Basilic Fly Studio Ltd
Incorporated in 2016, Basilic Fly Studio Ltd
is in the business of post production activities of providing high end visual effects and 2D and 3D conversion[1]
- Market Cap ₹ 950 Cr.
- Current Price ₹ 376
- High / Low ₹ 510 / 223
- Stock P/E 51.4
- Book Value ₹ 60.1
- Dividend Yield 0.00 %
- ROCE 18.6 %
- ROE 14.2 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 36.4%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -4.58%
- Company has high debtors of 429 days.
- Working capital days have increased from 265 days to 459 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 17 | 24 | 70 | 100 | 74 | |
| 16 | 22 | 34 | 52 | 47 | |
| Operating Profit | 1 | 1 | 36 | 49 | 27 |
| OPM % | 7% | 6% | 52% | 49% | 36% |
| 0 | 0 | 0 | 3 | 2 | |
| Interest | 0 | 0 | 1 | 0 | 2 |
| Depreciation | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 1 | 1 | 35 | 50 | 25 |
| Tax % | 36% | 32% | 25% | 28% | 27% |
| 0 | 1 | 26 | 36 | 18 | |
| EPS in Rs | 3.40 | 7.90 | 15.55 | 15.58 | 7.86 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 46% |
| TTM: | -27% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 186% |
| TTM: | -49% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -1% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 36% |
| Last Year: | 14% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 17 | 23 | 23 |
| Reserves | 2 | 3 | 13 | 98 | 116 |
| 0 | 4 | 4 | 2 | 33 | |
| 6 | 6 | 14 | 22 | 23 | |
| Total Liabilities | 9 | 14 | 49 | 146 | 195 |
| 1 | 1 | 2 | 2 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 2 | 2 | 6 | 47 |
| 9 | 10 | 45 | 138 | 147 | |
| Total Assets | 9 | 14 | 49 | 146 | 195 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -2 | 2 | 8 | -21 | -11 | |
| -0 | -3 | -5 | -36 | -13 | |
| -0 | 3 | -1 | 53 | 28 | |
| Net Cash Flow | -3 | 2 | 2 | -5 | 4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 14 | 6 | 103 | 229 | 429 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 14 | 6 | 103 | 229 | 429 |
| Working Capital Days | -100 | -81 | 77 | 259 | 459 |
| ROCE % | 23% | 171% | 64% | 19% |
Documents
Announcements
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
9 October 2025 - RTA certificate confirming dematerialisation actions for quarter ended Sep 30, 2025; securities processed and listed.
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General Updates
8 October 2025 - Raised ₹84.99Cr QIP; secured ₹150Cr+ orders including ₹29.71Cr Netflix; expansion and senior hire.
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Appointment
3 October 2025 - Appointed Company Secretary; reappointed auditors; approved GBP2,000,000 loan to UK subsidiary on Oct 3, 2025.
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Outcome of Board Meeting
3 October 2025 - Appointed Company Secretary; approved GBP 2,000,000 loan to UK subsidiary on Oct 03, 2025.
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Resignation
30 September 2025 - Swati Sharma resigned as Company Secretary & Compliance Officer effective 30 Sep 2025 due to relocation.
Annual reports
Concalls
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Jun 2025Transcript PPT
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Nov 2024Transcript PPT
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May 2024Transcript PPT
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Nov 2023TranscriptPPT
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Nov 2023Transcript PPT
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Nov 2023TranscriptNotesPPT
Business Overview:[1]
BFS is a visual effects (VFX) studio headquartered in Chennai with subsidiaries in Canada and UK. It specializes in using technology to deliver VFX solutions for movies, TV shows, web series, and commercials. They have ~10,000 completed projects, has 300+ clients, including 900 movies, 2,000 series, 8,000 commercials, etc.