VASHU BHAGNANI INDUSTRIES LIMITED

BSE: POOJAENT532011ISIN INE147C01017

Consumer Discretionary
Film Production, Distribution & Exhibition

Share price

₹72.28+3.81 (+5.56%)

as of 4 Nov 2026

Prices adjusted for splits and bonuses; cash dividends excluded. Volume shows actual shares traded.

52W high: ₹119.20
52W low: ₹47.00
Off 52W high: -39.36%
1M return: +7.10%
3M return: -0.62%
6M return: -6.34%
1Y return: -20.75%
20D avg volume: 1,74,544
50 DMA: ₹66.18
200 DMA: ₹69.08

Key ratios Consolidated

Market cap: ₹462.26 Cr
Current price: ₹72.28
52W high / low: ₹119.20 / ₹47.00
Face value: ₹10.00
P/E: 181.63
P/B: 3.13
EPS (TTM): ₹0.40
Book value / share: ₹23.12
ROE: —
ROCE: 2.00%
Operating margin: —
Net margin: —
Debt / equity: 0.04
Net debt: ₹-7.37 Cr
Interest cover: 95.50
Dividend yield: —
Dividend / share (TTM): —
Payout: —
Cash conversion cycle: 3,396.1 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	2.52	2.31	8.88	1.77	1.46	4.48	1.11	1.03	9.37	7.52	20.22	14.64
	0.32	2.72	0.01	0.01	0.05	0.17	0.01	0.16	0.24	0.01	0.25	0.00
	2.84	5.03	8.89	1.78	1.50	4.66	1.13	1.19	9.61	7.53	20.47	14.64
	2.45	7.39	5.20	0.30	0.54	5.11	1.67	0.97	2.70	0.37	19.47	14.09
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.90	0.42	0.44	0.44	0.42	0.43	0.45	0.42	0.43	0.40	0.40	0.40
	0.05	0.01	0.00	0.01	0.02	-0.61	0.14	0.27	0.38	0.25	0.11	0.14
	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
	1.50	6.95	4.74	-0.17	0.09	5.28	0.36	0.16	0.20	0.29	0.19	0.12
	0.39	-2.36	3.70	1.49	0.96	-0.45	-0.54	0.21	6.91	7.89	0.99	0.56
	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	0.39	-2.36	3.70	1.49	0.96	-0.45	-0.54	0.21	6.91	7.89	0.99	0.56
	0.03	-0.05	0.63	0.05	0.02	-1.33	0.06	0.05	1.23	2.33	0.32	0.24
	0.36	-2.31	3.07	1.43	0.95	0.88	-0.48	0.16	5.69	5.57	0.68	0.32
	0.06	-0.36	0.48	0.22	0.17	0.16	-0.09	0.03	1.03	1.59	0.19	0.70
Key metrics
	0.45	-2.34	3.71	1.51	0.99	-1.05	-0.39	0.49	7.30	8.15	1.11	0.71
	17.90%	-101.30%	41.80%	85.30%	67.80%	-23.40%	-35.10%	47.60%	77.90%	108.40%	5.50%	4.80%
	14.30%	-100.00%	34.60%	80.80%	65.10%	19.60%	-43.20%	15.50%	60.70%	74.10%	3.40%	2.20%
	—	-1.20%	—	0.90%	—	-0.70%	—	—	—	—	—	—
	72.60%	-48.40%	700.00%	71.80%	-84.40%	-40.40%	-94.50%	-93.00%	—	—	—	—
	-62.10%	-362.50%	739.60%	793.80%	-83.30%	-84.20%	-170.60%	-50.00%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	15.48	14.42	15.99	58.07	46.62	24.52
	3.06	2.79	0.59	0.27	0.00	0.07
	18.54	17.21	16.58	58.34	46.63	24.59
	15.34	13.43	10.45	47.16	43.58	21.69
	0.00	0.00	0.00	—	—	—
	0.00	0.00	0.00	—	—	—
	2.20	1.72	1.73	1.61	1.47	1.28
	0.07	0.04	0.17	0.67	0.55	0.32
	0.04	0.04	0.05	0.03	0.01	0.01
	13.02	11.62	8.50	0.73	1.32	0.47
	3.22	3.78	6.13	11.19	3.05	2.90
	0.00	0.00	0.00	0.00	0.00	0.00
	3.22	3.78	6.13	11.19	3.05	2.90
	0.66	0.65	-0.12	3.10	0.18	0.10
	2.55	3.13	6.25	8.09	2.87	2.80
	0.40	0.49	1.13	2.31	6.33	6.17
Key metrics
	3.33	3.86	6.35	11.89	3.61	3.23
	21.51%	26.80%	39.70%	20.50%	7.70%	13.20%
	16.47%	21.70%	39.10%	13.90%	6.20%	11.40%
	—	2.00%	4.20%	—	—	—
	91.58%	-9.80%	-72.50%	24.60%	90.10%	—
	68.87%	-49.90%	-22.70%	181.90%	2.50%	—
	—	11.32	-73.17	—	—	—
	—	3.62	-11.71	—	—	—
	—	0.04	0.10	—	—	—
	—	-7.37	12.57	—	—	—
	—	3,396.1	2,546.6	—	—	—
