BSE:532700

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Entertainment Network (India)

Executive Summary

Entertainment Network (India) Limited, together with its subsidiary, operates FM radio broadcasting stations in India. More Details


Snowflake Analysis

Flawless balance sheet and slightly overvalued.


Similar Companies

Share Price & News

How has Entertainment Network (India)'s share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532700 is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: 532700's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

4.2%

532700

0.6%

IN Media

2.1%

IN Market


1 Year Return

-33.6%

532700

-13.4%

IN Media

7.0%

IN Market

Return vs Industry: 532700 underperformed the Indian Media industry which returned -13.8% over the past year.

Return vs Market: 532700 underperformed the Indian Market which returned 7% over the past year.


Shareholder returns

532700IndustryMarket
7 Day4.2%0.6%2.1%
30 Day4.6%1.2%9.1%
90 Day-10.5%-8.6%9.3%
1 Year-33.2%-33.6%-12.0%-13.4%9.0%7.0%
3 Year-79.4%-79.6%-60.0%-61.5%6.7%1.5%
5 Year-78.1%-78.3%-47.6%-50.0%53.5%42.0%

Long-Term Price Volatility Vs. Market

How volatile is Entertainment Network (India)'s share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Entertainment Network (India) undervalued compared to its fair value and its price relative to the market?

11.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 532700 (₹153.6) is trading below our estimate of fair value (₹174.04)

Significantly Below Fair Value: 532700 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 532700 is unprofitable, so we can't compare its PE Ratio to the IN Media industry average.

PE vs Market: 532700 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532700's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532700 is good value based on its PB Ratio (0.9x) compared to the IN Media industry average (1.3x).


Next Steps

Future Growth

How is Entertainment Network (India) forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

144.1%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 532700 is forecast to remain unprofitable over the next 3 years.

Earnings vs Market: 532700 is forecast to remain unprofitable over the next 3 years.

High Growth Earnings: 532700 is forecast to remain unprofitable over the next 3 years.

Revenue vs Market: 532700's revenue (29.2% per year) is forecast to grow faster than the Indian market (11.5% per year).

High Growth Revenue: 532700's revenue (29.2% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: Insufficient data to determine if 532700's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Entertainment Network (India) performed over the past 5 years?

-40.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532700 is currently unprofitable.

Growing Profit Margin: 532700 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 532700 is unprofitable, and losses have increased over the past 5 years at a rate of 40.4% per year.

Accelerating Growth: Unable to compare 532700's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 532700 is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (-24.3%).


Return on Equity

High ROE: 532700 has a negative Return on Equity (-6.59%), as it is currently unprofitable.


Next Steps

Financial Health

How is Entertainment Network (India)'s financial position?


Financial Position Analysis

Short Term Liabilities: 532700's short term assets (₹3.7B) exceed its short term liabilities (₹1.5B).

Long Term Liabilities: 532700's short term assets (₹3.7B) exceed its long term liabilities (₹2.1B).


Debt to Equity History and Analysis

Debt Level: 532700 is debt free.

Reducing Debt: 532700 has no debt compared to 5 years ago when its debt to equity ratio was 19.2%.

Debt Coverage: 532700 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 532700 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

What is Entertainment Network (India) current dividend yield, its reliability and sustainability?

0.65%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 532700's dividend (0.65%) is higher than the bottom 25% of dividend payers in the Indian market (0.54%).

High Dividend: 532700's dividend (0.65%) is low compared to the top 25% of dividend payers in the Indian market (2.19%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 532700 has been paying a dividend for less than 10 years.

Growing Dividend: 532700 has only been paying a dividend for 8 years, and since then payments have not increased.


Current Payout to Shareholders

Dividend Coverage: 532700 is paying a dividend but the company is unprofitable.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

9.8yrs

Average management tenure


CEO

Prashant Panday (55 yo)

13.25yrs

Tenure

₹49,889,000

Compensation

Mr. Prashant Babulal Panday serves as Chief Executive Officer, Managing Director and Director at Mirchi Movies Limited. Mr. Panday has been associated with Mirchi Movies Limited since August 2000 and has p...


CEO Compensation Analysis

Compensation vs Market: Prashant's total compensation ($USD676.16K) is above average for companies of similar size in the Indian market ($USD50.94K).

Compensation vs Earnings: Prashant's compensation has increased whilst the company is unprofitable.


Leadership Team

NamePositionTenureCompensationOwnership
Prashant Panday
CEO, MD & Director13.25yrs₹49.89m0.046%
₹ 3.4m
Narayanan Subramanian
Executive Director & Group CFO2yrs₹24.94mno data
Nandan Srinath
Executive Presidentno data₹6.91mno data
Yatish Mehrishi
Chief Operating Officerno datano datano data
Nataraja Thiagarajan
Chief Technical Officer13.08yrs₹1.29mno data
Mehul Shah
Senior VP of Compliance & Company Secretary6.42yrsno data0.00084%
₹ 62.5k
Kaizad Irani
Senior VP & Legal Headno datano datano data
Vivek Kulkarni
Head of Human Resources & Executive VPno datano datano data
Tapas Sen
Chief Programming Officerno data₹3.41mno data
Kaushik Ghosh
Head of National Marketing and Senior Vice Presidentno data₹3.41mno data
Gilroy Tills
Sales Head of Delhino data₹1.40mno data
S. Prasad
Head of National Operations - 360 Degreesno data₹3.81mno data

9.8yrs

Average Tenure

53yo

Average Age

Experienced Management: 532700's management team is seasoned and experienced (9.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Prashant Panday
CEO, MD & Director13.25yrs₹49.89m0.046%
₹ 3.4m
Narayanan Subramanian
Executive Director & Group CFO2yrs₹24.94mno data
Narayanan Kumar
Independent Non-Executive Director15yrs₹920.00kno data
Ravindra Kulkarni
Independent Non-Executive Director13.83yrs₹1.19mno data
Vineet Jain
Non Executive Chairman13.83yrsno datano data
Richard Saldanha
Independent Non-Executive Director10yrs₹1.15mno data
Sukanya Anand
Independent Non-Executive Director2.5yrs₹1.11mno data

10.3yrs

Average Tenure

60yo

Average Age

Experienced Board: 532700's board of directors are seasoned and experienced ( 10.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Entertainment Network (India) Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Entertainment Network (India) Limited
  • Ticker: 532700
  • Exchange: BSE
  • Founded: 1999
  • Industry: Broadcasting
  • Sector: Media
  • Market Cap: ₹7.444b
  • Shares outstanding: 47.67m
  • Website: https://www.enil.co.in

Location

  • Entertainment Network (India) Limited
  • Trade World
  • 14th Floor
  • Mumbai
  • Maharashtra
  • 400013
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532700BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 2006
ENILNSEI (National Stock Exchange of India)YesEquity SharesININRFeb 2006

Biography

Entertainment Network (India) Limited, together with its subsidiary, operates FM radio broadcasting stations in India. It operates broadcasting stations in 63 cities under the brand names of Radio Mirchi, ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/11/26 12:02
End of Day Share Price2020/11/26 00:00
Earnings2020/09/30
Annual Earnings2020/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.