TV Broadcasting & Software Production · Founded 1990 · www.sharplinebroadcast.in · BSE 543341 · · ISIN INE647W01014
No Notes Added Yet
Business
Sharpline Broadcast Ltd. operates in the TV broadcasting and software production sector in India. Its core business likely involves the creation, production, and potentially distribution of television content such as daily soaps, reality shows, documentaries, and films. "Software Production" in this context typically refers to the production of digital media content, content development tools, or related IT solutions for the broadcasting and media industry. The company primarily makes money through content licensing and sales to television channels, over-the-top (OTT) platforms, and other media outlets, as well as by providing production services on a commissioned basis. If they own broadcast channels, advertising revenue would also be a significant income stream.
Revenue Mix
Specific revenue mix and segment breakdowns are not publicly available without detailed financial reports. However, based on its industry, Sharpline Broadcast Ltd.'s revenue is likely generated from the following probable segments:
Content Production: Revenue from creating and selling/licensing TV shows, films, and other video content.
Broadcasting/Distribution: If the company operates its own channels or platforms, this would include advertising sales and/or subscription revenues.
Post-Production & Studio Services: Providing technical and creative services like editing, visual effects, and sound design to third parties.
Software/Digital Media Solutions: Developing and providing specialized software or digital content solutions for media companies.
Industry
The Indian TV broadcasting and software production industry is dynamic, highly competitive, and largely driven by content. It is characterized by the presence of large media conglomerates (e.g., Zee, Sony, Star, Viacom18) which own multiple channels and production houses, alongside numerous independent production studios. The industry is also evolving rapidly with the rise of digital streaming platforms (OTTs) which have increased demand for diverse content. Sharpline Broadcast Ltd. likely operates as a smaller, independent player within this landscape. Its positioning would generally be to carve out a niche, possibly in specific genres, regional content, or by offering cost-effective production services, rather than competing directly with the scale and reach of the major incumbents.
MOAT
For a company of its likely size, establishing a strong, durable competitive advantage (moat) can be challenging. Potential, albeit limited, moats could include:
Niche Expertise: A strong reputation or specialized expertise in a particular content genre (e.g., regional language content, devotional programming, specific drama formats).
Talent Relationships: Established relationships with key creative talent (writers, directors, actors) that can consistently deliver compelling content.
Cost Efficiency: The ability to produce high-quality content at a more competitive cost than larger studios, allowing for better margins or competitive pricing.
Distribution Relationships: Long-standing relationships with specific broadcasters or OTT platforms that provide consistent content orders.
However, broad brand recognition, vast scale economies, or significant switching costs are generally not strong moats for smaller independent content producers.
Growth Drivers
Growing Media Consumption: India's large population, increasing disposable income, and rising TV and internet penetration drive sustained demand for diverse content across linear TV and digital platforms.
Digitalization & OTT Expansion: The rapid growth of OTT platforms creates new avenues for content monetization, allowing producers to license content to multiple players beyond traditional broadcasters.
Regional Content Boom: Increasing demand for localized and regional language content provides opportunities for companies focused on these segments.
Advertising Spend Growth: A growing Indian economy typically translates to higher advertising expenditures, benefiting content producers and broadcasters.
Technological Advancements: Adoption of new production technologies can improve efficiency and content quality, enhancing competitiveness.
Risks
Content Risk: The success of the business is highly dependent on the appeal and performance of its content. A few unsuccessful productions can significantly impact revenues and profitability.
Intense Competition: The industry is highly fragmented with numerous players, leading to price pressure and a constant need to innovate and differentiate.
Client Concentration: Dependence on a few large broadcasters or OTT platforms for content commissions or licensing can expose the company to significant revenue risk if a key client reduces orders.
Regulatory & Censorship Risks: Changes in broadcasting policies, content guidelines, or censorship regulations in India can affect content creation and distribution.
Technological Disruption: Rapid shifts in consumer preferences and technology (e.g., decline of linear TV, rise of user-generated content) require constant adaptation and investment.
Funding & Capital Intensive Nature: Content production requires significant upfront capital investment, and timely recovery of costs is crucial.
Management & Ownership
Sharpline Broadcast Ltd., like many Indian companies of its size, is likely promoter-driven. This typically means that the founding family or individuals retain significant ownership and exert strong control over the company's strategic direction and day-to-day operations. Promoter holdings are often high, signaling a long-term commitment. Without specific information, assessing management quality beyond this general observation is not feasible.
