Requesting you to please verify its cashflow. Cashflow from Operation has mutiplied more than 3X in same 10 years period.Its an internet company ,large amount spend on Softwear and Broadcasting Right acquisition .Same comes back as depriciation line item in Screener P&L and in FY24 its around 93 cr and increasing rapidly YoY basis.This line item is increasing as management is keen to build new studio , want to reach more home on TV-Home basis , investment in germany , upgrading channel position on various TV network, investment on OTA home reach. Having said that, Operating Margin surely has got weak over the years though Gross Margin consistently kept above 60% but content creation/broadcasting charges,freight charges and Packaging charges is increasing at rapid rate.
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