Basilic Fly Studio Ltd. · NSE:BASILIC
Basilic Fly Studio — Investor Presentation (March 2026)
50 slides from Basilic Fly Studio's investor presentation, March 2026
Slide 1: Investor Presentation
Investor Presentation March 2026 January 2026
Slide 2: Basilic Fly Studio At Glance
Basilic Fly Studio At Glance 12+ 6 Locations 750+ 420+ Years of Experience across Key Markets Team Members Clients 11,550+ 1,150+ 2,200+ 8,160+ Projects Delivered Movies Delivered Series Delivered Commercials Delivered 129% 270% 20% 22% 3 Year Revenue 3 Year PAT CAGR* ROE# ROCE# CAGR* * Figures as o
Slide 3: Company Overview
Company Overview
Slide 4: Company Overview
Company Overview Basilic Fly Studio Limited (BFS), incorporated in 2016, is a global visual effects studio Consolidated Operational Revenue providing end-to-end visual effects services for films, television series, web content, (INR Mn) & EBITDA Margins (%) and commercials. 3,041 2,944 48.92% 47.7
Slide 5: From a Small Workspace to the World Stage
From a Small Workspace to the World Stage Laying the Foundations Milestone Year Capital Infusion through QIP Started with a core team of 6 VFX • Crossed INR 300 Cr turnover Raised INR 85 Cr via QIP by issuing professionals led by Mr. Balakrishnan, laying • Touched ~INR 1,500 Cr Market Cap 20.25 lakh
Slide 6: Board Leadership & Governance: Basilic Fly Studio
Board Leadership & Governance: Basilic Fly Studio Mr. Balakrishnan Mr. Vengarai Seshadri Sowrirajan Managing Director & CEO Independent Director He holds a Master’s degree in Electronic Media from Anna He holds a B.A. in Corporate Secretaryship from Madras University University. As a senior executiv
Slide 7: Core Team Behind Execution
Core Team Behind Execution Gaurav Mehra Zameer Hussain Ikkurthi Chandramohan Chief Financial Officer COO and Global EVP Company Secretary & He brings over 20 years of He brings over 28 years of experience Compliance Officer experience in CFO and senior in the VFX and creative industries, He is a mem
Slide 8: Client Facing Team
Client Facing Team Marianne Speight Abishek Nair Theresa Patten-Koeckert Director of Business Global Creative Business Development Development Head, UK Executive Marianne Speight is an experienced business Abishek Nair is a Visual Effects Supervisor with Theresa Patten-Koeckert is a business develop
Slide 9: Building a Global VFX Network
Building a Global VFX Network BFS BFS - One Of Us London, UK London, UK BFS Vancouver, Canada BFS Pune, India BFS Headquarters Chennai, India BFS - One of Us Paris, France 9
Slide 10: A Legacy of Award-Winning Work
A Legacy of Award-Winning Work Nominations: BAFTA Awards • Best Achievement in Special Visual Effects – The Matrix Resurrections 15 years of Vidhai - Akshaya Patra - Gratitude MSME Award - Next NDA Signing Ceremony - • Special Visual and Graphic Agaram Foundation Award Gen Icon 2025 SRM University E
Slide 11: Business Overview
Business Overview
Slide 12: Business Overview
Business Overview What we do • Provide visual effects execution services • For films, television series, web content, and commercials Who we work for • Production houses developing film and series content • Streaming platforms with ongoing content pipelines • Global visual effects studios through ou
Slide 13: Positioning in the Visual Effects Value Chain
Positioning in the Visual Effects Value Chain Pre-Production Production Post-Production • Pre-visualization and concept • Asset creation and animation • Lighting and rendering development • Effects simulation and technical • Compositing and final visual • On-set visual effects visual effects deliver
Slide 14: End to End Visual Effects Capabilities
End to End Visual Effects Capabilities Pre-Production R&D Production Services • Storyboarding • Pipeline development • Concept Art • On-Set VFX Supervision • Software development • Creative Design • Plate Data Management • AI & Machine learning • Virtual Production Support Motion Graphics & Design P
Slide 15: Trusted by the World’s Leading Studios & Streamers
Trusted by the World’s Leading Studios & Streamers 15
Slide 16: Execution at Scale: 1,150+ Movies Delivered
Execution at Scale: 1,150+ Movies Delivered 16
Slide 17: Execution at Scale: 2,200+ Series Delivered
Execution at Scale: 2,200+ Series Delivered 17
Slide 18: Execution at Scale: 8,160+ Commercials Delivered
Execution at Scale: 8,160+ Commercials Delivered 18
Slide 19: Global Blockbusters- Oscar Selected & Won!
