Company Overview

Digikore Studios Limited, incorporated in 2000, is a TPN-certified visual effects (VFX) studio based in India that specializes in providing comprehensive visual effects services for films, web series, television series, documentaries, and commercials. The company has established itself as a significant player in the global VFX industry, having worked on over 250 Hollywood films, TV series, web series, and commercials.

Digikore Studios Limited is engaged in offering a suite of visual effects services including VFX for films, television, web series, television commercials, documentaries, and VFX for 360-degree footages. The company provides specialized services for set extension and crowd multiplication, rotoscopy, reflection removal, general cleanup, wire and rig removal, monitor camps, muzzle flash composition, green screen compositing, driving camps, day to night transitions, match move, CG blood effects, beauty fixes, and various other VFX solutions.

Notable Works and Global Clientele

Some of the notable works of Digikore Studios include major Hollywood productions such as Thor: Love and Thunder, Black Panther: Wakanda Forever, Glass Onion: A Knives Out Mystery, Deadpool, Star Trek, Jumanji, Stranger Things, The Last Ship, Titanic, Ghost Rider: Spirit of Vengeance, Transformer: Age of Extinction, and Crouching Tiger, Hidden Dragon: Sword of Destiny. The company's clientele mainly comes from India, Australia, New Zealand, the United States, and European markets, demonstrating its global reach and recognition in the entertainment industry.

Financial Performance and Stock Details

The market capitalization of Digikore Studios Ltd stands at ₹112.09 Cr as of July 23, 2025. For Q1 FY26, the company reported revenue of Rs. 15.73 Cr and PAT (Profit After Tax) of Rs. 1.63 Cr. The company had an order book of Rs. 20 Cr and a revenue target of Rs. 60 Cr for FY26. The company shows an operating revenue of Rs. 135.05 Cr on a trailing 12-month basis.

#### Key Financial Metrics

- Q1 FY2025-26 Performance: Revenue of Rs. 15.73 Cr, PAT of Rs. 1.63 Cr

- Order Book: Rs. 20 Cr

- FY2025-26 Revenue Target: Rs. 60 Cr

- Trailing 12-Month Revenue: Rs. 135.05 Cr

- Market Capitalization: ₹112.09 Cr (as of July 23, 2025)

- Promoter Holding: 66.62% (as of March 2025)

- P/E Ratio: -15.59

- P/B Ratio: 2.64

- 52-Week High: ₹530

- 52-Week Low: ₹150

Stock Exchange Listing and IPO Details

Digikore Studios got listed on NSE SME (Small and Medium Enterprises) on October 4, 2023. The company's IPO was priced at ₹171 per share, with an issue size of ₹30.48 crores. This comprised a fresh issue of 12.61 lakh shares aggregating to ₹21.56 crores and an offer for sale of 5.22 lakh shares aggregating to ₹8.92 crores.

Recent Developments and Future Outlook

The company has launched an AI platform as part of its technological advancement initiatives, positioning itself to leverage artificial intelligence in visual effects production. This development reflects the company's commitment to staying at the forefront of technological innovation in the VFX industry.

Sector Classification and Business Segment

Digikore Studios Ltd belongs to the Consumer Discretionary sector and the Animation sub-sector. The company operates in the media and entertainment space, specifically focusing on post-production services for the global entertainment industry.

Operational Metrics and Performance Indicators

The company demonstrates strong fundamentals with an annual revenue growth of 34%, a pre-tax margin of 27%, and Return on Equity (ROE) of 22%. The company maintains a reasonable debt-to-equity ratio of 19%, which signals a healthy balance sheet. However, the company has high debtors of 405 days, and working capital days have increased from 282 days to 530 days, indicating areas that require management attention.

The company's established presence in the global VFX market, combined with its impressive portfolio of Hollywood productions and recent technological investments in AI, positions Digikore Studios as a notable player in India's growing digital content creation industry.