Radiocity ( Music Broadcast) Fundamentals

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            Music Broadcast Limited is a subsidiary of Jagran Prakashan Ltd. It runs radio channel Radio City. Being the first FM radio broadcaster in India and with 19 years of expertise in the radio industry, Radio City is the second largest operator today.

               Music Broadcast currently has 39 stations across 12 states, comprising 62- of the country’s FM population. Radio City reaches out to over 69 million listeners in 34 cities covered by AZ Research 2019

  • Market Cap₹ 916 Cr.
  • Current Price₹ 26.5
  • High / Low₹ 29.6 / 14.6
  • Stock P/E
  • Book Value₹ 17.6
  • Dividend Yield0.00 %
  • ROCE-4.59 %
  • ROE-3.90 %
  • Face Value₹ 2.00
  • Promoter holding74.0 %



Name

                         CMP Rs.

Debt / Eq

Pledged %

  Reserves Rs.Cr.

Music Broadcast                            26.5                   0.04                      Nil                    916.07         


Quarterly Results (Rs in Crores)
                        June 2020               Sep 2020               Dec 2020               Mar 2021 

Net Profit-      -13.89                      -6.49                       0.07                       -3.87

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