BSE:531668

Stock Analysis Report

Executive Summary

Vision Corporation Limited operates as a movies and entertainment company in India and internationally.

Risk Analysis

Shareholders have been substantially diluted in the past year

Makes less than USD$1m in revenue (₹45M)

Does not have a meaningful market cap (₹12M)

Highly volatile share price over past 3 months

+ 1 more risk


Snowflake Analysis

Adequate balance sheet with questionable track record.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 531668's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-3.4%

531668

-0.3%

IN Entertainment

-1.1%

IN Market


1 Year Return

-53.7%

531668

0.7%

IN Entertainment

7.3%

IN Market

Return vs Industry: 531668 underperformed the Indian Entertainment industry which returned -3.3% over the past year.

Return vs Market: 531668 underperformed the Indian Market which returned 6.7% over the past year.


Shareholder returns

531668IndustryMarket
7 Day-3.4%-0.3%-1.1%
30 Day-33.3%5.6%1.5%
90 Day-38.5%4.5%5.1%
1 Year-53.7%-53.7%1.4%0.7%9.3%7.3%
3 Year-57.6%-57.6%-5.1%-6.4%28.9%22.0%
5 Year-9.7%-9.7%23.0%22.2%33.1%21.0%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

136.92x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 531668's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 531668's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 531668 is poor value based on its PE Ratio (141.8x) compared to the Entertainment industry average (23.7x).

PE vs Market: 531668 is poor value based on its PE Ratio (141.8x) compared to the Indian market (13.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 531668's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 531668 is good value based on its PB Ratio (0x) compared to the IN Entertainment industry average (0.7x).


Next Steps

Future Growth

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

18.8%

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 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 performed over the past 5 years?

23.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 531668 has high quality earnings.

Growing Profit Margin: 531668's current net profit margins (0.3%) are lower than last year (2.3%).


Past Earnings Growth Analysis

Earnings Trend: 531668 has become profitable over the past 5 years, growing earnings by 23.6% per year.

Accelerating Growth: 531668's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 531668 had negative earnings growth (-80.2%) over the past year, making it difficult to compare to the Entertainment industry average (12.9%).


Return on Equity

High ROE: 531668's Return on Equity (0.05%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Vision's financial position?


Financial Position Analysis

Short Term Liabilities: 531668's short term assets (₹110.3M) exceed its short term liabilities (₹29.4M).

Long Term Liabilities: 531668 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 531668's debt to equity ratio (1.4%) is considered satisfactory.

Reducing Debt: 531668's debt to equity ratio has reduced from 2% to 1.4% over the past 5 years.

Debt Coverage: Insufficient data to determine if 531668's debt is well covered by operating cash flow.

Interest Coverage: Insufficient data to determine if 531668's interest payments on its debt are well covered by EBIT.


Balance Sheet

Inventory Level: 531668 has a high level of physical assets or inventory.

Debt Coverage by Assets: 531668's debt is covered by short term assets (assets are 32.5x debt).


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.3%industryaverage0.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 531668's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 531668'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 531668's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 531668'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 531668'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's salary, the management and board of directors tenure and is there insider trading?

3.4yrs

Average management tenure


CEO

Ashok Mishra 0

0yrs

Tenure

₹600,000

Compensation

Mr. Ashok Kumar Mishra has been the Chairman of the Board of Vision Corporation Limited since January 31, 2008 and serves as its Managing Director and Chief Financial Officer. Mr. Mishra served as Managing ...


CEO Compensation Analysis

Compensation vs Market: Ashok's total compensation ($USD0.00) is below average for companies of similar size in the Indian market ($USD50.75K).

Compensation vs Earnings: Ashok's compensation has been consistent with company performance over the past year.


Management Age and Tenure

3.4yrs

Average Tenure

Experienced Management: 531668's management team is considered experienced (3.4 years average tenure).


Board Age and Tenure

1.7yrs

Average Tenure

Experienced Board: 531668's board of directors are not considered experienced ( 1.7 years average tenure), which suggests a new board.


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 been substantially diluted in the past year, with total shares outstanding growing by 137.8%.


Management Team

  • A. Shrivastava

    Head of International Business Development

    • Aashutosh Mishra (30yo)

      MD & Whole Time Director

      • Tenure: 11.7yrs
      • Compensation: ₹660.40k
    • Ashok Mishra

      Chairman

      • Compensation: ₹600.00k
    • Anil Gupta

      Director of Business Development

      • Brijesh Rathod

        Company Secretary & Compliance Officer

        • Tenure: 4.4yrs
        • Compensation: ₹300.00k
      • Genevieve Gomes

        Executive Women Director

        • Tenure: 1yrs
      • Umesh Mishra

        Creative Head of Music Department


        Board Members

        • Aashutosh Mishra (30yo)

          MD & Whole Time Director

          • Tenure: 11.7yrs
          • Compensation: ₹660.40k
        • Ashok Mishra

          Chairman

          • Compensation: ₹600.00k
        • Vishal Deshai

          Independent Director

          • Tenure: 2.4yrs
        • Rajeev Pandya

          Independent Director

          • Tenure: 1yrs
        • Genevieve Gomes

          Executive Women Director

          • Tenure: 1yrs
        • Pravin Gupta (71yo)

          Independent Director

          • Tenure: 0.3yrs

        Company Information

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


        Key Information

        • Name: Vision Corporation Limited
        • Ticker: 531668
        • Exchange: BSE
        • Founded: 1995
        • Industry: Movies and Entertainment
        • Sector: Media
        • Market Cap: ₹11.183m
        • Shares outstanding: 19.97m
        • Website: https://www.visioncorpltd.com

        Number of Employees


        Location

        • Vision Corporation Limited
        • 2/A, Citi Mall
        • 2nd Floor
        • Mumbai
        • Maharashtra
        • 400053
        • India

        Listings

        TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
        531668BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2005

        Biography

        Vision Corporation Limited operates as a movies and entertainment company in India and internationally. It creates and distributes theatrical and non-theatrical filmed entertainment; and owns content in various languages, including Hindi, Marathi, Punjabi, Gujarati, Assamese, Oriya, Bengali, classical, and instrumental; and produces and holds rights of approximately 210 titles of music albums and film songs. The company also publishes FILMS TODAY, a film based magazine published in Hindi and English languages; and Eye Opener, a magazine in Hindi language and based on politics. In addition, it organizes events; finances and distributes movies; operates as a marketing agency for airport upgradation equipment; and markets software in various government and private companies, as well as engages in shipping and logistics, infrastructure development, and consultancy activities. The company was formerly known as Vision Paints Limited and changed its name to Vision Corporation Limited. Vision Corporation Limited was incorporated in 1995 and is based in Mumbai, India. 


        Company Analysis and Financial Data Status

        All financial data provided by Standard & Poor's Capital IQ.
        DataLast Updated (UTC time)
        Company Analysis2020/01/22 12:35
        End of Day Share Price2020/01/20 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.