Appointment of internal Auditor
BTML · price
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Bodhi Tree Multimedia Limited held its Board meeting on May 30, 2026, approving standalone and consolidated audited financial results for Q4 and FY26 ended March 31, 2026. The company reported standalone revenue from operations of Rs. 5,418.34 Lakhs, down from Rs. 6,415.15 Lakhs in FY25, representing a revenue decline of approximately 15.5%. Net profit for FY26 stood at Rs. 335.69 Lakhs compared to Rs. 525.62 Lakhs in FY25, a decline of about 36%. The auditors issued an Unmodified Opinion (clean audit). Key emphasis items include: acquisition of 20% stake in Lehren Networks for Rs. 120 Lakhs via share swap; acquisition of 50.01% controlling stake in Moving Image Studios for Rs. 700.14 Lakhs with additional Rs. 600 Lakhs commitment; regularization of lease accounting under Ind AS 116; and a technical breach of Section 186 limits by Rs. 184.43 Lakhs. The company also appointed M/s. S Khasgiwala & Co. as Internal Auditor for FY26-27.
The company shows concerning financial decline with revenue down 15.5% and profit down 36% year-on-year. More critically, negative operating cash flow of Rs. 4,458.23 Lakhs signals significant cash burn despite a clean audit. The Section 186 breach and pending court case present contingent liability risks requiring shareholder attention.