Founded in 1929, Prabhat Films studio was formed in Kolhapur, Maharashtra by Vishnupant Damle, K Dhaiber, Syed Fatehlal and V Shantaram. The four partners had parted ways from Maharasthra Film Company where they all had assisted Baburao Painter and went onto become senior members of the company. They were joined in by a local goldsmith S V Kulkarni as the financing partner.

The company made 6 silent films Gopal Krishna (1929), Khooni Khanjar (1930), Rani Saheba (1930), Udaykal (1930), Chandrasena (1931) and Zulum (1931). All of these