Key Decisions and Approvals

The Board of Directors, in a meeting held on 29th May 2026 from 1:15 PM to 2:15 PM, considered and approved the following items:

1. Approved and adopted the Audited Financial Results for the quarter and year ended 31st March 2026, along with the Auditor's Report which contained an unmodified opinion. This was done pursuant to Regulation 33 of the SEBI (LODR) Regulations, 2015.

2. Approved the appointment of M/s Abhishek R Jain & Co., Chartered Accountants (FRN: 148930W), as the Internal Auditor for the financial year 2026-2027. The appointment was effective from 29.05.2026.

3. Reviewed the business of the company.

Financial Results Highlights (Rs. in Lakhs, except EPS)

The company reported a significant turnaround in performance for the year ended 31st March 2026.

  • Total Income: ₹21.97 lakhs for the year (Q4: ₹21.97 lakhs; Q3: Nil; Q2: Nil).
  • Total Expenses: Minimal expenses were recorded:
  • Finance Costs: ₹1.02 lakhs for the year.
  • Employee Benefits Expense: ₹0.54 lakhs for the year.
  • Other Expenses: ₹0.36 lakhs for the year (Q4), ₹0.15 lakhs (Q3), Nil (Q2).
  • Profit/(Loss) before tax: ₹21.97 lakhs profit for the year. This compares to a loss of ₹1.52 lakhs in Q3 and a loss of ₹2.67 lakhs in Q2.
  • Tax Expense: Nil for all periods presented.
  • Profit for the period: ₹21.97 lakhs for the year (Q4: ₹21.97 lakhs; Q3: Loss of ₹1.52 lakhs; Q2: Loss of ₹2.67 lakhs).
  • Earnings Per Share (Basic & Diluted): ₹0.06 for the year (Q4: ₹0.06; Q3: -₹0.00; Q2: -₹0.01).
  • Paid-up Equity Share Capital: Remained constant at ₹3,488.00 lakhs (Face Value ₹10/- each).

Statement of Assets and Liabilities (As of 31st March 2026, Rs. in Lakhs)

  • Total Assets: ₹1,989.53 lakhs (Previous Year: ₹1,989.00 lakhs).
  • Non-Current Assets: ₹53.89 lakhs (entirely in 'Other Non-current assets').
  • Current Assets: ₹1,935.64 lakhs, comprising:
  • Inventories: ₹16.00 lakhs.
  • Cash and Cash Equivalents: ₹1.53 lakhs.
  • Loans: ₹867.67 lakhs.
  • Other Current Assets: ₹1,050.45 lakhs.
  • Total Equity: ₹1,592.01 lakhs (Previous Year: ₹1,580.53 lakhs).
  • Equity Share Capital: ₹3,488.00 lakhs.
  • Other Equity: Negative ₹1,895.99 lakhs.
  • Total Liabilities: ₹397.52 lakhs (Previous Year: ₹408.47 lakhs).
  • Non-Current Liabilities: ₹212.04 lakhs (Borrowings).
  • Current Liabilities: ₹185.48 lakhs, comprising:
  • Borrowings: ₹175.57 lakhs.
  • Trade Payables: ₹1.77 lakhs.
  • Other Current Liabilities: ₹8.14 lakhs.

Cash Flow Statement (Year ended 31st March 2026, Rs. in Lakhs)

  • Net Cash from Operating Activities: ₹12.35 lakhs (Previous Year: -₹12.16 lakhs).
  • Net Cash from Financing Activities: ₹13.35 lakhs (Previous Year: ₹11.43 lakhs), primarily from an increase in short-term borrowings (₹14.37 lakhs) and payment of finance cost (₹1.02 lakhs).
  • Net Increase in Cash: ₹1.00 lakh (Previous Year: -₹0.73 lakhs).
  • Cash at End of Year: ₹1.53 lakhs (Previous Year: ₹0.53 lakhs).

Other Material Information

  • The Board of Directors did not recommend any dividend for the financial year 2025-26.
  • The Company has only one reportable segment: "Production of television content and motion films and all other activities revolving around the same".
  • The figures for the last quarter (Q4) are the balancing figures between the audited full-year figures and the published unaudited year-to-date figures up to the third quarter.