Phantom Digital Effects Limited — Investor Meet, 28-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Phantom Digital Effects reported strong H1 FY26 financial results, with consolidated income up 140.93% YoY to ₹84.98 Cr. EBITDA reached ₹28.62 Cr (32.41% margin) and PAT ₹20.68 Cr (23.43% margin). Recent acquisitions of Tippett Studio, Milk VFX, and Lola Post are fully integrated under the new Phantom Media Group (PMG) umbrella, targeting global markets. This structure enhances negotiation power and leverages Indian execution for margin growth. The company holds a ₹201.32 Cr order book, with ₹817 Cr in the bidding pipeline, and expects FY26 consolidated revenue of ₹240 Cr, targeting ₹300-350 Cr for FY27. AI tools are being integrated to boost productivity, widening service offerings. Migration to the main board is anticipated by January. Management expresses confidence in sustained growth and margin expansion.