Age
56 Years
India's most established studio
Spy Universe
₹4,200+ Cr
Pathaan, War, Tiger franchise
Distribution
International
YRF International + UK setup
Next
War 2 · Aug 14, 2026
Hrithik + Jr NTR + Kiara
Cumulative
~₹12,500 Cr
Lifetime BO across 200+ films
Yash Raj Films remains the only major Indian studio that refuses to sell OTT rights before theatrical release, treating cinemas as the primary creative format rather than a marketing channel for streaming. The YRF Spy Universe alone has grossed ₹4,200+ Cr across Pathaan (₹1,055 Cr WW), War, Tiger 3 (₹466 Cr WW), and Tiger Zinda Hai (₹565 Cr WW) — the most lucrative franchise in Hindi cinema history. War 2 (Aug 14, 2026 Independence Day) brings Hrithik Roshan + Jr NTR + Kiara into the universe in YRF's most ambitious cross-language tentpole yet. King (Dec 24, 2026) features YRF as overseas distribution partner. The 2025 UK setup signals a long-term play to control international distribution rather than license it out.
Boxoffy Note
YRF's no-pre-OTT-sale stance is the rarest position in Indian cinema in 2026. Every other major studio has accepted Netflix, Prime, JioHotstar pre-buys to de-risk theatrical. YRF's bet: theatrical exclusivity plus longer windows preserves library value over a 30-year horizon. Spy Universe is the proof point.
Estimated Enterprise Value
₹8,000–12,000 Cr
ESTIMATED
Spy Universe IP + DDLJ catalog (still earning) + 50-year library + YRF Studios real estate + YRF Music