NSE: ENIL | BSE: 532700

Mid-range Performer

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149.91 2.89 (1.97%)

42.78% Fall from 52W High

21,385 NSE+BSE Volume

NSE 22 Jul, 2025 3:31 PM (IST)

714.6

Market Cap

Below industry Median

1.1

Beta 1Year

High Volatility

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

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

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

Entertainment Network (India) Ltd.

02 Nov 2017

149.91

1.97%

New stations to drive earnings growth

Neutral: Entertainment Network (Ind...

Target

Motilal Oswal

PAT impacted by new station cost: Revenue declined 3% YoY to INR1.3b (inline) due to the impact of GST, demonetization-led weak ad market, and inability to drive volumes at steep price hikes. EBITDA rose 23% YoY to INR284m (7% beat), led by a 44% YoY plunge in marketing expenses (the base quarter had a new station launch-related peak ad cost), partly offset by a 20% YoY rise in employee cost (related to new stations). PAT declined 24.5% YoY to INR60m (9% miss) on higher depreciation and lower interest income related to new stations launch. Steep price hikes fail to drive growth at legacy stations: ENIL's intentional...

Entertainment Network (India) Ltd. is trading below its 200 day SMA of 159.6

Entertainment Network (India) Ltd.

04 Aug 2017

149.91

1.97%

Entertainment Network

Hold: Entertainment Network (Ind...

Target

ICICI Securities Limited

Revenues came in at | 104.4 crore (de-growth of 5.8% YoY), slightly better than our estimates of | 102.5 crore, owing to a sharp cut in government advertisement coupled with uncertainty over legislation...

Entertainment Network (India) Ltd. is trading above its 150 day SMA of 148.3

Entertainment Network (India) Ltd.

25 May 2017

149.91

1.97%

Entertainment Network

Hold: Entertainment Network (Ind...

Target

ICICI Securities Limited

Revenues came in at | 165.5 crore (up 12.4% YoY) higher than our estimates of | 148.3 crore, owing to superior growth in the non radio business (36% YoY) and incremental revenues from newly launched channels (| 15.9 crore for Q4FY17). Core radio stations reported 2.7% YoY decline owing to the after-effects of demonetisation EBITDA came in at | 35.2 crore, lower than expectations of | 40.3 crore owing to higher marketing & administrative expenses from newly launched stations. Hence, margins came in lower-thanexpectations at 21.3% vs. our estimate of 27.2%...

Entertainment Network (India) Ltd. is trading above its 150 day SMA of 148.3

Entertainment Network (India) Ltd.

25 May 2017

149.91

1.97%

Revenue growth of 12.5% was better than expected while continued aggressive marketing sp...

Accumulate: Entertainment Network (Ind...

Target

Emkay

Revenue growth of 12.5% was better than expected while continued aggressive marketing spends led to EBITDA miss of 10%. Legacy stations registered revenue growth of 6.2% yoy while new stations helped company recording 18.6% yoy growth. Radio business continued to see impact of demonetization in Q4FY17 while ENIL performed was better than industry, implying market share gain. Continued marketing...

Entertainment Network (India) Ltd. is trading below its 200 day SMA of 159.6

Entertainment Network (India) Ltd.

02 May 2017

149.91

1.97%

Entertainment Network (India) Limited.

Buy: Entertainment Network (Ind...

Choice India

ENIL operates in radio broadcasting under the brand Radio Mirchi which is the No. 1 Radio Station in India with more than 63 million listeners across the country. After the Phase-III the company will have 74 frequencies in 64 cities. The company has online presence with 16 online stations which play music from...

Entertainment Network (India) Ltd.'s price crossed above 30Day SMA today

Entertainment Network (India) Ltd.

15 Feb 2017

149.91

1.97%

Entertainment Network

Hold: Entertainment Network (Ind...

Target

ICICI Securities Limited

Revenues were at | 150.6 crore (up 4.9% YoY), higher than our estimate of | 147.9 crore. Despite Q3 being a festive quarter, growth was limited to single digits owing to the impact of demonetisation and radio being more dependent on regional advertising EBITDA came in at | 38.1 crore, slightly lower than expectations of | 39.9 crore owing to higher marketing & administrative expenses from newly launched stations. Hence, margins came in lower-thanexpectations at 25.3% vs. our estimate of 27.0% PAT came in at | 16.4 crore, lower than expectations of | 19.0 crore...

Entertainment Network (India) Ltd.'s price crossed above 30Day SMA today

Entertainment Network (India) Ltd.

11 Nov 2016

149.91

1.97%

Entertainment Network (India) Ltd: Core Radio Revenue Recorded Slightly Lower Gr... (Nov 11, 2016)

Buy: Entertainment Network (Ind...

Recommendation Target

Karvy

Core Radio Revenue Recorded Slightly Lower Growth, EBITDA Hit from Operational & Brand Promotion Costs: ENIL during Q2FY17 has reported a 11.5% increase (YoY) in its operating revenue to Rs. 1296 mn, whereas EBITDA has decreased by 35.2% (YoY) to Rs. 231 mnand Net profit has decreased by 72.1% (YoY) to Rs. 75 mn. Core radio business has grown by 6.4% and non-radio business has grown by 38.0%. All figures forQ2FY17 and Q2FY16 have been re-aligned with the new Indian GAAP Ind-AS.

Entertainment Network (India) Ltd. is trading above its 150 day SMA of 148.3

Entertainment Network (India) Ltd.

10 Nov 2016

149.91

1.97%

Entertainment Network

Hold: Entertainment Network (Ind...

Recommendation Target

ICICI Securities Limited

ENIL reported 11.5% YoY revenue growth to | 129.6 crore, slightly lower than our expectation of | 132 crore. The miss on the topline was owing to lower growth of ~6.4% YoY in the radio business, partly offset by superior non radio business growth of 38% YoY EBITDA came in at | 23.1 crore vs. expectation of | 26.8 crore owing to higher marketing & employee expenses from newly launched...

Entertainment Network (India) Ltd. is trading above its 150 day SMA of 148.3

Entertainment Network (India) Ltd.

03 Oct 2016

149.91

1.97%

Entertainment Network (India) Ltd: Core Radio Mirchi (98.3 FM) Continues to Do W... (Oct 03, 2016)

Hold: Entertainment Network (Ind...

Target

Karvy

Core Radio Mirchi (98.3 FM) Continues to Do Well, EBITDA hitfrom Operational & Brand Promotion Costs in New Stations: ENIL during Q1FY17 has reported a 9.0% increase (YoY) in its operating revenue to Rs. 1108 mn, whereas EBITDA has decreased by 16.8% (YoY) to Rs. 294 mn and Net profit has decreased by 41.6% (YoY) to Rs. 166 mn. Figures for Q1FY17 and Q1FY16 have been re-aligned with the new Indian GAAP Ind-AS, whereas figures for Q4FY16 are as per the old Indian GAAP.

Entertainment Network (India) Ltd.'s price crossed above 50Day SMA today

Is Entertainment Network (India) Ltd. worth buying?

35 Votes:

Buy 88.57%

Sell 5.71%

Hold 5.71%