Reported Earnings • 12h
First quarter 2027 earnings released: EPS: ₹0.27 (vs ₹0.06 loss in 1Q 2026) First quarter 2027 results: EPS: ₹0.27 (up from ₹0.06 loss in 1Q 2026). Revenue: ₹527.4m (up 6.9% from 1Q 2026). Net income: ₹92.2m (up ₹114.0m from 1Q 2026). Profit margin: 18% (up from net loss in 1Q 2026). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Annonce • Jul 22
Music Broadcast Limited Announces Senior Management Personnel Designations, Effective July 22, 2026 Music Broadcast Limited informed that the Board of Directors, at its meeting held on July 22, 2026, based on the recommendation of the Nomination and Remuneration Committee, approved the identification and designation of Ms. Anurita Patel and Ms. Milli Shah as Senior Management Personnel of the Company in terms of Regulation 16(1)(d) of the Listing Regulations, with effect from July 22, 2026. Ms. Anurita Patel heads National Programming and is identified and designated as Senior Management Personnel of the Company pursuant to Regulation 16(1)(d) of the Listing Regulations. Ms. Milli Shah heads Commercial and Administration and is identified and designated as Senior Management Personnel of the Company pursuant to Regulation 16(1)(d) of the Listing Regulations. The terms of appointment are existing full-time employment with the Company. There is no change in the terms and conditions of employment. Annonce • Jul 10
Music Broadcast Limited to Report Q1, 2027 Results on Jul 22, 2026 Music Broadcast Limited announced that they will report Q1, 2027 results on Jul 22, 2026 Buy Or Sell Opportunity • Jun 16
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 20% to ₹6.36. The fair value is estimated to be ₹5.24, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • May 23
Full year 2026 earnings released: ₹1.54 loss per share (vs ₹0.98 loss in FY 2025) Full year 2026 results: ₹1.54 loss per share (further deteriorated from ₹0.98 loss in FY 2025). Revenue: ₹2.01b (down 14% from FY 2025). Net loss: ₹533.2m (loss widened 58% from FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. New Risk • Feb 03
New major risk - Revenue and earnings growth Earnings have declined by 14% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 14% per year over the past 5 years. Minor Risk Market cap is less than US$100m (₹2.10b market cap, or US$23.2m). Reported Earnings • Feb 03
Third quarter 2026 earnings released: EPS: ₹0.11 (vs ₹0.10 in 3Q 2025) Third quarter 2026 results: EPS: ₹0.11 (up from ₹0.10 in 3Q 2025). Revenue: ₹548.1m (down 16% from 3Q 2025). Net income: ₹36.8m (up 2.3% from 3Q 2025). Profit margin: 6.7% (up from 5.5% in 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 85 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 31
Second quarter 2026 earnings released: ₹0.20 loss per share (vs ₹0.06 loss in 2Q 2025) Second quarter 2026 results: ₹0.20 loss per share (further deteriorated from ₹0.06 loss in 2Q 2025). Revenue: ₹446.8m (down 19% from 2Q 2025). Net loss: ₹68.8m (loss widened 245% from 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 84 percentage points per year, which is a significant difference in performance. Annonce • Sep 18
Music Broadcast Limited Appoints Divya Rupchand Karani as Non-Executive Independent Director Music Broadcast Limited announced that at the AGM held on September 17, 2025 approved the appointment of Ms. Divya Rupchand Karani as Non-Executive Independent Director of the company. Annonce • Aug 12
Music Broadcast Limited, Annual General Meeting, Sep 17, 2025 Music Broadcast Limited, Annual General Meeting, Sep 17, 2025, at 13:00 Indian Standard Time. Reported Earnings • Jul 25
First quarter 2026 earnings released: ₹0.06 loss per share (vs ₹0.07 profit in 1Q 2025) First quarter 2026 results: ₹0.06 loss per share (down from ₹0.07 profit in 1Q 2025). Revenue: ₹563.4m (down 5.5% from 1Q 2025). Net loss: ₹21.7m (down 184% from profit in 1Q 2025). Annonce • Jul 14
Music Broadcast Limited to Report Q1, 2026 Results on Jul 24, 2025 Music Broadcast Limited announced that they will report Q1, 2026 results on Jul 24, 2025 Board Change • Jun 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 3 highly experienced directors. Independent Director Ravi Sardana was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 21
Full year 2025 earnings released: ₹0.98 loss per share (vs ₹0.20 profit in FY 2024) Full year 2025 results: ₹0.98 loss per share (down from ₹0.20 profit in FY 2024). Revenue: ₹2.61b (up 14% from FY 2024). Net loss: ₹338.4m (down ₹406.8m from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has only fallen by 25% per year, which means it has not declined as severely as earnings. Annonce • May 20
