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 ₹ 3,793 Cr.
- Current Price ₹ 126
- High / Low ₹ 165 / 85.0
- Stock P/E
- Book Value ₹ 25.3
- Dividend Yield 0.00 %
- ROCE 8.08 %
- ROE -15.8 %
- Face Value ₹ 1.00
Pros
Cons
- Stock is trading at 4.98 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 4.21% over past five years.
- Company has a low return on equity of -34.5% over last 3 years.
* 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
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2014 15m | Jun 2015 | Mar 2016 9m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,080 | 1,606 | 1,382 | 2,153 | 2,257 | 2,539 | 2,928 | 2,536 | 3,386 | 4,644 | 3,951 | 3,599 | |
| 875 | 1,364 | 1,180 | 1,743 | 1,840 | 2,180 | 2,524 | 1,947 | 2,589 | 3,670 | 3,697 | 2,813 | |
| Operating Profit | 204 | 241 | 203 | 410 | 416 | 359 | 404 | 590 | 797 | 975 | 253 | 786 |
| OPM % | 19% | 15% | 15% | 19% | 18% | 14% | 14% | 23% | 24% | 21% | 6% | 22% |
| 23 | -228 | -38 | 121 | 34 | 123 | 13 | 45 | -89 | 219 | 216 | -154 | |
| Interest | 69 | 73 | 262 | 172 | 212 | 237 | 231 | 251 | 373 | 421 | 558 | 538 |
| Depreciation | 133 | 221 | 203 | 255 | 277 | 304 | 381 | 422 | 417 | 527 | 498 | 505 |
| Profit before tax | 25 | -281 | -301 | 105 | -39 | -58 | -196 | -39 | -82 | 246 | -587 | -411 |
| Tax % | 28% | 12% | 5% | 9% | 15% | -44% | -21% | 46% | 111% | 45% | -17% | 12% |
| 18 | -313 | -317 | 96 | -44 | -33 | -154 | -56 | -174 | 194 | -488 | -458 | |
| EPS in Rs | 1.31 | -9.78 | -9.48 | 2.79 | -1.78 | -0.76 | -4.39 | -1.45 | -5.73 | 4.92 | -13.49 | -12.57 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 4% |
| 3 Years: | 2% |
| TTM: | -9% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -4% |
| 3 Years: | % |
| TTM: | 76% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 37% |
| 3 Years: | 22% |
| 1 Year: | 28% |
| Return on Equity | |
|---|---|
| 10 Years: | -16% |
| 5 Years: | -18% |
| 3 Years: | -34% |
| Last Year: | -16% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 19 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 | 30 |
| Reserves | 719 | 1,082 | 378 | 510 | 546 | 498 | 362 | 237 | 84 | -5 | 486 | 729 |
| 823 | 1,037 | 1,571 | 1,339 | 1,637 | 2,419 | 3,371 | 3,904 | 4,102 | 4,892 | 4,859 | 4,879 | |
| 498 | 1,229 | 1,366 | 1,422 | 1,226 | 899 | 1,205 | 1,159 | 1,422 | 1,826 | 1,744 | 2,888 | |
| Total Liabilities | 2,059 | 3,379 | 3,345 | 3,301 | 3,439 | 3,846 | 4,969 | 5,329 | 5,638 | 6,743 | 7,120 | 8,526 |
| 1,092 | 2,138 | 2,322 | 2,247 | 2,264 | 2,445 | 2,926 | 2,973 | 2,895 | 3,067 | 2,990 | 4,135 | |
| CWIP | 20 | 44 | 51 | 20 | 55 | 63 | 47 | 30 | 28 | 152 | 260 | 43 |
| Investments | 0 | 86 | 89 | 4 | 4 | 4 | 4 | 0 | 0 | 131 | 153 | 158 |
| 947 | 1,111 | 883 | 1,030 | 1,116 | 1,334 | 1,992 | 2,327 | 2,715 | 3,393 | 3,718 | 4,190 | |
| Total Assets | 2,059 | 3,379 | 3,345 | 3,301 | 3,439 | 3,846 | 4,969 | 5,329 | 5,638 | 6,743 | 7,120 | 8,526 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 26 | 213 | 30 | 291 | 201 | 120 | 522 | 328 | 183 | 254 | -33 | 295 | |
| -239 | -446 | -98 | -89 | -374 | -269 | -154 | -104 | -80 | -490 | -317 | -356 | |
| 178 | 254 | 123 | -187 | 147 | 159 | -201 | -114 | -232 | 152 | 335 | 133 | |
| Net Cash Flow | -35 | 21 | 55 | 15 | -27 | 10 | 166 | 111 | -129 | -84 | -15 | 72 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2014 | Jun 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 130 | 85 | 50 | 46 | 56 | 59 | 72 | 32 | 49 | 49 | 37 | 42 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 130 | 85 | 50 | 46 | 56 | 59 | 72 | 32 | 49 | 49 | 37 | 42 |
| Working Capital Days | 128 | -14 | -120 | -57 | -40 | 47 | 29 | 70 | 49 | 78 | 138 | 173 |
| ROCE % | 8% | 2% | 2% | 8% | 8% | 7% | 3% | 6% | 11% | 16% | -1% | 8% |
Documents
Announcements
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Disclosures under Reg. 10(5) in respect of acquisition under Reg. 10(1)(a) of SEBI (SAST) Regulations, 2011
2 Jun - Promoter group to transfer 2.42 crore shares (8.07%) internally at market price post June 6, 2025.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 2 Jun
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Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011
2 Jun - Release of encumbrance on 17.18 million shares (5.73%) of Prime Focus by Bresino Projects.
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Disclosures under Reg. 31(1) and 31(2) of SEBI (SAST) Regulations, 2011.
2 Jun - Release of encumbrance on 42.7 million promoter shares after termination of sale agreements.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
28 May - Annual Secretarial Compliance Report FY25; minor non-compliance on foreign subsidiary director appointment.
Annual reports
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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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Financial Year 2011
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Concalls
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Jul 2021TranscriptNotesPPT
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Nov 2020TranscriptNotesPPT
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Sep 2020TranscriptNotesPPT
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Aug 2019TranscriptNotesPPT
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Jun 2019TranscriptNotesPPT
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Jun 2019TranscriptNotesPPT
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Jun 2019TranscriptNotesPPT
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Feb 2019TranscriptNotesPPT
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Nov 2018TranscriptNotesPPT
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Aug 2018TranscriptNotesPPT
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Jun 2018TranscriptNotesPPT
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Feb 2018TranscriptNotesPPT
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Nov 2017Transcript PPT
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Aug 2017TranscriptNotesPPT
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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 2016TranscriptNotesPPT
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May 2016TranscriptNotesPPT
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Feb 2016TranscriptNotesPPT
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Feb 2016TranscriptNotesPPT
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]