Thinking Hats Entertainment Solutions Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: THESL | Film Production, Distribution & Entertainment |

BSE Share Price
Not Listed

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Thinking Hats Entertainment Solutions stock performance -

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P/E Ratio (SA):
17.17
Market Cap:
53.1 Cr.
52-wk low:
0
52-wk high:
0

Is Thinking Hats Entertainment Solutions Ltd an attractive stock to invest in?

1. Is Thinking Hats Entertainment Solutions Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Thinking Hats Entertainment Solutions Ltd is a average quality company.

2. Is Thinking Hats Entertainment Solutions Ltd undervalued or overvalued?

The key valuation ratios of Thinking Hats Entertainment Solutions Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Thinking Hats Entertainment Solutions Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Thinking Hats Entertainment Solutions Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Thinking Hats:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Thinking Hats Entertainment Solutions Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'22Mar'23Mar'24TTM
ROCE % 12%42.5%37.3%-
Value Creation
Index
-0.12.01.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 11.622.226.627
Sales YoY Gr.-91%20.2%-
Adj EPS 0.52.63.52.5
YoY Gr.-447.9%34.2%-
BVPS (₹) 4.97.512.627.8
Adj Net
Profit
0.423.13
Cash Flow from Ops. 12.31.5-
Debt/CF from Ops. 0.31.83.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA20.2%
Adj EPS NANANA34.2%
BVPSNANANA67%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'22Mar'23Mar'24TTM
Return on
Equity %
9.942.53712.3
Op. Profit
Mgn %
-2.613.218.8NAN
Net Profit
Mgn %
3.29.111.611.6
Debt to
Equity
0.10.70.5-
Working Cap
Days
0861270
Cash Conv.
Cycle
022430

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 12.30%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Thinking Hats Entertainment Solutions Ltd.

Standalone Consolidated
TTM EPS (₹) 2.5 -
TTM Sales (₹ Cr.) 26.6 -
BVPS (₹.) 27.8 -
Reserves (₹ Cr.) 22 -
P/BV 1.53 -
PE 17.17 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 53.1
Equity (₹ Cr.) 12.5
Face Value (₹) 10
Industry PE 43

Management X-Ray of Thinking Hats:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Thinking Hats

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24
Sales11.6022.1526.63
Operating Expenses 11.9119.2221.63
Manufacturing Costs6.6615.8917.77
Material Costs3.0900
Employee Cost 1.201.822.14
Other Costs 0.961.511.72
Operating Profit -0.312.925
Operating Profit Margin (%) -2.6%13.2%18.8%
Other Income 0.850.130.07
Interest 00.210.60
Depreciation 0.060.100.17
Exceptional Items 000
Profit Before Tax 0.482.754.30
Tax 0.110.741.21
Profit After Tax 0.372.013.09
PAT Margin (%) 3.2%9.1%11.6%
Adjusted EPS (₹)0.52.63.5
Dividend Payout Ratio (%)0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 3.725.7311
Share Capital 0.760.760.88
Reserves 2.964.9710.12
Minority Interest000
Debt0.293.945.11
Long Term Debt01.010.92
Short Term Debt0.292.944.19
Trade Payables1.893.524.11
Others Liabilities 0.511.383.82
Total Liabilities 6.4114.5724.03

Fixed Assets

Gross Block1.042.292.38
Accumulated Depreciation0.520.630.80
Net Fixed Assets0.521.661.58
CWIP 000
Investments 1.626.0110.02
Inventories000
Trade Receivables3.116.069.89
Cash Equivalents 0.460.250.57
Others Assets0.690.591.98
Total Assets 6.4114.5724.03

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24
Cash Flow From Operating Activity 0.982.341.45
PBT 0.482.754.30
Adjustment 0.060.230.68
Changes in Working Capital 0.460.1-2.85
Tax Paid -0.02-0.74-0.69
Cash Flow From Investing Activity -1.51-5.62-4.08
Capex -0.11-1.25-0.09
Net Investments -1.50-4.43-3.99
Others 0.100.060
Cash Flow From Financing Activity 0.273.072.95
Net Proceeds from Shares 002.17
Net Proceeds from Borrowing 00-0.09
Interest Paid 0-0.15-0.52
Dividend Paid 000
Others 0.273.221.38
Net Cash Flow -0.26-0.210.32
PARTICULARSMar'22Mar'23Mar'24
Ratios
ROE (%)9.9942.4636.96
ROCE (%)12.0442.5137.29
Asset Turnover Ratio1.812.111.38
PAT to CFO Conversion(x)2.651.160.47
Working Capital Days
Receivable Days9876109
Inventory Days000
Payable Days22300

