# Media & Entertainment Sector > Digital ad spend migration and OTT subscriber growth are reshaping revenue models from linear broadcasting to platform economics. ## Overview Market Cap: ₹2,33,302 Cr Avg P/E: 64.5 Avg ROE: -5.3% Avg ROCE: 9.2% 1Y Return: +4.90% Companies: 122 ## Data Freshness Sector Updated: 2026-05-22T07:41:16.225Z Updated By: daily market-close sync and live stock-data refresh ## Companies - Info Edge (India) Ltd (NAUKRI): ₹960.95 | PE 44.35 | MCap ₹59,721 Cr - Sun TV Network Ltd (SUNTV): ₹486.7 | PE 12.96 | MCap ₹20,475 Cr - Affle 3I Ltd (AFFLE): ₹1431.2 | PE 44.96 | MCap ₹20,453 Cr - Prime Focus Ltd (PFOCUS): ₹242.65 | PE 0 | MCap ₹18,263 Cr - IndiaMART InterMESH Ltd (INDIAMART): ₹2030 | PE 24.72 | MCap ₹11,716 Cr - Nazara Technologies Ltd (NAZARA): ₹283.5 | PE 10.99 | MCap ₹11,075 Cr - PVR Inox Ltd (PVRINOX): ₹979.8 | PE 56.06 | MCap ₹9,898 Cr - Tips Music Ltd (TIPSMUSIC): ₹681.05 | PE 37.83 | MCap ₹8,192 Cr - Zee Entertainment Enterprises Ltd (ZEEL): ₹82.13 | PE 14.38 | MCap ₹8,123 Cr - Saregama India Ltd (SAREGAMA): ₹402.3 | PE 36.57 | MCap ₹7,532 Cr - Network 18 Media & Investments Ltd (NETWORK18): ₹31.82 | PE 31.72 | MCap ₹4,850 Cr - Just Dial Ltd (JUSTDIAL): ₹520.15 | PE 8.87 | MCap ₹4,407 Cr - D. B. Corp Ltd (DBCORP): ₹206.13 | PE 11.58 | MCap ₹3,731 Cr - Colab Platforms Ltd (COLAB): ₹156.65 | PE 223.79 | MCap ₹3,196 Cr - Navneet Education Ltd (NAVNETEDUL): ₹143.03 | PE 9.42 | MCap ₹3,122 Cr - MPS Ltd (MPSLTD): ₹1780.9 | PE 17.69 | MCap ₹3,065 Cr - City Pulse Multiventures Ltd (CPML): ₹2317.6 | PE 1252.76 | MCap ₹2,471 Cr - Imagicaaworld Entertainment Ltd (IMAGICAA): ₹42.92 | PE 160.74 | MCap ₹2,456 Cr - Brightcom Group Ltd (BCG): ₹10.58 | PE 2.15 | MCap ₹1,883 Cr - Hathway Cable & Datacom Ltd (HATHWAY): ₹10.14 | PE 22.3 | MCap ₹1,816 Cr - Media Matrix Worldwide Ltd (MMWL): ₹13.7 | PE 295 | MCap ₹1,671 Cr - Signpost India Ltd (SIGNPOST): ₹290.25 | PE 29.85 | MCap ₹1,497 Cr - Jagran Prakashan Ltd (JAGRAN): ₹68.92 | PE 8.9 | MCap ₹1,463 Cr - Aqylon Nexus Ltd (AQYLON): ₹59.48 | PE 244.22 | MCap ₹1,425 Cr - Den Networks Ltd (DEN): ₹26.95 | PE 7.53 | MCap ₹1,250 Cr - Balaji Telefilms Ltd (BALAJITELE): ₹91.71 | PE 16.66 | MCap ₹1,239 Cr - Panorama Studios International Ltd (PANORAMA): ₹39.1 | PE 24.51 | MCap ₹958 Cr - JOJO Ltd (JOJO): ₹251.55 | PE 175.34 | MCap ₹883 Cr - New Delhi Television Ltd (NDTV): ₹76.72 | PE 0 | MCap ₹881 Cr - Matrimony.com Ltd (MATRIMONY): ₹422.75 | PE 27.75 | MCap ₹869 Cr - Bright Outdoor Media Ltd (BRIGHT): ₹365.95 | PE 45.23 | MCap ₹799 Cr - GTPL Hathway Ltd (GTPL): ₹67.32 | PE 48.07 | MCap ₹757 Cr - Sandesh Ltd (SANDESH): ₹996.1 | PE 6.91 | MCap ₹757 Cr - Exhicon Events Media Solutions Ltd (EXHICON): ₹507.45 | PE 26.39 | MCap ₹749 Cr - TV Today Network Ltd (TVTODAY): ₹110.13 | PE 39.67 | MCap ₹686 Cr - Praveg Ltd (PRAVEG): ₹254.55 | PE 0 | MCap ₹680 Cr - Dish TV India Ltd (DISHTV): ₹3.45 | PE 0 | MCap ₹621 Cr - Vashu Bhagnani Industries Ltd (POOJAENT): ₹86.15 | PE 190.45 | MCap ₹597 Cr - S Chand and Company Ltd (SCHAND): ₹170.97 | PE 12.3 | MCap ₹593 Cr - Maagh Advertising and Marketing Services Ltd (MAAGHADV): ₹25.42 | PE 0 | MCap ₹572 Cr - Entertainment Network (India) Ltd (ENIL): ₹109.84 | PE 47.14 | MCap ₹551 Cr - Zee Media Corporation Ltd (ZEEMEDIA): ₹7.86 | PE 0 | MCap ₹503 Cr - HT Media Ltd (HTMEDIA): ₹20.75 | PE 2111 | MCap ₹488 Cr - Hindustan Media Ventures Ltd (HMVL): ₹63.48 | PE 7.02 | MCap ₹467 Cr - R K Swamy Ltd (RKSWAMY): ₹97.86 | PE 24.62 | MCap ₹456 Cr - NDL Ventures Ltd (NDLVENTURE): ₹129.24 | PE 463.08 | MCap ₹405 Cr - UFO Moviez India Ltd (UFO): ₹73.44 | PE 14.79 | MCap ₹291 Cr - Shemaroo Entertainment Ltd (SHEMAROO): ₹103.27 | PE 0 | MCap ₹272 Cr - Adcounty Media India Ltd (ADCOUNTY): ₹120.55 | PE 15.36 | MCap ₹271 Cr - Cineline India Ltd (CINELINE): ₹79.47 | PE 0 | MCap ₹268 Cr - Gradiente Infotainment Ltd (GRADIENTE): ₹5.11 | PE 0 | MCap ₹230 Cr - Diksat Transworld Ltd (DIKSAT): ₹125.1 | PE 379.09 | MCap ₹219 Cr - Music Broadcast Ltd (RADIOCITY): ₹6.1 | PE 0 | MCap ₹209 Cr - Landmarc Leisure Corporation Ltd (LANDMARC): ₹1.95 | PE 0 | MCap ₹191 Cr - 7Seas Entertainment Ltd (7SEASL): ₹80.13 | PE 82.61 | MCap ₹185 Cr - Quint Digital Ltd (QUINT): ₹40 | PE 4.31 | MCap ₹178 Cr - Tips Films Ltd (TIPSFILMS): ₹378 | PE 0 | MCap ₹159 Cr - Digicontent Ltd (DGCONTENT): ₹27.06 | PE 26.02 | MCap ₹159 Cr - Bluegod Entertainment Ltd (BLUEGOD): ₹2.26 | PE 6.55 | MCap ₹141 Cr - Sambhaav Media Ltd (SAMBHAAV): ₹7.14 | PE 0 | MCap ₹138 Cr - Mukta Arts Ltd (MUKTAARTS): ₹62.21 | PE 0 | MCap ₹125 Cr - Dachepalli Publishers Ltd (DACHEPALLI): ₹83.25 | PE 10.77 | MCap ₹125 Cr - Emiac Technologies Ltd (EMIAC): ₹100.25 | PE 29.14 | MCap ₹123 Cr - Bodhi Tree Multimedia Ltd (BTML): ₹6.69 | PE 130 | MCap ₹118 