₹9666
*Average Price as per 4 December, 2024
Fundamentals
FACE VALUE
1
BOOK VALUE
1387.5
NO OF SHARES
214664
EPS
572
SALES
34.31
INDUSTRY PE
0
DIVIDEND
0
DIVIDEND YIELD
0
PE
16.9
PB
6.97
PS
6.05
MARKET CAP
207.49
EQUITY
0.02
PAT
11.44
MESSAGE
OVERVIEW
Absolute Sports, a leading tech-driven sports and gaming media company, engages over 150M global sports fans monthly through its flagship brand, Sportskeeda, along with ProFootballNetwork and SoapCentral. A subsidiary of Nazara Technologies, Absolute Sports ranks #2 in India and #6 in the US (Comscore), with leadership across various sports.
Their team of award-winning creators delivers dynamic content across sports, esports, lifestyle, and gaming. With advanced technical solutions like a proprietary CMS, audience management, and scalable distribution, they provide growth opportunities for partners and captivating experiences for audiences.
Company Name | Absolute Sports |
Company Type | Unlisted Public Company |
Industry | Sports & Esports Media |
Founded | 2009 |
Registered Address | Bangalore, Karnataka 560075 |
Sports viewership has surged in India due to smartphones, internet access, and OTT platforms, boosting media consumption of international events. Sponsorships, now 33% of sports league revenue, have grown with new media and digital assets. Tech startups are leading the way, with 8 of the top 20 venture-backed companies investing in sports sponsorships and media.
India's sports media market, valued at ₹6,600 crore, is shifting from traditional corporations to tech-driven companies. Annual ad spending across print, digital, and TV is ₹4,100 crore, with ₹1,800 crore in sponsorships. Cricket dominates with 87% of the market, while football and kabaddi make up 10%. Sports drive both passion and economic activity in India's media landscape.
INSIGHT
₹ in Cr.
Financials | 31st March, 2023 | 31st March, 2022 | % increase |
Revenue | 122 | 79 | 55% |
EBITDA | 39 | 27 | 48% |
PAT | 32 | 21 | 55% |
EPS | 162.90 | 105.62 | 54% |
PAT Margins | 26% | 26% |
ANNUAL REPORT
SECONDARY NAME
ISIN
CDSL
NSDL
INDUSTRY
SECTOR (READ ONLY)
SHARE HOLDINGS
Name of Shareholder | Holdings |
---|---|
Nazara Technologies Limited | 74 % |
Porush Jain | 23 % |
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