Reported Earnings • May 17
Full year 2026 earnings released: ₹1.55 loss per share (vs ₹2.42 profit in FY 2025) Full year 2026 results: ₹1.55 loss per share (down from ₹2.42 profit in FY 2025). Revenue: ₹5.98b (up 9.4% from FY 2025). Net loss: ₹76.6m (down 166% from profit in FY 2025). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • May 15
Entertainment Network (India) Limited to Report Q4, 2026 Results on May 18, 2026 Entertainment Network (India) Limited announced that they will report Q4, 2026 results on May 18, 2026 Reported Earnings • Feb 11
Third quarter 2026 earnings released: ₹1.32 loss per share (vs ₹1.94 profit in 3Q 2025) Third quarter 2026 results: ₹1.32 loss per share (down from ₹1.94 profit in 3Q 2025). Revenue: ₹1.72b (up 3.7% from 3Q 2025). Net loss: ₹64.2m (down 170% from profit in 3Q 2025). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. Announcement • Feb 03
Entertainment Network (India) Limited to Report Q3, 2026 Results on Feb 10, 2026 Entertainment Network (India) Limited announced that they will report Q3, 2026 results at 12:08 PM, Indian Standard Time on Feb 10, 2026 Reported Earnings • Nov 05
Second quarter 2026 earnings released: ₹0.86 loss per share (vs ₹0.85 loss in 2Q 2025) Second quarter 2026 results: ₹0.86 loss per share. Revenue: ₹1.48b (up 19% from 2Q 2025). Net loss: ₹41.0m (loss narrowed 1.7% from 2Q 2025). Announcement • Oct 27
Entertainment Network (India) Limited to Report Q2, 2026 Results on Nov 04, 2025 Entertainment Network (India) Limited announced that they will report Q2, 2026 results at 12:08 PM, Indian Standard Time on Nov 04, 2025 Upcoming Dividend • Aug 28
Upcoming dividend of ₹2.00 per share Eligible shareholders must have bought the stock before 04 September 2025. Payment date: 12 October 2025. Payout ratio is on the higher end at 83%, however this is supported by cash flows. Trailing yield: 1.2%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (2.5%). Announcement • Aug 06
Entertainment Network (India) Limited announces Annual dividend, payable on October 12, 2025 Entertainment Network (India) Limited announced Annual dividend of INR 2.0000 per share payable on October 12, 2025, ex-date on September 04, 2025 and record date on September 05, 2025. Announcement • Aug 04
Entertainment Network (India) Limited, Annual General Meeting, Sep 12, 2025 Entertainment Network (India) Limited, Annual General Meeting, Sep 12, 2025, at 15:00 Indian Standard Time. Reported Earnings • Jul 30
First quarter 2026 earnings released: ₹1.10 loss per share (vs ₹1.14 loss in 1Q 2025) First quarter 2026 results: ₹1.10 loss per share (improved from ₹1.14 loss in 1Q 2025). Revenue: ₹1.25b (up 1.7% from 1Q 2025). Net loss: ₹53.9m (loss narrowed 2.0% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 56% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Announcement • Jul 23
Entertainment Network (India) Limited to Report Q1, 2026 Results on Jul 29, 2025 Entertainment Network (India) Limited announced that they will report Q1, 2026 results on Jul 29, 2025 Reported Earnings • May 17
Full year 2025 earnings released: EPS: ₹2.51 (vs ₹6.81 in FY 2024) Full year 2025 results: EPS: ₹2.51 (down from ₹6.81 in FY 2024). Revenue: ₹5.82b (up 8.3% from FY 2024). Net income: ₹115.3m (down 65% from FY 2024). Profit margin: 2.0% (down from 6.0% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Apr 21
Entertainment Network (India) Limited to Report Q4, 2025 Results on May 05, 2025 Entertainment Network (India) Limited announced that they will report Q4, 2025 results on May 05, 2025 New Risk • Feb 10
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: 1.5% Last year net profit margin: 38% 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 (1.5% net profit margin). Market cap is less than US$100m (₹7.37b market cap, or US$84.0m). Announcement • Jan 22
Entertainment Network (India) Limited to Report Q3, 2025 Results on Feb 07, 2025 Entertainment Network (India) Limited announced that they will report Q3, 2025 results on Feb 07, 2025 New Risk • Nov 21
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.41b (US$99.5m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (₹8.41b market cap, or US$99.5m). Reported Earnings • Nov 14
Second quarter 2025 earnings released: ₹0.85 loss per share (vs ₹0.77 profit in 2Q 2024) Second quarter 2025 results: ₹0.85 loss per share (down from ₹0.77 profit in 2Q 2024). Revenue: ₹1.24b (up 13% from 2Q 2024). Net loss: ₹41.7m (down 216% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 89% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Announcement • Nov 04
