Prime Focus Limited (PFOCUS)

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Prime Focus Limited (PFOCUS) · mywealthgrid

About

Prime Focus Limited operates in Media & Entertainment within Consumer Discretionary, market cap ₹20,920.96 Cr. Recent quarters show operational distress: Jun 2026 recorded losses ₹45.78 Cr and ₹79.46 Cr despite consolidated revenue ₹1,266.82 Cr.

Face value: ₹1

Market cap

₹23,400 Cr

P/E

202.5×

P/B

11.2×

Dividend yield

ROE

15.4%

ROCE

25.2%

Debt / equity

2.37

OPM

30.4%

EPS (TTM)

₹1.5

Book value

₹26.9

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Profitability collapse: Jun 2026 losses ₹45.78 Cr and ₹79.46 Cr vs Mar 2026 profit ₹117.7 Cr—verify what triggered reversal
High leverage: D/E 2.37 limits flexibility if downturns extend
Extreme valuation: PE 181.02 depends on sustained earnings recovery
Margin volatility: OPM swung 11.55% to 35.28% across recent quarters; verify stability

Generated analysis · source review pending

Growth drivers

Margin recovery: OPM 35.28% in Mar 2026 fell to 23.8% in Jun 2026; return to prior level with ₹1,266.82 Cr revenue base lifts earnings—verify operational barriers to recovery
Media & Entertainment sector positioning: Verify company's competitive moat, market-share trajectory, and tailwinds in content or ad spending cycles
Revenue composition split: ₹7 Cr and ₹1,267 Cr streams suggest operational fragmentation; verify if consolidation or focus improves profitability
Fixed-cost structure: If ₹1,267 Cr revenue stabilizes with relatively fixed costs, margin expansion possible—verify cost composition and flexibility

Generated analysis · source review pending

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

₹301.6-5%1Y

Quick read

rule-based

Pros

+Healthy operating margin of 30.4%
+High promoter holding of 60.7% with no pledge

Cons

−Low return on equity of -64.4% (3-yr avg)
−Heavily leveraged (debt/equity 2.4)
−Weak interest coverage of 1.7×
−Expensive at 202.5× trailing earnings
−Trading at 11.2× book value
−Promoter holding fell 6.9 pts over the last year

Research score

Structured signal from quality, growth, valuation and momentum.

30/100

Business quality: 40
Growth

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.

Part ofNIFTY SMALLCAP 250 NIFTY MIDSMALLCAP 400 NIFTY 500 NIFTY TOTAL MARKET NIFTY MEDIA

Screen this industry

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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 2018	Mar 2019	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	2,257	2,540	2,536	3,386	4,644	3,930	3,599	4,676
	1,841	2,182	1,953	2,589	3,670	3,698	2,813	3,252
	416	358	583	797	974	232	786	1,423
OPM %	18.4%	14.1%	23%	23.5%	21%	5.9%	21.8%	30.4%
Depreciation	277	304	422	417	467	498	505	658
Interest	212	237	251	373	421	558	538	515
	34	124	51	-89	219	237	-154	83
Profit before tax	-39	-58	-39	-82	306	-587	-411	334
Tax	6	-25	18	92	112	-98	48	33
Tax %	14.5%	-43.6%	45.5%	111.4%	36.5%	-16.7%	11.6%	9.8%
	-44	-33	-56	-174	194	-488	-458	301
PAT margin %	-2%	-1.3%	-2.2%	-5.1%	4.2%	-12.4%	-12.7%	6.5%
EPS (₹)	-1.5	-1.1	-1.9	-5.8	6.5	-16.3	-12.6	3.9
EPS adjusted (₹)	-1.8	-0.8	-1.5	-5.7	4.9	-13.5	-12.6	2.8
Annual report	Annual report for Mar 2018	Annual report for Mar 2019	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 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	30	30	30	30	30	30	30	30	30	30	78
Reserves	710	378	463	416	363	237	84	-5	486	729	2,011
Minority interest	102	70	206	—	84	80	77	132	260	1,284	457
	716	1,291	1,281	1,955	2,258	2,779	3,061	3,886	3,930	4,093	4,941
	1,831	1,645	1,485	1,505	2,280	2,238	2,425	2,742	2,420	2,390	3,163
Total equity & liabilities	3,389	3,414	3,465	3,906	5,015	5,364	5,678	6,784	7,127	8,526	10,649
	941	801	2,264	2,263	2,926	2,973	2,895	3,067	2,990	3,984	4,377
CWIP	0	1	6	24	32	17	11	63	29	43	66
Investments	86	89	4	4	4	0	0	131	153	158	236
	2,362	2,524	1,190	1,615	2,052	2,374	2,772	3,523	3,955	4,340	5,970
Total assets	3,389	3,414	3,465	3,906	5,015	5,364	5,678	6,784	7,127	8,526	10,649

