Creative Eye Ltd - Stock Valuation and Financial Performance

BSE: 532392 | NSE: CREATIVEYE | TV Broadcasting & Software Production | Small Cap

Creative Eye Share Price

4.45 -0.10 -2.20%
as on 19-Apr'24 16:01

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Creative Eye stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
8.9 Cr.
52-wk low:
3.1
52-wk high:
6.2

Is Creative Eye Ltd an attractive stock to invest in?

1. Is Creative Eye Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Creative Eye Ltd is a below average quality company.

2. Is Creative Eye Ltd undervalued or overvalued?

The key valuation ratios of Creative Eye Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Creative Eye Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Creative Eye Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Creative Eye:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Creative Eye Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 3.5%-7.3%-3.2%-2.1%-11.2%-12.6%-13.5%0.2%-2.5%0.4%-
Value Creation
Index
-0.8-1.5-1.2-1.2-1.8-1.9-2.0-1.0-1.2-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 17.613.55.117.37.728.918.16.13.121
Sales YoY Gr.--23.3%-62.2%239.6%-55.8%277.7%-37.4%-66.2%-49.8%-36.4%-
Adj EPS 0.7-1.7-0.7-0.6-2.2-2.5-2.2-0.1-0.6-0.2-1.3
YoY Gr.--343.5%NANANANANANANANA-
BVPS (₹) 20.618.918.218.816.614.211.811.911.511.310.4
Adj Net
Profit
1.4-3.4-1.4-1.1-4.4-5-4.5-0.3-1.2-0.4-3
Cash Flow from Ops. -0.1-4.1-1.71.6-4.7-10.1-0.6-2.2-0.5-
Debt/CF from Ops. -19.7-0.8-1.60.4-1-5.437.4-8.1-3-12.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -21.7%-23.9%-52.3%-36.4%
Adj EPS -186.7%NANANA
BVPS-6.5%-7.4%-1.5%-1.5%
Share Price 1.7% 17.1% 16% 8.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
3.4-8.5-3.8-3.1-12.5-16.1-17.3-1.2-4.9-1.7-12.4
Op. Profit
Mgn %
4.9-31-43.4-11.7-65.2-17.2-26.5-10.6-47.8-79.5-256.7
Net Profit
Mgn %
7.9-24.9-27.8-6.5-57.8-17.2-24.9-4.5-37.5-19.7-488.7
Debt to
Equity
0.10.10.100.10.20.20.20.30.3-
Working Cap
Days
6198051,9995771,3713795291,2082,1953,2702,238
Cash Conv.
Cycle
3605171,4023979962132524621,1542,1131,583

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -52.34%

Sales growth is not so good in last 4 quarters at -61.36%

Latest Financials - Creative Eye Ltd.

Standalone Consolidated
TTM EPS (₹) -1.3 -
TTM Sales (₹ Cr.) 0.6 -
BVPS (₹.) 10.4 -
Reserves (₹ Cr.) 11 -
P/BV 0.43 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 3.11 / 6.20
All Time Low / High (₹) 0.95 / 70.00
Market Cap (₹ Cr.) 8.9
Equity (₹ Cr.) 10
Face Value (₹) 5
Industry PE 18.1

Management X-Ray of Creative Eye:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Creative Eye