Entertainment Network (India) Limited to Report Q2, 2025 Results on Nov 12, 2024 Entertainment Network (India) Limited announced that they will report Q2, 2025 results on Nov 12, 2024 Upcoming Dividend • Sep 12
Upcoming dividend of ₹1.50 per share Eligible shareholders must have bought the stock before 19 September 2024. Payment date: 26 October 2024. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of Indian dividend payers (1.0%). Lower than average of industry peers (2.0%). Declared Dividend • Aug 17
Dividend increased to ₹1.50 Dividend of ₹1.50 is 50% higher than last year. Ex-date: 18th September 2024 Payment date: 26th October 2024 Dividend yield will be 0.7%, which is lower than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (22% earnings payout ratio) and cash flows (6% cash payout ratio). The dividend has increased by an average of 4.1% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. The company's earnings per share (EPS) would need to decline by 76% to shift the payout ratio to a potentially unsustainable range, which is more than the 8.9% EPS decline seen over the last 5 years. Announcement • Aug 14
Entertainment Network (India) Limited Announces Cessation of Directors Entertainment Network (India) Limited notified that Mr. Richard Saldanha (DIN: 00189029), Mr. Ravindra Kulkarni (DIN: 00059367) and Mr.
Narayanan Kumar (Mr. N. Kumar) (DIN: 00007848) have completed their second and final term as the Independent Directors on August 11, 2024, and consequently they have ceased to be the Independent Directors of the Company from close of the said date. The Board of Directors expresses its deep appreciation and gratitude to Mr. Saldanha, Mr. Kulkarni and Mr. N. Kumar for their significant contributions during their long tenure with the Company. Kindly note that Mr. Richard Saldanha has been appointed as the Non-Executive & Non- Independent Director of the Company with effect from August 12, 2024, on the terms and conditions as set out in the Postal Ballot Notice dated June 27, 2024. Announcement • Aug 12
Entertainment Network (India) Limited, Annual General Meeting, Sep 26, 2024 Entertainment Network (India) Limited, Annual General Meeting, Sep 26, 2024, at 15:00 Indian Standard Time. Reported Earnings • Aug 01
First quarter 2025 earnings released: ₹1.14 loss per share (vs ₹0.28 profit in 1Q 2024) First quarter 2025 results: ₹1.14 loss per share (down from ₹0.28 profit in 1Q 2024). Revenue: ₹1.23b (up 19% from 1Q 2024). Net loss: ₹55.0m (down ₹65.0m from profit in 1Q 2024). Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Announcement • Jul 13
Entertainment Network (India) Limited to Report Q1, 2025 Results on Jul 31, 2024 Entertainment Network (India) Limited announced that they will report Q1, 2025 results on Jul 31, 2024 Reported Earnings • May 04
Full year 2024 earnings released: EPS: ₹6.92 (vs ₹1.46 loss in FY 2023) Full year 2024 results: EPS: ₹6.92 (up from ₹1.46 loss in FY 2023). Revenue: ₹5.63b (up 22% from FY 2023). Net income: ₹324.8m (up ₹394.2m from FY 2023). Profit margin: 5.8% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 122% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Announcement • Apr 28
Entertainment Network (India) Limited to Report Fiscal Year 2024 Results on May 03, 2024 Entertainment Network (India) Limited announced that they will report fiscal year 2024 results at 4:00 PM, Indian Standard Time on May 03, 2024 Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to ₹340, the stock trades at a trailing P/E ratio of 9.3x. Average forward P/E is 17x in the Media industry in India. Total returns to shareholders of 120% over the past three years. Reported Earnings • Feb 15
Third quarter 2024 earnings: EPS and revenues exceed analyst expectations Third quarter 2024 results: EPS: ₹5.02 (up from ₹1.54 in 3Q 2023). Revenue: ₹1.67b (up 35% from 3Q 2023). Net income: ₹238.9m (up 228% from 3Q 2023). Profit margin: 14% (up from 5.9% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 16%. Earnings per share (EPS) also surpassed analyst estimates by 151%. Over the last 3 years on average, earnings per share has increased by 112% per year but the company’s share price has only increased by 23% per year, which means it is significantly lagging earnings growth. Announcement • Feb 06
