ENILNSEEntertainment Network (India) Limited· Media & EntertainmentMediumNeutral
Announced Thu, 21 May · 23:16 IST

Entertainment Network (India) Limited has informed the Exchange about Transcript

Mgmt Guided Margin ImprovementInvestor Communications View source PDF

ENIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

ENIL reported FY26 consolidated revenues of INR565 crores (3.9% YoY growth), with digital business emerging as a key growth driver delivering INR112.4 crores (84% growth), now contributing 48% of radio revenues. EBITDA excluding digital stood at INR76 crores (18% margin), with PAT of INR22 crores including a one-time tax benefit of INR17.2 crores. The company maintained strong cash reserves of INR424 crores and recommended a dividend of INR2 per share. Management guided that Gaana digital business is expected to break even in FY27, with subscriber growth of 15% CAGR and pricing raised from INR499 to INR799 annual pack. The radio segment faced challenges due to macroeconomic and geopolitical headwinds, maintaining volume market share at 25.2%.

Likely market impact

The strong digital growth (84% YoY) partially offsets weakness in traditional radio and events businesses, with management guiding Gaana breakeven in FY27 signaling improving profitability ahead. The INR113 crores income tax notice creates some uncertainty but management expressed confidence in legal resolution.