Music Broadcast Limited (RADIOCITY) - Net Assets
Based on the latest financial reports, Music Broadcast Limited (RADIOCITY) has net assets worth Rs4.45 Billion INR (≈ $48.16 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs4.96 Billion ≈ $53.63 Million USD) and total liabilities (Rs505.76 Million ≈ $5.47 Million USD). 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. Check Music Broadcast Limited strategic asset allocation index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs4.45 Billion |
| % of Total Assets | 89.8% |
| Annual Growth Rate | N/A |
| 5-Year Change | -26.22% |
| 10-Year Change | -18.75% |
| Growth Volatility | 208.56 |
Music Broadcast Limited - Net Assets Trend (2012–2026)
This chart illustrates how Music Broadcast Limited's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see RADIOCITY market cap.
Annual Net Assets for Music Broadcast Limited (2012–2026)
The table below shows the annual net assets of Music Broadcast Limited from 2012 to 2026. Also explore net asset momentum of Music Broadcast Limited to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs4.45 Billion ≈ $48.16 Million |
-10.53% |
| 2025-03-31 | Rs4.98 Billion ≈ $53.83 Million |
-6.38% |
| 2024-03-31 | Rs5.32 Billion ≈ $57.50 Million |
+1.32% |
| 2023-03-31 | Rs5.25 Billion ≈ $56.75 Million |
-13.06% |
| 2022-03-31 | Rs6.04 Billion ≈ $65.28 Million |
-1.01% |
| 2021-03-31 | Rs6.10 Billion ≈ $65.94 Million |
-3.49% |
| 2020-03-31 | Rs6.32 Billion ≈ $68.33 Million |
+4.72% |
| 2019-03-31 | Rs6.03 Billion ≈ $65.25 Million |
+0.58% |
| 2018-03-31 | Rs6.00 Billion ≈ $64.87 Million |
+9.44% |
| 2017-03-31 | Rs5.48 Billion ≈ $59.28 Million |
+410.38% |
| 2016-03-31 | Rs1.07 Billion ≈ $11.61 Million |
+30.88% |
| 2015-03-31 | Rs820.53 Million ≈ $8.87 Million |
+672.41% |
| 2014-03-31 | Rs106.23 Million ≈ $1.15 Million |
+177.53% |
| 2013-03-31 | Rs-137.02 Million ≈ $-1.48 Million |
+48.72% |
| 2012-03-31 | Rs-267.19 Million ≈ $-2.89 Million |
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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 243308000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs691.37 Million | 15.52% |
| Other Comprehensive Income | Rs3.76 Billion | 84.48% |
| Other Components | Rs1.00 | 0.00% |
| Total Equity | Rs4.45 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 |
|---|---|
|
CMC Markets PLC
LSE:CMCX
|
$22.54 Million |
|
Ntaw Holdings Ltd
AU:NTD
|
$22.55 Million |
|
Golden Heaven Group Holdings Ltd. Ordinary Shares
NASDAQ:GDHG
|
$22.56 Million |
|
Able View Global Inc. Class B Ordinary Shares
NASDAQ:ABLV
|
$22.56 Million |
|
DAP Corporation
KQ:066900
|
$22.54 Million |
|
Planet Green Holdings Corp
NYSE MKT:PLAG
|
$22.49 Million |
|
FibroBiologics, Inc. Common Stock
NASDAQ:FBLG
|
$22.48 Million |
|
Yw Company Limited
KQ:051390
|
$22.48 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 2025 to 2026, total equity changed from 4,977,367,000 to 4,453,431,000, a change of -523,936,000 (-10.5%).
- Net loss of 533,241,000 reduced equity.
- Dividend payments of 90,000 reduced retained earnings.
- Share repurchases of 1,076,350,000 reduced equity.
- Other comprehensive income increased equity by 2,391,265,999.
