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Earnings Call

Entertainment Network (India) Earnings Call: Key Takeaways

ENIL delivered FY26 consolidated revenue of ₹565cr (+3.9% YoY) with digital business growing 84% to ₹112.4cr. Strategy focuses on shifting Gaana to a pure subscription model to achieve breakeven in FY27.

Why this was an Alfa AlertNot a filter event. Results were discussed in context of growth but no prior specific quantitative guidance range was provided to measure a material beat.
Highlights
Revenue growthFY26 consolidated revenue grew 3.9% YoY; Digital revenue surged 84%.
MarginsEBITDA margin (excl. digital) at 18%; digital spending reduced by 23%.
Demand visibilityChallenging radio macro environment; strong momentum in digital and subscription.
Management confidenceHigh confidence in subscription model and digital growth as long-term drivers.

Growth

Digital revenue grew 84% YoY; Domestic revenue up 4% to ₹548cr; Gaana revenue reached ₹112cr.

Outlook

Targeting Gaana breakeven in FY27; exploring inorganic growth opportunities; maintained ₹2 dividend per share.

Risks

Geopolitical tensions in Middle East impacted international concerts; subdued radio industry demand; ₹113cr income tax notice.

Source

Earnings Call filed with BSE, NSE: ENIL. Summary written with AI assistance from the document.

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Entertainment Network (India) Ltd: key numbers

Share price
₹99.07
Market cap
₹472.3 Cr
Revenue (annual)
₹565.2 Cr
Net profit (annual)
₹-7.66 Cr
P/E (TTM)
-57.0×Sector 27.7×
Promoter holding
71.15%+0.00% QoQ
FII holding
6.05%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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