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Music Broadcast Limited (RADIOCITY) Fair Value & Analysis

Communication Services · IN · Market cap ₹2.2B

MB Music Broadcast Limited RADIOCITY · NSE
Price₹6.07
Fair Value₹1.34
Upside-77.9%
Quality57/100
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Evidence: Medium Range ₹0.8700 – ₹1.82

Fair value as of: Jul 3, 2026

From 12 valuation models · updated today

Share price −0.5% over the past month.

Price vs Fair Value (12 months)

₹9.29 ₹4.62 Fair Value ₹1.34 Jul 2025 Jul 2026

12‑month range ₹4.62 – ₹9.29 · fair‑value band ₹0.8700 – ₹1.82 · the ₹6.07 price screens above the ₹1.34 fair value. As of Jul 3, 2026.

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Analysis

Music Broadcast Limited (RADIOCITY) currently trades at ₹6.07, while our model-based Fair Value estimate is ₹1.34 — implying the stock looks roughly 77.9% overvalued today. We read business quality at 57/100 (solid 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, Music Broadcast Limited generated revenue of ₹1.7B at a net margin of -30.6%. Revenue declined 25.4% year over year. It earns a return on equity of -11.3%. Net debt stands at ₹192M. Fundamentals as of Jul 3, 2026

Key figures & financial health

Revenue (TTM) ₹1.7B
Revenue growth (YoY) -25.4%
Net margin -30.6%
Return on equity -11.3%
Free cash flow ₹368M FY2026
Operating margin -12.6%
More key figures
EPS (TTM) ₹-1.54
EPS growth (YoY) +6.6%
Net debt ₹192M FY2026

Figures from reported company fundamentals (EODHD) · as of Jul 3, 2026. TTM = trailing twelve months.

About the company

Music Broadcast Limited engages in the operating of FM radio stations under the Radio City brand name in India. The company operates radiocity.in website, and 39 radio stations across India. It serves individual listeners, multiple advertisement agencies, media partners, other broadcasting agencies, government and non- government organizations, retail chains, etc. Music Broadcast Limited was incorporated in 1999 and is based in Mumbai, India. Music Broadcast Limited is a subsidiary of Jagran Prakashan Limited.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

Music Broadcast Limited reported revenue of ₹1.7B in FY2026 versus ₹1.7B in FY2022, a compound +0.9%/yr. Reported net income was −₹533M in FY2026.

Revenue +0.9%/yr
FY22 ₹1.7B
FY23 ₹2.0B
FY24 ₹2.3B
FY25 ₹2.3B
FY26 ₹1.7B
Net income
FY22 −₹57.0M
FY23 ₹34.4M
FY24 ₹68.4M
FY25 −₹338M
FY26 −₹533M

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Frequently asked questions

Is Music Broadcast Limited (RADIOCITY) undervalued?
As of Jul 3, 2026, our model estimates a fair value of ₹1.34 versus a price of ₹6.07 — about −78% (overvalued). Model-based estimate, not financial advice.
What is the fair value of RADIOCITY?
Our model-based fair value for Music Broadcast Limited is ₹1.34 (as of Jul 3, 2026), built from audited fundamentals. The current price is ₹6.07.
What is the quality score of RADIOCITY?
Music Broadcast Limited has a Quality Score of 57/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Music Broadcast Limited (RADIOCITY)?
Music Broadcast Limited reported trailing-twelve-month revenue of about ₹1.7B (latest available figure, as of Jul 3, 2026).
What is the net profit margin of RADIOCITY?
The net profit margin of Music Broadcast Limited is about -30.6%, meaning it is currently running at a net loss. Based on the latest reported figures.

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.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.