BSE: 540874
7SEAS ENTERTAINMENT LIMITED
Develops and publishes video games under a single Gaming Software segment. In FY26, revenue from operations grew 23% year-on-year to ₹20.12 crore, with net profit at ₹2.23 crore. The company released a multiplayer feature for its World Cricket Champions League title and added 10 games to the Jio Games platform, while planning three new titles (Treasure King, Formula Rush, and an upgraded simulation game) for release before Christmas 2026. It is expanding into AI-powered game development and AI-driven cinematic content, including the short film 'Sand and Fire' which was recognised at the LK International Short Film Festival 2026. Employee cost is the largest expense line at 49.7% of revenue, followed by other operating expenses at 34.1% and depreciation at 5.2%. In February 2026 the company raised ₹17.32 crore via a preferential issue, earmarked for working capital, new project investments, and acquisition of office premises. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Gaming Software. Small, people-driven, asset-light digital game publisher
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 51,645 | 5,52,208 | 12 | 16 | 20 |
| EBITDA (ex other income) | (34,709) | 57,695 | 2 | 2 | 3 |
| margin % | (67.2) | 10.4 | 13.9 | 14.0 | 16.2 |
| Owners' profit | 2,472 | 53,232 | 1 | 2 | 2 |
| EPS, as reported (₹) | 0.02 | 0.35 | 0.52 | 0.75 | 0.96 |
| ROE % · ROCE % | (1.9) · (1.9) | (67.5) · (67.5) | 9.5 · 12.1 | 9.2 · 9.8 | 7.6 · 7.5 |
| Debt / equity (x) | (3.34) | (5.04) | 0.04 | 0.06 | 0.00 |
| Cash from operations | (2,57,075) | 50,672 | (3) | (4) | (5) |
| Capex | 0 | (1,40,106) | (2) | (4) | (2) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q1 FY25 | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4 | 4 | 4 | 5 | 5 | 5 | 5 | 5 |
| Profit before tax | 0 | 0 | 1 | 1 | 1 | 1 | 1 | 1 |
| Net profit | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| EPS (₹) | 0.12 | 0.18 | 0.21 | 0.24 | 0.24 | 0.24 | 0.25 | 0.25 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| NAZARA TECHNOLOGIES LTD | 14,813 | — | 4.17 | 25.6 | 2.3 | 8.6 | 32.1 | 7.8 |
| 7SEAS ENTERTAINMENT LIMITED ◆ | 238 | 105.1 | 8.11 | — | 7.6 | 7.5 | — | 20.9 |
| BODHI TREE MULTIMEDIA LTD | 108 | 13.3 | 1.24 | 8.4 | 9.1 | 12.6 | — | 13.5 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 105.1 | 31.7 | 26 of 29 | 11% |
| P/B | 8.1 | 1.0 | 46 of 47 | 2% |
| ROCE | 7.5 | 1.2 | 12 of 55 | 80% |
| ROE | 7.6 | 1.0 | 9 of 47 | 83% |
| Debt / Equity | 0.0 | 0.0 | 19 of 47 | 61% |
| EBITDA margin | 20.9 | 10.1 | 15 of 52 | 73% |
| Revenue growth | 13.9 | 0.6 | 12 of 49 | 77% |
| Profit growth | 11.3 | (18.0) | 19 of 50 | 63% |
| Market cap | 238 | 71 | 22 of 58 | 63% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 21 Oct 2026 · Formula Ride launches on Google Play and the App Store | business updates | medium | — | — |
| 14 Oct 2026 · Routine Reg 74(5) compliance certificate filed with BSE for Q2 FY27 | compliance | minimal | — | — |
| 12 Oct 2026 · 7Seas announces new mobile racing game Formula Ride | business updates | medium | — | — |
| 3 Oct 2026 · Scrutinizer Report: 35th AGM resolutions passed with requisite majority | compliance | minimal | — | — |
| 1 Oct 2026 · 7Seas Entertainment wins two awards at FICCI BAF Awards 2026 | business updates | medium | — | — |
| 30 Sept 2026 · 7Seas Entertainment holds 35th AGM, adopts FY26 financials | board shareholder meetings | low | — | — |
| 28 Sept 2026 · Trading window closed ahead of Q2 FY26 results | compliance | minimal | — | — |
| 8 Sept 2026 · Newspaper publication filing with BSE | compliance | minimal | — | — |
| 5 Sept 2026 · Record date fixed at 23 Sep 2026 for 35th AGM on 30 Sep 2026 | board shareholder meetings | low | — | — |
| 5 Sept 2026 · Book closure for 7SEAS Entertainment 35th AGM from Sep 24 to Sep 30, 2026 | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.