Cash Flow Normalization Delay
Management acknowledged that cash flow cycles and debtor days may take 6-12 months to regularize, with some clients taking up to 180 days to pay.
DIGIKORESTUDIOS / bear-case history
Track the concerns that keep returning.
Digikore Studios · risk themes across the available quarters.
Research layer active
Bear-case history
Risks carried through the record.
medium
AI Disruption to VFX Budgets
Analyst raised concern that AI could reduce VFX demand; management downplayed near-term risk but noted long-term uncertainty.
Promoter Share Pledge
Promoter shares are pledged due to borrowing from NBFCs; unpledging depends on successful fundraise, which is contingent on market conditions.
Dependence on Hollywood Recovery
Revenue recovery is heavily tied to Hollywood production restart; any renewed disruption could impact growth.