---
title: "Baweja Studios Ltd (BAWEJA) — Share Price, Financials & Analysis"
symbol: "BAWEJA"
company: "Baweja Studios Ltd"
canonical: "https://tapetide.com/stocks/BAWEJA"
isin: "INE0JFJ01011"
nse_symbol: "BAWEJA"
sector: "Media"
industry: "Film Production Distribution"
market_cap_cr: 43.58
generated_at: "2026-09-13T18:45:57.332Z"
---

# Baweja Studios Ltd (BAWEJA)

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

## Company

- **NSE Symbol:** BAWEJA
- **ISIN:** INE0JFJ01011
- **Sector:** Media
- **Industry:** Film Production Distribution
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2024-02-06
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** bawejastudios.com

## About

Incorporated in 2001, Baweja Studios Ltd is in the business of Media & Entertainment[1]

## Latest Price

- **Price:** ₹24.15
- **Change:** +0.5 (+2.11%)
- **Open:** ₹24.15
- **Day High:** ₹24.15
- **Day Low:** ₹24.15
- **Previous Close:** ₹23.65
- **Volume:** 1600
- **As Of:** 2026-09-11T07:59:00+00:00

## Key Fundamentals

Observed at 2026-09-11T04:40:20.299221Z.

- **Market Cap:** ₹43.58 Cr
- **Classification:** SME
- **P/E (reported):** 7.2
- **Book Value:** ₹59.73
- **Price to Book:** 0.4
- **Dividend Yield:** 0%
- **ROE:** 7.96%
- **ROCE:** 12.54%
- **Debt to Equity:** 0.35
- **Revenue (yearly):** ₹68.94 Cr
- **Net Income:** ₹6.04 Cr
- **EBITDA:** ₹11.61 Cr
- **52-Week High:** ₹53.55
- **52-Week Low:** ₹21.1
- **RSI (14):** 41.6

## Tapetide Score

- **Score:** 47 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Cheap · Momentum: Falling
- **Percentile:** 35.6 (of 4473 scored stocks)
- **Confidence:** 88%
- **Data coverage:** 76%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 51.8 | 9% |
| growth | 32.18 | 9% |
| momentum | 32.34 | 12% |
| ownership | 50 | 24% |
| quality | 68.66 | 22% |
| valuation | 62.41 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Stock is trading at 0.40 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.53% over last 3 years.
- Company has high debtors of 310 days.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | -279.95% | — | — |
| ebitda margin growth | -11.08% | -10.41% | 52.79% |
| net income growth | -27.23% | -9% | -5% |
| revenue growth | -9.65% | -2% | 29% |
| roce | 5.91% | -76.3% | 61.47% |
| roe | -7.33% | 18.89% | -95.33% |

## Financial Statements

### Quarterly Results

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

| Item | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 44.23 | 38.66 | 25.63 | 32.18 | 43.39 | 35.49 | 33.44 |
| Expenses | 39.54 | 32.59 | 20.4 | 27.61 | 34.29 | 31.86 | 25.46 |
| Operating Profit | 4.69 | 6.07 | 5.23 | 4.57 | 9.1 | 3.63 | 7.98 |
| OPM % | 10.6 | 15.7 | 20.41 | 14.2 | 20.97 | 10.23 | 23.86 |
| Other Income | 2.46 | 0.24 | 0.6 | 0.4 | 0.3 | 0.25 | 0.32 |
| Interest | 0.26 | 0.24 | 0.48 | 0.25 | 1.36 | 1.4 | 1.62 |
| Depreciation | 0.23 | 0.26 | 0.43 | 0.6 | 0.95 | 0.46 | 0.46 |
| Profit before tax | 6.66 | 5.81 | 4.92 | 4.12 | 7.09 | 2.02 | 6.22 |
| Tax % | 26.28 | 25.13 | 21.34 | 26.94 | 25.67 | 25.25 | 26.37 |
| Net Profit | 4.92 | 4.35 | 3.87 | 3.02 | 5.27 | 1.51 | 4.57 |
| EPS in Rs | 3.41 | 3.02 | 2.1 | 1.64 | 2.86 | 0.82 | 2.48 |

