BASILIC

Basilic Fly Stud financials

Market cap
₹473 Cr
Sector
Media, Entertainment & Publication
Calls analysed
5
Latest concall · Q1 FY27 · call held 17 Aug 2026

Basilic Fly Stud Q1 FY27

Consolidated Revenue from Operations ₹104 cr +10%Consolidated EBITDA ₹14 cr −23%Consolidated EBITDA Margin 13.91% −6%Consolidated PAT ₹7 cr −44%

What went well

  • Delivered 89 projects (28 movies, 53 series, 8 commercials) for 60 clients globally, including 10 new clients.
  • Won new international orders worth INR 105 crores for FY27 year-to-date, providing strong FY27 revenue visibility.
  • Active bid pipeline stands at INR 700 crores, with 40% at an advanced stage of conversion.

What to watch

  • Consolidated EBITDA decreased 23% YoY to INR 14 crores, with margins declining 584 bps to 13.91% due to unrealized FOREX loss (INR 4.2 crores), higher management travel, and increased IT expenses.
  • Consolidated PAT decreased 44% YoY to INR 7 crores, with margins declining 637 bps to 6.3%, primarily due to EBITDA pressure, higher exceptional severance costs (INR 2.9 crores), and increased depreciation from tech investments.
Read the full call →

What Basilic Fly Stud does

Basilic Fly Studio (BFS) is a global visual-effects studio providing end-to-end VFX services — pre-visualization, asset creation, animation, effects simulation, lighting, rendering and final compositing — for films, television series, web content and commercials. It runs a hybrid delivery model: creative, client-facing studios in the UK (London, via majority-owned One of Us) and France (Paris), paired with cost-efficient production hubs in India (Chennai, Pune, Bengaluru) and Canada (Vancouver). Work is won through direct client relationships and sub-contracting/outsourcing partnerships with other VFX studios, and billed under project-based time-and-material or fixed-price contracts.

Segments

  • India delivery studios (Chennai HQ, Pune, Bengaluru)
  • One of Us (London, UK)
  • Basilic Fly Studio - UK (London)
  • Basilic Fly Studio - France (Paris)
  • Basilic Fly Studio - Canada (Vancouver)
Studio locations
6 (Chennai HQ, Pune & Bengaluru in India; London UK x2; Paris, France; Vancouver, Canada)
Team members
775+ (FY26)
Cumulative projects delivered
11,700+
Movies delivered (cumulative)
1,200+
TV/web series delivered (cumulative)
2,300+
Commercials delivered (cumulative)
8,160+
Founded 2016Headquarters Chennai, IndiaEmployees 775 (FY26)

Guidance record · Q1 FY27

what the last two calls moved 15 tracked 3 delivered 3 missed 9 open
  • Transparency delivered said Q4 FY25 Promised: Very soon we should be able to give more updates on this (quarterly reporting) Q1 FY27: Continued to report quarterly results, fulfilling the promise.
  • Efficiency went quiet said Q4 FY26 Promised: Aged receivables (>6 months) to be under ₹40 crores by the end of Q1 FY27 Q1 FY27: The target to get aged receivables under ₹40 cr by end of Q1 FY27 was not mentioned or quantified in the earnings call.
  • Technology delayed said Q2 FY26 Promised: Completion by end of FY '26/Q1 FY '27 Q1 FY27: Target was completion by Q1 FY27. Management now states tech part will be capitalized in Q2/Q3 FY27, indicating a delay.

All 15 tracked — every revision, and every one management stopped mentioning.

Open the guidance ledger

Quarterly results

Q1 FY27: revenue up 28.1%, net profit up 17.0% against the same quarter last year.

₹ Cr · quarterly
Line itemQ2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26Q3 FY26Q4 FY26Q1 FY27
Revenue19 12 28 20 34 +83%39 +231%27 −4%26 +28%
EBITDA7 4 12 9 19 +157%17 +355%8 −31%11 +29%
Net profit6 1 6 5 12 +105%12 +859%3 −51%6 +17%
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 −59.9% 1Y

₹200₹300₹400₹500Sept 25Oct 25Dec 25Jan 26Mar 26Apr 26Jun 26Jul 26Sept 26Q2 FY26 — 12 Nov 2025Q3 FY26 — 17 Feb 2026Q4 FY26 — 2 Jun 2026Q1 FY27 — 17 Aug 2026

1Y: ₹477 on 10 Sept 2025 → ₹191.1. High ₹477 (10 Sept 2025), low ₹168.35 (30 Mar 2026).

How the price took the results

close before → close after

Q1 FY27
−14.7%
17 Aug
Q4 FY26
+0.3%
2 Jun
Q3 FY26
+0.5%
17 Feb
Q2 FY26
−2.4%
12 Nov

The move from the last close before each results date to the first close after it — the market's first read on the quarter, not the quarter itself.

