New Risk • Jul 05
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹13m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹13m free cash flow). Shares are highly illiquid. Revenue is less than US$1m (₹23m revenue, or US$238k). Market cap is less than US$10m (₹540.7m market cap, or US$5.68m). Announcement • May 22
GV Films Limited to Report Fiscal Year 2026 Results on May 28, 2026 GV Films Limited announced that they will report fiscal year 2026 results on May 28, 2026 Announcement • Jan 09
Gv Films Limited Announces Appointment of Himanshu Keshubhai Togadia as Additional Director and Committees Member GV Films Limited that the meeting of Board of Directors of the Company held i.e., 09th January 2026 at 11.30 a.m. at Company's Registered Office at Gala No B 14 B 1st Floor Pravasi Industrial Estate, Goregaon Mulund Link Road, Goregaon East, Mumbai - 400063 have inter alia considered and approved: Appointed Mr. HIMANSHU KESHUBHAI TOGADIYA (Din: 07610961) as an Additional Director (Independent) of the Company (Brief Profile): CS Himanshu Togadiya is a Fellow member of the Institute of Company Secretaries of India. He possesses over 9 years of experience in the fields of handling compliances under various Corporate Laws, listing agreement; for Initial Public Issues, Rights Issues, Bonus Issues, Preferential Allotments, QIPs, Takeover of Listed & unlisted companies, etc. CS Himanshu Togadiya started own practice in the field of Corporate Laws. Presently, he is a practicing Company Secretary, in the field of Corporate Laws, SEBI matters, regular compliances and consultancy services to various renowned Companies. He has diversified experience in the Field of Corporate and allied consultancy to various industries including leading companies from India. Further, He is Advisor to SME IPO's and Listed Companies on Various compliance related matters. The board reconstituted the following committees post appointment of Independent Director Mr. Himanshu Keshubhai Togadiya (Din: 07610961) as follows. The Nomination and Remuneration Committee consists of the following members: Himanshu Keshubhai Togadiya (DIN 07610961), Non-Executive Independent Director, serving as Chairperson; Arumugam Pillai Manimegalai (DIN 08336764), Non-Executive Independent Director, serving as Member; and Sadagopan Kannan Kamala (DIN 07535351), Non-Executive Non-Independent Director, serving as Member. The Stakeholders Relationship Committee consists of the following members: Arumugam Pillai Manimegalai (DIN 08336764), Non-Executive Independent Director, serving as Chairperson; Balagiri Vethagiri (DIN 01735497), Executive Director, serving as Member; and Himanshu Keshubhai Togadiya (DIN 07610961), Non-Executive Independent Director, serving as Member. Board Change • Jan 01
High number of new directors There are 7 new directors who have joined the board in the last 3 years. Non-Executive Non-Independent Director Vishal Jain was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. New Risk • Dec 19
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹947m free cash flow). Shareholders have been substantially diluted in the past year (104% increase in shares outstanding). Revenue is less than US$1m (₹28m revenue, or US$312k). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Market cap is less than US$100m (₹951.0m market cap, or US$10.6m). Announcement • Dec 03
Gv Films Limited Announces Board Appointments GV Films Limited announced at the AGM held on December 1, 2025, approved Appointment of Mr. PANKAJ BABULAL JAIN,Mr. VISHAL BABULAL JAIN, Ms. CHHAYA BABULAL JAIN, Mr. VIJAYKUMAR SANTOSHCHAND JAIN, Mr. GUNASEELAN, Mrs. GUNASEELAN INDIRANI as Director. Announcement • Nov 08
GV Films Limited to Report Q2, 2026 Results on Nov 14, 2025 GV Films Limited announced that they will report Q2, 2026 results at 9:15 AM, Indian Standard Time on Nov 14, 2025 Announcement • Nov 03
GV Films Limited, Annual General Meeting, Dec 01, 2025 GV Films Limited, Annual General Meeting, Dec 01, 2025, at 16:30 Indian Standard Time. New Risk • Jun 13
New major risk - Revenue and earnings growth Earnings have declined by 4.9% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹946m free cash flow). Share price has been highly volatile over the past 3 months (15% average weekly change). Earnings have declined by 4.9% per year over the past 5 years. Shareholders have been substantially diluted in the past year (104% increase in shares outstanding). Revenue is less than US$1m (₹20m revenue, or US$232k). Market cap is less than US$10m (₹671.3m market cap, or US$7.79m). New Risk • May 07
New major risk - Market cap size The company's market capitalization is less than US$10m. Market cap: ₹727.2m (US$8.58m) This is considered a major risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹989m free cash flow). Share price has been highly volatile over the past 3 months (16% average weekly change). Shareholders have been substantially diluted in the past year (104% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (₹727.2m market cap, or US$8.58m). New Risk • Apr 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹989m free cash flow). Shareholders have been substantially diluted in the past year (104% increase in shares outstanding). Revenue is less than US$1m. Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Market cap is less than US$100m (₹1.10b market cap, or US$12.9m). New Risk • Feb 19
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 104% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹989m free cash flow). Shareholders have been substantially diluted in the past year (104% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (₹1.10b market cap, or US$12.7m). Announcement • Feb 10
GV Films Limited to Report Q3, 2025 Results on Feb 14, 2025 GV Films Limited announced that they will report Q3, 2025 results at 12:15 PM, Indian Standard Time on Feb 14, 2025 New Risk • Nov 22