Balance sheet
	—	217.19	199.43	—	—	—
	—	186.56	172.98	—	—	—
	—	13.02	0.80	—	—	—
	—	58.91	75.74	—	—	—
	—	99.47	82.31	—	—	—
	—	6.71	7.06	—	—	—
	—	0.19	0.23	—	—	—
	—	24.21	46.49	—	—	—
	—	26.09	50.39	—	—	—
	—	5.65	13.37	—	—	—
	—	0.03	0.83	—	—	—
	—	5.62	12.54	—	—	—
	—	147.87	134.77	—	—	—
Cash flow
	—	11.32	-73.17	—	—	—
	—	0.06	0.37	—	—	—
	—	0.85	72.49	—	—	—
	—	0.00	0.00	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	0.17	0.07	6.63	0.14	0.26	0.73	0.62	1.02	6.74	5.01	20.22	14.64
	0.35	2.73	0.08	0.02	0.05	0.17	0.01	0.16	0.02	0.00	0.25	0.01
	0.52	2.80	6.71	0.15	0.30	0.91	0.63	1.18	6.76	5.01	20.47	14.64
	0.31	2.77	5.03	0.01	0.26	5.49	1.15	0.38	2.06	0.64	19.20	13.82
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.12	0.13	0.13
	0.05	0.00	0.00	0.01	0.02	0.00	—	0.00	0.17	0.25	0.11	0.14
	0.00	0.00	0.00	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
	0.14	2.65	4.91	-0.12	0.12	5.36	0.31	0.14	0.08	0.28	0.19	0.12
	0.21	0.03	1.68	0.14	0.04	-4.58	-0.53	0.81	4.70	5.65	1.26	0.82
	0.00	0.00	0.00	0.00	0.00	0.00	—	—	—	—	—	—
	0.21	0.03	1.68	0.14	0.04	-4.58	-0.53	0.81	4.70	5.65	1.26	0.82
	0.02	-0.05	0.47	0.05	0.02	1.09	0.06	0.05	1.23	2.33	0.32	0.24
	0.19	0.07	1.22	0.09	0.03	-3.49	-0.47	0.75	3.48	3.32	0.94	0.58
	0.03	0.01	0.19	0.01	0.00	-0.63	-0.08	0.14	0.63	0.95	0.27	1.28
Key metrics
	0.26	0.03	1.68	0.16	0.07	-4.57	-0.52	0.82	4.88	5.91	1.38	0.97
	152.90%	42.90%	25.30%	114.30%	26.90%	-626.00%	-83.90%	80.40%	72.40%	118.00%	6.80%	6.60%
	111.80%	100.00%	18.40%	64.30%	11.50%	-478.10%	-75.80%	73.50%	51.60%	66.30%	4.60%	4.00%
	—	0.00%	—	0.10%	—	-4.10%	—	—	—	—	—	—
	-34.60%	-90.40%	969.40%	-86.30%	-96.10%	-85.40%	-96.90%	-93.00%	—	—	—	—
	533.30%	102.00%	359.60%	-88.00%	-99.10%	-205.10%	-150.00%	29.30%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22
Income statement
	7.01	7.09	9.11	54.51	40.42	9.42
	3.18	2.87	0.36	0.27	0.00	0.06
	10.18	9.96	9.47	54.78	40.42	9.48
	8.12	8.07	9.07	46.07	2.28	9.19
	0.00	0.00	0.00	—	—	—
	0.00	0.00	0.00	—	—	—
	0.48	0.46	0.48	0.53	0.44	0.31
	0.06	0.03	0.17	0.67	0.55	0.32
	0.01	0.02	0.03	0.03	0.01	0.01
	7.58	7.55	8.40	0.73	1.27	0.47
	2.06	1.90	0.40	8.71	38.15	0.30
	0.00	0.00	0.00	—	—	—
	2.06	1.90	0.40	8.71	38.15	0.30
	0.49	0.49	0.12	3.10	0.18	0.10
	1.57	1.41	0.28	5.61	37.96	0.19
	0.24	0.22	0.05	1.60	6.11	0.42
Key metrics
	2.13	1.95	0.60	9.41	38.71	0.63
	30.39%	27.50%	6.60%	17.30%	95.80%	6.70%
	22.40%	19.90%	3.10%	10.30%	93.90%	2.00%
	—	1.50%	0.50%	—	—	—
	166.54%	-22.20%	-83.30%	34.90%	329.10%	—
	—	403.60%	-95.00%	-85.20%	19,878.90%	—
	—	-0.86	-2.66	—	—	—
	—	-0.61	-9.50	—	—	—
	—	0.00	0.01	—	—	—
	—	-6.33	0.39	—	—	—
	—	2,716.6	2,053.0	—	—	—
Balance sheet
	—	151.66	136.09	—	—	—
	—	83.49	80.06	—	—	—
	—	6.36	0.44	—	—	—
	—	40.71	43.39	—	—	—
	—	28.99	28.96	—	—	—
	—	6.03	6.12	—	—	—
	—	0.00	0.02	—	—	—
	—	16.93	21.11	—	—	—
	—	18.76	23.74	—	—	—
	—	0.03	0.83	—	—	—
	—	0.03	0.83	—	—	—
	—	0.00	0.00	—	—	—
	—	132.49	111.93	—	—	—
Cash flow
	—	-0.86	-2.66	—	—	—
	—	-11.55	-53.77	—	—	—
	—	18.33	56.74	—	—	—
	—	0.00	0.00	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: -44.02%
Sales CAGR 5Y: —
Profit CAGR 3Y: -66.63%
Profit CAGR 5Y: —
Sales YoY (TTM): +166.54%
Profit YoY (TTM): +149.37%

