Slide 1: NSE Regulation 30 intimation letter
To Date: 20.11.2025 National Stock Exchange of India Ltd Exchange Plaza, 5th Floor, Plot No. C /1, G Block, Bandra - Kurla Complex, Bandra (E), Mumbai – 400051, Maharashtra, India. (NSE Symbol: PHANTOMFX) Subject: Announcement under Regulation 30 of SEBI (Listing Obligations and Disclosure Requireme
Slide 2: Phantom Digital Effects Limited November 2025 Investor Presentation
Phantom Digital Effects Limited November 2025 Investor Presentation
Slide 3: Disclaimer
Disclaimer This presentation and the accompanying slides (the “Presentation”), which have been prepared by Phantom Digital Effects Limited, solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities and shall not form the
Slide 4: H1 FY26 Financial & Operational Highlights
H1 FY26 Financial & Operational Highlights
Slide 5: H1 FY26 Performance Scorecard
H1 FY26 Performance Scorecard CONSOLIDATED Total Income EBITDA PAT ₹ 8,829.50 Lakhs ₹ 2,862.27 Lakhs ₹ 2,068.55 Lakhs 140.91% 75.39% 149.99% YoY YoY YoY EPS ₹ 13.87 EBITDA Margin PAT Margin 32.42 % 23.43 % 127.75 % YoY *Comparative figures for H1 FY25 4 Investor Presentation
Slide 6: H1 FY26 Profit & Loss Statement
H1 FY26 Profit & Loss Statement (In ₹ Lakhs) Consolidated Standalone Particulars (₹ In Lakhs) H1 FY26 H1 FY25 H1 FY26 H1 FY25 Revenue from Operations 8,497.89 3,354.26 5,410.27 3,485.26 Other Income 331.60 110.36 331.48 110.86 Total Income 8,829.50 3,665.12 5,741.75 3,596.12 Changes in Inventories o
Slide 7: Strategic Acquisition of Milk VFX & Lola Post
Strategic Acquisition of Milk VFX & Lola Post Transaction Highlights (October 25, 2025) • The successful completion of the Milk VFX acquisition in accordance with the agreed transaction structure, with consideration payable on a deferred basis. • The first tranche under the Share Sale & Purchase Cum
Slide 8: Message From The Chairman & Managing Director
Message From The Chairman & Key highlights include: Managing Director • Strategic Acquisitions: Milk VFX Studio and Tippett Studio acquisition strengthens our Dear Shareholders, global presence; expansion into China via Huantong Digital Technology opens new As Phantom Digital Effects Limited continu
Slide 9: Company Overview
Company Overview
Slide 10: PhantomFX: India's Leading VFX Studio
PhantomFX: India’s Leading VFX Studio Phantom Digital Effects Limited (PhantomFX, The Company) Incorporated in 2016 is one of the leading visual effects (VFX) studio providing end-to-end services for films, web series, and commercials. The company is a Certified Trusted Partner Network (TPN) member.
Slide 11: Vision & Mission
Vision & Mission VISION MISSION To become a global leader in creative VFX services, To deliver reliable, cost-effective, and world-class recognized for pioneering innovation, pushing VFX solutions that meet and exceed global technological boundaries, and achieving standards — bringing imagination to
Slide 12: Creativity & Innovation
Creativity & Innovation • Under the leadership of Bejoy Arputharaj, CEO and award-winning VFX Supervisor with experience on over 200 films, the company has established itself as a leading player in the industry. • Backed by a skilled and diverse leadership team, the studio effectively blends creativ
Slide 13: Journey
Journey Globally Our showcase glows Our tech journey hits a high with TPN recognized with the first FICCI Certification, showcasing our commitment to as the BAF Award for 'Nippon cutting-edge standards 'Fastest Paints, Pongal,' 2018 Growing showcasing Surpassing 200 members, we settle into a Indian ex
Slide 14: Journey
2025 Journey • 2024 Our passion project Ayalaan sets it’s blockbuster • Secured the role of primary vendor for Rajamouli’s debut. upcoming film and Feng • Expanded to Bangalore to provide cost -effective Shen 3 (The Creation of and exclusive services. Gods III) with Alibaba • PhantomFX forms strateg
Slide 15: Key Facts
Key Facts 200+ Films 9,000+ Shots 8 Million+ 250+ Hours of Happy creation Clients 650+ Artists PhantomFX (Permanent 300+ and Projects Contracted) Tippett Milk legacy of 350+ Projects 600+ Projects (Pre- acquisition) 14 Investor Presentation
Slide 16: Phantom Media Group
