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Entertainment Network (India) Ltd Stock Analysis

Small Cap
Evaluated by 679 users | BSE: 532700 | NSE: ENIL |
TV Broadcasting & Software Production
Entertainment Network (India) was incorporated in June 1999. It is one of the leading entertainment and media company and is engaged in radio broadcasting under the brand name ‘Radio Mirchi’.The company has 32 FM radio stations spread across the country and more than 41 million...

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Entertainment Network (India) Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good
Value Creation
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 11.54%13.57%13.86%13%14.36%10.19%4.98%3.06%5%2.14%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 280301338384438509556537620541
Y-o-Y Gr. Rt.-7.7%12.3%13.6%14%16%9.3%-3.4%15.5%-12.9%
Adjusted EPS (Rs.) 8.911.7313.714.7618.918.58.645.619.491.45
Y-o-Y Gr. Rt.-31.8%16.8%7.7%28.1%-2.1%-53.3%-35.1%69.2%-84.7%
Book Value per Share (Rs.) 80.4992.34105.37121.71141.51169.17179.29185.5195.56192.62
Adjusted Net Profit 42.455.965.370.390.188.241.226.745.36.9
Net Op. Cash Flow (Rs. Cr.) 51.411386.210494.810910498120118
Debt to Cash Flow from Ops 000002.31.181.0600
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Entertainment Network (India) Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 7.6%4.3%-0.9%-12.9%
Adjusted EPS -18.3%-40.2%-44.8%-84.7%
Book Value per Share 10.26.42.4-1.5
Share Price -3.8% -26.1% -39.3% 21%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 11.8613.5713.851314.3611.914.963.074.980.75
Operating Profit Margin (%) 30.9224.8826.7230.9631.8930.2122.4321.422.5322.87
Net Profit Margin (%) 15.1518.5519.2918.2920.5417.347.414.987.291.28
Debt to Equity 000000.310.140.1200
Working Capital Days 232238191186202226245215167215
Cash Conversion Cycle 445735228913161421
Entity Percentage Holding
Promoters 71.15%
Institutions 13.77%
Non-Institutions 15.07%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Entertainment Network (India) Ltd and arrived at the following conclusion:

Past 10 year's financial track record indicates that Entertainment Network (India) Ltd is a average quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of Entertainment Network (India) Ltd's performance infers:

Entertainment Network (India) Ltd earnings have declined by -40.2%, whereas share price has depreciated -26.1% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Entertainment Network (India) Ltd share prices over the last 10 years. Here is what we found out:

Entertainment Network (India) Ltd share price has depreciated -4.8% annually over the past ten years.

Entertainment Network (India) was incorporated in June 1999. It is one of the leading entertainment and media company and is engaged in radio broadcasting under the brand name ‘Radio Mirchi’.

The company has 32 FM radio stations spread across the country and more than 41 million listeners across all its stations. It is the only company which has the largest number of licenses.

It has its presence in Mumbai, Delhi, Kolkata, Chennai, Pune, Indore, Ahmedabad Bangalore,

Entertainment Network (India) was incorporated in June 1999. It is one of the leading entertainment and media company and is engaged in radio broadcasting under the brand name ‘Radio Mirchi’.

The company has 32 FM radio stations spread across the country and more than 41 million listeners across all its stations. It is the only company which has the largest number of licenses.

It has its presence in Mumbai, Delhi, Kolkata, Chennai, Pune, Indore, Ahmedabad Bangalore, Hyderabad, Jaipur, Patna and Jalandhar.

ENIL has a 100% owned subsidiary Times Innovative Media ('TIM') that operates under the brand name “Times OOH” and has a wide set of Out of Home media properties across the key Indian cities.

In 2012 -India's largest FM Station Radio Mirchi joined hands with aDubai based Cricket Radio to make it's ICC World Cup programming more interesting.

Awards

The company won a gold medal in Best Activity Generating Brand Loyalty at Promotion Marketing Awards of Asia (PMAA) - 2004.

It won Best Jingle in English-Radio Mirchi at 28th RAPA Awards - Radio and TV Advertising Practitioners Association of India.

It was awarded ITC Kolkata Trophy 2005 Consumer Connect Awards for the promotional campaign “Bappi Da Gyan'.

The company’s '983 - Kismat Khol De' contest won the gold medal for best activity generating brand loyalty at the Promotion Marketing Awards of Asia - 2004.

The company was awarded the FICCI - Frames Excellence Award 2010 for the Most Successful Radio Channel of the Year - Radio Mirchi was the ONLY radio station to receive an award from FICCI.

Radio Mirchi received 8 awards at the 5th India Radio Forum (IRF). This included 4 awards for our RJs out of a total of 7 RJs who were acknowledged.

The company was awarded the Most Popular Radio Channel amongst Youth at the 2nd Global Youth Marketing Forum.

It also received the CMO Council Brand Leadership Award.

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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