3B Films loss widens to Rs 1.5749 crore despite revenue growth

3B Films Limited reported a standalone loss of Rs 1.5749 crore for the half year ended September 30, 2026, compared with a loss of Rs 0.9452 crore a year earlier, although revenue from operations rose to Rs 28.0097 crore from Rs 25.7164 crore. Total expenses increased to Rs 30.5574 crore, exceeding total income of Rs 28.9825 crore.

Why did 3B Films' half-year loss widen?

3B Films' loss widened because its Rs 2.2086 crore year-on-year rise in total income did not cover a Rs 2.8383 crore increase in total expenses. Revenue from operations increased by Rs 2.2933 crore, while other income fell to Rs 97.28 lakh from Rs 1.0575 crore. Total income therefore reached Rs 28.9825 crore in the September 2026 half year, compared with Rs 26.7739 crore in the corresponding period of 2025.

The resulting loss before tax was Rs 1.5749 crore, against a loss before tax of Rs 0.9452 crore a year earlier. The statement recorded no current or deferred tax expense for the September 2026 half year, leaving the loss for the period at Rs 1.5749 crore. No exceptional or extraordinary items were reported in either of the two half-year periods.

The immediately preceding half year, ended March 31, 2026, produced profit before tax of Rs 3.0641 crore. Revenue from operations then stood at Rs 34.2965 crore, compared with Rs 28.0097 crore in the September 2026 half, while total expenses were Rs 32.132 crore. The period-on-period shift reflects revenue declining by Rs 6.2868 crore while expenses declined by a smaller Rs 1.5746 crore.

Which costs changed for 3B Films in September 2026?

3B Films recorded a Rs 4.4312 crore increase in cost of materials consumed, which was the largest disclosed expense movement. Materials consumed rose to Rs 20.408 crore in the half year ended September 30, 2026, from Rs 15.9768 crore in the previous year's half. This increase was larger than the Rs 2.2933 crore growth in revenue from operations.

Depreciation and amortisation increased to Rs 3.4009 crore from Rs 2.9934 crore, while employee benefits expense was Rs 1.4381 crore against Rs 1.4482 crore. Property, plant and equipment stood at Rs 83.2899 crore on September 30, 2026, compared with Rs 79.897 crore a year earlier. The higher depreciation charge occurred alongside this Rs 3.3929 crore increase in property, plant and equipment.

Other disclosed costs moved lower. Other expenses declined to Rs 3.603 crore from Rs 5.2244 crore, a decrease of Rs 1.6214 crore, and finance costs fell to Rs 2.197 crore from Rs 2.5553 crore. Changes in inventories of finished goods and work-in-progress were negative Rs 48.96 lakh, broadly similar to negative Rs 47.90 lakh a year earlier.

The expense mix also changed from the half year ended March 31, 2026. Materials consumed were Rs 22.0099 crore in that period, Rs 1.6019 crore above the September 2026 amount, whereas depreciation was Rs 2.9211 crore and other expenses were Rs 3.1518 crore. Finance costs fell to Rs 2.197 crore from Rs 2.3851 crore between the two consecutive half years.

How did 3B Films' borrowings and net worth change?

3B Films' borrowings rose to Rs 106.642 crore on September 30, 2026 from Rs 100.4616 crore on March 31, 2026. Long-term borrowings increased to Rs 73.4783 crore from Rs 69.9442 crore, and short-term borrowings rose to Rs 33.1636 crore from Rs 30.5174 crore. Compared with September 30, 2025, long-term borrowings were lower than Rs 76.8075 crore but short-term borrowings exceeded Rs 23.1098 crore.

Shareholders' funds declined to Rs 51.6035 crore from Rs 53.1785 crore over the six months to September 2026. Share capital was unchanged at Rs 24.77 crore, while reserves and surplus declined to Rs 26.8335 crore from Rs 28.4085 crore. The Rs 1.575 crore decline in reserves and surplus closely corresponds to the Rs 1.5749 crore loss reported for the period.

Total assets were Rs 179.7323 crore at September 30, 2026, compared with Rs 180.3872 crore at March 31, 2026. Inventories rose to Rs 59.4944 crore from Rs 56.7945 crore, while trade receivables decreased to Rs 28.5948 crore from Rs 33.093 crore. Cash and bank balances increased to Rs 6.12 lakh from Rs 2.06 lakh, but remained below Rs 11.57 lakh a year earlier.

What do 3B Films' half-year cash flows show?

3B Films generated Rs 14.71 lakh of net cash from operating activities in the half year ended September 30, 2026, compared with net cash used in operating activities of Rs 8.7725 crore in the corresponding 2025 half. The cash-flow statement started with a pre-tax loss of Rs 1.5749 crore and included Rs 2.197 crore of interest expense and Rs 3.4009 crore of depreciation and amortisation.

Investing activities used Rs 4.0898 crore during the September 2026 half, entirely shown as purchases of property, plant and equipment and intangible assets. That outflow was higher than Rs 2.106 crore in the comparable 2025 half. At September 30, 2026, property, plant and equipment were Rs 83.2899 crore and intangible assets were Rs 95.64 lakh.

Financing activities generated Rs 3.9833 crore, compared with Rs 10.9012 crore in the year-earlier half. The latest financing inflow included Rs 3.5341 crore of proceeds from long-term borrowings and Rs 2.6462 crore from short-term borrowings, offset partly by interest paid of Rs 2.197 crore. Net cash increased by Rs 4.06 lakh, bringing closing cash and cash equivalents to Rs 6.12 lakh from Rs 2.06 lakh at the start of the half year.

The filing presents the September 2026 figures as unaudited standalone results dated November 6, 2026. Basic and diluted loss per equity share were each Rs 0.64 for the period, compared with basic and diluted earnings per share of Rs 1.12 in the half year ended March 31, 2026. The results do not disclose a separate operating segment or product-level revenue split.

Conclusion

3B Films' September 2026 standalone results show that higher revenue did not absorb the rise in material costs and depreciation. Revenue increased to Rs 28.0097 crore, but total expenses reached Rs 30.5574 crore and the loss widened to Rs 1.5749 crore. Meanwhile, shareholders' funds declined to Rs 51.6035 crore and aggregate borrowings rose to Rs 106.642 crore.

The filing does not disclose a forward target, operating plan or scheduled corporate event. The next reported results will clarify whether revenue changes from Rs 28.0097 crore, material consumption changes from Rs 20.408 crore, and the Rs 14.71 lakh operating cash inflow are sustained, while borrowings remain at or move from Rs 106.642 crore.