Music Broadcast

Why is Music Broadcast Ltd falling/rising?

As of 10-Jun, the stock price of Music Broadcast Ltd is stable at 6.10 but has declined by -36.59% over the past year, significantly underperforming the market. The company faces ongoing operational challenges, including negative EBITDA and declining profitability, leading to a weak long-term outlook.

As of 10-Jun, the stock price of Music Broadcast Ltd is currently stable at 6.10, showing no change (0.00%). However, the stock has experienced significant declines over the past year, with a return of -36.59%, which is considerably worse than the market's overall negative return of -5.03%. This underperformance is indicative of the company's ongoing struggles, as it has reported negative results for the last five consecutive quarters, including a substantial drop in net sales by -25.39% and a loss of Rs -47.96 crore in profit after tax, which fell by -26.1%.<BR><BR>Additionally, the company is facing operational challenges, evidenced by a negative EBITDA of Rs -44.42 crore and a poor EBIT to interest ratio of -4.51, indicating a weak ability to service its debt. The stock's performance has also been affected by broader sector trends, as the TV Broadcasting & Software sector has fallen by -2.65%. Despite a slight outperformance today against the sector by 2.67%, the overall long-term outlook remains weak due to the company's operational losses and declining profitability. Therefore, the combination of these negative factors contributes to the stock's overall downward trend.

What does Music Broadcast do?

Music Broadcast Ltd operates Private FM radio stations under the 'Radio City' brand and is categorized as a Micro Cap company. As of March 2026, it reported net sales of 41 Cr and a net loss of 48 Cr, with a market cap of INR 216 Cr.

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 the period ending March 2026.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 41 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: -48 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 216 Cr (Micro Cap)<BR><BR>Key Metrics: <BR>P/E: N/A <BR>Industry P/E: 21 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: -0.18 <BR>Return on Equity: -11.97% <BR>Price to Book: 0.47<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

Which are the latest news on Music Broadcast?

How big is Music Broadcast?

As of 10th June, Music Broadcast Ltd has a market capitalization of 216.00 Cr and reported Net Sales of 174.43 Cr, with a Net Profit loss of 53.33 Cr over the latest four quarters.

As of 10th June, Music Broadcast Ltd has a market capitalization of 216.00 Cr, which classifies it as a Micro Cap company.<BR><BR>In the latest four quarters, Music Broadcast reported Net Sales of 174.43 Cr. However, the company experienced a loss of 53.33 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2015, where Shareholder's Funds amounted to 57.17 Cr and Total Assets were valued at 393.42 Cr.

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 (all directors), and Arpita Kapoor (Company Secretary). The team comprises a mix of independent and non-independent directors to guide the company's strategy.

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 brings a mix of independent and non-independent directors, along with a compliance officer, to guide the company's strategic direction.

Who are the peers of the Music Broadcast?

Peers of Music Broadcast include UFO Moviez, Diksat Transworld, Quint Digital, 7Seas Entertainment, Alan Scott Entertainment, GTT Data, Cineline India, and Cash UR Drive. Music Broadcast has a good capital structure but a significantly lower 1-year return of -36.02% compared to its peers, with Alan Scott Entertainment leading at 145.88%.

Peers: The peers of Music Broadcast are UFO Moviez, Diksat Transworl, Quint Digital, 7Seas Enter., Alan Scott Ente., GTT Data, Cineline India, and Cash UR Drive.<BR><BR>Quality Snapshot: Excellent management risk is observed at Cash UR Drive, while Average management risk is found at UFO Moviez, and the rest have Below Average management risk. Good growth is noted at 7Seas Enter. and Cineline India, while Average growth is seen at UFO Moviez, and the rest have Below Average growth. Good capital structure is present at UFO Moviez and 7Seas Enter., while the rest have Below Average capital structure, except for Music Broadcast, which has a Good capital structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Alan Scott Ente. at 145.88%, while the lowest is Music Broadcast at -36.02%. Music Broadcast's 1-year return is significantly lower than its peers. Additionally, GTT Data, Cineline India, and Music Broadcast have negative six-month returns.

Are Music Broadcast Ltd latest results good or bad?

Music Broadcast Ltd's latest results are concerning, showing a net loss of ₹47.96 crores and a significant decline in revenue by 25.39% year-on-year, primarily due to a shift in advertising from traditional radio to digital platforms. Overall, the financial performance indicates serious operational challenges and a negative outlook.

Music Broadcast Ltd's latest results for Q4 FY26 indicate a troubling financial situation. The company reported a net loss of ₹47.96 crores, which is a significant decline compared to a profit of ₹3.68 crores in the previous quarter. This marks a year-on-year deterioration of 26.10%. Additionally, revenue fell to ₹40.79 crores, reflecting a 25.39% decline from the same quarter last year and a 12.24% decrease from the previous quarter.<BR><BR>The operating margin is particularly alarming, sitting at -116.43%, indicating severe operational challenges. This is a worsening trend from the -83.03% margin reported in Q4 FY25. The company is facing structural issues, primarily due to a shift in advertising from traditional radio to digital platforms, which has resulted in a substantial drop in revenue.<BR><BR>Overall, the financial performance suggests that Music Broadcast is struggling significantly, with mounting losses and declining revenues, making the latest results decidedly negative.

Should I buy, sell or hold Music Broadcast Ltd?

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