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DIGIKORESTUDIOS Diversified 15 May 2026

Digikore Studios Limited — Q4 FY26

Digikore Studios reported a strong turnaround in FY26, with revenue from operations growing 83.1% YoY to ₹66.02 crore and PAT swinging from a loss of ₹7.2 crore to a profit of ₹12.64 crore.

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Revenue ₹32 Cr +83.1%
EBITDA
PAT ₹7 Cr
EBITDA Margin 35%
Duration 53 min
Read Time 1 min read

✓ Verified against BSE filing

2-Minute Summary

✦ AI-Generated from Full Transcript

Digikore Studios reported a strong turnaround in FY26, with revenue from operations growing 83.1% YoY to ₹66.02 crore and PAT swinging from a loss of ₹7.2 crore to a profit of ₹12.64 crore. The recovery was driven by the return of Hollywood production post-strike, disciplined execution under Project Abhimanyu, and key wins like One Piece Season 2 (~$800K) and Rings of Power. Management guided for FY27 revenue of ₹85 crore and PAT of ₹15-16 crore, underpinned by a ₹40-50 crore order book and a strategic partnership with EF Studios targeting ₹50 crore over three years. Risks include delayed cash flow normalization (6-12 months) and potential AI disruption to VFX budgets, though management is diversifying into AI-assisted content and branded content.

Risks4 trackedTranscriptfull text
Research workspace

Focused Modules

Claim Ledger 71% answered

Did management answer the analysts?

12 analyst questions audited, 2 evaded or deflected.

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!Risks 4 risks

Risk Intelligence

Cash Flow Normalization Delay

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Transcript Full text

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Quarter Snapshot

Order Book ₹45-50 crore
+N/A

Includes ~₹40 crore from existing outsource clients and direct projects like One Piece S3.

One Piece Season 3 Value $1 million
+25% vs S2

Estimated project value for the upcoming season, up from ~$800K for S2.

Business Development Meetings 250+
+N/A

In-person and online meetings completed over the last 12 months across US, Europe, Asia, and Latin America.

EF Studios Partnership Revenue Target ₹50 crore
+N/A

Expected VFX revenue over three years from the strategic partnership with EF Studios.

Fast read

Guidance and risk preview

Top guidance FY27 Revenue Guidance of ₹85 crore

Management expects topline of ₹85 crore for FY27, with VFX contributing ~₹75 crore and branded content ~₹10-12 crore.

Top risk Cash Flow Normalization Delay

Management acknowledged that cash flow cycles and debtor days may take 6-12 months to regularize, with some clients taking up to 180 days to pay.

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