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PNC - Prit Nandy Comm.

📊 NSE: PNC 🏢 Entertainment / Electronic Media Software 📅 Last Updated: 12/14/2025 11:17

📢 Recent Corporate Announcements

Pritish Nandy Communications Settles Litigation for Rs 2.55 Crore

🟢 POSITIVE ⭐ 7/10

LEGAL 📅 23 Apr 2026, 08:23 PM

Pritish Nandy Communications (PNC) has successfully settled a long-standing commercial dispute with Sanjay Gupta of White Feather Films. Under the consent terms approved by the Bombay High Court, PNC is set to receive a lump sum net amount of Rs 2.55 crore. This settlement resolves a claim originally valued at Rs 3.52 crore plus interest. The payment is expected within 60 days, which will provide a direct boost to the company's cash position and remove legal uncertainty.

Settlement reached with Sanjay Gupta (White Feather Films) for a lump sum of Rs 2.55 crore
The settlement amount is to be received by the company within a 60-day window
Original litigation involved a claim of Rs 3.52 crore plus interest
Bombay High Court disposed of the Commercial Appeal on April 21, 2026, following the consent terms
If the appellant fails to pay, the original litigation will resume, providing a safeguard for PNC

💡 Investors should view this as a positive liquidity event that resolves a prolonged legal overhang. Monitor the upcoming quarterly results to confirm the receipt of the Rs 2.55 crore settlement.

PNC Reconstitutes Board Committees; Appoints Independent Directors to Key Roles

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 23 Apr 2026, 06:12 PM

Pritish Nandy Communications (PNC) has announced the reconstitution of its primary board committees following a meeting on April 23, 2026. The changes involve the appointment of Non-executive Independent Directors Mr. Karan Ahluwalia and Mr. Sunil Alagh to various committees including Audit, CSR, and Nomination and Remuneration. These appointments were made effective from April 16, 2026, to ensure compliance with SEBI Listing Obligations and Disclosure Requirements (LODR). The move reflects the company's efforts to maintain corporate governance standards through independent oversight.

Reconstitution of 4 major committees: Audit, Nomination & Remuneration, Stakeholders' Relationship, and CSR
Mr. Karan Ahluwalia appointed as a member across all 4 reconstituted committees effective April 16, 2026
Mr. Sunil Alagh appointed to the Nomination and Remuneration Committee and as Chairman of the CSR Committee
The Audit Committee now consists of 3 members, all of whom are Non-executive Independent Directors
Board meeting commenced at 5:00 pm and concluded at 5:50 pm on April 23, 2026

💡 This is a routine regulatory update regarding corporate governance and committee structures. No immediate action is required as these changes do not impact the company's operational or financial fundamentals.

PNC Shareholders Approve Re-appointment of Independent Directors with 99.89% Majority

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 17 Apr 2026, 02:59 PM

Pritish Nandy Communications Limited (PNC) has successfully passed two special resolutions via postal ballot for the re-appointment of Independent Directors. Shareholders approved the second five-year terms for Mr. Sunil Kumar Alagh and Mr. Karan Ravi Ahluwalia, effective from April 6, 2026, to April 5, 2031. Both resolutions received overwhelming support, with over 99.89% of the 9,670,732 valid votes cast in favor. Notably, the reappointment of Mr. Alagh was approved despite him being 79 years old, ensuring board continuity.

Mr. Sunil Kumar Alagh re-appointed as Independent Director for a 5-year term with 99.8927% votes in favor.
Mr. Karan Ravi Ahluwalia re-appointed as Independent Director for a 5-year term with 99.8925% votes in favor.
A total of 9,670,732 valid votes were cast by 58 members during the remote e-voting process.
Special resolution passed for Mr. Alagh to continue in office beyond the age of 75 years.

💡 No immediate action is required as these are routine re-appointments ensuring governance stability. Investors should view this as a sign of board continuity and shareholder confidence in the current leadership.

