PANORAMA
PANORAMA STUDIOS INTERNATIONAL financials
- Market cap
- ₹1.4k Cr
Quarterly results
Q1 FY27: revenue up 34.6%, net profit up 225.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 82 | 34 | 213 | 136 | 78 −5% | 29 −15% | 65 −69% | 183 +35% |
| EBITDA | 8 | 4 | 44 | 8 | 2 −75% | 1 −75% | 13 −70% | 20 +150% |
| Net profit | 5 | 1 | 31 | 4 | 1 −80% | -2 −300% | 7 −77% | 13 +225% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +12.6% 1Y
1Y: ₹47.76 on 10 Sept 2025 → ₹53.78. High ₹58.53 (13 Oct 2025), low ₹32.38 (30 Mar 2026).
Financials, as filed
Revenue fell 16.2% a year over 2 years, FY24 to FY26. Operating margin narrowed to 7.8%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹439 Cr | ₹365 Cr | ₹308 Cr |
| Operating profit | ₹60 Cr | ₹60 Cr | ₹24 Cr |
| Operating margin | 13.7% | 16.4% | 7.8% |
| Interest | ₹13 Cr | ₹8 Cr | ₹12 Cr |
| Depreciation | ₹0 Cr | ₹2 Cr | ₹6 Cr |
| Net profit | ₹38 Cr | ₹39 Cr | ₹10 Cr |
| Net margin | 8.7% | 10.7% | 3.2% |
| Cash from operations | ₹-8 Cr | ₹-26 Cr | ₹-4 Cr |
| Free cash flow | ₹-11 Cr | ₹-68 Cr | ₹-10 Cr |
| ROCE | 46.0% | 27.0% | 9.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹8 Cr | ₹12 Cr | ₹12 Cr | ₹13 Cr | ₹15 Cr | ₹52 Cr |
| Reserves | ₹12 Cr | ₹11 Cr | ₹49 Cr | ₹121 Cr | ₹197 Cr | ₹169 Cr |
| Borrowings | ₹26 Cr | ₹74 Cr | ₹38 Cr | ₹33 Cr | ₹84 Cr | ₹130 Cr |
| Other liabilities | ₹178 Cr | ₹153 Cr | ₹142 Cr | ₹289 Cr | ₹282 Cr | ₹470 Cr |
| Total liabilities | ₹223 Cr | ₹251 Cr | ₹241 Cr | ₹456 Cr | ₹578 Cr | ₹821 Cr |
| Fixed assets | ₹24 Cr | ₹13 Cr | ₹14 Cr | ₹5 Cr | ₹48 Cr | ₹46 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹1 Cr |
| Other assets | ₹199 Cr | ₹238 Cr | ₹227 Cr | ₹451 Cr | ₹530 Cr | ₹774 Cr |
| Total assets | ₹223 Cr | ₹251 Cr | ₹241 Cr | ₹456 Cr | ₹578 Cr | ₹821 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, promoters added +1.65 pp while FIIs trimmed −1.06 pp. The shareholder count grew 28% to 6,316.
- Promoters
- 66.6%
- FIIs
- 0.3%
- DIIs
- 0.1%
- Public
- 33.0%
Since Jun 2025
- Promoters +1.65 pp
- FIIs −1.06 pp
- Public −0.49 pp
How it drifted, 12 quarters
Over this window promoters fell from 73.2% to 66.6% — −6.6 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 73.2%, Public 26.8%.Dec '23: Promoters 73.2%, Public 26.8%.Mar '24: Promoters 68.3%, Public 31.7%.Jun '24: Promoters 67.2%, Public 32.8%.Sep '24: Promoters 67.2%, Public 32.9%.Dec '24: Promoters 65.0%, FIIs 0.8%, DIIs 0.2%, Public 34.0%.Mar '25: Promoters 65.0%, FIIs 1.5%, DIIs 0.2%, Public 33.4%.Jun '25: Promoters 65.0%, FIIs 1.4%, DIIs 0.2%, Public 33.5%.Sep '25: Promoters 65.0%, FIIs 0.5%, DIIs 0.2%, Public 34.4%.Dec '25: Promoters 66.6%, FIIs 0.5%, DIIs 0.2%, Public 32.8%.Mar '26: Promoters 66.6%, FIIs 0.5%, DIIs 0.2%, Public 32.8%.Jun '26: Promoters 66.6%, FIIs 0.3%, DIIs 0.1%, Public 33.0%.
Who is on the register
Named in the Jun 2026 filing
Every holder of PANORAMA STUDIOS INTERNATIONAL LIMITED above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Kumar Mangat Rajaram Pathak | 35.27% | unchanged |
| Abhishek Pathak | 25.40% | unchanged |
| Anamika Pathak | 2.02% | unchanged |
| Anand Kamalnayan Pandit | 1.85% | unchanged |
| Ajay Devgan | 1.34% | unchanged |
| Neelam Kumarmangat Pathak | 1.34% | unchanged |
| Intellect Heights Private Limited | 1.12% | unchanged |
| S V Swaroop Reddy | 1.01% | unchanged |
| Raghav Sachar | 1.01% | unchanged |
| Sanjeev Joshi | 1.01% | unchanged |
| Shivaleeka Oberoi Pathak | 0.34% | unchanged |
| Murlidhar Kishinchand Chhatwani | 0.24% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse PANORAMA STUDIOS INTERNATIONAL LIMITED
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