Music Broadcast Ltd (BOM:540366)
₹ 6.76 -0.040 (-0.59%) Market Cap: 2.34 Bil Enterprise Value: 1.47 Bil PE Ratio: 0 PB Ratio: 0.53 GF Score: 71/100

Q1 2027 Music Broadcast Ltd Earnings Call Transcript

Jul 23, 2026 / 10:00 AM GMT
Release Date Price: ₹6.46 (+9.12%)

Key Points

Positve
  • Sequential revenue growth of 11% to 44.5 crore, driven by higher advertiser participation and an improved business mix.
  • Significant improvement in profitability with operating EBITDA increasing to 8.9 crore from 0.9 crore in the previous year.
  • EBITDA margins expanded to 20% from 1.9% in Q1 FY26, reflecting benefits of structural cost optimization and disciplined expense management.
  • Share of TOP25 radio spenders increased to 21.8% from 15.6% in the previous quarter, demonstrating deeper strategic partnerships.
  • Operating profit before tax improved to 4.1 crore compared to an operating loss of 6.9 crore in the corresponding quarter last year.
Negative
  • Year-on-year revenue declined by 10% from 49.3 crore in Q1 FY26 to 44.5 crore in Q1 FY27.
  • Q2 is historically a weaker quarter and has begun on a softer note, indicating potential challenges ahead.
  • Pure radio advertising remains subdued, with a shift in advertiser spending towards the Radio Plus business.
  • No current plans for buyback or utilization of the 270 crore cash balance, which could be seen as a missed opportunity for shareholder value.
  • The company faces uncertainties in government advertising spends, which are difficult to predict and can impact revenue.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

MUSI.NS - Music Broadcast Ltd
Q1 2027 Music Broadcast Ltd Earnings Call
Jul 23, 2026 / 10:00AM GMT

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Presentation
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Unidentified_1 [1]
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Ladies and Gentlemen, Good day and welcome to Q1 FY27 Music Broadcast Earnings Conference Call. This conference call may contain forward-looking statements about the company which are based on the beliefs, opinions, and expectations of the company as on date of this call. These statements are not guarantees of future performance and involve risks and uncertainties that are difficult to predict.

As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing *, then 0 on a touchstone phone. Please note that this conference is being recorded.
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