Entertainment Network (India) Limited (ENIL) fair value: what the stock is really worth
As of Nov 9, 2026: fair value (intrinsic value) of Entertainment Network (India) Limited stock ₹219, price ₹82.93, upside +164.6%, quality 48 out of 100. Rating: strongly undervalued. Calculated from audited financials with 11 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 11, 2026.
How to read this chart
60‑month range ₹80.55 – ₹339.48 · fair‑value band ₹138.90 – ₹325.25 · the ₹82.93 price screens below the ₹219.41 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). 2 fiscal years are left out: there the valuation rested on only a fraction of the usual models. As of Nov 11, 2026.
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Entertainment Network (India) Limited, together with its subsidiary, operates FM radio broadcasting stations in India and internationally. The company operates radio stations under the Mirchi, Radio Mirchi, Mirchi 95, Mirchi Plus, Mirchi Love, and Kool FM brand names.
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It also operates Gaana, a music audio content and hosting and streaming in various languages; and provides radio advertising services.
In addition, it is involved in the provision of various branded solutions, including concerts, award shows, on-air properties, brand licensing, multimedia, and digital services; and services to manage the intellectual properties, and activities or events of clients.
The company was incorporated in 1999 and is based in Mumbai, India. Entertainment Network (India) Limited operates as a subsidiary of Bennett, Coleman & Company Limited.
Stock analysis
Entertainment Network (India) Limited (ENIL) currently trades at ₹82.93, while our model-based Fair Value estimate is ₹219.41, implying the stock looks roughly 62% undervalued today.
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Valuation
Bull case: the Growth DCF group reads highest at a median of ₹235.23 per share, and 10 of the 11 models we run sit above the ₹82.93 price.
Bear case: the Multiples group reads lowest at ₹113.08, and 1 of the 11 models stay below the price. Data coverage for this calculation is low.
Scenario range: ₹138.90 (bear) to ₹325.25 (bull), the price of ₹82.93 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 48/100 (below-average quality), in the Communication Services sector.
Mixed Growth: Revenue is growing, but margins or cash flow do not fully confirm the trend.
Entertainment Network (India) Limited reported revenue of ₹5.7B in FY2026 versus ₹3.2B in FY2022, a compound +15.5%/yr. Reported net income was −₹76.6M in FY2026.
Key figures
Market cap ₹4.0B (≈ $42.1M) Micro · P/S ratio 0.69 · EPS (TTM) ₹−1.72 · Dividend yield 2.4% · Net margin −1.5% · Return on equity −1.0% · Return on assets (EBIT) −3.5% (5-year average) · Operating margin −11.1%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 15 out of 100 (low confidence).
What moves the price
The share trades about 38% below its 52-week high and 3% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at −4% fair-value upside, at 165%, ENIL screens cheaper than that median.
Fair Value models
Bear₹138.90Fair Value ₹219.41Bull₹325.25
Price ₹82.93 · Upside +164.6%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.61/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Revenue growth 1 year
−2.9%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+4.0%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+16.0%
Start year 2021 (pandemic). Over 10 years: +1.4% a year
Revenue growth 24 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+24.0%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
−30.3% (2021) → −7.0% (2026)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
Little optimism in the price
The price assumes less growth than the company has delivered so far.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
−32.6%
The company could shrink this much every year for the next five years and today's price would still be justified.
What forecasts expect
n/a
No analyst forecast available.
After inflation (India: IMF forecast 4.1% a year to 2030, 4.7% from 2016 to 2025) that is about −35.2% a year for the price.
Compare Entertainment Network (India) Limited with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Broadcasting · 69 stocks
Beats the industry median on 5/11 measures
A mixed picture versus its industry peers.
Valuation
Quality Score48 · Below median
Fair Value upside+164.6% · Top 25%
Profitability
Return on assets−0.6% · Below median
Net margin (12 months)−1.5% · Below median
Operating margin (12 months)−11.1% · Bottom 25%
Growth and dividend
Revenue growth (quarter YoY)−2.8% · Below median
Dividend yield (12 months)2.4% · Below median
Valuation Multiplesvs Broadcasting median · lower = cheaper
P/B0.52× · Cheapest 25%
P/S (12 months)0.70× · Cheaper than median
Price / free cash flow (fiscal year)6.4× · Cheaper than median
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Is Entertainment Network (India) Limited (ENIL) overvalued or undervalued?
