down arrow

Music Broadcast

  • Market Cap: Micro Cap
  • Industry: TV Broadcasting & Software
  • ISIN: INE919I01024
  • NSEID: RADIOCITY
  • BSEID: 540366
INR
9.71
0.4 (4.3%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 86.68 k

  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

52 Week

Valuation
Technical
Day's Volume

CASH

86.68 k (-0.82%) Volume

Shareholding (Dec 2024)

FII

0.02%

Held by 3 FIIs

DII

0.01%

Held by 0 DIIs

Promoter

74.05%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with a -144.90% 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 -5.17
  • The company has reported losses. Due to this company has reported negative ROCE
2

Flat results in Dec 24

3

Stock is technically in a Bearish range

4

Risky - Negative Operating Profits

5

Below par performance in long term as well as near term

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

TV Broadcasting & Software

stock-summary
Market cap

INR 336 Cr (Micro Cap)

stock-summary
P/E

45.00

stock-summary
Industry P/E

16

stock-summary
Dividend Yield

0.00%

stock-summary
Debt Equity

0.06

stock-summary
Return on Equity

1.35%

stock-summary
Price to Book

0.60

Revenue and Profits (1 Year):
Net Sales:
65 Cr
(Quarterly Results - Dec 2024)
Net Profit:
4 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-38.15%
0%
-38.15%
1 Year
-44.89%
0%
-44.89%
2 Years
-15.05%
0%
-15.05%
3 Years
-63.21%
0%
-63.21%
4 Years
-60.11%
0%
-60.11%
5 Years
-32.13%
0%
-32.13%

Music Broadcast for the last several years.

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-3.10%
EBIT Growth (5y)
-144.90%
EBIT to Interest (avg)
-5.17
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.30
Tax Ratio
47.08%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0.03%
ROCE (avg)
-2.75%
ROE (avg)
0.64%
Valuation key factors
Factor
Value
P/E Ratio
45
Industry P/E
16
Price to Book Value
0.60
EV to EBIT
-315.40
EV to EBITDA
10.60
EV to Capital Employed
0.63
EV to Sales
1.46
PEG Ratio
0.35
Dividend Yield
NA
ROCE (Latest)
-0.37%
ROE (Latest)
1.35%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Mildly Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Bearish
Dow Theory
Bearish
Bearish
OBV
Mildly Bearish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 3 FIIs (0.02%)

Promoter with highest holding

Jagran Prakashan Limited (74.05%)

Highest Public shareholder

Rajasthan Global Securities Private Limited (3.64%)

Individual Investors Holdings

18.6%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 8.17% vs 10.55% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 40.08% vs -37.16% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "65.38",
          "val2": "60.44",
          "chgp": "8.17%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "10.83",
          "val2": "9.50",
          "chgp": "14.00%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "2.87",
          "val2": "2.44",
          "chgp": "17.62%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "3.60",
          "val2": "2.57",
          "chgp": "40.08%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.56%",
          "val2": "15.72%",
          "chgp": "0.84%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 8.50% vs 13.68% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -54.62% vs 1,081.82% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "114.43",
          "val2": "105.47",
          "chgp": "8.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "12.27",
          "val2": "13.45",
          "chgp": "-8.77%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "5.69",
          "val2": "4.87",
          "chgp": "16.84%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.59",
          "val2": "1.30",
          "chgp": "-54.62%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.72%",
          "val2": "12.75%",
          "chgp": "-2.03%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 8.38% vs 12.52% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 8.27% vs -7.86% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "179.81",
          "val2": "165.91",
          "chgp": "8.38%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "23.10",
          "val2": "22.95",
          "chgp": "0.65%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "8.56",
          "val2": "7.31",
          "chgp": "17.10%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "4.19",
          "val2": "3.87",
          "chgp": "8.27%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.85%",
          "val2": "13.83%",
          "chgp": "-0.98%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 14.93% vs 18.07% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 98.84% vs 160.35% in Mar 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "228.54",
          "val2": "198.86",
          "chgp": "14.93%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "33.15",
          "val2": "23.07",
          "chgp": "43.69%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "9.90",
          "val2": "3.91",
          "chgp": "153.20%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "6.84",
          "val2": "3.44",
          "chgp": "98.84%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "14.51%",
          "val2": "11.60%",
          "chgp": "2.91%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
65.38
60.44
8.17%
Operating Profit (PBDIT) excl Other Income
10.83
9.50
14.00%
Interest
2.87
2.44
17.62%
Exceptional Items
0.00
0.00
Standalone Net Profit
3.60
2.57
40.08%
Operating Profit Margin (Excl OI)
16.56%
15.72%
0.84%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is 8.17% vs 10.55% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is 40.08% vs -37.16% in Dec 2023

Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
114.43
105.47
8.50%
Operating Profit (PBDIT) excl Other Income
12.27
13.45
-8.77%
Interest
5.69
4.87
16.84%
Exceptional Items
0.00
0.00
Standalone Net Profit
0.59
1.30
-54.62%
Operating Profit Margin (Excl OI)
10.72%
12.75%
-2.03%
Values in Rs Cr.
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 8.50% vs 13.68% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is -54.62% vs 1,081.82% in Sep 2023

Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
179.81
165.91
8.38%
Operating Profit (PBDIT) excl Other Income
23.10
22.95
0.65%
Interest
8.56
7.31
17.10%
Exceptional Items
0.00
0.00
Standalone Net Profit
4.19
3.87
8.27%
Operating Profit Margin (Excl OI)
12.85%
13.83%
-0.98%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 8.38% vs 12.52% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 8.27% vs -7.86% in Dec 2023

Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
228.54
198.86
14.93%
Operating Profit (PBDIT) excl Other Income
33.15
23.07
43.69%
Interest
9.90
3.91
153.20%
Exceptional Items
0.00
0.00
Standalone Net Profit
6.84
3.44
98.84%
Operating Profit Margin (Excl OI)
14.51%
11.60%
2.91%
Values in Rs Cr.
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 14.93% vs 18.07% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 98.84% vs 160.35% in Mar 2023

stock-summaryCompany CV
About Music Broadcast Ltd stock-summary
stock-summary
Music Broadcast Ltd
Micro Cap
TV Broadcasting & Software
Music Broadcast Limited was incorporated as Music Broadcast Private Limited on November 4, 1999, at Kolkata as a Private Limited Company. The Company converted into a Public Limited Company and the name of Company was changed to Music Broadcast Limited and pursuant to this, a Fresh Certificate of Incorporation was issued by the Registrar of Companies, Mumbai on June 25, 2015. The Company is engaged in the business of operating Private FM radio stations through the brand `Radio City'.
Company Coordinates stock-summary
Company Details
5th Floor RNA Corporate Park, W E HighwayKalanagar Bandra(E) Mumbai Maharashtra : 400051
stock-summary
Tel: 91-22-66969100
stock-summary
investor@myradiocity.com
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad