Sharescart Research Club logo

Music Broadcast

₹6.9 0.1 | 1%

Market Cap ₹240 Cr.

Stock P/E -7.1

P/B 0.5

Current Price ₹6.9

Book Value ₹ 14.2

Face Value 2

52W High ₹13.8

Dividend Yield 0%

52W Low ₹ 6.8

Music Broadcast Research see more...

Overview Inc. Year: 1999Industry: TV Broadcasting & Software Production

Music Broadcast Ltd is an India-based employer, which owns and operates Radio City 91.1 frequency modulation (FM). The Company is working approximately 39 terrestrial radio stations across 12 states. The Company also operates approximately 17 Web-stations thru its digital interface.

Read More..

Music Broadcast Share Price

New

| |

Volume
Price

Quarterly Price

Show Value Show %

Music Broadcast Quarterly Results

#(Fig in Cr.) Mar 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Net Sales 51 52 60 63 60 55 65 55 49 38
Other Income 5 6 6 6 7 6 7 7 7 7
Total Income 57 58 66 69 66 61 72 62 56 45
Total Expenditure 46 46 51 52 50 52 55 100 48 43
Operating Profit 11 12 15 16 16 10 18 -38 8 1
Interest 2 2 2 3 3 3 3 3 3 3
Depreciation 8 8 8 8 9 9 9 9 7 7
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 0 1 4 5 5 -2 6 -50 -2 -9
Provision for Tax 1 1 2 2 2 0 2 -12 -0 -2
Profit After Tax -1 0 3 3 3 -2 4 -38 -2 -7
Adjustments -0 -0 -0 0 0 0 -0 0 0 0
Profit After Adjustments -1 0 3 3 3 -2 4 -38 -2 -7
Adjusted Earnings Per Share -0 0 0.1 0.1 0.1 -0.1 0.1 -1.1 -0.1 -0.2

Music Broadcast Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 201 225 271 298 325 248 128 168 199 229 234 207
Other Income 7 15 4 19 16 16 15 17 20 23 27 28
Total Income 208 240 276 318 341 264 143 185 219 252 261 235
Total Expenditure 139 147 180 201 212 191 139 157 176 195 257 246
Operating Profit 69 93 96 116 128 73 4 28 43 56 5 -11
Interest 6 21 19 15 6 10 3 3 4 10 12 12
Depreciation 16 17 20 26 27 35 33 33 33 33 35 32
Exceptional Income / Expenses 0 -14 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 47 42 57 75 96 29 -33 -8 6 13 -42 -55
Provision for Tax 0 14 20 24 34 1 -9 -2 3 6 -8 -12
Profit After Tax 47 28 37 52 62 28 -24 -6 3 7 -34 -43
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 47 28 37 52 62 28 -24 -6 3 7 -34 -43
Adjusted Earnings Per Share 0 0 1 1.5 1.8 0.8 -0.7 -0.2 0.1 0.2 -1 -1.3

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 2% 12% -1% 2%
Operating Profit CAGR -91% -44% -42% -23%
PAT CAGR -586% 0% NAN% NAN%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -46% -34% -21% NA%
ROE Average -7% -2% -2% 18%
ROCE Average -5% 0% -1% 7%

Music Broadcast Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 58 127 548 600 603 632 610 604 525 532 498
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 285 233 50 50 16 0 0 0 84 92 0
Other Non-Current Liabilities 7 -14 -6 2 -0 18 2 -0 -4 4 10
Total Current Liabilities 52 126 158 45 126 36 27 35 36 44 140
Total Liabilities 401 472 749 697 744 686 639 638 641 671 647
Fixed Assets 19 230 312 297 310 309 283 255 233 219 179
Other Non-Current Assets 36 114 38 192 20 26 64 231 260 272 209
Total Current Assets 347 127 399 208 414 351 292 153 148 180 259
Total Assets 401 472 749 697 744 686 639 638 641 671 647

Music Broadcast Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 19 43 13 86 13 15 8 10 8 6 9
Cash Flow from Operating Activities 65 61 79 40 86 49 5 23 31 27 17
Cash Flow from Investing Activities -201 -60 -211 3 -44 32 4 -18 -24 -16 -9
Cash Flow from Financing Activities 160 -32 205 -116 -40 -89 -7 -7 -8 -8 -7
Net Cash Inflow / Outflow 24 -31 73 -72 2 -7 2 -2 -1 3 -0
Closing Cash & Cash Equivalent 43 13 86 13 15 8 10 8 6 9 9

