UFO Moviez India Limited reported a 161% increase in consolidated net profit to ₹249 million for the fiscal year ended March 31, 2026, compared to ₹96 million in the previous year. The company attributed this growth to a 15% rise in consolidated revenue, which reached ₹4,864 million, and improvements in theatrical and advertising revenues. The earnings were discussed during a conference call held on May 22, 2026, pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

For the quarter ended March 31, 2026, consolidated revenue grew by 43% to ₹1,342 million from ₹940 million in the corresponding period of the previous year. EBITDA for the quarter increased by 55% to ₹182 million, while net profit stood at ₹45 million, a turnaround from a net loss of ₹7 million in Q4 FY25. On a sequential basis, revenue increased by 2%, while EBITDA and net profit declined by 13% and 30%, respectively. The consolidated cash position as of March 31, 2026, stood at ₹1,362 million, with net cash at ₹590 million after considering outstanding debt.

Operational Metrics

The company's advertising footprint expanded to 4,049 screens, comprising 2,597 multiplex screens and 1,452 single screens. A total of 1,834 movies were released during FY26, compared to 1,808 in FY25. Management noted that Q4 FY26 witnessed strong theatrical momentum, particularly in March, driven by the success of the film "Dhurandhar: The Revenge".

Strategic Updates

During the call, management confirmed the discontinuation of the loss-making caravan business operations due to inconsistent pipeline. Assets related to this business, which were over 10 years old, were disposed of, realizing approximately ₹20 million to ₹30 million. The company also addressed queries regarding increased employee costs, attributing the rise to variable payouts of approximately ₹90 million linked to improved profitability.

The table below summarizes the key consolidated financial metrics for the period:

Looking ahead, the company expressed optimism for Q1 FY27, citing a healthy content pipeline with releases such as "Peddi" and "Welcome to the Jungle".

The Board of Directors of ufo moviez has approved the re-appointment of Mr. Sanjay Gaikwad as the Managing Director of the company. The decision was taken during a board meeting held on May 21, 2026, based on the recommendation of the Nomination and Remuneration Committee. The re-appointment is subject to the approval of the members at the ensuing Annual General Meeting.

Mr. Sanjay Gaikwad is set to serve as Managing Director for a period of three consecutive years. His term is scheduled to commence on October 17, 2026, and will conclude on October 16, 2029. The company disclosed that Mr. Gaikwad is not related to any of the other directors on the board.

Appointment Details

The company provided specific details regarding the re-appointment in a disclosure to the stock exchanges. The following table outlines the key particulars of the appointment:

Background and Profile

Mr. Gaikwad, a chemical engineer by education, has been associated with the company since its inception. He is credited with conceptualizing UFO Moviez and developing the world's first satellite-based content distribution platform, which revolutionized the business of Indian Cinema. Under his leadership, the company played a pioneering role in making India 100 percent digital for movie delivery and projection.

The board meeting commenced at 2:30 P.M. and concluded at 4:40 P.M. on May 21, 2026. The information regarding the re-appointment has been made available on the company's official website.