---
title: "Digikore Studios Ltd (DIGIKORE) — Share Price, Financials & Analysis"
symbol: "DIGIKORE"
company: "Digikore Studios Ltd"
canonical: "https://tapetide.com/stocks/DIGIKORE"
isin: "INE0QJ901011"
nse_symbol: "DIGIKORE"
sector: "Media"
industry: "Media & Entertainment"
market_cap_cr: 48.76
generated_at: "2026-09-13T21:13:55.857Z"
---

# Digikore Studios Ltd (DIGIKORE)

Canonical page: https://tapetide.com/stocks/DIGIKORE

## Company

- **NSE Symbol:** DIGIKORE
- **ISIN:** INE0QJ901011
- **Sector:** Media
- **Industry:** Media & Entertainment
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2023-10-04
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** digikore.com

## About

Incorporated in 2000, Digikore Studios
 Ltd provides Visual effect services and 
digital shows[1]

## Latest Price

- **Price:** ₹38.05
- **Change:** -0.1 (-0.26%)
- **Open:** ₹37.75
- **Day High:** ₹38.55
- **Day Low:** ₹37.75
- **Previous Close:** ₹38.15
- **Volume:** 6800
- **As Of:** 2026-09-11T10:01:42+00:00

## Key Fundamentals

Observed at 2026-09-11T04:38:06.945644Z.

- **Market Cap:** ₹48.76 Cr
- **Classification:** SME
- **P/E (reported):** 3.8
- **Book Value:** ₹37.65
- **Price to Book:** 1.01
- **Dividend Yield:** 0%
- **ROE:** -20.72%
- **ROCE:** -17.1%
- **Debt to Equity:** 1.15
- **Revenue (yearly):** ₹66.02 Cr
- **Net Income:** ₹15.36 Cr
- **EBITDA:** ₹21.82 Cr
- **52-Week High:** ₹190.6
- **52-Week Low:** ₹30.25
- **RSI (14):** 44.79

## Tapetide Score

- **Score:** 48 / 100
- **Score date:** 2026-09-04
- **Archetype:** Weak and Under Pressure
- **What it means:** Weak financials are the defining feature, and neither the valuation nor the trend reading is strong enough to offset them. Worth reading the risk flags and recent filings closely before anything else.
- **Pillar profile:** Quality: Weak · Valuation: Fair · Momentum: Falling
- **Percentile:** 39.4 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 52.7 | 9% |
| growth | 98.45 | 9% |
| momentum | 5.05 | 12% |
| ownership | 42.78 | 24% |
| quality | 44.78 | 22% |
| valuation | 57.54 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 1.01 times its book value

### Weaknesses

- Promoter holding has decreased over last quarter: -8.30%
- Promoters have pledged 86.5% of their holding.
- Company has high debtors of 370 days.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -32.13% | — | — |
| ebitda margin growth | -68.63% | -409.14% | -0.29% | 224.45% |
| net income growth | -97.14% | -313.33% | 48% | — |
| revenue growth | -16.28% | 78.43% | 23% | 21.53% |
| roce | -86.56% | -161.69% | -121.26% | 37.23% |
| roe | -96.6% | -191.24% | 22.62% | -131.46% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 25 | 22 | 23 | 13 | 34 | 32 |
| Expenses | 15 | 19 | 17 | 24 | 24 | 21 |
| Operating Profit | 9 | 4 | 6 | -10 | 11 | 11 |
| OPM % | 38 | 16 | 26 | -78 | 32 | 35 |
| Other Income | 0 | 2 | 0 | 1 | 2 | 3 |
| Interest | 1 | 1 | 1 | 2 | 3 | 4 |
| Depreciation | 0 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | 8 | 5 | 4 | -13 | 8 | 8 |
| Tax % | 24 | 27 | 26 | -25 | 21 | 15 |
| Net Profit | 6 | 3 | 3 | -10 | 6 | 7 |
| EPS in Rs | 4.91 | 2.59 | 2.22 | -7.9 | 4.81 | 5.16 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Sales | 25 | 36 | 47 | 36 | 66 |
| Expenses | 23 | 30 | 34 | 41 | 44 |
| Operating Profit | 2 | 6 | 13 | -5 | 22 |
| OPM % | 9 | 16 | 28 | -13 | 33 |
| Other Income | 0 | 1 | 2 | 1 | 5 |
| Interest | 0 | 1 | 1 | 3 | 7 |
| Depreciation | 1 | 1 | 1 | 3 | 5 |
| Profit before tax | 1 | 5 | 13 | -10 | 15 |
| Tax % | 56 | 26 | 25 | -25 | 18 |
| Net Profit | 0 | 4 | 10 | -7 | 13 |
| EPS in Rs | — | — | 7.5 | -5.67 | 9.98 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Equity Capital | 1 | 1 | 6 | 6 | 13 |
| Reserves | 0 | 5 | 36 | 28 | 35 |
| Borrowings | 3 | 6 | 9 | 40 | 55 |
| Other Liabilities | 3 | 8 | 7 | 10 | 13 |
| Total Liabilities | 8 | 20 | 58 | 84 | 116 |
| Fixed Assets | 4 | 4 | 9 | 20 | 13 |
| CWIP | 0 | 2 | 6 | 0 | 0 |
| Investments | 0 | 0 | 1 | 0 | 4 |
| Other Assets | 4 | 14 | 41 | 64 | 99 |
| Total Assets | 8 | 20 | 58 | 84 | 116 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 4 | 1 | -17 | -22 | -8 |
| Cash from Investing Activity | -2 | -3 | -11 | -7 | -2 |
| Cash from Financing Activity | -2 | 2 | 29 | 28 | 9 |
| Net Cash Flow | 0 | 0 | 1 | 0 | 0 |
| Free Cash Flow | 2 | -2 | -24 | -30 | -10 |
| CFO/OP | 177 | 23 | -128 | 472 | -36 |

