Integrated filing financial for the quarter and year ended 31st March 2026
TOUCHWOOD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Touchwood Entertainment Limited reported standalone revenue of Rs 7,458 lakhs for FY2026, up 8.3% from Rs 6,885 lakhs in FY2025. However, profit after tax declined 21% to Rs 424.56 lakhs (from Rs 538.74 lakhs) due to a Rs 99.20 lakh bad debt write-off for sundry debtors outstanding over 5 years. The company also disclosed an income tax department search and seizure operation conducted in January 2026 where Rs 21 lakh cash was seized; no tax demand order has been received yet. The board did not recommend any dividend. Auditors issued an unmodified (clean) opinion with emphasis of matter on the tax search and bad debt write-off. Related party transactions included remuneration to key managerial personnel and transactions with subsidiary MakeMeUp Private Limited.
The 21% decline in net profit despite revenue growth highlights profitability concerns due to the bad debt write-off. The income tax search operation adds regulatory uncertainty. The clean audit opinion provides some comfort, but investors should monitor for any future tax liabilities from the ongoing investigation.