Radiowalla Network Limited
NNSE:RADIOWALLA25.10
INR
-0.35
(-1.38%)
ISIN
INE430U01019
Return %
Stock
S&P 500
1Y
-60.16
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
INR
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in mil. unless spec.Working Capital
INR
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in mil. unless spec.Growth Rates
INR
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in mil. unless spec.Semi-annual Revenue
INR
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in mil. unless spec.Semi-annual Earnings Per Share
INR
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in mil. unless spec.Semi-annual Dividends Per Share
INR
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in mil. unless spec.Company Description
- CEO
- Harvinderjit Singh Bhatia
- Full Time Employees
- 26
- Sector
- Technology services
- Industry
- Packaged software
- Address
- #16/A, Maratha Bhawan, Basement Floor, Miller Tank Bund Road, Vasanth Nagar, H.K.P. Road Bangalore KA India 560051
- IPO Date
- Apr 5, 2024
- Website
- radiowalla.in
- Similar Companies
- Business
- Radiowalla Network Ltd. is an India-based B2B media technology company that provides customized customer engagement solutions, including in-store radio services on a subscription model, corporate radio for employee engagement, digital signage solutions, digital out-of-home (DOOH) advertising, audio advertising, point-of-purchase advertising, content management services, and programmatic audio solutions. The company operates a network of over 30,000 stores across more than 1 billion footfalls, servicing 600+ brands in categories such as apparel, food and beverage, grocery, footwear, automobiles, jewelry, and wellness; it generates 20,000+ unique daily playlists from a music database exceeding 100,000 tracks. Founded in 2010 and headquartered in Bengaluru, Karnataka, Radiowalla maintains offices in Mumbai, Delhi, and Dubai, with geographic operations spanning India, the Middle East, Africa, Mexico, the United States, UAE, Sri Lanka, Singapore, Southeast Asia, and a recent pilot in Brazil. In recent developments, the company went public via an SME IPO on the NSE in April 2024, raising funds for working capital and issue expenses; it reported a 35% year-over-year total income growth to Rs 99.5 million in H1 FY2025 (April-September 2024), driven by 47% growth in in-store radio revenue, 119% surge in advertisement revenue, and onboarding of 80 new brands across 1,300+ stores plus 2000+ additional stores. Radiowalla expanded its DOOH network with new screens in Gujarat locations including Surat, Morbi, Ankaleshwar, Gandhinagar, Deesa, Navsari, Dahod, and Halol; secured CBC empanelment for 12 Gujarat and 2 Lucknow DOOH screens to enable government ad campaigns in September 2025; onboarded major digital signage clients such as Max Fashions (220 screens) and Bangalore International Airport (120 screens) with a pipeline of 340+ screens under installation and 1000+ for H2; and partnered with AdsWizz for programmatic audio solutions at scale across Southeast Asia. Further innovations include pilots for AI-generated music and playlisting, higher bitrate music for premium outlets, programmatic advertising, and sales team augmentation, alongside a 103% revenue surge in H2 FY25 and steady Q2 FY26 results focused on AI-driven ad personalization and global expansion.