*Entertainment Network (India) Ltd.* | *CMP* Rs. 156 | *M Cap* Rs. 744 Cr | *52 W H/L* 359/155 (Nirmal Bang Retail Research) *Result declining* Revenue from Operations came at Rs. 158.9 Cr (39.9% QoQ, -1.1% YoY) vs QoQ Rs. 113.5 Cr, YoY Rs. 160.6 Cr EBIDTA came at Rs. 30.5 Cr (173.6% QoQ, -33.5% YoY) vs QoQ Rs. 11.1 Cr, YoY Rs. 45.8 Cr EBITDA Margin came at 19.2% vs QoQ 9.8%, YoY 28.5% Adj. PAT came at Rs. 9.3 Cr vs QoQ Rs. -4.2 Cr, YoY Rs. 23.9 Cr Quarter EPS is Rs. 1.9 Stock is trading at P/E of 89.8x TTM EPS