Balaji Telefilms Limited · NSE:BALAJITELE
Balaji Telefilms — Q4 FY26 Earnings Presentation
38 slides from Balaji Telefilms's earnings presentation, May 26, 2026
Slide 1: Exchange filing cover letter
May 26, 2026 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, “Exchange Plaza”, Dalal Street, Bandra-Kurla Complex, Bandra (East), Mumbai-400 001 Mumbai-400 051 Stock Code: 532382 Stock Code: BALAJITELE Sub: Quarterly Performance Update for Earnings Conference Call for Q4
Slide 2: Leading Stories. Leaving Legacies. Quarterly Performance Update Q4 & FY26
LEADING STORIES. LEAVING LEGACIES. Quarterly Performance Update Q4 & FY26
Slide 3: Table of Contents
Table of Contents 01 02 03 Company Overview Business Overview & Segments Way Ahead 04 05 Industry Overview Financials
Slide 4: Company Overview
Company Overview
Slide 5: Business – At a Glance
Business – At a Glance TELEVISION FILMED ENTERTAINMENT DIGITAL 200+ 50+ 350 crs+ TV Shows Movies Order Book (Including DD & Regional) 408+ 1 Movies produced in FY26 2 Movies under production 200+ Shows Produced Production Hours in FY26 FY27 pipeline includes 4 movies Bhooth Bangla Foray into Ad prod
Slide 6: Key Highlights of the Year
Key Highlights of the Year 1. Strong cash reserve at ~ Rs. 163 crores (in banks & mutual fund) as on date 2. Digital business (B2B) Order book of over Rs. 350 crores with leading OTT platforms 3. Successful release of ‘Bhooth Bangla’ ; Upcoming Releases – ‘Vvan’ & ‘Hero Ki Horroin’ 4. Strategic Long
Slide 7: Collaboration: Netflix and Balaji Telefilms
Collaboration: Netflix and Balaji Telefilms • Netflix & Balaji Telefilms entered into a long-term creative collaboration to develop a diverse range of storytelling projects across various formats • Ekta Kapoor, Padma Shri awardee & International Emmy winner, brings her legacy of culturally rich, aud
Slide 8: Company Overview
Company Overview Incorporated in 1994, Balaji Telefilms Limited is over three decades old in the entertainment industry and is a pioneer in its field Revenue Distribution (FY26) Company’s operations span across television, movies, and subscription-based video-on-demand 7% (SVOD) segments, and a lead
Slide 9: Board Members from the Promoter Group
Board Members from the Promoter Group Mr. Jeetendra Kapoor Mrs. Shobha Kapoor Ms. Ekta Ravi Kapoor Promoter & Non-Executive Chairman Promoter and Managing Director Promoter and Joint Managing Director Mr. Jeetendra Kapoor is a celebrated movie star, Mrs. Shobha Kapoor has been at the helm of Ekta Ra
Slide 10: Dynamic Leadership
Dynamic Leadership Mr. Sanjay Dwivedi Mr. Vimal Doshi Group CEO and Group CFO COO, Motion Pictures Mr. Sanjay Dwivedi is a seasoned professional with ~ 3 decades of experience Mr. Vimal Doshi has a total work experience in the film industry of ~ 26 years. spanning Media, Entertainment & FMCG sectors
Slide 11: Our Brands
Our Brands Astro Guide Balaji Telefilms, Balaji Hoonur Telefilms Digital and Balaji Motion Pictures ALT Digital Media DING Infinity Entertainment (ALTT) ALT Entertainment Cult Movies Marinating Films Kutingg KEY BRANDS UNDER BALAJI
Slide 12: Our Journey
Our Journey • Company successfully amalgamates BTL, MFPL & ALT Digital Media Forayed into regional Entertainment language TV shows, Produced & released 6 movies: ‘Ek Thi Three theatrical releases • Strategic partnership with Netflix First appearance in broadcasted on Sun TV & Daayan’, ‘Lootera’, ‘On
Slide 13: Business Overview & Segments
Business Overview & Segments
Slide 14: Digital
