Music Broadcast Ltd (BOM:540366)
₹ 12.78 0 (0%) Market Cap: 4.42 Bil Enterprise Value: 4.60 Bil PE Ratio: 75.18 PB Ratio: 0.83 GF Score: 66/100

Q2 2025 Music Broadcast Ltd Earnings Call Transcript

Oct 25, 2024 / 08:30AM GMT
Release Date Price: ₹13.12 (-6.88%)

Key Points

Positve
  • Revenue increased by 5% year on year to INR 55 Crores, indicating growth despite a challenging media environment.
  • The finance sector experienced remarkable growth of 45%, contributing 9% to the total volume.
  • The digital segment achieved an impressive 33% year on year growth, contributing 11% to total revenue.
  • Radio City remains the top choice for advertisers, with 38% of the industry's client base selecting their platforms.
  • The launch of India's first 24/7 video channel RC Studio on JIO TV has significantly expanded reach and audience engagement.
Negative
  • EBITDA declined by 21% year on year, with margins at 17.4% for the quarter.
  • The real estate sector, accounting for 17% of the industry, experienced a year on year decline of 20%.
  • The Pharma sector saw a decrease of 4%, contributing 11% to the industry.
  • Volume growth declined by 3% for both the industry and the company.
  • Employee costs and other expenses surged by 16% and 12% respectively, impacting profitability.
Operator

Ladies and gentlemen, good day and welcome to Music Broadcast Limited Q2 F 525 earnings conference call. This conference call may contain forward-looking statements about the company which are based on the beliefs, opinions and expectations of the company. As on date of this call, these statements are not the guarantees of future performance and involve risk and uncertainties that are difficult to predict. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call? Please take the line operator by pressing star then zero on your touchtone phone. Please note that this conference is being recorded.

I now hand the conference over to Mr Ashit Kukian CEO from Music Broadcast Limited. Thank you and over to you, sir.

Ashit Kukian Music Broadcast Ltd;Chief Executive Officer

Thank you. Good afternoon, everyone and a very warm welcome to the Q2 F 525 earnings conference call of Music Broadcast Limited.

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