Media & Entertainment
60 recent notes from companies in this sector. 20 companies tracked.
Baba Arts posts zero revenue as all segments remain idle
Q1 FY27: No operating income; only ₹38.88 lakh from interest and rent. A ₹74-cr nano-cap with no core business.
Baba Arts posts zero revenue as all business segments idle
The nano-cap media company generated no operating revenue in Q1 FY27, with income limited to ₹38.88 lakh from interest and rent. Net profit fell to ₹11.96 lakh from ₹14.73 lakh a year ago.
Tips Music profit slips on ₹40 cr content cost; buyback review on Aug 5
Revenue grew 21% to ₹106.5 crore but net profit fell 4.6% to ₹43.9 crore due to film music content costs. The board will evaluate a buyback on August 5, with cash reserves at ₹345 crore.
UFO Moviez profit slides 13% in June quarter
Consolidated net profit fell to ₹5.64 crore despite a 4% revenue rise; standalone profit grew 12% to ₹4.10 crore. Auditors issued unmodified review. Routine quarter with no surprises.
Shemaroo's Q1 loss narrows to ₹2 cr on cost cuts, digital growth
Revenue fell 6% to ₹132 cr as B2B deals were deferred, but the multi-quarter inventory charge-off is complete. Management targets 20%+ EBITDA margins in 2–3 years. Net loss was ₹8 cr.
Cineline Q1 revenue jumps 28%, but fire loss leaves net in red
Revenue hit ₹60.02 cr and EBITDA doubled, but a ₹1.54 cr fire write-off pushed the quarter to a net loss of ₹1.21 cr. Management remains bullish on adding 20-25 screens this year.
Raconteur plans another preferential issue; dilution risk for nano-cap
Board meets on 30 July to consider issuing equity to promoters and non-promoters. No size or price yet, but the company just posted a ₹21 cr quarterly loss on ₹4 cr sales.
ACE EduTrend plans ₹50 cr rights issue, dilution of over 500%
Nano-cap with ₹4 cr market cap and ₹0.30 mn quarterly revenue seeks to raise ₹50 cr. Authorised capital raised to ₹60 cr. Dilution would exceed 500%.
Cineline's Q1 profit erased by ₹1.54 cr fire write-off
MovieMax operator swung to a ₹1.21 cr net loss from a ₹3.32 cr profit. Insurance claim filed; recovery uncertain.
Kaushambi fire costs Cineline ₹1.54 cr, pushes Q1 to ₹1.21 cr loss
The multiplex fire in May is now quantified. Revenue also slipped sequentially. Insurance claim under assessment.
Quantum Digital Vision plans 4x capital hike to ₹100 cr
The nano-cap company, with just ₹2 cr in quarterly sales, wants to quadruple authorised capital – the clearest signal yet of a strategic overhaul and likely dilution.
Net Pix board to mull name change, pivot to textiles
The ₹11-cr nano-cap's board meets July 22 to consider renaming to Namastika Enterprises and entering digital/B2B textile distribution. No approvals or agreements yet.
Tips Music board to consider buyback on July 22
Management signals capital return intent alongside Q1 results; size and price remain undisclosed for now.
Panorama Studios ties up with Cinépolis for Delhi-UP distribution
The alliance pools distribution strengths for films acquired by either party, starting with 'Dhamaal 4' and 'Baby Do Die Do'. Upcoming releases include 'Mahaprabhu Jagannath' and 'Hanuman Ansh'.
Baba Arts open offer draws just 602 shares of 1.33 crore targeted
Skybridge Interactive's mandatory offer closes with negligible participation, leaving its holding stuck at 74.67%
Bodhi Tree inks second state MoU, this time with Tripura
The nano-cap studio operator signs a non-binding pact to build digital media infrastructure, following a similar mandate from Assam last month.
Prime Focus escapes insolvency; NCLAT closes CIRP, restores board
The appellate tribunal set aside the NCLT admission, discharged the IRP, and lifted the moratorium, ending months of uncertainty with no claims against the company.
Raconteur plans preferential issue; dilution risk for nano-cap
Board to meet July 15 to consider fundraising via preferential securities. No size or pricing disclosed. Company has ₹12 cr market cap and just reported a ₹21 cr quarterly loss.
Aqylon Nexus eyes 51% stake in E Trav Tech, fundraise, and business pivot
The micro-cap with zero sales last quarter will weigh a share-swap acquisition and a fundraising on July 9. The agenda also includes changing the company's main object, signalling a strategic overhaul.
