B.A.G. Films Completes UDIN Update Following Strong Q3 FY26 Results
B.A.G. Films and Media Limited delivered impressive Q3 FY26 performance with standalone revenue growth of 35.31% to ₹1,319.02 lakhs and remarkable net profit surge of 1051.57% to ₹216.33 lakhs. The company completed regulatory compliance by submitting updated Limited Review Reports with UDIN numbers to BSE and NSE following the initial results announcement.

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B.A.G. Films and Media Limited announced its unaudited financial results for the third quarter and nine months ended December 31, 2025, showcasing strong operational performance across its diversified business segments. The Board of Directors approved these results during their meeting held on February 12, 2026.
Strong Quarterly Performance
The company delivered impressive standalone financial results for Q3 FY26, demonstrating significant growth across key metrics:
| Metric: | Q3 FY26 | Q3 FY25 | Growth (%) |
|---|---|---|---|
| Revenue from Operations: | ₹1,319.02 lakhs | ₹974.73 lakhs | +35.31% |
| Total Income: | ₹1,319.10 lakhs | ₹974.99 lakhs | +35.29% |
| Net Profit: | ₹216.33 lakhs | ₹18.79 lakhs | +1051.57% |
| Basic EPS: | ₹0.11 | ₹0.01 | +1000% |
Nine-Month Performance Overview
For the nine months ended December 31, 2025, the company maintained its growth trajectory with substantial improvements in profitability:
| Parameter: | Nine Months FY26 | Nine Months FY25 | Change (%) |
|---|---|---|---|
| Revenue from Operations: | ₹3,100.27 lakhs | ₹2,732.22 lakhs | +13.47% |
| Total Income: | ₹3,101.44 lakhs | ₹2,732.48 lakhs | +13.50% |
| Net Profit: | ₹350.98 lakhs | ₹77.32 lakhs | +353.85% |
| Basic EPS: | ₹0.18 | ₹0.04 | +350% |
Consolidated Results Show Diversified Growth
The consolidated financial results reflect the company's diversified business portfolio, including subsidiaries engaged in television broadcasting, FM radio, and content syndication. Consolidated revenue from operations for Q3 FY26 reached ₹3,992.71 lakhs compared to ₹3,112.38 lakhs in Q3 FY25. For the nine-month period, consolidated revenue stood at ₹10,714.56 lakhs versus ₹9,407.25 lakhs in the previous year.
Segment-wise Performance Analysis
The company operates across six business segments, with Audio-Visual Production and Distribution being the primary contributor to standalone operations:
| Segment: | Q3 FY26 Revenue | Q3 FY25 Revenue |
|---|---|---|
| Audio-Visual Production & Distribution: | ₹1,112.04 lakhs | ₹767.69 lakhs |
| Leasing: | ₹206.98 lakhs | ₹207.04 lakhs |
On a consolidated basis, Television Broadcasting emerged as the largest segment with Q3 FY26 revenue of ₹2,665.30 lakhs, while FM Radio operations contributed ₹90.93 lakhs during the quarter.
UDIN Update and Regulatory Compliance
Following the initial financial results announcement on February 12, 2026, the company submitted updated Limited Review Reports with UDIN to both BSE Limited and National Stock Exchange of India Limited on February 16, 2026. Company Secretary Ajay Mishra communicated this update under Regulation 30 and 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The updated reports included UDIN numbers for both standalone and consolidated financial results after the ICAI portal maintenance was completed. The statutory auditors Joy Mukherjee & Associates issued the review reports with UDIN 26074602AIUSOQ8686 for standalone results and UDIN 26074602BSGNNQ8636 for consolidated results.
Financial Position and Outlook
The company maintained a stable financial position with paid-up equity share capital of ₹3,956.66 lakhs, consisting of shares with a face value of ₹2.00 each. Total standalone assets stood at ₹30,840.09 lakhs as of December 31, 2025, while consolidated assets reached ₹65,831.07 lakhs.
The financial results were reviewed by the Audit Committee and prepared in accordance with Indian Accounting Standards (Ind-AS) as prescribed under the Companies Act, 2013. The results demonstrate the company's continued focus on operational efficiency and strategic growth across its media and entertainment verticals.
Historical Stock Returns for BAG Films & Media
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +11.70% | +4.62% | -0.18% | -14.33% | -16.31% | +109.23% |































