Bodhi Tree Multimedia Limited (BTML)
₹6.90 +0.00% last close, 16 Oct
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Bodhi Tree's revenue was ₹35.0 Cr (-13.1% year on year, -10.4% on the previous quarter), and net profit ₹2.1 Cr (+11.2% year on year); the operating margin was 13.8%.
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹35.0 | -13.1% | -10.4% |
| Operating profit | ₹4.8 | +2.1% | +18.9% |
| Net profit | ₹2.1 | +11.2% | -11.1% |
| EPS (₹) | 0.10 | -16.7% | +25.0% |
| Operating margin | 13.8% | — | — |
BTML delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 91.14% of the BTML shares traded on NSE were taken to delivery, against the stock's own 20-session average of 74.97%. That is higher than usual for this stock. Turnover was only ₹12 lakh, so a handful of trades can move this figure. Volume was 0.4 times its average, well below normal.
Delivery in the last 5 sessions: 82.5% · 68.5% · 72.2% · 72.2% · 91.1%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Bodhi Tree Multimedia Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the period ended September 30, 2026. The certificate, issued by Registrar and Share Transfer Agent Bigshare Services Private Limited on October 10, 2026, confirms that share certificates received for dematerialization were processed, mutilated, and cancelled within 15 days of receipt. The depositories have been updated in the register of members accordingly. This represents a regular procedural compliance filing with no impact on business operations or financials.
- Compliance certificate submitted for the quarter ended September 30, 2026
- Issued under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
- RTA Bigshare Services confirmed dematerialization processing within 15 days of receipt
- RTA certificate dated October 10, 2026, and submitted to exchanges on October 13, 2026
Bodhi Tree Multimedia Limited has issued an Extraordinary General Meeting (EGM) notice for October 28, 2026, seeking shareholder approval to raise up to Rs 200 crore via Qualified Institutions Placement (QIP). The proposed fundraise is substantial, representing approximately 122% of the company's current market capitalization of Rs 164 crore and nearly 1.7x its TTM revenue of Rs 116 crore. The proceeds may be raised through equity shares, non-convertible debt with warrants, or convertible securities. With promoter holding already relatively low at 24.27%, an issuance of this scale would cause significant equity dilution if fully utilized.
- Proposed capital raise of an aggregate amount not exceeding Rs 200 crore via QIP
- Fundraise represents ~122% of current market capitalization of Rs 164 crore
- EGM scheduled for Wednesday, October 28, 2026, at 04:00 PM IST via video conferencing
- Instruments to include equity shares (face value Rs 1), NCDs with warrants, or convertible securities
Bodhi Tree Multimedia Limited (BTML) disclosed the voting results and Scrutinizer's Report for its 13th Annual General Meeting held on September 30, 2026. Shareholders approved all four resolutions with a 99.99% majority of votes polled. Key approvals include the adoption of FY26 financial statements, the re-appointment of Director Sukesh Devdas Motwani, an enhancement in overall borrowing limits, and material related party transactions. A total of 44,342,216 votes were cast across 57 members in favor, against 3,092 dissenting votes.
- All 4 AGM resolutions passed with 99.9930% approval of total votes polled
- Special resolution passed to enhance overall borrowing limits of the company
- Shareholders approved material Related Party Transaction(s)
- Total votes polled stood at 44,342,216 out of 181,697,777 total outstanding shares (24.4044% turnout)
- Re-appointment of Director Sukesh Devdas Motwani approved
Bodhi Tree Multimedia Limited held its 13th Annual General Meeting on September 30, 2026, via video conferencing. Shareholders voted on four resolutions, including the adoption of FY26 financial statements and director re-appointment. Key special business items included approving an enhancement in overall borrowing limits and material related-party transactions, though specific monetary limits were not disclosed in the summary proceedings. Final voting results will be submitted separately.
