Author: Sutun Nayak

Ahmedabad (Gujarat) [India], November 17: Bulkcorp International Limited (NSE – BULKCORP), one of the leading manufacturers of food-grade FIBCs (Flexible Intermediate Bulk Containers), is pleased to announce the unaudited results of H1 FY26.

Key H1 FY26 Financial Highlights

Total Income of ₹ 3380.47 Lakhs, YoY growth of 27.61%
EBITDA of ₹ 356.64 Lakhs, YoY growth of 23.26%
PAT of ₹ 180.21 Lakhs, YoY growth of 29.51%
Diluted EPS (₹) of ₹ 2.40, YoY growth of 6.19 %

Commenting on the development, Mr. Punit Gopalka, Managing Director and CEO of Bulkcorp International Limited said, “We are pleased to share that we delivered a resilient performance in H1 FY26, supported by strong export momentum and growing demand for our FIBC and bulk packaging solutions. Total income increased by 28% year-on-year, led by higher order inflows from existing global clients and expansion into new geographies. EBITDA grew by 23%, reflecting enhanced operational efficiencies and a continued focus on value-added, sustainable packaging products, while net profit rose by 30%, driven by margin improvement and disciplined cost control.

Our performance this half-year underscores the company’s strengthening position as a trusted partner for global industries seeking compliant, high-quality, and eco-friendly packaging solutions. We remain focused on scaling our international footprint and achieving long-term, export-led growth.”

Key H1 FY26 Operational Highlights

Successfully Commissioned Of 464 KW Solar Power Plant – Project Urja The company successfully commissioned its solar power facility in Banaskantha, Gujarat, reinforcing its commitment to sustainability and prudent utilization of IPO proceeds. SEDEX Certification Strengthens Global Credibility Achieved SEDEX certification, underscoring its adherence to ethical, sustainable, and responsible business practices. This milestone enhances the company’s qualification for global tenders and strengthens its partnerships with multinational clients.

If you object to the content of this press release, please notify us at pr.error.rectification@gmail.com. We will respond and rectify the situation within 24 hours.

Chennai (Tamil Nadu) [India], November 17: Supreme Power Equipment Limited (NSE – SUPREMEPWR), one of the leading players in the power and distribution transformer manufacturing industry, announced its Unaudited Financial Results for H1 FY26.

Key Consolidated Financial Highlights

Consolidated Key Financial Highlights H1 FY26

• Total Income of ₹ 75.36 Cr, YoY growth of 28.58%
• EBITDA of ₹ 14.27 Cr, YoY growth of 18.63%
• Net Profit of ₹ 9.41 Cr, YoY growth of 31.98%
• Net Profit Margin of 12.49%, YoY growth of 31.88 Bps
• EPS of ₹ 3.76, YoY growth of 31.93%

Standalone Key Financial Highlights H1 FY26

• Total Income of ₹ 81.63 Cr, YoY growth of 43.87%
• EBITDA of ₹ 13.49 Cr, YoY growth of 29.12%
• Net Profit of ₹ 9.41 Cr, YoY growth of 31.98%
• EPS of ₹ 3.76, YoY growth of 31.93%

Key Highlights – H1 FY26

• Total Orders Secured: 14 major domestic orders
• Aggregate Order Value: ₹175.61 Cr during H1 FY26
• Sectoral Diversification: Orders from Utilities, EPCs, Industrial, and Renewable segments
• New Market Entry: Expanded presence into Telangana and Steel Industry
• Product Expansion: Introduction of new-capacity Power Transformers (20 MVA, 66/11 kV and 110/33-11 kV)
• Strong Southern Presence: Repeat orders from Tamil Nadu, Kerala, & Karnataka reinforce regional leadership

Commenting on the performance, Mr. Vee Rajmohan, Chairman and Managing Director of Supreme Power Equipment Limited said, “We are pleased to share that Supreme Power Equipment Limited delivered a strong performance in the first half of FY26, with consolidated revenue rising by 28.58% year-on-year and profit after tax growing by 31.98%. This growth reflects our continued focus on operational efficiency, product quality, and customer trust.

