Panorama Studios International Ltd
- Market Cap ₹ 1,087 Cr.
- Current Price ₹ 41.7
- High / Low ₹ 61.4 / 29.0
- Stock P/E 29.5
- Book Value ₹ 8.15
- Dividend Yield 0.14 %
- ROCE 27.2 %
- ROE 25.7 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 56.6% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.6%
Cons
- Promoters have pledged 26.6% of their holding.
- Debtor days have increased from 60.3 to 77.9 days.
- Promoter holding has decreased over last 3 years: -6.63%
- Working capital days have increased from 120 days to 186 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 23 | 314 | 76 | 83 | 371 | 440 | 364 | 456 | |
| 20 | 303 | 64 | 87 | 319 | 379 | 304 | 400 | |
| Operating Profit | 4 | 11 | 13 | -4 | 53 | 61 | 60 | 56 |
| OPM % | 15% | 3% | 17% | -5% | 14% | 14% | 16% | 12% |
| 2 | 1 | 1 | 10 | 5 | 5 | 4 | 7 | |
| Interest | 2 | 1 | 2 | 6 | 8 | 12 | 8 | 11 |
| Depreciation | 0 | 0 | 0 | 0 | 1 | 1 | 3 | 6 |
| Profit before tax | 3 | 10 | 11 | -1 | 49 | 52 | 54 | 46 |
| Tax % | 45% | 24% | 24% | 21% | 29% | 27% | 26% | |
| 2 | 8 | 8 | -1 | 35 | 38 | 40 | 34 | |
| EPS in Rs | 0.10 | 0.32 | 0.38 | 0.03 | 1.71 | 1.63 | 1.69 | 1.48 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 4% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 3% |
| 3 Years: | 64% |
| TTM: | 5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 57% |
| 3 Years: | 108% |
| TTM: | -6% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 76% |
| 3 Years: | 72% |
| 1 Year: | -25% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 34% |
| 3 Years: | 39% |
| Last Year: | 26% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 5 | 8 | 8 | 12 | 12 | 13 | 14 | 15 |
| Reserves | 1 | 7 | 12 | 11 | 49 | 121 | 178 | 197 |
| 20 | 26 | 26 | 74 | 38 | 33 | 78 | 84 | |
| 73 | 231 | 178 | 153 | 142 | 289 | 282 | 282 | |
| Total Liabilities | 99 | 272 | 223 | 251 | 241 | 456 | 552 | 578 |
| 26 | 25 | 24 | 13 | 14 | 5 | 49 | 48 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| 73 | 247 | 199 | 238 | 227 | 451 | 502 | 530 | |
| Total Assets | 99 | 272 | 223 | 251 | 241 | 456 | 552 | 578 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| 21 | -9 | 5 | -65 | 46 | -8 | -26 | |
| -26 | 0 | -0 | 15 | -3 | -10 | -32 | |
| 5 | 9 | -3 | 49 | -39 | 22 | 53 | |
| Net Cash Flow | 0 | -0 | 2 | -1 | 5 | 4 | -4 |
| Free Cash Flow | -5 | -9 | 5 | -49 | 45 | -11 | -68 |
| CFO/OP | 617% | -42% | 79% | 1,446% | 98% | -5% | -38% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 180 | 16 | 444 | 212 | 28 | 75 | 78 |
| Inventory Days | 466 | 95 | 383 | 572 | |||
| Days Payable | 466 | 63 | 703 | 215 | |||
| Cash Conversion Cycle | 181 | 47 | 123 | 569 | 28 | 75 | 78 |
| Working Capital Days | -258 | -2 | 42 | 93 | 60 | 113 | 186 |
| ROCE % | 32% | 26% | -3% | 54% | 46% | 27% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Inventory Value of Content (Consolidated) Rs. Lacs |
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| Permanent Employees Number ・Standalone data |
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| Revenue from Exploitation of Copyrights (Standalone) Rs. Lacs ・Standalone data |
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| Trading Inventory Value (Pre-Media Transition) Rs. Lacs ・Standalone data |
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| Screen Count (via 10% Stake in NY Cinemas) Number |
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| Music Rights Acquired (Titles) Number |
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| Number of New Distribution Branch Offices Opened Number ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
29 Apr - 29 Apr 2026: Panorama Studios says LC disclosure not applicable for FY2026.
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Panorama Studios Inflight LLP Subsidary Of Panorama Studios International Limited Has Executed An Agreement With Marudhar Entertainment Network LLP To Exploit The Airborne Rights (On An Exclusive Basis) For The Entire World Including India For Cinematographic Films Titled "Baaghi 4' "HOUSEFULL 5" "SIKANDAR" And "O ROMEO"
29 Apr - Subsidiary executed exclusive worldwide airborne rights agreement for Baaghi 4, Housefull 5, Sikandar and 0 Romeo.
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Panorama Studios International Limited Has Executed A Distribution Agreement With Naad Studios Private Limited And Dreamiyata Entertainment Private Limited For The Exploitation Of Theatrical Rights For Entire World Including Pan India Territory Of The Punjabi Film Titled "Arjan Tte Tina'
28 Apr - Panorama Studios signed distribution rights agreement for Punjabi film 'Arjan Tte Tina' worldwide.
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Panorama Studios Inflight LLP Subsidiary Of Panorama Studios International Limited Has Executed An Agreement With Colour Yellow Media Entertainment Private Limited To Exploit The Airborne Rights (On An Exclusive Basis) For The Entire World Including India Of The Cinematographic Film Titled 'Tu Yaa Main"
27 Apr - Subsidiary Panorama Studios Inflight LLP signed exclusive worldwide airborne rights agreement for film 'Tu Yaa Main'.
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Panorama Studios International Limited Has Executed A License Agreement With Mr. Surya Mohan Arya To Exploit The Feature Film Tentatively Titled 'Leer'
24 Apr - Panorama Studios signed exclusive worldwide digital license for film 'Leer'.
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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Business Verticals