Balaji Telefilms Limited · NSE:BALAJITELE
Balaji Telefilms — Q2 & H1 FY26 Earnings Presentation
38 slides from Balaji Telefilms's earnings presentation, Nov 13, 2025
Slide 1: Exchange filing cover letter
November 13, 2025 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 f
Slide 2: Leading Stories. Leaving Legacies. Quarterly Performance Update Q2 & H1 FY26
LEADING STORIES. LEAVING LEGACIES. Quarterly Performance Update Q2 & H1 FY26
Slide 3: Table of Contents
Table of Company Overview Business Overview & Segments Way Ahead Industry Overview Financials
Slide 4: Company Overview
Company Overview
Slide 5: At a Glance
– At a Glance TELEVISION FILMED ENTERTAINMENT DIGITAL TV Shows Movies Shows live on Kutting (Including DD & Regional) Movies produced in FY25 Movies under production New YouTube Original Shows Production Hours in Q2 FY26 with 400M+ Views since launch Foray into Ad production Blockbuster Hits, Each E
Slide 6: Highlights
Highlights Consolidated revenue for the quarter stood at Rs. 48.8 cr Launched AstroVani – premium astrology app – as part of diversifying digital product offerings Launched Balaji Studio – bespoke & agile production platform for next-gen content and ideation for TV & Digital platforms Launched Kutti
Slide 7: Netflix & Balaji Telefilms long-term creative collaboration
• 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, audience-first narratives to the partnership •
Slide 8: Overview
Overview Incorporated in 1994, Balaji Telefilms Limited is over three decades old in the entertainment industry and is a pioneer in its field Company’s operations span across television, movies, and subscription-based video-on- demand (SVOD) segments, and a leading OTT platform Revenue Distribution
Slide 9: Promoters and leadership
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 Mrs. Shobha Kapoor has been at the helm of Ekta Ravi Kapoor leads the day-to-day star, starrin
Slide 10: Dynamic leadership team
Dynamic 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 Mr. Vimal Doshi has a total work experience in the film industry of ~ experience spanning Media, Entertainment & FMCG sectors. 26 years. He joined
Slide 11: Our brands and entities
Our AstroVani Balaji Telefilms, Balaji Hoonur Telefilms Digital and Balaji Motion Pictures ALT Digital Media DING Infinity Entertainment (ALTT) ALT Entertainment Cult Movies Marinating Films Kuttingg
Slide 12: Our journey
Our • ‘Dream Girl 2’ & ‘Crew’ generated Rs. 100+ cr revenue globally • Company successfully amalgamates BTL, MFPL & ALT First appearance in Forayed into regional Released new hit Launched own Entered reality Digital Media Entertainment entertainment language TV shows, show ‘Bade Achhe streaming plat
Slide 13: Business Overview & Segments
Business Overview & Segments
Slide 14: Digital business strategy
Leverage & replicate the Partnering with brands to produce experience, expertise in TV branded content. Working directly with content & production, in the corporates to produce Advertiser Digital space funded programs (AFP) Established as an Evolving from SVOD to combination of Audience-preferred SV
Slide 15: Top rated IMDb ALTT shows
Top rated IMDb ALTT shows Sar > it ( \ THES ESTCASE ki ae
Slide 16: Growing Films Business; De-Risked Business Model
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-line of
Slide 17: Recent Theatrical Releases
Recent Theatrical Releases
Slide 18: Upcoming Movie Projects
Upcoming Movie Projects
Slide 19: Strong pipeline
Strong pipeline • Overall demand for TV content remains stable with our shows continuing to generate audience interest. Broadcaster Show Zee Kumkum Bhagya • 4 shows contributed to 131 hours of production in Q2 FY26 • Upcoming TV Show – Naagin 7 (Jio - Hotstar) Jiostar India Private Ltd Parineeti
Slide 20: Way Ahead
~ Way Ahead
Slide 21: Way Forward: Digital Thrust
– Way Forward Digital Thrust Shift from SVOD to hybrid (SVOD + AVOD) model – leading to increase subscriber- base (B2C) and subscription-based revenue AstroVani – astrology app launched New Platform – ‘Kutingg’ – comprising vertical short episode-based content B2B Partnerships with more platforms fo
Slide 22: Way Forward: Focus on Movies
– Way Forward Focus on Movies – De-Risked Business Model Pipeline of movies across genres and Leverage existing stronghold on targeting wider audiences domestically as prime-time with new and existing aimed at consolidating content well as in international markets. De-risked model shows production o
