Balaji Telefilms Ltd
BALAJITELEBalaji Telefilms Ltd is cheap for a reason. The P/E sits at the 28th percentile of its own range, and the quarters are still getting worse.
The sharpest disagreement: the price moved −9.6% in a year while annual EPS moved −155.4% — the difference is re-rating, and re-rating has to be repaid with earnings.
The price is in a downtrend (4 weeks in) while the P/E sits at the 28th percentile of its own 10-year range. Underneath, the last four quarters read deteriorating — profit −114.9% year on year, and 105% of the last 3 years' profit arrived as cash. What settles it: whether earnings grow into a price that has already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Balaji Telefilms Ltd trades at ₹88.3, in a downtrend and 4 weeks into that stage. That is −7.0% against its own 200-day average. It sits at 22% of a 52-week range of ₹76 to ₹133. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (8 weeks and counting).
Today the stock is in a downtrend — week 4 of stage 4, confirmed. At ₹88.3 it trades −7.0% versus its 200-day average and sits at 22% of its 52-week range (₹76–₹133).
Against the market, two honest reads. Cumulative: over the last 10.3 years the stock moved −16% while the NIFTY 500 moved +274% — behind the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (8 weeks and counting; last ahead the week of 2026-06-12) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
→ The trend is one thing; the bill is another. Are you paying up for it? Next: the P/E sits at the 28th percentile of its own range.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
Balaji Telefilms Ltd trades at 18.6× P/E, near the bottom of its own range — cheaper only 28% of the time. Its long-run median P/E is 25.1×, measured across 10.2 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 18.6× is near the bottom of its own range — cheaper only 28% of the time, against a long-run median of 25.1× measured over 10.2 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
🚨 Why the multiple sits where it does: over the past year annual EPS moved −155.4% against a −9.6% price move — the price outran earnings, pushing the multiple UP its own range.
The price move, decomposed: over 10y, of the −0.9%/yr price move, ~+3.8%/yr came from earnings growth and ~−4.7 pp from the multiple (compressing). The split is the honest approximate (price return minus earnings growth); it makes the rally itself visible instead of hiding it behind the percentile.
Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.
A quarterly PEG curve, which only the second data source carries, is not drawn on this page: its two data sources do not share enough overlapping reported history to be compared. A figure nobody could check is not used to price growth — the gap is a decision, not missing data.
→ Cheap or dear rides on the earnings. Are they actually growing? Next: the fundamental stage — where the business sits in its arc, and how growth has compounded.
Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Balaji Telefilms Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 10 quarters across 2 curves, on partial evidence.
Why it matters: with too little history, an honest page says so instead of guessing a trajectory.
One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.
Return readings here are annual, not quarterly — read as level and direction only; they can confirm the growth curves but never drive the stage on their own.
Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | −53.4% | −29.1% | −6.4% | −3.2% |
| Share price | −9.6% | +27.2% | +4.3% | −0.9% |
→ The stage names the trajectory. Next: the revenue line that produces it, quarter by quarter.
4-Factor Sector Score
26.8/100 — rank 23 of 25 in Entertainment & Media · 69% evidence confidence
Balaji Telefilms Ltd scores 26.8 out of 100 against the 25 companies it is compared with in Entertainment & Media, ranking 23. Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
The four contributions add to the total exactly: 5.2 + 7.8 + 10 + 3.8 = 26.8. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Balaji Telefilms Ltd reported ₹48.0 Cr of revenue in the Mar 26 quarter, −27.3% year on year. Over 10 years it has compounded at −3.2% a year. The last full year, FY26, came in at ₹211 Cr. The last four reported quarters add to ₹212 Cr.
Balaji Telefilms Ltd reported ₹48.0 Cr of revenue in the Mar 26 quarter, −27.3% year on year. Over 10 years it has compounded at −3.2% a year. The last full year, FY26, came in at ₹211 Cr. The last four reported quarters add to ₹212 Cr.
FY26 revenue came in at ₹211 Cr (−53.4% on the year), capping 10 years at −3.2% compound. The latest quarter (Mar 26) printed ₹48.0 Cr, −27.3% year on year.
Pace check: the last four quarters averaged −49.8% growth against the decade's −3.2% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew −53.1% over the last 4 quarters against −41.8%/yr over the last 8 — rolling over.
→ Revenue slipped — did margins hold as it scaled? Next: −36.0% this quarter (−7.0 pp YoY).
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Balaji Telefilms Ltd's operating margin is −36.0% in the Mar 26 quarter, −7.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged −36.0% to 7.0%. The current quarter sits inside that band.
Balaji Telefilms Ltd's operating margin is −36.0% in the Mar 26 quarter, −7.0 percentage points against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged −36.0% to 7.0%. The current quarter sits inside that band.
The latest quarter's operating margin is −36.0%, −7.0 pp against the same quarter a year ago. Across 13 fiscal years the operating margin has ranged −36.0%–7.0%.
🚨 Why the margin moved: operating margin went −7.3 pp year on year while gross margin went −5.5 pp — the loss came mostly from the gross line: input costs and pricing.
→ Margins slipped — did that reach the bottom line? Next: profit −114.9% in the latest quarter.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Balaji Telefilms Ltd posted a net loss of ₹14.0 Cr in the Mar 26 quarter. The full FY26 year was a loss of ₹50.0 Cr. That loss is 29.2% of the quarter's revenue. The same quarter a year earlier earned ₹94.0 Cr. 7 of the last 12 reported quarters were loss-making.
Balaji Telefilms Ltd posted a net loss of ₹14.0 Cr in the Mar 26 quarter. The full FY26 year was a loss of ₹50.0 Cr. That loss is 29.2% of the quarter's revenue. The same quarter a year earlier earned ₹94.0 Cr. 7 of the last 12 reported quarters were loss-making.
Mar 26 profit was ₹−14.0 Cr, −114.9% year on year. On the full year, FY26 printed ₹−50.0 Cr (−158.8%).
→ Profit rose — but did the cash follow? Next: 105% of the last 3 years' profit arrived as cash.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 105% of Balaji Telefilms Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹−73.0 Cr of operating cash against ₹−50.0 Cr of profit. After ₹10.0 Cr of capital spending, ₹−83.0 Cr was left as free cash.
FY26: operating cash of ₹−73.0 Cr against reported profit of ₹−50.0 Cr, leaving free cash of ₹−83.0 Cr after ₹10.0 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 105% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why conversion sits at 105%: the cash cycle tightened 46 days between FY21 and FY26 — cash that used to wait in the cycle now reaches the bank sooner.
Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.
→ So follow the cash to where it goes. Next: a 103-day cycle and ₹18.0 Cr of building.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Balaji Telefilms Ltd's cash conversion cycle runs 103 days in FY26, down from 149 days in FY21. Capital spending ran ₹18.0 Cr over the last 3 years. At FY26 sales of ₹211 Cr each day of that cycle holds about ₹0.6 Cr, so roughly ₹60.0 Cr sits inside the business at any moment.
FY26: debtors at 103 days (an asset-light business — no inventory to speak of) — for a full cycle of 103 days, tighter than FY21's 149.
In money terms: at FY26 sales of ₹211 Cr, each day of the cycle holds about ₹0.6 Cr — so the 103-day loop keeps roughly ₹60.0 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹18.0 Cr over the last 3 fiscal years against ₹23.0 Cr of depreciation — spending at or below maintenance level. Capital work-in-progress stands at ₹0.0 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.
→ Does all this activity actually earn its cost of capital? Next: ROCE is −10% and the ROIC − WACC spread is −26.0 pp.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.⚠ unverified
Balaji Telefilms Ltd earns a ROCE of −10% in FY26. That is up from a trough of −24% in FY22. Return on invested capital clears the cost of that capital by −26.0 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is −23.7% net margin on 0.25× asset turns.
FY26 ROCE is −10%, recovered from a FY22 trough of −24% — the full ladder below shows the fall and the climb, undoctored.
🚨 Why the return is what it is — the wiring (FY26): −23.7% net margin × 0.25× asset turns × 1.37× balance-sheet leverage ≈ −8.1% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.
The capstone test — ROIC − WACC: −14.0% − 12.0% = a −26.0 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.
→ Returns like these — is the balance sheet borrowing to make them? Next: debt-to-equity is 0.03.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.⚠ unverified
Balaji Telefilms Ltd carries total debt of ₹19.0 Cr against shareholder equity of ₹621 Cr as of Mar 26, a debt-to-equity of 0.03 — effectively unlevered. On the annual view that ratio went from 0.11 in FY22 to 0.03 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.
Mar 26: total debt of ₹19.0 Cr against shareholder equity of ₹621 Cr — a debt-to-equity of 0.03. On the annual view, debt-to-equity went from 0.11 (FY22) to 0.03 (FY26). The returns on this page are earned, not borrowed.
→ Who owns this, and are they adding or leaving? Next: Foreign institutions added 6.0 points over 8 quarters.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Foreign institutions added 6.0 points of Balaji Telefilms Ltd over 8 quarters, the biggest move on the register. That takes foreign institutions to 24.5% of the company. Promoters moved −2.9 points over the same window, to 31.3%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Foreign institutions: +6.0 points over 8 quarters to 24.5%; Promoters: −2.9 points over 8 quarters to 31.3%; Domestic institutions: +0.0 points over 8 quarters to 0.0%.
