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Last Updated on: 05 December, 2024
Author: Getaka|Social: Getaka Financial Technology X (Earlier Twitter) Profile Getaka Financial Technology LinkedIn Logo
Stock Ticker - BSE: 532807 | NSE: CINELINE

Cineline India Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: December 4, 2024, 10:17 pm

Market Cap 391 Cr.
Current Price 113
High / Low186/96.2
Stock P/E
Book Value 40.8
Dividend Yield0.00 %
ROCE7.60 %
ROE3.15 %
Face Value 5.00
PEG Ratio0.00

Stock P/E, Current Price, and Intrinsic Value Over Time

View Share Price Target for Cineline India Ltd

Competitors of Cineline India Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Hathway Bhawani Cabletel & Datacom Ltd 15.8 Cr. 19.523.7/16.2 1.990.00 %2.26 %2.26 % 10.0
G V Films Ltd 136 Cr. 0.731.20/0.58 0.610.00 %2.27 %2.08 % 1.00
Encash Entertainment Ltd 11.3 Cr. 29.029.0/29.0 21.30.00 %3.81 %3.93 % 10.0
Diksat Transworld Ltd 255 Cr. 146149/126245 14.40.00 %3.36 %4.21 % 10.0
Cyber Media (India) Ltd 44.2 Cr. 28.444.0/18.818.0 0.650.00 %45.5 %% 10.0
Industry Average3,703.32 Cr161.51207.2252.880.14%37.14%10.85%5.86

All Competitor Stocks of Cineline India Ltd

Quarterly Result

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Sales391915302442453775693736
Expenses48129222233393153513333
Operating Profit-217582966231843
OPM %-67%6%39%36%25%7%21%14%16%30%26%12%9%
Other Income2111-228110122-3
Interest118886810107101077
Depreciation8444357758855
Profit before tax-19-10-4-5-417-6-10-662-7-13
Tax %-9%-25%-17%58%-19%0%-24%-27%-18%15%35%-2%-17%
Net Profit-17-8-3-7-317-5-7-552-6-11
EPS in Rs-6.10-2.60-1.07-2.44-1.105.37-1.50-2.22-1.491.590.48-1.90-3.08

Last Updated: September 12, 2024, 12:06 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 12, 2024, 12:06 pm

MonthMar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales10110215919219228624262945141190218
Expenses7576131162162247891534116148169
Operating Profit26262831303916171311244148
OPM %25%25%18%16%16%14%66%66%46%25%17%22%22%
Other Income151316-411172552742
Interest5368111510182235342935
Depreciation571917192145819222026
Profit before tax17201565-214108-38-5-4-11
Tax %32%32%27%-164%-8%-260%27%21%37%-6%-135%18%
Net Profit11141117541085-352-5-10
EPS in Rs3.522.721.71-11.780.53-1.32-2.91
Dividend Payout %5%31%30%20%0%0%0%0%0%0%0%0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2007-20082008-20092009-20102010-20112011-20122019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)27.27%-21.43%54.55%-70.59%-20.00%-20.00%-37.50%-800.00%105.71%-350.00%
Change in YoY Net Profit Growth (%)0.00%-48.70%75.97%-125.13%50.59%0.00%-17.50%-762.50%905.71%-455.71%

Cineline India Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2007-2008 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:%
5 Years:59%
3 Years:105%
TTM:6%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:%
TTM:-44%
Stock Price CAGR
10 Years:25%
5 Years:33%
3 Years:8%
1 Year:-8%
Return on Equity
10 Years:%
5 Years:-4%
3 Years:-10%
Last Year:-3%

Last Updated: Unknown

Balance Sheet

Last Updated: November 15, 2024, 1:31 am

MonthMar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital28282828282814141415161717
Reserves11012012513814314710010811394123132123
Borrowings6497828898125158171322322354350235
Other Liabilities434061457376163219188678191
Total Liabilities244285295298342375288325468449580577566
Fixed Assets74161194208217243231104391361485479190
CWIP513728204024-0-0-035919
Investments65290011-0-0-0-0-0-0-0
Other Assets54587370851085722177849089357
Total Assets244285295298342375288325468449580577566

