Entertainment Network (India) (NSE:ENIL) Altman Z-Score: 1.34 (As of Jun. 30, 2026) — 48% Below Median


NSE:ENIL Entertainment Network (India) Ltd NSE:ENIL
62 GF Score
Price ₹106.02
GF Value ₹168.55
Valuation Possible Value Trap
! 3 Warning Signs
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What is Entertainment Network (India) Altman Z-Score?

Entertainment Network (India) NSE:ENIL -2.23% 62 Altman Z-Score is 1.34 as of Jun. 30, 2026, which is 48% below its 10-year median of 2.57. GuruFocus rates NSE:ENIL with a GF Score™ of 62/100 and a GF Value™ of ₹168.55 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 1,014 Media - Diversified companies, Entertainment Network (India) ranks worse than 60.45% on this metric.

The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.

Warning Sign:

Altman Z-score of 1.36 is in distress zone. This implies bankruptcy possibility in the next two years.

Entertainment Network (India) has a Altman Z-Score of 1.34, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

The zones of discrimination were as such:

When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.

The historical rank and industry rank for Entertainment Network (India)'s Altman Z-Score or its related term are showing as below:

NSE:ENIL' s Altman Z-Score Range Over the Past 10 Years
Min: 1.3   Med: 2.57   Max: 10.09
Current: 1.36

During the past 13 years, Entertainment Network (India)'s highest Altman Z-Score was 10.09. The lowest was 1.30. And the median was 2.57.


Entertainment Network (India)  (NSE:ENIL) Altman Z-Score Explanation

X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.

X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.

X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.

X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.

X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Entertainment Network (India) Altman Z-Score Related Terms


Entertainment Network (India) Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Entertainment Network (India)'s Altman Z-Score 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.

Entertainment Network (India) Altman Z-Score Chart

Entertainment Network (India) Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.82 1.36 2.97 2.31 1.30

Entertainment Network (India) Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Altman Z-Score 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 2.31 2.48 1.89 1.55 1.30

NSE:ENIL vs NXST: Altman Z-Score Comparison

For the Broadcasting subindustry, Entertainment Network (India)'s Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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.


Entertainment Network (India) Altman Z-Score vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Entertainment Network (India)'s Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Entertainment Network (India)'s Altman Z-Score falls into.


NSE:ENIL
62GF Score
Entertainment Network (India) Ltd NSE:ENIL
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Entertainment Network (India) Altman Z-Score Calculation

Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

Entertainment Network (India)'s Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*0.2064+1.4*0+3.3*-0.0139+0.6*1.129+1.0*0.4618
=1.34

* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.

Trailing Twelve Months (TTM) ended in Mar. 2026:
Total Assets was ₹12,064 Mil.
Total Current Assets was ₹5,398 Mil.
Total Current Liabilities was ₹2,908 Mil.
Retained Earnings was ₹0 Mil.
Pre-Tax Income was -47.7 + -118.672 + -61.926 + -82.968 = ₹-311 Mil.
Interest Expense was -36.742 + -37.47 + -35.943 + -33.345 = ₹-144 Mil.
Revenue was 1413.687 + 1629.321 + 1377.503 + 1151.255 = ₹5,572 Mil.
Market Cap (Today) was ₹5,053 Mil.
Total Liabilities was ₹4,476 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(5397.728 - 2907.901)/12064.361
=0.2064

X2=Retained Earnings/Total Assets
=0/12064.361
=0

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(-311.266 - -143.5)/12064.361
=-0.0139

