99.91 per cent publicly owned company with a stock price under Rs 60: 'Vicky Vidya ka Woh wala video' movie upcoming; Rs 200,00,00,000 revenue likely!

The shares of the company have a PE of 46.2x, an ROE of 12.6 per cent and an ROCE of 16.8 per cent.

Thinkink Picturez Limited announced a new movie project, "Vicky Vidya ka Woh wala video".

Project Overview: "Vicky Vidya ka Woh wala video", featuring the stellar cast of Rajkumar Rao and Tripti Dimri, Mallika Sherawat and Vijay Raaj is set to be a landmark release in our portfolio. Directed by the talented Mr Raaj Shaandilyaa who has directed Dreamgirl and Dreamgirl 2, co-founder of Thinkink Picturez Ltd, this movie represents a collaborative effort with industry giants T Series, Balaji Telefilms Ltd and Wakaoo Films.

Production Timeline: The shooting is on track for completion by mid-April 2024, with the release planned towards the year-end. This schedule aligns with its strategic goals and market dynamics, ensuring optimal visibility and audience engagement.

Financial Expectations: The company projections for "Vicky Vidya ka Woh wala video" are optimistic, with an expected box office collection of up to Rs 200 crore. Thinkink Picturez Ltd is poised to benefit significantly from this venture, securing a Rs 6 crore writing and direction fee, 20 per cent IP rights and a share in the profits.

This project underscores our commitment to enhancing shareholder value through strategic content creation and partnerships. They are confident that the success of the "Vicky Vidya ka Woh wala video" will reflect positively on our financial performance and market standing.

Additionally, Thinkink Picturez Limited (Scrip Code: 539310) is holding a board meeting on Friday, March 15, 2024, to discuss a stock split, issuing bonus shares, and potentially declaring an interim dividend of up to Rs 3 per share.

Established in 2008, Thinkink Picturez is a prominent player in Indian media and entertainment, specialising in creating unique and diverse content across film, TV shows, and web series. Their comprehensive services encompass the entire film production process, from script selection and financing to post-production, while also offering script development, TV production, and web series ventures. Backed by successful projects like "Janhit Mein Jaari" and the "Dream Girl" franchise, their collaborative spirit and commitment to engaging content have cemented their position in the evolving Indian media landscape.

Today, shares of Thinkink Picturez Limited hit a 20 per cent lower circuit of Rs 58.15 per share from its previous closing of Rs 72.68 with an intraday high of Rs 73.90 and an intraday low of Rs 58.15. The stock is down by 51 per cent from its 52-week high of Rs 118.95 per share while the stock also hit a 52-week low of Rs 58.15 per share today.

The company has a market cap of over Rs 170 crore and the company has a very less debt of Rs 0.44 crore constituting less than 1% of its market cap. As of December 2023, foreign institutional investors (FIIs) hold a negligible stake of 0.09 per cent, while public investors own the remaining 99.91 per cent.

The shares of the company have a PE of 46.2x, an ROE of 12.6 per cent and an ROCE of 16.8 per cent. From Rs 28.85 to Rs 73.27 per share, the stock gave multibagger returns of 215 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.