| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 41.0 | 37.8 | +8.2% |
| EBITDA | 6.1 | −5.5 | — |
| EBITDA margin | 15.0% | −14.5% | +29.5 pts |
| Profit before tax | 8.9 | −8.8 | — |
| Net profit | 6.7 | −6.9 | — |
| EPS | ₹0.19 | −₹0.20 | — |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 184 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 140 | 102 | 149 | 9.4 | 6.4 | ||
| 0.0 | 0.0 | 100 | — | 83.7 | ||
| 44.5 | — | — | — | — | ||
| 173 | 174 | 234 | 229 | 199 | ||
| — | −25.6% | +2.6% | +14.9% | — | ||
| −24.8 | −44.4 | −22.3 | 33.2 | 23.1 | ||
| −14.4% | −25.5% | −9.5% | 14.5% | 11.6% | ||
| −46.4 | −72.0 | −56.9 | −0.3 | −9.7 | ||
| −28.4 | −53.3 | −33.8 | 6.8 | 3.4 | ||
| −16.4% | −30.6% | −14.4% | 3.0% | 1.7% | ||
| −₹0.82 | −₹1.54 | −₹0.98 | ₹0.20 | ₹0.10 | ||
| — | −57.6% | −594.4% | +99.0% | — | ||
| — | 21.7 | 16.6 | 27.3 | 30.5 | ||
| — | −5.5 | −12.7 | −9.7 | −9.5 | ||
| 16.2 | 16.2 | 3.9 | 17.6 | 21.0 | ||
From the company's filings with NSE and BSE (Ind-AS), standalone. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 184.3 | |
| - Cash, Equiv & ST Investments | 6.4 | 9.4 | 149.1 | 102.1 | 139.8 | |
| + Total Debt | 83.7 | — | 100.2 | 0.0 | 0.0 | |
| Enterprise Value | — | — | — | — | 44.5 | |
| Revenue | 198.9 | 228.5 | 234.5 | 174.4 | 172.8 | |
| Growth %, YoY | — | +14.9 | +2.6 | -25.6 | — | |
| EBITDA | 23.1 | 33.2 | -22.3 | -44.4 | -24.8 | |
| Margin % | 11.60 | 14.51 | -9.51 | -25.47 | -14.36 | |
| EBIT | -9.7 | -0.3 | -56.9 | -72.0 | -46.4 | |
| Net Income | 3.4 | 6.8 | -33.8 | -53.3 | -28.4 | |
| Margin % | 1.73 | 2.99 | -14.43 | -30.57 | -16.42 | |
| EPS, Adj (current shares) | 0.10 | 0.20 | -0.98 | -1.54 | -0.82 | |
| Growth %, YoY | — | +99.0 | -594.4 | -57.6 | — | |
| Cash from Operations | 30.5 | 27.3 | 16.6 | 21.7 | — | |
| Capital Expenditures | -9.5 | -9.7 | -12.7 | -5.5 | — | |
| Free Cash Flow | 21.0 | 17.6 | 3.9 | 16.2 | 16.2 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Music Broadcast (NSE: RADIOCITY) had a market capitalisation of ₹182 crore at the 29 October 2026 close (₹5.26 a share) and a price-to-book ratio of 0.39. In FY26 its consolidated net loss was ₹53.3 crore on revenue of ₹174 crore; in Q2 FY27 (July–September 2026) it was ₹6.7 crore. It had no borrowings on 30 September 2026. Promoters held 74.05% of the shares on 30 September 2026.
Music Broadcast's PE ratio is not meaningful at the 29 October 2026 close: its consolidated net profit over the last four quarters (Q3 FY26 to Q2 FY27) was a loss of ₹28.4 crore, and a price-to-earnings ratio needs positive earnings. Its market capitalisation was ₹182 crore at ₹5.26 a share.
Music Broadcast's price-to-book (PB) ratio is 0.39 at the 29 October 2026 close: a market capitalisation of ₹182 crore divided by shareholders' equity (book value) of ₹461 crore on 30 September 2026. That is a book value of ₹13.34 per share against a share price of ₹5.26.
In FY26, Music Broadcast's return on equity (ROE) was −11.3% and its return on capital employed (ROCE) was −14.5%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities).
Music Broadcast's market capitalisation was ₹182 crore at the 29 October 2026 close: 34.57 crore shares at ₹5.26 each.
Yes. Music Broadcast had no borrowings on 30 September 2026 (consolidated balance sheet), and it held ₹140 crore of cash, bank balances and current investments.
Music Broadcast's basic earnings per share (EPS) were −₹1.54 in FY26, against −₹0.98 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to −₹0.82.
Music Broadcast's debt-to-equity ratio was 0.00 on 30 September 2026: no borrowings against total equity of ₹461 crore. A year earlier, on 30 September 2025, it was 0.21.
Music Broadcast's net worth — shareholders' equity in its consolidated balance sheet — was ₹461 crore on 30 September 2026, down 5.7% from ₹489 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹182 crore at the 29 October 2026 close.
In FY26, Music Broadcast generated ₹21.7 crore of cash from operations and spent ₹5.5 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹16.2 crore. In FY25 it was ₹3.9 crore.
Music Broadcast's book value per share was ₹13.34 on 30 September 2026: shareholders' equity of ₹461 crore divided by the 34.57 crore shares in issue, down 5.7% from ₹14.16 a year earlier. The share price at the 29 October 2026 close was ₹5.26.
On 30 September 2026, Music Broadcast's shares were held by promoters 74.05%, foreign portfolio investors (FII/FPI) 0.00%, domestic institutions (DII) 3.75% and retail and other non-institutional investors 22.20%. Over the year, FII holding was unchanged and DII holding was unchanged.
Music Broadcast's latest results are for Q2 FY27 (July–September 2026), filed on 26 October 2026: consolidated net profit ₹6.7 crore, against a loss of ₹6.9 crore in Q2 FY26; revenue from operations ₹41 crore, up 8.2% year on year.
Promoters held 74.05% of Music Broadcast on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
In FY26 (April 2025–March 2026), Music Broadcast's consolidated net loss was ₹53.3 crore, wider than the loss of ₹33.8 crore in FY25, on revenue from operations of ₹174 crore (down 25.6%).
Music Broadcast has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On FY26 consolidated figures, against Entertainment Network, Nazara Technologies and Network18 Media & Investments: Music Broadcast's operating margin of −41.3% is the lowest of the four (Entertainment Network −7.0%, Nazara Technologies 1.0%, Network18 Media & Investments −4.2%; peer average −3.4%); its return on equity of −11.3% is the lowest of the four (Entertainment Network −1.0%, Nazara Technologies 2.6%, Network18 Media & Investments 3.2%; peer average 1.6%); its revenue growth over three years of −4.3% a year is the third highest of the four (Entertainment Network 8.7% a year, Nazara Technologies 18.8% a year, Network18 Media & Investments −30.2% a year; peer average −0.9% a year).
In FY26, Music Broadcast earned net profit of ₹53.3 crore on revenue of ₹174 crore, against ₹7.7 crore on ₹565 crore for Entertainment Network. Music Broadcast's operating margin was −41.3% (Entertainment Network −7.0%) and its return on equity −11.3% (Entertainment Network −1.0%). At the 29 October 2026 close, Music Broadcast's market capitalisation was ₹182 crore against ₹396 crore for Entertainment Network.
From Music Broadcast's own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.