Balaji Telefilms Ltd
Incorporated in 1994, Balaji Telefilms Ltd is in the business of production of TV content, Films, event business, B2C and B2B digital content business and operates a SVOD, OTT platform, etc.[1]
- Market Cap ₹ 723 Cr.
- Current Price ₹ 60.4
- High / Low ₹ 95.8 / 49.0
- Stock P/E
- Book Value ₹ 43.3
- Dividend Yield 0.00 %
- ROCE 8.48 %
- ROE 4.56 %
- Face Value ₹ 2.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 98.4 to 77.6 days.
- Company's working capital requirements have reduced from 207 days to 140 days
Cons
- Company has low interest coverage ratio.
- Promoter holding has decreased over last quarter: -2.31%
- Promoter holding is low: 31.9%
- Company has a low return on equity of -11.8% over last 3 years.
- Earnings include an other income of Rs.5.01 Cr.
- Company's cost of borrowing seems high
* 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.
Peer comparison
Sector: Entertainment Industry: Entertainment / Electronic Media Software
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
186 | 407 | 346 | 293 | 419 | 413 | 428 | 574 | 294 | 337 | 593 | 625 | 522 | |
178 | 429 | 340 | 288 | 438 | 465 | 533 | 563 | 398 | 459 | 612 | 579 | 514 | |
Operating Profit | 8 | -22 | 6 | 5 | -20 | -52 | -105 | 11 | -104 | -122 | -19 | 46 | 8 |
OPM % | 4% | -5% | 2% | 2% | -5% | -13% | -25% | 2% | -35% | -36% | -3% | 7% | 1% |
18 | 18 | 11 | 13 | 20 | 10 | 32 | 9 | 24 | 7 | 13 | 6 | 5 | |
Interest | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 3 | 2 | 2 | 8 | 11 | 6 |
Depreciation | 8 | 6 | 8 | 9 | 13 | 18 | 18 | 39 | 29 | 15 | 10 | 8 | 8 |
Profit before tax | 18 | -11 | 8 | 9 | -13 | -60 | -91 | -22 | -110 | -131 | -24 | 33 | -1 |
Tax % | 20% | 53% | 34% | 140% | 131% | -22% | 7% | 166% | 8% | 2% | 57% | 42% | |
15 | -17 | 6 | -4 | -30 | -46 | -98 | -59 | -119 | -133 | -38 | 19 | -12 | |
EPS in Rs | 2.24 | -2.64 | 0.86 | -0.47 | -3.71 | -4.46 | -9.63 | -5.81 | -11.75 | -13.09 | -3.67 | 1.95 | -0.92 |
Dividend Payout % | 18% | -30% | 70% | -254% | -11% | -9% | -4% | -7% | -2% | -2% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 4% |
5 Years: | 8% |
3 Years: | 29% |
TTM: | -18% |
Compounded Profit Growth | |
---|---|
10 Years: | 10% |
5 Years: | 17% |
3 Years: | 29% |
TTM: | -136% |
Stock Price CAGR | |
---|---|
10 Years: | -1% |
5 Years: | 12% |
3 Years: | -5% |
1 Year: | -18% |
Return on Equity | |
---|---|
10 Years: | -9% |
5 Years: | -13% |
3 Years: | -12% |
Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 13 | 13 | 13 | 15 | 15 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 |
Reserves | 390 | 370 | 369 | 520 | 492 | 833 | 742 | 672 | 553 | 424 | 386 | 411 | 420 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 30 | 5 | 48 | 105 | 79 | 36 | |
46 | 52 | 48 | 74 | 121 | 96 | 118 | 166 | 189 | 186 | 183 | 198 | 126 | |
Total Liabilities | 449 | 435 | 430 | 609 | 628 | 949 | 880 | 888 | 767 | 679 | 694 | 709 | 602 |
27 | 22 | 28 | 34 | 36 | 42 | 38 | 59 | 27 | 22 | 22 | 22 | 17 | |
CWIP | 0 | 1 | 0 | 2 | 11 | 2 | 1 | 2 | 0 | 0 | 0 | 0 | 0 |
Investments | 150 | 197 | 177 | 218 | 198 | 474 | 300 | 126 | 43 | 19 | 10 | 30 | 19 |
272 | 215 | 224 | 355 | 384 | 431 | 542 | 701 | 697 | 638 | 662 | 656 | 566 | |
Total Assets | 449 | 435 | 430 | 609 | 628 | 949 | 880 | 888 | 767 | 679 | 694 | 709 | 602 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-82 | 39 | -2 | -107 | -13 | -104 | -178 | -134 | -10 | -120 | -47 | 66 | |
89 | -39 | 10 | -22 | 12 | -275 | 183 | 168 | 84 | 19 | 13 | -18 | |
-2 | -3 | -5 | 135 | 0 | 391 | -5 | -33 | -16 | 35 | 44 | -32 | |
Net Cash Flow | 5 | -3 | 4 | 6 | -1 | 12 | -0 | 1 | 58 | -65 | 10 | 16 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 78 | 35 | 71 | 101 | 85 | 83 | 84 | 112 | 149 | 123 | 95 | 78 |
Inventory Days | 192 | 1,316 | 2,094 | 1,439 | ||||||||
Days Payable | 93 | 963 | 1,219 | 1,099 | ||||||||
Cash Conversion Cycle | 78 | 35 | 71 | 200 | 439 | 958 | 84 | 453 | 149 | 123 | 95 | 78 |
Working Capital Days | 317 | 78 | 100 | 228 | 144 | 174 | 262 | 284 | 348 | 322 | 161 | 140 |
ROCE % | 1% | -5% | 1% | -0% | -4% | -7% | -11% | -3% | -18% | -24% | -5% | 8% |
Documents
Announcements
- Closure of Trading Window 22h
