Music Broadcast Limited
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.
| Company | Market Cap |
|---|---|
|
Bulletin Resources Limited
F:7BR
|
$5.43 Million |
|
Sienna Resources Inc
PINK:SNNAF
|
$5.43 Million |
|
DC HEALTHCARE HOLDINGS BERHAD
KLSE:0283
|
$5.43 Million |
|
DS Sigma Holdings Berhad
KLSE:0269
|
$5.43 Million |
|
Andhra Cements Limited
NSE:ACL
|
$5.43 Million |
|
TARGETSPOT S.A. EO 1
F:6YW
|
$5.43 Million |
|
PT Agung Menjangan Mas Tbk
JK:AMMS
|
$5.42 Million |
|
Mountain Province Diamonds Inc
PINK:MPVDF
|
$5.42 Million |
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 |