VFX industry is experiencing strong growth, says Arputharaj
Following its recent expansion into the US and China, Chennai-based Phantom Digital Effects Limited (NSE: PHANTOMFX) has secured new high-value contracts worth Rs.72 crores for the current year.
These projects are expected to be completed by the fourth quarter of FY25-26, with the total value potentially rising to Rs.110 crores, including projects that are currently in final stages of bidding or about to be awarded, Phantom said on 2 June https://www.bseindia.com/.
These new deals span both international and domestic markets and mark a significant milestone in the company’s growth journey in the global visual effects (VFX) industry https://www.nseindia.com/.
PhantomFX’s is already showing strong results, while the company continues to maintain its solid presence in the Indian market.
This momentum reflects the company’s consistent focus on acquiring new business through strategic expansion and targeted acquisitions. It also highlights PhantomFX’s ability to deliver world-class VFX solutions to top production houses around the world https://fieo.org/.
With this strong pipeline, PhantomFX is well-positioned for substantial revenue growth and increased market presence in FY25-26. These wins further strengthen its position as a trusted and capable partner in the fast-growing global VFX industry.
“With rising global demand and exciting new projects, PhantomFX is entering a new growth phase,” said Bejoy Arputharaj S, Managing Director, Phantom.
“The global VFX industry is experiencing strong growth, fueled by the revival of content production across films, OTT platforms, and gaming. As studios ramp up their pipelines to meet increasing audience demand, there is a clear shift toward high-quality, large-scale visual effects https://www.meity.gov.in/.
“This trend is creating new opportunities for skilled VFX studios that can deliver creativity at scale with reliability and speed,” he said.
The company is currently in advanced discussions for several large projects that will span multiple production cycles, requiring robust planning and resource deployment.
“To meet this rising demand, we are actively investing in expanding our talent base, strengthening infrastructure, and exploring strategic partnerships,” Arputharaj said https://sbi.com.in/.
“Our consistent performance and reputation for quality have helped us build a strong project pipeline, and with significant billing expected in the coming months, we remain confident about accelerating our growth and reinforcing our position as a leading global VFX partner.”
PhantomFX (NSE: PHANTOMFX) is a leading creative visual effects (VFX) studio offering end-to-end services for film, web series, and commercials. The company holds the prestigious Certified Trusted Partner Network (TPN) designation.
The company has additional offices in the United States and Canada. PhantomFX is strategically located in three key Indian cities, namely Mumbai, Chennai, and Hyderabad, and extends its global reach through a wholly-owned subsidiary in the UK and administrative offices in Los Angeles, Vancouver, Montreal, and Dubai, facilitating seamless coordination with clients across different time zones. Fiinews.com
