About Music Broadcast Limited
Data last updated: 14 July 2026
Music Broadcast Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Jagran Prakashan Limited. It specialises in television and radio broadcasting, a part of the broader media and publishing sector. Incorporated on 04 November 1999, the company has been in operation for over 27 years.
Registered with ROC Mumbai under CIN L64200MH1999PLC137729. Listed on BSE: 540366 and NSE: RADIOCITY.
Capital: an authorised share capital of ₹89.02 Cr and a paid-up capital of ₹69.14 Cr. Formerly known as Music Broadcast Private Limited. It is led by directors including Shailesh Gupta and Rahul Gupta.
Last AGM: 17 September 2025. Financial statements filed for year ended 31 March 2025. Office: 5Th Floor Rna Corporate Park, Mumbai, Maharashtra.
As per NSE-filed standalone financials for FY 2026, the company reported a revenue of ₹174.43 Cr, a decline of 25.61% compared to the previous year. The net worth stands at ₹445.34 Cr (down 10.53% YoY). Total assets are valued at ₹495.92 Cr (down 25.44% YoY).
The company has a workforce of approximately 455 employees as per the latest available data. It operates as a subsidiary of Jagran Prakashan Limited.
The company is associated with 1 brand - Music Broadcast. As per MCA filings, the company has open charges of ₹47.49 Cr and satisfied charges of ₹259.37 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website planetradiocity.com.
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EmailLocked
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Website
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Registered Address5Th Floor Rna Corporate Park Off Western Express Highway Kalanagar Band, Ra (East), Mumbai, Maharashtra, India – 400051
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IndustryMedia and Publishing, Television & Radio Broadcasting
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of Music Broadcast Limited
Music Broadcast Limited has 3 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L64200MH1999PLC137729, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L64200MH1999PLC137729 | Current |
| U64200MH2002PTC137729 | Previous |
| U64200MH1999PLC137729 | Previous |
| U64200MH1999PTC137729 | Previous |
Associated Brands with Music Broadcast Limited
Music Broadcast Limited operates one associated brand: Music Broadcast. These brands represent Music Broadcast Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Radio City FM channels are operated across multiple Indian cities. | planetradiocity.com |
Business Activity of Music Broadcast Limited
Music Broadcast Limited is engaged in the principal business activity of information and communication, with detailed activities including broadcasting and programming activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| J | Information and communication | J4 | Broadcasting and programming activities | Locked |
Business activity turnover details for Music Broadcast Limited
Turnover contribution percentages and historical activity changes require an active report plan.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of Music Broadcast Limited