Digital Legacy Strength Balaji Studio Leveraging a proven, authorative Independent creator ecosystem 01 track record in TV & Films. Utilise deep rooted networks for reliable 04 building high value long form content for OTT and cost optimised content delivery and scale assets for Micro Drama platform
Slide 15: Top rated IMDb ALTT shows
Top rated IMDb ALTT shows ris si to) (PF a) af f ) “igh is - THETEST CASE
Slide 16: Movies
Movies Growing Films Business Rich library of Movie Productions Clear vision of 4-6 movies in a year with average ticket size 60-75 Cr Pre-sale proceeds from platform owner helps in reducing working capital requirement Focused on creation of IP’s which gives strength to do more sequels Strong pipe-l
Slide 17: Recent Theatrical Releases
Recent Theatrical Releases
Slide 18: Upcoming Movie Projects
Upcoming Movie Projects
Slide 19: Strong pipeline — TV & Movies
Strong pipeline — TV & Movies • Overall demand for TV content remains stable with Broadcaster Running TV Shows our shows continuing to generate audience interest. Jiostar India Private Ltd ❖ Nagin 7 • 3 shows contributed to 79 hours of production in FY26 ❖ Kyunki Saas Bhi Kabhi Bahu Thi 2 ❖ Capsule
Slide 20: Way Ahead
Way Ahead
Slide 21: Growth Strategy – Way Forward
Growth Strategy – Way Forward Digital Thrust Shift from SVOD to hybrid (SVOD + AVOD) model – leading to increase subscriber-base (B2C) and subscription-based revenue AstroGuide – astrology app launched – 2.5 lac downloads in 24 hours of launch New Platform launched – ‘Kutingg’ – comprising vertical
Slide 22: Growth Strategy – Way Forward
Growth Strategy – Way Forward Focus on Movies – De-Risked Business Model Movie Business TV Business Amalgamation of ALT and MFPL with Pipeline of movies across genres and Leverage existing stronghold on prime- Balaji Telefilms targeting wider audiences domestically as time with new and existing show
Slide 23: Industry Overview
Industry Overview
Slide 24: Industry Overview
Industry Overview Global M&E Market Size (USD Billion) INR 2.78 trillion — India's M&E sector size in 2025 (US$32 bn), growing 9% YoY — outpacing nominal GDP per-capita growth of 7.7% 40 38 35 31 32 29 11.8% growth — Sector growth in 2025 excluding online gaming, which was impacted by a 4- 30 month
Slide 25: Industry Overview — Digital
Industry Overview — Digital Avg. Hours per Day on Phones (2025) 1.23 trillion hrs — Indians spent on smartphones in 2025, with 59% of that time on 7 7 media & entertainment — highest in the world by time spent 5 5 5 572 million — Online video viewers in India in 2025, up 4% (22 mn) YoY; India's tota
Slide 26: Industry Overview — Movies
Industry Overview — Movies Number of Screens Theatrical Revenues by Language (INR bn) 12000 70 62 10000 60 52 49 50 45 8000 40 6000 30 4000 20 9 11 2000 10 5 8 0 0 2018 2019 2023 2024 2025E English Hindi South Indian Others South India Rest of India 2024 2025 India's total box office hit a record ₹1
Slide 27: Industry Overview — Television
Industry Overview — Television Viewership Share by Genre (2025) 745 million — Indians reached by television on a weekly basis in 2025 — linear TV remains India's largest medium by reach, even as economics shift 4% 4% 7% 5% Entertainment (GEC & Movies) 80% viewership — Attributed to Entertainment (GE
Slide 28: Financials
Financials
Slide 29: Consolidated Financial Snapshot
Consolidated Financial Snapshot Q4 FY26 FY26 Revenue (₹) PBT (₹) / Margin (%) Revenue (₹) PBT (₹) / Margin (%) ₹47.6 Cr ₹ (18.1)Cr / (38%) ₹210.8 Cr ₹(64)Cr / (30.37%) PAT (₹) / Margin (%) EPS (₹) PAT (₹) / Margin (%) EPS (₹) ₹ (14.2) Cr / (29.75%) ₹(1.17) ₹(49.6) Cr / (23.55%) ₹(4.09)
Slide 30: Segmental Snapshot – FY26 (Consol.)