During H1, we secured 14 major domestic orders with a cumulative value of ₹175.61 Cr, reinforcing our position as a preferred partner across utilities, EPCs, industrial, and renewable segments. Our expansion into Telangana and the steel industry marks a significant milestone in our growth journey, complemented by the launch of higher-capacity power transformers (20 MVA, 66/11 kV and 110/33-11 kV) to meet evolving market needs.

Repeat orders from Tamil Nadu, Kerala, and Karnataka underscore our strong southern presence and enduring client relationships. With a robust order book, expanding product range, and healthy demand outlook, we remain confident of sustaining growth and delivering long-term value to all stakeholders.”

Recent key Operational Highlights

TANTRANSCO Order – Strengthening T&D Utility Relations	Client: Tamil Nadu Transmission Corporation Limited (TANTRANSCO) Value: ₹4.15 Cr Scope: Supply of 1 No. 50 MVA, 110/33 kV Power Transformer as per customer specifications Significance: Reinforces long-standing partnership with State Transmission Utilities and expands presence in the high-voltage segment
TNPDCL Project via Danya Electric – Strengthening Distribution Network	Client: Tamil Nadu Power Distribution Corporation Limited (TNPDCL) Value: ₹4.48 Cr Scope: Manufacturing and supply of Distribution Transformers Significance: Expands presence in distribution transformer segment and enhances subsidiary-led business execution
Order from Reputed Steel Plant, Kerala – Entry into Steel Industry	Client: Reputed Steel Plant, Kerala Value: ₹2.55 Cr Scope: Supply of 1 No. 31.5 MVA, 110/22 kV Power Transformer with NIFPS Significance: Expands industrial client base beyond utilities; first major order from the steel sector
KSEBL Order – Strengthening Kerala Utility Footprint	Client: Kerala State Electricity Board Limited (KSEBL) Value: ₹15.25 Cr Scope: Supply of 5 Nos. 25 MVA, 110/22 kV Power Transformers Significance: Reinforces leadership position in Kerala’s power infrastructure and ensures repeat business from a key state utility
Renewable Project Order – Expanding in Solar Power Segment	Client: Leading Renewable Power (Solar) Project Company Value: ₹ 9.03 Cr Scope: Supply of 1 Nos. 55 MVA, 110/33 kV Power Transformer (₹3.41 Cr) and supply of 1 Nos 85 MVA, 110/33 kV Power Transformer. (₹5.62Cr) Significance: Strengthens presence in renewable energy projects and supports India’s green energy transition
Karnataka Power Company Order – New Capacity Transformers Added	Client: Reputed Power Company, Karnataka Value: ₹10.02 Cr Scope: Supply of 2 Nos. 20 MVA, 66/11 kV and 2 Nos. 20 MVA, 110/33–11 kV Power Transformers Significance: Introduces new-capacity transformers, expanding technical capabilities and product portfolio
Karnataka EPC Order – Strengthening EPC Relationships	Client: Reputed EPC Company, Karnataka Value: ₹4.34 Cr Scope: Supply of 7 Nos. Power and Distribution Transformers Significance: Strengthens relationships with EPC contractors and supports turnkey infrastructure projects
Telangana EPC Order – Expanding Geographic Presence	Client: Reputed EPC Company, Telangana Value: ₹19.82 Cr Scope: Supply of 8 Nos. 20 MVA, 110/33–11 kV Power Transformers Significance: Marks Supreme’s entry into the Telangana market, expanding geographic reach in southern India

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Gandhinagar (Gujarat) [India], November 17: Trom Industries Limited (NSE- TROM | INE0SYV01018), a trusted solar EPC company, delivers clean, reliable, and cost-effective energy solutions across residential, commercial, and industrial projects. It has announced its Unaudited financial results for H1 FY26.