- 13th AGM conducted on September 30, 2026, starting at 10:30 AM and concluding at 10:55 AM
- Remote e-voting was held from September 26, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
- Special business tabled: Enhancement of overall borrowing limits (amount not disclosed)
- Special business tabled: Approval of material related party transactions
- Ordinary business: Re-appointment of director Sukesh Devdas Motwani retiring by rotation
Bodhi Tree Multimedia Limited's Board has approved an enabling resolution to raise up to ₹200 crore via Qualified Institutions Placement (QIP) of eligible securities. This proposed fundraise is massive relative to the company's size, representing ~132% of its current market capitalization of ₹151 crore and ~230% of its TTM revenue of ₹87 crore. The resolution is enabling in nature to initiate preparatory activities and is subject to shareholder approval at an upcoming Extraordinary General Meeting (EGM). Specific issue terms, pricing, dilution levels, and exact fund deployment details are yet to be finalized.
- Approved raising aggregate funds up to ₹200 Crores via Qualified Institutions Placement (QIP)
- Proposed securities include equity shares, non-convertible debt with warrants, and convertible securities
- Approval is enabling in nature to allow appointment of merchant bankers and advisors
- Extra-Ordinary General Meeting (EGM) to be convened via VC/OAVM to seek shareholder approval
Bodhi Tree Multimedia Limited (BTML) has announced the resignation of Mrs. Nirali Dishant Shah from the role of Company Secretary, Compliance Officer, and Key Managerial Personnel. The resignation will take effect from the close of business hours on October 01, 2026. The company stated there are no material reasons for her resignation other than personal reasons mentioned in her letter. This is a routine administrative managerial change with no direct impact on the company's financial operations.
- Resignation of Company Secretary and Compliance Officer Mrs. Nirali Dishant Shah approved by the Board on 09.09.2026
- Resignation is effective from the close of business hours on October 01, 2026
- No material reasons cited other than those stated in the resignation letter
Bodhi Tree Multimedia Limited (BTML) has issued a notice for its 13th Annual General Meeting scheduled for September 30, 2026. The company is seeking shareholder approval to increase its borrowing limit under Section 180(1)(c) up to ₹200 crore, significantly above its current debt of ₹35 crore and net worth of ₹81 crore. In addition, BTML proposes approval for material related party transactions totaling ₹38.25 crore in loans and project advances for FY 2026-27, representing ~44% of its TTM revenue (₹87 crore). Ordinary business includes the adoption of FY26 financial statements and director reappointment.
- 13th AGM scheduled for September 30, 2026, at 10:30 AM via video conferencing
- Special resolution to expand borrowing limits up to ₹200 crore under Section 180(1)(c)
- Approval sought for ₹38.25 crore aggregate related party loans/advances for FY27 across 5 entities
- Key related party allocations include ₹15.00 crore to Moving Image Studio and ₹10.00 crore to Mad Lab Alpha
Bodhi Tree Multimedia Limited has announced the closure of its Register of Members and Share Transfer Books from September 24, 2026, to September 30, 2026 (both days inclusive). The book closure is scheduled for the purpose of the upcoming Annual General Meeting (AGM) to be held on September 30, 2026. This is a standard annual procedural compliance disclosure pursuant to Regulation 42 of SEBI LODR Regulations.
- Book closure period set from September 24, 2026, to September 30, 2026 (both days inclusive)
- Annual General Meeting (AGM) scheduled for September 30, 2026
- Filing submitted under Regulation 42 of SEBI LODR Regulations
Bodhi Tree Multimedia Limited has scheduled its 13th Annual General Meeting for September 30, 2026. The Board approved seeking shareholder approval to enhance the company's borrowing limits under Section 180(1)(c) up to ₹200 Crore (compared to existing debt of ₹35 Crore and net worth of ₹81 Crore). Additionally, the Board recommended ordinary resolutions for material related party transactions and approved the FY26 Annual Report.
