Entertainment Network (India) Ltd
Entertainment Network (India) Ltd (ENIL)

Entertainment Network (India) Ltd (ENIL)

₹170.34.09%

Key Stats

₹162.4
Day's Price Range
₹176.85
₹158.85
52-Week Price Range
₹227
1 Month Return-1.39 %
3 Month Return-10.58 %
1 Year Return-10.81 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 355
-23.37
EPS
Rank 419
₹-7.6
BVPS
Rank 91
₹168.25
Dividend Yield
Rank 131
0.69%
ROE
Rank 995
-4.41%
Price To Book Ratio
1.05
Debt To Asset
Rank 418
0.33

Company Information

Entertainment Network India Ltd is one of the leading Entertainment and Media company in India. The company carries out Radio broadcasting across the country under the brand name Radio Mirchi. They are also in the business of event management and outofhome media through the brands 360degree and Times Outofhome Media respectively. Entertainment Network India Ltd was incorporated on June 24 1999. The company was owned by Times Infotainment India Ltd a 100 owned subsidiary of Bennett Coleman and Company Ltd the flagship company of the Times group. In the year 2000 where the government formally announced the auction of 108 FM frequencies across 40 cities the company won the largest number of licenses and Radio Mirchi was born.The company commenced their radio broadcasting in the stations located at Indore and Ahmedabad in the year 2001 Mumbai and Pune in the year 2002 and Delhi Kolkata and Chennai in the year 2003.In October 2005 the company incorporated Times Innovative Media Pvt Ltd as a wholly owned subsidiary company and also transferred the 360 degrees and OOH media businesses from Times Infotainment India Ltd to Times Innovative Media Pvt Ltd. Thus the subsidiary company was engaged in the outofhome media and event management business. In April 2006 the company launched radio broadcasting stations in Bangalore Jaipur and Hyderabad. The name of companys subsidiary Times Innovative Media Pvt Ltd was changed to Times Innovative Media Ltd effective from March 15 2007 consequent upon their conversion to public limited company.In the year 2007 the company commenced their broadcast from the various radio stations located at Patna Panaji Bhopal Vododara Rajkot Kanpur Nasik Varanasi Aurangabad Lucknow Surat Kalhapur Madurai Nagpur Vishakpatnam Coimbatore Mangalore and Vijayawada. Alternate Brand Solutions Ltd was incorporated on October 31 2007 as a wholly owned subsidiary of the company. The subsidiary company is engaged in the business of event management / experiential marketing. The company transferred event management business of Times Innovative Media Ltd to Atlanta Brand Solutions Ltd as a going concern with effect from December 31 2007.In the year 2008 the company commenced their broadcast from the stations namely Raipur Thiruvananthapuram and Jabalpur. With the launch of Jabalpur station the company operationlised all the stations for licenses granted to them under the FM Radio Broadcasting Phase II.
OrganisationEntertainment Network (India) Ltd
HeadquartersMumbai
IndustryEntertainment