---
title: "Sunshine Pictures (SUNSHINE) Share Price, Financials & Research"
symbol: "SUNSHINE"
company: "Sunshine Pictures Ltd"
canonical: "https://tapetide.com/stocks/SUNSHINE"
isin: "INE1B3O01011"
nse_symbol: "SUNSHINE"
bse_code: "544881"
sector: "Consumer Discretionary"
industry: "Entertainment"
generated_at: "2026-11-03T13:52:32.199Z"
---

# Sunshine Pictures (SUNSHINE)

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

## Key Facts

- **Price:** ₹390.45 as of 3 Nov 2026, 15:50 IST
- **P/E (TTM):** 26.38 as of 3 Nov 2026
- **Revenue, Jun 2026 quarter:** ₹6.48 Cr, against ₹0.04 Cr in Jun 2025
- **Net profit, Jun 2026 quarter:** ₹0.25 Cr, against -₹1.08 Cr in Jun 2025
- **Promoter holding:** 74.84% in Sep 2026, a change of -25.16 percentage points from Dec 2024

## Company

- **NSE symbol:** SUNSHINE
- **BSE code:** 544881
- **ISIN:** INE1B3O01011
- **Macro sector:** Consumer Discretionary
- **Sector:** Consumer Discretionary
- **Industry:** Entertainment
- **Basic industry:** Film Production, Distribution & Exhibition
- **In the F&O segment:** No

## Latest Price

- **Price:** ₹390.45
- **Change:** -5.00 (-1.26%)
- **Open:** ₹400.00
- **Day High:** ₹406.00
- **Day Low:** ₹387.55
- **Previous Close:** ₹395.45
- **Volume:** 2,02,043
- **As of:** 3 Nov 2026, 15:50 IST

## Key Fundamentals

Price-based figures as of 3 Nov 2026, 15:50 IST · TTM.

- **ROCE:** 41.00%
- **Debt to Equity:** 0.06
- **EPS (TTM):** ₹14.80
- **Book Value:** ₹102.07
- **P/E (TTM):** 26.38
- **P/B:** 3.83
- **ROE:** 31.70%
- **Dividend Yield:** 0.00%
- **EBITDA:** ₹50.70 Cr
- **52W High:** ₹524.95
- **52W Low:** ₹326.25

## Peer Comparison

Classification: Consumer Discretionary › Entertainment › Film Production, Distribution & Exhibition

| Company | Price | P/E | Market Cap | P/B | Div Yield | ROE | ROCE | Sales TTM | Net Profit TTM |
| --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| [PVR Inox Ltd (PVRINOX)](https://tapetide.com/stocks/PVRINOX) | ₹1,524.00 | 33.66 | ₹14,879 Cr | 2.02 | 0.00% | 4.92% | 6.79% | ₹6,842 Cr | ₹443 Cr |
| [JOJO Ltd (MADHUVEER)](https://tapetide.com/stocks/531910) | — | 231.40 | ₹1,600 Cr | 23.05 | 0.04% | 11.30% | 16.80% | ₹27 Cr | ₹7 Cr |
| [Sunshine Pictures Ltd (SUNSHINE)](https://tapetide.com/stocks/SUNSHINE) (this company) | ₹390.45 | 26.38 | ₹1,249 Cr | 3.83 | 0.00% | 31.70% | 41.00% | ₹77 Cr | ₹39 Cr |
| [Connplex Cinemas Ltd (CONNPLEX)](https://tapetide.com/stocks/CONNPLEX) | ₹230.50 | 1.20 | ₹456 Cr | 3.28 | 0.00% | 32.60% | 43.60% | ₹42 Cr | ₹10 Cr |
| [Vashu Bhagnani Industries Ltd (POOJAENT)](https://tapetide.com/stocks/532011) | ₹68.47 | — | ₹401 Cr | 2.96 | 0.00% | 2.24% | 2.54% | ₹15 Cr | ₹3 Cr |
| Median of 5 companies | ₹310.48 | 30.02 | ₹1,249 Cr | 3.28 | 0.00% | 11.30% | 16.80% | ₹42 Cr | ₹10 Cr |

Comparable companies in the same industry. Market cap, P/E and P/B use the latest price; other metrics are as reported in filings. A dash means the figure is not published for that company. 2 companies are not shown because they are not listed on an exchange we cover.