PNC Clarifies Recent Stock Price Volatility; No Undisclosed Material Information

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 10 Apr 2026, 04:27 PM

Pritish Nandy Communications Limited (PNC) has responded to a clarification request from the National Stock Exchange regarding recent significant price movements in its shares. The company stated that the price fluctuations are purely market-driven and not linked to any undisclosed corporate developments. Management confirmed that all price-sensitive information under SEBI Regulation 30 has already been made public. This response is a standard regulatory procedure following unusual trading activity in the scrip to ensure market transparency.

NSE issued surveillance letter NSE/CM/Surveillance/16747 on April 9, 2026, seeking clarification on price movement.
Company attributes price movement entirely to market conditions and states management has no control over it.
Management confirms no undisclosed material events or price-sensitive information exist as of April 10, 2026.
PNC reaffirmed its commitment to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

💡 Since the company has denied any new fundamental developments, investors should be wary of speculative price action. Maintain a cautious approach and avoid chasing the stock without clear fundamental triggers.

PNC Submits SEBI Regulation 74(5) Compliance Certificate for Quarter Ended March 31, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 08 Apr 2026, 04:27 PM

Pritish Nandy Communications Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by the Registrar and Share Transfer Agent (RTA) MUFG Intime India Pvt. Ltd., confirms that securities received for dematerialization during the quarter ended March 31, 2026, were processed correctly. It further verifies that physical certificates were mutilated and cancelled, and the depositories' names were updated in the register of members within prescribed timelines. This is a standard procedural filing required for all listed companies in India.

Compliance certificate submitted for the quarter ended March 31, 2026.
Issued by RTA MUFG Intime India Private Limited (formerly Link Intime).
Confirms that dematerialized securities are listed on the relevant stock exchanges.
Confirms mutilation and cancellation of physical certificates after due verification.
Ensures adherence to SEBI (Depositories and Participants) Regulations, 2018.

💡 No action is required as this is a routine administrative filing. Investors should continue to monitor the company's upcoming financial performance for material impact.

PNC Clarifies Delay in Filing Q3 FY26 Results Due to Technical Portal Glitches

🟡 NEUTRAL ⭐ 3/10

REGULATORY 📅 25 Mar 2026, 06:13 PM

Pritish Nandy Communications (PNC) has responded to a clarification sought by the stock exchanges regarding the submission of financial results for the quarter ended December 31, 2025. The company explained that while the Board Meeting was held on February 12, 2026, technical errors on the NSE NEAPS portal prevented the timely digital upload of the results. The company has provided evidence of the portal error and confirmed that all necessary documents were submitted to ensure regulatory compliance. This is a procedural clarification and does not reflect on the company's financial health.

Clarification pertains to Regulation 33 of SEBI LODR for the quarter ended December 31, 2025.
The Board Meeting to approve the financial results was successfully held on February 12, 2026.
Company cited a technical portal error ('An exception has occurred') as the primary reason for the filing delay.
Submission includes BSE and NSE acknowledgments dated February 12 and March 25, 2026, to validate compliance efforts.

💡 This is a routine administrative matter regarding filing procedures. Investors should focus on the actual financial performance reported in the Q3 results rather than this technical filing clarification.

PNC Issues Postal Ballot for Re-appointment of Two Independent Directors for 5-Year Terms

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 16 Mar 2026, 05:11 PM

Pritish Nandy Communications (PNC) has initiated a postal ballot to seek shareholder approval for the re-appointment of two Independent Directors for second five-year terms. Mr. Sunil Kumar Alagh is proposed for re-appointment from April 6, 2026, to April 5, 2031, requiring a Special Resolution as he is 79 years old. Mr. Karan Ravi Ahluwalia is also proposed for a second five-year term ending in 2031 via an Ordinary Resolution. The remote e-voting period is scheduled from March 17, 2026, to April 16, 2026, with final results to be declared by April 19, 2026.

