Strategic Mandates from Hollywood
Basilic Fly Studio has bagged new international work orders valued at approximately ₹105 Crore for the FY27 year-to-date period. These mandates originate from marquee Hollywood production houses, including Netflix, Disney, and Apple. The project execution is slated for an immediate commencement starting August 2026, with the entire delivery cycle planned for completion within the current financial year.
This volume of work provides significant revenue visibility, accounting for roughly 25% of the total revenue reported in the previous fiscal year, FY26. The company intends to execute a major portion of this through its Indian delivery centres to leverage structural cost efficiencies.
Operational Scale-up and Technology
- Expanding Bengaluru delivery centre to grow to 100 resources by March 2027 for a 30-40% cost advantage
- Reaching final user testing for Project Hybrid to deliver meaningful cloud infrastructure cost savings
- Implementing USD Pipeline Integration in Q2 FY27 to standardise global production workflows
- Successfully integrated NetApp Enterprise Server Storage to support high-performance planned growth
- Expanding AI-assisted production capabilities through ComfyUI integration with Nuke for better workflow efficiency
Revenue Pipeline and Market Positioning
Beyond the current wins, the company’s bidding pipeline has reached a record high of ₹700 Crore, indicating a healthy medium-term growth trajectory. Management noted that more than 40% of these active bids are currently in advanced stages of evaluation. As a comprehensive global VFX studio, Basilic Fly has evolved from an outsourcing firm into a prominent player that has contributed to global blockbusters like Avatar and Avengers: Endgame.
The firm is now strategically focused on regional diversification, specifically targeting expansion in Europe and North America to capture rising demand for high-end digital content.
Financial Performance Snapshot
- Operating Revenue for the trailing twelve months (TTM) stands at ₹407.82 Crore with a Net Profit of ₹47.87 Crore
- The stock currently trades at a PE ratio of 9.48, which is lower than the industry average of 58.11
- Annual revenue growth reached 36.7% YoY, while net profit grew by 30.38% over the same period
- Promoter holding remains stable at 55.32%, although 21.47% of the promoter stake is currently pledged
- Net Cash Flow for the last annual period was positive at ₹14.8 Crore
