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Open43
High43
Low42
Prev. Close43
Avg. Traded Price42.38
Volume14,000

MARKET DEPTH

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HIGH/LOW

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42.0010 hours ago
43.0010 hours ago
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LOWER/UPPER CIRCUITS

35.20
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Identical Brains Studios Ltd Stock performance
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KEY OBSERVATIONS

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positive
negative
neutral
noteAnnual Revenue,rose 26.49%, in the last year to ₹25.63 Cr. Its sector's average revenue growth for the last fiscal year was -5.88%.
notePrice to Earning Ratio,is 15.62, lower than its sector PE ratio of 27.88.
noteInterest Coverage Ratio,is 351.55, higher than 1.5. This means that it is able to meet its interest payments comfortably with its earnings (EBIT).
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Identical Brains Studios Limited was incorporated as a One Person Company under the name “Identical Brains (OPC) Private Limited” under the provisions of the Companies Act, 2013 vide certificate of incorporation dated February 04, 2019 issued by the Assistant Registrar of Companies, Central Registration Centre, Manesar. Further, the company was converted from a OPC to private limited company pursuant to a special resolution passed in the extraordinary general meeting of its shareholders held on April 02, 2021 and the name of the company was changed to “Identical Brains Private Limited” with a fresh Certificate of Incorporation dated July 08, 2021 issued by the RoC. Subsequently, the name of the company was changed to “Identical Brains Studios Private Limited” pursuant to a special resolution passed in the extraordinary general meeting of its shareholders held on March 22, 2024, consequent upon which, a fresh certificate of incorporation dated June 18, 2024 was issued by the Assistant Registrar of Companies, Central Registration Centre, Manesar. Thereafter, the company was converted from a private limited company to a public limited company, pursuant to a special resolution passed in the extraordinary general meeting of its shareholders held on June 21, 2024 and the name of the company was changed to “Identical Brains Studios Limited” with a fresh certificate of incorporation dated August 12, 2024, issued to the company by the Assistant Registrar of Companies, Central Registration Centre.Identical Brains Studios is a provider of computer-generated visual effects (VFX) services, offering comprehensive suite of VFX services in diverse range of projects such as films, web series, TV series, documentaries, and commercials. Its operations are currently from India and its customers include some of the leading film and content producers, including major Bollywood Studios. The company transforms the imagination, ideas, and words into captivating visual realities. The company’s team of qualified, creative and technical professionals collaborates to bring forth creations that elevate storytelling and captivate audiences worldwide. Whether it’s breathing life into fantastical creatures or seamlessly integrating Computer-generated imagery (CGI) elements into live-action footage, it is committed to pushing the boundaries of creativity and innovation in visual effects.The company has provided VFX services for films that have achieved significant industry recognition. Its portfolio includes upcoming projects like Tanaav 2, Criminal Justice 4, and completed projects include Khel Khel Mein, Murder in Mahim, Bad Cop, The Crew, Article 370, Mission Raniganj, Dream Girl 2, Adipurush, Indian 2, Rocket Boys, Bob Biswas, Kutch Express, Ek Villian Returns, Night Manager, Criminal Justice 3, Phone Bhoot, Satyamev Jayate 2, Angrezi Medium, Scam 1992: The Harshad Mehta Story, Good Newwz, Panipat and many more.Since 2019, the company has provided VFX services for films that has received two Filmfare OTT Awards nominations, one Filmfare Awards nomination, one Dadasaheb Phalke Awards nomination and one FOI Online Awards nomination for Best Visual Effects and has won two Filmfare OTT Awards for Best Visual Effects for Scam 1992: The Harshad Mehta Story (2020) and Rocket Boys (2022) in association with Variate Studios LLP and one Dadasaheb Phalke Awards for Phone Bhoot (2022) for Best Visual Effects.Business area of the companyThe company is primarily engaged in the business of providing visual effect services, films, video production, and distribution services to the industries.Awards, accreditations recognition2021: Received Filmfare OTT Awards for Best Visual Effects for web series - Scam 1992: The Harshad Mehta Story.2022: Received Filmfare OTT Awards for Best Visual Effects in association with Variate Studios LLP for web series - Rocket Boys.2023: Received Dadashaheb Phalke Award for Best Visual Effects for movie - Phone Bhoot.History and milestones2019: Incorporation as One Person Company and commencement of its business operations with 4 artists in Thane2020: VFX Project for Scam 1992 - The Harshad Mehta Story.2020: The company became PAT positive for Fiscal 2020.2020: The Company’s revenue from operations crossed Rs 300.00 lakh.2021: Conversion of the company from One Person Company to Private Limited Company.2022: VFX Project for Satyamev Jayate 2 and Rocket Boys Season - 1.2022: Commenced operations in Palghar.2023: Certified TPN-audited VFX Studio from Trusted Partner Network, LLC, a California Limited Liability Company.2023: Increased team strength to 120+ employees including contracted artists in approx. 2,000 Sq. ft. Studio located at Andheri West.2023: VFX Project for Phone Bhoot, Rocket Boys Season - 2, Adipurush, Indian 2.2023: The company’s revenue from operations crossed Rs 800.00 lakh and PAT crossed Rs 150.00 lakh.2023: Commenced operations in Lucknow.2024: VFX Project for Article 370, The Crew, Murder in Mahim, Khel Khel Mein.2024: The company’s revenue from operations crossed Rs 2,000.00 lakh and PAT crossed Rs 500.00 lakh.2024: The name of the company was changed from ‘Identical Brains Private Limited’ to ‘Identical Brains Studios Private Limited’2024: Conversion from Private Limited to Public Limited Company.
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