---
title: "Phantom Digital Effects Ltd (PHANTOMFX) — Share Price, Financials & Analysis"
symbol: "PHANTOMFX"
company: "Phantom Digital Effects Ltd"
canonical: "https://tapetide.com/stocks/PHANTOMFX"
isin: "INE0MLZ01019"
nse_symbol: "PHANTOMFX"
sector: "Media"
industry: "Media & Entertainment"
market_cap_cr: 184.31
generated_at: "2026-09-13T19:51:53.284Z"
---

# Phantom Digital Effects Ltd (PHANTOMFX)

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

## Company

- **NSE Symbol:** PHANTOMFX
- **ISIN:** INE0MLZ01019
- **Sector:** Media
- **Industry:** Media & Entertainment
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2022-10-21
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** phantomfx.com

## About

Incorporated in 2016, Phantom Digital Effects Ltd provides Visual effects to films, web series, and commercials[1]

## Latest Price

- **Price:** ₹112.35
- **Change:** -3.4 (-2.94%)
- **Open:** ₹116.55
- **Day High:** ₹117.5
- **Day Low:** ₹106.25
- **Previous Close:** ₹115.75
- **Volume:** 43800
- **As Of:** 2026-09-11T10:01:41+00:00

## Key Fundamentals

Observed at 2026-09-11T04:52:15.374921Z.

- **Market Cap:** ₹184.31 Cr
- **Classification:** SME
- **P/E (reported):** 9.1
- **Book Value:** ₹141.27
- **Price to Book:** 0.82
- **Dividend Yield:** 0%
- **ROE:** 12.25%
- **ROCE:** 17.99%
- **Debt to Equity:** 0.25
- **Revenue (yearly):** ₹104.4 Cr
- **Net Income:** ₹20.2 Cr
- **EBITDA:** ₹39.7 Cr
- **52-Week High:** ₹311
- **52-Week Low:** ₹112
- **RSI (14):** 35.12

## Tapetide Score

- **Score:** 48 / 100
- **Score date:** 2026-09-04
- **Archetype:** Cheap but Weak
- **What it means:** A low multiple sitting on weak financials. Worth establishing what the market is discounting before treating the low valuation as an opportunity — weak fundamentals often justify it.
- **Pillar profile:** Quality: Weak · Valuation: Cheap · Momentum: Falling
- **Percentile:** 39.4 (of 4473 scored stocks)
- **Confidence:** 98%
- **Data coverage:** 95%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 78.83 | 9% |
| growth | 61.76 | 9% |
| momentum | 5.93 | 12% |
| ownership | 48.84 | 24% |
| quality | 39.58 | 22% |
| valuation | 61.14 | 24% |

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

## Key Insights

### Strengths

- Stock is trading at 0.51 times its book value

### Weaknesses

- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 307 days.
- Promoter holding has decreased over last 3 years: -20.0%

## Growth Rates

| Metric | QoQ | 1Y | 5Y |
| --- | --- | --- | --- |
| cash flow growth | — | 65.28% | -212.37% |
| ebitda margin growth | -50% | -11.27% | — |
| net income growth | -64.52% | -16.18% | — |
| revenue growth | -65.67% | 15.49% | — |
| roce | -59.55% | -20.43% | — |
| roe | -65.06% | -26.47% | — |

## Financial Statements

### Quarterly Results

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

| Item | Sep 2023 | Sep 2024 | Mar 2025 | Sep 2025 |
| --- | --- | --- | --- | --- |
| Sales | 41 | 36 | 67 | 85 |
| Expenses | 25 | 20 | 44 | 60 |
| Operating Profit | 16 | 15 | 22 | 25 |
| OPM % | 38 | 43 | 33 | 30 |
| Other Income | 0 | 1 | 1 | 3 |
| Interest | 1 | 2 | 2 | 2 |
| Depreciation | 2 | 3 | 4 | 3 |
| Profit before tax | 14 | 11 | 17 | 23 |
| Tax % | 24 | 27 | 29 | 11 |
| Net Profit | 10 | 8 | 12 | 21 |
| EPS in Rs | 8.93 | 6.09 | 8.79 | 12.99 |

### Profit & Loss

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

| Item | Mar 2024 | Mar 2025 |
| --- | --- | --- |
| Sales | 89 | 102 |
| Expenses | 51 | 64 |
| Operating Profit | 38 | 38 |
| OPM % | 43 | 37 |
| Other Income | 1 | 2 |
| Interest | 2 | 5 |
| Depreciation | 5 | 8 |
| Profit before tax | 33 | 28 |
| Tax % | 26 | 28 |
| Net Profit | 24 | 20 |
| EPS in Rs | 17.76 | 14.88 |
| Dividend Payout % | 0 | 0 |