## Key Insights

### Strengths

- Company is almost debt free.
- Company has delivered good profit growth of 77.9% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 48.8%

### Weaknesses

- Company has high debtors of 326 days.
- Working capital days have increased from 251 days to 584 days

## Technical Indicators

As of 3 Nov 2026.

| Group | Signal | Bearish | Neutral | Bullish |
| --- | --- | ---: | ---: | ---: |
| Overall | Bearish | 6 | 9 | 4 |
| Oscillators | Bullish | 2 | 3 | 4 |
| Moving Averages | Bearish | 4 | 6 | 0 |

### Oscillators: Bullish

| Name | Value | Signal |
| --- | ---: | --- |
| RSI (14) | 42.69 | Neutral |
| MACD (12,26,9) | -12.46 | Bearish |
| Stochastic (14,3,3) | 15.09 | Bullish |
| ADX (14) | 14.20 | Neutral |
| Williams %R (14) | -83.84 | Bullish |
| ATR (14) | 24.92 | Neutral |
| ROC (12) | -13.85 | Bearish |
| Stoch RSI (14) | 17.71 | Bullish |
| UO (7,14,28) | 29.24 | Bullish |

### Moving Averages: Bearish

| Name | Value | Signal |
| --- | ---: | --- |
| SMA (10) | 393.54 | Bearish |
| EMA (10) | 399.23 | Bearish |
| SMA (20) | 419.72 | Bearish |
| EMA (20) | 411.14 | Bearish |
| SMA (50) | — | Neutral |
| EMA (50) | — | Neutral |
| SMA (100) | — | Neutral |
| EMA (100) | — | Neutral |
| SMA (200) | — | Neutral |
| EMA (200) | — | Neutral |

### Pivot Points

| Level | Classic | Fibonacci | Camarilla |
| --- | ---: | ---: | ---: |
| R3 | 420.24 | 413.12 | 395.52 |
| R2 | 413.12 | 406.07 | 393.83 |
| R1 | 401.79 | 401.72 | 392.14 |
| PP | 394.67 | 394.67 | 394.67 |
| S1 | 383.34 | 387.62 | 388.76 |
| S2 | 376.22 | 383.27 | 387.07 |
| S3 | 364.89 | 376.22 | 385.38 |

## Growth Rate

Growth computed from the financial statements below. A window with no rate gives the reason instead of a figure.

| Metric | Window | Growth | What it compares |
| --- | --- | ---: | --- |
| Revenue | 5Y | 71.42% | compounded annual rate, Mar 2021 to Mar 2026 |
| Revenue | 3Y | 39.94% | compounded annual rate, Mar 2023 to Mar 2026 |
| Revenue | 1Y | -28.16% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Net profit | 5Y | Turned to profit | compounded annual rate, Mar 2021 to Mar 2026: -₹2.00 Cr to ₹40.00 Cr. A loss at the start and a profit at the end. A growth rate off a loss has no meaning. |
| Net profit | 3Y | 171% | compounded annual rate, Mar 2023 to Mar 2026 |
| Net profit | 1Y | 14.29% | fiscal year to Mar 2026 vs the year to Mar 2025 |
| Operating cash flow | 5Y | Turned negative | compounded annual rate, Mar 2021 to Mar 2026: ₹27.00 Cr to -₹33.00 Cr. A cash inflow at the start and an outflow at the end. |
| Operating cash flow | 3Y | Outflow widened | compounded annual rate, Mar 2023 to Mar 2026: -₹5.00 Cr to -₹33.00 Cr. A cash outflow at both ends, larger at the end. |
| Operating cash flow | 1Y | Turned negative | fiscal year to Mar 2026 vs the year to Mar 2025: ₹41.00 Cr to -₹33.00 Cr. A cash inflow at the start and an outflow at the end. |
| Operating margin | 5Y | +97.03 pp | compounded annual rate, Mar 2021 to Mar 2026 |
| Operating margin | 3Y | +62.22 pp | compounded annual rate, Mar 2023 to Mar 2026 |
| Operating margin | 1Y | +29.46 pp | fiscal year to Mar 2026 vs the year to Mar 2025 |

Trailing twelve months: Results are not reported for each of the last eight quarters, so there is no trailing-twelve-month figure.

