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Last Updated on: 24 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Radaan Mediaworks (I) Ltd

About the Company - Radaan Mediaworks (I) Ltd

Radaan Mediaworks (I) Ltd. is a Public Limited Listed company incorporated on 15/09/1999 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L92111TN1999PLC043163 and registration number is 043163. Currently Company is involved in the business activities of Motion picture, video and television programme activities. Company’s Total Operating Revenue is Rs. 9.89 Cr. and Equity Capital is Rs. 10.83 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Entertainment & MediaNo.14 Jayammal Road, Teynampet, Chennai (Madras) Tamil Nadu 600018info@radaan.tv
http://www.radaan.tv
Management
NamePosition Held
Mr. V SelvarajChairman(NonExe.&Ind.Director)
Mrs. R Radikaa SarathkumarManaging Director
Mr. R SarathkumarDirector - Operations
Mr. R RayaneNon Executive Director
Mr. Narayanan Ananthakrishnan IyerInd. Non-Executive Director
Mr. T R Vijay ViswanathInd. Non-Executive Director

Radaan Mediaworks (I) Ltd. Share Price Update

Share PriceValue
Today₹1.86
Previous Day₹1.85

Basic Stock Data of Radaan Mediaworks (I) Ltd

Market Cap 13.0 Cr.
Current Price 2.40
High / Low2.60/1.16
Stock P/E
Book Value 2.60
Dividend Yield0.00 %
ROCE3.37 %
ROE%
Face Value 2.00

Data Source: screener.in

Competitors of Radaan Mediaworks (I) Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Zee Media Corporation Ltd 939 Cr. 15.018.3/7.35 5.290.00 %1.91 %10.6 % 1.00
Pressman Advertising Ltd 626 Cr. 266272/61.0116 20.00.38 %12.2 %9.46 % 2.00
Siti Networks Ltd 78.5 Cr. 0.901.35/0.60 8.900.00 %49.9 %% 1.00
Music Broadcast Ltd 796 Cr. 23.025.4/9.55256 15.20.00 %1.35 %0.46 % 2.00
Saregama India Ltd 7,872 Cr. 408466/28842.1 74.30.93 %17.6 %12.8 % 1.00
Industry Average489.3 Cr142.5882.8224.740.26%16.59%6.66%1.4

Radaan Mediaworks (I) Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales1.624.143.411.341.631.865.071.321.973.235.912.083.33
Expenses3.694.774.711.872.412.216.802.112.513.983.052.344.17
Operating Profit-2.07-0.63-1.30-0.53-0.78-0.35-1.73-0.79-0.54-0.752.86-0.26-0.84
OPM %-127.78%-15.22%-38.12%-39.55%-47.85%-18.82%-34.12%-59.85%-27.41%-23.22%48.39%-12.50%-25.23%
Other Income0.000.000.000.000.001.220.050.000.010.000.000.000.02
Interest0.400.370.400.400.530.520.500.510.580.690.660.710.76
Depreciation0.120.120.120.080.110.050.020.020.020.020.010.020.01
Profit before tax-2.59-1.12-1.82-1.01-1.420.30-2.20-1.32-1.13-1.462.19-0.99-1.59
Tax %-2.70%-6.25%14.29%-0.99%-0.70%0.00%0.91%0.76%0.88%0.68%-0.46%1.01%-0.63%
Net Profit-2.66-1.18-1.56-1.02-1.430.30-2.18-1.32-1.12-1.452.19-0.98-1.60
EPS in Rs-0.49-0.22-0.29-0.19-0.260.06-0.40-0.24-0.21-0.270.40-0.18-0.30

