BAG Films FY26 net profit rises, revenue grows
B.A.G. Films and Media Limited reported a consolidated net profit of ₹504.02 lakh for FY26, with revenue rising to ₹15,007.19 lakh. The Board approved the audited results on May 25, 2026, confirming an unmodified opinion from auditors Joy Mukherjee & Associates. The company issued warrants and equity shares to the promoter group, raising ₹1,018.88 lakh during the year.

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bag films & media reported a consolidated net profit of ₹504.02 lakh for the financial year ended March 31, 2026, a decrease from ₹999.03 lakh in the previous year. Revenue from operations for the year rose to ₹15,007.19 lakh from ₹13,595.87 lakh in FY25, driven by its television broadcasting and audio-visual production segments. For the quarter ended March 31, 2026, the company posted a consolidated net profit of ₹234.54 lakh and revenue of ₹4,292.63 lakh.
The Board of Directors approved the audited standalone and consolidated financial results at a meeting held on May 25, 2026. The results were reviewed by the Audit Committee and are accompanied by audit reports from Statutory Auditors Joy Mukherjee & Associates, which issued an unmodified opinion. The financial statements were prepared in accordance with Indian Accounting Standards (Ind-AS).
Financial Performance
The standalone financial results for FY26 show a net profit of ₹380.23 lakh, an increase from ₹108.95 lakh in the previous year. Total income for the standalone entity stood at ₹4,411.50 lakh, up from ₹3,817.80 lakh in FY25. The company’s paid-up equity share capital increased to ₹4,152.66 lakh as of March 31, 2026, from ₹3,956.66 lakh in the prior year, following the issuance of equity shares and warrants.
Segment Results
The company operates across six identifiable business segments, including Audio-Visual Production and Distribution, Leasing, F.M. Radio, Podcast, Television Broadcasting, and Content Syndication. Television Broadcasting was the largest revenue contributor in the consolidated results, generating ₹11,226.07 lakh for the year ended March 31, 2026.
Consolidated Financial Highlights (FY26)
| Particulars | Amount (₹ in Lakhs) |
|---|---|
| Revenue from Operations | 15,007.19 |
| Total Income | 15,121.99 |
| Total Expenses | 14,352.59 |
| Profit for the Period | 504.02 |
| Earnings Per Share (Basic) | 0.27 |
Capital Allocation and Cash Flows
During the year, the company issued 20,000,000 warrants convertible into equity shares at ₹8.25 per share to a member of the Promoter Group. As of March 31, 2026, the company had received ₹1,018.88 lakh against these allotments, with the entire amount lying unspent in the bank. Net cash flow from financing activities was ₹1,403.94 lakh, primarily due to proceeds from the issue of equity shares and share warrants.
Historical Stock Returns for BAG Films & Media
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +2.00% | +4.72% | -1.16% | -17.48% | -24.67% | +61.90% |
What specific factors caused the consolidated net profit to halve despite a significant increase in revenue?
How does the company plan to utilize the unspent proceeds of ₹1,018.88 lakh from the recent warrant issuance?
Will the conversion of promoter warrants at ₹8.25 per share lead to significant equity dilution for existing shareholders?


































