Approval of Audited Financial Results for the quarter and year ended 31st March, 2026
MUKTAARTS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Mukta Arts reported standalone revenue of ₹1,482L for FY26, down 27% from ₹2,032L in FY25, with standalone PAT at ₹559L (down ~25% YoY). On a consolidated basis, the company posted revenue of ₹17,391L (up ~4% YoY) but a net loss of ₹1,180L, compared to a loss of ₹1,731L in the prior year — a significant improvement in consolidated losses. The auditor (GAMS & Associates LLP) issued a Qualified Opinion due to uncertainty around investments and loans totaling ~₹84 crore in subsidiary Whistling Woods International Ltd (WWIL), whose net worth is fully eroded. The Board also approved a ₹1.2 lakh (BHD) investment in Mukta A2 Multiplex W.L.L, a subsidiary. Consolidated debt-to-equity ratio stands at -1.1, indicating negative shareholder funds.
The standalone results show a sharp revenue decline and lower profitability. The consolidated loss has narrowed year-on-year, but the qualified auditor opinion and WWIL's eroded net worth highlight material risk from the subsidiary's legal dispute over Filmcity premises. The negative debt-to-equity ratio signals structural solvency concerns at the consolidated level.