TV Broadcasting & Software Production · Founded 1991 · www.jainstudiosltd.com · BSE 532033 · NSE JAIN STUDIOS · ISIN INE486B01011
No Notes Added Yet
Business
Jain Studios Ltd. operates in the media and entertainment sector, primarily focused on TV broadcasting and software production. Its core business involves the creation and distribution of television content, likely through its own broadcasting channels, and the production of various software-related content, which in this context likely refers to media content for TV, digital platforms, or other applications. The company typically generates revenue through advertising sales on its broadcast channels, potential subscription fees for its content, and fees for content production services.
Revenue Mix
Based on the stated industry, Jain Studios Ltd. likely operates in two primary segments:
TV Broadcasting: Encompassing the operation of TV channels, content acquisition, program scheduling, and monetization through advertising.
Software Production: Focused on developing and producing media content, which could include serials, films, documentaries, or digital content.
Specific revenue contributions from these segments are not available.
Industry
Jain Studios Ltd. operates within the highly competitive Indian TV broadcasting and software production industry. This industry is characterized by the presence of large, well-established national and international media conglomerates, alongside numerous regional and niche players. The broadcasting landscape is dynamic, with increasing fragmentation of viewership across traditional TV and burgeoning digital (OTT) platforms. In software/content production, competition arises from in-house production studios of large broadcasters, independent production houses, and digital-first content creators. Without specific market share data, Jain Studios Ltd. is likely positioned as one of the players navigating this competitive environment, potentially focusing on specific genres, regional markets, or content niches to differentiate itself.
MOAT
Based on the limited information, a clear, durable competitive advantage (moat) for Jain Studios Ltd. is not immediately evident. In the TV broadcasting and content production space, potential moats can include a strong brand reputation for specific channels or content, a valuable proprietary content library, economies of scale in content creation and distribution, or strong relationships with advertisers/distributors. However, these are challenging to establish and maintain against larger, diversified media houses. Jain Studios Ltd. may possess niche advantages in certain content types or regional strongholds, but a broad, sustainable moat that provides significant protection from competition is not discernible from the provided data.
Growth Drivers
Increasing Media Consumption: Growing penetration of television and digital platforms in India, coupled with rising disposable incomes, drives demand for diverse content.
Digital Expansion: Transition of viewership to digital platforms (OTT) presents opportunities for content monetization and broader reach.
Advertising Growth: Continued growth in advertising expenditure, particularly in regional and niche content, can boost revenue.
Content Innovation: Ability to create compelling, high-quality, and differentiated content that resonates with audiences.
Regional Market Focus: Tapping into underserved regional language markets with tailored content.
Risks
Intense Competition: Fierce competition from well-capitalized domestic and international players for viewership, advertising spend, and talent.
Content Costs: Rising costs of producing and acquiring quality content can impact profitability.
Viewer Preferences & Technology Shifts: Rapid changes in viewer tastes and the proliferation of digital consumption platforms require constant adaptation and investment.
Advertising Market Volatility: Dependence on advertising revenue makes the company susceptible to economic downturns and fluctuations in ad spend.
Regulatory Environment: Changes in broadcasting regulations, licensing policies, and censorship rules can affect operations.
Intellectual Property Rights: Challenges related to content piracy and protecting proprietary content.
Management & Ownership
Jain Studios Ltd. is likely a promoter-led company, a common structure among Indian businesses, where the "Jain" family or group would hold a significant ownership stake and maintain control over strategic decisions. Information regarding the specific quality of management, board composition, or detailed ownership structure beyond promoter holding is not available.
