Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹8 Cr.
Stock P/E
-0.1
P/B
0.1
Current Price
₹1
Book Value
₹ 17.7
Face Value
10
52W High
—
52W Low
—
Dividend Yield
0%

DQ Entertain.(Inter) Overview

Business

DQ Entertainment (International) Ltd. is a global animation, gaming, and entertainment production and distribution company based in India. Its core business involves the creation, co-production, distribution, and licensing of animated intellectual properties (IPs) for television, film, digital platforms, and merchandise. The company primarily focuses on content for children and family audiences. It makes money through co-production agreements, sales of distribution rights to broadcasters and streaming platforms worldwide, and licensing fees from merchandising, publishing, and gaming based on its owned or co-owned IPs.

Revenue Mix

While specific revenue contribution percentages are not publicly detailed in the prompt, DQ Entertainment's business activities typically fall into these key segments:

Co-production & Production Services: Revenue generated from co-producing animated series and films with international partners, as well as providing work-for-hire animation services.

IP Licensing & Distribution: Revenue derived from selling distribution rights of its owned/co-owned content to global broadcasters and streaming services, along with licensing fees for merchandising, digital content, and gaming based on its IPs (e.g., "The Jungle Book," "Peter Pan").

Industry

DQ Entertainment operates in the global film production, distribution, and entertainment industry, with a specific focus on animated content. This industry is characterized by high demand for quality content, especially for children, driven by traditional broadcasters and the rapid expansion of Over-The-Top (OTT) streaming platforms. The company is positioned as an established international player from India, known for its extensive co-production network with major global studios and broadcasters like Disney, BBC, Nickelodeon, and DreamWorks. While not a top-tier global studio, it is a significant and internationally recognized animation production house from India, leveraging a cost-effective production base with global quality standards.

MOAT

DQ Entertainment's competitive advantages include:

Established IP Portfolio: Ownership or co-ownership of globally recognized animation IPs such as "The Jungle Book," "Peter Pan," and "The Little Prince" provides recurring revenue streams and brand recognition.

Global Co-production Network: Long-standing relationships and a track record of successful co-productions with major international broadcasters and studios facilitate access to funding, distribution, and global reach.

Scalable Production Capacity: As one of India's larger animation studios, it possesses significant production capacity and talent, potentially offering cost advantages in high-volume animation production.

Growth Drivers

Key factors that can drive growth for DQ Entertainment over the next 3-5 years include:

Surge in Streaming Content Demand: The continuous global growth of OTT platforms and their increasing need for original and licensed animated content.

IP Expansion and Monetization: Developing new seasons, spin-offs, and expanding merchandising/licensing opportunities for existing popular IPs.

New IP Development: Successful creation and launch of new intellectual properties that resonate with global audiences.

Diversification into New Platforms: Exploring opportunities in gaming, interactive content, and emerging digital platforms.

Leveraging India's Talent Pool: Continued ability to provide high-quality animation at competitive costs, attracting international partners.

Risks

Content Demand Volatility: Reliance on content commissions and acquisitions from broadcasters and streaming services, which can be cyclical.

High Production Costs & IP Risk: Animation production requires significant upfront investment, and the success of new IPs is not guaranteed.

Intense Competition: Facing competition from numerous global and local animation studios, as well as in-house production capabilities of large media conglomerates.

IP Infringement & Piracy: Risks associated with protecting its intellectual property rights globally.

Technological Shifts: The need to continuously adapt to evolving animation technologies, distribution methods, and consumer consumption patterns.

Foreign Exchange Fluctuations: A significant portion of its revenue is likely in foreign currencies, exposing it to currency exchange rate risks.

Management & Ownership

DQ Entertainment (International) Ltd. is a publicly listed company in India (DQE). It is typically led by its promoters, who often hold a significant stake, guiding the company's strategic direction in the animation and entertainment sector. Specific details on individual management quality beyond their roles are not provided in the prompt.

