---
title: "Divine Multimedia (India) Ltd (523810) — Share Price, Financials & Analysis"
symbol: "523810"
company: "Divine Multimedia (India) Ltd"
canonical: "https://tapetide.com/stocks/523810"
isin: "INE611B01022"
bse_code: "523810"
sector: "Industrials"
industry: "Industrial Products"
generated_at: "2026-09-13T18:22:52.076Z"
---

# Divine Multimedia (India) Ltd (523810)

Canonical page: https://tapetide.com/stocks/523810

## Company

- **BSE Code:** 523810
- **ISIN:** INE611B01022
- **Sector:** Industrials
- **Industry:** Industrial Products
- **Macro Sector:** Industrials
- **Stock Type:** EQUITY
- **Listed Since:** 2006-03-01
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** divinemultimedia.com

## About

Divine Multimedia focuses on the development, production and distribution of commercial entertainment materials in various formats. The Company is primarily engaged in movies and television serial production.

## Latest Price

## Key Insights

### Strengths

- Stock is trading at 0.25 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of -26.7% over last 3 years.
- Contingent liabilities of Rs.9.90 Cr.

## Growth Rates

| Metric | 1Y |
| --- | --- |
| net income growth | 65% |
| revenue growth | -100% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2013 | Mar 2014 | Jun 2014 | Sep 2014 | Dec 2014 | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | -6.16 | -1.89 | -0.68 | -1.12 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 0.04 | 0.02 | 0.02 | 0.01 | 0.01 | 0.07 | 0.03 | 0.02 | 0.01 | 0.02 | 0.03 | 0.01 |
| Operating Profit | -0.04 | -6.18 | -1.91 | -0.69 | -1.13 | -0.07 | -0.03 | -0.02 | -0.01 | -0.02 | -0.03 | -0.01 |
| Other Income | 0.19 | 0.29 | 0.14 | 0.01 | 0 | 0.1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 | 0.12 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.03 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 | 0.01 |
| Profit before tax | 0.02 | -6.02 | -1.9 | -0.81 | -1.26 | -0.12 | -0.16 | -0.15 | -0.14 | -0.15 | -0.16 | -0.14 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | 0.03 | -6.02 | -1.9 | -0.81 | -1.26 | -0.11 | -0.16 | -0.15 | -0.14 | -0.15 | -0.16 | -0.14 |
| EPS in Rs | 0 | -0.9 | -0.28 | -0.12 | -0.19 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 | -0.02 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.27 | 0.04 | 0 | 24.32 | 14.58 | 0 | 0.56 | 0 | 0 | 0 |
