Shemaroo Entertainment Limited (SHEMAROO)

Loading page…

Shemaroo Entertainment Limited (SHEMAROO) · mywealthgrid

About

Shemaroo Entertainment Limited operates in media & entertainment (Consumer Discretionary sector) with market cap ₹370.52 Cr and quarterly revenues ₹120–160 Cr. Established Indian entertainment player; currently unprofitable.

Face value: ₹10

Market cap

₹331 Cr

P/E

—

P/B

1.2×

Dividend yield

ROE

-58.8%

ROCE

-69.9%

Debt / equity

1.11

OPM

-45.4%

EPS (TTM)

₹-62.8

Book value

₹94.0

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Operating losses across all eight recent quarters (OPM: -45.42% to -67.37%), eroding profitability despite stable revenue base
Continuous net losses (₹-8 to ₹-72 Cr/quarter) and negative ROE of -58.82% destroying shareholder value; verify path to profitability
High debt-to-equity ratio 1.11 amplifies downside as negative earnings generate cash burn; verify covenant headroom and refinancing risk
Zero institutional investor participation (FII 0%, DII 0%); verify whether reflects turnaround skepticism or strategic holdback

Generated analysis · source review pending

Growth drivers

Revenue stable at ₹120–160 Cr over eight quarters; verify if floor reflects core business resilience or if contraction risk persists given losses
Operating margin trended toward break-even in latest quarters (Jun 2026: -2.17%, -1.39% vs Dec 2025: -45.74%); verify if reflects sustained cost discipline or temporary seasonal/one-time benefit
Stock price recovered 12.43% in 1 year from ₹74.21 low; verify if driven by turnaround catalysts (content investments, debt restructuring, partnerships) or sentiment shift

Generated analysis · source review pending

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

₹115.2-2.3%1Y

Quick read

rule-based

Pros

+High promoter holding of 67.2% with no pledge

Cons

−Low return on equity of -27.4% (3-yr avg)
−Weak interest coverage of -8.8×

Research score

Structured signal from quality, growth, valuation and momentum.

37/100

Business quality: 9
Growth: 3
Valuation: 99

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.

Screen this industry Compare top 5 side-by-side

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

Loading peers…

Financials

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

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	426	489	568	513	311	381	557	707	685	583
COGS	—	278	318	334	212	247	384	520	579	668
Gross profit	—	210	250	179	99	135	173	188	106	-85
	298	68	92	102	86	99	125	188	186	180
	128	142	158	77	13	36	47	-0	-80	-265
OPM %	30.1%	29.1%	27.8%	14.9%	4%	9.4%	8.5%	-0%	-11.6%	-45.4%
Depreciation	4	5	6	8	7	7	5	6	6	6
Interest	32	31	26	24	28	26	31	36	37	30
	3	2	2	-3	1	2	3	5	8	6
Profit before tax	94	108	129	41	-22	5	15	-37	-114	-295
Tax	34	37	46	11	-0	0	5	3	-30	-77
Tax %	36.3%	34.1%	35.5%	27.2%	-1.1%	2.1%	35.6%	7.1%	-26.1%	-26%
	60	71	83	30	-22	5	10	-40	-84	-218
PAT margin %	14.1%	14.6%	14.6%	5.9%	-7%	1.3%	1.7%	-5.6%	-12.3%	-37.4%
EPS (₹)	2.3	26.2	30.5	11.1	-7.9	1.9	3.5	-14.9	-31.1	-80
EPS adjusted (₹)	22.1	26.2	30.5	11.1	-8.1	1.9	3.5	-14.7	-30.9	-75.9
	61.4%	5.9%	5.4%	0%	—	0%	0%	—	—	—
Annual report	Annual report for Mar 2017	Annual report for Mar 2018	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	Annual report for Mar 2026

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	27	27	27	27	27	27	27	27	27	29
Reserves	342	466	545	570	549	—	565	526	444	241
	—	—	—	—	—	—	313	332	300	300
	243	238	259	305	300	—	134	137	94	116
Total equity & liabilities	613	731	830	902	877	—	1,038	1,022	866	686
	30	33	32	32	26	22	36	44	41	41
CWIP	—	—	—	—	—	—	1	0	0	0
Investments	8	7	6	3	3	—	3	3	0	0
	575	691	792	867	848	—	999	975	825	644
Total assets	613	731	830	902	877	—	1,038	1,022	866	686

