Ramayana: Part 1

Sony Pictures

Opens Nov 5, 2026

Nov 5

Opening day. Numbers start after its first weekend.

Budget
$115M–$180M
ReelMatrix estimate
Opening forecast
$11.0M–$16.0M
Box Office Theory, Oct 23
Domestic total forecast
$21.0M–$32.0M
Needs to make (est.)
$301M–$588M
ReelMatrix estimate

About the film

Part one of Nitesh Tiwari's two-film epic: Prince Ram (Ranbir Kapoor) and Sita (Sai Pallavi) marry and are sent into exile, setting a legendary journey in motion. Yash plays Ravana.

Show the math

Break-even

Production budget (ReelMatrix estimate)
$115M–$180M
Marketing (estimated for a major studio)
$69.0M–$180M
Total cost
$184M–$360M
Studio's share of each ticket dollar
41¢
Later: home, streaming and TV
+20¢
Break-even worldwide
$301M–$588M

Total cost ÷ 61¢ per box office dollar. That's 2.6–3.3× the budget. The studio's share blends 50¢ domestic, 40¢ international and 25¢ in China, weighted by this film's mix: 12% from the US and Canada, a ReelMatrix estimate (Indian epics earn about 10–13% in North America (RRR, Kalki 2898 AD)).

Projection

Before release, the projection uses the middle of the forecast domestic total ($21.0M–$32.0M).

Domestic finish
~$26.5M
Worldwide finish
~$221M

Worldwide finish = domestic finish ÷ 12%, until real international numbers come in.

Verdict: Flop. How verdicts work

Sources

Budget (ReelMatrix estimate): Producers say about $500M covers both parts including release and promotion; this is our estimate of Part 1's production share.

Forecasts: Box Office Theory, Oct 23.

US/Canada share (ReelMatrix estimate): Indian epics earn about 10–13% in North America (RRR, Kalki 2898 AD).

Budgets, grosses, break-even points and profits are estimates based on publicly reported numbers. They aren't official studio financials. Verdicts are ReelMatrix's opinion. How the numbers work