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Ratios

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

Consolidated Standalone

Consolidated figures

Ratio	Mar 2018	Mar 2019	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	—	—	—	—
EBITDA margin %	18.4%	14.1%	23%	23.5%	21%	5.9%	21.8%	30.4%
EBIT margin %	6.2%	2.2%	6.4%	11.2%	10.9%	-6.8%	7.8%	16.4%
PAT margin %	-2%	-1.3%	-2.2%	-5.1%	4.2%	-12.4%	-12.7%	6.5%
Working capital
Receivable days	56	59	32	49	49	37	42	36
Inventory days	0	0	0	0	0	0	0	0
Payable days	33	—	38	32	22	25	42	41
NWC days	23	—	-6	17	27	12	1	-5
Leverage
Current ratio	0.66	0.71	0.54	0.54	1.41	1.33	0.67	0.7
Debt to EBITDA	3.08	5.46	4.76	3.84	3.99	16.93	5.21	3.47
Debt to equity	2.6	4.39	10.43	26.78	154.32	7.62	5.39	2.37
Interest coverage	0.8	0.8	0.9	1.3	1.9	-0.1	0.9	1.7
Asset turnover	0.65	0.65	0.47	0.6	0.68	0.55	0.42	0.44
Return ratios
Return on assets %	-1.3%	-0.8%	-1%	-3.1%	2.9%	-6.9%	-5.4%	2.8%
Return on capital employed %	8.8%	8.3%	10.6%	21.4%	21.2%	-0.6%	12.2%	25.2%
Return on equity %	-9%	-7.4%	-21.1%	-152.1%	772.4%	-94.7%	-60.4%	14.4%

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
	69.96%	69.96%	69.88%	69.88%	69.87%	69.85%	69.85%	67.61%	60.8%	60.77%	60.77%	60.73%
	11.21%	11.22%	11.21%	11.22%	11.29%	11.25%	11.24%	10.24%	4.01%	3.35%	3.67%	3.41%
	0%	0%	0%	0%	0%	0%	0%	0%	1.08%	1.14%	1.16%	1.07%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	18.83%	18.82%	18.91%	18.9%	18.84%	18.9%	18.91%	22.15%	34.11%	34.74%	34.4%	34.79%
No. of shareholders	—	—	—	—	—	—	—	—	23,853	23,796	23,497	26,384

Promoter holding down 9.23 percentage points since Sep 2023.

2 disclosures

Person	Deal	Shares	Value	Holding	Filed
A2R HoldingsPromoter Group	BuyPreferential Offer	10,24,47,901	₹1,229.37 cr	52.87% → 53.27%	25 Sept 20257(2)
A2R HoldingsPromoter Group	BuyPreferential Offer	15,95,37,479	₹1,914.45 cr

39 deals · 25 Apr 2023 – 10 Sept 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
10 Sept 2025	RAMDOOT REALTORS PVT LTD	Bulk	NSE	Buy	18,14,915	₹192.78	₹34.99 Cr
10 Sept 2025	RAMDOOT REALTORS PVT LTD	Bulk	NSE	Sell	16,24,986	₹192.63	₹31.30 Cr
8 Sept 2025	CRAFT EMERGING MARKET FUND PCC- CITADEL CAPITAL FUND	Bulk	BSE	Buy	63,75,000	₹156.55	₹99.80 Cr
8 Sept 2025	AUGUSTA INVESTMENTS I PTE LTD	Bulk	BSE	Sell	62,24,433	₹156.55	₹97.44 Cr
8 Sept 2025	CRAFT EMERGING MARKET FUND PCC- ELITE CAPITAL FUND	Bulk	BSE	Buy	56,25,000	₹156.55	₹88.06 Cr
8 Sept 2025	MARINA IV (SINGAPORE) PTE LIMITED	Block	BSE	Sell	48,31,364	₹156.55	₹75.64 Cr
8 Sept 2025	MARINA IV (SINGAPORE) PTE LIMITED	Bulk	BSE	Sell	48,31,364	₹156.55	₹75.64 Cr
8 Sept 2025	CRAFT EMERGING MARKET FUND PCC- CITADEL CAPITAL FUND	Block	BSE	Buy	48,31,364	₹156.55	₹75.64 Cr
8 Sept 2025	CRAFT EMERGING MARKET FUND PCC- ELITE CAPITAL FUND	Block	BSE	Buy	46,80,797	₹156.55	₹73.28 Cr
8 Sept 2025	AUGUSTA INVESTMENTS I PTE LTD	Block	BSE	Sell	46,80,797	₹156.55	₹73.28 Cr