### Ratios

| Item | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- |
| Debtor Days | 20 | 61 | 190 | 401 | 370 |
| Cash Conversion Cycle | 20 | 61 | 190 | 401 | 370 |
| Working Capital Days | -47 | -18 | 250 | 169 | 192 |
| ROCE % | — | 70 | 44 | -11 | 25 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 93.38% | 66.55% | 66.55% | 66.62% | 66.75% | 58.46% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 1.3% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 22.99% | 23.11% | 22.55% | 23.37% | 27.34% |
| Others | 6.62% | 10.46% | 10.34% | 10.83% | 9.88% | 12.89% |
| No. of Shareholders | 15 | 867 | 2000 | 2070 | 1895 | 1904 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Sell
- **Buy / Neutral / Sell:** 3 / 7 / 9

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 39.18 | Sell |
| EMA (10) | 38.71 | Sell |
| SMA (20) | 37.98 | Buy |
| EMA (20) | 39.07 | Sell |
| SMA (50) | 42.94 | Sell |
| EMA (50) | 42.98 | Sell |
| SMA (100) | 51.64 | Sell |
| EMA (100) | 50.01 | Sell |
| SMA (200) | 62.86 | Sell |
| EMA (200) | 60.12 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 44.52 | Neutral |
| MACD (12,26,9) | -0.91 | Buy |
| Stochastic (14,3,3) | 64.05 | Neutral |
| ADX (14) | 19.77 | Neutral |
| Williams %R (14) | -38.82 | Neutral |
| ATR (14) | 3.63 | High Volatility |
| ROC (12) | 0.4 | Buy |
| Stoch RSI (14) | 55.14 | Neutral |
| UO (7,14,28) | 50.97 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Sep - Newspaper publication announces 26th AGM notice, annual report, and e-voting dispatch. | [Copy of Newspaper Publication 9 Sep - Newspaper publication announces 26th AGM notice, annual report, and e-voting dispatch.](https://nsearchives.nseindia.com/corporate/DIGIKORE_09092026134903_DIGIKORE_PUBLICNOTICEOFEVOTING_09092026_Signed.pdf) |
| 9 April 2026 - EGM scheduled for 1 May 2026; e-voting from 28-30 April 2026. | [Shareholders meeting 9 April 2026 - EGM scheduled for 1 May 2026; e-voting from 28-30 April 2026.](https://nsearchives.nseindia.com/corporate/DIGIKORE_09042026164536_DIGIKORE_INTIMATION_NOTICEOFEGM_08_04_2026_final_signed.pdf) |
| 9 April 2026 - Digikore Studios issued EGM notice for 1 May 2026 with e-voting details. | [Shareholders meeting 9 April 2026 - Digikore Studios issued EGM notice for 1 May 2026 with e-voting details.](https://nsearchives.nseindia.com/corporate/DIGIKORE_09042026155654_DIGIKORE_INTIMATION_NOTICEOFEGM_08_04_2026_Signed.pdf) |
| 8 Sep - 26th AGM on 30 Sep 2026 to approve ₹9 crore promoter loan conversion into 17.6 lakh shares. | [Shareholders meeting 8 Sep - 26th AGM on 30 Sep 2026 to approve ₹9 crore promoter loan conversion into 17.6 lakh shares.](https://nsearchives.nseindia.com/corporate/DIGIKORE_08092026230414_DIGIKORE_NOTICEOFAGM_08092026_Signed.pdf) |
| 8 April 2026 - Board approved ₹11 crore promoter preferential issue, authorized capital increase to ₹17 crore, and EGM on May 1, 2026. | [Outcome of Board Meeting 8 April 2026 - Board approved ₹11 crore promoter preferential issue, authorized capital increase to ₹17 crore, and EGM on May 1, 2026.](https://nsearchives.nseindia.com/corporate/DIGIKORE_08042026192542_DIGIKORE_OUTCOME_08042026__1_.pdf) |