Phantom Media Group LOLA POST A boutique TIPPETT STUDIO creative studio, creativity, premier full-service collaboration, and animation and visual a passion for effects studio with a visual storytelling 40-year legacy UNLEASHING THE MAGIC PHANTOM DIGITAL EFFECTS LTD A publicly listed creative UNLEASH
Slide 17: Tippett Studio
Tippett Studio Tippett Studio, the legendary award winning VFX company founded by Oscar-winning filmmaker Phil Tippett, has been acquired by Phantom as of July 1, 2025. Known for its groundbreaking work in films like Jurassic Park and Star Wars, the studio has earned multiple Academy and Emmy Awards
Slide 18: Milk Visual Effects Limited
Milk Visual Effects Limited Milk has a strong creative presence with 150+ skilled professionals across France, Spain, Ireland, and the UK. Experienced senior leadership team guides the studio, and its strong reputation helps it regularly win major projects from global clients. Milk is a 2-Oscar and
Slide 19: Spectre Post
Spectre Post Spectre Post helps in redefining storytelling by merging imagination and innovation. The studio is located in the vibrant tech hubs of Bangalore and Chennai and has emerged as one of the fastest-growing Visual Effects (VFX) and Post- Production studios. As an Amazon Certified and TPN Ce
Slide 20: PhantomFX China
PhantomFX China PHANTOM CHINA Establishing ourselves as acreative partner in China Phantom China, a newly established facility in Hangzhou, represents a major milestone in the company’s expansion, creating new opportunities in the Chinese market. The unit is targeting domestic productions with compe
Slide 21: Awards & Events
Awards & Events IC 814 IC 814 VFX Shot of the Year – TV/OTT/ Best Created Environment (Digital OTT) VAM Awards 01 05 Animated Ads FICCI BAF Awards 2023 Circa April/May 2025 Thandel Collaboration Excellence IC 814 02 06 Autodesk Imagine Awards Best VFX Shot VAM Awards August 2025 2023 Ayalaan Phantom
Slide 22: Leadership Team – Phantom Media Group (PMG)
Leadership Team – Phantom Media Group (PMG) Mr. Bejoy Arputharaj Mr. Binu Joshua Sam Manohar Chief Financial Officer & Founder, CEO & Chairman Chief Operating Officer Binu oversees PMG’s financial A veteran with 20+ years in CGI and 200+ films, Bejoy strategy and operational drives PMG’s creative vi
Slide 23: Leadership Team – Phantom Media Group (PMG)
Leadership Team – Phantom Media Group (PMG) Rajan E Ian Unterreiner Chris Burn Roo Caroline Andrew Harvey Knight-Jones Bisson-Salama Chief Executive Global Global Director, Global Director, Global Business Officer Vice President Managing Director Business Development Marketing & Communications Execu
Slide 24: Leadership – Phantom Digital Effects Ltd
Leadership – Phantom Digital Effects Ltd Ravindran S Vetrivell V Brindha C Anantharaman S Director - V FX Sr. VP Production / Business VP Production VP Finance With over 15 years of experience An engineering professional She brings over 15 years of With over 20 years of experience in working on some
Slide 25: Leadership – Phantom Digital Effects Ltd
Leadership – Phantom Digital Effects Ltd Akula Sunil Ravikumar P Rajesh Kumar Samal Juan Salgado VP Business - South Chief Strategy Officer Company Secretary & Head of Studio - China Compliance Officer With almost 2 decades in the A seasoned professional with With 10+ years of experience in Juan is
Slide 26: Business Overview
oe. Business Overview
Slide 27: Verticals
Verticals Pre- Visualization CGI Post- Production Services 3D Animation Compositing Gaming 26 Investor Presentation
Slide 28: Global Projects
Global Projects 27 Investor Presentation
Slide 29: Domestic Projects
Domestic Projects 28 Investor Presentation
Slide 30: Upcoming Domestic & International Projects Pipeline
Upcoming Domestic & International Projects Pipeline Domestic Projects Pipeline International Projects Pipeline The pipeline is led by S.S. Rajamouli’s upcoming film and supported For by other high-profile Indian productions. Recognition from S.S. Rajamouli 29 Investor Presentation
Slide 31: Global Presence
Global Presence United Canada Kingdom USA China UAE Hyderabad Mumbai Bengaluru Chennai 30 Investor Presentation
Slide 32: Global Offices
Global Offices China (Hangzhou) C a n a d a (Toronto) U n i t e d K i n g d o m (London) 4711 Y o n g e St. 10th F l o o r Clerkenwell House, 67 Clerkenwell Road, London Toronto, O n t a r i o U S A ( S a n F r a n c i s c o ) 914 G r a y s o n Street, B e r k e l e y , C A I n di a (Bangalore) Indi
