Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹279Cr
Entertainment - Electronic Media
Rev Gr TTM
Revenue Growth TTM
-1.39%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

UFO
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% | 60.4 | -5.7 | -19.4 | 6.8 | 35.1 | 10.8 | 11.6 | 17.4 | -21.6 | 13.4 | 14.6 | -5.3 |
| 77 | 69 | 69 | 100 | 104 | 88 | 87 | 108 | 82 | 90 | 90 | 111 |
Operating Profit Operating ProfitCr |
| 12.4 | 18.7 | 19.8 | 15.4 | 12.3 | 6.5 | 10.4 | 22.0 | 11.6 | 15.8 | 19.2 | 15.6 |
Other Income Other IncomeCr | 3 | 2 | 2 | 2 | 1 | 1 | 2 | 1 | 2 | 3 | 1 | 1 |
Interest Expense Interest ExpenseCr | 2 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Depreciation DepreciationCr | 13 | 11 | 10 | 11 | 10 | 10 | 9 | 10 | 10 | 10 | 10 | 10 |
| -1 | 4 | 5 | 6 | 8 | -4 | -1 | 20 | 1 | 9 | 11 | 10 |
| 0 | 1 | 2 | 1 | 2 | 0 | 0 | 5 | 2 | 2 | 3 | 3 |
|
Growth YoY PAT Growth YoY% | 93.8 | 198.8 | 135.8 | 1,487.9 | 610.2 | -264.3 | -126.8 | 233.8 | -111.8 | 257.5 | 954.5 | -58.2 |
| -1.3 | 3.0 | 3.8 | 3.9 | 5.1 | -4.4 | -0.9 | 11.0 | -0.8 | 6.1 | 6.8 | 4.9 |
| -0.3 | 0.7 | 0.9 | 1.2 | 1.6 | -1.1 | -0.2 | 4.0 | -0.2 | 1.7 | 1.9 | 1.6 |
| 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 |
|---|
|
| 12.8 | 19.1 | 5.1 | -0.8 | 3.0 | -17.9 | -82.5 | 81.8 | 147.2 | 3.1 | 3.5 | 4.6 |
| 319 | 387 | 414 | 424 | 449 | 384 | 176 | 211 | 364 | 342 | 365 | 372 |
Operating Profit Operating ProfitCr |
| 33.4 | 32.1 | 30.9 | 28.6 | 26.7 | 23.4 | -99.7 | -31.9 | 8.1 | 16.1 | 13.6 | 15.7 |
Other Income Other IncomeCr | 6 | 7 | 16 | 17 | 21 | 16 | 13 | 12 | 14 | 12 | 10 | 6 |
Interest Expense Interest ExpenseCr | 20 | 14 | 14 | 9 | 11 | 10 | 13 | 12 | 11 | 13 | 12 | 13 |
Depreciation DepreciationCr | 77 | 77 | 92 | 80 | 74 | 71 | 63 | 56 | 50 | 43 | 39 | 40 |
| 69 | 98 | 96 | 98 | 99 | 52 | -151 | -107 | -14 | 23 | 17 | 30 |
| 18 | 35 | 36 | 38 | 34 | 13 | -33 | -20 | -1 | 6 | 7 | 11 |
|
| -2.8 | 24.8 | -5.3 | 0.7 | 7.4 | -40.4 | -403.3 | 26.1 | 84.8 | 223.9 | -41.5 | 106.0 |
| 10.6 | 11.1 | 10.0 | 10.2 | 10.6 | 7.7 | -133.5 | -54.2 | -3.3 | 4.0 | 2.3 | 4.5 |
| 17.6 | 24.2 | 21.9 | 22.6 | 23.5 | 13.7 | -41.5 | -27.8 | -3.5 | 4.3 | 2.5 | 5.1 |
| 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 | 26 | 28 | 28 | 28 | 28 | 28 | 28 | 38 | 38 | 39 | 39 | 39 |
| 427 | 489 | 378 | 426 | 444 | 353 | 236 | 238 | 230 | 249 | 259 | 275 |
Current Liabilities Current LiabilitiesCr | 199 | 228 | 230 | 254 | 214 | 181 | 138 | 151 | 173 | 145 | 144 | 169 |
Non Current Liabilities Non Current LiabilitiesCr | 113 | 93 | 84 | 67 | 90 | 108 | 117 | 104 | 90 | 108 | 118 | 122 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 211 | 290 | 355 | 414 | 450 | 302 | 170 | 208 | 177 | 246 | 232 | 296 |
Non Current Assets Non Current AssetsCr | 562 | 558 | 370 | 369 | 342 | 368 | 349 | 323 | 354 | 295 | 327 | 308 |
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 | 114 | 125 | 159 | 95 | 98 | 120 | -16 | -26 | 6 | 77 | 50 |
Investing Cash Flow Investing Cash FlowCr | -62 | -81 | -127 | -108 | -52 | 42 | 7 | -44 | 15 | -39 | -62 |
Financing Cash Flow Financing Cash FlowCr | -60 | -30 | -32 | 7 | -60 | -170 | 8 | 72 | -22 | -42 | 0 |
|
Free Cash Flow Free Cash FlowCr | 81 | 65 | 103 | 37 | 60 | 79 | -40 | -38 | -21 | 48 | 4 |
| 223.6 | 196.6 | 264.2 | 156.2 | 150.1 | 310.2 | 13.6 | 29.6 | -45.9 | 471.9 | 523.1 |
CFO To EBITDA CFO To EBITDA% | 71.1 | 68.3 | 85.8 | 55.6 | 59.8 | 102.2 | 18.3 | 50.4 | 18.9 | 117.4 | 87.1 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 0 | 1,159 | 1,181 | 1,055 | 669 | 217 | 198 | 388 | 238 | 519 | 257 |
Price To Earnings Price To Earnings | 0.0 | 18.3 | 19.5 | 16.8 | 10.1 | 5.6 | 0.0 | 0.0 | 0.0 | 31.7 | 26.8 |
Price To Sales Price To Sales | 0.0 | 2.0 | 2.0 | 1.8 | 1.1 | 0.4 | 2.2 | 2.4 | 0.6 | 1.3 | 0.6 |
Price To Book Price To Book | 0.0 | 2.2 | 2.9 | 2.3 | 1.4 | 0.6 | 0.8 | 1.4 | 0.9 | 1.8 | 0.9 |
| 0.1 | 6.3 | 6.1 | 6.0 | 4.1 | 2.1 | -3.0 | -7.7 | 8.6 | 7.5 | 4.9 |
Profitability Ratios Profitability Ratios |
| 100.0 | 100.1 | 100.3 | 88.2 | 85.7 | 82.2 | 50.9 | 68.9 | 82.1 | 99.1 | 99.7 |
| 33.4 | 32.1 | 30.9 | 28.6 | 26.7 | 23.4 | -99.7 | -31.9 | 8.1 | 16.1 | 13.6 |
| 10.6 | 11.1 | 10.0 | 10.2 | 10.6 | 7.7 | -133.5 | -54.2 | -3.3 | 4.0 | 2.3 |
| 17.1 | 19.6 | 24.6 | 22.2 | 21.1 | 14.1 | -37.4 | -25.6 | -0.9 | 9.7 | 7.5 |
| 11.2 | 12.3 | 14.8 | 13.3 | 13.8 | 10.2 | -44.4 | -31.5 | -4.9 | 5.7 | 3.2 |
| 6.6 | 7.5 | 8.3 | 7.7 | 8.2 | 5.8 | -22.6 | -16.4 | -2.5 | 3.0 | 1.7 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
UFO Moviez India Ltd is India’s largest **in-cinema advertising platform** and a pioneering **end-to-end digital cinema solutions provider**, offering services across cinema digitization, content distribution, advertising, and film exhibition. With a strong technological foundation built on satellite-based E-Cinema systems, the company has evolved into a dominant player in India’s cinematic ecosystem, reaching approximately **1.8–1.9 billion viewers annually** through a vast network of **over 3,700 screens** as of mid-2025.
As of **November 2025**, UFO Moviez has solidified its market leadership through strategic alliances, technological innovation, and expansion into untapped markets—particularly semi-urban and rural areas—while maintaining a diversified revenue model resilient to industry fluctuations.
---
### **Recent Strategic Highlights (Nov 2025)**
- **Strategic Alliance with Miraj Cinemas**
UFO Moviez has entered into an exclusive advertising rights partnership with **Miraj Cinemas**, securing rights across **239 screens in 49 cities and 72 locations**. This alliance expands UFO’s national in-cinema advertising network to **over 4,000 screens**, including **more than 2,500 multiplex screens**, making it the largest such network in India.
- **Scalable National Advertising Platform**
The collaboration integrates Miraj’s exhibition footprint with UFO’s proven advertising expertise, allowing brands to execute pan-India campaigns with **high targeting precision, transparency, and scalability**.
---
### **Core Business Segments & Market Position**
#### 1. **In-Cinema Advertising – India’s Largest Network**
- **Network Reach (as of Q2 FY26):**
- **3,795+ screens** across **1,346 cities**, including:
- **2,279 multiplex screens**
- **1,516 single screens**
- Annual audience reach: **~1.8 billion viewers**
- **Segmented Advertising Channels:**
- **PRIME:** High-end multiplexes and premium circuits.
- **POPULAR:** Standalone and mass-appeal theatres.
- **Technology-Driven Targeting:**
Uses **business intelligence and data logs** to deliver **demographically targeted ads** with verified playback, enhancing ROI for advertisers.
#### 2. **Digital Cinema & VPF Services**
- **Pioneer in Satellite-Based Digitization:**
First company in India to deploy **satellite-enabled digital cinema** solutions, transforming the release and distribution landscape.
- **End-to-End Solutions:**
Servicing both **DCI-compliant** and **non-DCI** theatres across India and Nepal.
- **Global Footprint:**
Operates **3,598+ screens** through subsidiaries and associates globally (as of Sept 2025), with key operations in the **Middle East (via Scrabble Entertainment DMCC)** and **Israel**.
- **Content Delivery Charge (CDC):**
Earns fee-based revenue by replacing physical film reels with secure digital distribution—charging distributors a per-show or weekly fee.
#### 3. **Film Distribution**
- **Low-Risk, Fee-Based Model:**
Distributes films (especially South Indian cinema) across North and pan-India circuits **without content investment or minimum guarantees**.
- **Focus on Regional & Pan-India Releases:**
Distributed films like *Jawaan*, *Karthikeya 2*, and *Rocketry: The Nambi Effect* with a **percentage-of-box-office** revenue model.
- **Supports Theatrical Recovery:**
Aims to reinvigorate single-screen and regional theatres by ensuring regular content flow.
---
### **Expansion into Exhibition: The Nova EUC Initiative**
- **Subsidiary:** Nova Cinemaz Private Limited
- **Objective:** Develop **Entertainment & Utility Centers (EUCs)** in **semi-urban and rural India**—combining cinema, retail, F&B, and digital services under one roof.
- **Current Status (Jul–Nov 2025):**
- Two pilot cinema properties **operational in Uttar Pradesh**.
- Three more under development across two new states.
- **Asset-light franchise model** enables rapid scaling with minimal capital expenditure.
- **Market Opportunity:**
Only **200–250 million Indians** currently have access to cinemas. Over **16,800 PIN codes lack cinema access**, underscoring massive untapped demand.
---
### **Key Strategic Developments & Partnerships (2024–2025)**
| Initiative | Details |
|---------|--------|
| **Joint Venture with Qube Cinema (Expected)** | Proposed JV to consolidate **6,500+ screens** into India’s largest unified cinema advertising network (~65% overlap expected), enhancing sales efficiency and market power. Though delayed due to approvals, it remains a key strategic move. |
| **Partnership with Gofilex (Jun 2024)** | Long-term e-delivery partnership for **DCI-compliant digital content** to theatres in India and Nepal—enabling **global distribution of Indian films** and improving sustainability. |
| **VisualDub AI Technology (2024)** | Partnership with **NeuralGarage**, a Bengaluru-based GenAI startup, to launch **VisualDub**—a proprietary AI tool that **synchronizes lip movements with dubbed audio**, enhancing viewer experience across languages. Revenue shared; no capex required. |
| **Caravan Talkies** | Mobile cinema units delivering brand messages to **rural, media-dark areas**, especially during elections and government campaigns. Delivers **high-margin, localized advertising**. Secured contract with **Central Bureau of Communications (CBC)** in 2023. |
| **Acquisition of SAVET LLC (Sep 2023)** | Dubai-based AV equipment trading company acquired to strengthen **hardware supply chain and international operations**. Generated ~₹53 crore revenue in FY23. |
---
### **Financial & Operational Performance**
- **Profitability:**
Achieved **two consecutive years of profitability from FY24–FY25**, driven by **cost optimization, improved execution**, and **revenue diversification**.
- **Restructured for Growth:**
Organized into **two Strategic Business Units (SBUs)**:
1. **Digital Cinema Business** (core advertising, distribution, VPF)
2. **NOVA EUC** (exhibition & infrastructure)
- **Advertising Revenue Levers:**
- Increasing ad minutes from ~5.67 minutes (up from prior years).
- Improving pricing through better sales strategy and demand recovery.
- **Revenue Streams:**
- **Advertising (core)**
- **Content Delivery Charges (CDC)**
- **Equipment rental & VPF**
- **Film distribution (fee-based)**
- **Government & PSU advertising** (grew from ₹17Cr in FY23 to ₹41Cr in FY24)
- **Emerging:** Social media marketing (via Collective Artist Network), influencer monetization (Big Bang Social), mobile ads (Caravan Talkies)
---
### **Leadership & Governance**
- **Mr. Rajesh Bhagwati Mishra** – **Operational Leader & Founding Employee**
- Over **35 years of experience** in media, film, and technology.
- Chartered Accountant by qualification.
- Spearheaded India’s cinema digitization and digital distribution rollout.
- Oversees **brand development, marketing, and P&L** across group companies.