Basilic Fly Studio Ltd is a prominent visual effects (VFX) studio headquartered in Chennai, India, with expanding international operations through subsidiaries in Canada and the UK. Incorporated in 2016, the company excels in leveraging technology to deliver high-quality VFX solutions across a spectrum of media, including movies, television shows, web series, and commercials. Its core business revolves around visual effects (VFX) and animation creation, encompassing advanced post-production services such as providing high-end visual effects and intricate 2D to 3D conversion for the global media and entertainment industry.
The foundation of Basilic Fly Studio's operations was laid by its promoters who commenced business in 2013 as a partnership firm. This firm was subsequently dissolved in 2019, while the limited company was established in 2016. A significant corporate milestone was its conversion from a Private Limited Company to a Public Limited Company, officially changing its name from "Basilic Fly Studio Private Limited" to "Basilic Fly Studio Limited" following a fresh Certificate of Incorporation issued on May 19, 2023.
Basilic Fly Studio Ltd has demonstrated a robust financial trajectory, marked by significant revenue growth and strong profitability. As of June 13, 2025, the company commands a market capitalization of ₹1,069.39 Crores. Its financial health is characterized by a debt-free status and a strong balance sheet, which underpins its operational capabilities and growth potential.
The company has achieved remarkable revenue growth, reporting a 264% increase to ₹275 Crores for FY25. On a trailing 12-month basis, the operating revenue stands at ₹308.43 Crores, indicative of consistent expansion and market traction. Financial prudence is evident in its operational efficiency, with significant profits reported, although the company has not historically paid out dividends.
- Market Capitalization: ₹1,069.39 Crores
- PE Ratio: 28.56
- PB Ratio: 5.29
- Annual Revenue Growth: 34%
- Pre-tax Margin: 49%
- Return on Equity (ROE): 29%
- Status: Debt-Free
- FY25 Revenue: ₹275 Crores (264% Growth)
- Trailing 12-Month Revenue: ₹308.43 Crores
- Recent Period Revenue: ₹84.6 Crores
- Recent Period Profit: ₹27.6 Crores
Basilic Fly Studio Ltd has successfully executed over 10,000 projects, serving more than 300 clients, which include approximately 900 movies, 2,000 series, and 8,000 commercials. The company's comprehensive suite of VFX services is designed to meet the diverse needs of the entertainment industry. These services include final compositing and rotoscoping, advanced camera/body tracking and rotomation/object tracking, meticulous paint and preparation work, detailed previsualization, sophisticated computer graphics, and essential on-set supervision.
Operating within the dynamic entertainment sector, specifically the electronic media software industry, Basilic Fly Studio competes and collaborates with key players. Its peers include entities like Sun TV Network Ltd, Zee Entertainment Enterprises Ltd, Saregama India Ltd, PVR Inox Ltd, Imagicaaworld Entertainment Ltd, Prime Focus Ltd, and Media Matrix Worldwide Ltd. The company's strategic focus on international expansion, coupled with its diverse client base across various entertainment segments, positions it well for sustained growth.
Basilic Fly Studio Ltd shares are actively traded on both the National Stock Exchange (NSE) and the Bombay Stock Exchange (BSE) under the ticker symbol "BASILIC". The stock has demonstrated significant price movement, with a 52-week high recorded at ₹657.60 and a 52-week low at ₹223.15.
From a technical analysis perspective, the stock exhibits positive momentum, trading comfortably above its key moving averages. As of recent data, it is positioned approximately 30% and 28% away from its 50-day Moving Average (DMA) and 200-day Moving Average (DMA), respectively.
The promoter holding in Basilic Fly Studio Ltd stands at a substantial 59.9%, reflecting a strong commitment and confidence from the company's founders and management in its business prospects. Promoter pledging is reported at 7.54% as of December 2024, which is considered a relatively low and manageable percentage, indicating sound corporate financial management.
The company upholds high standards of corporate governance, adhering to SEBI regulations. Evidence of this commitment is seen in the Q4 FY25 investor grievance report, which shows zero pending complaints, underscoring the company's dedication to transparency and investor satisfaction.
Despite its commendable financial performance and market position, Basilic Fly Studio Ltd faces certain operational challenges that require diligent management. A key concern is the company's high debtor days, which currently stand at 229 days. This extended collection period can potentially impact cash flow management and liquidity. Furthermore, working capital days have seen an increase, rising from 95.7 days to 266 days. This trend highlights the critical need for enhanced strategies in working capital management and more efficient debtor collection processes to ensure smoother business operations and financial stability.
The global visual effects industry is experiencing robust growth, fueled by an insatiable demand for high-quality content across streaming services, feature films, and digital advertising. Basilic Fly Studio's strategic positioning, enhanced by its international subsidiaries and a broad client portfolio spanning multiple entertainment domains, presents significant opportunities for continued expansion.
The company's debt-free status, impressive profitability margins, and consistent revenue growth render it an attractive investment in the rapidly evolving entertainment technology sector. Investors are advised to monitor the company's progress in managing its working capital effectively and improving its debtor collection efficiency, which are crucial for sustainable long-term growth.
With the accelerating digitization of entertainment content and the ever-increasing global demand for sophisticated VFX services, Basilic Fly Studio appears strategically poised to capitalize on emerging industry trends. This positioning, combined with its leadership in the Indian VFX market, suggests a promising future trajectory.
