Animation
DQ Entertainment revenue up, reports profits in FY-16
BENGALURU: The Tapas Chakravarti led DQ Entertainment (International) Limited (DQEIL) reported 8 percent growth in total income from operations (TIO) for the fiscal ended 31 March, 2016 (FY-16, current year) as compared to the previous year. The company has reported Profit after tax (PAT) of Rs 29.94 crore (14.2 percent PAT margin of TIO) in FY-16 as compared to a loss of Rs 19.71 crore in FY-15. The company reported TIO of Rs 210.39 crore in the current year as compared to Rs 194.80 crore in the previous year.
Note: The unit of currency in this report is the Indian rupee – Rs (also conventionally represented by INR). The Indian numbering system or the Vedic numbering system has been used to denote money values. The basic conversion to the international norm would be:
(a) 100,00,000 = 100 lakh = 10,000,000 = 10 million = 1 crore.
(b) 10,000 lakh = 100 crore = 1 arab = 1 billion.
Segment Performance
The company’s Animation segment reported an operating profit of Rs 72.94 crore in FY-16 from operating revenue of Rs 164.29 crore as compared to the operating profit of Rs 70.27 crore from operating revenue of Rs 142.34 crore in FY-15.
The company’s distribution segment reported an operating loss of Rs 13.57 crore on operating revenue of Rs 46.11 crore in FY-116 as compared to an operating profit of Rs 13.67 crore on operating revenue of Rs 52.46 crore in FY-15.
Let us look at the other numbers reported by DQEIL
Total Expenditure in FY-16 increased 25.3 percent to Rs 164.50 crore (78.2 percent of TIO) from Rs 131.31 crore (84. percent of TIO) in the previous year.
The company’s finance expense in FY-16 increased 38.3 percent at Rs 59.09 crore (28.1 percent of TIO) as compared to the Rs 42.73 crore (21.9 percent of TIO) in FY-15.
DQEIL Production expense (PE) in FY-16 reduced 48.9 percent to Rs 11.06 crore (5.3 percent of TIO) from Rs 21.63 crore (11.1 percent of TIO) in the previous year.
The company’s Employee Expense (EBE) in FY-16 at Rs 54.13 crore (25.97 percent of TIO) reduced 15 percent from Rs 63.71 crore (32.7 percent of TIO) in FY-15.
Company speak
The company in its earnings release says, “Our drive is to improve the collections from customers even if it leads to short term reduction of revenue. We see that with the market improving worldwide we will be able to meet the dual objective of reducing debtors while securing good orders from the customers. We have a strong visibility of orders for production for the next 18-24 months.”
“In order to map our specialized offerings better with the market opportunities, we have streamlined our business divisions into Animation including VFX and Licensing and Distribution including digital media.
MUMBAI: History is getting a fresh rewrite this time with code, creativity and a longer arc in mind. Lens Vault Studios has announced its first original production, Bal Tanhaji, marking the official entry of the newly launched, tech-driven studio into India’s evolving entertainment landscape.
Arriving six years after the box-office success of Tanhaji: The Unsung Warrior, the new project expands the universe rather than revisiting familiar ground. Bal Tanhaji explores uncharted narrative territory, signalling a clear shift from one-off cinematic spectacles to long-format, world-building storytelling designed for digital-first audiences.
At the heart of this ambition is Prismix Studios, the in-house generative AI and technology arm powering the creative engine behind the show. The studio’s approach blends storytelling with next-generation tools, aiming to reimagine how Indian IPs are created, scaled and sustained beyond theatrical releases.
For Lens Vault Studios chairman Ajay Devgn the new venture represents a deliberate step beyond traditional cinema. The focus is firmly on building long-form intellectual properties across fiction and non-fiction, tailored to changing viewing habits and platform-led consumption. He said the studio intends to explore formats that remain largely untapped, while drawing on the team’s experience with large-scale cinematic storytelling.
Lens Vault Studios founder and CEO Danish Devgn echoed that sentiment, describing Bal Tanhaji as the studio’s first generative-AI-led IP and the starting point of a broader vision. The aim, he noted, is to carry forward the legacy of the Tanhaji universe while connecting with younger audiences through a blend of powerful narratives and emerging technologies.
With Bal Tanhaji, Lens Vault Studios is planting its flag early not just launching a show, but signalling a larger play for cinematic universes that live, grow and evolve across platforms. If this debut is any indication, the future of Indian storytelling may be as much about imagination as it is about innovation.
