Mumbai : Bodhi Tree Multimedia Ltd. (BSE: BTML; NSE: INE0EEJ01023), a premier Indian production house and multi-genre content company with a strong presence across television, OTT, digital and FAST platforms, announced its financial results for the quarter ended on March 31, 2026.
With a legacy of over 5,000+ hours of programming across 100+ shows, the Company is steadily transitioning from commissioned production to an IP-led, multi-platform content ecosystem, focused on long-term value creation through ownership, monetisation and scalable franchises.
Financial Highlights (Consolidated Figures)
| Particulars (₹ Crore) | FY26 | FY25 | YoY% |
| Total Income | 118.45 | 89.76 | 31.96% |
| EBITDA | 17.10 | 9.69 | 76.47% |
| EBITDA Margin (%) | 14.44% | 10.80% | |
| Profit After Tax | 7.95 | 4.92 | 61.59% |
| PAT Margin (%) | 6.71% | 5.48% |
Key Financial Highlights – FY26
- Consolidated total income stood at ₹ 118.45 crore for FY26 (up 31.96% YoY).
- EBITDA was reported at ₹17.10 crore for FY26 (up 76.47% YoY).
- Profit after tax stood at ₹7.95 crore for FY26 (up 61.59%).
- Performance was driven by higher scale, increased project throughput and a broader content pipeline across formats and platforms.
Key Business and Strategic Updates:
- Key Operational Updates
- Produced ~200 hours of original content across television, OTT and digital platforms during the quarter.
- Produced 5 key title shows for leading broadcasters and platforms including JioStar, Zee, Dangal and Shemaroo during the quarter.
2. Key Strategic Updates
- Acquired 20% stake in Lehren Networks to leverage one of India’s largest vintage film-content libraries and strengthen digital monetisation via YouTube CMS.
- Completed acquisition of 50.01% stake in Moving Image Studios Pvt. Ltd. to strengthen unscripted content production & in-house IP creation.
Key Industry and Regulatory Updates:
- M&E Growth: India’s M&E market is set to grow from ~USD 32Bn (2025) to ~USD 38Bn by 2028, with OTT alone reaching
~USD 24Bn by 2030.
- Digital Scale: India had 975Mn+ OTT viewers and 216Mn+ paid subscribers in 2025, with connected TV households projected to hit 191Mn by 2028.
- Monetisation: Revenue is diversifying via AVOD, FAST channels, and digital platforms, with regional content driving
~56% of paid OTT viewership.
- Local Content: Demand for Indian originals and cross-language remakes is rising sharply across crime, mythology, and youth genres.
- IP Opportunity: Less than 1% of Indian content IP is independently owned – creating significant headroom for IP-led models to drive margins and recurring revenues.
Commenting on the results, Mr. Mautik Tolia, Managing Director & CEO, said: “FY26 has been a year of strong forward movement for Bodhi Tree as we continue to shape a more scalable and future ready content business. Our consolidated income grew 32% to ₹118.45 crore, PAT rose 62% to ₹7.95 crore, and EBITDA margins expanded meaningfully; reflecting the operating leverage we are beginning to build as we scale.
India’s M&E market is on a strong growth trajectory, projected to reach ~USD 38Bn by 2028. With over 975 million OTT viewers and regional content driving more than half of paid viewership, the demand environment for quality Indian IP has never been stronger; and that is precisely the space we are building into. Our focus remains on disciplined IP-led content creation — developing stories that are designed to travel across formats, platforms and markets.
We remain mindful that an IP-led approach comes with longer monetisation cycles and requires continued investment. However, it also enables us to participate more meaningfully in the full lifecycle of content and build a portfolio of assets that compound in value over time. Our investments in technology and AI-led initiatives are strengthening this model — improving decision-making, accelerating turnarounds and making us more deliberate about the stories we choose to build and own. The acquisitions of Lehren Networks and Moving Image Studios further solidify this foundation, and FY26 gives us confidence we are on the right path.”
