Bodhi Tree Multimedia Limited filed a regulatory disclosure pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, containing its unaudited financial results for the first quarter ended June 30, 2026.

Financial Performance (Consolidated Figures)

The company reported strong Q1 FY27 performance with:

  • Total Income: ₹31.58 crore, representing 71.54% year-on-year growth from ₹18.41 crore in Q1 FY26
  • EBITDA: ₹4.07 crore, up 160.60% from ₹1.56 crore in Q1 FY26
  • EBITDA Margin: 12.88%, improved by 440 basis points from 8.48% in Q1 FY26
  • Profit After Tax: ₹0.78 crore, increasing 64.84% from ₹0.47 crore in Q1 FY26
  • PAT Margin: 2.48%, slightly decreased by 10 basis points from 2.58% in Q1 FY26

The PAT margin was impacted by a temporary cost-revenue timing difference, with several shows in early stages of production where costs are booked ahead of corresponding revenue recognition. This gap is expected to normalize as these titles near completion.

Operational Highlights

During Q1 FY27, the company:

  • Produced 50+ hours of original content across television, OTT and digital platforms
  • Had 5 key title shows across various stages of production for leading broadcasters and platforms
  • Continued execution of its IP-led growth strategy with ongoing investments in original content development
  • Maintained a diversified project pipeline across TV and OTT platforms
  • Utilized technology-enabled creative workflows to support long-term value creation

Strategic Updates

The company secured two significant government partnerships:

1. Government of Assam Mandate: Strategic mandate to develop and manage the State's official digital content platform, expanding the company's presence in platform management and recurring revenue opportunities

2. Government of Tripura MoU: Signed a strategic memorandum of understanding to build the state's digital media, creator economy and technology infrastructure, positioning Tripura as an emerging AVGC content hub

Industry Context

The disclosure included several industry updates:

  • India's digital advertising market projected to reach US$14.6 billion in 2026
  • Netflix expanding India content strategy with four new weekly releases
  • India's M&E market growing from ~USD 32Bn (2025) to ~USD 38Bn by 2028
  • OTT market alone expected to reach ~USD 24Bn by 2030
  • India had 975Mn+ OTT viewers and 216Mn+ paid subscribers in 2025
  • Connected TV households projected to hit 191Mn by 2028

Management Commentary

Mr. Mautik Tolia, Managing Director & CEO, commented on the results, stating that FY27 started strong with 72% YoY revenue growth and 161% EBITDA growth, reflecting operating leverage as the business scales. He emphasized the robust demand environment for quality Indian IP and regional content, and the company's focus on disciplined, IP-led content creation. The transition from traditional content services to owning and building IP involves longer monetization cycles but enables participation across the full content lifecycle. Continued investment in technology and AI-led initiatives is sharpening decision-making, and the government mandates strengthen the company's role in state-led digital content ecosystems.

Company Background

Bodhi Tree Multimedia Limited is a publicly listed, multi-genre content creation and production company with presence across television, OTT and digital platforms. The company operates through specialized creator-led studios, a dedicated monetization arm, and an in-house technology platform, enabling end-to-end content creation and distribution. The company has a legacy of over 5,000+ hours of programming across 100+ shows and is transitioning from commissioned production to an IP-led, multi-platform content ecosystem.