Compact Disc is a multibagger in making.. Quoting @79 (as on 05-01-08) is a buy on any dip for a target of 140+ in 6 months to 1 year…

Compact Disc India Ltd (CDI) (BSE), India’s leading integrated media and Entertainment Company expects to achieve a sales turnover of Rs. 103.00 crores during 2007-08. Incorporated in 1992 Compact Disc India Ltd. (CDI) is one of the largest Animation Outsourcing Company in South Asia. The company has pioneered the concept of animation outsourcing in India by producing animation films in both traditional and digital formats.

Compact Disc India Limited is the one of the fastest emerging Asian companies in the South Asia.

inancial Highlights FY 2006-07
Sales revenues higher by 49% at Rs. 5029.09 lacs
Profit-After-Tax (PAT) increases by 515% to Rs. 817.63 lacs
Profit-Before-Tax (PBT) increases by 333.24% to Rs. 878.48 lacs
Earning per Share (EPS) higher at Rs. 8.54 as compared to Rs. 1.39 last year; higher by 514.38% (Annualized).

CDI continues to be the largest animation film outsourcing Company in South Asia.

Highlights FY2007-08 (First Quarter) ended 30th June, 2007
Sales revenue of Rs.2021.52 lacs
Profit-After-Tax (PAT) of Rs.398.32 lacs
Profit Earning Per Share (EPS) at Rs. 4.16

Highlights FY2007-08 (Second Quarter) ended 30th September, 2007
Sales revenue higher by 94% at Rs.4153.38 lacs
Profit increased by 213.05%) to Rs.820.80 lacs
Profit Earning Per Share (EPS) higher at Rs. 8.57 as compared to Rs 2.73 last year,higher by 213.92%(Half yearly)

This has been complemented by CDI’s successful execution of 3D animation projects, thus resulting in higher growth of key international accounts and strengthening our leadership position in the industry.