---
title: "Unistar Multimedia Ltd (532035) — Share Price, Financials & Analysis"
symbol: "532035"
company: "Unistar Multimedia Ltd"
canonical: "https://tapetide.com/stocks/532035"
isin: "INE808C01014"
bse_code: "532035"
sector: "Consumer Discretionary"
industry: "Entertainment"
generated_at: "2026-09-13T18:59:12.231Z"
---

# Unistar Multimedia Ltd (532035)

Canonical page: https://tapetide.com/stocks/532035

## Company

- **BSE Code:** 532035
- **ISIN:** INE808C01014
- **Sector:** Consumer Discretionary
- **Industry:** Entertainment
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2013-12-13
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** unistarmulti.com

## About

Incorporated in 1991, Unistar Multimedia 
Ltd is in the business of providing quality 
content to various TV channels and preparing 
TV serials, own music albums, making films, 
event management, etc.[1]

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.79 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- Company has a low return on equity of 1.49% over last 3 years.
- Company has high debtors of 446 days.
- Working capital days have increased from 8,27,494 days to 12,92,906 days

## Growth Rates

| Metric | 1Y | 3Y |
| --- | --- | --- |
| net income growth | -174% | — |
| revenue growth | -66% | 99% |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2021 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0.65 | 0.38 | 4.4 | 19.26 | 9.24 | 6.97 | 4.44 | 20.63 | 0.37 | 0.87 | 3.99 | 8.88 |
| Expenses | 0.01 | 0.41 | 3.08 | 22.26 | 5.53 | 5.46 | 3.75 | 26.31 | 0.11 | 0.89 | 3.93 | 9.47 |
| Operating Profit | 0.64 | -0.03 | 1.32 | -3 | 3.71 | 1.51 | 0.69 | -5.68 | 0.26 | -0.02 | 0.06 | -0.59 |
| OPM % | 98.46 | -7.89 | 30 | -15.58 | 40.15 | 21.66 | 15.54 | -27.53 | 70.27 | -2.3 | 1.5 | -6.64 |
| Other Income | 0.03 | 0.17 | 0.12 | 1.2 | 0 | 0 | 0 | 0.42 | 0.01 | 0 | 0 | 0.02 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0.01 |
| Depreciation | 0 | 0 | 0 | 0.02 | 0 | 0 | 0 | 0.07 | 0.01 | 0.01 | 0.01 | 0.01 |
| Profit before tax | 0.67 | 0.14 | 1.44 | -1.82 | 3.71 | 1.51 | 0.69 | -5.33 | 0.26 | -0.03 | 0.05 | -0.59 |
| Tax % | 14.93 | 28.57 | 25 | -19.23 | 25.07 | 25.17 | 24.64 | -0.19 | 26.92 | 0 | 20 | -11.86 |
| Net Profit | 0.57 | 0.1 | 1.08 | -1.46 | 2.78 | 1.13 | 0.51 | -5.32 | 0.19 | -0.03 | 0.03 | -0.53 |
| EPS in Rs | 0.57 | 0.1 | 1.08 | -0.58 | 1.11 | 0.45 | 0.2 | -2.13 | 0.08 | -0.01 | 0.01 | -0.21 |

