Music Broadcast (BOM:540366) Gross Margin %: 88.24% (As of Mar. 2026) — Near Median


BOM:540366 Music Broadcast Ltd BOM:540366
68 GF Score
Price ₹6.27
GF Value ₹9.61
Valuation Possible Value Trap
! 4 Warning Signs
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What is Music Broadcast Gross Margin %?

Music Broadcast BOM:540366 +2.62% 68 Gross Margin % is 88.24% as of Mar. 2026, which is 6% above its 10-year median of 83.53. GuruFocus rates BOM:540366 with a GF Score™ of 68/100 and a GF Value™ of ₹9.61 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 946 Media - Diversified companies, Music Broadcast ranks better than 91.86% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Music Broadcast's Gross Profit for the three months ended in Mar. 2026 was ₹360 Mil. Music Broadcast's Revenue for the three months ended in Mar. 2026 was ₹408 Mil. Therefore, Music Broadcast's Gross Margin % for the quarter that ended in Mar. 2026 was 88.24%.


The historical rank and industry rank for Music Broadcast's Gross Margin % or its related term are showing as below:

BOM:540366' s Gross Margin % Range Over the Past 10 Years
Min: 75.24   Med: 83.53   Max: 91.41
Current: 88.91


During the past 13 years, the highest Gross Margin % of Music Broadcast was 91.41%. The lowest was 75.24%. And the median was 83.53%.

BOM:540366's Gross Margin % is ranked better than
91.86% of 946 companies
in the Media - Diversified industry
Industry Median: 38.91 vs BOM:540366: 88.91

Music Broadcast had a gross margin of 88.24% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Music Broadcast was 3.80% per year.


Music Broadcast  (BOM:540366) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Music Broadcast had a gross margin of 88.24% for the quarter that ended in Mar. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Music Broadcast Gross Margin % Related Terms


Music Broadcast Gross Margin % Historical Data

* Premium members only.

The historical data trend for Music Broadcast's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Music Broadcast Gross Margin % Chart

Music Broadcast Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.38 80.54 82.05 91.41 88.91

Music Broadcast Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 90.98 90.05 87.42 89.51 88.24

BOM:540366 vs NXST: Gross Margin % Comparison

For the Broadcasting subindustry, Music Broadcast's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Music Broadcast Gross Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Music Broadcast's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Music Broadcast's Gross Margin % falls into.


BOM:540366
68GF Score
Music Broadcast Ltd BOM:540366
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Music Broadcast Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Music Broadcast's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=1550.9 / 1744.325
=(Revenue - Cost of Goods Sold) / Revenue
=(1744.325 - 193.379) / 1744.325
=88.91 %

Music Broadcast's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=360 / 407.914
=(Revenue - Cost of Goods Sold) / Revenue
=(407.914 - 47.951) / 407.914
=88.24 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 88.24% mean?
Music Broadcast (BOM:540366) has a Gross Margin % of 88.24% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Music Broadcast and its competitors. This is near median its historical median of 83.53. Over the past decade, Music Broadcast's Gross Margin % has ranged from 75.24 to 91.41. According to the industry distribution chart, Music Broadcast ranks #77 out of 946 companies in the Media - Diversified industry, placing it in the top 8.1%.
Is Music Broadcast's Gross Margin % too high?
Music Broadcast's current Gross Margin % of 88.24% is near median its 10-year median of 83.53. Over the past 10 years, this metric has ranged from a low of 75.24 to a high of 91.41. The Media - Diversified industry median Gross Margin % is 38.91. Music Broadcast's value of 88.24% is 126.8% above this industry median. Based on the distribution chart, Music Broadcast ranks #77 out of 946 companies in the Media - Diversified industry, which is in the top quartile — a strong position relative to peers. Overall, Music Broadcast has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Music Broadcast's Gross Margin % compare to NXST?
According to the Media - Diversified industry distribution chart, Music Broadcast ranks #77 out of 946 companies for Gross Margin %. This places Music Broadcast in the top 8% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 38.91. Music Broadcast's value of 88.24% is 126.8% above this benchmark. Historically, Music Broadcast's own Gross Margin % has ranged from 75.24 to 91.41 over the past decade. While the company's 10-year median is 83.53 vs. the industry median of 38.91, Music Broadcast has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Media - Diversified company?
The median Gross Margin % among Media - Diversified companies is 38.91, based on 946 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Music Broadcast's current Gross Margin % of 88.24% is 126.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Music Broadcast and its competitors. For the Media - Diversified industry, the median Gross Margin % is 38.91 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Music Broadcast's current Gross Margin % is 88.24%, which is near median its own 10-year median of 83.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Music Broadcast stock overvalued right now?
Based on GuruFocus' analysis, Music Broadcast (BOM:540366) is currently considered Possible Value Trap. The stock's GF Value™ is ₹9.61, compared to a current price of ₹6.27 — trading 34.8% below its estimated fair value. The current Gross Margin % is 88.24%, which is near median its 10-year median of 83.53 and 126.8% above the Media - Diversified industry median of 38.91. Music Broadcast's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Music Broadcast (BOM:540366), the current Gross Margin % is 88.24% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Music Broadcast (BOM:540366) Overvalued in 2026?

Based on GuruFocus' analysis, Music Broadcast stock appears to be undervalued. The current stock price of ₹6.27 is trading 34.8% below its estimated GF Value™ of ₹9.61. GuruFocus considers Music Broadcast to be Possible Value Trap.

Key valuation signals for BOM:540366:

  • Gross Margin %: 88.24% (near median its 10-year median of 83.53)
  • GF Value™: ₹9.61 vs. price of ₹6.27 (34.8% below fair value)
  • GF Score™: 68/100 with 4 warning signs
  • Industry Position: 126.8% above the Media - Diversified median (#77 of 946)

No single metric tells the full story. See the BOM:540366 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Music Broadcast Business Description

Other Exchanges RADIOCITY:India
Address Off Western Express Highway, 5th Floor, RNA Corporate Park, Kalanagar, Bandra (East), Mumbai, MH, IND, 400 051
Music Broadcast Ltd is engaged in the business of operating Private FM Radio Stations through the brand Radio City. The Company is engaged in the business of radio broadcasting and other related activities under the 'Radio City' brand in India.
68GF Score

Get the complete analysis for BOM:540366

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹6.27
Price
₹9.61
GF Value