| 8 April 2026 - Board approved ₹11 crore preferential issue to promoter, increased authorized capital to ₹17 crore, and called EGM on May 1, 2026. | [Preferential issue 8 April 2026 - Board approved ₹11 crore preferential issue to promoter, increased authorized capital to ₹17 crore, and called EGM on May 1, 2026.](https://nsearchives.nseindia.com/corporate/DIGIKORE_08042026193058_DIGIKORE_OUTCOME_08042026__1_.pdf) |
| 7 Sep - Board approved up to ₹9 crore preferential issue, raised authorised capital to ₹18 crore, AGM on Sept 30, 2026. | [Outcome of Board Meeting 7 Sep - Board approved up to ₹9 crore preferential issue, raised authorised capital to ₹18 crore, AGM on Sept 30, 2026.](https://nsearchives.nseindia.com/corporate/DIGIKORE_07092026135955_DIGIKORE_OUTCOME_Signed.pdf) |
| 7 Sep - Board approved 9 crore preferential issue to promoter, raised authorized capital to 18 crore, AGM on September 30, 2026. | [Outcome of Board Meeting 7 Sep - Board approved 9 crore preferential issue to promoter, raised authorized capital to 18 crore, AGM on September 30, 2026.](https://nsearchives.nseindia.com/corporate/DIGIKORE_07092026141522_DIGIKORE_OUTCOME_Signed.pdf) |
| 7 Sep - Board approved ₹9 crore preferential issue to promoters, increased authorised capital to ₹18 crore, and noted secretarial auditor resignation. | [Preferential issue 7 Sep - Board approved ₹9 crore preferential issue to promoters, increased authorised capital to ₹18 crore, and noted secretarial auditor resignation.](https://nsearchives.nseindia.com/corporate/DIGIKORE_07092026145323_DIGIKORE_OUTCOME_Signed.pdf) |
| 7 May 2026 - Digikore Studios schedules H2 FY26 earnings call on May 13, 2026, for audited results. | [Analysts/Institutional Investor Meet/Con. Call Updates 7 May 2026 - Digikore Studios schedules H2 FY26 earnings call on May 13, 2026, for audited results.](https://nsearchives.nseindia.com/corporate/DIGIKORE_07052026193322_DIGIKORE_H2Covering_Letter_and_Earnings_call_Signed.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2025 | [Concall - Sep 2025](https://nsearchives.nseindia.com/corporate/DIGIKORE_24092025120217_DIGIKORE_INVESTORPRESENTATION_24092025.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/DIGIKORE_07112025111105_Digikore_H1FY26_Transcript.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://nsearchives.nseindia.com/corporate/DIGIKORE_22112024194710_Digikore_H1FY25_ConcallTranscript_Signed.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://nsearchives.nseindia.com/corporate/DIGIKORE_25112023115858_TranscriptofAnalystsInvestorsEarningsConfCallHalf.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/DIGIKORE_09062025174622_DIGIKORE_TranscriptofConCall_H2FY25.pdf) |
| Jun 2024 | [Concall - Jun 2024](https://nsearchives.nseindia.com/corporate/DIGIKORE_24052024182549_DIGIKORE_TRANSCRIPT_SIGNED.pdf) |
| Jan 2024 | [Concall - Jan 2024](https://nsearchives.nseindia.com/corporate/DIGIKORE_08012024113033_DIGIKORE_IntimationUnderRegulation30InvestorPresentation.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28907_DIGIKORE_2024_2025_A_6925804_08092025163825.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_26339_DIGIKORE_2023_2024_18102024164516.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T21:13:55.857Z.