Prime Focus Ltd
PFL was founded by Mr. Namit Naresh Malhotra in 1997. It started from Mumbai to being an integrated media and entertainment services powerhouse. [1] It is present in 18 cities (8 in India and 10 internationally) across 5 continents. [2]
Prime Focus is engaged in the business of post-production activities including digital intermediate, visual effects, 2D to 3D conversion, and other technical and creative services to the Media and Entertainment industry.[3]
- Market Cap ₹ 18,639 Cr.
- Current Price ₹ 240
- High / Low ₹ 367 / 111
- Stock P/E
- Book Value ₹ 91.4
- Dividend Yield 0.00 %
- ROCE -0.16 %
- ROE -0.06 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
Cons
- Stock is trading at 2.63 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -18.3% over past five years.
- Company has a low return on equity of -0.70% over last 3 years.
- Earnings include an other income of Rs.21.3 Cr.
- Promoter holding has decreased over last 3 years: -9.19%
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2015 | Mar 2016 9m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 121.80 | 118.34 | 153.45 | 144.62 | 160.74 | 130.94 | 76.56 | 120.81 | 40.74 | 33.45 | 39.76 | 27.86 | |
| 73.55 | 73.02 | 135.72 | 133.22 | 140.00 | 86.83 | 48.48 | 57.80 | 38.70 | 30.45 | 52.16 | 24.98 | |
| Operating Profit | 48.25 | 45.32 | 17.73 | 11.40 | 20.74 | 44.11 | 28.08 | 63.01 | 2.04 | 3.00 | -12.40 | 2.88 |
| OPM % | 39.61% | 38.30% | 11.55% | 7.88% | 12.90% | 33.69% | 36.68% | 52.16% | 5.01% | 8.97% | -31.19% | 10.34% |
| -4.68 | 13.45 | 33.72 | 26.72 | 41.12 | 220.58 | 123.97 | 322.84 | 40.63 | 50.26 | 236.26 | 21.29 | |
| Interest | 24.67 | 22.18 | 32.75 | 74.13 | 57.39 | 63.32 | 59.17 | 32.28 | 23.95 | 23.37 | 23.20 | 17.63 |
| Depreciation | 23.57 | 24.78 | 30.80 | 33.42 | 37.68 | 67.41 | 66.38 | 62.87 | 32.64 | 30.49 | 29.07 | 31.79 |
| Profit before tax | -4.67 | 11.81 | -12.10 | -69.43 | -33.21 | 133.96 | 26.50 | 290.70 | -13.92 | -0.60 | 171.59 | -25.25 |
| Tax % | 501.93% | 53.34% | -8.76% | -18.48% | 0.18% | -24.42% | 0.00% | 0.00% | 75.79% | -45.00% | -8.33% | -89.07% |
| -28.11 | 5.51 | -11.04 | -56.60 | -33.27 | 166.67 | 26.50 | 290.70 | -24.47 | -0.33 | 185.89 | -2.74 | |
| EPS in Rs | -0.94 | 0.18 | -0.37 | -1.89 | -1.11 | 5.57 | 0.89 | 9.70 | -0.82 | -0.01 | 6.20 | -0.04 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -13% |
| 5 Years: | -18% |
| 3 Years: | -12% |
| TTM: | -30% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 14% |
| 3 Years: | 24% |
| TTM: | 93% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 31% |
| 3 Years: | 33% |
| 1 Year: | 106% |
| Return on Equity | |
|---|---|
| 10 Years: | -2% |
| 5 Years: | 0% |
| 3 Years: | -1% |
| Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 29.89 | 29.89 | 29.89 | 29.92 | 29.92 | 29.92 | 29.92 | 29.95 | 29.95 | 29.98 | 30.00 | 77.60 |
| Reserves | 1,013.11 | 1,078.37 | 1,066.83 | 1,087.13 | 1,089.84 | 1,235.07 | 1,260.91 | 1,552.56 | 1,537.61 | 1,538.89 | 1,725.49 | 7,017.68 |
| 448.96 | 493.26 | 560.08 | 415.12 | 439.38 | 453.42 | 298.76 | 235.77 | 201.10 | 201.41 | 200.74 | 200.24 | |
| 134.67 | 188.63 | 138.49 | 133.26 | 183.44 | 247.35 | 243.97 | 194.04 | 112.30 | 138.97 | 215.13 | 484.16 | |
| Total Liabilities | 1,626.63 | 1,790.15 | 1,795.29 | 1,665.43 | 1,742.58 | 1,965.76 | 1,833.56 | 2,012.32 | 1,880.96 | 1,909.25 | 2,171.36 | 7,779.68 |
| 271.78 | 406.20 | 391.60 | 392.94 | 571.44 | 564.56 | 515.60 | 332.04 | 299.94 | 280.83 | 251.49 | 219.46 | |
| CWIP | 0.31 | 1.14 | 0.87 | 1.51 | 20.01 | 12.72 | 10.17 | 10.56 | 10.56 | 0.00 | 0.00 | 0.00 |
| Investments | 864.28 | 872.98 | 944.28 | 938.68 | 848.61 | 781.14 | 618.13 | 681.81 | 1,166.65 | 1,190.70 | 1,879.06 | 7,338.55 |
| 490.26 | 509.83 | 458.54 | 332.30 | 302.52 | 607.34 | 689.66 | 987.91 | 403.81 | 437.72 | 40.81 | 221.67 | |
| Total Assets | 1,626.63 | 1,790.15 | 1,795.29 | 1,665.43 | 1,742.58 | 1,965.76 | 1,833.56 | 2,012.32 | 1,880.96 | 1,909.25 | 2,171.36 | 7,779.68 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 169.22 | -52.42 | 47.15 | 146.00 | 44.46 | 30.96 | 29.30 | 42.01 | 1.89 | 14.20 | 21.80 | -21.18 | |
| -413.34 | -49.12 | -3.62 | 49.83 | 191.62 | 42.34 | 217.10 | -32.03 | 30.97 | -13.63 | -20.83 | -437.31 | |
| 244.75 | 101.37 | -43.76 | -195.61 | -236.39 | -73.81 | -222.65 | -27.21 | -38.38 | -1.37 | 0.09 | 458.22 | |
| Net Cash Flow | 0.63 | -0.17 | -0.23 | 0.22 | -0.31 | -0.51 | 23.75 | -17.23 | -5.52 | -0.80 | 1.06 | -0.27 |
| Free Cash Flow | 153.76 | -76.70 | 25.96 | 104.72 | 10.73 | 14.89 | 25.05 | 24.04 | 1.34 | 14.39 | 21.90 | -21.20 |
