JMD Ventures Ltd
Incorporated in 2000, JMD Ventures Limited is in the business of Media & Entertainment, and Equity Investment.[1]
- Market Cap ₹ 16.6 Cr.
- Current Price ₹ 5.76
- High / Low ₹ 20.6 / 5.60
- Stock P/E 21.9
- Book Value ₹ 13.3
- Dividend Yield 0.00 %
- ROCE 4.19 %
- ROE 3.18 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is trading at 0.43 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 19.9%
- Company has a low return on equity of 5.39% over last 3 years.
- Contingent liabilities of Rs.11.0 Cr.
- Earnings include an other income of Rs.1.45 Cr.
- Company has high debtors of 370 days.
- Working capital days have increased from 2,802 days to 4,350 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
382.99 | 503.18 | 218.63 | 61.22 | 38.39 | 0.21 | 1.47 | 3.80 | 1.74 | 4.91 | 6.95 | 2.92 | 0.51 | |
381.33 | 501.24 | 218.05 | 61.07 | 39.69 | 0.83 | 2.01 | 5.96 | 1.90 | 2.67 | 3.92 | 1.30 | 0.73 | |
Operating Profit | 1.66 | 1.94 | 0.58 | 0.15 | -1.30 | -0.62 | -0.54 | -2.16 | -0.16 | 2.24 | 3.03 | 1.62 | -0.22 |
OPM % | 0.43% | 0.39% | 0.27% | 0.25% | -3.39% | -295.24% | -36.73% | -56.84% | -9.20% | 45.62% | 43.60% | 55.48% | -43.14% |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.45 | -1.12 | 0.38 | 0.78 | 0.01 | 0.17 | 1.45 | |
Interest | 0.00 | 0.01 | 0.00 | 0.01 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
Depreciation | 0.63 | 0.44 | 0.29 | 0.30 | 0.20 | 0.16 | 0.12 | 0.09 | 0.06 | 0.04 | 0.04 | 0.04 | 0.04 |
Profit before tax | 1.03 | 1.49 | 0.29 | -0.16 | -1.52 | -0.78 | -0.21 | -3.37 | 0.16 | 2.98 | 3.00 | 1.74 | 1.19 |
Tax % | 33.98% | 43.62% | 48.28% | -25.00% | -1.97% | -2.56% | -14.29% | 0.00% | 6.25% | 16.11% | 30.00% | 23.56% | |
0.68 | 0.84 | 0.15 | -0.11 | -1.48 | -0.76 | -0.19 | -3.37 | 0.14 | 2.50 | 2.09 | 1.33 | 0.90 | |
EPS in Rs | 0.24 | 0.29 | 0.05 | -0.04 | -0.51 | -0.26 | -0.07 | -1.17 | 0.05 | 0.87 | 0.72 | 0.46 | 0.32 |
Dividend Payout % | 53.01% | 85.89% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | -40% |
5 Years: | 15% |
3 Years: | 19% |
TTM: | -93% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | 53% |
3 Years: | 93% |
TTM: | -55% |
Stock Price CAGR | |
---|---|
10 Years: | -7% |
5 Years: | % |
3 Years: | -6% |
1 Year: | -69% |
Return on Equity | |
---|---|
10 Years: | 0% |
5 Years: | 2% |
3 Years: | 5% |
Last Year: | 3% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 7.21 | 14.43 | 14.43 | 14.43 | 14.43 | 14.43 | 14.43 | 14.43 | 14.43 | 28.86 | 28.86 | 28.86 |
Reserves | 29.92 | 23.13 | 23.77 | 23.66 | 22.17 | 21.41 | 21.23 | 17.86 | 18.00 | 6.07 | 8.16 | 9.49 |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
136.92 | 144.84 | 133.76 | 36.04 | 0.82 | 1.47 | 1.55 | 2.44 | 2.64 | 2.25 | 1.89 | 2.29 | |
Total Liabilities | 174.05 | 182.40 | 171.96 | 74.13 | 37.42 | 37.31 | 37.21 | 34.73 | 35.07 | 37.18 | 38.91 | 40.64 |
4.46 | 4.02 | 4.04 | 3.75 | 3.55 | 3.48 | 3.35 | 3.25 | 3.19 | 3.15 | 3.28 | 3.24 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 11.14 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.89 | 0.40 | 0.00 | 0.00 | 0.00 |
158.45 | 178.38 | 167.92 | 70.38 | 33.87 | 33.83 | 33.86 | 30.59 | 31.48 | 34.03 | 35.63 | 37.40 | |
