Dhamaal 4 Review: Treasure, Madness & Comedy – Does Dhamaal 4 Live Up to Expectations?

Release Date: July 10, 2026

Cast: Ajay Devgn, Arshad Warsi, Riteish Deshmukh, Jaaved Jaaferi, Ravi Kishan, Sanjay Mishra, Upendra Limaye, Anjali Anand, Sanjeeda Shaikh, Esha Gupta

Director: Indra Kumar

Producers: Ajay Devgn, Bhushan Kumar, Krishan Kumar, Ashok Thakeria, Indra Kumar, Anand Pandit, Kumar Mangat Pathak

Music Directors: Tanishk Bagchi, Aditya Dev, Neelkamal Singh, Sanju Rathod, Guru Randhawa, Gill Machrai, Rony Ajnali

Cinematographer: Sudhir Kumar Chaudhary

Editor: Sanjay Sankla

Story:

Dhamaal 4 follows multiple gangs competing to find Shaitaan Singh's century-old hidden treasure. Prithvi (Upendra Limaye) is the only person who knows the map leading to the fortune, while pirate leader Adhoora (Ravi Kishan) relentlessly pursues him. Guddu (Ajay Devgn), Adi (Arshad Warsi), Manav (Jaaved Jaaferi), Lallan (Riteish Deshmukh), Paaro (Anjali Anand), and Rosy (Sanjeeda Shaikh) also enter the race to become billionaires, leading to hilarious chaos and adventurous situations.

Plus Points:

The first half is entertaining despite its familiar premise, with several comedy episodes delivering genuine laughs. The pre-interval cliff sequence stands out as one of the film's best moments. Jaaved Jaaferi's comic timing and his scenes with Sanjeeda Shaikh work well, while Ajay Devgn and Sanjay Mishra's ghost episode adds to the fun. Ajay Devgn, Riteish Deshmukh, and Anjali Anand deliver commendable performances that keep the film engaging.

Minus Points:

The film loses momentum after the interval as the focus shifts more towards the treasure hunt than comedy. The screenplay becomes predictable, several scenes feel repetitive, and the second half lacks the energy of the opening hour. Apart from Bella Ciao, the songs fail to leave a lasting impression, and the adventure portions could have been more exciting.

Technical Department:

Indra Kumar succeeds in creating a few entertaining moments but fails to sustain the excitement throughout the film. Sudhir Kumar Chaudhary's cinematography is visually appealing, while the background score effectively complements the mood. The VFX is inconsistent, with noticeable green-screen effects in a few scenes. The production values are solid, and the emotional touch in the climax works to an extent.

Verdict:

Dhamaal 4 is a light-hearted comedy entertainer with an enjoyable first half and a talented ensemble cast. However, the weak second half, predictable writing, and reduced comedy prevent it from matching the franchise's earlier films. It remains a decent one-time watch for family audiences.