While the entertainment industry is not loyal, people enjoy visiting the theatre. If you happen to invest in this share, this might be the right time to have a look at the GST update.
Currently, The stock is trading at 1430, and majorly falling in a falling wedge pattern. If you do not know what is falling wedge pattern, click here to learn from our ” stock market chart patterns” page.
Let’s look at the fundamentals of this stock.
Profit & Loss
Consolidated Figures in Rs. Crores / View StandalonePRODUCT SEGMENTS
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 518 | 806 | 1,348 | 1,477 | 1,850 | 2,119 | 2,334 | 3,086 | 3,414 | 280 | 1,331 | 3,751 |
| Expenses + | 441 | 688 | 1,133 | 1,271 | 1,551 | 1,799 | 1,933 | 2,499 | 2,338 | 616 | 1,225 | 2,703 |
| Operating Profit | 76 | 119 | 215 | 206 | 299 | 320 | 401 | 587 | 1,076 | -336 | 106 | 1,048 |
| OPM % | 15% | 15% | 16% | 14% | 16% | 15% | 17% | 19% | 32% | -120% | 8% | 28% |
| Other Income + | 10 | 6 | 11 | 2 | 45 | 52 | 30 | 32 | 38 | 469 | 326 | 68 |
| Interest | 18 | 37 | 80 | 78 | 84 | 81 | 84 | 128 | 482 | 498 | 498 | 572 |
| Depreciation | 36 | 56 | 94 | 117 | 115 | 138 | 154 | 191 | 542 | 575 | 614 | 753 |
| Profit before tax | 31 | 32 | 52 | 12 | 145 | 153 | 194 | 299 | 90 | -939 | -681 | -209 |
| Tax % | 18% | -39% | 4% | 7% | 32% | 37% | 36% | 37% | 70% | 20% | 28% | -61% |
| Net Profit + | 25 | 44 | 50 | 12 | 99 | 96 | 124 | 189 | 27 | -748 | -489 | -336 |
| EPS in Rs | 9.08 | 10.47 | 12.71 | 2.86 | 19.58 | 19.08 | 24.84 | 37.81 | 4.95 | -123.07 | -80.04 | -34.20 |
Although fundamentals do not play a vital role in a single-day movement, this upcoming move could be news driven. As of now, the price is 1426, PVRINOX can touch up to 1577 which is about 10% from here.
Disclaimer: This is a buying call, we are not authorised to give any tips. This is merely for an educational purposed, do your research properly before entering.
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