ALPHA TRIBE

Basilic Fly Studio LimitedUpdates, 28-01-2025: Press Release

28-01-2025 | 03:52 pm

Basilic Fly Studio Limited (BFS) is experiencing significant momentum with a robust sales pipeline currently valued at ₹301.3 Cr, reflecting a 39.5% increase from the previous £20 million reported in October 2024. This growth is driven by prestigious contracts with major players like Netflix (₹104.8 Cr), Amazon (₹63.7 Cr), and Sony (₹34.6 Cr), among others, highlighting BFS's strong positioning in the global visual effects (VFX) market. The order book is primarily expected to be fulfilled by September 2025, showcasing solid visibility for future revenues.

Management reported that this healthy pipeline aligns with earlier growth guidance, particularly after recovering from industry challenges. The strong project pipeline underscores the rising demand for high-quality VFX, fueled by advancements in technology and increasing content needs across various media. With continued partnerships with distinguished studios, BFS is poised for operational excellence and further brand enhancement, presenting a positive outlook for its expansion in both domestic and international markets.

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