Financial Results for the financial year ended on 31st March 2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Thinkink Picturez Ltd reported total revenue of ₹377.75 Lakhs for FY26, down significantly from ₹1,028.75 Lakhs in FY25 (approximately 63% decline). However, the company turned profitable with a net profit of ₹135.81 Lakhs versus a loss of ₹9.46 Lakhs in the prior year. The statutory auditor, Chandabhoy & Jassoobhoy, has issued a DISCLAIMER OF OPINION on the financial statements - the most serious audit qualification. The auditor could not verify critical items including bank balances, inventory existence, trade receivables/payables, GST receivables, TDS receivables, income tax records, and fixed assets. The company also failed to disclose MSME creditor bifurcation (non-compliant with MSMED Act) and contingent liabilities. Operating cash flow was negative at ₹95.80 Lakhs. Management dismissed the qualifications as 'non accessibility of documents' with no impact on results.
A disclaimer of opinion is a severe red flag indicating fundamental doubts about the reliability of the financial statements. Shareholders should be highly cautious as the auditors could not verify major assets, liabilities, and transactions. Revenue declined sharply while profits improved, raising questions about the quality of earnings. The company's governance and internal controls appear weak.