Cr - Raj Television Network Ltd (RAJTV): ₹20.57 | PE 0 | MCap ₹107 Cr - B.A.G. Films and Media Ltd (BAGFILMS): ₹5 | PE 23.09 | MCap ₹106 Cr - Cinevista Ltd (CINEVISTA): ₹15.72 | PE 0 | MCap ₹91 Cr - Chatterbox Technologies Ltd (CHTR): ₹60.71 | PE 9.7 | MCap ₹86 Cr - Odigma Consultancy Solutions Ltd (ODIGMA): ₹27.35 | PE 0 | MCap ₹84 Cr - Eros International Media Ltd (EROSMEDIA): ₹7.89 | PE 0 | MCap ₹76 Cr - Baba Arts Ltd-$ (BABA): ₹12.01 | PE 63.21 | MCap ₹63 Cr - Jupiter Infomedia Ltd (JUPITERIN): ₹62.79 | PE 0 | MCap ₹63 Cr - BLS Infotech Ltd (BLSINFOTE): ₹1.37 | PE 0 | MCap ₹60 Cr - GV Films Ltd (GVFILM): ₹0.29 | PE 0 | MCap ₹56 Cr - Toss The Coin Ltd (TTC): ₹262 | PE 32.47 | MCap ₹50 Cr - Shalimar Productions Ltd (SHALPRO): ₹0.49 | PE 0 | MCap ₹48 Cr - Orient Tradelink Ltd (ORIENTTR): ₹9.46 | PE 163.24 | MCap ₹45 Cr - Siti Networks Ltd (SITINET): ₹0.33 | PE 0 | MCap ₹43 Cr - Picturehouse Media Ltd (PICTUREHS): ₹7 | PE 11.86 | MCap ₹37 Cr - Cyber Media India Ltd (CYBERMEDIA): ₹17.9 | PE 40.65 | MCap ₹36 Cr - Diligent Media Corporation Ltd (DNAMEDIA): ₹2.99 | PE 30.1 | MCap ₹35 Cr - Innovatus Entertainment Networks Ltd (INNOVATUS): ₹14.14 | PE 16.64 | MCap ₹34 Cr - Sharpline Broadcast Ltd (SHARPLINE): ₹10.98 | PE 2.11 | MCap ₹31 Cr - Thinkink Picturez Ltd (THINKINK): ₹0.21 | PE 0 | MCap ₹31 Cr - Next Mediaworks Ltd (NEXTMEDIA): ₹4.16 | PE 0.44 | MCap ₹28 Cr - Pritish Nandy Communications Ltd (PNC): ₹18.86 | PE 0 | MCap ₹26 Cr - Crystal Business System Ltd (CRYSTAL): ₹2.48 | PE 0 | MCap ₹25 Cr - Colorchips New Media Ltd (COLORCHIPS): ₹14.16 | PE 0 | MCap ₹24 Cr - Esha Media Research Ltd (ESHAMEDIA): ₹30.05 | PE 0 | MCap ₹23 Cr - Mediaone Global Entertainment Ltd (MEDIAONE): ₹15.35 | PE 0 | MCap ₹23 Cr - TV Vision Ltd (TVVISION): ₹5.26 | PE 0 | MCap ₹21 Cr - SILLYMONKS (SILLYMONKS): ₹15.59 | PE 0 | MCap ₹17 Cr - Radaan Mediaworks India Ltd (RADAAN): ₹3.17 | PE 0 | MCap ₹17 Cr - Perfect-Octave Media Projects Ltd (OCTAVE): ₹4.19 | PE 10 | MCap ₹15 Cr - Raconteur Global Resources Ltd (RACONTEUR): ₹13.95 | PE 23.64 | MCap ₹15 Cr - Creative Eye Ltd (CREATIVEYE): ₹6.95 | PE 0 | MCap ₹14 Cr - V R Films & Studios Ltd (VRFILMS): ₹12.49 | PE 0 | MCap ₹14 Cr - Sungold Media and Entertainment Ltd (SMEL): ₹11.44 | PE 572 | MCap ₹13 Cr - Zinema Media And Entertainment Ltd (ZINEMA): ₹18.18 | PE 28.86 | MCap ₹13 Cr - DAPS Advertising Ltd (DAPS): ₹23.55 | PE 9.89 | MCap ₹12 Cr - SDC Techmedia Ltd (SDC): ₹18.05 | PE 0 | MCap ₹12 Cr - Interworld Digital Ltd-$ (INTERDIGI): ₹0.23 | PE 0 | MCap ₹11 Cr - Brandbucket Media & Technology Ltd (BRANDBUCKT): ₹4.9 | PE 17.5 | MCap ₹11 Cr - SAB Events & Governance Now Media Ltd (SABEVENTS): ₹8.41 | PE 0 | MCap ₹11 Cr - Net Pix Shorts Digital Media Ltd (NETPIX): ₹32 | PE 0 | MCap ₹10 Cr - Encash Entertainment Ltd (ENCASH): ₹26.18 | PE 0 | MCap ₹10 Cr - Vision Cinemas Ltd (VISIONCINE): ₹1.21 | PE 0 | MCap ₹9 Cr - Hathway Bhawani Cabletel & Datacom Ltd (HATHWAYB): ₹12.75 | PE 0 | MCap ₹9 Cr - Unistar Multimedia Ltd (UNISTRMU): ₹3.33 | PE 0 | MCap ₹8 Cr - BGIL Films & Technologies Ltd (BGIL): ₹7.29 | PE 0 | MCap ₹8 Cr - Padmalaya Telefilms Ltd (PADMALAYAT): ₹4.1 | PE 0 | MCap ₹7 Cr - Filmcity Media Ltd (FILME): ₹2.16 | PE 0 | MCap ₹7 Cr - Universal Arts Ltd (UNIVARTS): ₹5.69 | PE 43.77 | MCap ₹6 Cr - Vision Corporation Ltd (VISIONCO): ₹2.91 | PE 0 | MCap ₹6 Cr - Ortel Communications Ltd (ORTEL): ₹1.6 | PE 0 | MCap ₹5 Cr - Encode Packaging India Ltd (ENCODE): ₹11.8 | PE 0 | MCap ₹4 Cr - Shantanu Sheorey Aquakult Ltd (SHAQUAK): ₹1.2 | PE 0 | MCap ₹4 Cr - Navoday Enterprises Ltd (NAVODAYENT): ₹5.69 | PE 1.67 | MCap ₹4 Cr - Purple Agrotech Industries Ltd (PURPLE): ₹4.81 | PE 22.9 | MCap ₹4 Cr - Sea TV Network Ltd (SEATV): ₹3.7 | PE 6.49 | MCap ₹4 Cr - Khyati Multimedia Entertainment Ltd (KHYATI): ₹3.34 | PE 160 | MCap ₹3 Cr - Revati Media Ltd (REVAMEDIA): ₹11.07 | PE 0 | MCap ₹3 Cr ## Analysis India's media and entertainment industry is valued at over $25 billion, driven by digital transformation. OTT platforms have crossed 500 million subscribers collectively, with ARPU steadily rising. Digital advertising now accounts for over 50% of total ad spend, surpassing television. Theatrical exhibition is recovering post-COVID with multiplex operators benefiting from premiumization. Print media faces structural headwinds but niche publications maintain relevance. Gaming is emerging as a high-growth vertical with India ranking among the top 5 markets globally. Key metrics: ARPU, subscriber growth, ad revenue per viewer, and content cost ratios. The sector offers growth optionality but carries execution risk on content investments. --- Source: rupiya.io/sectors/media-entertainment Disclaimer: For research and education only. Not investment advice.