Digikore Studios Ltd
Incorporated in 2000, Digikore Studios
Ltd provides Visual effect services and
digital shows[1]
- Market Cap ₹ 68.0 Cr.
- Current Price ₹ 53.8
- High / Low ₹ 100 / 44.0
- Stock P/E 8.02
- Book Value ₹ 34.5
- Dividend Yield 0.00 %
- ROCE 20.5 %
- ROE 21.6 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 209% CAGR over last 5 years
Cons
- Promoter holding has decreased over last quarter: -8.30%
- Company has a low return on equity of 10.4% over last 3 years.
- Promoters have pledged 86.5% of their holding.
- Company has high debtors of 354 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.
Peer comparison
Consumer Discretionary Media, Entertainment & Publication Entertainment Media & Entertainment
Part of Nifty SME Emerge
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 7.43 | 7.86 | 8.69 | 4.89 | 24.88 | 34.44 | 44.96 | 35.61 | 63.21 | |
| 6.48 | 8.39 | 8.09 | 5.14 | 22.52 | 28.08 | 32.10 | 40.17 | 44.90 | |
| Operating Profit | 0.95 | -0.53 | 0.60 | -0.25 | 2.36 | 6.36 | 12.86 | -4.56 | 18.31 |
| OPM % | 12.79% | -6.74% | 6.90% | -5.11% | 9.49% | 18.47% | 28.60% | -12.81% | 28.97% |
| 0.55 | 1.88 | 0.35 | 1.28 | 0.00 | 1.12 | 2.42 | 0.78 | 4.20 | |
| Interest | 0.68 | 0.77 | 0.66 | 0.73 | 0.40 | 0.71 | 1.31 | 2.66 | 6.48 |
| Depreciation | 0.79 | 0.54 | 0.24 | 0.26 | 0.92 | 1.04 | 1.18 | 3.22 | 4.78 |
| Profit before tax | 0.03 | 0.04 | 0.05 | 0.04 | 1.04 | 5.73 | 12.79 | -9.66 | 11.25 |
| Tax % | 33.33% | 0.00% | 0.00% | 25.00% | 55.77% | 23.56% | 25.33% | -24.95% | 24.36% |
| 0.03 | 0.05 | 0.06 | 0.03 | 0.47 | 4.37 | 9.54 | -7.25 | 8.51 | |
| EPS in Rs | 7.51 | -5.71 | 6.72 | ||||||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 67% |
| 3 Years: | 22% |
| TTM: | 78% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 209% |
| 3 Years: | 25% |
| TTM: | 217% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -46% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 10% |
| Last Year: | 22% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | 6.33 | 6.33 | 12.67 |
| Reserves | -0.23 | -0.19 | -0.13 | -0.10 | 0.35 | 4.73 | 36.13 | 28.88 | 31.06 |
| 4.50 | 5.02 | 4.61 | 4.99 | 3.49 | 6.08 | 8.71 | 39.63 | 54.11 | |
| 1.02 | 2.09 | 1.46 | 1.92 | 3.23 | 7.14 | 6.27 | 9.39 | 12.95 | |
| Total Liabilities | 6.47 | 8.10 | 7.12 | 7.99 | 8.25 | 19.13 | 57.44 | 84.23 | 110.79 |
| 1.90 | 1.56 | 1.54 | 2.80 | 4.17 | 3.91 | 8.95 | 20.39 | 13.52 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.32 | 6.79 | 0.00 | 0.00 |
| Investments | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 1.24 | 0.02 | 3.75 |
| 4.55 | 6.52 | 5.56 | 5.17 | 4.06 | 12.88 | 40.46 | 63.82 | 93.52 | |
| Total Assets | 6.47 | 8.10 | 7.12 | 7.99 | 8.25 | 19.13 | 57.44 | 84.23 | 110.79 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 0.00 | -0.30 | 0.55 | 1.32 | 4.17 | 1.23 | -16.57 | -21.57 | -6.38 | |
| 0.00 | -0.19 | -0.22 | -1.69 | -2.29 | -3.10 | -11.90 | -6.65 | -1.65 | |
| 0.00 | 0.53 | -0.41 | 0.37 | -1.89 | 1.87 | 28.54 | 28.24 | 8.00 | |
| Net Cash Flow | 0.00 | 0.04 | -0.08 | 0.00 | -0.01 | 0.00 | 0.07 | 0.02 | -0.02 |
| Free Cash Flow | 0.00 | -0.49 | 0.33 | -0.19 | 1.88 | -1.87 | -24.82 | -29.44 | -8.03 |
| CFO/OP | 0% | 57% | 92% | -528% | 177% | 19% | -129% | 473% | -35% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 85.97 | 171.82 | 131.47 | 214.97 | 20.39 | 63.48 | 200.04 | 405.49 | 353.51 |
| Inventory Days | |||||||||
| Days Payable | |||||||||
| Cash Conversion Cycle | 85.97 | 171.82 | 131.47 | 214.97 | 20.39 | 63.48 | 200.04 | 405.49 | 353.51 |
| Working Capital Days | 163.10 | 195.50 | 59.64 | 19.41 | -46.65 | -11.66 | 268.07 | 173.12 | 175.48 |
| ROCE % | 6.11% | 12.17% | 13.13% | 25.97% | 75.72% | 43.98% | -11.13% | 20.54% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Revenue Mix - Europe % of revenue |
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| Revenue Mix - North America % of revenue |
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| Team Headcount count |
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| Top 5 Client Concentration % of revenue |
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| Total Man Days per Year count |
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| Repeat Clients count |
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| Order Book (Forward Pipeline) INR Cr |
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Extracted by Screener AI
Documents
Announcements
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Reply to Clarification- Financial results
2 July 2026 - Digikore filed FY26 audited standalone and consolidated results; corrected XBRL/PDF typos and attached unmodified-opinion declaration.
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Press Release
30 June 2026 - Digikore signs China distributor for Kingdom Games at MIFA Annecy, advancing global film release.
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Disclosure under SEBI Takeover Regulations
29 June 2026 - Promoter group disclosed no new share encumbrance as of March 31, 2026.
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Allotment of Securities
25 June 2026 - Board approved 14,15,701 shares to promoter at ₹77.70, converting ₹11 crore loan on June 25, 2026.
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Outcome of Board Meeting
25 June 2026 - Board approved allotment of 14,15,701 shares at Rs77.70 each, converting Rs11 crore promoter loan.
Annual reports
Concalls
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May 2026TranscriptPPTREC
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Nov 2025Transcript PPT REC
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Sep 2025TranscriptAI SummaryPPT
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Jun 2025Transcript PPT REC
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Nov 2024Transcript PPT
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Jun 2024Transcript PPT
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Jan 2024TranscriptAI SummaryPPT
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Nov 2023TranscriptPPT
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Nov 2023TranscriptPPT
Business Overview:[1]
DSL is an TPN certified VFX studio based in India which specializes in Visual Effects for Films, Web Series, T.V. Series, Documentaries, and Commercials. It has worked
on 250+ Hollywood Films, TV Series, Web Series and Commercials