Fundamental Analysis of Eros International Media Ltd

About the Company - Eros International Media Ltd

Eros International Media Ltd. is a Public Limited Listed company incorporated on 19/08/1994 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L99999MH1994PLC080502 and registration number is 080502. Currently Company is involved in the business activities of Motion picture distribution. Company’s Total Operating Revenue is Rs. 218.68 Cr. and Equity Capital is Rs. 95.88 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
Entertainment & Media	901/902, Supreme Chambers, Off. Veera Desai Road Mumbai Maharashtra 400053	compliance.officer@erosintl.com http://www.erosplc.com

Management
Name	Position Held
Mr. Dhirendra Swarup	Non Exe.Chairman&Ind.Director
Mr. Sunil Arjan Lulla	Exec. Vice Chairman & Mang Dir
Mr. Vijay Thaker	Exec. Director & Co. Secretary
Mr. Pradeep Dwivedi	Executive Director & CEO
Mr. Manmohan Kumar Sardana	Ind. Non-Executive Director
Mrs. Urvashi Saxena	Ind. Non-Executive Director
Mr. Sagar Sadhwani	Non Exe.Non Ind.Director

Basic Stock Data of Eros International Media Ltd

Last Updated: July 26, 2024, 10:49 pm

Market Cap	187 Cr.
Current Price	19.4
High / Low	29.4/17.0
Stock P/E
Book Value	99.8
Dividend Yield	0.00 %
ROCE	3.64 %
ROE	11.1 %
Face Value	10.0
PEG Ratio	0.00

Data Source: screener.in

Eros International Media Ltd Quarterly Results

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Sales	60	108	20	64	222	68	37	223	14	407	7	43	32
Expenses	80	200	57	112	193	42	76	271	64	390	124	19	101
Operating Profit	-20	-93	-38	-49	29	26	-39	-48	-50	17	-118	24	-69
OPM %	-33%	-86%	-192%	-77%	13%	39%	-107%	-22%	-351%	4%	-1,807%	55%	-220%
Other Income	21	11	20	42	11	19	30	29	19	-3	18	19	28
Interest	28	24	24	6	13	12	15	15	19	19	11	7	8
Depreciation	3	3	2	2	2	2	2	2	2	2	1	1	1
Profit before tax	-29	-109	-44	-15	25	32	-26	-36	-51	-6	-112	35	-50
Tax %	5%	-11%	2%	14%	-7%	39%	1%	0%	-1%	-1%	0%	0%	-5%
Net Profit	-28	-120	-43	-13	27	20	-26	-36	-52	-6	-112	35	-53
EPS in Rs	-2.87	-12.71	-4.26	-1.35	3.52	1.31	-2.72	-3.60	-5.30	-0.53	-11.55	3.98	-5.47

Last Updated: July 11, 2024, 10:02 am

Eros International Media Ltd Quarterly Chart

Eros International Media Ltd Profit & Loss

Last Updated: July 10, 2024, 4:51 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Sales	944	1,068	1,135	1,421	1,583	1,400	960	1,031	814	262	373	681	471
Expenses	730	839	835	1,073	1,261	1,059	632	735	913	423	405	800	597
Operating Profit	214	228	300	349	321	341	328	296	-99	-161	-32	-120	-126
OPM %	23%	21%	26%	25%	20%	24%	34%	29%	-12%	-61%	-8%	-18%	-27%
Other Income	26	4	10	21	44	45	50	108	-1,433	104	93	76	54
Interest	22	9	38	40	35	55	81	77	71	106	55	69	56
Depreciation	6	6	5	7	9	10	10	9	12	10	7	7	6
Profit before tax	212	217	267	323	321	322	287	318	-1,615	-173	-1	-120	-135
Tax %	30%	28%	28%	24%	25%	24%	20%	16%	13%	-5%	-697%	-0%
Net Profit	149	156	193	247	242	243	231	266	-1,401	-181	-9	-120	-135
EPS in Rs	16.12	16.81	21.71	26.71	25.50	27.43	24.15	28.17	-146.94	-18.80	-0.79	-12.15	-13.40
Dividend Payout %	0%	9%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Eros International Media Ltd Profit & Loss Yearly Chart

