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Music Broadcast logo

RADIOCITY - Music Broadcast Share Price

₹24.6 0.6  2.5%

Last Trade - 09/04/21

Sector
Consumer Cyclicals
Size
Small Cap
Market Cap £83.0m
Enterprise Value £65.2m
Revenue £12.8m
Position in Universe 885th / 3106
Bullish
Bearish
Unlock RADIOCITY Revenue
Momentum
Relative Strength (%)
1m +1.53%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -9.06%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Mar 2015 2016 2017 2018 2019 2020 2021E 2022E CAGR / Avg
2,008 2,255 2,714 2,982 3,247 2,478 1,306 2,191 +4.3%
+94.0 +3.9 -6.0 +12.5 +20.7 -54.8
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the nine months ended 31 December 2020, MusicBroadcast Ltd revenues decreased 58% to RS851.1M. Net lossbefore extraordinary items totaled RS203.1M vs. income ofRS270.4M. Revenues reflect a decrease in demand for theCompany's products and services due to unfavorable marketconditions. Basic Earnings per Share excludingExtraordinary Items decreased from RS0.78 to -RS0.59.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Graphical History

Revenue

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Net Income

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Normalised EPS

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PE Ratio Range

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Dividend Yield Range

RADIOCITY Dividend Yield Range Unlock RADIOCITY Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2021
31st Dec 2022
Est. Long Term Growth Rate: Net Profit
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EPS
()
DPS
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Net Profit
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EPS
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DPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2020 /  2021
RADIOCITY EPS Forecasts Unlock RADIOCITY Revenue
Profile Summary

Music Broadcast Limited is an India-based company, which owns and operates Radio City 91.1 frequency modulation (FM). The Company is operating approximately 39 terrestrial radio stations across 12 states. The Company also operates approximately 17 Web-stations through its digital interface.

Directors
Last Annual March 31st, 2020
Last Interim December 31st, 2020
Incorporated November 4, 1999
Public Since March 17, 2017
No. of Shareholders: 23,612
No. of Employees: 429
Sector Consumer Cyclicals
Industry Media & Publishing
Index
Exchange National Stock Exchange of India
Shares in Issue 345,685,625
Free Float (0.0%)
Eligible for
ISAs
SIPPs
RADIOCITY Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for RADIOCITY
Upcoming Events for RADIOCITY
Wednesday 15th September, 2021 Estimate
Music Broadcast Ltd Annual Shareholders Meeting
Frequently Asked Questions for Music Broadcast
What is the Music Broadcast share price?

As of 09/04/21, shares in Music Broadcast are trading at ₹24.6, giving the company a market capitalisation of £83.0m. This share price information is delayed by 15 minutes.

How has the Music Broadcast share price performed this year?

Shares in Music Broadcast are currently trading at ₹24.6 and the price has moved by 73.85% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Music Broadcast price has moved by 6.25% over the past year.

What are the analyst and broker recommendations for Music Broadcast?

Of the analysts with advisory recommendations for Music Broadcast, there are there are currently 1 "buy" , 2 "hold" and 1 "sell" recommendations. The overall consensus recommendation for Music Broadcast is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Music Broadcast next release its financial results?

Music Broadcast is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-12-31
What is the Music Broadcast dividend yield?

Music Broadcast does not currently pay a dividend.

Does Music Broadcast pay a dividend?

Music Broadcast does not currently pay a dividend.

When does Music Broadcast next pay dividends?

Music Broadcast does not currently pay a dividend.

How do I buy Music Broadcast shares?

To buy shares in Music Broadcast you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Music Broadcast?

Shares in Music Broadcast are currently trading at ₹24.6, giving the company a market capitalisation of £83.0m.

Where are Music Broadcast shares listed? Where are Music Broadcast shares listed?

Here are the trading details for Music Broadcast:

Country of listing: India
Exchange: NSI
Ticker Symbol: RADIOCITY
What kind of share is Music Broadcast?

Based on an overall assessment of its quality, value and momentum, Music Broadcast is currently classified as a High Flyer. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Music Broadcast share price forecast 2021?

Shares in Music Broadcast are currently priced at ₹24.6. At that level they are trading at 7.32% premium to the analyst consensus target price of 0.00.

Analysts covering Music Broadcast currently have a consensus Earnings Per Share (EPS) forecast of -0.5 for the next financial year.

How can I tell whether the Music Broadcast share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Music Broadcast. Over the past six months, the relative strength of its shares against the market has been 9.4%. At the current price of ₹24.6, shares in Music Broadcast are trading at 16.41% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Music Broadcast PE Ratio?

We were not able to find PE ratio data for Music Broadcast.

Who are the key directors of Music Broadcast?

Music Broadcast's management team is headed by:

Vijay Tandon - CHM
Apurva Purohit - NED
Rahul Gupta - NED
Anuj Puri - IND
Kartikeya Kalla - EVP
Prashant Domadia - CFO
Sagorika Kantharia - OTH
Rachna Kanwar - OTH
Chirag Bagadia - CCO
Ashit Kukian - CEO
Anita Nayyar - IND
Who are the major shareholders of Music Broadcast?

Here are the top five shareholders of Music Broadcast based on the size of their shareholding:

Jagran Prakashan Ltd Corporation
Percentage owned: 73.21% (253.1m shares)
Franklin Templeton Asset Management (India) Pvt. Ltd. Investment Advisor
Percentage owned: 7.06% (24.4m shares)
Franklin India Smaller Companies Fund Mutual Fund
Percentage owned: 7.06% (24.4m shares)
Sharma (Nanda Kishore) Individual Investor
Percentage owned: 1.3% (4.49m shares)
Rajasthan Global Securities, Ltd. Corporation
Percentage owned: 1.3% (4.48m shares)
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