[4][1] They company made Hunterwali (1935) starring Fearless Nadia, Boman Shroff and John Cawas, which became a surprise hit and its first big success.
[7] However, by the end the 1930s, the genre of stunt, fantasy and mythology films which dominated the early films, was beginning to fail and the company ran into heavy losses, after they invested into ambitious projects which flopped.
[7] The last film made by the company was Raj Nartaki (1941) under the direction of Madhu Bose.
Homi Wadia, who worked as a director the company, went on to establish Basant Pictures in the same year, though initially as a film production house.
Subsequently, he established a film studio under the same banner in 1947, which functioned till 1981.