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

Communication Services · IN · Market cap ₹5.2B

EN Entertainment Network (India) Limited ENIL · NSE
Price₹101.33
Fair Value₹85.81
Upside-15.3%
Quality44/100
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Mixed Growth
Loss-making · -1.4% net margin
Low debt · generates free cash flow
1.85% dividend yield
Trails peers (3/11)
Narrow moat 14/100
Evidence: Medium Range ₹57.51 – ₹114.11 Share as image

Fair value as of: Aug 2, 2026

From 13 valuation models · updated 11 days ago

Share price −4.4% over the past month.

Below-average quality, and screening another 15% overvalued on our models.

What matters now

  • Weak quality (44/100) and above fair value at the same time, the margin of safety is missing on both counts.
  • A fairly wide model range (₹57.51 to ₹114.11) leaves room in how you read the outcome.
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Price vs Fair Value (5 years)

₹339.48 ₹99.54 Fair Value ₹85.81 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 2, 2026.

How to read this chart

60‑month range ₹99.54 – ₹339.48 · fair‑value band ₹57.51 – ₹114.11 · the ₹101.33 price screens above the ₹85.81 fair value. Dashed = 300-day average. As of Aug 2, 2026.

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Analysis

Entertainment Network (India) Limited (ENIL) currently trades at ₹101.33, while our model-based Fair Value estimate is ₹85.81, implying the stock looks roughly 15.3% overvalued today. The Quality Score stands at 44/100 (below-average quality), in the Communication 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: medium).

Over the trailing twelve months, Entertainment Network (India) Limited generated revenue of ₹5.7B at a net margin of -1.4%. Revenue declined 11.5% year over year. It earns a return on equity of -1.0%. Net debt stands at ₹1.3B. Fundamentals as of Aug 2, 2026

Our scenario range runs from ₹57.51 (bear case) to ₹114.11 (bull case); at ₹101.33, the current price sits within 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 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 12% fair-value upside, at -15%, ENIL 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 ₹160.98 ₹258.39 ₹410.03 80
Rev-Margin DCF ₹136.69 ₹220.02 ₹323.96 74
Gordon GGM ₹17.57 ₹35.00 ₹53.00 70
All 13 models by family
DCF Models
FCF DCF ₹161.28 ₹265.64 ₹432.84 38
Owner Earnings ₹157.12 ₹258.63 ₹421.27 31
5Y Revenue Exit ₹136.69 ₹220.87 ₹331.88 39
5Y EBITDA Exit ₹111.53 ₹170.63 ₹241.11 41
10Y Revenue Exit ₹140.25 ₹220.73 ₹337.28 36
10Y EBITDA Exit ₹127.89 ₹185.39 ₹265.26 37
Dividend Discount
Gordon GGM ₹17.57 ₹35.00 ₹53.00 70
DDM Multi-Stage ₹17.57 ₹30.25 ₹36.95 61
Multiples
EV/EBITDA ₹93.33 ₹121.63 ₹149.93 54
EV/Revenue ₹126.99 ₹177.79 ₹228.60 43
Asset-Based
NCAV (Graham) ₹79.50 ₹106.53 ₹159.00 50
Growth DCF
Growth DCF ₹160.98 ₹258.39 ₹410.03 80
Rev-Margin DCF ₹136.69 ₹220.02 ₹323.96 74

Widest divergence: DCF Models (₹220.73) versus Dividend Discount (₹30.25). Highest evidence: Growth DCF (80).

