B.A.G. Films & Media Ltd. (BAGFILMS) AI Stock Analysis

• Market Cap: ₹1.10B
• Dividend Yield: N/A
• Average Volume (3M): 29.81K
• Price to Earnings (P/E): 16.2
• Beta (1Y): 1.03
• Revenue Growth: 10.86%
• EPS Growth: 249.20%
• Country: IN
• Employees: 23
• Sector: Communication Services
• Sector Strength: 97
• Industry: Broadcasting
• EPS (TTM): 0.02
• Shares Outstanding: 197,918,090
• 10 Day Avg. Volume: 22,580
• 30 Day Avg. Volume: 29,808
• PEG Ratio: 0.33
• Price to Book (P/B): 0.71
• Price to Sales (P/S): 0.82
• P/FCF Ratio: 59.82
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 53 Neutral
• Price Target: ₹5.50 ▼(-10.86% Downside)

B.A.G. Films & Media Ltd. has a moderate stock score driven by mixed financial performance and bearish technical indicators. While profitability and leverage have improved, inconsistent revenue growth and cash flow volatility are concerns. The stock's valuation is moderate, but the lack of a dividend yield and bearish technical signals weigh on the overall score.

Positive Factors

High gross profit margin

A gross margin above 100% indicates strong pricing power and tight production cost control. This durable margin cushion helps absorb hit-driven revenue swings typical in media, supports reinvestment into content, and underpins sustainable profitability over the medium term.

Reduced leverage

Significantly improved debt-to-equity lowers financial risk and interest burden, increasing flexibility to fund productions or strategic partnerships without overreliance on external capital. Stronger balance sheet resilience supports multi-quarter planning and downturn absorption.

Stronger free cash flow generation

Improved free cash flow relative to net income signals better cash generation from operations, enabling content investment, working capital coverage, and potential de-risking of financing. Consistent FCF supports long-term execution of production pipelines and partnerships.

Negative Factors

Inconsistent revenue growth

Lumpy and inconsistent revenue undermines predictability of earnings and cash available for content investment. For a content-driven business, hit-dependent sales create planning challenges, complicate capacity utilization and make multi-quarter margin stability harder to sustain.

Low operating cash conversion

A low conversion of net income into operating cash indicates earnings may not be readily liquid, increasing reliance on external financing or working capital to fund productions. This weakens resilience to box-office or distribution setbacks over several quarters.

Limited internal scale

A small employee base limits internal production bandwidth and breadth of in-house capabilities, constraining the firm's ability to scale multiple projects or rapidly expand content output. Growth may remain dependent on outsourcing or partner capacity over the medium term.

B.A.G. Films & Media Ltd. Business Overview & Revenue Model

Company Description

B.A.G. Films and Media Limited, together with its subsidiaries, engages in the content production, distribution, and allied activities in India. It operates through Audio -Visual Production, Leasing, FM Radio, and Television Broadcasting segments. The company operates News24, a national Hindi free to air news channel; and E24, a Bollywood entertainment channel. It also operates FM radio stations under the name of Dhamaal24 in the cities of Hissar, Karnal, Patiala, Ranchi, Muzaffarpur, Dhule, Jalgaon, Ahemednagar, Simla, and Jabalpur. B.A.G. Films and Media Limited was incorporated in 1993 and is based in Noida, India.

How the Company Makes Money

BAGFILMS generates revenue through multiple streams, primarily from the production and distribution of films and television content. The company earns money from box office sales, television broadcasting rights, and digital streaming deals. Additionally, it may generate revenue through syndication of its television shows to various networks and platforms, merchandising associated with its productions, and advertising partnerships. Significant partnerships with broadcasters and streaming platforms enhance its earnings potential, allowing BAGFILMS to monetize its content across different channels effectively.

B.A.G. Films & Media Ltd. Financial Statement Overview

Summary

B.A.G. Films & Media Ltd. shows mixed financial performance with strong profitability improvements and reduced leverage. However, inconsistent revenue growth and cash flow volatility are concerns.