## Financial Statements

### Quarterly Results

Figures in ₹ crore unless the row name gives another unit.

| Item | Jun 2025 | Mar 2026 | Jun 2026 |
| --- | ---: | ---: | ---: |
| Sales | 0.04 | 69.38 | 6.48 |
| Expenses | 0.7 | 14.78 | 5.54 |
| Operating Profit | -0.66 | 54.6 | 0.94 |
| OPM % | n/m | 78.7% | 14.51% |
| Other Income | 0.77 | 0.18 | 0.09 |
| Interest | 0.4 | 0.73 | 0.17 |
| Depreciation | 0.67 | 0.68 | 0.52 |
| Profit before tax | -0.96 | 53.37 | 0.34 |
| Tax % | 13.54% | 25.59% | 26.47% |
| Net Profit | -1.08 | 39.71 | 0.25 |
| EPS in Rs | -0.41 | 15.07 | 0.09 |

n/m: Not meaningful for this period: the ratio divides by a base close to zero, so it is left blank rather than shown as a very large number.

### Profit & Loss

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Sales | 5 | 87 | 27 | 134 | 103 | 74 |
| Expenses | 6 | 72 | 22 | 66 | 54 | 17 |
| Operating Profit | -1 | 15 | 4 | 67 | 49 | 57 |
| OPM % | -32% | 18% | 15% | 50% | 47% | 77% |
| Other Income | 1 | 0 | 0 | 6 | 2 | 2 |
| Interest | 0 | 0 | 0 | 1 | 2 | 2 |
| Depreciation | 0 | 0 | 1 | 2 | 3 | 3 |
| Profit before tax | -1 | 15 | 3 | 70 | 47 | 54 |
| Tax % | 138% | 27% | 26% | 25% | 25% | 26% |
| Net Profit | -2 | 11 | 2 | 52 | 35 | 40 |
| EPS in Rs | n/m | n/m | n/m | n/m | 13.31 | 15.19 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% |

n/m: Not comparable with later periods: it is stated on a share count about a hundred times or more different, so it is left blank.

### Balance Sheet

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Equity Capital | 0.14 | 0.14 | 0.14 | 0.12 | 26 | 26 |
| Reserves | 14 | 25 | 27 | 70 | 78 | 119 |
| Borrowings | 0 | 0 | 6 | 17 | 11 | 9 |
| Other Liabilities | 56 | 2 | 5 | 10 | 15 | 25 |
| Total Liabilities | 70 | 27 | 39 | 96 | 131 | 180 |
| Fixed Assets | 0 | 10 | 10 | 12 | 13 | 11 |
| CWIP | 0 | 2 | 6 | 13 | 0 | 0 |
| Investments | 6 | 2 | 2 | 20 | 26 | 0 |
| Other Assets | 64 | 13 | 21 | 51 | 92 | 169 |
| Total Assets | 70 | 27 | 39 | 96 | 131 | 180 |

### Cash Flow

Figures in ₹ crore unless the row name gives another unit.

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Cash from Operating Activity | 27 | -5 | -5 | 32 | 41 | -33 |
| Cash from Investing Activity | -6 | -8 | -4 | -30 | -24 | 26 |
| Cash from Financing Activity | -6 | 0 | 6 | -1 | -7 | -4 |
| Net Cash Flow | 15 | -13 | -3 | 1 | 10 | -11 |
| Free Cash Flow | 26 | -17 | -10 | 20 | 23 | -34 |
| CFO/OP | -1,895 | -7 | -109 | 72 | 102 | -43 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | ---: | ---: | ---: | ---: | ---: | ---: |
| Debtor Days | 143 | 3 | 0 | 22 | 100 | 326 |
| Inventory Days | — | 52 | 317 | 143 | 172 | — |
| Days Payable | — | 17 | 84 | 43 | 35 | — |
| Cash Conversion Cycle | 143 | 38 | 233 | 122 | 238 | 326 |
| Working Capital Days | -819 | 27 | 107 | 35 | 133 | 584 |
| ROCE % | — | 77% | 10% | 118% | 48% | 41% |

