72.85 -0.35 (-0.48%)
NSE Oct 23, 2020 15:31 PM
Volume: 60,307
 

UFO Moviez India Ltd.    
23 Jan 2017, 12:00AM
72.85
-0.48%
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%...
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