Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Average profitability - not good, not bad

Profitability

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Entertainment Network (India) consolidated net profit declines 29.39% in the December 2022 quarter

Entertainment Network (India) standalone net profit declines 47.04% in the December 2022 quarter

Japanese advertising major Hakuhodo has acquired a 51% stake in Indian brand and entertainment agency group Marching Ants & Trigger Happy Entertainment Network (MA&TH). The financial details of the deal were not disclosed.

Japan’s advertising Co Hakuhodo picks up 51% in MA&TH

This is ENIL’s first external investment, and with this move, the company has signalled its interest in strategic investments to build shareholder value in the long term. Founded in 2020, Spardha is a platform that caters to individuals with specific learning demands and aims to reinvent the music l…

ENIL buys significant minority stake in music platform Spardha

Prabhudas Lilladher recommended hold rating on Entertainment Network (India) with a target price of Rs 189 in its research report dated November 11, 2022.

Hold Entertainment Network (India); target of Rs 189: Prabhudas Lilladher

While Mirchi’s diversification efforts are commendable we await green shoots on delivery front .

ENIL Q2 Results Review - Volumes Recover But Yields Lag: Prabhudas Lilladher

While the radio business recorded a strong 45.7% growth, the solutions business witnessed 57.7% jump compared to the year ago quarter. With continued cost economisation initiatives, the operating cost (excluding digital business and direct variable costs) were lower than Q2FY20, the company said.

Radio Mirchi operator ENIL posts 50% jump in revenues

As part of an experiment, the company has collaborated with Indian Media Entertainment Network (IMEN), which specialises in action films, to reimagine the 90s classic Anil Kapoor-Madhuri Dixit-Hema Malini starrer ’Jamai Raja.

Shemaroo Entertainment, IMEN join hands to remake 90’s hit ‘Jamai Raja’

In this video, find out ENIL's Growth Roadmap. Speaking to ET NOW, Prashant Pandey of Entertainment Network (India) speaks about the company's growth roadmap, business scenario, and ad revenues. He also discussed the challenges faced during COVID and the revenue outlook in the near term. Find more in the video only on ET NOW.
#ETNow #Radiomirchi #prashantpandey

Radio Advertising Doubling YoY | Prashant Pandey, Entertainment Network (India) |ENIL | Radio Mirchi

“We are excited to present our next-in-line marquee celebrity audio web series ‘Aakhiri Rishta’ voiced by the inimitable and feisty Neena Gupta,” said Indira Rangarajan, national content director, Mirchi, ENIL.

Mirchi Plus launches new audio series ‘Aakhiri Rishta’

The “ambitious” project was announced by Banerjee, Head - Content, Disney+ Hotstar & HSM Entertainment Network, Disney Star, earlier this month at the D23 expo in Anaheim, California.

‘Mahabharata’ a large scale, ambitious project for Disney+ Hotstar: Gaurav Banerjee

Entertainment Network (India) is engaged in FM radio broadcasting through its brand Radio Mirchi. The Company's principal revenue stream is advertising. 

Entertainment Network (India) Ltd