### Profit & Loss

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Sales | 19.45 | 40.71 | 73.79 | 64.3 | 75.57 | 68.94 |
| Expenses | 7.34 | 36.45 | 64.77 | 53 | 61.94 | 57.33 |
| Operating Profit | 12.11 | 4.26 | 9.02 | 11.3 | 13.63 | 11.61 |
| OPM % | 62.26 | 10.46 | 12.22 | 17.57 | 18.04 | 16.84 |
| Other Income | -0.42 | 0.22 | 2.49 | 0.84 | 0.7 | 0.57 |
| Interest | 0.08 | 0.28 | 0.49 | 0.72 | 1.91 | 3.02 |
| Depreciation | 0.03 | 0.11 | 0.33 | 0.69 | 1.21 | 0.92 |
| Profit before tax | 11.58 | 4.09 | 10.69 | 10.73 | 11.21 | 8.24 |
| Tax % | 34.02 | 32.52 | 25.54 | 23.39 | 26.14 | 26.09 |
| Net Profit | 7.65 | 2.76 | 7.97 | 8.22 | 8.28 | 6.08 |
| EPS in Rs | — | 5.08 | 5.52 | 4.46 | 4.49 | 3.3 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.03 | 5.43 | 14.43 | 18.43 | 18.43 | 18.43 |
| Reserves | 4.45 | 1.81 | 5.44 | 77.28 | 85.57 | 91.64 |
| Borrowings | 1.8 | 2.67 | 1.42 | 3.59 | 31.13 | 38.39 |
| Other Liabilities | 25.96 | 20.65 | 23.61 | 24.95 | 52.72 | 37.8 |
| Total Liabilities | 32.24 | 30.56 | 44.9 | 124.25 | 187.85 | 186.26 |
| Fixed Assets | 0.1 | 0.49 | 1.62 | 5.28 | 4.09 | 3.18 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0.72 | 0 | 5 | 5 | 7.29 | 7.3 |
| Other Assets | 31.42 | 30.07 | 38.28 | 113.97 | 176.47 | 175.78 |
| Total Assets | 32.24 | 30.56 | 44.9 | 124.25 | 187.85 | 186.26 |

### Cash Flow

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

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 0.33 | -0.69 | 4.1 | -18.3 | -69.53 | -5.14 |
| Cash from Investing Activity | 0.29 | 0.41 | -6.36 | -4.14 | -3.11 | 0.91 |
| Cash from Financing Activity | -2.11 | 0.75 | 2.97 | 69.09 | 25.81 | 4.18 |
| Net Cash Flow | -1.49 | 0.46 | 0.71 | 46.65 | -46.82 | -0.06 |
| Free Cash Flow | 0.32 | -1.19 | 2.64 | -22.64 | -69.56 | -5.15 |
| CFO/OP | 7 | 11 | 80 | -144 | -478 | -31 |

### Ratios

| Item | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 145.62 | 51.55 | 36.7 | 121.7 | 346.21 | 309.73 |
| Cash Conversion Cycle | 145.62 | 51.55 | 36.7 | 121.7 | 346.21 | 309.73 |
| Working Capital Days | 96.83 | 77.29 | 64.5 | 215.37 | 437.88 | 536.96 |
| ROCE % | — | 54.48 | 71.67 | 18.99 | 11.19 | 7.94 |

## Shareholding Pattern

### Quarterly

| Category | Jun 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- |
| Promoters | 100% | 70.69% | 70.69% | 70.69% | 70.69% | 70.69% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0.89% | 0.89% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 0% | 21.17% | 22.72% | 22.18% | 22.38% | 21.83% |
| Others | 0% | 8.14% | 6.59% | 7.13% | 6.04% | 6.58% |
| No. of Shareholders | 7 | 2583 | 2509 | 2257 | 2294 | 2185 |

