Music Broadcast Profile
Key Indicators
- Authorised Capital ₹ 89.02 Cr
- Paid Up Capital ₹ 69.14 Cr
- Company Age 25 Year, 3 Months
- Last Filing with ROC 31 Mar 2023
- 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 three 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 2023. 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. Anuj Puri, Vijay Tandon, Shailesh 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
Industry
Who are the key members and board of directors at Music Broadcast?
Executive Team (3)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
Ashit Kukian  | CEO | 12-Sep-2018 | Current |
| Arpita Mehrotra | Company Secretary | 21-Oct-2021 | Current |
| Prashant Domadia | CFO | 23-Nov-2015 | Current |
Board Members (7)
| Name | Designation | Appointment Date | Status |
|---|---|---|---|
| Vijay Tandon | Director | 24-Nov-2016 | Current |
| Rahul Gupta | Director | 10-Jun-2015 | Current |
| Anuj Puri | Director | 30-May-2016 | Current |
| Shailesh Gupta | Director | 28-Jan-2019 | Current |
| Madhukar Kamath | Director | 25-May-2017 | Current |
| Anita Nayyar | Director | 27-Jan-2020 | Current |
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%.
- Key Matrics
- Balance Sheet
- Profit and Loss
- Cash Flow
- Ratios
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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.
Related Corporates (Common Directorship)
The Indian Newspaper Society.Shailesh Gupta is a mutual person
Multiplier Brand Solutions Private LimitedMadhukar Kamath is a mutual person
Media Research Users Council IndiaShailesh Gupta is a mutual person
Jagmini Micro Knit Private LimitedRahul Gupta is a mutual person
Homexchange Private LimitedAnuj Puri is a mutual person
Mmi Online LimitedShailesh Gupta is a mutual person
Charges (Loans)
₹166.25 Cr
₹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
| Date | Lender | Amount | Status |
|---|---|---|---|
| 03 Nov 2022 | Axis Bank Limited | ₹2.51 Cr | Open |
| 15 Jan 2021 | Axis Bank Limited | ₹1.00 Cr | Open |
| 13 Oct 2020 | Others | ₹2.29 Cr | Open |
| 11 Jun 2019 | Hdfc Bank Limited | ₹90.00 Cr | Open |
| 21 Feb 2019 | Hdfc Bank Limited | ₹15.00 Cr | Open |
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.
Deals i
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
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
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.