Loading financials…

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	Mar 2026
Margins
Gross margin %	44.1%	34.9%	31.8%	35.4%	31%	26.5%	15.5%	-14.5%
EBITDA margin %	27.8%	15%	4%	9.4%	8.5%	-0%	-11.6%	-45.4%
EBIT margin %	26.8%	13.5%	1.7%	7.7%	7.6%	-0.8%	-12.5%	-46.4%
PAT margin %	14.6%	5.9%	-7%	1.3%	1.7%	-5.6%	-12.3%	-37.4%
Working capital
Receivable days	102	75	64	—	83	75	56	43
Inventory days	693	779	1,257	—	698	479	358	185
Payable days	—	—	—	—	89	75	43	48
NWC days	—	—	—	—	692	479	371	181
Leverage
Current ratio	3.09	3.08	2.97	—	2.29	2.09	2.01	1.29
Debt to EBITDA	—	—	—	—	6.62	—	—	—
Debt to equity	—	—	—	—	0.53	0.6	0.64	1.11
Interest coverage	6	3	0.2	1.2	1.5	-0	-2.1	-8.8
Asset turnover	0.68	0.57	0.35	—	0.54	0.69	0.79	0.85
Return ratios
Return on assets %	10%	3.3%	-2.5%	—	0.9%	-3.9%	-9.8%	-31.8%
Return on capital employed %	28.7%	12.1%	1%	—	7.5%	-0.2%	-14.8%	-69.9%
Return on equity %	14.5%	5.1%	-3.8%	—	1.6%	-7.2%	-17.9%	-80.8%

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.

Loading ratios…

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
	65.88%	65.88%	65.77%	65.67%	65.61%	65.57%	65.54%	65.54%	65.54%	65.54%	67.24%	67.24%
FII	0.09%	0%	0.03%	0%	0%	0.01%	0.03%	0%	0%	0%	0%	0%
DII	0%	0.14%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	34.03%	33.98%	34.2%	34.33%	34.39%	34.42%	34.43%	34.46%	34.46%	34.46%	32.76%	32.76%
No. of shareholders	—	—	—	—	—	—	—	—	15,442	14,937	14,593	13,905

Promoter holding up 1.36 percentage points since Sep 2023.

12 deals · 17 Oct 2022 – 29 Jan 2024

Date	Client	Type	Venue	Side	Quantity	Price	Value
29 Jan 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	3,16,011	₹229.39	₹7.25 Cr
29 Jan 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	3,16,011	₹229.18	₹7.24 Cr
25 Jan 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	2,68,640	₹208.56	₹5.60 Cr
25 Jan 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	2,68,640	₹208.27	₹5.59 Cr
18 Jan 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	2,23,021	₹191.70	₹4.28 Cr
18 Jan 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	2,23,021	₹191.61	₹4.27 Cr
17 Jan 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Sell	2,96,783	₹187.78	₹5.57 Cr
17 Jan 2024	GRAVITON RESEARCH CAPITAL LLP	Bulk	NSE	Buy	2,96,783	₹187.60	₹5.57 Cr
28 Nov 2023	ANKITA VISHAL SHAH	Bulk	NSE	Buy	4,25,960	₹173.20	₹7.38 Cr
28 Nov 2023	ANKITA VISHAL SHAH	Bulk	NSE	Sell	3,52,960	₹173.34	₹6.12 Cr

1–10 of 12

1 / 2

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. Raman Hirji MarooExecutive Director-Chairperson related to Promoter-MD
Mr. Atul Hirji MaruExecutive Director-MD
Mr. Hiren Uday GadaExecutive Director-CEO
Mr. Jai Buddhichand MarooExecutive Director
Mr. Sunil Kumar BansalNon-Executive - Independent Director
Mr. Abbas Ismail ContractorNon-Executive - Independent Director
Mr. Rajen Hemchand GadaNon-Executive - Independent Director
Mrs. Kashmira Nilesh DedhiaNon-Executive - Independent Director
Mr. Ashish GuptaChief Financial Officer
Ms. Meenakshi A. PansariCompany Secretary & Compliance Officer

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

Loading shareholding…

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.

