Music Broadcast

Which are the latest news on Music Broadcast?

Why is Music Broadcast Ltd falling/rising?

As of 05-Sep, Music Broadcast Ltd's stock price is at 6.23, reflecting a 1.11% decrease and significant underperformance compared to the Sensex. The stock has declined 26.36% over the past year and 53.26% over three years, indicating a bearish trend and decreased investor confidence.

As of 05-Sep, Music Broadcast Ltd's stock price is falling, currently at 6.23, which reflects a decrease of 0.07 or 1.11%. The stock has underperformed compared to the benchmark Sensex, which has only declined by 0.97% over the past week. Over the last month, Music Broadcast Ltd has seen a significant drop of 7.84%, while the Sensex fell by 2.44%. Year-to-date, the stock is down 8.78%, compared to a 10.21% decline in the Sensex. <BR><BR>The stock's performance over longer periods is also concerning, with a 26.36% drop over the past year and a staggering 53.26% decline over the last three years, while the Sensex has gained 16.59% in that same timeframe. Additionally, the stock is trading below its moving averages across all timeframes—5-day, 20-day, 50-day, 100-day, and 200-day—which indicates a bearish trend. <BR><BR>Investor participation has also decreased, with a delivery volume of 39.79k on September 3, which is down 52.77% compared to the 5-day average. This decline in trading activity suggests a lack of confidence among investors, contributing to the stock's downward trajectory. Overall, these factors indicate that Music Broadcast Ltd is experiencing a decline in its stock price.

Who are in the management team of Music Broadcast?

The management team of Music Broadcast includes Vijay Tandon (Chairman), Rahul Gupta, Anuj Puri, Madhukar Prabhakar Kamath, Shailesh Gupta, Anita Nayyar, Ravi Sardana (Independent Directors), and Arpita Kapoor (Company Secretary). The team features a mix of independent and non-independent directors overseeing the company's governance.

The management team of Music Broadcast includes the following individuals:<BR><BR>1. **Vijay Tandon** - Chairman & Independent Director<BR>2. **Rahul Gupta** - Non-Executive & Non-Independent Director<BR>3. **Anuj Puri** - Independent Director<BR>4. **Madhukar Prabhakar Kamath** - Independent Director<BR>5. **Shailesh Gupta** - Non-Executive & Non-Independent Director<BR>6. **Anita Nayyar** - Independent Director<BR>7. **Arpita Kapoor** - Company Secretary & Compliance Officer<BR>8. **Ravi Sardana** - Independent Director<BR><BR>This team comprises a mix of independent and non-independent directors, along with a compliance officer, contributing to the governance and oversight of the company.

What does Music Broadcast do?

Music Broadcast Ltd operates Private FM radio stations under the 'Radio City' brand and reported net sales of 45 Cr and a net profit of 9 Cr for June 2026, with a market cap of INR 223 Cr. The company is categorized as a Micro Cap in the Media & Entertainment industry.

Overview:<BR>Music Broadcast Ltd operates Private FM radio stations under the brand 'Radio City' in the Media & Entertainment industry and is categorized as a Micro Cap company.<BR><BR>History:<BR>Music Broadcast Limited was incorporated as Music Broadcast Private Limited in 1999 and converted to a Public Limited Company in 2015. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>- Net Sales: 45 Cr (Quarterly Results - Jun 2026)<BR>- Net Profit: 9 Cr (Quarterly Results - Jun 2026)<BR>- Market Cap: INR 223 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 17<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: -0.18<BR>- Return on Equity: -9.42%<BR>- Price to Book: 0.52<BR><BR>Contact Details:<BR>Address: 5th Floor RNA Corporate Park, W E Highway Kalanagar Bandra(E) Mumbai Maharashtra : 400051<BR>Tel: 91-22-66969100<BR>Email: investor@myradiocity.com<BR>Website: http://www.radiocity.in

Who are the peers of the Music Broadcast?

Peers of Music Broadcast include Shemaroo Entertainment, Cineline India, UFO Moviez, Diksat Transworld, Alan Scott Entertainment, 7Seas Entertainment, and Quint Digital. Music Broadcast has the lowest 1-year return at -21.12%, while Alan Scott Entertainment leads with 48.41%.