Why the register moved: foreign institutions drove it (+6.0 points), absorbed on the other side by promoters (−2.9 points) — steady accumulation by institutions reading the same numbers this page reads.
→ One last check: does the safety math agree? Next: the balance-sheet safety line.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Balaji Telefilms Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | P/E | Mkt cap | Revenue | EPS | ROCE | Stage |
|---|---|---|---|---|---|---|
| Balaji Telefilms Ltd this page | 18.6× | ₹1,024 Cr | No read | |||
| Prime Focus Ltd | 95.6× | ₹22,463 Cr | No read | |||
| Sun TV Network Ltd | 12.8× | ₹19,188 Cr | Mixed | |||
| Amagi Media Labs Ltd | 184.0× | ₹13,176 Cr | — | — | — | — |
| Nazara Technologies Ltd | 11.6× | ₹11,236 Cr | No read | |||
| Nazara Technologies Ltd | 11.6× | ₹11,199 Cr | No read | |||
| PVR Inox Ltd | 32.9× | ₹10,448 Cr | No read | |||
| Zee Entertainment Enterprises Ltd | 36.3× | ₹10,130 Cr | Deteriorating | |||
| Network 18 Media & Investments Ltd | — | ₹4,413 Cr | No read | |||
| City Pulse Multiventures Ltd | 2,154.0× | ₹4,329 Cr | No read | |||
| Hathway Cable & Datacom Ltd | 25.1× | ₹1,905 Cr | Deteriorating | |||
| Media Matrix Worldwide Ltd | 271.0× | ₹1,585 Cr | Turning around | |||
| Den Networks Ltd | 8.7× | ₹1,296 Cr | Deteriorating | |||
| Panorama Studios International Ltd | 80.8× | ₹1,266 Cr | Deteriorating | |||
| Panorama Studios International Ltd | 30.2× | ₹1,116 Cr | Topping out | |||
| Bright Outdoor Media Ltd | 43.7× | ₹875 Cr | No read | |||
| New Delhi Television Ltd | — | ₹865 Cr | No read | |||
| City Pulse Multiventures Ltd | 426.0× | ₹779 Cr | No read | |||
| T.V. Today Network Ltd | 26.8× | ₹695 Cr | Mixed | |||
| Hindustan Media Ventures Ltd | 4.4× | ₹688 Cr | No read | |||
| GTPL Hathway Ltd | 85.5× | ₹682 Cr | Deteriorating | |||
| H T Media Ltd | 4.3× | ₹565 Cr | No read | |||
| Dish TV India Ltd | — | ₹519 Cr | No read | |||
| Entertainment Network (India) Ltd | 258.0× | ₹504 Cr | No read | |||
| Nila Spaces Ltd | 17.6× | ₹501 Cr | No read | |||
| Zee Media Corporation Ltd | 74.8× | ₹498 Cr | No read | |||
| Basilic Fly Studio Ltd | 9.4× | ₹481 Cr | No read | |||
| DAPS Advertising Ltd | 8.5× | ₹11 Cr | No read |
Frequently asked questions
What is Balaji Telefilms Ltd's share price today?
Balaji Telefilms Ltd trades at ₹88.3, −9.6% over the past year. The company is valued at ₹1,024 Cr. The stock sits at 22% of its 52-week range of ₹76–₹133, −7.0% versus its 200-day average. On the tape, the price is in a downtrend, 4 weeks in. — as of 24 July 2026.
What were Balaji Telefilms Ltd's latest quarterly results?
Balaji Telefilms Ltd reported revenue of ₹48.0 Cr and a net loss of ₹14.0 Cr for the Mar 26 quarter. Revenue fell 27.3% and profit fell 114.9% year on year. Earnings per share were ₹−1.15. The operating margin was −36.0%, 7.0 pp lower than a year earlier. — as of 24 July 2026.
What is Balaji Telefilms Ltd's revenue?
Balaji Telefilms Ltd reported revenue of ₹48.0 Cr in the Mar 26 quarter, −27.3% year on year. For the full FY26 fiscal year, revenue was ₹211 Cr (−53.4%). Over the last 10 years revenue compounded at −3.2% a year. — as of 24 July 2026.
What is Balaji Telefilms Ltd's profit?
Balaji Telefilms Ltd earned ₹−14.0 Cr of net profit in the Mar 26 quarter, −114.9% year on year. Full-year FY26 profit was ₹−50.0 Cr. The operating margin ran −36.0% in the latest quarter. — as of 24 July 2026.
What is Balaji Telefilms Ltd's market cap?
