Film Production, Distribution & Entertainment · Founded 1994 · www.komeon.in · BSE 539910 · · ISIN INE833C01012
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Business
Kome-On Communication Ltd. (KOCL) operates in the Indian entertainment sector, primarily focusing on film production, distribution, and related entertainment activities. The company's core business model involves conceptualizing, financing, producing, and marketing feature films, documentaries, or television content. Revenue is primarily generated through box office collections (theatrical releases), satellite rights (selling broadcast rights to TV channels), digital rights (licensing to OTT platforms), music rights, and other ancillary rights like home video and overseas distribution.
Revenue Mix
Given the provided information, KOCL's major business segments would likely include:
Film Production: Involves the development and creation of content.
Film Distribution: Managing the theatrical release and selling rights across various platforms (satellite, digital, music, international).
Other Entertainment: May encompass event management, talent management, or production of other forms of digital content, though specific details are unavailable.
A precise revenue mix is not provided, but typically for such companies, theatrical distribution and digital/satellite rights form the largest components.
Industry
The Indian Film Production, Distribution & Entertainment industry is dynamic, highly competitive, and largely fragmented. It is characterized by a significant number of independent producers, a few large studios, and a growing ecosystem of digital platforms. KOCL operates within this competitive landscape, likely as a smaller to mid-tier player given the absence of information suggesting market dominance. The industry is project-based, with the success of individual films heavily influencing a company's financial performance.
MOAT
Without specific information, it is unlikely Kome-On Communication Ltd. possesses strong, durable competitive advantages (moats). The film industry is inherently project-based, making consistent moats challenging. Potential, but unconfirmed, advantages could arise from:
Strong talent relationships: A stable roster of successful directors, actors, or writers.
Unique Intellectual Property (IP): Ownership of successful film franchises or character rights.
Efficient production/distribution network: Cost advantages in production or superior reach in distribution.
However, these are speculative. Many companies in this sector face high competition and rely on the hit-driven nature of content.
Growth Drivers
Key factors that could drive growth for KOCL over the next 3-5 years include:
Growing media consumption: Increasing disposable incomes and desire for entertainment in India.
Rise of OTT platforms: Increased demand for content from streaming services, opening new revenue streams for production houses.
Multiplex expansion: Growth in the number of screens, especially in Tier 2/3 cities, enhancing theatrical reach.
Digitalization & international markets: Tapping into digital audiences and expanding distribution into overseas markets with a significant Indian diaspora.
Diversification of content: Producing content across different genres and languages to capture a broader audience.
Risks
Box Office Volatility: High dependence on the unpredictable success of individual films, leading to inconsistent revenues.
High Production Costs & Delays: Escalating costs of talent, production, and marketing, coupled with potential project delays.
Content Obsolescence & Piracy: Rapid changes in audience tastes and persistent threat of content piracy impacting revenues.
Competition: Intense competition from other production houses, both large studios and independent players, as well as global content providers.
Talent Dependence: Over-reliance on a few key creative talents, posing risks if relationships sour or talent moves on.
Financing Risk: Difficulty in securing financing for projects or exposure to high-interest debt.
Regulatory & Censorship Risks: Changes in censorship rules or government policies impacting content creation and release.
Management & Ownership
Specific details regarding the promoters, management quality, and ownership structure of Kome-On Communication Ltd. are not provided. In India, many companies, especially in this sector, are promoter-led. The quality of management, their vision, ability to identify compelling stories, manage production budgets, and forge strong industry relationships (with talent, distributors, and platforms) are critical for success in the film industry. The ownership structure would typically involve a promoter group holding a significant stake, alongside institutional and public shareholders.
Outlook
Kome-On Communication Ltd. operates in a vibrant and growing Indian entertainment market, buoyed by increasing content consumption, the expansion of digital platforms, and a large domestic audience. This presents opportunities for content producers. However, the film industry is inherently high-risk due to the project-based nature of its revenue, significant upfront investments, and unpredictable audience reception. KOCL's ability to consistently deliver engaging and commercially successful content, manage costs effectively, and adapt to evolving distribution channels (especially OTT) will be crucial for its sustained performance. Competition is intense, and without clear competitive advantages, success will heavily depend on astute project selection and efficient execution.