Outlook

DQ Entertainment is positioned in a growing global animation industry, benefiting from the increasing demand for content across various platforms. Its established IP portfolio and strong international co-production relationships provide a stable foundation and avenues for future growth. However, the company operates in a highly competitive and capital-intensive sector where the success of content is inherently uncertain. Future performance will largely depend on its ability to consistently produce engaging content, effectively monetize its intellectual properties across multiple formats, manage production costs efficiently, and adapt to rapidly evolving market dynamics and technological advancements.

DQ Entertain.(Inter) Share Price

Live · BSE / NSE · Inception: 2007
₹ | |
Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

DQ Entertain.(Inter) Quarterly Results

#(Fig in Cr.) Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020
Net Sales 26 23 23 24 28 18 13 6 5 1
Other Income 6 34 1 1 19 1 8 3 0 1
Total Income 31 56 25 25 47 19 21 9 5 1
Total Expenditure 2 16 16 19 16 24 22 17 13 11
Operating Profit 29 40 8 5 31 -5 -1 -9 -8 -10
Interest 13 11 12 11 13 12 12 8 9 9
Depreciation 34 11 11 13 39 13 17 3 5 3
Exceptional Income / Expenses 18 -28 8 3 -13 5 -22 2 6 1
Profit Before Tax 0 -10 -7 -15 -34 -25 -53 -18 -16 -21
Provision for Tax -22 -2 -4 2 0 -0 -2 -1 -3 -1
Profit After Tax 23 -8 -3 -18 -34 -25 -51 -17 -12 -20
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 23 -8 -3 -18 -34 -25 -51 -17 -12 -20
Adjusted Earnings Per Share 2.9 -1 -0.4 -2.2 -4.3 -3.2 -6.4 -2.1 -1.6 -2.6

DQ Entertain.(Inter) Profit & Loss

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 TTM
Net Sales 208 227 229 240 195 210 94 80 98 25
Other Income 10 9 3 25 1 53 9 89 55 12
Total Income 218 236 233 265 196 264 103 169 153 36
Total Expenditure 135 133 118 139 123 121 170 52 98 63
Operating Profit 82 103 115 125 73 142 -67 117 55 -28
Interest 13 19 21 25 43 59 69 89 47 38
Depreciation 34 42 53 55 43 45 82 65 75 28
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 -13
Profit Before Tax 35 43 41 45 -13 38 -219 -37 -67 -108
Provision for Tax 7 10 4 2 7 8 -1 -22 -3 -7
Profit After Tax 28 33 37 43 -20 30 -218 -15 -63 -100
Adjustments 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 28 33 37 43 -20 30 -218 -15 -63 -100
Adjusted Earnings Per Share 3.5 4.2 4.7 5.4 -2.5 3.8 -27.5 -1.9 -8 -12.7

DQ Entertain.(Inter) Balance Sheet

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Shareholder's Funds 355 395 432 504 447 510 123 107 109
Minority's Interest 0 0 0 0 0 0 0 0 0
Borrowings 86 84 110 139 278 263 393 517 372
Other Non-Current Liabilities 25 40 48 55 38 7 -71 -76 -80
Total Current Liabilities 135 200 165 242 264 350 266 220 290
Total Liabilities 600 719 755 940 1028 1130 710 768 691
Fixed Assets 177 181 182 148 168 228 243 246 341
Other Non-Current Assets 200 272 339 480 387 499 377 434 292
Total Current Assets 224 266 233 312 473 404 91 87 58
Total Assets 600 719 755 940 1028 1130 710 768 691

DQ Entertain.(Inter) Cash Flow

#(Fig in Cr.) Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Opening Cash & Cash Equivalents 58 52 69 2 1 75 12 19 0
Cash Flow from Operating Activities 35 55 51 64 37 113 40 38 0
Cash Flow from Investing Activities -128 -53 -117 -81 -120 -120 -61 -79 0
Cash Flow from Financing Activities 87 15 0 15 152 -46 29 33 0
Net Cash Inflow / Outflow -6 16 -66 -2 69 -53 8 -8 0
Closing Cash & Cash Equivalent 52 69 2 1 75 20 19 12 0