Entertainment Network (India) Limited to Report Q3, 2024 Results on Feb 13, 2024 Entertainment Network (India) Limited announced that they will report Q3, 2024 results on Feb 13, 2024 New Risk • Jan 16
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 7.5% 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: Major Risk Earnings have declined by 32% per year over the past 5 years. Minor Risks Paying a dividend despite being loss-making. Share price has been volatile over the past 3 months (7.5% average weekly change). Reported Earnings • Nov 10
Second quarter 2024 earnings: EPS exceeds analyst expectations while revenues lag behind Second quarter 2024 results: EPS: ₹0.77 (up from ₹0.11 loss in 2Q 2023). Revenue: ₹1.10b (flat on 2Q 2023). Net income: ₹35.9m (up ₹42.2m from 2Q 2023). Profit margin: 3.3% (up from net loss in 2Q 2023). Revenue missed analyst estimates by 4.1%. Earnings per share (EPS) exceeded analyst estimates by 10%. Revenue is forecast to grow 9.1% p.a. on average during the next 3 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 76% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Announcement • Oct 31
Radio Mirchi, Orange Reportedly Bid INR 2,510 Million in Race to Acquire Insolvent Big FM Entertainment Network (India) Limited (NSEI:ENIL) (Radio Mirchi) and Radio Orange have bid INR 2,510 million to acquire Reliance Broadcast Network Limited (BIG FM Radio network), sources said. Haryana-based Sapphire FM is the other bidder in the race for BIG FM, which is undergoing an insolvency process. Incidentally, Sapphire FM has also made a bid of INR 2510 million for Big FM. The bidders couldn't immediately be reached for comments. Both the bidders -- Radio Mirchi & Orange FM consortium and Sapphire FM -- have offered to pay the bid amount within 30 days. Sources close to the process also revealed that the lenders are likely to ask both the bidders to revise their bids upward. Also, INR 600 million cash lying in the company's accounts will also go to the lenders, they said. After considering the cash at Big FM, the total recovery for lenders could be as high as 55% to 60% against the total admitted claims of INR 5,780 million. Announcement • Oct 30
Entertainment Network (India) Limited to Report Q2, 2024 Results on Nov 08, 2023 Entertainment Network (India) Limited announced that they will report Q2, 2024 results on Nov 08, 2023 Buying Opportunity • Oct 20
Now 20% undervalued Over the last 90 days, the stock is up 33%. The fair value is estimated to be ₹234, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Meanwhile, the company has become profitable. Revenue is forecast to grow by 24% in 2 years. Earnings is forecast to grow by 438% in the next 2 years. Upcoming Dividend • Sep 08
Upcoming dividend of ₹1.00 per share at 0.6% yield Eligible shareholders must have bought the stock before 15 September 2023. Payment date: 22 October 2023. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (1.8%). Price Target Changed • Aug 17
Price target decreased by 15% to ₹160 Down from ₹189, the current price target is provided by 1 analyst. New target price is approximately in line with last closing price of ₹155. Stock is down 11% over the past year. The company posted a net loss per share of ₹1.42 last year. Reported Earnings • Aug 12
First quarter 2024 earnings released: EPS: ₹0.28 (vs ₹2.85 loss in 1Q 2023) First quarter 2024 results: EPS: ₹0.28 (up from ₹2.85 loss in 1Q 2023). Revenue: ₹1.03b (up 2.4% from 1Q 2023). Net income: ₹9.98m (up ₹146.5m from 1Q 2023). Profit margin: 1.0% (up from net loss in 1Q 2023). Revenue is forecast to grow 10% p.a. on average during the next 2 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 52% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • Aug 12
Entertainment Network (India) Limited, Annual General Meeting, Sep 22, 2023 Entertainment Network (India) Limited, Annual General Meeting, Sep 22, 2023, at 15:00 Indian Standard Time. Announcement • Aug 04
Entertainment Network (India) Limited to Report Q1, 2024 Results on Aug 11, 2023 Entertainment Network (India) Limited announced that they will report Q1, 2024 results on Aug 11, 2023 Reported Earnings • May 06
Full year 2023 earnings released: ₹1.43 loss per share (vs ₹7.62 loss in FY 2022) Full year 2023 results: ₹1.43 loss per share (improved from ₹7.62 loss in FY 2022). Revenue: ₹4.62b (up 42% from FY 2022). Net loss: ₹69.4m (loss narrowed 81% from FY 2022). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 05
