Financial Position - Standalone (as at September 30, 2026)
Total assets: ₹36,366 lakh
Equity share capital: ₹9,591 lakh
Other equity: ₹(60,421) lakh (negative)
Total equity: ₹(50,830) lakh (negative)
Non-current liabilities: ₹26,708 lakh
Current liabilities: ₹70,182 lakh
Total liabilities: ₹96,890 lakh
Key Financial Ratios & Metrics
Net worth fully eroded: ₹(50,830) lakh
Cash and cash equivalents: ₹2 lakh
Trade receivables: ₹42,835 lakh
Borrowings (current + non-current): ₹11,732 lakh
Auditor's Qualified Conclusions
Trade Receivables from Group Entities:
₹49,873 lakh (net of payable of ₹32,854 lakh) from Eros Worldwide FZE (EWW)
₹8,361 lakh (net of payable of ₹370 lakh) from Eros International Limited UK (liquidated, now receivable from EWW and Eros Media PLC)
₹3,644 lakh from Eros International USA Inc.
Total overdue receivables: ₹61,878 lakh
Company made overall provision of ₹29,025 lakh for expected credit loss up to September 30, 2026
Additional provision of ₹587 lakh provided due to foreign exchange impact in current period
Application filed with RBI through Authorized Dealers to condone delay in realization of export invoices and permit net remittance of ₹17,019 lakh from EWW
Financial impact pending RBI approval is unascertainable
SEBI Investigation:
SEBI passed Interim Ex-Parte Order dated June 22, 2023 and Confirmatory Order dated October 13, 2023
Company filed appeal with Securities Appellate Tribunal (SAT)
SAT directed SEBI to issue Show Cause Notice (SCN) and complete investigation
SCN dated July 16, 2024 received by Company on July 18, 2024
Content advances of ₹101,601 lakh (net of impairment and write-off) subject to SEBI scrutiny and investigation
Impact pending completion of proceedings is unascertainable
Matter listed for hearing on December 17-18, 2026
Material Uncertainty - Going Concern:
Company incurred loss before tax of ₹1,828 lakh for H1 September 30, 2026
Net worth has been fully eroded
Defaulted on payment of statutory dues on certain occasions
