Touchwood Entertainment Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
TOUCHWOOD · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Touchwood Entertainment reported standalone revenue of ₹7,458 lakhs for FY26, up 8.3% from ₹6,885 lakhs in FY25. However, profit after tax declined 21.2% to ₹424.56 lakhs from ₹538.74 lakhs, impacted by a Rs. 99.20 lakh bad debt write-off (debt outstanding over 5 years) and increased depreciation and finance costs. The auditors issued an Emphasis of Matter noting an Income Tax Department search & seizure operation at the corporate office in January 2026 where Rs. 21 lakhs cash was seized; no tax demand order has been received yet. The Board also rescinded the proposed acquisition of Vanam Wellness & Celebration Private Limited citing commercial and strategic considerations. No dividend was recommended.
The profit decline and bad debt write-off signal operational challenges; the IT search raises regulatory risk; shareholders may face uncertainty given lower earnings and no dividend.