Eros International Media Ltd

Eros International Media Ltd

₹ 15.2 -0.39%
12 Dec - close price
About

Incorporated in 1994, Eros International Media Ltd is in the business of film production, exploitation and distribution[1]

Key Points

Business Overview:[1][2][3]
EIML deals in home entertainment distribution in the domestic market. It deals in Indian film entertainment industry on a vertically integrated studio model controlling content, where it co-produce, acquire and distribute Indian language films in multiple formats worldwide including; theatrical, television syndication & digital platforms, etc.

  • Market Cap 146 Cr.
  • Current Price 15.2
  • High / Low 29.4 / 13.9
  • Stock P/E
  • Book Value 65.5
  • Dividend Yield 0.00 %
  • ROCE -36.6 %
  • ROE -50.1 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.23 times its book value

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -32.9% over past five years.
  • Promoter holding is low: 16.2%
  • Company has a low return on equity of -18.4% over last 3 years.
  • Contingent liabilities of Rs.659 Cr.
  • Company has high debtors of 1,071 days.
  • Promoter holding has decreased over last 3 years: -32.8%

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
108 20 64 222 68 37 223 14 407 7 43 32 59
200 57 112 193 42 76 271 64 390 124 19 101 316
Operating Profit -93 -38 -49 29 26 -39 -48 -50 17 -118 24 -69 -258
OPM % -86% -192% -77% 13% 39% -107% -22% -351% 4% -1,807% 55% -220% -438%
11 20 42 11 19 30 29 19 -3 18 19 28 -15
Interest 24 24 6 13 12 15 15 19 19 11 7 8 4
Depreciation 3 2 2 2 2 2 2 2 2 1 1 1 1
Profit before tax -109 -44 -15 25 32 -26 -36 -51 -6 -112 35 -50 -278
Tax % 11% -2% -14% -7% 39% -1% -0% 1% 1% -0% 0% 5% 3%
-120 -43 -13 27 20 -26 -36 -52 -6 -112 35 -53 -286
EPS in Rs -12.71 -4.26 -1.35 3.52 1.31 -2.72 -3.60 -5.30 -0.53 -11.55 3.98 -5.47 -30.22
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
1,068 1,135 1,421 1,583 1,400 960 1,031 814 262 373 681 140
839 835 1,073 1,261 1,059 632 735 913 423 405 800 561
Operating Profit 228 300 349 321 341 328 296 -99 -161 -32 -120 -421
OPM % 21% 26% 25% 20% 24% 34% 29% -12% -61% -8% -18% -301%
4 10 21 44 45 50 108 -1,433 104 93 76 50
Interest 9 38 40 35 55 81 77 71 106 55 69 29
Depreciation 6 5 7 9 10 10 9 12 10 7 7 5
Profit before tax 217 267 323 321 322 287 318 -1,615 -173 -1 -120 -405
Tax % 28% 28% 24% 25% 24% 20% 16% -13% 5% 697% 0% 3%
156 193 247 242 243 231 266 -1,401 -181 -9 -120 -416
EPS in Rs 16.81 21.71 26.71 25.50 27.43 24.15 28.17 -146.94 -18.80 -0.79 -12.15 -43.25
Dividend Payout % 9% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -19%
5 Years: -33%
3 Years: -19%
TTM: -79%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -256%
Stock Price CAGR
10 Years: -27%
5 Years: 3%
3 Years: -7%
1 Year: -37%
Return on Equity
10 Years: 4%
5 Years: -9%
3 Years: -18%
Last Year: -50%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 92 92 92 94 94 95 96 96 96 96 96 96
Reserves 895 1,117 1,390 1,652 1,915 2,148 2,477 1,151 944 970 932 532
403 433 491 364 652 690 592 549 547 480 190 192
413 552 1,295 1,391 1,015 854 1,042 702 827 861 1,041 945
Total Liabilities 1,803 2,193 3,269 3,501 3,676 3,787 4,206 2,497 2,414 2,407 2,260 1,765
792 1,041 1,214 2,609 2,701 2,633 2,565 920 737 559 356 188
CWIP 439 579 1,018 32 26 71 91 89 178 172 43 0
Investments 8 8 0 0 0 0 0 0 0 0 0 0
564 566 1,036 859 949 1,083 1,551 1,488 1,499 1,677 1,860 1,577
Total Assets 1,803 2,193 3,269 3,501 3,676 3,787 4,206 2,497 2,414 2,407 2,260 1,765

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
648 872 933 1,170 235 235 402 51 292 116 179 -21
-668 -787 -1,076 -985 -500 -194 -234 108 -167 -8 261 -49
-64 7 33 -187 238 -33 -177 -154 -110 -130 -352 -29
Net Cash Flow -84 92 -110 -1 -27 8 -8 5 15 -22 88 -99

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 73 66 135 92 136 266 281 248 667 593 348 1,071
Inventory Days 9 0
Days Payable 927
Cash Conversion Cycle 73 66 135 -826 136 266 281 248 667 593 348 1,071
Working Capital Days 14 -43 -96 -185 -44 28 11 -58 -116 75 -5 -417
ROCE % 17% 20% 20% 17% 16% 13% 13% 0% -3% 3% -4% -37%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
48.07% 48.07% 48.07% 48.07% 48.05% 16.26% 16.26% 16.26% 16.26% 16.26% 16.25% 16.26%
8.07% 8.22% 6.58% 5.83% 2.34% 2.39% 2.24% 2.06% 1.57% 1.59% 1.65% 2.03%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01%
0.01% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
43.85% 43.70% 45.34% 46.10% 49.61% 81.34% 81.49% 81.67% 82.17% 82.16% 82.08% 81.70%
No. of Shareholders 68,98862,77664,02361,55561,61659,14560,31961,27064,04365,99464,94464,347

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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