BSE:526441

Stock Analysis Report

Executive Summary

Vision Cinemas Limited, together with its subsidiaries, engages in the operation of multiplex in India.

Risk Analysis

Earnings have declined by -19.19% per year over past 5 years

Makes less than USD$1m in revenue (₹8M)

Does not have a meaningful market cap (₹68M)

Currently unprofitable and not forecast to become profitable over the next 3 years

+ 1 more risk


Snowflake Analysis

Adequate balance sheet and overvalued.

Share Price & News

How has Vision Cinemas's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 526441's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

0%

526441

1.2%

IN Entertainment

-0.3%

IN Market


1 Year Return

n/a

526441

3.3%

IN Entertainment

9.9%

IN Market

Return vs Industry: Insufficient data to determine how 526441 performed against the Indian Entertainment industry.

Return vs Market: Insufficient data to determine how 526441 performed against the Indian Market.


Shareholder returns

526441IndustryMarket
7 Day0%1.2%-0.3%
30 Day6.6%7.0%3.5%
90 Day-27.6%7.2%5.9%
1 Yearn/a4.0%3.3%11.9%9.9%
3 Year-50.3%-50.3%-2.5%-4.0%30.2%23.3%
5 Year-82.8%-82.8%24.5%23.8%37.1%24.8%

Price Volatility Vs. Market

How volatile is Vision Cinemas's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is Vision Cinemas undervalued compared to its fair value and its price relative to the market?

0.71x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 526441's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 526441's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 526441 is unprofitable, so we can't compare its PE Ratio to the Entertainment industry average.

PE vs Market: 526441 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 526441's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 526441 is good value based on its PB Ratio (0.7x) compared to the IN Entertainment industry average (0.7x).


Next Steps

Future Growth

How is Vision Cinemas forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

18.7%

Forecasted Media industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Vision Cinemas has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has Vision Cinemas performed over the past 5 years?

-19.2%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 526441 is currently unprofitable.

Growing Profit Margin: 526441 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 526441 is unprofitable, and losses have increased over the past 5 years at a rate of -19.2% per year.

Accelerating Growth: Unable to compare 526441's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 526441 is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (12.9%).


Return on Equity

High ROE: 526441 has a negative Return on Equity (-3.94%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Vision Cinemas's financial position?


Financial Position Analysis

Short Term Liabilities: 526441's short term assets (₹98.3M) exceed its short term liabilities (₹89.6M).

Long Term Liabilities: 526441's short term assets (₹98.3M) exceed its long term liabilities (₹2.3M).


Debt to Equity History and Analysis

Debt Level: 526441's debt to equity ratio (94%) is considered high.

Reducing Debt: 526441's debt to equity ratio has increased from 11.2% to 94% over the past 5 years.


Balance Sheet

Inventory Level: 526441 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 526441's debt is covered by short term assets (assets are 1.2x debt).


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 526441 has sufficient cash runway for more than 3 years based on its current free cash flow.

Forecast Cash Runway: 526441 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of -79.9% each year


Next Steps

Dividend

What is Vision Cinemas's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.5%markettop25%2.3%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 526441's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 526441's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 526441's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 526441's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 526441's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

What is the CEO of Vision Cinemas's salary, the management and board of directors tenure and is there insider trading?

0.7yrs

Average management tenure


CEO

Bindiganavale Rangavasanth 0

27.6yrs

Tenure

0

Mr. Bindiganavale RangaVasanth serves as Chairman and Managing Director of Vision Cinemas Limited ( formerly: Vision Technology India Ltd) and was its Compliance Officer. Mr. RangaVasanth is a Chemical Eng ...


Management Age and Tenure

0.7yrs

Average Tenure

Experienced Management: 526441's management team is not considered experienced ( 0.7 years average tenure), which suggests a new team.


Board Age and Tenure

19.2yrs

Average Tenure

Experienced Board: 526441's board of directors are seasoned and experienced ( 19.2 years average tenure).


Insider Trading

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Management Team

  • Bindiganavale Rangavasanth

    Chairman & MD

    • Tenure: 27.6yrs
  • Bindiganavale Shamaladevi

    Executive Director

    • Tenure: 27.6yrs
  • Anitha Vasanth

    CFO & Executive Director

    • Tenure: 19.2yrs
  • Hitarth Shah

    Company Secretary

    • Tenure: 0.6yrs

Board Members

  • Bindiganavale Rangavasanth

    Chairman & MD

    • Tenure: 27.6yrs
  • Bindiganavale Shamaladevi

    Executive Director

    • Tenure: 27.6yrs
  • Anitha Vasanth

    CFO & Executive Director

    • Tenure: 19.2yrs
  • Kunal Ashok

    Additional Independent Director

    • Tenure: 0.5yrs
  • Muthuswamy Hariharan

    Additional Independent Director

    • Tenure: 0.5yrs

Company Information

Vision Cinemas Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Vision Cinemas Limited
  • Ticker: 526441
  • Exchange: BSE
  • Founded: 1992
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: ₹68.700m
  • Shares outstanding: 70.82m
  • Website: https://www.visioncinemas.co.in

Location

  • Vision Cinemas Limited
  • Jayamahal Extension
  • #14, 1st Floor, 6th Cross
  • Bengaluru
  • Karnataka
  • 560046
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
526441BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2010

Biography

Vision Cinemas Limited, together with its subsidiaries, engages in the operation of multiplex in India. The company is also involved in the cine and telefilms, video-films, satellite and cable TV, and tape recorder processing; and processing, printing, titling, recording, dubbing, etc. activities. In addition, it produces feature films; and acts as a distributor, hirer, exhibitor, and negative holder for documentary and feature films of all languages. The company was formerly known as Vision Technology India Limited. Vision Cinemas Limited was incorporated in 1992 and is based in Bengaluru, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/01/26 12:33
End of Day Share Price2020/01/23 00:00
Earnings2019/09/30
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.