Entertainment Network (India) Limited has informed the Exchange that Board of Directors at its meeting held on May 16, 2025, recommended Final Dividend of Rs. 2 per equity share.
ENIL · price
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On the reaction day the stock moved 4.0 pts more than Nifty Microcap 250 and 5.2 pts more than its Media & Entertainment peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The Board of Directors of Entertainment Network (India) Limited (ENIL), the operator of Radio Mirchi, met on May 16, 2025, and approved audited results for Q4 and FY ended March 31, 2025, with an unmodified audit opinion. The Board recommended a final dividend of Rs. 2 per equity share (face value Rs. 10) for FY25, aggregating to Rs. 953.41 lakhs, up from Rs. 1.50 per share (Rs. 715.06 lakhs total) in the previous year — a 33% increase in dividend per share. Standalone revenue from operations grew modestly to Rs. 52,640 lakhs in FY25 from Rs. 51,977 lakhs in FY24, while Q4 revenue rose about 3% YoY to Rs. 15,372 lakhs. However, standalone net profit for FY25 dropped sharply to Rs. 1,181 lakhs from Rs. 2,814 lakhs last year, with EPS falling to Rs. 2.48 from Rs. 5.89, largely due to higher production expenses. The Board also appointed M/s. Hemanshu Kapadia & Associates as Secretarial Auditors for a five-year term from FY26 to FY30, subject to shareholder approval. The final dividend is also subject to shareholder approval at the upcoming AGM.
Higher dividend is a positive for income-focused investors, but the ~58% drop in full-year profit and weak earnings may weigh on the stock. The mixed signals — a bigger payout alongside weaker profits — could lead to a neutral-to-cautious market reaction until the company explains the cost pressures.