Radiowalla Network Ltd
Incorporated in July 2010, Radiowalla Network Ltd is a premicr provider of in-store radio and Digital Out-of-Home (DOOH) advertising solutions[1]
- Market Cap ₹ 15.6 Cr.
- Current Price ₹ 22.1
- High / Low ₹ 65.0 / 20.9
- Stock P/E 142
- Book Value ₹ 29.2
- Dividend Yield 0.00 %
- ROCE 2.01 %
- ROE 0.55 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.76 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 6.47% over last 3 years.
- Earnings include an other income of Rs.0.65 Cr.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Consumer Discretionary Media, Entertainment & Publication Entertainment Media & Entertainment
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 5.77 | 10.49 | 13.98 | 15.27 | 20.49 | 20.31 | |
| Sales growth | +81.80% | +33.27% | +9.23% | +34.18% | -0.88% | |
| 5.49 | 9.77 | 12.45 | 13.28 | 18.76 | 19.64 | |
| Operating Profit | 0.28 | 0.72 | 1.53 | 1.99 | 1.73 | 0.67 |
| OPM % | 4.85% | 6.86% | 10.94% | 13.03% | 8.44% | 3.30% |
| 0.04 | 0.00 | 0.03 | 0.07 | 0.59 | 0.65 | |
| Interest | 0.18 | 0.15 | 0.16 | 0.12 | 0.19 | 0.23 |
| Depreciation | 0.11 | 0.13 | 0.27 | 0.43 | 0.47 | 0.89 |
| Profit before tax | 0.03 | 0.44 | 1.13 | 1.51 | 1.66 | 0.20 |
| Tax % | -266.67% | -6.82% | 5.31% | -4.64% | 53.61% | 45.00% |
| 0.11 | 0.46 | 1.07 | 1.59 | 0.76 | 0.11 | |
| EPS in Rs | 0.24 | 1.00 | 2.33 | 3.07 | 1.08 | 0.16 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 13% |
| TTM: | -1% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 0% |
| 3 Years: | -53% |
| TTM: | -86% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -64% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 6% |
| Last Year: | 1% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | Sep 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.42 | 0.42 | 0.42 | 5.17 | 7.05 | 7.05 | 7.05 |
| Reserves | 0.12 | 0.58 | 3.62 | 1.50 | 12.74 | 13.30 | 13.51 |
| 1.15 | 0.99 | 1.05 | 0.96 | 1.34 | 1.20 | 2.63 | |
| 4.25 | 4.00 | 3.78 | 2.26 | 3.50 | 2.44 | 4.30 | |
| Total Liabilities | 5.94 | 5.99 | 8.87 | 9.89 | 24.63 | 23.99 | 27.49 |
| 1.70 | 1.64 | 2.44 | 2.83 | 6.99 | 7.52 | 7.88 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.16 | 0.16 | 0.16 | 0.16 | 0.16 | 0.80 | 0.80 |
| 4.08 | 4.19 | 6.27 | 6.90 | 17.48 | 15.67 | 18.81 | |
| Total Assets | 5.94 | 5.99 | 8.87 | 9.89 | 24.63 | 23.99 | 27.49 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| 0.39 | 0.11 | 1.11 | 0.73 | 1.34 | -1.05 | |
| 0.01 | -0.08 | -1.03 | -0.76 | -3.43 | -2.49 | |
| -0.19 | -0.30 | -0.08 | 0.78 | 11.92 | -0.28 | |
| Net Cash Flow | 0.21 | -0.27 | 0.00 | 0.75 | 9.84 | -3.82 |
| Free Cash Flow | 0.35 | 0.03 | 0.05 | -0.10 | -2.73 | -2.46 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 139% | 15% | 73% | 37% | 77% | -157% |
Ratios
Standalone / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|
| Debtor Days | 167.00 | 89.08 | 116.71 | 88.68 | 72.32 | 89.50 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 167.00 | 89.08 | 116.71 | 88.68 | 72.32 | 89.50 |
| Working Capital Days | -80.34 | -11.83 | 52.48 | 77.45 | 57.00 | 102.62 |
| ROCE % | 32.07% | 36.44% | 25.63% | 13.28% | 2.01% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Brands serviced brands |
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| Client count clients |
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| Stores connected stores |
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| Cities/towns serviced in India cities |
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| Unique playlists delivered daily playlists |
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| Countries of presence countries |
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| Digital hoardings (DOOH) hoardings |
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| Digital screens under CMS screens |
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| Music library size tracks |
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Extracted by Screener AI
Documents
Announcements
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General Updates
- Promoter-director Anil Srivatsa bought 3,200 shares for ₹68,000 on 09 November 2026.
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Analysts/Institutional Investor Meet/Con. Call Updates
- Audio recording of H1 FY27 earnings conference call uploaded on company website.
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General Updates
- Promoter Harvinderjit Singh Bhatia bought 3,200 shares and CEO Harpreet Singh bought 1,600 shares on 9 Nov 2026.
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General Updates
- Promoters Harvinderjit Singh Bhatia and Anil Srivatsa bought 6,400 and 1,600 shares on 6 November 2026.
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General Updates
- Promoter-director bought 6,400 shares worth ₹1.40 lakh on 5 November 2026.
Annual reports
-
Annual Report 2026
from nse
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Annual Report 2025
from nse
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Annual Report 2024
from nse
Concalls
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Nov 2026PPT REC
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Nov 2026PPT
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May 2026Transcript PPT
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May 2026PPT
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Nov 2025Transcript PPT
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Sep 2025PPT
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Sep 2025PPT
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May 2025Transcript PPT
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Apr 2025Transcript
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May 2024Transcript
Business Overview:[1]
RNL is an in-store radio company. It has collaboration with 500+ retailers across 10 countries with 1 Billion Listener and 100+ Advt Campaigns