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Digikore Studios Ltd (DIGIKORE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: DIGIKORE Film Production, Distribution & Entertainment | Small Cap | Digikore Studios Share Price

BSE Share Price
Not Listed

Digikore Studios Ltd (DIGIKORE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: DIGIKORE Film Production, Distribution & Entertainment | Small Cap | Digikore Studios Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹73 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹6.7
TTM Sales
₹63.2 Cr.
Book Value per Share
₹32.8
P/E Ratio
8.56
Lower than its 5-year historical median
Industry PE
40.5
Price to Book (P/B)
1.75
Lower than its 5-year historical median
Price to Sales (P/S)
1.15
Lower than its 5-year historical median
EV/EBITDA
4.99
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
-18.67%
In line with industry median
Return on Capital Employed (ROCE)
-11.11%
Underperforms industry median
Return on Assets (ROA)
-10.40%
Operating Profit Margin
-12.8%
Net Profit Margin
-20.36%
Gross Profit Margin
-18.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-20.8%
Operating Profit Growth (1 Year)
-
-135.38%
Net Profit Growth (1 Year)
-
-176%
Asset Quality
Promoter Holding
58.46%
Pledged shares (%) of Promoter's holding (%)
86.50%
Reserves
₹29 Cr.
Equity
₹12.7 Cr.
Face Value
₹10
All Time Low / High
- / -

Digikore Studios stock performance

Key Ratios
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M-Cap below 100cr DeciZen not available

Q.1 Is Digikore Studios Ltd a good quality company?
Digikore Studios Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Digikore Studios Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Digikore Studios Ltd vs industry peers?
Digikore Studios Ltd revenue CAGR is 0.00%, compared to the industry median CAGR of 0.00%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Digikore Studios Ltd?
Promoters hold 58.46% of the Digikore Studios Ltd, with 86.50% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of Digikore Studios Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -74.34% based on the current price.

10 Year X-Ray : Login to view analysis.

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.
Digikore Studios Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 12.5%26%75.7%44.6%-11.1%-
Value Creation
Index
-0.10.94.42.2-1.8-

Growth Parameters

Sales 4.924.934.44535.663
Sales YoY Gr.-410.9%38.4%30.6%-20.8%-
Adj EPS 00.63.87.2-6.16.7
YoY Gr.-1866.7%549.2%88.3%-184.6%-
BVPS (₹) 1.11.66.233.527.832.8
Adj Net
Profit
00.63.69.1-7.79
Cash Flow from Ops. 1.94.21.2-16.6-21.6-
Debt/CF from Ops. 2.70.84.9-0.5-1.8-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA12.7%-20.8%
Adj EPS NANA-317.9%-184.6%
BVPSNANA157.9%-17.1%
Share Price - - - -64.9%

Key Financial Parameters

Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
2.343.197.637.8-19.922.2
Op. Profit
Mgn %
-5.31018.528.6-12.8NAN
Net Profit
Mgn %
0.52.310.620.3-21.713.5
Debt to
Equity
4.72.310.21.1-
Working Cap
Days
067882155220
Cash Conv.
Cycle
0119852960

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Sales4.8724.8834.4444.9635.61
Operating Expenses + 5.1422.5228.0832.1040.16
Manufacturing Costs2.4812.678.366.735.90
Material Costs00000
Employee Cost 1.635.3911.6512.0116.75
Other Costs 1.034.458.0713.3617.51
Operating Profit -0.272.366.3612.86-4.55
Operating Profit Margin (%) -5.5%9.5%18.5%28.6%-12.8%
Other Income + 1.2801.122.420.78
Exceptional Items 00000
Interest 0.730.400.711.312.66
Depreciation 0.260.921.041.183.22
Profit Before Tax 0.031.045.7312.78-9.66
Tax 0.010.581.353.24-2.41
Profit After Tax 0.020.474.379.54-7.25
PAT Margin (%) 0.4%1.9%12.7%21.2%-20.4%
Adjusted EPS (₹)0.00.54.67.5-5.7
Dividend Payout Ratio (%)0%0%0%0%0%

Valuation of Digikore Studios - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 1.071.535.9142.4635.21
Share Capital 1.181.181.186.336.33
Reserves -0.110.354.7336.1328.88
Debt +4.991.675.827.7838.25
Long Term Debt1.680.431.088.034.77
Short Term Debt3.311.244.75-0.2533.48
Minority Interest00000
Trade Payables1.211.022.562.014.19
Others Liabilities 0.714.034.505.184.39
Total Liabilities 7.988.2518.8057.4482.03

Fixed Assets

Net Fixed Assets +1.382.752.495.0916.59
Gross Block7.109.409.675.0916.59
Accumulated Depreciation5.726.657.1700
CWIP 002.326.790
Investments 1.441.441.445.103.81
Inventories00000
Trade Receivables2.811.395.9924.6439.56
Cash Equivalents 0.030.010.010.080.10
Others Assets 2.332.656.5415.7421.97
Total Assets 7.988.2518.8057.4482.03