Financials, as filed

Year endingFY26
Revenue₹121 Cr
Operating profit₹52 Cr
Operating margin43.3%
Interest₹6 Cr
Depreciation₹8 Cr
Net profit₹32 Cr
Net margin26.2%
Cash from operations₹9 Cr
Free cash flow₹-20 Cr
ROCE21.0%
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 endingFY21FY22FY23FY24FY25FY26
Equity capital₹1 Cr₹1 Cr₹17 Cr₹23 Cr₹25 Cr₹25 Cr
Reserves₹2 Cr₹3 Cr₹13 Cr₹98 Cr₹284 Cr₹227 Cr
Borrowings₹0 Cr₹4 Cr₹4 Cr₹2 Cr₹66 Cr₹78 Cr
Other liabilities₹6 Cr₹6 Cr₹14 Cr₹22 Cr₹61 Cr₹58 Cr
Total liabilities₹9 Cr₹14 Cr₹49 Cr₹146 Cr₹437 Cr₹389 Cr
Fixed assets₹1 Cr₹1 Cr₹2 Cr₹2 Cr₹99 Cr₹51 Cr
Capital work in progress₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr₹0 Cr
Investments₹0 Cr₹2 Cr₹2 Cr₹6 Cr₹0 Cr₹47 Cr
Other assets₹9 Cr₹10 Cr₹45 Cr₹138 Cr₹338 Cr₹290 Cr
Total assets₹9 Cr₹14 Cr₹49 Cr₹146 Cr₹437 Cr₹389 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 trimmed −4.58 pp while FIIs added +3.24 pp. The shareholder count shrank 2% to 4,557.

Promoters
55.3%
FIIs
3.5%
DIIs
1.4%
Public
39.8%

Since Jun 2025

  • Promoters −4.58 pp
  • FIIs +3.24 pp
  • DIIs +1.42 pp

How it drifted, 12 quarters

Over this window the public went from 32.1% to 39.8% — +7.7 pp.

Sep '23Dec '24Jun '26

Ownership split by quarter, oldest first. Sep '23: Promoters 59.9%, FIIs 1.3%, DIIs 6.7%, Public 32.1%.Dec '23: Promoters 59.9%, FIIs 0.4%, DIIs 0.0%, Public 39.7%.Mar '24: Promoters 59.9%, FIIs 0.3%, DIIs 0.0%, Public 39.8%.Jun '24: Promoters 59.9%, FIIs 1.3%, DIIs 0.0%, Public 38.8%.Sep '24: Promoters 59.9%, FIIs 0.3%, DIIs 0.0%, Public 39.8%.Dec '24: Promoters 59.9%, FIIs 0.3%, DIIs 0.0%, Public 39.8%.Mar '25: Promoters 59.9%, FIIs 0.3%, DIIs 0.0%, Public 39.8%.Jun '25: Promoters 59.9%, FIIs 0.2%, DIIs 0.0%, Public 39.9%.Sep '25: Promoters 55.3%, FIIs 3.4%, DIIs 2.8%, Public 38.5%.Dec '25: Promoters 55.3%, FIIs 3.4%, DIIs 2.2%, Public 39.1%.Mar '26: Promoters 55.3%, FIIs 3.5%, DIIs 1.4%, Public 39.8%.Jun '26: Promoters 55.3%, FIIs 3.5%, DIIs 1.4%, Public 39.8%.

Who was buying across the market this quarter →

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.

The same filing shows 0 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 Basilic Fly Stud above SEBI's 1% disclosure line, and what changed since Mar 2026.

HolderStakeChange
Balakrishnan 41.91%unchanged
Sundaram Yogalakshmi 13.39%unchanged
Aparna Samir Thakker 4.47%unchanged
Ashmavir Financial Consultants 1.91%+0.18 pp
Marfatia Stock Broking Pvt Ltd 1.42%unchanged
Ritu Bapna 1.10%newly disclosed
Shyam Sundar S 0.01%unchanged
B Diya 0.00%newly disclosed
B Driti 0.00%newly disclosed
R Thiruparasundari 0.00%newly disclosed
Saraswathi S 0.00%newly disclosed

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.

What the price assumes

Growth the price implies
12.3% a year
for 7 years, fading to 4%
It has actually compounded at
Not enough history
The gap
—
between what it did and what it must do
Price today ₹191.1

Change the assumptions yourself →

All earnings calls (5)

Read the Q1 FY27 call →

Learn to analyse Basilic Fly Stud

Guides on how to read this kind of business and the numbers that matter.