BAGFILMS
B.A.G Films and Media financials
- Market cap
- ₹97 Cr
What B.A.G Films and Media Limited does
B.A.G. Films and Media Limited is a media and broadcasting group that runs its television and radio operations through majority-owned subsidiaries rather than as a single operating entity. It holds 51.15% of News24 Broadcast India Limited (television news broadcasting), 63.27% of E24 Glamour Limited (entertainment television) and 71.05% of Skyline Radio Network Limited (FM radio). Group entities share broadcasting infrastructure such as teleport, uplinking/downlinking of channels, radio programming, content, personnel and IT resources across the television, radio and digital media businesses.
Segments
- Television news broadcasting
- Entertainment television
- Radio broadcasting
- Broadcasting verticals
- 3 (TV news, TV entertainment, FM radio)
- Stake in News24 Broadcast India Ltd (TV news)
- 51.15%
- Stake in E24 Glamour Ltd (entertainment TV)
- 63.27%
- Stake in Skyline Radio Network Ltd (FM radio)
- 71.05%
Quarterly results
Q1 FY27: revenue up 10.7%, net profit up 17.7% 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 | 9 | 10 | 11 | 9 | 8 −1% | 13 +35% | 13 +21% | 10 +11% |
| EBITDA | 1 | 2 | 2 | 2 | 2 +17% | 3 +115% | 2 +0% | 2 +18% |
| Net profit | 0 | 0 | 0 | 1 | 1 +211% | 2 +1037% | 0 −9% | 1 +18% |
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 −30.8% 1Y
1Y: ₹6.42 on 10 Sept 2025 → ₹4.44. High ₹7.74 (23 Oct 2025), low ₹3.63 (30 Mar 2026).
Financials, as filed
Revenue grew 10.7% a year over 2 years, FY24 to FY26. Operating margin widened to 20.2%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹36 Cr | ₹38 Cr | ₹44 Cr |
| Operating profit | ₹6 Cr | ₹7 Cr | ₹9 Cr |
| Operating margin | 17.4% | 17.1% | 20.2% |
| Interest | ₹4 Cr | ₹4 Cr | ₹4 Cr |
| Depreciation | ₹2 Cr | ₹1 Cr | ₹1 Cr |
| Net profit | ₹1 Cr | ₹1 Cr | ₹4 Cr |
| Net margin | 2.9% | 2.9% | 8.6% |
| Cash from operations | ₹5 Cr | ₹3 Cr | ₹-9 Cr |
| Free cash flow | ₹5 Cr | ₹3 Cr | ₹-9 Cr |
| ROCE | 1.8% | 1.8% | 2.5% |
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 | ₹40 Cr | ₹40 Cr | ₹40 Cr | ₹40 Cr | ₹40 Cr | ₹42 Cr |
| Reserves | ₹223 Cr | ₹223 Cr | ₹223 Cr | ₹224 Cr | ₹120 Cr | ₹237 Cr |
| Borrowings | ₹39 Cr | ₹36 Cr | ₹40 Cr | ₹33 Cr | ₹0 Cr | ₹45 Cr |
| Other liabilities | ₹14 Cr | ₹12 Cr | ₹13 Cr | ₹20 Cr | ₹256 Cr | ₹18 Cr |
| Total liabilities | ₹316 Cr | ₹311 Cr | ₹316 Cr | ₹316 Cr | ₹416 Cr | ₹342 Cr |
| Fixed assets | ₹22 Cr | ₹20 Cr | ₹18 Cr | ₹16 Cr | ₹21 Cr | ₹14 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹1 Cr | ₹0 Cr |
| Investments | ₹249 Cr | ₹249 Cr | ₹248 Cr | ₹248 Cr | ₹123 Cr | ₹248 Cr |
| Other assets | ₹44 Cr | ₹43 Cr | ₹50 Cr | ₹52 Cr | ₹271 Cr | ₹80 Cr |
| Total assets | ₹316 Cr | ₹311 Cr | ₹316 Cr | ₹316 Cr | ₹416 Cr | ₹342 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, promoters added +4.88 pp while the public trimmed −4.87 pp. The shareholder count shrank 6% to 56,946.
- Promoters
- 51.7%
- Public
- 48.3%
Since Jun 2025
- Promoters +4.88 pp
- Public −4.87 pp
- FIIs 0.00 pp
How it drifted, 12 quarters
Over this window promoters went from 46.9% to 51.7% — +4.9 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 46.9%, Public 53.1%.Dec '23: Promoters 46.9%, FIIs 0.0%, Public 53.1%.Mar '24: Promoters 46.9%, FIIs 0.0%, Public 53.1%.Jun '24: Promoters 46.9%, FIIs 0.0%, Public 53.1%.Sep '24: Promoters 46.9%, FIIs 0.1%, Public 53.1%.Dec '24: Promoters 46.9%, FIIs 0.1%, Public 53.0%.Mar '25: Promoters 46.9%, Public 53.1%.Jun '25: Promoters 46.9%, Public 53.1%.Sep '25: Promoters 46.9%, Public 53.1%.Dec '25: Promoters 46.9%, Public 53.1%.Mar '26: Promoters 49.4%, Public 50.6%.Jun '26: Promoters 51.7%, Public 48.3%.
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.
- Skyline Tele Media Services Limited +3.85 pp 21.67% held
The same filing shows 7 holders 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 B.A.G Films and Media Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Skyline Tele Media Services Limited | 21.67% | +3.85 pp |
| ARVR Communications Private limited | 17.53% | −0.86 pp |
| Anuradha Prasad Shukla | 10.58% | −0.52 pp |
| High Growth Distributors Private Limited | 6.00% | −0.30 pp |
| Sreekumar Kizhakke Kandoth | 2.27% | −0.11 pp |
| Ritika Agarwal | 2.11% | −0.11 pp |
| B.A.G. Live Entertainment Limited | 1.95% | −0.10 pp |
| Mukesh Kumar Agarwal | 1.56% | −0.21 pp |
| Sudhir Shukla | 0.01% | unchanged |
| Jyoti Shukla | 0.00% | 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 B.A.G Films and Media Limited
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