Next Mediaworks Live Share Price Today, Share Analysis and Chart

About the company - Business Profile

Next Mediaworks Limited (NMW) is a media and entertainment company primarily active in the radio broadcasting sector in India. The company operates through its subsidiary, Next Radio Limited, which manages the Radio One brand. NMW focuses on an international format, targeting urban, upscale audiences with its stations across major Indian metros, including Delhi, Mumbai, Bengaluru, Pune, Hyderabad, Ahmedabad, and Chennai. The company is a subsidiary of HT Media Limited, one of India's largest media conglomerates.

Key Points

• Key Facts: Founded in 1981, Next Mediaworks is headquartered in Mumbai, India. Its parent company is HT Media Limited, which holds a 74.99% stake as of March 2025. The company’s equity shares are listed on the BSE (Scrip Code: 532416) and the NSE (Trading Symbol: NEXTMEDIA).
• Operations and Resources: The company's primary business is conducted through its subsidiary, Next Radio Limited. It operates FM radio stations under the Radio One brand in 7 cities. As of March 31, 2024, the consolidated entity held non-current assets including property, plant, and equipment valued at ₹419 Lacs and intangible assets (primarily radio licenses) valued at ₹2,585 Lacs.
• Privatization and Ownership: NMW is a public company with HT Media Limited as the majority promoter. The promoter group held 74.99% of shares, while public shareholding stood at approximately 25.01% as of March 2025.
• Market and Significance: NMW occupies a niche in the Indian radio industry by catering to an premium international audience. It emphasizes pop culture, live events, and high-impact digital engagement to differentiate its offerings.
• Business Model: The company generates revenue primarily from airtime sales (advertisements) on its radio stations and through integrated marketing solutions that combine radio, digital, and on-ground events. It is recognized for its "Radio One" brand’s focus on international music and upscale listener demographics.

Financial Performance (Consolidated - FY 2023-24)

• Total Income: ₹4,279 Lacs (increased from ₹4,087 Lacs in FY 2022-23).
• EBITDA: ₹222 Lacs (before exceptional items).
• Net Loss: ₹3,872 Lacs (widened from a loss of ₹2,437 Lacs in the previous year).
• Segment Revenue: The company operates in a single reportable segment, which is radio broadcasting and related activities.
• Geographical Revenue: Revenue is primarily derived from operations within India.

Key Products and Strategic Initiatives

• Flagship Content: Key properties include Radio One International, featuring programs like "Get Some Sun" (Season 8 featuring Ayushmann Khurrana), "The Laughology Project," and "Forever Rock."
• Solution Business: The company is pivoting towards a "solutions-driven" model, focusing on customized advertising packages that integrate social media platforms and on-ground engagements to enhance value for business clients.
• Digital Presence: Increasing focus on digital and social media platforms to strengthen market share and audience reach.
• Financial Restructuring: As of December 31, 2025, the company has significant accumulated losses, and its net worth has been fully eroded, primarily due to finance costs related to inter-corporate borrowings.

Corporate Structure and Outlook

• Subsidiaries: The major subsidiary is Next Radio Limited, which is the operational arm for the radio business.
• Employee Trends: While specific headcount was not detailed in the summary, employee benefit expenses stood at ₹32 Lacs (Standalone) for FY 2024-25.
• Strategic Outlook: The company aims to strengthen its market position by focusing on the solutions business and conducting more live events. However, it faces significant financial challenges due to its eroded net worth and high finance costs (₹2,066 Lacs consolidated in FY 2023-24).

References

1. Annual Report May 2025
2. Annual Report May 2024
3. Result Jan 2026
4. Result Nov 2025