About Reliance Broadcast Network Limited
Reliance Broadcast Network Limited was incorporated on 27 December 2005. It is classified as a Non-government Company and is registered at the Registrar of Companies, Mumbai. Reliance Broadcast Network Limited (RBNL) is a subsidiary of the Indian Reliance Anil Dhirubhai Ambani Group. Reliance Broadcast Network Limited owns BIG FM, India's largest radio network with 58 stations, reaches out to 1200+ towns and 50,000+ villages and over 45 crore Indians across the country. BIG FM was started in 2006 and its aim is not only to entertain the listeners with the power of radio but also to influence their lives positively.
The tag line of ‘Dhun Badal Ke Toh Dekho’ reflects the philosophy that ‘Changing the world for the better starts with changing your thoughts. With its positioning, BIG FM is playing a meaningful and compelling role in the lives of consumers. It is not just about entertainment but a brand that has a purpose. BIG FM reflects the brand ideology of standing out by creating effective and unique ideas.
BIG FM's relentless journey towards evolving into a holistic audio entertainment company has seen it create various touch-points for its audiences, connecting with them through initiatives and campaigns that they best relate to. Its unique content and continuous efforts to engage, inform and entertain listeners across cities based on local insights and extensive research has paved the path of success for the radio network.
The company plays the role of a ‘thought inspirer’ and an agent of positive change in society with its extensive reach, hyper-local content, and credible RJs. The company’s mission is to stimulate listeners to navigate through the disruption around them, encourage audiences to realize their potential and connect profitable consumers to advertisers.
December 27, 2005
Category/Sub-category of the Company
Public Company/ Limited by Shares
Address of the Registered office and contact details
Unit No 503, 5th Floor, ARC Plaza Industrial Estate, 48 Oshiwara Village, Jogeshwari (West), Mumbai 400 102, Maharashtra, India
Tel.: +91 22 2632 8397
Name, Address and Contact Details of
Registrar and Transfer Agent, if any
Kfin Technologies Private Limited
Reliance Broadcast Network Limited
Selenium, Tower B, Plot No- 31 & 32, Financial District,
Nanakramguda, Serilingampally, Rangareddi,
Hyderabad - 500032, Telangana, India
Tel.: +91 40 6716 1500
PRINCIPAL BUSINESS ACTIVITIES OF THE COMPANY
Name and Description of main products/services
NIC Code of the product/service
% to total turnover of the Company
BOARD OF DIRECTORS
Mr. Darius Kakalia (Director)
Mr. Sushilkumar Agrawal (Director)
Mrs. Kala Agarwal (Director)
PARTICULARS OF SUBSIDIARY AND ASSOCIATE COMPANIES
Name of the Company
% of shares held
Reliance Entertainment Networks Private Limited
(formerly known as Reliance Land Private Limited)
RELIANCE BROADCAST NETWORK LIMITED UNLISTED SHARE DETAILS
Total Available Shares:
Rs. 5 Per Equity Share
Last Traded Price
Rs. 1279.5 Crore
(As of 31-03-2020)
Number of shares
% of total Shares of the company
Reliance Entertainment Networks Private Limited
Reliance Capital Limited
The Indian media and entertainment (M&E) sector worth Rs. 1.38 trillion in 2020 and is estimated at Rs. 1.79 trillion in 2021, according to an EY report. Further, it is projected that it will grow to Rs. 2.23 trillion by 2023, due to acceleration of digital adoption among users across geographies.
In FY 2020, the market size of the Indian broadcaster industry was over 420 billion INR on the basis of total revenues. This was estimated to reach over 720 billion INR by FY 2024, showing a compounded annual growth rate of over 14% compared to FY 2019.
Radio as a medium registered a 23% rise in listenership in 2020 with people tuning in from home during the lockdown and post that, in terms of advertising revenue, it continued to bleed. However, it seems to have changed now as the industry claims that it not only has posted a growth in listenership, even brands have made a comeback. “The growth in listenership is driven by growth in weekends, afternoon and night-time listening besides prime-time. Moreover, car listenership is back to pre-covid levels,” Abraham Thomas, CEO, Reliance Broadcast Network Limited said. In January 2021, the medium registered 4.6% growth in listenership when compared to December 2020, according to RAM (Radio Audience Measurement).
PROFIT & LOSS STATEMENT OF RELIANCE BROADCAST NETWORK LIMITED (In Rs. Lakhs)
Revenue from Operations
Profit Before Tax
Profit After Tax (PAT)
BALANCE SHEET OF RELIANCE BROADCAST NETWORK LIMITED (In Rs. Lakhs)
NON CURRENT ASSETS
Property, Plant & Equipment
Long-term loans and advances
Other non-current assets
TOTAL NON CURRENT ASSETS
Short-term loans and advances
Cash and cash equivalent
Other current assets
TOTAL CURRENT ASSETS
EQUITY AND LIABILITIES
Equity Share Capital
Reserves and surplus
NON CURRENT LIABILITIES
Other non-current liabilities
TOTAL NON CURRENT LIABILITIES
Other current liabilities
TOTAL CURRENT LIABILITIES
TOTAL EQUITY AND LIABILITIES
Dividend (final + interim) (In Rs.)
PERFORMANCE OF THE COMPANY
Revenue from Operations decreased by 25% from Rs. 30,743.36 lakhs in FY 2019 to Rs. 23,055.08 lakhs in FY 2020.
EBITDA of the company decreased by 33.96% from Rs. 8,080.50 lakhs in FY 2019 to Rs.5,336.06 lakhs in FY 2020. EBITDA margins of the company decreased from 25.69% in FY 2019 to 22.55% in FY 2020.
Net loss of the company decreased by 20.74% i.e. from Rs. 10,862.50 lakhs in FY 2019 to Rs. 8,610.13 lakhs in FY 2020.
The Current Ratio of the company as of 31st March 2020 was 0.19.
Total borrowings of the company decreased from Rs. 91,068.95 lakhs as of 31st March 2019 to Rs. 34,238.75 lakhs as of 31st March 2020. The debt to Equity ratio of the company as of 31st March 2020 was -1.17.
Book value per share of the company as of 31st March 2020 stood at Rs. -2.27.
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