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=5053.064/4475.531
=1.129

X5=Revenue/Total Assets
=5571.766/12064.361
=0.4618

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Entertainment Network (India) has a Altman Z-Score of 1.34 indicating it is in Distress Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 1.34 mean?
Entertainment Network (India) (NSE:ENIL) has a Altman Z-Score of 1.34 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Entertainment Network (India) and its competitors. This is 48% below median its historical median of 2.57. Over the past decade, Entertainment Network (India)'s Altman Z-Score has ranged from 1.30 to 10.09. According to the industry distribution chart, Entertainment Network (India) ranks #613 out of 1014 companies in the Media - Diversified industry, placing it in the top 60.5%.
Is Entertainment Network (India)'s Altman Z-Score too high?
Entertainment Network (India)'s current Altman Z-Score of 1.34 is 48% below median its 10-year median of 2.57. Over the past 10 years, this metric has ranged from a low of 1.30 to a high of 10.09. The Media - Diversified industry median Altman Z-Score is 1.95. Entertainment Network (India)'s value of 1.34 is 31.3% below this industry median. Based on the distribution chart, Entertainment Network (India) ranks #613 out of 1014 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Entertainment Network (India) has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Entertainment Network (India)'s Altman Z-Score compare to NXST?
According to the Media - Diversified industry distribution chart, Entertainment Network (India) ranks #613 out of 1014 companies for Altman Z-Score. This places Entertainment Network (India) in the lower half of its industry. The industry median Altman Z-Score is 1.95. Entertainment Network (India)'s value of 1.34 is 31.3% below this benchmark. Historically, Entertainment Network (India)'s own Altman Z-Score has ranged from 1.30 to 10.09 over the past decade. While the company's 10-year median is 2.57 vs. the industry median of 1.95, Entertainment Network (India) has consistently been below 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 Altman Z-Score for a Media - Diversified company?
The median Altman Z-Score among Media - Diversified companies is 1.95, based on 1,014 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Entertainment Network (India)'s current Altman Z-Score of 1.34 is 31.3% below 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Entertainment Network (India) and its competitors. For the Media - Diversified industry, the median Altman Z-Score is 1.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Entertainment Network (India)'s current Altman Z-Score is 1.34, which is 48% below median its own 10-year median of 2.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Entertainment Network (India) stock overvalued right now?
Based on GuruFocus' analysis, Entertainment Network (India) (NSE:ENIL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹168.55, compared to a current price of ₹106.02 — trading 37.1% below its estimated fair value. The current Altman Z-Score is 1.34, which is 48% below median its 10-year median of 2.57 and 31.3% below the Media - Diversified industry median of 1.95. Entertainment Network (India)'s overall GF Score™ is 62/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Entertainment Network (India) (NSE:ENIL), the current Altman Z-Score is 1.34 as of Jun. 30, 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 Entertainment Network (India) (NSE:ENIL) Overvalued in 2026?

Based on GuruFocus' analysis, Entertainment Network (India) stock appears to be undervalued. The current stock price of ₹106.02 is trading 37.1% below its estimated GF Value™ of ₹168.55. GuruFocus considers Entertainment Network (India) to be Possible Value Trap.

Key valuation signals for NSE:ENIL:

  • Altman Z-Score: 1.34 (48% below median its 10-year median of 2.57)
  • GF Value™: ₹168.55 vs. price of ₹106.02 (37.1% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 31.3% below the Media - Diversified median (#613 of 1014)

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


Entertainment Network (India) Business Description

Other Exchanges 532700:India
Address CST Link Road, 4th Floor, The Times Group, Sunteck Icon, BKC Junction, Kalina, Santacruz East, Mumbai, MH, IND, 400098
Entertainment Network (India) Ltd is a radio broadcasting company. It operates FM radio broadcasting stations in various Indian cities under the brand names Mirchi, Mirchi Love, and Kool FM. The company's principal revenue stream is advertising revenue which is generated through the sale of airtime in its FM radio broadcasting stations, activations, concerts, and monetization of the company's digital and other media properties. It is also engaged in the business of licensing music audio content and hosting and streaming such music audio content in different languages through applications dedicated to online music streaming under the name Gaana. The firm operates in a single segment which is Media and Entertainment, and derives its key revenue from the Indian market.
62GF Score

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Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹106.02
Price
₹168.55
GF Value