Film Production
Despite lesser releases, Eros FY-2014 PAT up by 29 per cent to Rs 199.69 crore!
BENGALURU: It missed hitting Rs 200 crore PAT by just around Rs 31 lakh in the recently concluded FY-2014. The Sunil Lulla led Eros International Media Limited (Eros) belongs to a select league of a handful of publicly listed Indian media and entertainment companies that have only grown bigger and bigger in terms of bottom line as well as topline as compared to rest that have made it a norm to show blood across their balance sheets. And all this despite a 10.4 per cent drop in the number of films released to 69 in FY-2014 from 77 in FY-2013!
Last year, the company entered the Rs 1000 Total Income club. This year, it continued its membership in that select peerage and how! In FY-2014, Eros reported a growth of just 6.1 per cent in Total Income (Tot Inc) to Rs 1139.64 crore from Rs 1074.35 crore in FY-2013. As mentioned above, the company recorded a PAT of Rs 199.69 crore (17.5 per cent of Tot Inc) in FY-2014, which was a whopping 29.2 per cent more than the Rs 154.53 crore (14.4 per cent of Tot Inc) in FY-2013.
Note : (1)100,00,000=100 lakh = 1 crore = 10 million.
Eros released 30 Hindi films, 37 Tamil/Telugu films and 2 other regional language films in FY-2014 as compared to the 30 Hindi, 44 Tamil and 3 other regional language films in FY-2013.
Let us look at the other numbers reported by Eros in FY-2014 and Q4-2014
Tot Inc in Q4-2014 at Rs 280.97 crore was 8.9 per cent less than the Rs 308.36 crore in Q3-2014 and 83.3 per cent more than the year ago quarter Q4-2013.
PAT in Q4-2014 at Rs 34.54 crore (12.3 per cent of Tot Inc) was 31.2 per cent less than the Rs 50.18 crore (16.3 per cent of Tot Inc) in Q3-2014 and more than triple (3.6 times) the Rs 9.58 crore (6.2 per cent of Tot Inc) in Q4-2013.
Eros reported Total Expense (Tot Exp) for FY-2014 at Rs 641.44 crore (56.3 per cent of Tot Inc), which was 13.9 per cent lower than the Rs 744.81 crore (69.3 per cent of Tot Inc) in FY-2013. Eros Q4-2014 Tot Exp at Rs 209.86 crore (74.7 per cent of Tot Inc) was 4.4 per cent less than the Rs 219.47 crore (71.2 per cent of Tot Inc) in Q3-2014 and 54.1 per cent more than the Rs 136.20 crore (88.9 per cent of Tot Inc) in Q4-2013.
Eros Finance cost in FY-2014 was 3.48 times at Rs 32.71 crore (2.9 per cent of Tot Inc) as compared to the Rs 9.39 crore (0.9 per cent of Tot Inc) in FY-2013. The company’s finance cost in Q4-2014 at Rs 14.52 crore (5.2 per cent of Tot Inc) was almost double (1.97 times) the Rs.7.38 crore (2.4 per cent of Tot Inc) in Q3-2014 and 7.4 times the Rs 1.96 crore (1.3 per cent of Tot Inc) in Q4-2013.
The company’s trade payables and receivables have both gone down in FY-2014 as compared to FY-2013.
Here are the figures: Trade Payables FY-2014 – Rs 36.98 crore (3.2 per cent of Tot Inc) – down 15.5 per cent from Rs 43.74 crore (4.1 per cent of Tot Inc) in FY-2013.
Trade Receivables – FY-2014 – Rs 151.45 crore (13.3 per cent of Tot Inc) – down 11.1 per cent from Rs 170.44 crore (15.9 per cent of Tot Inc) in FY-2013.
In its press release, Eros has indicated the breakup of revenue for FY-2014 as: Theatrical revenue – Rs 474.9 crore (42 per cent of Total revenue); Overseas Revenue –Rs 293.4 crore (26 per cent of Total revenue) and Other Revenue –Rs 366.4 crore (32 per cent of Total Revenue).
