Prime Focus Limited · NSE:PFOCUS
Prime Focus — Investor Presentation (January 2026)
32 slides from Prime Focus's investor presentation, January 2026
Slide 1: Start With Impossible
START WITH IMPOSSIBLE JANUARY 2026
Slide 2: Contents
CONTENTS About Prime Focus Business verticals ● Visual Effects and Animation services: DNEG ● AI/ Technology: BRAHMA AI ● Production: Prime Focus Studios Financial overview
Slide 3: Prime Focus. AI – Founder and Group CEO message
PRIME FOCUS. AI “I am incredibly enthused by the journey of the Prime Focus Group thus far. Our investments in technology over the years have started bearing significant results. While DNEG, our multiple-Oscar-winning VFX and animation business, continues to go from strength to strength, the real ga
Slide 4: Leading, Diversified VFX & Animation Services Company
LEADING, DIVERSIFIED VISUAL EFFECTS (VFX) & ANIMATION SERVICES COMPANY THREE KEY VERTICALS CREATIVE AI/ TECHNOLOGY PRODUCTION ● World’s No. 1 independent VFX and ● Secure, end-to-end enterprise AI platform ● Selective strategic co- animation services provider productions with top tier studios ● Brah
Slide 5: Key Stats
KEY STATS 9,800+ 27 yrs+ 90%+ ~$775 mn Global Customer Revenue from Order book & visible pipeline Employees relationships recurring customers for Q4 FY26 and beyond INR 3,322 cr. INR 1,078 cr. 8 VFX $ 385 mn $ 125 mn Oscars YTD Q3 FY26 Revenue YTD Q3 FY26 EBITDA 7 in the last 10 years BLUE CHIP CUST
Slide 6: 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 9,800+ EMPLOYEES 24 LOCATIONS GLOBALLY LEEDS MOHALI SOFIA BUDAPEST N
Slide 7: Visual Effects (VFX) and Animation Services
VISUAL EFFECTS (VFX) AND ANIMATION SERVICES 7
Slide 8: DNEG VFX & Animation Showreels
DNEG VFX & ANIMATION SHOWREELS Film_VFX_SHOWREEL 2.jpg DN_Animation_SHOWREEL_Thumbnail-03_V2.png VFX Showreel Animation Showreel 8
Slide 9: Turnkey Solution Provider
TURNKEY SOLUTION PROVIDER DNEG has complete end-to-end capabilities available to partner with the world’s premier content creators. Film & Feature & Episodic Episodic VFX Animation Full Service, End-to-end Capabilities Across: Stereo Conversion End-to-end Production Services Studios Media Content an
Slide 10: DNEG Is Fully Integrated Into the Content Creation Process
DNEG IS FULLY INTEGRATED INTO THE CONTENT CREATION PROCESS Revenues are not dependent on release date, but rather work completion, taking no production risk (Months before release) CONTENT RELEASED PRE-PRODUCTION + CONCEPT ART Contributes majority of the Revenue BLADE RUNNER ~17-19 months CASE STUDY
Slide 11: 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 Industry leading years, further enhancing an already stellar reputation VFX Supervisors 8 ACADEMY AWARDS 8 BAFTA AWARDS 26 VISUAL EFFECTS SOCIETY AWARDS 4
Slide 12: DNEG Delivers the World's Most Premium Content
DNEG DELIVERS THE WORLD’S MOST PREMIUM CONTENT 12
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) VISUAL EFFECTS & ANIMATION SERVICES DNEG HAS DELIVERED LARGE SCALE CONTENT (excluding BRAHMA AI & PRIME FOCUS STUDIOS) FOR WORLD’S LARGEST CONTENT CREATORS ORDER BOOK AND VISIBLE PIPELINE AT Dec
Slide 14: TAM Growth Avenues: Theme Parks & Digital Concerts
TAM GROWTH AVENUES THEME PARKS & DIGITAL CONCERTS DNEG’s award winning VFX talent and cutting edge technology make the Group a pre-eminent vendor of choice for immersive experience clientele, from Universal Theme Parks (Harry Potter rides) to Digital Avatar concerts THEME PARKS DIGITAL CONCERTS DNEG
Slide 15: Secure End-to-End Enterprise AI Platform
SECURE END-TO-END ENTERPRISE AI PLATFORM FOR MANAGING, CREATING, AND DISTRIBUTING CONTENT AT SCALE 15
