Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹1350 Cr.
Stock P/E
33.7
P/B
—
Current Price
₹433.3
Book Value
₹ 0
Face Value
10
52W High
₹524.8
52W Low
₹ 327
Dividend Yield
0%

Sunshine Pictures Overview

Business

Sunshine Pictures Ltd. (SUNSHINE) operates in the Film Production, Distribution & Entertainment sector in India. Its core business involves the end-to-end process of creating cinematic content, from conceptualization and script development to full-scale production. The company then monetizes this content through various channels, including theatrical releases, domestic and international film distribution, and licensing rights. Revenue is primarily generated from box office collections, sale of satellite broadcasting rights, digital streaming rights to Over-The-Top (OTT) platforms, music rights, and other ancillary revenue streams like merchandising and remake rights.

Revenue Mix

Based on its industry, Sunshine Pictures Ltd. likely derives revenue from the following key segments:

Film Production: Direct investment in producing films.

Film Distribution: Managing the release and theatrical run of films, both self-produced and potentially acquired third-party content.

Content Licensing: Selling satellite broadcasting rights to TV channels and digital streaming rights to OTT platforms for its film library and new releases.

Ancillary Revenues: This could include music rights, overseas distribution, merchandising, and potential for other entertainment ventures.

Specific revenue contributions from each segment are not available.

Industry

The Indian Film Production, Distribution & Entertainment industry is highly dynamic, competitive, and largely content-driven. It is characterized by a mix of large integrated studios, established production houses, and numerous independent creators. The industry structure is increasingly influenced by the rise of digital streaming platforms, which complement or sometimes compete with traditional theatrical releases. Success is highly dependent on content quality, star power, effective marketing, and a strong distribution network. Without specific information, Sunshine Pictures Ltd. operates within this fragmented landscape, competing with both established players and emerging content producers for talent, audience attention, and monetization opportunities.

MOAT

The film industry makes it challenging to build durable moats due to the "hits-driven" nature of the business and the unpredictable nature of audience preferences. Potential competitive advantages for Sunshine Pictures Ltd. could include:

Brand Reputation: A consistent track record of successful and critically acclaimed films across genres, creating audience loyalty and attracting top talent.

Content Library: A valuable back-catalogue of films that can be licensed repeatedly for satellite and digital rights.

Talent Relationships: Strong long-term relationships with leading actors, directors, writers, and technical crew, ensuring access to key creative resources.

Distribution Network: An established and efficient distribution network, both domestically and internationally, to maximize reach and box office potential.

Financial Strength: The ability to fund large-scale productions and absorb the risks associated with potential box office failures.

However, without further information, it is difficult to definitively assess whether Sunshine Pictures Ltd. possesses a strong, sustainable competitive advantage.

Growth Drivers

Key factors that could drive growth for Sunshine Pictures Ltd. over the next 3-5 years include:

Increased Content Consumption: Growing disposable incomes and rising digital penetration in India leading to higher demand for entertainment content, both theatrical and digital.

OTT Platform Boom: Strategic partnerships and lucrative licensing deals with domestic and international streaming platforms, providing new monetization avenues for films.

Multiplex Expansion: Growth in the number of multiplex screens in Tier 2 and Tier 3 cities, expanding the theatrical audience reach.

Global Reach of Indian Content: Increasing appetite for Indian films and series in international markets.

Technological Advancements: Adoption of new production technologies (e.g., VFX, virtual production) to enhance film quality and efficiency.

Successful Content Pipeline: Consistent delivery of commercially successful and critically acclaimed films across various genres and languages.

Risks

Sunshine Pictures Ltd. faces several inherent risks:

Content Risk/Box Office Failure: High dependence on the success of individual film releases. A string of flops can significantly impact financial performance and reputation.

High Production Costs: Escalating costs of talent, production, and marketing, increasing the financial stakes for each project.

Competition: Intense competition from other production houses, both large studios and independent players, for scripts, talent, and audience share.

Changing Consumer Preferences: Rapid shifts in audience tastes and consumption habits (e.g., preference for OTT over cinema) necessitating continuous adaptation.

Piracy: Impact of illegal distribution of content, leading to revenue loss.

Regulatory & Censorship Risks: Potential changes in censorship policies or other government regulations affecting film content and exhibition.

Economic Downturns: Reduced discretionary spending by consumers on entertainment during economic slowdowns.

Pandemic-related Disruptions: Future unforeseen events similar to COVID-19 that can halt production and theatrical releases.

Management & Ownership

As is common in India, Sunshine Pictures Ltd. is likely promoter-led. However, without specific details, information regarding the promoters, their background, the quality of the management team, and the specific ownership structure (e.g., public float, institutional holdings, promoter shareholding) is not available. Effective leadership and a clear vision are crucial in this high-risk industry.

