VASHU BHAGNANI INDUSTRIES LIMITED

About

Vashu Bhagnani Industries Limited engages in the film production and distribution, and related activities in India and internationally. The company co-produces and produces films; and exploits and distributes films through music release, theatrical distribution, television licensing, and other new media distribution avenues. The company was formerly known as Pooja Entertainment and Films Limited and changed its name to Vashu Bhagnani Industries Limited in March 2024. Vashu Bhagnani Industries Limited was incorporated in 1986 and is based in Mumbai, India.

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	2.52	2.31	8.88	1.77	1.46	4.48	1.11	1.03	9.37	7.52	20.22	14.64	15.69
Expenses	2.40	7.37	5.18	0.27	0.52	5.70	1.51	0.69	2.31	-0.62	19.36	13.94	13.79
Operating Profit	0.12	-5.06	3.70	1.50	0.94	-1.22	-0.40	0.34	7.06	8.14	0.86	0.70	1.90
OPM %	4.76	-219.05	41.67	84.75	64.38	-27.23	-36.04	33.01	75.35	108.24	4.25	4.78	12.11
Other Income	0.32	2.72	0.01	0.01	0.05	0.17	0.01	0.16	0.24	0.01	0.25	0.00	0.01
Depreciation	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Interest	0.05	0.01	0.00	0.01	0.02	-0.61	0.14	0.27	0.38	0.25	0.11	0.14	0.17
Profit before tax	0.38	-2.36	3.70	1.49	0.96	-0.45	-0.54	0.22	6.91	7.89	0.99	0.55	1.73
Tax %	7.89	-2.12	17.03	3.36	1.04	-295.56	-11.11	22.73	17.66	29.53	32.32	43.64	12.14
Net Profit	0.36	-2.32	3.07	1.44	0.94	0.88	-0.48	0.17	5.68	5.57	0.68	0.32	1.53
EPS in Rs	0.06	-0.36	0.48	0.23	0.17	0.14	-0.08	0.04	1.03	1.59	0.19	0.09	0.44

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Sales	14.42	15.99	58.07	46.49	24.52	2.98	44.33	33.04
Expenses	13.34	9.93	46.39	42.88	21.36	2.26	20.18	33.90
Operating Profit	1.08	6.06	11.68	3.61	3.16	0.72	24.15	-0.86
OPM %	7.49	37.90	20.11	7.77	12.89	24.16	54.48	-2.60
Other Income	2.79	0.59	0.27	0.00	0.07	0.02	0.50	1.99
Interest	0.04	0.47	0.74	0.55	0.32	0.07	0.19	1.55
Depreciation	0.04	0.05	0.03	0.01	0.01	0.01	0.02	0.02
Profit before tax	3.79	6.13	11.18	3.05	2.90	0.66	24.44	-0.44
Tax %	17.15	-1.96	27.73	6.23	3.45	6.06	-3.27	-131.82
Net Profit	3.13	6.25	8.09	2.87	2.80	0.62	25.24	0.14
EPS in Rs	0.49	1.12	2.31	0.82	0.80	0.18	7.21	0.04
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Equity Capital	63.95	35.00	35.00	4.53	4.53	4.53	4.53	4.53
Reserves	83.91	79.33	43.40	37.87	34.54	31.62	31.05	5.69
Borrowings	5.65	13.37	24.22	12.42	8.67	2.91	0.48	4.83
Other Liabilities	63.68	71.73	67.75	67.28	32.72	25.16	48.23	56.59
Total Liabilities	217.19	199.43	170.37	122.10	80.46	64.22	84.29	71.64
Fixed Assets	0.19	0.23	38.64	0.08	0.04	0.05	0.06	0.07
CWIP	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Investments	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Other Assets	217.00	199.20	131.73	122.02	80.42	64.17	84.23	71.57
Total Assets	217.19	199.43	170.37	122.10	80.46	64.22	84.29	71.64

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Cash from Operating Activity	11.32	-73.17	0.28	-3.23	-5.40	-2.58	3.26	18.87
Cash from Investing Activity	0.06	16.19	-10.97	-0.05	0.05	0.02	0.47	0.98
Cash from Financing Activity	11.40	56.67	11.60	3.20	5.44	2.41	-4.52	-19.46
Net Cash Flow	22.78	-0.31	0.91	-0.08	0.09	-0.15	-0.80	0.39
Free Cash Flow	11.32	-73.17	-38.31	-3.28	-5.40	-2.58	3.26	18.87
CFO/OP %	924.00	-1,231.00	3.00	-86.00	-179.00	-383.00	10.00	-2,149.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019
Debtor Days	1,491.13	1,728.90	312.96	337.60	473.07	2,526.83	360.47	118.65
Cash Conversion Cycle	1,491.13	1,728.90	312.96	337.60	473.07	2,526.83	360.47	118.65
Working Capital Days	3,732.26	2,780.07	253.05	329.91	563.58	4,263.64	278.46	84.62
ROCE %	2.72	5.73	15.14	7.02	7.42	1.94	96.38	—

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	74.48	74.48	74.48	74.48	73.84	73.84	73.84	73.84	73.84	73.09	73.09	73.09
FIIs	4.80	4.80	4.80	2.51	0.04	0.04	0.04	0.04	0.04	0.00	0.00	0.00
Public	20.71	20.72	20.72	23.00	26.12	26.13	26.13	26.12	26.12	26.92	26.91	26.92
No. of Shareholders	3,321	3,347	3,381	3,258	3,366	3,312	3,224	3,199	3,129	2,431	2,630	1,595