76.0700 0.02 (0.03%)
NSE Sep 19, 2025 15:31 PM
Volume: 44,320
 

logo
UFO Moviez India Ltd.
19 Jul 2017, 12:00AM
76.07
0.03%
IDBI Capital
We believe that despite a double-hit Demonetisation and GST UFO Moviez' InCinema advertisement is set for a 30%+ growth in FY18/19. We expect higher impact of GST in Q1FY18 vs. our earlier expectation and forecast a 13.2% YoY growth vs. 19.2% earlier. However, our FY18 forecast remains largely in-tact (-0.5%). Q1 has been between 16.6% and 23% of the full year advertisement revenue in FY15-17 and is 18.8% of our revised FY18 forecast. We largely maintain our FY18/19 revenue/EBITDA/EPS forecast. We maintain BUY with TP of 690 based on EV/EBITDA of 9x FY19E. Key Highlights and Investment Rationale...
UFO Moviez India Ltd. is trading above its 150 day SMA of 72.5
More from UFO Moviez India Ltd.
Recommended