Home · All Production Houses · B62 Studios
Production House Boutique Hindi
Aditya Dhar · Largest Indian Franchise (D2: ₹3,109 Cr)

B62 Studios

Founded 2020 · Mumbai · Aditya Dhar & Lokesh Dhar · OTT: JioHotstar (D2 deal)
Founded
2020
Post-URI · Aditya Dhar's banner
D2 WW
₹1,801 Cr
#2 all-time Indian film (May 2)
D1 WW
₹1,307 Cr
First B62 production (2024)
Franchise
₹3,109 Cr
Largest Indian film franchise ever
Next
D3 · TBA 2027/28
Aditya Dhar · Vicky Kaushal returns
Cumulative
~₹3,100 Cr
Just 2 films · highest revenue/film of any Indian studio

Analysis Boxoffy Intelligence

Boxoffy · Box Office Intelligence · Updated May 2, 2026

B62 Studios is the most extraordinary commercial story in modern Indian cinema. With just two films released — D1 (₹1,307 Cr WW, 2024) and D2 (₹1,801 Cr WW, 2026) — Aditya Dhar's banner has produced the largest film franchise in Indian cinema history at ₹3,109 Cr combined WW. The studio has the highest revenue-per-film of any Indian production house ever. D2 became the first Indian film to cross ₹1,000 Cr Hindi nett alone (₹1,096.39 Cr) and is now #2 all-time Indian film WW, behind only Dangal. Aditya Dhar's URI: The Surgical Strike (2019, RSVP-produced) was the foundation — 13.7× ROI taught him the playbook for nationalism-coded action cinema. B62's collaboration with Jio Studios on D2 financing + JioHotstar distribution is the template every boutique studio now wants to replicate.

Boxoffy Note
B62 with two films at ₹3,100 Cr is the highest revenue density of any Indian studio. Compare: Dharma (50 years, ₹4,200 Cr) = ₹84 Cr/year. B62 = ₹517 Cr/film. The boutique model with mega-budgets and franchise IP is the future of Hindi cinema.

Profile Studio Profile

Founded
2020
Founder
Aditya Dhar & Lokesh Dhar
Current Head
Aditya Dhar
Headquarters
Mumbai
Languages
Hindi (primary)
Tier
BOUTIQUE
OTT Partner
JioHotstar (D2 deal)

Filmography Key Films

Dhurandhar 2 Dhurandhar 1

Pipeline 2026 Slate & Upcoming

Finance Estimated Market Valuation

Estimated Enterprise Value
₹2,500–4,000 Cr
ESTIMATED
D-verse IP control (₹3,109 Cr franchise) + Aditya Dhar director-producer brand + future D3 + spinoff potential

Corporate Structure Listing & Revenue

ListedNo — privately held by Aditya Dhar and Lokesh Dhar
Revenue ReferenceEstimated ₹500-800 Cr from D2 alone via producer share + IP licensing

Corporate Ownership & Structure

Person
Role
Notes
Stake
Aditya Dhar
Co-founder & Creative Head
URI director · D-verse architect
Majority
Lokesh Dhar
Co-founder & CEO
Aditya's brother · Operational head
Co-owner
Jio Studios
Co-production partner (D2)
Strategic alliance not equity
Partnership
← All Production Houses