Slide 23: Industry Overview
Industry Overview
Slide 24: Industry
Industry India’s Media & Entertainment (M&E) sector set for strong growth – Global M&E market size 2023-2028 projected 10.2% increase to Rs. 2.55 trillion (US$ 30.8 billion) by 2024 4,000.00 3,546.76 and a 10% CAGR, hitting Rs. 3.08 trillion (US$ 37.2 billion) by 2026 3,000.00 2,706.24 2,507.25 Shar
Slide 25: Industry Overview
Industry Overview Average hours per day spent on phones 7 6.3 6 5.3 5.0 4.8 4.8 5 Indians spent 4.95 hours per day on phone apps in 4 2024, a 3.1% growth over 2023 3 In aggregate, India spent more than 1.1 trillion hours on digital platforms, higher than any other 2 market worldwide, which shows the
Slide 26: Industry Overview
Industry Overview Number of Screens Theatrical revenues by language 53 55 52 45 5,090 5,089 5,169 5,383 10 9 4,511 4,512 4,573 4,544 6 5 2018 2019 2023 2024 English Hindi South Indian Other languages South India Rest of India 2023 2024 Screen count increased 2% to reach 9,927 Gross box office collec
Slide 27: Industry Overview
Industry Overview Viewership Share by Genre Entertainment (GEC & movies) 11% Sports 75% of all viewership was linked to GEC and movies, a ratio which 4% News has remained stable for six years 7% Despite marquee events like the T20 Cricket World Cup and the IPL, Music sports viewership dropped by 27%
Slide 28: Financials
= \ Financials
Slide 29: Consolidated Financial Snapshot
Consolidated Financial Snapshot
Slide 30: Segmental Snapshot - Q2 FY26
Segmental Snapshot - Commissioned (TV + Diaital) Revenue = 37.86 Cr Q2 FY26 Movie Revenue = 4.64 Cr Diaital (B2C) Revenue =5.91 Cr Business EBITDA = (3.36) Cr Business EBITDA = 2.93 Cr Business EBITDA = (3.30) Cr
Slide 31: Consolidated Quarterly
Consolidated Quarterly In ₹ Cr Q2 FY26 Q2 FY25 Q1 FY26 H1 FY26 H1 FY25 Total Income from operations 48.8 144.4 72.8 121.6 293.6 Other Income 2.6 2.1 4.0 6.6 3.2 Total Income 51.5 146.5 76.8 128.3 296.8 Cost of Production 36.3 102.1 57.5 93.8 220.2 Marketing and Distribution 1.4 7.4 5.4 6.8 14.3 Empl
Slide 32: Standalone Quarterly
Standalone Quarterly In ₹ Cr Q2 FY26 Q2 FY25 Q1 FY26 H1 FY26 H1 FY25 Total Income from operations 48.8 144.4 72.8 121.6 293.6 Other Income 2.7 2.4 4.1 6.8 3.6 Total Income 51.6 146.8 76.9 128.5 297.2 Cost of Production 36.3 101.6 57.4 93.7 219.7 Marketing and Distribution 1.5 9.2 5.4 6.9 18.2 Employ
Slide 33: Consolidated Annual
Consolidated Annual Revenue from Operations (Rs in Cr) EBITDA (Rs in Cr) PAT (Rs in Cr) 700 60 46 100 85 625 593 40 600 20 50 500 453 19 0 400 337 -20 FY22 FY23 FY24 FY25 0 -13 -19 FY22 FY23 FY24 FY25 300 -40 -60 -50 -38 200 -80 100 -100 -100 0 -120 FY22 FY23 FY24 FY25 -140 -122 -150 -133 Profitabil
Slide 34: Consolidated annual P&L FY22-FY25
Consolidated (In ₹ Cr ) FY22 FY23 FY24 FY25 Total Income from operations 336.9 593.0 625.1 453.1 Other Income 7.3 13.4 6.0 14.4 Total Income 344.2 606.4 631.1 467.5 Cost of Production 327.4 511.3 468.5 343.9 Gross Margin 9.4 81.7 156.6 109.7 Gross Margin % 3% 14% 25% 24% Marketing and Distribution 3
Slide 35: Standalone annual P&L FY22-FY25
Standalone (In ₹ Cr ) FY22 FY23 FY24 FY25 Total Income from operations 242.1 517.2 620.7 453.1 Other Income 6.9 23.9 6.3 13.9 Total Income 249.0 541.1 627.0 467.0 Cost of Production 187.5 413.2 465.1 343.4 Gross Margin 54.6 104.0 155.6 109.7 Gross Margin % 23% 20% 25% 24% Marketing and Distribution
Slide 36: Consolidated balance sheet
PARTICULARS (₹ Cr.) 31st Mar’ 24 31st Mar’ 25 30th Sept’ 25 PARTICULARS (I₹ Cr.) 31st Mar’ 24 31st Mar’ 25 30th Sept’ 25 EQUITIES & LIABILITIES ASSETS Equity Non-Current Assets (A) Equity Share Capital 20.3 23.9 23.9 (A) Property, Plant and Equipment 15.5 9.7 10.6 (B) Other Equity 410.8 633.4 625.8
Slide 37: Share Price Movement and Shareholding
Share Price Movement FII 25.2% Promoter 31.9% Public 42.9% Promoter Public FII 01-Oct-24 01-Nov-24 01-Dec-24 01-Jan-25 01-Feb-25 01-Mar-25 01-Apr-25 01-May-25 01-Jun-25 01-Jul-25 01-Aug-25 01-Sep-25 Key FII’s invested – Gothic Corp., Atyant Capital Balaji Telefilms Nifty Media Reliance Industrie
Slide 38: Contact details
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 Mr. Vaibhav Gupta vaibhav.gupta@adfactorspr.com
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