## Technical Indicators

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

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 2 / 7 / 10

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 24.99 | Sell |
| EMA (10) | 24.57 | Sell |
| SMA (20) | 24.19 | Sell |
| EMA (20) | 24.73 | Sell |
| SMA (50) | 26.14 | Sell |
| EMA (50) | 25.97 | Sell |
| SMA (100) | 28.78 | Sell |
| EMA (100) | 28.02 | Sell |
| SMA (200) | 31.55 | Sell |
| EMA (200) | 32.67 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 44.91 | Neutral |
| MACD (12,26,9) | -0.36 | Buy |
| Stochastic (14,3,3) | 36.1 | Neutral |
| ADX (14) | 12.98 | Neutral |
| Williams %R (14) | -58.33 | Neutral |
| ATR (14) | 1.1 | High Volatility |
| ROC (12) | 0.62 | Buy |
| Stoch RSI (14) | 44.79 | Neutral |
| UO (7,14,28) | 54.68 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 Sep - 25th AGM on 29 September 2026; annual report, remote e-voting and book closure announced. | [Copy of Newspaper Publication 9 Sep - 25th AGM on 29 September 2026; annual report, remote e-voting and book closure announced.](https://nsearchives.nseindia.com/corporate/BAWEJA_09092026150504_Covering_Letter_Newspaper.pdf) |
| 9 April 2026 - RTA certificate under Regulation 74(5) received for quarter ended March 31, 2026; no physical shares for demat. | [Certificate under SEBI (Depositories and Participants) Regulations, 2018 9 April 2026 - RTA certificate under Regulation 74(5) received for quarter ended March 31, 2026; no physical shares for demat.](https://nsearchives.nseindia.com/corporate/BAWEJA_09042026171253_Covering_Letter_Regulation_74_Signed.pdf) |
| 7 Sep - Notice of 25th AGM on 29 September 2026 at 3:00 PM via VC/OAVM. | [Shareholders meeting 7 Sep - Notice of 25th AGM on 29 September 2026 at 3:00 PM via VC/OAVM.](https://nsearchives.nseindia.com/corporate/BAWEJA_07092026205425_Covering_Letter_AGM_notice.pdf) |
| 7 Sep - AGM scheduled for 29 Sep 2026; annual report link, e-voting dates and KYC reminder shared. | [Updates 7 Sep - AGM scheduled for 29 Sep 2026; annual report link, e-voting dates and KYC reminder shared.](https://nsearchives.nseindia.com/corporate/BAWEJA_07092026205540_Covering_Letter.pdf) |
| 6 Feb - Board meeting on 12 Feb 2026 to approve unaudited Q3 (ended Dec 31, 2025) financials; trading window closure. | [Board Meeting Intimation for Adoption Of Unaudited Financial Results For The Quarter Ending 31St December,2025 6 Feb - Board meeting on 12 Feb 2026 to approve unaudited Q3 (ended Dec 31, 2025) financials; trading window closure.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6ffe30fb-dd07-4c0f-b043-09de6da93d93.pdf) |
| 29 May 2026 - Board approved FY26 audited standalone and consolidated results; reappointed internal and secretarial auditors for 2026-27. | [Outcome of Board Meeting 29 May 2026 - Board approved FY26 audited standalone and consolidated results; reappointed internal and secretarial auditors for 2026-27.](https://nsearchives.nseindia.com/corporate/BAWEJA_29052026193646_Outcome_of_Board_Meeting.pdf) |
| 29 May 2026 - Board approved audited FY26 standalone and consolidated results; reappointed internal and secretarial auditors for FY27. | [Change in Management 29 May 2026 - Board approved audited FY26 standalone and consolidated results; reappointed internal and secretarial auditors for FY27.](https://nsearchives.nseindia.com/corporate/BAWEJA_29052026194009_Outcome_of_Board_Meeting.pdf) |
| 29 Aug - 25th AGM on September 29, 2026 via VC/OAVM; remote e-voting notice published August 29. | [Copy of Newspaper Publication 29 Aug - 25th AGM on September 29, 2026 via VC/OAVM; remote e-voting notice published August 29.](https://nsearchives.nseindia.com/corporate/BAWEJA_29082026125701_Covering_Letter_Newspaper.pdf) |
| 25 May 2026 - Baweja Studios filed SDD compliance certificate for year ended March 31, 2026, confirming full compliance. | [Structural Digital Database 25 May 2026 - Baweja Studios filed SDD compliance certificate for year ended March 31, 2026, confirming full compliance.](https://nsearchives.nseindia.com/corporate/BAWEJA_25052026161541_SDD_Compliance_Certificate_Signed.pdf) |
| 25 March 2026 - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results announcement. | [Trading Window 25 March 2026 - Trading window closed from April 1, 2026 until 48 hours after audited FY2026 results announcement.](https://nsearchives.nseindia.com/corporate/BAWEJA_25032026121710_Closure_of_Trading_Window_Signed.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/SME_AR_31791_BAWEJA_2025_2026_A_3145444_07092026205306.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28789_BAWEJA_2024_2025_A_6602505_06092025174127.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25422_BAWEJA_2023_2024_0209202416226.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1f2bef2b-f24c-4e5a-8520-530187b1cb9a.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bc15bbab-f360-4310-900a-11764a83bb9b.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/3d7ce337-c367-4f0e-92ee-91829987cd1f.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/506808/74753506808.pdf) |
| from bse | [Financial Year 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/506808/69255506808.pdf) |
| from bse | [Financial Year 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/506808/65007506808.pdf) |
| from bse | [Financial Year 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/506808/5068080319.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 2026-09-13T18:45:57.332Z.