A Entertainment Media is consumed by audiences across demographics and various avenues, As per report, Indian’s spend 82% of their time on mobile devices for media and entertainment. The Indian media and entertainment sector is predicted to expand at a 10.5% CAGR to $34.62 billion by 2025, led by live events, animation VFX, and online gaming.
The Indian government has taken several initiatives, including digitising the cable distribution sector to attract more institutional funding, increasing the FDI limit in cable and direct-to-home (DTH) satellite platforms from 74% to 100%, and granting industry status to the film industry to facilitate access to institutional finance.
Here are three Multibagger Entertainment stocks
Panorama Studios International Ltd
Panorama Studios International Ltd is a micro-cap stock with a market capitalization of Rs 306 crore. The company’s shares closed at Rs 245.85 apiece, up 5 percent from the previous close price on Wednesday.
In the past year, the company’s share price increased from Rs 102.50 to current levels, giving multibagger returns of 140 percent. As a result, if an investor bought 1 lakh firm shares in the previous year, their shares are now worth 2.40 lakhs!
The company’s revenue has increased by 112 percent year on year, from Rs 33.41 crore in Q1FY23 to Rs 71.05 crore in Q1FY24. During the same period, Net profit increased from a loss of Rs 4.13 crore to a profit of Rs 2.32 crore.
Panorama Studios International Limited is a company in the Indian media and entertainment sector that specialises in the development and distribution of media entertainment and content.
Bodhi Tree Multimedia Ltd.
Bodhi Tree Multimedia Ltd is a micro-cap stock with a market capitalization of Rs 181 crore. The company’s shares closed at Rs 144.85 apiece on Wednesday.
The company’s share price has climbed from Rs 38.90 to current values in the last year, yielding multibagger returns of 280 percent. As a result, if an investor bought 1 lakh company shares in the previous year, their holdings are now worth 3.80 lakhs!
The company revenue increased by 360 percent year on year, from Rs 3.47 crore in Q1FY23 to Rs 16.21 crore in Q1FY24. During the same time period, net profit increased from a loss of Rs 0.20 crore to a profit of Rs 1.26 crore.
Bodhi Tree Multimedia Ltd is primarily engaged in content production for television, films, and other digital platforms. The business operates in the segments of General Entertainment Channels, Digital Platform, and Regional shows in multiple languages.
Tips Industries Ltd
Tips Industries Ltd has a market valuation of Rs 4,235 crore and is a small-cap stock. The stock closed at Rs 329.30 a share, up 0.90 percent from the previous close price on Wednesday.
The company’s share price climbed from Rs 156.13 to current values during the last year, yielding 111 percent multibagger returns. As a result, if an investor purchased 1 lakh company shares in the previous year, their holdings are now worth 2.22 lakhs!
The company’s revenue has increased by 56 percent year on year, from Rs 34 crore in Q1FY23 to Rs 53 crore in Q1FY24. During the same period, Net profit increased by 59 percent from Rs 17 crore to Rs 27 crore.
Tips Industries Limited produces and distributes motion pictures, as well as acquires and exploits music rights. The firm is also a significant producer of Punjabi films in the country.
Written by Omkar Chitnis
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