Vashu Bhagnani Industries Ltd

Vashu Bhagnani Industries Ltd

₹ 143 -4.78%
21 Nov - close price
About

Incorporated in 1986, Pooja Entertainment and Films Ltd is engaged in Film production and other related activities[1]

Key Points

Business Overview:[1][2]
Company is a part of Pooja Group promoted by Mr. Vashu Bhagnani, in Media and Entertainment Industry. It is in the business of entertainment and films through co-production, own production and distributing of films in India through music release, theatrical distribution, DVD and VCD release, television licensing and other new media distribution avenues. Modern Production FZ LLC is 100% Subsidiary of company

  • Market Cap 790 Cr.
  • Current Price 143
  • High / Low 410 / 51.0
  • Stock P/E 93.0
  • Book Value 20.9
  • Dividend Yield 0.00 %
  • ROCE 17.8 %
  • ROE 13.7 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has delivered good profit growth of 124% CAGR over last 5 years
  • Debtor days have improved from 334 to 154 days.

Cons

  • Stock is trading at 6.82 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 7.62% over last 3 years.
  • Company has high debtors of 154 days.

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.13 2.16 6.98 7.91 9.59 6.80 16.12 14.65 14.64 20.22 5.01 6.74 1.02
0.16 2.16 6.41 5.56 8.90 6.36 16.09 13.52 13.67 19.09 -0.90 1.88 0.37
Operating Profit -0.03 0.00 0.57 2.35 0.69 0.44 0.03 1.13 0.97 1.13 5.91 4.86 0.65
OPM % -23.08% 0.00% 8.17% 29.71% 7.19% 6.47% 0.19% 7.71% 6.63% 5.59% 117.96% 72.11% 63.73%
0.05 0.02 0.00 0.00 0.00 0.00 0.00 0.01 0.00 0.25 0.00 0.02 0.16
Interest 0.00 0.00 0.32 0.08 0.14 0.15 0.18 0.17 0.14 0.11 0.25 0.17 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.01 0.01
Profit before tax 0.02 0.02 0.25 2.27 0.55 0.29 -0.15 0.96 0.82 1.26 5.65 4.70 0.80
Tax % 50.00% 0.00% 36.00% 25.99% 20.00% 27.59% -400.00% 21.88% 29.27% 25.40% 41.24% 25.96% 6.25%
0.02 0.01 0.16 1.67 0.43 0.22 0.44 0.76 0.58 0.95 3.32 3.48 0.75
EPS in Rs 0.01 0.00 0.05 0.48 0.12 0.06 0.13 0.22 0.17 0.27 0.95 0.63 0.14
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
71.36 69.15 24.30 18.42 119.89 28.51 32.15 42.68 0.78 9.42 40.29 54.51 32.99
69.97 64.52 21.69 17.41 113.96 25.94 33.05 19.23 0.72 8.85 36.78 45.31 20.44
Operating Profit 1.39 4.63 2.61 1.01 5.93 2.57 -0.90 23.45 0.06 0.57 3.51 9.20 12.55
OPM % 1.95% 6.70% 10.74% 5.48% 4.95% 9.01% -2.80% 54.94% 7.69% 6.05% 8.71% 16.88% 38.04%
0.17 0.06 0.64 0.34 0.85 1.94 1.99 0.50 0.02 0.06 0.00 0.27 0.43
Interest 0.24 1.66 2.62 0.78 3.58 3.78 1.54 0.19 0.07 0.32 0.55 0.74 0.53
Depreciation 0.00 0.02 0.09 0.05 0.02 0.02 0.02 0.02 0.01 0.01 0.01 0.03 0.04
Profit before tax 1.32 3.01 0.54 0.52 3.18 0.71 -0.47 23.74 0.00 0.30 2.95 8.70 12.41
Tax % 0.00% 48.50% 44.44% 11.54% 24.53% 91.55% -123.40% -3.37% 33.33% 6.44% 35.63%
1.32 1.56 0.29 0.46 2.40 0.06 0.10 24.54 -0.04 0.19 2.77 5.61 8.50
EPS in Rs 0.38 0.45 0.08 0.13 0.69 0.02 0.03 7.01 -0.01 0.05 0.79 1.60 1.99
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: -2%
5 Years: 11%
3 Years: 312%
TTM: -37%
Compounded Profit Growth
10 Years: 14%
5 Years: 124%
3 Years: 422%
TTM: 325%
Stock Price CAGR
10 Years: %
5 Years: 122%
3 Years: 80%
1 Year: 185%
Return on Equity
10 Years: 17%
5 Years: 19%
3 Years: 8%
Last Year: 14%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 3.60 3.60 3.86 3.86 4.53 4.53 4.53 4.53 4.53 4.53 4.53 35.00 55.44
Reserves 1.51 2.56 2.85 3.32 5.72 5.78 5.88 30.43 30.39 30.58 33.35 8.96 60.44
12.02 16.10 12.33 0.99 37.34 22.80 4.83 0.48 2.91 8.67 12.42 11.61 0.00
28.72 16.22 4.85 19.18 16.92 36.25 55.76 47.76 23.30 18.11 45.07 36.25 27.11
Total Liabilities 45.85 38.48 23.89 27.35 64.51 69.36 71.00 83.20 61.13 61.89 95.37 91.82 142.99
0.17 0.22 0.13 0.08 0.10 0.09 0.07 0.06 0.05 0.04 0.08 0.05 0.04
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.59 0.59 0.59 4.09 0.00 0.00 1.29 1.29 1.29 1.29 1.29 1.81 52.92
45.09 37.67 23.17 23.18 64.41 69.27 69.64 81.85 59.79 60.56 94.00 89.96 90.03
Total Assets 45.85 38.48 23.89 27.35 64.51 69.36 71.00 83.20 61.13 61.89 95.37 91.82 142.99

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-9.10 -5.18 5.15 15.68 -37.69 16.96 19.15 4.01 -2.33 -5.48 -3.19 1.25
0.08 0.00 0.09 -3.49 4.21 1.86 -0.30 0.47 0.02 0.05 -0.05 -0.25
11.67 2.48 -5.77 -12.12 33.47 -18.21 -19.46 -4.52 2.41 5.44 3.20 -1.01
Net Cash Flow 2.65 -2.70 -0.53 0.07 0.00 0.62 -0.62 -0.05 0.09 0.01 -0.04 0.00

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 20.61 21.22 10.06 16.25 30.57 343.36 111.49 356.45 7,898.97 660.64 185.81 154.34
Inventory Days
Days Payable
Cash Conversion Cycle 20.61 21.22 10.06 16.25 30.57 343.36 111.49 356.45 7,898.97 660.64 185.81 154.34
Working Capital Days 66.44 117.55 297.56 106.81 140.11 398.16 140.78 279.22 16,481.15 1,604.14 441.19 360.45
ROCE % 14.72% 23.71% 15.40% 9.56% 24.25% 11.13% 4.43% 94.44% 0.19% 1.52% 7.44% 17.83%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
73.09% 73.09% 73.09% 73.09% 73.09% 73.09% 73.09% 73.09% 73.09% 73.09% 73.84% 73.84%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.04% 0.04%
26.91% 26.91% 26.91% 26.92% 26.92% 26.91% 26.92% 26.92% 26.91% 26.92% 26.12% 26.12%
No. of Shareholders 2,1752,2002,2251,9191,8131,7621,7241,5952,6302,4313,1293,199

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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