Proposed 5-year second term for Sunil Kumar Alagh and Karan Ravi Ahluwalia starting April 6, 2026.
Special Resolution required for Mr. Alagh to continue as an Independent Director at age 79.
Remote e-voting period set for 31 days between March 17 and April 16, 2026.
Cut-off date for shareholder eligibility to vote is March 13, 2026.
Final voting results to be communicated to stock exchanges by April 19, 2026.

💡 This is a routine governance matter aimed at maintaining board continuity. Shareholders should review the directors' credentials and participate in the e-voting process before the April 16 deadline.

PNC Re-appoints Independent Directors Sunil Kumar Alagh and Karan Ahluwalia for 5-Year Terms

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 13 Mar 2026, 09:23 PM

Pritish Nandy Communications (PNC) has approved the re-appointment of two Independent Directors, Mr. Sunil Kumar Alagh and Mr. Karan Ravi Ahluwalia, for second consecutive five-year terms. Both appointments are scheduled to commence on April 6, 2026, and run through April 5, 2031. As Mr. Alagh is 79 years old, his appointment requires a special resolution from shareholders in compliance with SEBI regulations. The company is conducting a postal ballot to seek member approval, with the e-voting results expected by April 19, 2026.

Re-appointment of Sunil Kumar Alagh and Karan Ravi Ahluwalia for 5-year terms starting April 6, 2026.
Special resolution required for Mr. Alagh's appointment as he has attained 79 years of age.
Postal ballot e-voting period scheduled from March 17, 2026, to April 16, 2026.
Mr. Alagh brings significant experience as the former Managing Director and CEO of Britannia Industries Limited.

💡 This is a routine governance matter focused on board continuity; investors should note the retention of experienced independent directors but no immediate trading action is required.

PNC Original Series Win Key Awards at Indian Telly Streaming Awards 2026

🟢 POSITIVE ⭐ 3/10

OTHER 📅 05 Mar 2026, 04:14 PM

Pritish Nandy Communications (PNC) has announced that two of its original web series, 'The Royals' (Netflix) and 'Ziddi Girls' (Amazon Prime Video), won honors at the 4th Indian Telly Streaming Awards 2026. Ishaan Khatter received the Editorial Choice Best Actor award for his role in 'The Royals', while Antara Lahiri won for Best Editing on 'Ziddi Girls'. These awards validate the company's creative capabilities and its ability to deliver high-quality content for top-tier global streaming platforms. Such recognition enhances the company's brand equity and negotiating power in the competitive OTT production market.

PNC's original series 'The Royals' and 'Ziddi Girls' won awards at the 4th Indian Telly Streaming Awards 2026.
Ishaan Khatter won Editorial Choice Best Actor — Male (Series) for the Netflix original 'The Royals'.
Antara Lahiri secured the Best Editing — Series award for the Amazon Prime Video original 'Ziddi Girls'.
The awards recognize PNC's success in producing content for major global streaming platforms like Netflix and Amazon Prime Video.

💡 Investors should note this as a positive development for the company's brand and content reputation, though it has no immediate impact on financial results. Monitor for future content deal announcements with major OTT platforms as a sign of sustained growth.

PNC Web Series 'The Royals' and 'Ziddi Girls' Win Top Awards at NDFF 2026

🟢 POSITIVE ⭐ 4/10

OTHER 📅 20 Feb 2026, 01:10 PM

Pritish Nandy Communications (PNC) has announced that two of its original streaming series received top honors at the 9th New Delhi Film Festival (NDFF) 2026. 'The Royals,' a Netflix original, won the Best Web Series Award, while 'Ziddi Girls,' streaming on Amazon Prime Video, was named the Top 2nd Web Series in the India section. These accolades validate the company's creative strategy and its successful partnerships with global streaming giants. Such recognition enhances the brand's prestige and the potential value of its content library.

