NSE: ENIL | BSE: 532700

Slowing Down Stock

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123.19 0.42 (0.34%)

Near 52W Low of ₹121.00

474 NSE Volume

NSE 01 Dec, 2025 9:41 AM (IST)

587.3

Market Cap

Above industry Median

Beta 1Year

Low 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

123.19

0.34%

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 all available SMAs

Entertainment Network (India) Ltd.

04 Aug 2017

123.19

0.34%

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 below all available SMAs

Entertainment Network (India) Ltd.

25 May 2017

123.19

0.34%

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 has lost -23.82% in the last 3 Months

Entertainment Network (India) Ltd.

25 May 2017

123.19

0.34%

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 has lost -23.82% in the last 3 Months

Entertainment Network (India) Ltd.

02 May 2017

123.19

0.34%

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 has lost -23.82% in the last 3 Months

Entertainment Network (India) Ltd.

15 Feb 2017

123.19

0.34%

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. is trading below all available SMAs

Entertainment Network (India) Ltd.

11 Nov 2016

123.19

0.34%

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 below all available SMAs

Entertainment Network (India) Ltd.

10 Nov 2016

123.19

0.34%

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 below all available SMAs

Entertainment Network (India) Ltd.

03 Oct 2016

123.19

0.34%

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. is trading below all available SMAs

Is Entertainment Network (India) Ltd. worth buying?

35 Votes:

Buy 88.57%

Sell 5.71%

Hold 5.71%