- Business
- UFO Moviez India Limited (UFO.NS) operates as India's largest digital cinema distribution network and in-cinema advertising platform, delivering satellite-based content via its proprietary UFO-M4 e-cinema platform and DCI-compliant systems; provides film exhibition services to producers and distributors for same-day releases across more than 11,000 titles in 22 languages; offers in-cinema advertising reaching approximately 1.9 billion viewers annually through 3,859 screens in over 1,300 cities and towns, including 2,250 multiplex and 1,572 single screens; supplies digital cinema equipment such as 2K/4K projectors, servers, 3D systems, sound equipment, and integrated media platforms like IMPACT for ticketing and settlements; and caters to exhibitors with equipment rentals, sales, maintenance, and rural cinema initiatives under Nova Cinemaz. The company serves urban heartland audiences in Tier I, II, and III markets, with operations spanning India and select international locations through subsidiaries including Nova Cinemaz Private Limited, UFO Lanka Private Limited, and Scrabble Entertainment DMCC. Founded in 2004 and headquartered in Mumbai, India, UFO Moviez recently announced the acquisition of United MediaWorks Pvt Ltd's digital cinema deployment business in November 2024; formed a strategic alliance with Miraj Cinemas in November 2025 granting exclusive advertising rights across 239 screens in 49 cities, expanding its multiplex portfolio to over 2,500 screens and total network to more than 4,000; restructured into two strategic business units—Digital Cinema Business and Nova EUC—for enhanced operational efficiency and profitability, achieving its second consecutive profitable year in FY2025; elevated Siddharth Bhardwaj to CEO of the digital cinema business amid a Rs 400 crore reorganization; and implemented a new zonal structure with senior leadership transitions to advisory roles.