- #233 Naresh Malhotra & family ₹16,000 Cr

About Dneg India Media Services Limited
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Dneg India Media Services Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Prime Focus World N.V.. It operates in the film and digital content production segment of the media and publishing sector. It was incorporated on 27 March 2006 and has been in existence for over 20 years.
Its director Naresh Malhotra and family are #233 among India's richest people (2026).
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN U70100MH2006PLC160748. Its GSTIN is 27AAFCA8982R2ZM (Maharashtra). The company holds 11 GST registrations, of which 10 are active.
The company has an authorised share capital of ₹98.42 Cr and a paid-up capital of ₹98.08 Cr. It was formerly known as Digital Media Imaging Limited and Aaa Digital Imaging Limited. It is led by directors including Delna Dhanjishaw Dhamodiwala (Whole-Time Director) and Merzin Darayus Tavaria (Whole-Time Director).
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at H Main Frame IT Park, Mumbai, Maharashtra.
As per the financials filed for FY 2025, the company reported a revenue of ₹954.49 Cr, a decline of 9% compared to the previous year. For the same year it recorded a net loss of ₹32 Cr (net margin -3.4%) and EBITDA of ₹96.85 Cr (EBITDA margin 10.1%). Revenue has grown at a compounded annual rate (CAGR) of 8% over three years and 10% over five years.
The company has about 6,148 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 2 brands: Prime Focus and DNEG. As per MCA filings, the company has open charges of ₹197.28 Cr and satisfied charges of ₹510.67 Cr on record. Court records list 14 cases involving the company, including 6 filed by the company and 8 filed against it; 7 cases are pending. The company has 13 deals on record (8 secondary share transfers, 4 funding rounds, 1 acquisition), with disclosed funding of ₹238.12 Cr; the latest was in March 2024.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website dneg.com.
Company details
Name history
Dneg India Media Services has undergone 8 name changes throughout its history. The current legal name is Dneg India Media Services Limited.
| Company Name | Status |
|---|---|
| Dneg India Media Services Limited | Current |
| Digital Media Imaging Limited | Previous |
| Aaa Digital Imaging Limited | Previous |
| Reliance Mediaworks Entertainment Services Limited | Previous |
| Prime Focus Entertainment Services Limited | Previous |
| Aaa Infrastructure Investment Private Limited | Previous |
| Aaa Digital Imaging Limited | Previous |
| Aaa Digital Imaging Private Limited | Previous |
| Gener8 India Media Services Limited | Previous |
CIN history
Dneg India Media Services has one previous CIN (Corporate Identification Number): U70100MH2006PTC160748. The current CIN is U70100MH2006PLC160748, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| U70100MH2006PLC160748 | Current |
| U70100MH2006PTC160748 | Previous |
Recognitions & Rankings of Dneg India Media Services
Contact details
Dneg India Media Services Limited's registered office is in Mumbai, Maharashtra. Its website is dneg.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered Address2nd Floor Building – H Main Frame IT Park Royal Palms Near Aarey Colony Goregaon, (East), Mumbai, Maharashtra, India – 400065
- IndustryMedia and Publishing, Film & Digital Content Production
To see the full contact details of Dneg India Media Services Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Dneg India Media Services operates two associated brands: Prime Focus and DNEG. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| End-to-end post-production services, including visual effects and animation, are provided. | primefocus.com | |
| Provider of visual effects & animation studios for feature film and television | dneg.com |
Business activity
The main business activity of Dneg India Media Services is information and communication. In detail, this covers motion picture, video and television programme production, sound recording and music publishing activities.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| J | Information and communication | J3 | Motion picture, video and television programme production, sound recording and music publishing activities |
To see the full business activity and turnover split of Dneg India Media Services Limited, buy the company report.
Financials of Dneg India Media Services Limited
FY 2025 filings availableDneg India Media Services Limited reported revenue of ₹954.49 Cr (down 9% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR)
Revenue fell 9% in the latest year, but over five years it has grown at a compounded annual rate (CAGR) of 10%. EBITDA fell 35% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| EBITDA | ₹96.85 Cr | ||||
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| Net Profit (PAT) | -₹32 Cr | ||||
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Financial Ratios
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
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| Profitability | |||||
| EBITDA Margin | 10.1% | ||||
| Net Profit Margin | -3.4% | ||||
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To see the full financial statements and ratios of Dneg India Media Services Limited, buy the company report.
