RADIOCITYConsumer Discretionary

Music Broadcast Limited

Media & Entertainment · ISIN INE919I01024 · BSE 540366 · NSE EQ · FV ₹2
Last price
₹6
+4.86%today
What this company does

Music Broadcast Limited operates in Media & Entertainment, part of the Consumer Discretionary sector. It booked ₹41 cr of revenue in its latest quarter (Q2 FY27) and kept 16.3% of sales as profit. It is the 8th largest of 9 Media & Entertainment companies we track, by market value.

“The Company is engaged in the business of radio broadcasting and other related activities under the 'Radio City' brand in India.”
In the report:
74out of 100
Equitytale Health Score
Solid

Healthier than 74% of companies in Consumer Discretionary, on all six measures of filed financials. Each measure is ranked against the 294–428 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
neutral
RSI (14)
37

At close. Not part of the score.

Profitability & returns55

How much profit it earns on the money it employs

Balance sheet92

How much it owes, and whether earnings cover the interest

Cash quality90

Whether reported profit actually arrives as cash

Growth & consistency34

Whether sales and profit have grown, and how steadily

Valuation89

What today's price implies, against our models or its peers

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
✓ Makes a profit
✓ Strong 16% net margin
✓ Sales up 8% vs last year
✓ Promoters hold 74%
✓ No promoter shares pledged
✓ Virtually debt-free
✓ Turns profit into real cash
Watch-outs
! Low 5.8% return on equity

What if I invest in RADIOCITY?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 0% a year, it would become
₹12.00 lakh

The slider starts at 0%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹6▲ +4.86%
latest close · 2026-11-04
1-year return
-76.9%
52-wk low ₹552-wk high ₹28
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio7.4Low
LowAverageHigh
P/B ratio0.42Below book
Below bookModerateHigh
EV / EBITDA3.5Low
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity5.8%Weak
WeakFairStrong ▸15%
Return on capital8.0%Fair
WeakFairStrong
Net margin16.3%Strong
ThinDecentStrong
EBITDA margin33.2%Healthy
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.00Comfortable
LowModerateHigh ▸1
Interest cover15.3×Strong
RiskyOkayStrong ▸5×
Current ratio6.85Ample
Tight ◂1HealthyAmple
More figures
Market cap
₹194 cr
Book value
₹13
EPS
₹0.19
latest quarter
Net debt
₹-2 cr
more cash than debt
Enterprise value
₹192 cr
EBITDA
₹54 cr
annualised
EBIT
₹38 cr
annualised
Operating margin
23.3%
Return on assets
5.2%
Earnings yield
13.55%
P/S
1.18
Sales / share
₹4.7
Tax rate
25.2%
Face value
₹2
Shares
34.6 cr
Working capital
₹188 cr
Current assets
₹220 cr
Current liabilities
₹32 cr
Delivery %
76.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.

Worth vs price · from the FY 2025 report & filings
not investment advice
Hard to value confidentlyLow confidence
One year's profit is a one-off (far above the multi-year norm), so its recurring earnings power is unclear.
Models span ₹2–₹3, midpoint ₹2

