Studio LSD Ltd
Incorporated in 2017, Studio LSD Ltd is in the production and content creation for television, films, and new media; film distribution and exhibition through theatres, cinemas, studios, and shows.[1]
- Market Cap ₹ 54.0 Cr.
- Current Price ₹ 10.4
- High / Low ₹ 43.2 / 7.15
- Stock P/E 46.5
- Book Value ₹ 14.8
- Dividend Yield 0.00 %
- ROCE 72.8 %
- ROE 53.8 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Stock is trading at 0.70 times its book value
- Company has delivered good profit growth of 60.7% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 71.1%
- Debtor days have improved from 90.7 to 70.0 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 47 | 5 | 15 | 47 | 102 | 104 | |
| 45 | 7 | 14 | 43 | 88 | 89 | |
| Operating Profit | 2 | -2 | 1 | 4 | 15 | 16 |
| OPM % | 5% | -28% | 7% | 8% | 14% | 15% |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 1 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | -1 | 1 | 4 | 15 | 16 |
| Tax % | 26% | -1% | -1% | 23% | 26% | 26% |
| 1 | -1 | 1 | 3 | 11 | 12 | |
| EPS in Rs | 1,090.00 | -1,240.00 | 910.00 | 2,790.00 | 10,900.00 | 2.85 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 17% |
| 3 Years: | 93% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 61% |
| 3 Years: | 134% |
| TTM: | 7% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 64% |
| 3 Years: | 71% |
| Last Year: | 54% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 8 | 0.00 |
| Reserves | 2 | 1 | 2 | 5 | 16 | 19 | 77 |
| 1 | 1 | 0 | 0 | 0 | 0 | 0 | |
| 15 | 3 | 2 | 13 | 21 | 19 | 16 | |
| Total Liabilities | 19 | 5 | 4 | 18 | 36 | 47 | 93 |
| 0 | 0 | 0 | 0 | 1 | 1 | 0 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 2 | 11 | 7 |
| 19 | 5 | 4 | 18 | 34 | 35 | 86 | |
| Total Assets | 19 | 5 | 4 | 18 | 36 | 47 | 93 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 2 | -2 | 1 | 1 | 8 | 6 | |
| -0 | -0 | -0 | -0 | -2 | -9 | |
| -0 | 0 | -0 | -0 | -0 | 0 | |
| Net Cash Flow | 2 | -2 | 0 | 0 | 5 | -3 |
| Free Cash Flow | 2 | -2 | 1 | 1 | 7 | 6 |
| CFO/OP | 156% | 136% | 55% | 49% | 77% | 63% |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 90 | 279 | 13 | 117 | 85 | 70 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 90 | 279 | 13 | 117 | 85 | 70 |
| Working Capital Days | -10 | 30 | 6 | 22 | 16 | 39 |
| ROCE % | -40% | 40% | 98% | 140% | 73% |
Insights
In beta| Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Number of New Shows Launched Count |
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| Customer Concentration (Top 1 Customer Revenue Contribution) % |
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| Number of Permanent Employees Count |
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| Number of Major Broadcasting Partners Count |
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| Cumulative Content Produced Hours |
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| Number of Original Music Tracks Produced Count |
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Extracted by Screener AI
Documents
Announcements
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Statement of deviation(s) or variation(s) under Reg. 32
14 May 2026 - Monitoring agency report for quarter ended March 31, 2026 shows IPO proceeds utilized as disclosed, with no deviation.
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Monitoring Agency Report
14 May 2026 - Studio LSD filed Q4 FY2025-26 IPO monitoring report; no deviation, INR 27.55 Cr utilized, INR 25.82 Cr unutilized.
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Updates
29 April 2026 - Q4 FY26 update: new show aired April 20, music video crossed 4 million views, film shoot advanced.
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Structural Digital Database
18 April 2026 - Submitted SDD compliance certificate for quarter ended 31 March 2026; no non-compliances reported.
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Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
18 April 2026 - Studio LSD Ltd says Regulation 27(2) corporate governance reporting is not applicable under SME exemptions.
Business Overview:[1]
SLSD is a Mumbai-based multimedia production house with a pan-India presence. It specializes in original storytelling for television and OTT platforms. The company collaborates with media related individuals to create entertainment content. It manages everything from concept development to post-production. The company derives its business primarily through production contracts, with expansion into IP-owned content underway.