Film Production, Distribution & Entertainment · Founded 1999 · www.radaan.tv · BSE 590070 · NSE RADAAN MEDIA · ISIN INE874F01027
No Notes Added Yet
1. Business Overview
Radaan Mediaworks India Ltd. is an Indian media and entertainment company primarily engaged in the production and distribution of content across various platforms. Its core business model involves creating television serials, films, and potentially other digital content, and then licensing or selling this content to broadcasters, digital platforms (OTT), and cinema distributors. The company generates revenue through production fees, content licensing/syndication rights, and potentially box office collections from its film productions.
2. Key Segments / Revenue Mix
While specific financial breakdowns are not publicly detailed, Radaan Mediaworks' primary revenue streams are likely derived from:
Television Content Production: Producing daily soaps and serials for various regional and national television channels. This has historically been a significant segment for the company.
Film Production & Distribution: Producing feature films and managing their theatrical and satellite/digital distribution rights.
Other Media Services: Potentially includes event management, advertising, or post-production services, though content creation remains central.
3. Industry & Positioning
The Indian film and television industry is dynamic, highly competitive, and largely fragmented, driven by strong domestic demand across multiple languages. The industry is characterized by a mix of large integrated studios, mid-sized production houses, and numerous independent creators. Radaan Mediaworks operates as a prominent regional player, particularly known for its Tamil television serials, leveraging the strong brand recognition of its founder, Radikaa Sarathkumar. It competes with other regional production houses as well as larger national media conglomerates that also produce regional content. Its positioning is strongest in the Southern Indian television market.
4. Competitive Advantage (Moat)
Radaan Mediaworks' primary competitive advantages likely stem from:
Brand & Reputation: The strong personal brand and extensive industry experience of its founder, Radikaa Sarathkumar, which helps in attracting talent, securing broadcast deals, and gaining audience trust for its productions.
Content Library: A library of past successful television serials and films that can be re-licensed for syndication, providing a recurring revenue stream.
Talent Relationships: Long-standing relationships with actors, directors, writers, and technicians within the South Indian entertainment industry, which can be crucial for content creation.
5. Growth Drivers
Rising Disposable Income & Consumption: Increasing discretionary spending in India fuels demand for entertainment content.
Growth of OTT Platforms: The proliferation of streaming services creates new avenues for content monetization through licensing and original production deals, including demand for regional language content.
Digital Penetration: Increasing internet and smartphone penetration expands the reach of digital content, opening up new audiences.
Demand for Regional Content: Strong and growing demand for local language content, both on TV and digital platforms, plays to Radaan's historical strength.
Content Export Potential: Opportunities to syndicate regional content to the Indian diaspora or non-Indian markets.
6. Risks
Content Flop Risk: The success of the business is highly dependent on the commercial and critical success of its productions. A string of unsuccessful shows or films can significantly impact revenue and profitability.
Talent Dependency: Reliance on key creative talent (actors, directors, writers) means their availability, fees, and performance directly impact production quality and cost.
Intense Competition: The industry faces fierce competition from established players, new digital content producers, and global streaming giants investing heavily in local content.
Changing Viewer Preferences: Rapid shifts in audience tastes and content consumption habits (e.g., from linear TV to digital) require constant adaptation.
High Production Costs: Production of quality content involves significant upfront investment, and cost overruns can impact margins.
Piracy: Illegal distribution of content remains a persistent threat, eroding potential revenue.
Regulatory & Censorship Risks: Changes in broadcasting regulations, censorship norms, or taxation policies can affect operations and content creation.
7. Management & Ownership
Radaan Mediaworks India Ltd. is promoted by veteran actress Smt. Radikaa Sarathkumar, who serves as the Chairperson and Managing Director, along with her husband, actor R. Sarathkumar. Their extensive experience and prominence in the South Indian film and television industry lend credibility and strategic direction to the company. The ownership structure typically involves significant promoter holding, with the remaining shares held by the public and institutional investors.