- Proposed enhancement of borrowing powers up to ₹200 Crores subject to shareholder approval
- 13th AGM scheduled for September 30, 2026 via Video Conferencing
- Share transfer books and register closed from September 24 to September 30, 2026
- Cut-off date for e-voting fixed as September 23, 2026; e-voting open September 26-29, 2026
- Recommended ordinary resolution for material Related Party Transactions
Bodhi Tree Multimedia (BTML) reported strong Q1FY27 results with total income rising 71.54% YoY to ₹31.58 Cr and EBITDA surging 160.6% to ₹4.07 Cr. The company is aggressively pivoting from a service-based production model to an IP-ownership model, targeting a 50% IP mix within three years. Strategic milestones include securing a mandate from the Government of Assam for a digital platform and completing the acquisition of a 50.01% stake in Moving Images. Despite high revenue growth, PAT margins remain thin at 2.48%, though management targets a 10% PAT margin long-term.
- Q1FY27 Total Income reached ₹31.58 Cr, a 71.54% increase compared to ₹18.41 Cr in Q1FY26.
- EBITDA margins expanded by 440 bps YoY to 12.88%, resulting in an EBITDA of ₹4.07 Cr.
- Management announced a 3-year target to reach ₹250 Cr in revenue and ₹25 Cr in PAT.
- Completed strategic acquisitions including a 50.01% stake in Moving Images and a 20% stake in Lehren Networks.
- Secured a mandate from the Government of Assam to build and manage the state's official digital content platform.
Bodhi Tree Multimedia (BTML) reported a strong start to FY27 with consolidated total income rising 71.54% YoY to ₹31.58 crore. EBITDA grew significantly by 160.6% to ₹4.07 crore, reflecting operating leverage as the company scales its IP-led content model. However, Profit After Tax (PAT) remained modest at ₹0.78 crore with a 2.48% margin, primarily due to timing differences where production costs for new shows were recognized ahead of revenue. Strategically, the company secured new mandates from the Governments of Assam and Tripura for digital platform management and infrastructure.
- Consolidated total income reached ₹31.58 crore in Q1 FY27, a 71.54% increase over ₹18.41 crore in Q1 FY26.
- EBITDA surged 160.6% YoY to ₹4.07 crore, with EBITDA margins expanding by 440 bps to 12.88%.
- Produced over 50 hours of original content during the quarter with 5 key titles currently in various production stages.
- Secured a strategic mandate from the Government of Assam to develop and manage the state's official digital content platform.
- Signed an MoU with the Government of Tripura to build digital media and creator economy infrastructure.
Bodhi Tree Multimedia Limited (BTML) has submitted its quarterly statement under Regulation 32 of SEBI LODR for the period ended June 30, 2026. The company confirmed that there has been no deviation or variation in the utilization of funds raised through its Preferential Issue. This filing is a routine compliance requirement to ensure that capital raised is being used for the purposes originally stated to shareholders. No specific financial figures regarding the total amount raised were provided in this specific disclosure.
- Zero deviation or variation reported in the use of proceeds from the Preferential Issue
- Compliance filing pertains to the quarter ended June 30, 2026
- Statement submitted in accordance with Regulation 32 of SEBI (LODR) Regulations, 2015
- Confirmation provided by Managing Director Mautik Ajit Tolia
Bodhi Tree Multimedia Limited (BTML) reported a strong 66.1% YoY increase in consolidated revenue to Rs 30.10 Cr for the quarter ended June 30, 2026. Consolidated Net Profit grew 66% YoY to Rs 0.78 Cr, up from Rs 0.47 Cr in the previous year's corresponding quarter. However, performance showed a sequential decline compared to Q4 FY26 revenue of Rs 34.96 Cr. The results reflect the impact of the Moving Image Studios acquisition, though net margins remain thin at approximately 2.6%.
- Consolidated Revenue from operations rose to Rs 30.10 Cr from Rs 18.12 Cr in Q1 FY26, a 66.1% increase.
- Consolidated Net Profit attributable to owners stood at Rs 0.63 Cr, while total consolidated PAT was Rs 0.78 Cr.
