PhantomFX bags ₹72 crore projects eyes ₹110 crore revenue boost in FY25-26

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    31/May/2025

  • PhantomFX secures ₹72 crore in new VFX contracts for FY25-26 with potential to scale up to ₹110 crore, indicating strong demand in global and Indian markets.

  • With active operations in USA, UK, China and more, PhantomFX's global footprint and Tippétt Studio acquisition enhance its long-term growth prospects.

  • Revenue push supported by strategic hiring, infrastructure growth, and deeper engagement with top global production houses ensures sustained momentum.

Phantom Digital Effects Limited, a leading player in the visual effects (VFX) industry, has made headlines by securing new high-value projects worth ₹72 crore. These contracts, spanning across both international and domestic markets, are expected to significantly boost the company’s revenue pipeline for FY25-26. With potential projects in the pipeline, the total value could climb to as much as ₹110 crore, positioning PhantomFX for one of its strongest financial years yet.

This development marks a substantial leap in PhantomFX’s journey towards becoming a global leader in high-end VFX solutions. With operational bases in Chennai, Mumbai, Hyderabad, Bengaluru, and international offices in the USA, UK, Canada, China, and Dubai, the company is equipped with the infrastructure and talent to deliver at scale.

The contracts won are expected to materialise before Q4 of FY25-26, demonstrating both immediate and sustained demand for PhantomFX’s services. Notably, the company attributes this success to its strategic approach in acquisitions and expansions, which have begun yielding high topline results.

Growing International Reputation

PhantomFX’s recent expansion into the US and Chinese markets has significantly contributed to the current round of wins. The international portion of the secured contracts confirms PhantomFX’s rising stature in the global entertainment and media ecosystem, where high-quality VFX is a critical component.

The company’s ability to offer cutting-edge visual effects for films, television, OTT platforms, and commercials has earned it a reputation as a trusted creative partner among major global studios. As VFX demand surges, PhantomFX is capitalising on its scalability, creative prowess, and global delivery model.

Statement from the Managing Director

Mr. Bejoy Arputharaj S, Managing Director of PhantomFX, expressed confidence in the company’s growth trajectory.

PhantomFX has reached a critical phase of accelerated growth, driven by increasing global demand and a robust project pipeline. Our consistent delivery and reputation for quality have positioned us as a trusted partner for high-value international clients. As we look ahead, our focus is on scaling operations, expanding our delivery capabilities, and capitalising on emerging opportunities to sustain long-term revenue growth and global market leadership.

He also noted the immediate potential for significant billings in June and August, which bodes well for the short-term outlook.

Strategic Priorities: Talent and Infrastructure

The company is now prioritising talent acquisition and expansion of delivery infrastructure to match the increasing demand. PhantomFX is in advanced talks with major production houses for projects that are expected to span up to two years, requiring sustained resource deployment and strategic planning.

By focusing on building a robust team of skilled VFX artists and expanding its production capabilities, PhantomFX aims to meet tight deadlines and maintain the high standards that its clients expect.

This dual-pronged approach—combining organic growth with strategic acquisitions—is already showing positive results. The earlier acquisition of Tippett Studio, an Oscar-winning American VFX firm, is a strong signal of PhantomFX’s global ambition and creative vision. This move has not only enhanced PhantomFX’s portfolio but also provided a firm foothold in the North American market.

Financial Performance and Outlook

PhantomFX posted impressive financial results for FY24-25:

  • Total Income: ₹104.37 crore

  • EBITDA: ₹39.69 crore

  • Net Profit: ₹20.20 crore

With an existing team of over 500 skilled artists, these new contracts will likely push the company’s financials to new highs in FY25-26. The upcoming fiscal year is expected to be transformational, especially with the high-value international contracts and ongoing negotiations with top-tier studios.

The TPN Gold Certification, held by PhantomFX, ensures clients of the highest standards in data security and content management, a key differentiator in the post-production industry.

About Phantom Digital Effects Limited

Founded as a full-service creative studio, PhantomFX provides a broad spectrum of VFX solutions for films, TV, OTT platforms, and commercials. With four state-of-the-art facilities in India and a growing international presence, the company has positioned itself at the forefront of the global VFX sector.

PhantomFX’s portfolio includes high-end visual effects projects for some of the biggest names in entertainment. The company’s philosophy centres around creative excellence, precision, and scalability, which have all contributed to its rapid rise and continued success.

Its acquisition of Tippett Studio is a landmark achievement that brings along decades of experience and a strong creative legacy. Tippett Studio, known for its award-winning work in Hollywood, now adds another layer of capability and global reputation to PhantomFX’s service offerings.

Long-Term Vision and Industry Leadership

With the VFX industry entering a high-growth phase globally, PhantomFX is preparing itself for long-term leadership. The company’s strategy of focusing on innovation, quality delivery, and global expansion ensures it remains ahead in a competitive and rapidly evolving market.

The next 12–24 months will see PhantomFX investing in:

  • Talent development and training programmes

  • Technology upgrades and software innovation

  • Infrastructure expansion across India and international locations

  • Strengthening global partnerships with top studios

This proactive approach aligns with the anticipated boom in demand for VFX, driven by the OTT revolution, gaming, immersive experiences, and international film productions.

Final Word

Phantom Digital Effects Limited’s recent contract wins, robust pipeline, and aggressive expansion plans collectively mark a watershed moment in its growth story. As the company steps into FY25-26, it is poised to outperform, delivering not only financial gains but also pioneering creative benchmarks in the global VFX landscape.

Investors and industry watchers alike will be keeping a close eye on PhantomFX as it continues to make strategic moves that underline its emergence as India’s leading global VFX powerhouse.


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