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Production House Major Hindi
Reliance-Backed · D2 Producer · Largest Indian Franchise

Jio Studios

Founded 2018 · Mumbai · Mukesh Ambani (parent), Jyoti Deshpande (CEO) · OTT: JioHotstar (in-house)
Founded
2018
Reliance Industries subsidiary
D2 WW
₹1,801 Cr
#2 all-time Indian film (May 2, 2026)
D1 WW
₹1,307 Cr
Highest-grossing Hindi film of 2024
Sikhya Acquisition
₹150 Cr
Acquired Feb 2026 — largest indie buyout
Next
Maatrubhumi · Aug 14, 2026
Salman Khan · Co-prod with SKF
Cumulative
~₹5,500 Cr
8 years · D2 franchise + co-prods

Analysis Boxoffy Intelligence

Boxoffy · Box Office Intelligence · Updated May 2, 2026

Jio Studios is the most-capitalized production house in Indian cinema history. Backed by Reliance Industries, it has effectively unlimited financial firepower and JioHotstar's 750M+ viewer reach for post-theatrical monetization. D2 became both the highest-grossing Hindi film ever AND the #2 all-time Indian film WW (₹1,801 Cr, May 2, 2026) — crossing both Pushpa 2 (₹1,786 Cr) and Baahubali 2 (₹1,788 Cr) within 44 days of release. The D1 + D2 combined gross of ₹3,109 Cr makes the Dhurandhar duology the single largest Indian film franchise. Acquired Sikhya Entertainment Feb 2026 for ₹150 Cr — the largest indie production house acquisition in Indian cinema history. The Jio model: producer + distributor + streamer + music label + theater chain (PVR INOX investment). Vertically integrated like no other studio.

Boxoffy Note
D2 crossing both Baahubali 2 and Pushpa 2 to become #2 all-time Indian film WW (only Dangal ahead at ₹2,070 Cr) is the most consequential commercial milestone in Indian cinema since Pathaan. Jio Studios now produces a film bigger than anything Telugu cinema has ever made, in Hindi. The capital concentration story has a clear winner.

Profile Studio Profile

Founded
2018
Founder
Mukesh Ambani (parent), Jyoti Deshpande (CEO)
Current Head
Jyoti Deshpande
Headquarters
Mumbai
Languages
Hindi (primary), Telugu, Tamil, Marathi
Tier
MAJOR
OTT Partner
JioHotstar (in-house)

Filmography Key Films

Dhurandhar 2 Dhurandhar 1 Animal 12th Fail Bhakshak

Pipeline 2026 Slate & Upcoming

Finance Estimated Market Valuation

Estimated Enterprise Value
₹4,000–6,000 Cr (production arm)
ESTIMATED
D2 franchise IP (~₹3,109 Cr WW) + Sikhya acquisition + JioHotstar synergies + Reliance balance sheet backing

Corporate Structure Listing & Revenue

ListedIndirectly — parent Reliance Industries (RIL) listed BSE/NSE
Revenue ReferenceEstimated ₹2,000+ Cr from production + distribution after D2 record

Corporate Ownership & Structure

Person
Role
Notes
Stake
Reliance Industries Ltd
100% Parent
Mukesh Ambani-led conglomerate
100%
Jyoti Deshpande
President & CEO
Joined 2018 from Star India · Built Jio Studios
Operational head
Mukesh Ambani
Ultimate beneficial owner
Via RIL
Effective control
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