Peers: The peers of Music Broadcast are Shemaroo Entert., Cineline India, UFO Moviez, Diksat Transworl, Alan Scott Ente., 7Seas Enter., and Quint Digital.<BR><BR>Quality Snapshot: Below Average management risk is observed at Shemaroo Entert., Cineline India, Diksat Transworl, Alan Scott Ente., and Quint Digital, while Average management risk is found at UFO Moviez. Excellent growth is noted at Cineline India, while Good growth is seen at 7Seas Enter. and Average growth is present at UFO Moviez, with the rest showing Below Average growth. Music Broadcast and the rest have a Good capital structure, while Shemaroo Entert., Cineline India, Diksat Transworl, Alan Scott Ente., and Quint Digital have a Below Average capital structure.<BR><BR>Return Snapshot: Alan Scott Ente. has the highest 1-year return at 48.41%, while Music Broadcast has the lowest at -21.12%. This indicates that Music Broadcast's return is significantly lower than that of its peers. Additionally, UFO Moviez and Quint Digital have negative six-month returns.

How big is Music Broadcast?

As of 31st August, Music Broadcast Ltd has a market capitalization of 223.00 Cr and reported net sales of 169.65 Cr, with a net loss of 41.94 Cr in the latest four quarters. The latest balance sheet from March 2015 shows shareholder's funds of 57.17 Cr and total assets of 393.42 Cr.

As of 31st August, Music Broadcast Ltd has a market capitalization of 223.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Music Broadcast reported net sales of 169.65 Cr. However, it experienced a loss of 41.94 Cr in net profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2015, showing shareholder's funds of 57.17 Cr and total assets of 393.42 Cr.

Should I buy, sell or hold Music Broadcast Ltd?

Are Music Broadcast Ltd latest results good or bad?

Music Broadcast Ltd's latest results show a return to profitability with a net profit of ₹9.22 crore, but revenue has declined by 9.69% year-over-year, raising concerns about sustainability. While operating margins have improved, reliance on non-operating income and significant long-term stock declines suggest caution for investors.

Music Broadcast Ltd's latest results present a mixed picture. On one hand, the company has successfully returned to profitability, reporting a net profit of ₹9.22 crore for Q1 FY27, a significant turnaround from a loss of ₹2.17 crore in the same quarter last year. This improvement is largely attributed to aggressive cost management and a substantial contribution from other income, which raises concerns about the sustainability of this profit.<BR><BR>However, the revenue has declined by 9.69% year-over-year, totaling ₹44.54 crore, despite a sequential improvement of 9.19% from the previous quarter. This persistent revenue decline reflects ongoing challenges in the radio broadcasting industry, particularly as digital platforms continue to erode traditional radio's market share.<BR><BR>While the operating margin has improved to 18.41% from just 1.91% a year ago, the heavy reliance on non-operating income for profitability raises questions about the quality of earnings. Additionally, the stock has faced significant long-term declines, dropping 28.38% over the past year and 74.11% over the last five years, indicating a troubling trend for investors.<BR><BR>In summary, while the return to profitability is a positive sign, the underlying issues with revenue growth and reliance on other income suggest caution moving forward.

When is the next results date for Music Broadcast Ltd?

The next results date for Music Broadcast Ltd is 21 May 2026.

The next results date for Music Broadcast Ltd is scheduled for 21 May 2026.

How has been the historical performance of Music Broadcast?

Music Broadcast has experienced fluctuating financial performance, with net sales increasing from INR 168.43 crore in March 2022 to INR 234.48 crore in March 2025, despite a dip in 2023. However, rising expenditures have led to significant losses, with a profit after tax of -INR 33.84 crore in March 2025, down from a profit of INR 28.21 crore in March 2020.

