Panorama Studios International is a diversified film studio with a presence in Production and Distribution. Over the years, Panorama Studios has produced a variety of commercially successful and critically acclaimed films like Omkara, Special 26, Drishyam, Singham, among many others including major box offices. As a result, the company’s stock has been on a consistent uptrend, giving investors huge returns with stability.
Weekly Chart Analysis
A glance at the weekly chart reveals an impressive upward trajectory.
In 2021, the stock was valued at around 50 rupees per share. Fast forward to 2023, and the share price has soared past the 250-rupee mark, delivering an outstanding return on investment of close to 400 percent. This consistent growth trend signifies stability and profitability for investors, making Panorama Studios a standout choice in the competitive market.
Impressive Q2 FY 2023-24 Results
Panorama Studios continues to shine in its financial performance, with Q2 FY23-24 results showcasing robust figures. Net sales surged to Rs 39.73 crore, marking a 36.25% increase from the previous year. The quarterly net profit saw an impressive rise of 205.51%, reaching Rs 4.21 crore. EBITDA stood at Rs 6.68 crore, up by 268.69%, and the earnings per share (EPS) increased from Rs 3.21 in September 2022 to Rs 3.38 in September 2023. These stellar financials underscore Panorama Studios’ commitment to delivering value to its investors.
Strategic Collaboration with PVR
Panorama Studios recently forged a strategic alliance with PVR Pictures Limited for nationwide film distribution. PVR Pictures, a subsidiary of PVR Limited, boasts a vast network of 781 screens across 67 Indian cities. This collaboration positions Panorama Studios to reach a wider audience and tap into new markets, solidifying its presence in the Indian film industry.
Additional Company Highlights
Panorama Studios has not only achieved success in the cinematic realm but has also made significant strides in financial management and operational efficiency:
- The company has successfully reduced its debt, enhancing financial stability.
- Anticipated strong performance in the upcoming quarters adds to the company’s positive outlook.
- With an impressive return on equity (ROE) track record of 40.9% over three years, Panorama Studios continues to be a sound investment.
- Noteworthy improvements in debtor days, reducing from 228 to 27.6 days, showcase enhanced financial management.
- The company’s working capital requirements have decreased from 225 days to 102 days, indicating improved operational efficiency.
In the realm of potential opportunities within the film industry, Panorama Studios International surfaces as a noteworthy choice. Backed by a history of remarkable success and propelled by strategic endeavors, this cinematic powerhouse distinguishes itself. Nevertheless, investors should prioritize diligent research and ensure their investment decisions align with their specific financial objectives.
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