Music Broadcast Ltd

Music Broadcast Ltd

₹ 12.0 -1.23%
21 Nov - close price
About

Incorporated in 1999, Music Broadcast
Ltd is in the business of operating Private
FM radio stations through the brand Radio
City[1]

Key Points

Business Overview:[1]
MBL, a part of the Jagran Prakashan Ltd Group, was India's pioneering private FM radio broadcaster. It holds the second-largest market share in radio, estimated at around 20% in FY23. Operating under the Radio City brand, MBL runs FM radio channels and 17 web-based stations across 39 cities in India. Its primary revenue stream is advertising.

  • Market Cap 417 Cr.
  • Current Price 12.0
  • High / Low 25.4 / 11.3
  • Stock P/E 8.88
  • Book Value
  • Dividend Yield 0.00 %
  • ROCE 21.7 %
  • ROE 139 %
  • Face Value 2.00

Pros

Cons

  • Company might be capitalizing the interest cost
  • Working capital days have increased from 240 days to 433 days

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Operating Profit
OPM %
Interest
Depreciation
Profit before tax
Tax %
EPS in Rs
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015
154 201
112 139
Operating Profit 42 62
OPM % 27% 31%
4 7
Interest 6 6
Depreciation 15 16
Profit before tax 25 47
Tax % 0% 0%
25 47
EPS in Rs 0.94 1.79
Dividend Payout % 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 30%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: 90%
Stock Price CAGR
10 Years: %
5 Years: -13%
3 Years: -20%
1 Year: -20%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: 139%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015
Equity Capital 39 39
Reserves -29 18
128 293
28 43
Total Liabilities 167 393
32 19
CWIP 0 0
Investments 1 1
134 374
Total Assets 167 393

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015
45 61
-13 -197
-26 160
Net Cash Flow 6 24

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2014 Mar 2015
Debtor Days 139 131
Inventory Days
Days Payable
Cash Conversion Cycle 139 131
Working Capital Days 48 433
ROCE % 22%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.05% 74.05% 74.05% 74.05% 74.05% 74.05% 74.05% 74.05% 74.05% 74.05% 74.05% 74.05%
0.14% 0.16% 0.13% 0.14% 0.09% 0.00% 0.00% 0.00% 0.04% 0.28% 0.03% 0.03%
5.47% 5.47% 5.47% 5.47% 5.47% 5.06% 4.90% 1.40% 0.00% 0.00% 0.00% 0.00%
20.34% 20.31% 20.35% 20.34% 20.40% 20.89% 21.06% 24.55% 25.91% 25.67% 25.92% 25.91%
No. of Shareholders 34,11133,62033,10231,50530,11632,64632,93334,80643,74253,69852,26751,881

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls