BSE:531695

Stock Analysis Report

Veronica Production

Executive Summary

Veronica Production Limited engages in the advertising and media product business in India and internationally.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 531695 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

531695

-3.4%

IN Entertainment

-3.9%

IN Market


1 Year Return

-25.6%

531695

7.4%

IN Entertainment

4.5%

IN Market

Return vs Industry: 531695 underperformed the Indian Entertainment industry which returned -3.3% over the past year.

Return vs Market: 531695 underperformed the Indian Market which returned 6.7% over the past year.


Shareholder returns

531695IndustryMarket
7 Day0%-3.4%-3.9%
30 Day0%3.1%-3.9%
90 Dayn/a8.9%-2.1%
1 Year-25.6%-25.6%8.0%7.4%6.4%4.5%
3 Year-78.7%-78.7%-1.9%-3.2%19.4%12.8%
5 Year-96.9%-96.9%25.2%24.4%28.2%16.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


In this section, we usually try to help investors determine whether Veronica Production is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Veronica Production has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

Future Growth

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

18.0%

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 Veronica Production 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 Veronica Production performed over the past 5 years?

-164.4%

Last years earnings growth


Earnings and Revenue History

Quality Earnings: 531695 is currently unprofitable.

Growing Profit Margin: 531695 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: Insufficient data to determine if 531695's year-on-year earnings growth rate was positive over the past 5 years.

Accelerating Growth: Unable to compare 531695's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 531695 is unprofitable, making it difficult to compare its past year earnings growth to the Entertainment industry (12.9%).


Return on Equity

High ROE: 531695 has a negative Return on Equity (-0.24%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Veronica Production's financial position?


Financial Position Analysis

Short Term Liabilities: 531695's short term assets (₹412.9M) exceed its short term liabilities (₹409.5M).

Long Term Liabilities: 531695's short term assets (₹412.9M) exceed its long term liabilities (₹4.9M).


Debt to Equity History and Analysis

Debt Level: 531695's debt to equity ratio (0.7%) is considered satisfactory.

Reducing Debt: 531695's debt to equity ratio has reduced from 1.8% to 0.7% over the past 5 years.


Balance Sheet

Inventory Level: 531695 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 531695's debt is covered by short term assets (assets are 85.6x 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: 531695 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: Insufficient data to determine if 531695 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.7%industryaverage0.5%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 531695's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 531695'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 531695's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 531695'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 531695's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

6.4yrs

Average board tenure


CEO

Veronica Production has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Rajeshbhai Ruparelia
Executive Director6.5yrsno datano data
Hareshbhai Togadiya
Non Executive Independent Director6.5yrsno datano data
Dipakkumar Joshi
Non Executive Non Independent Director6.3yrsno datano data
Henil Ruparelia
Non-Independent Director2.2yrsno datano data

6.4yrs

Average Tenure

Experienced Board: 531695's board of directors are considered experienced (6.4 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

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: Insufficient data to determine if shareholders have been diluted in the past year.


Top Shareholders

Company Information

Veronica Production Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Veronica Production Limited
  • Ticker: 531695
  • Exchange: BSE
  • Founded: 1990
  • Industry: Movies and Entertainment
  • Sector: Media
  • Market Cap: ₹22.812m
  • Shares outstanding: 71.29m
  • Website: https://www.veronicaproduction.com

Location

  • Veronica Production Limited
  • 1, Vanyawadi Main Road
  • Swami Vivekananda Road
  • Rajkot
  • Gujarat
  • 360002
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
531695BSE (Mumbai Stock Exchange)YesEquity SharesININRJul 2011

Biography

Veronica Production Limited engages in the advertising and media product business in India and internationally. It is involved in print media business, as well as media related products trading business. The company offers its services for various brands of computers, laptop, tab, hardware, software, etc. It also engages in the distribution of movie rights; movie production and post-production activities; and editing of films, serials, realty shows, music videos, songs, events, corporate advertisements, television commercials, and other activities. The company, formerly known as Jagran Production Limited, was founded in 1990 and is based in Rajkot, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/10/19 12:50
End of Day Share Price2019/07/22 00:00
Earnings2018/09/30
Annual Earnings2018/03/31


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.