Outlook
Jain Studios Ltd. operates in a dynamic and growing sector driven by increasing media consumption in India. Its future success will largely depend on its ability to strategically invest in high-quality content that captures audience attention, effectively monetize its broadcasting and production efforts, and adapt to the evolving media landscape, particularly the shift towards digital platforms. The company faces significant challenges from intense competition, rapidly changing viewer preferences, and the high costs associated with content creation. Navigating these complexities while maintaining financial prudence will be crucial for its sustained growth and profitability.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
| #(Fig in Cr.) | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Expenditure | 1 | 1 | 2 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Profit | -0 | -0 | -1 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -0 | -1 | -1 | -0 | -0 | -1 | -0 | -1 | -0 | -0 |
| Provision for Tax | 0 | 0 | 0 | -1 | 0 | 0 | 0 | -1 | 0 | 0 |
| Profit After Tax | -0 | -1 | -1 | 1 | -0 | -1 | -0 | 0 | -0 | -0 |
| Adjustments | 0 | 1 | 1 | -1 | 0 | 0 | 0 | -0 | 0 | 0 |
| Profit After Adjustments | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 0 | 0 | -0 |
| Adjusted Earnings Per Share | -0.1 | -0.2 | -0.4 | 0.2 | -0.2 | -0.2 | -0.1 | 0.1 | -0.2 | -0.1 |
| #(Fig in Cr.) | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 11 | 12 | 18 | 24 | 23 | 10 | 8 | 3 | 0 | 0 |
| Other Income | 1 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 12 | 12 | 18 | 25 | 23 | 10 | 9 | 3 | 0 | 0 |
| Total Expenditure | 18 | 15 | 18 | 23 | 23 | 10 | 8 | 4 | 2 | 0 |
| Operating Profit | -6 | -3 | 1 | 2 | 1 | 0 | 0 | -1 | -1 | 0 |
| Interest | 3 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
| Exceptional Income / Expenses | 9 | -0 | 0 | 0 | 0 | -1 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -0 | -5 | -1 | 1 | -0 | -2 | -0 | -2 | -2 | -1 |
| Provision for Tax | -1 | -2 | 0 | 1 | 1 | -1 | -1 | -1 | -1 | -1 |
| Profit After Tax | 1 | -3 | -1 | 1 | -2 | -1 | 0 | -1 | -1 | 0 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 1 | -3 | -1 | 1 | -2 | -1 | 0 | -1 | -1 | 0 |
| Adjusted Earnings Per Share | 0.4 | -2.3 | -0.5 | 0.2 | -0.7 | -0.3 | 0.2 | -0.4 | -0.4 | -0.3 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | -100% | -100% | -100% | 0% |
| Operating Profit CAGR | 0% | 0% | NAN% | 0% |
| PAT CAGR | 0% | 0% | NAN% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 0% | 3% | 4% | -4% |
| ROE Average | -4% | -2% | -3% | -3% |
| ROCE Average | -6% | -4% | -4% | -2% |
| #(Fig in Cr.) | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 27 | 33 | 39 | 40 | 38 | 38 | 38 | 37 | 36 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 15 | 10 | 4 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | -6 | -7 | -7 | -7 | -5 | -6 | -8 | -8 | -9 |
| Total Current Liabilities | 8 | 7 | 13 | 18 | 31 | 35 | 36 | 34 | 33 |
| Total Liabilities | 45 | 44 | 49 | 51 | 64 | 67 | 66 | 63 | 59 |
| Fixed Assets | 17 | 16 | 15 | 14 | 13 | 12 | 12 | 11 | 10 |
| Other Non-Current Assets | 11 | 11 | 11 | 11 | 11 | 10 | 10 | 10 | 11 |
| Total Current Assets | 17 | 16 | 22 | 26 | 40 | 44 | 44 | 42 | 38 |
| Total Assets | 45 | 44 | 49 | 51 | 64 | 67 | 66 | 63 | 59 |
| #(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 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Cash Flow from Operating Activities | 10 | -3 | 0 | 3 | 0 | -0 | 0 | -0 | -3 |
| Cash Flow from Investing Activities | -0 | -0 | -0 | -0 | -0 | 0 | -0 | 0 | 0 |
| Cash Flow from Financing Activities | -13 | 3 | -0 | -3 | -0 | -0 | -0 | -0 | -0 |
| Net Cash Inflow / Outflow | -2 | -0 | -0 | -0 | 0 | -0 | 0 | -0 | -3 |
| Closing Cash & Cash Equivalent | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | -2 |
| # | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 |
|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 0.36 | -2.26 | -0.53 | 0.18 | -0.66 | -0.3 | 0.15 | -0.41 | -0.42 |
| CEPS(Rs) | 1.05 | -1.59 | -0.15 | 0.52 | -0.34 | 0.01 | 0.45 | -0.14 | -0.15 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 16.77 | 14.51 | 12.61 | 12.99 | 12.33 | 12.03 | 12.18 | 11.77 | 11.36 |
| Core EBITDA Margin(%) | -59.37 | -21.63 | 0.77 | 4.47 | 2.05 | -0.54 | 1.38 | -41.1 | -1221.2 |
| EBIT Margin(%) | 24.03 | -30.01 | -1.69 | 4.5 | -1.37 | -16.22 | -5.22 | -63.96 | -1777.4 |
