Music Broadcast Ltd (NSE:RADIOCITY)
₹ 6.82 -0.030 (-0.44%) Market Cap: 2.34 Bil Enterprise Value: 1.47 Bil PE Ratio: 0 PB Ratio: 0.53 GF Score: 71/100

Q1 2026 Music Broadcast Ltd Earnings Call Transcript

Jul 25, 2025 / 08:30AM GMT
Release Date Price: ₹8.87 (-1.33%)

Key Points

Positve
  • Music Broadcast Ltd (NSE:RADIOCITY) maintained its leadership position, capturing 41% of the total client base in the radio sector.
  • 34% of all new clients entering the radio advertising space chose Radio City as their partner of choice.
  • The company has diversified its revenue streams, with 35% of total income coming from alternative sources such as branded properties, digital ventures, and sponsorships.
  • Cash reserves are strong, standing at INR354 crores as of June 30, 2025, providing financial resilience.
  • The company is focusing on strategic realignment to enhance operational efficiency and ensure long-term resilience.
Negative
  • The overall industry slowdown and macroeconomic uncertainties have impacted the company's performance, with a 2% decline in overall volumes.
  • Revenue for the quarter was reported at 49 crores, with a negative profit of 2 crores, indicating financial challenges.
  • Inventory utilization for the quarter was at 68%, suggesting underutilization of resources.
  • The effective growth rate is still at 80% of pre-COVID levels, indicating a slow recovery.
  • High depreciation levels, including amortization of one-time fees, are impacting the financials, with concerns about fixed assets being zero in a few years.
Operator

Ladies and gentlemen, good day and welcome to the Music Broadcast Limited Q1 FY26 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 the guarantees of future performance and involve risk 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 continues.

Should you need assistance during the conference call, please signal an operator by pressing zero on your touchstone phone. Please note that this conference has been recorded. I now have the conference over to Mr. Ashit Kukian, CEO of Music Broadcast Limited.

Thank you and over to you, Sir.

Ashit Kukian Music Broadcast Ltd;Chief Executive Officer

Thank you. Good afternoon, everyone and a very warm welcome to the Q1 FY26 earnings conference call of Music Broadcast

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