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2025 Field Workplace Report Card: Commerce Consultants on the hits like ‘Dhurandhar’, ‘Mahavtar Narsimha’, ‘Kantara’, ‘Saiyaara’, key learnings to take and hopes from 2026 – EXCLUSIVE |

2025 Field Workplace Report Card: Commerce Consultants on the hits like ‘Dhurandhar’, ‘Mahavtar Narsimha’, ‘Kantara’, ‘Saiyaara’, key learnings to take and hopes from 2026 – EXCLUSIVE |


And identical to that, 2025 is nearing its finish, giving us a second to look again at how the 12 months unfolded on the field workplace. Cinema has all the time been a bet, however one fact continues to carry agency, robust content material ultimately finds its viewers. Whereas the big-ticket movies arrive with expectations of ringing the money registers, yearly additionally throws up just a few surprises within the type of sleeper hits. 2025 was no exception. Right here’s a have a look at the most important hits of the 12 months and what commerce specialists should say in regards to the traits, learnings and the highway forward.

Summing up the 12 months

‘Thodi Khushi thoda gham,’ is what we are saying yearly these days and this 12 months appears no totally different. “Properly, it’s been a blended bag, truly. There have been movies that grew to become hits and there have additionally been failures. However the good half is that content material has been driving the audiences to theatres. Stardom can work for a day or two, however after that, it’s the content material that individuals speak about. If you happen to have a look at movies from ‘Chhaava’ to now Dhurandhar, in fact stardom is there, no denying that, however the content material is talking louder than phrases,” explains commerce skilled Taran Adarsh.

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He additional added, “A great instance is ‘Saiyaara’, which starred newcomers and labored purely on the power of its content material and music. There was ‘Sitaare Zameen Par’, there was ‘Raid 2’ this 12 months, and ‘Dhurandhar’, in fact. Movies like ‘Ek Deewane Ki Deewaniyat’ and ‘Tere Ishk Mein’ have additionally achieved effectively.” Commerce skilled Girish Wankhede echoes an analogous sentiment and provides, “General, 2025 has been a mean 12 months for Bollywood. Whereas we normally see 15–18 bonafide superhits yearly, this 12 months produced fewer massive winners. Nonetheless, a handful of movies like ‘Chhaava’, ‘Saiyaara’ and ‘Dhurandhar’ and ‘Kantara: Chapter 1’ — have delivered huge box-office returns. ‘Dhurandhar’ specifically, reveals no signal of slowing down, posting robust numbers even in midnight reveals; it appears to be like set to turn into the quickest movie to hitch the Rs 1,000 crore membership and will doubtlessly go as excessive as Rs 1,500 crore. These blockbuster performances are a welcome respite in an in any other case muted 12 months for Hindi cinema.”

The Ok-shape mannequin

Producer and Movie Enterprise skilled, Girish Johar explains it at size by giving it a reputation. He calls it the ‘Ok-shape mannequin’. Additional elaborating on it, he provides, “The large hits have turn into larger. Medium hits are not seen, and the variety of washouts can be rising. So, as I say, I consider we’re seeing a Ok-shaped mannequin. If a movie does effectively and is appreciated by the general public, it shoots up from Friday night onwards or from day one in every of its launch, after which amplifies additional over Saturday and Sunday. But when a giant movie releases on day one and isn’t appreciated by the viewers, earlier we used to say that three days would see it via, however that’s not occurring.” He provides, “Hope you’ll be able to think about that. So, it’s a Ok-shaped mannequin, as I name it. Having mentioned that, sure, fairly just a few movies everyone knows, ‘Chhaava’, ‘Dhurandhar’, and others like ‘Saiyaara’, ‘Mahavtar Narsimha’, and likewise ‘Tere Ishq Mein’. These usually are not the one ones, clearly, however they’re the standout performers of the 12 months. They’ve achieved unbelievable numbers and, extra importantly, have been appreciated by the viewers. Whereas the 12 months nonetheless has few extra days to finish, total, I can say there is a progress of 10-12 % this 12 months total on the field workplace as in comparison with 2024.”

Largest hit when it comes to ROI (Return On Funding)

Whereas when it comes to numbers, ‘Dhurandhar’ appears to be like like the most important grossing film of the 12 months and it’s nonetheless operating in theatres so it’ll proceed to herald numbers even within the subsequent 12 months. Nonetheless, it phrases of the return on funding, one can say that movies like ‘Mahavtar Narsimha’, ‘Saiyaara’ and ‘Ek Deewane Ki Deewaniyat’ stole the present and surpassed expectations. Johar provides, “When it comes to ROI, ‘Mahavtar Narsimha’ is the most important hit. It was an animated movie with no massive stars and even voice over from any massive star. The revenue it earned was ten folds of its making.” Wankhede factors out, “The most important shock of the 12 months was undoubtedly ‘Mahavatar Narasimha’, a devotional animated movie initially made in Kannada. Produced on a modest price range of round Rs 40 crore and launched throughout Hindi, Tamil and Telugu, it went on to earn roughly Rs 327 crore, an distinctive return for an animation with mythological themes. One other surprising hit was ‘Ek Deewane ki Deewaniyat’, starring Harshvardhan Rane and Sonam Bajwa; made for roughly Rs 25 crore, it proved a sleeper success. ‘Saiyaara’ resonated strongly with GenZ, rising as one of many season’s main blockbusters, produced for round Rs 45 crore. And, in fact, ‘Dhurandhar’ stunned many with its runaway success, made on a price range of about Rs 250 crore, it has crossed the ₹1,000 crore mark worldwide, solidifying its place because the 12 months’s dominant tentpole.”

