UFO Moviez India Limited (UFO)
₹59.84 +3.15% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, UFO Moviez's revenue was ₹111 Cr (+3.8% year on year, -16.9% on the previous quarter), and net profit ₹5.6 Cr (-13.5% year on year); the operating margin was 16.0%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹111 | +3.8% | -16.9% |
| Operating profit | ₹17.7 | +4.9% | +2.7% |
| Net profit | ₹5.6 | -13.5% | +25.9% |
| EPS (₹) | 1.45 | -13.7% | +26.1% |
| Operating margin | 16.0% | — | — |
UFO delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 78.7% of the UFO shares traded on NSE were taken to delivery, against the stock's own 20-session average of 67.11%. That is higher than usual for this stock. Turnover was only ₹23 lakh, so a handful of trades can move this figure.
Delivery in the last 5 sessions: 59.0% · 60.5% · 46.6% · 49.9% · 78.7%
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
UFO Moviez has signed a settlement deed on October 06, 2026, with TSR Films Private Limited to resolve all disputes arising under their Advertisement Agreement dated December 23, 2023. Along with resolving ongoing arbitration, the parties executed a fresh Advertisement Rights Buyout Agreement on October 06, 2026. The settlement will be submitted to the Arbitral Tribunal to be recorded as a final Award. Management expects the resolution and new buyout agreement to have a positive impact on the company's advertisement revenue potential (TTM revenue: Rs 486 Cr).
- Executed settlement deed on October 06, 2026, ending arbitration with TSR Films
- Settles disputes concerning in-cinema advertising rights under agreement dated December 23, 2023
- Signed fresh Advertisement Rights Buyout Agreement on October 06, 2026
- Settlement terms to be submitted to Arbitral Tribunal for final Award record
In ongoing arbitral proceedings between UFO Moviez India Limited and TSR Films Private Limited regarding an in-cinema advertisement agreement dated December 23, 2023, the Sole Arbitrator dismissed UFO's Section 17 interim application on technical grounds on September 17, 2026. Consequently, the earlier status quo order granted on October 1, 2025, has been withdrawn, and the agreement now stands terminated. No costs, damages, or monetary liabilities were imposed on UFO, and main claims and counterclaims remain pending. UFO stated the termination will not have a material adverse impact as the TSR arrangement was generating negative net returns due to execution issues.
- Arbitral order dated September 17, 2026, dismissed interim relief on technical grounds, withdrawing the status quo in place since October 1, 2025.
- Advertisement Agreement dated December 23, 2023, for TSR screens now stands terminated following TSR's termination notice dated September 23, 2025.
- No costs, damages, or monetary liabilities imposed on UFO Moviez in this interim order.
- Company clarified that the TSR arrangement was generating negative returns at the net level, minimizing adverse financial impact.
NSE sought clarification from UFO Moviez India Limited regarding a discrepancy in Total Income reporting between its PDF financial results and XBRL filing for the quarter ended June 30, 2026. The company clarified that it discloses Finance Income separately on the face of the P&L to show EBITDA clearly, whereas standard XBRL taxonomy groups Finance Income under Other Income. UFO Moviez confirmed that underlying financial figures are identical and accurate across both filings, meaning this is purely a taxonomy presentation mismatch with zero financial impact.
- Clarification submitted in response to NSE query dated August 20, 2026
- Pertains to financial results for the quarter ended June 30, 2026
- Discrepancy caused by separate presentation of Finance Income in PDF versus grouping under Other Income in XBRL taxonomy
- Company confirmed underlying financial data is fully consistent across both formats
UFO Moviez India Limited has submitted the scrutinizer's report and voting results for its 22nd Annual General Meeting held on August 19, 2026. All 4 resolutions were approved by shareholders with over 99.99% votes in favor. Key resolutions included the adoption of FY26 financial statements, reappointment of rotational directors Mr. Gautam Trivedi and Mr. Anand Trivedi, and a special resolution re-appointing Mr. Sanjay Gaikwad as Managing Director. Overall voter turnout represented 49.64% of the total 3.88 crore outstanding shares.
