Media & Entertainment
60 recent notes from companies in this sector. 20 companies tracked.
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.
Quantum Digital Vision reports first revenue as three directors quit
The company posted ₹234.99 lakhs in Q4 revenue after a period of dormancy, but the board saw a simultaneous exit of three directors.
Balaji Telefilms swings to a ₹49.6 cr loss as revenues halve
The entertainment firm reported a sharp reversal in FY26, with revenue dropping to ₹210.8 crore from ₹453.1 crore a year earlier.
Zee Entertainment plans four-channel sports push under Unite8 brand
The broadcaster is applying for licenses and negotiating with FIFA for 2026 World Cup rights, appointing Bavesh Janavlekar to lead the division.
Pritish Nandy Communications posts ₹12.54 cr loss as cash reserves dry up
A ₹17.51 cr content write-down and a 68% drop in Q4 revenue have left the production house with just ₹0.88 cr in cash.
Creative Eye reports ₹5.18 crore loss as revenue collapses
The company generated no revenue for the first nine months of FY26, ending the year with a sharp decline in operations and a significant settlement charge.
IDream Film Infrastructure posts ₹2.82 cr loss as net worth turns negative
The company reported zero revenue for the second straight year while its auditor flagged material uncertainty regarding its ability to continue as a going concern.
Dish TV India formalizes FY26 financial results
The company has filed its audited financial results for the year ended March 31, 2026. These figures were already disclosed to the market.
IDream Film posts ₹2.82 cr loss as net worth turns negative
The company reported zero revenue for the second straight year, prompting auditors to flag a material uncertainty regarding its survival.
Dish TV releases audited FY26 results
The company confirms its previously reported financial figures for the year ended March 31, 2026, with no new material information.
Purple Wave faces ₹8.39 cr GST demand over alleged tax evasion
The DGGI alleges the company misclassified LED products to pay 18% GST instead of 28%, triggering a probe into wilful tax suppression.
Dish TV losses widen to ₹807 crore as auditor flags going concern risk
The DTH operator set aside a ₹4,866 crore provision for license fees. Revenue dropped 26% and shareholder equity turned negative.
Nouveau swings to a ₹40 lakh loss as revenue stays negligible
The nano-cap's FY26 results reverse a small profit, but the filing is routine.
JMD Ventures revenue fell 71% last year. Auditors flagged valuation holes.
Full-year operations shrank to ₹46.61 lakhs from ₹161.55 lakhs. The audit report contains multiple warnings about how the company values its assets.
B.A.G. Films reports mixed year as standalone profit triples
The company posted a 15.5% rise in standalone revenue to ₹44.05 crore, but consolidated profit attributable to the parent dropped 40% to ₹3.74 crore.
B.A.G. Films standalone profit triples as consolidated earnings slip
Standalone revenue climbed 15.5% to ₹44.05 crore, but consolidated profit attributable to the parent dropped 40% to ₹3.74 crore for FY26.
PVR Inox's growth CEO quits weeks after record results.
Pramod Arora, who oversaw expansion and capital allocation, resigned for personal reasons on May 24. His exit follows the company’s best-ever annual results and a plan for 120–130 new screens.
Quint Digital revenue jumps 155% as its media-tech pivot matures
The company’s digital news business is now a single-digit revenue contributor after a year of heavy growth in media-tech and AI.
Galaxy Supermarket swings to profit, but auditors flag solvency risks
A shift to supermarket retail pushed quarterly revenue to ₹11.85 cr, yet the firm carries a negative net worth of ₹68.02 cr.