Interworld Digital
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Interworld Digital Ltd's board approved a major strategic shift into consumer electronics, including mobile phones and accessories, at a meeting on June 19. The board sought shareholder approval to borrow up to ₹200 crore and invest up to ₹50 crore, sums dwarfing the company's ₹10 crore market capitalisation. It also approved related party transactions worth ₹26.8 crore for the current financial year. The company plans to alter its memorandum of association to enable the new business line, drawing on the expertise of recently appointed director Faizal Bavaraparambil Abdul Khader, who has nearly two decades in the electronics distribution sector. An extraordinary general meeting has been scheduled for July 17 to secure shareholder votes on the proposals. The moves signal a dramatic transformation for the nano-cap firm, which had previously disclosed a loan default and governance challenges.
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Interworld Digital Ltd's board approved a major strategic shift into consumer electronics, including mobile phones and accessories, at a meeting on June 19. The board sought shareholder approval to borrow up to ₹200 crore and invest up to ₹50 crore, sums dwarfing the company's ₹10 crore market capitalisation. It also approved related party transactions worth ₹26.8 crore for the current financial year. The company plans to alter its memorandum of association to enable the new business line, drawing on the expertise of recently appointed director Faizal Bavaraparambil Abdul Khader, who has nearly two decades in the electronics distribution sector. An extraordinary general meeting has been scheduled for July 17 to secure shareholder votes on the proposals. The moves signal a dramatic transformation for the nano-cap firm, which had previously disclosed a loan default and governance challenges.
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What does Interworld Digital do?
Founded in 1995, Interworld is India's first listed company digitizing Cinema theaters. Their vision is to be the most premium Digital Entertainment, Media and Communication Company by providing high standards in digital cinema and expanding their network.
Who are the competitors of Interworld Digital?
Interworld Digital major competitors are BGIL Films & Tech., Encash Entertainment, Net Pix Shorts Digit, Vision Cinemas, Raconteur Global Res, SDC Techmedia, Unistar Multimedia. Market Cap of Interworld Digital is ₹10 Crs. While the median market cap of its peers are ₹10 Crs.
Is Interworld Digital financially stable compared to its competitors?
Interworld Digital seems to be less financially stable compared to its competitors. Altman Z score of Interworld Digital is 1.79 and is ranked 5 out of its 8 competitors.
Does Interworld Digital pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Interworld Digital latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%
How has Interworld Digital allocated its funds?
Companies resources are majorly tied in miscellaneous assets
How strong is Interworld Digital balance sheet?
Interworld Digital balance sheet is weak and might have solvency issues
Is the profitablity of Interworld Digital improving?
No, profit is decreasing. The profit of Interworld Digital is -₹0.22 Crs for Mar 2025, -₹0.2 Crs for Mar 2024 and -₹0.19 Crs for Mar 2023
Is the debt of Interworld Digital increasing or decreasing?
Yes, The net debt of Interworld Digital is increasing. Latest net debt of Interworld Digital is ₹1.72 Crs as of Mar-26. This is greater than Mar-25 when it was ₹1.51 Crs.
Is Interworld Digital stock expensive?
Interworld Digital is not expensive. Latest PE of Interworld Digital is 0, while 3 year average PE is 45.03. Also latest EV/EBITDA of Interworld Digital is 0.0 while 3yr average is 25.68.
Has the share price of Interworld Digital grown faster than its competition?
Interworld Digital has given better returns compared to its competitors. Interworld Digital has grown at ~5.9% over the last 5yrs while peers have grown at a median rate of 0.0%
Is the promoter bullish about Interworld Digital?
Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Interworld Digital is 10.93% and last quarter promoter holding is 10.93%.
Are mutual funds buying/selling Interworld Digital?
There is Insufficient data to gauge this.