Loading f&o…

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 Shemaroo Entertainment Limited. Portfolios are published monthly by each AMC; coverage is still partial.

Loading fund holders…

Documents

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

Announcements

Loading documents…

Events

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

5

Final dividend16 Sept 2019 · ex-date₹1.65
Final dividend3 Sept 2018 · ex-date₹1.55
Final dividend19 Sept 2017 · ex-date₹1.4
Final dividend16 Sept 2016 · ex-date₹1.4
Dividend dividend11 Sept 2015 · ex-date₹1.2

1

Board meeting to consider results23 Jul 2026

Loading events…

Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

18 announcementsExport CSV

28 Sept 2026, 4:20 pmInsider Trading / SAST

Closure of Trading Window

Closure of Trading Window PDF

Loading announcements…

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	44.1%	34.9%	31.8%	35.4%	31%	26.5%	15.5%	-14.5%
EBITDA margin %	27.8%	15%	4%	9.4%	8.5%	-0%	-11.6%	-45.4%
EBIT margin %	26.8%	13.5%	1.7%	7.7%	7.6%	-0.8%	-12.5%	-46.4%
PAT margin %	14.6%	5.9%	-7%	1.3%	1.7%	-5.6%	-12.3%	-37.4%
Working capital
Receivable days	102	75	64	—	83	75	56	43
Inventory days	693	779	1,257	—	698	479	358	185
Payable days	—	—	—	—	89	75	43	48
NWC days	—	—	—	—	692	479	371	181
Leverage
Current ratio	3.09	3.08	2.97	—	2.29	2.09	2.01	1.29
Debt to EBITDA	—	—	—	—	6.62	—	—	—
Debt to equity	—	—	—	—	0.53	0.6	0.64	1.11
Interest coverage	6	3	0.2	1.2	1.5	-0	-2.1	-8.8
Asset turnover	0.68	0.57	0.35	—	0.54	0.69	0.79	0.85
Return ratios
Return on assets %	10%	3.3%	-2.5%	—	0.9%	-3.9%	-9.8%	-31.8%
Return on capital employed %	28.7%	12.1%	1%	—	7.5%	-0.2%	-14.8%	-69.9%
Return on equity %	14.5%	5.1%	-3.8%	—	1.6%	-7.2%	-17.9%	-80.8%

Date	Category	Subject	Filing
28 Sept 2026, 4:20 pm	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
17 Aug 2026, 4:59 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
14 Aug 2026, 5:39 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
31 Jul 2026, 4:40 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
28 Jul 2026, 12:10 pm	Company Update Earnings Call Transcript	Announcement under Regulation 30 (LODR)-Earnings Call Transcript	PDF
24 Jul 2026, 3:09 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome	PDF
24 Jul 2026, 3:02 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
23 Jul 2026, 9:22 pm	Company Update Investor Presentation	Announcement under Regulation 30 (LODR)-Investor Presentation	PDF

₹ Cr	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	133	32	-8	10	44	-17	26	75	24
	-14	-3	-6	-1	-2	-19	-7	-1	-4
	-119	-29	13	-9	-41	36	-19	-73	-18
Net cash flow	-1	-0	-0	0	0	-1	-1	1	2
Free cash flow	—	—	—	9	41	-37	15	73	20
CFO / Operating profit %	93.3%	20.3%	-9.8%	80.8%	122%	-36.4%	—	—	—

Shemaroo Entertainment 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

No fund holdings on record

Documents

Announcements

Events

5

1

Announcements

Not in the F&O segment

No fund holdings on record

5

1

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Compounded sales growth

Return on equity

Shemaroo Entertainment 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

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Dividends5

Board meetings1

Announcements

Not in the F&O segment

Ratio timeline

Quarterly record

Bulk & block deals

Board and management

No fund holdings on record

Dividends5

Board meetings1

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Return on equity

5

1

5

1