Radaan Mediaworks (I) Ltd Quarterly Chart

Radaan Mediaworks (I) Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales39.9132.2729.7835.5432.4030.8129.1228.0410.169.359.8912.0314.55
Expenses36.3129.8527.4632.6229.6828.2626.7034.2217.0314.7813.2711.2613.54
Operating Profit3.602.422.322.922.722.552.42-6.18-6.87-5.43-3.380.771.01
OPM %9.02%7.50%7.79%8.22%8.40%8.28%8.31%-22.04%-67.62%-58.07%-34.18%6.40%6.94%
Other Income0.220.640.33-0.030.130.150.180.13-0.100.001.280.000.02
Interest0.661.131.131.091.281.091.131.201.251.521.962.432.82
Depreciation1.511.020.620.640.630.510.590.510.560.480.260.070.06
Profit before tax1.650.910.901.160.941.100.88-7.76-8.78-7.43-4.32-1.73-1.85
Tax %-2.42%-15.38%-14.44%1.72%5.32%5.45%13.64%-2.58%-0.46%0.67%-0.23%1.73%
Net Profit1.691.051.031.140.901.040.75-7.97-8.82-7.37-4.33-1.70-1.84
EPS in Rs0.310.190.190.210.170.190.14-1.47-1.63-1.36-0.80-0.31-0.35
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Radaan Mediaworks (I) Ltd Profit & Loss Yearly Chart

Radaan Mediaworks (I) Ltd Growth

Compounded Sales Growth
10 Years:-9%
5 Years:-16%
3 Years:6%
TTM:33%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:22%
TTM:75%
Stock Price CAGR
10 Years:13%
5 Years:-3%
3 Years:47%
1 Year:26%
Return on Equity
10 Years:%
5 Years:%
3 Years:%
Last Year:%

Radaan Mediaworks (I) Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital10.8310.8310.8310.8310.8310.8310.8310.8310.8310.8310.8310.8310.83
Reserves5.106.157.188.189.087.127.84-0.13-8.95-16.32-20.65-22.35-24.92
Borrowings5.436.727.125.997.848.617.2816.1318.0424.1629.3934.0537.35
Other Liabilities8.879.357.917.469.117.667.348.468.8910.387.2311.6014.14
Total Liabilities30.2333.0533.0432.4636.8634.2233.2935.2928.8129.0526.8034.1337.40
Fixed Assets4.083.533.113.122.632.052.311.881.330.880.590.520.52
CWIP0.120.000.000.000.000.840.0011.1612.0714.9916.5117.4817.99
Investments0.750.750.840.840.840.820.820.820.820.820.820.820.82
Other Assets25.2828.7729.0928.5033.3930.5130.1621.4314.5912.368.8815.3118.07
Total Assets30.2333.0533.0432.4636.8634.2233.2935.2928.8129.0526.8034.1337.40

Radaan Mediaworks (I) Ltd Reserves and Borrowings Chart

Radaan Mediaworks (I) Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -1.47-0.073.440.49-0.721.082.511.81-0.33-1.41-1.75-1.48
Cash from Investing Activity -0.41-0.31-0.28-0.92-0.14-0.77-0.06-9.23-0.53-2.95-1.48-0.68
Cash from Financing Activity 1.260.01-0.63-2.220.57-0.32-2.467.650.764.373.142.23
Net Cash Flow-0.62-0.372.53-2.64-0.29-0.01-0.010.23-0.100.00-0.090.07

Radaan Mediaworks (I) Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days66.67107.4583.2285.34101.1672.2782.7366.2670.41103.4574.5531.55
Inventory Days33.87
Days Payable1,373.45
Cash Conversion Cycle66.67107.4583.2285.34101.1672.2782.7366.2670.41-1,236.1474.5531.55
Working Capital Days70.97117.6383.1089.97135.41129.84125.7211.19-105.26-244.76-104.0748.85
ROCE %11.09%9.85%8.27%9.46%8.42%8.06%7.66%-24.90%-31.70%-30.63%-12.34%3.37%

Radaan Mediaworks (I) Ltd Financial Efficiency Indicators Chart

Radaan Mediaworks (I) Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters51.42%51.42%51.42%51.42%51.42%51.42%51.42%51.42%51.42%51.42%51.42%51.42%
FIIs0.28%0.28%0.28%0.28%0.28%0.28%0.28%0.28%0.28%0.28%0.28%0.28%
Public48.30%48.30%48.30%48.30%48.30%48.30%48.30%48.30%48.29%48.30%48.30%48.31%
No. of Shareholders10,76310,82011,34812,17213,55613,91814,39714,76814,51014,39914,20115,353

