As of 6 Nov 2026, Panorama Studios International trades at 68.2× trailing earnings, above the industry P/E of 49.3×. Sales and net profit fell 7.2% and 25% a year over 3 years, with ROCE of 9.9% and ROE of 7.6%. Debt is 0.59× equity. It is a small-cap company with a market cap of ₹1,634 Cr, ranked 10th of 55 Entertainment companies by market cap; the shares rose 35% over the past year.
- ₹62.99
- ₹63.06
- ₹60.64
- ₹63.06
- 1 L
Health check
- ReturnsBehind
+35.1% over a year, better than 2 of 7 peers.
- Price tagPricier
P/E 68.2 vs industry 49.3.
- GrowthShrinking
Sales −7.2%, profit −25.1% a year over 3 years.
- ProfitabilityWeak
ROCE 9.9% vs peer median 15.5%.
- Balance sheetFair
Debt 0.59× equity, interest covered 2.7×.
- Red flags2 to check
Return on equity is low at 7.6%.
Small cap
Defensive
Key metrics
- Market cap
- ₹1,634 Cr
- Small cap
- P/E
- 68.2
- Industry 49.3
- Price to book
- 7.45
- Peers 6.52
- Dividend yield
- 0.00%
- ROE
- 7.6%
- Peers 11.6%
- ROCE
- 9.9%
- Peers 15.5%
- Debt to equity
- 0.59
- Debt ₹130 Cr
- EPS (TTM)
- ₹0.92
- Face value ₹2
- OPM (TTM)
- 10.7%
- Net margin 6.8%
- Sales growth
- +34.3%
- Latest quarter vs a year ago
- Profit growth
- +165.7%
- Latest quarter vs a year ago
- Price to sales
- 4.60
- EV/EBITDA 44.6
Strengths and risks
Strengths
- Quarterly profit up 165.7% on a year ago.
- Quarterly sales up 34.3% on a year ago.
Risks to check
- Return on equity is low at 7.6%.
- Interest coverage of only 2.7×.
About Panorama Studios International
Panorama Studios International Limited, together with its subsidiaries, engages in the production and distribution of media entertainment and content in India. It offers film production, project development, post production, film distribution, music, talent management, equipment rental, publicity and design, syndication, and line production services. The company was formerly known as Apunka Invest Commercial Limited. Panorama Studios International Limited…
- Headquarters
- Mumbai
- Employees
- 73
- Sector
- Communication Services
- ISIN
- INE258R01028
- Website
- panoramastudios.in
Price range
- Avg volume (3M)
- 8.8 L
- 1-year return
- plus 35.1%
- From 52-week high
- minus 9.8%
Peers · Entertainment
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| PFOCUSPrime Focus | 285.20 | minus 1.06% | 22,211 | 160.2 | 10.61 | 23.0% | 15.4% | 30.4% | −0.3% | 14.1% | 0.00% | plus 60.2% |
| PVRINOXPVR INOX | 1,565.60 | minus 1.00% | 15,050 | 35.8 | 2.08 | 7.1% | 6.0% | 33.2% | 20.9% | – | 0.00% | plus 36.1% |
| SAREGAMASaregama India | 619.65 | minus 1.96% | 11,895 | 49.3 | 6.52 | 16.0% | 13.9% | 35.5% | 10.6% | 3.8% | 0.73% | plus 39.7% |