Music Broadcast Limited is audited by S N Dhawan & Co. LLP (ICAI peer reviewed, certificate valid till 2028-02-29) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| S N Dhawan & Co. LLP (ICAI peer reviewed, certificate valid till 2028-02-29) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Music Broadcast Limited
Music Broadcast Limited is currently managed by 6 directors, with 12 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
|
Shailesh Gupta
Also directs:
Jagran Prakashan Limited, Music Broadcast Limited, Midday Infomedia Limited and 5 more
|
Director | 28 Jan 2019 | 7 Years 6 Months | Current |
|
Rahul Gupta
Also directs:
Music Broadcast Limited, Anikarth Ventures Llp, Jagmini Micro Knit Private Limited and 3 more
|
Director | 10 Jun 2015 | 11 Years 2 Months | Current |
| Madhukar Prabhakar Kamath | Director | 25 May 2017 | 9 Years 2 Months | Current |
| Anita Nayyar | Director | 27 Jan 2020 | 6 Years 6 Months | Current |
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Ravi Sardana
Also directs:
Music Broadcast Limited
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Director | 24 May 2022 | 4 Years 2 Months | Current |
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Divya Rupchand Karani
Also directs:
Jagran Prakashan Limited, Music Broadcast Limited, R.K. Karani Realestate Llp and 4 more
|
Director | 24 Jul 2025 | 1 Years 0 Months | Current |
Financials of Music Broadcast Limited FY 2026 filings available
Music Broadcast Limited reported revenue of ₹174.43 Cr (down 25.61% YoY) for FY 2026.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹174.43 Cr | ₹234.48 Cr | ₹228.54 Cr | ₹198.86 Cr | ₹168.43 Cr | ₹127.59 Cr | ₹247.82 Cr |
| Other Income | ₹26.75 Cr | ₹26.86 Cr | ₹23.08 Cr | ₹19.7 Cr | ₹16.8 Cr | ₹14.92 Cr | ₹16.31 Cr |
| Total Income | ₹201.19 Cr | ₹261.35 Cr | ₹251.62 Cr | ₹218.56 Cr | ₹185.23 Cr | ₹142.52 Cr | ₹264.13 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹60.36 Cr | ₹78.67 Cr | ₹69.42 Cr | ₹60.58 Cr | ₹53.1 Cr | ₹47.41 Cr | ₹55.39 Cr |
| Finance Costs | ₹10.41 Cr | ₹11.59 Cr | ₹9.9 Cr | ₹3.91 Cr | ₹2.64 Cr | ₹3.22 Cr | ₹9.75 Cr |
| Depreciation & Amortisation | ₹27.57 Cr | ₹34.62 Cr | ₹33.43 Cr | ₹32.8 Cr | ₹32.75 Cr | ₹33.23 Cr | ₹34.78 Cr |
| Other Expenses | ₹158.5 Cr | ₹178.1 Cr | ₹125.96 Cr | ₹115.21 Cr | ₹104.31 Cr | ₹91.42 Cr | ₹135.29 Cr |
| Total Expenses | ₹256.84 Cr | ₹302.98 Cr | ₹238.72 Cr | ₹212.5 Cr | ₹192.79 Cr | ₹175.28 Cr | ₹235.21 Cr |
| Profit Before Exceptional Items & Tax | -₹55.65 Cr | -₹41.64 Cr | ₹12.9 Cr | ₹6.06 Cr | -₹7.56 Cr | -₹32.76 Cr | ₹28.92 Cr |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹55.65 Cr | -₹41.64 Cr | ₹12.9 Cr | ₹6.06 Cr | -₹7.56 Cr | -₹32.76 Cr | ₹28.92 Cr |
| Total Tax Expense | -₹2.33 Cr | -₹7.8 Cr | ₹6.06 Cr | ₹2.62 Cr | -₹1.86 Cr | -₹8.57 Cr | ₹71 Lakh |
| Net Profit | -₹53.32 Cr | -₹33.84 Cr | ₹6.84 Cr | ₹3.44 Cr | -₹5.7 Cr | -₹24.19 Cr | ₹28.21 Cr |
| Other Comprehensive Income | ₹93.05 Lakh | -₹11.04 Lakh | ₹9.09 Lakh | ₹28.18 Lakh | -₹47.04 Lakh | ₹2.17 Cr | ₹26 Lakh |
| Total Comprehensive Income | -₹52.39 Cr | -₹33.95 Cr | ₹6.94 Cr | ₹3.72 Cr | -₹6.17 Cr | -₹22.02 Cr | ₹28.47 Cr |
