Rs 6,00,00,000 revenue likely: This film-making company and Producer Mohaan Nadaar’s - Bina Shakkar Ki Chai completes its first shooting schedule!

Kiran Shroff
/ Categories: Trending, Penny Stocks
Rs 6,00,00,000 revenue likely: This film-making company and Producer Mohaan Nadaar’s - Bina Shakkar Ki Chai completes its first shooting schedule!

From 0.18 to Rs 1.35 per share, the stock gave multibagger returns of 575 per cent in 3 years.

Teamo Productions HQ Limited (TPHQ), under the leadership of producer Mohaan Nadaar, completed the first shooting schedule of its latest cinematic endeavour, "Bina Shakkar Ki Chai," a film that intricately weaves together the myriad emotions that colour life's canvas. The ongoing project will cost about Rs 4 crore and is expected to generate approx. Rs 6 crore of revenue for the company. The shooting for the project will be completed by May 05, 2024. The movie is scheduled to be projected/showcased at vivid festival circuits starting 31st May 2024 and thereafter will be released across various platforms.

Mohaan Nadaar, Managing Director of Teamo Productions HQ Limited (TPHQ), expressed profound admiration for the directorial prowess of Sai Deodhar, affirming, "We are immensely proud of Sai Deodhar, whose directorial vision breathes life into this enchanting narrative. 'Bina Shakkar Ki Chai' is not just a story; it's a testament to the indomitable spirit of individuals who dare to dream. As we embark on this cinematic journey, we are thrilled to announce the successful completion of the first shooting schedule, setting the stage for what promises to be a truly captivating film experience."

Director Sai Deodhar, reflecting on the essence of the film, shared, "With 'Bina Shakkar Ki Chai, we aim to craft a poignant tale that resonates with audiences on a deeply human level. I am filled with gratitude for the dedication and talent of our ensemble cast and crew.” The cast comprises of the legendary Revathi, Seema Sajdeh, Rajesh Sharma, Shruti Prakash, Revathi Pillai (of Kota Factory fame) and Lalit Prabhakar, among others. Ketki Pandit, Co-Founder and Producer at TPHQ, said, "As we celebrate the completion of the first shooting schedule, we are excited to witness the magic unfold on screen, touching hearts and inspiring audiences." Shrabani Deodhar, CEO of TPHQ and National Award-winning filmmaker, commented, "We look forward to bringing this slice of life to audiences, reminding them that amidst life's challenges, joy and fulfilment can be found."

"Bina Shakkar Ki Chai" is a blend of laughter, tears, and introspection, inviting them to savour life's experiences, whether sweetened or unsweetened. The film commenced its shooting journey on April 8, 2024, at a picturesque location in Mumbai, adorned with a vintage charm and lush greenery, marking the completion of its first shooting schedule. The film has already started with the second schedule with Revathi and Seema Sajdeh.

Also Read: Artificial Intelligence (AI) revolutionizing healthcare: A look at the present and future!

Teamo Productions HQ Limited (formerly known as GI Engineering Solutions Limited) is now in the business of film production, distribution and allied businesses, in addition to its other conventional businesses. The company’s business activities include developing, producing, distributing, marketing and financing of all kinds commercial feature films, content Production, animation, graphics, CGI movies, AI-powered feature films, making OTT films, cine films, talkie films, telefilms, advertising films, documentaries, animation, TV Serials, music production, music composition, recording studio, advertisers and other allied & related activities in India and abroad.

Quarterly Results: The company reported revenue from operations of Rs 114.60 crore in Q4FY24 vs Rs 129.70 crore in Q3FY24 vs Rs 375.58 crore in Q4FY23. The net profit increased by 1,726.3 per cent to Rs 3.47 crore in Q4FY24 compared to 0.19 crore in Q3FY24 where the net profit increased by 142.7 per cent to Rs 3.47 crore in Q4FY24 compared to 1.43 crore in Q4FY23.

Annual Results: The company reported revenue from operations of Rs 457.96 crore in FY24 vs Rs 830.38 crore in FY23. The net profit increased by 69.4 per cent to Rs 4.88 crore in FY24 compared to Rs 2.88 crore in FY23.

On Tuesday, shares of Teamo Productions HQ Ltd hit a 5 per cent upper circuit to Rs 1.38 per share from its previous closing of Rs 1.32 with an intraday high of Rs 1.38 and an intraday low of Rs 1.35. The stock’s 52-week high is Rs 3.83 and its 52-week low is Rs 0.91. The company has a market cap of Rs 118.85 crore and working capital requirements have been reduced from 9,929 days to 15.1 days.

The company's shares have a PE of 36.1x whereas the industry PE is 20.6x with an ROE of 15 per cent and an ROCE of 17 per cent. From 0.18 to Rs 1.35 per share, the stock gave multibagger returns of 575 per cent in 3 years.

Disclaimer: The article is for informational purposes only and not investment advice. 

DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. This service is available as part of the "Festive Savings" combo offer discounted at 51%. Do download the service details here.

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