Eros International Media Ltd Growth

Compounded Sales Growth
10 Years:	-4%
5 Years:	-7%
3 Years:	-6%
TTM:	43%

Compounded Profit Growth
10 Years:	%
5 Years:	%
3 Years:	%
TTM:	-35%

Stock Price CAGR
10 Years:	-22%
5 Years:	7%
3 Years:	-9%
1 Year:	-1%

Return on Equity
10 Years:	8%
5 Years:	2%
3 Years:	-9%
Last Year:	-11%

Last Updated: July 24, 2024, 5:51 pm

Eros International Media Ltd Balance Sheet

Last Updated: July 10, 2024, 4:51 pm

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Sep 2023
Equity Capital	92	92	92	92	94	94	95	96	96	96	96	96	96
Reserves	743	895	1,117	1,390	1,652	1,915	2,148	2,477	1,151	944	970	932	861
Borrowings	448	403	433	491	364	652	690	592	549	547	480	190	154
Other Liabilities	409	413	552	1,295	1,391	1,015	854	1,042	702	827	861	1,041	1,023
Total Liabilities	1,692	1,803	2,193	3,269	3,501	3,676	3,787	4,206	2,497	2,414	2,407	2,260	2,135
Fixed Assets	529	792	1,041	1,214	2,609	2,701	2,633	2,565	920	737	559	356	322
CWIP	428	439	579	1,018	32	26	71	91	89	178	172	43	0
Investments	52	8	8	0	0	0	0	0	0	0	0	0	0
Other Assets	683	564	566	1,036	859	949	1,083	1,551	1,488	1,499	1,677	1,860	1,812
Total Assets	1,692	1,803	2,193	3,269	3,501	3,676	3,787	4,206	2,497	2,414	2,407	2,260	2,135

Eros International Media Ltd Reserves and Borrowings Chart

Eros International Media Ltd Cash Flow

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Cash from Operating Activity	406	648	872	933	1,170	235	235	402	51	292	116	179
Cash from Investing Activity	-676	-668	-787	-1,076	-985	-500	-194	-234	108	-167	-8	261
Cash from Financing Activity	159	-64	7	33	-187	238	-33	-177	-154	-110	-130	-352
Net Cash Flow	-111	-84	92	-110	-1	-27	8	-8	5	15	-22	88

Eros International Media Ltd Financial Efficiency Indicators

Month	Mar 2012	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Debtor Days	95	73	66	135	92	136	266	281	248	667	593	348
Inventory Days					9
Days Payable					927
Cash Conversion Cycle	95	73	66	135	-826	136	266	281	248	667	593	348
Working Capital Days	14	14	-43	-96	-185	-44	28	11	-58	-116	75	-5
ROCE %	20%	17%	20%	20%	17%	16%	13%	13%	0%	-3%	3%	-4%

Eros International Media Ltd Financial Efficiency Indicators Chart

Eros International Media Ltd Share Holding Pattern

Month	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023
Promoters	62.24%	62.15%	60.90%	49.00%	48.07%	48.07%	48.07%	48.07%	48.05%	16.26%	16.26%	16.26%
FIIs	8.25%	11.30%	7.92%	7.91%	8.07%	8.22%	6.58%	5.83%	2.34%	2.39%	2.24%	2.06%
Government	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.01%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	29.50%	26.53%	31.17%	43.08%	43.85%	43.70%	45.34%	46.10%	49.61%	81.34%	81.49%	81.67%
No. of Shareholders	56,683	55,172	59,752	68,657	68,988	62,776	64,023	61,555	61,616	59,145	60,319	61,270

