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

UFO Moviez India Ltd.    
22 Feb 2018
72.85
-0.48%
IDBI Capital
We cut our FY18/19E EBITDA by 12.8%/13.6%. We introduce FY20 financials and now forecast FY18-20E CAGR of 16%/24% in EBITDA/EPS. UFO Moviez now expects the merger with Qube Cinema to be completed in Q3FY19 vs. Q1FY19 earlier. We continue to believe that the merger would be a game changer for UFO Moviez. We remain confident of UFO Moviez's advertisement revenue growth improving to 27.8% YoY in FY19E and 32.4% in FY20E. Key Highlights and Investment Rationale Continue to believe that merger with Qube Cinema will be a game-changer...
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UFO Moviez India Ltd. has lost -48.37% in the last 1 Year
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