NSE: ENIL | BSE: 532700

Value Stock, Under Radar

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132.00 1.94 (1.49%)

New 52W Low in past week

26,905 NSE+BSE Volume

NSE 21 Mar, 2025 3:13 PM (IST)

629.2

Market Cap

Below industry Median

1.0

Beta 1Year

Average volatility

Entertainment Network (India) Ltd. share price target and research reports

Name: Latest research reports of Entertainment Network (India) Ltd. authored by Prabhudas Lilladhar and published by - Trendlyne research reports.
Item: Entertainment Network (India) Ltd.
Rating: 3
Author: Prabhudas Lilladhar

Latest analyst research reports with target prices and PDF download for ENIL, BSE:532700 Entertainment Network (India) Ltd.

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Entertainment Network (India) Ltd.

11 Nov 2022

132.00

1.49%

ENTERTAINMENT NETWOR

Hold: Entertainment Network (Ind...

Target

Prabhudas Lilladhar

Entertainment Network (India) Ltd. has lost -51.87% in the last 1 Year

Entertainment Network (India) Ltd.

08 May 2022

132.00

1.49%

ENTERTAINMENT NETWOR

Hold: Entertainment Network (Ind...

Target

Prabhudas Lilladhar

Entertainment Network (India) Ltd. has lost -25.24% in the last 3 Months

Entertainment Network (India) Ltd.

10 Feb 2022

132.00

1.49%

ENTERTAINMENT NETWOR

Hold: Entertainment Network (Ind...

Target

Prabhudas Lilladhar

Unlikely to achieve revenue guidance of Rs4bn in FY22. which are at ~33% discount to pre-COVID levels may take time to recover. in legacy/batch-1/batch-2 stations stood at 99.4%/40.5%/30.9% respectively) which is encouraging. While there are headwinds in radio segment as price recovery is a long drawn process, management sounded upbeat on the core...

Entertainment Network (India) Ltd. has lost -33.74% in the last 6 Months

Entertainment Network (India) Ltd.

28 Oct 2021

132.00

1.49%

Entertainment Network

Hold: Entertainment Network (Ind...

Target

ICICI Securities Limited

About the stock: Entertainment Network India (ENIL), a subsidiary of Bennett, Coleman & Company Ltd (BCCL), operates Radio Mirchi which has 73 stations across 63 cities with more than 63 million listeners. Mirchi has been ranked No.1 in all Indian Readership Survey (IRS) surveys...

Entertainment Network (India) Ltd. has lost -25.24% in the last 3 Months

Entertainment Network (India) Ltd.

27 Oct 2021

132.00

1.49%

Q2FY22 Result Update - In an evolution stage - HOLD

Hold: Entertainment Network (Ind...

Target

Prabhudas Lilladhar

At the network level, volume was up by 61% while pricing was down by 5%. ~37% discount to pre-COVID levels may take 2-3 years to recover. However, utilization in top-8 markets is at ~79%) which is encouraging. While there are headwinds in radio segment as price recovery is a long drawn process, management sounded upbeat on the core solutions & digital business which...

Entertainment Network (India) Ltd. is trading below all available SMAs

Entertainment Network (India) Ltd.

17 Aug 2021

132.00

1.49%

Q1FY22 Result Update - Core solutions & digital business under lens - HOLD

Hold: Entertainment Network (Ind...

Target

Prabhudas Lilladhar

At the network level, volume was up by 60% while pricing dropped by 5%. ENIL's operational performance (EBITDA loss of Rs187mn) was marred by 2nd wave as recovery process was delayed since radio is an AND medium of advertising. Further, ad-volumes in high yield markets are still at sub-optimal levels which can prolong the recovery. While there are headwinds in radio segment as price recovery is a long drawn process, management sounded upbeat on the core solutions & digital business which is expected to form...

Entertainment Network (India) Ltd. is trading below all available SMAs

Entertainment Network (India) Ltd.

17 Jun 2021

132.00

1.49%

Entertainment Network

Hold: Entertainment Network (Ind...

Target

ICICI Securities Limited

The radio business continued to report revenue de-growth in Q4FY21 due to pressure on realisation front. We note that ENIL's core radio revenue decline of 27.4% during Q4FY21 was much steep compared to MBL. The company indicated that pricing has started improving gradually as price increase for the quarter was 5% YoY, albeit significantly lower than its peak. We expect pricing recovery to be gradual in nature. Accordingly, we revise our estimates and expect radio revenues CAGR of 45% YoY in FY21-23E on...

Entertainment Network (India) Ltd. has lost -33.74% in the last 6 Months

Entertainment Network (India) Ltd.

17 Jun 2021

132.00

1.49%

Q4FY21 Result Update - Impairment provisioning mars profits - Downgrade to 'HOLD"

Hold: Entertainment Network (Ind...

Target

Prabhudas Lilladhar

ENIL's bottom-line performance was impacted by an impairment provisioning of Rs975mn as future cash flows of 8 frequencies are likely to be lower than internal hurdle rate amid COVID induced stress. Given the onset of 2nd wave, we believe the recovery process will be delayed as radio is an AND medium of advertising prompting us to cut our FY22E/FY23E EBITDA estimates by...

Entertainment Network (India) Ltd. has lost -51.87% in the last 1 Year

Entertainment Network (India) Ltd.

12 Feb 2021

132.00

1.49%

Q3FY21 Result Update - Digital solutions to drive growth & margins - Accumulate

Accumulate: Entertainment Network (Ind...

Target

Prabhudas Lilladhar

back of Rs267mn pertaining to performance royalty. Management sounded upbeat on the digital solutions business (share is expected to rise to ~20-25% in next 2 years) which shall aid margins (digital solutions have higher GM of...

Entertainment Network (India) Ltd. has lost -25.24% in the last 3 Months

Entertainment Network (India) Ltd.

12 Feb 2021

132.00

1.49%

Entertainment Network

Hold: Entertainment Network (Ind...

Target

ICICI Securities Limited

Ad volume grows YoY; yield recovery lagging The radio business continued to report revenue de-growth in Q3FY21 as ad pricing dropped. We note that ENIL's core radio revenue decline of 36% in Q3FY21 was lower than the listed competitor in the industry. Radio revenue decline was mainly owing to revenue dip of 45-50% (18% volume dip) in top eight markets. Also, ad pricing was down 28% YoY. The management said pricing recovery lags volume recovery and is expected to reach near normal by August. Accordingly, we revise our estimates and expect radio revenues...

Entertainment Network (India) Ltd. is trading below all available SMAs

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Is Entertainment Network (India) Ltd. worth buying?

35 Votes:

Buy 88.57%

Sell 5.71%

Hold 5.71%