BSE: 531033
REGAL ENTERTAINMENT & CONSULTA
Operates as a non-banking financial company (NBFC) listed on BSE under the Financial Services classification. FY26 revenue was Rs. 0.8982 crore with net profit of Rs. 0.0537 crore, the latter declining about 90% from Rs. 51.88 lakhs in FY25 per company filings. The cost structure is dominated by employee expenses at 32% of revenue and other operating expenses at 110.2% of revenue. Total assets stand at Rs. 2.6231 crore. Operating cash flow turned sharply negative to Rs. -121.58 lakhs in FY26 from positive Rs. 176.81 lakhs in FY25, and cash reserves fell to Rs. 37.97 lakhs from Rs. 227.23 lakhs. The auditors have issued a qualified opinion for five consecutive years, unable to verify Rs. 18.73 lakhs of investments in shares and securities due to missing demat statements. In April 2026, a rights issue was completed allotting 58,36,990 shares at Rs. 14 each, raising about Rs. 8.17 crore and lifting paid-up equity capital from Rs. 3.07 crore to Rs. 8.91 crore. AR · MarketPing reader · 2026-08-03
Revenue streams, as the annual report describes them. NBFC operations. Small, thinly-traded BSE-listed NBFC with a cost-heavy opex base, sharp profit decline and persistent auditor qualifications.
Exhibit 1: Financial summary, FY23–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | 0 | 0 | 1 | 1 |
| EBITDA (ex other income) | (0) | 0 | 1 | (0) |
| margin % | (31.7) | 2.8 | 69.7 | (42.2) |
| Owners' profit | (0) | 0 | 1 | 0 |
| EPS, as reported (₹) | (0.09) | 0.01 | 1.69 | 0.17 |
| ROE % · ROCE % | (1.6) · — | 0.1 · — | 23.0 · — | 2.3 · — |
| Debt / equity (x) | — | — | — | — |
| Cash from operations | 0 | (0) | 2 | (1) |
| Capex | 0 | 0 | 0 | 0 |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 0 | (0) | 0 | (0) | 0 | (0) |
| Net profit | 0 | 0 | 0 | (0) | 0 | (0) | 0 | (0) |
| EPS (₹) | 0.04 | 0.98 | 0.65 | (0.59) | 0.15 | (0.08) | 0.70 | (0.07) |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| BAJAJ FINANCE LIMITED | 5,70,768 | 28.1 | 4.88 | — | 16.5 | — | 25.2 | 70.7 |
| SHRIRAM FINANCE LIMITED | 1,94,820 | 14.6 | 2.96 | — | 15.2 | — | 22.5 | 74.7 |
| CHOLAMANDALAM IN & FIN CO | 1,31,798 | 22.8 | 4.33 | — | 17.2 | — | 26.5 | 71.2 |
| TATA CAPITAL LIMITED | 1,31,209 | 24.0 | 2.79 | — | 10.4 | — | — | 75.8 |
| MUTHOOT FINANCE LIMITED | 96,352 | 8.5 | 2.42 | — | 26.7 | — | 22.0 | 84.0 |
| SBI CARDS & PAY SER LTD | 50,202 | 22.1 | 3.19 | — | 13.8 | — | — | 33.1 |
| SUNDARAM FINANCE LTD | 43,766 | 19.6 | 2.94 | — | 13.8 | — | — | 78.4 |
| AUTHUM INVEST & INFRA LTD | 42,040 | 7.2 | 2.85 | — | 13.1 | — | — | 90.1 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 25.4 | 18.1 | 126 of 200 | 37% |
| P/B | 6.9 | 1.1 | 242 of 253 | 4% |
| ROE | 2.3 | 3.1 | 148 of 257 | 43% |
| EBITDA margin | (45.5) | 48.6 | 207 of 249 | 17% |
| Revenue growth | 59.3 | 12.6 | 52 of 231 | 78% |
| Profit growth | 67.6 | 7.8 | 76 of 251 | 70% |
| Market cap | 16 | 34 | 185 of 268 | 31% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 21 Oct 2026 · Board meeting on Nov 2, 2026 to approve Q2/H1 FY26-27 results | results | low | — | — |
| 13 Oct 2026 · No investor complaints in Q2 FY26-27: Regal Entertainment | compliance | minimal | — | — |
| 13 Oct 2026 · Quarterly compliance certificate for share dematerialization filed | compliance | minimal | — | — |
| 6 Oct 2026 · Non-promoter group reshuffles stake; buyer nears 15% open offer trigger | ownership changes | high | — | — |
| 6 Oct 2026 · Northern Lights Ventures acquires 2.82% via open market - inter-se transfer from PAC | ownership changes | medium | — | — |
| 3 Oct 2026 · Routine disclosure on compliance officer and RTA details | compliance | minimal | — | — |
| 25 Sept 2026 · 34th AGM: Capital hike to Rs 40 cr, borrowing limit Rs 20 cr approved | board shareholder meetings | low | — | — |
| 25 Sept 2026 · Northern Lights Ventures acquires 2.24% stake in Regal Entertainment via open market | ownership changes | medium | — | — |
| 25 Sept 2026 · Non-promoter PAC shifts 2.24% stake among themselves via open market sale | ownership changes | high | — | — |
| 25 Sept 2026 · Inter-se transfer within PAC group: Nisha Gupta sells 2.24% shares | ownership changes | high | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.