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales17.6113.505.1017.327.6628.9318.116.133.081.96
Operating Expenses 16.7517.687.3119.3412.6633.9122.906.784.553.52
Manufacturing Costs14.0215.236.8014.4612.9428.3116.222.340.550.22
Material Costs0.360.14-1.822.09-4.311.341.49-2.141.180
Employee Cost 1.181.191.231.291.711.671.821.761.651.65
Other Costs 1.201.131.101.512.332.593.374.811.171.65
Operating Profit 0.86-4.18-2.21-2.02-5-4.98-4.79-0.65-1.47-1.56
Operating Profit Margin (%) 4.9%-31.0%-43.4%-11.7%-65.2%-17.2%-26.5%-10.6%-47.8%-79.5%
Other Income 1.561.521.253.450.970.900.870.951.291.97
Interest 0.140.400.200.440.240.660.430.460.630.70
Depreciation 0.610.290.250.450.310.220.160.110.090.08
Exceptional Items 0000000000
Profit Before Tax 1.66-3.36-1.410.53-4.57-4.97-4.50-0.27-0.90-0.37
Tax 0.27000-0.140000.040
Profit After Tax 1.39-3.36-1.410.53-4.43-4.97-4.50-0.27-0.94-0.37
PAT Margin (%) 7.9%-24.9%-27.7%3.1%-57.8%-17.2%-24.9%-4.5%-30.6%-19.0%
Adjusted EPS (₹)0.7-1.7-0.70.3-2.2-2.5-2.2-0.1-0.5-0.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 41.3837.9436.5337.6633.3428.4723.7423.8123.0322.69
Share Capital 10.0310.0310.0310.0310.0310.0310.0310.0310.0310.03
Reserves 31.3527.9126.5027.6323.3118.4413.7113.781312.66
Minority Interest0000000000
Debt2.313.162.720.504.505.314.725.106.395.60
Long Term Debt0.210.140.070000000
Short Term Debt2.113.022.660.504.505.314.725.106.395.60
Trade Payables3.293.471.044.184.9810.146.173.701.891.09
Others Liabilities 0.880.700.471.040.871.581.141.080.810.67
Total Liabilities 47.8645.2740.7743.3843.6945.5135.7733.6832.1230.05

Fixed Assets

Gross Block23.8924.1124.1310.5910.6110.6510.6510.6110.6110.61
Accumulated Depreciation21.1421.5121.768.548.859.089.239.349.449.52
Net Fixed Assets2.752.602.372.041.751.581.421.261.171.09
CWIP 0000000000
Investments 0.050.050.050.720.770.810.620.941.091.10
Inventories10.7310.6012.4210.3314.6513.3111.8213.9612.7812.78
Trade Receivables10.6311.707.1913.358.1712.173.930.100.100.03
Cash Equivalents 15.0813.0612.0812.1012.0912.1712.2212.3711.8910.68
Others Assets8.627.256.664.836.265.475.765.055.104.37
Total Assets 47.8645.2740.7743.3843.6945.5135.7733.6832.1230.05

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -0.12-4.12-1.701.61-4.65-0.980.13-0.63-2.15-0.45
PBT 1.66-3.36-1.410.53-4.57-4.97-4.50-0.27-0.90-0.37
Adjustment -0.89-1.20-0.91-0.010.291.011.353.13-0.57-0.21
Changes in Working Capital -0.96-0.810.18-0.61-0.063.393.58-4.27-0.42-0.53
Tax Paid 0.071.240.441.70-0.31-0.41-0.300.78-0.260.66
Cash Flow From Investing Activity 1.181.271.151.060.830.870.860.861.010.71
Capex -0.31-0.22-0.01-0.01-0.020000.050.01
Net Investments 0000.01000000
Others 1.491.491.161.070.850.870.860.860.960.69
Cash Flow From Financing Activity 0.900.84-0.43-2.643.800.19-0.94-0.090.66-1.46
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 000-0.42-0.20-0.62-0.35-0.46-0.63-0.67
Dividend Paid 0000000000
Others 0.900.84-0.43-2.2240.81-0.590.381.29-0.79
Net Cash Flow 1.97-2.01-0.990.03-0.020.080.050.15-0.48-1.21
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)3.42-8.48-3.81.43-12.47-16.08-17.25-1.15-4.02-1.63
ROCE (%)4.23-6.97-3.032.51-11.4-12.03-13.080.66-0.931.14
Asset Turnover Ratio0.380.290.120.410.180.650.450.180.090.06
PAT to CFO Conversion(x)-0.09N/AN/A3.04N/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days2153026762165121281621201112
Inventory Days2262888242405951762537681,5852,378
Payable Days3,5359,095-451456-3872,0572,004-8418630

