75.7800 -0.03 (-0.04%)
NSE Jul 17, 2025 12:55 PM
Volume: 27,656
 

75.78
-0.04%
IDBI Capital
Over-all revenue growth was a beat due to higher hardware sales. EBITDA margin of 31.2%, 490bps YoY, was a miss. However, EPS of Rs7.1, +7.7% YoY, was a beat aided by lower tax rate. UFO Moviez has maintained its FY18 guidance for a 30% advertisement revenue growth. Given the pick-up in CARVAN business and alliance with United Media Works, we are confident of UFO Moviez achieving the guidance and forecast a 34% YoY growth. We largely maintain our FY18/19 revenue/EBITDA/EPS forecast. We rollover to FY19E and value UFO Moviez at 8x EV/EBITDA (9x FY18E earlier). We maintain BUY with TP of 690 (from Rs675)....
UFO Moviez India Ltd. is trading below its 150 day SMA of 79.3
More from UFO Moviez India Ltd.
Recommended