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 ₹ 1,053 Cr.
- Current Price ₹ 453
- High / Low ₹ 658 / 223
- Stock P/E 57.0
- 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 36.3%
Cons
- Stock is trading at 7.54 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- 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: | -20% |
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
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Press Release
20 August 2025 - Secured ₹29.71 Cr (GBP 2.5 Mn) VFX order from Netflix on Aug 18, 2025.
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Analysts/Institutional Investor Meet/Con. Call Updates
18 August 2025 - QIP institutional investor roadshow on 21-08-2025 in Mumbai; physical meetings, no UPSI shared.
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Disclosure of material issue
11 August 2025 - Shareholders approved increase in authorised capital and capital raising via qualified institutions placement.
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Shareholders meeting
9 August 2025 - EGM approved increase in authorized capital and QIP for capital raising.
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Press Release
8 August 2025 - Q1 FY26 revenue ₹90 Cr (4.8x YoY), new orders ₹150 Cr from Netflix, Disney, HBO; Bangalore hub and tech upgrades.
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.