Music Broadcast Limited Announces Board and Committee Changes Music Broadcast Limited announced that Mr. Vijay Tandon (DIN: 00156305), has resigned from the position of the Chairman and Non- Executive Independent Director of the Company, with effect from close of business hours on May 19, 2025, due to health reasons. Consequent to his resignation from the Board, he ceased to be the Chairperson of the Audit Committee, Risk Management Committee and as the Member of Nomination & Remuneration Committee of the Company, with effect from close of business hours on May 19, 2025. Consequent, upon the resignation of Mr. Vijay Tandon, Mr. Madhukar Kamath-Non- Executive Independent Director was appointed as the Non- Executive Chairman of the Board of Directors of the Company, effective from May 20, 2025. The Board has also approved the re-constitution of the following Committees as mentioned below, effective from May 20, 2025: Audit Committee, Nomination & Remuneration Committee, and Risk Management Committee. In the Audit Committee, Mr. Ravi Sardana serves as the Chairman, with Mr. Madhukar Kamath and Mr. Anuj Puri as Members. In the Nomination & Remuneration Committee, Mr. Anuj Puri is the Chairman, with Mr. Ravi Sardana, Mr. Shailesh Gupta and Mr. Anita Nayyar as Members. Lastly, in the Risk Management Committee, Mr. Shailesh Gupta holds the position of Chairman, with Mr. Anita Nayyar and Mr. Ashit Kukian as Members. Valuation Update With 7 Day Price Move • May 20
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹10.83, the stock trades at a trailing P/E ratio of 52.2x. Average trailing P/E is 21x in the Media industry in India. Total loss to shareholders of 54% over the past three years. Annonce • May 10
Music Broadcast Limited to Report Q4, 2025 Results on May 20, 2025 Music Broadcast Limited announced that they will report Q4, 2025 results on May 20, 2025 Buy Or Sell Opportunity • May 06
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 19% to ₹9.41. The fair value is estimated to be ₹11.78, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Apr 04
Now 22% undervalued after recent price drop Over the last 90 days, the stock has fallen 24% to ₹9.31. The fair value is estimated to be ₹11.98, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Meanwhile, the company has become profitable. Reported Earnings • Jan 29
Third quarter 2025 earnings released: EPS: ₹0.10 (vs ₹0.07 in 3Q 2024) Third quarter 2025 results: EPS: ₹0.10 (up from ₹0.07 in 3Q 2024). Revenue: ₹721.3m (up 19% from 3Q 2024). Net income: ₹36.0m (up 40% from 3Q 2024). Profit margin: 5.0% (up from 4.3% in 3Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 88% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Annonce • Jan 17
Music Broadcast Limited to Report Q3, 2025 Results on Jan 28, 2025 Music Broadcast Limited announced that they will report Q3, 2025 results on Jan 28, 2025 Reported Earnings • Oct 26
Second quarter 2025 earnings released: ₹0.06 loss per share (vs ₹0.011 profit in 2Q 2024) Second quarter 2025 results: ₹0.06 loss per share (down from ₹0.011 profit in 2Q 2024). Revenue: ₹613.2m (up 17% from 2Q 2024). Net loss: ₹19.9m (down ₹23.6m from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 108% per year but the company’s share price has fallen by 19% per year, which means it is significantly lagging earnings. Annonce • Oct 14
Music Broadcast Limited to Report Q2, 2025 Results on Oct 24, 2024 Music Broadcast Limited announced that they will report Q2, 2025 results on Oct 24, 2024 Price Target Changed • Aug 17
Price target increased by 24% to ₹18.00 Up from ₹14.50, the current price target is provided by 1 analyst. New target price is 19% above last closing price of ₹15.13. Stock is up 12% over the past year. The company posted earnings per share of ₹0.20 last year. Reported Earnings • Jul 29
Full year 2024 earnings released: EPS: ₹0.20 (vs ₹0.10 in FY 2023) Full year 2024 results: EPS: ₹0.20 (up from ₹0.10 in FY 2023). Revenue: ₹2.29b (up 15% from FY 2023). Net income: ₹68.4m (up 99% from FY 2023). Profit margin: 3.0% (up from 1.7% in FY 2023). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Annonce • Jul 22
Music Broadcast Limited to Report Q1, 2025 Results on Aug 01, 2024 Music Broadcast Limited announced that they will report Q1, 2025 results on Aug 01, 2024 Annonce • Jul 16
Music Broadcast Limited, Annual General Meeting, Aug 21, 2024 Music Broadcast Limited, Annual General Meeting, Aug 21, 2024, at 13:00 Indian Standard Time. Reported Earnings • May 23
