Radaan Mediaworks (I) Ltd. (RADAAN) AI Stock Analysis

• Market Cap: ₹162.48M
• Dividend Yield: N/A
• Average Volume (3M): 4.81K
• Price to Earnings (P/E): ―
• Beta (1Y): 1.22
• Revenue Growth: -79.97%
• EPS Growth: -219.35%
• Country: IN
• Employees: 25
• Sector: Consumer Cyclical
• Sector Strength: 84
• Industry: Entertainment
• EPS (TTM): -0.28
• Shares Outstanding: 54,161,540
• 10 Day Avg. Volume: 4,563
• 30 Day Avg. Volume: 4,812
• PEG Ratio: -0.36
• Price to Book (P/B): -1.78
• Price to Sales (P/S): 0.89
• P/FCF Ratio: 3.89
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 43 Neutral
• Price Target: ₹3.00 ▼(-11.76% Downside)

The score is held down primarily by high financial risk from negative equity and heavy leverage, despite improving revenue and cash flow. Technicals are neutral-to-weak with a negative MACD and price below the long-term average, and valuation is not supportive due to a negative P/E and no dividend yield data.

Positive Factors

Improving cash generation

Sustained improvement to positive operating cash flow and a return to profitability indicate the business is beginning to generate internal funding. Over months this reduces reliance on external finance, supports working capital for production cycles, and enables reinvestment into content and distribution.

Content production business model

A core model of contracted production fees plus licensing and ancillary monetization offers durable revenue streams. Content libraries can provide recurring licensing income and scalability in production, supporting predictable cash flows and strategic leverage with broadcasters and platforms over time.

Growing free cash flow

Material growth in free cash flow signals improved operational efficiency and cash conversion. This strengthens the firm's ability to fund content pipelines, reduce reliance on debt, and invest in higher-return projects — a lasting improvement to financial flexibility if sustained.

Negative Factors

Negative equity and high leverage

Negative shareholders' equity and very high leverage create persistent solvency and refinancing risks. Over months this can constrain access to credit, increase borrowing costs, heighten covenant default probability, and limit ability to fund production or pursue strategic investments.

Weak and volatile profitability margins

Low and inconsistent EBIT/EBITDA margins suggest structural pressure on operational efficiency or pricing power in production contracts. Persistently thin margins reduce retained earnings, limit reinvestment, and magnify sensitivity to revenue swings and cost increases over the medium term.

Sharp historical revenue and EPS volatility

Large negative revenue and EPS growth rates reflect volatile business performance and episodic revenue realization common in content industries. Such volatility complicates forecasting, raises financing costs, and undermines the predictability investors and partners require for multi-quarter content investments.

Radaan Mediaworks (I) Ltd. Business Overview & Revenue Model

Company Description

Radaan Mediaworks India Limited operates in the media and entertainment industry in India. The company is involved in the production of content for tele-serials/films, digital content, web series, events, game shows, etc.; distribution of films; theatrical play activities; and setting up of training courses, such as acting, dance, martial arts, yoga, etc. It produces serials in Tamil, Telugu, Malayalam, Hindi, Gujarati, and Kannada languages. Radaan Mediaworks India Limited was founded in 1994 and is based in Chennai, India.

How the Company Makes Money

Radaan Mediaworks generates revenue through various channels including advertising revenue from its television shows, subscription fees from digital platforms, and licensing deals for content distribution. The company earns a significant portion of its income from producing popular television serials, which attract advertisers looking to reach a large viewer base. Additionally, RADAAN may engage in partnerships with other production houses and streaming services to monetize its content further. The combination of these revenue streams allows Radaan Mediaworks to sustain and grow its operations in the competitive media landscape.

Radaan Mediaworks (I) Ltd. Financial Statement Overview

Summary

Revenue and cash flow trends are improving, with positive operating cash flow and a return to a small profit in 2025. However, profitability remains weak (low EBIT/EBITDA margins) and the balance sheet is a major risk due to negative equity and very high leverage.

Income Statement

The company has shown a consistent increase in revenue over the last few years, indicating positive growth momentum. However, profitability remains a concern with fluctuating and low net profit margins. The company turned a small profit in 2025 after previous losses, but the EBIT and EBITDA margins remain relatively low, signaling ongoing challenges in operational efficiency.

Balance Sheet

The balance sheet reflects significant financial leverage with a negative stockholders' equity, indicating potential financial instability. The debt-to-equity ratio is extremely high, which increases financial risk. This is partially mitigated by an increase in total assets, but the negative equity and high liabilities remain critical issues.

Cash Flow

Cash flow performance has been improving, with positive operating cash flow in the most recent year. The free cash flow has also grown significantly, suggesting better cash management. However, the reliance on financing activities for cash inflow in previous years highlights potential sustainability issues regarding cash generation from operations.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	83.64M	228.71M	213.32M	124.34M	98.94M	93.61M
Gross Profit	39.32M	59.81M	57.54M	43.44M	-20.14M	-25.61M
EBITDA	6.45M	27.73M	26.40M	7.80M	-21.15M	-45.99M
Net Income	-17.00M	3.28M	-4.51M	-16.89M	-43.42M	-73.90M
Balance Sheet
Total Assets	0.00	291.90M	385.26M	338.52M	265.14M	287.83M
Cash, Cash Equivalents and Short-Term Investments	8.46M	8.46M	1.50M	2.06M	1.34M	2.35M
Total Debt	0.00	293.53M	338.89M	340.56M	293.94M	242.96M
Total Liabilities	114.22M	406.12M	502.74M	456.78M	366.48M	345.74M
Stockholders Equity	-114.22M	-114.22M	-117.48M	-118.26M	-101.34M	-57.91M
Cash Flow
Free Cash Flow	0.00	52.33M	22.25M	-24.68M	-32.78M	-43.65M
Operating Cash Flow	0.00	59.87M	32.20M	-14.79M	-17.58M	-14.11M
Investing Cash Flow	0.00	-7.54M	-459.00K	-6.82M	-14.79M	-29.54M
Financing Cash Flow	0.00	-45.36M	-32.31M	22.33M	31.36M	43.65M

Radaan Mediaworks (I) Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 3.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RADAAN, the sentiment is Negative. The current price of 3.4 is above the 20-day moving average (MA) of 3.24, above the 50-day MA of 3.38, and below the 200-day MA of 3.68, indicating a bearish trend. The MACD of -0.12 indicates Positive momentum. The RSI at 38.57 is Neutral, neither overbought nor oversold. The STOCH value of 19.93 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:RADAAN.

Radaan Mediaworks (I) Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SAREGAMA	63 Neutral	₹65.69B	32.31	―	2.59%	26.97%	8.03%
Sector *	61 Neutral	$18.38B	12.79	-2.54%	3.03%	1.52%	-15.83%
BALAJITELE	59 Neutral	₹10.18B	11.90	―	―	-50.42%	2921.37%
SHEMAROO	51 Neutral	₹2.68B	-1.77	―	―	-2.93%	-50.62%
RADAAN	43 Neutral	₹162.48M	-4.67	―	―	-79.97%	-219.35%
MUKTAARTS	43 Neutral	₹1.30B	-8.28	―	―	-3.03%	6.44%
EROSMEDIA	37 Underperform	₹756.76M	-1.24	―	―	-69.51%	71.68%