Sunshine Picture Share Price & Stock Analysis

Quick Answers

What is the Sunshine Picture share price today? Sunshine Picture is currently listed and trading. Check our charts for the latest listing performance.

Is Sunshine Picture a good stock to buy? Review our AI forensic scores and fundamental analysis for Sunshine Picture to understand the underlying financial health.

Key Stock Information

ViewIPO AI Analysis Score

The Sunshine Picture Stock scored 46/100 (High Risk) in our deep analysis.

Frequently Asked Questions

What does Sunshine Pictures Ltd do?

Sunshine Pictures Ltd is an Indian media production house engaged in script development, production, co-production, marketing, and distribution of feature films, TV serials, OTT web series, and music videos.

Who is the MD/CEO of Sunshine Pictures Ltd?

The company is led by Mr. Vipul Amrutlal Shah, who serves as the Managing Director and Chief Executive Officer.

What is the issue size and price band for Sunshine Pictures IPO?

The IPO issue size is Rs 282 crore with a price band of ₹342 to ₹360 per equity share and a minimum lot size of 41 shares.

How will Sunshine Pictures Ltd use the IPO proceeds?

The net proceeds from the fresh issue segment will be used to fund working capital requirements (Rs 112.50 crore) and for general corporate purposes.

What are the key financial risks associated with Sunshine Pictures Ltd?

Key risks include declining annual revenue (from Rs 133.80 Cr in FY24 to Rs 74.44 Cr in FY26), negative operating cash flow of Rs 33.21 Cr in FY26, high client concentration, production delay risks, and pending tax proceedings worth Rs 31.74 crore.

What are the important dates for the Sunshine Pictures IPO?

The IPO opens on August 18, 2026, and closes on August 20, 2026. The allotment date is scheduled for August 21, 2026, with a tentative listing date of August 25, 2026.

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Sunshine PictureNSE / BSE:

Analyzed by ViewIPO Financial Research Team
Media & EntertainmentIndiaFiled 2026-08-18Listed 2026-08-25Size Pending Data
Lot Size 41
Listing Price ₹410
Listing Return
₹35.89 (+9.97%)
Live Subscription
105.34x Total
Check Allotment
Status Link

Is Sunshine Picture a Good Stock? Quick Verdict

Sunshine Picture IPO scored 46/100 (High Risk) in our deep analysis. The strongest pillar is Dilution at 60/100, while Financial is the primary concern at 35/100. Sunshine Pictures Ltd demonstrates strong intellectual property and blockbuster delivery capabilities, but carries high volatility due to declining multi-year revenues, high customer concentration, and negative operating cash flows.

Stock Score
46/100
High Risk

Quick Verdict

Extensive track record with 13 commercial films produced, including high-ROI blockbusters like The Kerala Story.
Strategic co-production alliances with major studios like Jio Studios and OTT platforms like Amazon Seller Services.
Revenue from operations has declined steadily from Rs 133.80 crore in FY24 to Rs 74.44 crore in FY26.
Turned cash negative with Rs 33.21 crore operating cash outflow in FY26 due to tied-up inventory and receivables.
High customer concentration with top 5 customers accounting for up to 99.83% of consolidated revenue.

Company Snapshot

Revenue (TTM)
₹74.44Cr↑ -27.96% YoY
Profitability
—Pending Data
Gross Margin
— 
Market Cap
—Pending Data
Issue Size
— 
Industry
Media & Entertainment 
P/E Ratio
—Pending Data

Risk Breakdown

Governance
45
Expensive
Financial
35
High Risk
Valuation
50
Expensive
Competition
35
High Risk
Dilution
60
Moderate
Promoter / Mgmt
60
Moderate

AI Summary

Sunshine Pictures Ltd is a premier Indian media and entertainment production house founded in 2007 by Mr. Vipul Amrutlal Shah. The company specializes in creating, producing, co-producing, and distributing commercial feature films, television serials, web series, and digital music content. While Sunshine Pictures Ltd has generated notable blockbusters like The Kerala Story and the Commando franchise, it faces financial headwinds from declining revenues over the past three fiscal years and negative operating cash flows of Rs 33.21 crore in FY26.

