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Entertainment Network (India) Limited (532700) Fair Value & Analysis

Services · IN · Market cap ₹6.7B

EN Entertainment Network (India) Limited 532700 · BSE
Price₹101.00
Fair Value₹48.39
Upside-52.1%
Quality53/100
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Weak Growth
Loss-making · -14.7% net margin
Low debt
0.70% dividend yield
Mixed vs. peers (5/11)
Narrow moat 0/100
Evidence: High Range ₹36.29 – ₹60.49 Share as image

Fair value as of: Aug 18, 2026

From 22 valuation models · updated today

Share price −5.1% over the past month.

A solid business, but screening 52% overvalued on our models.

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What matters now

  • The price sits above even our optimistic bull case (₹60.49). The favourable scenario is already priced in.
  • Solid but not exceptional quality (53/100) and above fair value, neither a clear bargain nor a standout compounder.
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Price vs Fair Value (5 years)

₹339.49 ₹99.90 Fair Value ₹48.39 Mar 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 18, 2026.

How to read this chart

60‑month range ₹99.90 – ₹339.49 · fair‑value band ₹36.29 – ₹60.49 · the ₹101.00 price screens above the ₹48.39 fair value. Dashed = 300-day average. As of Aug 18, 2026.

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Analysis

Entertainment Network (India) Limited (532700) currently trades at ₹101.00, while our model-based Fair Value estimate is ₹48.39, implying the stock looks roughly 52.1% overvalued today. The Quality Score stands at 53/100 (solid quality), in the Services sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium, the entry price still matters most (evidence: high).

Over the trailing twelve months, Entertainment Network (India) Limited generated revenue of ₹3.8B at a net margin of -14.7%. Revenue declined 57.3% year over year. It earns a return on equity of -6.4%. The stock trades on a trailing P/E of 23.3 (as of Aug 18, 2026). Fundamentals as of Aug 18, 2026

Our scenario range runs from ₹36.29 (bear case) to ₹60.49 (bull case); at ₹101.00, the current price sits above that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 41% below its 52-week high and 2% above its 52-week low. For context, the median of 10 Services peers we cover trades at -24% fair-value upside, at -52%, 532700 screens richer than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model 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. Evidence
Highest evidence
Growth DCF ₹46.38 ₹63.29 ₹85.78 80
Residual Income ₹110.95 ₹104.69 ₹78.11 76
Rev-Margin DCF ₹41.02 ₹60.27 ₹81.51 74
All 22 models by family
DCF Models
FCF DCF ₹45.49 ₹64.14 ₹90.24 38
Owner Earnings ₹196.38 ₹283.25 ₹404.85 31
5Y Revenue Exit ₹41.02 ₹59.88 ₹83.23 39
5Y EBITDA Exit ₹112.60 ₹189.43 ₹277.39 41
5Y P/E Exit ₹39.64 ₹57.37 ₹75.22 38
10Y Revenue Exit ₹41.33 ₹58.39 ₹79.86 36
10Y EBITDA Exit ₹86.38 ₹144.79 ₹220.39 37
10Y P/E Exit ₹41.49 ₹56.72 ₹74.07 35
Earnings-Based
Graham-Dodd ₹16.45 ₹43.01 ₹56.11 54
PEG = 1.0 ₹8.20 ₹11.71 ₹15.22 46
Dividend Discount
Gordon GGM ₹13.17 ₹25.53 ₹39.75 70
DDM Multi-Stage ₹13.17 ₹19.94 ₹26.90 61
Multiples
P/E Multiple ₹36.29 ₹48.39 ₹60.49 63
P/S Multiple ₹30.85 ₹41.13 ₹51.41 58
P/B Multiple ₹30.85 ₹41.13 ₹51.41 55
EV/EBITDA ₹172.55 ₹228.64 ₹284.74 54
EV/Revenue ₹40.47 ₹55.99 ₹71.51 43
Asset-Based
NCAV (Graham) ₹80.89 ₹108.40 ₹161.79 50
Growth DCF
Growth DCF ₹46.38 ₹63.29 ₹85.78 80
Rev-Margin DCF ₹41.02 ₹60.27 ₹81.51 74
Economic Profit
Residual Income ₹110.95 ₹104.69 ₹78.11 76
Growth Earnings
Growth-Adj P/E ₹28.46 ₹40.66 ₹52.86 68

Widest divergence: Asset-Based (₹108.40) versus Earnings-Based (₹11.71). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹3.8B
Revenue growth (YoY) -57.3%
Net margin -14.7%
Return on equity -6.4%
P/E ratio 23.3 as of Aug 18, 2026
Operating margin -18.4%
More key figures
EPS (TTM) ₹7.94
Dividend yield 0.7%
EPS growth (YoY) -19.8%

Figures from reported company fundamentals · as of Aug 18, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 53/100

Of which business quality 57 · Market factors (momentum, volatility) 31

Profitability 27
Margins and returns on capital today
Quality Growth 24
Are margins and returns improving?
Cashflow 64
Earnings quality: real cash, not paper profit
Fin. Strength 63
Balance sheet, leverage, solvency risk
Investment 93
Disciplined investing over empire-building
Low Volatility 70
Calm price path (market factor)
Momentum 21
Price trend over the last 3–12 months (market factor)
52W Momentum 4
Distance to the 52-week high (market factor)
Net Issuance 82
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

Entertainment Network (India) Limited, together with its subsidiary, operates FM radio broadcasting stations in India. It operates broadcasting stations in 63 cities under the brand names of Radio Mirchi, Mirchi Love, Mirchi 95, and Kool FM; and 21 online radio stations. The company was incorporated in 1999 and is based in Mumbai, India.

