Prime Focus Limited · NSE:PFOCUS
Prime Focus — Q4 FY2026 Earnings Presentation
21 slides from Prime Focus's earnings presentation, May 29, 2026
Slide 1: Exchange filing cover letter for Investor Presentation Q4 & FY 2026
May 29, 2026 To, To, National Stock Exchange of India Limited BSE Limited Listing Department, Listing Department, Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Dalal Street, Bandra East, Mumbai – 400 051 Mumbai – 400 001 Fax Nos.: 26598237 / 26598238 Fax Nos.: 22723121/2037/2039 R
Slide 2: Quarterly Presentation Q4 & FY 2026
QUARTERLY PRESENTATION Q4 & FY 2026
Slide 3: Key Stats
KEY STATS 9,900+ c.90% c.94% Global Revenue from Revenue Employees recurring customers ex-India c.$1bn INR 4,676 cr. 30% Order book & visible FY 2026 FY 2026 YoY pipeline for FY27 and Revenue Revenue Growth beyond c.80% 30% 8 VFX Oscars Headcount FY 2026 EBITDA Margin 7 in the last 10 years based ou
Slide 4: Integrated Platform Driving Scalable Growth
INTEGRATED PLATFORM DRIVING SCALABLE GROWTH VERTICALS CREATIVE AI/ TECHNOLOGY PRODUCTION ● World’s No. 1 independent VFX and ● Secure, end-to-end enterprise content platform ● Selective strategic co-productions animation services provider with top tier studios and film makers ● Brahma AI has 3 key p
Slide 5: A Global Footprint Advantage
A GLOBAL FOOTPRINT ADVANTAGE Prime Focus Limited’s global footprint provides a massive competitive advantage, allowing the company to provide services worldwide and at a significantly lower cost due to a large India-based workforce 9,900+ 24 EMPLOYEES LOCATIONS GLOBALLY LONDON LEEDS BUDAPEST MOHALI
Slide 6: DNEG Is Recognized for Its Global, Premium Content
DNEG IS RECOGNIZED FOR ITS GLOBAL, PREMIUM CONTENT 25 YEARS OF CLIENT RELATIONSHIPS 80+ DNEG has won many prestigious industry awards over recent years, further enhancing an already stellar reputation Industry leading VFX Supervisors 8 ACADEMY AWARDS 8 BAFTA AWARDS 26 VISUAL EFFECTS SOCIETY AWARDS 4
Slide 7: Key Business Highlights
KEY BUSINESS HIGHLIGHTS 6
Slide 8: DNEG Continues to Maintain Its Global Leadership Position
DNEG CONTINUES TO MAINTAIN ITS GLOBAL LEADERSHIP POSITION KEY Q4 FY26 PROJECTS IN PRODUCTION SHOWS 7
Slide 9: Brahma AI Is the Leading AI-Native Enterprise Content Platform
BRAHMA AI IS THE LEADING AI-NATIVE ENTERPRISE CONTENT PLATFORM Highest Fidelity Output Combined with Enterprise-grade Trust Infrastructure STUDIO AT A GLANCE Category-defining AI Content ATMAN VAANI IDEATION AGENT Creation Engines 100M+ >60 Photoreal Digital Avatar Face & Voice Localization Concept
Slide 10: Target Customers and User Cases
TARGET CUSTOMERS AND USER CASES Scaling personalized, trusted content across industries Media & Entertainment Broadcasting & News Sports & Athletics Healthcare & Pharma Anchor & Phase 1 ● Localize and scale IP libraries ● Multilingual news anchors ● Digital athletes for fan engagement ● Digital phys
Slide 11: Key Highlights
KEY HIGHLIGHTS ● Brahma AI saw continued commercial growth this quarter, winning new multi-year deals, renewing key contracts, and converting POCs into enterprise engagements that mark durable, recurring growth ● Strategic partnership with Google Cloud confirmed with a joint operating framework acro
Slide 12: Prime Focus Studios
PRIME FOCUS STUDIOS KEY GLOBAL RELEASES FOR FY 2027 DIWALI 2026 CHRISTMAS 2026 EARLY 2027 EARLY 2027 RAMAYANA THE ANGRY BIRDS MOVIE 3 ANIMAL FRIENDS COCOMELON THE MOVIE Producing the biggest Partnering with Paramount, Rovio, SEGA, Warner Bros./Legendary Universal/Dreamworks/ budget Indian film ever
Slide 13: Recurring Revenue Streams from the World's Largest Content Creators
RECURRING REVENUE STREAMS FROM THE WORLD’S LARGEST CONTENT CREATORS % REVENUE FROM RECURRING CUSTOMERS(a) PFL Group Order Book and Visible Pipeline(b) Contracted & Confirmed Highly Visible Pipeline c.$1bn Order book & visible pipeline for FY27 and beyond Additional addressable market revenue opportu
Slide 14: Financial Update
FINANCIAL UPDATE 13
Slide 15: Financial Performance
FINANCIAL PERFORMANCE INR Crore +30% +41% +15% REVENUE 22% 30% 24% 33% 35% +81% +110% EBITDA +24% PAT Note: EBITDA excluding Other Income and FX. EBITDA Margin 14
Slide 16: Strong Momentum in Q4 FY26
STRONG MOMENTUM IN Q4 FY26 INRcr Q4 FY25 Q3 FY26 Q4 FY26 QoQ YoY ● Revenue growth of 41% YoY driven by Revenue 979 1,207 1,384 15% 41% tentpole projects, including Ramayana, Dune 3, Masters of the Universe and Personnel Cost (607) (719) (777) 8% 28% Blade Runner 2099 Employee Cost (575) (644) (684)
Slide 17: Growth Driven Return to Profitability
GROWTH DRIVEN RETURN TO PROFITABILITY INRcr FY 25A FY 26A YoY Revenue 3,599 4,676 30% Personnel Cost (2,370) (2,827) 19% Employee Cost (2,182) (2,525) Other Direct Cost(1) (188) (303) Indirect cost (443) (425) EBITDA 786 1,423 81% EBITDA Margin 22% 30% Other Income 37 34 FX gain / (loss) 190 75 D&A
Slide 18: Strong Operating Cash Flow Generation
STRONG OPERATING CASH FLOW GENERATION SUMMARY CASH FLOW STATEMENT Particulars (INRcr) FY26 ● Strong Operating Cash Flow on the back of robust revenue growth and operational efficiencies Profit Before Tax 334 Non-cash & other PL adjustments (Depreciation, ● Amount attributed towards change in working
Slide 19: Clear Intent to Pare Indebtedness
CLEAR INTENT TO PARE INDEBTEDNESS INRcr FY 2025 FY 2026 ● Increase in Total Gross Debt primarily driven by FX impact (non-cash) from conversion of foreign currency loans into INR terms - c. INR 440cr Term Loan 3,290 3,668 ● Ex-forex impact, there was a slight reduction in Net Debt YoY Working Capita
Slide 20: Key Strengths
BENEFITING FROM STRONG TECH INDUSTRY TAILWINDS AND BACKBONE AND WELL-POSITIONED FOR WORLD CLASS AI GROWTH CAPABILITIES GLOBAL LEADER IN VFX DEEPLY EMBEDDED AND ANIMATION SERVICES IN CONTENT ECOSYSTEM KEY STRENGTHS HIGHLY RECURRING EXPERIENCED AND VISIBLE AND DEDICATED REVENUE BASE MANAGEMENT TEAM DI
Slide 21: Thank You
THANK YOU