Full year 2024 earnings released: EPS: ₹0.20 (vs ₹0.10 in FY 2023) Full year 2024 results: EPS: ₹0.20 (up from ₹0.10 in FY 2023). Revenue: ₹2.52b (up 27% from FY 2023). Net income: ₹68.4m (up 99% from FY 2023). Profit margin: 2.7% (up from 1.7% in FY 2023). Over the last 3 years on average, earnings per share has increased by 111% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. New Risk • Jan 24
New major risk - Revenue and earnings growth Earnings have declined by 50% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 50% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (8.0% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (₹6.81b market cap, or US$81.9m). Reported Earnings • Jan 24
Third quarter 2024 earnings released: EPS: ₹0.07 (vs ₹0.12 in 3Q 2023) Third quarter 2024 results: EPS: ₹0.07 (down from ₹0.12 in 3Q 2023). Revenue: ₹662.4m (up 21% from 3Q 2023). Net income: ₹25.7m (down 37% from 3Q 2023). Profit margin: 3.9% (down from 7.5% in 3Q 2023). Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Media industry in India. Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. New Risk • Dec 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.2% net profit margin). Market cap is less than US$100m (₹5.76b market cap, or US$69.0m). Reported Earnings • Oct 29
Second quarter 2024 earnings released Second quarter 2024 results: EPS: ₹0.01. Revenue: ₹581.5m (up 20% from 2Q 2023). Net income: ₹3.66m (up 254% from 2Q 2023). Profit margin: 0.6% (up from 0.2% in 2Q 2023). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Media industry in India. Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Annonce • Oct 28
Music Broadcast Limited Announces the Resignation of Kartik Kalla as Chief Creative Officer (Senior Management Personnel) Music Broadcast Limited announced that Mr. Kartik Kalla, Chief Creative Officer (Senior Management Personnel) of the Company has, tendered his resignation, The Company has accepted his resignation with effect from October 25, 2023. New Risk • Jul 28
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.1% Last year net profit margin: 3.8% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.1% net profit margin). Market cap is less than US$100m (₹4.15b market cap, or US$50.5m). Reported Earnings • Jul 28
First quarter 2024 earnings released First quarter 2024 results: EPS: ₹0.03. Revenue: ₹586.7m (up 33% from 1Q 2023). Net income: ₹9.36m (up ₹9.26m from 1Q 2023). Profit margin: 1.6% (up from 0% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 10% growth forecast for the Media industry in India. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Annonce • Jul 13
Music Broadcast Limited, Annual General Meeting, Aug 22, 2023 Music Broadcast Limited, Annual General Meeting, Aug 22, 2023, at 11:30 Indian Standard Time. Reported Earnings • May 25
Full year 2023 earnings released: EPS: ₹0.10 (vs ₹0.17 loss in FY 2022) Full year 2023 results: EPS: ₹0.10 (up from ₹0.17 loss in FY 2022). Revenue: ₹2.19b (up 30% from FY 2022). Net income: ₹34.4m (up ₹91.4m from FY 2022). Profit margin: 1.6% (up from net loss in FY 2022). Revenue is forecast to grow 12% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the Media industry in India. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 5% per year. Annonce • May 13
Music Broadcast Limited to Report Q4, 2023 Results on May 23, 2023 Music Broadcast Limited announced that they will report Q4, 2023 results on May 23, 2023 Buying Opportunity • Mar 27
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 59%. The fair value is estimated to be ₹12.71, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 8.3% over the last 3 years. Meanwhile, the company has become profitable. Board Change • Feb 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Independent Director Ravi Sardana was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Jan 26
Third quarter 2023 earnings released: EPS: ₹0.12 (vs ₹0.26 in 3Q 2022) Third quarter 2023 results: EPS: ₹0.12 (down from ₹0.26 in 3Q 2022). Revenue: ₹546.7m (down 8.7% from 3Q 2022). Net income: ₹40.9m (down 55% from 3Q 2022). Profit margin: 7.5% (down from 15% in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Valuation Update With 7 Day Price Move • Jan 19
Investor sentiment deteriorated over the past week After last week's 39% share price decline to ₹16.20, the stock trades at a trailing P/E ratio of 79.3x. Average trailing P/E is 24x in the Media industry in India. Total loss to shareholders of 25% over the past three years. Annonce • Jan 14
Music Broadcast Limited to Report Q3, 2023 Results on Jan 24, 2023 Music Broadcast Limited announced that they will report Q3, 2023 results on Jan 24, 2023 Reported Earnings • Nov 01
