Basilic Fly Studio EXPLODES with 167% Profit Hike! AI, Tech Upgrades & Big Expansion Ahead!

Basilic Fly Studio Limited (BFS), a visual effects company, has announced impressive financial results for the second quarter of FY26. The company's total income surged by 65% year-on-year to ₹95 crore. Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) saw a substantial increase of 107%, reaching ₹21 crore, with an improved EBITDA margin of 22%. Profit After Tax (PAT) more than doubled, growing by 167% to ₹15 crore, leading to a PAT margin of 15%. Earnings Per Share (EPS) also rose significantly by 136% to ₹6.

The first half of FY26 was also strong, with total income growing 146% to ₹191 crore and EBITDA rising 107% to ₹39 crore (20% margin). PAT for H1 FY26 was ₹27 crore, up 117%, with EPS at ₹10.

Operational efficiency improved, evidenced by a reduction in Days Sales Outstanding (DSO) by 40 days in Q2 and 98 days in H1. The company transitioned from net debt to a cash surplus of ₹48 crore.

Growth was driven by new Indian clients and the full consolidation of its overseas acquisition. BFS also raised ₹85 crore through a Qualified Institutional Placement in September 2025 to fund investments in Artificial Intelligence (AI), technology, and expansion.

Impact: This news is highly positive for Basilic Fly Studio Limited investors. The robust growth in revenue, profitability, and margins indicates strong operational execution and market demand. The planned investments in AI and technology suggest a forward-looking strategy to maintain a competitive edge in the VFX industry. The successful QIP provides capital for growth without immediate dilution from a public offering. The improvement in working capital management and cash position is also a good sign. Impact Rating: 8/10

Difficult Terms Explained: EBITDA: Earnings Before Interest, Taxes, Depreciation, and Amortization. It's a measure of a company's operating performance. Profit After Tax (PAT): The profit remaining after all expenses, including taxes, have been deducted from revenue. Earnings Per Share (EPS): The portion of a company's profit allocated to each outstanding share of common stock. Days Sales Outstanding (DSO): A measure of the average number of days it takes a company to collect payment after a sale has been made. Lower DSO is better. Qualified Institutional Placement (QIP): A method used by publicly listed companies in India to raise capital from domestic institutional investors without diluting existing shareholders' equity as much as a fresh public offering. Cash Flow from Operations: The cash a company generates from its normal business operations. No-dues debtors: Likely refers to debtors where all outstanding dues are cleared or accounted for, possibly related to specific project closures or reconciliations.