Global Blockbusters- Oscar Selected & Won! Avatar; Fire & Ash F1 the movie Sinners Winners Hamnet Bugonia Nominated for top 20 Mission Impossible : The Electric State FInal Reckoning Shutter Bird 1 9
Slide 20: Credited across Global Blockbusters
Credited across Global Blockbusters 20
Slide 21: Clients Testimonials
Clients Testimonials John Mangia Matt Gore VFX Supervisor at Marvel Studios VFX Producer – Superman & Lois We’re putting the final touches on a few shots but hopefully folks I’ve worked with Basilic Fly on numerous projects over the years, and their appreciate all the love that was put into the show
Slide 22: One of Us: High-End VFX Capabilities and Award-Winning Talent
One of Us: High-End VFX Capabilities and Award-Winning Talent Team at OOU Established Creative Powerhouse: Founded in London in 2004 by co-founders Rachael Penfold, Dominic Parker, and Tom Debenham. Ms. Rachael Penfold Reputation and Scale: An award-winning visual e ects studio highly regarded f
Slide 23: One of Us: Value Accretion to the Business
One of Us: Value Accretion to the Business Inheriting Tier 1 Creative Advanced Tool Access Capability Operationally Firepower: Driving R&D Savings: Ready with rapid execution: BFS gains Creative Firepower by OOU provides immediate access to AI- BFS gains instant access to OOU's incorporating 300+ se
Slide 24: One Of Us: Work that Speak for Itself
One Of Us: Work that Speak for Itself Constellation VFX Damsel VFX Hamlet VFX Breakdown Reel Breakdown Reel Breakdown Reel The Wheel of Time S3 VFX The Witcher S4 VFX Breakdown Troll 2 VFX Breakdown Reel Reel Breakdown Reel Click on the image to view full video 24
Slide 25: One Of Us: Enhancing our portfolio with premium projects
One Of Us: Enhancing our portfolio with premium projects Recent Projects Delivered The Witcher: S4 Mission Impossible: The The Wheel of Time S3 Havoc final Reckoning The Bride! Troll 2 Return to Silent Hill Hamnet 2 5
Slide 26: Global Delivery Powered by Technology
Global Delivery Powered by Technology Advanced, Cloud-Powered Workflow: AWS-enabled production workflows which enable real-time collaboration, secure asset sharing, and scalable global delivery. Seamless Multi-Location Integration: Unified platforms seamlessly integrate teams across India, the U
Slide 27: Industry Overview
Industry Overview /
Slide 28: Global VFX Industry Landscape
Global VFX Industry Landscape Streaming Platform Surge: Growing Studio OTT giants deploying record Capacity: content budgets (Disney USD 24 Global VFX Market (USD Bn) Bn, Netflix USD 18 Bn) to create Real-Time Virtual UK studio capacity has doubled in the last three years, visually rich originals Pr
Slide 29: Indian VFX Industry Landscape
Indian VFX Industry Landscape India's VFX industry is set for rapid growth, driven by advanced technologies, skilled talent, and global partnerships. Key Growth Drivers Indian VFX Market (USD Bn) • Technological Advancements: Quality and efficiency are being transformed through the use of cloud rend
Slide 30: Policy Tailwinds for the VFX Industry
Policy Tailwinds for the VFX Industry UK Tax Rebate and France Tax Rebate and India Tax Rebate and Incentives Incentives Incentives VFX Profit Boost (April 2025): Base Rebate: Base Rebate: Eligible foreign productions can claim a 30% rebate on Total tax relief for visual effects increased by 5%, Cla
Slide 31: AI Updates
AI Updates
Slide 32: Basilic Fly's AI Philosophy — Deliberate, Not Reactive
Basilic Fly's AI Philosophy — Deliberate, Not Reactive We have been deliberate in how we approach AI. Not the first to adopt every tool Two Parallel Investment Tracks that appears — but among the first to build AI into a structured, production-grade operating model that delivers real results. Track
Slide 33: What AI Means for Our Clients
What AI Means for Our Clients Every efficiency gain we make internally translates into a tangible benefit for the studios and brands we serve. Before vs. After AI Integration Why This Strengthens Client Relationships BEFORE WITH BFS AI Faster Turnarounds Clients increasingly demand shorter windows f
Slide 34: AI Roadmap — Where Basilic Fly Is Heading
AI Roadmap — Where Basilic Fly Is Heading A phased, disciplined path toward making AI a structural competitive advantage across all our operations. Phase 1 IN PROGRESS Phase 2 IN DEVELOPMENT Phase 3 PLANNED Foundation Scaling Leadership (Now — FY26) (FY26 — FY27) (FY27 — FY28) › AI/ML HRMS performan
Slide 35: Strategic Overview
Strategic Overview
Slide 36: Key Strengths
