Basilic Fly Studio saw robust H1 FY'26, with consolidated revenue up 146.3% YoY to ₹190.5 Cr and profit surging 117.1% YoY to ₹26.8 Cr.
Standalone Q2 revenue jumped 73.9% YoY to ₹34.9 Cr, driven by new client wins and increased volumes in India and global operations.
The acquisition of UK-based 'One of Us' supercharged global capabilities.
Recent ₹85 Cr QIP funding is earmarked for strategic M&A, Canada expansion, an AI Lab in London, and strengthening domestic presence.
Smart cost optimization through AWS workflows and global task allocation is also a key focus.
A new creative hub in Bengaluru is now operational, supporting the UK subsidiary.
The company has also onboarded four senior business development leaders to expand its North American footprint.
A film Basilic contributed VFX to, "Shutter Bird," secured an Oskar award nomination. **Key Financial Metrics:** * H1 FY'26 Revenue (Consol): ₹190.5 Cr (↑146.3% YoY) * H1 FY'26 Profit (Consol): ₹26.8 Cr (↑117.1% YoY) * Q2 FY'26 EPS (annualized): ₹10.2 * Q2 FY'26 ROE (annualized): 20.9% Management highlighted an industry revival and effective offshoring strategy.
Strong QIP funds provide ample capital for future organic & inorganic growth.
While old receivables recovery is slowly improving post-strike, BFS is strategically positioned at a crucial point in the global VFX industry.
No comments yet. Be the first.