Mediaone Global Entertainment barred by SEBI for three years
Regulator says the company fabricated ₹143 cr in revenue and used circular transactions to siphon funds from Eros International. The stock is a nano-cap with a market cap of just ₹22 cr.
Basilic Fly's revenue jumps 34% as margin dip signals investment phase
Revenue jumped 34% to ₹408 cr but EBITDA margin fell 260 bps to 20.9%. Management guides for 2-2.5% margin recovery in FY27 via offshoring and AI.
Panorama Studios licenses 'Baby Do or Die' overseas rights to Cinepolis
Financial terms undisclosed; the film, starring Huma Qureshi and Sikander Kher, will play through Cinepolis's international network. The deal is routine for the micro-cap.
SEBI bars Purple Agrotech for four years, fines it ₹50 lakh
The penalty alone is 10% of the company's ₹5 cr market cap. For a nano-cap with minimal business activity, the restraint period is existential.
Zee promoters to inject ₹3,143.51 cr via warrants at premium
Issue is 31.6% of market cap, larger than the ₹2,300 cr floor. Price is 16.33% above market, implying confidence. Up to 20% dilution looms.
Media Matrix cuts guarantee to nexG by ₹20 cr to ₹50 cr
The revised guarantee to Yes Bank for its 56.78%-owned subsidiary reduces contingent liability by ₹20 crore, or approximately 1.35% of market cap.
ICRA lifts UFO Moviez's rating outlook to Positive
The outlook revision reflects a sharp earnings turnaround in FY26, but the rating itself remains unchanged.
Saregama picks Sula Vineyards' CFO Abhishek Kapoor as new finance chief
Abhishek Kapoor, a chartered accountant with 25 years of experience, will take over on 15 July 2026. Kuldeep Kothari will serve as interim CFO for the three-week transition.
Interworld Digital seeks ₹200 cr for consumer electronics pivot, 20x its market cap
The nano-cap firm, which defaulted on a loan and has no revenue, wants shareholders to approve borrowing that dwarfs its ₹10 cr valuation. An EGM is set for July 17.
Media Matrix halves guarantee to subsidiary nexG, cuts risk exposure by ₹40 cr
Corporate guarantee on nexG Devices reduced from ₹80 cr to ₹40 cr. The move lowers contingent liability by 2.65% of market cap, a material reduction.
Zero-revenue Filmcity Media sees major shareholder exit
Visagar Financial Services sold a 2.01% stake (6,15,477 shares) via open market trades in May-June 2026, adding to the company's woes after revenue collapsed to zero.
Panorama Studios signs two Malayalam films with Fahadh Faasil
The co-production deal with Funstreams marks Panorama's entry into Malayalam cinema, but no financial terms are disclosed, leaving materiality unclear for a ₹1,213 cr company.
JOJO lands Dish TV deal for OTT pre-load on VZY Smart TVs
For a micro-cap with ₹766 cr market cap, pre-loaded access on a national connected-TV platform opens a new distribution funnel without separate subscriptions.
Nouveau Global borrows ₹1.5 cr, 21% of market cap, for film rights
The nano-cap company with zero operating revenue is borrowing against Mumbai properties to fund a film rights acquisition of equal size. The move could reshape a business that posted a ₹40 lakh loss last year.
Zee Entertainment clears ₹2,300 cr floor for capital raise, 22% of market cap
The board has approved a minimum fundraising but has not decided on the instrument, leaving a material dilution or leverage event hanging over the stock.
Aqylon promoter sells shares for the third time in two months
Kurjibhai Rupareliya's ₹22.6 cr sale on June 9 cuts his voting stake to 34.17%, continuing a rapid pattern of promoter deleveraging.
Khyati swings to profit but auditor flags land advances and revenue issues
Audited results show a ₹30 lakh Q4 profit after losses, but the auditor qualified the report on multiple governance grounds.
Simca's SBI contract is running hot. Management's own numbers don't add up.
FY26 revenue surged 75% to ₹127.8 crore on the back of the State Bank of India deal. But the concall summary flags contradictions in the guidance and billing figures.
Zee's board meets June 10 to approve a share sale.
The company will consider raising funds through equity or convertible securities via a private placement or preferential issue. No size or terms were disclosed.