Slide 16: Enterprises Are Increasingly Using AV Content
ENTERPRISES ARE INCREASINGLY USING AV CONTENT Enterprises now generate and consume Yet the market is fragmented, ungoverned and more AV content than ever before non-integrated Organizations now communicate, train, and engage The AI content creation marketplace is growing faster than it is organizing
Slide 17: A Global $130BN+ Market Opportunity in Enterprise Content Transformation
A GLOBAL $130BN+ MARKET OPPORTUNITY IN ENTERPRISE CONTENT TRANSFORMATION UP FOR GRABS MEDIA ASSET GENERATIVE AI MARKETING MANAGEMENT (MAM) CONTENT CREATION ORCHESTRATION 2025 IN USD BN IN USD BN IN USD BN MANAGE: BRAHMA AI CORE CREATE: BRAHMA AI STUDIO DISTRIBUTE: BRAHMA AI CORE Source: Media Asset
Slide 18: The Platform
THE PLATFORM AV DATA INPUT NEW / ENHANCED CONTENT CREATION • Raw unstructured/semi structured AV Assets • Tagged and indexed content libraries • Rights Cleared Training Data • Hyper realistic digital human • Untagged and Unindexed enterprise archives • Authentic Face & Voice localization / articulat
Slide 19: The Age of Mind² video
The Age of Mind² YouTube Thumbnail.jpg 19
Slide 20: 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 ● Digital physicians for
Slide 21: Strong Revenue Visibility
STRONG REVENUE VISIBILITY Quick traction in the Brahma AI product business In February 2025, Brahma AI acquired Metaphysic, a $153m generative AI company Abu Dhabi-based United Al $70m Saqer Group (UASG) led the investment round in to Brahma in February 2025 which valued Brahma AI at $1.43bn Visible
Slide 22: Strategic Co-Productions
STRATEGIC CO-PRODUCTIONS 22
Slide 23: Strategic Co-Productions
STRATEGIC CO-PRODUCTIONS ● Prime Focus opportunistically joins as a co-producer on select marquee projects ● Helps solidify the Visual Effects & Animation order book ● DNEG’s unique positioning in the content creation ecosystem enables Prime Focus to capture additional revenue opportunities across t
Slide 24: Key Co-Productions
KEY CO-PRODUCTIONS Releases Diwali 2026 INDEPENDENT COMPLETED PENDING CONTRACTING 24
Slide 25: Building Long-Term Strategic Relationships
BUILDING LONG-TERM STRATEGIC RELATIONSHIPS Case Study: The Success of Statistics for The Garfield Movie Content Investment partnership ● Co-produced by Alcon Entertainment & Prime ● Investment in preferred position above common equity Focus Studios ● Global box office of $257m+ ● Theatrical distribu
Slide 26: Prime Focus Studios: India's Largest Integrated Production Facility
PRIME FOCUS STUDIOS INDIA'S LARGEST INTEGRATED PRODUCTION FACILITY ● Prime Focus Studios owns and operates one of India’s largest production studio facilities and offers a full range of production equipment, technology and 200,000 SQ.FT. 8 PURPOSE-BUILT CONCRETE FLOORS, SECURE CAMPUS - services. STU
Slide 27: Financials
FINANCIALS 27
Slide 28: Financial Performance
FINANCIAL PERFORMANCE INR cr Operating Revenue (including Other income) Visual Effects & Animation: Key Stats Q3 FY26 28% 40% 25% 33% 32% 87% 44% EBITDA UTILISATION GROSS (including Forex CONTRIBUTION % gain/loss) 90% 75% RECURRING INDIA CUSTOMERS HEADCOUNT PAT (458) Note: Utilisation as % of 251 wo
Slide 29: Appendix
Ja APPENDIX ——
Slide 30: DNEG VFX & Animation Breakdown Reels
DNEG VFX & ANIMATION BREAKDOWN REELS MEGASWRD_VFX_THUMB-05.jpg TC_Thumb.png VFX - ‘The Last of Us’ S2 Breakdown ANIMATION - ‘That Christmas’ Breakdown 30
Slide 31: Selected In Production Shows
SELECTED IN PRODUCTION SHOWS ANIMAL FRIENDS KLARA AND THE SUN 31
Slide 32: Thank You
THANK YOU