As of Nov 11, 2026, our model estimates a fair value of ₹219.41 versus a price of ₹82.93, about +165% upside (undervalued).
What is the fair value of ENIL?
Our model-based fair value for Entertainment Network (India) Limited is ₹219.41 (as of Nov 11, 2026), built from audited fundamentals. The current price: ₹82.93.
What is the quality score of ENIL?
Entertainment Network (India) Limited has a Quality Score of 48/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Entertainment Network (India) Limited (ENIL)?
Our model-based price target is the fair value of ₹219.41 (as of Nov 11, 2026) from 11 valuation models. Cautious scenario ₹138.90, optimistic scenario ₹325.25. It is a calculation from audited fundamentals, not an analyst target.
What is the Entertainment Network (India) Limited stock forecast for 2026?
Our models put fair value at ₹219.41, about +165% upside versus a price of ₹82.93 (undervalued). Cautious scenario ₹138.90, optimistic scenario ₹325.25. The calculation is refreshed regularly with new filings.
What is the revenue of Entertainment Network (India) Limited (ENIL)?
Entertainment Network (India) Limited reported trailing-twelve-month revenue of about ₹5.6B (latest available figure, as of Nov 11, 2026).
Does Entertainment Network (India) Limited pay a dividend?
Entertainment Network (India) Limited currently shows a dividend yield of 2.41% relative to its recent price (as of Nov 11, 2026).
How much is the dividend of Entertainment Network (India) Limited (ENIL) and when is the ex-dividend date?
Entertainment Network (India) Limited pays a dividend of ₹2.00 per share a year, a dividend yield of 2.4%. The last ex-dividend date was Sep 18, 2026. A dividend has been paid every year since at least 2013. Free cash flow covers the dividend 6.51 times. Our assessment: Cash covered. The dividend is fully funded by free cash flow. The payout ratio on earnings is not available for this company.
What growth is priced into Entertainment Network (India) Limited (ENIL)?
For today's price to be fair in a discounted-cash-flow model, Entertainment Network (India) Limited would have to grow free cash flow by -32.6 % per year for five years (discount rate 10.9 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +16.0 % per year. As of Nov 11, 2026.
What discount rate (WACC) does the fair value of ENIL use?
Our models discount Entertainment Network (India) Limited at 10.9 %: a base by market capitalisation (nano), damped by beta 0.30, country premium for India. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Entertainment Network (India) Limited that is -32.6 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.9 %) and the same formula as our fair value.
How much growth has Entertainment Network (India) Limited (ENIL) delivered so far?
Over the past 5 years revenue at Entertainment Network (India) Limited grew +16.0 % a year. The price currently implies free-cash-flow growth of -32.6 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Entertainment Network (India) Limited (ENIL) growing?
The median revenue growth in the sector is +3.8 % a year. That is the yardstick for the growth priced into Entertainment Network (India) Limited (-32.6 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Entertainment Network (India) Limited (ENIL)?
The free-cash-flow yield on the price is 15.71 %: that much free cash flow Entertainment Network (India) Limited produces per unit of market value. When it exceeds the discount rate of our models (10.9 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Entertainment Network (India) Limited (ENIL)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Entertainment Network (India) Limited it is ₹219.41 per share (as of Nov 11, 2026), against a price of ₹82.93. It is the blended result of 11 valuation models in 4 families (DCF Models, Multiples, Asset-Based, Growth DCF).
Is Entertainment Network (India) Limited stock overvalued or undervalued in 2026?
As of Nov 11, 2026, ENIL trades below its calculated fair value: price ₹82.93, fair value ₹219.41, a gap of about +165% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of ENIL?
No. The price is what the market pays today (₹82.93); the fair value is what the company's own numbers justify (₹219.41). For Entertainment Network (India) Limited the two are ₹136.48 per share apart. That gap is exactly why we show both numbers side by side.
