Bodhi Tree targets ₹250 cr revenue in three years as IP push takes shape
Q4 FY26 margin hit 16.52%. The ₹118 cr nano-cap now owns stakes in Moving Images and Lehren Networks. It must prove it can deliver on ambitious targets.
— 2 earlier stories on Bodhi Tree Multimedia Ltd. →What's new
- FY26 revenue ₹118.45 cr, up 32%; EBITDA ₹17.1 cr; PAT ₹7.95 cr.
- Q4 EBITDA margin improved to 16.52%, the best in the year.
- Management reiterated three-year targets: ₹250 cr revenue and ₹25 cr PAT.
- Transition from commissioned production to IP-led content underway with two acquisitions and Bodhi AI operational.
Why this matters
Bodhi Tree is betting its future on owning intellectual property rather than just producing for others. The 32% revenue growth and 16.52% Q4 margin show the model is gaining traction, but the three-year targets imply a significant step up from FY26's ₹118.45 cr — an ambitious stretch for a ₹118 cr company with a legacy business that shrank 36% on a standalone basis last year.
What we're watching
- How quickly the six to seven IP projects translate into revenue.
- Revenue contribution from Moving Images and Lehren Networks in the coming quarters.
- Whether Q4 margin can sustain without one-off factors.
The full read
Bodhi Tree Multimedia's FY26 numbers show revenue up 32% to ₹118.45 cr, EBITDA of ₹17.1 cr, PAT of ₹7.95 cr, and a Q4 EBITDA margin of 16.52% — the best in the year. But the transcript of its June 5 earnings call is really about the future. MD Mautik Tolia outlined a three-year roadmap: ₹250 cr revenue, ₹25 cr PAT, and a 50-50 split between IP and commissioned content. To get there, the company has bought 50.01% of Moving Images Studios, 20% of Lehren Networks, and made Bodhi AI operational. The ambition is clear. The test is execution: this is a ₹118 cr nano-cap whose standalone business shrank 36% in FY26. The new acquisitions are now the whole story.
Questions answered
- What is Bodhi Tree's new business model?
- It is shifting from a commissioned production house to an IP-led multi-platform content business, meaning it owns the rights to the content it creates. The goal is a 50-50 revenue mix between IP and commissioned work within three years.
- What acquisitions has Bodhi Tree made recently?
- It acquired a 50.01% stake in Moving Images Studios and a 20% stake in Lehren Networks. It also launched Bodhi AI, which is now operational.
- What are Bodhi Tree's three-year financial targets?
- The company targets consolidated revenue of ₹250 crore and net profit of ₹25 crore, with a 50-50 mix of IP and commissioned content.
- How did Bodhi Tree perform in FY26?
- Consolidated revenue was ₹118.45 crore, up 32% year-on-year. EBITDA was ₹17.1 crore and PAT was ₹7.95 crore. Q4 EBITDA margin was 16.52%, the highest in the year.
- How large is Bodhi Tree relative to its targets?
- Its market capitalisation is about ₹118 crore, roughly equal to current annual revenue. The three-year revenue target of ₹250 crore implies reaching ₹250 crore from ₹118.45 crore.
- What was the company's standalone performance?
- Our prior coverage noted that FY26 standalone net profit declined about 36%, indicating the legacy business is shrinking and the growth story depends on the new IP and acquisitions.
Bodhi Tree Multimedia Ltd.
Latest quarter · Mar 2026
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All notes on BTML →- 12 Jun 2026 · 3:33 PM IST Bodhi Tree targets ₹250 cr revenue in three years as IP push takes shape
- today Bodhi Tree lands Assam government's digital content platform mandate
- 25d ago Bodhi Tree's legacy business shrank. The new acquisition is now the whole story.