Prime Focus (PFOCUS) Investor presentation summary

Business model and market position

• Integrated creative-services platform spans VFX, animation, stereo conversion, production services, immersive experiences and enterprise AI content tools.

• FY26 revenue was INR 4,676 Cr, with ~94% generated outside India; operations covered 24 locations and employed 10,200+ people, ~75% based in India.

• Contracted and confirmed orderbook exceeded $600M as of June 30, 2026; broader prospective pipeline was excluded.

• Scale, global delivery, proprietary technology and India-based talent are positioned as competitive advantages in a fragmented VFX and animation market.

Market opportunities and operating capabilities

• 2025E VFX and animation spend was estimated at $7–8B across feature and episodic content, including $3.5–4B for premium productions.

• Demand opportunities extend from film and streaming into immersive experiences, gaming and enterprise content technology.

• Production work is paid through contract milestones tied to completion, rather than release dates; final change orders can add up to 20% of base contract value.

• Global infrastructure includes ~400,000 CPU render cores, 400,000+ cloud render cores and ~70 PB of production storage; tools and workflows support secure, distributed delivery.

• Creative-services credentials include 8 Academy Awards, 67 Visual Effects Society Awards and long-standing relationships with major studios and streamers.

Brahma AI

• Brahma AI combines enterprise media asset management with AI content creation, localization, digital humans and deployment capabilities through Core, Studio and Labs.

• Platform metrics included 90M+ managed assets, 90+ home-grown AI engines, 19 patents and 550+ product and technology personnel.

• On September 23, 2026, Brahma AI announced a $150M raise at a $2B post-money valuation, led by funds managed by Multiples Alternate Asset Management.

• Subject to approvals and other conditions, Double Negative Holdings was to retain a 65.67% economic interest while voting interest fell to 24.99%; proceeds target talent, technology, infrastructure and international expansion.

• A multi-year strategic partnership with Google Cloud was announced to scale high-fidelity interactive digital humans.