Strong Balance Sheet / Low LeverageA very high equity ratio and low debt-to-equity give Music Broadcast durable financial flexibility. This conservatism supports investment in content, market investments or digital initiatives, and provides resilience through advertising cyclicality without stressing interest coverage.

High Gross And Improving Operating MarginStrong gross margins and a material improvement in EBIT margin indicate effective cost control and operating leverage in the core radio/digital business. If sustained, this allows the company to convert revenue into operating profits faster as advertising recovers or scale increases.

Diversified Advertising-led Revenue ModelA multi-channel advertising model (spot ads, sponsorships, experiential activations and digital audio) provides multiple monetization levers. This diversification aids revenue stability across local and national advertisers and supports cross-sell between terrestrial and digital audiences.

Bears Say

Declining Revenue TrendA steep negative revenue growth rate indicates shrinking scale, which undermines pricing power for airtime and sponsorships. Persistent top-line decline reduces the benefits of fixed-cost leverage and constrains investments in programming and digital audience expansion.

Deteriorating Free Cash FlowA large drop in free cash flow growth materially limits the firm’s ability to fund content, marketing or digital initiatives organically. Weak FCF increases reliance on external financing or cost cutting, reducing flexibility to invest counter-cyclically or to strengthen digital distribution.

Profitability And Returns WeaknessA negative net margin signals the company is not currently converting operational results into shareholder returns. Sustained unprofitability erodes retained capital, pressures reinvestment and can impair advertiser confidence unless margins recover with revenue or cost restructuring.

Music Broadcast Ltd. News

Music Broadcast Ltd. Announces Trading Window Closure

Music Broadcast Ltd. ( ($IN:RADIOCITY) ) has issued an announcement. Music Broadcast Limited has announced the closure of...

5M ago

Music Broadcast Ltd. Faces High Court Order on Royalty Calculations

An announcement from Music Broadcast Ltd. ( ($IN:RADIOCITY) ) is now available. Music Broadcast Limited has received an...

6M ago

RADIOCITY FAQ

What was Music Broadcast Ltd.’s price range in the past 12 months?

Music Broadcast Ltd. lowest stock price was ₹5.72 and its highest was ₹12.35 in the past 12 months.

What is Music Broadcast Ltd.’s market cap?

Music Broadcast Ltd.’s market cap is ₹2.08B.

When is Music Broadcast Ltd.’s upcoming earnings report date?

Music Broadcast Ltd.’s upcoming earnings report date is May 26, 2026 which is in 90 days.

How were Music Broadcast Ltd.’s earnings last quarter?

Music Broadcast Ltd. released its earnings results on Feb 02, 2026. The company reported ₹0.107 earnings per share for the quarter, beating the consensus estimate of N/A by ₹0.107.

Is Music Broadcast Ltd. overvalued?

According to Wall Street analysts Music Broadcast Ltd.’s price is currently Overvalued. Get more investment ideas with TipRanks Premium

Does Music Broadcast Ltd. pay dividends?

Music Broadcast Ltd. does not currently pay dividends.

What is Music Broadcast Ltd.’s EPS estimate?

Music Broadcast Ltd.’s EPS estimate for its next earnings report is not yet available.

How many shares outstanding does Music Broadcast Ltd. have?

Music Broadcast Ltd. has 345,685,640 shares outstanding.

What happened to Music Broadcast Ltd.’s price movement after its last earnings report?

Music Broadcast Ltd. reported an EPS of ₹0.107 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went down -1.961%.

Which hedge fund is a major shareholder of Music Broadcast Ltd.?

Currently, no hedge funds are holding shares in IN:RADIOCITY

What is the TipRanks Smart Score and how is it calculated?

Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

Company Description

Music Broadcast Ltd.

Music Broadcast Limited owns and operates FM radio stations under the Radio City brand name. Its radio stations deliver regional, music, and entertainment content. The company operates 28 radio stations in 39 cities in India. It operates the online platform radiocity.in; and 'Radio City' YouTube channels. The company was incorporated in 1999 and is based in Mumbai, India. Music Broadcast Limited is a subsidiary of Jagran Prakashan Limited.