Orient Tradelink posts profit, but auditor flags GST, TDS, and valuation failures
Net profit rose to ₹135.63 lakhs, but the audit report is a list of compliance breakdowns the company has not fixed.
TV Vision gets another insolvency hit, this time for ₹5.17 cr
The ₹5.17 cr claim from UCN Cable Network is 26% of the nano-cap's market cap, piling onto a ₹294 cr petition from Punjab National Bank.
Sungold Media names promoter's brother as CFO
Amit Kotia's 46-year career is in property and fundraising, not finance, at a company with a ₹13 cr market cap.
HT Media shuts OTTplay and surrenders six radio licenses to stop the cash bleed.
Management confirmed it has dismantled two loss-making digital and radio ventures while holding flat revenue through print ad pricing. Consolidated EBITDA rose despite no top-line growth.
SEBI drops decade-old case against NDTV, no penalty imposed
The adjudicating officer found no violation of disclosure norms from 2009. The case, initiated in 2020, is now closed.
Basilic Fly's growth is costing it profit for now
A 34% revenue jump to ₹408 crore masks a margin squeeze. The VFX studio spent to hire up and is waiting on ₹44-45 crore in old bills.
Zinema Media scraps ₹82 cr deal plan as profits remain microscopic.
The company abandoned a capital restructuring plan valued at 600% of its market cap while reporting a thin annual profit of ₹37.74 lakhs.
Raconteur Global Resources slides to a ₹20.54 cr consolidated loss.
The company’s auditor issued a qualified opinion as losses widened from a year-ago profit. Raconteur’s equity base is now under severe strain.
Bodhi Tree's legacy business shrank. The new acquisition is now the whole story.
Standalone revenue and profit declined sharply. The Moving Image Studios acquisition masked the decline with 30% growth.
Net Pix swings to profit, but revenue is still just ₹56.67 lakh
The nano-cap reported a ₹0.39 lakh net profit for FY26, reversing a ₹3.77 lakh loss, but the scale remains negligible.
Eros International's auditors disclaim; net worth is negative ₹490 cr.
FY26 results show a ₹137.3 cr net loss on income of just ₹60.9 cr. The statutory auditors refuse to issue a clean opinion.
Thinkink's auditor can't verify its books. Revenue fell 72%.
Chandabhoy & Jassoobhoy disclaimed Thinkink's FY26 results, citing a near-total lack of documentation. The company's revenue fell 72% in the same period.
Prime Focus wins Supreme Court reprieve in insolvency battle
The Supreme Court dismissed a creditor's appeal against an NCLAT stay, keeping insolvency proceedings against Prime Focus on hold until July 9.
Teamo grew revenue 73%. Then it booked a Q4 loss 6x bigger than last year's profit.
Revenue surged to ₹11,819 lakhs in FY26, but a final-quarter loss of ₹623.78 lakhs erased the year. Net profit is just ₹9.88 lakhs.
ACE EduTrend posts zero revenue for FY26, confirms dormancy
The nano-cap company reported no operational sales and a net loss of ₹1.6 million, with no new information beyond prior filings.
ACE EduTrend remains stagnant with zero revenue for FY26
The company reported a net loss of ₹1.6 million for the fiscal year, confirming its continued lack of operational activity.
ACE EduTrend reports zero revenue for FY2026.
The company remains dormant, posting a net loss of ₹1.6 million for the year.
Balaji guides ₹800 cr for FY27, but corrects its Bhoot Bangla claim
Management set a clear revenue target and flagged a bigger Netflix order book. It also admitted a key film is only 48% pre-sold, not fully sold.
TV Vision faces insolvency risk as auditors flag ₹195 cr in hidden debt
The broadcaster's net worth has collapsed to negative ₹144.25 crore, while Punjab National Bank pursues a ₹294.43 crore insolvency claim.
Balaji Telefilms files audited FY26 results
The company confirms its annual loss and revenue decline in the official audited record for the year ended March 31, 2026.
GTT Data Solutions posts ₹19.9 cr quarterly loss after impairment charge
A ₹16.2 cr write-down on its Global Talent Track investment pushed the company into the red, while the board moved to convert deposits into equity.
Balaji Telefilms revenue halves to ₹210.8 cr as losses mount
The production house reported a ₹49.6 cr net loss for FY26. It is now pinning its recovery on a new Netflix partnership and a ₹350 cr digital order book.