Music Broadcast Limited

Founded in 1999 and headquartered in Maharashtra, India.

1999 | Mumbai, Maharashtra (India) | Active
Last Updated:

Music Broadcast Profile

Key Indicators

  • Authorised Capital ₹ 89.02 Cr
  • Paid Up Capital ₹ 69.14 Cr
  • Company Age 25 Year, 6 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 166.25 Cr
  • Satisfied Charges ₹ 207.42 Cr
  • Revenue Growth 18.00%
  • Profit Growth 160.34%
  • Ebitda 109.21%
  • Net Worth -13.06%
  • Total Assets 0.32%

About Music Broadcast

Music Broadcast Limited (MBL) is a leading Public Limited Indian Non-Government Company incorporated in India on 04 November 1999 and has a history of 25 years and six months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 540366 and on the National Stock Exchange(NSE) under RADIOCITY.

The Corporate was formerly known as Music Broadcast Private Limited. The Company is engaged in the Media And Publishing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 89.02 Cr and a paid-up capital of Rs 69.14 Cr.

The company currently has active open charges totaling ₹166.25 Cr. The company has closed loans amounting to ₹207.42 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Music Broadcast Limited India are Ashit Kukian as Ceo, Arpita Mehrotra as Company Secretary, and Prashant Domadia as Cfo. Vijay Tandon, Shailesh Gupta, Rahul Gupta, and Four other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L64200MH1999PLC137729

  • Company No.

    137729

  • Stock Symbol

    BSE : 540366 NSE : RADIOCITY

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    04 Nov 1999

  • Date of AGM

    21 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Media and Publishing
Company report

Music Broadcast Limited

Explore comprehensive data for Music Broadcast Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Music Broadcast?

Executive Team (3)

NameDesignationAppointment DateStatus
Ashit Kukian Country flag representing In CEO12-Sep-2018Current
Arpita Mehrotra Company Secretary21-Oct-2021Current
Prashant Domadia Country flag representing In CFO23-Nov-2015Current

Board Members (7)

NameDesignationAppointment DateStatus
Vijay Tandon Country flag representing In Director 24-Nov-2016Current
Rahul Gupta Country flag representing In Director 10-Jun-2015Current
Shailesh Gupta Country flag representing In Director 28-Jan-2019Current
Ravi Sardana Country flag representing In Director 24-May-2022Current
Anita Nayyar Country flag representing In Director 27-Jan-2020Current
Madhukar Kamath Country flag representing In Director 25-May-2017Current

Financial Performance of Music Broadcast.

Music Broadcast Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18% increase. The company also saw a substantial improvement in profitability, with a 160.34% increase in profit. The company's net worth observed a substantial decline by a decrease of 13.06%.

Music Broadcast revenue growth over time
Music Broadcast profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
18.00%
Revenue from Operations
18.07%
Total Assets
0.32%
Profit or Loss
160.34%
Net Worth
-13.06%
EBITDA
109.21%

What is the Ownership and Shareholding Structure of Music Broadcast?

In 2023, Music Broadcast had a promoter holding of 74.05% and a public holding of 25.94%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹166.25 Cr

Satisfied Charges

₹207.42 Cr

Charges Breakdown by Lending Institutions

  • Hdfc Bank Limited : 160.45 Cr
  • Axis Bank Limited : 3.51 Cr
  • Others : 2.29 Cr

Latest Charge Details

DateLenderAmountStatus
03 Nov 2022Axis Bank Limited₹2.51 CrOpen
15 Jan 2021Axis Bank Limited₹1.00 CrOpen
13 Oct 2020Others₹2.29 CrOpen
11 Jun 2019Hdfc Bank Limited₹90.00 CrOpen
21 Feb 2019Hdfc Bank Limited₹15.00 CrOpen

How Many Employees Work at Music Broadcast?

Music Broadcast has a workforce of 455 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Music Broadcast Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Music Broadcast, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Music Broadcast's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Music Broadcast

Recent activity within the organization

  • Annual General Meeting

    Music Broadcast Limited last Annual general meeting of members was held on 21 Aug 2024 as per latest MCA records.

  • Balance Sheet

    Music Broadcast Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge with Others of Rs. 2.29 Cr registered on 13 Oct 2020 with Charge ID 100388559 was modified on 14 Aug 2023.

  • Charges

    A charge with Axis Bank Limited of Rs. 2.51 Cr registered on 03 Nov 2022 with Charge ID 100643596 was modified on 22 Nov 2022.

  • Charges

    A charge with Axis Bank Limited amounted to Rs. 2.51 Cr with Charge ID 100643596 was registered on 03 Nov 2022.

  • Charges

    A charge registered on 23 Dec 2021 via Charge ID 100521917 with Axis Bank Limited was fully satisfied on 04 Jun 2022.

Frequently asked questions

  • What is the Incorporation or founding date of Music Broadcast Limited?

    Music Broadcast Limited was incorporated on 04 Nov 1999.

  • What is authorized share capital and paid-up capital of Music Broadcast Limited?

    The authorized share capital of Music Broadcast Limited is ₹ 89.02 Cr and paid-up capital is ₹ 69.14 Cr.

  • Who are the current board members & directors of Music Broadcast Limited?

    Currently 10 directors are associated with Music Broadcast Limited.

    • Vijay Tandon
    • Shailesh Gupta
    • Rahul Gupta
    • Ravi Sardana
    • Ashit Mahabal Kukian
    • Arpita Mehrotra
    • Prashant Domadia
    • Anita Nayyar
    • Madhukar Prabhakar Kamath
    • Anuj Puri

  • What is the registered address of Music Broadcast Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Music Broadcast Limited is 5Th Floor Rna Corporate Park Off Western Express Highway Kalanagar, Band Ra (East) India, Mumbai, Maharashtra, 400051.

  • What is the corporate identification number (CIN) and company number of Music Broadcast Limited?

    The corporate identification number (CIN) of Music Broadcast Limited is L64200MH1999PLC137729 and the company number is 137729 as per Ministry of Corporate Affairs (MCA).

  • Is Music Broadcast Limited registered with any stock exchange in India?

    Yes, Music Broadcast Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): RADIOCITY.

  • What is the official website of Music Broadcast Limited?

    The Official website of Music Broadcast Limited is https://www.planetradiocity.com

  • What has been the recent revenue trend for Music Broadcast Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Music Broadcast Limited has risen by 18.00%.

  • How many employees does Music Broadcast Limited currently have?

    As Per 2023 financial reports, 455 employees are currently employed by Music Broadcast Limited.

  • What change has been observed in the net worth of Music Broadcast Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Music Broadcast Limited has experienced an downturn of -13.06%.

  • What are the total open charges for Music Broadcast Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Music Broadcast Limited amount to ₹ 166.25 Cr.

  • When was the last Balance Sheet of Music Broadcast Limited filed with the ROC?

    The most recent Balance Sheet for Music Broadcast Limited was filed with the ROC on 31 Mar 2024.

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