Sunshine Pictures Ltd
Incorporated in 2007, Sunshine Pictures
Limited is a production company engaged
in the business of originating, creating, developing, producing, marketing, and distributing films, TV serials, and web
series.[1]
- Market Cap ₹ 1,372 Cr.
- Current Price ₹ 441
- High / Low ₹ 525 / 326
- Stock P/E 41.2
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 46.1 %
- ROE 37.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company has a good return on equity (ROE) track record: 3 Years ROE 52.2%
Cons
- Debtor days have increased from 61.0 to 100 days.
- Working capital days have increased from 92.5 days to 134 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
| Sales |
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| 27 | 134 | 103 | |
| Sales growth | +405% | -23% | |
| 22 | 65 | 55 | |
| Operating Profit | 4 | 68 | 48 |
| OPM % | 15% | 51% | 47% |
| 0 | 6 | 2 | |
| Interest | 0 | 1 | 2 |
| Depreciation | 1 | 2 | 3 |
| Profit before tax | 3 | 71 | 46 |
| Tax % | 26% | 25% | 25% |
| 2 | 53 | 34 | |
| EPS in Rs | 0.77 | 20.29 | 13.08 |
| Dividend Payout % | -0% | 0% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -33% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 52% |
| Last Year: | 38% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Equity Capital | 0.14 | 0.12 | 26 |
| Reserves | 27 | 70 | 79 |
| 7 | 17 | 11 | |
| 5 | 10 | 15 | |
| Total Liabilities | 39 | 97 | 131 |
| 10 | 12 | 13 | |
| CWIP | 6 | 13 | -0 |
| Investments | 2 | 20 | 26 |
| 21 | 52 | 92 | |
| Total Assets | 39 | 97 | 131 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| -5 | 32 | 28 | |
| -4 | -30 | -11 | |
| 6 | -1 | -7 | |
| Net Cash Flow | -3 | 1 | 10 |
| Free Cash Flow | -10 | 20 | 23 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -109% | 71% | 77% |
Ratios
Consolidated / View Standalone
| Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|
| Debtor Days | -0 | 22 | 100 |
| Inventory Days | 317 | ||
| Days Payable | 84 | ||
| Cash Conversion Cycle | 233 | 22 | 100 |
| Working Capital Days | 106 | 38 | 134 |
| ROCE % | 114% | 46% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Monitoring Agency Report
- Board approved CARE monitoring report for Q2FY27; Rs.1.44 crore GST deviation noted, later recoverable from shareholders.
-
Announcement under Regulation 30 (LODR)-Change in Management
- Board approved D.M. Zaveri & Associates as secretarial auditor for FY27-FY31, subject to postal ballot approval.
-
Statement Of Deviation/Variation Under Regulation 32 Of The SEBI LODR Regulation, 2015
- Q2 FY27 results approved; Rs1.44 crore IPO GST deviation reported and recovered on 6 Oct 2026.
-
Announcement under Regulation 30 (LODR)-Change in Management
- Board approved Suresh Thomas and Sanjay Upadhyay as senior management from 12 November 2026.
- Un-Audited Financial Results For The Quarter And Half Year Ended 30Th September 2026
Business Overview:[1]
Sunshine Pictures Limited is an
entertainment content production
house engaged in the originating,
developing, producing, marketing,
and distributing films, television
serials, and web series. The co.
has also expanded into music
and digital content through its
Sunshine Music and Sunshine
Digital verticals.