Music Broadcast Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 0 0 1.03 1.45 1.78 0.82 -0.7 -0.16 0.1 0.2 -0.98
CEPS(Rs) 2.58 1.69 1.58 2.19 2.57 1.82 0.26 0.78 1.05 1.17 0.02
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 0 0 15.37 16.82 17.45 18.28 17.64 17.46 15.18 15.38 14.4
Core EBITDA Margin(%) 31.02 34.65 33.62 32.55 33.39 22.26 -8.68 6.44 11.31 13.96 -9.16
EBIT Margin(%) 26.52 27.76 28.01 30.24 30.04 15.06 -22.83 -2.88 4.89 9.6 -12.34
Pre Tax Margin(%) 23.43 18.59 21 25.22 28.36 11.26 -25.32 -4.42 2.97 5.43 -17.1
PAT Margin (%) 23.43 12.25 13.51 17.34 18.3 10.99 -18.69 -3.33 1.69 2.88 -13.9
Cash Profit Margin (%) 31.25 19.67 20.76 26.15 26.35 24.54 6.99 15.8 17.76 16.96 0.32
ROA(%) 16.47 6.33 6.01 7.15 8.55 3.94 -3.65 -0.89 0.54 1.04 -5.13
ROE(%) 138.02 29.88 10.86 9.01 10.24 4.57 -3.9 -0.94 0.61 1.3 -6.57
ROCE(%) 21.76 15.98 13.45 13.39 15.25 5.91 -4.76 -0.81 1.65 3.7 -4.92
Receivable days 127.15 124.19 106.2 117.54 127.81 164.69 258.83 162.95 126.55 107.14 111.9
Inventory Days 0 0 0 0 0 0 0 0 0 0 0
Payable days 0 0 0 0 0 0 0 0 0 0 0
PER(x) 0 0 55.76 43.81 26.41 17.95 0 0 108.94 81.62 0
Price/Book(x) 0 0 3.73 3.78 2.7 0.8 1.33 1.48 0.71 1.05 0.63
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 1.38 1.47 7.1 7.51 5 1.99 6.13 5.14 2.27 2.69 1.71
EV/Core EBITDA(x) 4.03 3.57 20.13 19.23 12.65 6.72 211.64 31.12 10.56 10.95 87.46
Net Sales Growth(%) 30.27 12.27 20.37 9.89 8.87 -23.68 -48.51 32 18.07 14.92 2.6
EBIT Growth(%) 77.67 17.49 21.45 18.67 12.16 -61.78 -176.39 83.33 302.61 128.56 -231.79
PAT Growth(%) 93.46 -41.3 32.71 41.08 19.15 -54.22 -185.75 76.43 160.34 98.97 -594.39
EPS Growth(%) 0 0 -2.23 41.07 22.91 -54.22 -185.75 76.43 160.33 99 -594.34
Debt/Equity(x) 5.09 2.4 0.27 0.08 0.12 0 0 0 0.16 0.17 0.2
Current Ratio(x) 6.61 1.01 2.53 4.61 3.3 9.75 10.78 4.34 4.08 4.13 1.85
Quick Ratio(x) 6.61 1.01 2.53 4.61 3.3 9.75 10.78 4.34 4.08 4.13 1.85
Interest Cover(x) 8.58 3.03 4 6.02 17.93 3.97 -9.17 -1.87 2.55 2.3 -2.59
Total Debt/Mcap(x) 0 0 0.07 0.02 0.05 0 0 0 0.22 0.16 0.32

Music Broadcast Shareholding Pattern

# Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Promoter 74.05 74.05 74.05 74.05 74.05 74.05 74.05 74.05 74.05 74.05
FII 0 0 0.04 0.28 0.03 0.03 0.02 0.01 0 0
DII 4.9 1.4 0 0 0 0 0 0 0 0
Public 21.05 24.55 25.9 25.67 25.92 25.92 25.93 25.94 25.94 25.95
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Stock is trading at 0.5 times its book value
  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Company has a low return on equity of -2% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Music Broadcast News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot Listing Price Listing Gain(%) Current Price Return (%) Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot Listing Price Listing Gain(%) Current Price Return (%) Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot Listing Price Listing Gain(%) Current Price Return (%) Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot Listing Price Listing Gain(%) Current Price Return (%) Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot Listing Price Listing Gain(%) Current Price Return (%) Type Exchange

View more.....