| Expenses | 0.28 | 0.11 | 0.06 | 24.67 | 15.56 | 0.79 | 8.18 | 3.89 | 0.07 | 0.07 |
| Operating Profit | -0.01 | -0.07 | -0.06 | -0.35 | -0.98 | -0.79 | -7.62 | -3.89 | -0.07 | -0.07 |
| OPM % | -3.7 | -175 | — | -1.44 | -6.72 | — | -1360.71 | — | — | — |
| Other Income | 0 | 0 | 0.01 | 0.57 | 1.33 | 1.39 | -0.43 | 0.34 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0.28 | 0.48 | 0.48 | 0.48 | 0.48 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.01 | 0.02 | 0.03 | 0.03 | 0.05 | 0.04 | 0.04 |
| Profit before tax | -0.02 | -0.08 | -0.06 | 0.21 | 0.33 | 0.29 | -8.56 | -4.08 | -0.59 | -0.59 |
| Tax % | 0 | 0 | 0 | 0 | 45.45 | 34.48 | 0 | 0 | 0 | — |
| Net Profit | -0.02 | -0.08 | -0.06 | 0.21 | 0.18 | 0.2 | -8.56 | -4.08 | -0.6 | -0.59 |
| EPS in Rs | — | — | — | 0.03 | 0.03 | 0.03 | -1.28 | -0.61 | -0.09 | -0.08 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 5.29 | 5.29 | 5.29 | 5.29 | 6.69 | 6.69 | 6.69 | 6.69 | 6.69 | 6.69 |
| Reserves | -0.96 | -0.98 | -1.06 | -1.12 | 17.32 | 17.44 | 17.64 | 9.08 | 4.99 | 4.39 |
| Borrowings | 0.06 | 0.08 | 0.1 | 0.16 | 0.19 | 0.8 | 2.52 | 2.18 | 2.36 | 2.97 |
| Other Liabilities | 0.15 | 0.04 | 0.04 | 0.09 | 15.35 | 0.55 | 0.42 | 0.36 | 0.23 | 0.93 |
| Total Liabilities | 4.54 | 4.43 | 4.37 | 4.42 | 39.55 | 25.48 | 27.27 | 18.31 | 14.27 | 14.98 |
| Fixed Assets | 0.06 | 0.05 | 0.03 | 0.03 | 0.18 | 0.34 | 0.31 | 0.28 | 0.23 | 0.19 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 2.71 | 2.71 | 2.71 | 3 | 3.07 | 5.96 | 3.07 | 0.07 | 0.07 | 0.07 |
| Other Assets | 1.77 | 1.67 | 1.63 | 1.39 | 36.3 | 19.18 | 23.89 | 17.96 | 13.97 | 14.72 |
| Total Assets | 4.54 | 4.43 | 4.37 | 4.42 | 39.55 | 25.48 | 27.27 | 18.31 | 14.27 | 14.98 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.05 | -0.07 | -0.02 | 3.21 | -18.88 | 4.38 | -0.91 | -8.62 | -1.86 | -0.92 |
| Cash from Investing Activity | 0 | 0 | 0 | -3 | -0.23 | -5.56 | -0.74 | 10.12 | 1.5 | 0.91 |
| Cash from Financing Activity | 0 | 0.02 | 0.02 | 0 | 19.66 | 0.62 | 1.45 | -0.81 | -0.3 | 0.13 |
| Net Cash Flow | 0.05 | -0.05 | 0 | 0.21 | 0.55 | -0.56 | -0.2 | 0.69 | -0.66 | 0.12 |
| Free Cash Flow | 0.05 | -0.07 | -0.02 | 3.21 | -19.04 | 4.2 | -0.91 | -8.62 | -1.86 | -0.92 |
| CFO/OP | -125 | 700 | 29 | -5350 | 5394 | -447 | 103 | 113 | 48 | 1314 |

