Identical Brains Studios
Identical Brains Studios (IDENTICAL) share price was ₹16.60 at the 28 Oct 2026 close; market capitalisation ₹23.28 Cr; sector Media. The share price fell 56.3% over the year to 28 Oct 2026 (adjusted for splits and bonuses). In the Mar 2026 quarter, revenue fell 31.8% year on year to ₹9.61 Cr and net profit fell 86.5% year on year to ₹0.21 Cr (compared with Mar 2025). Promoters held 63.74% of Identical Brains Studios in Sep 2026, unchanged from Mar 2026. Its Tapetide Score is 49/100 (Average) as of 28 Oct 2026.
Key Fundamentals
SMEEntertainmentMedia Entertainment & PublicationPrice-based figures as of 28 Oct 2026, 14:08 IST · TTM
Peer Comparison
Consumer Discretionary › Media › Media & Entertainment
| ₹293.85 | 197.21 | 22,884 Cr | 10.96 | 0.00% | 11.84% | 24.91% | 4,844 Cr | 145 Cr | |
| ₹533.40 | 46.34 | 10,284 Cr | 6.50 | 0.88% | 12.16% | 15.98% | 1,074 Cr | 221 Cr | |
| ₹793.90 | 47.28 | 10,196 Cr | 31.13 | 0.88% | 83.38% | 110.18% | 444 Cr | 215 Cr | |
| ₹24.26 | — | 3,741 Cr | 0.76 | 0.00% | 3.11% | 6.85% | 2,462 Cr | -32 Cr | |
| ₹86.61 | — | 1,056 Cr | 1.69 | 0.24% | -7.99% | -9.93% | 389 Cr | -22 Cr | |
| ₹175.00 | 9.80 | 442 Cr | 1.32 | 0.00% | 14.71% | 18.76% | 430 Cr | 45 Cr | |
| ₹81.53 | — | 389 Cr | 0.51 | 2.34% | -0.97% | -1.83% | 587 Cr | -8 Cr | |
| ₹16.60 | — | 23 Cr | 0.65 | 0.00% | 4.45% | 5.29% | — | — | |
| Median 8 companies | ₹130.81 | 46.81 | 2,398 Cr | 1.51 | 0.12% | 8.15% | 11.42% | 587 Cr | 45 Cr |
Comparable companies in the same industry. Market cap, P/E and P/B use the live price; other metrics are as reported in filings. A dash means the figure is not published for that company.
Tapetide Score
Data-driven rating, 0–100, as of . How it works →
Data confidence 81/100
Category scores
The Tapetide Score is data analysis, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.
Key Insights
Strengths
3- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.73 times its book value
Weaknesses
4- Though the company is reporting repeated profits, it is not paying out dividend
- Tax rate seems low
- Company has high debtors of 423 days.
- Working capital days have increased from 230 days to 408 days
Technical Indicators
Oscillators
Bullish
Overall
Bearish
Moving Averages
Bearish
Growth Rate
change over 1 year
change over 1 year
change over 1 year
change over 1 year Operating margin 9.57% · Mar 2026
Quarterly Results
| Particulars | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 10.03 | 11.39 | 14.08 | 9.51 | 9.61 |
| Expenses | 7.17 | 7.16 | 11.85 | 6.93 | 8.69 |
| Operating Profit | 2.86 | 4.23 | 2.23 | 2.58 | 0.92 |
| OPM % | 28.51% | 37.14% | 15.84% | 27.13% | 9.57% |
| Other Income | 0.07 | 0.1 | 0.05 | 0.21 | 0.36 |
| Interest | 0.01 | 0.01 | 0.01 | 0.01 | 0.1 |
| Depreciation | 0.2 | 1.08 | 0.09 | 1.01 | 1.17 |
| PBT | 2.72 | 3.24 | 2.18 | 1.77 | 0.01 |
| Tax % | 27.21% | 25.93% | 28.9% | 22.6% | -2100% |
| Net Profit | 1.98 | 2.41 | 1.55 | 1.37 | 0.21 |
| EPS (₹) | 2.87 | 2.33 | 1.11 | 0.98 | 0.15 |
Profit & Loss
| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Sales | 3.89 | 8.04 | 20.09 | 25.48 | 19.12 |