Second quarter 2023 earnings released Second quarter 2023 results: Revenue: ₹534.7m (up 27% from 2Q 2022). Net income: ₹1.03m (down 65% from 2Q 2022). Profit margin: 0.2% (down from 0.7% in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 90 percentage points per year, which is a significant difference in performance. Annonce • Oct 22
Music Broadcast Limited to Report Q2, 2023 Results on Oct 31, 2022 Music Broadcast Limited announced that they will report Q2, 2023 results on Oct 31, 2022 Reported Earnings • Aug 03
Full year 2022 earnings released: ₹0.17 loss per share (vs ₹0.70 loss in FY 2021) Full year 2022 results: ₹0.17 loss per share (up from ₹0.70 loss in FY 2021). Revenue: ₹1.68b (up 32% from FY 2021). Net loss: ₹57.0m (loss narrowed 76% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 94 percentage points per year, which is a significant difference in performance. Annonce • Jul 26
Music Broadcast Limited to Report Q1, 2023 Results on Aug 03, 2022 Music Broadcast Limited announced that they will report Q1, 2023 results at 3:30 PM, Indian Standard Time on Aug 03, 2022 Annonce • Jul 19
Music Broadcast Limited, Annual General Meeting, Aug 23, 2022 Music Broadcast Limited, Annual General Meeting, Aug 23, 2022, at 14:00 Indian Standard Time. Annonce • Jul 14
Radio City Appoints Alok Barua as Chief Innovation Officer - Digital Transformation Radio City has appointed Alok Barua as Chief Innovation Officer - Digital Transformation. Alok joins Radio City from Sony Pictures Networks India, where he was Head - Revenue Application (Ad-Sales andSubscription). This is Alok's second stint with Radio City. In his earlier stint, Alok was associated with the radio station in the capacity of Group CTO, Executive Vice President - Technology. In his new role as the ChiefInnovation Officer - Digital Transformation, Alok will be responsible for establishing a robust digital business strategy for Radio City and contributing to increasing the digital revenue share. He has rich experience spanning over two decades in large media/broadcast enterprises, internet security, and digital portal market. Price Target Changed • Jun 22
Price target increased to ₹26.67 Up from ₹24.00, the current price target is provided by 1 analyst. New target price is 25% above last closing price of ₹21.35. Stock is down 21% over the past year. The company posted a net loss per share of ₹0.16 last year. Reported Earnings • May 27
Full year 2022 earnings released: ₹0.16 loss per share (vs ₹0.70 loss in FY 2021) Full year 2022 results: ₹0.16 loss per share (up from ₹0.70 loss in FY 2021). Revenue: ₹1.68b (up 32% from FY 2021). Net loss: ₹57.0m (loss narrowed 76% from FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 81 percentage points per year, which is a significant difference in performance. Price Target Changed • Apr 27
Price target increased to ₹24.00 Up from ₹22.00, the current price target is provided by 1 analyst. New target price is 5.9% below last closing price of ₹25.50. Stock is up 8.5% over the past year. The company posted a net loss per share of ₹0.70 last year. Reported Earnings • Jan 25
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.26 (up from ₹0.002 in 3Q 2021). Revenue: ₹637.7m (up 57% from 3Q 2021). Net income: ₹90.1m (up ₹89.3m from 3Q 2021). Profit margin: 14% (up from 0.2% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Price Target Changed • Jan 20
Price target increased to ₹24.00 Up from ₹22.00, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₹24.15. Stock is up 4.3% over the past year. The company posted a net loss per share of ₹0.70 last year. Reported Earnings • Oct 22
Second quarter 2022 earnings released: EPS ₹0.01 (vs ₹0.19 loss in 2Q 2021) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2022 results: Revenue: ₹468.3m (up 56% from 2Q 2021). Net income: ₹2.92m (up ₹67.8m from 2Q 2021). Profit margin: 0.6% (up from net loss in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 73 percentage points per year, which is a significant difference in performance. Reported Earnings • Jul 23
First quarter 2022 earnings released: ₹0.37 loss per share (vs ₹0.40 loss in 1Q 2021) The company reported a solid first quarter result with reduced losses, improved revenues and improved control over expenses. First quarter 2022 results: Revenue: ₹243.6m (up 70% from 1Q 2021). Net loss: ₹129.4m (loss narrowed 6.8% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 65 percentage points per year, which is a significant difference in performance. Price Target Changed • Jul 08
Price target decreased to ₹22.00 Down from ₹23.67, the current price target is provided by 1 analyst. New target price is 15% below last closing price of ₹25.85. Stock is up 49% over the past year. Recent Insider Transactions • May 30
