Cineline India Limited (CINELINE)

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Cineline India Limited (CINELINE) · mywealthgrid

About

Cineline India Limited operates across film production, distribution, and exhibition in the Indian entertainment sector. With a market cap of ₹303.52 Cr and zero debt, it spans three segments of the film value chain. Operating margin of 18.97% suggests relatively efficient cost management, though profitability has been highly volatile.

Face value: ₹5

Market cap

₹295 Cr

P/E

—

P/B

2.1×

Dividend yield

1.5%

ROE

-12%

ROCE

4.7%

Debt / equity

OPM

19%

EPS (TTM)

₹-5.1

Book value

₹41.8

52-week high

—

52-week low

—

Key insights

Company research notes and source-linked reviews

Key risks

Extreme earnings volatility: net profit ranged from -56.01 Cr loss (Mar 2025) to +6.21 Cr profit (Dec 2025) to -1.21 Cr loss (Jun 2026); PE is n/a. Verify underlying drivers and sustainability.
Revenue contracted 12.1% from ₹67.21 Cr (Dec 2025) to ₹59.27 Cr (Jun 2026); verify whether this reflects company-specific share loss or sector-wide headwind.
Negative ROE of -12.04% despite positive OPM indicates current earnings are insufficient for shareholder capital; verify path to positive returns.
Operating margins ranged from 12.54% to 25.56% across quarters; verify whether cost base is truly fixed or subject to cyclical pressures.

Generated analysis · source review pending

Growth drivers

Operating margin of 19.54% (Jun 2026) provides cash generation capacity if revenue stabilises; verify sustainability of margin levels and path to profitability.
Zero D/E ratio enables flexible capital deployment for production acquisitions or content investment without refinancing risk; verify capital allocation strategy.
Film exhibition and production revenue tied to theatrical release slate cycles; verify upcoming release pipeline and sector recovery from streaming competition.

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹86.0-2.5%1Y

Quick read

rule-based

Pros

+Revenue CAGR of 52.4% over the last 5 years
+Almost debt-free (debt/equity 0)
+High promoter holding of 69.6% with no pledge

Cons

−Low return on equity of -4.6% (3-yr avg)
−Weak interest coverage of 0.6×

Research score

Structured signal from quality, growth, valuation and momentum.

61/100

Business quality: 29
Growth: 62
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	24	26	29	45	141	248	211
	8	9	17	34	116	186	171
	16	17	12	11	24	62	40
OPM %	66.3%	65.6%	42%	25.2%	17.2%	25.1%	19%
Depreciation	4	5	8	19	22	31	24
Interest	10	18	22	35	34	41	29
	11	17	26	5	27	6	-24
Profit before tax	14	10	8	-38	-5	-4	-37
Tax	4	2	3	-2	-6	1	-20
Tax %	27.1%	20.7%	37.3%	-6%	-134.9%	21.1%	-52.8%
	10	8	5	-35	2	-5	-18
PAT margin %	40.7%	29.7%	16.8%	-78.8%	1.2%	-1.8%	-8.4%
EPS (₹)	3.5	2.7	1.7	-12.2	0.5	-1.4	-5.1
EPS adjusted (₹)	3.5	2.7	1.7	-11.8	0.5	-1.3	-5.1
Annual report	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025

₹ Cr	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity capital	14	14	14	15	16	17	17
Reserves	100	108	113	94	123	132	126
Minority interest	—	—	—	—	—	—	0
	156	168	311	321	242	229	0
	18	35	37	21	199	198	171
Total equity & liabilities	288	325	474	451	580	577	314
	8	7	318	300	485	479	215
CWIP	—	—	0	3	5	9	4
Investments	—	—	73	62	0	0	0
	281	318	83	87	90	89	95
Total assets	288	325	474	451	580	577	314

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2025 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Cinema exhibition	210.62	17.31	301.74	171.02	130.72	13.24
Discontinued operations	57.45	1.44

