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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Shemaroo Entertainment Ltd

About the Company - Shemaroo Entertainment Ltd

Shemaroo Entertainment Ltd. is a Public Limited Listed company incorporated on 23/12/2005 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L67190MH2005PLC158288 and registration number is 158288. Currently Company is involved in the business activities of Motion picture, video and television programme distribution activities. Company’s Total Operating Revenue is Rs. 368.01 Cr. and Equity Capital is Rs. 27.18 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Entertainment & MediaShemaroo House, Plot No.18, Mumbai Maharashtra 400059shemaroo@shemaroo.com
http://www.shemarooent.com
Management
NamePosition Held
Mr. Raman MarooChairman & Managing Director
Mr. Atul MaruJoint Managing Director
Mr. Jai MarooExecutive Director
Mr. Hiren GadaDirector & CEO
Mr. Sunil Kumar BansalIndependent Director
Mr. Vasanji MamaniaIndependent Director
Mr. Gnanesh GalaIndependent Director
Dr. Reeta Bharat ShahIndependent Director

Shemaroo Entertainment Ltd. Share Price Update

Share PriceValue
Today₹174.35
Previous Day₹173.40

Basic Stock Data of Shemaroo Entertainment Ltd

Market Cap 464 Cr.
Current Price 171
High / Low240/101
Stock P/E
Book Value 219
Dividend Yield0.00 %
ROCE5.25 %
ROE1.61 %
Face Value 10.0

Data Source: screener.in

Competitors of Shemaroo Entertainment Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Zee Media Corporation Ltd 929 Cr. 14.918.3/7.35 5.290.00 %1.91 %10.6 % 1.00
TV Vision Ltd 26.4 Cr. 6.816.99/2.00 18.70.00 %31.9 %% 10.0
3rd Rock Multimedia Ltd Cr./%56.8 %71.1 %
New Delhi Television Ltd (NDTV) 1,631 Cr. 253308/167 42.90.00 %18.6 %15.7 % 4.00
Padmalaya Telefilms Ltd 5.76 Cr. 3.394.45/1.71 9.710.00 %0.72 %0.72 % 10.0
Industry Average192.43 Cr55.62015.320%21.99%19.62%5

Shemaroo Entertainment Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales887875123909496147150164154199156
Expenses816768113808588134140148146182174
Operating Profit711710109813917817-18
OPM %8%14%10%8%11%9%8%9%6%10%5%9%-11%
Other Income0-000012110112
Interest7776667788999
Depreciation2222221111111
Profit before tax-22-12222517-27-26
Tax %-8%13%2%-30%8%26%74%28%-11%38%32%27%-15%
Net Profit-22-13220315-15-30
EPS in Rs-0.560.80-0.501.000.680.750.091.240.321.78-0.491.80-11.01

Shemaroo Entertainment Ltd Quarterly Chart

Shemaroo Entertainment Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales182215265323375426489568513311381557666
Expenses135157200236267298346410436299344509615
Operating Profit475765881081281421587713374751
OPM %26%27%25%27%29%30%29%28%15%4%10%9%8%
Other Income51112312-31133
Interest19181922233231262428263135
Depreciation3334445687755
Profit before tax29374363839410812842-2251514
Tax %26%34%38%35%37%36%34%36%27%1%2%36%
Net Profit212327415159718230-2251010
EPS in Rs10.5511.8113.6815.0519.1922.7226.1830.5211.09-7.901.943.443.41
Dividend Payout %5%4%4%8%7%6%6%5%-0%-0%-0%-0%

Shemaroo Entertainment Ltd Profit & Loss Yearly Chart

Shemaroo Entertainment Ltd Growth

Compounded Sales Growth
10 Years:10%
5 Years:3%
3 Years:3%
TTM:39%
Compounded Profit Growth
10 Years:-9%
5 Years:-33%
3 Years:-35%
TTM:-442%
Stock Price CAGR
10 Years:%
5 Years:-13%
3 Years:36%
1 Year:37%
Return on Equity
10 Years:8%
5 Years:4%
3 Years:0%
Last Year:2%

Shemaroo Entertainment Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital20202027272727272727272727
Reserves106129155290338399466545570549555565569
Borrowings110122183137212296201202251269254321326
Other Liabilities3625553435583756543153126156
Total Liabilities2722954124886137807318309028778891,0381,079
Fixed Assets36353430303533323427223643
CWIP00-0-01-0-000-0-01-0
Investments109917877633333
Other Assets2262513694425747386917928658478649991,033
Total Assets2722954124886137807318309028778891,0381,079

Shemaroo Entertainment Ltd Reserves and Borrowings Chart

Shemaroo Entertainment Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 15-1-19-30-49-5813332-81044-17
Cash from Investing Activity -6-1-1-9-4-4-14-3-6-1-2-19
Cash from Financing Activity -9-320415362-119-2913-9-4136
Net Cash Flow-0-5-02-1-0-1-0-001-1

Shemaroo Entertainment Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days18312119414310416310510275645483
Inventory Days4635687477491,058698
Days Payable713220297389
Cash Conversion Cycle18312158667983188410510275641,040692
Working Capital Days329365393423485552476469567937757563
ROCE %22%22%20%21%20%20%20%21%9%1%4%5%

