RADIOCITY

Music Broadcast Limited

Private FM radio operator under Radio City brand

Consumer Discretionary›Media, Entertainment & Publication›Entertainment›Media & Entertainment

radiocity.in(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹5.60
Market cap
194 Cr
Stock P/E
Loss (TTM EPS ₹-1.21)
P/B
0.43
Dividend yield
0.0%
ROE (FY26)
-12.0%
ROCE (FY26)
-10.2%
Operating margin (FY26)
-41.3%
Debt / equity (FY26)
0.0005
OCF / EBITDA (FY24)
82.4%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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What you need to know

Radio City (Music Broadcast) runs private FM radio stations in India and earns most of its revenue by selling advertising airtime to brands, alongside branded properties, events and digital audio.

Company snapshot

8thBy market cap

Ranked among 13 companies in Media & Entertainment.

What we see

Positives
  • ✓Debt-to-equity of 0.00x — the company is largely funded by its own money, not borrowed funds.
Concerns
  • ✗Net margin is negative — the company is spending more than it earns right now.
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Statement tables · Standalone

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Standalone only

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales52 Cr60 Cr63 Cr60 Cr55 Cr65 Cr55 Cr49 Cr38 Cr46 Cr41 Cr45 Cr
Operating expenses (approx.)46 Cr51 Cr52 Cr50 Cr52 Cr55 Cr100 Cr48 Cr43 Cr39 Cr88 Cr36 Cr
EBITDA6 Cr9 Cr10 Cr9 Cr3 Cr11 Cr-45 Cr0.94 Cr-5 Cr8 Cr-47 Cr9 Cr
OPM %12.2%15.7%16.3%15.5%5.5%16.6%-83.0%1.9%-14.5%16.4%-116.4%20.0%
Other income6 Cr6 Cr6 Cr7 Cr6 Cr7 Cr7 Cr7 Cr7 Cr8 Cr5 Cr8 Cr
Interest2 Cr2 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr3 Cr1 Cr0.72 Cr
Depreciation8 Cr8 Cr8 Cr9 Cr9 Cr9 Cr9 Cr7 Cr7 Cr7 Cr7 Cr4 Cr
Profit before tax1 Cr4 Cr5 Cr5 Cr-2 Cr6 Cr-50 Cr-2 Cr-9 Cr6 Cr-51 Cr12 Cr
Tax %72.6%42.1%41.1%42.8%-1.0%39.4%24.1%0.3%21.4%39.5%5.6%25.2%
Net profit0.37 Cr3 Cr3 Cr3 Cr-2 Cr4 Cr-38 Cr-2 Cr-7 Cr4 Cr-48 Cr9 Cr
EPS (₹)₹0.01₹0.07₹0.09₹0.07₹-0.06₹0.10₹-1.10₹-0.06₹-0.20₹0.11₹-1.39₹0.27