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Key figures & financial health

Revenue (TTM) ₹5.7B
Revenue growth (YoY) -11.5%
Net margin -1.4%
Return on equity -1.0%
Free cash flow ₹621M FY2026
Operating margin -7.6%
More key figures
EPS (TTM) ₹-1.55
Dividend yield 1.9%
EPS growth (YoY) -32.2%
Net debt ₹1.3B FY2026

Figures from reported company fundamentals · as of Aug 2, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 44/100

Of which business quality 47 · Market factors (momentum, volatility) 33

Profitability 16
Margins and returns on capital today
Quality Growth 16
Are margins and returns improving?
Cashflow 60
Earnings quality: real cash, not paper profit
Fin. Strength 63
Balance sheet, leverage, solvency risk
Investment 97
Disciplined investing over empire-building
Low Volatility 83
Calm price path (market factor)
Momentum 18
Price trend over the last 3–12 months (market factor)
52W Momentum 2
Distance to the 52-week high (market factor)
Net Issuance 38
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 and internationally. The company operates radio stations under the Mirchi, Radio Mirchi, Mirchi 95, Mirchi Plus, Mirchi Love, and Kool FM brand names.

Full company description

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. 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.

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

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

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.

Growth Quality 61/100
Revenue is growing, but margins or cash flow do not fully confirm the trend.
Latest Revenue (FY 2026)
₹5.7B
Latest YoY
−2.9%
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.
+4.0%
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.
+16.0%
Avg. growth/yr (24Y) 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.
+24.0%
Revenue +15.5%/yr
FY22 ₹3.2B
FY23 ₹5.0B
FY24 ₹5.6B
FY25 ₹5.8B
FY26 ₹5.7B
Net income
FY22 −₹363M
FY23 −₹1.6B
FY24 ₹325M
FY25 ₹115M
FY26 −₹76.6M

ENIL screens 15% overvalued. Compare with Nexstar Media Group →

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

Peer Group

Broadcasting · 68 stocks

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.

Quality Score 44 · Below median
Fair Value upside −15% · Below median
Return on assets -2% · Bottom 25%
Net margin (TTM) -1% · Below median
Operating margin (TTM) -8% · Below median
Revenue growth -12% · Bottom 25%
Dividend yield (TTM) 1.9% · Below median

Valuation Multiples vs Broadcasting median · lower = cheaper

P/S (TTM) 0.01× · Cheaper than 75% of peers
P/FCF 0.1× · 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 13 · sector 35
FUTURE 0 · sector 0
PAST 0 · sector 3
HEALTH 100 · sector 96
DIVIDEND 37 · sector 47

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 stocks, each showing price versus our Fair Value estimate (as of Aug 2, 2026).

Stock Price Fair Value vs Fair Value
Nexstar Media Group NXST $183.71 $78.52 -57%
SES S.A SESG €7.46 €15.46 +107%
PT Elang Mahkota Teknologi Tbk, through its subsidiaries, EMTK 505.00 IDR 1,094 IDR +117%
MFE-Mediaforeurope N.V MFEB €3.64 €5.38 +48%
Jiangsu Broadcasting Cable Information Network Corporation 600959 ¥3.07 ¥1.14 -63%
Sun TV Network Limited SUNTV ₹489.20 ₹586.58 +20%
MBC Group 4072 20.06 SAR 19.56 SAR -2%
Beijing Gehua Catv Network Co 600037 ¥7.13 ¥3.64 -49%
PT Surya Citra Media Tbk, SCMA 206.00 IDR 229.91 IDR +12%
Zee Entertainment Enterprises Limited ZEEL ₹92.61 ₹53.22 -43%

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Frequently asked questions

Is Entertainment Network (India) Limited (ENIL) overvalued or undervalued?
As of Aug 2, 2026, our model estimates a fair value of ₹85.81 versus a price of ₹101.33, about −15% (overvalued).
What is the fair value of ENIL?
Our model-based fair value for Entertainment Network (India) Limited is ₹85.81 (as of Aug 2, 2026), built from audited fundamentals. The current price is ₹101.33.
What is the quality score of ENIL?
Entertainment Network (India) Limited has a Quality Score of 44/100. 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 (ENIL)?
Entertainment Network (India) Limited reported trailing-twelve-month revenue of about ₹5.7B (latest available figure, as of Aug 2, 2026).
What is the net profit margin of ENIL?
The net profit margin of Entertainment Network (India) Limited is about -1.4%, 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 1.85% relative to its recent price (as of Aug 2, 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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