Shemaroo Entertainment Ltd

Shemaroo Entertainment Ltd

₹ 163 1.59%
23 Apr - close price
About

Incorporated in 2005, Shemaroo Entertainment Ltd is engaged in distribution of content for Broadcasting of Satellite Channels, Physical Formats and Digital Technologies like Mobile, Internet, Broadband, IPTV and DTH[1]

Key Points

Business Overview:[1]
SEL is an ISO 10002: 2018, ISO 27001: 2013, ISO 9001: 2015 certified company which is in the business of media and entertainment. It offers content across various genres, including fiction and non-fiction shows, movies, comedy, devotional, and kids' entertainment. Company operates multiple broadcast channels and has vast library of 7000+ hours of content in Hindi, Gujarati, Marathi, Punjabi amongst other regional languages, available in over 150 countries

  • Market Cap 444 Cr.
  • Current Price 163
  • High / Low 240 / 112
  • Stock P/E
  • Book Value 220
  • Dividend Yield 0.00 %
  • ROCE 5.17 %
  • ROE 1.45 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.74 times its book value
  • Company is expected to give good quarter

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 2.33% over past five years.
  • Company has a low return on equity of -0.16% over last 3 years.
  • Debtor days have increased from 67.4 to 84.2 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
87 76 73 120 86 89 92 141 144 158 147 191 148
79 64 65 110 77 80 84 129 134 143 140 174 166
Operating Profit 8 11 7 11 9 9 8 11 10 15 7 16 -19
OPM % 9% 15% 10% 9% 11% 10% 9% 8% 7% 10% 5% 9% -13%
0 -0 0 0 0 1 1 1 1 0 1 1 2
Interest 7 7 7 6 6 6 7 7 8 8 9 9 9
Depreciation 2 2 2 2 2 2 1 1 1 1 1 1 1
Profit before tax -1 3 -1 3 2 3 2 4 1 6 -3 7 -27
Tax % -20% 10% 3% -23% 8% 22% 80% 37% -8% 47% 19% 30% -15%
-1 2 -1 3 2 2 0 2 1 3 -2 5 -31
EPS in Rs -0.24 0.83 -0.35 1.28 0.65 0.79 0.11 0.87 0.52 1.18 -0.75 1.68 -11.55
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
181 213 263 323 375 415 477 548 480 305 368 535 644
134 156 198 235 264 286 336 387 405 291 331 488 624
Operating Profit 46 57 66 88 111 129 141 161 75 14 37 47 20
OPM % 26% 27% 25% 27% 30% 31% 30% 29% 16% 4% 10% 9% 3%
5 1 1 1 2 5 2 2 -9 1 1 0 4
Interest 19 18 19 22 23 33 31 26 23 27 25 30 36
Depreciation 3 3 3 4 4 4 5 6 7 7 7 5 5
Profit before tax 29 37 44 64 86 96 106 132 35 -19 7 13 -17
Tax % 27% 34% 37% 35% 36% 36% 35% 35% 32% 1% 1% 42%
21 25 28 42 55 62 69 86 24 -19 6 7 -26
EPS in Rs 10.72 12.38 14.03 15.38 20.39 22.79 25.56 31.68 8.75 -7.08 2.37 2.68 -9.44
Dividend Payout % 5% 4% 4% 8% 7% 6% 6% 5% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 10%
5 Years: 2%
3 Years: 4%
TTM: 38%
Compounded Profit Growth
10 Years: -10%
5 Years: -34%
3 Years: -35%
TTM: -512%
Stock Price CAGR
10 Years: %
5 Years: -16%
3 Years: 22%
1 Year: 39%
Return on Equity
10 Years: 8%
5 Years: 4%
3 Years: 0%
Last Year: 1%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 20 20 20 27 27 27 27 27 27 27 27 27 27
Reserves 107 131 158 294 345 406 472 553 572 554 560 569 572
110 122 183 137 212 296 201 202 233 261 246 321 326
35 25 52 35 37 61 40 60 53 33 55 122 150
Total Liabilities 273 298 413 493 621 790 740 843 885 875 888 1,039 1,076
36 35 34 30 29 34 33 31 34 27 22 36 43
CWIP 0 0 0 0 1 0 0 0 0 0 0 1 0
Investments 11 12 12 20 12 12 35 25 14 6 5 17 18
225 251 367 444 578 744 671 786 837 842 861 985 1,014
Total Assets 273 298 413 493 621 790 740 843 885 875 888 1,039 1,076

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
15 -1 -18 -29 -42 -59 145 22 9 -9 42 -17
-6 -2 -3 -10 -4 -4 -14 7 -8 7 -2 -28
-9 -2 20 41 45 63 -131 -29 -1 2 -40 45
Net Cash Flow 0 -5 -0 2 -1 0 -0 -0 -0 -0 -0 0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 181 121 194 143 104 168 106 104 62 63 55 84
Inventory Days 460 566 735
Days Payable 69 34 21
Cash Conversion Cycle 181 121 585 675 817 168 106 104 62 63 55 84
Working Capital Days 332 366 395 423 490 572 474 482 590 953 785 582
ROCE % 22% 22% 20% 21% 21% 20% 19% 21% 9% 1% 4% 5%

Shareholding Pattern

Numbers in percentages

5 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
65.88% 65.88% 65.88% 65.88% 65.88% 65.88% 65.88% 65.88% 65.88% 65.88% 65.88% 65.78%
7.32% 3.95% 3.32% 0.25% 0.23% 0.21% 0.18% 0.18% 0.09% 0.09% 0.00% 0.03%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.14% 0.00%
26.80% 30.18% 30.80% 33.87% 33.89% 33.91% 33.93% 33.93% 34.03% 34.03% 33.98% 34.18%
No. of Shareholders 14,90514,18713,94914,03213,72614,17914,72614,36813,82813,85914,24818,128

* 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.

Click on the line-items to see the names of individual entities.

Documents

Concalls