Thinking Hats Entertainment Solutions Ltd Stock News

Thinking Hats Entertainment Solutions Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Thinking Hats on 01-Jan-1970 05:30 is ₹0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Thinking Hats stood at ₹53.07.
The latest P/E ratio of Thinking Hats as of 01-Jan-1970 05:30 is 17.17.
The latest P/B ratio of Thinking Hats as of 01-Jan-1970 05:30 is 1.53.
The 52-week high of Thinking Hats is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Thinking Hats is ₹26.63 ( Cr.) .

About Thinking Hats Entertainment Solutions Ltd

Thinking Hats Entertainment Solutions was incorporated on February 11, 2013 as ‘Thinking Hats Entertainment Solutions Private Limited’, a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation issued by the Registrar of Companies, National Capital Territory of Delhi and Haryana. For administrative convenience, pursuant to an order passed by the Regional Director, Northern Region, New Delhi on November 29, 2019, the registered office of the Company was shifted from Delhi to the state of Maharashtra. Further, the company was converted into a public limited company pursuant to a resolution passed by its Board of Directors in their meeting held on August 18, 2023, and by the Shareholders at an Extraordinary General Meeting held on August 19, 2023 and consequently the name of the company was changed to ‘Thinking Hats Entertainment Solutions Limited’ and a fresh certificate of incorporation dated September 7, 2023 was issued by the Registrar of Companies, Maharashtra at Mumbai.

Thinking Hats Entertainment Solutions has evolved from a premier concept development, event design and production company that specializes in live events, corporate, MICE (Meetings, Incentives, Conferences and Exhibitions), social and virtual events to an OTT content production and experiential marketing company with a strong focus on content development, intellectual property curation and tech centric product development.

With more than a decade of experience in creating events and experiences, the company is a team of visionaries who convert clients' dreams into reality. Its creative and personalized approach executes every event with the utmost professionalism and provides its clients with dependable solutions and the finest attention to detail. Thinking Hats began its event management and retail visual merchandising since incorporation and has been offering event management services related to Corporates Events, Corporate Meetings, Conference Management, Brands and Product Launches, Lifestyle and Fashion Events, Exhibitions & Fairs, Entertainment Show Management, Pan-India Ground Activations and Artist Management among others in India. Its Event Management services are offered from Media, Retail, Financial, Food, Education, Healthcare and Technology industries. It also provides prominent display and retail visual merchandise with a broad spectrum of offerings and in-store solutions to various retail stores.

With exclusive content made for platforms such as Netflix, Amazon, Sony Liv, MX Player, Disney+Hotstar, Voot, Zee5, etc. OTT Platforms have become increasingly popular in recent years due to their convenience and flexibility, allowing consumers to watch their favourite shows and movies on a variety of devices, including smartphones, tablets, laptops, and smart TVs. It also offers a wider range of content options compared to traditional cable TV.

Business area of the company

The company is mainly engaged in the business of entertainment, event management and retail merchandise.

Services of the company

  • Event management services
  • Retail visual merchandising
  • Digital content creation

History and milestones 

  • 2015: It expanded its business operations to Maharashtra.
  • 2015: The company diversified its business by venturing into Retail Visual Merchandising.
  • 2016: The company successfully launched its first OTT production, ‘Aapkey Kamrey Main Koi Rehtaha Hai’.
  • 2022: The company along with JAR Pictures Indian Motion Picture Production Company, successfully launched its first OTT co production, ‘Kathmandu Connection 2’.
  • 2023: Commencement of Noida Office
  • 2024: Commencement of Delhi Office
  • 2024: It successfully registered an intellectual property for its original musical, ‘Soulless’ to secure the creative rights of its musical project.

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