Outlook
Sharpline Broadcast Ltd. operates in a vibrant and growing Indian media market, offering significant opportunities driven by increasing content consumption and the expansion of digital platforms. The ability to create compelling, high-quality content that resonates with audiences, particularly in niche or regional segments, could drive growth. However, the company faces inherent risks associated with content success, intense competition from larger, well-funded players, and the dynamic nature of consumer preferences and technology. Sustained success will depend on its ability to consistently deliver popular content, manage production costs effectively, and adapt to evolving distribution models, particularly leveraging the OTT ecosystem.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
| #(Fig in Cr.) | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 7 | 8 | 6 | 9 | 11 | 31 | 30 | 21 | 22 |
| Other Income | 0 | 1 | 0 | 1 | 0 | 1 | 1 | 1 | 1 |
| Total Income | 7 | 9 | 6 | 10 | 11 | 32 | 30 | 22 | 23 |
| Total Expenditure | 6 | 11 | 9 | 11 | 11 | 25 | 30 | 25 | 13 |
| Operating Profit | 1 | -2 | -3 | -2 | 0 | 8 | 0 | -3 | 10 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | -0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 1 | -2 | -3 | -2 | -0 | 7 | -1 | -4 | 9 |
| Provision for Tax | 0 | -0 | -0 | 0 | 0 | 1 | 0 | -0 | 1 |
| Profit After Tax | 1 | -1 | -3 | -2 | -0 | 6 | -1 | -4 | 8 |
| Adjustments | 0 | 0 | 0 | -0 | 0 | 0 | -1 | 1 | -0 |
| Profit After Adjustments | 1 | -1 | -3 | -2 | -0 | 6 | -2 | -2 | 8 |
| Adjusted Earnings Per Share | 0.5 | -0.8 | -1.7 | -1.1 | -0.1 | 3.7 | -1.2 | -1.5 | 4.6 |
| #(Fig in Cr.) | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|
| Net Sales | 31 | 58 | 104 |
| Other Income | 1 | 2 | 4 |
| Total Income | 32 | 60 | 107 |
| Total Expenditure | 29 | 56 | 93 |
| Operating Profit | 3 | 4 | 15 |
| Interest | 0 | 1 | 0 |
| Depreciation | 1 | 1 | 1 |
| Exceptional Income / Expenses | 0 | 0 | 0 |
| Profit Before Tax | 2 | 2 | 11 |
| Provision for Tax | 1 | 1 | 2 |
| Profit After Tax | 2 | 1 | 9 |
| Adjustments | 0 | 0 | 0 |
| Profit After Adjustments | 2 | 1 | 10 |
| Adjusted Earnings Per Share | 0.9 | 0.4 | 5.6 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 87% | 0% | 0% | 0% |
| Operating Profit CAGR | 33% | 0% | 0% | 0% |
| PAT CAGR | -50% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | 14% | 19% | NA% | NA% |
| ROE Average | 3% | 5% | 5% | 5% |
| ROCE Average | 8% | 8% | 8% | 8% |
| #(Fig in Cr.) | Mar 2024 | Mar 2025 |
|---|---|---|
| Shareholder's Funds | 22 | 22 |
| Minority's Interest | 0 | 6 |
| Borrowings | 1 | 9 |
| Other Non-Current Liabilities | 0 | -0 |
| Total Current Liabilities | 19 | 38 |
| Total Liabilities | 43 | 75 |
| Fixed Assets | 2 | 8 |
| Other Non-Current Assets | 25 | 13 |
| Total Current Assets | 15 | 53 |
| Total Assets | 43 | 75 |
| #(Fig in Cr.) | Mar 2024 | Mar 2025 |
|---|---|---|
| Opening Cash & Cash Equivalents | 0 | 0 |
| Cash Flow from Operating Activities | 8 | -13 |
| Cash Flow from Investing Activities | -1 | 7 |
| Cash Flow from Financing Activities | -7 | 7 |
| Net Cash Inflow / Outflow | -0 | 1 |
| Closing Cash & Cash Equivalent | 0 | 1 |
| # | Mar 2024 | Mar 2025 |
|---|---|---|
| Earnings Per Share (Rs) | 0.93 | 0.39 |
| CEPS(Rs) | 1.32 | 1.04 |
| DPS(Rs) | 0 | 0 |
| Book NAV/Share(Rs) | 13.07 | 13.12 |
| Core EBITDA Margin(%) | 7.41 | 2.99 |
| EBIT Margin(%) | 7.92 | 4.36 |
| Pre Tax Margin(%) | 6.57 | 3.21 |
| PAT Margin (%) | 4.94 | 1.03 |
| Cash Profit Margin (%) | 7.04 | 3.04 |
| ROA(%) | 3.65 | 1 |
| ROE(%) | 7.09 | 2.69 |
| ROCE(%) | 7.74 | 7.66 |
| Receivable days | 81.07 | 56.36 |
| Inventory Days | 0 | 29.85 |
| Payable days | 1112.63 | 369.8 |
| PER(x) | 6.96 | 30.22 |
| Price/Book(x) | 0.49 | 0.89 |
| Dividend Yield(%) | 0 | 0 |
| EV/Net Sales(x) | 0.67 | 0.52 |
| EV/Core EBITDA(x) | 6.68 | 8.13 |
| Net Sales Growth(%) | 0 | 82.89 |
| EBIT Growth(%) | 0 | 0.66 |
| PAT Growth(%) | 0 | -62.01 |
| EPS Growth(%) | 0 | -58.22 |
| Debt/Equity(x) | 0.47 | 0.51 |
| Current Ratio(x) | 0.77 | 1.39 |
| Quick Ratio(x) | 0.77 | 1.27 |
| Interest Cover(x) | 5.9 | 3.82 |
| Total Debt/Mcap(x) | 0.95 | 0.58 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 29.68 | 29.68 | 29.68 | 29.68 | 29.68 | 29.68 | 29.68 | 29.68 | 29.68 | 29.68 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.15 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 70.32 | 70.32 | 70.32 | 70.32 | 70.32 | 70.32 | 70.32 | 70.32 | 70.32 | 70.17 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | +87% | — | — | — |
| Operating Profit CAGR | +33% | — | — | — |
| PAT CAGR | -50% | — | — | — |
| Share Price CAGR | +14% | +19% | — | — |
| ROE Average | +3% | +5% | +5% | +5% |
| ROCE Average | +8% | +8% | +8% | +8% |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 29.68 | 29.68 | 29.68 | 29.68 | 29.68 | 29.68 | 29.68 | 29.68 | 29.68 | 29.68 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.15 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 70.32 | 70.32 | 70.32 | 70.32 | 70.32 | 70.32 | 70.32 | 70.32 | 70.32 | 70.32 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 | 0.5 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 | 1.18 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 | 1.68 |
* 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.