Is there a pattern? Is romance again as a style?

This 12 months, with ‘Saiyaara’, ‘Tere Ishk Mein’ and ‘Ek Deewane Ki Deewaniyat’, it appeared like romance is again and the way. Taran Adarsh says, “I used to be completely happy to see that romance is again. And when you discover all these three movies are love tales, however the music performed an integral half of their affect, extra than simply the style.” Nonetheless, Johar would not really feel we should always contemplate this as a pattern for romantic films. “I don’t suppose audiences are favouring any specific style; they’re favouring good content material. What has occurred post-COVID, with the OTT onslaught and every little thing else, is that conventional stardom has diminished just a little. However the identical actor, backed by a great idea and robust content material, multiplies their attraction manyfold. So, for me, the content material and the idea have now turn into the actual stars.”

Key learnings to take from 2025

One of many issues which have to be learnt is to cater to the lots and never simply the multiplex viewers. Taran Adarsh opines, “I feel we should always not neglect our Tier 2 and Tier 3 centres. Filmmakers have been neglecting them for a very long time. They’ve been making metro-centric movies, which isn’t proper. What occurs to the Tier 2 and Tier 3 centres then? They cease coming to theatres. That’s the explanation why, earlier within the 70s and 80s, and I’ve seen this with my very own eyes, is that each movie used to get a gap. Each movie would take a begin after which both run or collapse.”

Johar provides that one of many issues to take discover of this 12 months is that ultimately, it isn’t stardom which works however the emotion behind a movie. He says, “Emotion is the content material. If you happen to have a look at animation, the standard is at a great stage as a result of we’re uncovered to international animation like Disney and others. But it surely was the emotion that related with audiences in case of ‘Mahavtar Narsimha’. They went into theatres, taking their slippers and footwear off exterior and all that. It’s the emotion that really connects with individuals.” He additional defined, “Simply to elaborate on this additional that it is not about stars, Ranveer Singh did ‘Jayeshbhai Jordaar’, which was not appreciated. However the identical Ranveer Singh has achieved ‘Dhurandhar’, which is backed by the proper making, the proper idea, and every little thing else. Folks have related with the movie, and it’s most likely changing into the most important Hindi movie of all time.” “I can say that the final star whom individuals wished to look at purely for stardom is arms down, Salman Khan, as a result of even his weaker movies open to Rs 100 crore. I most likely really feel Ranbir Kapoor additionally has that potential, however he operates in a barely totally different area. To me, the pattern this 12 months or studying this 12 months is that, actor-driven stardom has come down just a little, whereas idea and genre-driven movies are actually creating stars and superstars.”

Expectations from 2026

All of the commerce specialists have their eye on 2026 and unanimously are trying ahead to some massive films lined up – from ‘Ramayana’ to ‘Love And Struggle’ and naturally, ‘Dhurandhar 2’. Girish Johar says, “2026 is once more going to be one of many greatest years for Indian cinema, each when it comes to field workplace and total scale. Mammoth releases are being deliberate. Clearly, we’ve Hollywood content material Nolan movies, ‘Avengers’, and plenty of different massive releases. We even have Shah Rukh Khan’s ‘King’, a few releases by Akshay Kumar, ‘Dhurandhar 2’, and the most important of all of them, ‘Ramayana’.” He provides, “Ramayana will most likely be one of many greatest movies of all time, if achieved proper. From no matter little I do know, they’re planning to dub it into quite a few languages utilizing lip-sync expertise. So, if audiences watch the movie in Spanish, the lip-sync and audio will each be in Spanish. That’s what they’re planning. We don’t know the way a lot of this can truly unfold, we’re too far forward to say—but when achieved proper and if expectations are met, it’s going to be an enormous movie. There are a number of different movies as effectively.”Wankhede says, “The most important movie of 2026 is broadly anticipated to be Dhurandhar Half 2, which is slated for an Eid launch and has already began constructing the sort of pre-release buzz normally reserved for mega-franchises like Pushpa 2. Business chatter suggests it might submit one of many greatest openings of the 12 months and turn into the highest box-office generator, establishing itself because the season’s standout success.” He lists out the releases of 2025 additional saying, “A number of different high-profile releases are producing robust anticipation. Border 2, arriving in January with Sunny Deol hooked up, appears to be like set to energise the patriotic crowd. Shah Rukh Khan’s much-awaited undertaking King, his first main outing after a quiet 2025, can be being touted as a possible blockbuster. Alpha, a proposed female-led spy-universe movie that includes Alia Bhatt, has been postponed however stays one of the vital talked-about titles. Sanjay Leela Bhansali’s Love and Struggle, reportedly starring Ranbir Kapoor, Vicky Kaushal and Alia Bhatt, is one other status undertaking on the radar. Priyadarshan’s Bhoot Bangla with Akshay Kumar, Ajay Devgn and Tabu’s Drishyam 3, and the formidable Ramayana, directed by Nitesh Tiwari and that includes Ranbir Kapoor and Yash, spherical out a slate that guarantees a busy and commercially thrilling 2026 for Indian cinema.”Adarsh concludes, “I’m a born optimist, and I’m very assured about 2026. There are a number of massive movies lined up, however there could possibly be smaller surprises as effectively. We should always not underestimate any movie.”

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