Music Broadcast Ltd. (RADIOCITY) AI Stock Analysis

• Market Cap: ₹1.99B
• Dividend Yield: N/A
• Average Volume (3M): 11.56K
• Price to Earnings (P/E): 15.8
• Beta (1Y): 0.86
• Revenue Growth: -12.75%
• EPS Growth: -809.36%
• Country: IN
• Employees: 479
• Sector: Communication Services
• Sector Strength: 97
• Industry: Broadcasting
• EPS (TTM): 0.11
• Shares Outstanding: 345,685,640
• 10 Day Avg. Volume: 8,394
• 30 Day Avg. Volume: 11,561
• PEG Ratio: 0.02
• Price to Book (P/B): 0.65
• Price to Sales (P/S): 1.37
• P/FCF Ratio: 72.65
• 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: 54 Neutral
• Price Target: ₹5.50 ▼(-17.42% Downside)
• Action: Reiterated Date: 03/28/26
• Date: Action: Reiterated 03/28/26

The score is held back primarily by weak technicals (price below key moving averages with negative MACD and very oversold momentum). Financials are mixed—balance sheet strength is offset by negative profitability and pressured free cash flow—while valuation appears roughly neutral based on the provided P/E and lack of dividend data.

Positive Factors

Balance sheet strength

A high equity ratio (74.83%) and low leverage (debt/equity 0.25) provide durable financial flexibility. This conservative capital structure reduces refinancing risk, cushions ad-revenue cyclicality, and supports strategic investments or geographic expansion without heavy interest burdens.

Negative Factors

Negative profitability

A negative net margin and negative ROE show the company is not generating profits or returns on equity. Sustained losses reduce retained capital, hinder reinvestment in content and sales, and may force reliance on external funding or equity dilution to sustain operations over the medium term.

Music Broadcast Ltd. Business Overview & Revenue Model

Company Description

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 onlin...

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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 onlin...

How the Company Makes Money

Music Broadcast Ltd. primarily makes money by monetizing its Radio City FM network through advertising-led revenue. Key revenue streams include: (1) On-air advertising sales: selling commercial airtime to national and local advertisers, typically ...

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Music Broadcast Ltd. primarily makes money by monetizing its Radio City FM network through advertising-led revenue. Key revenue streams include: (1) On-air advertising sales: selling commercial airtime to national and local advertisers, typically ...

Music Broadcast Ltd. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	2.07B	2.34B	2.29B	1.99B	1.68B	1.28B
Gross Profit	1.21B	893.60M	1.05B	752.19M	254.15M	595.00M
EBITDA	163.83M	126.37M	562.30M	427.71M	278.24M	36.95M
Net Income	-434.75M	-338.37M	68.44M	34.40M	-57.01M	-241.89M
Balance Sheet
Total Assets	6.58B	6.65B	6.81B	6.56B	6.54B	6.57B
Cash, Cash Equivalents and Short-Term Investments	1.77B	1.53B	741.08M	525.58M	344.01M	1.85B
Total Debt	1.33B	1.26B	1.06B	983.29M	194.50M	234.29M
Total Liabilities	1.68B	1.67B	1.49B	1.31B	504.71M	469.06M
Stockholders Equity	4.89B	4.98B	5.32B	5.25B	6.04B	6.10B
Cash Flow
Free Cash Flow	33.27M	44.34M	182.84M	205.79M	195.27M	52.28M
Operating Cash Flow	73.69M	166.08M	273.18M	304.84M	227.35M	54.51M
Investing Cash Flow	-90.74M	-94.71M	-162.84M	-237.87M	-176.14M	38.35M
Financing Cash Flow	-36.99M	-74.39M	-80.61M	-79.09M	-73.76M	-70.06M

Music Broadcast Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 6.66
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:RADIOCITY, the sentiment is Neutral. The current price of 6.66 is above the 20-day moving average (MA) of 5.37, above the 50-day MA of 5.84, and below the 200-day MA of 7.46, indicating a bearish trend. The MACD of -0.30 indicates Positive momentum. The RSI at 47.24 is Neutral, neither overbought nor oversold. The STOCH value of 40.00 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:RADIOCITY.

Music Broadcast Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
RADIOCITY	54 Neutral	₹1.99B	15.77	―	―	-12.75%	-809.36%
SAMBHAAV	52 Neutral	₹1.11B	112.13	―	―	-4.53%	-100.15%
CINEVISTA	43 Neutral	₹827.09M	6.41	―	―	37558.79%	-267.29%
TNTELE	43 Neutral	₹404.28M	-3.30	―	―	―	―
RAJTV	40 Underperform	₹1.52B	1,020.62	―	―	―	―
NEXTMEDIA	39 Underperform	₹282.29M	-9.73	―	―	-67.89%	―