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales271 Cr298 Cr325 Cr248 Cr128 Cr168 Cr199 Cr229 Cr234 Cr174 CrSign in free for the trailing twelve months
Operating expenses (approx.)180 Cr201 Cr212 Cr191 Cr139 Cr157 Cr176 Cr195 Cr257 Cr219 CrSign in free for the trailing twelve months
EBITDA91 Cr97 Cr113 Cr57 Cr-11 Cr11 Cr23 Cr33 Cr-22 Cr-44 CrSign in free for the trailing twelve months
OPM %33.6%32.6%34.9%23.1%-8.8%6.5%11.6%14.5%-9.5%-25.5%Sign in free for the trailing twelve months
Other income4 Cr19 Cr15 Cr16 Cr15 Cr17 Cr20 Cr23 Cr27 Cr27 CrSign in free for the trailing twelve months
Interest19 Cr15 Cr6 Cr10 Cr3 Cr3 Cr4 Cr10 Cr12 Cr10 CrSign in free for the trailing twelve months
Depreciation20 Cr26 Cr27 Cr35 Cr33 Cr33 Cr33 Cr33 Cr35 Cr28 CrSign in free for the trailing twelve months
Profit before tax57 Cr75 Cr96 Cr29 Cr-33 Cr-8 Cr6 Cr13 Cr-42 Cr-56 CrSign in free for the trailing twelve months
Tax %35.7%31.2%35.5%2.5%26.2%24.6%43.3%46.9%18.7%4.2%Sign in free for the trailing twelve months
Net profit37 Cr52 Cr62 Cr28 Cr-24 Cr-6 Cr3 Cr7 Cr-34 Cr-53 CrSign in free for the trailing twelve months
EPS (₹)₹8.05₹9.06₹2.19₹0.82₹-0.70₹-0.16₹0.10₹0.20₹-0.98₹-1.54Sign in free for the trailing twelve months
Dividend payout %———————0.1%——Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital57 Cr57 Cr55 Cr69 Cr69 Cr69 Cr69 Cr69 Cr69 Cr69 Cr
Reserves491 Cr543 Cr548 Cr563 Cr541 Cr534 Cr456 Cr463 Cr429 Cr376 Cr
Borrowings50 Cr50 Cr16 Cr———84 Cr—100 Cr—
Other liabilities163 Cr49 Cr112 Cr56 Cr47 Cr50 Cr48 Cr149 Cr67 Cr51 Cr
Total liabilities761 Cr699 Cr731 Cr688 Cr657 Cr654 Cr656 Cr681 Cr665 Cr496 Cr
Fixed assets (net)35 Cr41 Cr75 Cr95 Cr90 Cr65 Cr68 Cr74 Cr68 Cr49 Cr
CWIP——0 Cr0 Cr0 Cr0 Cr0.24 Cr0.86 Cr0.07 Cr—
Investments27 Cr156 Cr172 Cr208 Cr202 Cr219 Cr220 Cr—311 Cr250 Cr
Trade receivables82 Cr110 Cr125 Cr106 Cr77 Cr76 Cr66 Cr—76 Cr54 Cr
Cash & bank86 Cr13 Cr15 Cr8 Cr10 Cr8 Cr6 Cr9 Cr9 Cr4 Cr
Other assets532 Cr378 Cr344 Cr271 Cr278 Cr286 Cr296 Cr597 Cr202 Cr138 Cr
Total assets761 Cr699 Cr731 Cr688 Cr657 Cr654 Cr656 Cr681 Cr665 Cr496 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity79 Cr40 Cr86 Cr49 Cr5 Cr23 Cr—27 Cr17 Cr22 Cr
Cash from investing-211 Cr3 Cr-44 Cr32 Cr4 Cr-18 Cr—-16 Cr-9 Cr88 Cr
Cash from financing205 Cr-116 Cr-40 Cr-89 Cr-7 Cr-7 Cr—-8 Cr-7 Cr-114 Cr
Net cash flow73 Cr-72 Cr2 Cr-7 Cr2 Cr-2 Cr—3 Cr-0.30 Cr-5 Cr
Free cash flow (OCF − Capex)51 Cr34 Cr46 Cr43 Cr5 Cr20 Cr—18 Cr4 Cr16 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %12.7%13.9%16.3%6.1%-4.8%-0.8%1.6%4.3%-5.0%-10.2%
ROE %6.7%8.6%10.2%4.5%-4.0%-0.9%0.7%1.3%-6.8%-12.0%
Debtor days110135141156220163121—118112
Inventory days——00000000
Days payable44272831353632—3336
Cash conversion cycle651081131261861288908576
OCF / EBITDA %86.5%41.3%75.6%86.3%—206.2%—82.4%——
OCF / EBITDA % (3 years)——67.8%65.4%88.2%136.1%————
Debt / equity0.090.080.030.00040.000.000.160.000.200.0005
Current ratio2.534.613.6910.2810.784.344.08—1.857.04
Net debt / EBITDA-0.39—0.0072-0.13—-0.693.35-0.28——