Music Broadcast Limited (MBL) operates under the iconic brand Radio City. With 39 stations across 12 states, it is a leader in the Indian FM radio industry. Backed by the Jagran Prakashan group, Music Broadcast is leveraging AI technology and Tier-2/3 market dominance to diversify its income streams beyond traditional radio spots.;

CEO/MD

Mr. Abraham Thomas

Founded in

1999

NSE symbol

RADIOCITY

Shareholding Pattern

Mar '25

Jun '25

Sep '25

Dec '25

Mar '26

Promoters
74.05%
Retail And Others
22.20%
Other Domestic Institutions
3.75%

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BSE ? 4 weeks ago

Music Broadcast Ltd reported FY26 revenue at ?20,118.7 lakh, down from ?26,134.6 lakh in FY25, with net profit rising to ?5,332.4 lakh. Board reconstituted NRC, appointing Ms. Divya Karani as Chairperson from May 30, 2026, and approved Ernst & Young LLP as FY27 internal auditor.

BSE ? 1 month ago

Music Broadcast Ltd schedules board meeting on May 21, 2026, to approve audited results. Trading window remains closed till 48 hours post-meeting as per insider trading regulations.

BSE ? 2 months ago

Music Broadcast Ltd received a demand order of Rs. 8.71L for AY 2019-20. The company is evaluating actions and will update on the matter in due course.

BSE ? 3 months ago

Music Broadcast Ltd received a tax demand order of Rs. 24.5L for FY 2010-11. The company plans to appeal the order and expects no material financial impact.

BSE ? 3 months ago

Music Broadcast Ltd received a rectification order reducing a GST demand of Rs. 89.6 lakh to Rs. 0. The rectification order, dated March 19, 2026, imposed no penalty, impacting no financial operations.

BSE ? 4 months ago

Music Broadcast Ltd held a conference call on Feb 4, 2026, discussing Q3 and nine-month FY25 results. The audio recording is available on their website; transcript will be shared later.

ScoutQuest ? 5 months ago

Music Broadcast Ltd held 18% market share in Q3FY26 for radio. Radio industry volume fell 2% YoY; Q3FY26 revenue at Rs 46.5 Cr.

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