MarketFriction

Music Broadcast Ltd

NSE RADIOCITY · BSE 540366 · Media & Entertainment
₹5.88 -1.84%
NSE close2026-10-01
52 week range4.50 - 8.69
Market cap₹203 Cr.
Price band 20% Delivery 73.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales52.4460.4462.6359.6054.8365.3854.6749.3237.8446.4840.7944.54
Expenses46.0650.9552.4250.3651.8054.54100.0748.3843.3338.8888.2836.34
Operating Profit6.389.4910.219.243.0310.84-45.400.94-5.497.60-47.498.20
OPM %12.17%15.70%16.30%15.50%5.53%16.58%-83.04%1.91%-14.51%16.35%-116.43%18.41%
Other Income5.715.815.916.626.496.747.017.026.848.344.568.20
Interest2.472.442.582.832.862.873.033.063.063.051.240.00
Depreciation8.288.428.508.538.638.778.697.087.056.816.644.08
Profit before tax1.344.445.044.50-1.975.94-50.11-2.18-8.766.08-50.8112.32
Tax %72.39%42.12%41.07%42.89%1.02%39.39%-24.11%-0.46%-21.46%39.47%-5.61%25.16%
Net Profit0.372.572.972.58-1.993.60-38.03-2.17-6.883.68-47.969.22
EPS in Rs0.010.070.090.07-0.060.10-1.10-0.06-0.200.11-1.390.27
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales225271298325248128168199229234174170
Expenses149180201212191139157176195257218207
Operating Profit77919711357-11112333-22-44-37
OPM %34%34%33%35%23%-9%7%12%15%-10%-25%-22%
Other Income2419151615172023272628
Interest2119156103341012107
Depreciation172026273533333333352825
Profit before tax4257759629-33-8613-42-56-41
Tax %34%36%31%36%2%-26%-25%43%47%-19%-4%
Net Profit2837526228-24-637-34-53-42
EPS in Rs1.051.031.451.780.82-0.70-0.160.100.20-0.98-1.54-1.21
Dividend Payout %0%0%0%0%0%0%0%0%0%0%0%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth-3%6%-4%-24%
Compounded Profit Growth%-55%%-9%
Stock Price CAGR%-24%-26%-30%
Return on Equity1%-3%-6%-12%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital394257575569696969696969
Reserves19168491543548563541534456463429376
Borrowings28522315050742223199810612624
Other Liabilities555763495334233133424127
Total Liabilities398490761699731688657654656681665496
Fixed Assets19230312297310309283255233219179106
CWIP0660000000100
Investments01527156172208202219220247311250
Other Assets379179423246249170172180203213176140
Total Assets398490761699731688657654656681665496
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity65617940864952331271722
Cash from Investing Activity-201-60-2113-44324-18-24-16-988
Cash from Financing Activity160-32205-116-40-89-7-7-8-8-7-114
Net Cash Flow24-3173-722-72-2-13-0-5
Free Cash Flow62-222513446445202118417
CFO/OP103%92%96%58%92%106%-66%210%136%89%-79%-61%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days140123110135141156221164121117118112
Inventory Days
Days Payable
Cash Conversion Cycle140123110135141156221164121117118112
Working Capital Days436-47-7110745138210140164125-53107
ROCE %22%19%13%12%14%4%-5%-1%1%3%-5%-9%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters74.05%74.05%74.05%74.05%74.05%74.05%74.05%74.05%74.05%74.05%74.05%74.05%
FIIs0.00%0.04%0.28%0.03%0.03%0.01%0.01%0.00%0.00%0.00%0.00%0.00%
DIIs1.40%0.00%0.00%0.00%0.00%0.01%0.01%3.75%3.75%3.75%3.75%3.75%
Public24.55%25.91%25.67%25.92%25.91%25.91%25.93%22.20%22.19%22.21%22.20%22.20%
No. of Shareholders34,80643,74253,69852,26751,88151,64151,32951,16850,46049,89148,98048,290

Fundamentals

Market Cap₹ 203 Cr.
Current Price₹ 6.01
Book Value₹ 12.9
ROCE-8.73 %
ROE-11.8 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)-24%
Compounded Profit Growth (TTM)-9%
Standalone figures.
Valuation
Market capRs 203 Cr
Enterprise valueRs 223 Cr
Price to book0.46x
Price to sales1.20x
EV / sales1.31x
Price to cash flow9.37x
Earnings yield-20.63%
P/E, 3-year average81.62x
P/B, 3-year average0.68x
P/E, 5-year average95.07x
P/B, 5-year average0.85x
Profitability
Operating margin (excl. other income)-24.99%
Operating margin (incl. other income)-10.14%
EBITDA margin-3.64%
Pre-tax margin-24.27%
Net profit margin-24.72%
Net margin, latest quarter20.70%
ROE-11.31%
ROCE-8.28%
ROA-9.18%
ROE, 3-year average-5.53%
ROCE, 3-year average-3.14%
ROA, 3-year average-4.40%
ROE, 5-year average-3.38%
ROCE, 5-year average-1.72%
ROA, 5-year average-2.71%
ROIC (approx.)-6.34%
Tax rate4.19%
Other income / net worth5.82%
Growth
Sales growth (latest year)-25.61%
Sales CAGR, 3 years-4.28%
Sales CAGR, 5 years6.45%
Sales growth QoQ9.19%
Sales growth YoY (latest quarter)-9.69%
Per share
EPS (TTM)Rs -1.21
EPS (latest year)Rs -1.54
EPS (latest quarter)Rs 0.27
EPS, 3-year averageRs -0.77
EPS, 5-year averageRs -0.48
Book value per shareRs 12.88
Sales per shareRs 4.91
Cash flow per shareRs 0.63
Free cash flow per shareRs 0.49
Efficiency
Asset turnover0.35x
Fixed asset turnover1.65x
Debtor days112 days
Debtors turnover3.25x
Cash conversion cycle112 days
Working capital days107 days
Leverage
Total debtRs 24 Cr
Cash and bankRs 4 Cr
Net debtRs 19 Cr
Debt to equity0.05x
Interest coverage-2.95x
Owners' fund to total sources89.80%
Debt to assets4.79%
Cash flow
Cash from Operating Activity (latest year)Rs 22 Cr
Cash from Investing Activity (latest year)Rs 88 Cr
Cash from Financing Activity (latest year)Rs -114 Cr
Net Cash Flow (latest year)Rs -5 Cr
Free cash flow (latest year)Rs 17 Cr
FCFE (approx.: FCF + change in debt)Rs -85 Cr
Sales to cash flow8.04x
Statement figures
Net sales (TTM)Rs 170 Cr
Net sales (latest year)Rs 174 Cr
Sales (latest quarter)Rs 45 Cr
Operating profit excl. other income (latest year)Rs -44 Cr
Operating profit (latest quarter)Rs 8 Cr
Other income (TTM)Rs 28 Cr
EBITDA (TTM)Rs -6 Cr
PBDT (TTM)Rs -17 Cr
Profit before tax (TTM)Rs -41 Cr
Tax (latest year)Rs -2 Cr
Net profit (TTM)Rs -42 Cr
Net profit (latest year)Rs -53 Cr
Net profit (latest quarter)Rs 9 Cr
Depreciation (TTM)Rs 25 Cr
Depreciation (latest quarter)Rs 4 Cr
Interest (TTM)Rs 10 Cr
Cost of goods sold (latest year)Rs 30 Cr
Total expenditure (latest year)Rs 218 Cr
Total income (latest year)Rs 200 Cr
Share capitalRs 69 Cr
ReservesRs 376 Cr
Shareholders' fundsRs 445 Cr
Total assetsRs 496 Cr
Net blockRs 106 Cr
InvestmentsRs 250 Cr
ReceivablesRs 54 Cr
Other liabilitiesRs 27 Cr
Shares outstanding (crore)34.57
Ownership
Promoter holding74.05% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/B 0.46 is at the 4th percentile (median 1.26).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodRADIOCITYNifty 50Difference
1 week-1.7%-2.8% +1.1 pts
1 month-8.3%-6.8% -1.5 pts
3 months-3.1%-7.6% +4.5 pts
6 months+26.2%+0.4% +25.8 pts
1 year-31.8%-9.9% -21.9 pts
2 years-61.7%-13.6% -48.1 pts
3 years-60.5%+14.2% -74.7 pts
5 years-75.6%+27.9% -103.5 pts

