Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹30Cr
Entertainment - Content Providers
Rev Gr TTM
Revenue Growth TTM
54.60%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

THINKINK
VS
| Quarter | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | 180.0 | -77.9 | 66.7 | 100.0 | -94.8 | 244.8 | -82.0 | -14.0 | 410.0 | 6.0 | -87.2 | -27.3 |
| 17 | 1 | 2 | 1 | 3 | 1 | 0 | 0 | 9 | 0 | 0 | 1 |
Operating Profit Operating ProfitCr |
| 13.2 | -213.8 | 69.7 | 58.0 | -210.0 | 21.0 | 58.1 | 76.2 | -66.9 | 75.5 | 26.7 | 46.4 |
Other Income Other IncomeCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2 | -1 | 5 | 1 | -2 | 0 | 1 | 1 | -2 | 1 | 0 | 1 |
| 2 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | -1 | 0 | 0 | 0 |
|
Growth YoY PAT Growth YoY% | -57.1 | -181.7 | 32.8 | 1,466.7 | -231.9 | 117.9 | -86.8 | -2.1 | -25.8 | 341.7 | -95.7 | -54.4 |
| 4.9 | -231.0 | 53.5 | 47.0 | -124.0 | 12.0 | 39.3 | 53.5 | -30.6 | 50.0 | 13.3 | 33.6 |
| 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.1 | 0.0 | 0.0 | 0.0 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| | 1,600.3 | 216.6 | -27.7 | -0.1 | 50.0 | -96.7 | 485.0 | 170.1 | -61.3 | -8.2 | -15.9 |
| 1 | 14 | 44 | 32 | 31 | 47 | 2 | 6 | 19 | 7 | 10 | 10 |
Operating Profit Operating ProfitCr |
| 27.4 | 2.2 | 1.5 | 2.5 | 3.5 | 3.8 | -24.6 | 34.8 | 23.4 | 30.3 | -13.6 | -26.3 |
Other Income Other IncomeCr | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 1 | 1 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 0 | 1 | 1 | 1 | 1 | 2 | 0 | 4 | 6 | 3 | 0 | -1 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 0 | 0 |
|
| | 23.7 | 28.0 | 16.2 | 79.4 | 48.1 | -113.9 | 1,710.2 | 46.6 | -43.5 | -103.8 | -523.7 |
| 33.3 | 2.4 | 1.0 | 1.6 | 2.8 | 2.8 | -11.8 | 32.4 | 17.6 | 25.6 | -1.1 | -7.8 |
| 0.3 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | -0.1 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 11 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 47 | 47 |
| 0 | 13 | 13 | 13 | 14 | 16 | 16 | 18 | 23 | 87 | 104 | 104 |
Current Liabilities Current LiabilitiesCr | 1 | 20 | 8 | 44 | 72 | 46 | 35 | 29 | 13 | 10 | 8 | 10 |
Non Current Liabilities Non Current LiabilitiesCr | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 17 | 0 | 0 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 12 | 47 | 31 | 68 | 92 | 77 | 65 | 62 | 66 | 68 | 91 | 94 |
Non Current Assets Non Current AssetsCr | 0 | 0 | 4 | 4 | 9 | 1 | 1 | 1 | 26 | 61 | 68 | 67 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | -8 | 0 | -16 | 0 | -1 | -3 | 0 | -1 | -14 | -22 | -44 |
Investing Cash Flow Investing Cash FlowCr | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 1 | -25 | 0 | -6 |
Financing Cash Flow Financing Cash FlowCr | 9 | 16 | 0 | 0 | 0 | 0 | 0 | 0 | 40 | 21 | 49 |
|
Free Cash Flow Free Cash FlowCr | -8 | 0 | -16 | 0 | -1 | -4 | 0 | -1 | -14 | -28 | -56 |
| -2,754.4 | -136.2 | -3,601.4 | -16.1 | -56.2 | -244.6 | -80.6 | -34.5 | -318.0 | -883.8 | 46,291.9 |
CFO To EBITDA CFO To EBITDA% | -3,341.5 | -148.9 | -2,407.7 | -10.1 | -45.5 | -178.6 | -38.5 | -32.1 | -239.2 | -747.7 | 3,585.7 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 0 | 551 | 496 | 319 | 53 | 59 | 87 | 174 | 229 | 102 | 55 |
Price To Earnings Price To Earnings | 0.0 | 161.7 | 111.7 | 63.2 | 59.5 | 43.5 | 0.0 | 57.6 | 51.5 | 40.5 | 0.0 |
Price To Sales Price To Sales | 0.0 | 38.9 | 11.1 | 9.8 | 1.6 | 1.2 | 54.5 | 18.6 | 9.1 | 10.4 | 6.2 |
Price To Book Price To Book | 0.0 | 2.0 | 1.8 | 1.1 | 1.8 | 1.9 | 2.9 | 5.3 | 6.1 | 1.0 | 0.1 |
| -4.6 | 1,706.4 | 755.2 | 399.2 | 46.7 | 32.3 | -222.7 | 53.7 | 38.6 | 34.4 | -45.5 |
Profitability Ratios Profitability Ratios |
| 100.0 | 10.0 | 3.2 | 9.5 | 25.9 | 60.8 | 100.0 | 62.9 | 100.0 | 100.0 | 44.4 |
| 27.4 | 2.2 | 1.5 | 2.5 | 3.5 | 3.8 | -24.6 | 34.8 | 23.4 | 30.3 | -13.6 |
| 33.3 | 2.4 | 1.0 | 1.6 | 2.8 | 2.8 | -11.8 | 32.4 | 17.6 | 25.6 | -1.1 |
| 3.6 | 1.8 | 3.2 | 2.9 | 4.3 | 6.0 | 0.1 | 12.2 | 15.8 | 3.4 | 0.0 |
| 2.5 | 1.3 | 1.6 | 1.8 | 3.1 | 4.4 | -0.6 | 9.2 | 11.8 | 2.5 | -0.1 |
| 2.3 | 0.7 | 1.2 | 0.7 | 0.9 | 1.7 | -0.3 | 4.8 | 4.9 | 1.9 | -0.1 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
Thinkink Picturez Ltd. is an established entertainment and media production company with over a decade of experience in film, television, and digital content. Headquartered in Mumbai, the company operates as a full-service media house, offering end-to-end solutions in concept development, production, scriptwriting, casting, post-production, and event management. Under the leadership of Chairman and Managing Director Mr. Raaj Shaandilyaa—a prolific comedy writer known for *Comedy Circus* and *Comedy Nights with Kapil*—Thinkink Picturez has evolved into a pan-India player with growing international ambitions.
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### **Strategic Growth & Expansion (2023–2025)**
#### **1. International Expansion & VFX Innovation (2024)**
- In **January 2024**, Thinkink launched a **new VFX and OTT platform company in Dubai, UAE**, marking its entry into global operations. The UAE was chosen for its strategic location, advanced infrastructure, and thriving entertainment ecosystem.
- In **February 2024**, Thinkink acquired **Think Star Entertainment Technology LLC**, a Dubai-based production entity, as a wholly-owned subsidiary.
- The subsidiary secured a **contract worth AED 20 million (approx. ₹45 crores)** to produce Korean drama and thriller content for OTT platforms.
- It specializes in **VFX, contract content production**, and **studio/equipment rentals**, enhancing Thinkink’s global delivery capabilities.
- In **July 2024**, the company was awarded a **$2 million contract** to produce the animated film *Dog Man*, directed by Peter Hastings.
- This marked Thinkink’s **first major venture into VFX and animation**, with completion by March 2025 and release scheduled for July 2025.
- The project has attracted interest from globally renowned directors, including **Barry Jenkins, Mike Mitchell, Chris Renaud, and Simon Otto**, validating the studio’s technical and creative potential.
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#### **2. Content Pipeline & Collaborative Productions**
Thinkink has aggressively expanded its content portfolio through strategic co-productions with industry leaders:
- **"Vicky Vidya ka Woh wala video" (May 2024 Update)**
- Starring **Rajkumar Rao and Tripti Dimri**, directed by **Raaj Shaandilyaa**.
- Produced in collaboration with **T-Series, Balaji Telefilms, and Wakaoo Films**.
- The company is set to earn an **INR 60 million writing and direction fee**, along with **20% IP rights** and **profit-sharing**.
- Projected to achieve **box office collections of up to ₹200 crores**, representing a major revenue milestone.
- Filming was completed by mid-April 2024, with a planned year-end release (2024).
- **Five-Film Deal with T-Series**
- Signed in **September 2023**, this agreement expands Thinkink’s presence in mainstream Hindi cinema.
- Includes multiple productions, with two collaborations underway with **Balaji Telefilms**.
- **Slate of Upcoming Films (Sept 2023)**
Thinkink is developing **seven major films** directed by acclaimed filmmakers:
- *Ramlali* – Directed by National Award-winner **Omung Kumar**.
- *Arabi Kalyanam* – Directed by **Shree Narayan Singh** (*Toilet: Ek Prem Katha*).
- *Kanya Kumar* – Directed by **Rajeev Dhingra**.
- *Quack Shambhu* – Debutante director **Anindya Bikash Datta**.
- *Googly* – Directed by **Sanjay Gadhavi** (*Dhoom* series).
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### **Core Business & Service Offerings**
Thinkink operates across multiple verticals:
- **Media & Film Production**: Full-cycle services from concept to post-production (scriptwriting, casting, location scouting, editing, sound, VFX).
- **Event Management**: National and international corporate/private events, branded entertainment.
- **Artist & Celebrity Management**: Strategic focus to become a top-tier provider in Mumbai.
- **Music & IP Licensing**: Plans to launch a **music label** and **casting agency**, and curate rights for larger studios.
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### **Leadership & Vision**
- **Raaj Shaandilyaa** (Chairman & MD): A record-holding scriptwriter with 900+ comedy scripts; directed *Dream Girl* and *Dream Girl 2*.
- The company emphasizes **authentic storytelling**, **predictable revenue models**, and **scalable content production**.
- Core focus: **sustainability, profitability, and global expansion**.
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