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Music Broadcast share price

Music Broadcast Ltd.

NSE: RADIOCITY BSE: 540366 SECTOR: TV Broadcasting & Software Production  26k   112   17

16.24
-0.03 (-0.18%)
BSE: 28 Mar 04:01 PM

Price Summary

Today's High

₹ 16.96

Today's Low

₹ 16.01

52 Week High

₹ 25.33

52 Week Low

₹ 10

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

561.39 Cr.

Enterprise Value

638.19 Cr.

No. of Shares

34.57 Cr.

P/E

180.65

P/B

1.06

Face Value

₹ 2

Div. Yield

0 %

Book Value (TTM)

₹  15.29

CASH

6.92 Cr.

DEBT

83.72 Cr.

Promoter Holding

74.05 %

EPS (TTM)

₹  0.09

Sales Growth

18.07%

ROE

0.61 %

ROCE

1.65%

Profit Growth

160.34 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

Your Added Ratios

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Brands

These are the brands of Music Broadcast Ltd.

Radio City 91.1FM PlanetRadioCity.com

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year18.07%
3 Year-7.07%
5 Year-7.79%

Profit Growth

1 Year160.34%
3 Year-50.41%
5 Year-41.85%

ROE%

1 Year0.61%
3 Year-1.41%
5 Year2.12%

ROCE %

1 Year1.65%
3 Year-1.31%
5 Year3.45%

Debt/Equity

0.1595

Price to Cash Flow

18.42

Interest Cover Ratio

2.54948116342074

CFO/PAT (5 Yr. Avg.)

3.05307106542917

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 74.05 0
Sep 2023 74.05 0
Jun 2023 74.05 0
Mar 2023 74.05 0
Dec 2022 74.05 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • Company has a healthy liquidity position with current ratio of 4.08408290212485.
  • The company has a good cash flow management; CFO/PAT stands at 3.05307106542917.
  • The company has a high promoter holding of 74.05%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 7.66275388486987.

 Limitations

  • The company has shown a poor profit growth of -50.4100420254242% for the Past 3 years.
  • The company has shown a poor revenue growth of -7.07393492971838% for the Past 3 years.
  • Company has a poor ROE of -1.40886443626353% over the past 3 years.
  • Company has a poor ROCE of -1.30780711225417% over the past 3 years
  • The company is trading at a high PE of 180.65.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 54.67 51.41 53.03 52.44 60.44
Total Expenditure 45.34 45.99 45.96 46.06 50.95
Operating Profit 9.34 5.42 7.07 6.38 9.49
Other Income 5.21 5.17 5.65 5.71 5.81
Interest 0.53 2.35 2.4 2.47 2.44
Depreciation 8.18 8.17 8.24 8.28 8.42
Exceptional Items 0 0 0 0 0
Profit Before Tax 5.84 0.07 2.08 1.34 4.44
Tax 1.74 0.83 1.15 0.97 1.87
Profit After Tax 4.09 -0.77 0.94 0.37 2.57
Adjusted EPS (Rs) 0.12 -0.02 0.03 0.01 0.07

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 324.71 247.82 127.59 168.43 198.86
Total Expenditure 212.24 190.68 138.82 157.4 175.79
Operating Profit 112.46 57.14 -11.23 11.03 23.07
Other Income 15.81 16.31 14.92 16.8 19.7
Interest 5.64 9.75 3.22 2.64 3.91
Depreciation 27.11 34.78 33.23 32.75 32.8
Exceptional Items 0 0 0 0 0
Profit Before Tax 95.53 28.92 -32.76 -7.56 6.06
Provision for Tax 33.91 0.71 -8.57 -1.86 2.62
Net Profit 61.62 28.21 -24.19 -5.7 3.44
Adjusted EPS (Rs.) 1.78 0.82 -0.7 -0.16 0.1

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 55.31 69.14 69.14 69.14 69.14
Total Reserves 548.01 562.65 540.63 534.46 455.61
Borrowings 15.63 0 0 0 83.72
Other N/C liabilities -0.43 18.23 2.21 -0.41 -3.55
Current liabilities 125.64 35.99 27.08 35.13 36.33
Total Liabilities 744.16 686 639.06 638.32 641.25
Assets
Net Block 309.95 309.12 282.94 254.98 232.99
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0.24
Investments 1.39 0 40.99 192.33 203.97
Loans & Advances 11.12 19.76 17.2 21.73 20.05
Other N/C Assets 7.24 6.28 6.07 16.72 35.63
Current Assets 414.47 350.84 291.86 152.56 148.38
Total Assets 744.16 686 639.06 638.32 641.25
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 95.53 28.92 -32.76 -7.56 6.06
Adjustment 17 33.9 25.27 25 20.31
Changes in Assets & Liabilities -8.7 -2.48 14.89 5.69 4.92
Tax Paid -18.29 -11.04 -1.95 -0.39 -0.8
Operating Cash Flow 85.53 49.29 5.45 22.74 30.48
Investing Cash Flow -43.92 32.21 3.84 -17.61 -23.79
Financing Cash Flow -39.93 -88.71 -7.01 -7.38 -7.91
Net Cash Flow 1.68 -7.21 2.28 -2.25 -1.21

