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|Summary||Date||Stock||Broker||Price at Reco.||Target||Price at reco|
Change since reco(%)
|2018-11-15||Shemaroo Entertainme..||Nirmal Bang||457.50||644.00||457.50 (-88.00%)||Buy|
Shemaroo reported improved set of numbers for the quarter. Net sales came in at Rs 163.3cr (+32.4% QoQ, +21.6% YoY) in Q2FY19 vs QoQ Rs. 123.4 Cr, YoY Rs. 134.4 Cr. Improvement in revenue was led by both Traditional & New media business which grew by 39.3 % QoQ/17.5% YoY & 17.2% QoQ / 33.3% YoY respectively. Although sales increased Ebitda margins depressed by 542bps QoQ mainly due to rebranding expense which is one off. In Q1FY19 the company has rebranded its corporate identity after 55 years by a new logo and announces India Khush Hua' as its new tagline. Lower Ebitda margin led to lower PAT...
|2018-09-12||Shemaroo Entertainme..||Joindre Capital Services||495.00||640.00||495.00 (-88.91%)||Buy|
Joindre Capital Services
Incorporated in 1962, Shemaroo Entertainment Ltd, a content aggregator, is an established Film Entertainment "Content House" in India. The content Library of the company consists of more than 3500 titles spanning Hindi films and titles in various other regional languages like Marathi, Gujarati, etc. as well as non-film...
|2018-08-02||Shemaroo Entertainme..||Nirmal Bang||504.55||643.00||504.55 (-89.12%)||Buy|
Shemaroo reported improved set of numbers on the profitability front for the quarter. Net sales came in at Rs 123.4cr in Q1FY19 vs. Rs 118.4 cr in Q4FY18, grew by 4.2% QoQ. Improvement in revenue was led by both Traditional & New media business which grew by 1.08 % & 12.1% respectively. Ebitda margins improved by 47.3bps QoQ. Higher tax rate reduced the impact of improvement in Ebitda margin on PAT Margin which came at 15.84% in Q1FY19 vs. 15.82% in Q4FY18.The company has rebranded its corporate identity after 55 years by a new logo and announces India Khush Hua' as its new tagline...
|2018-07-27||Shemaroo Entertainme..||Dolat Capital||497.90||575.00||497.90 (-88.97%)||Buy|
Growth momentum led by new media; upgrade to Buy SHEM reported a healthy Q1FY19 with revenue growth of 19% YoY to ` 1234 (DCMe: `1219). EBITDA margin declined 70bps YoY to 31.5% due to higher operating expenditure. Traditional media segment grew 12.5% YoY on account of low base of DeMo. New media segment grew 36.3% YoY on back of expansion towards digital reach. We expect a minor convergence in the margins due to investment in digital, weak revenue growth in the YouTube segment and higher expenditure towards manpower. We upgrade the stock...
|2018-02-16||Shemaroo Entertainme..||Nirmal Bang||515.00||618.00||515.00 (-89.34%)||Buy|
Shemaroo reported mix set of numbers QoQ, however, management guidance of maintaining inventory remains intact. Net sales came in at Rs 132.6cr in Q3FY18 vs. Rs 134.3 cr in Q2FY18, de grew by 1.3% QoQ. Decline in revenue was led by both Traditional Business which de grew by 0.7% QoQ & New media business which de grew by 3.22% QoQ. Inspite of decline in sales Ebitda margins improved by 11.89bps QoQ. Change in inventory came in at Rs 8.9 cr vs Rs 14.2 cr in Q2FY18. Improvement in Ebitda margins with Higher tax led to decline in...
|2018-01-11||Shemaroo Entertainme..||Nirmal Bang||451.25||612.00||451.25 (-87.83%)||Buy|
Shemaroo reported mix set of numbers QoQ with decline in Inventory , sustained high growth in new media but decline in margin .Net sales came in at Rs 134.4cr in Q2FY18 vs. Rs 103.6 cr in Q1FY18 up by 29.7% % QoQ. Growth was supported by both growth in the new media business (grew by 42.8% QoQ) & Traditional media business (grew by 12.2% QoQ). Even with growth in sales, margins dipped. Gross margins dipped by 826.5 bps QoQ &Ebitda; margins depressed by 536.5 bps QoQ to 26.9% in Q2FY18 vs. 32.2% in Q1FY18. Decline in margins was mainly due to higher content cost and slow rampup in services...
|2017-10-03||Shemaroo Entertainme..||Nirmal Bang||367.00||485.00||367.00 (-85.04%)||Target met||Buy|
|2017-05-15||Shemaroo Entertainme..||Arihant Capital||344.10||421.00||344.10 (-84.05%)||Target met||Buy|
Traditional media growth rate fell by 18% YoY for the quarter under review and sequentially the revenue growth fell by 22%. Share in revenue for traditional media stood at 73.8% vs. 83% YoY and 79.1% sequentially. Operating margins for the company fell owing to the degrowth in traditional media. EBITDA margin declined to 31.9% for the quarter under review against 34.9% in the corresponding quarter of the previous year. However margins improved from 27.6% sequentially. Profitability for the company deteriorated in comparison of both YoY and...
|2017-02-02||Shemaroo Entertainme..||Systematix Group||422.65||519.00||422.65 (-87.01%)||Target met||Buy|
Shemaroo Entertainment Ltd. (SEL) is one of the largest content aggregators with a library of ~3400 titles and is also engaged in the business of production and co-production. SEL acquires content from various production houses and monetizes it across various media platforms. With the promising growth estimated across internet platforms and smart phone...
|2016-05-17||Shemaroo Entertainme..||LKP Securities||324.50||306.00||324.50 (-83.08%)|
Shemaroo Entertainment (Shemaroo) is India's leading media content house since 1962 with activities such as content acquisition and distribution on various platforms. The company has developed to become a formidable content aggregator in India,...