### Ratios

| Item | Mar 2007 | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 134.37 | 1852.04 | 12045 | — | 239.53 | 20.53 | — | 123.84 | — | — |
| Inventory Days | — | — | — | — | 0 | 0 | — | 0 | — | — |
| Cash Conversion Cycle | 134.37 | 1852.04 | 12045 | — | 239.53 | 20.53 | — | 123.84 | — | — |
| Working Capital Days | 148.67 | 2190 | 14417.5 | — | 167.79 | 161.97 | — | 4666.79 | — | — |
| ROCE % | — | -0.46 | -1.83 | -1.39 | 1.47 | 1.34 | 1.89 | -30.36 | -23.13 | -0.78 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 |
| --- | --- | --- |
| Promoters | 0.07% | 0.07% |
| Public | 99.93% | 99.93% |
| No. of Shareholders | 3145 | 3158 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% |
| Public | 99.93% | 99.93% | 99.93% | 99.93% | 99.93% | 99.93% | 99.93% | 99.93% |
| No. of Shareholders | 3091 | 3144 | 3149 | 3145 | 3136 | 3080 | 3093 | 3158 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 6 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 309.42 | Buy |
| EMA (10) | 312.95 | Buy |
| SMA (20) | 328.6 | Sell |
| EMA (20) | 321.89 | Sell |
| SMA (50) | 339.64 | Sell |
| EMA (50) | 339.41 | Sell |
| SMA (100) | 369.19 | Sell |
| EMA (100) | 352.76 | Sell |
| SMA (200) | 362.61 | Sell |
| EMA (200) | 350.12 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 45.66 | Neutral |
| MACD (12,26,9) | -11.09 | Sell |
| Stochastic (14,3,3) | 16.04 | Buy |
| ADX (14) | 14.27 | Neutral |
| Williams %R (14) | -63.87 | Neutral |
| ATR (14) | 16.63 | High Volatility |
| ROC (12) | -9.03 | Sell |
| Stoch RSI (14) | 66.2 | Neutral |
| UO (7,14,28) | 48.78 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 6 Feb - Re-appointment of Meher Vakil Taff as MD Apr 1, 2026–Mar 31, 2029; designated Vice‑Chairperson & CEO. | [Announcement under Regulation 30 (LODR)-Change in Directorate 6 Feb - Re-appointment of Meher Vakil Taff as MD Apr 1, 2026–Mar 31, 2029; designated Vice‑Chairperson & CEO.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7b1e3921-1b65-4500-9689-13b4d434a757.pdf) |
| 6 Feb - Q3 FY25-26 results presentation (ended Dec 31, 2025); temporary oilfield tender loss; ethoxylation reactor commissioning expected Q4 FY26. | [Results Presentation For The Period Ended December 31, 2025 6 Feb - Q3 FY25-26 results presentation (ended Dec 31, 2025); temporary oilfield tender loss; ethoxylation reactor commissioning expected Q4 FY26.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/762df403-5020-4eb2-aec3-ade7c6486299.pdf) |
| 6 Feb - Approved unaudited standalone and consolidated results for quarter/nine months ended Dec 31, 2025; limited review enclosed. | [Board Meeting Outcome for Outcome Of Board Meeting Held On February 6, 2026 6 Feb - Approved unaudited standalone and consolidated results for quarter/nine months ended Dec 31, 2025; limited review enclosed.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/fb60847d-74d0-4698-a77b-0b3223add4e2.pdf) |
| 18 Feb - Newspaper Publication confirming the dispatch of Postal Ballot Notice | [Announcement under Regulation 30 (LODR)-Newspaper Publication 18 Feb - Newspaper Publication confirming the dispatch of Postal Ballot Notice](https://www.bseindia.com/xml-data/corpfiling/AttachHis/56ece90a-5958-4467-a8f2-e8f52cf43c58.pdf) |
| 17h - CRISIL downgraded bank facilities to CRISIL BB+/Stable and A4+ for Rs25 crore on March 4, 2026. | [Announcement under Regulation 30 (LODR)-Credit Rating 17h - CRISIL downgraded bank facilities to CRISIL BB+/Stable and A4+ for Rs25 crore on March 4, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/654fa94c-8ee8-4717-b53a-28b126619847.pdf) |
| 17 Feb - Postal ballot to reappoint Meher Vakil Taff as Vice‑Chairperson, CEO & MD Apr 1,2026–Mar31,2029; salary Rs15.35L/month, incentive Rs57.86Lpa. | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 17 Feb - Postal ballot to reappoint Meher Vakil Taff as Vice‑Chairperson, CEO & MD Apr 1,2026–Mar31,2029; salary Rs15.35L/month, incentive Rs57.86Lpa.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a54757e7-e0e4-4830-8c3c-4dd1d4a92e2f.pdf) |
| — | [Results- Outcome Of Board Meeting Held On February 6, 2026 - Un-Audited Standalone And Consolidated Financial Results For The Quarter And Nine Months Ended 31St December, 2025. 6 Feb](https://www.bseindia.com/xml-data/corpfiling/AttachHis/5ad85973-3e50-4210-872d-8eb905700e1b.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2023 | [Concall - Oct 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3c67a892-ec71-4cc8-9ac4-c9f42f9f3539.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/4e378b9e-d4d7-4d38-83f4-fc5ae603573c.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b894279b-87e7-41db-8c31-9632ec30a201.pdf) |
| Aug 2025 | [Concall - Aug 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9447b82a-360b-4e8f-a31f-ff444f7473d7.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/c5f5a3aa-8afb-4f6d-93e5-fd50e15e9a20.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1f2a01b5-f0b4-4c55-82b5-09f6a60e6fae.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f8489e96-96be-45ea-a75d-b63c86edbcb3.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/526821/73083526821.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/526821/69211526821.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/526821/5268210320.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/526821/5268210319.pdf) |
| from bse | [Financial Year 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/526821/5268210318.pdf) |
| from bse | [Financial Year 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/526821/5268210317.pdf) |
| from bse | [Financial Year 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/526821/5268210316.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T18:22:52.076Z.