Radaan Mediaworks (I) Ltd Shareholding Pattern Chart

No. of Radaan Mediaworks (I) Ltd Shareholders

This stock is not held by any mutual fund

Radaan Mediaworks (I) Ltd ROCE Trend

Radaan Mediaworks (I) Ltd EPS Trend

Radaan Mediaworks (I) Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue2.002.002.002.002.00
Basic EPS (Rs.)-0.31-0.80-1.36-1.62-1.47
Diluted EPS (Rs.)-0.31-0.80-1.36-1.62-1.47
Cash EPS (Rs.)-0.29-0.75-1.28-1.52-1.38
Book Value[Excl.RevalReserv]/Share (Rs.)-2.18-1.87-1.070.291.92
Book Value[Incl.RevalReserv]/Share (Rs.)-2.18-1.87-1.070.291.92
Revenue From Operations / Share (Rs.)2.301.831.731.885.18
PBDIT / Share (Rs.)0.14-0.39-1.01-1.28-1.12
PBIT / Share (Rs.)0.13-0.43-1.09-1.39-1.21
PBT / Share (Rs.)-0.31-0.79-1.37-1.62-1.44
Net Profit / Share (Rs.)-0.31-0.80-1.36-1.62-1.47
NP After MI And SOA / Share (Rs.)-0.31-0.80-1.36-1.62-1.47
PBDIT Margin (%)6.27-21.37-58.17-68.04-21.61
PBIT Margin (%)5.70-23.96-63.25-73.56-23.45
PBT Margin (%)-13.82-43.78-79.48-85.85-27.72
Net Profit Margin (%)-13.58-43.88-78.94-86.21-28.44
NP After MI And SOA Margin (%)-13.58-43.88-78.94-86.21-28.44
Return on Networth / Equity (%)0.000.000.00-549.90-76.70
Return on Capital Employeed (%)4.77-20.42-45.67-53.40-30.57
Return On Assets (%)-4.99-16.37-25.67-30.81-21.44
Long Term Debt / Equity (X)-1.94-2.02-3.077.030.72
Total Debt / Equity (X)-2.88-2.90-4.1711.281.53
Asset Turnover Ratio (%)0.410.350.320.300.79
Current Ratio (X)0.500.200.200.330.52
Quick Ratio (X)0.070.150.190.180.37
Interest Coverage Ratio (X)0.32-1.08-3.58-5.54-5.05
Interest Coverage Ratio (Post Tax) (X)0.30-1.21-3.86-6.02-5.65
Enterprise Value (Cr.)45.1739.3928.0424.6930.98
EV / Net Operating Revenue (X)3.633.983.002.421.11
EV / EBITDA (X)57.88-18.63-5.15-3.56-5.11
MarketCap / Net Operating Revenue (X)0.911.020.430.670.55
Price / BV (X)-0.95-0.99-0.714.301.48
Price / Net Operating Revenue (X)0.911.020.430.670.55
EarningsYield-0.14-0.42-1.79-1.28-0.51

Radaan Mediaworks (I) Ltd Profitability Ratios (%)

Radaan Mediaworks (I) Ltd Liquidity Ratios

Radaan Mediaworks (I) Ltd Liquidity Ratios (%)

Radaan Mediaworks (I) Ltd Interest Coverage Ratios (X)

Radaan Mediaworks (I) Ltd Valuation Ratios

Fair Value / Intrinsic Value of Radaan Mediaworks (I) Ltd

Fair Value: ₹5.97

The stock is undervalued by 148.63% compared to the current price ₹2.4

*Investments are subject to market risks

Strength and Weakness of Radaan Mediaworks (I) Ltd

StrengthWeakness
  1. The stock has a low average Working Capital Days of 29.88, which is a positive sign.
  1. The stock is trading at a high valuation with an average P/B ratio of -0.80 and average Dividend Yield of -35.70%.
  2. The stock has a low average ROCE of -2.78%, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 70.05, which may not be favorable.
  4. The company has higher borrowings (16.01) compared to reserves (-3.28), which may suggest financial risk.
  5. The company has not shown consistent growth in sales (24.14) and profit (-1.87).

Should I Buy Radaan Mediaworks (I) Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Radaan Mediaworks (I) Ltd:
    1. Net Profit Margin: -13.58%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 4.77% (Industry Average ROCE: 18.31%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. Interest Coverage Ratio (Post Tax): 0.30
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    4. Quick Ratio: 0.07
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    5. ✓ Stock P/E of N/A (Industry average Stock P/E: 14.8)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    6. ✓ Total Debt / Equity: -2.88
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Radaan Mediaworks (I) Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE