FY26 Results: Qualified Opinion, PAT Rs 185L, Q4 Loss
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Starbeam Ventures (formerly Bluegod Entertainment) reported FY26 total income of Rs 1,200.71L vs Rs 236.21L, with PAT of Rs 184.96L vs Rs 182.14L. Q4 however posted a loss of Rs 172.43L with zero operating revenue. Auditor issued a qualified opinion flagging NBFC non-registration under RBI Act, unconfirmed unsecured loans, Section 73 contravention, and unrecoverable trade receivables. Rights issue of Rs 30.36Cr was largely deployed as loans of Rs 29.50Cr to Laddu Gopal Ventures Pvt Ltd. Total assets surged to Rs 9,036L but operating cash flow was deeply negative at Rs (5,928)L.
Qualified audit opinion, Q4 loss, large related-party loan deployment of rights issue funds, and weak operating cash flow raise governance and recovery concerns.