Consolidated Financial Performance (FY26)

  • Revenue: ₹210.83 Crores
  • Profit Before Tax (PBT): ₹(64.0) Crores; PBT Margin: (30.37%)
  • Profit After Tax (PAT): ₹(49.6) Crores; PAT Margin: (23.55%)
  • Earnings Per Share (EPS): ₹(4.09)

Consolidated Financial Performance (Q4 FY26)

  • Revenue: ₹47.6 Crores
  • Profit Before Tax (PBT): ₹(18.1) Crores; PBT Margin: (38.0%)
  • Profit After Tax (PAT): ₹(14.2) Crores; PAT Margin: (29.75%)
  • Earnings Per Share (EPS): ₹(1.17)

Segmental Revenue Breakdown (FY26)

  • Commissioned (TV + Digital): ₹163.9 Crores (EBIDTA: ₹(13.4) Cr)
  • Movies: ₹15.3 Crores (EBIDTA: ₹(31.2) Cr)
  • Digital (B2C): ₹35.8 Crores (EBIDTA: ₹(19.4) Cr)

Segmental Revenue Breakdown (Q4 FY26) & Contribution

  • Commissioned (TV + Digital): ₹37.12 Crores (80.24% of top line)
  • Movies: ₹2.69 Crores (5.82% of top line)
  • Digital (B2C): ₹6.45 Crores (13.94% of top line)

Key Operational and Strategic Highlights

  • Cash Reserve: Strong cash reserve of ~₹163 Crores held in banks and mutual funds as of the date of the report.
  • Digital Order Book (B2B): Order book exceeding ₹350 Crores with leading OTT platforms.
  • Netflix Partnership: Entered into a long-term creative partnership with Netflix to develop diverse, high-quality content across formats. The collaboration follows previous successful titles like 'Kathal', 'Pagglait', 'Jaane Jaan', and 'Dolly Kitty Aur Woh Chamakte Sitare'. The 'Lock Upp' series is announced to be coming soon on Netflix.
  • Content Releases: Successful release of the film 'Bhooth Bangla' (starring Akshay Kumar). Upcoming releases include 'Vvan' (with TVF, starring Siddharth Malhotra) and 'Hero Ki Horroin' (starring Yashvardhan Ahuja).
  • New Ventures: Launched 'Hoonur', a new talent management vertical under Balaji Telefilms Digital. Officially launched 'Kutingg', a new OTT platform for short-format content. Launched 'AstroGuide', a premium astrology app, which clocked 2.5 lakh downloads within 24 hours of launch.
  • TV Performance: 'Kyunki Saas Bhi Kabhi Bahu Thi 2' topped TRP charts. The company had 3 shows on air, delivering over 79 hours of production in FY26 for broadcaster Jiostar India Private Ltd.
  • Strategic Restructuring: The wholly-owned subsidiaries ALT Digital Media Entertainment Limited (ALT) and Marinating Films Private Limited (MFPL) were merged with Balaji Telefilms Limited effective April 1, 2025, aimed at consolidating operations and enhancing efficiencies.

Balance Sheet Snapshot (Consolidated as of March 31, 2026)

  • Total Equity: ₹621.1 Crores (Mar'25: ₹655.0 Cr)
  • Total Assets: ₹853.8 Crores (Mar'25: ₹801.2 Cr)
  • Inventories: ₹207.7 Crores (Mar'25: ₹134.8 Cr)
  • Trade Receivables: ₹59.6 Crores (Mar'25: ₹92.5 Cr)
  • Cash & Cash Equivalents: ₹24.7 Crores (Mar'25: ₹11.5 Cr)
  • Investments: ₹102.4 Crores (Mar'25: ₹166.6 Cr)
  • Total Current Liabilities: ₹228.2 Crores (Mar'25: ₹144.9 Cr)

Management Commentary

Mrs. Shobha Kapoor, Managing Director, stated that FY26 was a transition year for the industry. She highlighted the strength of the commissioned business, encouraging traction in digital platforms (Kutingg, AstroGuide), and the positive response to 'Bhooth Bangla'. The company remains focused on strengthening its content pipeline and navigating the evolving media landscape.

Forward-Looking Strategy

The company's growth strategy focuses on:

  • Digital Thrust: Shifting from SVOD to a hybrid (SVOD + AVOD) model, focusing on YouTube for owned IP, creating advertiser-funded programs (AFP), and expanding B2B partnerships.
  • Movies: Maintaining a pipeline of 4-6 movies per year with a de-risked business model where 85-90% of production costs are recovered pre-release.
  • TV Business: Leveraging existing stronghold on primetime.
  • IP Monetization: Focusing resources on the creation and monetization of Intellectual Property.

Industry Context

The document includes an industry overview citing India's M&E sector size at INR 2.78 trillion (2025), with digital media revenues overtaking television as the largest segment (INR 1 trillion+). It notes record box office collections of ₹13,395 crore in 2025 and the growth of Connected TV (CTV) users.

Investor Relations Contact

Ms. Tannu Sharma, Company Secretary & Compliance Officer (tannu.sharma@balajitelefilms.com). The company's investor relations are also handled by Adfactors PR.