8. Outlook
Radaan Mediaworks operates in an industry with significant growth potential driven by India's large and young population, increasing digital consumption, and a strong appetite for local language content. The company's established presence, particularly in the Southern Indian television market, and the brand equity of its promoters provide a foundation for leveraging these trends. However, the entertainment sector is inherently high-risk due to its hit-driven nature, intense competition, and rapidly evolving consumption patterns. Sustained success will depend on the company's ability to consistently produce engaging content that resonates with audiences across traditional and new digital platforms, manage production costs effectively, and adapt to technological shifts and changing viewer preferences. The company faces the challenge of scaling up effectively while navigating the volatile nature of content creation and distribution.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
| #(Fig in Cr.) | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 3 | 4 | 12 | 15 | 3 | 2 | 2 | 0 | 2 | 2 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Total Income | 3 | 4 | 12 | 15 | 3 | 2 | 2 | 0 | 3 | 2 |
| Total Expenditure | 4 | 4 | 8 | 14 | 3 | 2 | 2 | 1 | 4 | 2 |
| Operating Profit | -1 | -0 | 4 | 1 | 1 | 1 | 0 | -1 | -1 | -1 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -2 | -1 | 3 | 1 | 0 | 0 | -0 | -1 | -2 | -1 |
| Provision for Tax | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Profit After Tax | -2 | -1 | 3 | 1 | 0 | 0 | -0 | -1 | -2 | -1 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | -2 | -1 | 3 | 1 | 0 | 0 | -0 | -1 | -2 | -1 |
| Adjusted Earnings Per Share | -0.3 | -0.2 | 0.6 | 0.1 | 0 | 0 | -0.1 | -0.3 | -0.3 | -0.2 |
| #(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 | 36 | 32 | 31 | 29 | 28 | 10 | 9 | 10 | 12 | 21 | 23 | 6 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 1 |
| Total Income | 36 | 33 | 31 | 29 | 28 | 10 | 9 | 11 | 12 | 21 | 23 | 7 |
| Total Expenditure | 33 | 30 | 28 | 27 | 34 | 17 | 15 | 13 | 12 | 19 | 20 | 9 |
| Operating Profit | 3 | 3 | 3 | 3 | -6 | -7 | -5 | -2 | 1 | 3 | 3 | -3 |
| Interest | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 3 | 2 | 2 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 1 | 1 | 1 | 1 | -8 | -9 | -7 | -4 | -2 | -0 | 0 | -4 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | -0 | -0 | -0 | 0 |
| Profit After Tax | 1 | 1 | 1 | 1 | -8 | -9 | -7 | -4 | -2 | -0 | 0 | -4 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 1 | 1 | 1 | 1 | -8 | -9 | -7 | -4 | -2 | -0 | 0 | -4 |
| Adjusted Earnings Per Share | 0.2 | 0.2 | 0.2 | 0.1 | -1.5 | -1.6 | -1.4 | -0.8 | -0.3 | -0.1 | 0.1 | -0.9 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 10% | 32% | 18% | -4% |
| Operating Profit CAGR | 0% | 0% | 0% | 0% |
| PAT CAGR | 0% | 0% | 0% | -100% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -23% | 15% | 24% | 6% |
| ROE Average | 0% | 0% | 0% | -16% |
| ROCE Average | 14% | 10% | -3% | -3% |
| #(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 | 19 | 20 | 18 | 18 | 10 | 2 | -6 | -10 | -12 | -12 | -11 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 1 | 1 | 0 | 0 | 9 | 11 | 18 | 21 | 23 | 25 | 16 |