Price goes above X
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PE goes above X
PE falls below X
| #(Fig in Cr.) | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Expenditure | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Operating Profit | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -1 | -1 |
| 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 | -13 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | -13 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -1 | -1 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | -13 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -1 | -1 |
| Adjustments | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -0 |
| Profit After Adjustments | -13 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -1 | -1 |
| Adjusted Earnings Per Share | -8.8 | -0 | -0 | -0 | -0 | -0 | -0 | -0 | -0.6 | -0.6 |
| #(Fig in Cr.) | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Expenditure | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 0 | 0 | 1 | 2 |
| Operating Profit | 0 | 0 | -0 | -0 | -1 | -0 | -0 | -1 | -0 | -0 | -1 | -2 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -13 | 0 | 0 | 0 |
| Profit Before Tax | 0 | 0 | -0 | -0 | -1 | -0 | -0 | -1 | -13 | -0 | -1 | -2 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 0 | 0 | -0 | -0 | -1 | -0 | -0 | -1 | -13 | -0 | -1 | -2 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 0 | 0 | -0 | -0 | -1 | -0 | -0 | -1 | -13 | -0 | -1 | -2 |
| Adjusted Earnings Per Share | 0 | 0 | -0 | -0.1 | -0.7 | -0.1 | -0.1 | -0.9 | -8.8 | -0 | -0.6 | -1.2 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 0% | 0% | 0% | 0% |
| Operating Profit CAGR | 0% | 0% | 0% | 0% |
| PAT CAGR | 0% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -57% | -8% | -16% | -7% |
| ROE Average | 0% | -68% | -43% | -20% |
| ROCE Average | 0% | -68% | -43% | -20% |
| #(Fig in Cr.) | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 16 | 16 | 16 | 16 | 15 | 15 | 14 | 13 | -0 | -0 | -1 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Total Liabilities | 17 | 17 | 16 | 16 | 15 | 15 | 14 | 13 | 0 | 0 | 0 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Assets | 14 | 14 | 14 | 14 | 14 | 14 | 14 | 0 | 0 | 0 | 0 |
| Total Current Assets | 2 | 3 | 2 | 2 | 0 | 0 | 0 | 13 | 0 | 0 | 0 |
| Total Assets | 17 | 17 | 16 | 16 | 15 | 15 | 14 | 13 | 0 | 0 | 0 |
| #(Fig in Cr.) | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow from Operating Activities | -0 | 0 | 0 | -0 | 0 | 0 | 0 | -0 | -0 | -0 | -0 |
| Cash Flow from Investing Activities | 0 | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow from Financing Activities | 0 | 0 | -0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Cash Inflow / Outflow | -0 | 0 | -0 | 0 | -0 | 0 | 0 | -0 | -0 | -0 | -0 |
| Closing Cash & Cash Equivalent | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| # | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 0 | 0 | -0.04 | -0.09 | -0.69 | -0.1 | -0.13 | -0.87 | -8.85 | -0.01 | -0.6 |
| CEPS(Rs) | 0 | 0 | -0.04 | -0.09 | -0.69 | -0.1 | -0.13 | -0.87 | -8.85 | -0.01 | -0.6 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 0 | 10.68 | 10.63 | 10.54 | 9.85 | 9.75 | 9.62 | 8.75 | -0.09 | -0.1 | -0.7 |
| Core EBITDA Margin(%) | -203.3 | -226.21 | -103.12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBIT Margin(%) | 10.51 | 11.29 | -94.88 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Pre Tax Margin(%) | 10.28 | 11.16 | -95.05 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| PAT Margin (%) | 6.8 | 7.81 | -95.05 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Profit Margin (%) | 6.8 | 7.81 | -95.05 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| ROA(%) | 0.02 | 0.02 | -0.35 | -0.84 | -6.6 | -1 | -1.34 | -9.39 | -199.92 | -145.26 | 0 |
| ROE(%) | 0.02 | 0.02 | -0.36 | -0.86 | -6.72 | -1 | -1.34 | -9.45 | -204.28 | 0 | 0 |
| ROCE(%) | 0.03 | 0.03 | -0.35 | -0.84 | -6.61 | -0.99 | -1.34 | -9.42 | -204.25 | 0 | 0 |
| Receivable days | 9485.03 | 0 | 6587.14 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Inventory Days | 6544.91 | 7711.59 | 5127.8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 0 | -21.47 | 105.29 | 0 | 3.24 | 0 | 0 | 0 | 0 | 0 | 0 |
| PER(x) | 0 | 1513.54 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Price/Book(x) | 0 | 0.3 | 0 | 0.04 | 0.06 | 0.08 | 1.22 | 0.26 | -18.65 | 0 | 0 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 338.78 | 135.99 | 249.82 | 0 | 2217.57 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Core EBITDA(x) | 3223.65 | 1204.86 | -263.31 | -7.8 | -0.9 | -7.71 | -90.02 | -2.6 | -44.57 | -1086.99 | -16.78 |
| Net Sales Growth(%) | -51.37 | -13.05 | 53.17 | -100 | 0 | -100 | 0 | 0 | 0 | 0 | 0 |
| EBIT Growth(%) | -19.18 | -6.61 | -1387.57 | -134.15 | -655.17 | 85.85 | -33.54 | -569.03 | -921.88 | 99.9 | -6379.71 |
| PAT Growth(%) | -22.91 | -0.13 | -1964.36 | -135.45 | -650.16 | 85.72 | -32.88 | -567.68 | -919.07 | 99.9 | -6379.71 |
| EPS Growth(%) | 0 | 0 | -1964.3 | -135.46 | -650.12 | 85.73 | -32.92 | -567.77 | -919.03 | 99.9 | -6376.09 |
| Debt/Equity(x) | 0.04 | 0.06 | 0.02 | 0.03 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Current Ratio(x) | 12.7 | 13.23 | 150.52 | 27.41 | 40.4 | 14.28 | 20.87 | 109.4 | 0.08 | 0.05 | 0 |
| Quick Ratio(x) | 8.27 | 8.91 | 89.06 | 16.42 | 40.4 | 14.28 | 20.87 | 109.4 | 0.08 | 0.05 | 0 |
| Interest Cover(x) | 45.24 | 88.18 | -562.18 | -333.28 | -1507.36 | -100.55 | -201.83 | -341.84 | -5771.39 | 0 | 0 |
| Total Debt/Mcap(x) | 0 | 0.19 | 0 | 0.89 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| # | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 |
| Public | 99.98 | 99.98 | 99.98 | 99.98 | 99.98 | 99.98 | 99.98 | 99.98 | 99.97 | 99.97 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | — | — | — | — |
| Operating Profit CAGR | — | — | — | — |
| PAT CAGR | — | — | — | — |
| Share Price CAGR | -57% | -8% | -16% | -7% |
| ROE Average | 0% | -68% | -43% | -20% |
| ROCE Average | 0% | -68% | -43% | -20% |
| # | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 | 0.01 |
| Public | 99.98 | 99.98 | 99.98 | 99.98 | 99.98 | 99.98 | 99.98 | 99.98 | 99.97 | 99.97 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 | 1.5 |
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