IDream Film Infrastructure Company Ltd (504375)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, IDream Film's revenue was ₹5.0 Cr, and net profit ₹1.5 Cr (against a loss a year earlier); the operating margin was 40.0%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹5.0 | — | — |
| Operating profit | ₹2.0 | from loss | from loss |
| Net profit | ₹1.5 | from loss | from loss |
| EPS (₹) | 0.12 | from loss | from loss |
| Operating margin | 40.0% | — | — |
📢 Recent Corporate Announcements
IDream Film Infrastructure Company Ltd announced that its shareholders approved the appointment of M/s. Ruchita Patel & Associates as Secretarial Auditor at the AGM held on September 29, 2026. The appointment spans a 5-year tenure covering FY 2026-27 to FY 2030-31. The Scrutinizer report confirming the approval was dated September 30, 2026, and received on October 1, 2026. This is a routine statutory compliance update with no financial impact.
- Appointment of M/s. Ruchita Patel & Associates as Secretarial Auditor approved by shareholders
- Term spans 5 consecutive financial years from FY 2026-27 through FY 2030-31
- Shareholder approval granted at the Annual General Meeting held on September 29, 2026
- Scrutinizer report dated September 30, 2026, confirmed the voting outcome on October 1, 2026
IDream Film Infrastructure Company Ltd has announced the approval of amendments to its Memorandum of Association (MOA) and Articles of Association (AOA) by its members at the AGM held on September 29, 2026. The approval was confirmed via the Scrutinizer report received on October 1, 2026. The changes alter the Object Clause to incorporate revised business objects and align the MOA and AOA with the Companies Act, 2013.
- Shareholders approved the alteration of the Object Clause and adoption of new MOA & AOA at the AGM held on 29th September, 2026
- Scrutinizer report dated 30th September, 2026 was received by the company on 1st October, 2026
- Amendments harmonize the company's constitution with the Companies Act, 2013, replacing the earlier 1956 framework
IDream Film Infrastructure Company Limited announced that its shareholders approved the appointment and regularization of 5 directors at the AGM held on September 29, 2026. This includes the regularization of 3 Non-Executive, Non-Independent Directors (Mr. Baljit Singh, Ms. Honey Singh, and Ms. Upveen Harpal) and the appointment of 2 Independent Directors (Mr. Ross William Brierty and Ms. Prerana S Bokil) for a 5-year term ending June 23, 2031. Notably, Mr. Baljit Singh and Ms. Honey Singh have a disclosed father-daughter relationship. The appointments come as the company reported a rebound in June 2026 revenue of Rs 5.03 crore after multiple quarters of near-zero revenue.
- Shareholders approved the appointment and regularization of 5 directors at the AGM held on 29th September, 2026
- Independent Directors Mr. Ross William Brierty and Ms. Prerana S Bokil appointed for a 5-year term from 24th June, 2026 to 23rd June, 2031
- 3 Non-Executive, Non-Independent directors regularized effective 29th September, 2026
- Disclosed family relationship: Ms. Honey Singh is the daughter of Mr. Baljit Singh
IDream Film Infrastructure Company Ltd has submitted its FY 2025-26 Annual Report, detailing a complete strategic transformation following the 100% equity acquisition of Seoul-based biometric security firm eTunnel Inc. The company has overhauled its leadership, appointing Ross William Brierty as Chairman, Yungkug Kim as CEO, and Jaswinder Singh as CFO. Former Managing Director Kalpana Morakhia and previous board members stepped down on 24th June 2026. The 45th Annual General Meeting is scheduled for 29th September 2026.
- Completed 100% equity acquisition of eTunnel Inc., a Seoul-headquartered biometric firm with 25 personnel
- New management overhaul: Yungkug Kim appointed CEO and Jaswinder Singh appointed CFO w.e.f. 1st July 2026
- Board restructuring: Ross William Brierty appointed Chairman / Independent Director, while previous MD Kalpana Morakhia stepped down on 24th June 2026
- Statutory auditor Kanu Doshi Associates LLP resigned on 13th August 2026; D.C. Parikh & Co. proposed for appointment
- 45th Annual General Meeting to be held on 29th September 2026 via VC/OAVM
IDream Film Infrastructure Company Limited announced that its statutory auditor, M/s. Kanu Doshi Associates LLP, Chartered Accountants, has resigned effective August 13, 2026. This comes after the company reported Q1 FY27 (Jun 2026) revenue of ₹5.03 crore and net profit of ₹1.47 crore, following an extended period of near-zero revenues. The company has a negative net worth of ₹-7 crore and outstanding debt of ₹7 crore. Investors will need to review the specific reasons disclosed in the resignation letter and await the appointment of a replacement auditor.