H1 FY26 Key Financial Highlights

• Total Income of ₹ 40.73 Cr, YoY decline of 12.01%
• EBITDA of ₹ 6.98 Cr, YoY growth of 16.25%
• EBITDA Margin of 17.13%, YoY growth of 416 Bps
• Net Profit of ₹ 4.39 Cr, YoY growth of 6.14%
• Net Profit Margin (%) of 10.77%, YoY growth of 184 Bps

Commenting on the performance, Mr. Jignesh Patel, Managing Director of Trom Industries Limited said: “We are pleased with the strong improvement in our profitability and margins this half-year, which reflects better project mix, disciplined execution, and growing confidence from our customers. Even with a temporary moderation in revenue, the underlying business fundamentals remain solid, supported by healthy traction across institutional and government segments.

With multiple new EPC wins and a steadily expanding order pipeline, we enter the second half with better visibility and renewed momentum. The renewable sector continues to benefit from supportive policies and rising adoption, creating a favourable environment for our growth. We remain optimistic about the opportunities ahead and focused on delivering execution excellence as these projects transition into the implementation phase in the coming quarters.” 

Key Recent Business Updates

• Secured new domestic EPC orders across institutional and government segments.
• Won a grid-interactive SPV project from a leading steel manufacturer.
• Received multiple Rooftop solar orders from GEDA, including a 10-year maintenance scope.
• Strengthened visibility with three separate GEDA orders for FY25–26.
• Added a 1,500-kW rooftop solar project from a reputed university, expanding presence in the institutional segment.

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Kashipur (Uttarakhand) [India], November 17: KVS Castings Limited (BSE SME: KVSCASTING | INE163701019), a leading manufacturer of high-quality ferrous castings specialising in Cast Iron and Ductile Iron components, has announced its unaudited financial results for H1 FY26.

 H1 FY26 Key Financial Highlights

Particulars (₹ In Lakhs)	H1 FY26	H1 FY25	YoY Change
Revenue from Operations	2,390.61	2,317.15	3.17%
EBITDA	549.21	389.53	40.99%
EBITDA Margin	22.97%	16.81%	616.29 BPS
PAT	369.42	259.20	42.52%
PAT Margin	15.45%	11.19%	426.68 BPS
EPS (₹)	2.68	1.88	42.55%

H1 FY26 Key Highlights

• Railway Sector: Expanding into railway modernisation with precision-engineered wagon components and structural steel solutions.
• Defence Sector: Advancing defence indigenisation through the manufacture of 81mm artillery shells, strengthening India’s self-reliance.
• Enhancing Production Capacity & Automation: Upgrading Unit-02 facility with advanced machinery to automate operations and boost monthly production capacity from 600 to 1,000 metric tons while ensuring efficiency and quality.
• Technological Integration in Casting Processes: Adopting advanced casting technologies, including CAD/CAM/CAE tools and CNC/VMC machines, to enhance precision and reduce manual intervention.
• Expanding OEM Partnerships: Strengthening existing collaborations and forging new partnerships across automotive, railway, tractor, and defence sectors to accelerate growth.

Commenting on the company’s performance in H1 FY26, Mr. Arpan Jindal, Managing Director of KVS Castings Limited, said, “We are pleased to report a strong half-year performance in FY26, driven by consistent execution, operational discipline, and our customer-centric approach.

During H1 FY26, our consolidated revenue stood at ₹2,390.61 lakhs. Our EBITDA rose 40.99% YoY to ₹549.21 lakhs, with margins expanding to 22.97%, underscoring improved operating leverage and cost efficiencies. PAT increased by 42.52% YoY to ₹369.42 lakhs, translating into a PAT margin of 15.45%, supported by an enhanced project mix and improved manufacturing efficiency.

We are now advancing into our next growth phase with the planned upgrade of Unit-02 to enhance capacity, automation, and precision through advanced casting technologies. Our strategic entry into the railway and defence sectors marks an important step toward diversification and aligns with India’s self-reliance vision.

The net proceeds from our IPO will be deployed toward capital expenditure and general corporate purposes, further strengthening our operational capabilities. We remain focused on driving sustainable growth through innovation, efficiency, and deeper partnerships with OEMs across key industries.”

