ENIL Q4 Review - Beating On Solutions Business: ICICI Securities

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy. ICICI Securities Report.Entertainment Network India Ltd.’s Q4 FY21 print shows painful recovery for radio, but solutions business, via digital solutions, is emerging as a bright spot. The company is now guiding for majority revenue, over 55%, coming from solutions business in the next few years, and digital alone contributing 25% (from 11.5%). It has taken impairment on additional frequencies amounting to Rs 0.9 billion. The company sees higher capital allocation into solutions business, both organic and inorganic opportunities to drive faster growth. It also plans not to restrict presence at producing content, but own subscribers, which is an ambitious transition. . Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint. .Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

ENIL Q4 Review - Beating On Solutions Business: ICICI Securities

ENIL Q4 Review - Beating On Solutions Business: ICICI Securities

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