Insider recently sold ₹1.2m worth of stock On the 25th of May, Maitrai Agarwal sold around 50k shares on-market at roughly ₹23.82 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹40m. Insiders have been net sellers, collectively disposing of ₹133m more than they bought in the last 12 months. Reported Earnings • May 22
Full year 2021 earnings released: ₹0.70 loss per share (vs ₹0.82 profit in FY 2020) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2021 results: Revenue: ₹1.43b (down 43% from FY 2020). Net loss: ₹241.9m (down 186% from profit in FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 46 percentage points per year, which is a significant difference in performance. Recent Insider Transactions • Mar 31
Non-Executive Director recently sold ₹40m worth of stock On the 26th of March, Apurva Purohit sold around 2m shares on-market at roughly ₹23.42 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹96m more than they bought in the last 12 months. Recent Insider Transactions • Mar 07
Chief Financial Officer recently sold ₹246k worth of stock On the 3rd of March, Rajendra Agarwal sold around 10k shares on-market at roughly ₹25.00 per share. In the last 3 months, they made an even bigger sale worth ₹757k. Rajendra has been a seller over the last 12 months, reducing personal holdings by ₹4.7m. Recent Insider Transactions • Mar 05
Insider recently sold ₹224k worth of stock On the 24th of February, Maitrai Agarwal sold around 9k shares on-market at roughly ₹25.50 per share. In the last 3 months, there was an even bigger sale from another insider worth ₹757k. Insiders have been net sellers, collectively disposing of ₹54m more than they bought in the last 12 months. Recent Insider Transactions • Feb 21
Chief Financial Officer recently sold ₹757k worth of stock On the 17th of February, Rajendra Agarwal sold around 30k shares on-market at roughly ₹25.25 per share. This was the largest sale by an insider in the last 3 months. Rajendra has been a seller over the last 12 months, reducing personal holdings by ₹4.3m. Is New 90 Day High Low • Feb 17
New 90-day high: ₹25.50 The company is up 11% from its price of ₹22.95 on 19 November 2020. The Indian market is up 21% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 18% over the same period. Reported Earnings • Jan 22
Third quarter 2021 earnings released: EPS ₹0.002 The company reported a poor third quarter result with weaker earnings, revenues and profit margins. Third quarter 2021 results: Revenue: ₹456.8m (down 34% from 3Q 2020). Net income: ₹732.0k (down 99% from 3Q 2020). Profit margin: 0.2% (down from 15% in 3Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 29% per year, which means it has not declined as severely as earnings. Annonce • Jan 13
Music Broadcast Limited to Report Q3, 2021 Results on Jan 21, 2021 Music Broadcast Limited announced that they will report Q3, 2021 results on Jan 21, 2021 Is New 90 Day High Low • Jan 07
New 90-day high: ₹25.30 The company is up 42% from its price of ₹17.85 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 7.0% over the same period. Is New 90 Day High Low • Dec 09
New 90-day high: ₹24.25 The company is up 29% from its price of ₹18.85 on 10 September 2020. The Indian market is up 19% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 2.0% over the same period. Price Target Changed • Nov 16
Price target raised to ₹21.67 Up from ₹19.13, the current price target is provided by 1 analyst. The new target price is 7.4% below the current share price of ₹23.40. As of last close, the stock is down 2.5% over the past year. Is New 90 Day High Low • Nov 12
New 90-day high: ₹23.15 The company is up 27% from its price of ₹18.25 on 14 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 5.0% over the same period. Is New 90 Day High Low • Oct 26
New 90-day high: ₹22.95 The company is up 47% from its price of ₹15.60 on 28 July 2020. The Indian market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 14% over the same period. Reported Earnings • Oct 24
First half earnings released Over the last 12 months the company has reported total losses of ₹191.2m, with earnings decreasing by ₹807.3m from the prior year. Total revenue was ₹1.59b over the last 12 months, down 47% from the prior year. Annonce • Oct 16
Music Broadcast Limited to Report Q2, 2021 Results on Oct 22, 2020 Music Broadcast Limited announced that they will report Q2, 2021 results on Oct 22, 2020 Annonce • Jul 18
Music Broadcast Limited to Report Q1, 2021 Results on Jul 22, 2020 Music Broadcast Limited announced that they will report Q1, 2021 results on Jul 22, 2020