Compared Two at a Time: Three Pairings

Readers rarely want a five-way table and nothing else, so here are three head-to-head reads drawn from the same data. Use them as a quick way to compare media stocks two at a time.

Sun TV vs Zee Entertainment

Sun TV and Zee Entertainment are two of the biggest television broadcasters, with Sun TV strongest in south India and Zee spread across many languages. Sun TV is about 3.6 times the size of Zee Entertainment by market capitalisation, at Rs 24,023 crore against Rs 6,702 crore. Sun TV reports the higher return on equity, at 11.44% against 1.38% for Zee Entertainment. For dividend income, Zee Entertainment offers 2.87% against 2.05% at Sun TV. Both earn from advertising and subscriptions, so read payouts next to valuation before you judge either multiple.

PVR INOX vs Saregama

PVR INOX runs cinemas and Saregama owns music rights, so the pair shows how film and music businesses earn differently. PVR INOX is about 1.3 times the size of Saregama by market capitalisation, at Rs 15,610 crore against Rs 12,483 crore. On price to earnings, PVR INOX carries the lower multiple at 25.96 against 51.71 for Saregama. Saregama reports the higher return on equity, at 13.34% against 6.42% for PVR INOX. A box-office-linked business and a catalogue-led business behave differently, so read the business model before you read the ratio.

TV Today Network vs Sun TV

TV Today Network is a news broadcaster, while Sun TV is a general entertainment network, so the two draw on different kinds of viewers and advertisers. Sun TV is about 38.6 times the size of TV Today Network by market capitalisation, at Rs 24,023 crore against Rs 622.0 crore. On price to earnings, Sun TV carries the lower multiple at 15.59 against 23.12 for TV Today Network. Sun TV reports the higher return on equity, at 11.44% against 3.23% for TV Today Network. A news-led and an entertainment-led broadcaster are priced differently, so read returns next to valuation before you judge either multiple.

Best Media Stocks for Each Type of Investor

Searching for the best media stocks usually means different things to different readers. The table below shows who leads on each measure today, so you can pick the row that matches your goal. Any media stocks compared table can mislead if you stop at one row, because each media company leads on a different measure.

If you care most about	Start your research with	The number
Lowest price to earnings	Sun TV	15.59
Highest return on equity	Saregama	13.34%
Highest dividend yield	Zee Entertainment	2.87%
Lowest price to book value	Zee Entertainment	0.54
Largest by market capitalisation	Sun TV	Rs 24,023 crore
Fastest Q2 FY27 revenue growth	Saregama	32.3%
Sharpest Q2 FY27 net profit rise	PVR INOX	149.4%

No single name tops every row, which is exactly why a media stock comparison helps. Scale, returns, payouts and valuation each point to a different company, so decide what matters most to you before you rank the numbers.

What Is Driving Media and Entertainment Right Now?

Advertising spending, streaming subscriptions and growing demand for regional content keep revenue moving for broadcasters and content owners. Cinemas gain when big films draw people back to theatres, while music labels earn from streaming and licensing. Knowing what moves advertising spending and content costs helps you compare media stocks with the right questions in mind.

Advertising income, subscription revenue and content costs decide profit for broadcasters, while the film slate and ticket prices drive cinemas. Companies with large content libraries can earn from them for years. A good media stocks compared routine therefore tracks advertising income, subscriptions, content costs and the film slate.

Risks to Weigh When You Compare Media Stocks

Media stocks depend on advertising cycles, content costs, the film slate and changing viewing habits as audiences move to streaming. Read each filing for advertising, subscriber and content cost commentary before you compare them. Every media stock comparison has blind spots, and for this group the biggest is advertising spending and content costs.

Because advertising income, subscriptions, content costs and the film slate drive these businesses, the most useful habit is to read the management commentary that comes with every result and note what is expected for the next quarter. Read together, the risk notes and the tables make this media stocks compared guide a balanced starting point.