1–10 of 39

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Mr. Naresh Mahendranath MalhotraExecutive Director-Chairperson
Mr. Namit Naresh MalhotraNon-Executive - Non Independent Director
Mr. Nishant Avinash FadiaNon-Executive - Non Independent Director
Mr. Bjorgolfur Thor BjorgolfssonNon-Executive - Non Independent Director
Mr. S DevarajanNon-Executive - Independent Director
Mr. Bharat Shashikumar DigheNon-Executive - Independent Director
Ms. Pooja SoodNon-Executive - Independent Director
Ms. Shalini Govil PaiNon-Executive - Independent Director
Mr. Vikas RatheeChief Financial Officer
Ms. Parina ShahCompany Secretary & Compliance 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.

Portfolio month

Schemes holding

across 9 fund houses

Held by these funds

0.04%

of the company's equity

All mutual funds

0.09%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

23 schemes · 9 fund houses

		Shares
Nifty Smallcap 250 Index Fund	Nippon India Mutual Fund	1.06 L	3.04	0.09%	0.014%	+1,296
Nifty Smallcap 250 Index Fund	SBI Mutual Fund	53,859	1.55	0.09%	0.007%	+603
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	39,043	1.12	0.09%	0.005%	+355
Nifty 500 Equal Weight Index Fund	Nippon India Mutual Fund	38,364	1.1	0.21%	0.005%	+19
Nifty Smallcap 250 Index Fund	ICICI Prudential Mutual Fund	23,755	0.68	0.09%	0.003%	+481
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	10,601	0.3	0.01%	0.001%	+364
(Investment Manager for Motilal Oswal Mutual Fund)	Motilal Oswal Mutual Fund	7,630	0.22	0.09%	0.001%	-416
IB20-Groww Nifty Smallcap 250 Index Fund	Groww Mutual Fund	4,198	0.12	0.09%	0.001%	+21

1–8 of 23

1 / 3

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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.

1

Interim dividend14 Aug 2007 · ex-date₹1.5

1

Board meeting to consider results6 Aug 2026

1

Face value ₹10 → ₹129 Oct 2010 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

28 announcementsExport CSV

1 Oct 2026, 4:31 pmCompany Update

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

Analyst / Investor Meet PDF

1 Oct 2026, 3:26 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

30 Sept 2026, 10:35 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

30 Sept 2026, 8:26 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

30 Sept 2026, 8:20 pmCompany Update

Announcement under Regulation 30 (LODR)-Raising of Funds

Raising of Funds PDF

30 Sept 2026, 8:18 pmCompany Update

Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association

Amendments to Memorandum & Articles of Association PDF

30 Sept 2026, 8:15 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Directorate

Change in Directorate PDF

30 Sept 2026, 8:09 pmCompany Update

Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015

General PDF

Date	Category	Subject	Filing
1 Oct 2026, 4:31 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
1 Oct 2026, 3:26 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication

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Ratio	Mar 2018	Mar 2019	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	—	—	—	—	—	—
EBITDA margin %	18.4%	14.1%	23%	23.5%	21%	5.9%	21.8%	30.4%
EBIT margin %	6.2%	2.2%	6.4%	11.2%	10.9%	-6.8%	7.8%	16.4%
PAT margin %	-2%	-1.3%	-2.2%	-5.1%	4.2%	-12.4%	-12.7%	6.5%
Working capital
Receivable days	56	59	32	49	49	37	42	36
Inventory days	0	0	0	0	0	0	0	0
Payable days	33	—	38	32	22	25	42	41
NWC days	23	—	-6	17	27	12	1	-5
Leverage
Current ratio	0.66	0.71	0.54	0.54	1.41	1.33	0.67	0.7
Debt to EBITDA	3.08	5.46	4.76	3.84	3.99	16.93	5.21	3.47
Debt to equity	2.6	4.39	10.43	26.78	154.32	7.62	5.39	2.37
Interest coverage	0.8	0.8	0.9	1.3	1.9	-0.1	0.9	1.7
Asset turnover	0.65	0.65	0.47	0.6	0.68	0.55	0.42	0.44
Return ratios
Return on assets %	-1.3%	-0.8%	-1%	-3.1%	2.9%	-6.9%	-5.4%	2.8%
Return on capital employed %	8.8%	8.3%	10.6%	21.4%	21.2%	-0.6%	12.2%	25.2%
Return on equity %	-9%	-7.4%	-21.1%	-152.1%	772.4%	-94.7%	-60.4%	14.4%