Reserves and Borrowings Chart

Cash Flow

MonthMar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +-938352642-221-2107642
Cash from Investing Activity +-29-29-27-48-343-381461116-14
Cash from Financing Activity +29-13-524-1020-5-1412-94-40
Net Cash Flow-9-423-221-22323-2-13

Free Cash Flow

MonthMar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow-38.00-71.00-54.00-57.00-68.00-86.00-142.00-154.00-309.00-311.00-330.00-309.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

MonthMar 2007Mar 2008Mar 2009Mar 2010Mar 2011Mar 2012Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days29201613181442265526148
Inventory Days172654
Days Payable1,685411443
Cash Conversion Cycle29-1,6481613-367-37542265526148
Working Capital Days-6563640-54-203857016941-95-35
ROCE %11%8%8%6%8%10%8%-1%1%8%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters65.39%65.39%65.39%67.00%67.00%67.00%67.00%67.00%67.00%69.60%69.60%69.60%
FIIs0.01%0.07%0.05%0.00%0.02%0.05%0.02%0.00%0.00%0.00%1.10%1.35%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.47%0.00%0.00%
Public34.60%34.54%34.56%33.00%32.97%32.95%32.98%33.00%32.99%29.94%29.29%29.06%
No. of Shareholders18,72317,84617,71317,21017,78217,90717,63117,71816,94716,04916,05515,829

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue5.005.005.005.005.00
Basic EPS (Rs.)-1.400.54-12.191.712.73
Diluted EPS (Rs.)-1.400.54-12.191.712.73
Cash EPS (Rs.)7.677.44-5.394.544.66
Book Value[Excl.RevalReserv]/Share (Rs.)43.6244.0236.2145.2843.56
Book Value[Incl.RevalReserv]/Share (Rs.)43.6244.0236.2145.2843.56
Revenue From Operations / Share (Rs.)72.3244.5314.9510.209.16
PBDIT / Share (Rs.)19.988.785.4813.5111.93
PBIT / Share (Rs.)10.991.86-0.9110.689.99
PBT / Share (Rs.)-1.09-8.89-12.542.733.44
Net Profit / Share (Rs.)-1.320.52-11.781.712.73
NP After MI And SOA / Share (Rs.)-1.320.52-11.781.712.73
PBDIT Margin (%)27.6219.7136.63132.40130.13
PBIT Margin (%)15.194.17-6.12104.62108.99
PBT Margin (%)-1.51-19.96-83.8526.7237.50
Net Profit Margin (%)-1.831.17-78.7916.7529.74
NP After MI And SOA Margin (%)-1.831.17-78.7916.7529.74
Return on Networth / Equity (%)-3.031.19-32.543.776.25
Return on Capital Employeed (%)7.541.22-0.656.619.18
Return On Assets (%)-0.780.28-7.851.002.34
Long Term Debt / Equity (X)1.461.602.802.451.38
Total Debt / Equity (X)1.531.742.952.451.38
Asset Turnover Ratio (%)0.420.270.030.050.08
Current Ratio (X)0.630.551.551.691.26
Quick Ratio (X)0.600.531.551.681.26
Interest Coverage Ratio (X)1.650.810.471.701.82
Interest Coverage Ratio (Post Tax) (X)0.890.36-0.011.221.42
Enterprise Value (Cr.)633.90508.91594.81374.22219.84
EV / Net Operating Revenue (X)2.563.6213.2213.108.57
EV / EBITDA (X)9.2618.3636.089.896.58
MarketCap / Net Operating Revenue (X)1.682.086.723.082.02
Price / BV (X)2.792.102.780.690.42
Price / Net Operating Revenue (X)1.682.086.723.082.02
EarningsYield-0.010.01-0.110.050.14

