Music Broadcast Limited

Music Broadcast Limited (RADIOCITY) is a micro-cap Media, Entertainment & Publication company valued at ₹194 crore operating in Media & Entertainment on the NSE and BSE.

Recent price move

Music Broadcast Limited last traded at ₹5.64, modestly down 1.23% on the day.

Recent developments

On 2026-06-30, the company reported a net loss of ₹53 crore for the fiscal year ending March 2026, marking a widening loss compared to the previous year. In the latest quarter, net profit turned positive at ₹9 crore, reversing a net loss of ₹2 crore in the same quarter a year earlier.

Financial performance

The company's business is deteriorating, with annual revenue falling 25.5% and net profit turning into a loss that widened from ₹34 crore to ₹53 crore. The latest quarter showed a swing from a net loss of ₹2 crore to a profit of ₹9 crore, but revenue declined 9.7% compared to the same quarter a year earlier.

Valuation multiples

A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at 0.49 times book value.

Things to watch

The company is currently in a net loss, with a net profit margin of -30.6%, down 16.0 percentage points from the prior year. The stock is 31.9% below its 52-week high, and the business has seen a sharp decline in revenue over the past three years, with a 4.3% annualized drop.

Where it stands

The company remains in a net loss, with a worsening net profit margin and a significant drop in revenue over the past three years. The latest quarter showed a reversal to a net profit of ₹9 crore, but the overall business is struggling with declining revenue and negative returns. The stock is 31.9% below its 52-week high.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.