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Entertainment Network India Limited (ENIL)

Please refer my post on ENIL as a Dead Companies walking in the thread.

Dead Companies Walking in Indian Context Investor Toolkits

Dead Companies Walking – Entertainment Network (India) Ltd
Entertainment Network India Limited (ENIL) has been on a concerning trajectory of negative profit growth over the past few years. In FY2016, ENIL posted a net profit of ₹109 crores. However, this figure dwindled to ₹11 crores FY2020 and in FY2022, it dropped to a net loss of ₹36 crore. The company’s margin for the corresponding period has decreased from 31% to 16%. To gain a deeper insight into this trend, let’s delve further into the c…

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