RADAANBSERadaan Mediaworks India LtdHighNeutral
Announced Fri, 29 May · 20:07 IST

Financial Results

Qualified OpinionGoing ConcernRevenue DeclinePat NegativeResults View source PDF

RADAAN · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Radaan Mediaworks India Ltd reported severely declining financials for FY 2025-26. Standalone total income dropped to Rs. 643.97 Lakhs from Rs. 2,288.04 Lakhs in the previous year, while the company posted a net loss of Rs. 482.28 Lakhs compared to a profit of Rs. 33.68 Lakhs in FY 2024-25. The auditor issued a Qualified Opinion for both standalone and consolidated results, citing material uncertainty about the company's ability to continue as a going concern. The company's net worth has fully eroded, with negative equity of Rs. 1,590.40 Lakhs on a standalone basis. There are undisputed statutory dues of Rs. 355.81 Lakhs that remain unpaid as of March 31, 2026. This is the 13th consecutive time (standalone) and 18th time (consolidated) this going concern qualification has been repeated. Additionally, investments in subsidiary Radaan Media Ventures Pte Ltd of Rs. 9.35 Lakhs and loans/advances of Rs. 18.46 Lakhs have not been impaired despite concerns.

Likely market impact

The company is in severe financial distress with eroded net worth and recurring going concern warnings from auditors for multiple years. Shareholders face extreme risk as the company continues to post losses and struggles with liquidity. The repeated qualified opinion signals structural financial problems that could threaten the company's survival.