Shemaroo Entertainment Ltd Financial Efficiency Indicators Chart

Shemaroo Entertainment Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters65.88%65.88%65.88%65.88%65.88%65.88%65.88%65.88%65.88%65.88%65.88%65.88%
FIIs10.18%10.50%7.32%3.95%3.32%0.25%0.23%0.21%0.18%0.18%0.09%0.09%
Public23.94%23.62%26.80%30.18%30.80%33.87%33.89%33.91%33.93%33.93%34.03%34.03%
No. of Shareholders12,09211,10314,90514,18713,94914,03213,72614,17914,72614,36813,82813,859

Shemaroo Entertainment Ltd Shareholding Pattern Chart

No. of Shemaroo Entertainment Ltd Shareholders

This stock is not held by any mutual fund

Shemaroo Entertainment Ltd ROCE Trend

Shemaroo Entertainment Ltd EPS Trend

Shemaroo Entertainment Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)3.451.94-7.9011.0930.52
Diluted EPS (Rs.)3.451.94-7.9011.0930.52
Cash EPS (Rs.)5.434.31-5.3813.9632.47
Book Value[Excl.RevalReserv]/Share (Rs.)216.11212.31210.36218.11208.80
Book Value[Incl.RevalReserv]/Share (Rs.)216.11212.31210.36218.11208.80
Revenue From Operations / Share (Rs.)204.77140.30114.46188.78208.90
PBDIT / Share (Rs.)18.6513.875.0029.3558.75
PBIT / Share (Rs.)16.7311.432.3326.5956.70
PBT / Share (Rs.)5.451.90-8.1415.3547.24
Net Profit / Share (Rs.)3.511.87-8.0511.2030.41
NP After MI And SOA / Share (Rs.)3.441.94-7.9011.0930.52
PBDIT Margin (%)9.109.884.3615.5428.12
PBIT Margin (%)8.178.142.0314.0827.14
PBT Margin (%)2.661.35-7.108.1322.61
Net Profit Margin (%)1.711.33-7.035.9314.55
NP After MI And SOA Margin (%)1.681.38-6.905.8714.60
Return on Networth / Equity (%)1.580.90-3.725.0414.50
Return on Capital Employeed (%)7.525.261.0611.6226.82
Return On Assets (%)0.900.59-2.453.349.99
Long Term Debt / Equity (X)0.020.010.030.030.00
Total Debt / Equity (X)0.520.420.450.400.34
Asset Turnover Ratio (%)0.550.410.340.550.69
Current Ratio (X)2.292.882.973.083.09
Quick Ratio (X)0.590.490.400.530.73
Dividend Payout Ratio (NP) (%)0.000.000.000.005.07
Dividend Payout Ratio (CP) (%)0.000.000.000.004.75
Earning Retention Ratio (%)0.000.000.000.0094.93
Cash Earning Retention Ratio (%)0.000.000.000.0095.25
Interest Coverage Ratio (X)1.651.460.473.276.21
Interest Coverage Ratio (Post Tax) (X)1.311.200.232.504.21
Enterprise Value (Cr.)595.09602.54428.47371.021279.05
EV / Net Operating Revenue (X)1.071.581.380.722.25
EV / EBITDA (X)11.7415.9831.524.658.01
MarketCap / Net Operating Revenue (X)0.510.960.570.261.91
Retention Ratios (%)0.000.000.000.0094.92
Price / BV (X)0.480.630.300.221.90
Price / Net Operating Revenue (X)0.510.960.570.261.91
EarningsYield0.030.01-0.120.210.07

Shemaroo Entertainment Ltd Profitability Ratios (%)

Shemaroo Entertainment Ltd Liquidity Ratios

Shemaroo Entertainment Ltd Liquidity Ratios (%)

Shemaroo Entertainment Ltd Interest Coverage Ratios (X)

Shemaroo Entertainment Ltd Valuation Ratios

Fair Value / Intrinsic Value of Shemaroo Entertainment Ltd

Fair Value: ₹53.95

The stock is overvalued by 68.45% compared to the current price ₹171

*Investments are subject to market risks

Strength and Weakness of Shemaroo Entertainment Ltd

StrengthWeakness
  1. The stock has a high average ROCE of 15.42%, which is a positive sign.
  2. The company has higher reserves (402.77 cr) compared to borrowings (221.85 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (405.46 cr) and profit (49.15 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 22.76 and average Dividend Yield of 11.91%.
  2. The stock has a high average Working Capital Days of 526.33, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 360.25, which may not be favorable.

Should I Buy Shemaroo Entertainment Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Shemaroo Entertainment Ltd:
    1. Net Profit Margin: 1.71%
      • 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: 7.52% (Industry Average ROCE: 7.92%)
      • 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. Interest Coverage Ratio (Post Tax): 1.31
      • 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.
    4. Quick Ratio: 0.59
      • 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.
    5. ✓ Stock P/E of N/A (Industry average Stock P/E: 57.82)
      • 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.
    6. ✓ Total Debt / Equity: 0.52
      • 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 suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

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 Shemaroo Entertainment 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