Third quarter 2023 earnings released: EPS: ₹1.54 (vs ₹2.05 in 3Q 2022) Third quarter 2023 results: EPS: ₹1.54 (down from ₹2.05 in 3Q 2022). Revenue: ₹1.24b (up 18% from 3Q 2022). Net income: ₹72.8m (down 25% from 3Q 2022). Profit margin: 5.9% (down from 9.3% in 3Q 2022). Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 17% per year. Announcement • Jan 28
Entertainment Network (India) Limited Announces Resignation of Prashant Panday as Managing Director and Director, Effective on January 31, 2023 Entertainment Network (India) Limited announced Mr. Prashant Panday, Managing Director, has requested to be relieved due to other preoccupations and has tendered his resignation from the position of the Managing Director as well as Directorship of the company with effect from the close of business hours on January 31, 2023. The company has received confirmation from Mr. Prashant Panday that there are no other material reasons for his resignation except as mentioned above. The Board of Directors has accordingly considered and accepted the aforesaid resignation of Mr. Panday from the position of the Managing Director as well as the Directorship of the company with effect from the close of business hours on January 31, 2023. Mr. Panday will also cease to hold the office of Key Managerial Personnel with effect from the said date. Mr. Panday has resigned as the Director and Managing Director of the Company due to other preoccupations and there are no other material reasons for his resignation other than the one mentioned above. Announcement • Jan 21
Entertainment Network (India) Limited to Report Q3, 2023 Results on Feb 01, 2023 Entertainment Network (India) Limited announced that they will report Q3, 2023 results on Feb 01, 2023 Reported Earnings • Nov 16
Second quarter 2023 earnings released: ₹0.11 loss per share (vs ₹2.27 loss in 2Q 2022) Second quarter 2023 results: ₹0.11 loss per share (improved from ₹2.27 loss in 2Q 2022). Revenue: ₹1.09b (up 50% from 2Q 2022). Net loss: ₹6.27m (loss narrowed 94% from 2Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Media industry in India. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Board Change • Nov 16
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. 2 experienced directors. 5 highly experienced directors. Executive Director & Group CFO Narayanan Subramanian was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 12
Second quarter 2023 earnings released: ₹0.11 loss per share (vs ₹2.27 loss in 2Q 2022) Second quarter 2023 results: ₹0.11 loss per share (improved from ₹2.27 loss in 2Q 2022). Revenue: ₹1.14b (up 57% from 2Q 2022). Net loss: ₹6.27m (loss narrowed 94% from 2Q 2022). Revenue is forecast to grow 16% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Media industry in India. Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 12
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 19 September 2022. Payment date: 27 October 2022. The company is not currently making a profit but it is cash flow positive. Trailing yield: 0.6%. Lower than top quartile of Indian dividend payers (1.6%). Lower than average of industry peers (2.2%). Buying Opportunity • Aug 10
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 7.1%. The fair value is estimated to be ₹228, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 42% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Aug 09
First quarter 2023 earnings released: ₹2.85 loss per share (vs ₹6.18 loss in 1Q 2022) First quarter 2023 results: ₹2.85 loss per share (up from ₹6.18 loss in 1Q 2022). Revenue: ₹1.05b (up 155% from 1Q 2022). Net loss: ₹136.5m (loss narrowed 54% from 1Q 2022). Over the next year, revenue is forecast to grow 29%, compared to a 11% growth forecast for the industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Buying Opportunity • Jul 01
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 17%. The fair value is estimated to be ₹220, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 31% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • May 08
