{"id":35403,"date":"2024-02-16T15:34:53","date_gmt":"2024-02-16T10:04:53","guid":{"rendered":"https:\/\/thedailymetro.in\/index.php\/2024\/02\/16\/phantom-digital-effects-limited-reports-remarkable-103-surge-in-q3-fy24-ebitda\/"},"modified":"2024-02-16T15:34:53","modified_gmt":"2024-02-16T10:04:53","slug":"phantom-digital-effects-limited-reports-remarkable-103-surge-in-q3-fy24-ebitda","status":"publish","type":"post","link":"https:\/\/thedailymetro.in\/index.php\/2024\/02\/16\/phantom-digital-effects-limited-reports-remarkable-103-surge-in-q3-fy24-ebitda\/","title":{"rendered":"Phantom Digital Effects Limited Reports Remarkable 103% Surge in Q3 FY24 EBITDA"},"content":{"rendered":"
\n

Mumbai (Maharashtra) [India], February 16:<\/strong> Phantom Digital Effects Limited (NSE:\u00a0PHANTOMFX),\u00a0a\u00a0creative\u00a0visual effects (VFX) studio, announced its Unaudited Financial Results for 9M\u00a0& Q3\u00a0FY24.<\/p>\n

Key Financial Highlights<\/strong><\/p>\n

\n\n\n\n\n\n\n\n\n\n
\u00a0Particulars (\u20b9\u00a0Cr)<\/td>\nQ3 FY24<\/td>\nQ3 FY23<\/td>\nYoY\u00a0<\/td>\n9M FY24<\/td>\n9M FY23<\/td>\nYoY<\/td>\n<\/tr>\n
Total Income<\/td>\n26.17<\/td>\n13.15<\/td>\n99.01%<\/td>\n67.41<\/td>\n39.62<\/td>\n70.14%<\/td>\n<\/tr>\n
EBITDA<\/td>\n12.06<\/td>\n5.95<\/td>\n102.63%<\/td>\n27.92<\/td>\n17.06<\/td>\n63.64%<\/td>\n<\/tr>\n
EBITDA (%)<\/td>\n46.06<\/td>\n45.24<\/td>\n82 Bps<\/td>\n41.42<\/td>\n43.06<\/td>\n-165\u00a0Bps<\/td>\n<\/tr>\n
Profit Before Tax<\/td>\n10.61<\/td>\n5.38<\/td>\n97.42%<\/td>\n24.24<\/td>\n16.16<\/td>\n50.03%<\/td>\n<\/tr>\n
Net Profit<\/td>\n7.80\u00a0<\/td>\n4.00\u00a0<\/td>\n95.11%<\/td>\n18.20<\/td>\n12.03<\/td>\n51.28%<\/td>\n<\/tr>\n
EPS (Rs)<\/td>\n9.13<\/td>\n5.5<\/td>\n66.00%<\/td>\n21.32<\/td>\n16.55<\/td>\n28.82%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>
Key Financial Highlights<\/strong><\/figcaption><\/figure>\n

Comment on Financial Performance Mr. Bejoy Arputharaj, Director,\u00a0Phantom Digital Effects Limited\u00a0said,\u00a0\u201cWe are elated by the exceptional performance witnessed in Q3 FY24, a testament to the dedication and talent of our team, alongside the trust and confidence bestowed upon us by our esteemed clients. Our growth trajectory owes itself to several key factors. \u00a0 The synergy of our in-house tools and\u00a0softwares, coupled with the unwavering efficiency of our technical team, played a pivotal role in realizing our ambitious projects within remarkably short timelines. \u00a0 During the quarter, we achieved a significant milestone with the successful completion of QIP, a moment of pride for us. The trust shown by a select group of global funds inspires us to redouble our efforts. The funds raised through QIP will facilitate the expansion of our future\u00a0endeavors, propelling the company to new heights. \u00a0 January marked a historic milestone for us with the resounding success of \u201cAyalaan,\u201d a groundbreaking sci-fi phenomenon.\u00a0garnering widespread acclaim for its captivating narrative and unparalleled visual effects from critics and audience. \u00a0 We are thrilled to welcome top-tier talent like Mr. James Abadi to our business development team, strengthening our presence and extending our operations into Europe. Furthermore, in the US, we are capitalizing on promising business opportunities and are currently in the process of acquiring a multiple Oscar,\u00a0Emmy\u00a0and\u00a0BAFTA\u00a0award-winning studio\u00a0to an extent of 3 Mn USD. This strategic move solidifies our position as a global leader in the VFX industry. \u00a0 With the culmination of these factors, we foresee a very positive conclusion to FY24 and anticipate the continuation of our growth trajectory beyond.\u201d<\/p>\n

Highlights for Q3 FY24 (October 2023 \u2013 December 2023)<\/strong><\/p>\n

\n\n\n\n
Company Raises\u00a0Capital via QIP with Top Investors<\/td>\nDuring the quarter, the company raised\u00a0\u20b980 crores through Qualified Institutional Placement (QIP)\u00a0by allotting\u00a019,39,200\u00a0Equity Shares. This includes marquee investors such as\u00a0BofA\u00a0Securities Europe SA-ODI, Morgan Stanley Asia (Singapore) PTE, Absolute Returns Scheme, Resonance Opportunities Fund, NAV Capital VCC\u00a0\u2013\u00a0NAV Capital Emerging Star, and Rajasthan Global Securities Private\u00a0Limited.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>
Highlights for Q3 FY24 <\/strong><\/figcaption><\/figure>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Mumbai (Maharashtra) [India], February 16: Phantom Digital Effects Limited (NSE:\u00a0PHANTOMFX),\u00a0a\u00a0creative\u00a0visual effects (VFX) studio, announced its […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[1328],"class_list":["post-35403","post","type-post","status-publish","format-standard","hentry","category-business","tag-business"],"_links":{"self":[{"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/posts\/35403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/comments?post=35403"}],"version-history":[{"count":0,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/posts\/35403\/revisions"}],"wp:attachment":[{"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/media?parent=35403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/categories?post=35403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thedailymetro.in\/index.php\/wp-json\/wp\/v2\/tags?post=35403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}