Slide 33: Clients
Clients 32 Investor Presentation
Slide 34: Industry Overview
Industry Overview
Slide 35: Global VFX Industry Overview
Global VFX Industry Overview Market Value (In USD Billion) Market value Market value Market value 25 At CAGR 2024 2034 2025 (2025-2034) USD 10.60 USD 20.29 USD 11.19 6.83% billion billion billion 20.29 20 Market Drivers 15 • Rising Demand: Growing need for high-quality VFX in films, TV series, and v
Slide 36: Indian VFX Industry Overview
Indian VFX Industry Overview Market value Market value At CAGR 2024 2033 (2025-2033) USD 1 billion USD 1.7 billion 5.70% India VFX Market Trends Indian VFX Market Demand • OTT & Films: Rising digital content and regional productions • OTT & Digital Content Boom: Surge in original and regional drive
Slide 37: Financial Overview
Financial Overview
Slide 38: Key Financial Highlights (Consolidated)
Key Financial Highlights (Consolidated) Total Income EBITDA EBITDA MARGIN PAT PAT MARGIN 12,00 0.00 4,500 .0 0 50 3,000.00 35 10,437.01 3,969.16 3,876.20 48 33 4,000 .0 0 10,000.00 2,5 00.00 2,411.23 9,043.43 46 31 2,074.55 3,500.00 43.39 44 27.98 29 8,000 .0 0 3,000.00 2,0 00.00 2,347.90 26.99 1,61
Slide 39: Profit & Loss Statement (Consolidated)
Profit & Loss Statement (Consolidated) (In ₹ Lakhs) Particulars FY25 FY24 FY23 Revenues From Operations 10,215.79 8,933.05 5,789.42 Other Income 221.23 110.38 84.43 Total Income 10,437.01 9,043.43 5,873.86 Changes in Inventories of Work-in-Progress (557.17) (2,772.03) (194.14) Employee Benefits Expe
Slide 40: Balance Sheet (Consolidated)
Balance Sheet (Consolidated) (In ₹ Lakhs) Equities & Liabilities FY25 FY24 FY23 Assets FY25 FY24 FY23 Share Capital 1,357.92 1,357.92 1,164.00 Non Current Assets Reserves and Surplus 15,136.69 13,116.08 3,256.85 Fixed Assets 3,088.62 3,333.45 1,039.99 Net Worth 16,494.61 14,474.00 4,420.85 Non Curre
Slide 41: Cashflow Statement (Consolidated)
Cashflow Statement (Consolidated) (In ₹ Lakhs) Particulars FY25 FY24 FY23 Cashflow from Operations (1,880.84) (5,417.51) (998.97) Cashflow from Investments 189.83 (2,020.22) (1,061.79) Cashflow from Financing 1,701.22 8,852.07 2,299.18 Exchange difference on Realized (Loss)/Gain 6.03 6.74 0.00 Net C
Slide 42: Key Ratios (Consolidated)
Key Ratios (Consolidated) (In Times) (In %) (In %) ROE ROCE Debt To Equity Ratio 0.3 65.48 70 0.25 0.25 60 50 43.67 45 50 0.2 40 40 35 0.16 0.15 0.14 30 25.52 30 20.66 25 0.1 15.54 20 20 13.40 15 0.05 10 10 5 0 0 0 FY23 FY24 FY25 FY23 FY24 FY25 FY23 FY24 FY25 41 Investor Presentation
Slide 43: Key Ratios (Consolidated)
Key Ratios (Consolidated) (In ₹) (In Times) (In ₹) Current Ratio Earnings Per Share Net Asset Value Per 5.00 25 140.00 Share 4.60 121.47 118.88 120 .0 0 4.50 19.80 20 4.00 3.79 3.65 100.00 3.50 15.97 14.88 15 80 .0 0 3.00 2.50 60 .0 0 10 2.00 43.60 40 .0 0 1.5 0 5 1.0 0 20.00 0.50 0.00 0 0.00 FY23 F
Slide 44: The Path Ahead
The Path Ahead
Slide 45: Business Strategies
Business Strategies Strategic Fundraise (July 2025): PhantomFX raised ₹59.99 crore via Qualified Institutional Placement (QIP), with participation from marquee investors including HDFC Bank, Vikasa India EIF I Fund, and Beacon Stone Capital. Proceeds are being utilised for international expansion, A
Slide 46: Business Model
Business Model Acquisitions Expanding globally through Tippett Studio and Milk VFX for talent and recognition. New Verticals Exploring gaming, 3D ride animations, and original IP creation. Business Model Full-Service Studio Aims to expand from VFX to full- service 3D animation and creative studio Cl
Slide 47: Stock Data
Stock Data Stock Information Share Holding Pattern As on 20-11-2025 As on Sept-2025 Share Price (₹) 294.30 Market Capitalization (₹ Cr) 468.61 44.83% No. of Shares 1,59,22,800 55.17% Face Value (₹) 10.00 Promoter and Promoter Group Public 52-week High-Low (₹) 327.95/165.00 Source: NSE-PHANTOMFX 46 I
Slide 48: Thank You
THANK YOU Phantom Digital Effects Limited 6th floor, Tower-B, Kosmo One Tech Park, Plot No.14, 3rd Main road, Ambattur, Chennai 600058 E-mail: cs@phantom-fx.com Phone: 044 4384 6228 Website: www.phantomfx.com AKMIL Strategic Advisors Private Limited Office No. 1011, 10th Floor, Opal Square, Road No.