Income Statement

B.A.G. Films & Media Ltd. has shown a strong improvement in its gross profit margin, reaching over 100% in the latest year, indicating efficient cost management. The net profit margin has also improved, reflecting better profitability. However, revenue growth has been inconsistent, with fluctuations over the years. The EBIT and EBITDA margins are healthy, suggesting operational efficiency, but the company needs to stabilize its revenue growth for sustained performance.

Balance Sheet

The company's debt-to-equity ratio has significantly improved, indicating reduced leverage and better financial stability. Return on equity has shown positive growth, although it remains modest. The equity ratio suggests a strong capital structure, but the company should continue to focus on enhancing shareholder returns.

Cash Flow

Cash flow metrics indicate some volatility, with a notable improvement in free cash flow growth. The operating cash flow to net income ratio is low, suggesting potential challenges in converting income into cash. The free cash flow to net income ratio is strong, indicating efficient cash generation relative to net income. Continued focus on cash flow stability is recommended.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	1.39B	1.36B	1.32B	1.12B	1.21B	1.00B
Gross Profit	1.53B	1.52B	698.54M	586.37M	928.52M	827.07M
EBITDA	254.09M	247.27M	232.63M	133.01M	216.90M	62.55M
Net Income	66.34M	62.09M	39.83M	-16.80M	27.76M	-117.17M
Balance Sheet
Total Assets	0.00	3.98B	3.79B	3.84B	3.82B	3.72B
Cash, Cash Equivalents and Short-Term Investments	113.79M	962.55M	101.08M	63.37M	227.02M	150.58M
Total Debt	0.00	1.20B	1.08B	1.25B	1.34B	1.39B
Total Liabilities	-2.18B	1.80B	1.71B	1.89B	1.85B	1.87B
Stockholders Equity	2.18B	1.57B	1.51B	1.41B	1.43B	1.33B
Cash Flow
Free Cash Flow	0.00	18.56M	151.44M	-65.64M	-122.53M	-210.19M
Operating Cash Flow	0.00	24.46M	192.14M	-52.68M	-112.06M	-197.03M
Investing Cash Flow	0.00	41.96M	-23.20M	-4.17M	277.99M	11.27M
Financing Cash Flow	0.00	-53.72M	-131.23M	-106.80M	-89.49M	-127.54M

B.A.G. Films & Media Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 6.17
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BAGFILMS, the sentiment is Negative. The current price of 6.17 is above the 20-day moving average (MA) of 5.94, below the 50-day MA of 6.19, and below the 200-day MA of 6.70, indicating a bearish trend. The MACD of -0.22 indicates Positive momentum. The RSI at 25.28 is Positive, neither overbought nor oversold. The STOCH value of 16.04 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BAGFILMS.

B.A.G. Films & Media Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	60 Neutral	$48.67B	4.58	-11.27%	4.14%	2.83%	-41.78%
BAGFILMS	53 Neutral	₹1.10B	16.16	―	―	10.86%	249.20%
SABTNL	51 Neutral	₹42.02B	-414.30	―	―	―	―
RAJTV	48 Neutral	₹2.00B	-55.75	―	―	―	―
ZEEMEDIA	47 Neutral	₹4.91B	-5.84	―	―	3.58%	18.64%
NDTV	45 Neutral	₹9.23B	-2.14	―	―	19.53%	-138.48%
TVVISION	44 Neutral	₹259.59M	-0.81	―	―	-47.18%	-11.30%

B.A.G. Films & Media Ltd. Corporate Events

B.A.G. Films & Media Ltd. Releases Financial Results for September 2025

B.A.G. Films & Media Ltd. announced the publication of its un-audited standalone and consolidated financial results for the quarter and six months ending September 30, 2025. This disclosure, in compliance with SEBI regulations, reflects the company’s commitment to transparency and provides stakeholders with insights into its financial performance, potentially impacting its market positioning and investor relations.

B.A.G. Films & Media Ltd. Announces Trading Window Closure Ahead of Financial Results

B.A.G. Films & Media Ltd. has announced the closure of its trading window in compliance with SEBI regulations, ahead of a board meeting scheduled for November 12, 2025. The meeting will address the approval of the company’s unaudited financial results for the quarter and six months ending September 30, 2025. This move is part of the company’s adherence to insider trading regulations, impacting designated persons and their relatives by restricting their trading activities until November 14, 2025.