Music Broadcast Ltd.

NSE: RADIOCITY | BSE: 540366 | ISIN: INE919I01024 | Industry: Broadcasting & Cable TV
| Mid-range Performer
9.2400 0.02 (0.22%)
NSE Jul 10, 2025 14:58 PM
Volume: 115.9K
 

Music Broadcast

Dolat Capital
MBL reports revenue growth of 7.6% YoY led by rate hike in all 12 core stations and improving utilization in Phase III markets. EBITDA margin improved 290bps YoY to 34.4% as Phase III markets contribution to EBITDA came in earlier than anticipated and Yield & inventory improvement translating into operating leverage. EBITDA margin is estimated to move towards the upper end of the band (33%-35%) over the next three years due to lower marketing/promotion expenses as there is no new station slated for launch. We largely maintain our estimates and our BUY recommendation;...
Music Broadcast Ltd. is trading below its 50 day SMA of 9.3
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