- All 4 resolutions passed with over 99.99% majority of votes polled
- Special resolution for re-appointment of Managing Director Mr. Sanjay Gaikwad approved with 99.9946% assent
- Total voter turnout stood at 49.64% across 19,272,563 votes polled out of 38,824,757 total shares
- 43,933 total shareholders recorded as of the cut-off date of August 12, 2026
UFO Moviez India Limited's Board has approved the disinvestment of a 90% stake in its wholly owned non-material subsidiary, Upmarch Media Network Private Limited, to Dr. Sunil Patil for ₹18 lakhs. UFO Moviez will retain the remaining 10% stake, following which Upmarch will cease to be a subsidiary. Upmarch had zero revenue in FY26 and a net worth of ₹17.61 lakhs, representing just 0.05% of UFO's consolidated net worth. The transaction is slated for completion by September 18, 2026.
- Board approved sale of 90% stake (1,80,000 equity shares at ₹10 face value) for ₹18 lakhs
- Upmarch Media generated Nil turnover and holds a net worth of ₹17.61 lakhs (0.05% of consolidated net worth)
- UFO Moviez to retain a 10% minority stake post-divestment
- Sale is scheduled for completion by September 18, 2026
UFO Moviez India Limited conducted its 22nd Annual General Meeting on August 19, 2026, with 86 members in attendance. Key resolutions tabled included the adoption of FY26 standalone and consolidated financial statements, alongside the re-appointment of rotational directors. Shareholders also voted on a special resolution for the re-appointment of Mr. Sanjay Gaikwad as Managing Director for a 3-year term effective October 17, 2026. Final e-voting results are scheduled to be disclosed within two working days.
- 22nd Annual General Meeting held on August 19, 2026, with 86 shareholders attending via video conference
- Special resolution proposed for the re-appointment of Sanjay Gaikwad as Managing Director for 3 years starting October 17, 2026
- Audited FY26 standalone and consolidated financial statements placed for shareholder adoption
- Voting results and Scrutinizer's Report to be submitted to stock exchanges within 2 working days
UFO Moviez has entered a strategic partnership with the Digital Cinema Distribution Coalition (DCDC) to distribute Indian feature films across North America. DCDC operates a massive network of over 3,100 sites and 33,000 screens in the United States, providing UFO with a significant international distribution platform. The collaboration aims to streamline digital delivery for Indian filmmakers, building on the recent release of 'Bandar' and the upcoming 'The Indian Story'. While specific revenue-sharing terms were not disclosed, this move leverages UFO's existing content relationships to tap into the high-value North American theatrical market.
- Access to DCDC's industry-leading network of 33,000+ screens and 3,100+ sites across North America.
- Strategic shift to facilitate faster and more secure digital delivery of Indian films to US exhibitors.
- Follows the successful North American release of the film 'Bandar' as a proof of concept.
- Upcoming release of 'The Indian Story' confirmed as the next major project under this partnership.
- Leverages UFO's domestic reach of 1,346 cities to provide a global pipeline for Indian content owners.
UFO Moviez reported Q1FY27 consolidated revenue of ₹111.8 Cr, a marginal increase from ₹109.0 Cr in Q1FY26. The standout performance was a 33% YoY growth in advertising revenue, driven by the spillover success of the blockbuster 'Dhurandhar: The Revenge'. Despite a 12.5% drop in movie releases (399 vs 456 YoY), EBITDA remained stable at ₹18.9 Cr. The company also improved its balance sheet, reducing consolidated net debt to ₹148.1 Cr from ₹152.4 Cr in the previous quarter.
- Advertising revenue grew by 33% YoY, despite a lower volume of 399 movie releases compared to 456 in Q1FY26.
- Consolidated revenue of ₹111.8 Cr represents approximately 23.2% of the TTM revenue of ₹482 Cr.
- Screen network reached 3,891 screens, comprising 2,565 multiplex and 1,326 single screens.
- Consolidated net debt reduced to ₹148.1 Cr from ₹152.4 Cr as of March 31, 2026.
- Management indicated that 30-40% of advertising revenue is now driven by annual deals, providing a baseline of stability.
UFO Moviez has made the audio recording of its Q1FY27 earnings conference call available to the public, following the session held on July 29, 2026. This is a standard regulatory compliance step that allows investors to hear management's detailed commentary on the quarter's performance. The company enters this period with a TTM revenue of Rs 482 Cr and a network of 3,466 screens. The recording is accessible via the company's website as per SEBI LODR requirements.