How to Compare Media Stocks and Build a Shortlist

Start by deciding whether you want a broadcaster, a cinema chain, a music catalogue or a news network, because each responds to different triggers. Broadcasters reward readers who track advertising and payouts, while cinemas and music labels reward those who track content and footfall. Done step by step, this media stocks compared routine becomes repeatable rather than a one-off exercise.

Then check valuation and payouts, because dividend yield differs widely across the group. Spreading your attention across one broadcaster and one content owner is a simple way to see both sides of the sector. Keep the shortlist of best media stocks short enough that you can actually follow each company’s quarterly results. When you compare media stocks again after new results, update only the rows that changed instead of starting over.

The Univest stock screener lets you filter media stocks by market capitalisation, return on equity and price to earnings, and the app keeps live prices a tap away through the trading day. Come back to this media stocks compared page after the next set of results to see which numbers have moved.

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Conclusion: Media Stocks Compared at a Glance

This media stocks compared review on price, valuation and Q2 FY27 results shows that no single name wins every measure. Sun TV leads on size and Saregama leads on return on equity, while the others bring their own strengths. Treat the media stocks Q2 FY27 results and media stocks valuation tables as a research starting point, then check the filings and speak to a SEBI-registered advisor before you invest. If you plan to compare media stocks again next quarter, the same checklist of price to earnings, dividend yield and return on equity will work.

Frequently Asked Questions on Media Stocks Compared

Which are the top media stocks compared in this article?

Ans. The media stocks compared in this article are Sun TV, Zee Entertainment, PVR INOX, Saregama and TV Today Network. They are checked on previous close, market capitalisation, price to earnings, price to book, return on equity and the latest quarterly results, which gives you one tidy table to work from before you read any filing in detail.

Which media stock has the highest market capitalisation?

Ans. Among the five names, Sun TV has the highest market capitalisation at Rs 24,023 crore. PVR INOX follows at Rs 15,610 crore. Because market capitalisation is simply share price multiplied by shares outstanding, it shifts daily, so confirm the live number before using it.

Which of these media stocks has the lowest price to earnings ratio?

Ans. On media stocks valuation, Sun TV has the lowest price to earnings ratio among these media stocks at 15.59, based on the latest reported earnings. Saregama sits at the other end at 51.71. A low multiple can reflect slower growth or higher risk as easily as a bargain, so read it next to growth and margins.

Which media stock has the highest return on equity?

Ans. Saregama reports the highest return on equity in this group at 13.34%. The ratio measures profit earned for every rupee of shareholder money, which makes it a quick test of capital efficiency. One year can mislead, so look at several, and remember that borrowing can push the figure up.

How did media stocks perform in Q2 FY27 results?

Ans. All of the five names have filed Q2 FY27 numbers in our data. Saregama recorded the fastest revenue growth at 32.3% year on year. PVR INOX showed the sharpest net profit rise at 149.4%. For media stocks Q2 FY27 results, each filing on the exchange website carries the full detail behind these figures.

What are the main risks when you compare media stocks?

Ans. Media stocks depend on advertising cycles, content costs, the film slate and changing viewing habits as audiences move to streaming. Read each filing for advertising, subscriber and content cost commentary before you compare them. Keep an eye on advertising income, subscriptions, content costs and the film slate.

Which metrics matter most when you compare media stocks?

Ans. Advertising income, subscription revenue, content costs and operating margin matter most for operating performance, and cinemas also depend on footfall and ticket prices. Price to earnings, price to book, return on equity and dividend yield show how the market values each company. Read each company’s filing for these along with the numbers in this article.

Which is the best media stock to buy among these five?

Ans. The best media stock depends on whether you value broadcast payouts, cinema growth or a content catalogue, because the five names differ on all three. On the numbers in this article, Sun TV has the largest market capitalisation as well as the lowest price to earnings; Saregama has the highest return on equity; Zee Entertainment has the highest dividend yield. Each name wins on a different row, and this is educational content rather than advice. Build a shortlist from the tables, read the latest filings, and talk to a SEBI-registered advisor, because your own goals and risk appetite decide the right fit.