| Pre Tax Margin(%) | -1.33 | -39.21 | -5.15 | 4.4 | -2.07 | -19.26 | -5.46 | -64.34 | -1782.11 |
| PAT Margin (%) | 4.62 | -26.13 | -7.56 | 2.1 | -8.22 | -8.34 | 5.27 | -37.11 | -1042.93 |
| Cash Profit Margin (%) | 13.62 | -18.35 | -2.16 | 6.09 | -4.26 | 0.41 | 15.64 | -12.42 | -366.93 |
| ROA(%) | 1.04 | -7.36 | -2.92 | 1.01 | -3.28 | -1.3 | 0.65 | -1.82 | -1.95 |
| ROE(%) | 2.14 | -14.47 | -5.1 | 1.47 | -5.24 | -2.45 | 1.25 | -3.42 | -3.61 |
| ROCE(%) | 6.05 | -9.35 | -0.75 | 2.83 | -0.88 | -4.76 | -1.24 | -5.89 | -6.16 |
| Receivable days | 601.62 | 451.09 | 348.26 | 319.13 | 482.35 | 1422.26 | 1846.14 | 4602.41 | 0 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 1349.55 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PER(x) | 26.95 | 0 | 0 | 23.59 | 0 | 0 | 36.78 | 0 | 0 |
| Price/Book(x) | 0.57 | 0.57 | 0.38 | 0.32 | 0.38 | 0.39 | 0.46 | 0.28 | 0.31 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 2.58 | 1.75 | 0.86 | 0.49 | 0.57 | 1.28 | 1.87 | 2.8 | 86.68 |
| EV/Core EBITDA(x) | -5.01 | -8.17 | 23.18 | 5.77 | 21.85 | 234.64 | 36.27 | -7.14 | -7.87 |
| Net Sales Growth(%) | 67.51 | 12.45 | 43.41 | 35.51 | -4.58 | -55.71 | -19.54 | -61.64 | -96.37 |
| EBIT Growth(%) | 1079.22 | -240.45 | 91.95 | 461.63 | -129.15 | -422.73 | 74.12 | -370.37 | -0.87 |
| PAT Growth(%) | 128.77 | -736.47 | 58.51 | 137.61 | -473.82 | 55.07 | 150.85 | -370.08 | -2.01 |
| EPS Growth(%) | 128.77 | -736.46 | 76.54 | 133.45 | -473.87 | 55.07 | 150.85 | -370.06 | -2.03 |
| Debt/Equity(x) | 0.63 | 0.5 | 0.11 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio(x) | 2.17 | 2.34 | 1.72 | 1.45 | 1.29 | 1.26 | 1.24 | 1.21 | 1.15 |
| Quick Ratio(x) | 2.17 | 2.34 | 1.72 | 1.45 | 1.29 | 1.26 | 1.24 | 1.21 | 1.15 |
| Interest Cover(x) | 0.95 | -3.26 | -0.49 | 45.26 | -1.99 | -5.33 | -21.79 | -169.69 | -377.2 |
| Total Debt/Mcap(x) | 1.11 | 0.88 | 0.3 | 0 | 0 | 0 | 0 | 0 | 0 |
| # | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 59.87 | 59.87 | 59.87 | 59.87 | 59.87 | 59.87 | 59.87 | 59.87 | 59.87 | 59.87 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 17.49 | 17.49 | 17.49 | 17.49 | 17.49 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Public | 22.64 | 22.64 | 22.64 | 22.64 | 22.64 | 40.12 | 40.12 | 40.12 | 40.12 | 40.12 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 1.71 | 1.71 | 1.71 | 1.71 | 1.71 | 1.71 | 1.71 | 1.71 | 1.71 | 1.71 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.65 | 0.65 | 0.65 | 0.65 | 0.65 | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2.86 | 2.86 | 2.86 | 2.86 | 2.86 | 2.86 | 2.86 | 2.86 | 2.86 | 2.86 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | -100% | -100% | -100% | — |
| Operating Profit CAGR | — | — | 0% | — |
| PAT CAGR | — | — | 0% | — |
| Share Price CAGR | 0% | +3% | +4% | -4% |
| ROE Average | -4% | -2% | -3% | -3% |
| ROCE Average | -6% | -4% | -4% | -2% |
| # | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 59.87 | 59.87 | 59.87 | 59.87 | 59.87 | 59.87 | 59.87 | 59.87 | 59.87 | 59.87 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 17.49 | 17.49 | 17.49 | 17.49 | 17.49 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Public | 40.13 | 40.13 | 40.13 | 40.13 | 40.13 | 40.13 | 40.13 | 40.13 | 40.13 | 40.13 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Sep 2017 | Dec 2017 | Mar 2018 | Jun 2018 | Sep 2018 | Dec 2018 | Mar 2019 | Jun 2019 | Sep 2019 | Dec 2019 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 1.71 | 1.71 | 1.71 | 1.71 | 1.71 | 1.71 | 1.71 | 1.71 | 1.71 | 1.71 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0 | 0 | 0 | 0 | 0 |
| Public | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 | 1.15 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2.86 | 2.86 | 2.86 | 2.86 | 2.86 | 2.86 | 2.86 | 2.86 | 2.86 | 2.86 |
* The pros and cons are machine generated.
Our experts help you choose the right stocks based on performance, risk, and growth potential.
Looking to buy unlisted shares or need guidance on the investment process? Our expert Private Equity Advisors are here to assist you with accurate information, real-time pricing, and seamless execution.
Want to sell unlisted shares, liquidate your ESOPs, or understand the step-by-step process of liquidation? Connect with our Buying Team for smooth coordination, quick evaluations, and end-to-end support.
Planning to build or grow your portfolio? For Mutual Fund investments, PMS solutions, tailored portfolio creation, and overall wealth management, our dedicated Wealth Team is ready to guide you.