Consolidated

Sales CAGR 3Y: -32.37%
Sales CAGR 5Y: —
Profit CAGR 3Y: +2.93%
Profit CAGR 5Y: —
Sales YoY (TTM): +91.58%
Profit YoY (TTM): +68.87%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Sep 2026

Promoter holding: 74.47%

Quarter	30 Sep 2026	September 2026	June 2026
Promoter %	74.47%	74.47%	74.47%

Holder	Type	Holding	Previous	Change
VASHU BHAGNANI	Promoter	48.25%	48.25%	0.00%
JACKY VASHUDEV BHAGNANI	Promoter	15.63%	15.63%	0.00%
PUJA VASHU BHAGNANI	Promoter	5.34%	5.34%	0.00%
DEEPSHIKHA DHIRAJ DESHMUKH	Promoter	5.25%	5.25%	0.00%
REJOICE DEVELOPERS PRIVATE LIMITED	Public	5.16%	5.16%	0.00%
NEXPACT LIMITED	Public	2.40%	2.40%	0.00%
AFFLUENCE FINCON SERVICE PRIVATE LIMITED	Public	2.31%	2.31%	0.00%
INTELLECT MONEY FINVEST PRIVATE LIMITED	Public	2.00%	2.00%	0.00%
EMINENCE GLOBAL FUND PCC- EUBILIA CAPITAL PARTNERS FUND I	Public	1.79%	1.79%	0.00%
MAGNOLIA FARMS PVT LTD	Public	1.37%	1.37%	0.00%

Public shareholders are disclosed individually only above 1%.

