1. Stock split - 1:10 ratio (face value ₹10 to ₹1) Pending - In an announcement dated 22 January 2025, the company declared a stock split of equity shares from face value ₹10 each to ₹1 each in a 1:10 ratio. The FY25 annual report shows paid-up share capital of ₹13,60,92,990 divided into 1,36,09,299 equity shares of ₹10 each, indicating the split had not taken effect as of that date.
2. Authorised capital increase - from ₹15 crore to ₹30 crore Pending - In an announcement dated 22 January 2025, the company declared doubling its authorised capital from ₹15 crore to ₹30 crore to meet rising fund requirements. The FY25 annual report states management postponed implementation of the increase till further notice, pending reassessment of its viability.
3. ***Dhaakad Beera* - premiere on Colors TV and JioHotstar in July 2025** Pending - In the FY25 annual report, management stated the series Dhaakad Beera is expected to premiere on Colors TV and JioHotstar in July 2025. The series was signed with Colors TV, but our record holds no disclosure confirming the July 2025 premiere occurred as of 14 July 2026.
4. Order book - approximately ₹35 crore (Q2 FY25) Pending - At the Q2 FY25 PPT, management stated the order book stands at approximately ₹35 crore, with robust expectations for the remainder of the year. FY25 full-year revenue from operations was ₹7.77 crore, and our record holds no updated order book figure or disclosure of conversion against the ₹35 crore.
5. FY25 outlook - "do exceptionally well" based on confirmed business in hand Missed - At the Q4 FY24 call, management stated the company expects to do exceptionally well in FY25 based on confirmed business in hand. FY25 revenue from operations was ₹7.77 crore against FY24's ₹30.37 crore, with an EBITDA loss of ₹3.07 crore and a PAT loss of ₹5.10 crore.
6. Revenue mix target - TV + OTT at 50-60%, rest from original content and licensing Pending - At the Q4 FY24 call, management stated television and OTT together will be around 50-60%, with the rest divided between original content and licensing; at the Q2 FY25 call, this was revised to television at \~40-50% and OTT at \~30-40%. FY25 revenue was ₹7.77 crore, but our record holds no segmental revenue split to assess the mix.
7. Seven new projects signed in H2 FY24 - for various networks and broadcasters Pending - At the Q4 FY24 call, management stated the company had signed multiple contracts close to seven projects for various networks and broadcasters in H2 FY24. FY25 revenue declined sharply to ₹7.77 crore, with management citing industry consolidation delays, but our record holds no project-by-project disclosure tracking delivery or revenue from these seven projects.
8. Kaavya Motion Pictures - three-year co-creation partnership Pending - At the Q4 FY24 call, management stated the company had forged a collaborative partnership with Kaavya Motion Pictures for a three-year endeavour to cocreate a diverse range of audiovisual content. Our record holds no further disclosure on projects delivered, revenue generated, or progress under this partnership through the latest filings.
9. Inventory monetisation - bring all inventories to market before end of FY25 Partial - At the Q4 FY24 call and in May 2024, management committed to bringing all inventories to market before the end of FY25. FY25 revenue from operations fell to ₹7.77 crore, and the annual report describes the year as transitionary with higher work-in-progress at year-end, indicating inventories were not fully monetised by 31 March 2025.
10. Freshh Mint digital label launch - live by end of July 2024 Delivered - At the Q4 FY24 call, management stated Freshh Mint would go live very soon, in a month or two, implying by end of July 2024, streaming original IPs on YouTube. Freshh Mint launched on 15 August 2024 with the debut series Aukaat Se Zyada, which achieved 4.55 lakh total views, 10,600 hours of watch time, and over 1 lakh unique viewers.