Financials Music Broadcast Ltd NSE India S.E.

Equities

RADIOCITY

INE919I01016

Broadcasting

End-of-day quote NSE India S.E. 5-day change 1st Jan Change
- INR -.--% Intraday chart for Music Broadcast Ltd +0.49% -11.13%

Valuation

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Capitalization 1 22,676 16,054 5,151 8,141 8,919 3,733
Enterprise Value (EV) 1 22,544 14,440 3,212 6,522 8,769 4,191
P/E ratio 43.9 x 26.5 x 18.3 x -33.6 x -156 x 109 x
Yield - - - - - -
Capitalization / Revenue 7.6 x 4.94 x 2.08 x 6.38 x 5.3 x 1.88 x
EV / Revenue 7.56 x 4.45 x 1.3 x 5.11 x 5.21 x 2.11 x
EV / EBITDA 29.6 x 15.7 x 8.28 x -17.1 x -56.4 x -124 x
EV / FCF 154 x 54.2 x 6.14 x 29.7 x 86.4 x 10.8 x
FCF Yield 0.65% 1.85% 16.3% 3.36% 1.16% 9.22%
Price to Book 3.78 x 2.66 x 0.82 x 1.34 x 1.48 x 0.71 x
Nbr of stocks (in thousands) 356,592 345,686 345,686 345,686 345,686 345,686
Reference price 2 63.59 46.44 14.90 23.55 25.80 10.80
Announcement Date 5/22/18 8/20/19 8/18/20 8/20/21 7/28/22 7/26/23
1INR in Million2INR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: March 2018 2019 2020 2021 2022 2023
Net sales 1 2,982 3,247 2,478 1,276 1,684 1,989
EBITDA 1 761.3 919.3 387.7 -380.6 -155.5 -33.84
EBIT 1 708.2 860.7 318.2 -444.6 -217.2 -97.28
Operating Margin 23.75% 26.51% 12.84% -34.84% -12.9% -4.89%
Earnings before Tax (EBT) 1 752.2 955.3 289.2 -327.6 -75.62 60.62
Net income 1 517.2 616.2 282.1 -241.9 -57.01 34.4
Net margin 17.34% 18.98% 11.38% -18.96% -3.38% 1.73%
EPS 2 1.450 1.752 0.8160 -0.7000 -0.1649 0.0995
Free Cash Flow 1 146.8 266.7 523.1 219.5 101.5 386.3
FCF margin 4.92% 8.21% 21.11% 17.2% 6.03% 19.42%
FCF Conversion (EBITDA) 19.28% 29.01% 134.91% - - -
FCF Conversion (Net income) 28.38% 43.27% 185.44% - - 1,122.95%
Dividend per Share - - - - - -
Announcement Date 5/22/18 8/20/19 8/18/20 8/20/21 7/28/22 7/26/23
1INR in Million2INR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: March 2021 Q3 2021 Q4 2022 Q1 2022 Q2 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 Q3 2023 Q4 2024 Q1 2024 Q2 2024 Q3
Net sales 1 406.7 424.8 204.8 420.4 598.9 460.2 - 486.4 546.7 514.1 - 570 618
EBITDA 1 41.56 28.97 -132.1 45.65 177.8 18.88 - 40.61 93.35 54.18 - 79 112
EBIT 1 - - - - - - - - - - - -4 30
Operating Margin - - - - - - - - - - - -0.7% 4.85%
Earnings before Tax (EBT) - - -181.9 4.965 128 -26.66 - 1.445 58.37 0.664 - - -
Net income 1 0.732 -38.72 -129.4 2.924 90.05 -20.56 0.1 1.034 40.94 -7.676 9.362 20 44
Net margin 0.18% -9.11% -63.2% 0.7% 15.04% -4.47% - 0.21% 7.49% -1.49% - 3.51% 7.12%
EPS 2 - - - - - - - - - - 0.0300 0.1000 0.1000
Dividend per Share - - - - - - - - - - - - -
Announcement Date 1/21/21 5/20/21 7/22/21 10/21/21 1/24/22 5/24/22 8/3/22 10/31/22 1/25/23 5/23/23 7/27/23 - -
1INR in Million2INR
Estimates

Balance Sheet Analysis

Fiscal Period: March 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow 468 438 52.3 195 - - -
ROE (net income / shareholders' equity) 10.2% 4.68% -3.9% -0.94% 0.61% 3% 4%
ROA (Net income/ Total Assets) - - - - - - -
Assets - - - - - - -
Book Value Per Share 17.50 18.30 17.60 17.50 - - -
Cash Flow per Share - - - - - - -
Capex 387 54.9 1.63 31.3 - - -
Capex / Sales 11.91% 2.22% 0.13% 1.86% - - -
Announcement Date 5/27/19 5/25/20 5/20/21 5/24/22 5/23/23 - -
Estimates