Cinedozecomthe Sabarmati Report 2024 Mlsbd Link -

| Metric (FY‑24 FY‑28) | FY‑24 (Est.) | FY‑25 (Proj.) | FY‑26 (Proj.) | FY‑27 (Proj.) | FY‑28 (Proj.) | |----------------------|-------------|--------------|--------------|--------------|--------------| | Revenue (₹ cr) | 68 | 210 | 285 | 340 | 380 | | EBITDA (₹ cr) | 12 | 59 | 81 | 96 | 108 | | EBITDA % | 18 % | 28 % | 28 % | 28 % | 28 % | | Net Debt/EBITDA | 1.2× | 0.9× | 0.7× | 0.5× | 0.4× | | Cash‑flow from Ops. (₹ cr) | 8 | 52 | 70 | 84 | 95 | | IRR (project life) | — | 19.4 % | — | — | — | | Payback Period | — | 3.8 years | — | — | — |

Assumptions: ticket price growth 8 % YoY, F&B uplift 10 % YoY, occupancy ramp‑up to 70 % by FY‑25, inflation 5 % p.a.

| Source | Amount (₹ cr) | Instrument | Tenure / Rate | Lender | |--------|---------------|------------|--------------|--------| | Equity (CineDoze India) | 150 | Preference shares (8 % cumulative) | – | – | | Mezzanine | 150 | Sub‑debt | 12 % | Axis Bank | | Term Loan | 200 | Term loan | 9.2 % (floating) | State Bank of India | | Government Grant | 30 | Capital subsidy (non‑repayable) | – | Gujarat Tourism Board | | Total Capital | 530 (ex‑grant) / 560 (incl. grant) | – | – | – | cinedozecomthe sabarmati report 2024 mlsbd link

Debt service coverage ratio (DSCR) in FY‑25 projected at 1.45×, comfortably above the 1.20× covenant.

(If you encounter access restrictions, contact MLSBD Help‑Desk at +91‑22‑2654 8000 or email projectinfo@mlsbd.gov.in for a temporary read‑only token.) | Metric (FY‑24 FY‑28) | FY‑24 (Est

Prepared by:
Analyst – Entertainment & Infrastructure Desk
Date: 10 Apr 2026

All figures are based on publicly‑available data and internal financial modeling as of 30 Mar 2024. No proprietary or non‑public information has been disclosed. | Source | Amount (₹ cr) | Instrument

Released on November 15, 2024, The Sabarmati Report is a political drama directed by Dheeraj Sarna starring Vikrant Massey, Raashii Khanna, and Riddhi Dogra that explores the 2002 Godhra train burning incident and subsequent media narratives. The film has garnered a mixed reception, with praise for the lead performances countered by critical debates regarding its handling of sensitive subject matter and potential propaganda elements. Viewers can stream the movie on The Sabarmati Report (2024)