Phantom Digital Effects Limited — Investor Meet, 09-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Phantom Digital Effects reported FY25 revenue up 14.36% YoY to Rs. 102.16 Cr, with EBITDA rising 2% to Rs. 39.69 Cr (38% margin) and PAT steady at Rs. 20.20 Cr (19.36% margin). Tippett Studio’s addition post-approval is expected to add $12-15M revenue with 22% PAT margin in FY26. Expansion in China targets $5-8M revenue, alongside new digital intermediate/color grading services in Bangalore. The consolidated order book stands at Rs. 72 Cr with a Rs. 270-312 Cr pipeline. Management expects standalone revenue growth of 30% and potential doubling of group revenue to ~Rs. 200 Cr in FY26, with EBITDA margins of 38-45%. Focus remains on global diversification and client relationship strengthening, with cash flow improvements underway.