Red flags

F-score 4 of 8
lookRepeated losses Net loss in each of the last two years
lookRegulator order or action Regulator order or action 2026-03-30: Tax Litigation Update
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹45 Cr -9.7% vs Jun 2025. Net profit ₹9 Cr +524.9%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2024-08-16Annual General Meeting
2023-08-17Annual General Meeting
2023-01-13Scheme Of Arrangement - Bonus Ncrps 1:10
2022-08-17Annual General Meeting
2021-09-08 Annual General Meeting
2020-09-09 Annual General Meeting
2020-03-12 Bonus 1:40.8000
2019-09-11 Annual General Meeting
2019-02-20 Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share0.2000
2018-09-05 Annual General Meeting
2017-09-06 Annual General Meeting
DateTypeWhat it says
2026-09-22General UpdatesIntimation under Regulation 30 of LODR
2026-09-02Shareholder meetingVoting results.
2026-09-02Shareholder meetingOutcome of Annual General Meeting
2026-08-05UpdatesIntimation Under Regulations 36(1)(B) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015.
2026-08-05Shareholder meetingNotice of Annual General Meeting of the Company scheduled to be held on September 02, 2026
2026-07-29UpdatesIntimation of the 27th Annual General Meeting of the Company
2026-07-28Concall / analyst meetEarnings Call Transcript
2026-07-23Concall / analyst meetAudio Recording of the Investor Meet
2026-07-22Investor PresentationInvestor Presentation
2026-07-22Change in ManagementAddition of Senior Management Personnels
2026-07-22Board meeting outcomeUn-Audited Financial Results for the first quarter ended June 30, 2026
2026-07-15Concall / analyst meetAnalyst/ Investor Meet Intimation
2026-07-03Credit RatingCredit Rating
2026-06-11Disclosure under SEBI TakeovJagran Prakashan Limited  has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Sub...
2026-05-25Concall / analyst meetConcall Transcript
2026-05-22Concall / analyst meetInvestor Audio Call recording
2026-05-22Investor PresentationInvestor Presentation
2026-05-21CessationCompletion of tenure of Mr. Anuj Puri as Non- Executive Independent Director of the company w.e.f. May 29, 2026.
2026-05-21Change in ManagementIntimation of appointment of Senior Management Personnel.
2026-05-21Board meeting outcomeOutcome of Board Meeting for the approval of the Financial Results of the Company for the Financial year ended March 31, 2026 and other agenda items
2026-05-14Concall / analyst meetAnalyst/Investor Meet Intimation
2026-04-27General UpdatesRe-constitution of various Board Committees
2026-04-13Regulatory actionTax Litigation Update
2026-03-30Regulatory actionTax Litigation Update
2026-03-23Regulatory actionIntimation under Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
EPS in the scrip is zero (4 trailing quarters)Less than 100 unique PAN traded in previous 30 days

Quick answers

What is the market cap of Music Broadcast Ltd?

Music Broadcast Ltd (RADIOCITY) has a market capitalisation of Rs 203 Cr. at the 2026-10-01 close.

What were Music Broadcast Ltd's latest quarterly results?

In the Jun 2026 quarter, Music Broadcast Ltd sales was Rs 45 Cr (-9.7% vs Jun 2025) and net profit was Rs 9 Cr.

What is the 52-week high and low of Music Broadcast Ltd?

The 52-week high is Rs 8.69 and the 52-week low is Rs 4.50.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03