NSE: GRADIENTE
GRADIENTE INFOTAINMENT L
Produces and distributes digital entertainment content — music videos, vertical video series, and feature films — for Indian and global audiences. A planned digital push covers 100 vertical series for the OMNI-PRIME OTT platform and 100 music videos across YouTube, Jio-Saavn, Apple Music, Spotify, and Amazon Music, with an estimated production cost of about 20 crore rupees against expected revenue of about 34 crore rupees. Feature film work includes the women-centric 'Abhaya' in Hindi, Marathi, Tamil and Telugu, and a Presenter role on 'LGBT - A Legal Battle' under a 40% net-profit share with Sravya Films. Branded events include the 'GRADIENTE MISS SHE INDIA 2026' pageant (estimated cost 3.5 crore rupees, expected revenue 10 crore rupees) and sports-event collaborations that earn 'Co-Powered By' branding. Production-related inputs account for 76.3% of revenue. FY26 results carry an auditor qualified opinion citing unconfirmed balances, unexplained cash withdrawals, and internal-control gaps, with tax disputes exceeding 55 crore rupees pending. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Music videos and audio distribution, OTT content (OMNI-PRIME), Feature film production and presentation, Branded entertainment events, Model, influencer and event services. Asset-light content producer spanning digital video, OTT, film and live events.
Exhibit 1: Financial summary, FY26–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY26 |
|---|---|
| Revenue | 30 |
| EBITDA (ex other income) | 5 |
| margin % | 15.3 |
| Owners' profit | 3 |
| EPS, as reported (₹) | 0.09 |
| ROE % · ROCE % | 0.9 · 1.3 |
| Debt / equity (x) | 0.03 |
| Cash from operations | (1) |
| Capex | (0) |
Exhibit 2: Quarterly performance, last 2 quarters
| ₹ crore | Q4 FY26 | Q1 FY27 |
|---|---|---|
| Revenue | 14 | 17 |
| Profit before tax | 0 | 2 |
| Net profit | 0 | 1 |
| EPS (₹) | 0.10 | 0.04 |
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. % |
|---|---|---|---|---|---|---|---|---|
| TIPS MUSIC LIMITED | 10,163 | 47.4 | 39.10 | — | 83.4 | 110.1 | — | 55.7 |
| SAREGAMA INDIA LIMITED | 10,110 | 45.6 | 5.96 | 27.4 | 12.2 | 15.7 | 17.4 | 37.0 |
| NETWORK18 MEDIA & INV LTD | 3,722 | — | 0.75 | 35.9 | 3.1 | (2.8) | (14.7) | 2.3 |
| BALAJI TELEFILMS LIMITED. | 1,036 | — | 1.67 | — | (8.0) | (10.2) | (6.4) | 12.4 |
| ENTERTAIN NET. IND. LTD. | 391 | — | 0.52 | 5.2 | (1.0) | (3.4) | 15.7 | 15.4 |
| SHEMAROO ENTER. LTD. | 282 | — | 1.05 | — | (81.6) | (106.4) | 13.4 | (0.9) |
| MUSIC BROADCAST LIMITED | 183 | — | 0.41 | — | (12.0) | (11.8) | — | 38.4 |
| GRADIENTE INFOTAINMENT L ◆ | 59 | 12.7 | 0.19 | — | 0.9 | 1.3 | — | 10.9 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 12.7 | 22.0 | 2 of 5 | 75% |
| P/B | 0.2 | 0.9 | 1 of 11 | 100% |
| ROCE | 1.3 | (3.1) | 4 of 12 | 73% |
| ROE | 0.9 | (1.2) | 4 of 11 | 70% |
| Debt / Equity | 0.0 | 0.0 | 7 of 11 | 40% |
| EBITDA margin | 10.9 | 12.4 | 8 of 13 | 42% |
| Market cap | 59 | 183 | 8 of 13 | 42% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 24 Oct 2026 · September quarter and half-year FY27 unaudited results published | compliance | minimal | — | — |
| 23 Oct 2026 · Shiksha appointed Company Secretary and Compliance Officer | management changes | medium | — | — |
| 23 Oct 2026 · Sept 2026 results: revenue and profit rise sharply | results | high | — | — |
| 9 Oct 2026 · Filing of SEBI Regulation 74(5) certificate for Q2 FY26 | compliance | minimal | — | — |
| 30 Sept 2026 · New song YOU + I crosses 1 million YouTube views, trending | business updates | low | — | — |
| 30 Sept 2026 · AGM 2026: All 9 resolutions passed, USD 110M fundraise approved | compliance | minimal | — | — |
| 30 Sept 2026 · 34th AGM held: key items include USD 110M fund raise and Rs 1,500 Cr borrowing limit | board shareholder meetings | low | — | — |
| 30 Sept 2026 · 34th AGM held; USD 110M fundraise and Rs 1,500 Cr borrowing limit proposed | board shareholder meetings | low | — | — |
| 29 Sept 2026 · Gradiente Infotainment releases new music track 'Party at MG Road' | business updates | low | — | — |
| 29 Sept 2026 · Trading window closes Oct 1 ahead of Q2 results | compliance | minimal | — | — |
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.