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Prime Focus LimitedPFOCUSPFOCUS	₹23,400 Cr	₹28,341 Cr	₹4,919 Cr	₹1,438 Cr	30.4%	₹116 Cr	6.5%	25.2%	15.4%	-5
Saregama India LimitedSAREGAMASAREGAMA	₹9,539 Cr	₹9,609 Cr	₹1,041 Cr	₹375 Cr	34.2%	₹222 Cr	20.9%	17.1%	12.6%	114
Tips Music LimitedTIPSMUSICTIPSMUSIC	₹8,233 Cr	₹8,233 Cr	₹394 Cr	₹273 Cr	73.4%	₹215 Cr	57.7%	118%	92.3%	-15
Network18 Media & Investments LimitedNETWORK18NETWORK18	₹3,921 Cr	₹7,034 Cr	₹2,169 Cr	₹47 Cr	2.1%	₹-35 Cr	7.3%	-1.2%	3.2%	59
Balaji Telefilms LimitedBALAJITELEBALAJITELE	₹1,098 Cr	₹1,111 Cr	₹378 Cr	₹-30 Cr	-31.2%	₹-21 Cr	-23.6%	-9.7%	-7.7%	306
Entertainment Network (India) LimitedENILENIL	₹445 Cr	₹445 Cr	₹562 Cr	₹46 Cr	8%	₹-8 Cr	-1.3%	-0.8%	-1%	-7
Shemaroo Entertainment LimitedSHEMAROOSHEMAROO	₹331 Cr	₹630 Cr	₹575 Cr	₹-211 Cr	-45.4%	₹-180 Cr	-37.4%	-69.9%	-58.8%	181
Music Broadcast LimitedRADIOCITYRADIOCITY	₹203 Cr	₹203 Cr	₹170 Cr	₹-36 Cr	-25.5%	₹-42 Cr	-30.6%	-9.1%	-11.3%	84
Starbeam Ventures LtdSTARBEAMSTARBEAM	₹59 Cr	₹66 Cr	₹12 Cr	₹8 Cr	68.7%	₹2 Cr	15.4%	3.8%	2.4%	-489
Next Mediaworks LimitedNEXTMEDIANEXTMEDIA	₹24 Cr	₹58 Cr	₹30 Cr	₹-3 Cr	-8.3%	₹64 Cr	177.6%	-12.5%	—	-1
Shalimar Productions LtdSHALPROSHALPRO	₹24 Cr	₹26 Cr	₹3 Cr	₹-0 Cr	-612.5%	₹-1 Cr	-743.8%	-1.2%	-1.2%	54,142
Radaan Mediaworks India LimitedRADAANRADAAN	₹16 Cr	₹31 Cr	₹7 Cr	₹-3 Cr	-76.9%	₹-4 Cr	-88.7%	—	—	-9

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	201	120	522	328	183	254	-33	295	1,024
	-374	-269	-154	-104	-80	-490	-317	-356	-590
	147	159	-201	-114	-232	152	335	133	43
Net cash flow	-27	10	166	111	-129	-84	-15	72	478
Free cash flow	—	—	—	220	98	-106	-338	-70	492
CFO / Operating profit %	48.2%	33.6%	—	56.3%	23%	26.1%	-14%	37.6%	72%

Prime Focus Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

1

1

1

Announcements

Not in the F&O segment

1

1

1

Announcements

Annual reports

Compounded sales growth

Compounded profit growth

Return on equity

Prime Focus Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Ratios

Ratio timeline

Shareholding

Quarterly record

Insider dealing

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

Dividends1

Board meetings1

Stock splits1

Announcements

Ratio timeline

Not in the F&O segment

Dividends1

Board meetings1

Stock splits1

Quarterly record

Insider dealing

Bulk & block deals

Board and management

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

1

1

1

1

1

1