Sharpline Broadcast Ltd. operates as a media and broadcast company in India. It specialises in television and film broadcast and advertising media services. It was incorporated in 1990 with its headquarters in New Delhi. For the quarter ended March 2022, the company reported a total standalone income of Rs 8.86 crore, up 132.66% from the previous quarter ended December 2021 with a total income of Rs 3.81 crore. The company’s market capitalisation on 5 August 2022 stood at Rs 16 crore.
Sharpline Broadcast Ltd. is listed on the Bombay Stock Exchange with the code 543341 and not listed on the National Stock Exchange.
Sharpline Broadcast Ltd. provides indoor and outdoor media services to customers in India. It is engaged in launching music, news, serial, and other television channels. The advertising agency provides a range of advertising services in various media, such as newspapers, television, radio, and magazines.
During FY 2021-2022, the company recorded total revenue of Rs 15.51 crore, up 167.80% from the total revenue of Rs 5.79 crore for FY 2020-2021. The company’s annual revenue growth of 167.80% outperformed its three-year CAGR of 42.57%. The total profit after tax was Rs 0.68 crore, up 1109.64% from the previous financial year. As per the company’s balance sheet, the total assets grew by 66.67% in FY 2021-2022.
The company’s top management includes Mr Sanjeev Kumar Jha, Mr Paras Shah, Mr Sulabh Dikshit, and Ms Sangeeta Mukherjee. The auditors are BAS & Co. LLP. As of 30 June 2022, the company’s shareholding pattern indicated a 43.3% promoter stake and 56.7% public stake. There has been no quarter-on-quarter change in the shareholding pattern since September 2021. Dev Varsha Publication Pvt. Ltd. and Spaceship Infra Pvt. Ltd. are the leading promoters, with a 20.87% stake each.
On 5 August 2022, Sharpline Broadcast Ltd.’s share price closed at Rs 14.45. The 52-week high for Sharpline Broadcast Ltd.’s share price was Rs 55.95, and the 52-week low for the company’s share price was Rs 7.
The company’s peers in the film production, distribution, and entertainment sector include Saregama India, Tips Industries, INOX Leisure, and PVR.
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