PhantomFX

PhantomFX Announces H1 FY 2024-25 Results with Total Income of Rs 37 Crore

Business News

Mumbai (Maharashtra) [India], November 14: Phantom Digital Effects Limited (NSE: PHANTOMFX), a creative visual effects (VFX) studio, announced its Unaudited Financial Results for H1 FY 2024-25.

H1 FY 2024-25 Key Financial Highlights:

Consolidated 

  • Total Income of ₹36.65 crore
  • EBITDA of ₹16.32 crore
  • EBITDA Margin at 45%
  • PAT of ₹8.27 crore
  • PAT Margin at 23%
  • EPS of ₹6.09

Standalone 

  • Total Income of ₹35.96 crore
  • EBITDA of ₹16.46 crore
  • EBITDA Margin at 46%
  • PAT of ₹8.38 crore
  • PAT Margin at 23%
  • EPS of ₹6.17

Comment on Financial Performance: Mr. Bejoy Arputharaj, Managing DirectorPhantom Digital Effects Limited, said, “I am immensely proud of the remarkable progress and growth we have achieved at PhantomFX. This half-year has been transformative for the company, with a 92% increase in revenue, reaching ₹79 crores—₹35 crores of which was realised in H1, with the remaining ₹44 crores expected to be billed in H2. We aim to maintain sustainable operational margins consistent with our performance in FY 23-24.

This growth reflects not only our team’s dedication but also the trust our clients place in PhantomFX as a reliable partner for delivering large-scale, high-quality projects. Our robust order book includes ₹30 crores from Tippett, to be billed in H2 of FY 2024-25, positioning us for sustained growth and financial resilience. Also, we have submitted proposals for 35 work orders to various clients, with a total project value exceeding ₹100 crores, maintaining an order success rate of at least 20%.

PhantomFX is driving growth through large VFX projects, automation, and AI-driven R&D, enhancing creativity and operational efficiency. Our strategic partnerships with major Chinese production houses, backed by government support, are expanding our presence in one of the world’s most extensive entertainment markets. With a strong order book and ongoing technological advancements, we are poised to redefine industry standards and sustain global growth.”

H1 FY 2024-25 Highlights of Phantom Digital Effects Limited

Major VFX Order Secured In September 2024, we secured new VFX projects worth ₹12.4 Cr, reinforcing PhantomFX’s global market influence and commitment to high-quality visual effects.
Award Wins for “Ayalaan” “Ayalaan” won multiple prestigious awards at the VAM Awards, including Best Motion Capture, Best Compositing, Best VFX Feature (Domestic), Best Innovative Use of Software in VFX, and Best VFX Supervisor for Bejoy Arputharaj.
Innovations in Automation and Virtual Production Introduced new automation tools boosting productivity by 10-15%, real-time interaction with 3D sets, AI-driven R&D enhancing visual effects, and photorealistic virtual sets for volume stages.
Launch of Subsidiary Spectre Post Launched the wholly-owned subsidiary Spectre Post in Bengaluru, securing major projects.
Leadership Team Strengthened
  • Appointed Mr. Vetrivell as Senior Vice President of Production, with 28 years of expertise in VFX, Animation, and AR/VR
  • Mr. Jamie Briens, Head of Technology, brings 19 years of experience in artist workflows and pipeline development.

If you have any objection to this press release content, kindly contact [email protected] to notify us. We will respond and rectify the situation in the next 24 hours.