Music Broadcast

Who are in the management team of Music Broadcast?

As of March 2023, the management team of Music Broadcast includes Vijay Tandon (Chairman), Rahul Gupta, Anuj Puri, Madhukar Prabhakar Kamath, Shailesh Gupta, Anita Nayyar, Arpita Kapoor (Company Secretary), and Ravi Sardana, featuring a mix of independent and non-independent directors. Their remuneration varies, with some directors receiving no payment.

As of March 2023, the management team of Music Broadcast includes the following individuals:<BR><BR>1. Vijay Tandon - Chairman & Independent Director (Remuneration: Rs. 2.4 lacs)<BR>2. Rahul Gupta - Non-Executive & Non-Independent Director (Remuneration: Rs. 0)<BR>3. Anuj Puri - Independent Director (Remuneration: Rs. 1.8 lacs)<BR>4. Madhukar Prabhakar Kamath - Independent Director (Remuneration: Rs. 3.0 lacs)<BR>5. Shailesh Gupta - Non-Executive & Non-Independent Director (Remuneration: Rs. 0)<BR>6. Anita Nayyar - Independent Director (Remuneration: Rs. 2.5 lacs)<BR>7. Arpita Kapoor - Company Secretary & Compliance Officer (Remuneration: Rs. 0)<BR>8. Ravi Sardana - Independent Director (Remuneration: Rs. 1.5 lacs)<BR><BR>This team comprises a mix of independent and non-independent directors, along with a compliance officer.

What does Music Broadcast do?

Music Broadcast Ltd operates Private FM radio stations under the 'Radio City' brand and reported net sales of 55 Cr and a net loss of 38 Cr for the quarter ending March 2025, with a market cap of Rs 322 Cr. The company has a low debt equity ratio of 0.06 and a negative return on equity of -6.36%.

Overview:<BR>Music Broadcast Ltd operates Private FM radio stations under the brand 'Radio City' and belongs to the Media & Entertainment industry within the Micro Cap market-cap bracket.<BR><BR>History:<BR>Music Broadcast Limited was incorporated as Music Broadcast Private Limited in 1999 and later converted to a Public Limited Company in 2015. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 55 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: -38 Cr (Quarterly Results - Mar 2025)<BR>- Market cap: Rs 322 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: N/A<BR>- Industry P/E: 16<BR>- Dividend Yield: 0.00%<BR>- Debt Equity: 0.06<BR>- Return on Equity: -6.36%<BR>- Price to Book: 0.61<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

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

Who are the peers of the Music Broadcast?

Peers of Music Broadcast include Sun TV Network, Zee Entertainment, Nazara Technologies, Saregama India, PVR Inox, and others. Music Broadcast has below-average management risk and a good capital structure, with a 1-year return of -41.27%.

Peers: The peers of Music Broadcast are Sun TV Network, Zee Entertainmen, Nazara Technolo., Saregama India, PVR Inox, Cineline India, Shemaroo Entert., Quint Digital, UFO Moviez, and Digicontent.<BR><BR>Quality Snapshot: Excellent management risk is observed at Sun TV Network, Saregama India, and the rest. Average management risk is found at Zee Entertainmen, Nazara Technolo., PVR Inox, UFO Moviez, and the rest. Below Average management risk is present at Music Broadcast, Cineline India, Shemaroo Entert., Quint Digital, and the rest. Growth is rated as Good for Nazara Technolo. and Saregama India, while Below Average growth is seen at Sun TV Network, Zee Entertainmen, PVR Inox, Music Broadcast, Cineline India, Shemaroo Entert., Quint Digital, and the rest. Excellent capital structure is noted for Sun TV Network, Zee Entertainmen, Nazara Technolo., Saregama India, and the rest, while Good capital structure is seen at Music Broadcast, and Below Average capital structure is present at PVR Inox, Cineline India, Shemaroo Entert., Quint Digital, and the rest.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Nazara Technolo. at 61.65%, while the lowest is UFO Moviez at -42.47%. Music Broadcast's own 1-year return is -41.27%, which is better than UFO Moviez but worse than Nazara Technolo. Additionally, peers with negative six-month returns include PVR Inox, Shemaroo Entert., Quint Digital, UFO Moviez, and Digicontent.

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.

When is the next results date for Music Broadcast?

The next results date for Music Broadcast is 24 July 2025.

The next results date for Music Broadcast is scheduled for 24 July 2025.

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.

How big is Music Broadcast?

As of 24th July, Music Broadcast Ltd has a market capitalization of 314.00 Cr and reported Net Sales of 234.48 Cr, with a Net Profit loss of 33.84 Cr over the latest four quarters.

As of 24th July, Music Broadcast Ltd has a market capitalization of 314.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Music Broadcast reported Net Sales of 234.48 Cr. However, it experienced a loss of 33.84 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2015, with Shareholder's Funds amounting to 57.17 Cr and Total Assets valued at 393.42 Cr.

Should I buy, sell or hold Music Broadcast?

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.

Are Music Broadcast latest results good or bad?

Music Broadcast's latest results are concerning, showing a net loss of ₹6.88 crore in Q2 FY26, a 245.70% decline year-over-year, and a 30.99% drop in revenue to ₹37.84 crore, indicating significant operational challenges and a critical business crisis.

The latest results for Music Broadcast indicate a troubling performance. In Q2 FY26, the company reported a net loss of ₹6.88 crore, which marks a significant decline of 245.70% year-over-year. Revenue also fell sharply, down 30.99% from the previous year, totaling ₹37.84 crore, which is the lowest quarterly revenue recorded.<BR><BR>The operating margin is deeply negative at -14.51%, reflecting substantial losses from core operations. Additionally, the return on equity is a mere 0.39%, indicating near-zero value creation for shareholders. The company's five-year operating profit growth has been catastrophic, with a decline of 217.08%, highlighting severe operational challenges.<BR><BR>Overall, these results suggest that Music Broadcast is facing a critical business crisis, struggling to adapt to the changing media landscape, particularly with the rise of digital audio platforms. The financial metrics point to a company in distress, making the latest results decidedly negative.

Why is Music Broadcast Ltd falling/rising?

As of 18-Jan, Music Broadcast Ltd's stock price is Rs 6.26, down 5.44%, with a significant 1-year return of -48.01%. The company faces financial difficulties, including operating losses for three quarters, poor debt servicing ability, and declining investor interest, indicating a bearish trend and making it a strong sell.

As of 18-Jan, Music Broadcast Ltd's stock price is falling, currently at Rs 6.26, which reflects a decrease of Rs 0.36 or 5.44%. The stock has underperformed significantly against the benchmark, with a 1-year return of -48.01% compared to the Sensex's gain of 8.47%. Over the past three years, the stock has consistently underperformed, with a decline of 63.28% while the benchmark rose by 39.07%.<BR><BR>The company's financial health is concerning, as it has reported operating losses for the last three consecutive quarters, leading to a weak long-term fundamental strength. The company's ability to service its debt is poor, indicated by an average EBIT to Interest ratio of -4.12. Additionally, the reported losses have resulted in a negative return on capital employed (ROCE) and a negative EBITDA, which further highlights the company's financial struggles.<BR><BR>Investor participation has also declined, with delivery volume falling by 25.69% against the 5-day average, indicating reduced interest from investors. The stock is trading below its moving averages across various time frames, suggesting a bearish trend. Furthermore, it is close to its 52-week low, being only 4.15% away from that point. All these factors contribute to the stock's decline, making it a strong sell in the current market environment.

Which are the latest news on Music Broadcast?