Picture Post Studios IPO Review

Picture Post Studios is a leading provider of creative and innovative post-production services, catering to a diverse range of clients from various industries. 

The Company is currently promoted by Mr. Parish Tekriwal, Chairman and Managing Director, Mr. Shailendra Ishwardas Chandgotia, Executive Director, Ms. Pooja Shailendra Chandgothia, Chief Financial Officer and Ms. Deepa Shailendra Chandgothia, Executive Director. Their Promoters manage and control the major affairs of their Business Operations with their considerable experience in their Industry.

Financially, Picture Post Studios revenue increased from ₹29.00 Lakhs in FY22 to ₹1,085.35 Lakhs in FY23 and currently increased at ₹2,212.17 Lakhs in FY24. Similarly, EBITDA also increased from ₹21.69 Lakhs in FY22 to ₹107.96 Lakhs in FY23 and currently increased at ₹520.41 in FY24. The PAT also increased from ₹21.69 Lakhs in FY22 to ₹59.97 Lakhs in FY22 and currently increased at ₹292.13 Lakhs in FY24. This indicates a steady financial performance.

For the Picture Post Studios IPO, the company is issuing shares at a pre-issue EPS of ₹1.36 and a post-issue EPS of ₹0.99. The pre-issue P/E ratio is 17.64x, while the post-issue P/E ratio is 24.24x against the industry P/E ratio of 42x. The company's ROCE for FY24 is 26.75% and ROE for FY24 is 68.03%. These metrics suggest that the IPO is fairly priced.

The Grey Market Premium (GMP) of Picture Post Studios indicates potential listing gains of 70% to 75%. Given the company's financial performance and the valuation of the IPO, we recommend Investors to Apply Picture Post Studios IPO for Listing gain purposes or Long Term Investment Purposes.