### Profit & Loss

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 0 | 0 | 0.02 | 0 | 0 | 1.78 | 24.43 | 41.28 | 14.12 |
| Expenses | 0.06 | 0.06 | 0.07 | 0.17 | 0.14 | 1.01 | 25.78 | 41.05 | 14.42 |
| Operating Profit | -0.06 | -0.06 | -0.05 | -0.17 | -0.14 | 0.77 | -1.35 | 0.23 | -0.3 |
| OPM % | — | — | -250 | — | — | 43.26 | -5.53 | 0.56 | -2.12 |
| Other Income | 0 | 0 | 0.03 | 0.13 | -34.05 | 0.32 | 1.92 | 0.42 | 0.03 |
| Interest | 0 | 0 | 0.01 | 0 | 0 | 0 | 0.01 | 0 | 0.01 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.07 | 0.05 |
| Profit before tax | -0.06 | -0.06 | -0.03 | -0.04 | -34.19 | 1.09 | 0.54 | 0.58 | -0.33 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 12.84 | 35.19 | 24.14 | -3.03 |
| Net Profit | -0.06 | -0.06 | -0.03 | -0.04 | -34.19 | 0.95 | 0.36 | 0.43 | -0.32 |
| EPS in Rs | -0.06 | -0.06 | -0.03 | -0.04 | -34.19 | 0.95 | 0.14 | 0.17 | -0.13 |
| 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 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 9.66 | 9.66 | 9.66 | 9.66 | 9.66 | 9.67 | 25 | 25 | 25 |
| Reserves | 33.38 | 33.14 | 32.88 | 32.74 | -1.2 | 0.28 | -14.55 | -14.11 | -14.43 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0.03 | 1.64 | 1.29 | 0.97 |
| Other Liabilities | 0.43 | 0.15 | 0 | 0 | 0 | 1.21 | 50012.81 | 50022.03 | 50014.6 |
| Total Liabilities | 43.47 | 42.95 | 42.54 | 42.4 | 8.46 | 11.19 | 50024.9 | 50034.21 | 50026.14 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0.19 | 0.18 | 0.12 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 37.59 | 34.9 | 34.67 | 34.42 | 0.49 | 0.38 | 0.03 | 0.03 | 0 |
| Other Assets | 5.88 | 8.05 | 7.87 | 7.98 | 7.97 | 10.81 | 50024.68 | 50034 | 50026.02 |
| Total Assets | 43.47 | 42.95 | 42.54 | 42.4 | 8.46 | 11.19 | 50024.9 | 50034.21 | 50026.14 |

### Cash Flow

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

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -0.07 | -0.05 | -0.03 | -0.18 | -0.16 | -8.57 | -2.48 | -0.05 | -0.01 |
| Cash from Investing Activity | 0.06 | 0.05 | 0.14 | 0.09 | 0.18 | -0.05 | -84.3 | 0.26 | 0.01 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 9.02 | 86.51 | -0.01 | -0.01 |
| Net Cash Flow | 0 | 0 | 0.11 | -0.09 | 0.02 | 0.39 | -0.26 | 0.2 | -0.01 |
| Free Cash Flow | -0.07 | -0.05 | -0.03 | -0.18 | -0.16 | -8.57 | -2.68 | -0.11 | -0.01 |
| CFO/OP | 117 | 83 | 60 | 106 | 114 | -1113 | 173 | -22 | 3 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | — | — | 0 | — | — | 387.56 | 234.27 | 222.55 | 446.17 |
| Inventory Days | — | — | — | — | — | — | — | — | 1300783.51 |
| Days Payable | — | — | — | — | — | — | — | — | 0 |
| Cash Conversion Cycle | — | — | 0 | — | — | 387.56 | 234.27 | 222.55 | 1301229.68 |
| Working Capital Days | — | — | 182.5 | — | — | 168.15 | 747261.98 | 442313.77 | 1292906.26 |
| ROCE % | — | -0.14 | -0.05 | -0.09 | -0.04 | 9.98 | 4.98 | 4.78 | -2.7 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Jun 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 19.12% | 19.06% | 19.06% | 19.06% | 19.44% | 19.06% | 3.12% | 0% | 0% | 0% |
| Public | 80.88% | 80.94% | 80.94% | 80.94% | 80.56% | 80.94% | 96.88% | 100% | 99.99% | 99.99% |
| No. of Shareholders | 2124 | 2044 | 2006 | 2018 | 2004 | 2324 | 3345 | 4745 | 7576 | 7441 |

### Quarterly

| Category | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 19.06% | 7.74% | 3.12% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 80.94% | 92.27% | 96.88% | 100% | 100% | 100.01% | 100% | 100% | 100% | 100.01% | 99.99% | 99.99% |
| No. of Shareholders | 2338 | 2682 | 3345 | 3251 | 3256 | 3712 | 4745 | 5133 | 5671 | 7715 | 7576 | 7441 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 3 / 12

