Music Broadcast Limited

NSE:RADIOCITY India Broadcasting
Market Cap
$21.87 Million
₹1.89 Billion INR
Market Cap Rank
#30943 Global
#1724 in India
Share Price
₹5.48
Change (1 day)
-2.32%
52-Week Range
₹5.48 - ₹10.82
All Time High
₹70.98
About

Music Broadcast Limited engages in the operating of FM radio stations under the Radio City brand name in India. The company operates radiocity.in website, and 39 radio stations across India. It serves individual listeners, multiple advertisement agencies, media partners, other broadcasting agencies, government and non- government organizations, retail chains, etc. Music Broadcast Limited was inco… Read more

Music Broadcast Limited (RADIOCITY) - Net Assets

Latest net assets as of September 2025: ₹4.89 Billion INR

Based on the latest financial reports, Music Broadcast Limited (RADIOCITY) has net assets worth ₹4.89 Billion INR as of September 2025.

Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹6.58 Billion) and total liabilities (₹1.68 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.

Key Net Assets Metrics

Metric Value
Current Net Assets ₹4.89 Billion
% of Total Assets 74.4%
Annual Growth Rate N/A
5-Year Change -18.37%
10-Year Change 363.48%
Growth Volatility 215.47

Music Broadcast Limited - Net Assets Trend (2012–2025)

This chart illustrates how Music Broadcast Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.

Annual Net Assets for Music Broadcast Limited (2012–2025)

The table below shows the annual net assets of Music Broadcast Limited from 2012 to 2025.

Year Net Assets Change
2025-03-31 ₹4.98 Billion -6.38%
2024-03-31 ₹5.32 Billion +1.32%
2023-03-31 ₹5.25 Billion -13.06%
2022-03-31 ₹6.04 Billion -1.01%
2021-03-31 ₹6.10 Billion -3.49%
2020-03-31 ₹6.32 Billion +4.72%
2019-03-31 ₹6.03 Billion +0.58%
2018-03-31 ₹6.00 Billion +9.44%
2017-03-31 ₹5.48 Billion +410.38%
2016-03-31 ₹1.07 Billion +30.88%
2015-03-31 ₹820.53 Million +672.41%
2014-03-31 ₹106.23 Million +177.53%
2013-03-31 ₹-137.02 Million +48.72%
2012-03-31 ₹-267.19 Million --

Equity Component Analysis

This analysis shows how different components contribute to Music Broadcast Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

  • Retained earnings have grown by 208566000000.0% over the analyzed period, indicating profitable operations and earnings retention.

Current Equity Component Breakdown (March 2025)

Component Amount Percentage
Common Stock ₹691.37 Million 13.89%
Other Comprehensive Income ₹1.37 Billion 27.54%
Other Components ₹3.26 Billion 65.55%
Total Equity ₹4.98 Billion 100.00%

Music Broadcast Limited Competitors by Market Cap

The table below lists competitors of Music Broadcast Limited ranked by their market capitalization.

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Music Broadcast Limited's equity between the two most recent reporting periods.

Equity Growth Insights

  • From 2024 to 2025, total equity changed from 5,316,840,000 to 4,977,367,000, a change of -339,473,000 (-6.4%).
  • Net loss of 338,370,000 reduced equity.
  • Dividend payments of 90,000 reduced retained earnings.
  • Other comprehensive income increased equity by 1,000.

Equity Change Factors (2024 to 2025)

Factor Impact Contribution
Net Income ₹-338.37 Million -6.8%
Dividends Paid ₹90.00K -0.0%
Other Comprehensive Income ₹1.00K +0.0%
Other Changes ₹-1.01 Million -0.02%
Total Change ₹- -6.38%

Book Value vs Market Value Analysis

This analysis compares Music Broadcast Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

  • Current price-to-book ratio: 0.38x
  • The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.

