Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and half year ended September 30, 2026 (Q2 FY27)
Nature of Filing / Announcement: Outcome of Board Meeting and Unaudited Financial Results
Audit Opinion:
Unmodified conclusion by statutory auditors M S K A & Associates LLP
Key Financial Highlights [Rs. In Lakh]:
Standalone Results:
Revenue from Operations: Q2 FY27: ₹778.01 (Q1 FY27: ₹762.23; Q2 FY26: ₹718.20)
Total Income: Q2 FY27: ₹761.11 (Q1 FY27: ₹1,375.52; Q2 FY26: ₹1,167.53)
Net Loss: Q2 FY27: ₹(1,734.79) (Q1 FY27: ₹(7,946.33); Q2 FY26: ₹(183.72))
EPS (Basic after exceptional items): Q2 FY27: ₹(0.22) (Q1 FY27: ₹(1.02))
Other Equity: As of September 30, 2026: ₹693,506.34 (March 31, 2026: ₹701,767.95)
Cash and Cash Equivalents: As of September 30, 2026: ₹1,239.46 (March 31, 2026: ₹119.14)
Debt: No borrowings as of September 30, 2026 (March 31, 2026: ₹20,000.00)
Consolidated Results:
Revenue from Operations: Q2 FY27: ₹141,016.93 (Q1 FY27: ₹125,608.42; Q2 FY26: ₹104,289.32)
Total Income: Q2 FY27: ₹144,658.67 (Q1 FY27: ₹130,383.58; Q2 FY26: ₹107,184.80)
Net Profit: Q2 FY27: ₹5,827.21 (Q1 FY27: ₹(4,577.75); Q2 FY26: ₹406.47)
EPS (Basic after exceptional items): Q2 FY27: ₹0.62 (Q1 FY27: ₹(0.53))
Other Equity: As of September 30, 2026: ₹203,573.90 (March 31, 2026: ₹201,092.95)
Cash and Cash Equivalents: As of September 30, 2026: ₹14,556.25 (March 31, 2026: ₹68,829.00)
Borrowings (Non-current): As of September 30, 2026: ₹356,020.26 (March 31, 2026: ₹10,980.27)
Borrowings (Current): As of September 30, 2026: ₹161,264.70 (March 31, 2026: ₹483,094.16)
Segment-wise Performance:
Not Specified
Corporate Actions:
The Company allotted 22,83,333 and 27,83,333 fully paid equity shares (face value Re. 1/- each) at a securities premium of ₹51 per share pursuant to exercise of stock options by employees.
No dividend declarations, share splits, bonus issues, or buybacks announced.
Director Appointments:
Not Specified
Auditor Appointments:
Statutory Auditors: M S K A & Associates LLP (Firm Registration No. 105047W/W101187)
Legal Proceedings:
- Raspalfa Services Private Limited (RASPL) filed Section 7 petition under IBC before NCLT on August 29, 2023 for ₹35,379.75 lakh alleging default under Loan Agreement dated February 25, 2019
- NCLT admitted petition and initiated CIRP on May 6, 2026
- NCLAT stayed order on May 12, 2026 and directed deposit of ₹35,379.75 lakh
- NCLAT set aside NCLT order on July 10, 2026 and approved Discharge Agreement dated July 1, 2026 for ₹40,800 lakh full and final settlement
- Settlement completed in Q2 FY27 with payment of balance ₹5,420.25 lakh
Income Tax Search:
Income Tax Department conducted search and seizure operations under Income-tax Act, 2025 at certain offices of the Company and residences of certain directors from October 7-14, 2026
Department seized certain electronic records during search
Company has not received any order, demand, show-cause notice or other communication as of result date
Other Significant Information:
Exceptional Items:
Standalone: Recognised exceptional loss of ₹7,335.63 lakh (₹7,144.05 lakh in Q1 FY27 and ₹191.58 lakh in Q2 FY27) towards loan settlement with RASPL
Consolidated: Recognised exceptional loss of ₹6,739.75 lakh (includes ₹210.61 lakh in Q2 FY27)
Acquisition/Joint Venture:
Double Negative Films Limited acquired 48.45% equity stake in Ánima Kitchent Canarias, S.L. (Spain) on June 26, 2026 for approximately ₹13.69 crore, obtaining joint control
Subsidiary Changes:
PF Media Ltd (indirect subsidiary) voluntarily liquidated with effect from July 13, 2026
Proposed Transaction:
Brahma AI Services India Limited (formerly Prime Focus Technologies Limited) and subsidiaries proposed to raise USD 100 million investment from Multiples Private Equity
Transaction envisages transfer of DNEG S.à.r.l. to BHL
Upon completion, BHL and Brahma India expected to cease being subsidiaries and become associates
Shareholders approved cessation of control on November 7, 2026
Transaction subject to fulfilment of conditions precedent and not completed as of result date