| TIPSMUSICTips Music | 769.25 | plus 0.75% | 9,782 | 43.3 | 30.29 | 110.2% | 78.1% | 69.7% | 26.2% | 41.5% | 1.49% | plus 45.1% |
| JOJOJOJO | 109.80 | plus 0.14% | 7,572 | 163.9 | 20.64 | 15.5% | 11.6% | 46.5% | 525.5% | 694.1% | 0.01% | plus 159.8% |
| NETWORK18Network18 Media & Investments | 26.83 | minus 1.18% | 4,144 | – | 0.82 | 6.8% | −0.4% | 3.0% | −30.8% | – | 0.00% | minus 44.1% |
| IMAGICAAImagicaaworld Entertainment | 43.61 | plus 1.37% | 2,570 | 174.4 | 1.38 | 1.8% | 0.1% | 33.1% | 13.0% | −87.9% | 0.00% | minus 14.7% |
| PANORAMAPanorama Studios International | 62.71 | minus 0.56% | 1,634 | 68.2 | 7.45 | – | 10.9% | 10.2% | – | – | 0.00% | plus 35.1% |
| Median of 7 peers | – | −1.00% | 9,782 | 104.7 | 6.52 | 15.5% | 11.6% | 33.2% | 13.0% | 14.1% | 0.00% | 39.7% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 136 | 77.9 | 29.5 | 64.8 | 183 | |
| 129 | 74.1 | 28 | 51.9 | 163 | |
| 7.6 | 3.7 | 1.5 | 12.9 | 20 | |
| 5.6% | 4.8% | 5.0% | 19.9% | 10.9% | |
| 1.5 | 2.1 | 0.8 | 3.1 | 2.1 | |
| 2.9 | 2.8 | 2.7 | 2.6 | 3.8 | |
| 1.4 | 1.5 | 1.5 | 1.6 | 1.4 | |
| – | – | – | −0 | – | |
| 4.8 | 1.5 | −1.9 | 11.8 | 16.9 | |
| 26.9% | 45.5% | 21.0% | 39.6% | 24.9% | |
| 5.1 | 2 | −0.4 | 8.9 | 13.6 | |
| 0.20 | 0.08 | -0.02 | 0.34 | 0.52 |
Profit & loss
- Sales CAGR 3Y
- −7.2%
- Profit CAGR 3Y
- −25.1%
- EPS CAGR 3Y
- −29.5%
- ROE
- 7.6%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 327 | 402 | 319 | 261 | |
| – | +23.0% | minus 20.5% | minus 18.3% | |
| 271 | 340 | 258 | 232 | |
| 55.2 | 61.6 | 61.1 | 28.9 | |
| 16.9% | 15.3% | 19.1% | 11.1% | |
| 3.4 | 3.9 | 3.3 | 5.4 | |
| 7.7 | 11.7 | 7.3 | 10.7 | |
| 1.4 | 1 | 2.9 | 6 | |
| −0 | −0.7 | −0.6 | −1.3 | |
| 49.4 | 52.3 | 53.6 | 16.3 | |
| 28.5% | 26.9% | 25.9% | 38.6% | |
| 37.3 | 38.1 | 41.9 | 15.7 | |
| – | +2.3% | +9.9% | minus 62.6% | |
| 1.71 | 1.73 | 1.63 | 0.60 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 12.4 | 13.3 | 14.2 | 52.1 | |
| 48.7 | 121 | 178 | 169 | |
| 37.5 | 32.6 | 78.5 | 130 | |
| 143 | 291 | 283 | 470 | |
| 242 | 458 | 553 | 821 | |
| 2.8 | 5.9 | 57 | 58.2 | |
| – | 0.8 | 8.2 | 12.1 | |
| 0.1 | 0.1 | 3 | 4.7 | |
| 13.7 | 77.3 | 74.5 | 61.5 | |
| 225 | 374 | 411 | 684 | |
| 242 | 458 | 553 | 821 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 46.4 | −7.8 | −25.9 | −4.2 | |
| −2.6 | −10.3 | −31.5 | −50.4 | |
| −39.3 | 21.6 | 53.4 | 56.8 | |
| 4.5 | 3.5 | −4 | 2.2 | |
| −1.6 | −3.2 | −41.9 | −5.5 | |
| 44.8 | −11 | −67.8 | −9.7 | |
| – | – | −1.3 | −1.5 |
Shareholding pattern
NSE hasn’t returned a shareholding pattern for this company.
Major shareholders
Filings & events
News
No recent news coverage found.