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Margins
Gross margin %	—	—	—	—	—	—	—
EBITDA margin %	66.3%	65.6%	42%	25.2%	17.2%	25.1%	19%
EBIT margin %	51.3%	44.5%	14.2%	-17.5%	1.7%	12.6%	7.4%
PAT margin %	40.7%	29.7%	16.8%	-78.8%	1.2%	-1.8%	-8.4%
Working capital
Receivable days	42	26	55	26	14	8	3
Inventory days	—	7	4	3	7	5	5
Payable days	—	—	138	74	65	46	35
NWC days	—	—	-80	-45	-44	-34	-26
Leverage
Current ratio	7.66	0.55	2.23	1.5	0.55	0.64	1.13
Debt to EBITDA	9.71	10	25.91	28.28	10	3.69	0
Debt to equity	1.36	1.38	2.45	2.95	1.74	1.53	0
Interest coverage	2.4	1.5	1.3	-0.1	0.2	0.9	0.6
Asset turnover	0.08	0.08	0.06	0.1	0.24	0.43	0.67
Return ratios
Return on assets %	3.4%	2.3%	1%	-7.9%	0.3%	-0.8%	-5.6%
Return on capital employed %	8.2%	9.5%	7.9%	-0.6%	1.3%	7.7%	4.7%
Return on equity %	8.6%	6.3%	3.8%	-32.5%	1.2%	-3%	-12.3%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	67%	69.6%	69.6%	69.6%	69.6%	69.6%	69.6%	69.6%	69.6%	69.6%	69.6%	69.6%
	0%	0%	1.1%	1.35%	1.36%	1.43%	1.11%	1.41%	2.19%	2.19%	2.19%	2.19%
	0%	0.47%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0.03%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	33%	29.93%	29.27%	29.02%	29.01%	28.94%	29.26%	28.96%	28.18%	28.21%	28.21%	28.21%
No. of shareholders	—	—	—	—	—	—	—	—	15,009	14,734	14,521	14,384

Promoter holding up 2.6 percentage points since Sep 2023.

15 deals · 4 Aug 2021 – 10 Dec 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
10 Dec 2024	ONE UP FINANCIAL CONSULTANTS PVT LTD	Bulk	NSE	Sell	8,00,000	₹141.36	₹11.31 Cr
21 Aug 2023	DREAM ACHIEVER CONSULTANCY SERVICES PRIVATE LIMITED	Bulk	NSE	Buy	1,59,921	₹111.95	₹1.79 Cr
21 Aug 2023	SAWARNBHUMI VANIJYA PRIVATE LIMITED	Bulk	NSE	Sell	1,59,538	₹111.95	₹1.79 Cr
6 Aug 2021	RAJESH SANGHVI	Bulk	NSE	Sell	2,00,000	₹98.66	₹1.97 Cr
6 Aug 2021	SHANGRILA CORPORATE SERVICES PRIVATE LIMITED	Bulk	NSE	Buy	1,50,000	₹100.68	₹1.51 Cr
6 Aug 2021	RATNABALI SECURITIES PRIVATE LIMITED	Bulk	NSE	Buy	1,46,000	₹98.46	₹1.44 Cr
6 Aug 2021	RATNABALI SECURITIES PRIVATE LIMITED	Bulk	NSE	Sell	30,000	₹100.81	₹0.30 Cr
5 Aug 2021	RAJESH SANGHVI	Bulk	NSE	Buy	2,00,000	₹93.96	₹1.88 Cr
5 Aug 2021	SHUBHAM FINANCIAL SERVICES	Bulk	NSE	Buy	1,98,097	₹86.58	₹1.72 Cr
5 Aug 2021	RATNABALIINVESTMENT PRIVATE LIMITED	Bulk	NSE	Buy	1,70,000	₹92.42	₹1.57 Cr

1–10 of 15

1 / 2

Mr. Rasesh KanakiaExecutive Director-Chairperson
Vipul ParekhChief Financial Officer
Mr. Himanshu KanakiaExecutive Director-MD
Mrs. Hiral KanakiaExecutive Director
Mr. Naushad PanjwaniNon-Executive - Independent Director
Mr. Shantilal HariaNon-Executive - Independent Director
Mr. Sanjiv MehtaNon-Executive - Independent Director
Mr. Ashish KanakiaChief Executive Officer
Mr. Palkeshkumar JainCompany Secretary & Compliane Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Cineline India Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

6

Final dividend16 Sept 2026 · ex-date₹1.25
Dividend dividend11 Sept 2017 · ex-date₹0.5
Dividend dividend23 Jul 2010 · ex-date₹1.2
Dividend dividend1 Sept 2009 · ex-date₹1.2
Dividend dividend21 Aug 2008 · ex-date₹1.5
Dividend dividend30 Aug 2007 · ex-date₹0.22

1

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

3 announcementsExport CSV

17 Sept 2026, 6:14 pmCompany Update

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation

Analyst / Investor Meet PDF

1 Sept 2026, 4:37 pmCompany Update

Communication To Shareholders - Intimation Of TDS On Dividend

General PDF

1 Sept 2026, 11:34 amCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

Date	Category	Subject	Filing
17 Sept 2026, 6:14 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
1 Sept 2026, 4:37 pm	Company Update General	Communication To Shareholders - Intimation Of TDS On Dividend