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -₹989m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-₹989m free cash flow). Revenue is less than US$1m. Market cap is less than US$10m (₹658.5m market cap, or US$7.79m). Announcement • Nov 14
GV Films Limited, Annual General Meeting, Dec 06, 2024 GV Films Limited, Annual General Meeting, Dec 06, 2024, at 16:30 Indian Standard Time. Reported Earnings • Aug 16
First quarter 2025 earnings released: ₹0.008 loss per share (vs ₹0.005 loss in 1Q 2024) First quarter 2025 results: ₹0.008 loss per share (further deteriorated from ₹0.005 loss in 1Q 2024). Net loss: ₹6.96m (loss widened 52% from 1Q 2024). Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Jun 04
Full year 2024 earnings released: ₹0.005 loss per share (vs ₹0.011 loss in FY 2023) Full year 2024 results: ₹0.005 loss per share (improved from ₹0.011 loss in FY 2023). Net loss: ₹4.29m (loss narrowed 58% from FY 2023). Over the last 3 years on average, earnings per share has increased by 66% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 17
Third quarter 2024 earnings released: ₹0.005 loss per share (vs ₹0.001 profit in 3Q 2023) Third quarter 2024 results: ₹0.005 loss per share (down from ₹0.001 profit in 3Q 2023). Net loss: ₹4.64m (down ₹5.24m from profit in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 67% per year but the company’s share price has only increased by 36% per year, which means it is significantly lagging earnings growth. Reported Earnings • Nov 20
Second quarter 2024 earnings released: EPS: ₹0.002 (vs ₹0.001 loss in 2Q 2023) Second quarter 2024 results: EPS: ₹0.002 (up from ₹0.001 loss in 2Q 2023). Net income: ₹1.41m (up ₹2.65m from 2Q 2023). Reported Earnings • Aug 16
First quarter 2024 earnings released: ₹0.005 loss per share (vs ₹0.01 loss in 1Q 2023) First quarter 2024 results: ₹0.005 loss per share (improved from ₹0.01 loss in 1Q 2023). Net loss: ₹4.59m (loss narrowed 55% from 1Q 2023). Announcement • Aug 09
GV Films Limited to Report Q1, 2024 Results on Aug 14, 2023 GV Films Limited announced that they will report Q1, 2024 results on Aug 14, 2023 Reported Earnings • Jun 03
Full year 2023 earnings released: ₹0.011 loss per share (vs ₹0.015 loss in FY 2022) Full year 2023 results: ₹0.011 loss per share (improved from ₹0.015 loss in FY 2022). Net loss: ₹10.3m (loss narrowed 24% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 21% per year, which means it is well ahead of earnings. Buying Opportunity • Nov 21
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 12%. The fair value is estimated to be ₹0.86, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 83% over the last 3 years. Earnings per share has grown by 93%. Reported Earnings • Nov 20
Second quarter 2023 earnings released: ₹0.001 loss per share (vs ₹0.01 loss in 2Q 2022) Second quarter 2023 results: ₹0.001 loss per share (improved from ₹0.01 loss in 2Q 2022). Net loss: ₹1.23m (loss narrowed 77% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 93% per year but the company’s share price has only increased by 34% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Non-Executive Independent Director Ashwin Kumar Kannan is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Board Change • Nov 10
High number of new and inexperienced directors There are 5 new directors who have joined the board in the last 3 years. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. Non-Executive Independent Director Ashwin Kumar Kannan is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Reported Earnings • Sep 13
Full year 2022 earnings released: ₹0.01 loss per share (vs ₹0.023 loss in FY 2021) Full year 2022 results: ₹0.01 loss per share (improved from ₹0.023 loss in FY 2021). Net loss: ₹13.6m (loss narrowed 35% from FY 2021). Over the last 3 years on average, earnings per share has increased by 91% per year but the company’s share price has only increased by 15% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 5 new directors. 1 experienced director. No highly experienced directors. 2 independent directors (4 non-independent directors). Non-Executive Independent Director Ashwin Kumar Kannan is the most experienced director on the board, commencing their role in 2017. Non–Executive & Independent Director Rohini Vacher was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Reported Earnings • Feb 13
Third quarter 2022 earnings: Revenues in line with analyst expectations Third quarter 2022 results: Net loss: ₹2.04m (loss narrowed 56% from 3Q 2021). Revenue was in line with analyst estimates. Reported Earnings • Jul 09
Full year 2021 earnings released: ₹0.023 loss per share (vs ₹0.003 profit in FY 2020) Full year 2021 results: Net loss: ₹21.0m (down ₹23.8m from profit in FY 2020). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Jan 07
New 90-day high: ₹0.44 The company is up 52% from its price of ₹0.29 on 09 October 2020. The Indian market is up 20% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Entertainment industry, which is up 17% over the same period. Is New 90 Day High Low • Dec 10
New 90-day high: ₹0.34 The company is up 10.0% from its price of ₹0.31 on 11 September 2020. The Indian market is up 18% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Entertainment industry, which is also up 10.0% over the same period. Is New 90 Day High Low • Oct 15
New 90-day low: ₹0.28 The company is down 36% from its price of ₹0.44 on 17 July 2020. The Indian market is up 11% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 21% over the same period. Is New 90 Day High Low • Sep 25
New 90-day low: ₹0.29 The company is down 24% from its price of ₹0.38 on 26 June 2020. The Indian market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Entertainment industry, which is up 5.0% over the same period. Announcement • Sep 08
GV Films Limited to Report Q1, 2021 Results on Sep 14, 2020 GV Films Limited announced that they will report Q1, 2021 results on Sep 14, 2020 Announcement • Jul 26
GV Films Limited to Report Q4, 2020 Results on Jul 31, 2020 GV Films Limited announced that they will report Q4, 2020 results on Jul 31, 2020