Eros managing director Sunil Lulla said, “This has been an excellent year for the company with strong operational and financial performance. Our strategy to focus on a diversified mix of high, medium and low budget movies, emphasis on regional language films along with monetisation of our catalogue across various platforms has enabled us to deliver such strong performance.”
“We are confident that our leadership position within the industry, monetization of our extensive movie library and positive structural sector trends should enable us to create huge value for all stakeholders going forward. On the back of a well-funded movie slate scheduled for FY-2015, we expect to deliver yet another strong financial performance in the coming year,” added Lulla.
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Film Production
Arka Mediaworks onboards 88 Pictures as animation studio partner on ‘The Eternal War – Part 1’
Arka Mediaworks announces that 88 Pictures, the acclaimed animation and visual storytelling studio known for its cutting-edge CGI and cinematic artistry, is on board as the animation partner for the highly anticipated Baahubali: The Eternal War, a groundbreaking two-part 3D animated feature film set in the globally beloved Baahubali universe.
Baahubali: The Eternal War represents a bold new chapter in the Baahubali saga envisioned for national and international audiences and crafted with the ambition of delivering one of India’s most ambitious and globally benchmarked animation projects to date.
88 Pictures will execute the animation production, bringing to life the film’s richly detailed worlds, epic battle sequences, and larger-than-life characters with its signature blend of artistic vision, performance-driven animation, and advanced production pipelines. Working closely with the film’s creative leadership and technical partners, the studio aims to set new benchmarks in animation quality, cinematic storytelling, and global scalability.
This animated epic follows the successful re-release of Baahubali: The Epic (the combined theatrical version of the original live-action films) on 31 October 2025 across India and the USA. During the film’s interval, legendary creator and director S.S. Rajamouli (Baahubali 1 & 2, RRR) stunned audiences with a surprise teaser for The Eternal War – Part 1. The video immediately went viral, garnering widespread national and international acclaim across LinkedIn, Instagram, and YouTube for its ambitious visual style and scale.
Produced by Arka Mediaworks and led by co-founder and CEO Shobu Yarlagadda – producer of the iconic Baahubali duology, The Eternal War brings together fantastic storytelling and cutting-edge animation.. The film is directed and written by acclaimed animation filmmaker Ishan Shukla (Schirkoa: In Lies We Trust, Star Wars: Visions – “The Bandits of Golak”) and screenplay by Scott Mosier (The Grinch). Mihira Visual Labs, the studio co-founded by Yarlagadda anchors the film’s animation, visual development, and execution.
The partnership with 88 Pictures brings significant pedigree to the project; the studio is well-regarded for its work on high-profile international titles including DreamWorks’ series Trollhunters, the HBO Max original series Gremlins: Secrets of the Mogwai, Disney’s animated short An Almost Christmas Story to name a few.
Yarlagadda shared, “We are happy to onboard 88 Pictures as the animation studio partner for our prestigious and most expensive animated film from India. We believe that their expertise and capabilities will allow us to produce a first-of-its-kind, world-class animated feature film from India.”
88 Pictures founder & CEO Milind D. Shinde said, “Baahubali changed the way cinema is perceived and became a defining milestone that turned the tide for Indian live-action filmmaking. Expanding the franchise into an entirely new universe—at a never-seen, never-done scale—through an animated feature created in India for a global audience is set to redefine how the world views Indian animation. We are truly thrilled to be part of this landmark project and to bring it to life under the visionary direction of Ishan Shukla, guided by the experience and leadership of acclaimed producer Shobu Yarlagadda.”
Shukla expressed, “Eternal War requires a level of visual and emotional precision that can only come from teams who truly understand both craft and intent. Working with 88 Pictures, alongside Mihira Visual Labs, has been a deeply collaborative experience. This association brings together technical excellence and creative sensitivity, enabling us to translate an ambitious vision into a compelling cinematic reality.”
Baahubali: The Eternal War – Part 1 is scheduled for release in 2027