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Announcement under Regulation 30 (LODR)-Newspaper Publication
25 Mar - Copies of Newspaper Advertisement of the NCLT Convened General Meeting of the Company scheduled to be held on Friday, April 30, 2025 at 3:00 P.M. …
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Notice Convening The Meeting Of The Equity Shareholders Of Balaji Telefilms Limited ('The Company Or Transferee Company') Pursuant To Order Dated March 12, 2025 Of The National Company Law Tribunal, Mumbai Bench ("NCLT Order")
24 Mar - Notice for equity shareholders meeting on April 25, 2025.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
20 Mar - Of Investor/Analyst meet - Participation in Bharat Connect Conference - Rising Star 2025
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Order Of Hon'Ble National Company Law Tribunal, Mumbai Bench ('NCLT) In Relation To The Composite Scheme Of Arrangement Between ALT Digital Media Entertainment Limited (Transferor Company 1), Marinating Films Private Limited (Transferor Company 2) And Balaji Telefilms Limited
(Transferee Company) And Their Respective Shareholders ('The Scheme') Under Sections 230-232 Of The Companies Act, 2013 And Applicable Provisions And Rules Made Thereunder
18 Mar - NCLT approves composite scheme of arrangement for Balaji Telefilms.
Annual reports
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Financial Year 2024
from bse
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from nse
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Financial Year 2011
from bse
Concalls
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Nov 2023TranscriptNotesPPT
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Feb 2021TranscriptPPT
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Nov 2020TranscriptPPT
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Sep 2020TranscriptPPT
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Jul 2020TranscriptPPT
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Feb 2020TranscriptPPT
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Nov 2019TranscriptPPT
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Aug 2019TranscriptPPT
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May 2019TranscriptPPT
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Feb 2019TranscriptPPT
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Nov 2018TranscriptPPT
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Aug 2018TranscriptPPT
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May 2018TranscriptPPT
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Feb 2018TranscriptPPT
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Nov 2017TranscriptPPT
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Aug 2017TranscriptPPT
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Dec 2016TranscriptNotesPPT
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Nov 2015TranscriptNotesPPT
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Aug 2015TranscriptNotesPPT
Business Overview:[1][2]
BTL is one of India’s leading entertainment companies operating across television, movie and digital content production. It is amongst the largest content production houses in Asia and Middle East
a) TV:
Company has produced some very popular television serials in the country including the famous K Series of daily soaps such as Kyunki Saas Bhi Kabhi Bahu Thi, Kahaani Ghar Ghar Ki, Kasauti Zindagi Kay, Naagin 1 to Naagin 6, etc. Amongst current slate, Kundali Bhagya, Kumkum Bhagya, Bhagya Lakshmi and Yeh Hai Chahatein are very famous in India today
b) Films & Production:
Company has done production of different cinematic content across different genres.
It was involved in creating a number of commercial and critically acclaimed movies such as The Dirty Picture, LSD, Once Upon a Time in Mumbai, Ek Villain, Udtaa Punjab, Veere Di Wedding, Dream Girl, Freddy, Kathal and Dream Girl 2
c) Digital Platform:
ALT Digital Media Entertainment Limited
is a wholly owned subsidiary of the production house. It serves as a multi-device subscription Video on Demand (SVOD) Platform. Its offerings include premium, disruptive content and original series across genres, etc.