Why is Music Broadcast Ltd ?
1
Weak Long Term Fundamental Strength with a -8.41% CAGR growth in Operating Profits over the last 5 years
- Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of -4.01
- The company has reported losses. Due to this company has reported negative ROCE
2
The company has declared Negative results for the last 4 consecutive quarters
- NET SALES(Q) At Rs 46.48 cr has Fallen at -28.91%
- PBT LESS OI(Q) At Rs -2.25 cr has Fallen at -181.25%
- PAT(9M) At Rs -5.37 cr has Grown at -25.68%
3
Risky - Negative EBITDA
- The company has recorded a negative EBITDA of Rs. -42.32 cr
- Over the past year, while the stock has generated a return of -30.18%, its profits have fallen by -706.2%
- The stock is trading risky as compared to its average historical valuations
4
Underperformed the market in the last 1 year
- Even though the market (BSE500) has generated returns of 7.73% in the last 1 year, the stock has hugely underperformed and has generate negative returns of -30.18% returns
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Media & Entertainment)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Music Broadcast for you?
High Risk, Low Return
Absolute
Risk Adjusted
Volatility
Music Broadcast
-30.18%
-0.74
40.71%
Sensex
3.77%
0.28
13.55%
Quality key factors
Factor
Value
Sales Growth (5y)
7.53%
EBIT Growth (5y)
-8.41%
EBIT to Interest (avg)
-4.01
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
-0.07
Sales to Capital Employed (avg)
0.31
Tax Ratio
21.06%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
3.75%
ROCE (avg)
-5.19%
ROE (avg)
0.64%
Valuation Key Factors 
Factor
Value
P/E Ratio
NA (Loss Making)
Industry P/E
17
Price to Book Value
0.46
EV to EBIT
-2.66
EV to EBITDA
-4.53
EV to Capital Employed
0.42
EV to Sales
1.02
PEG Ratio
NA
Dividend Yield
NA
ROCE (Latest)
-15.49%
ROE (Latest)
-8.87%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
Bearish
OBV
Mildly Bearish
No Trend
Technical Movement
2What is working for the Company
PAT(Q)
Highest at Rs 3.68 cr.
EPS(Q)
Highest at Rs 0.11
-16What is not working for the Company
NET SALES(Q)
At Rs 46.48 cr has Fallen at -28.91%
PBT LESS OI(Q)
At Rs -2.25 cr has Fallen at -181.25%
PAT(9M)
At Rs -5.37 cr has Grown at -25.68%
NON-OPERATING INCOME(Q)
is 136.95 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for Music Broadcast
Profit After Tax (PAT) - Quarterly
Highest at Rs 3.68 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Earnings per Share (EPS) - Quarterly
Highest at Rs 0.11
in the last five quartersMOJO Watch
Increasing profitability; company has created higher earnings for shareholders
EPS (Rs)
Here's what is not working for Music Broadcast
Net Sales - Quarterly
At Rs 46.48 cr has Fallen at -28.91%
Year on Year (YoY)MOJO Watch
Near term sales trend is very negative
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs -2.25 cr has Fallen at -181.25%
Year on Year (YoY)MOJO Watch
Near term PBT trend is very negative
PBT less Other Income (Rs Cr)
Non Operating Income - Quarterly
is 136.95 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Non Operating Income - Quarterly
Highest at Rs 8.34 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income