Board of directors of Dneg India Media Services Limited
Dneg India Media Services has 5 current directors and 25 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Delna Dhanjishaw Dhamodiwala Also directs: Brahma AI India Technologies Private Limited | Whole-Time Director | 30 Sep 2022 | 4 Years 1 Months | Current |
| Naresh Mahendranath Malhotra Also directs: Prime Focus Limited, Zeta Films Private Limited, Davinci Concrete Technology Private Limited and 5 more | Director | 08 Apr 2015 | 11 Years 7 Months | Current |
| Devarajan Samu | Director | 15 Dec 2022 | 3 Years 10 Months | Current |
| Merzin Darayus Tavaria Also directs: Enigma Creative Services LLP | Whole-Time Director | 01 Mar 2019 | 7 Years 8 Months | Current |
| Bharat Shashikumar Dighe | Additional Director | 13 Aug 2025 | 1 Years 2 Months | Current |
Auditor
Dneg India Media Services Limited is audited by Deloitte Haskins & Sells for the financial year 2022.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| Deloitte Haskins & Sells | FY 2022 | 117364W / W100739 |
Shareholding
The shareholding of Dneg India Media Services Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Dneg India Media Services Limited, buy the company report.
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 24 Jan 2025 | 101092324 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 24 Jan 2025 | 101048743 | Hdfc Bank Limited | ₹2 Cr | Open | |
| 30 Nov 2024 | 101016897 | Others | ₹1.46 Cr | Open | |
| 30 Sep 2024 | 100992718 | Others | ₹55 Lakh | Open | |
| 05 Sep 2024 | 100980888 | Others | ₹55 Lakh | Open |
To see the full charge records of Dneg India Media Services Limited, buy the company report.
Total charge records: 18 View all charges
Deals & funding
Dneg India Media Services Limited has 13 deals on record (8 secondary share transfers, 4 funding rounds, 1 acquisition), with disclosed funding of ₹238.12 Cr; the latest was in March 2024.
Deals on record (5 of 13)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Feb 2019 | Secondary share transfer | Undisclosed | Buyer: DNEG Creative Services Limited & Merzin Tavaria, DNEG Creative Services Limited & Vikas Rathee, DNEG Creative Services Limited & Naresh Malhotra Seller: Prime Focus Limited & Vikas Rathee, Prime Focus Limited & Naresh Malhotra, Prime Focus Limited & Ramakrishnan Sankaranarayanan |
| Oct 2018 | Secondary share transfer | Undisclosed | Seller: Prime Focus Limited |
| Sep 2018 | Acquisition | ₹97.02 Cr | Buyer: Prime Focus Limited |
| Apr 2015 | Secondary share transfer | Undisclosed | Buyer: Prime Focus Limited Seller: Reliance Media Works Limited |
| Apr 2015 | Secondary share transfer | Undisclosed | Buyer: Prime Focus Limited & Nishant Fadia, Prime Focus Limited , Prime Focus Limited & Merzin Tavaria Seller: Reliance Media Works Limited, Reliance Media Works Limited & Venkat Devarajan, Reliance Media Works Limited & Mohan Umrotkar |
To see the full deal history of Dneg India Media Services Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Dneg India Media Services Limited has 14 court cases on record: 6 filed by Dneg India Media Services, 8 filed against it. 7 cases are pending and 7 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 7 | 6 | 1 |
| District courts | 3 | 0 | 3 |
| NCLT | 2 | 0 | 1 |
| NCLAT | 2 | 2 | 2 |
Cases on record (5 of 14)
| Court | Type of case | Party | Status |
|---|---|---|---|
| NCLAT, NCLAT New Delhi | Court case (Competition Appeal(AT)) | Filed against the company by Qube Cinema Technologies Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Cases) | Filed by the company against M/S. R A T Films LLP and 3 Ors. | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Interim or miscellaneous application | Filed by the company against Happy Valley Film Company LLP and 2 Ors. | Pending |
| High Court, TAMIL NADU | Original application | Filed by the company against M/S.Rattha Holding Company Private Limited, | Pending |
| High Court | Court case (CARAP) | Filed against the company by Allu Mantena Media Ventures LLP | Disposed |
To see the full case history of Dneg India Media Services Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Dneg India Media Services Limited was last rated by Indiarating on 24 May 2021.
