Pritish Nandy Communications Limited (PNC) – Q4 & FY 2025‑26 Results Announcement

Date of announcement: 26 May 2026

Introduction

Pritish Nandy Communications Limited (Scrip Code 532387, Symbol: PNC) submitted a press release to the Bombay Stock Exchange Limited and the National Stock Exchange of India Limited, reporting its fourth‑quarter (Q4) and full‑year financial results for FY 2025‑26.

Key Financial Metrics

The larger annual loss is attributed to an exceptional write‑down of content inventory (see below).

Operational Highlights

• “The Royals” (Netflix original series) – Season 1

  • Premiered globally on 9 May 2025.
  • Achieved placement in Netflix’s Global Top 10 shows and was #1 in India’s Top 10.
  • First Indian series to trend in Netflix’s Global Top 10 Non‑English TV Shows across 58 countries.
  • Renewed for a second season; production slated to begin in Q2 of FY 2026‑27.

• “Four More Shots Please!” (Amazon Prime original series) – Season 4

  • Launched globally on 19 December 2025.
  • Continued strong viewership and critical acclaim, reinforcing the brand’s focus on contemporary female friendships and Mumbai‑centric storytelling.

Licensing Agreement & Exceptional Item

• Agreement with Shemaroo Entertainment Limited

  • Granted global broadcasting and streaming rights for 18 titles from PNC’s content library for a period of 11 years.

• Content inventory reassessment

  • Management re‑valued the carrying amount of its content library, incorporating expected future revenues and an external valuation.
  • Write‑down of content cost: ₹ 1,756.09 lakh recorded as an exceptional item.
  • The write‑down has no impact on cash flows and does not affect ongoing operations.

Regulatory & Compliance

• The announcement complies with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by filing the press release with both BSE and NSE.

Summary for Investors

• Revenue growth: Total income rose modestly year‑on‑year, driven by new content releases and licensing deals.
• Profitability pressure: Net loss widened significantly due to a one‑time exceptional write‑down of content assets.
• Content pipeline: Continued investment in original series (“The Royals” Season 2, “Four More Shots Please!” Season 4) suggests a focus on expanding the streaming‑content portfolio.
• Strategic partnership: The long‑term licensing deal with Shemaroo diversifies revenue streams and monetises existing library assets.

Investors should note that the exceptional item is non‑cash and not expected to recur, but the company’s profitability remains constrained until the benefits of its content strategy and licensing agreements materialise.