Summary of Key Information:

Reporting Period: Quarter and Year ended March 31, 2026

Nature of Filing / Announcement: Outcome of Board Meeting - Financial Results and Appointments

Audit Opinion:

Standalone: Qualified Opinion

Consolidated: Disclaimer of Opinion

Key Financial Highlights [₹ in lakhs]:

Standalone Results:

Income Statement FY26:

  • Revenue From Operations: ₹2,846
  • Other Income: ₹2,317
  • Total Income: ₹5,163
  • Total Expenses: ₹15,198
  • Loss Before Tax: (₹10,035)
  • Total Tax Expense: ₹151
  • Net Loss: (₹10,186)
  • EPS: (₹10.62)

Quarterly Standalone Performance Q4 FY26:

  • Revenue From Operations: ₹2,268
  • Other Income: ₹4,989
  • Total Income: ₹7,257
  • Loss Before Tax: (₹2,359)
  • Net Loss: (₹1,522)
  • EPS: (₹1.59)

Balance Sheet Standalone (as at March 31, 2026):

  • Paid-up Equity Share Capital: ₹9,591
  • Other Equity: (₹58,593)
  • Total Equity: (₹49,002)
  • Total Assets: ₹45,273
  • Total Liabilities: ₹45,273
  • Current Liabilities: ₹68,209
  • Current Assets: ₹42,065
  • Cash and Cash Equivalents: ₹1
  • Debt (Borrowings): ₹15,417 (Current ₹13,917 + Non-current ₹1,500)

Consolidated Results:

Income Statement FY26:

  • Revenue From Operations: ₹2,940
  • Other Income: ₹3,146
  • Total Income: ₹6,086
  • Total Expenses: ₹19,550
  • Loss Before Tax: (₹13,464)
  • Net Loss: (₹13,734)
  • EPS: (₹14.32)

Balance Sheet Consolidated (as at March 31, 2026):

  • Paid-up Equity Share Capital: ₹9,591
  • Other Equity: ₹64,796
  • Total Equity: ₹74,462
  • Total Assets: ₹1,79,766
  • Total Liabilities: ₹1,79,766
  • Cash and Cash Equivalents: ₹198

Segment-wise Performance:

The Company operates on a single reportable segment - co-production, acquisition and distribution of Indian language films in multiple formats. No segment information provided.

Corporate Actions:

No dividends, buybacks, or other capital structure changes announced.

Other Significant Information:

Going Concern Uncertainty:

  • Net worth fully eroded with total equity at (₹49,002) lakhs standalone
  • Current liabilities exceed current assets
  • Defaulted on statutory dues on certain occasions
  • Management implementing measures including monetizing film/music library, recovering dues, cost savings

Trade Receivables Issues:

  • ₹48,813 lakhs from Eros Worldwide FZE (net ₹16,688 lakhs after setoff)
  • ₹8,184 lakhs (net) from Eros International Limited UK
  • ₹3,566 lakhs from Eros International USA Inc.
  • Total provision of ₹28,438 lakhs made for expected credit loss
  • RBI application pending for delay condonation in export invoice realization

Labour Code Implementation:

  • Government implemented four new labour codes w.e.f. November 21, 2025
  • Rules notified May 8, 2026
  • Management expects no material impact as current salary structure complies with requirements