 About KVS Castings Limited

KVS Castings Limited, the Foundry Division of the KVS Premier Group, is a leading manufacturer of high-quality ferrous castings, specializing in Cast Iron and Ductile Iron components. The Company offers comprehensive, end-to-end casting solutions under one roof from design to finished products, serving a diverse range of industries, including automobiles, railways, heavy machinery, energy, infrastructure, and agricultural equipment.

With a robust product portfolio of over 150 precision-engineered components such as suspension brackets, brake drums, gearbox housings, pump bodies, and oil filters, KVS Castings is recognized for its commitment to quality and innovation. The Company is accredited with IATF 16949:2016 and ISO 9001:2015 certifications and is approved by RDSO (Research Designs and Standards Organisation, Ministry of Railways).

Driven by engineering excellence, advanced manufacturing capabilities, and strong customer partnerships, KVS Castings continues to strengthen its position as a trusted casting solutions provider across domestic and international markets.

Disclaimer: Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

Chennai (Tamil Nadu) [India], November 17:  Thaai Casting Limited (NSE Emerge: TCL | INE0QJL01014), specialising in High Pressure Die Casting (HPDC), Induction Hardening and Gas Nitriding, Precision Machining of Ferrous and Non-Ferrous Materials, Gear Shaping, and Heavy Machining, has announced its unaudited financial results for H1 FY26.

Standalone Key Financial Highlights

Particulars (₹ In Crore)	H1 FY26	H1 FY25	YoYChange
Revenue from Operations	52.01	47.76	8.89%
EBITDA	12.67	12.53	1.16%
EBITDA Margin (%)	24.37%	26.23%	(186.03 BPS)
Net Profit	4.86	5.37	(9.56%)
Net Profit Margin (%)	9.34%	11.24%	(190.38 BPS)
EPS (₹)	2.08	2.32	(10.34%)

Consolidated Key Financial Highlights

Particulars (₹ In Crore)	H1 FY26	H1 FY25	YoYChange
Revenue from Operations	62.25	53.46	16.43%
EBITDA	16.33	14.50	12.59%
EBITDA Margin (%)	26.23%	27.12%	(89.53 BPS)
Net Profit	6.18	5.37	14.93%
Net Profit Margin (%)	9.92%	10.05%	(12.95 BPS)
EPS (₹)	2.65	2.32	14.22%

Precision That Powers Progress

From vehicles on the road to machinery that drives industries, every component crafted at Thaai Casting reflects precision, innovation, and trust. The first half of FY26 continued to showcase this commitment — with new long-term contracts, capacity optimization, and diversification across critical manufacturing sectors.

During the period, the Company secured two major domestic orders:

• ₹126.53 crore for the supply of various automotive and non-automotive components, to be executed over the next 60–80 months, and
• ₹12.43 crore for building and construction hardware components, to be executed over the next 36–48 months.

These orders enhance Thaai Casting’s visibility and underline its reliability as a trusted precision engineering partner to leading OEMs and Tier-1 suppliers.

Strategic and Financial Highlights

• H1 FY26 saw consistent operations with strong utilization of ~75–80% across casting and machining capacities.
• The Company continues to strengthen its core verticals — High Pressure Die Casting (HPDC), Precision Machining (Ferrous & Non-Ferrous), Induction Hardening, and Gas Nitriding.
• Thaai Casting’s focus remains largely domestic, with exports planned to begin next year.
• Capex continues to be strategically deployed to enhance automation, expand machining capacity, and strengthen backward integration.

Foundation for Future Growth

In September 2025, the Board of Directors approved the allotment of securities on a preferential basis as part of the Company’s growth and capacity expansion plan:

• Equity Shares: Allotted 12,11,837 Equity Shares, raising ₹12,23,95,537.
• Convertible Warrants: Issued 15,00,000 Convertible Equity Share Warrants at ₹101 per warrant. The Company received ₹3.78 crore in the first tranche (25% of the total issue price), with the balance payable upon conversion within 18 months.
• Compulsorily Convertible Debentures (CCDs): Allotted 15,30,963 Unsecured 12% CCDs, raising ₹15,46,27,263, each convertible into one equity shares within 18 months from allotment.
• Total proceeds raised: ₹31,48,97,800.
• This capital infusion strengthens TCL’s financial flexibility to support capacity expansion, technology upgrades, and automation-driven efficiency improvements.