| Other Non-Current Liabilities | 6 | 6 | 4 | 4 | 1 | 1 | 1 | 1 | 3 | 3 | 0 |
| Total Current Liabilities | 7 | 10 | 11 | 9 | 15 | 14 | 16 | 15 | 19 | 21 | 24 |
| Total Liabilities | 32 | 37 | 33 | 32 | 35 | 28 | 28 | 26 | 33 | 38 | 29 |
| Fixed Assets | 3 | 3 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 0 |
| Other Non-Current Assets | 11 | 12 | 17 | 18 | 24 | 22 | 24 | 22 | 23 | 24 | 25 |
| Total Current Assets | 11 | 15 | 14 | 13 | 8 | 5 | 3 | 3 | 10 | 14 | 3 |
| Total Assets | 32 | 37 | 33 | 32 | 35 | 28 | 28 | 26 | 33 | 38 | 29 |
| #(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 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow from Operating Activities | 0 | -1 | 1 | 2 | 2 | -0 | -1 | -2 | -1 | 3 | 8 |
| Cash Flow from Investing Activities | -1 | -0 | -1 | -0 | -9 | -1 | -3 | -1 | -1 | -0 | -1 |
| Cash Flow from Financing Activities | -2 | 1 | -0 | -2 | 8 | 1 | 4 | 3 | 2 | -3 | -7 |
| Net Cash Inflow / Outflow | -3 | -0 | -0 | -0 | 0 | -0 | 0 | -0 | 0 | -0 | 1 |
| Closing Cash & Cash Equivalent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| # | 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) | 0.2 | 0.16 | 0.19 | 0.14 | -1.47 | -1.62 | -1.36 | -0.8 | -0.31 | -0.08 | 0.06 |
| CEPS(Rs) | 0.32 | 0.28 | 0.28 | 0.25 | -1.38 | -1.52 | -1.28 | -0.75 | -0.3 | -0.07 | 0.07 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 2.18 | 2.35 | 3.26 | 3.39 | 1.92 | 0.3 | -1.07 | -1.87 | -2.18 | -2.17 | -2.11 |
| Core EBITDA Margin(%) | 7.82 | 8.35 | 8.25 | 8.26 | -22.12 | -68.22 | -58.22 | -34.3 | 6.11 | 12.17 | 12.08 |
| EBIT Margin(%) | 6.25 | 6.83 | 7.07 | 6.85 | -23.45 | -73.57 | -63.26 | -23.82 | 5.7 | 12.11 | 11.91 |
| Pre Tax Margin(%) | 3.18 | 2.87 | 3.52 | 2.98 | -27.73 | -85.86 | -79.49 | -43.79 | -13.83 | -2.25 | 1.26 |
| PAT Margin (%) | 3.12 | 2.71 | 3.32 | 2.56 | -28.44 | -86.22 | -78.94 | -43.89 | -13.59 | -2.11 | 1.43 |
| Cash Profit Margin (%) | 4.93 | 4.64 | 4.98 | 4.59 | -26.6 | -80.69 | -73.86 | -41.3 | -13.01 | -1.85 | 1.65 |
| ROA(%) | 3.41 | 2.55 | 2.92 | 2.27 | -23.78 | -27.99 | -26.12 | -15.93 | -5.67 | -1.26 | 0.98 |
| ROE(%) | 9.9 | 7.17 | 6.73 | 4.14 | -55.44 | -146.64 | 0 | 0 | 0 | 0 | 0 |
| ROCE(%) | 12.51 | 11.54 | 9.3 | 7.68 | -25.2 | -32.51 | -31.16 | -12.53 | 3.42 | 11.64 | 13.59 |
| Receivable days | 77.58 | 97.42 | 89.32 | 79.57 | 76.11 | 126.3 | 89.98 | 86.19 | 44.91 | 33.08 | 28.13 |
| Inventory Days | 19.04 | 22.58 | 21.29 | 29.73 | 37.25 | 82.16 | 44.79 | 18.54 | 130.49 | 156.63 | 95.05 |
| Payable days | -4856.04 | -3519.35 | 1362.36 | -369.89 | 1412.1 | 5466.75 | 1246.03 | -3449.44 | -279.28 | -1252.72 | 335.83 |
| PER(x) | 3.37 | 10.78 | 6.67 | 14.88 | 0 | 0 | 0 | 0 | 0 | 0 | 58.68 |
| Price/Book(x) | 0.32 | 0.74 | 0.39 | 0.6 | 1.48 | 4.3 | -0.71 | -1 | -0.96 | -1.02 | -1.68 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.26 | 0.53 | 0.5 | 0.63 | 1.11 | 2.42 | 3 | 3.98 | 3.63 | 2.14 | 2.09 |
| EV/Core EBITDA(x) | 3.25 | 6.06 | 5.69 | 7.07 | -5.15 | -3.56 | -5.15 | -18.75 | 57.88 | 17.32 | 17.21 |
| Net Sales Growth(%) | 12.22 | -8.84 | -4.92 | -5.48 | -3.72 | -63.62 | -8.22 | 5.69 | 25.68 | 71.56 | 7.22 |