- M/s. Kanu Doshi Associates LLP resigned as Statutory Auditor effective August 13, 2026
- Filing made under Regulation 30 read with SEBI circular dated January 30, 2026
- Company recently reported Jun 2026 quarterly revenue of ₹5.03 crore versus ₹0.01 crore in FY26 annual revenue
IDream Film Infrastructure has approved the incorporation of a 100% wholly owned subsidiary focused on Information Technology and Finger Vein Biometric Technology. The company plans an initial cash investment of approximately Rs 1.00 crore, which represents 20% of its TTM revenue of Rs 5 crore. The incorporation is expected to be completed within one month, subject to regulatory approvals. This move marks a strategic pivot into specialized digital security solutions for the company.
- Initial investment of approximately Rs 1.00 crore in the new subsidiary
- 100% ownership of the proposed entity focused on Finger Vein Biometric Technology
- Expected completion of incorporation within 1 month
- Investment represents 20% of the company's TTM revenue of Rs 5 crore
- Subsidiary to operate in both India and international markets
IDream Film Infrastructure (formerly SoftBPO Global Services) reported a consolidated net profit of Rs 1.47 Cr for Q1 FY27, primarily driven by a Rs 2.50 Cr gain on the disposal of a subsidiary. The company completed a massive acquisition of 100% of E-Tunnel Inc. (South Korea) on May 21, 2026, via a share swap. This transaction involved issuing 26.64 Cr new equity shares, expanding the company's paid-up equity capital from Rs 5 Cr to Rs 271.55 Cr. Despite the capital expansion, operating revenue remains negligible at just Rs 1.70 Lakhs for the quarter.
- Completed 100% acquisition of E-Tunnel Inc. (South Korea) on May 21, 2026, via a share swap ratio of 121:1.
- Issued 26,64,03,280 equity shares for the acquisition, increasing equity capital by over 5,300%.
- Reported a consolidated net profit of Rs 1.47 Cr, aided by a one-time gain of Rs 2.50 Cr from subsidiary disposal.
- Allotted 40,00,000 equity shares at Rs 10 each to Northvale Capital Partners, Singapore, for cash.
- Consolidated revenue for the quarter stood at a minimal Rs 1.70 Lakhs.
IDream Film Infrastructure Company Ltd has scheduled a board meeting for August 13, 2026, to approve its unaudited financial results for the quarter ended June 30, 2026. The company is a micro-cap with a market capitalization of only ‑9 Cr and reported a negligible revenue of ‑0.01 Cr in FY26. With a negative net worth of ‑7 Cr and debt of ‑7 Cr, the company's financial position remains highly stressed despite a 310.1% stock price return over the last 12 months. Investors should watch for any signs of operational activity, as TTM revenue is effectively zero.
- Board meeting scheduled for August 13, 2026, to review Q1 FY27 results.
- Company reported a minimal revenue of ‑0.01 Cr for the full year FY26.
- Net worth stands at a negative ‑7 Cr as per latest financial context.
- Promoter holding recently increased from 60.0% to 73.72% as of June 2026.
- Stock has delivered a 310.1% return over the past year despite negative EPS of ‑14.66.
IDream Film Infrastructure has received a revised trading approval from BSE for 40,00,000 equity shares issued to promoters on a preferential basis. These shares, issued at a par value of Rs 10 each, represent a capital infusion of Rs 4 crore. This is highly material for the company, which has a market capitalization of only Rs 10 crore and a negative net worth of Rs -7 crore. The approval follows an earlier intimation from July 17, 2026, and allows these shares to be officially traded on the exchange.
- BSE granted trading approval for 40,00,000 equity shares issued to promoters.
- Shares were issued at a par value of Rs 10 each, totaling Rs 4 crore.
- The issuance represents approximately 40% of the company's Rs 10 crore market capitalization.
- Promoter holding increased to 73.72% as of June 2026 following this preferential allotment.
IDream Film Infrastructure has received trading approval from BSE for a massive issuance of 27.04 crore equity shares. This includes 26.64 crore shares issued via a share swap to promoters and non-promoters, and 40 lakh shares issued to promoters upon warrant conversion. All shares carry a face value of Rs 10. This represents a significant expansion of the company's equity base following a 323% price return over the last 12 months.
- Trading approval granted for 26,64,03,280 equity shares issued via share swap
- Trading approval granted for 40,00,000 equity shares issued via promoter warrant conversion
- All new shares issued at a face value of Rs 10 per share
- Total of 27,04,03,280 new shares entering the tradable pool on BSE
- Approval letters from BSE are dated July 17, 2026
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