One of the entertainment stocks engaged in film editing, CGI, VFX, and video conversion has gained 1.43% after reporting revenue increased by 20.51 percent and net profit gained by 30.2 percent as compared to the second half of 2024. 

Stock Movement: 

After announcing its quarterly results, Picturepost Studios Limited’s share is up by 1.43%. The stock opened at Rs. 32.40 and is currently trading at Rs. 32, with a high of Rs 33 and a low of Rs 32.40. The market capitalization now stands at approximately Rs. 93.76 crore. 

What Happened 

Picturepost Studios Limited’s recent quarter saw a rise in revenue and net profits, which led to this bullish movement in the stock price. According to its recent filing, in the quarter ending September 2024, Picturepost Studios Limited’s revenue from operations has increased by 20.51 percent, from Rs. 13.92 crore in H2 FY24 to Rs. 17.51 crore in H1 FY25. 

Picturepost Studios Limited’s net profit has increased by 30.2 percent, from Rs. 2.51 crore in H2 FY24 to Rs. 3.26 crore in H1 FY25. 

In terms of ratios, Picturepost Studios Limited’s earnings per share are currently at Rs. 1.36, and the debt-to-equity ratio should be 0.07, which presents the almost debt-free company. 

Shareholding Pattern: 

As of the September 2024 shareholding pattern, Picturepost Studios Limited has majorly held a promoter by 68.26 percent, a domestic institutional investor by 1.56 percent, and the public by 30.18 percent. 

About the Company 

Picturepost Studios Limited is a leading post-production company specializing in film editing, CGI, VFX, video conversion, and digital mastering. The company evolved from its initial formation as Produce Solutions LLP in August 2019. The company underwent strategic transformations, changing to Picturepost Studios LLP in 2022. It converted to a private limited entity in June 2023 and finally emerged as a public limited company in May 2024. 

The company is outstanding in post-production services, offering cutting-edge solutions in film editing and visual effects. The company has an expert team that delivers CGI, video conversion, grading, and film mastering services for channels and digital platforms. With specialized professionals and modern technology, Picturepost Studios Limited meets diverse entertainment industry demands. 

Written By – Nikhil Naik

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.