The Royals (Netflix) won the Best Web Series Award at the 9th New Delhi Film Festival 2026.
Ziddi Girls (Amazon Prime Video) was honored as the Top 2nd Web Series in the India category.
The awards recognize content directed by prominent filmmakers including Priyanka Ghose, Nupur Asthana, and Shonali Bose.
The recognition underscores PNC's ability to create contemporary Indian content for global OTT platforms.

💡 Investors should view this as a positive validation of the company's content quality and creative execution. Monitor for new production deals or renewals with major OTT platforms as a result of this increased brand prestige.

PNC Original Series 'The Royals' and 'Ziddi Girls' Win Top Awards at JIFF 2026

🟢 POSITIVE ⭐ 4/10

OTHER 📅 17 Feb 2026, 04:14 PM

Pritish Nandy Communications (PNC) has announced that two of its original streaming series won top honors at the 18th Jaipur International Film Festival (JIFF) 2026. 'The Royals', a Netflix original, secured the 'Best Web Series Award', while 'Ziddi Girls' on Amazon Prime Video received the 'Top 2nd Web Series Award'. These accolades validate the company's creative strategy and its ability to deliver high-quality content for global streaming giants. Such recognition strengthens the company's brand equity and potential for future high-value commissions.

The Royals (Netflix) awarded 'Best Web Series Award' at the 18th Jaipur International Film Festival 2026
Ziddi Girls (Amazon Prime Video) honored with the 'Top 2nd Web Series Award'
Both series were recognized as top Indian entries in the competitive web series category
Awards highlight successful partnerships with major global OTT platforms like Netflix and Amazon

💡 Investors should note this as a positive development for the company's brand value and content pipeline. Monitor for future deal announcements with OTT platforms which could drive revenue growth.

PNC Reports Q3 Loss of Rs 10.22 Cr Due to Rs 17.56 Cr Non-Cash Exceptional Content Write-down

🔵 WATCH ⭐ 7/10

EARNINGS 📅 13 Feb 2026, 11:59 AM

Pritish Nandy Communications (PNC) reported a total income of Rs 9.91 crore for Q3 FY26, maintaining an operating profit of Rs 2.13 crore. However, the company recorded a net loss of Rs 10.22 crore due to a one-time exceptional write-down of Rs 17.56 crore in content value following a licensing deal with Shemaroo. For the nine-month period, revenue grew significantly to Rs 35.76 crore from Rs 26.29 crore in the previous year. Management clarified that the loss is purely an accounting adjustment with no impact on cash flows or ongoing operations.

Q3 FY26 total income stood at Rs 991.12 lakh with an operating profit of Rs 212.53 lakh before exceptional items.
Reported a net loss of Rs 1021.81 lakh for the quarter after a non-cash write-down of Rs 1756.09 lakh in unamortized content value.
Nine-month revenue for FY26 increased by 36% year-on-year to Rs 3576.32 lakh compared to Rs 2628.99 lakh in FY25.
Signed a long-term 11-year licensing agreement with Shemaroo Entertainment for global broadcasting and streaming rights.
Content pipeline remains active with 'The Royals' Season 2 in development and multiple projects for global streaming platforms.

💡 Investors should treat the reported net loss as a non-cash accounting event and focus on the 36% year-on-year revenue growth. The long-term licensing deal with Shemaroo provides visibility for the content library, but the company's ability to scale new productions remains the primary growth driver.

PNC Reports Q3 Revenue Growth but Posts ₹10.18 Cr Loss on Massive Content Write-down

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 13 Feb 2026, 11:49 AM

Pritish Nandy Communications (PNC) reported a sharp increase in Q3 FY26 revenue to ₹9.77 crore, up from ₹3.03 crore in the same period last year. However, the company posted a consolidated net loss of ₹10.18 crore due to a significant non-cash exceptional item of ₹17.51 crore. This exceptional charge represents a write-down in the value of its content library following a reassessment of net realizable value for legacy titles. While the company secured a new licensing deal with Shemaroo Entertainment, the write-down reflects a challenging environment for monetizing older film content in the current OTT-driven market.