Balaji Telefilms Ltd's market capitalisation is ₹1,024 Cr at a share price of ₹88.3. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 24 July 2026.
What is Balaji Telefilms Ltd's P/E ratio?
Balaji Telefilms Ltd trades at a P/E of 18.6×, at the 28th percentile of its own 10-year range, against a long-run median of 25.1×. This is a comparison with the stock's own history, not a value call — as of 24 July 2026.
Does Balaji Telefilms Ltd pay a dividend?
Not in its latest year — Balaji Telefilms Ltd's dividend payout was 0% of profit in FY26. It did record a payout in 1 of its last 13 reported fiscal years, so there is a history but no current dividend. This page holds the payout ratio, not a per-share amount. — as of 24 July 2026.
Is Balaji Telefilms Ltd overvalued?
On its own history, Balaji Telefilms Ltd looks cheap against its own history: its P/E of 18.6× has been cheaper only 28% of the time in 10 years (long-run median 25.1×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 24 July 2026.
Is Balaji Telefilms Ltd growing?
Not right now — Balaji Telefilms Ltd's latest numbers are shrinking: latest-quarter revenue −27.3% year on year, profit −114.9%, and the margin −7.0 pp at −36.0%. The earnings engine currently reads: deteriorating — as of 24 July 2026.
How is Balaji Telefilms Ltd performing?
Balaji Telefilms Ltd is in a downtrend, 4 weeks in. Its latest quarter's revenue fell 27.3% and profit fell 114.9% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 8 weeks. This describes what the data did, not a rating. — as of 24 July 2026.
Is Balaji Telefilms Ltd in an uptrend?
No — the price is in a downtrend (week 4 of stage 4), trading −7.0% versus its 200-day average and at 22% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 24 July 2026.
Is Balaji Telefilms Ltd beating the market?
Not lately — on a trailing-13-week view Balaji Telefilms Ltd is currently behind the NIFTY 500 (8 weeks and counting; last ahead the week of 2026-06-12), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 10.3 years the stock moved −16% against the NIFTY 500's +274% — behind the index over the full window. — as of 24 July 2026.
Will Balaji Telefilms Ltd's share price go up?
This page publishes no price forecast for Balaji Telefilms Ltd. What it measures instead: the share price is ₹88.3, the price is in a downtrend 4 weeks in. Its P/E of 18.6× sits at the 28th percentile of its own 10-year range. — as of 24 July 2026.
Who owns Balaji Telefilms Ltd?
Promoters hold 31.3% of Balaji Telefilms Ltd, foreign institutions 24.5%, domestic institutions 0.0% and the public 44.1% (latest quarter). The biggest move on the register over the last two years: Foreign institutions added 6.0 points over 8 quarters. — as of 24 July 2026.
Does Balaji Telefilms Ltd have too much debt?
No — Balaji Telefilms Ltd's debt-to-equity is 0.03, and operating profit covers the interest bill −33×. FY26 borrowings were ₹19.0 Cr against equity of ₹624 Cr. The returns on this page are earned, not borrowed — as of 24 July 2026.
What is Balaji Telefilms Ltd's capex?
Balaji Telefilms Ltd spent ₹18.0 Cr on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹10.0 Cr, with ₹0.0 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 24 July 2026.
What is Balaji Telefilms Ltd's cash flow?
Balaji Telefilms Ltd generated ₹−73.0 Cr of operating cash flow in FY26 and ₹−83.0 Cr of free cash flow after ₹10.0 Cr of capital spending. Reported profit that year was ₹−50.0 Cr, so operating cash ran behind profit. Cash-flow resolution for India is annual. — as of 24 July 2026.
Is Balaji Telefilms Ltd's profit real cash?
Yes — over the last 3 fiscal years, 105% of Balaji Telefilms Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹−73.0 Cr against reported profit of ₹−50.0 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 24 July 2026.
Where is Balaji Telefilms Ltd in its business cycle?
Balaji Telefilms Ltd's FY26 operating margin was −31.0%, against a 13-year band of −36.0%–7.0%: the low end of its own band, which is where recoveries start when they come. The latest quarter ran −36.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 24 July 2026.
What could break the Balaji Telefilms Ltd story?
The sharpest disagreement: the price moved −9.6% in a year while annual EPS moved −155.4% — the difference is re-rating, and re-rating has to be repaid with earnings. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 24 July 2026.
Is Balaji Telefilms Ltd a stock worth studying right now?
This is not investment advice. The machine read: Balaji Telefilms Ltd is cheap for a reason. The P/E sits at the 28th percentile of its own range, and the quarters are still getting worse. The sharpest open question: whether earnings grow into a price that has already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 24 July 2026.