Key Strengths Diversified Client Operates across both direct client relationships and sub-contracting engagements. Engagement Reduces reliance on any single revenue model. Model Hybrid Global Creates a cost + delivery moat difficult for pure domestic or pure overseas studios to Delivery replicate. It
Slide 37: Optimising Cost Structures
Optimising Cost Structures Strategic Global • Cost-intensive, high-volume work executed in India for efficiency • High-end, creative-intensive VFX handled at acquired studios in Europe (London, Paris) Task Allocation • Work distributed based on complexity, cost, and capacity Multi-Location • Simulta
Slide 38: Growth Roadmap
Growth Roadmap Targeted Geographic Expansion: Global Delivery Foundation: Expands access to regional talent pools and new client ecosystems Operates as a centralized global delivery hub for international clients Enhances BFS’s ability to serve global productions locally Single, integrated te
Slide 39: Financial Overview
‘ Financial Overview
Slide 40: Standalone Profit & Loss Statement
Standalone Profit & Loss Statement Particulars (INR Mn) FY23# FY24 FY25 9M-FY26 Revenue from Operations 702 1,003 735 939 Operating Expenses 337 516 422 502 Operating EBITDA 365 487 313 437 Operating EBITDA Margins (%) 51.99% 48.55% 42.59% 46.54% Depreciation 6 10 55 50 Finance Cost 8 5 35 36 Other
Slide 41: Standalone Balance Sheet
Standalone Balance Sheet Particulars (INR Mn) FY24 FY25 H1-FY26 Particulars (INR Mn) FY24 FY25 H1-FY26 ASSETS EQUITY AND LIABILITIES Equity Non-Current Assets Share Capital 232 232 253 Property, Plant & Equipment 18 11 42 Reserves and Surplus 966 1,147 2,111 Intangible Assets - - - Shareholder's Fun
Slide 42: Standalone Cash Flow Statement
Standalone Cash Flow Statement Particulars (INR Mn) FY24 FY25 H1-FY26 Particulars (INR Mn) FY24 FY25 H1-FY26 CASH FLOWS FROM OPERATING ACTIVITIES: CASH FLOWS FROM INVESTING ACTIVITIES Net Profit Before Tax 502 241 230 Fixed assets purchased including Intangible Assets (5) - (37) Adjustments for: - F
Slide 43: Consolidated Profit & Loss Statement
Consolidated Profit & Loss Statement Particulars (INR Mn) FY23# FY24 FY25 9M-FY26 Revenue from Operations 787 1,027 3,041 2,944 Operating Expenses 402 537 2,327 2,357 Operating EBITDA 385 490 714 587 Operating EBITDA Margins (%) 48.92% 47.71% 23.48% 19.94% Depreciation 6 11 122 110 Finance Cost 8 5
Slide 44: Consolidated Balance Sheet
Consolidated Balance Sheet Particulars (INR Mn) FY24 FY25 H1-FY26 Particulars (INR Mn) FY24 FY25 H1-FY26 ASSETS EQUITY AND LIABILITIES Equity Non-Current Assets Share Capital 232 232 253 Property, Plant & Equipment 19 179 217 Reserves and Surplus 985 1,772 2,822 Intangible Assets - 775 775 Minority
Slide 45: Consolidated Cash Flow Statement
Consolidated Cash Flow Statement Particulars (INR Mn) FY24 FY25 H1-FY26 Particulars (INR Mn) FY24 FY25 H1-FY26 CASH FLOWS FROM OPERATING ACTIVITIES CASH FLOWS FROM INVESTING ACTIVITIES Net Profit Before Tax 506 510 318 Interest Received 24 7 7 Adjustments for: Foreign Exchange (Gain)/Loss - 2 15 (In
Slide 46: Key Performance Metrics
Key Performance Metrics Revenue by Major Clients (%) Geographical Revenue Break-up (%) 90% 91% 1% 88% 5% 8% 1% 78% 82% 14% 17% 74% 77% 17% 67% 2% 56% 57% 51% 39% 34% 89% 34% 71% 42% 41% 9% 10% FY23 FY24 FY25 9M-FY26 FY23 FY24 FY25 9M-FY26 Others Australia and New zealand Top 5 Top 10 Top 20 Europe N
Slide 47: Financial Performance
Financial Performance Financial Performance Operational Revenue (INR Mn) EBITDA (INR Mn) & EBITDA Margin (%) PAT (INR Mn) & PAT Margins (%) FY 23-25 CAGR: 97% FY 23-25 CAGR: 36% FY 23-25 CAGR: 26% 48.92% 47.71% 35.27% 3,041 714 34.40% 2,944 587 490 19.94% 385 446 23.48% 352 364 1,027 279 787 14.57%
Slide 48: Financial Performance
Financial Performance Financial Performance Net Worth (INR Mn) Net Debt to Equity (x) ROE (%) & ROCE (%) 0.04 Average: -0.16x 172% Average: 62% Average: 72% 3,188 154% -0.19 2,088 -0.15 63% 1,221 32% 321 -0.33 22% 47% 20% 27% FY23 FY24 FY25 H1-FY26* FY23 FY24 FY25 H1-FY26* FY23 FY24 FY25 H1-FY26* RO
Slide 49: Capital Market Information
Capital Market Information 60% 1 Year Stock Performance as on 31st December, 2025 40% 20% 0% -20% -40% Jan-25 Feb-25 Mar-25 Apr-25 May-25 Jun-25 Jul-25 Aug-25 Sep-25 Oct-25 Nov-25 Dec-25 Basilic Fly Nifty Smallcap 250 Shareholding Pattern (31st December, 2025) Price Data (As on 31st December, 2025)
Slide 50: Disclaimer
Disclaimer Basilic Fly Studio Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all eve
Basilic Fly Studio — Investor Presentation (March 2026) on 6ix