- POSITIVE
Quarterly Revenue Music Broadcast Sep-2026 Quarterly Revenue is Rs 48 Cr which is growth of 8.4% YoY.
- POSITIVE
Quarterly Net Profit Music Broadcast Sep-2026 Quarterly Net Profit is Rs 7 Cr which is growth of 197.2% YoY.
NSE: RADIOCITY | BSE: 540366
Music Broadcast Live Share Price Today, Share Analysis and Chart
aboutMusic Broadcast Limited (MBL), operating under the brand Radio City, is a prominent private FM radio broadcaster in India. A subsidiary of Jagran Prakashan Limited, MBL operates a network of 39 stations across 12 states, covering approximately 62... Read More
5.350.07(1.33%)
17,913
NSE+BSE Volume
NSE 03 Nov, 2026 3:31 PM (IST)
Slowing Down StockThese stocks have medium financials and valuations, but weak momentum indicating decreasing investor interestView SimilarEmbed DVM
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Music Broadcast Stock Price Analysis
Day Price Range1.3% 1 Day return | 5.4 (LTP) 5.25.4 LowHigh |
|---|---|
Week Price Range2.9% 1 Week return | 5.4 (LTP) 55.7 LowHigh |
Month Price Range-9.0% 1 Month return | 5.4 (LTP) 56.1 LowHigh |
52 Week Price Range-33.4% 1 Year return | 5.4 (LTP) 4.58.1 LowHigh |
Competitors/Peers
Quarterly
Annual
Balance Sheet
Ratios
Cash Flow
Documents
Music Broadcast quarterly results: revenue, profit, and P&L – 13 quarter history
Nested row level
Base Level
Reporting Type
Standalone
Cell Data
Actual
Table Settings
YoY & New to Old
Nested row level
Base Level
Export
| Indicator | Graph | Sep '26 | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 48.4 | 52.7 | 45.4 | 54.8 | 44.7 | 56.3 | 61.7 | 72.1 | 61.3 | 66.2 | 68.5 | 66.2 | 58.2 | ||
Operating Exp. | 34.8 | 35.6 | 39.2 | 38.9 | 43.3 | 48.4 | 100.1 | 54.6 | 51.8 | 50.4 | 52.4 | 51 | 46.1 | |
Operating Profit | 6.2 | 8.9 | -47.5 | 7.6 | -5.5 | 0.9 | -45.4 | 10.8 | 3 | 9.2 | 10.2 | 9.5 | 6.4 | |
Operating Profit Margin % | 15.00% | 20.03% | -116.42% | 16.37% | -14.51% | 1.90% | -83.03% | 16.57% | 5.52% | 15.50% | 16.30% | 15.70% | 12.16% | |
Depr. | 4.1 | 4.1 | 6.6 | 6.8 | 7.1 | 7.1 | 8.7 | 8.8 | 8.6 | 8.5 | 8.5 | 8.4 | 8.3 | |
Interest | 0.6 | 0.7 | 1.2 | 3.1 | 3.1 | 3.1 | 3 | 2.9 | 2.9 | 2.8 | 2.6 | 2.4 | 2.5 | |
Profit Before Tax | 8.9 | 12.3 | -50.8 | 6.1 | -8.8 | -2.2 | -50.1 | 5.9 | -2 | 4.5 | 5 | 4.4 | 1.3 | |
Tax | 2.3 | 3.1 | -2.9 | 2.4 | -1.9 | -0 | -12.1 | 2.3 | 0 | 1.9 | 2.1 | 1.9 | 1 | |
Net Profit | 6.7 | 9.2 | -48 | 3.7 | -6.9 | -2.2 | -38 | 3.6 | -2 | 2.6 | 3 | 2.6 | 0.4 | |
EPS Adj. latest | 0.2 | 0.3 | -1.4 | 0.1 | -0.2 | -0.1 | -1.1 | 0.1 | -0.1 | 0.1 | 0.1 | 0.1 | 0 | |
Net profit TTM | -28.4 | -41.9 | -53.3 | -43.4 | -43.5 | -38.6 | -33.8 | 7.2 | 6.1 | 8.5 | 6.8 | 3.1 | 4.6 | |
Basic EPS TTM | -0.8 | -1.2 | -1.5 | -1.3 | -1.3 | -1.1 | -1 | 0.2 | 0.2 | 0.3 | 0.2 | 0.1 | 0.1 | |
