BSE: 531512
ORIENT TRADELINK LTD.
Acquires exclusive rights to films and sports events and monetizes them through distribution, marketing, and merchandising under a 'Spiritualainment' strategy blending spiritual content with mainstream entertainment. In FY26, revenue from operations stood at Rs 1,463.47 lakhs versus Rs 1,145.34 lakhs in FY25, with total revenue (including other income) of Rs 1,756.38 lakhs. The recent film acquisition 'Children of God' is slated for June 2026 release across theatrical, OTT, and digital platforms, while a Para Cricket League agreement covers an edition currently being held in Sri Lanka with telecast on PO Channel. The company is funding expansion via equity — about Rs 44.35 crore was raised through warrant conversions and preferential allotments in FY26, with portions deployed for working capital and business expansion. Costs are dominated by other operating expenses at 17.7% of revenue and employee costs at 7.3%, with no raw materials reported. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. Entertainment and content rights. Small, IP-rights acquisition-led entertainment company working in film and sports event properties
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 11 | 11 | 9 | 14 | 15 |
| EBITDA (ex other income) | 1 | 2 | 2 | 1 | (0) |
| margin % | 8.9 | 19.6 | 18.2 | 9.6 | (2.4) |
| Owners' profit | 1 | 1 | 0 | 1 | 1 |
| EPS, as reported (₹) | 0.67 | 0.79 | 0.14 | 0.72 | 0.62 |
| ROE % · ROCE % | 7.2 · 9.1 | 6.9 · 12.2 | 1.4 · 4.7 | 6.6 · 5.9 | 2.3 · 2.6 |
| Debt / equity (x) | 0.32 | 0.00 | 0.26 | 0.43 | 0.14 |
| Cash from operations | 0 | (0) | 2 | (2) | (44) |
| Capex | 0 | (1) | 0 | (0) | 0 |
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 | 3 | 3 | 4 | 4 | 5 | 3 | 3 | 4 |
| Profit before tax | 1 | 1 | 1 | (1) | 1 | 1 | 1 | 0 |
| Net profit | 1 | 1 | 0 | (1) | 0 | 0 | 0 | 0 |
| EPS (₹) | 0.45 | 0.45 | 0.40 | (0.90) | 0.30 | 0.26 | 0.11 | 0.02 |
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. % |
|---|---|---|---|---|---|---|---|---|
| PANORAMA STUDIOS INTL. L | 1,536 | 44.7 | 6.95 | 45.9 | 4.5 | 6.0 | 32.2 | 24.7 |
| JOJO LIMITED | 391 | 42.2 | 7.22 | 36.1 | 10.4 | 15.5 | — | 45.0 |
| VASHU BHAGNANI INDUSTRIES LIMI | 387 | 118.6 | 2.62 | 98.2 | 2.1 | 2.0 | 37.1 | (101.5) |
| Diksat Transworld Limited | 228 | 63.7 | — | — | — | — | 8.4 | — |
| BABA ARTS LTD. | 112 | 163.5 | 4.07 | — | 2.4 | 3.0 | — | 2.5 |
| PICTUREHOUSE MEDIA LTD. | 34 | 58.6 | — | 15.1 | (0.9) | 0.3 | 18.1 | 27468.3 |
| MEDIAONE GLOBAL ENTERTAINMENT | 22 | — | — | — | 228.8 | (12.4) | — | (271.2) |
| JMD Ventures Limited | 20 | — | 0.59 | — | (3.4) | (3.3) | — | (1021.0) |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 6.5 | 44.7 | 2 of 11 | 90% |
| P/B | 0.3 | 1.2 | 1 of 14 | 100% |
| ROCE | 2.6 | 1.2 | 6 of 19 | 72% |
| ROE | 2.3 | 1.8 | 6 of 14 | 62% |
| Debt / Equity | 0.1 | 0.0 | 12 of 14 | 15% |
| EBITDA margin | 8.4 | 2.5 | 6 of 13 | 58% |
| Revenue growth | (15.2) | (20.2) | 6 of 13 | 58% |
| Profit growth | 107.5 | (44.7) | 3 of 13 | 83% |
| Market cap | 17 | 15 | 9 of 19 | 56% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 15 Oct 2026 · Routine compliance filing regarding share dematerialization certificate for Q2 FY27 | compliance | minimal | — | — |
| 1 Oct 2026 · Orient Tradelink 32nd AGM voting results: all 4 resolutions passed | board shareholder meetings | low | — | — |
| 30 Sept 2026 · Company Secretary Priya Aggarwal resigns | management changes | medium | — | — |
| 30 Sept 2026 · Company Secretary Priya Aggarwal resigns from Orient Tradelink | management changes | medium | — | — |
| 30 Sept 2026 · 32nd AGM proceedings - 4 resolutions transacted, FY26 accounts adopted | board shareholder meetings | low | — | — |
| 23 Sept 2026 · Trading window closed for Q2 and H1 FY26 results | compliance | minimal | — | — |
| 14 Sept 2026 · Orient Tradelink acquires 7-year commercial rights for film Children of God | strategic transactions | medium | — | — |
| 10 Sept 2026 · Orient Tradelink publishes 32nd AGM notice and e-voting details in newspapers | compliance | minimal | — | — |
| 8 Sept 2026 · Orient Tradelink 32nd AGM scheduled for 30 Sept 2026 via video conferencing | board shareholder meetings | low | — | — |
| 8 Sept 2026 · Book closure for AGM from Sept 24 to Sept 30, 2026 | corporate actions | 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.