---
title: "Shree Ashtavinayak Cine Vision Ltd (SHREEASHTA) — Share Price, Financials & Analysis"
symbol: "SHREEASHTA"
company: "Shree Ashtavinayak Cine Vision Ltd"
canonical: "https://tapetide.com/stocks/SHREEASHTA"
generated_at: "2026-10-13T10:58:23.888Z"
---

# Shree Ashtavinayak Cine Vision Ltd (SHREEASHTA)

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

## Company

- **Stock Type:** EQUITY
- **Listed Since:** 2007-01-10
- **Face Value:** ₹1
- **F&O Eligible:** No

## About

Shree Ashtavinayak Cine Vision Limited is an integrated company with involvement in all segments of the film industry. The Company is engaged in production, distribution and exhibition. The Company has produced 12 films. The Company produces films, which include genres, such as comedy, romance, thrillers and family entertainers in cities as well as in towns and villages.

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Stock is trading at 0.12 times its book value
- Debtor days have improved from 68.8 to 37.8 days.

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -0.88% over last 3 years.
- Company might be capitalizing the interest cost

## Growth Rates

| Metric | 1Y | 5Y |
| --- | --- | --- |
| net income growth | -264% | — |
| revenue growth | -11% | -4% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2013 | Jun 2013 | Sep 2013 | Dec 2013 |
| --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0 | 0 |
| Expenses | 9.74 | 0.44 | 6.19 | 0.67 |
| Operating Profit | -9.74 | -0.44 | -6.19 | -0.67 |
| Other Income | -27.38 | 50.87 | -50.87 | 0 |
| Interest | 6.19 | 3.49 | 3.86 | 3.54 |
| Depreciation | 0.2 | 0.16 | 0.16 | 0.16 |
| Profit before tax | -43.51 | 46.78 | -61.08 | -4.37 |
| Tax % | -43.46 | 38.31 | -29.29 | -2.06 |
| Net Profit | -24.6 | 28.86 | -43.19 | -4.27 |
| EPS in Rs | -0.27 | 0.31 | -0.47 | -0.05 |

### Profit & Loss

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Sep 2010 18m | Mar 2011 6m | Mar 2012 | Mar 2013 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 60 | 96 | 94 | 131 | 337 | 82 | 85 | 76 | 0 |
| Expenses | 15 | 17 | 73 | 16 | 62 | 63 | 76 | 62 | 17 |
| Operating Profit | 46 | 79 | 20 | 114 | 275 | 19 | 9 | 14 | -17 |
| OPM % | 76 | 82 | 22 | 87 | 82 | 23 | 11 | 19 | — |
| Other Income | 0 | 2 | 4 | 16 | 25 | 17 | 90 | 35 | -27 |
| Interest | 0 | 1 | 3 | 9 | 34 | 8 | 27 | -17 | 17 |
| Depreciation | 33 | 58 | 0 | 100 | 212 | 41 | 63 | 71 | 1 |
| Profit before tax | 12 | 21 | 21 | 20 | 54 | -13 | 8 | -5 | -62 |
| Tax % | 37 | 34 | 35 | 36 | 33 | -35 | 0 | 188 | — |
| Net Profit | 7 | 14 | 14 | 13 | 36 | -9 | 8 | -13 | -43 |
| EPS in Rs | — | 0.28 | 0.27 | 0.25 | 0.44 | -0.11 | 0.09 | -0.14 | -0.48 |
| Dividend Payout % | 0 | 8 | 9 | 10 | 5 | 0 | 0 | 0 | — |

### Balance Sheet

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Sep 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 6 | 10 | 10 | 10 | 82 | 82 | 82 | 92 |
| Reserves | 19 | 81 | 85 | 109 | 424 | 412 | 414 | 498 |
| Borrowings | 12 | 17 | 200 | 340 | 315 | 312 | 284 | 182 |
| Other Liabilities | 22 | 26 | 82 | 78 | 138 | 124 | 195 | 146 |
| Total Liabilities | 59 | 135 | 376 | 538 | 959 | 931 | 976 | 918 |
| Fixed Assets | 4 | 9 | 11 | 20 | 20 | 19 | 17 | 15 |
| CWIP | 19 | 30 | 169 | 310 | 435 | 133 | 62 | 26 |
| Investments | 0 | 35 | 1 | 1 | 1 | 1 | 2 | 2 |
| Other Assets | 36 | 61 | 195 | 207 | 503 | 777 | 895 | 876 |
| Total Assets | 59 | 135 | 376 | 538 | 959 | 931 | 976 | 918 |

### Cash Flow

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

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Sep 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 71 | 60 | 74 | 103 | 235 | 45 | -24 | -34 |
| Cash from Investing Activity | -74 | -82 | -182 | -321 | -523 | -61 | 1 | 37 |
| Cash from Financing Activity | 9 | 58 | 170 | 119 | 315 | -12 | 18 | -4 |
| Net Cash Flow | 6 | 37 | 62 | -99 | 27 | -28 | -5 | -1 |
| Free Cash Flow | 18 | -14 | -75 | -102 | 110 | 9 | 13 | 4 |
| CFO/OP | 163 | 80 | 396 | 94 | 89 | 251 | -198 | -225 |

### Ratios

| Item | Mar 2006 | Mar 2007 | Mar 2008 | Mar 2009 | Sep 2010 | Mar 2011 | Mar 2012 | Mar 2013 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 36 | 81 | 73 | 54 | 15 | 61 | 107 | 38 |
| Cash Conversion Cycle | 36 | 81 | 73 | 54 | 15 | 61 | 107 | 38 |
| Working Capital Days | 47 | 104 | 34 | 343 | 359 | -420 | -672 | -623 |
| ROCE % | — | 30 | 12 | 8 | 14 | — | 4 | -3 |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| 2013 | [Annual Report 2013](https://www.bseindia.com/bseplus/AnnualReport//5327930313.pdf) |
| 2012 | [Annual Report 2012](https://archives.nseindia.com/annual_reports/AR_2734_SHREEASHTA_2011_2012_22102013155330.zip) |
| 2011 | [Annual Report 2011](https://www.bseindia.com/bseplus/AnnualReport//5327930311.pdf) |
| 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport//5327930910.pdf) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2013-12-17 | Credit rating update — CRISIL |

---

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 2026-10-13T10:58:23.888Z.