Peer comparison

Company	Mkt cap (₹ Cr)	Price (₹)	P/E	ROCE	Sales YoY	Profit YoY	1Y return
PVR INOX LIMITED	15,476	1,575.95	25.19	7.20%	+14.30% TTM	+1,650.00% TTM	+35.62%
Media Matrix Worldwide Ltd.	1,962	17.32	158.55	—	+50.69% TTM	+179.86% TTM	+29.84%
JOJO LIMITED	1,532	111.05	218.09	15.50%	+335.50% TTM	+6,481.82% TTM	+163.15%
PANORAMA STUDIOS INTERNATIONAL LIMITED	1,522	58.43	79.30	10.10%	-23.59% TTM	-53.02% TTM	+11.30%
Sunshine Pictures Limited S	1,224	333.30	—	—	—	—	—
VASHU BHAGNANI INDUSTRIES LIMITED	462	72.28	181.63	2.00%	+91.58% TTM	+68.87% TTM	-20.75%
Cineline India Limited	304	88.86	—	-3.10%	-15.02% TTM	-287.44% TTM	+3.40%
UFO Moviez India Limited	239	61.65	10.44	10.60%	+12.37% TTM	-19.92% TTM	-18.37%
Diksat Transworld Limited	227	129.50	—	—	—	—	—
Tips Films Limited S	139	321.00	-3.82	-46.70%	-45.35% TTM	+18.72% TTM	-25.36%
Baba Arts Ltd S	134	25.50	283.33	3.10%	-29.55% TTM	-63.11% TTM	+234.21%
Mukta Arts Ltd.	117	51.70	-14.87	1.80%	+7.94% TTM	+52.62% TTM	-25.07%
G.V. Films Ltd.	56	0.30	-172.71	3.30%	—	+89.52% TTM	-3.23%
Picturehouse Media Limited	36	6.90	59.39	7.90%	+225.00% TTM	-74.90% TTM	-12.33%
PNC Media and Entertainment Limited	25	17.00	-2.00	-26.00%	-5.69% TTM	-1,050.47% TTM	-43.80%
JMD Ventures Limited S	20	6.99	53.77	1.60%	-15.69% TTM	-47.78% TTM	+26.63%
Mediaone Global Entertainment Limited S	20	13.55	-8.07	-6.30%	-94.17% TTM	-488.10% TTM	-23.96%
Orient Tradelink Ltd. S	17	4.35	17.40	2.60%	-18.14% TTM	+163.89% TTM	-77.70%
BOMBAY TALKIES LIMITED S	15	2.75	-91.67	-3.80%	-53.33% TTM	-6.67% TTM	-56.42%
V R FILMS & STUDIOS LIMITED S	12	11.06	-17.56	19.90%	-16.98% TTM	+71.01% TTM	-28.65%
SDC TECHMEDIA LIMITED S	12	18.05	-5.54	-9.70%	—	—	—
Net Pix Shorts Digital Media Limited S	11	33.60	—	0.60%	—	—	+5.00%
Encash Entertainment Limited S	10	26.18	-27.85	-4.20%	—	—	—
Interworld Digital Ltd. S	9	0.19	-19.00	-0.30%	-100.00% TTM	-62.50% TTM	-40.62%
Filmcity Media Ltd. S	8	1.66	-33.20	-10.40%	—	-58.82% TTM	-18.23%

