Shemaroo Entertainment Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
SHEMAROO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Shemaroo Entertainment reported significant financial deterioration for FY 2025-26. Standalone revenue declined to Rs 54,731.37 lakhs from Rs 65,048.93 lakhs in the previous year (approx 16% decline). The company posted a standalone net loss of Rs 22,161.07 lakhs compared to a loss of Rs 8,749.61 lakhs in FY25, with consolidated net loss at Rs 21,861.58 lakhs. Operational costs at Rs 64,293 lakhs exceeded revenue, indicating unsustainable cost structure. The auditors issued an unmodified (clean) opinion but drew attention to an ongoing GST department demand order for alleged inadmissible Input Tax Credit recovery of Rs 7,025.61 lakhs plus penalties, which is pending before the Bombay High Court Larger Bench. The company also allotted 14.1 lakh equity shares to promoters at Rs 110/share (Rs 155.1 crore) towards debt conversion. CFO Amit Haria resigned effective May 21, 2026, and Ashish Gupta was appointed new CFO from May 22, 2026.
The stock faces significant headwinds due to widened losses and revenue decline. The large pending GST demand (over Rs 7,000+ lakhs) creates contingent liability risk. Management change at CFO level adds to near-term uncertainty. Shareholders should monitor liquidity and cost control measures closely.