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 3.39 | Sell |
| EMA (10) | 3.41 | Sell |
| SMA (20) | 3.76 | Sell |
| EMA (20) | 3.83 | Sell |
| SMA (50) | 5.23 | Sell |
| EMA (50) | 4.83 | Sell |
| SMA (100) | 6.02 | Sell |
| EMA (100) | 5.71 | Sell |
| SMA (200) | 6.61 | Sell |
| EMA (200) | 7.36 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 28.62 | Buy |
| MACD (12,26,9) | -0.58 | Buy |
| Stochastic (14,3,3) | 19.25 | Buy |
| ADX (14) | 57.24 | Buy |
| Williams %R (14) | -65.08 | Neutral |
| ATR (14) | 0.31 | High Volatility |
| ROC (12) | -10.48 | Sell |
| Stoch RSI (14) | 100 | Sell |
| UO (7,14,28) | 41.4 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-09 | [Announcement under Regulation 30 (LODR)-Change in Management](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=cabb3215-07c3-4415-8fcb-8adee5fd3c28.pdf) |
| 2026-09-02 | [Announcement Under Regulation 30 (LODR) - Receipt Of Notice Under Section 206(4) Of The Companies Act 2013 From Registrar Of Companies Mumbai-II](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=90ee329c-150a-4b27-9309-790086cb3674.pdf) |
| 2026-08-27 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=1acef7d9-e4c6-43f7-9299-dadcc49ca6ef.pdf) |
| 2026-06-21 | [Submission Of Director Appointment Verification Committee Report - Governance Record Reconciliation And Regulatory Transparency Disclosure The Report Is Being Submitted As A Voluntary Disclosure In The Interest Of Transparency Good Corporate Governance S](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b8acf383-4f93-431a-992b-a1256ab46092.pdf) |
| 2026-04-22 | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=763ef953-cabf-4812-b2ff-7111e20cb604.pdf) |
| 2026-03-18 | [Announcement Under Regulation 30 (LODR) - Clarification / Governance Matter](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=05eba848-5284-43f9-9141-932c5c0849c9.pdf) |
| 2025-12-16 | [Intimation Of Cyber Security Incident Affecting MCA Portal Access](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ad534ab1-9b8c-4ebf-b482-9bcd88121893.pdf) |
| 2025-12-05 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f0f3a360-838c-4e9c-8cf0-93581eaa1ff9.pdf) |
| 2025-12-03 | [Intimation For Reconstitution Of Committees Of The Company](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=d27596c0-d098-4e8d-8fee-d48ad2b8f204.pdf) |
| 2025-12-03 | [Intimation Of Change Of Designated Compliance Officer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=030b3641-f9f6-4910-9398-cd43537a1908.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 5 Dec 2025 - Unistar forms Arzani India on 05/12/2025 to build six data-centres nationwide over five years; ₹50 crore MoU. | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 5 Dec 2025 - Unistar forms Arzani India on 05/12/2025 to build six data-centres nationwide over five years; ₹50 crore MoU.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f0f3a360-838c-4e9c-8cf0-93581eaa1ff9.pdf) |
| 3 Dec 2025 - Appointed Abhishek Thakkar as designated compliance officer; contact 9825463991, email unistar@ameromail.com; dated Dec 03, 2025. | [Intimation Of Change Of Designated Compliance Officer 3 Dec 2025 - Appointed Abhishek Thakkar as designated compliance officer; contact 9825463991, email unistar@ameromail.com; dated Dec 03, 2025.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/030b3641-f9f6-4910-9398-cd43537a1908.pdf) |
| 3 Dec 2025 - 03/12/2025: Unistar Multimedia reconstituted Audit, Stakeholder, Nomination & Remuneration, Risk Management Committees. | [Intimation For Reconstitution Of Committees Of The Company 3 Dec 2025 - 03/12/2025: Unistar Multimedia reconstituted Audit, Stakeholder, Nomination & Remuneration, Risk Management Committees.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d27596c0-d098-4e8d-8fee-d48ad2b8f204.pdf) |
| 29 January 2026 - Viral M. Mamtora appointed Additional Independent Director w.e.f. Jan 29, 2026; Mittal V. Kothari appointed secretarial auditor for FY2025-26. | [Outcome of Board Meeting 29 January 2026 - Viral M. Mamtora appointed Additional Independent Director w.e.f. Jan 29, 2026; Mittal V. Kothari appointed secretarial auditor for FY2025-26.](https://nsearchives.nseindia.com/corporate/KOTYARK_29012026132128_Reg30_29012026.pdf) |
| 29 January 2026 - Appointed Viral M. Mamtora as Independent Director; Mittal V. Kothari & Associates as Secretarial Auditor on Jan 29, 2026. | [Appointment 29 January 2026 - Appointed Viral M. Mamtora as Independent Director; Mittal V. Kothari & Associates as Secretarial Auditor on Jan 29, 2026.](https://nsearchives.nseindia.com/corporate/KOTYARK_29012026134331_Reg30_29012026.pdf) |