Eros International Media Ltd Shareholding Pattern Chart

No. of Eros International Media Ltd Shareholders

This stock is not held by any mutual fund

Eros International Media Ltd ROCE Trend

Eros International Media Ltd EPS Trend

Eros International Media Ltd Key Financial Ratios

Month	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	-12.48	-0.96	-18.90	-147.06	28.26
Diluted EPS (Rs.)	-12.48	-0.96	-18.90	-147.06	28.02
Cash EPS (Rs.)	-11.78	-0.19	-17.79	-145.22	28.85
Book Value[Excl.RevalReserv]/Share (Rs.)	108.09	112.45	109.91	131.80	270.38
Book Value[Incl.RevalReserv]/Share (Rs.)	108.09	112.45	109.91	131.80	270.38
Revenue From Operations / Share (Rs.)	70.97	38.92	27.33	85.08	107.98
PBDIT / Share (Rs.)	-4.57	6.36	-3.53	2.21	42.32
PBIT / Share (Rs.)	-5.29	5.60	-4.60	0.90	41.37
PBT / Share (Rs.)	-12.48	-0.11	-18.05	-168.93	33.26
Net Profit / Share (Rs.)	-12.49	-0.95	-18.87	-146.52	27.90
NP After MI And SOA / Share (Rs.)	-12.15	-0.79	-18.80	-146.94	28.17
PBDIT Margin (%)	-6.44	16.34	-12.90	2.59	39.19
PBIT Margin (%)	-7.44	14.39	-16.84	1.05	38.31
PBT Margin (%)	-17.58	-0.30	-66.04	-198.55	30.79
Net Profit Margin (%)	-17.59	-2.45	-69.03	-172.22	25.83
NP After MI And SOA Margin (%)	-17.12	-2.03	-68.80	-172.71	26.09
Return on Networth / Equity (%)	-11.34	-0.71	-17.33	-112.76	10.46
Return on Capital Employeed (%)	-3.82	3.84	-3.44	0.65	13.36
Return On Assets (%)	-5.15	-0.31	-7.46	-56.28	6.39
Long Term Debt / Equity (X)	0.00	0.04	0.00	0.00	0.03
Total Debt / Equity (X)	0.18	0.43	0.44	0.37	0.20
Asset Turnover Ratio (%)	0.29	0.11	0.12	0.23	0.24
Current Ratio (X)	0.88	0.66	0.50	0.54	0.82
Quick Ratio (X)	0.87	0.65	0.50	0.54	0.82
Interest Coverage Ratio (X)	-0.63	1.11	-0.31	0.29	5.22
Interest Coverage Ratio (Post Tax) (X)	-0.73	0.83	-0.49	3.16	4.44
Enterprise Value (Cr.)	308.83	764.53	660.10	511.51	1100.81
EV / Net Operating Revenue (X)	0.45	2.05	2.52	0.62	1.07
EV / EBITDA (X)	-7.04	12.53	-19.52	24.25	2.72
MarketCap / Net Operating Revenue (X)	0.30	0.80	0.91	0.10	0.72
Price / BV (X)	0.19	0.28	0.23	0.06	0.29
Price / Net Operating Revenue (X)	0.30	0.80	0.91	0.10	0.72
EarningsYield	-0.57	-0.02	-0.74	-17.15	0.35

Eros International Media Ltd Profitability Ratios (%)

Eros International Media Ltd Liquidity Ratios

Eros International Media Ltd Liquidity Ratios (%)

Eros International Media Ltd Interest Coverage Ratios (%)

Eros International Media Ltd Valuation Ratios

Fair Value

Fair Value: 169.49

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.

Undervalued: 773.66% compared to the current price 19.4

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

Intrinsic Value: 451.77

Calculation basis:

Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 2,228.70% compared to the current price 19.4

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

Last 5 Year EPS CAGR: 166.54%

*Investments are subject to market risks

Strength and Weakness of Eros International Media Ltd Stock

Strength	Weakness
The stock has a low average Working Capital Days of -33.75, which is a positive sign. The company has higher reserves (1,322.69 cr) compared to borrowings (461.00 cr), indicating strong financial stability. The company has shown consistent growth in sales (347.00 cr) and profit (141.31 cr) over the years.	The stock has a low average ROCE of 11.00%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 173.50, which may not be favorable.

FAQ

What is the latest fair value of Eros International Media Ltd?

The latest fair value of Eros International Media Ltd is ₹169.49.

What is the Market Cap of Eros International Media Ltd?

The Market Cap of Eros International Media Ltd is 187 Cr..

What is the current Stock Price of Eros International Media Ltd as on 27 July 2024?

The current stock price of Eros International Media Ltd as on 27 July 2024 is 19.4.

What is the High / Low of Eros International Media Ltd stocks in FY 2024?

In FY 2024, the High / Low of Eros International Media Ltd stocks is 29.4/17.0.

What is the Stock P/E of Eros International Media Ltd?

The Stock P/E of Eros International Media Ltd is .

What is the Book Value of Eros International Media Ltd?

The Book Value of Eros International Media Ltd is 99.8.

What is the Dividend Yield of Eros International Media Ltd?

The Dividend Yield of Eros International Media Ltd is 0.00 %.

What is the ROCE of Eros International Media Ltd?

The ROCE of Eros International Media Ltd is 3.64 %.

What is the ROE of Eros International Media Ltd?

The ROE of Eros International Media Ltd is 11.1 %.

What is the Face Value of Eros International Media Ltd?

The Face Value of Eros International Media Ltd is 10.0.