Outcome of the Board Meeting
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shalimar Productions Limited reported audited full-year results for FY2026 with revenue of Rs. 48.16 Lakhs, up from Rs. 16.44 Lakhs in FY2025, representing strong revenue growth of roughly 193%. However, the company continued to incur losses with a net loss of Rs. 119.27 Lakhs, worsening from a loss of Rs. 70.72 Lakhs in the prior year. The auditors (M/s. Bhatter & Associates) issued an unmodified audit opinion. The balance sheet shows total assets of Rs. 10,810.29 Lakhs with a large goodwill balance of Rs. 5,712.06 Lakhs on merger. Current liabilities increased to Rs. 792.76 Lakhs (from Rs. 619.67 Lakhs), largely driven by a rise in other financial liabilities and other current liabilities. Operating cash flow turned positive at Rs. 4.03 Lakhs compared to a negative Rs. 154.70 Lakhs in the prior year. The board also reappointed Mr. Lakhpat M. Trivedi as Internal Auditor for FY2026-27.
Revenue surged nearly 3x year-on-year but the company remains deeply loss-making with losses widening by ~69%. The unmodified audit opinion and positive operating cash flow are reassuring, though the large goodwill asset and rising current liabilities warrant close monitoring.