Integrated Filing — IndAS



General information about company

Scrip Code 532748
NSE Symbol PFOCUS
MSEI Symbol NOTLISTED
ISIN INE367G01038
Name of company PRIME FOCUS LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 27-01-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 21-01-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Post Production
Start date and time of board meeting 27-01-2026   20:30:00
End date and time of board meeting 27-01-2026   22:25:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 1,20,724.89 3,29,133.99
Other income 673.83 14,254.20
Total income 1,21,398.72 3,43,388.19
2 Expenses
(a) Cost of materials consumed 0.00 0.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0.00 0.00
(d) Employee benefit expense 63,043.28 1,82,389.02
(e) Finance costs 13,289.23 36,647.87
(f) Depreciation, depletion and amortisation expense 16,716.53 43,981.41
(f) Other Expenses
1 Employee stock option expense 1,350.51 1,627.75
2 Technician fees 2,930.27 7,288.91
3 Technical service cost 4,614.14 13,725.48
4 Other expenses 9,337.08 30,618.82
Total other expenses 18,232.00 53,260.96
Total expenses 1,11,281.04 3,16,279.26
3 Total profit before exceptional items and tax 10,117.68 27,108.93
4 Exceptional items (1,851.84) (1,851.84)
5 Total profit before tax 8,265.84 25,257.09
6 Tax expense
7 Current tax 3,121.06 5,150.59
8 Deferred tax (1,774.98) 1,734.28
9 Total tax expenses 1,346.08 6,884.87
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 6,919.76 18,372.22
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 6,919.76 18,372.22
17 Other comprehensive income net of taxes 2,829.98 (192.56)
18 Total Comprehensive Income for the period 9,749.74 18,179.66
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 7,095.16 13,640.22
Total profit or loss, attributable to non-controlling interests (175.40) 4,732.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 9,998.76 14,481.58
Total comprehensive income for the period attributable to owners of parent non-controlling interests (249.02) 3,698.08
21 Details of equity share capital
Paid-up equity share capital 7,759.91 7,759.91
Face value of equity share capital 1 1
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.91 2.83
Diluted earnings (loss) per share from continuing operations 0.91 2.81
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 0.91 2.83
Diluted earnings (loss) per share from continuing and discontinued operations 0.91 2.81
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) Notes to Consolidated Unaudited Statement of Financial Results for the quarter and nine months ended December 31, 2025 1. The consolidated unaudited statement of financial results for the quarter and nine months ended December 31, 2025, have been reviewed by Audit Committee and approved by Board of Directors at its meeting held on January 27, 2026. The Statutory Auditors of the Company have carried out limited review on the above results in terms of Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015 ('the Regulation'), as amended and expressed an unmodified conclusion. 2. The consolidated unaudited statement of financial results of the Parent Company and its subsidiaries (“Group”) have been prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard 34 'Interim Financial Reporting', prescribed under Section 133 of the Companies Act, 2013 read with relevant rules issued thereunder and other recognised accounting principles generally accepted in India and in terms of the Regulation. 3. During the quarter and nine months ended December 31, 2025, the Parent Company has allotted 4,90,999 and 1,33,34,999 fully paid-up equity shares of face value Re 1 each (“Equity Shares”) respectively on exercise of stock options by employees in accordance with the Company's stock option scheme. 4. On July 26, 2023, the Company and Mr. Namit Malhotra (one of the promoters of the Company) filed a suit before the Honorable High Court of Bombay, against Reliance Alpha Services Private Limited (“RASPL”) and others, inter alia with respect to: (a) the notices received from RASPL demanding a sum of Rs 35,379.75 Lakhs and to invoke the personal guarantee issued by Mr. Namit Malhotra in the event of non-payment by the Company; and (b) the non-completion and breach of the business transfer agreement dated November 19, 2014 by Reliance Mediaworks Limited and Reliance Land Private Limited, pursuant to which, the aforesaid loan agreement of February 25, 2019 was executed. The matter is yet to be listed. Further on August 29, 2023, the Company has received a notice that a petition has been filed before National Company Law Tribunal, Mumbai Bench (“NCLT”), Mumbai by RASPL to initiate corporate insolvency resolution process under the Insolvency and Bankruptcy Code, 2016 (as amended) with respect to alleged breach of the loan agreement of February 25, 2019, by the Company and demanding a sum of Rs 35,379.75 Lakhs. The matter is currently sub judice with NCLT, Mumbai and remained status quo as on December 31, 2025. 