Radiowalla targets 25-40% revenue growth in FY27
Radiowalla Network Limited reported a consolidated net profit of ₹13.22 lakh for FY26, a decline from the previous year, impacted by an H2 advertising slowdown. The company expanded its footprint to 12 countries, including UAE and North America, and is integrating AI to improve operational efficiency. Management targets a 25-40% revenue growth in FY27, banking on recovery in ad spends and new revenue streams from international markets.
*this image is generated using AI for illustrative purposes only.
Radiowalla Network Limited reported a consolidated net profit of ₹13.22 lakh for the financial year ended March 31, 2026, compared to ₹69.68 lakh in the previous year. Total consolidated income for FY26 stood at ₹2,100.68 lakh, slightly lower than ₹2,111.53 lakh in FY25. The company described FY26 as a strategic building year focused on expanding its international presence and strengthening partnerships, targeting a revenue growth of 25-40% in FY27.
Financial Performance
On a standalone basis, the company reported a net profit of ₹10.79 lakh for FY26, a decrease from ₹75.87 lakh in the prior year. Revenue from operations stood at ₹2,037.95 lakh, compared to ₹2,049.47 lakh in FY25. For the half-year ended H2 FY26, the company reported a consolidated net loss of ₹26.64 lakh, with total income of ₹1,061.46 lakh. Management attributed the H2 slowdown to a decline in advertising spends due to geopolitical reasons, noting that recovery signs were visible in May 2026.
Consolidated Profit & Loss Statement
| Particulars | H2 FY26 (₹ in Lakhs) | H2 FY25 (₹ in Lakhs) | FY26 (₹ in Lakhs) | FY25 (₹ in Lakhs) |
|---|---|---|---|---|
| Revenue from Operations | 1,031.45 | 1,081.60 | 2,037.95 | 2,049.47 |
| Total Income | 1,061.46 | 1,116.64 | 2,100.68 | 2,111.53 |
| Total Expenses | 1,096.83 | 1,010.63 | 2,078.37 | 1,946.40 |
| Profit Before Tax | (35.36) | 106.01 | 22.31 | 159.50 |
| Net Profit | (26.64) | 0.34 | 13.22 | 69.68 |
Strategic Expansion
During the year, Radiowalla expanded into the UAE and North America through wholly owned subsidiaries. The company also strengthened its presence in Africa through a partnership with Mirchi Media & Communications Limited, Uganda, and launched the dedicated ‘RadioWalla’ channel on AfroMobile, marking entry into a fifth African market. The firm is present in over 33,000 stores and 12 countries. Management noted that while international subsidiaries are set up, revenue flow is expected to commence in FY27, with India remaining the primary revenue contributor for the next 1-2 years.
Operational Highlights
The company is integrating AI into workflows, including music curation and voiceovers, to enhance efficiency. It manages 1,100 digital screens and 15 large LED hoardings across Gujarat and UP, with average utilization at 30%. The firm is empanelled with the DAVP for digital signage and in-store audio, expecting government business from Gujarat PSUs. Gross margins for in-store radio, corporate radio, and advertising are approximately 30%, 40%, and 20% respectively, with a target EBITDA margin of 12-15%.
Historical Stock Returns for Radiowalla Network
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | -5.63% | -20.83% | -55.47% | -57.46% | -77.41% |
What specific revenue milestones are expected from the new UAE and North America subsidiaries in FY27?
How will the company address the volatility in advertising spends if geopolitical tensions persist?
What is the projected timeline for international operations to surpass India as the primary revenue contributor?
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