Balaji Telefilms Limited announced that Mr. Hamavvand Chwda has stepped down from the position of Group Head - Commercial & Administration. The executive ceased to be associated with the company effective June 09, 2026, citing personal reasons for the departure.

The disclosure was made to the exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the requisite details regarding the change in senior management personnel have been submitted in accordance with SEBI Circular dated July 13, 2023.

Details of Resignation

The following table outlines the key particulars of the management change as per the regulatory filing:

Mr. Chwda submitted his formal resignation letter on June 09, 2026, confirming the date as his last working day in accordance with his notice period. He expressed gratitude for the opportunities provided during his tenure and committed to ensuring a smooth transition of responsibilities.

The information regarding this senior management change has been made available on the company's official website.

Balaji Telefilms Limited expects its revenue to reach approximately ₹800 crores in FY27, driven by a robust content pipeline across motion pictures and digital platforms. The company’s management shared this guidance during its earnings conference call held on May 27, 2026, to discuss the financial performance for the quarter and year ended March 31, 2026. The strategic pivot focuses on increasing the contribution of IP-led content, particularly in motion pictures, which is anticipated to account for 50% of the top line, while the traditional television segment is expected to become the smallest contributor.

Financial Performance for FY26

For the financial year ended March 31, 2026, Balaji Telefilms reported a revenue from operations of ₹210 crores, a decrease from ₹453 crores in the previous fiscal year. The company recorded an EBITDA loss of ₹65.8 crores and a loss after tax of ₹49.6 crores. The performance was impacted by industry headwinds, lower activity in the television segment, and continued investments in digital ecosystem development. In Q4FY26, revenue stood at ₹47 crores, with an EBITDA loss of ₹17 crores and a net loss of ₹14 crores.

Strategic Initiatives and Operational Updates

The company is strengthening its digital capabilities through expanded partnerships with OTT platforms like Netflix and Amazon. The order book for OTT content stands at approximately ₹350 crores, with an expected realization of over ₹135 crores in FY27. New formats, such as vertical micro dramas developed in collaboration with Vertigo TV, are being introduced to target mobile-first audiences. Additionally, the integration of ALT Digital Media Entertainment and Marinating Films has resulted in significant cost rationalization, reducing the monthly cash burn to ₹50 lakhs and generating a GST input credit of ₹117 crores.

Segmental Performance and Outlook

The Motion Pictures business is poised for significant growth, with a pipeline of 17 films planned over the next three years. Management expects this segment to generate close to ₹400 crores in revenue in FY27, compared to ₹15 crores in the previous year. The television segment, while facing softness due to show transitions and reduced broadcaster investment, saw sequential improvement in Q4FY26, moving from a loss of ₹7 crores to a profit of ₹4 crores. The company maintains a healthy liquidity position with liquid cash and investments of ₹165 crores.

FY27 Revenue Guidance

Management provided a detailed breakdown of the expected ₹800 crores revenue for FY27:

The company anticipates that FY27 will be a year of execution and business normalization, with financial improvements expected to be visible from Q1FY27.