- Finance costs increased significantly to Rs 1.34 Cr from Rs 0.87 Cr YoY, impacting bottom-line growth.
- The company is still in the process of finalizing the Purchase Price Allocation (PPA) for its Rs 7.00 Cr acquisition of Moving Image Studios.
- Standalone revenue remained relatively flat at Rs 8.06 Cr compared to Rs 7.77 Cr in the year-ago period.
Bodhi Tree Multimedia (BTML) reported a strong 66% YoY increase in consolidated revenue to ₹30.10 Cr for Q1 FY27, up from ₹18.12 Cr in Q1 FY26. Consolidated Net Profit attributable to owners grew 46% YoY to ₹0.63 Cr, though it saw a sequential decline from ₹1.87 Cr in Q4 FY26. The results reflect the integration of Moving Image Studios, which was acquired for ₹7.00 Cr in late 2025. However, margins remain tight as the cost of production consumed 88% of operational revenue.
- Consolidated revenue from operations surged 66% YoY to ₹30.10 Cr.
- Net Profit attributable to owners increased to ₹0.63 Cr from ₹0.43 Cr in the year-ago quarter.
- Finance costs rose 54% YoY to ₹1.34 Cr, reflecting increased leverage or interest expenses.
- Cost of production stood at ₹26.50 Cr, representing a high 88% of revenue from operations.
- The company is still finalizing the Purchase Price Allocation (PPA) for its ₹7.00 Cr acquisition of Moving Image Studios.
Bodhi Tree Multimedia Limited (BTML) has signed a Strategic Memorandum of Understanding (MoU) with the Government of Tripura on July 14, 2026. The partnership focuses on developing the state's digital media infrastructure, creator economy, and AI-enabled engagement platforms. This aligns with BTML's strategy to transition from a production-only model to an IP ownership and technology-led ecosystem. While the partnership is strategic, the document does not disclose specific financial values or contract durations.
- Signed a Strategic MoU with the Government of Tripura on July 14, 2026, to accelerate the state's digital economy.
- Partnership covers AI-enabled digital media infrastructure, creator ecosystem development, and media intelligence solutions.
- BTML aims to leverage this as a scalable framework for future collaborations with other state governments.
- Company currently operates with a TTM revenue of Rs 87 Cr and a PAT of Rs 6 Cr.
- The initiative supports BTML's goal of achieving a 10% PAT margin through digital-first content monetization.
Financial Performance
Revenue Growth by Segment
The company reported a 30% YoY growth in total income for H1 FY26, reaching INR 42.8 Cr compared to INR 32.83 Cr in H1 FY25. Q2 FY26 revenue grew 65% YoY to INR 24.4 Cr from INR 14.82 Cr. Growth is driven by the shift from commissioned production to IP ownership and digital monetization.
Geographic Revenue Split
BTML targets both domestic and global markets through its original TV and OTT projects. Specific percentage splits per region are not disclosed in available documents.
Profitability Margins
Net profit for H1 FY26 stood at INR 3.53 Cr, a 185% increase from INR 1.24 Cr in H1 FY25. Q2 FY26 net profit grew 36% to INR 3.05 Cr. The company is targeting a 10% PAT margin within the next three years as it scales its IP business.
EBITDA Margin
EBITDA for H1 FY26 grew 149% YoY to INR 6.47 Cr, up from INR 2.62 Cr. Q2 FY26 EBITDA rose 53% to INR 4.91 Cr. The margin expansion is attributed to operating leverage and an improved quality of the content pipeline.
Capital Expenditure
BTML utilizes a Special Purpose Vehicle (SPV) structure with Amit Khan Content Hub (AKCH) to lead financing and operations. Specific historical or planned CapEx in INR Cr is not disclosed.
Credit Rating & Borrowing
The company has sanctioned working capital limits in excess of INR 5 Cr from banks. Specific credit ratings and interest rate percentages are not disclosed.