Commenting on the performance, Mr. Anandan Sriramulu, Chairman and Managing Director of Thaai Casting Limited said “Every milestone we achieve is not just a business success—it’s a reflection of our purpose: to make Indian engineering globally respected for its precision, reliability, and strength. From our humble beginnings as a die-casting unit to becoming a diversified engineering solutions provider, our journey has been powered by trust, innovation, and perseverance.

For consolidated H1 FY26, our revenue was ₹62.25 crore, showing a 16.43% growth YoY. EBITDA increased 12.59% to ₹16.33 crore, and Net Profit rose 14.93% to ₹6.18 crore, reflecting steady operational performance and consistent profitability.

As we continue to grow across new applications and industries, our focus remains unwavering—creating components that power progress. The Company’s long-term strategy focuses on achieving sustainable growth, adopting Industry 4.0 automation, and progressively moving toward carbon-neutral operations through renewable energy integration.”

About Thaai Casting Limited

Established in 2011, Thaai Casting Limited has evolved from a specialized die-casting unit into a comprehensive engineering solutions partner. The company’s expertise spans High Pressure Die Casting (HPDC), Induction Hardening and Gas Nitriding, Precision Machining of Ferrous and Non-Ferrous Materials, Gear Shaping, and Heavy Machining — enabling it to deliver end-to-end solutions for diverse industrial requirements.

Its portfolio includes engine and transmission parts, EV battery enclosures, steering assemblies, planetary gears, and windmill gearbox components — all mission-critical and performance-driven. Thaai Casting is certified under ISO/IATF 16949:2016 and multiple global standards, ensuring the delivery of high-quality, reliable components for the automotive and renewable energy sectors.

The company operates a state-of-the-art facility in Tamil Nadu, equipped with advanced CNC and VMC machining systems, SCADA-enabled processes, and one of India’s largest gas nitriding furnaces. Trusted by leading OEMs and Tier-1 suppliers such as Hyundai, Kia, Maruti Suzuki, and Tata Motors, Thaai Casting is recognized as a preferred partner in precision manufacturing.

Disclaimer: Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.

New Delhi [India], November 17: Globe Civil Projects Limited (NSE: GLOBECIVIL / BSE: 544424), an integrated EPC company with over two decades of experience in delivering large-scale institutional, public infrastructure and commercial development projects, announced its Unaudited Financial Results for the Quarter and Half Year ended September 30, 2025.

Key Consolidated Financial Highlights – Q2 & H1 FY2025-26  (In ₹ Mn)

Particulars	Q2 FY26	Q1 FY25	QoQ Growth
Total Income (₹ Mn)	947.81	676.98	40.01%
EBITDA (₹ Mn)	139.90	118.81	17.75%
Net Profit (₹ Mn)	59.75	50.50	18.32%

H1 FY26

• Total Income of ₹1,624.79 Mn

• EBITDA stood at ₹258.71 Mn, with an EBITDA margin of 15.92%.

• Net Profit for the period was ₹110.25 Mn, translating into a Net Profit Margin of 6.79%.

• EPS of ₹2.13

Operational & Business Highlights – Q2 & H1 FY26

• Continued strong execution across 13 ongoing projects spanning education, healthcare, sport infrastructure, commercial and station redevelopment.

• Order book remains above ₹1,000 crore, providing multi-year revenue visibility.

• Secured major new EPC orders aggregating ~₹450 crore, including:

o ₹193.13 Cr – Central University of Punjab (NBCC)

o ₹222.20 Cr – Haryana International Cricket Stadium, Jhajjar

o ₹13.11 Cr – Sports Complex at NIT Delhi (TCIL)

o ₹70.92 Cr – Kotak School of Sustainability, IIT Kanpur (L1)

• Retained its CPWD Class-I Super Contractor status, enabling bidding for projects up to ₹650 crore independently.