Segmental Snapshot – FY26 (Consol.) Commissioned Movie Digital (TV + Digital) (B2C) Revenue Revenue Revenue ₹163.9Cr ₹15.3 Cr ₹35.8 Cr EBIDTA EBIDTA EBIDTA ₹(13.4) Cr ₹ (31.2) Cr ₹ (19.4) Cr
Slide 31: Consolidated Quarterly Financials
Consolidated Quarterly Financials In ₹ Cr Q4 FY26 Q4 FY25 Q3 FY26 Total Income from operations 47.6 66.3 41.6 Other Income 1.5 10.3 2.2 Total Income 49.1 76.5 43.8 Cost of Production (incl. change in inventory) 42.8 51.7 54.4 Marketing and Distribution 3.6 5.0 1.8 Employee Benefits Expense 7.8 9.0 9
Slide 32: Standalone Quarterly Financials
Standalone Quarterly Financials In ₹ Cr Q4 FY26 Q4 FY25 Q3 FY26 Total Income from operations 47.6 66.3 41.6 Other Income 1.6 9.2 2.3 Total Income 49.2 75.5 43.9 Cost of Production 42.0 51.7 53.4 Marketing and Distribution 3.7 5.1 1.9 Employee Benefits Expense 7.3 8.7 8.8 Other Expenses 10.6 19.6 7.8
Slide 33: Consolidated Annual Financial Trends
Consolidated Annual Financial Trends Revenue from Operations (Rs in Cr) EBITDA (Rs in Cr) PAT (Rs in Cr) 700 60 100 625 46 85 593 600 40 80 500 453 60 20 400 40 0 19 FY23 FY24 FY25 FY26 20 300 211 -20 -13 -19 0 200 -40 FY23 FY24 FY25 FY26 -20 100 -60 -40 0 -38 -65 FY23 FY24 FY25 FY26 -80 -60 -50 36
Slide 34: Annual P&L
Annual P&L Consolidated (In ₹ Cr ) FY22 FY23 FY24 FY25 FY26 Total Income from operations 336.9 593.0 625.1 453.1 210.8 Other Income 7.3 13.4 6.0 14.4 10.3 Total Income 344.2 606.4 631.1 467.5 221.2 Cost of Production 327.4 511.3 468.5 343.9 191.1 Gross Margin 9.4 81.7 156.6 109.7 19.8 Gross Margin %
Slide 35: Annual P&L
Annual P&L Standalone (In ₹ Cr ) FY22 FY23 FY24 FY25 FY26 Total Income from operations 242.1 517.2 620.7 453.1 210.8 Other Income 6.9 23.9 6.3 13.9 10.7 Total Income 249.0 541.1 627.0 467.0 221.6 Cost of Production 187.5 413.2 465.1 343.4 189.1 Gross Margin 54.6 104.0 155.6 109.7 21.7 Gross Margin %
Slide 36: Consolidated Balance Sheet
Consolidated Balance Sheet PARTICULARS (₹ Cr.) 31st Mar’ 25 31st Mar' 26 PARTICULARS (₹ Cr.) 31st Mar’ 25 31st Mar’ 26 EQUITIES & LIABILITIES ASSETS Non-Current Assets Equity (A) Property, Plant and Equipment 9.7 9.3 (A) Equity Share Capital 23.9 24.4 (B) Goodwill on consolidation 3.2 2.2 (B) Other
Slide 37: Shareholding Pattern & Stock Performance
Shareholding Pattern & Stock Performance FII 24.6% Promoter 31.3% Public 44.1% Promoter Public FII ❑ Key FII’s invested – Gothic Corp., Atyant Capital ❑ Reliance Industries leads public shareholding pie
Slide 38: Thank You
Thank You Balaji Telefilms Limited Investor Relations Ms. Tannu Sharma Adfactors PR Pvt. Ltd. Company Secretary & Compliance Officer Mr. Rahul Trivedi tannu.sharma@balajitelefilms.com rahul.trivedi@adfactorspr.com https://www.balajitelefilms.com Ms.Mamta Samat Mamta.samat@adfactorspr.com Mr.Rahul Vi