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ENIL

Entertainment Network (India) NSEI:ENIL Stock Report

Last Price

₹175.40

Market Cap

₹8.3b

7D

7.4%

1Y

-1.2%

Updated

27 Jun, 2022

Data

Company Financials +
ENIL fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health6/6
Dividends2/6

ENIL Stock Overview

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

Entertainment Network (India) Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Entertainment Network (India)
Historical stock prices
Current Share Price₹175.40
52 Week High₹227.00
52 Week Low₹158.85
Beta0.40
1 Month Change-2.23%
3 Month Change-10.47%
1 Year Change-1.24%
3 Year Change-58.82%
5 Year Change-80.83%
Change since IPO-33.74%

Recent News & Updates

Mar 09
Is Entertainment Network (India) (NSE:ENIL) A Risky Investment?

Is Entertainment Network (India) (NSE:ENIL) A Risky Investment?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Shareholder Returns

ENILIN MediaIN Market
7D7.4%5.6%4.1%
1Y-1.2%-6.9%-0.02%

Return vs Industry: ENIL exceeded the Indian Media industry which returned -8.1% over the past year.

Return vs Market: ENIL matched the Indian Market which returned -0.9% over the past year.

Price Volatility

Is ENIL's price volatile compared to industry and market?
ENIL volatility
ENIL Average Weekly Movement5.5%
Media Industry Average Movement6.4%
Market Average Movement6.9%
10% most volatile stocks in IN Market9.9%
10% least volatile stocks in IN Market4.5%

Stable Share Price: ENIL is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 5% a week.

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

About the Company

FoundedEmployeesCEOWebsite
1999910Prashant Pandayhttps://www.enil.co.in

Entertainment Network (India) Limited, together with its subsidiary, operates FM radio broadcasting stations in India and internationally. As of March 31, 2021, it operated 73 stations in 63 cities under the brand names of Radio Mirchi, Mirchi Love, Mirchi 95, and Kool FM, as well as online radio stations. The company was incorporated in 1999 and is based in Mumbai, India.

Entertainment Network (India) Fundamentals Summary

How do Entertainment Network (India)'s earnings and revenue compare to its market cap?
ENIL fundamental statistics
Market Cap₹8.33b
Earnings (TTM)-₹363.02m
Revenue (TTM)₹3.21b

2.6x

P/S Ratio

-23.0x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
ENIL income statement (TTM)
Revenue₹3.21b
Cost of Revenue₹1.99b
Gross Profit₹1.22b
Other Expenses₹1.58b
Earnings-₹363.02m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-7.62
Gross Margin37.94%
Net Profit Margin-11.30%
Debt/Equity Ratio0%

How did ENIL perform over the long term?

See historical performance and comparison

Dividends

0.6%

Current Dividend Yield

-13%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is ENIL undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Price-To-Sales vs Peers

  • Price-To-Sales vs Industry

  • Price-To-Sales vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ENIL?

Other financial metrics that can be useful for relative valuation.

ENIL key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue2.6x
Enterprise Value/EBITDA17.6x
PEG Ration/a

Price to Sales Ratio vs Peers

How does ENIL's PS Ratio compare to its peers?

ENIL PS Ratio vs Peers
The above table shows the PS ratio for ENIL vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPSEstimated GrowthMarket Cap
Peer Average2.5x
540366 Music Broadcast
4.6xn/a₹7.8b
532794 Zee Media
1xn/a₹8.9b
532529 New Delhi Television
2.9xn/a₹11.3b
532515 T.V. Today Network
1.7x9.1%₹15.5b
ENIL Entertainment Network (India)
2.6x25.9%₹8.3b

Price-To-Sales vs Peers: ENIL is expensive based on its Price-To-Sales Ratio (2.6x) compared to the peer average (2.5x).


Price to Earnings Ratio vs Industry

How does ENIL's PE Ratio compare vs other companies in the IN Media Industry?