• Strengthened footprint across 11 states with growing institutional and government clientele.

Mr. Vipul Khurana, Managing Director, Globe Civil Projects Limited, said:

“Our performance this quarter reflects the strength of our EPC model and our ability to execute complex, multi-year government projects across diverse geographies. The sustained traction in institutional, education, and public infrastructure projects continues to reinforce our position as a trusted execution partner for CPWD, NBCC, RLDA, IITs, NITs and state agencies.

With a disciplined bidding approach and a clear emphasis on high-margin, fully funded government contracts, we are prioritizing quality execution, timely delivery and operational efficiency across all sites. The new orders secured during the period deepen our presence in fast-growing institutional infrastructure segments and further strengthen our order book visibility.

Our strategy remains focused on scaling up execution capabilities, enhancing pre-qualification strengths, and leveraging our in-house engineering, MEP and HVAC teams to deliver technically demanding projects. With a healthy order book, strong client relationships and a proven execution track record across 11 states, Globe Civil is well positioned to drive consistent and sustainable growth going forward.”

If you have any objection to this press release content, kindly contact pr.error.rectification@gmail.com to notify us. We will respond and rectify the situation in the next 24 hours.

Chennai (Tamil Nadu) [India], November 17: Phantom Digital Effects Limited (NSE: PHANTOMFX), has kicked off H1 FY26 on a strong note, posting exceptional growth in both revenue and profitability in its H1 FY26 results. The company is one of the leading creative visual effects (VFX) studio specializing in Film, Web series, and Commercial projects.

Key Financial Highlights (Consolidated)

Particulars (₹ In Lakhs)	H1 FY26	H1 FY25	YoY Change
Total Income	8,829.50	3,665.12	140.91%
EBITDA	2,862.27	1,631.96	75.39%
PAT	2,068.55	827.45	149.99%
PAT Margin	23.43%	22.58%	85.14%
EPS (₹)	13.87	6.09	127.75%

Key Points:

• Revenue growth supported by steady project flow across domestic and international markets.
• Strong margins driven by improved production efficiency and operating leverage.
• Visibility for H2 strengthened by confirmed project deliveries and active pipelines.

Financial Highlights, Strategic Highlights & Corporate Updates

Business Highlights:

• Consolidated order book across all subsidiaries stands at ₹201.32 crore as of 31 October 2025, with projects spanning India, North America, Europe, and Asia.
• With Tippett Studios’ financials consolidated from July 2025 and Milk Visual Effects (including Lola Post) consolidated effective October 2025, the group’s global financial and operational visibility continues to strengthen.
• Sustained growth across domestic and OTT assignments, supported by multiple subsidiaries contributing to the delivery pipeline.
• Strong client engagement with repeat work from major studios and streaming platforms, demonstrating consistent performance and global credibility.

Inorganic Growth / Acquisition Update:

• Acquisition of Milk Visual Effects Limited (UK), including Lola Post Production Limited, strengthens PhantomFX’s presence in Hollywood and European markets and expands its high-end VFX capabilities.
• Tippett Studios and Hangzhou Huangtong Technology Pvt Ltd continue to contribute significantly to global project deliveries.
• PhantomFX has formally consolidated all its creative studios under the newly registered brand umbrella – Phantom Media Group (PMG), creating a unified global platform for operations.

Project Delivery Highlights:

• Delivered a range of significant domestic and international projects, including Kantara 2 (Hombale Films), War 2 (YRF Films), Thandel & Saare Jahan Se Accha (Netflix), Coolie (Sun Pictures), Fengshen 2 – Creation of the Gods II: Demon Force, Marvel’s Ironheart, Alien: Romulus (Disney+), and Star Wars: Skeleton Crew (Disney+), alongside a broader slate of ongoing and recently completed assignments.
• The upcoming pipeline features projects for Walt Disney, Amazon Studios, BBC, Netflix, Prime Video, Lucasfilm, ITV Studios, as well as on domestic front S.S. Rajamouli’s upcoming film and several other high-profile Indian productions, thus supporting sustained growth across both domestic and international markets.