| EBITDA (computed) | -₹17.68 Cr | ₹4.57 Cr | ₹56.23 Cr | ₹42.77 Cr | ₹27.82 Cr | ₹3.7 Cr | ₹73.45 Cr |
| Basic EPS | ₹-1.54 | ₹-0.98 | ₹0.20 | ₹0.10 | ₹-0.16 | ₹-0.70 | ₹0.82 |
| Diluted EPS | ₹-1.54 | ₹-0.98 | ₹0.20 | ₹0.10 | ₹-0.16 | ₹-0.70 | ₹0.82 |
| Metrics | FY 2026 | FY 2025 | FY 2024 |
|---|---|---|---|
| Total Assets | ₹495.92 Cr | ₹665.17 Cr | ₹680.62 Cr |
| Non-current Assets | ₹317.01 Cr | ₹405.99 Cr | - |
| Current Assets | ₹178.91 Cr | ₹259.18 Cr | - |
| Property, Plant & Equipment | ₹49.24 Cr | ₹67.87 Cr | ₹73.71 Cr |
| Inventories | ₹0 | ₹0 | ₹0 |
| Trade Receivables | ₹53.6 Cr | ₹75.79 Cr | - |
| Cash & Equivalents | ₹4.14 Cr | ₹9.1 Cr | ₹9.4 Cr |
| Equity (Net Worth) | ₹445.34 Cr | ₹497.74 Cr | ₹531.68 Cr |
| Equity Share Capital | ₹69.14 Cr | ₹69.14 Cr | ₹69.14 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | - |
| Borrowings (Current) | ₹0 | ₹100.19 Cr | - |
| Total Debt (computed) | ₹0 | ₹100.19 Cr | - |
| Current Liabilities | ₹25.43 Cr | ₹139.77 Cr | - |
| Total Liabilities | ₹50.58 Cr | ₹167.43 Cr | - |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2022 |
|---|---|---|---|---|
| Operating Cash Flow | ₹21.7 Cr | ₹16.61 Cr | ₹27.32 Cr | ₹22.74 Cr |
| Investing Cash Flow | ₹87.62 Cr | -₹9.47 Cr | -₹16.28 Cr | -₹17.61 Cr |
| Financing Cash Flow | -₹114.29 Cr | -₹7.44 Cr | -₹8.06 Cr | -₹7.38 Cr |
| Capital Expenditure | ₹4.98 Cr | ₹12.17 Cr | ₹9.03 Cr | ₹3.21 Cr |
| Free Cash Flow (computed) | ₹16.72 Cr | ₹4.43 Cr | ₹18.28 Cr | ₹19.53 Cr |
| Dividends Paid | ₹90,000 | ₹90,000 | ₹90,000 | ₹0 |
| Net Change in Cash | -₹4.96 Cr | -₹30.23 Lakh | ₹2.97 Cr | -₹2.25 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q2 FY24 | Q1 FY24 | Q4 FY23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹40.79 Cr | ₹46.48 Cr | ₹37.84 Cr | ₹49.32 Cr | ₹54.67 Cr | ₹65.38 Cr | ₹54.83 Cr | ₹59.6 Cr | ₹62.63 Cr | ₹52.44 Cr | ₹53.03 Cr | ₹51.41 Cr |
| Other Income | ₹4.56 Cr | ₹8.34 Cr | ₹6.84 Cr | ₹7.02 Cr | ₹7.01 Cr | ₹6.74 Cr | ₹6.49 Cr | ₹6.62 Cr | ₹5.91 Cr | ₹5.71 Cr | ₹5.65 Cr | ₹5.17 Cr |
| Total Income | ₹45.35 Cr | ₹54.81 Cr | ₹44.68 Cr | ₹56.34 Cr | ₹61.68 Cr | ₹72.13 Cr | ₹61.32 Cr | ₹66.22 Cr | ₹68.54 Cr | ₹58.15 Cr | ₹58.67 Cr | ₹56.58 Cr |
| Cost of Materials Consumed | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Purchases of Stock-in-Trade | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Changes in Inventories | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Employee Benefit Expense | ₹12.48 Cr | ₹13.91 Cr | ₹15.73 Cr | ₹18.25 Cr | ₹19.69 Cr | ₹19.63 Cr | ₹19.99 Cr | ₹19.36 Cr | ₹18.28 Cr | ₹17.26 Cr | ₹16.35 Cr | ₹15.43 Cr |
| Finance Costs | ₹1.24 Cr | ₹3.05 Cr | ₹3.06 Cr | ₹3.06 Cr | ₹3.03 Cr | ₹2.87 Cr | ₹2.86 Cr | ₹2.83 Cr | ₹2.58 Cr | ₹2.47 Cr | ₹2.4 Cr | ₹2.35 Cr |
| Depreciation & Amortisation | ₹6.64 Cr | ₹6.81 Cr | ₹7.05 Cr | ₹7.08 Cr | ₹8.69 Cr | ₹8.77 Cr | ₹8.63 Cr | ₹8.53 Cr | ₹8.5 Cr | ₹8.28 Cr | ₹8.23 Cr | ₹8.17 Cr |
| Other Expenses | ₹75.8 Cr | ₹24.96 Cr | ₹27.61 Cr | ₹30.14 Cr | ₹80.37 Cr | ₹34.92 Cr | ₹31.81 Cr | ₹31 Cr | ₹34.14 Cr | ₹28.81 Cr | ₹29.61 Cr | ₹30.56 Cr |
| Total Expenses | ₹96.15 Cr | ₹48.73 Cr | ₹53.44 Cr | ₹58.52 Cr | ₹111.79 Cr | ₹66.19 Cr | ₹63.29 Cr | ₹61.72 Cr | ₹63.5 Cr | ₹56.82 Cr | ₹56.59 Cr | ₹56.51 Cr |
