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.

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 Ltd latest results good or bad?

Music Broadcast Ltd's latest results are concerning, with a net profit of -₹6.88 crore, a 30.99% decline in revenue year-on-year, and a negative operating margin of -14.51%. Overall, the company is facing significant financial distress and operational challenges.

The latest results for Music Broadcast Ltd are quite concerning. In Q2 FY26, the company reported a net profit of -₹6.88 crore, which reflects a significant decline of 245.73% year-on-year. Revenue also fell sharply by 30.99% year-on-year to ₹37.84 crore, and this marked a sequential decline of 23.28% from the previous quarter.<BR><BR>Moreover, the operating margin turned negative at -14.51%, a stark contrast to the positive margin of 5.53% in the same quarter last year. This indicates that the company is not only struggling to generate profit but is also facing severe operational challenges. The return on equity (ROE) is extremely low at just 0.64%, suggesting weak returns for shareholders.<BR><BR>Overall, the financial performance indicates that Music Broadcast is in a state of distress, with declining revenues, increasing losses, and a reliance on non-operating income to support its financials. The combination of these factors points to a troubling outlook for the company.

Should I buy, sell or hold Music Broadcast Ltd?

Which are the latest news on Music Broadcast?

Why is Music Broadcast Ltd falling/rising?

As of 07-Apr, Music Broadcast Ltd's stock price is rising to 6.30, reflecting a 9.38% increase. Despite this short-term gain, the company faces long-term challenges with negative financial performance and weak growth indicators.

As of 07-Apr, Music Broadcast Ltd's stock price is rising, currently at 6.30, with a change of 0.54 (9.38%) increase. This upward movement can be attributed to several factors. Notably, the stock has outperformed its sector by 9.34% today and has experienced a significant gain of 35.78% over the past five days, indicating strong short-term momentum. <BR><BR>In the context of recent performance, the stock has shown a remarkable weekly return of +35.48%, contrasting sharply with the Sensex's +3.71% during the same period. However, despite this recent surge, the stock has a negative year-to-date return of -7.76% and has underperformed over the past year with a decline of -30.16%. <BR><BR>While the stock is currently gaining, it is important to note that there are underlying concerns regarding the company's long-term fundamentals. The company has reported negative results for the last four consecutive quarters, including a significant drop in net sales and a negative EBITDA of Rs. -42.32 cr. Additionally, the company's ability to service its debt is weak, as indicated by a poor EBIT to Interest ratio of -4.01. <BR><BR>Overall, while Music Broadcast Ltd is experiencing a rise in its stock price in the short term, the long-term outlook remains challenging due to weak financial performance and negative growth indicators.

Why is Music Broadcast Ltd falling/rising?

As of 08-Apr, Music Broadcast Ltd's stock price is rising to 6.47, reflecting a 2.7% increase. This growth is driven by a strong recent performance, although there are signs of reduced investor activity and underperformance relative to its sector.

As of 08-Apr, Music Broadcast Ltd's stock price is rising, currently at 6.47, reflecting an increase of 0.17 or 2.7%. This upward movement is supported by a significant performance over the last week, where the stock has gained 31.50%, compared to a modest 6.06% increase in the Sensex. Additionally, the stock has shown a remarkable rise of 39.44% over the last six days, indicating a strong positive momentum.<BR><BR>Despite this recent performance, it is important to note that the stock has underperformed its sector by 1.02% today, and its delivery volume has decreased significantly by 60.37% compared to the five-day average, suggesting a decline in investor participation. However, the stock's current price is above its 5-day, 20-day, 50-day, and 100-day moving averages, indicating a short-term bullish trend, although it remains below the 200-day moving average.<BR><BR>Overall, the recent gains in Music Broadcast Ltd's stock price can be attributed to a strong short-term performance, despite some signs of reduced investor activity and sector underperformance.

Why is Music Broadcast Ltd falling/rising?

As of 09-Apr, Music Broadcast Ltd's stock price is at 6.50, reflecting a 0.15% increase and a significant 21.72% rise over the past week. The stock has shown strong investor interest and is currently above its shorter-term moving averages, indicating a positive trend.

As of 09-Apr, Music Broadcast Ltd's stock price is rising, currently at 6.50, reflecting a change of 0.01 (0.15%) upwards. The stock has shown significant performance over the past week, with a remarkable increase of 21.72%, outperforming the Sensex, which only rose by 4.52% during the same period. Additionally, the stock has been on a consecutive gain streak for the last seven days, accumulating a total return of 40.09% in that timeframe. <BR><BR>Investor participation has also increased, as evidenced by a delivery volume of 1.83 lacs on April 8, which is up by 0.04% compared to the 5-day average delivery volume. This indicates a growing interest among investors. Furthermore, the stock's current price is higher than its 5-day, 20-day, 50-day, and 100-day moving averages, suggesting a positive short-term trend, although it remains below the 200-day moving average. Overall, these factors contribute to the upward movement of Music Broadcast Ltd's stock price.