Revenue from operations grew 222% YoY to ₹976.76 lakh in Q3 FY26.
Recognized a material non-cash exceptional item of ₹1,750.86 lakh for content inventory write-down.
Consolidated net loss widened to ₹1,018.08 lakh from a loss of ₹35.44 lakh in the previous year's quarter.
Entered into an 11-year licensing agreement with Shemaroo Entertainment for 18 titles from its content library.
Deferred tax reversal of ₹440.69 lakh was recorded to partially mitigate the impact of the exceptional loss.

💡 Investors should exercise caution as the significant write-down indicates a permanent reduction in the commercial value of the company's core legacy assets. While the Shemaroo deal provides some monetization, the company's ability to create new, high-margin content will be critical for future recovery.

PNC Submits Quarterly SEBI Compliance Certificate for December 2025

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 07 Jan 2026, 12:55 PM

Pritish Nandy Communications Limited (PNC) has filed its compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by Registrar and Share Transfer Agent MUFG Intime India Pvt. Ltd., covers the quarter ended December 31, 2025. It confirms that securities received for dematerialization were processed, and the necessary cancellations and listings on stock exchanges were completed within prescribed timelines. This is a standard administrative filing required for all listed companies in India.

Compliance certificate submitted for the quarter ended December 31, 2025.
RTA MUFG Intime India Pvt. Ltd. confirmed all dematerialization requests were processed.
Securities involved are confirmed to be listed on both BSE and NSE.
Physical certificates were mutilated and cancelled after due verification by the depository participant.
The filing ensures the company is in adherence with SEBI's depository and shareholding regulations.

💡 No action is required from investors as this is a routine regulatory filing confirming the integrity of the company's shareholding records.

PNC Announces Trading Window Closure from January 1, 2026 for Q3 Results

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 29 Dec 2025, 02:20 PM

Pritish Nandy Communications Limited has announced the closure of its trading window starting January 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. This routine measure is taken ahead of the declaration of the company's unaudited financial results for the quarter ended December 31, 2025. The restriction applies to all designated persons and their immediate relatives. The trading window will reopen 48 hours after the financial results are officially disclosed to the stock exchanges.

Trading window closure effective from Thursday, January 1, 2026
Closure is in relation to the unaudited financial results for the quarter ending December 31, 2025
Restriction applies to all designated persons and their immediate relatives as per the company's Code of Conduct
Window will reopen 48 hours after the announcement of the financial results

💡 This is a standard regulatory filing and does not impact the company's business operations or fundamentals. Investors should focus on the upcoming quarterly results for an assessment of the company's financial health.

View All PNC Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

The Content segment generated INR 2,540.36 Lakhs in H1 FY26, representing a growth of 11.58% compared to INR 2,276.55 Lakhs in H1 FY25. The Wellness segment revenue declined by 100%, falling from INR 2.00 Lakhs in H1 FY25 to zero in H1 FY26, as the company pivoted focus entirely toward media production.

Geographic Revenue Split

Not disclosed in available documents; however, the company produces content for global streaming platforms like Amazon Prime and Netflix, suggesting a mix of domestic production and international distribution rights.

Profitability Margins

Net Profit Margin was -1.17% in H1 FY26 (loss of INR 29.65 Lakhs on revenue of INR 2,540.36 Lakhs), worsening from -0.76% in H1 FY25. Profitability is constrained by high production cycles where costs are recognized ahead of major platform payouts.

EBITDA Margin

EBITDA margin remains thin to negative; the loss before tax for H1 FY26 was INR 28.43 Lakhs (-1.12% of revenue) compared to a loss of INR 30.57 Lakhs (-1.34% of revenue) in H1 FY25, showing a marginal improvement in core operational efficiency despite the net loss.

Capital Expenditure

The company made payments of INR 252.33 Lakhs to acquire property, plant, and equipment in H1 FY26, a significant increase from INR 2.01 Lakhs in H1 FY25, indicating investment in production infrastructure or creative studio upgrades.