Earnings Transcripts | ||||||||||||||
AI Summary | ||||||||||||||
Results PDF | ||||||||||||||
Result Notes |
*All financials are in INR Cr and price data in INR
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Music Broadcast Technical Analysis
Music Broadcast EMA & SMA
Bearish-6
1 bullish, 7 bearish
Bullish1
Bearish7
| 5 Day | 5.3 |
|---|---|
| 10 Day | 5.4 |
| 12 Day | 5.4 |
| 20 Day | 5.6 |
| 26 Day | 5.6 |
|---|---|
| 50 Day | 5.9 |
| 100 Day | 6.0 |
| 200 Day | 6.4 |
Music Broadcast Delivery And Volume
Daily Avg. Delivery Volume %
02 Nov, 202677.4%
Week64.4%
Month68.8%
Music Broadcast Active Candlesticks
Harami Cross Uptrend Harami Uptrend Homing Pigeon Long Legged Doji Uptrend Rickshaw Man Uptrend
Legend
Positive IndicatorNeutral IndicatorNegative Indicator
Music Broadcast Resistance and Support
5.32
Pivot
| First Resistance | 5.6 |
|---|---|
| Second Resistance | 5.9 |
| Third Resistance | 6.1 |
| First Support | 5.0 |
|---|---|
| Second Support | 4.8 |
| Third Support | 4.5 |
| Day RSI | 32.6 |
|---|---|
| Day MACD | -0.2 |
| Day MFI | 36.6 |
| Day MACD Signal Line | -0.2 |
Music Broadcast Beta
| 1 Month | 0.4 |
|---|---|
| 1 Year | 0.7 |
| 3 Month | 0.3 |
|---|---|
| 3 Year | 0.8 |
Music Broadcast Price Change Analysis
↓-9.0%
Over 1 Month
LowHigh
5.06.1
↓-21.2%
Over 3 Months
LowHigh
5.07.3
↓-11.6%
Over 6 Months
LowHigh
5.07.4
↓-33.4%
Over 1 Year
LowHigh
4.58.1
Music Broadcast Deals - Insider, Bulk, Block and SAST
| Client Name | Deal Type | Action | Date | Avg. Price | Quantity | Exchange |
|---|---|---|---|---|---|---|
| LRSD SECURITIES PRIVATE LIMITED | Bulk | Purchase | 25 Mar 2025 | 10.01 | 1,831,788 | NSE |
| HRTI PRIVATE LIMITED | Bulk | Sell | 10 Jan 2024 | 20.49 | 1,965,157 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Sell | 10 Jan 2024 | 20.62 | 2,466,547 | NSE |
| HRTI PRIVATE LIMITED | Bulk | Purchase | 10 Jan 2024 | 20.60 | 1,706,441 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Purchase | 10 Jan 2024 | 20.64 | 2,466,547 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Sell | 08 Dec 2023 | 18.69 | 2,411,306 | NSE |
| GRAVITON RESEARCH CAPITAL LLP | Bulk | Purchase | 08 Dec 2023 | 18.67 | 2,411,306 | NSE |
| MIRABILIS INVESTMENT TRUST | Bulk | Sell | 04 Jan 2023 | 26.37 | 2,022,500 | NSE |
| RSMA ADVISORS PRIVATE LIMITED | Bulk | Sell | 27 Jun 2022 | 22.66 | 2,915,512 | NSE |
| JAGRAN PRAKASHAN LIMITED | Bulk | Purchase | 27 Jun 2022 | 22.66 | 2,915,512 | NSE |
Music Broadcast Corporate Actions
Music Broadcast Bonus shares
Music Broadcast bonus history along with announcement, record, ex-bonus dates, and bonus ratios.
#Ex-Date | Bonus Ratio | Record Date |
|---|---|---|
112 Mar 2020 | 1:4 | 13 Mar 2020 |
Music Broadcast Board Meetings
Music Broadcast past and upcoming board meetings.
