Panorama Studios Faces Financial Challenges Amidst Sales Growth and Declining Profitability

Panorama Studios International, a microcap player in the Media & Entertainment sector, has recently undergone a financial trend adjustment reflecting challenges in its performance metrics. The company reported net sales of Rs 136.35 crore for the quarter ending June 2025, showcasing a significant growth of 49.8% compared to the previous four-quarter average. However, this positive aspect is overshadowed by notable declines in other key performance indicators.
Profit Before Tax (PBT) less Other Income fell sharply to Rs 3.24 crore, marking a decline of 73.7% from the previous average. Similarly, Profit After Tax (PAT) decreased to Rs 5.11 crore, down 51.2% from prior averages. The company's Return on Capital Employed (ROCE) stands at a low of 22.67%, and the Debtors Turnover Ratio is also at its lowest, recorded at 4.68 times. Additionally, interest expenses have reached a peak of Rs 2.90 crore.

In terms of market performance, Panorama Studios has faced a challenging year, with a year-to-date return of -17.33%, contrasting sharply with the Sensex's positive return of 2.49%. Over the past three years, however, the company has shown remarkable growth, with a return of 661.06%, significantly outpacing the Sensex's 36.08%. This juxtaposition highlights the volatility and potential challenges the company faces in maintaining its market position.