Production House MAJOR Hindi World #1 YouTube · Music + Cinema
T-Series Films
Founded 1983  ·  Noida  ·  Bhushan Kumar  ·  OTT: Multiple
Founded
1983
Gulshan Kumar · Bhushan Kumar now
YouTube
#1 Global
Most subscribed channel in the world
Animal
₹556 Cr
India net all versions — biggest 2023
Kabir Singh
₹379 Cr
India net · Shahid Kapoor
Drishyam 3
Oct 2, 2026
Gandhi Jayanti · Ajay Devgn
Music buffer
Unique moat
YouTube revenue absorbs film risk
AnalysisBoxoffy Intelligence
Boxoffy · Box Office Intelligence · Updated March 2026
The world's most subscribed YouTube channel generating music royalties that subsidise the film division's risk. T-Series is the only production house in India that can make films as a loss-leader for music rights. Co-produces extensively across Bollywood — almost every major Hindi film has a T-Series music angle. Animal (2023) at ₹556 Cr India net and Kabir Singh (₹379 Cr) are among the most divisive yet profitable films of their respective years. Bhool Bhulaiyaa 3 (Oct 2024) crossed ₹240 Cr India. Animal Park (Animal sequel, Ranbir + Sandeep Reddy Vanga) is in development — if it delivers, T-Series holds two of Bollywood's most profitable franchise sequels simultaneously with Drishyam 3.
Boxoffy Note
Bhushan Kumar inherited T-Series from his father Gulshan Kumar, who was murdered in 1997. The company's survival story is inseparable from its aggressive growth trajectory post-1997.
ProfileStudio Profile
Founded
1983
Founder
Gulshan Kumar
Current Head
Bhushan Kumar
Headquarters
Noida
Languages
Hindi
Tier
MAJOR
OTT Partner
Multiple
FilmographyKey Films
Kabir Singh
Tanhaji
Bhool Bhulaiyaa 2
Drishyam 2
Animal
Aashiqui 2
De De Pyaar De
Active IPFranchises & Cinematic Universes
Bhool Bhulaiyaa
Drishyam
Aashiqui
Pipeline2026 Slate & Upcoming
Bhool Bhulaiyaa 3 — RELEASED Oct 2024 · Kartik Aaryan · Crossed ₹240 Cr India · Franchise continues
Drishyam 3 — Oct 2, 2026 (Gandhi Jayanti) · Ajay Devgn · T-Series co-production with Ajay Devgn FFilms
Animal Park — TBA · Sequel to Animal (2023, ₹556 Cr India) · Sandeep Reddy Vanga + Ranbir Kapoor · No confirmed date
Aashiqui 3 — TBA · T-Series franchise · Anurag Basu directing · No confirmed cast or date
FinanceEstimated Market Valuation
₹12,000–18,000 Cr
ESTIMATED
Estimated · YouTube channel (₹5,000–8,000 Cr standalone) + music catalogue + film library; India's largest music company
Corporate StructurePrivate Limited Company (Super Cassettes Industries)
ListedNo — private. Super Cassettes Industries Private Limited
Revenue ReferenceFY23: ₹1,700+ Cr (music + film combined) | Profit est. ₹1,200+ Cr
CorporateOwnership & Corporate Structure
Bhushan Kumar
Chairman & MD
Son of founder Gulshan Kumar (murdered 1997)
Majority
Kumar family
Family shareholders
Divya Khosla Kumar (wife) is director and actress
Remaining
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