### Balance Sheet

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

| Item | Mar 2024 | Mar 2025 |
| --- | --- | --- |
| Equity Capital | 14 | 14 |
| Reserves | 131 | 151 |
| Borrowings | 21 | 42 |
| Other Liabilities | 14 | 21 |
| Total Liabilities | 180 | 228 |
| Fixed Assets | 18 | 19 |
| CWIP | 15 | 12 |
| Investments | 0 | 0 |
| Other Assets | 147 | 197 |
| Total Assets | 180 | 228 |

### Cash Flow

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

| Item | Mar 2024 | Mar 2025 |
| --- | --- | --- |
| Cash from Operating Activity | -54 | -19 |
| Cash from Investing Activity | -20 | 3 |
| Cash from Financing Activity | 89 | 17 |
| Net Cash Flow | 14 | 1 |
| Free Cash Flow | -82 | -24 |
| CFO/OP | -122 | -40 |

### Ratios

| Item | Mar 2024 | Mar 2025 |
| --- | --- | --- |
| Debtor Days | 207 | 307 |
| Cash Conversion Cycle | 207 | 307 |
| Working Capital Days | 349 | 427 |
| ROCE % | — | 18 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 63.92% | 63.92% | 54.79% | 54.79% | 54.74% | 54.74% | 44.83% | 43.95% | 43.95% |
| FIIs | 0% | 0% | 8.76% | 4.92% | 2.59% | 0% | 1.8% | 1.79% | 1.79% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.96% | 0.9% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 21.13% | 23.02% | 23.67% | 32.6% | 32.17% | 34.59% | 39.95% | 41.74% | 41.38% |
| Others | 14.95% | 13.06% | 12.78% | 7.68% | 10.49% | 10.67% | 13.42% | 11.55% | 11.98% |
| No. of Shareholders | 1078 | 1729 | 2359 | 4142 | 5551 | 4970 | 4726 | 4261 | 4194 |

## 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 / 6 / 11

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

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 116.01 | Sell |
| EMA (10) | 116.63 | Sell |
| SMA (20) | 120.05 | Sell |
| EMA (20) | 123.24 | Sell |
| SMA (50) | 150.9 | Sell |
| EMA (50) | 142.54 | Sell |
| SMA (100) | 168.82 | Sell |
| EMA (100) | 161.97 | Sell |
| SMA (200) | 193.75 | Sell |
| EMA (200) | 184.26 | Sell |