Full year 2022 earnings: EPS and revenues miss analyst expectations Full year 2022 results: ₹7.60 loss per share (up from ₹23.18 loss in FY 2021). Revenue: ₹3.40b (up 26% from FY 2021). Net loss: ₹363.0m (loss narrowed 67% from FY 2021). Revenue missed analyst estimates by 3.1%. Earnings per share (EPS) also missed analyst estimates by 69%. Over the next year, revenue is forecast to grow 36%, compared to a 18% growth forecast for the industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
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. 2 experienced directors. 5 highly experienced directors. Executive Director & Group CFO Narayanan Subramanian was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Price Target Changed • Mar 30
Price target increased to ₹219 Up from ₹192, the current price target is an average from 2 analysts. New target price is 7.8% above last closing price of ₹203. Stock is up 40% over the past year. The company is forecast to post a net loss per share of ₹4.50 next year compared to a net loss per share of ₹23.18 last year. Reported Earnings • Feb 11
Third quarter 2022 earnings: EPS exceeds analyst expectations while revenues lag behind Third quarter 2022 results: EPS: ₹2.05 (down from ₹3.86 in 3Q 2021). Revenue: ₹1.09b (up 28% from 3Q 2021). Net income: ₹97.3m (down 47% from 3Q 2021). Profit margin: 8.9% (down from 22% in 3Q 2021). Revenue missed analyst estimates by 2.8%. Earnings per share (EPS) exceeded analyst estimates. Over the next year, revenue is forecast to grow 36%, compared to a 18% growth forecast for the industry in India. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 28
Second quarter 2022 earnings released: ₹2.27 loss per share (vs ₹5.19 loss in 2Q 2021) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2022 results: Revenue: ₹768.0m (up 61% from 2Q 2021). Net loss: ₹108.3m (loss narrowed 56% from 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 15
First quarter 2022 earnings released: ₹6.18 loss per share (vs ₹7.95 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: ₹470.9m (up 28% from 1Q 2021). Net loss: ₹294.4m (loss narrowed 22% from 1Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Reported Earnings • Jun 18
Full year 2021 earnings released: ₹23.18 loss per share (vs ₹2.25 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: ₹2.91b (down 46% from FY 2020). Net loss: ₹1.11b (down ₹1.21b 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 63 percentage points per year, which is a significant difference in performance. Price Target Changed • Feb 21
Price target raised to ₹181 Up from ₹167, the current price target is an average from 4 analysts. The new target price is 13% above the current share price of ₹160. As of last close, the stock is down 25% over the past year. Reported Earnings • Feb 11
Third quarter 2021 earnings released: EPS ₹3.86 (vs ₹2.08 in 3Q 2020) The company reported a decent third quarter result with improved earnings and profit margins, although revenues were weaker. Third quarter 2021 results: Revenue: ₹896.9m (down 39% from 3Q 2020). Net income: ₹184.1m (up 86% from 3Q 2020). Profit margin: 21% (up from 6.8% in 3Q 2020). Over the last 3 years on average, earnings per share has fallen by 76% per year but the company’s share price has only fallen by 38% per year, which means it has not declined as severely as earnings. Analyst Estimate Surprise Post Earnings • Feb 11
Revenue and earnings miss expectations Revenue missed analyst estimates by 16%. Earnings per share (EPS) also missed analyst estimates by 60%. Over the next year, revenue is forecast to grow 45%, compared to a 18% growth forecast for the Media industry in India. Is New 90 Day High Low • Jan 01
New 90-day high: ₹177 The company is up 14% from its price of ₹155 on 01 October 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Media industry, which is up 5.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹210 per share. Is New 90 Day High Low • Dec 07
New 90-day high: ₹164 The company is up 8.0% from its price of ₹151 on 08 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Media industry, which is down 1.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is ₹171 per share. Reported Earnings • Nov 05
Second quarter 2021 earnings released: ₹5.19 loss per share The company reported a poor second quarter result with weaker earnings, revenues and control over expenses. Second quarter 2021 results: Revenue: ₹528.6m (down 53% from 2Q 2020). Net loss: ₹247.5m (down ₹249.4m from profit in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 44% per year, which means it has not declined as severely as earnings.