Baba Arts Ltd

Baba Arts Ltd

₹ 12.7 -1.32%
22 Nov - close price
About

Incorporated in 1999, Baba Arts Ltd provides Motion, Picture, Videotape & Television Programme Production Services[1]

Key Points

Business Overview:[1]
Company provides post-production services
to the entertainment industry in its studio
creates content for television, and digital platforms, and also does film production and distribution activity. The company also earns export income through the exploitation of intellectual property rights of entertainment content.

  • Market Cap 66.7 Cr.
  • Current Price 12.7
  • High / Low 21.9 / 11.4
  • Stock P/E 29.5
  • Book Value 4.97
  • Dividend Yield 0.00 %
  • ROCE 11.2 %
  • ROE 8.08 %
  • Face Value 1.00

Pros

  • Company is almost debt free.
  • Debtor days have improved from 33.3 to 21.0 days.
  • Company's working capital requirements have reduced from 405 days to 137 days

Cons

  • Stock is trading at 2.56 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 8.77% over last 3 years.
  • Earnings include an other income of Rs.1.26 Cr.

* 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
1.19 8.91 4.92 1.03 0.39 0.62 0.74 0.90 4.63 5.25 0.67 0.92 0.69
1.10 7.81 4.35 1.06 0.37 0.47 0.52 0.61 4.74 3.34 1.01 0.68 0.62
Operating Profit 0.09 1.10 0.57 -0.03 0.02 0.15 0.22 0.29 -0.11 1.91 -0.34 0.24 0.07
OPM % 7.56% 12.35% 11.59% -2.91% 5.13% 24.19% 29.73% 32.22% -2.38% 36.38% -50.75% 26.09% 10.14%
0.24 0.21 0.21 0.30 0.21 0.24 0.29 0.21 0.24 0.28 0.30 0.30 0.38
Interest 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.02 0.02 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.02
Profit before tax 0.31 1.29 0.76 0.26 0.22 0.38 0.50 0.49 0.12 2.18 -0.05 0.53 0.43
Tax % 48.39% 37.98% 27.63% 26.92% 27.27% 26.32% 16.00% 26.53% 25.00% 28.44% -60.00% 26.42% 25.58%
0.17 0.80 0.55 0.19 0.16 0.27 0.41 0.35 0.09 1.56 -0.02 0.39 0.33
EPS in Rs 0.03 0.15 0.10 0.04 0.03 0.05 0.08 0.07 0.02 0.30 -0.00 0.07 0.06
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
8.43 4.89 85.95 7.85 0.65 1.41 0.87 0.18 13.32 18.02 2.79 11.46 7.53
7.81 5.35 88.66 8.87 1.55 1.52 0.74 0.79 11.25 14.74 2.43 9.70 5.65
Operating Profit 0.62 -0.46 -2.71 -1.02 -0.90 -0.11 0.13 -0.61 2.07 3.28 0.36 1.76 1.88
OPM % 7.35% -9.41% -3.15% -12.99% -138.46% -7.80% 14.94% -338.89% 15.54% 18.20% 12.90% 15.36% 24.97%
0.96 0.28 0.32 1.24 1.15 1.17 1.50 1.13 1.20 0.90 1.04 1.02 1.26
Interest 0.07 0.07 0.03 0.00 0.01 0.01 0.00 0.02 0.01 0.01 0.01 0.00 0.00
Depreciation 0.28 0.27 0.20 0.14 0.13 0.10 0.05 0.04 0.05 0.06 0.06 0.05 0.05
Profit before tax 1.23 -0.52 -2.62 0.08 0.11 0.95 1.58 0.46 3.21 4.11 1.33 2.73 3.09
Tax % 31.71% -1.92% 0.00% 37.50% 0.00% -8.42% 11.39% 0.00% 13.08% 27.49% 23.31% 27.47%
0.84 -0.51 -2.63 0.04 0.11 1.03 1.39 0.45 2.80 2.98 1.02 1.97 2.26
EPS in Rs 0.08 -0.05 -0.25 0.00 0.01 0.17 0.26 0.09 0.53 0.57 0.19 0.38 0.43
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: 9%
5 Years: 67%
3 Years: -5%
TTM: 9%
Compounded Profit Growth
10 Years: 19%
5 Years: 7%
3 Years: -11%
TTM: 102%
Stock Price CAGR
10 Years: 5%
5 Years: 22%
3 Years: -7%
1 Year: -3%
Return on Equity
10 Years: 4%
5 Years: 9%
3 Years: 9%
Last Year: 8%

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 10.32 10.32 10.32 10.32 7.74 6.00 5.25 5.25 5.25 5.25 5.25 5.25 5.25
Reserves 24.34 23.84 21.02 21.06 14.97 12.32 10.88 11.32 14.13 17.11 18.13 20.11 20.83
0.00 1.31 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
1.65 24.93 1.10 0.61 0.54 0.66 0.54 0.59 0.37 1.40 0.86 2.67 1.76
Total Liabilities 36.31 60.40 32.44 31.99 23.25 18.98 16.67 17.16 19.75 23.76 24.24 28.03 27.84
2.61 2.40 1.94 1.79 1.67 1.56 1.50 1.49 1.49 1.45 1.40 1.36 1.40
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 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.03
33.70 58.00 30.50 30.20 21.58 17.42 15.17 15.67 18.26 22.31 22.84 26.67 26.41
Total Assets 36.31 60.40 32.44 31.99 23.25 18.98 16.67 17.16 19.75 23.76 24.24 28.03 27.84

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
-8.47 -5.74 14.26 4.81 -1.24 0.45 1.33 -0.41 -1.53 0.24 -1.81 4.88
1.04 0.15 0.22 1.23 1.45 -4.76 2.05 0.40 1.38 3.06 -0.21 -5.80
-0.72 1.25 -1.96 0.00 -7.75 -5.44 -3.58 -0.02 -0.01 -0.01 -0.01 0.00
Net Cash Flow -8.15 -4.34 12.52 6.04 -7.54 -9.75 -0.20 -0.02 -0.15 3.29 -2.03 -0.92

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 375.82 263.49 13.12 60.45 16.85 150.14 12.59 60.83 3.29 43.55 35.32 21.02
Inventory Days 1,016.52 108.77 419.36 0.00 109.62 77.13 403.33
Days Payable 54.78 15.47 248.51 3.28 25.52 45.00
Cash Conversion Cycle 1,337.57 263.49 13.12 153.74 187.70 150.14 12.59 60.83 109.63 95.16 35.32 379.35
Working Capital Days 1,159.08 2,357.94 58.18 363.61 4,548.46 1,677.45 3,822.01 17,479.44 316.77 214.50 864.75 136.64
ROCE % 4.02% -1.28% -7.75% 0.26% 1.59% 4.68% 9.06% 2.94% 17.91% 19.74% 5.86% 11.20%

Shareholding Pattern

Numbers in percentages

3 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.68% 74.68% 74.68% 74.68% 74.68% 74.68% 74.68% 74.68% 74.68% 74.68% 74.68% 74.68%
25.32% 25.32% 25.32% 25.31% 25.32% 25.32% 25.31% 25.32% 25.33% 25.31% 25.33% 25.31%
No. of Shareholders 3,7145,7606,7636,4256,4536,3906,2867,4797,7347,8607,7377,814

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