Key Financial Figures

Standalone Results (Year Ended March 31, 2026):

  • Revenue from operations: ₹3,765.74 lakh
  • Total expenses: ₹3,855.38 lakh
  • Loss before tax and exceptional items: ₹(23.16) lakh
  • Exceptional items: ₹1,750.86 lakh
  • Loss before tax after exceptional items: ₹(1,774.02) lakh
  • Tax expense: ₹520.07 lakh (Current tax: ₹0.13 lakh, Deferred tax: ₹520.20 lakh)
  • Net loss for the year: ₹(1,253.95) lakh
  • Other comprehensive income: ₹(13.54) lakh
  • Total comprehensive loss: ₹(1,267.49) lakh
  • Basic and diluted EPS: ₹(8.70) per share (face value ₹10)
  • Paid-up equity share capital: ₹1,448.70 lakh
  • Reserves excluding revaluation reserves: ₹4,642.57 lakh

Consolidated Results (Year Ended March 31, 2026):

  • Revenue from operations: ₹3,765.74 lakh
  • Total expenses: ₹3,855.38 lakh
  • Loss before tax and exceptional items: ₹(23.16) lakh
  • Exceptional items: ₹1,750.86 lakh
  • Loss before tax after exceptional items: ₹(1,774.02) lakh
  • Tax expense: ₹520.07 lakh (Current tax: ₹0.13 lakh, Deferred tax: ₹520.20 lakh)
  • Net loss for the year: ₹(1,253.94) lakh (attributable to equity holders: ₹(1,253.94) lakh, non-controlling interests: ₹(0.01) lakh)
  • Other comprehensive income: ₹(13.54) lakh
  • Total comprehensive loss: ₹(1,267.48) lakh (attributable to equity holders: ₹(1,267.48) lakh, non-controlling interests: ₹(0.01) lakh)
  • Paid-up equity share capital: ₹1,448.70 lakh
  • Reserves excluding revaluation reserves: ₹4,642.57 lakh
  • Basic and diluted EPS: ₹(8.70) per share (face value ₹10)

Quarterly Standalone Results (Q4 FY26):

  • Revenue from operations: ₹248.62 lakh
  • Net loss for the quarter: ₹(206.22) lakh
  • Basic and diluted EPS: ₹(1.44) per share

Assets and Liabilities (Standalone as at March 31, 2026):

  • Total assets: ₹7,026.04 lakh
  • Non-current assets: ₹2,161.37 lakh (Property, plant and equipment: ₹231.59 lakh; Financial assets: ₹20.70 lakh; Income tax assets: ₹121.84 lakh; Other non-current assets: ₹1,787.24 lakh)
  • Current assets: ₹4,864.67 lakh (Inventories: ₹3,305.07 lakh; Trade receivables: ₹258.24 lakh; Cash and cash equivalents: ₹88.49 lakh; Other financial assets: ₹1,045.02 lakh; Other current assets: ₹167.85 lakh)
  • Total equity: ₹6,181.27 lakh (Equity share capital: ₹1,446.70 lakh; Other equity: ₹4,734.57 lakh)
  • Non-current liabilities: ₹586.61 lakh (Borrowings: ₹136.80 lakh; Deferred tax liabilities: ₹449.81 lakh)
  • Current liabilities: ₹258.16 lakh (Borrowings: ₹7.16 lakh; Trade payables: ₹17.02 lakh; Other financial liabilities: ₹59.39 lakh; Other current liabilities: ₹17.89 lakh; Other current liabilities: ₹156.70 lakh)

Board Decisions and Approvals (May 26, 2026 Meeting)

1. Approved annual audited financial results (standalone and consolidated) for quarter and year ended March 31, 2026

2. Approved auditors' reports with unmodified opinion from statutory auditors

3. Approved annual audited financial statements for FY 2025-26

4. Approved Directors' Responsibility Statement

5. Recommended re-appointment of Mrs Rina Pritish Nandy (retiring by rotation) at ensuing AGM

6. Approved notice of 33rd Annual General Meeting

7. Scheduled 33rd AGM for Monday, September 28, 2026 at 3:00 PM through Other Audio-Visual Mode (OAVM)

8. Appointed Mr VN Deodhar, Practicing Company Secretaries, as scrutinizer for AGM

Committee Reconstitutions

Audit Committee (effective August 9, 2026):

  • Chairman: Mr Karan Ahluwalia (Non-Executive Independent Director)
  • Members: Mr Sunil Alagh (Non-Executive Independent Director), Ms Neerja Shah (Non-Executive Independent Director)

Nomination and Remuneration Committee (effective August 9, 2026):

  • Chairman: Mr Sunil Alagh (Non-Executive Independent Director)
  • Members: Mr Karan Ahluwalia (Non-Executive Independent Director), Ms Neerja Shah (Non-Executive Independent Director)

Stakeholders' Relationship Committee (effective August 9, 2026):

  • Chairperson: Ms Neerja Shah (Non-Executive Independent Director)
  • Members: Mr Karan Ahluwalia (Non-Executive Independent Director), Mr Pallab Bhattacharya (Wholetime Director)

Corporate Social Responsibility Committee (effective May 26, 2026):

  • Chairman: Mr Sunil Alagh (Non-Executive Independent Director)
  • Members: Mr Karan Ahluwalia (Non-Executive Independent Director), Ms Rangita Pritish Nandy (Wholetime Director)

Exceptional Items and Significant Transactions

1. Received settlement amount of ₹255 lakh from White Feather Films (Proprietor Sanjay Gupta) against receivable of ₹317.53 lakh, resulting in write-off of ₹62.53 lakh

2. Written off advances of ₹47.21 lakh (PY ₹42.73 lakh) for content development no longer viable

3. Legal proceedings for recovery of ₹150 lakh advance from Saboo Films Pvt Ltd and Bharat Film Works - judgment directing payment of ₹247 lakh with interest, appeal pending in Bombay High Court

4. Licensing agreement with Shemaroo Entertainment Limited for global broadcasting and streaming rights

5. Write-down of ₹1,750.86 lakh (consolidated) / ₹1,756.09 lakh (standalone) in inventory value with corresponding reversal of deferred tax liability of ₹440.69 lakh (consolidated) / ₹442.01 lakh (standalone)

6. Employee benefit expenses include ₹177.12 lakh remuneration to Wholetime Directors exceeding prescribed limits by ₹93.12 lakh, approved by shareholders

Auditor Emphasis Matters

Auditors highlighted four key matters in their unmodified opinion:

1. Settlement with White Feather Films resulting in ₹62.53 lakh write-off

2. Legal proceedings for ₹150 lakh advance considered fully recoverable (no provision made)

3. Inventory write-down of ₹1,750.86 lakh and deferred tax reversal

4. Excess remuneration to Wholetime Directors of ₹93.12 lakh beyond statutory limits

Segment Reporting

  • Content segment revenue: ₹3,765.74 lakh (FY26), segment loss: ₹(74.18) lakh
  • Wellness segment revenue: ₹200 lakh (FY26), segment loss: ₹(1.76) lakh
  • Total segment assets: ₹7,021.83 lakh (Content: ₹6,987.04 lakh, Wellness: ₹34.79 lakh)
  • Total segment liabilities: ₹932.56 lakh (Content: ₹932.31 lakh, Wellness: ₹0.25 lakh)