Music Broadcast Ltd.

NSE: RADIOCITY | BSE: 540366 | ISIN: INE919I01024 | Industry: Broadcasting & Cable TV
| Mid-range Performer
8.6600 0.03 (0.35%)
NSE Sep 19, 2025 15:31 PM
Volume: 46,811
 

Music Broadcast

Dolat Capital
Below par revenue growth; positive surprise on margin; Maintain BUY MBL reports revenue growth of 5.7% YoY led by rate hike in all 12 core stations and improving utilization in Legacy Markets & Phase III markets. EBITDA margin improved 120bps YoY to 33.2% as Yield & inventory improvement translating into operating leverage. In terms of operating efficiencies, margin for MBL continues to report a positive surprise led by traction in the new stations due to improved profitability. We maintain our BUY rating with a revised Sep'19 TP of ` 400 (` 450 earlier) based on 15x...
Music Broadcast Ltd. is trading above its 30 day SMA of 8.5
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