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Recode Studios Key Ratios

Stock Card factsheet watchlist-stock-modal share-fund-plan-icon

BSE: 544755

₹456.75

up-down-arrow ₹21.75 (5.00%)

As on 14-Oct-2026IST

Market cap

info icon

₹486 Cr

Revenue (TTM)

info icon

₹80 Cr

P/E Ratio

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43.3

P/B Ratio

info icon

8.2

Div. Yield

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0.1 %

Key Ratios and Highlights

Growth Score (%) Quarterly Annual (TTM)
Particulars QoQ YoY 1-Year 3-Years 5-Years
Revenue -- -- 67.27 52.87 --
EBIT -- -- 182.37 132.67 --
Net Profit -- -- 260.72 153.04 --
EPS -- -- 259.89 152.85 --
Book Value -- -- 124.13 55.52 --
Key Ratios (%) Average Annual (TTM)
Particulars3-Years5-YearsMar-26Mar-25Mar-24
EBIT-Margin info 11.46--19.5811.603.21
Net Margin info 7.08--14.026.490.74
Return on equity info 42.75--79.2743.845.14
Return on Capital info 41.65--74.9338.4111.62
Return on Assets info 18.76--38.6615.741.89
Debt to Equity (x) info ----0.320.871.43

Profitability

View Detailed Peer Comparison

ROCE

74.93

Higher than Peers by 45.95

Earning before interest and taxes / (Average net worth + Average total Debt) * 100

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
74.93
38.41
11.62
14.50
--
Peer Median
28.98
28.06
--
26.75
--
ROE

79.27

Higher than Peers by 57.56

Profit after tax / Average Net worth * 100

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
79.27
43.84
5.14
13.33
--
Peer Median
21.72
20.26
--
22.12
--
ROA

38.66

Higher than Peers by 25.31

Profit after tax / Average Total assets * 100

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
38.66
15.74
1.89
5.55
--
Peer Median
13.35
13.57
--
15.09
--
EBIT Margin

19.58

Higher than Peers by 1.06

Operating profit (EBIT) / Net Sales * 100

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
19.58
11.60
3.21
5.55
--
Peer Median
18.52
19.25
--
18.38
--
Net Margin

14.02

Higher than Peers by 0.47

Net profit / Total Income (Net sales plus other income) * 100

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
14.02
6.49
0.74
3.09
--
Peer Median
13.55
15.28
--
15.46
--
Cash Profit Margin

14.74

--

(Net profit + Depreciation) / Gross Sales * 100

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
14.74
7.45
2.12
4.06
--
Peer Median
--
--
--
--
--

Growth

View Detailed Peer Comparison

Revenue Growth

67.27

Higher than Peers by 59.87

Year on year growth in net sales

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
67.27
29.82
64.53
--
--
Peer Median
7.40
1.98
--
13.88
--
EBIT Growth

182.37

Higher than Peers by 173.28

Year on year growth in operating profit (EBIT)

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
182.37
369.28
-4.94
--
--
Peer Median
9.09
2.32
--
6.42
--
Net Profit Growth

260.72

Higher than Peers by 257.50

Year on year growth in profit after tax

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
260.72
1,034.45
-60.41
--
--
Peer Median
3.21
8.55
--
3.62
--
EPS Growth

259.89

Higher than Peers by 250.46

Year on year growth in earnings per share

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
259.89
1,034.47
-60.41
--
--
Peer Median
9.43
1.42
--
3.62
--
Book Value Growth

124.65

--

Year on year growth in book value per share

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
124.65
59.42
5.28
--
--
Peer Median
--
--
--
--
--

Solvency

View Detailed Peer Comparison

Debt to Equity

0.32

Higher than Peers by 0.23

Total debt / Net worth

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
0.32
0.87
1.43
0.73
--
Peer Median
0.09
0.10
--
0.10
--
Short term debt to equity ratio

0.16

--

(Short term borrowings / Net worth)

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
0.16
0.32
0.63
0.24
--
Peer Median
--
--
--
--
--
Current Ratio

2.23

Higher than Peers by 1.01

Current Assets / Current Liabilities and Provisions

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
2.23
1.74
1.73
2.14
--
Peer Median
1.22
1.45
--
1.38
--
Quick Ratio

1.47

Higher than Peers by 0.43

(Current Assets - Inventory) / Current Liabilities and Provisions

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
1.47
0.97
0.93
1.10
--
Peer Median
1.04
1.07
--
0.97
--
Interest Coverage

20.95

Lower than Peers by 13.74

Earning before interest and taxes (EBIT) / Interest Expenses

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
20.95
4.55
1.42
3.52
--
Peer Median
34.69
27.53
--
59.82
--

Operating Efficiency

View Detailed Peer Comparison

Debtors to sales

19.24

Higher than Peers by 13.96

Debtors outstanding / Net Sales * 100

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
19.24
16.92
16.13
14.88
--
Peer Median
5.28
7.07
--
5.93
--
Asset Turnover

2.84

Higher than Peers by 2.01

Sales / Average Total Assets

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
2.84
2.55
2.63
1.79
--
Peer Median
0.83
0.80
--
0.94
--
Receivable days

51.92

--

Average Debtors / Sales * 365

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
51.92
50.84
44.29
54.32
--
Peer Median
--
--
--
--
--
Inventory Days

43.81

--

Average Inventory / Sales * 365

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
43.81
57.22
58.93
91.68
--
Peer Median
--
--
--
--
--
Payable days

53.01

--

Average Creditors / Cost of goods sold * 365

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
53.01
52.97
43.20
88.85
--
Peer Median
--
--
--
--
--
Cash Conversion Cycle

42.71

--

Receivable Days + Inventory Days - Payable Days

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
42.71
55.09
60.02
57.16
--
Peer Median
--
--
--
--
--

Valuation

View Detailed Peer Comparison

Price / Earnings

--

--

Current share price divided by earning per share in the last twelve months

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
--
--
--
--
--
Peer Median
36.59
52.24
--
50.52
--
Price / Book Value

--

--

Current share price divided by book value per share in the latest financial year

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
--
--
--
--
--
Peer Median
8.67
11.26
--
10.68
--
EV/EBITDA

0.78

Lower than Peers by 31.16

Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
0.78
1.07
4.20
2.21
--
Peer Median
31.94
42.15
--
43.64
--
Market Cap

--

--

Current Share price multiplied by latest total number of shares outstanding

Company Name
Mar-26
Mar-25
Mar-24
Mar-23
Mar-22
Recode Studios
--
--
--
--
--
Peer Median
88,837
93,745
--
77,445
--
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