## Shareholding Pattern

### Quarterly Shareholding

Holdings in % of shares; shareholders as a count.

| Holder | Dec 2024 | Sep 2026 |
| --- | ---: | ---: |
| Promoters | 100.00% | 74.84% |
| FIIs | 0.00% | 2.31% |
| DIIs | 0.00% | 2.21% |
| Government | 0.00% | 0.00% |
| Public | 0.00% | 7.54% |
| Others | 0.00% | 13.10% |
| No. of Shareholders | 8 | 13,766 |

## Documents

### Exchange filings

| Date | Document | Category |
| --- | --- | --- |
| 9 Oct 2026 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c0769cc7-adf4-497a-9648-6eb73288689e.pdf) | General announcements |
| 28 Sep 2026 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f1d334a5-8758-44cf-a2f4-bf08eeb49a48.pdf) | Intimation |
| 17 Sep 2026 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d812e79d-e32b-4bce-8eb7-ef540bd4e345.pdf) | General announcements |
| 16 Sep 2026 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e6bc4e29-06b8-46d0-b941-cca3be962476.pdf) | General announcements |
| 15 Sep 2026 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On 15Th September 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=22af9454-54ba-459f-81a3-a30c839c9fd4.pdf) | Outcome |
| 9 Sep 2026 | [Board Meeting Intimation for Intimation Of Board Meeting To Be Held On Tuesday September 15 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=039a2b40-4582-44b7-9332-2b59e8a2f300.pdf) | Intimation |
| 25 Aug 2026 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b661529a-2740-4340-b1a2-85f987ee5ee6.pdf) | Intimation |

## Frequently Asked Questions about Sunshine Pictures

### What does Sunshine Pictures Ltd do?

Incorporated in 2007, Sunshine Pictures Limited is a production company engaged in the business of originating, creating, developing, producing, marketing, and distributing films, TV serials, and web series.

### Where is Sunshine Pictures Ltd (SUNSHINE) listed?

Sunshine Pictures Ltd trades as SUNSHINE on the NSE and under code 544881 on the BSE.

### Which sector does Sunshine Pictures Ltd belong to?

Sunshine Pictures Ltd is classified under the Consumer Discretionary sector, in the Entertainment industry.

### What is the PE ratio of Sunshine Pictures Ltd?

Sunshine Pictures Ltd trades at a PE ratio of 26.38 as of 3 Nov 2026, on earnings per share of ₹14.8, against a book value of ₹102.07 per share.

### What is the 52-week high and low of Sunshine Pictures Ltd?

Over the last 52 weeks Sunshine Pictures Ltd has traded between ₹326.25 and ₹524.95 as of 3 Nov 2026.

### What is the Return on Equity (ROE) of Sunshine Pictures Ltd?

Sunshine Pictures Ltd reported a return on equity of 31.70%. Its debt-to-equity ratio is 0.06.

## Company Information

Incorporated in 2007, Sunshine Pictures Limited is a production company engaged in the business of originating, creating, developing, producing, marketing, and distributing films, TV serials, and web series.

- **Website:** https://sunshinepictures.in/
- **Listed:** 25 Aug 2026
- **Face Value:** ₹10

---

Negative figures use an ASCII hyphen-minus (-) so they parse as numbers. Amounts are in Indian rupees; "Cr" is crore (10 million). Dates are Indian Standard Time.

Financial statements, shareholding and filings are as reported by the company. Price, volume and 52-week levels are market data. Technical indicators are computed by Tapetide from daily prices. The Tapetide Score is Tapetide’s own analysis. Analyst ratings and forecasts are the published estimates of third-party analysts, not company statements. The AI sections are generated text.

For research and information only, not investment advice. Tapetide is not a SEBI-registered research analyst or investment adviser.

Generated 3 Nov 2026, 19:22 IST.