Full company description

Entertainment Network (India) Limited, together with its subsidiary, operates FM radio broadcasting stations in India. It operates broadcasting stations in 63 cities under the brand names of Radio Mirchi, Mirchi Love, Mirchi 95, and Kool FM; and 21 online radio stations. The company was incorporated in 1999 and is based in Mumbai, India. Entertainment Network (India) Limited is a subsidiary of Bennett, Coleman & Company Limited.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Entertainment Network (India) Limited reported revenue of ₹5.4B in FY2025 versus ₹2.7B in FY2021, a compound +18.9%/yr. Reported net income was ₹115M in FY2025.

Growth Quality 40/100
Revenue growth is weak, negative or inconsistent.
Latest Revenue (FY 2025)
₹5.4B
Latest YoY
+1.6%
Avg. growth/yr (3Y) 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.
+19.5%
Avg. growth/yr (5Y) 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.
−0.1%
Avg. growth/yr (11Y) 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.
+3.2%
Revenue +18.9%/yr
FY21 ₹2.7B
FY22 ₹3.2B
FY23 ₹5.1B
FY24 ₹5.4B
FY25 ₹5.4B
Net income
FY21 −₹1.1B
FY22 −₹363M
FY23 −₹1.6B
FY24 ₹325M
FY25 ₹115M

532700 screens 52% overvalued. Compare with PVR Limited →

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Cite: Fair Value Calculator (2026). "Entertainment Network (India) Limited Fair Value". https://www.fairvalue-calculator.com/stock/532700

Peer Group

Services · 11 stocks

How this stock ranks against its sector: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median. (Industry “Broadcasting - Radio” was too small, so the broader sector is used.)

Quality Score 53 · Above median
Fair Value upside −52% · Below median
Return on assets -3% · Bottom 25%
Net margin (TTM) -15% · Bottom 25%
Operating margin (TTM) -18% · Bottom 25%
Revenue growth -57% · Above median
Dividend yield (TTM) 0.7% · Top 25%

Valuation Multiples vs Services median · lower = cheaper

P/E (TTM) 23.3× · Pricier than median
P/S (TTM) 0.02× · Cheaper than 75% of peers

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 0 · sector 0
FUTURE 0 · sector 0
PAST 0 · sector 0
HEALTH 100 · sector 100
DIVIDEND 14 · sector 1

VALUE 0: the price sits above our fair-value range.

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Broadcasting - Radio stocks, each showing price versus our Fair Value estimate (as of Aug 18, 2026).

Stock Price Fair Value vs Fair Value
PVR Limited 532689 ₹1,192 ₹783.79 -34%
eClerx Services Limited 532927 ₹1,854 ₹3,208 +73%
Ramkrishna Forgings Limited 532527 ₹742.70 ₹2,216 +198%
Saregama India Limited 532163 ₹531.35 ₹2,119 +299%
TAJGVK Hotels & Resorts Limited 532390 ₹337.95 ₹258.32 -24%
Repro India Limited 532687 ₹327.45 ₹38.77 -88%
Allsec Technologies Limited 532633 ₹810.60 ₹605.57 -25%
Oriental Hotels Limited 500314 ₹126.45 ₹33.58 -73%
Oriental Veneer Products Limited 531859 ₹109.80 ₹156.73 +43%
Royal Orchid Hotels Limited 532699 ₹307.20 ₹225.33 -27%

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Frequently asked questions

Is Entertainment Network (India) Limited (532700) overvalued or undervalued?
As of Aug 18, 2026, our model estimates a fair value of ₹48.39 versus a price of ₹101.00, about −52% (overvalued).
What is the fair value of 532700?
Our model-based fair value for Entertainment Network (India) Limited is ₹48.39 (as of Aug 18, 2026), built from audited fundamentals. The current price is ₹101.00.
What is the quality score of 532700?
Entertainment Network (India) Limited has a Quality Score of 53/100. 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 revenue of Entertainment Network (India) Limited (532700)?
Entertainment Network (India) Limited reported trailing-twelve-month revenue of about ₹3.8B (latest available figure, as of Aug 18, 2026).
What is the net profit margin of 532700?
The net profit margin of Entertainment Network (India) Limited is about -14.7%, meaning it is currently running at a net loss. Based on the latest reported figures.
Does Entertainment Network (India) Limited pay a dividend?
Entertainment Network (India) Limited currently shows a dividend yield of about 0.70% relative to its recent price (as of Aug 18, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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