Financial Results for the year ended on 31/03/2026
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Thinkink Picturez Ltd reported profit after tax of Rs. 135.81 Lakhs for FY26 compared to a loss of Rs. 9.46 Lakhs in FY25. Revenue from operations declined sharply to Rs. 247.75 Lakhs from Rs. 898.75 Lakhs the previous year. However, the statutory auditors (Chandabhoy & Jassoobhoy) issued a DISCLAIMER OF OPINION, refusing to express any opinion on the financial results. The auditors cited 11 major issues including lack of supporting documentation for sales, purchases, inventory and receivables; missing bank statements and bank reconciliations; no fixed assets register; no GST/income tax/TDS records; unsecured loans without agreements; and non-disclosure of MSME creditor bifurcation and contingent liabilities. Management claimed this was due to 'non-accessibility of documents' and stated no financial impact. The company also reported negative operating cash flow of Rs. 95.80 Lakhs despite reporting profit.
This is a highly negative development. A disclaimer of opinion is more serious than a qualified opinion as auditors refuse to validate the entire financial statement. The combination of revenue decline, negative operating cashflow, and severe audit qualifications suggests significant governance and internal control weaknesses. Shareholders should be extremely cautious.