BAWEJA
Baweja Studios financials
- Market cap
- ₹45 Cr
What Baweja Studios Ltd does
Baweja Studios is a Mumbai-headquartered entertainment production house founded in 2001 by filmmaker Harry Baweja, spanning theatrical films, television and web series, animation and VFX, and virtual-reality content. It earns by producing and co-producing films and series, acting as theatrical distributor (including securing Hindi satellite rights) for other production houses' regional-language films, providing line-production services for television series, and licensing content to OTT platforms and satellite broadcasters. The company has recently established a presence in the United States alongside its Mumbai base.
Segments
- Feature Films
- OTT Content
- Animation & VFX
- Virtual Reality
- Global Content
- Regional & Branded Content
- Business verticals
- 6 (Feature Films, OTT, Animation & VFX, VR, Global Content, Regional & Branded Content)
- Theatrical films produced (lifetime)
- 20+
- Years in operation
- 24+ (since 2001)
- New films signed for FY26 production slate
- 10
- Chaar Sahibzaade theatrical release footprint
- 42 countries
- Super V (animated series) distribution reach
- 70+ countries, 200 million+ views (Star Network)
Quarterly results
Q4 FY26: revenue up 30.5%, net profit up 18.1% against the same quarter last year.
| Line item | Q4 FY23 | Q2 FY24 | Q4 FY24 | Q2 FY25 | Q4 FY25 | Q2 FY26 | Q4 FY26 |
|---|---|---|---|---|---|---|---|
| Revenue | 44 | 39 | 26 | 32 | 43 −2% | 35 −8% | 33 +30% |
| EBITDA | 5 | 6 | 5 | 5 | 9 +93% | 4 −40% | 8 +53% |
| Net profit | 5 | 4 | 4 | 3 | 5 +7% | 2 −65% | 5 +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 −53.6% 1Y
1Y: ₹52 on 10 Sept 2025 → ₹24.15. High ₹52 (10 Sept 2025), low ₹21.35 (30 Mar 2026).
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹0 Cr | ₹5 Cr | ₹14 Cr | ₹18 Cr | ₹18 Cr | ₹18 Cr |
| Reserves | ₹4 Cr | ₹2 Cr | ₹5 Cr | ₹77 Cr | ₹87 Cr | ₹92 Cr |
| Borrowings | ₹2 Cr | ₹3 Cr | ₹1 Cr | ₹4 Cr | ₹30 Cr | ₹38 Cr |
| Other liabilities | ₹26 Cr | ₹21 Cr | ₹24 Cr | ₹25 Cr | ₹36 Cr | ₹38 Cr |
| Total liabilities | ₹32 Cr | ₹31 Cr | ₹45 Cr | ₹124 Cr | ₹172 Cr | ₹186 Cr |
| Fixed assets | ₹0 Cr | ₹0 Cr | ₹2 Cr | ₹5 Cr | ₹4 Cr | ₹3 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹1 Cr | ₹0 Cr | ₹5 Cr | ₹5 Cr | ₹7 Cr | ₹7 Cr |
| Other assets | ₹31 Cr | ₹30 Cr | ₹38 Cr | ₹114 Cr | ₹161 Cr | ₹176 Cr |
| Total assets | ₹32 Cr | ₹31 Cr | ₹45 Cr | ₹124 Cr | ₹172 Cr | ₹186 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 Mar 2026
The ownership split has held steady since Mar 2025. The shareholder count shrank 3% to 2,185.
- Promoters
- 70.7%
- DIIs
- 0.9%
- Public
- 28.4%
Since Mar 2025
- Public −0.01 pp
- Promoters 0.00 pp
- FIIs 0.00 pp
How it drifted, 5 quarters
Over this window the public went from 27.3% to 28.4% — +1.1 pp.
Ownership split by quarter, oldest first. Mar '24: Promoters 70.7%, FIIs 0.9%, DIIs 1.1%, Public 27.3%.Sep '24: Promoters 70.7%, DIIs 1.0%, Public 28.3%.Mar '25: Promoters 70.7%, DIIs 0.9%, Public 28.4%.Sep '25: Promoters 70.7%, DIIs 0.9%, Public 28.4%.Mar '26: Promoters 70.7%, DIIs 0.9%, Public 28.4%.
Who is on the register
Named in the Mar 2026 filing
Every holder of Baweja Studios Ltd above SEBI's 1% disclosure line, and what changed since Sep 2025.
| Holder | Stake | Change |
|---|---|---|
| Paramjit Harjaspal Baweja | 38.78% | unchanged |
| Harjaspal Singh Baweja | 31.18% | unchanged |
| Rowena Baweja | 0.40% | unchanged |
| Harman Harjaspalsingh Baweja | 0.34% | unchanged |
| Sasha Ramchandani | 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.
What the price assumes
- Growth the price implies
- -21.4% 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
Learn to analyse Baweja Studios Ltd
Guides on how to read this kind of business and the numbers that matter.