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Cineline India Ltd as of December 5, 2024 is: 19.66

Calculation basis:

  • Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 5, 2024, Cineline India Ltd is Overvalued by 82.60% compared to the current share price 113.00

Default values used*: Default value of 15 for Stock P/E is used

Intrinsic Value of Cineline India Ltd as of December 5, 2024 is: 13.92

Calculation basis:

  • Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
  • P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
  • Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
  • Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
  • Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
  • EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 5, 2024, Cineline India Ltd is Overvalued by 87.68% compared to the current share price 113.00

Default values used*: Default value of 15 for Stock P/E is used

Last 5 Year EPS CAGR: -29.20%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a low average Cash Conversion Cycle of -42.83, which is a positive sign.
  2. The company has shown consistent growth in sales (131.15 cr) and profit (2.69 cr) over the years.
  1. The stock has a low average ROCE of 5.58%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 48.92, which may not be favorable.
  3. The company has higher borrowings (189.69) compared to reserves (121.23), which may suggest financial risk.

Stock Analysis

  • Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Cineline India Ltd:
    1. Net Profit Margin: -1.83%
      • Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
    2. ROCE: 7.54% (Industry Average ROCE: 37.14%)
      • ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
    3. ROE%: -3.03% (Industry Average ROE: 10.85%)
      • ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
    4. Interest Coverage Ratio (Post Tax): 0.89
      • Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
    5. Quick Ratio: 0.6
      • Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
    6. Stock P/E: 0 (Industry average Stock P/E: 207.22)
      • Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
    7. Total Debt / Equity: 1.53
      • Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
    The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
    Stock Rating:

About the Company - Qualitative Analysis

Cineline India Ltd. is a Public Limited Listed company incorporated on 22/05/2002 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L92142MH2002PLC135964 and registration number is 135964. Currently Company is involved in the business activities of Real estate activities with own or leased property. Company’s Total Operating Revenue is Rs. 12.34 Cr. and Equity Capital is Rs. 15.05 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Entertainment & Media2nd Floor, A & B wing, Vilco Centre, Subhash Road, Mumbai Maharashtra 400057investor@cineline.co.in
http://www.moviemax.co.in
Management
NamePosition Held
Mr. Rasesh B KanakiaChairman
Mr. Himanshu B KanakiaManaging Director
Mrs. Hiral KanakiaDirector
Mr. Shantilal Vershi HariaIndependent Director
Mr. Naushad PanjwaniIndependent Director
Mr. Anand BathiyaIndependent Director

FAQ

What is the latest intrinsic value of Cineline India Ltd?

The latest intrinsic value of Cineline India Ltd as on 05 December 2024 is ₹19.66, which is 82.60% lower than the current market price of ₹113.00. The stock has a market capitalization of 391 Cr. and recorded a high/low of ₹186/96.2 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹123 Cr and total liabilities of ₹566 Cr.

What is the Market Cap of Cineline India Ltd?

The Market Cap of Cineline India Ltd is 391 Cr..

What is the current Stock Price of Cineline India Ltd as on 05 December 2024?

The current stock price of Cineline India Ltd as on 05 December 2024 is 113.

What is the High / Low of Cineline India Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Cineline India Ltd stocks is 186/96.2.

What is the Stock P/E of Cineline India Ltd?

The Stock P/E of Cineline India Ltd is .

What is the Book Value of Cineline India Ltd?

The Book Value of Cineline India Ltd is 40.8.

What is the Dividend Yield of Cineline India Ltd?

The Dividend Yield of Cineline India Ltd is 0.00 %.

What is the ROCE of Cineline India Ltd?

The ROCE of Cineline India Ltd is 7.60 %.

What is the ROE of Cineline India Ltd?

The ROE of Cineline India Ltd is 3.15 %.

What is the Face Value of Cineline India Ltd?

The Face Value of Cineline India Ltd is 5.00.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Cineline India Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE