Sunshine Pictures Ltd
Incorporated in year 2007, we are a production-house engaged in the business of originating, creating, developing, producing, marketing and distribution of films, TV serials and web series ("Projects"). Since our incorporation, we have produced various prominent works in modern Indian cinema. Our debut production `Force', under our banner was a box office hit. Since then, we have produced and distributed prominent, commercial and socially relevant films such as `Commando: A One-Man Army', `Holiday: A soldier is never off duty', `Force 2', `Commando 2: The black money trail', `The Kerala Story', etc. Our productions such as `Force', `Holiday: A soldier is never off duty', `Human (web series)' and `The Kerala Story' and their respective cast have bagged various awards such as the Filmfare Award, the International Indian Film Academy award, the Stardust Awards, the Global Film Award, the Apsara Film Producers Guild Awards, the BIG Star Entertainment Awards, India, the Indian Telly Streaming Awards, the Bollywood Life Awards, the Dadasaheb Phalke Film Foundation Awards, the Iconic Gold Awards, the Zee Cine Awards, etc. Our production, `The Kerala Story' emerged as the highest return-on-investment blockbuster in 2023, reflecting the company's ability to balance commercial appeal with critical acclaim (Source: D&B Report).
Timeline
Subscription
Reports
Offer Details
Terms
Application Sizes
Managers & Registrar
Ownership & Proceeds
Offer for Sale
Shareholding
Objects of the Issue
- Funding the working capital requirement of the company
- General corporate purposes
Anchor Book
Financials
Profit & Loss
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| RevenueCr | 87 | 27 | 134 | 103 | 74 |
| Operating ProfitCr | 15 | 4 | 67 | 49 | 57 |
| OPM% | 17.6 | 15.3 | 50.4 | 47.3 | 76.6 |
| PBTCr | 15 | 3 | 70 | 47 | 54 |
| PATCr | 11 | 2 | 52 | 35 | 40 |
| EPS | 790 | 164 | 18 | 13 | 15 |
Balance Sheet
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Equity CapitalCr | 0 | 0 | 0 | 26 | 26 |
| ReservesCr | 25 | 27 | 70 | 78 | 119 |
| BorrowingsCr | 0 | 6 | 17 | 11 | 9 |
| Total AssetsCr | 27 | 39 | 97 | 131 | 180 |
Cash Flow
| Financial Year | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Operating Cash FlowCr | -5 | -5 | 32 | 41 | -33 |
| Investing Cash FlowCr | -8 | -4 | -30 | -24 | 26 |
| Financing Cash FlowCr | 0 | 6 | -1 | -7 | -4 |
| Net Cash FlowCr | -13 | -3 | 1 | 10 | -11 |
Strengths & Risks
- Experienced Promoters supported by senior management team.
- Establishes Track Record and long-standing relationships in the industry.
- Differentiated and Robust Business Model.
- Increase our production capacity.
- Diversify the portfolio.
- Launch new businesses.
- Embrace new age media.
- The company's success is primarily dependent on audience acceptance of its film, web series and TV serials, which is extremely difficult to predict and therefore inherently risky.
- The company is dependent on the Indian box office success of its films from which a significant portion of the company's revenue is derived and its ability to exploit and monetize the company's project is limited to the rights that its retain or own.
- The company's Promoters and members of the Promoter Group will continue jointly to retain majority control over the Company after the Offer, which will allow them to determine the outcome of matters submitted to shareholders for approval.
- The company derives the majority of its revenue from the company's top 5 customers i.e., the Studios and independent distributors. Any loss of these customers or loss of revenue from any of these customers could have a material adverse effect on its business, financial condition, results of operations and cash flow.
- Some viewers or civil society organisations may find the company's film content objectionable.
- The company has in past entered into related party transactions and its may continue to do so in the future.