- Earnings conference call conducted on July 29, 2026, at 12:00 noon IST
- Recording pertains to the financial results for the first quarter of FY27
- Company operates a network of 3,466 total screens across India
- UFO Moviez currently reaches 1,346 cities with its digital cinema platform
UFO Moviez reported a marginal 3% YoY increase in total revenue to ₹111.8 Cr for Q1 FY27, primarily driven by a robust 33% growth in in-cinema advertising. Despite the top-line growth, consolidated PAT fell 14% YoY to ₹5.6 Cr, impacted by a 23% decline in equipment sales (Sale of Products) and slightly higher operating expenses. The company's advertising network reached 3,891 screens, with a significant 27.8% improvement in average ad revenue per screen. EBITDA margins contracted slightly to 16.9% from 17.7% in the year-ago period.
- In-cinema advertising revenue grew 33% YoY to ₹37.3 Cr, with Corporate and Hyperlocal segments now contributing 77% of the mix.
- Consolidated PAT decreased by 14% YoY to ₹5.6 Cr from ₹6.5 Cr in Q1 FY26.
- Average advertising revenue per screen improved to ₹92,322 compared to ₹72,222 in the previous year's quarter.
- Total screen network stands at 3,891, comprising 2,565 multiplex and 1,326 single screens across 1,300 cities.
- Revenue from the Sale of Products (Exhibitor segment) dropped 23% YoY to ₹22.8 Cr.
UFO Moviez reported a modest 3% YoY growth in consolidated revenue to ₹111.8 cr for Q1FY27, despite a challenging environment with fewer film releases. The standout performer was advertisement revenue, which surged 33% YoY to ₹37.3 cr, indicating improved monetization of its 3,891-screen network. However, Profit After Tax (PAT) fell 14% YoY to ₹5.6 cr, and EBITDA margins saw a slight contraction to 16.9% from 17.7% in the year-ago period. The company attributed the performance to steady theatrical momentum and the success of specific titles like 'Dhurandhar: The Revenge'.
- Advertisement revenue grew 33% YoY to ₹37.3 cr, up from ₹28.0 cr in Q1FY26.
- Consolidated revenue reached ₹111.8 cr, representing approximately 23.2% of TTM revenue.
- Profit After Tax (PAT) declined to ₹5.6 cr from ₹6.5 cr in the previous year's corresponding quarter.
- Network reach maintained at 3,891 screens across 1,300 cities, impacting 1.7 billion viewers annually.
- EBITDA stood at ₹18.9 cr, a marginal 2% decrease from ₹19.3 cr in Q1FY26.
UFO Moviez reported a consolidated net profit of ₹5.64 Cr for Q1 FY27, marking a 25.9% sequential growth from ₹4.48 Cr in Q4 FY26, though it declined 13.5% YoY. Revenue from operations fell 16.9% QoQ to ₹110.69 Cr, primarily driven by a sharp reduction in the purchase of digital cinema equipment and lamps. Despite the revenue dip, EBITDA margins improved to 17.0% from 13.7% in the previous quarter due to effective cost management, with total expenses falling by 19.8% QoQ. The company's performance remains sensitive to the film release calendar and theatrical footfalls.
- Consolidated Revenue stood at ₹110.69 Cr, a modest 3.8% increase compared to ₹106.63 Cr in Q1 FY26.
- Net Profit for the quarter reached ₹5.64 Cr, up from ₹4.48 Cr in the preceding quarter (Q4 FY26).
- Total expenses were significantly curtailed to ₹92.97 Cr from ₹115.97 Cr in the previous quarter.
- EBITDA for the quarter was ₹18.85 Cr, representing a margin of 17.0%.
- Earnings Per Share (EPS) for Q1 FY27 was ₹1.45, compared to ₹1.15 in Q4 FY26 and ₹1.68 in Q1 FY26.
UFO Moviez India Limited has issued a formal notice to shareholders holding shares in physical form to update their PAN, KYC, and nomination details. This action follows the SEBI Master Circular dated February 6, 2026, aimed at streamlining shareholder records. Failure to update these details will restrict shareholders from lodging grievances or receiving dividends, which have been mandated for electronic-only payment since April 1, 2024. This is a routine administrative procedure and does not impact the company's financial operations or market valuation of Rs 273 Cr.
