532011
Vashu Bhagnani financials
- Market cap
- ₹454 Cr
What Vashu Bhagnani does
Vashu Bhagnani Industries Limited (formerly Pooja Entertainment and Films Limited) produces and co-produces Hindi films, and exploits/distributes them through music release, theatrical distribution, television licensing and new media distribution avenues. It also takes up line-production and marketing/theatrical-release work for other producers' films. Through a 90% stake in Pooja Leisure and Lifestyle, a partnership firm, it has entered residential real estate development in Juhu, Mumbai.
Segments
- Film production, co-production & distribution
- Line production & film marketing services
- Real estate development
- Film titles worked on (FY25)
- 2 (Bade Miyan Chote Miyan — line production; Mere Husband Ki Biwi — marketing & theatrical release)
- Stake in real-estate partnership (Pooja Leisure and Lifestyle)
- 90%
- Wholly-owned subsidiary
- Modern Production FZ LLC (100%)
- Real estate projects underway
- 1 residential project (Juhu, Mumbai)
Quarterly results
Q1 FY27: revenue up 72.6%, net profit down 61.7% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1 | 1 | 4 | 1 | 2 +72% | 9 +700% | 2 −48% | 3 +73% |
| EBITDA | 0 | -0 | -1 | 1 | 2 +341% | 4 +1025% | -5 −315% | 0 −87% |
| Net profit | 0 | -0 | 1 | 1 | 1 +747% | 3 +740% | -2 −364% | 0 −62% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −40.7% 1Y
1Y: ₹119.75 on 10 Sept 2025 → ₹71. High ₹126.95 (15 Sept 2025), low ₹47.97 (30 Mar 2026).
Financials, as filed
Revenue fell 32.4% a year over 3 years, FY23 to FY26. Operating margin held at 7.5%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹47 Cr | ₹58 Cr | ₹16 Cr | ₹14 Cr |
| Operating profit | ₹4 Cr | ₹12 Cr | ₹6 Cr | ₹1 Cr |
| Operating margin | 7.8% | 20.0% | 36.1% | 7.5% |
| Interest | ₹1 Cr | ₹1 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹3 Cr | ₹8 Cr | ₹6 Cr | ₹3 Cr |
| Net margin | 6.2% | 13.9% | 39.1% | 21.7% |
| Cash from operations | ₹-3 Cr | ₹0 Cr | ₹-73 Cr | ₹11 Cr |
| Free cash flow | ₹-3 Cr | ₹-38 Cr | ₹-73 Cr | ₹11 Cr |
| ROCE | 7.0% | 15.1% | 5.7% | 2.7% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹5 Cr | ₹5 Cr | ₹5 Cr | ₹35 Cr | ₹64 Cr | ₹64 Cr |
| Reserves | ₹32 Cr | ₹35 Cr | ₹38 Cr | ₹43 Cr | ₹82 Cr | ₹84 Cr |
| Borrowings | ₹3 Cr | ₹9 Cr | ₹12 Cr | ₹24 Cr | ₹18 Cr | ₹6 Cr |
| Other liabilities | ₹25 Cr | ₹33 Cr | ₹67 Cr | ₹68 Cr | ₹51 Cr | ₹64 Cr |
| Total liabilities | ₹64 Cr | ₹80 Cr | ₹122 Cr | ₹170 Cr | ₹214 Cr | ₹217 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹39 Cr | ₹0 Cr | ₹0 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other assets | ₹64 Cr | ₹80 Cr | ₹122 Cr | ₹132 Cr | ₹214 Cr | ₹217 Cr |
| Total assets | ₹64 Cr | ₹80 Cr | ₹122 Cr | ₹170 Cr | ₹214 Cr | ₹217 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public trimmed −5.41 pp while FIIs added +4.76 pp. The shareholder count shrank 1% to 3,321.
- Promoters
- 74.5%
- FIIs
- 4.8%
- Public
- 20.7%
Since Jun 2025
- Public −5.41 pp
- FIIs +4.76 pp
- Promoters +0.64 pp
How it drifted, 12 quarters
Over this window the public fell from 26.9% to 20.7% — −6.2 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 73.1%, Public 26.9%.Dec '23: Promoters 73.1%, Public 26.9%.Mar '24: Promoters 73.1%, Public 26.9%.Jun '24: Promoters 73.8%, FIIs 0.0%, Public 26.1%.Sep '24: Promoters 73.8%, FIIs 0.0%, Public 26.1%.Dec '24: Promoters 73.8%, FIIs 0.0%, Public 26.1%.Mar '25: Promoters 73.8%, FIIs 0.0%, Public 26.1%.Jun '25: Promoters 73.8%, FIIs 0.0%, Public 26.1%.Sep '25: Promoters 74.5%, FIIs 2.5%, Public 23.0%.Dec '25: Promoters 74.5%, FIIs 4.8%, Public 20.7%.Mar '26: Promoters 74.5%, FIIs 4.8%, Public 20.7%.Jun '26: Promoters 74.5%, FIIs 4.8%, Public 20.7%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Affluence Fincon Service Private Limited newly disclosed 2.31% held
The same filing shows 1 holder trimming and 0 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Vashu Bhagnani above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Vashu Bhagnani | 48.25% | unchanged |
| Jacky Vashudev Bhagnani | 15.63% | unchanged |
| Puja Vashu Bhagnani | 5.34% | unchanged |
| Deepshikha Dhiraj Deshmukh | 5.25% | unchanged |
| Rejoice Developers Private Limited | 5.16% | unchanged |
| Nexpact Limited FPI fund | 2.40% | unchanged |
| Affluence Fincon Service Private Limited | 2.31% | newly disclosed |
| Intellect Money Finvest Private Limited | 2.00% | −1.57 pp |
| Eminence Global Fund Pcc- Eubilia Capital Partners Fund I FPI fund | 1.79% | unchanged |
| Magnolia Farms Pvt Ltd | 1.37% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
Learn to analyse Vashu Bhagnani
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