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 74.05 74.05 74.05 74.05 74.05
jagran prakashan limited 74.05 74.05 74.05 74.05 74.05
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 25.95 25.95 25.95 25.95 25.95
rajasthan global securiti... 3.97 3.84 3.84 3.62 3.64
chandana salgaocar - - - 1.23 -
franklin india smaller co... 5.47 5.06 4.90 1.40 -
through mirabilis investm... 1.30 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

Music Broadcast - Quaterly Results23 Jan 2024, 5:20PM Music Broadcast - Quaterly Results23 Jan 2024, 5:20PM Music Broadcast - Quaterly Results23 Jan 2024, 5:20PM Music Broadcast - Quaterly Results26 Oct 2023, 6:15PM Music Broadcast - Quaterly Results26 Oct 2023, 6:15PM Music Broadcast informs about disclosures 12 Sep 2023, 4:52PM Music Broadcast - Quaterly Results27 Jul 2023, 4:56PM Music Broadcast - Quaterly Results27 Jul 2023, 4:56PM Music Broadcast - Quaterly Results27 Jul 2023, 4:56PM Music Broadcast submits annual report26 Jul 2023, 5:04PM Music Broadcast informs about newspaper advertisement13 Jul 2023, 5:12PM Music Broadcast informs about substantial acquisition of shares and takeovers6 Jun 2023, 4:22PM Music Broadcast - Quaterly Results23 May 2023, 5:35PM Music Broadcast - Quaterly Results23 May 2023, 5:35PM Music Broadcast informs about press release 2 May 2023, 12:32PM Music Broadcast - Quaterly Results24 Jan 2023, 5:30PM Music Broadcast - Quaterly Results24 Jan 2023, 5:30PM Music Broadcast - Quaterly Results24 Jan 2023, 5:30PM Music Broadcast informs about disclosure24 Dec 2022, 12:59PM Music Broadcast informs about outcome of board meeting31 Oct 2022, 5:24PM Music Broadcast - Quaterly Results31 Oct 2022, 5:08PM Music Broadcast - Quaterly Results31 Oct 2022, 5:08PM Music Broadcast - Quaterly Results31 Oct 2022, 5:08PM Music Broadcast wins ‘India’s Best Company of the Year 2022’ from Berkshire Media10 Oct 2022, 12:38PM Music Broadcast informs about certificate6 Oct 2022, 4:04PM Music Broadcast - Quaterly Results3 Aug 2022, 5:42PM Music Broadcast - Quaterly Results3 Aug 2022, 5:42PM Music Broadcast - Quaterly Results3 Aug 2022, 5:42PM Music Broadcast informs about newspaper publication19 Jul 2022, 2:27PM Music Broadcast informs about update25 Jun 2022, 4:20PM Music Broadcast informs about outcome of unsecured creditors meet25 Jun 2022, 11:30AM Music Broadcast - Quaterly Results24 May 2022, 5:52PM Music Broadcast - Quaterly Results24 May 2022, 5:52PM Music Broadcast informs about press release 2 May 2022, 5:38PM Music Broadcast informs about credit rating22 Apr 2022, 1:25PM Music Broadcast informs about certificate6 Apr 2022, 4:42PM Music Broadcast informs about disclosure9 Mar 2022, 5:01PM Music Broadcast - Quaterly Results24 Jan 2022, 5:58PM Music Broadcast informs about board meeting13 Oct 2021, 4:27PM Music Broadcast’s net loss narrows to Rs 13 crore in Q123 Jul 2021, 1:08PM Music Broadcast informs about newspaper advertisement23 Jul 2021, 12:19PM Music Broadcast informs about compliance certificate6 Jul 2021, 1:52PM Music Broadcast informs about clarification4 Jun 2021, 2:53PM Music Broadcast informs about newspaper advertisement21 May 2021, 12:04PM Music Broadcast informs about board meeting11 May 2021, 3:10PM Music Broadcast informs about press release1 Mar 2021, 1:28PM Music Broadcast informs about scheme of arrangement8 Feb 2021, 12:32PM Music Broadcast informs about newspaper advertisement22 Jan 2021, 2:36PM Music Broadcast’s Radio City, Mid-day to launch second edition of Hitlist OTT Awards20 Jan 2021, 1:41PM Music Broadcast submits newspaper advertisement14 Jan 2021, 1:33PM

Music Broadcast Stock Price Analysis and Quick Research Report. Is Music Broadcast an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Music Broadcast has a PE ratio of 179.64404894327 which is high and comparatively overvalued .

  • Share Price: - The current share price of Music Broadcast is Rs 16.15. One can use valuation calculators of ticker to know if Music Broadcast share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Music Broadcast has ROA of 0.537665543084947 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Music Broadcast has a Current ratio of 4.08408290212485 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Music Broadcast has a ROE of 0.609725456928513 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Music Broadcast has a D/E ratio of 0.1595 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Music Broadcast has an Inventory turnover ratio of 0 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Music Broadcast has reported revenue growth of 18.0675437065325 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Music Broadcast for the current financial year is 11.5997875907542 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Music Broadcast is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Music Broadcast
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