Historical Price-to-Book Ratios

Date Book Value per Share Market Price P/B Ratio
2012-03-31 ₹-0.75 ₹5.48 x
2013-03-31 ₹-0.38 ₹5.48 x
2014-03-31 ₹0.30 ₹5.48 x
2015-03-31 ₹2.30 ₹5.48 x
2016-03-31 ₹4.02 ₹5.48 x
2017-03-31 ₹19.26 ₹5.48 x
2018-03-31 ₹16.82 ₹5.48 x
2019-03-31 ₹17.17 ₹5.48 x
2020-03-31 ₹18.28 ₹5.48 x
2021-03-31 ₹17.64 ₹5.48 x
2022-03-31 ₹17.46 ₹5.48 x
2023-03-31 ₹15.18 ₹5.48 x
2024-03-31 ₹15.54 ₹5.48 x
2025-03-31 ₹14.42 ₹5.48 x

Capital Efficiency Dashboard

This dashboard shows how efficiently Music Broadcast Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

  • Current Return on Equity (ROE): -6.80%
  • The company may be facing challenges in efficiently utilizing shareholder equity.
  • DuPont Analysis Breakdown:
  • • Net Profit Margin: -14.43%
  • • Asset Turnover: 0.35x
  • • Equity Multiplier: 1.34x
  • Recent ROE (-6.80%) is below the historical average (24.72%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year Return on Equity Net Profit Margin Asset Turnover Equity Multiplier Economic Value Added
2012 0.00% -1.78% 0.68x 0.00x ₹5.02 Million
2013 0.00% 8.42% 0.81x 0.00x ₹129.89 Million
2014 228.98% 15.78% 0.91x 16.00x ₹232.63 Million
2015 57.35% 23.43% 0.49x 4.96x ₹388.54 Million
2016 39.58% 18.30% 0.48x 4.52x ₹317.68 Million
2017 6.69% 13.51% 0.36x 1.39x ₹-181.52 Million
2018 8.62% 17.34% 0.43x 1.16x ₹-82.69 Million
2019 10.21% 18.98% 0.44x 1.21x ₹12.86 Million
2020 4.46% 11.38% 0.36x 1.09x ₹-349.71 Million
2021 -3.97% -18.96% 0.19x 1.08x ₹-851.66 Million
2022 -0.94% -3.38% 0.26x 1.08x ₹-660.61 Million
2023 0.66% 1.73% 0.30x 1.25x ₹-490.35 Million
2024 1.29% 2.99% 0.34x 1.28x ₹-463.24 Million
2025 -6.80% -14.43% 0.35x 1.34x ₹-836.11 Million

Industry Comparison

This section compares Music Broadcast Limited's net assets metrics with peer companies in the Broadcasting industry.

Industry Context

  • Industry: Broadcasting
  • Average net assets among peers: $3,541,561,621
  • Average return on equity (ROE) among peers: -37.12%

Peer Company Comparison

Company Net Assets Return on Equity Debt-to-Equity Market Cap
Music Broadcast Limited (RADIOCITY) ₹4.89 Billion 0.00% 0.34x $5.43 Million
Aqylon Nexus Limited (AQYLON) $-783.85 Million 0.00% 0.00x $101.09 Million
B.A.G Films and Media Limited (BAGFILMS) $1.99 Billion -4.58% 0.97x $3.70 Million
Entertainment Network (India) Limited (ENIL) $2.66 Billion 11.69% 0.36x $16.35 Million
New Delhi Television Limited (NDTV) $602.60 Million -358.60% 9.67x $26.19 Million
Next Mediaworks Limited (NEXTMEDIA) $1.34 Billion -15.47% 0.42x $746.35K
Raj Television Network Limited (RAJTV) $1.42 Billion 3.80% 0.34x $1.41 Million
Sri Adhikari Brothers Television Network Limited (SABTNL) $1.36 Billion -0.08% 0.59x $236.65 Million
Sun TV Network Limited (SUNTV) $20.10 Billion 25.86% 0.25x $545.02 Million
TV Today Network Limited (TVTODAY) $3.18 Billion 3.31% 0.41x $32.28 Million