CELEBRITYBSECelebrity Fashions LtdHighNeutral
Announced Sat, 16 May · 11:59 IST

Audited Financial Results for the quarter and year ended 31st March 2026

Going ConcernPat NegativeDebt Equity ThresholdResults View source PDF

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AI summary

Celebrity Fashions reported revenue of Rs. 172.06 crore for FY2025-26, up 4.1% from Rs. 165.26 crore in the previous year. However, the company continued to incur losses, with net loss of Rs. 15.72 crore compared to Rs. 18.26 crore loss in FY2024-25. The auditors from SRSV & Associates issued an unmodified opinion but flagged a material uncertainty related to going concern due to accumulated losses of Rs. 54.93 crore. The company attributed part of its losses to additional customer discounts of Rs. 18.70 crore to mitigate US tariff impacts. Cash flow from operations turned positive at Rs. 30.74 crore. The board also re-appointed R V K S and Associates as internal auditors for FY2026-27.

Likely market impact

Despite reduced losses and positive operating cash flow, the company's accumulated losses of Rs. 54.93 crore and negative equity position raise significant going concern risks. Investors should closely monitor the company's ability to return to profitability given ongoing business challenges in the garments segment.