Provides visual effects, animation and post-production services to Hollywood and Indian film and streaming studios.
Provides visual effects, animation and post-production services to Hollywood and Indian film and streaming studios.
Earns mostly through DNEG, its larger global VFX studio, which is paid per project on bids with milestones, with India as a lower-cost production base, so artist capacity and project timing swing results. A smaller technology arm sells media-management software to studios.
In one line: A smaller, India-based DNEG/ILM.
Moat: narrow (scale, process know-how). Large global VFX talent pool and studio relationships, though the industry is price-competitive.
Headquarters: Mumbai, India · Founded: 1995 · Employees: 10,200
Size Prime Focus (PFOCUS.NS) is an India Communication Services company (Movies/Entertainment) with a market value of $2.36B, the 342nd largest of 1,058 India companies the cockpit tracks. Shares closed at ₹285.20 on 6 Nov 2026.
Performance Over six months the shares fell 7.3%, against +5.3% for the median peer and 0.0% for the India market (cap-weighted) — 8th lowest of 21 in its peer set.
Growth Revenue grew 29.2% over the last twelve months (peer median +1.6%); the operating margin is 15.8% (peer median 8.5%).
Valuation It trades at 4.5× enterprise value to sales against a peer median of 3.6× (9th most expensive of 21).
Price implies For today's price to make sense, revenue must grow about 26% a year for seven years (Req g). Recent delivered growth is +13%, so the hurdle is +13 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
Capital Return on invested capital runs 10.7 points above its cost of capital (12.1% WACC).
Next results Next results expected around 18 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹49.2B | ₹45.9B | ₹35.4B | ₹39.3B | ₹46.3B |
| Revenue growth | — | +30% | -10% | -15% | — |
| Gross profit | ₹12.0B | ₹9.67B | ₹5.25B | ₹526M | ₹9.30B |
| EBITDA | ₹14.8B | ₹13.4B | ₹7.27B | ₹2.34B | ₹9.58B |
| Net income | ₹1.16B | ₹2.19B | -₹3.77B | -₹4.05B | ₹1.47B |
| Free cash flow | n/a | ₹476M | -₹5.27B | -₹6.78B | -₹2.63B |
| Capital expenditure | n/a | ₹5.32B | ₹3.65B | ₹3.05B | ₹3.60B |
| Total debt | n/a | ₹57.2B | ₹48.8B | ₹48.6B | ₹48.9B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g |
|---|---|---|---|---|---|---|
| Prime Focus PFOCUS.NS | $2.36B | -7% | +29% | 16% | 4.5× | 26.0% |
| Tata Elxsi TATAELXSI.NS | $2.52B | -10% | +10% | 20% | 5.6× | 25.3% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | PFOCUS.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +0.4% | +9.4% | 7th lowest of 21 |
| 6-month return | -7.3% | +5.3% | 8th lowest of 21 |
| Distance from 52-week high | -22.3% | -17.3% | 9th lowest of 21 |
| Revenue growth (TTM) | +29.2% | +1.6% | 2nd highest of 21 |
| Operating margin | 15.8% | 8.5% | 5th highest of 21 |
| EV / Sales | 4.5× | 3.6× | 9th most expensive of 21 |
| Growth the price implies (Req g, 7 yrs) | 26.0% | 5.3% | 3rd most demanding of 15 |
| Growth delivered (Del g) | +12.6% | +19.2% | 5th lowest of 15 |
| Hurdle (Req g minus delivered) | +13.3 pp | -11.6 pp | 4th most demanding of 15 |
| ROIC minus cost of capital | +10.7 pp | -3.1 pp | highest of 21 |
| EV / EBITDA | 15.0× | 8.8× | 3rd most expensive of 11 |
| Net debt / EBITDA | 3.2× | 2.4× | 6th most indebted of 12 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | EV / Sales | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Prime Focus PFOCUS.NS | India | $2.36B | -7% | +29% | 16% | 4.5× | 26.0% | +12.6% |
| Beijing Jetsen Technology 300182.SZ | China | $2.36B | +6% | -23% | 9% | 7.7× | n/a | n/a |
| MSG Rangers MSGR | United States | $2.37B | +1,624% | +2% | -9% | 8.1× | n/a | n/a |
| Shanghai Film 601595.SS | China | $2.40B | +47% | -18% | -2% | 22.6× | 57.0% | +24.4% |
| ROUND ONE 4680.T | Japan | $2.22B | +42% | +21% | 15% | 2.5× | 4.3% | +25.5% |
| China Star Entertainment 0326.HK | Hong Kong | $2.54B | -10% | -69% | -157% | 90.0× | n/a | n/a |
| Songcheng Performance Development 300144.SZ | China | $2.17B | -29% | -15% | 37% | 6.0× | 5.6% | +20.1% |
| Toei 9605.T | Japan | $2.77B | +5% | +3% | 20% | 2.3× | -3.3% | +11.5% |
| Shenzhen Overseas Chinese Town 000069.SZ | China | $2.00B | -25% | -22% | -32% | 4.2× | 1.1% | -17.4% |
| Zhejiang Huace Film & TV 300133.SZ | China | $2.79B | +15% | +44% | 8% | 6.4× | n/a | n/a |
| AMC Entertainment AMC | United States | $2.80B | +109% | +6% | 5% | 1.9× | n/a | n/a |
| Ruyi Film Entertainment 002739.SZ | China | $2.94B | -9% | -8% | 3% | 2.3× | 6.7% | +15.4% |
| United Parks & Resorts PRKS | United States | $1.81B | +2% | -4% | 21% | 2.5× | 0.2% | +30.9% |
| EVT EVT.AX | Australia | $1.78B | +39% | +7% | 9% | 3.0× | 21.0% | +18.0% |
| Damai Entertainment 1060.HK | Hong Kong | $1.74B | -25% | +22% | 6% | 0.7× | -9.1% | +22.0% |
| Itv ITV.L | United Kingdom | $3.23B | -16% | +2% | 13% | 0.9× | -2.8% | +4.8% |
| Atlanta Braves BATRA | United States | $3.23B | +1% | +6% | -9% | 5.3× | n/a | n/a |
| PVR Inox PVRINOX.NS | India | $1.63B | +47% | +14% | 16% | 2.9× | 15.7% | +88.3% |
| Hengdian Entertainment 603103.SS | China | $1.62B | -18% | -27% | -10% | 6.7× | 36.1% | +18.3% |
| Madison Square Garden Entertainment MSGE | United States | $3.65B | +18% | +16% | 17% | 4.1× | 5.0% | +66.9% |
| Tabcorp TAH.AX | Australia | $1.45B | +28% | 0% | 9% | 1.2× | 5.5% | +0.1% |