Credit Rating & Borrowing

Total borrowings stood at INR 147.23 Lakhs (INR 140.46 Lakhs non-current and INR 6.77 Lakhs current). Finance costs increased by 46.74% YoY to INR 6.53 Lakhs in H1 FY26, reflecting higher utilization of credit lines or increased interest rates.

⚙️ Operational Drivers

Raw Materials

The primary 'raw material' is Cost of Content (production expenses), which accounts for 84.38% of total revenue at INR 2,143.59 Lakhs.

Import Sources

Not disclosed in available documents; typically involves domestic and international talent and production services.

Key Suppliers

Not disclosed in available documents; involves various production crews, technical vendors, and talent agencies.

Capacity Expansion

Current capacity is tied to the creative studio's pipeline. Planned expansion includes the production of 'The Royals' Season 2 and other series in development for global streaming platforms.

Raw Material Costs

Cost of content was INR 2,143.59 Lakhs in H1 FY26, representing 84.38% of revenue. This is an 8.57% increase from INR 1,974.34 Lakhs in H1 FY25, driven by higher production values for premium OTT series.

Manufacturing Efficiency

Not applicable as a service/content provider; however, employee benefit expenses rose 31.77% to INR 238.72 Lakhs, indicating a ramp-up in creative staff for new productions.

Logistics & Distribution

Distribution is primarily digital via OTT platforms; other expenses (including distribution-related costs) were INR 209.39 Lakhs.

📈 Strategic Growth

Expected Growth Rate

12.27%

Growth Strategy

Growth is driven by the 'sequel strategy' for successful IPs, such as 'Four More Shots Please' Season 4 and 'The Royals' Season 2. The company is also developing new films and series for global streaming platforms to diversify its revenue base beyond existing hits.

Products & Services

Streaming series (OTT content), cinematic films, and digital media content.

Brand Portfolio

PNC (Pritish Nandy Communications), 'Four More Shots Please', 'The Royals'.

New Products/Services

Season 4 of 'Four More Shots Please' (Amazon Original) and Season 2 of 'The Royals' (Netflix Original) are the primary new drivers for FY26 revenue.

Market Expansion

Targeting global audiences through partnerships with international streaming giants like Amazon Prime Video and Netflix.

Strategic Alliances

Key partnerships with Amazon Prime Video and Netflix for original series production and distribution.

🌍 External Factors

Industry Trends

The industry is shifting toward high-quality, multi-season digital series (OTT). PNC is positioned as a premium content creator for these platforms, benefiting from the 12% growth in H1 revenue as platforms demand more local Indian content.

Competitive Landscape

Competes with other major Indian production houses and creative studios for platform budgets and talent.

Competitive Moat

The moat is built on established creative IP (like 'Four More Shots Please') and long-term relationships with global streaming platforms. This is sustainable because successful franchises reduce the 'hit-or-miss' risk for platforms.

Macro Economic Sensitivity

Sensitive to consumer discretionary spending on OTT subscriptions and platform content budgets, which are influenced by broader economic growth.

Consumer Behavior

Increasing preference for binge-watchable, high-production-value episodic content over traditional cinema.

Geopolitical Risks

Minimal, though international filming locations could be affected by regional instabilities.

⚖️ Regulatory & Governance

Industry Regulations

Subject to content censorship guidelines and digital media ethics codes in India, which can impact production timelines or content themes.

Taxation Policy Impact

The company recorded a deferred tax credit of INR 1.22 Lakhs in H1 FY26, compared to a credit of INR 13.39 Lakhs in H1 FY25.

Legal Contingencies

The company has a pending matter before the City Civil Court; management considers the amount involved as 'good and fully recoverable' and has made no provision for loss.

⚠️ Risk Analysis

Key Uncertainties

Timing of content releases on OTT platforms can cause revenue to fluctuate by more than 50% between quarters, as seen in the Q2 vs H1 revenue disparity.