Board Meeting Details

The Board Meeting commenced at 02:00 PM and concluded at 02:30 PM on November 14, 2026. The meeting was conducted based on the recommendation of the Audit Committee.

Financial Performance Highlights (Half Year Ended September 30, 2026)

Income Statement:

  • Revenue from operations (Net): ₹335.09 lakh (compared to ₹21.16 lakh in H1 FY26 and ₹35.51 lakh in FY26)
  • Other Income: ₹0.00 lakh (compared to ₹6.82 lakh in FY26 and ₹0.08 lakh in H1 FY26)
  • Total Income: ₹335.09 lakh (compared to ₹42.32 lakh in FY26 and ₹21.24 lakh in H1 FY26)

Expenses Breakdown:

  • Operating Expenses: ₹156.18 lakh (expense)
  • Changes in inventories: ₹490.16 lakh (income)
  • Employee benefits expense: ₹1.70 lakh
  • Depreciation & amortization expenses: ₹0.68 lakh
  • Other expenses: ₹5.91 lakh
  • Total Expenses: ₹342.27 lakh

Profit/Loss:

  • Profit/(Loss) before tax: ₹(7.17) lakh (loss)
  • Tax Expenses: Deferred tax of ₹1.13 lakh
  • Profit/(Loss) for the period: ₹(8.30) lakh (net loss)

Earnings Per Share:

  • Basic EPS: ₹(0.26) per share of ₹10 each
  • Diluted EPS: ₹(0.26) per share of ₹10 each

Comparative Financial Data

Half Year Ended September 30, 2026 vs Previous Periods:

  • H1 FY26: Net loss of ₹(7.06) lakh
  • FY26 (Audited): Net profit of ₹0.39 lakh
  • Paid-up Equity Share Capital remained unchanged at ₹320.01 lakh across all periods

Balance Sheet Position (As at September 30, 2026)

Equity and Liabilities:

  • Shareholder's Funds: ₹578.35 lakh (Share Capital: ₹320.01 lakh, Reserves & Surplus: ₹258.34 lakh)
  • Non-Current Liabilities: ₹0.00 lakh (reduced from ₹96.13 lakh as of March 31, 2026)
  • Current Liabilities: ₹31.03 lakh (Trade Payables: ₹0.94 lakh, Other Current Liabilities: ₹30.08 lakh)
  • Total Equity and Liabilities: ₹609.38 lakh

Assets:

  • Non-Current Assets: ₹271.90 lakh (Property Plant & Equipment: ₹5.15 lakh, Deferred Tax Assets: ₹15.37 lakh, Long Term Loans and Advances: ₹251.38 lakh)
  • Current Assets: ₹337.48 lakh (Trade Receivables: ₹0.17 lakh, Cash and Cash Equivalents: ₹0.31 lakh, Short-Term Loans and Advances: ₹337.00 lakh)
  • Total Assets: ₹609.38 lakh

Cash Flow Statement (Half Year Ended September 30, 2026)

  • Cash flows from operating activities: ₹(56.89) lakh (outflow)
  • Cash flows from investing activities: ₹0.00 lakh
  • Cash flows from financing activities: ₹(96.13) lakh (repayment of long-term borrowings)
  • Net decrease in cash and bank balances: ₹(153.02) lakh
  • Cash and bank balances at end of period: ₹0.31 lakh (down from ₹153.33 lakh at beginning of year)

Auditor's Review

M/s. B.L. Dasharda & Associates, Chartered Accountants (FR No.: 112615W) issued a limited review report dated November 14, 2026. Partner CA Sushant Mehta (Membership Number: 112489) confirmed that nothing came to their attention that causes them to believe the financial results contain any material misstatement. The review was conducted in accordance with Standard on Review Engagement (SRE) 2410 issued by ICAI.

Additional Notes

1. The company operates in a single segment: Production of short films and songs on various digital platforms.

2. The financial results have been prepared in accordance with Accounting Standard 25 (Interim Financial Reporting) prescribed under Section 133 of the Companies Act, 2013.

3. The results are posted on the company's website (www.netpixshorts.com) and BSE website as per Regulation 33 of SEBI LODR Regulations.

4. Previous period figures have been re-grouped/reworked/re-arranged wherever necessary for comparability.