### Oscillators — summary: **Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 32.75 | Neutral |
| MACD (12,26,9) | -10 | Buy |
| Stochastic (14,3,3) | 22.05 | Neutral |
| ADX (14) | 39.44 | Buy |
| Williams %R (14) | -67.47 | Neutral |
| ATR (14) | 7.63 | High Volatility |
| ROC (12) | -5.03 | Sell |
| Stoch RSI (14) | 35.04 | Neutral |
| UO (7,14,28) | 49.63 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 9 May 2026 - Corrigendum to 14 May EGM notice revises CCD issue disclosures for ₹11,570 lakh preferential allotment to ZEE. | [Copy of Newspaper Publication 9 May 2026 - Corrigendum to 14 May EGM notice revises CCD issue disclosures for ₹11,570 lakh preferential allotment to ZEE.](https://nsearchives.nseindia.com/corporate/PHANTOM_09052026170707_Intimationcorrigndumnewspapersigned.pdf) |
| 9 April 2026 - Phantom Digital Effects Limited has informed about General Updates regarding Business. | [General Updates 9 April 2026 - Phantom Digital Effects Limited has informed about General Updates regarding Business.](https://nsearchives.nseindia.com/corporate/PHANTOM_09042026114535_Intimationbusinessupdatesigned.pdf) |
| 8 May 2026 - Corrigendum to EGM notice: preferential CCD issue up to ₹11,570 lakh to ZEE Entertainment, max 24.95% dilution. | [Corrigendum 8 May 2026 - Corrigendum to EGM notice: preferential CCD issue up to ₹11,570 lakh to ZEE Entertainment, max 24.95% dilution.](https://nsearchives.nseindia.com/corporate/PHANTOM_08052026191355_Intimationcorreigndumfinalupload.pdf) |
| 8 March 2026 - Tom Antony resigned as Independent Director of Phantom Digital Effects effective 28 Feb 2026; vacated multiple committee posts. | [Updates 8 March 2026 - Tom Antony resigned as Independent Director of Phantom Digital Effects effective 28 Feb 2026; vacated multiple committee posts.](https://nsearchives.nseindia.com/corporate/PHANTOM_08032026000150_Intimationindependentdirectorfinalsigned.pdf) |
| 8 March 2026 - PHANTOM DIGITAL EFFECTS LIMITED has informed about Resignation of Independent director. | [Resignation of Independent director 8 March 2026 - PHANTOM DIGITAL EFFECTS LIMITED has informed about Resignation of Independent director.](https://nsearchives.nseindia.com/corporate/PHANTOMFX_ROID_80187_KMP_Doc.zip) |
| 7 March 2026 - Phantom Digital Effects Limited has informed regarding Secretarial Compliance Certificate pertains to Migration of Company from SME Emerge to Main Board of NSE ''. | [Updates 7 March 2026 - Phantom Digital Effects Limited has informed regarding Secretarial Compliance Certificate pertains to Migration of Company from SME Emerge to Main Board of NSE ''.](https://nsearchives.nseindia.com/corporate/PHANTOM_07032026222051_Compliance_Report_Phantom.pdf) |
| 7 Aug - Board approved USD 2.7 million further investment in Milk Visual Effects Limited; AGM extension application and committee reconstitution. | [Outcome of Board Meeting 7 Aug - Board approved USD 2.7 million further investment in Milk Visual Effects Limited; AGM extension application and committee reconstitution.](https://nsearchives.nseindia.com/corporate/PHANTOM_07082026142603_Outcomeofboarmeetingsigned07082026.pdf) |
| 5 March 2026 - Management to meet analysts/investors virtually at Arihant Capital Conclave on 11 March 2026, 03:00 PM IST. | [Analysts/Institutional Investor Meet/Con. Call Updates 5 March 2026 - Management to meet analysts/investors virtually at Arihant Capital Conclave on 11 March 2026, 03:00 PM IST.](https://nsearchives.nseindia.com/corporate/PHANTOM_05032026211623_Intimationnseinevestormeetsignedfinal----.pdf) |
| 5 June 2026 - Promoter group disclosed 80.24 lakh pledged shares for FY2026; two pledges from Dec 2025 and Jan 2026 remain outstanding. | [Disclosure under SEBI Takeover Regulations 5 June 2026 - Promoter group disclosed 80.24 lakh pledged shares for FY2026; two pledges from Dec 2025 and Jan 2026 remain outstanding.](https://nsearchives.nseindia.com/corporate/team_sandeshc_23042026123954_Reg6.pdf) |
| 30 May 2026 - Filed SDD Compliance Certificate for FY ended March 31, 2026. | [Structural Digital Database 30 May 2026 - Filed SDD Compliance Certificate for FY ended March 31, 2026.](https://nsearchives.nseindia.com/corporate/PHANTOM_30052026162530_IntimationregulationSDDcertificateuploadFINAL.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Sep 2025 | [Concall - Sep 2025](https://nsearchives.nseindia.com/corporate/PHANTOM_23092025144100_Investor_presentationfnalsignedPHANTOM.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/PHANTOM_28112025234400_EarningCallPhantomtranscriptionnov25finalsigned.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://nsearchives.nseindia.com/corporate/PHANTOMFX_18112024162857_H1_Cover_Transcript_Final.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://nsearchives.nseindia.com/corporate/PHANTOMFX_27112023161012_PDELInvestormeetTranscriptNov23Sgd.pdf) |
| Nov 2022 | [Concall - Nov 2022](https://archives.nseindia.com/corporate/PHANTOMFX_24112022200112_TranscriptoftheEarningsCallforthequarterandhalfyearendedSeptember30,2022.pdf) |
| May 2023 | [Concall - May 2023](https://archives.nseindia.com/corporate/PHANTOMFX_23052023170723_InvestorPresentation.pdf) |
| Jun 2025 | [Concall - Jun 2025](https://nsearchives.nseindia.com/corporate/PHANTOM_09062025164008_Covering_Letter_Transcript2024-25.pdf) |
| Jun 2024 | [Concall - Jun 2024](https://nsearchives.nseindia.com/corporate/PHANTOMFX_05062024185819_SubmissionofTranscript.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://nsearchives.nseindia.com/corporate/PHANTOMFX_21022024120207_PDELInvestormeetTranscriptFeb24Signed.pdf) |
| Feb 2023 | [Concall - Feb 2023](https://archives.nseindia.com/corporate/PHANTOMFX_14022023191443_PHANTOM_DIGITAL_EFFECTS_LIMITED_IP.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/SME_AR_28944_PHANTOMFX_2024_2025_A_13275227_08092025185804.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/SME_AR_25943_PHANTOMFX_2023_2024_060920241292.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/SME_AR_23527_PHANTOMFX_2022_2023_05092023175203_09052023180032.zip) |

---

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 2026-09-13T19:51:53.284Z.