Operational Drivers
Raw Materials
Creative talent (writers, directors, sound engineers, editors) and intellectual property rights represent the primary 'raw materials', accounting for the bulk of production costs.
Import Sources
Content development is primarily sourced from India, leveraging domestic creative professionals and storytellers.
Key Suppliers
Amit Khan Content Hub (AKCH) is a primary strategic partner for creative development and storytelling.
Capacity Expansion
BTML is expanding its capacity by building multiple 'creator studios' to achieve economies of scale and better margins through shared resources and vendor deals.
Raw Material Costs
Production and content costs are managed through an SPV structure where BTML leads financing. The company is shifting from a high-cost commissioned model to a high-margin IP ownership model.
Manufacturing Efficiency
Efficiency is driven by 'economies of scale' in the commissioned business, using shared resources across multiple creator studios to mitigate low margins.
Logistics & Distribution
Distribution is handled through the 'BodhiTree Ventures' arm, focusing on digital monetization across YouTube, OTT, and FAST platforms.
Strategic Growth
Expected Growth Rate
30%
Growth Strategy
BTML is transitioning from a production-only model to an IP ownership model. It is scaling digital revenue through 'BodhiTree Ventures', its monetization arm, and forming strategic alliances like the Jio-Star partnership. The company uses an SPV structure with AKCH to combine financing strength with creative reach, targeting a dominant position in the media industry within three years.
Products & Services
Original TV shows, OTT projects, digital IP for YouTube, Podcasts, and FAST (Free Ad-supported Streaming TV) platforms, and content syndication services.
Brand Portfolio
Bodhi Tree Multimedia, BodhiTree Ventures, and Amit Khan Content Hub (AKCH) partnership projects.
New Products/Services
Expansion into FAST platforms and global OTT projects is expected to contribute significantly to the 10% PAT margin target.
Market Expansion
Targeting regional and global markets through strategic partnerships and digital-first content monetization.
Strategic Alliances
Collaboration with Amit Khan Content Hub (AKCH) and strategic partnerships with Jio-Star to unlock regional markets.
External Factors
Industry Trends
The industry is shifting from 'production' to 'ownership'. India's content boom is moving toward digital-first monetization (YouTube, FAST), and BTML is positioning itself as an IP owner to capture higher margins.
Competitive Landscape
The market is moving away from small, traditional production companies toward scaled entities that can leverage shared resources and technology.
Competitive Moat
The moat is built on 'creator empowerment' and a library of owned IP. By controlling the IP rather than just producing for a fee, the company creates sustainable, long-term revenue streams through syndication and sponsorships.
Macro Economic Sensitivity
Sensitive to changes in the Indian media and entertainment landscape and shifts in consumer demand for digital content.
Consumer Behavior
Shift toward digital consumption on OTT and YouTube is driving the company's strategic pivot to digital-first monetization.
Geopolitical Risks
Changes in political and economic environments in India and tax laws are cited as factors that could affect operations.
Regulatory & Governance
Industry Regulations
Compliance with SEBI (Listing Obligations & Disclosure Requirements) and the Companies Act, 2013. Operations are subject to government actions and local political developments.
Taxation Policy Impact
Subject to Indian corporate tax laws; changes in tax laws are noted as a forward-looking risk.
Legal Contingencies
INR 0. The company states it does not have any pending litigations that would impact its financial position.
Risk Analysis
Key Uncertainties
Technological risks and the possibility of internal financial control failures (collusion or management override) could impact financial reporting accuracy.
Geographic Concentration Risk
Primarily concentrated in the Indian market, though expanding globally.
Third Party Dependencies
High dependency on creative partners like AKCH and platforms like Jio-Star for distribution and monetization.
Technology Obsolescence Risk
The company is mitigating technology risks by adopting tech-enabled analytics and rights management systems.
Credit & Counterparty Risk
The company maintains internal controls to ensure the reliability of financial reporting and the safeguarding of assets.