| CFO/OP | 367% | -99% | 325% | 1,368% | 262% | 92% | 78% | 13% | 491% | 273% | -165% | -755% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 161.04 | 222.87 | 130.42 | 123.90 | 111.43 | 125.44 | 162.14 | 8.22 | 9.59 | 59.14 | 12.48 | 26.99 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 161.04 | 222.87 | 130.42 | 123.90 | 111.43 | 125.44 | 162.14 | 8.22 | 9.59 | 59.14 | 12.48 | 26.99 |
| Working Capital Days | 533.15 | 669.98 | -11.30 | -237.67 | 67.44 | 828.01 | 1,705.96 | 2,300.03 | 2,617.71 | 3,271.69 | -3,287.66 | -3,041.71 |
| ROCE % | 3.07% | 2.79% | -0.21% | -0.27% | 0.30% | -0.19% | -0.61% | 4.08% | 0.46% | 0.73% | -1.69% | -0.16% |
Insights
In beta| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Global Workforce Number of Employees |
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| Global Locations Number of Cities/Locations |
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| VFX Academy Awards (Oscars) Won Cumulative Number |
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| Order Book & Visible Pipeline USD Million |
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| India Headcount Ratio % of Total Workforce |
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| Integrated Production Facility - Sound Stages Number of Stages |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Investor Presentation 29 May
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Board Meeting Outcome for Outcome Of The Meeting Of The Board Of Prime Focus Limited (The 'Company') Held On May 28, 2026
28 May - Prime Focus approved FY26 audited results; consolidated profit Rs 30,142 lakh, no dividend, insolvency case pending.
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Outcome Of Board Meeting
28 May - FY26 audited results approved; no dividend; insolvency case stayed, NCLAT appeal next hearing July 9, 2026.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Prime Focus filed FY26 secretarial compliance report; noted two compliance issues and prior subsidiary director lapse.
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Disclosure Under Regulation 30 Of The SEBI (LODR) Regulations, 2015, As Amended ('LODR Regulations')
27 May - Supreme Court dismissed appeal; NCLAT stay continues, main appeal listed on July 9, 2026.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Concalls
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May 2026TranscriptAI SummaryPPT
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Jan 2026TranscriptAI SummaryPPT
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Jul 2021TranscriptAI SummaryPPT
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Nov 2020TranscriptAI SummaryPPT
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Sep 2020TranscriptAI SummaryPPT
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Aug 2019TranscriptAI SummaryPPT
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Jun 2019TranscriptAI SummaryPPT
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Jun 2019TranscriptAI SummaryPPT
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Jun 2019TranscriptAI SummaryPPT
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Feb 2019TranscriptAI SummaryPPT
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Nov 2018TranscriptAI SummaryPPT
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Aug 2018TranscriptAI SummaryPPT
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Jun 2018TranscriptAI SummaryPPT
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Feb 2018TranscriptAI SummaryPPT
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Nov 2017Transcript PPT
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Aug 2017TranscriptAI SummaryPPT
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Aug 2017Transcript PPT
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May 2017Transcript PPT
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Feb 2017Transcript PPT
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Dec 2016Transcript PPT
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Aug 2016TranscriptAI SummaryPPT
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May 2016TranscriptAI SummaryPPT
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Feb 2016TranscriptAI SummaryPPT
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Feb 2016TranscriptAI SummaryPPT
Milestones
It is the first company in India to offer a high-end post-production finishing system, film scanning, and recording system. It is also the first in South Asia to offer a 4K DI Facility. [1] It is one of the world’s largest providers of end-to-end post-production services. [2] The co. owns India’s largest integrated studio in Mumbai, controlling the major share of the local studio market. [3]