| EBIT Growth(%) | 22.21 | -0.33 | -1.54 | -8.45 | -429.6 | -14.13 | 21.09 | 60.2 | 130.1 | 264.13 | 5.46 |
| PAT Growth(%) | 36.91 | -20.72 | 16.38 | -27.04 | -1168.06 | -10.29 | 15.97 | 41.25 | 61.09 | 73.32 | 172.69 |
| EPS Growth(%) | 36.93 | -20.73 | 16.36 | -27.05 | -1168.36 | -10.29 | 15.97 | 41.25 | 61.09 | 73.32 | 172.72 |
| Debt/Equity(x) | 0.51 | 0.62 | 0.49 | 0.4 | 1.55 | 11.28 | -4.17 | -2.9 | -2.88 | -2.88 | -2.57 |
| Current Ratio(x) | 1.56 | 1.48 | 1.26 | 1.32 | 0.57 | 0.33 | 0.2 | 0.21 | 0.5 | 0.65 | 0.14 |
| Quick Ratio(x) | 1.29 | 1.28 | 1.12 | 0.98 | 0.4 | 0.19 | 0.19 | 0.15 | 0.08 | 0.16 | 0.07 |
| Interest Cover(x) | 2.04 | 1.72 | 1.99 | 1.77 | -5.48 | -5.99 | -3.9 | -1.19 | 0.29 | 0.84 | 1.12 |
| Total Debt/Mcap(x) | 1.6 | 0.83 | 1.26 | 0.66 | 1.04 | 2.62 | 5.87 | 2.9 | 3.01 | 2.83 | 1.53 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 51.42 | 51.42 | 51.42 | 51.42 | 51.42 | 51.42 | 51.42 | 51.42 | 51.42 | 51.42 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 |
| Public | 48.3 | 48.3 | 48.3 | 48.3 | 48.3 | 48.3 | 48.3 | 48.3 | 48.3 | 48.3 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 2.78 | 2.78 | 2.78 | 2.78 | 2.78 | 2.78 | 2.78 | 2.78 | 2.78 | 2.78 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Public | 2.62 | 2.62 | 2.62 | 2.62 | 2.62 | 2.62 | 2.62 | 2.62 | 2.62 | 2.62 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5.42 | 5.42 | 5.42 | 5.42 | 5.42 | 5.42 | 5.42 | 5.42 | 5.42 | 5.42 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 51.42 | 51.42 | 51.42 | 51.42 | 51.42 | 51.42 | 51.42 | 51.42 | 51.42 | 51.42 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 | 0.28 |
| Public | 48.58 | 48.58 | 48.58 | 48.58 | 48.58 | 48.58 | 48.58 | 48.58 | 48.58 | 48.58 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 2.78 | 2.78 | 2.78 | 2.78 | 2.78 | 2.78 | 2.78 | 2.78 | 2.78 | 2.78 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Public | 2.63 | 2.63 | 2.63 | 2.63 | 2.63 | 2.63 | 2.63 | 2.63 | 2.63 | 2.63 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5.42 | 5.42 | 5.42 | 5.42 | 5.42 | 5.42 | 5.42 | 5.42 | 5.42 | 5.42 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | +10% | +32% | +18% | -4% |
| Operating Profit CAGR | 0% | — | — | 0% |
| PAT CAGR | — | — | — | -100% |
| Share Price CAGR | -23% | +15% | +24% | +6% |
| ROE Average | 0% | 0% | 0% | -16% |
| ROCE Average | +14% | +10% | -3% | -3% |
* The pros and cons are machine generated.
Our experts help you choose the right stocks based on performance, risk, and growth potential.
Looking to buy unlisted shares or need guidance on the investment process? Our expert Private Equity Advisors are here to assist you with accurate information, real-time pricing, and seamless execution.
Want to sell unlisted shares, liquidate your ESOPs, or understand the step-by-step process of liquidation? Connect with our Buying Team for smooth coordination, quick evaluations, and end-to-end support.
Planning to build or grow your portfolio? For Mutual Fund investments, PMS solutions, tailored portfolio creation, and overall wealth management, our dedicated Wealth Team is ready to guide you.