🧠 At a Glance
Basilic Fly Studio is a high-growth VFX services company based in Chennai with clients across the US, UK, and Canada. From ₹25 Cr sales in FY22 to ₹304 Cr in FY25, the company is going multibagger in both profit and popcorn. With an ROCE of 31%, global clientele, and surprisingly clean numbers for an entertainment stock, the question is — can it fly higher or is the climax already priced in?
1️ Introduction with Hook
What do Deadpool, Loki, The Mandalorian, and your last favorite Netflix thriller have in common?
Probably not Basilic Fly.
But give it time.
This Chennai-based VFX house has quietly executed over 10,000 projects, across 900 movies, 2,000+ web series, and 8,000 commercials — while growing at 3-digit CAGR. It IPO’d in 2023, and since then? 📈
- Revenue: Up 12x in 3 years
- PAT: Up 46x
- ROCE: A healthy 31%
- FCF? Still a work in progress 😅
The multibagger crowd is circling. But does Basilic have real juice, or is this another digital illusion?
2️ WTF Do They Even Do? (Business Model)
🧑🎨 Basilic Fly Studio is in the post-production VFX business.
Core services:
- Visual Effects (VFX) for film, OTT, ads
- 2D & 3D conversion (important for Hollywood releases)
- Matchmove, compositing, stereo, CG & environment design
🛰️ Clients are from Hollywood, Canada, UK, etc. — essentially anyone who wants cheaper, faster post without compromising quality.