| Expenses | 3.19 | 5.73 | 12.48 | 19.02 | 15.62 |
| Operating Profit | 0.7 | 2.31 | 7.61 | 6.46 | 3.5 |
| OPM % | 17.99% | 28.73% | 37.88% | 25.35% | 18.31% |
| Other Income | 0.01 | 0.04 | 0.18 | 0.15 | 0.57 |
| Interest | 0 | 0 | 0.02 | 0.02 | 0.11 |
| Depreciation | 0.02 | 0.12 | 0.4 | 1.17 | 2.18 |
| PBT | 0.69 | 2.23 | 7.37 | 5.42 | 1.78 |
| Tax % | 27.54% | 27.8% | 27.54% | 27.12% | 11.24% |
| Net Profit | 0.51 | 1.61 | 5.35 | 3.95 | 1.58 |
| EPS (₹) | 510 | 1,610 | 7.77 | 2.82 | 1.13 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 6.89 | 14.03 | 14.03 |
| Reserves | 1.26 | 2.88 | 5.15 | 20.03 | 21.54 |
| Borrowings | 0 | 0 | 0.19 | 0.15 | 0.11 |
| Other Liabilities | 1 | 1.87 | 4.8 | 4.79 | 3.53 |
| Total Liabilities | 2.27 | 4.76 | 17.03 | 39 | 39.21 |
| Fixed Assets | 0.05 | 0.36 | 2.17 | 5.28 | 4.85 |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.25 | 1.42 | 5.12 | 0.93 | 8.56 |
| Other Assets | 1.97 | 2.98 | 9.74 | 32.79 | 25.8 |
| Total Assets | 2.27 | 4.76 | 17.03 | 39 | 39.21 |
Cash Flow
| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Operating | -0.11 | 2.36 | 1.9 | -7.76 | -2.24 |
| Investing | -0.17 | -1.57 | -5.75 | 0.06 | -9.22 |
| Financing | 0 | 0 | 3.98 | 18.01 | -0.08 |
| Net Cash Flow | -0.29 | 0.79 | 0.13 | 10.31 | -11.54 |
| Free Cash Flow | -0.15 | 1.93 | -0.31 | -12.04 | -3.99 |
| CFO/OP | 11 | 129 | 52 | -96 | -51 |
Ratios
| Particulars | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Debtor Days | 48.79 | 23.15 | 111 | 240 | 423 |
| Cash Conversion Cycle | 48.79 | 23.15 | 111 | 240 | 423 |
| Working Capital Days | 9.38 | -24.97 | 56.5 | 226 | 408 |
| ROCE % | — | 107.21% | 97.75% | 23.43% | 5.41% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
Log in to view Identical Brains Studios insights
48 extracted metrics + investor summaries across FY22–FY26.
Documents
Frequently Asked Questions about Identical Brains Studios
What does Identical Brains Studios Ltd do?
Where is Identical Brains Studios Ltd (IDENTICAL) listed?
Which sector does Identical Brains Studios Ltd belong to?
What is the market capitalisation of Identical Brains Studios Ltd?
What is the 52-week high and low of Identical Brains Studios Ltd?
What is the Return on Equity (ROE) of Identical Brains Studios Ltd?
Company Information
Incorporated in 2019, Identical Brains Studios Ltd provides visual effect services, films, video production, and distribution services[1]
For AI agents and developers
Reading this as an AI agent, LLM or automated pipeline? Every page on Tapetide is also published as clean Markdown — no navigation, no scripts, just the data. Fetch https://tapetide.com/stocks/IDENTICAL.md for Identical Brains Studios Ltd: company profile, latest price, key fundamentals, the Tapetide Score, growth rates, quarterly and annual financial statements, shareholding pattern, technical indicators, analyst ratings and exchange filings.
Append .md to any Tapetide URL for the
same treatment. A full index of what we publish is at /llms.txt and /llms-full.txt. For
live, structured queries instead of documents, use our Indian stock market MCP server.