We list the
Review & Recommendation of Shemaroo Entertainment by various research and brokerage entities here.
IIFL has the following recommendation,
Valuations for the company stands at 15.4x FY14 earnings (post issue diluted equity at lower price band), which we believe to be fair given how peers such as Eros International, JMD Telefilms, Media One and Prime Focus are currently priced, based on FY14 earnings and their respective growth and risk characteristics. We recommend clients to subscribe to the issue in the price range of Rs155- Rs165 and further avail the 10% discount available to retail investors.
IDBI Analyst Deepan Sankara Narayanan has the following Review,
Overall, the disproportionate increase in working capital requirements as compared to its growth in revenues will tend to keep the business model weaker and will be a drag on free cash flow generations. Considering business model built only around old catalog movies, huge working capital requirements and relatively higher valuation, we recommend AVOID and remain negative on its performance over long term.
