Announced Fri, 10 Apr · 19:57 IST

Audited Financial Results for Standalone and Consolidated for the quarter and year ended as on March 31, 2026 along with Auditor''s Report with unmodified opinions.

Negative Operating CashflowResults View source PDF

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AI summary

Vashu Bhagnani Industries Ltd (formerly Pooja Entertainment and Films Ltd) announced its audited results for the quarter and year ended March 31, 2026, with the auditor (DSM R & Co) issuing an unmodified opinion. On a standalone basis, total assets grew to Rs. 15,165.82 lakhs (from Rs. 13,608.80 lakhs) and profit before tax rose sharply to Rs. 189.52 lakhs (from Rs. 40.20 lakhs). On a consolidated basis, total assets reached Rs. 21,718.80 lakhs (from Rs. 19,943.40 lakhs), though consolidated profit before tax dipped to Rs. 378.35 lakhs (from Rs. 613.19 lakhs). Consolidated operating cash flow turned positive at Rs. 1,131.98 lakhs versus a Rs. 7,283.34 lakh outflow last year, while standalone operating cash flow remained negative at Rs. (86.04) lakhs. Alongside results, the Board approved a direct listing on NSE (no fresh issue), appointed a new Independent Director, and approved overseas investments up to Rs. 50 crore in the UK for real estate/construction expansion.

Likely market impact

The clean audit opinion and improved consolidated cash position are positives, but the decline in consolidated profit and continued negative standalone operating cash flow may draw investor attention. The proposed NSE direct listing could improve liquidity for shareholders, and the Rs. 50 crore UK real estate foray signals a strategic pivot beyond the core film business.