- Compliance with SEBI Master Circular No. HO/38/13/(4)2026-MIRSD-POD/I/4298/2026 dated February 6, 2026
- Mandatory submission of PAN, Address with PIN, Mobile Number, and Bank Account details to RTA KFin Technologies
- Dividend payments for physical folios restricted to electronic mode only since April 1, 2024
- Shareholders must use Form ISR-1 for KYC and Form SH-13 for nomination details
UFO Moviez India Limited has scheduled its 22nd Annual General Meeting (AGM) for August 19, 2026, at 3:00 PM IST via video conferencing. The company is notifying shareholders without registered email IDs on how to access the FY 2025-26 Annual Report and AGM notice digitally. This filing is a procedural requirement under Regulation 36(1)(b) of SEBI Listing Regulations. No physical copies of the report will be dispatched unless specifically requested by a member.
- 22nd Annual General Meeting scheduled for August 19, 2026, at 03:00 p.m. IST
- Annual Report for the Financial Year 2025-26 made available via web-link and QR code
- Compliance with SEBI Regulation 36(1)(b) regarding communication with non-registered email holders
- Company currently operates a network of 3,466 total screens as per latest qualitative data
UFO Moviez India Limited has scheduled its 22nd Annual General Meeting (AGM) for August 19, 2026. The agenda includes the adoption of FY26 financial statements and the re-appointment of two directors. A significant special resolution seeks shareholder approval for the re-appointment of founder Sanjay Gaikwad as Managing Director for a three-year term from October 2026 to October 2029. The company currently operates a network of over 4,000 screens and reported a TTM revenue of Rs 482 Cr.
- AGM scheduled for August 19, 2026, at 3:00 PM IST via video conferencing.
- Special resolution proposed for re-appointment of MD Sanjay Gaikwad for a 3-year term starting Oct 17, 2026.
- Company network expanded to 4,000+ screens following a strategic alliance with Miraj Cinemas.
- TTM revenue stands at Rs 482 Cr with a market capitalization of Rs 258 Cr.
- Remote e-voting period set from August 14 to August 18, 2026.
Financial Performance
Revenue Growth by Segment
Consolidated revenue for Q2 FY26 grew 15% YoY to INR 111.3 Cr. In-cinema advertisement revenue grew 33.5% YoY to INR 32.3 Cr in Q2 FY26. Theatrical net revenue from distributors increased 40% YoY to INR 1.4 Cr. Content Delivery Charges (CDC) and VPF service revenue grew 13.9% YoY to INR 24.6 Cr.
Geographic Revenue Split
The company operates across 1,346 cities and towns in India, with a network of 3,466 screens. While specific regional percentage splits are not provided, the network includes 2,279 multiplex screens and 1,516 single screens distributed nationwide.
Profitability Margins
Gross margins improved from 51.5% to 55% in Q2 FY26 due to a better advertisement revenue mix. Net Profit Margin for FY25 stood at 2.27%, down from 3.99% in FY24, reflecting a consolidated profit of INR 9.56 Cr compared to INR 16.36 Cr in the previous year.
EBITDA Margin
EBITDA margin for Q2 FY26 was 19.6% (INR 21.8 Cr), a significant improvement of 113.7% YoY compared to INR 10.2 Cr in Q2 FY25. However, the full-year FY25 EBITDA margin was 13.99%, down from 16.48% in FY24.
Capital Expenditure
The company is currently executing a pilot project for screen expansion in small towns (population <50,000), with 3 screens operational in Northern India and 3 under progress in Maharashtra. Specific INR Cr guidance for total planned Capex was not disclosed.
Credit Rating & Borrowing
ICRA reaffirmed a rating of [ICRA]A (Stable) for long-term fund-based term loans of INR 68.34 Cr and [ICRA]A2+ for unallocated limits. The company maintains a low Debt-Equity ratio of 0.23x as of March 31, 2025.
Operational Drivers
Raw Materials
The primary operational cost is 'Revenue shared with Exhibitors', which accounts for 36.41% of in-cinema advertising revenue. Other costs include content delivery expenses and digital cinema equipment consumables.
Import Sources
Digital cinema equipment and consumables are sourced for the single operating segment of digital cinema services, though specific country sources like China or the US are not explicitly detailed in the documents.
Key Suppliers
The company partners with various film distributors and exhibitors (cinema owners) to secure content and screen inventory, though specific vendor names for hardware are not listed.
