Eros Group is a global player within the rapidly expanding Indian media and entertainment arena. Established in 1977, Eros has over three decades of market leadership in creating a global platform for Indian cinema. The group has an enviable distribution network that spans across 50 countries and over 27 dubbed foreign languages, with offices in India, UK, USA, Dubai, Australia, Fiji, Isle of Man and Singapore. Eros has built a successful business model by combining the release of a portfolio of over 70 new films every year with the exploitation of a valuable film library of over 2000 film titles, making it undisputed one of the largest content owners in the business.
The company during the year 2010, announced the conclusion of a music publishing deal with EMI whereby it will exploit their catalogue within South Asia and EMI will exploit theirs in the rest of the world. If the content on Bollywood movies is concerned currently company is lined with some 6 movies in next six month including Don 2, Rockstar and Desi Boyz involving top most star of the countries.
Financially the company has performed exceptionally well over last five year. The company has shown a CAGR of 47% in top line coming to 706 Cr in FY 11. On the other hand the bottom line of the company has shown a CAGR of 126 % which increased from 1.91 Cr in FY 07 to 114 Cr in FY 11. The EPS of the Company has grown from 3.69 to 12.93 in last five year which states the condition of the company. The Cash flow from operating activities has been steady in last five years which makes the company a stable bet.
The Debt/Equity ratio of the company has gradually come down from 2.7 in FY 07 to 0.5 which shows the calibre of the management in using the funds. The ROCE of the company is at 21.6% and it maintains an operating margin of 21.8%. Eros international is one of biggest production house company in India and with the films line up for next 12 months you cannot take eyes from this filmy dark horse.