UFO Moviez India Ltd. News and Updates

Name: Latest research reports of UFO Moviez India Ltd. authored by IDBI Capital and published by - Trendlyne research reports.
Item: UFO Moviez India Ltd.
Rating: 5
Author: IDBI Capital

Keep track of all breaking news on UFO Moviez India Ltd. from all sources in a single place.

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UFO Moviez India Ltd.

25 Apr 2017

75.62

0.63%

Company Update on UFO Moviez India Ltd

Buy: UFO Moviez India Ltd.

Target

IDBI Capital

We maintain BUY on UFO Moviez with revised TP of Rs675 based on EV/EBITDA of 9x FY18F. For Q4FY17 we forecast flattish advertisement revenue YoY, impacted by demonetization. We expect this to impact the profitability and forecast EPS of Rs6.5, +1% YoY. However, we remain bullish about the FY18/19 growth in In-cinema' advertisement revenue. This has been reinforced by the recent deal with United Media Works. We await more details on the deal, which would be an upside trigger to our forecast. We factor flattish advertisement revenue in Q4FY17 and cut FY17/18E revenue by 1.5%/1.8% and EPS by 4.9%/5.6%. However, we maintain that UFO Moviez has significant re-rating...

UFO Moviez India Ltd. is trading below its 150 day SMA of 79.5

UFO Moviez India Ltd.

31 Mar 2017

75.62

0.63%

Nova Cinemaz inks pact with Y Screens Entertainment

Business Line

UFO Moviez's asset-light franchisee venture Nova Cinemaz has inked an agreement with Y Screens Entertainment India to set up over 225 cinema screens in Andhra Pradesh and Telangana by 2020. Nova...

UFO Moviez India Ltd. has lost -43.28% in the last 1 Year

UFO Moviez India Ltd.

25 Mar 2017

75.62

0.63%

UFO Moviez: Banking on movie buffs

Business Line

UFO Moviez, which made its initial public offer in 2015, is well-placed to make the most of the increasing spends on leisure activities in India. While the name might make one smirk, the business...

UFO Moviez India Ltd. is trading below its 150 day SMA of 79.5

UFO Moviez India Ltd.

06 Mar 2017

75.62

0.63%

'Real aspiration for movies & growth of screens lie in tier-2 & 3 India'

Business Standard

Interview with Sanjay Gaikwad, Founder and managing director, UFO Moviez

UFO Moviez India Ltd. is trading above its 100 day SMA of 71.0

UFO Moviez India Ltd.

08 Feb 2017

75.62

0.63%

Result Review of UFO Moviez India Ltd

Buy: UFO Moviez India Ltd.

IDBI Capital

growth was a beat due to higher hardware sales. EBITDA margin of 29.1%, -150bps YoY, was a miss due to one-off costs and higher hardware sales. EPS of Rs4.9, -19.6% YoY, was a slight miss. FY17 advertisement revenue growth guidance of 20% YoY is in-line with our forecast. UFO Moviez now expects Caravan Talkies to achieve cash breakeven in Q1FY18 vs. H2FY17 earlier. We fine-tune our FY17/18E revenue by +2.1%/+2.8% and EPS by +0.5%/2.1%. We maintain that UFO Moviez has significant re-rating opportunity on the back of - 1) healthy earnings growth (we forecast FY16-19E CAGR of 15%), 2) improving RoE (18%+ from FY18E onwards up from 13% in FY16), 3) FCF yield of 7%/9.4% in FY17/18E and 4) net cash B/S....

UFO Moviez India Ltd. has lost -43.28% in the last 1 Year

UFO Moviez India Ltd.

23 Jan 2017

75.62

0.63%

Company Update on UFO Moviez India Ltd

Buy: UFO Moviez India Ltd.

Target

IDBI Capital

revenue would ease in Q4FY17. Given the strong movie slate, we expect up-tick in the growth in FY18 lead by growth in both Government and corporate segment driving a 29.2% YoY growth in in-cinema' advertisement. We forecast growth to sustain in FY19 (+31.2% YoY). We now forecast Caravan business to achieve EBITDA breakeven in FY19E. We await management's outlook on this business. We factor relatively slower advertisement growth and cut our FY17E/18E revenue by 3.6%/6.4%. As a result, we cut our FY17/18E EBITDA and EPS by 8.3%/11.6% and 16.3%/16%...