Outlook

Sunshine Pictures Ltd. operates in a vibrant yet highly volatile industry. The company's future hinges on its ability to consistently produce compelling content that resonates with evolving audience tastes across theatrical and digital platforms. The growth of OTT services presents both a significant opportunity for expanded monetization and a challenge to adapt traditional release strategies. Success will require a careful balance of creative excellence, efficient financial management of production budgets, astute marketing, and strategic partnerships. A strong content pipeline combined with effective rights monetization can lead to substantial growth, while a string of underperforming films or failure to adapt to market shifts could pose significant challenges given the high-risk nature of the entertainment business.

Sunshine Pictures Share Price

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

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Sunshine Pictures Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Sunshine Pictures Profit & Loss

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 87 27 134 103
Other Income 0 0 6 2
Total Income 87 27 139 106
Total Expenditure 72 22 65 55
Operating Profit 15 4 74 51
Interest 0 0 1 2
Depreciation 0 1 2 3
Exceptional Income / Expenses 0 0 0 0
Profit Before Tax 15 3 71 46
Provision for Tax 4 1 18 12
Profit After Tax 11 2 53 34
Adjustments 0 0 0 0
Profit After Adjustments 11 2 53 34
Adjusted Earnings Per Share 3.7 0.8 20.3 13.1

Sunshine Pictures Balance Sheet

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 25 27 71 105
Minority's Interest 0 0 0 0
Borrowings 0 0 0 2
Other Non-Current Liabilities -0 -0 0 1
Total Current Liabilities 2 12 44 32
Total Liabilities 26 39 114 139
Fixed Assets 10 10 12 13
Other Non-Current Assets 4 8 23 4
Total Current Assets 13 21 79 107
Total Assets 26 39 114 139

Sunshine Pictures Cash Flow

#(Fig in Cr.) Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 16 4 0 1
Cash Flow from Operating Activities -3 -5 32 28
Cash Flow from Investing Activities -10 -4 -30 -11
Cash Flow from Financing Activities -0 6 -1 -7
Net Cash Inflow / Outflow -13 -3 1 10
Closing Cash & Cash Equivalent 4 0 1 12

Sunshine Pictures Ratios

# Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 3.72 0.77 20.25 13.08
CEPS(Rs) 3.86 1.17 21.09 14.13
DPS(Rs) 0 0 0.02 0
Book NAV/Share(Rs) 8.31 9.07 26.8 39.88
Core EBITDA Margin(%) 17.35 15.34 51.06 46.72
EBIT Margin(%) 16.97 12.28 53.63 46.44
Pre Tax Margin(%) 16.93 11.77 53.11 44.74
PAT Margin (%) 12.86 8.72 39.87 33.35
Cash Profit Margin (%) 13.34 13.27 41.53 36.04
ROA(%) 42.32 7.04 69.5 27.16
ROE(%) 44.81 8.84 108.99 39.24
ROCE(%) 59.17 11.08 118.55 47.16
Receivable days 2.66 0 21.73 64.21
Inventory Days 20.3 146.35 55.56 85.47
Payable days 17.08 -93.25 -268.64 9179.1
PER(x) 0 0 0 0
Price/Book(x) 0 0 0 0
Dividend Yield(%) 0 0 0 0
EV/Net Sales(x) -0.04 0.24 0.12 0.25
EV/Core EBITDA(x) -0.22 1.4 0.21 0.51
Net Sales Growth(%) 0 -69.57 404.72 -22.77
EBIT Growth(%) 0 -77.98 2103.26 -33.13
PAT Growth(%) 0 -79.37 2208.38 -35.4
EPS Growth(%) 0 -79.37 2536.56 -35.41
Debt/Equity(x) 0 0.24 0.24 0.11
Current Ratio(x) 7.8 1.8 1.82 3.39
Quick Ratio(x) 4.86 0.42 1.26 2.63
Interest Cover(x) 385.13 23.65 104.52 27.35
Total Debt/Mcap(x) 0 0 0 0

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -23% +6% — —
Operating Profit CAGR -31% +50% — —
PAT CAGR -36% +46% — —
Share Price CAGR — — — —
ROE Average +39% +52% +50% +50%
ROCE Average +47% +59% +59% +59%

Sunshine Pictures Shareholding Pattern

Latest · Sep 2026
100% held
Promoters 74.84 %
FII 2.31 %
DII (MF + Insurance) 1.34 %
Public (retail) 21.51 %
# Jun 2026 Aug 2026 Sep 2026
Promoter 074.8474.84
FII 02.932.31
DII 06.041.34
Public 016.1821.51
Others 000
Total 100100100

Sunshine Pictures Peer Comparison

Film Production, Distribution & Entertainment Edit Columns

Sunshine Pictures Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Sunshine Pictures Pros & Cons

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 52%
  • Company is almost debt free.

Cons

    0
  • Debtor days have increased from -268.64 to 9179.1days.
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