Total Assets | 174.05 | 182.40 | 171.96 | 74.13 | 37.42 | 37.31 | 37.21 | 34.73 | 35.07 | 37.18 | 38.91 | 40.64 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.30 | -10.99 | -1.82 | 0.33 | 0.03 | -0.10 | 0.03 | -0.17 | -0.02 | 0.54 | -0.14 | 0.01 | |
3.91 | 10.29 | -0.31 | -0.06 | 0.00 | -0.07 | 0.00 | 0.01 | 0.00 | -0.04 | -0.12 | 0.01 | |
-0.86 | -0.81 | -0.28 | -0.06 | 0.01 | 0.00 | 0.00 | 0.00 | 0.00 | -0.28 | 0.00 | -0.01 | |
Net Cash Flow | 3.35 | -1.50 | -2.42 | 0.21 | 0.04 | -0.17 | 0.03 | -0.15 | -0.02 | 0.22 | -0.27 | 0.00 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 118.34 | 79.56 | 178.59 | 110.30 | 16.26 | 3,858.57 | 538.81 | 526.37 | 1,384.48 | 698.78 | 454.81 | 370.00 |
Inventory Days | 3.02 | 27.46 | 56.79 | 182.65 | 106.75 | 17,130.67 | 2,882.16 | 399.64 | 1,391.39 | 517.95 | 528.06 | 3,207.13 |
Days Payable | 121.80 | 104.55 | 222.80 | 210.96 | 6.29 | 1,155.83 | 151.34 | 43.62 | 197.59 | 12.17 | 7.56 | 111.93 |
Cash Conversion Cycle | -0.44 | 2.47 | 12.57 | 81.99 | 116.72 | 19,833.40 | 3,269.63 | 882.39 | 2,578.28 | 1,204.56 | 975.31 | 3,465.20 |
Working Capital Days | 16.55 | 22.40 | 56.61 | 201.82 | 309.00 | 55,584.29 | 7,905.85 | 2,676.03 | 5,995.23 | 2,303.74 | 1,753.05 | 4,350.00 |
ROCE % | 2.78% | 4.02% | 0.77% | -0.39% | -4.02% | -2.15% | -0.59% | -6.59% | -0.68% | 8.82% | 8.34% | 4.19% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 25 Aug
- Corporate Action - Fixes Book Closure For AGM 22 Aug
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Reg. 34 (1) Annual Report.
22 Aug - AGM Sep 16, 2025; Annual Report FY2024-25; reappoint MD and Independent Director; appoint secretarial auditor.
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Board Meeting Outcome for Outcome Of Board Meeting
22 Aug - Board approved FY2024-25 Directors' Report; reappointments; secretarial auditor; AGM set 16 Sept 2025 1:00 PM (VC).
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Board Meeting Intimation for Adoption Of Accounts And AGM Related Agenda
19 Aug - Board meeting on 22 Aug 2025 to adopt FY2024-25 Directors' Report, set 41st AGM; director reappointments, auditors.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1]
JMD Ventures Ltd (JMDVL) operates in the entertainment and financial segments, engaging in music production, studio rentals, and capital market activities like financing and investing in shares, securities, and commodities. The company has produced over 10,000 songs in regional languages such as Bengali, Bhojpuri, and Rajasthani. It also has a presence in television and radio production through its dedicated divisions:
a) JMD TV
b) JMD Sounds
c) JMD Music
d) JMD Digital
The company also has a digital presence with channels like:
a) JMD-Rajasthani
b) JMD-Bhakti Sagar
c) JMD-Bangla
d) JMD Bhakti Geeti (Bangla)
e) JMD Purulia (Dhamaka)
Apart from this, the company has invested significantly in music studios, producing
a wide range of music genres, including
Popular Music, Classical Music, Soul Music, Dance Music, New-age Music, Experimental Music, Vocal Music, Electro Music, Devotional Music, Bhajans, Ghazals,