Price-To-Sales vs Industry: ENIL is expensive based on its Price-To-Sales Ratio (2.6x) compared to the Indian Media industry average (1.7x)


Price to Sales Ratio vs Fair Ratio

What is ENIL's PS Ratio compared to its Fair PS Ratio? This is the expected PS Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ENIL PS Ratio vs Fair Ratio.
Fair Ratio
Current PS Ratio2.6x
Fair PS Ratio2.6x

Price-To-Sales vs Fair Ratio: ENIL is good value based on its Price-To-Sales Ratio (2.6x) compared to the estimated Fair Price-To-Sales Ratio (2.6x).


Share Price vs Fair Value

What is the Fair Price of ENIL when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ENIL (₹175.4) is trading below our estimate of fair value (₹193.27)

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


Price to Earnings Growth Ratio

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


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Future Growth

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

Future Growth Score

5/6

Future Growth Score 5/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


121.5%

Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: ENIL is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (6.7%).

Earnings vs Market: ENIL is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: ENIL is expected to become profitable in the next 3 years.

Revenue vs Market: ENIL's revenue (25.9% per year) is forecast to grow faster than the Indian market (11.5% per year).

High Growth Revenue: ENIL's revenue (25.9% per year) is forecast to grow faster than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: ENIL's Return on Equity is forecast to be low in 3 years time (6.6%).


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Past Performance

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

Past Performance Score

0/6

Past Performance Score 0/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


-62.0%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: ENIL is currently unprofitable.

Growing Profit Margin: ENIL is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: ENIL is unprofitable, and losses have increased over the past 5 years at a rate of 62% per year.

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

Earnings vs Industry: ENIL is unprofitable, making it difficult to compare its past year earnings growth to the Media industry (13.3%).


Return on Equity

High ROE: ENIL has a negative Return on Equity (-4.76%), as it is currently unprofitable.


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Financial Health

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

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: ENIL's short term assets (₹3.8B) exceed its short term liabilities (₹1.2B).

Long Term Liabilities: ENIL's short term assets (₹3.8B) exceed its long term liabilities (₹2.2B).


Debt to Equity History and Analysis

Debt Level: ENIL is debt free.

Reducing Debt: ENIL has no debt compared to 5 years ago when its debt to equity ratio was 14.4%.

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

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


Balance Sheet


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Dividend

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

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


0.57%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: ENIL's dividend (0.57%) is higher than the bottom 25% of dividend payers in the Indian market (0.43%).

High Dividend: ENIL's dividend (0.57%) is low compared to the top 25% of dividend payers in the Indian market (1.89%).


Stability and Growth of Payments

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

Growing Dividend: ENIL has only been paying a dividend for 9 years, and since then payments have not increased.


Earnings Payout to Shareholders

Earnings Coverage: ENIL is paying a dividend but the company is unprofitable.


Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (15%), ENIL's dividend payments are thoroughly covered by cash flows.


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Management

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

11.3yrs

Average management tenure


CEO

Prashant Panday (56 yo)

14.83yrs

Tenure

₹22,987,000

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 ($USD293.69K) is above average for companies of similar size in the Indian market ($USD38.33K).

Compensation vs Earnings: Prashant's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: ENIL's management team is seasoned and experienced (11.3 years average tenure).


Board Members

Experienced Board: ENIL's board of directors are seasoned and experienced ( 11.9 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 employee growth, exchange listings and data sources


Key Information

  • Name: Entertainment Network (India) Limited
  • Ticker: ENIL
  • Exchange: NSEI
  • Founded: 1999
  • Industry: Broadcasting
  • Sector: Media
  • Implied Market Cap: ₹8.333b
  • Shares outstanding: 47.67m
  • Website: https://www.enil.co.in

Number of Employees


Location

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

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/27 00:00
End of Day Share Price2022/06/27 00:00
Earnings2022/03/31
Annual Earnings2022/03/31


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.