Filings & corporate actions

Recent announcements

Annual Report for the FY 2025-2629 Oct 2026 · Others / Reg. 34 (1) Annual Report
Certificate under Regulation 74(5) of SEBI (DP) Regulations, 201812 Oct 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Revised intimation under Regulation 30 (LODR)12 Oct 2026 · Company Update / General
Intimation under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 20155 Oct 2026 · Company Update / General
Intimation for Closure of Trading Window for the quarter and half year ended as on 30th September, 202628 Sep 2026 · Insider Trading / SAST / Closure of Trading Window
Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 - Appointment of Statutory Auditor of the Company.26 Sep 2026 · Company Update / Change in Management
Voting Results for the 39th Annual General Meeting held on 26th September, 202626 Sep 2026 · AGM/EGM / AGM
Scrutinizer Report for the 39th Annual general Meeting held on 26th September, 202626 Sep 2026 · AGM/EGM / AGM
The outcome of 39th Annual General Meeting held on 26th September, 202626 Sep 2026 · AGM/EGM / AGM
Announcement under Regulation 30 (LODR) - The company has applied for direct listing application with NSE without public offer or further issue.21 Sep 2026 · Company Update / General
Outcome of Board Meeting held on 21st September, 2026 to consider and approve inter alia, the proposal of direct listing application with NSE without any public offer or further issue.21 Sep 2026 · Company Update / General
Newspaper Advertisement regarding Notice of 39th Annual General Meeting, E-Voting and Book Closure2 Sep 2026 · Company Update / Newspaper Publication
Intimation regarding Book Closure in terms of Regulation 42 of the SEBI (LODR) Regulations 2015 for 39th Annual General Meeting of the company to be held on Saturday, September 26, 2026.1 Sep 2026 · Corp. Action / Book Closure
Notice of 39th Annual General Meeting of the company to be held on Saturday, September 26, 2026 along with Annual Report for the Financial Year ended as on March 31, 2026.1 Sep 2026 · AGM/EGM / AGM
Annual Report along with Notice of Annual General Meeting of the Company for the year ended as on March 31, 2026.1 Sep 2026 · Company Update / General
Newspaper Publication containing the Public Notice of 39th Annual General Meeting of the Company31 Aug 2026 · Company Update / Newspaper Publication
Disclosure under Regulation 30 of SEBI (LODR) Regulations, 2015 - Appointment of Statutory Auditor subject to the approval of Members and recommendation thereof.30 Aug 2026 · Company Update / Change in Management
The 39th Annual General Meeting of the Company is scheduled to be held on Saturday, 26th September, 2026 at 03:00 PM through video conferencing (VC)/ other Audio-Video Means (OVAM).30 Aug 2026 · AGM/EGM / AGM
Pursuant to the Regulation 30 of SEBI (LODR) Regulations, 2015, Outcome of Board Meeting held on 30th August, 2026 wherein, inter alia, has considered and approved routine business matters as stated.30 Aug 2026 · Others / Outcome without intimation
Resignation of Statutory Auditor with effect from 13th August, 202613 Aug 2026 · Company Update / Resignation of Statutory Auditors
Newspaper Publication- Unaudited Financial (Standalone and Consolidated) Results for the Quarter ended June 30, 202612 Aug 2026 · Company Update / Newspaper Publication
Unaudited Financials Results (Standalone and Consolidated) of the Company for the quarter ended June 30, 202611 Aug 2026 · Result / Financial Results
Outcome of the Board Meeting held on August 11, 202611 Aug 2026 · Board Meeting / Outcome of Board Meeting
Vashu Bhagnani Industries Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 11/08/2026 ,inter alia, to consider and approve Unaudited Standalone ....5 Aug 2026 · Board Meeting / Board Meeting
Announcement under Regulation 30 of the SEBI (LODR) Regulations, 2015 - Outcome of Board Meeting held on 31st July, 2026.31 Jul 2026 · Company Update / General
Certificate under Regulation 74(5) of SEBI (DP) Regulations, 2018 for quarter ended June 30, 2026.14 Jul 2026 · Company Update / Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
Appointment of Non-Executive Independent Director and Re-appointment of Managing Director1 Jul 2026 · Company Update / Change in Management
Voting results for the Extra-Ordinary General Meeting held on 30th June, 2026.1 Jul 2026 · AGM/EGM / EGM
Scrutinizers Report for the Extra-Ordinary General Meeting held on 30th June, 2026.1 Jul 2026 · AGM/EGM / EGM
Outcome of the Extra-Ordinary General Meeting held on 30th June, 202630 Jun 2026 · AGM/EGM / EGM
Closure of Trading Window for the quarter ended as on 30th June, 202630 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Newspaper advertisement for the 01/2026-24 Extra-Ordinary General Meeting of the Company to be held on Tuesday, 30th June, 2026 at 03.00 PM through Video Conference (VC)/Other Audio Visual ....9 Jun 2026 · Company Update / General
Fixes Book Closure for 01/2026-27 Extra-Ordinary General Meeting to be held on 30th June, 2026.8 Jun 2026 · Corp. Action / Book Closure
Notice of 01/2026-27 Extra-Ordinary General Meeting of the Company to be held on Tuesday, 30th June, 2026 at 03:00 PM through Video Conferencing/ Other Audio - Visual Means (''OVAM'')8 Jun 2026 · Company Update / General
The 01/2026-27 Extra-Ordinary General Meeting to be held on 30th June, 2026 at 03:00 PM through Video Conferencing (''VC'')/ Other Audio - Visual Means (''OVAM'')8 Jun 2026 · AGM/EGM / EGM
With reference to the above captioned subject and as per Regulation 30 and all other applicable regulations of SEBI (LODR) Regulations, 2015, we hereby inform that; at a meeting of the ....8 Jun 2026 · Others / Outcome without intimation
Annual Secretarial Compliance Report for FY 25-2629 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Disclosure by the company in terms of Regulation 30 of SEBI (LODR) Regulations, 2015 regarding further investment in wholly owned subsidiary - Modern Productions FZ LLC, UAE6 May 2026 · Company Update / General
Outcome of Board Meeting held on 04th May, 2026 for withdrawing the NSE direct listing application.4 May 2026 · Company Update / General
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....30 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A

Board meetings

11 Aug 2026 Board Meeting - Financial Results