#Ex-Date | Purpose | Notes |
|---|---|---|
126 Oct 2026 | Quarterly Results | - |
222 Jul 2026 | Quarterly Results | - |
321 May 2026 | Audited Results | - |
402 Feb 2026 | Quarterly Results | - |
505 Jan 2026 | Dividend on Preference Shares | Inter alia, 1. consider the declaration of Interim Dividend of 0.1% of face value of Rs. 10/- each on "NCRPS" i.e., Rs. 0.01/- per NCRPS for the financial year 2025-26. |
Music Broadcast Stock Split
Music Broadcast stock split details, including announcement, record, and ex-split dates, along with the split ratios
#Ex-Date | Old FV | New FV | Record Date |
|---|---|---|---|
120 Feb 2019 | 10 | 2 | 21 Feb 2019 |
Music Broadcast Research Reports
Music Broadcast research reports with share price targets, and buy/hold/sell recommendations from top brokers.
# Date | Broker Name | Target | Price When Recommended | Type | Upside | Change Since Recommendation | Links |
|---|---|---|---|---|---|---|---|
| 131 Oct 2022 | Prabhudas Lilladhar | 23 | 24.35 | Hold | -5.54% | -78.03% | |
| 224 May 2022 | Prabhudas Lilladhar | 24 | 22.7 | Hold | 5.73% | -76.43% | |
| 324 Jan 2022 | Prabhudas Lilladhar | 24 | 25.2 | Hold | -4.76% | -78.77% | |
| 424 Oct 2021 | ICICI Securities Limited Target | 25 | 24.55 | Hold | 1.83% | -78.21% | |
| 521 Oct 2021 | Prabhudas Lilladhar | 24 | 24.55 | Hold | -2.24% | -78.21% |
Music Broadcast Corporate Filings
Music Broadcast BSE corporate filings and AGM, press releases, insider trading & SAST, results and corporate actions.
| Date | Announcement Title | Details | Links |
|---|---|---|---|
| 30 Oct 2026 | Music Broadcast Ltd - 540366 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript | Earnings Call Transcript on the financial performance of the Company for the quarter and half year ended September 30, 2026. | |
| 27 Oct 2026 | Music Broadcast Ltd - 540366 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome | Audio Recording of the Investor Meet | |
| 27 Oct 2026 | Music Broadcast Ltd - 540366 - Announcement under Regulation 30 (LODR)-Newspaper Publication | Newspaper publication of the Un-Audited Financial Results for the quarter and half year ended September 30, 2026. | |
| 26 Oct 2026 | Music Broadcast Ltd - 540366 - Announcement under Regulation 30 (LODR)-Investor Presentation | Investor Presentation | |
| 26 Oct 2026 | Music Broadcast Ltd - 540366 - Un- Audited Financial Results For The Quarter And Half Year Ended September 30, 2026 | Un-Audited Financial Results for the quarter and half year ended September 30, 2026 |
Music Broadcast Documents
Music Broadcast Earnings Call
Music Broadcast earnings calls, including management commentary and AI-generated summaries.
| Date | Title | Links |
|---|---|---|
| 30 Oct 2026 | Music Broadcast Ltd - 540366 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript | Link |
| 27 Oct 2026 | Music Broadcast Ltd - 540366 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome | Link |
| 28 Jul 2026 | Music Broadcast Ltd - 540366 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript | Link |
| 23 Jul 2026 | Music Broadcast Ltd - 540366 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome | Link |
| 04 Nov 2025 | Music Broadcast Ltd - 540366 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript | Ai summaryLink |
Music Broadcast Annual Reports
Music Broadcast financials, including annual results, balance sheets, and cash flow statements.
Music Broadcast Credit Ratings
Music Broadcast credit ratings from CRISIL and leading rating agencies, assessing financial stability, investment grade, and related PDF documentation.
| Date | Rating Agency | Company Name | Description | Links |
|---|---|---|---|---|
| 01 Jul 2026 | crisil ratings | Music Broadcast Limited | Music Broadcast Limited:Ratings reaffirmed at 'Crisil AA / Stable / Crisil A1+ ' | Link |
| 02 Jul 2025 | crisil ratings | Music Broadcast Limited | Music Broadcast Limited:Ratings reaffirmed at 'Crisil AA/Stable/Crisil A1+' | Link |
| 04 Jul 2024 | crisil ratings | Music Broadcast Limited | Music Broadcast Limited:Ratings reaffirmed at 'CRISIL AA/Stable/CRISIL A1+' | Link |
| 17 Sep 2023 | india ratings | India Ratings Assigns MBL (GSY) Road’s RTL Final ‘IND AA+’/Stable; Withdraws Existing Rating | Link | |
| 17 Sep 2023 | india ratings | India Ratings Assigns MBL (CGRG) Road’s Term Loan ‘IND AA+’/Stable; Withdraws Existing Term Loan | Link |
Music Broadcast Investor Presentations
Music Broadcast investor presentations, including business updates, financial insights, and strategic initiatives.
