Pune-based VFX studio delivering visual effects for Hollywood films, TV series, web series and commercials, with a Canada subsidiary and a growing push into virtual production, branded OTT content and AI SaaS.
Price
Market Cap
Sector
Consumer Discretionary
Rank
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 1 | 1 | 6 | 6 | 6 | 13 |
| Reserves | 0 | 5 | 36 | 28 | 35 | 35 |
| Borrowings | 3 | 6 | 9 | 40 | 41 | 55 |
| Other Liabilities | 3 | 8 | 7 | 10 | 13 | 13 |
| Total Liabilities | 8 | 20 | 58 | 84 | 95 | 116 |
| AssetsFixed Assets | 4 | 4 | 9 | 20 | 14 | 13 |
| CWIP | 0 | 2 | 6 | 0 | 0 | 0 |
| Investments | 0 | 0 | 1 | 0 | 4 | 4 |
| Other Assets | 4 | 14 | 41 | 64 | 77 | 99 |
| Total Assets | 8 | 20 | 58 | 84 | 95 | 116 |
| Line item | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ActivitiesCash from Operating | 4 | 1 | -17 | -22 | -8 |
| Cash from Investing | -2 | -3 | -11 | -7 | -2 |
| Cash from Financing | -2 | 2 | 29 | 28 | 9 |
| SummaryCapital Expenditure | — | — | — | — | — |
| Free Cash Flow | 2 | -2 | -24 | -30 | -10 |
| 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.
DIGIKORE · CYCLICAL_UNMODELABLE
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