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q2 FY27 (consolidated)
Revenue from Operations₹41 cr
Other Income₹7 cr
Total Income₹48 cr
Cost of Materials₹0 cr
Purchases of Stock-in-Trade₹0 cr
Employee Benefit Expense₹13 cr
Finance Costs₹62.4 L
Depreciation & Amortisation₹4 cr
Other Expenses₹22 cr
Total Expenses₹39 cr
Profit before Tax₹9 cr
Tax Expense₹2 cr
Net Profit₹7 cr
Net margin on total income13.8%
Where the money goes · Q2 FY27
% of total income
Employee benefit expense₹13 cr26.5%
Finance costs₹62.4 L1.3%
Depreciation & amortisation₹4 cr8.4%
Other expenses₹22 cr45.4%
Tax expense₹2 cr4.7%
Profit for the period₹7 cr13.8%
Total income ₹48 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ4 FY26Q1 FY27Q2 FY27
Revenue41 cr45 cr41 cr
Total income45 cr53 cr48 cr
Expenses96 cr40 cr39 cr
Profit before tax-51 cr12 cr9 cr
Tax-3 cr3 cr2 cr
Net profit (owners' share)-48 cr9 cr7 cr
Net margin (owners' share, on revenue)-117.6%20.7%16.3%
EPS (₹)-1.390.270.19
YoY (latest quarter): total income +8.4% · net profit —
Balance sheet & cash flow · as of Sep 2026
Debt-free
Total assets
₹510 cr
Shareholder equity
₹461 cr
parent shareholders
Total debt
₹0 cr
Cash
₹2 cr
Cash flow · H1 FY27
Operating
₹18 cr
Investing
₹-17 cr
Financing
₹-3 cr
Peer comparison
Media & Entertainment · by market value
CompanyPriceMarket capP/E
Prime Focus Limited₹290₹22,483 cr—
Saregama India Limited₹562₹10,839 cr52.2
Tips Music Limited₹787₹10,011 cr38.2
Network18 Media & Investments Limited₹25₹3,893 cr18.7
Balaji Telefilms Limited₹88₹1,068 cr11.9
Entertainment Network (India) Limited₹85₹404 cr—
Shemaroo Entertainment Limited₹98₹283 cr—
Music Broadcast Limitedthis company₹5₹185 cr7.0
Next Mediaworks Limited₹3₹21 cr0.1
Same industry · latest reported numbers · not a recommendation.
Corporate actions
ActionDetailEx-date
Bonus issue4:112 Mar 2020
Stock splitStock Split From Rs.10/- to Rs.2/-20 Feb 2019
Who owns it · 2026-09-30
No pledge
Promoter
74.0%
FII / Foreign
0.0%
DII / Domestic
3.8%
Retail / others
22.2%
Smart-money activity
Insider trades
SoldRSMA ADVISORS PRIVATE LIMITED · Promoter Group29.16 L · ₹6.6 cr27 Jun 22
BoughtJAGRAN PRAKASHAN LIMITED · Promoters29.16 L · ₹6.6 cr27 Jun 22
SoldRUCHI GUPTA · Promoter Group29.16 L20 Dec 21
Bulk / block deals
BoughtLRSD SECURITIES PRIVATE LIMITED · NSE18.32 L @ ₹10.0125 Mar 25
SoldHRTI PRIVATE LIMITED · NSE19.65 L @ ₹20.4910 Jan 24
BoughtHRTI PRIVATE LIMITED · NSE17.06 L @ ₹20.610 Jan 24
Stake changes
SoldFranklin Templeton Mutual Fund→ 2.90% · 5.00 L11 Sep 23
SoldFranklin Templeton Mutual Fund (through its various schemes)→ 5.04% · 70,8762 Jun 23
AcqisitionJAGRAN PRAKASHAN LIMITED · promoter→ 74.05% · 29.16 L27 Jun 22
What shareholders were asked to approve

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Yearly shareholder meeting · 2 Sep 2026
See the official result
1
Adoption of Financial Statements, Director's Report and Statutory Auditor's Report for the financial year ended March 31, 2026.
Backed by 99% of shareholders other than promotersneeded 50%
2.31 L votes for, 1,257 against
2
Confirm the payment of Interim Dividend to Non-Cumulative Preference Shares ("NCRPS") Holders.
Backed by 99% of shareholders other than promotersneeded 50%
2.31 L votes for, 1,257 against
3
Appoint a Director in place of Mr. Rahul Gupta (DIN: 00359182) who retires from office by rotation, and being eligible, offers himself for re-appointment.
Backed by 99% of shareholders other than promotersneeded 50%
2.31 L votes for, 1,267 against
4
Ratification of Cost Auditor’s remuneration for the financial year ended March 31, 2027.
Backed by 99% of shareholders other than promotersneeded 50%
2.31 L votes for, 1,267 against

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 2 named members
owning 74.0% between them · as of 2026-09-30
JAGRAN PRAKASHAN LIMITED74.05%
RUCHI GUPTAno shares

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.