| Date | Report Title | Links |
|---|---|---|
| 26 Oct 2026 | Music Broadcast Ltd - 540366 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 22 Jul 2026 | Music Broadcast Ltd - 540366 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 22 May 2026 | Music Broadcast Ltd - 540366 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 02 Feb 2026 | Music Broadcast Ltd - 540366 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
| 29 Oct 2025 | Music Broadcast Ltd - 540366 - Announcement under Regulation 30 (LODR)-Investor Presentation | Link |
Music Broadcast - Company Profile
Music Broadcast Management Structure
Music Broadcast management structure with salaries, total experience, and qualifications.
Music Broadcast Board of Directors
Music Broadcast Board of directors with salaries, total experience, and qualifications.
Website: www.radiocity.in
About the company - Business Profile
Music Broadcast Limited (MBL), operating under the brand Radio City, is a prominent private FM radio broadcaster in India. A subsidiary of Jagran Prakashan Limited, MBL operates a network of 39 stations across 12 states, covering approximately 62% of India's FM population. The company maintains a leading position in major terrestrial markets, including Mumbai, Bengaluru, and Delhi, while expanding its presence through digital platforms, web radio, and podcasts.
Key Points
- Key Facts: Founded in 1999, Music Broadcast Limited is headquartered in Mumbai. It is a subsidiary of Jagran Prakashan Limited, which holds a 74.05% stake as of March 2024. The company is listed on the NSE (RADIOCITY) and BSE (540366).
- Operations and Resources: MBL operates 39 radio stations and employs 97 Radio Jockeys. Its physical infrastructure includes facilities at its registered office in RNA Corporate Park, Mumbai. The company utilizes a fixed-cost model to drive operational efficiency across its terrestrial and digital assets.
- Ownership and History: Originally India’s first private FM broadcaster, it became part of the Jagran Group in 2015. It recently issued Non-Convertible Redeemable Preference Shares (NCRPS) as part of its capital structure.
- Market Significance: The company reaches an estimated 69 million listeners nationwide. It serves a diverse client base of 7,525 active advertisers, focusing on local, regional, and national brands.
Business Model and Performance
MBL follows a media-representation business model, generating revenue primarily through the sale of airtime for advertisements and branded content across its FM and digital channels. It excels in "Hyper-local" targeting, leveraging its "Rag Rag Mein Daude City" positioning to build deep regional engagement.
Revenue and Financial Highlights (FY 2024-25 vs FY 2023-24):
- Total Revenue (Annual FY25): ₹261.35 Crores.
- Net Profit/Loss (Annual FY25): The company reported a net loss of ₹33.84 Crores for the full year 2024-25, primarily impacted by higher finance costs related to NCRPS and market shifts.
- Revenue Mix:
- Digital Revenue: Grew by 22% in FY24, contributing significantly to the non-terrestrial top line.
- New Client Contribution: 33% of revenue was derived from new client acquisitions.
- Geographical Reach: 7% of total revenue is generated through satellite locations.
- Segmental Strengths: International and national Intellectual Properties (IPs), regional initiatives, and festive campaigns accounted for 24% of total revenues in the prior year.
Key Offerings and Initiatives
- Core Products: Popular radio properties include Love Guru (running for over 20 years), Babber Sher (humor), and Kal Bhi Aaj Bhi (retro music).
- Technology and Digital: The company has transitioned toward a "Digital First" approach, featuring 140+ podcast shows with over 7,000 episodes and 18 web radio stations reaching 600,000 monthly listeners.
- Recent Contracts/IPs: Secured various sponsors for the Garba Premier League 2025 and the Music Fest Season 4 (September 2025). Other notable event IPs include "Golden Stethoscope" and "City Girl Gang."
- Strategic Initiatives: MBL is currently focused on "Adapting to the Digital Pulse," aiming to transform into a platform-agnostic media entity. Current strategies include inventory utilization improvements (which reached 78% in FY24) and expanding the digital content library to mitigate the volatility of terrestrial ad-spend.