| 29 January 2026 - Appointed Viral M. Mamtora as Additional Independent Director effective Jan 29, 2026; secretarial auditor appointed for FY2025-26. | [Appointment 29 January 2026 - Appointed Viral M. Mamtora as Additional Independent Director effective Jan 29, 2026; secretarial auditor appointed for FY2025-26.](https://nsearchives.nseindia.com/corporate/KOTYARK_29012026133656_Reg30_29012026.pdf) |
| 25 Nov 2025 - Wholly owned Arzani India Pvt Ltd incorporated 20/11/2025 to build data centers; paid-up Rs100,000. | [Announcement Under Regulation 30 (LODR) - Updates Intimation Under Regulation 30 Of SEBI (LODR) Regulations, 2015 - Successful Incorporation Of Wholly Owned Subsidiary 25 Nov 2025 - Wholly owned Arzani India Pvt Ltd incorporated 20/11/2025 to build data centers; paid-up Rs100,000.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/280e1816-4e75-413b-aada-225e321dac68.pdf) |
| 23 January 2026 - Clarifies inadvertent 'Independent Auditor’s Report' header; reports are limited review for half-year ended Sept 30, 2025. | [Reply to Clarification- Financial results 23 January 2026 - Clarifies inadvertent 'Independent Auditor’s Report' header; reports are limited review for half-year ended Sept 30, 2025.](https://nsearchives.nseindia.com/corporate/KOTYARK_17012026193308_Clarification_for_Financial_results.pdf) |
| 22 Apr - 22 Apr 2026 GST registration cancellation order received; rectification application filed, no monetary penalty. | [Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 22 Apr - 22 Apr 2026 GST registration cancellation order received; rectification application filed, no monetary penalty.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/763ef953-cabf-4812-b2ff-7111e20cb604.pdf) |
| 18 Mar - 11 Feb 2026: Unistar denies unauthorized MCA DIR-12 director filings; appealed to ROC, RD, SEBI; indemnifies five directors. | [Announcement Under Regulation 30 (LODR) - Clarification / Governance Matter 18 Mar - 11 Feb 2026: Unistar denies unauthorized MCA DIR-12 director filings; appealed to ROC, RD, SEBI; indemnifies five directors.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/05eba848-5284-43f9-9141-932c5c0849c9.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2024 | [Concall - Oct 2024](https://nsearchives.nseindia.com/corporate/KOTYARK_30102024163725_Investor_presentation.pdf) |
| Oct 2022 | [Concall - Oct 2022](https://archives.nseindia.com/corporate/KOTYARK_10102022140812_Presentation.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://nsearchives.nseindia.com/corporate/KOTYARK_01112023172114_Reg_30_IP_UFR.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://nsearchives.nseindia.com/corporate/KOTYARK_18112022172000_InvestorPresentation_H1FY23_18.11.2022.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://archives.nseindia.com/corporate/KOTYARK_18112022172000_InvestorPresentation_H1FY23_18.11.2022.pdf) |
| May 2025 | [Concall - May 2025](https://nsearchives.nseindia.com/corporate/KOTYARK_26052025172346_IP_2025.pdf) |
| May 2024 | [Concall - May 2024](https://nsearchives.nseindia.com/corporate/KOTYARK_18052024180427_IP.pdf) |
| May 2023 | [Concall - May 2023](https://archives.nseindia.com/corporate/KOTYARK_22052023123713_IP23.pdf) |
| May 2022 | [Concall - May 2022](https://archives.nseindia.com/corporate/KOTYARK_13052022175014_InvestorPresentation_KIL.pdf) |
| Feb 2023 | [Concall - Feb 2023](https://archives.nseindia.com/corporate/KOTYARK_11022023123400_Investor_Presentation.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28810_KOTYARK_2024_2025_A_3565536_06092025185246.pdf) |
| from nse | [Financial Year 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25729_KOTYARK_2023_2024_0409202419268.pdf) |
| from nse | [Financial Year 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23402_KOTYARK_2022_2023_04092023181420_09042023190005.zip) |
| from nse | [Financial Year 2022 from nse](https://archives.nseindia.com/annual_reports/SME_AR_20942_KOTYARK_2021_2022_29082022192703.zip) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/86c761b9-8720-4fd9-93e8-4476b0bab3dd.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/8da42190-f4a2-400f-b8e0-d15839a41c2f.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532035/76062532035.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/532035/71605532035.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/532035/66735532035.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/532035/5320350319.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 2026-09-13T18:59:12.231Z.