| Profit Before Exceptional Items & Tax | -₹50.8 Cr | ₹6.09 Cr | -₹8.75 Cr | -₹2.18 Cr | -₹50.11 Cr | ₹5.94 Cr | -₹1.97 Cr | ₹4.5 Cr | ₹5.04 Cr | ₹1.33 Cr | ₹2.08 Cr | ₹6.64 Lakh |
| Exceptional Items | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | -₹50.8 Cr | ₹6.09 Cr | -₹8.75 Cr | -₹2.18 Cr | -₹50.11 Cr | ₹5.94 Cr | -₹1.97 Cr | ₹4.5 Cr | ₹5.04 Cr | ₹1.33 Cr | ₹2.08 Cr | ₹6.64 Lakh |
| Total Tax Expense | -₹2.85 Cr | ₹2.4 Cr | -₹1.88 Cr | -₹56,000 | -₹12.08 Cr | ₹2.34 Cr | ₹2 Lakh | ₹1.93 Cr | ₹2.07 Cr | ₹96.83 Lakh | ₹1.15 Cr | ₹83.4 Lakh |
| Net Profit | -₹47.96 Cr | ₹3.68 Cr | -₹6.88 Cr | -₹2.17 Cr | -₹38.03 Cr | ₹3.6 Cr | -₹1.99 Cr | ₹2.58 Cr | ₹2.97 Cr | ₹36.62 Lakh | ₹93.62 Lakh | -₹76.76 Lakh |
| Other Comprehensive Income | -₹13.67 Lakh | ₹42.07 Lakh | ₹64.65 Lakh | ₹0 | -₹5.81 Lakh | ₹1.69 Lakh | -₹6.92 Lakh | ₹0 | ₹13.14 Lakh | -₹3.73 Lakh | ₹0 | ₹6.64 Lakh |
| Total Comprehensive Income | -₹48.09 Cr | ₹4.1 Cr | -₹6.23 Cr | -₹2.17 Cr | -₹38.08 Cr | ₹3.62 Cr | -₹2.06 Cr | ₹2.58 Cr | ₹3.1 Cr | ₹32.89 Lakh | ₹93.62 Lakh | -₹70.12 Lakh |
| EBITDA (computed) | -₹42.93 Cr | ₹15.95 Cr | ₹1.35 Cr | ₹7.96 Cr | -₹38.38 Cr | ₹17.58 Cr | ₹9.52 Cr | ₹15.86 Cr | ₹16.12 Cr | ₹12.09 Cr | ₹12.72 Cr | ₹10.59 Cr |
| Basic EPS | ₹-1.39 | ₹0.11 | ₹-0.20 | ₹-0.06 | ₹-1.10 | ₹0.10 | ₹-0.06 | ₹0.07 | ₹0.09 | ₹0.01 | ₹0.00 | ₹-0.02 |
| Diluted EPS | ₹-1.39 | ₹0.11 | ₹-0.20 | ₹-0.06 | ₹-1.10 | ₹0.10 | ₹-0.06 | ₹0.07 | ₹0.09 | ₹0.01 | ₹0.00 | ₹-0.02 |
Shareholding Pattern of Music Broadcast Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 74.05%, foreign institutional investors hold 0.00%, domestic institutional investors hold 3.75%, retail and other public shareholders hold 22.20% of Music Broadcast Limited. The company had 48,980 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 74.05% | 74.05% | 74.05% | 74.05% | 74.05% | 74.05% |
| Public | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 74.05% | 74.05% | 74.05% | 74.05% | 74.05% | 74.05% | 74.02% | 73.65% | 71.40% | 71.40% |
| Public | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.95% | 25.98% | 26.35% | 28.60% | 28.60% |
| Promoter change (YoY, %pts) | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.03 | +0.37 | +2.25 | +0.00 | - |
Board & Governance of Music Broadcast Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Music Broadcast Limited has 7 directors - 5 independent and 0 executive. The board is chaired by Madhukar Kamath.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Madhukar Kamath | Non-Executive - Independent Director · Chairperson | 2017-05-25 | 1 |
| Anuj Puri | Non-Executive - Independent Director | 2016-05-30 | 2 |
| Anita Nayyar | Non-Executive - Independent Director | 2020-01-27 | 2 |
| Ravi Sardana | Non-Executive - Independent Director | 2022-05-24 | 1 |
| Divya Karani | Non-Executive - Independent Director | 2025-07-24 | 3 |
| Shailesh Gupta | Non-Executive - Non Independent Director | 2019-01-28 | 2 |
| Rahul Gupta | Non-Executive - Non Independent Director | 2015-06-10 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Ravi Sardana (Chairperson), Anuj Puri, Madhukar Kamath, Shailesh Gupta |