Collections & Receivables:

• Receivables as of September 2025 (consolidated): ₹79.02 crore

Realisations during the period of October–November: ₹13.93 crore, reducing the outstanding balance.

• Strong collections reflect disciplined billing cycles and healthy client relationships.

Outlook:

• Robust order book, global client visibility, and expanding operations support sustained growth.
• Integration of Milk, along with Tippett Studios and Hangzhou Huangtong Technology Pvt Ltd, strengthens international revenues.
• PMG consolidation enhances strategic alignment and long-term value creation

Formation of Phantom Media Group (PMG)

With these combined efforts, PhantomFX has unified Milk, Tippett Studio, Lola Post, PhantomFX, and Spectre Post into the integrated global brand PMG Group, delivering VFX, animation, and post-production services across North America, Europe, and APAC.

Speaking on the operational and strategic progress recorded in H1 FY26, Mr. Bejoy Arputharaj, Founder & Managing Director, stated, “As Phantom Digital Effects Limited continues to strengthen its presence across international markets, I am pleased to share our performance for the first half of FY26. This period marks a clear step-change in our financial and strategic trajectory, supported by disciplined execution and an expanding portfolio of high-impact creative mandates.

H1 FY26 delivered a strong uplift across all key performance indicators. Our consolidated Total Income rose to ₹8,829.50 lakhs, reflecting 140.91% year-on-year growth driven by sustained demand across North America, Europe, and APAC. This momentum translated into improved profitability, with EBITDA increasing 75.39% YoY to ₹2,862.27 lakhs and margins expanding to 32.42% on the back of stronger operating leverage. Profit After Tax grew 150% YoY to ₹2,068.55 lakhs, supported by an enhanced project mix and robust delivery across our facilities. Earnings per share reached ₹13.87 advancing 127.75% YoY and signalling our commitment to building consistent long-term value.

Beyond financial progress, this half year marks an important phase in our strategic evolution. The complete acquisition of Tippett Studio and the successful completion of the Milk VFX acquisition in accordance with the agreed transaction structure, with consideration payable on a deferred basis, significantly elevate our creative depth and give us stronger integration across key global content hubs. These developments form the backbone of our vision to build Phantom Media Group into a unified, innovation-led creative ecosystem with world-class capabilities.

Our geographical reach continues to strengthen with the establishment of Phantom China, opening new avenues in one of the fastest-growing entertainment markets. Additionally, Spectre Post is expanding our relevance among independent and regional creators, enabling us to serve a broader range of production scales and storytelling formats across India, APAC, and emerging markets.

Together, these achievements highlight PhantomFX’s transition into a more diversified, capability-rich, and internationally aligned organisation. As we move ahead, our focus remains on elevating client outcomes, advancing our technological edge, and contributing meaningfully to the evolving landscape of global visual effects.”

About Phantom Digital Effects Limited

PhantomFX is a full-service creative studio specializing in high-end Visual Effects (VFX) for film, television, commercials, and streaming platform. With four state-of-the-art facilities across India – Chennai, Mumbai, Hyderabad, and Bangalore, and a team of over 500+ highly skilled artists, PhantomFX is solidifying its global footprint with operational hubs in the USA, Canada, UK, China, and Dubai.

With TPN gold certification and a strong legacy of delivering end-to-end VFX solution, PhantomFX continues to expand its global presence through strategic growth initiatives. In a significant milestone, we acquired the Oscar-winning Tippet Studio, a renowned American VFX company based in Berkeley, San Francisco. This strategic expansion position us at the forefront of the global VFX industry, delivering world-class content to clients across the entertainment landscape.

Disclaimer

Certain statements in this document that are not historical facts are forward looking statements. Such forward-looking statements are subject to certain risks and uncertainties like government actions, local, political or economic developments, technological risks, and many other factors that could cause actual results to differ materially from those contemplated by the relevant forward-looking statements. The Company will not be in any way responsible for any action taken based on such statements and undertakes no obligation to publicly update these forward-looking statements to reflect subsequent events or circumstances.