---
title: "Reliance Broadcast Network Ltd (RBN) — Share Price, Financials & Analysis"
symbol: "RBN"
company: "Reliance Broadcast Network Ltd"
canonical: "https://tapetide.com/stocks/RBN"
generated_at: "2026-10-13T10:58:21.142Z"
---

# Reliance Broadcast Network Ltd (RBN)

Canonical page: https://tapetide.com/stocks/RBN

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹5
- **F&O Eligible:** No
- **Website:** reliancebroadcast.com

## About

Reliance Broadcast Network operates FM radio broadcasting stations in 58 Indian cities under the brand name BIG FM.

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -4.49% over past five years.
- Earnings include an other income of Rs.51.0 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 2% | — | — |
| revenue growth | -25% | -10% | -4% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 |
| --- | --- | --- | --- | --- |
| Sales | 62 | 58 | 59 | 70 |
| Expenses | 44 | 40 | 45 | 54 |
| Operating Profit | 18 | 18 | 14 | 16 |
| OPM % | 29 | 31 | 24 | 23 |
| Other Income | 0 | 1 | 1 | -30 |
| Interest | 6 | 7 | 7 | 8 |
| Depreciation | 9 | 10 | 9 | 9 |
| Profit before tax | 3 | 2 | -2 | -31 |
| Tax % | 0 | 0 | 0 | 0 |
| Net Profit | 3 | 2 | -2 | -31 |
| EPS in Rs | 0.35 | 0.27 | -0.21 | -3.91 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 6m | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 137 | 295 | 225 | 249 | 290 | 345 | 313 | 298 | 307 | 231 |
| Expenses | 130 | 262 | 183 | 208 | 214 | 246 | 276 | 223 | 228 | 199 |
| Operating Profit | 7 | 33 | 42 | 41 | 76 | 99 | 37 | 75 | 80 | 32 |
| OPM % | 5 | 11 | 19 | 17 | 26 | 29 | 12 | 25 | 26 | 14 |
| Other Income | 4 | 2 | 2 | -96 | 53 | 94 | -495 | -2 | 11 | 51 |
| Interest | 4 | 17 | 30 | 31 | 47 | 120 | 159 | 163 | 165 | 123 |
| Depreciation | 18 | 38 | 38 | 44 | 32 | 28 | 18 | 43 | 35 | 46 |
| Profit before tax | -12 | -20 | -24 | -130 | 51 | 45 | -634 | -132 | -109 | -86 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -12 | -20 | -24 | -130 | 51 | 45 | -634 | -132 | -109 | -86 |
| EPS in Rs | -1.45 | -2.46 | -2.96 | -16.37 | 6.36 | 5.61 | -79.83 | -16.67 | -13.67 | -10.84 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 40 | 640 |
| Reserves | 195 | 176 | 131 | -19 | 7 | 38 | -596 | -729 | -838 | -931 |
| Borrowings | 79 | 169 | 359 | 505 | 698 | 1300 | 1369 | 1192 | 1317 | 696 |
| Other Liabilities | 133 | 133 | 83 | 100 | 124 | 92 | 84 | 87 | 154 | 119 |
| Total Liabilities | 447 | 517 | 613 | 626 | 868 | 1470 | 897 | 589 | 673 | 524 |
| Fixed Assets | 209 | 180 | 150 | 107 | 76 | 289 | 0 | 384 | 352 | 344 |
| CWIP | 3 | 0 | 0 | 0 | 0 | 125 | 0 | 1 | 1 | 0 |
| Investments | 26 | 54 | 56 | 16 | 3 | 3 | 0 | 2 | 1 | 0 |
| Other Assets | 209 | 283 | 407 | 503 | 790 | 1053 | 897 | 203 | 318 | 180 |
| Total Assets | 447 | 517 | 613 | 626 | 868 | 1470 | 897 | 589 | 673 | 524 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | — | — | — | — | — | — | — | — | — | — |
| Cash from Investing Activity | — | — | — | — | — | — | — | — | — | — |
| Cash from Financing Activity | — | — | — | — | — | — | — | — | — | — |
| Net Cash Flow | — | — | — | — | — | — | — | — | — | — |
| Free Cash Flow | — | — | — | — | — | — | — | — | — | — |
| CFO/OP | — | — | — | — | — | — | — | — | — | — |

### Ratios

| Item | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 219 | 93 | 110 | 96 | 113 | 93 | 0 | 122 | 128 | 143 |
| Cash Conversion Cycle | 219 | 93 | 110 | 96 | 113 | 93 | 0 | 122 | 128 | 143 |
| Working Capital Days | -33 | -1 | 126 | 94 | 157 | 99 | 831 | 40 | -16 | 8 |
| ROCE % | -3 | -1 | 1 | 0 | 18 | 15 | 16 | 8 | 11 | 3 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 1 / 6 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 117.43 | Sell |
| EMA (10) | 117.11 | Sell |
| SMA (20) | 120.33 | Sell |
| EMA (20) | 119.15 | Sell |
| SMA (50) | 123.72 | Sell |
| EMA (50) | 122.37 | Sell |
| SMA (100) | 126.18 | Sell |
| EMA (100) | 126.18 | Sell |
| SMA (200) | 133.62 | Sell |
| EMA (200) | 135.45 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 42.62 | Neutral |
| MACD (12,26,9) | -2.37 | Sell |
| Stochastic (14,3,3) | 10.67 | Buy |
| ADX (14) | 17.08 | Neutral |
| Williams %R (14) | -76.26 | Neutral |
| ATR (14) | 3.57 | High Volatility |
| ROC (12) | -7.69 | Sell |
| Stoch RSI (14) | 39.99 | Neutral |
| UO (7,14,28) | 38.81 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| 2013 | [Annual Report 2013](https://archives.nseindia.com/annual_reports/AR_2206_RBN_2012_2013_03102013134005.zip) |
| Mar 2012 | [Annual Report 2012](https://www.bseindia.com/bseplus/AnnualReport/533143/5331430312.pdf) |
| Mar 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport/533143/5331430311.pdf) |
| Mar 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/533143/5331430310.pdf) |
| 2010 | [Annual Report 2010](https://archives.nseindia.com/annual_reports/AR_RBN_2009_2010_13042011125012.zip) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2026-05-26 | Credit rating update — CRISIL |
| 2025-09-24 | Credit rating update — Brickwork Ratings |
| 2025-08-22 | Credit rating update — CARE Ratings |
| 2024-07-05 | Credit rating update — Brickwork Ratings |
| 2024-07-01 | Credit rating update — CARE Ratings |
| 2023-07-12 | Credit rating update — CARE Ratings |
| 2023-07-12 | Credit rating update — CARE Ratings |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:58:21.142Z.