Thread by @ChintanParikh10

#phantomfx
Please note i am already holding this.
Biz
- 500 Emp
- operates a full-fledged creative VFX studio, offer end-to-end services to production houses encompassing services like Completing a Shot with final compositing, Creating 3D elements,

1/n

Biz
photo real creatures, & environments, Rig/Wire removal, paint clean-up, rotoscopy,
3D match move, 3D animation (storyboard & animation), Pre-visualization Game cinematics , Fire/water Fx & other natural phenomena 3D ride animation for commercials, films, & Web series
2/n

Biz
- PDEL operates globally in USA and Canada through agencies and have 2 operating studios in Mumbai & Chennai.
- PDEL has been endorsed as an Amazon-approved VFX studio and Walt Disney Vendor Evaluation program in Dec 22
- DNEG approved PDEL as an Outsourcing Vendor

3/n

Biz
- For Netflix, first go to vendor in India
- 3rd office opened in Chennai dec 22
- promoter started vfx in 2011

Lots & other Info
- 2553 Lots with public
- Pre Issue Share Holding87.38%
- Post Issue Share Holding63.92%

4/n

Lots
- 10% shares issued to Rajasthan Global Sec pre-IPO - 8,99,000
- 80 core team members are awarded with company shares

Good
- Increasing Revenue, YTM values for 9M Dec22 qtr is more than FY22 revenue
- OPM, NPM expansion in YTM values for 9M Dec22 qtr vs FY2

5/n

Good
-EPS growth is good, PE for FY23 will be below 15

Bad
- 90% of biz came from top 5 in Jun 22

conclusion:
i think this is a very good company to hold for med to long term. company if improves its cash flow and international films %, it will be wonderful.

@NixRishibhan @RiyankArora_ @Rel_Momentum request you to kindly share the technical for this