What we do Identical Brains Studios Ltd provides advanced computer-generated visual effects (VFX) services for films, TV series, documentaries, and commercials, serving major Bollywood studios. |
Founded in 2,019 |
Market share Emerging prominent player in India's VFX industry with expanding presence in film and content production markets. |
Problem solved Transforms creative ideas into captivating visual realities enhancing storytelling and audience engagement in film and media. |
Top clients or who we serve Leading film and content producers including major Bollywood studios; B2B focused service provider in entertainment industry. |
Key management Raghvendra Rai, Managing Director, ~10 years VFX industry experience, leads innovation and proprietary workflow development. |
Our journey and innovations Founded in 2019; transitioned from OPC to publicly listed company in 2024; developed proprietary VFX workflows; executed projects on blockbuster films and series. |
Where we operate Operations based in India with projects for major domestic film and media houses; expanding studios in Palghar and Lucknow. |
Top products or what we offer Comprehensive VFX services for films, web series, TV shows, commercials; video production and distribution services. |
Top brands Scam 1992, Satyamev Jayate 2, Rocket Boys, Adipurush, Indian 2, Dream Girl 2; acclaimed projects boosting brand recognition. |
Raw materials needed - |
Raw materials supplier - |
Recurring vs cyclical contribution Revenue primarily from project-based contracts, cyclical with film and media production cycles. |
Our industry position Well-positioned as a competitive VFX service provider with growing market share and expanding clientele in India. |
Financial highlights FY2024-25 revenue Rs 25.48 Cr; net profit Rs 3.95 Cr; growth driven by increased project scale and IPO raise of Rs 19.95 Cr. |
Geographical revenue split Revenue primarily from Indian film and media producers; no significant international operations yet. |
Order book - |
Whats driving growth Growing demand for high-quality VFX in Indian film and web content; expanded operations and investments post-IPO. |
Our future plans Expand studio operations; increase project capacity; invest in advanced technologies to capture larger market share. |
Our green promise - |
Our people and values Team of qualified, creative, and technical professionals fostering innovation and efficient delivery in a collaborative culture. |
Key challenges ahead Managing cyclical industry demand; sustaining innovation; scaling operations without quality compromise. |
Interesting facts Rapid growth from 2019 inception to IPO in 2024; contributed to several blockbuster Indian films and acclaimed web series. |
Risks and strategy Industry cyclicality and intense competition addressed through technology investment, diversified projects, and strong client relationships. |