Answer:<BR>The historical performance of Music Broadcast shows a fluctuating trend in its financial metrics over the years.<BR><BR>Breakdown:<BR>Music Broadcast's net sales have shown a gradual increase from INR 168.43 crore in March 2022 to INR 234.48 crore in March 2025, despite a drop to INR 198.86 crore in March 2023. However, total expenditure has risen significantly, reaching INR 256.77 crore in March 2025, up from INR 157.40 crore in March 2022. This increase in expenditure has led to an operating profit (PBDIT) of INR 4.57 crore in March 2025, a sharp decline from INR 73.45 crore in March 2020. The company reported a profit before tax of -INR 41.64 crore in March 2025, compared to a profit of INR 28.92 crore in March 2020. Consequently, the profit after tax also turned negative at -INR 33.84 crore in March 2025, contrasting with a profit of INR 28.21 crore in March 2020. The earnings per share (EPS) reflect this downturn, with a loss of -INR 0.98 in March 2025, compared to a profit of INR 0.82 in March 2020. Overall, the financial performance indicates a challenging period for Music Broadcast, characterized by increasing costs and declining profitability.

Who are the top shareholders of the Music Broadcast?

The top shareholders of Music Broadcast are Jagran Prakashan Limited with 74.05%, Lrsd Securities Pvt Ltd at 3.48%, and individual investors holding 21.93%. There are also three foreign institutional investors with a minimal stake of 0.01%, and no mutual funds currently own shares in the company.

The top shareholders of Music Broadcast are primarily the promoters, with Jagran Prakashan Limited holding the largest share at 74.05%. Other notable shareholders include Lrsd Securities Pvt Ltd, which holds 3.48%, and individual investors who collectively own 21.93% of the company. Additionally, there are three foreign institutional investors (FIIs) with a very small stake of 0.01%. There are no mutual funds currently holding shares in the company.

Is Music Broadcast overvalued or undervalued?

As of October 25, 2024, Music Broadcast is considered overvalued and risky, with a PE ratio of -9.45 and a year-to-date return of -23.99%, significantly underperforming compared to peers like Sun TV Network and Zee Entertainment.

As of 25 October 2024, the valuation grade for Music Broadcast has moved from expensive to risky, indicating a significant shift in its financial outlook. The company is currently assessed as overvalued. Key ratios reveal a PE ratio of -9.45, an EV to EBITDA of -15.75, and a Price to Book Value of 0.60, all of which suggest underlying financial distress.<BR><BR>In comparison to its peers, Music Broadcast's valuation stands out unfavorably; for instance, Sun TV Network has a PE ratio of 13.91, while Zee Entertainment boasts a PE of 15.91. These comparisons highlight the challenges Music Broadcast faces in the current market environment. Additionally, the company's recent stock performance has been underwhelming, with a year-to-date return of -23.99%, significantly lagging behind the Sensex's gain of 5.61%.

What is the technical trend for Music Broadcast?

As of June 5, 2025, Music Broadcast's technical trend is bearish with moderate strength, supported by bearish indicators across multiple time frames, despite some mixed signals in the MACD and KST.

As of 5 June 2025, the technical trend for Music Broadcast has changed from mildly bearish to bearish. The current stance is bearish with a moderate strength. The weekly MACD is mildly bullish, but the monthly MACD is bearish, indicating a divergence in time frames. Both the weekly and monthly Bollinger Bands are bearish, reinforcing the negative outlook. Daily moving averages are also bearish, and the KST shows a mixed signal with weekly mildly bullish and monthly bearish readings. The Dow Theory indicates a mildly bullish trend on the weekly but no trend on the monthly, adding to the uncertainty. Overall, the bearish indicators dominate, suggesting a continued downward pressure on the stock.

What is the bonus history of the Music Broadcast?

Music Broadcast has issued bonuses to shareholders, with the most recent being a 1:10 bonus on January 13, 2023, and a 1:4 bonus on March 12, 2020. This reflects the company's commitment to rewarding its shareholders.

Music Broadcast has a history of issuing bonuses to its shareholders. The most recent bonus was a 1:10 bonus issue, which was announced with an ex-date of January 13, 2023. Prior to that, the company issued a bonus on March 13, 2020, with a ratio of 1:4, and the ex-date for that was March 12, 2020. This indicates that Music Broadcast has been active in rewarding its shareholders through bonus shares in the past few years.

Has Music Broadcast declared dividend?

No Dividend History Available