Creative Eye Ltd Stock News

Creative Eye Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Creative Eye on 19-Apr-2024 16:01 is ₹4.45.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 19-Apr-2024 16:01 the market cap of Creative Eye stood at ₹8.93.
The latest P/E ratio of Creative Eye as of 19-Apr-2024 16:01 is 0.00.
The latest P/B ratio of Creative Eye as of 19-Apr-2024 16:01 is 0.43.
The 52-week high of Creative Eye is ₹6.20 and the 52-week low is ₹3.11.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Creative Eye is ₹0.55 ( Cr.) .

About Creative Eye Ltd

Creative Eye Ltd. was incorporated in 1986 and was converted into public limited company in 1996. It started off with its first serial Kahan Gaye Woh Log which was telecast on DD. This was followed by Adalat, Sansar. In 1997 it began producing Om Namah Shivay, which has been consistently rated among the top five programs on DD. It diversified into sports programming also. Since 1986, the company on a regular basis, has been adding to its production equipment, post production equipment, vehicles and premises. The company has been promoted by Dheeraj Kumar Kochhar and Zuby Kochhar.

Creative Eye Ltd. is presently engaged in the production of TV software for Doordarshan and other satellite channels. The company is present in all the activities of the production process, which involves conceiving the programs, getting approval from channels, scripting, establishing production teams, pre-production, production, post production, marketing air time, getting the program telecast.

A corporate house, involved in producing different genre of television programming for various television networks worldwide. They have been entertaining audience’s all over since their inception. Creative Eye Limited houses highly skilled production and programming teams and state of the art production infrastructure to produce feature films and television programs of high entertainment value.

The company has good presence in mythological segment which has excellent mass market potential, through the serial ‘Om Namah Shivay’ on DD. It has launched ‘Shree Ganesh’ on Sony Entertainment television.

The company over the last 14 years, built up a software library of 1000 hours of programming content which can be used for repeat telecast over a period of time. During the period 1998-2000 the company has marketed a total of 44 Hindi feature films on DD and its allied channels. During the financial year 2001 it proposes to market 64 feature films on the same channels. The company also started telecasting various programmes in South Indian languages.

The company is engaged in the business of:

  • TV Serials
  • Commercials
  • Movies

Achievements/ recognition

  • Dheeraj Kumar, CMD of Creative Eye Ltd has been honoured by The Indian Television Academy by presenting The Lifetime Achievement Award 'Scroll of Honour' on its 7th Annual Academy Awards Function held on November 24, 2007 in Mumbai. The award was given for Creative Eye's contribution for the growth of television industry in India in its journey of 21 years.
  • Creative Eye Ltd bags maximum awards on the Zee-'Rishton Ka Bandhan' award function held on October 26, 2007. Out of the total nineteen categories, the company bagged awards in six categories.
  • Creative Eye Limited’s serial titled “Ghar Ki Lakshmi Betiyann” being aired on Zee TV has won “The Best Serial of the Year” at the prestigious “RAPA AWARDS” for the year 2006.
  • Creative Eye Limited has made a world record in limca books of records for making five mythological tele serials - Om namah shivay (1997), Jap tap vrat(2000), Shree ganesh(2000), Jai santoshi maa(2000) and Om namho narayan(2001) - the highest number of mythological produced by a single enterprise. The total number of hours of original telecast of the five serials between 1997-June 2003 add up to 437.50 hours. Maximum numbers of hours of mythology by any single enterprise.
  • Creative Eye Limited has made a national record in limca books of records for launching country's first 3-d plus film aabra ka daabra, produced by Zuby kochar and directed by Dheeraj kumar. The two hour film is the first one to use a 3d plus technology under technical director Ramesh meer's expertise. This technology is indigenously developed by Creative Eye ltd and FX factory.
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