| Rating agency | Rated on | Rating |
|---|---|---|
| Indiarating | 24 May 2021 |
To see the full credit ratings and regulatory alerts of Dneg India Media Services Limited, buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Dneg India Media Services Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
Group structure & subsidiaries
Dneg India Media Services has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Prime Focus Academy of Media and Entertainment Studies Private Limited | U74110MH2016PTC281032 |
To see the full group structure of Dneg India Media Services Limited, buy the company report.
Employees & EPFO
Dneg India Media Services Limited has a workforce of 6,148 employees on its EPFO records as of May 2026, across 1 active EPFO establishment.
Headcount by financial year
| Financial year | Employees (EPFO) |
|---|---|
| FY 2026-27 | 6,148 |
| FY 2025-26 | |
| FY 2024-25 | |
| FY 2023-24 | |
| FY 2022-23 | |
| FY 2021-22 | |
| FY 2020-21 | |
| FY 2019-20 | |
| FY 2018-19 | |
| FY 2017-18 | |
| FY 2016-17 |
To see the full employee and EPFO history of Dneg India Media Services Limited, buy the company report.
GST
Dneg India Media Services has 11 GST registrations: 10 active and 1 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCA8982R2ZM | Maharashtra | Active | 30 Aug 2017 |
| 03AAFCA8982R1ZX | Punjab | Active | 12 Jul 2017 |
| 30AAFCA8982R1Z0 | Goa | Active | 01 Feb 2018 |
| 36AAFCA8982R1ZO | Telangana | Active | 02 Feb 2018 |
To see the full GST registrations and return filing status of Dneg India Media Services Limited, buy the company report.
Recent activity
Dneg India Media Services Limited has 29 board changes on record since 2007: 7 appointments and 22 cessations. The latest: Bharat Shashikumar Dighe was appointed as Additional Director on 13 Aug 2025.
46 earlier events are in the company report.
Frequently asked questions
Dneg India Media Services is an active public limited company based in Mumbai, Maharashtra, India. The company works in film and digital content production, within the media and publishing industry. It was incorporated on 27 March 2006 (20+ years old) and is registered under CIN U70100MH2006PLC160748.
Dneg India Media Services has 5 current directors:
- Delna Dhanjishaw Dhamodiwala - Whole-Time Director
- Merzin Darayus Tavaria - Whole-Time Director
- Naresh Mahendranath Malhotra - Director
- Devarajan Samu - Director
- Bharat Shashikumar Dighe - Additional Director
The latest financial statements of Dneg India Media Services on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Dneg India Media Services is 27AAFCA8982R2ZM, registered in Maharashtra. The company has 11 GST registrations in all, of which 10 are active and 1 is cancelled or inactive. Other active GSTINs include 03AAFCA8982R1ZX (Punjab), 30AAFCA8982R1Z0 (Goa), 36AAFCA8982R1ZO (Telangana).
The CIN (Corporate Identification Number) of Dneg India Media Services is U70100MH2006PLC160748. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Dneg India Media Services has 14 court cases on record: 6 filed by the company and 8 filed against it. 7 are pending. Most are in the high courts.
Dneg India Media Services was incorporated on 27 March 2006, making it 20+ years old. It is registered with the Registrar of Companies, Mumbai.
Dneg India Media Services has 13 deals on record (8 secondary share transfers, 4 funding rounds, 1 acquisition), with disclosed funding of ₹238.12 Cr; the latest was in March 2024.
Bharat Shashikumar Dighe was appointed as Additional Director on 13 Aug 2025. Devarajan Samu ceased to be Additional Director on 28 Sep 2023. Devarajan Samu was appointed as Director on 15 Dec 2022. Dneg India Media Services has 29 board changes on record in total.
Dneg India Media Services can be reached through the website dneg.com. Its registered office is in Mumbai, Maharashtra, India.

