MUKTAARTS

Mukta Arts Limited

Film production, distribution and exhibition company

Consumer Discretionary›Media, Entertainment & Publication›Entertainment›Film Production, Distribution & Exhibition

muktaarts.com(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹55.31
Market cap
125 Cr
Stock P/E
Loss (TTM EPS ₹-3.48)
ROCE (FY26)
-139.7%
Operating margin (FY26)
-4.3%
Debt / equity (FY26)
-0.01
OCF / EBITDA (FY26)
191.5%
OCF / EBITDA (3Y)
187.3%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Mukta Arts is a Mumbai-based film company, founded by filmmaker Subhash Ghai, that runs multiplex cinemas through subsidiaries and also reports software, equipment, education and other businesses.

Company snapshot

8thBy market cap

Ranked among 9 companies in Film Production, Distribution & Exhibition.

Segment mix

Reportable segments as of 2024-12-31 (Consolidated). Revenue share = segment revenue ÷ total revenue.

Largest segment: 62.0% of revenue

SegmentRevenue shareRevenuePBTAssets
Education
29.7%
14 Cr-1 Cr59 Cr
Equipment Division (Including Other income)
0.2%
0.10 Cr0.09 Cr1 Cr
Others
4.1%
2 Cr2 Cr18 Cr
Software Division
7.1%
3 Cr2 Cr17 Cr
Theatrical Exibition Division
62.0%
30 Cr-3 Cr88 Cr

Shares add up to 103% because segment revenues are before inter-segment eliminations.

What we see

Positives
  • ✓187% of operating profit came in as cash over the last three years — profits are backed by real cash.
Concerns
  • ✗Net margin is negative — the company is spending more than it earns right now.
2 more signals from the filings.Sign in free to see them all

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales61 Cr54 Cr39 Cr39 Cr42 Cr48 Cr38 Cr37 Cr45 Cr46 Cr45 Cr41 Cr
Operating expenses (approx.)50 Cr46 Cr46 Cr40 Cr40 Cr44 Cr39 Cr38 Cr41 Cr40 Cr42 Cr40 Cr
EBITDA11 Cr8 Cr-7 Cr-1 Cr2 Cr5 Cr-0.77 Cr-1 Cr4 Cr7 Cr4 Cr0.89 Cr
OPM %18.7%14.2%-17.9%-3.5%4.4%9.5%-2.0%-2.8%8.9%14.0%8.3%2.2%
Other income2 Cr1 Cr10 Cr2 Cr2 Cr2 Cr7 Cr3 Cr1 Cr2 Cr7 Cr5 Cr
Interest4 Cr3 Cr4 Cr3 Cr4 Cr3 Cr4 Cr3 Cr3 Cr3 Cr3 Cr3 Cr
Depreciation5 Cr5 Cr5 Cr5 Cr4 Cr5 Cr5 Cr5 Cr5 Cr5 Cr6 Cr5 Cr
Profit before tax5 Cr0.32 Cr-7 Cr-7 Cr-4 Cr-2 Cr-3 Cr-6 Cr-3 Cr-1 Cr-0.15 Cr-2 Cr
Tax %9.2%135.3%4.6%-0.6%0.7%-26.3%-53.2%-1.3%-1.8%-3.9%-353.8%-11.7%
Net profit4 Cr-0.19 Cr-7 Cr-7 Cr-4 Cr-2 Cr-4 Cr-6 Cr-4 Cr-1 Cr-0.70 Cr-2 Cr
EPS (₹)₹1.91₹-0.04₹-3.06₹-3.00₹-1.84₹-0.96₹-1.79₹-2.70₹-1.57₹-0.64₹-0.32₹-0.95