Overall Verdict: Sunshine Pictures Ltd demonstrates strong intellectual property and blockbuster delivery capabilities, but carries high volatility due to declining multi-year revenues, high customer concentration, and negative operating cash flows.

Key Highlights

  • •Incorporated in 2007 by prominent filmmaker Mr. Vipul Amrutlal Shah.
  • •Portfolio includes 13 commercial films, 2 web series, 3 television serials, and original digital/music content.
  • •The Kerala Story delivered Rs 147.04 crore in revenue for the company and emerged as a top ROI blockbuster in 2023.
  • •Operates across both self-produced projects (retaining 100% IP rights) and co-productions (fixed fee plus profit share).
  • •Net fresh issue proceeds of Rs 112.50 crore are dedicated to funding working capital requirements.
  • •Involved in 8 tax proceedings amounting to Rs 31.74 crore alongside public content litigation.

Financial Performance

Revenue (Annual)

↓ -28.0% YoY

INR in Crores

Net Income (Annual)

Profitability

INR in Crores

Cash Flow vs Profit

Cash Flow YoY

INR in Crores

CF
NP

EBITDA vs PAT

EBITDA YoY

INR in Crores

EBITDA
PAT
Data not reported in RHP

Listing Timeline

IPO Opens2026-08-18
IPO Closes2026-08-20
Basis of Allotment2026-08-21
Refunds & Demat2026-08-22
Listing Date2026-08-25

Valuation Analysis

Issue Price₹360
Estimated Fair Value
Pending Data
Valuation Premium
Pending
vs Fair Value

Stock DNA

Growth
35
Governance
45
Profitability
35
Valuation
50
Competition
35
Execution
60

Pros vs Cons

Pros

  • Demonstrated execution capability with multiple successful film franchises including Force, Commando, Holiday, and The Kerala Story.
  • Dual model of self-production and co-production provides IP ownership upside alongside risk-mitigated fixed-fee streams.
  • In-house content development, editing, and flexible actor fee structures ensure disciplined cost control.
  • Growing presence in high-margin ancillary streams such as music publishing (Sunshine Music) and digital media (Sunshine Digital).

Cons

  • Revenue from operations has shown a consistent drop over 3 years from Rs 133.80 crore (FY24) to Rs 74.44 crore (FY26).
  • Extreme reliance on top 5 clients, contributing up to 99.83% of consolidated revenues in FY25.
  • Negative operating cash flow of Rs 33.21 crore in FY26 due to accumulation of inventory and delayed trade receivables.
  • Exposure to regulatory, legal, and tax liabilities, including Rs 31.74 crore across 8 pending direct/indirect tax proceedings.

Financial Health

Revenue Growth
Decline from Rs 133.80 Cr (FY24) to Rs 74.44 Cr (FY26) (Weak)
Debt Level
Undisclosed (Moderate)
Cash & Equivalents
-Rs 33.21 Cr Operating Cash Flow (FY26) (Weak)

Institutional Signals

Anchor Investors
Undisclosed
VC Backing Tier
Undisclosed
Strategic Partners
Tier 1 (Jio Studios, Amazon Seller Services)

Sunshine Picture IPO Reddit Pulse & Sentiment

Real-time Reddit discussions & retail sentiment

No Public Data Available

We couldn't find any significant public discussions or retail sentiment threads for this IPO at the moment.

Disclaimer: These are raw community discussions aggregated from public forums. The AI summary and Reddit comments do not constitute financial advice. Always conduct your own independent research.

Sunshine Picture Stock — Frequently Asked Questions

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Market Terminology Explained

Confused by terms like GMP, Kostak, or Subject to Sauda? Read our detailed guides in the IPO Glossary to understand the terminology before you invest.

Grey Market Premium (GMP)Subject to SaudaASBAOffer for Sale (OFS)
View Full Glossary

Source Citation: All financial data and risk metrics are derived from the official prospectus filed with the regulator (SEBI DRHP/RHP). ViewIPO algorithms process this public data for informational purposes. Not financial advice.

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Frequently Asked Questions about Sunshine Picture

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