DQ Entertain.(Inter) Ratios

# Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Earnings Per Share (Rs) 3.51 4.17 4.71 5.39 -2.49 3.78 -27.5 -1.87 -8
CEPS(Rs) 7.85 9.43 11.35 12.36 2.97 9.48 -17.13 6.29 1.41
DPS(Rs) 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 44.74 49.76 54.5 63.59 56.43 64.26 15.46 13.49 13.77
Core EBITDA Margin(%) 34.96 41.54 48.6 41.87 36.74 42.36 -80.2 34.52 0.07
EBIT Margin(%) 23.1 27.17 27.12 29.19 15.2 46.21 -158.19 65.12 -20.13
Pre Tax Margin(%) 16.96 18.92 17.99 18.69 -6.73 18.13 -231.65 -45.98 -68.28
PAT Margin (%) 13.4 14.53 16.26 17.84 -10.12 14.23 -230.89 -18.51 -64.88
Cash Profit Margin (%) 29.94 32.9 39.23 40.9 12.07 35.73 -143.86 62.2 11.43
ROA(%) 5.39 5.01 5.06 5.05 -2 2.77 -23.69 -2.01 -8.7
ROE(%) 8.2 8.82 9.03 9.14 -4.14 6.26 -68.98 -12.93 -58.7
ROCE(%) 10.71 11.17 10.04 9.87 3.59 10.53 -18.43 7.58 -2.82
Receivable days 150.59 164.86 222.18 321.5 563.78 571.52 676.83 145.86 94.47
Inventory Days 0 0 0 0 0 0 0 0 0
Payable days 0 0 0 0 0 0 0 0 0
PER(x) 16.01 5.68 2.26 5.13 0 5.38 0 0 0
Price/Book(x) 1.26 0.48 0.2 0.43 0.43 0.32 1.49 0.85 0.45
Dividend Yield(%) 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 2.66 1.39 1.3 2.02 2.83 2.83 7.38 8.64 6.23
EV/Core EBITDA(x) 6.7 3.05 2.59 3.87 7.57 4.18 -10.38 5.92 11.1
Net Sales Growth(%) 18.45 9.31 0.97 4.48 -18.73 8.01 -55.12 -15.12 21.96
EBIT Growth(%) 46.66 28.55 0.78 12.46 -57.67 228.28 -253.62 134.95 -137.69
PAT Growth(%) 4.45 18.54 12.97 14.65 -146.09 251.86 -828.25 93.19 -327.4
EPS Growth(%) 4.44 18.54 12.97 14.65 -146.09 251.86 -828.25 93.19 -327.39
Debt/Equity(x) 0.45 0.5 0.5 0.53 0.97 0.89 4.36 5.73 5.17
Current Ratio(x) 1.66 1.33 1.41 1.29 1.79 1.15 0.34 0.4 0.2
Quick Ratio(x) 1.66 1.33 1.41 1.29 1.79 1.15 0.34 0.4 0.2
Interest Cover(x) 3.76 3.29 2.97 2.78 0.69 1.65 -2.15 0.59 -0.42
Total Debt/Mcap(x) 0.36 1.05 2.55 1.21 2.26 2.83 2.92 6.74 11.58

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +23% -22% -16% —
Operating Profit CAGR -53% -27% -15% —
PAT CAGR — 0% 0% —
Share Price CAGR 0% -7% +4% -27%
ROE Average -59% -47% -28% -11%
ROCE Average -3% -5% 0% +5%

DQ Entertain.(Inter) Shareholding Pattern

Latest · Sep 2023
100% held
Promoters 75 %
FII 0 %
DII (MF + Insurance) 0 %
Public (retail) 25 %
# Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2022 Mar 2023 Jun 2023 Sep 2023
Promoter 75757575757574.76757575
FII 0000000000
DII 0000000000
Public 25252525252525.24252525
Others 0000000000
Total 100100100100100100100100100100

DQ Entertain.(Inter) Peer Comparison

Film Production, Distribution & Entertainment Edit Columns

DQ Entertain.(Inter) Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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DQ Entertain.(Inter) Pros & Cons

Pros

  • Stock is trading at 0.1 times its book value
  • Company has reduced debt.

Cons

  • Company has a low return on equity of -47% over the last 3 years.
  • Earnings include an other income of Rs. 55 Cr.
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