Basilic Fly links One of Us access in Europe to India delivery

In H1-FY27, Basilic Fly Studio Limited derived 86% of consolidated revenue from Europe as it paired One of Us-led UK and European creative access with scalable production and delivery in India. The August 2024 majority acquisition of One of Us is central to this model, which separates client-facing creative supervision from India-based technical execution.

How does Basilic Fly use One of Us in Europe?

Basilic Fly uses One of Us to strengthen creative leadership, its premium client portfolio and direct access to the UK and European markets. The majority acquisition, completed in August 2024, added a BAFTA and Emmy-winning VFX business to the group and established One of Us locations in London, UK, and Paris, France. The presentation frames this as an operating model rather than a stand-alone overseas expansion, linking European client-facing teams with production capacity in India.

Europe represented 86% of Basilic Fly’s H1-FY27 revenue, showing the practical importance of that market exposure. North America represented 10%, other regions 3%, and Australia and New Zealand 1%. The presentation does not provide a pre-acquisition geographic revenue split, so it does not quantify revenue attributable to One of Us, but it identifies Europe as the group’s principal market in the half year ended September 30, 2026.

Basilic Fly has also added European production leadership during the Q2/H1-FY27 period. Katy Mummery joined One of Us London as executive producer, bringing more than 15 years of experience across global VFX studios, according to the presentation. Basilic Fly also cites creative supervision by Abishek Nair in the UK, alongside senior VFX and business-development hires including Adrian De Wet and Audrey Ferrara.

What is Basilic Fly’s global VFX delivery model?

Basilic Fly assigns creative leadership, client engagement and project supervision to teams in the UK, Europe and North America, while India handles scalable production, technical execution and delivery. The company provides end-to-end VFX work from creative planning through final delivery for feature films, episodic television, streaming productions, commercials and emerging digital content. This structure links proximity to international clients with Chennai and Pune production operations.

Basilic Fly generates revenue through project-based contracts across feature films, episodic content and streaming productions. Commercial engagements are structured as fixed-price, time-and-material, and multi-project delivery arrangements. The company also operates through direct client relationships and subcontracting engagements, giving it more than one client-engagement route.

Consolidated revenue rose from Rs 102.7 crore in FY24 to Rs 304.1 crore in FY25 and Rs 407.8 crore in FY26. The FY24 earnings before interest, tax, depreciation and amortisation, or EBITDA, margin through July 2024 reflected standalone India operations before One of Us was consolidated in August 2024. That differing basis is relevant when comparing the FY24 margin with subsequent consolidated periods.

In H1-FY27, Basilic Fly reported consolidated revenue of Rs 210.9 crore, up 11.4% year on year, while operational EBITDA was Rs 37 crore, down 15.7% year on year. The operational EBITDA margin was 17.54%, compared with 20.89% in FY26. Standalone H1-FY27 revenue was Rs 55.8 crore, up 2.4% year on year, distinguishing the India standalone business from the consolidated group.

Where does Basilic Fly place creative and production work?

Basilic Fly lists six locations across key markets, with London, Paris and Vancouver complementing Indian hubs in Chennai and Pune. Its network includes Basilic Fly locations in London and Vancouver, One of Us locations in London and Paris, a Pune location, and its Chennai headquarters. The presentation describes the London and Vancouver studios as supporting client-facing and creative execution.

India remains the operational base for production scale. Basilic Fly reported more than 770 team members as of H1-FY27 and more than 11,800 delivered projects, including over 1,260 movies, 2,400 series and 8,160 commercials. These categories support its stated ability to execute domestic productions and international feature-film and episodic assignments.

The presentation names Netflix, Disney+, Warner Bros. Pictures, Apple TV+, StudioCanal and Lucasfilm among the platforms and studios in Basilic Fly’s client and delivery record. During Q2/H1-FY27, it reported delivery of the domestic theatrical project Jailer 2 and international titles including Ahsoka Season 2, Practical Magic 2 and Elsinore. These projects illustrate work handled through the company’s global client relationships and production pipeline.

Basilic Fly says a single integrated technology workflow connects its distributed network. It has locally cached London-based storage at each site, allowing artists to access shared data at local-network speeds without duplicating storage infrastructure. Its Chennai on-site build combined with cloud-burst capacity was completed in the period, and the company says the arrangement reduced cloud costs by 50% while retaining flexibility for peak-demand scaling.

How does Basilic Fly plan to expand this model?

Basilic Fly plans to deepen its presence in Europe and North America while expanding Indian capacity through a Bengaluru studio scheduled to become operational in January 2027. Management targets Bengaluru to handle 40% of total work as headcount doubles. The presentation says hiring is under way and billing from the Bengaluru creative division, established to support One of Us, commenced in October FY25.

The stated roadmap combines targeted geographic expansion with a centralised global delivery hub. Basilic Fly says new locations are intended to widen access to regional talent pools and client ecosystems, while Chennai and Pune provide the operational base. The company’s plan is to serve global productions locally while using an integrated workflow across all locations.

Automation is another disclosed component of the production plan. Basilic Fly is implementing VFX artificial-intelligence tools through a commercially safe generative-AI sandbox and is building automation for production scheduling and reporting. The company says these tools are intended to automate documentation, system monitoring, render-farm management and routine information-technology tasks, while a phased Universal Scene Description rollout has started on a live production.

Conclusion

Basilic Fly’s presentation describes a connected VFX platform in which One of Us provides UK and European creative and client-facing access while Chennai and Pune provide production execution. Europe’s 86% share of H1-FY27 revenue and the increase in consolidated revenue from Rs 102.7 crore in FY24 to Rs 407.8 crore in FY26 show why European access is central to the group’s structure, although FY24 preceded full One of Us consolidation.

The next disclosed milestone is the Bengaluru studio’s scheduled January 2027 start. Management targets the site to account for 40% of total work as headcount doubles, following billing that began in October FY25. Delivery capacity, the 50% cloud-cost reduction cited for the Chennai hybrid infrastructure, and progress in Europe and North America are the disclosed areas to watch as Basilic Fly executes the plan.