Capacity Expansion
Current capacity stands at 3,466 total screens (3,039 CDC category and 427 VPF category). The company is testing a 'proof of concept' for expansion into towns with populations under 50,000, though results have been described as 'not very encouraging' due to content flow timing.
Raw Material Costs
Ad sharing with exhibitors increased to 36.41% in FY25 from 32.44% in FY19. Total operational costs are managed through a single operating segment approach for digital cinema services.
Manufacturing Efficiency
The company delivered 918 movies digitally in H1 FY26. Efficiency is measured by the ability to impact 1.8 billion viewers annually through its 3,795 high-impact ad screens.
Logistics & Distribution
Content is delivered via satellite technology, providing a cost and time arbitrage advantage over physical delivery methods for distributors.
Strategic Growth
Expected Growth Rate
15%
Growth Strategy
Growth is targeted through increasing the mix of corporate and hyperlocal advertising (currently 82% of ad revenue) and expanding the screen network into under-penetrated small towns. The company also focuses on improving gross margins by optimizing the ad-sharing ratio with exhibitors.
Products & Services
Digital cinema services, Virtual Print Fee (VPF) services, Content Delivery Charges (CDC), in-cinema advertising slots, and sale/rental of digital cinema equipment.
Brand Portfolio
UFO, UFO Cine Media Network, Scrabble Entertainment, Scrabble Digital.
New Products/Services
Pilot project for cinema centers in towns with populations less than 50,000 to establish a new 'proof of concept' for profitable rural exhibition.
Market Expansion
Expansion into Maharashtra and Northern India for new screen additions, targeting towns with low cinema density.
Market Share & Ranking
UFO is the largest in-cinema advertising platform in India, reaching 1,346 cities.
Strategic Alliances
The company operates through subsidiaries like Scrabble Entertainment DMCC and Scrabble Digital Inc for international and technical service extensions.
External Factors
Industry Trends
The industry is seeing a shift toward simultaneous OTT and theatrical releases. While the content pipeline remains healthy, the industry experienced a 'muted' Diwali in 2025, highlighting the volatility of seasonal demand.
Competitive Landscape
The market is competitive with 4-5 major players, preventing any single entity from exercising monopoly pricing on digital content delivery.
Competitive Moat
Moat is built on a first-mover advantage in satellite-based cinema digitization and a massive network of 3,795 screens. This network effect makes it the primary choice for advertisers seeking national reach.
Macro Economic Sensitivity
Sensitive to global economic growth (projected at 3.3%) and domestic inflation (projected at 4.2% in 2025), which affects consumer discretionary spending on cinema tickets.
Consumer Behavior
Increased consumption of new movies on OTT platforms is a significant threat, potentially leading to permanently lower cinema footfalls.
Geopolitical Risks
Trade tensions and U.S. tariffs are noted as factors introducing uncertainty into international financial markets, potentially affecting the company's global subsidiaries.
Regulatory & Governance
Industry Regulations
Operations are governed by SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, particularly Regulation 33 for financial reporting and Regulation 30 for material disclosures.
Taxation Policy Impact
The company complies with Indian GST (27AABCV8900E1ZF) and income tax regulations. Effective tax rates are applied to PBT of INR 10.6 Cr in Q2 FY26.
Legal Contingencies
No reportable material weaknesses in internal controls were observed during the assessment year. Specific values for pending litigation were not disclosed.
Risk Analysis
Key Uncertainties
The primary uncertainty is the 'one-off' nature of blockbuster-driven quarters (e.g., Pushpa 2), which makes revenue consistency difficult to predict. Potential impact on quarterly EBITDA could exceed 20% if major releases fail.
Geographic Concentration Risk
While nationwide, the company is currently focusing expansion efforts on Maharashtra and Northern India, indicating a strategic push in these specific regions.
Third Party Dependencies
High dependency on film producers for content flow and exhibitors for screen inventory. Ad revenue sharing (36.41%) is a critical third-party cost.
Technology Obsolescence Risk
The shift from satellite to other digital delivery methods or high-speed internet streaming to theaters represents a long-term technology risk.
Credit & Counterparty Risk
Debtors turnover of 91.4 days suggests moderate credit risk from advertisers and exhibitors, requiring robust provision for doubtful debts as noted in the cash flow adjustments.