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales124 Cr162 Cr172 Cr73 Cr132 Cr163 Cr195 Cr167 Cr174 CrSign in free for the trailing twelve months
Operating expenses (approx.)116 Cr147 Cr153 Cr66 Cr113 Cr158 Cr180 Cr162 Cr161 CrSign in free for the trailing twelve months
EBITDA8 Cr15 Cr18 Cr7 Cr19 Cr5 Cr14 Cr4 Cr13 CrSign in free for the trailing twelve months
OPM %6.7%9.2%10.7%10.0%14.5%3.0%7.3%2.6%7.6%Sign in free for the trailing twelve months
Other income11 Cr12 Cr9 Cr15 Cr21 Cr11 Cr14 Cr13 Cr13 CrSign in free for the trailing twelve months
Interest11 Cr10 Cr16 Cr14 Cr12 Cr14 Cr15 Cr14 Cr13 CrSign in free for the trailing twelve months
Depreciation13 Cr12 Cr19 Cr19 Cr18 Cr19 Cr20 Cr19 Cr21 CrSign in free for the trailing twelve months
Profit before tax-5 Cr4 Cr-8 Cr-11 Cr12 Cr-18 Cr-6 Cr-15 Cr-11 CrSign in free for the trailing twelve months
Tax %-5.3%37.8%-7.0%-9.1%47.4%-6.4%-5.1%-12.5%-6.7%Sign in free for the trailing twelve months
Net profit-5 Cr3 Cr-8 Cr-12 Cr6 Cr-19 Cr-7 Cr-17 Cr-12 CrSign in free for the trailing twelve months
EPS (₹)₹-4.26₹1.80₹-8.02₹-5.47₹2.90₹-8.33₹-2.92₹-7.60₹-5.24Sign in free for the trailing twelve months
Dividend payout %————0.0%————Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital—11 Cr11 Cr11 Cr11 Cr11 Cr11 Cr11 Cr11 Cr
Reserves—16 Cr1 Cr-14 Cr-7 Cr-32 Cr-39 Cr-57 Cr-73 Cr
Borrowings—73 Cr75 Cr67 Cr64 Cr68 Cr72 Cr65 Cr60 Cr
Other liabilities—105 Cr158 Cr176 Cr176 Cr187 Cr174 Cr217 Cr238 Cr
Total liabilities—210 Cr245 Cr244 Cr249 Cr243 Cr224 Cr242 Cr243 Cr
Fixed assets (net)—79 Cr108 Cr90 Cr111 Cr66 Cr64 Cr60 Cr55 Cr
CWIP—2 Cr4 Cr5 Cr2 Cr2 Cr3 Cr4 Cr3 Cr
Investments—19 Cr18 Cr18 Cr19 Cr17 Cr18 Cr35 Cr34 Cr
Loans & advances—12 Cr12 Cr13 Cr15 Cr14 Cr14 Cr13 Cr10 Cr
Inventories—1 Cr1 Cr0.76 Cr0.94 Cr1 Cr1 Cr1 Cr1 Cr
Trade receivables—22 Cr16 Cr21 Cr11 Cr9 Cr8 Cr2 Cr8 Cr
Cash & bank—6 Cr3 Cr14 Cr9 Cr8 Cr3 Cr2 Cr3 Cr
Other assets—70 Cr83 Cr83 Cr80 Cr126 Cr113 Cr125 Cr130 Cr
Total assets—210 Cr245 Cr244 Cr249 Cr243 Cr224 Cr242 Cr243 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity—24 Cr—33 Cr36 Cr12 Cr10 Cr24 Cr25 Cr
Cash from investing—-8 Cr—-0.52 Cr-25 Cr-4 Cr-5 Cr-3 Cr-7 Cr
Cash from financing—-12 Cr—-22 Cr-16 Cr-9 Cr-11 Cr-21 Cr-18 Cr
Net cash flow—4 Cr—11 Cr-5 Cr-1 Cr-5 Cr-0.37 Cr0.25 Cr
Free cash flow (OCF − Capex)—15 Cr—32 Cr13 Cr-0.68 Cr3 Cr16 Cr21 Cr

Ratios

MetricMar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %4.5%13.8%8.8%3.5%33.0%-26.2%-11.3%-57.1%-139.7%
ROE %1.1%8.4%-67.4%-1307.6%64.6%————
Debtor days1574834104312015416
Inventory days—2243356712
Days payable516873142838621662052115
Cash conversion cycle106-18-36-34-49-63-2094-1976-97
OCF / EBITDA %—158.5%—453.8%187.6%n.m.72.6%n.m.191.5%
OCF / EBITDA % (3 years)—————257.7%151.6%195.7%187.3%
Debt / equity0.382.668.6871.5013.97—-0.03-0.02-0.01
Current ratio2.830.620.490.530.620.570.470.560.61
Net debt / EBITDA0.004.503.917.322.8412.564.9314.594.32