5. Exchange (loss) / gain (net) includes unrealized exchange gain / (loss) on restatement of foreign exchange debt at the respective period end closing exchange rate: in Rs lakhs Particulars Quarter ended Nine months ended 31.12.2025 30.09.2025 31.12.2024 31.12.2025 31.12.2024 Unrealized exchange 241.07 (5,090.07) (16,840.57) 9,783.00 (1,887.67) gain/ (loss) Year ended 31.03.2025 4,813.62 6. During the quarter and year ended March 31, 2025, the Group acquired Metaphysic Inc. for a total consideration of USD 130 million (Rs 111,100.30 lakhs), settled through issuance of shares of a subsidiary. The excess consideration over the fair value of identifiable net assets acquired, amounting to Rs 96,942.67 lakhs was recognised as goodwill, and the purchase price allocation determined on a provisional basis. During the quarter and nine months ended December 31, 2025, the Group has finalised the purchase price allocation related to business combination based on additional information obtained about facts and circumstances that existed at the acquisition date, identified within the measurement period in accordance with Indian Accounting Standard 103 ‘Business Combinations’. As a result, additional goodwill has been recognised amounting to Rs 6,399.09 lakhs. 7. Effective November 21, 2025, the Government of India consolidated 29 existing labour regulations into four Labour codes, namely, The Code on Wages, 2019, The Industrial Relations Code, 2020, The Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020, collectively referred to as the 'New Labour Codes'. The New Labour Codes has resulted in material increase in provision for employee benefits on account of recognition of past service costs. Based on the requirements of New Labour Codes and relevant Accounting Standard, the Group has assessed and accounted the estimated incremental impact of Rs 1,851.84 lakhs as Exceptional Item in the consolidated statement of profit and loss for the quarter and nine months ended December 31, 2025. Upon notification of the related Rules to the New Labour Codes by the Government and any further clarification from the Government on other aspects of the New Labour Codes, the Group will evaluate and account for additional impact if any, in subsequent periods. 8. During the year and quarter ended March 31, 2025, the group had carried out impairment assessment and recorded Rs 17,574.77 Lakhs for impairment of intangible assets that was decommissioned and Rs 20,442.94 Lakhs for impairment of financial assets. These were recorded as exceptional items in the consolidated audited financial results for the quarter and year ended March 31, 2025. 9. Operating segments are reported in a manner consistent with internal reporting provided to the Chief Operating Decision Maker (“CODM”) (i.e., the Board of Directors) of the Group. The CODM is responsible for allocating resources and assessing performances of the operating segments of the Group. The Group is mainly engaged in operating as integrated post-production setup. The CODM decides on allocation of the resources to the business taking a holistic view of the entire setup and hence it is considered as representing a single operating segment as per IND AS 108 “Segment Reporting”. 10.The above consolidated unaudited statement of financial results of the Group are available on the Company's and stock exchanges websites (www.primefocus.com), BSE (www.bseindia.com) and NSE (www.nseindia.com), where the shares of the Company are listed. Place: Mumbai Date: January 27, 2026 For and on behalf of the Board of Directors Naresh Malhotra DIN 00004597 Chairman and Whole-time Director



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss (28.84) (28.84)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss (2,801.14) 221.40
5 Total Other comprehensive income 2,829.98 (192.56)