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Margins
Gross margin %	—	—	—	—	—	—	—
EBITDA margin %	66.3%	65.6%	42%	25.2%	17.2%	25.1%	19%
EBIT margin %	51.3%	44.5%	14.2%	-17.5%	1.7%	12.6%	7.4%
PAT margin %	40.7%	29.7%	16.8%	-78.8%	1.2%	-1.8%	-8.4%
Working capital
Receivable days	42	26	55	26	14	8	3
Inventory days	—	7	4	3	7	5	5
Payable days	—	—	138	74	65	46	35
NWC days	—	—	-80	-45	-44	-34	-26
Leverage
Current ratio	7.66	0.55	2.23	1.5	0.55	0.64	1.13
Debt to EBITDA	9.71	10	25.91	28.28	10	3.69	0
Debt to equity	1.36	1.38	2.45	2.95	1.74	1.53	0
Interest coverage	2.4	1.5	1.3	-0.1	0.2	0.9	0.6
Asset turnover	0.08	0.08	0.06	0.1	0.24	0.43	0.67
Return ratios
Return on assets %	3.4%	2.3%	1%	-7.9%	0.3%	-0.8%	-5.6%
Return on capital employed %	8.2%	9.5%	7.9%	-0.6%	1.3%	7.7%	4.7%
Return on equity %	8.6%	6.3%	3.8%	-32.5%	1.2%	-3%	-12.3%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Pvr Inox LimitedPVRINOXPVRINOX	₹11,934 Cr	₹12,693 Cr	₹6,872 Cr	₹2,214 Cr	31.5%	₹445 Cr	5%	7.5%	4.6%	-391
Media Matrix Worldwide LimitedMMWLMMWL	₹1,762 Cr	₹1,929 Cr	₹947 Cr	₹11 Cr	1.2%	₹1 Cr	0.3%	—	0.8%	—
Panorama Studios International LtdPANORAMAPANORAMA	₹1,587 Cr	₹1,619 Cr	₹440 Cr	₹61 Cr	13.8%	₹1 Cr	8.7%	52.3%	39.1%	167
Sunshine Pictures LimitedSUNSHINESUNSHINE	₹1,411 Cr	₹1,422 Cr	₹103 Cr	₹48 Cr	46.7%	₹34 Cr	33.4%	53.7%	39.2%	—
JOJO LtdJOJOJOJO	₹574 Cr	₹577 Cr	₹24 Cr	₹10 Cr	42.7%	₹6 Cr	23.4%	16.9%	11.6%	-133
Vashu Bhagnani Industries LtdPOOJAENTPOOJAENT	₹420 Cr	₹426 Cr	₹14 Cr	₹1 Cr	7.4%	₹3 Cr	21.7%	2.2%	2.3%	3,549
Cineline India LimitedCINELINECINELINE	₹295 Cr	₹295 Cr	₹211 Cr	₹40 Cr	19%	₹-18 Cr	-8.4%	4.7%	-12%	-26
Ufo Moviez India LimitedUFOUFO	₹219 Cr	₹296 Cr	₹486 Cr	₹77 Cr	15.7%	₹24 Cr	5.2%	10.9%	8%	-140
Diksat Transworld LtdDIKSATDIKSAT	₹219 Cr	₹219 Cr	₹2 Cr	₹-1 Cr	-33.2%	₹-1 Cr	-65.8%	-3.8%	-4.9%	3,159
Tips Films LimitedTIPSFILMSTIPSFILMS	₹136 Cr	₹324 Cr	₹111 Cr	₹-52 Cr	-9.9%	₹-50 Cr	-10%	-37.8%	-42.1%	1
Mukta Arts LimitedMUKTAARTSMUKTAARTS	₹126 Cr	₹186 Cr	₹178 Cr	₹15 Cr	7.6%	₹-8 Cr	-6.8%	4.4%	—	-2,676
Baba Arts LtdBABABABA	₹79 Cr	₹79 Cr	₹6 Cr	₹1 Cr	-0.6%	₹1 Cr	4.4%	3.1%	2.4%	32

₹ Cr	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
	-2	21	-2	10	76	42	50
	3	-38	146	11	16	-14	111
	20	-5	-119	4	-94	-40	-139
Net cash flow	21	-22	24	25	-2	-13	21
Free cash flow	-11	—	-2	10	74	24	8
CFO / Operating profit %	-14.3%	126.4%	-17.2%	87.1%	314.9%	67.2%	124.4%

Cineline India Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

6

1

Announcements

Not in the F&O segment

No fund holdings on record

Announcements

6

1

Annual reports

Segment results

Compounded sales growth

Return on equity

Cinema Exhibition · revenue

Cineline India Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Dividends6

Board meetings1

Announcements

Ratio timeline

Not in the F&O segment

No fund holdings on record

Quarterly record

Bulk & block deals

Board and management

Announcements

Dividends6

Board meetings1

Annual reports

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Return on equity

Cinema Exhibition · revenue

6

1

6

1