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Earnings Call

Music Broadcast Earnings Call: Key Takeaways

Music Broadcast Limited (Radio City) reported Q4 FY26 revenue of INR 40.8cr and operating EBITDA of INR 6.1cr (15% margin), focusing on cost restructuring and operational efficiency.

Highlights
Revenue growthFY26 revenue down 25.6% YoY to INR 174cr.
MarginsEBITDA margins improved to 18% in FY26 from 17% in FY25.
Demand visibilityGradual improvement expected from festive spending and local advertisers.
Management confidenceHigh on operational efficiency and profitability despite revenue headwinds.

Growth

Revenue fell to INR 174cr in FY26 from INR 234cr in FY25; however, EBITDA margins improved to 18%.

Outlook

Optimistic on advertising recovery via festive spending and AI integration (AI RJ Sia) for efficiency.

Risks

Subdued advertising spend, industry-wide softness, and 2% industry volume degrowth.

Source

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

Read the document ↗

Music Broadcast Ltd: key numbers

Share price
₹6.05
Market cap
₹209.1 Cr
Revenue (annual)
₹174.4 Cr
Net profit (annual)
₹-53.32 Cr
P/E (TTM)
-5.0×Sector 27.7×
Promoter holding
74.05%+0.00% QoQ
FII holding
0.00%Current quarter

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

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12:38 IST BSE
Legal & Regulatory

Music Broadcast Legal & Regulatory

Music Broadcast received a GST SCN demanding ₹11.58 Crore for alleged FY23 tax shortfalls and excess ITC. The company disputes the notice, expecting no material impact.

Value
₹11.58 Cr
17:57 IST NSE
Annual General Meeting

Music Broadcast Annual General Meeting

Music Broadcast Limited conducted its 27th Annual General Meeting on September 02, 2026, via video conference. All resolutions set out in the meeting notice were passed.