How much is Entertainment Network (India) Limited worth?
The market values Entertainment Network (India) Limited at about ₹4.0B (market capitalisation, as of Nov 11, 2026). Per share that is ₹82.93; our models calculate a fair value of ₹219.41 per share.
What do the bullish and bearish scenarios say about ENIL?
Our models span a range for Entertainment Network (India) Limited: cautious scenario ₹138.90, base ₹219.41, optimistic ₹325.25 per share (as of Nov 11, 2026, price ₹82.93). The range comes from different growth and margin assumptions, not from analyst opinions.
How solid is the balance sheet of Entertainment Network (India) Limited (ENIL)?
Balance-sheet figures for Entertainment Network (India) Limited (as of Nov 11, 2026): return on equity −1.0%. They feed the Quality Score of 48/100, which measures business quality independently of the share price.
How far is ENIL from its 52-week high?
Entertainment Network (India) Limited trades at ₹82.93, about 38% below its 52-week high of ₹134.29 and 3% above the low of ₹80.55 (as of Nov 9, 2026). Distance from the high says nothing about value: that is what the fair value of ₹219.41 is for.
Which stocks are comparable to Entertainment Network (India) Limited?
From the same area (Communication Services) we also value Nexstar Media Group, Sun TV Network Limited, Jiangsu Broadcasting Cable Information Network Corporation, SES S.A, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Entertainment Network (India) Limited stock attractive at the current price?
The data as of Nov 11, 2026: price ₹82.93, calculated fair value ₹219.41 (+165%), Quality Score 48/100, from 11 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of ENIL calculated?
We run Entertainment Network (India) Limited through 11 models from 4 families: DCF Models, Multiples, Asset-Based, Growth DCF. Every model gets the same audited fundamentals; the fair value of ₹219.41 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 15.1% above its aggregate fair value. Entertainment Network (India) Limited currently trades 62% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Entertainment Network (India) Limited (ENIL)?
The closing price on Nov 9, 2026 was ₹82.93. Our model-based fair value is ₹219.41, about +165% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Entertainment Network (India) Limited right now?
The large discount to fair value meets weak quality (48/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (₹138.90). The market is more pessimistic than our downside scenario. The large gap to fair value rests on thin data (low evidence): fewer applicable models and a shorter history. Read it with extra caution. A fairly wide model range (₹138.90 to ₹325.25) leaves room in how you read the outcome.
Key figures of Entertainment Network (India) Limited
How large is the market capitalisation of Entertainment Network (India) Limited (ENIL)?
The market capitalisation of Entertainment Network (India) Limited is ₹4.0B (≈ $42.1M). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/S ratio of Entertainment Network (India) Limited (ENIL)?
The price-to-sales ratio of Entertainment Network (India) Limited is 0.69 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Entertainment Network (India) Limited (ENIL)?
Earnings per share at Entertainment Network (India) Limited are ₹−1.72. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Entertainment Network (India) Limited (ENIL)?
The dividend yield of Entertainment Network (India) Limited is 2.4%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Entertainment Network (India) Limited (ENIL)?
The net margin of Entertainment Network (India) Limited is −1.5% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Entertainment Network (India) Limited (ENIL)?
The return on equity (ROE) of Entertainment Network (India) Limited is −1.0% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Entertainment Network (India) Limited (ENIL)?
On an EBIT basis the return on assets of Entertainment Network (India) Limited is −3.5% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Entertainment Network (India) Limited (ENIL)?
The operating margin of Entertainment Network (India) Limited is −11.1% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Entertainment Network (India) Limited (ENIL)?
Revenue at Entertainment Network (India) Limited is growing −2.8% versus a year earlier (3y avg +4.0%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Entertainment Network (India) Limited (ENIL)?
Earnings per share at Entertainment Network (India) Limited are growing −32.2% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Entertainment Network (India) Limited (ENIL) carry?
The net debt of Entertainment Network (India) Limited is ₹1.3B (fiscal year 2026, ≈ 2.2 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Thin data
Nov 11, 2026