- Other factors decreased equity by 1,305,520,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs-533.24 Million | -11.97% |
| Dividends Paid | Rs90.00K | -0.0% |
| Share Repurchases | Rs1.08 Billion | -24.17% |
| Other Comprehensive Income | Rs2.39 Billion | +53.69% |
| Other Changes | Rs-1.31 Billion | -29.31% |
| Total Change | Rs- | -10.53% |
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: 0.47x
- 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 | Rs-0.75 | Rs6.03 | x |
| 2013-03-31 | Rs-0.38 | Rs6.03 | x |
| 2014-03-31 | Rs0.30 | Rs6.03 | x |
| 2015-03-31 | Rs2.30 | Rs6.03 | x |
| 2016-03-31 | Rs4.02 | Rs6.03 | x |
| 2017-03-31 | Rs19.26 | Rs6.03 | x |
| 2018-03-31 | Rs16.82 | Rs6.03 | x |
| 2019-03-31 | Rs17.17 | Rs6.03 | x |
| 2020-03-31 | Rs18.28 | Rs6.03 | x |
| 2021-03-31 | Rs17.64 | Rs6.03 | x |
| 2022-03-31 | Rs17.46 | Rs6.03 | x |
| 2023-03-31 | Rs15.18 | Rs6.03 | x |
| 2024-03-31 | Rs15.54 | Rs6.03 | x |
| 2025-03-31 | Rs14.42 | Rs6.03 | x |
| 2026-03-31 | Rs12.86 | Rs6.03 | 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): -11.97%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -30.57%
- • Asset Turnover: 0.35x
- • Equity Multiplier: 1.11x
- Recent ROE (-11.97%) is below the historical average (22.28%), 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 | Rs5.02 Million |
| 2013 | 0.00% | 8.42% | 0.81x | 0.00x | Rs129.89 Million |
| 2014 | 228.98% | 15.78% | 0.91x | 16.00x | Rs232.63 Million |
| 2015 | 57.35% | 23.43% | 0.49x | 4.96x | Rs388.54 Million |
| 2016 | 39.58% | 18.30% | 0.48x | 4.52x | Rs317.68 Million |
| 2017 | 6.69% | 13.51% | 0.36x | 1.39x | Rs-181.52 Million |
| 2018 | 8.62% | 17.34% | 0.43x | 1.16x | Rs-82.69 Million |
| 2019 | 10.21% | 18.98% | 0.44x | 1.21x | Rs12.86 Million |
| 2020 | 4.46% | 11.38% | 0.36x | 1.09x | Rs-349.71 Million |
| 2021 | -3.97% | -18.96% | 0.19x | 1.08x | Rs-851.66 Million |
| 2022 | -0.94% | -3.38% | 0.26x | 1.08x | Rs-660.61 Million |
| 2023 | 0.66% | 1.73% | 0.30x | 1.25x | Rs-490.35 Million |
| 2024 | 1.29% | 2.99% | 0.34x | 1.28x | Rs-463.24 Million |
| 2025 | -6.80% | -14.43% | 0.35x | 1.34x | Rs-836.11 Million |
| 2026 | -11.97% | -30.57% | 0.35x | 1.11x | Rs-978.58 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: $4,631,794,308
- Average return on equity (ROE) among peers: 5.36%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Music Broadcast Limited (RADIOCITY) | Rs4.45 Billion | 0.00% | 0.11x | $22.54 Million |
| B.A.G Films and Media Limited (BAGFILMS) | $1.58 Billion | 0.02% | 1.22x | $9.31 Million |
| Entertainment Network (India) Limited (ENIL) | $3.82 Billion | 4.49% | 0.23x | $51.76 Million |
| New Delhi Television Limited (NDTV) | $1.99 Billion | 18.34% | 0.17x | $85.94 Million |
| Next Mediaworks Limited (NEXTMEDIA) | $1.82 Billion | -5.37% | 0.55x | $2.77 Million |
| Sri Adhikari Brothers Television Network Limited (SABTNL) | $-568.79 Million | 0.00% | 0.00x | $12.39 Million |
| TV Today Network Limited (TVTODAY) | $3.25 Billion | 3.76% | 0.49x | $68.19 Million |
| TV Vision Limited (TVVISION) | $-452.08 Million | 0.00% | 0.00x | $1.10 Million |
| Zee Entertainment Enterprises Limited (ZEEL) | $24.93 Billion | 12.75% | 0.40x | $804.11 Million |
| Zee Media Corporation Limited (ZEEMEDIA) | $5.32 Billion | 14.24% | 1.08x | $51.53 Million |
About 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