| Nomination and remuneration committee | Anuj Puri (Chairperson), Ravi Sardana, Anita Nayyar, Shailesh Gupta |
| Stakeholders Relationship Committee | Madhukar Kamath (Chairperson), Rahul Gupta, Shailesh Gupta |
| Risk Management Committee | Shailesh Gupta (Chairperson), Anita Nayyar, Divya Karani, Abraham Thomas |
| Corporate Social Responsibility Committee | Shailesh Gupta (Chairperson), Anuj Puri, Rahul Gupta |
Charges & Borrowings of Music Broadcast Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jan 2021 | Axis Bank Limited | ₹1 Cr | Open |
| 13 Oct 2020 | Others | ₹2.29 Cr | Open |
| 11 Jun 2019 | Hdfc Bank Limited | ₹23.2 Cr | Open |
| 04 Jan 2017 | Hdfc Bank Limited | ₹2 Cr | Open |
| 29 Sep 2015 | Hdfc Bank Limited | ₹19 Cr | Open |
Total charge records: 17 View all charges
Employees and EPFO Compliance at Music Broadcast Limited
Music Broadcast Limited has a workforce of 455 employees as of Apr 10, 2024.
Employee and EPFO history for Music Broadcast Limited
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GST Compliance of Music Broadcast Limited
GST registrations and filing compliance for Music Broadcast Limited
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Credit Ratings, Litigation & Regulatory Alerts for Music Broadcast Limited
Credit ratings, litigation, and regulatory alerts for Music Broadcast Limited
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MSME Payment Delays by Music Broadcast Limited
MSME payment history for Music Broadcast Limited
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Subsidiaries & Group Companies of Music Broadcast Limited
Corporate group structure for Music Broadcast Limited
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MCA Filings & Documents of Music Broadcast Limited
MCA filings and documents for Music Broadcast Limited
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Recent Activity on Music Broadcast Limited
Recent News on Music Broadcast Limited
Frequently Asked Questions about Music Broadcast Limited
Music Broadcast Limited is an active public limited company in the media and publishing sector based in Mumbai, Maharashtra, India. It was incorporated on 04 November 1999 (27+ years old) and is registered under CIN L64200MH1999PLC137729. Listed on BSE: 540366 and NSE: RADIOCITY. The company has 455 employees.
Music Broadcast Limited reported revenue of ₹174.43 Cr for FY 2026 (down 25.61% YoY) based on standalone NSE filings.
The current directors of Music Broadcast Limited are:
- Shailesh Gupta - Director
- Rahul Gupta - Director
- Madhukar Prabhakar Kamath - Director
- Anita Nayyar - Director
- Ravi Sardana - Director
- Divya Rupchand Karani - Director
The primary industry of Music Broadcast Limited is media and publishing. The company specifically operates in television and radio broadcasting. The company is currently active in this sector.
Yes. Music Broadcast Limited is listed on both BSE (code: 540366) and NSE (symbol: RADIOCITY).
Music Broadcast Limited can be reached at the registered office: 5Th Floor Rna Corporate Park Off Western Express Highway Kalanagar Band, Ra East, Mumbai, Maharashtra, India – 400051, or through the website planetradiocity.com.