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 1.874.171.23-16.57-21.57
PBT 0.031.045.7312.78-9.66
Adjustment 0.991.321.750.515.88
Changes in Working Capital 0.851.81-6.25-29.86-17.79
Tax Paid 00000
Cash Flow From Investing Activity + -1.51-2.29-3.10-11.90-6.65
Capex -0.09-2.29-3.10-8.25-7.87
Net Investments -1.420-0-3.651.22
Others 0-0000
Cash Flow From Financing Activity + -0.35-1.891.8728.5428.24
Net Proceeds from Shares 00027.070
Net Proceeds from Borrowing -0.34-1.250.657.15-3.27
Interest Paid -0.73-0.40-0.71-1.31-2.66
Dividend Paid 00000
Others 0.71-0.241.93-4.3734.17
Net Cash Flow 0-0.0100.070.02

Financial Ratio

PARTICULARSMar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)1.6835.74117.5339.45-18.67
ROCE (%)12.5226.0375.7344.63-11.11
Asset Turnover Ratio0.613.072.551.180.51
PAT to CFO Conversion(x)93.58.870.28-1.74N/A
Working Capital Days
Receivable Days210.2030.8039.10124.30329
Inventory Days00000
Payable Days00000

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.0038.5268.2286.50
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Digikore Studios Ltd FAQs

The current trading price of Digikore Studios on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Digikore Studios stood at ₹72.83 Cr

The latest P/E ratio of Digikore Studios as of 31-Dec-1969 is 8.56.

The latest P/B ratio of Digikore Studios as of 31-Dec-1969 is 1.75.

The 52-week high of Digikore Studios is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Digikore Studios is ₹63.21 ( Cr.) .

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

The key valuation ratios of Digikore Studios Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

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

About Digikore Studios Ltd

Digikore Studios was incorporated on July 25, 2000 as a private limited company under the provisions of Companies Act, 1956 with the Registrar of Companies, Pune in the name and style of ‘Digikore Studios Private Limited’. Subsequently, the company was converted into Public Limited company pursuant to which the name of the company was changed to ‘Digikore Studios Limited’ vide shareholder’s approval on September 28, 2001 and fresh certificate of incorporation dated January 16, 2002 issued by Registrar of Companies. Mumbai. Subsequently, the company was converted into Private Limited company pursuant to which the name of the company was changed to ‘Digikore Studios Private Limited’ vide shareholder’s approval on September 24, 2013 and fresh certificate of incorporation dated November 01, 2013 issued by Registrar of Companies, Mumbai. Subsequently, the company was converted into Public Limited Company pursuant to which the name of the company was changed to ‘Digikore Studios Limited’ vide shareholder’s approval on April 25, 2023 and fresh certificate of incorporation dated May 22, 2023 issued by Registrar of Companies, Pune.

Digikore Studios serves as a hub for top-tier industry talent. Having production facility in India, It specializes in delivering Visual Effects (VFX) for a diverse range of projects such as Films, Web Series, TV Series, Documentaries and Commercials, all while maintaining a strong emphasis on cost-effectiveness. Its reputation as a world-class VFX studio is a result of its harmonious blend of imaginative creativity and cutting-edge technology. In its initial years, the company made its mark in the realm of Animation and Visual Effects (VFX). Worked with extensive portfolio of many Films and TV Series, notable works include projects like Thor: Love and Thunder, Black Panther: Wakanda Forever, Glass Onion: A Knives Out Mystery, Deadpool, Star Trek, Jumanji, Stranger Things, The Last Ship, Titanic, Gosht Rider: Spirit of Vengeance, Transformer: Age of Extinction, Crouching Tiger, Hidden Dragon: Sword of Destiny and many more prestigious productions.

As a TPN-audited VFX studio, it offers a comprehensive suite of visual effects services, overseen by its experienced production team. Its artists harness the power of the latest software, hardware, and proprietary tools to produce exceptional VFX for some of the most prominent Films, Web Series and TV Series. Notably, it stands among the select few studios in India that have undergone audits from esteemed entities such as TPN. Also approved for projects from production houses like Disney/Marvel, Netflix, Amazon, Apple, Paramount, Warner Bros., and Lions gate. Its commitment to excellence is further underscored by its dedication to fostering an internal culture rooted in diversity, equality, and inclusion - vital components that fuel its innovation and creativity.

Business area of the company

The company is engaged in the business of post-production activities such as VFX, Animation, Visual Effects, and Video Graphics including digital intermediate and other technical and creative services to the Media and Entertainment industry.

Services of the company

  • Rotoscopy
  • Reflection removal 
  • General cleanup
  • Wire and wig removal 
  • Muzzle flash composting
  • Matchmove
  • Green screen composting 
  • Driving camps
  • Day to Night
  • CG blood camps
  • Beauty fixes
  • Crowd multiplication
  • Set extension

History and milestones 

  • 2000: Digikore Studios Private Limited incorporated in Pune.
  • 2005: Digikore becomes a leading player in Animation Services with several clients in Europe and Asia.
  • 2007: Digikore forays into Coloring of Comics.
  • 2011: Digikore forays into VFX for Hollywood Films & TV Series and bags Ghost Rider: Spirit of Vengeance as 1st project.
  • 2011: Digikore is awarded work on Titanic 3D. A huge moment in its history.
  • 2017: Digikore becomes a MPAA (Motion Pictures Association of America) approved VFX studio.
  • 2020: Digikore becomes a TPN (Trusted Partner Network) audited and approved VFX studio. Also becomes a Netflix and Amazon approved VFX studio.
  • 2021: Digikore becomes among the first few VFX studios in India to get approved by Disney / Marvel.

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