Respected, Valued & Esteemed shareholders,
We meet up a little earlier, this calendar year, than we normally do, with a two fold purpose; Firstly, to apprise in person of developments, both constructive & creative, that not only chiseled last years performance & furthered the companys prospects, but, secondly & importantly, to share with our loyal shareholders, a vision for the years ahead!
As our valued shareholders are well aware, your company has moved on from being just a media outlet, producing television shows for the vast & varied satellite channels, to becoming developers, too!
As notified to our shareholders in our management discussion & analysis, in the past, we reiterate, it was at first, only a thought, that propelled the change, in your companys charter & prompted action, resurgence & movement, along the right path!
“Making a decision, is one thing;
Taking action, is something else entirely!!!”
Thats where your company has scored!
Deciding to change the end use of the studio parcel of land, post the advent of the pandemic, was the Best Decision, your management could have taken;
Acting on that decision, implementing it, circumventing all the hits & misses of not finding the right partner, the immense frustration of being let down many a time, then gathering yourself, once again, to fight the battle, believing you will emerge stronger & wiser, at the end of the day, is where your Company and its management scored, emerging finally as Winners!
It took all the above & a little more, before we inked the joint development project, with KRCREPL on the 29th day of May 2023!
A little over 3 years, now!
But then, so much has happened over this passage of time & so much has changed, for the Better!
They say:
“Work Hard in Silence;
Let your success be your noise!”
Yes, that is what the KRC joint development project, will achieve for your company! Work started on the project in November2024, 17 months after we registered the joint development agreement on 29/5/2023!
Today, 20 months later, it is a matter of immense pride, pleasure & happiness, to see & witness, a milestone in the making, at the junction of JVLR & LBS Marg.
It took us painstakingly long, to find the right partner, besides unfathomable effort & heartburns, but then, you cannot pursue the 7th largest developer in the country & hope for things to fall into place, overnight!
“If you focus on success, you will have stress;
But, if you pursue excellence, success will be guaranteed!”
Thats what your companys MD was after;
Pursuing a partner whose passion was Excellence, which walked, hand in hand with success!!!
“Every job looks easy, when youre not the one doing it;
Because, the challenges faced by someone in the arena, are often invisible to the crowd!” It took your management a good 3 years of unstinted effort, dedication, determination & finally, Divine assistance, to see the fruitful culmination of this task & the challenges that surfaced along the way!
Unimaginable, but true, to the ‘T!
Were voicing this, only to make you aware of how difficult it was to get this joint development project, between your company & KRC, on the studio parcel of land, inked & see it, to its finishing line!
In the long run, all our valued & loyal shareholders will realize, that entering into a joint development agreement, was the absolute correct decision made by the management, in the interests of all stakeholders concerned, as against an outright sale!!!
At the end of the Financial Year, ended 2025-2026, weve received a total of 35.37 Crores/- as our share of revenue, to date! (This includes sums, received in the Financial Year 2024 - 2025, too.)
The project will see its completion only by November2029.
A good 3.5 years, ahead!
A Time, when your senior management, needs to be on top of everything, that is happening, before the project reaches its finishing line!
We would like to share with our esteemed shareholders here, that your company will continue to make strategic investments in land & building, and in projects, where we see a potential for growth & profitability, in the future!
The next 3/4 years will be of great significance & importance, in many ways & it is your managements desire & wish, to push for progress, to the advantage of all our stakeholders, in the times ahead, thereby creating not only positive goodwill for the company, but ensuring growth, too!
The trick in any field is to, they say;
“Plan like a pessimist, but dream like an optimist!
Progress requires optimism & pessimism to coexist!”
Wise words to seek inspiration from & learn!
Wisdom in them!!!
“Planning is important;
But, the most important part of any plan, is to plan on the plan, not going according to plan!!!”
Thats what we shall try & follow;
Make contingencies for things not going, as worked upon or intended!
Keeping safeguards!
And now, coming to your YT channels, on the Google platform!
Weve 6 of them, as outlined in the inner cover of the front page, of our Annual Report for 2025-2026.
Cinevista Classics, our premier channel, has garnered in its fold, 8,11,727 subscribers, to date, as we send out, the IAR, to all our esteemed & valued shareholders!
It has in its entirety 386.5 million views & a watch time of 10.9 million hours, to its credit, to date!
Were looking forward to touching a million subscribers, in the near future!
That will be a true milestone achieved by your company & well deservedly, sirs!
Swift & Fast, a youth focused channel, has in its fold, 1,56,113 subscribers to date, 91.7 million views, 711.5 thousand hours of watch time!
Cinevista Entertainment has 10,903 subscribers, 7.1 million views & 138.6 thousand of watch time hours, in its fold, right now!
Gyan Sagar is a very recent addition;
Its Cinevista Limiteds entry into the music business & industry.
Then, weve 2 regional channels;
Cinevista Marathi &
Cinevista Gujarati.
We will, in the near future, be launching a Kannada channel, as well as a Malayalam channel, to add to the bouquet of our already existing channels!
Though late entrants, to the You Tube business, weve made a mark, so to say!
Its a slow growing business, but, once established, is a winner, all the way!
Were putting our best foot forward, as the saying goes, to ensure, we get up there, where it matters!
Time & Patience, will pay off, in the long run!
And finally, before rounding off, we, the management, would like to earnestly state:
Weve come a long way But, at times, we feel,
Like weve only just begun;
For there is still so much, to say, to tell &
The Best HAS YET TO Come!!!
There are some things in the pipeline, which were working on, with intense fervour & zest! Once weve total clarity with regard to the same, we will share the same, with our valued shareholders, on an immediate basis!
The idea being, to create new & meaningful streams of revenue, that augment growth, tap our potential & enhance our value & visibility!
“They say, you get this life only once, but, if you stay by it rightly, once is enough!” Having control over your time, is the highest dividend, money can PAY!
Wish our esteemed, loyal & valued shareholders, happy times ahead, prosperity & pray, when we meet next, we celebrate new milestones crafted & awaiting takeoff!!!
Sincere Regards.
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