Penny Stock at Rs 1.16: TPHQ and Producer Mohaan Nadaar Celebrate Historic Cannes Success with "The Shameless” – Complete Details Inside!

From 0.32 to Rs 1.18 per share, the stock gave multibagger returns of 269 per cent in 3 years.

The Indian production company Teamo Productions HQ Limited (TPHQ) alongside Producer Mohaan Nadaar celebrate the triumph of their film "The Shameless" at the prestigious 77th Cannes Film Festival in France. The movie's leading actress, Anasuya Sengupta, etched her name in history by becoming the first Indian to win the Best Actress Award at Cannes. This impactful independent film, a collaborative effort between India, Switzerland, France, Bulgaria, and Taiwan, showcases TPHQ's exclusive distribution rights within India, Bangladesh, and Nepal. Directed by Bulgarian filmmaker Konstantin Bojanov, "The Shameless" captivated audiences and critics with its moving tale of resilience and forbidden love. The film's world premiere on May 17th, 2024, marked a significant achievement for independent cinema, securing a coveted position in the Un Certain Regard section of the festival.

The team behind "The Shameless" is basking in the afterglow of the film's successful premiere at Cannes. Producer Mohaan Nadaar expresses his gratitude for the incredible reception and highlights the tireless efforts of the cast and crew. He acknowledges Anasuya Sengupta's Best Actress win as a historic moment for Indian cinema. Actor Meeta Vashisht adds to the chorus of pride, calling the screening and Anasuya's win unforgettable.

Anasuya herself reflects on the surreal experience of receiving the award, overwhelmed by the industry's support and the culmination of her 15-year acting journey. Director Konstantin Bojanov sheds light on the film's inspiration, revealing its roots in the harsh realities faced by Devadasi women in India. He shares that the film originally began as a documentary project before evolving into the fictional narrative we see today.

The report concludes with a glimpse of the red-carpet scene at Cannes, where the entire team, including Mohaan Nadaar, Konstantin Bojanov, the cast, and crew, celebrated the film's international recognition. Producer Mohaan Nadaar signs off by expressing TPHQ's excitement to share this award-winning film with audiences worldwide.

Teamo Productions HQ Limited (formerly known as GI Engineering Solutions Limited) is now in the business of film production, distribution and allied businesses, in addition to its other conventional businesses. The company’s business activities include developing, producing, distributing, marketing and financing of all kinds commercial feature films, content Production, animation, graphics, CGI movies, AI-powered feature films, making OTT films, cine films, talkie films, telefilms, advertising films, documentaries, animation, TV Serials, music production, music composition, recording studio, advertisers and other allied & related activities in India and abroad.

Quarterly Results: The company reported revenue from operations of Rs 114.60 crore in Q4FY24 vs Rs 129.70 crore in Q3FY24 vs Rs 375.58 crore in Q4FY23. The net profit increased by 1,726.3 per cent to Rs 3.47 crore in Q4FY24 compared to 0.19 crore in Q3FY24 where the net profit increased by 142.7 per cent to Rs 3.47 crore in Q4FY24 compared to 1.43 crore in Q4FY23.

Annual Results: The company reported revenue from operations of Rs 457.96 crore in FY24 vs Rs 830.38 crore in FY23. The net profit increased by 69.4 per cent to Rs 4.88 crore in FY24 compared to Rs 2.88 crore in FY23.

Today, shares of Teamo Productions HQ Ltd gained 2.65 per cent to Rs 1.18 per share from its previous closing of Rs 1.16. The stock’s 52-week high is Rs 3.83 and its 52-week low is Rs 0.91. The company has a market cap of Rs 118.85 crore and working capital requirements have been reduced from 9,929 days to 15.1 days.

The company's shares have a PE of 36.1x whereas the industry PE is 20.6x with an ROE of 15 per cent and an ROCE of 17 per cent. From 0.32 to Rs 1.18 per share, the stock gave multibagger returns of 269 per cent in 3 years.

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