Chennai-headquartered visual-effects (VFX) studio delivering end-to-end VFX for films, TV/web series and commercials, with additional studios in Pune, Bengaluru, London, Paris and Vancouver.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 1 | 17 | 23 | 23 | 25 | 25 |
| Reserves | 3 | 15 | 100 | 179 | 284 | 309 |
| Borrowings | 4 | 4 | 2 | 51 | 66 | 106 |
| Other Liabilities | 8 | 18 | 17 | 54 | 61 | 96 |
| Total Liabilities | 16 | 53 | 143 | 307 | 437 | 537 |
| AssetsFixed Assets | 1 | 2 | 2 | 95 | 99 | 198 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 15 | 51 | 141 | 212 | 338 | 339 |
| Total Assets | 16 | 53 | 143 | 307 | 437 | 537 |
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ActivitiesCash from Operating | 1 | 11 | -28 | 10 | 23 |
| Cash from Investing | 0 | -5 | -32 | -72 | -86 |
| Cash from Financing | 3 | -1 | 53 | 89 | 78 |
| SummaryCapital Expenditure | — | — | — | — | — |
| Free Cash Flow | 0 | 10 | -29 | -90 | -50 |
| FCF Margin | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
BASILIC · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.