Celebrity Fashions Narrows FY26 Loss to ₹15.72 Cr

4 min read     Updated on 16 May 2026, 12:16 PM
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Anirudha BScanX News Team
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Celebrity Fashions Limited reported a net loss of ₹15.72 crores for FY26, an improvement from the previous year's loss of ₹18.26 crores, while revenue from operations rose to ₹172.06 crores. The statutory auditors issued an unmodified opinion despite noting material uncertainty regarding going concern due to accumulated losses of ₹54.93 crores. The board also approved the re-appointment of M/s. R V K S and Associates as internal auditors for the financial year 2026-27.

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Celebrity Fashions Limited has announced its audited standalone financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the results at a meeting held on May 16, 2026. The financial statements carry an unmodified audit opinion from statutory auditors SRSV & Associates, Chartered Accountants, Chennai.

Financial Performance Overview

The company reported a net loss of ₹15.72 crores for the full year FY26, an improvement from the ₹18.26 crores loss recorded in FY25. Revenue from operations grew to ₹172.06 crores from ₹165.26 crores in the previous year. Total expenses for FY26 stood at ₹188.20 crores against total income of ₹172.48 crores. Tax expenses were nil for both years.

Metric: Q4 FY26 (Audited) FY26 (Audited) FY25 (Audited)
Revenue from Operations (₹ Cr): 43.49 172.06 165.26
Total Income (₹ Cr): 43.74 172.48 165.67
Total Expenses (₹ Cr): 45.36 188.20 183.93
Net Loss after Tax (₹ Cr): (1.62) (15.72) (18.26)
Basic EPS (₹, Not Annualised): (0.31) (2.63) (3.22)

Expense Breakdown

The major cost components for the full year included Cost of Material Consumed at ₹74.08 crores and Employee Benefits Expense at ₹60.75 crores. Finance costs amounted to ₹6.10 crores, while Depreciation & Amortisation stood at ₹4.12 crores.

Balance Sheet and Cash Flow

As of March 31, 2026, total assets stood at ₹111.60 crores, down from ₹147.03 crores in the previous year. Total equity decreased to ₹9.62 crores from ₹20.55 crores, reflecting accumulated losses of ₹54.93 crores. The company generated net cash from operating activities of ₹30.74 crores in FY26, compared to ₹3.07 crores in FY25, driven by a decrease in debtors and inventories.

Auditor's Note and Disclosures

The statutory auditors highlighted a material uncertainty related to going concern due to accumulated losses but confirmed sufficient evidence to support the company's status as a going concern. The company noted that it absorbed additional discounts and price reductions amounting to ₹18.70 crores up to the fourth quarter to mitigate the impact of US tariffs. Additionally, the board approved the re-appointment of M/s. R V K S and Associates, Chartered Accountants, as internal auditors for FY 2026-27.

Source: None/Company/INE185H01016/e5c9ba92-881a-4ef7-813c-d8c9f9641bb2.pdf

Historical Stock Returns for Celebrity Fashions

1 Day5 Days1 Month6 Months1 Year5 Years
+5.84%+8.44%+6.27%-2.69%-39.16%+6.27%

Will Celebrity Fashions be able to renegotiate the additional discounts with major US customers now that the tariffs and penalties have been withdrawn, and what is the timeline for potential revenue recovery?

Given the sharp decline in total assets from ₹147 crore to ₹111.60 crore and equity erosion to ₹9.62 crore, what capital restructuring or fundraising measures is the management considering to address the going concern risk?

How might any future changes in US trade policy or new tariff impositions on Indian textile exports affect Celebrity Fashions' already thin margins and loss trajectory in FY27?

Celebrity Fashions Limited Receives Listing Approval for 48,69,933 Equity Shares on Preferential Basis

2 min read     Updated on 23 Apr 2026, 06:52 PM
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Celebrity Fashions Limited secured listing approval from BSE and NSE on April 22, 2026, for 48,69,933 equity shares of ₹10 each allotted on preferential basis at ₹10.31 per share including premium of ₹0.31. The company must fulfill trading approval requirements within seven working days and comply with SEBI regulations for shareholding pattern filing if capital change exceeds two percent.

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Celebrity fashions Limited has secured listing approval from both major Indian stock exchanges for its preferential share allotment. The company received formal approval from BSE Limited and National Stock Exchange of India Limited on April 22, 2026, for listing 48,69,933 equity shares under regulatory compliance requirements.

Share Allotment Details

The preferential share issue comprises specific parameters that highlight the company's capital raising initiative:

Parameter: Details
Number of Shares: 48,69,933 equity shares
Face Value: ₹10 per share
Issue Price: ₹10.31 per share
Premium: ₹0.31 per equity share
Distinctive Numbers: 59678414 to 64548346
Allotment Basis: Preferential basis
Consideration: Cash

The shares have been allotted to both promoters and non-promoters on preferential basis, representing a strategic capital infusion for the company.

Regulatory Compliance and Approvals

The listing approval was granted in accordance with Regulation 30 of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulation 2015. Both exchanges have provided their formal consent for the shares to be listed and traded on their platforms.

BSE Limited, through its communication dated April 22, 2026, acknowledged receipt of the company's application along with required enclosures and granted listing approval. The exchange emphasized compliance with Regulation 167 of SEBI (ICDR) Regulations and other SEBI specifications.

Trading Approval Requirements

Before trading approval is granted, Celebrity Fashions Limited must fulfill several mandatory requirements:

  • Submit listing approval from National Stock Exchange of India Limited
  • Provide confirmation letters from NSDL/CDSL regarding crediting shares to beneficiary accounts
  • Submit confirmation about admitting the capital to the depository system
  • Provide confirmation letters about lock-in of pre-preferential holding if applicable

Compliance Timeline and Obligations

The company must adhere to specific regulatory timelines for trading approval. According to SEBI circular SEBI/HO/CFD/PoD-2/P/CIR/2023/00094 dated June 21, 2023, listed entities must apply for trading approval within seven working days from the date of listing approval grant.

Additionally, if there is a change exceeding two percent of the total paid-up share capital, the company must file the shareholding pattern in XBRL mode as required under Regulations 31(1)(c) of SEBI LODR Regulations, 2015.

Next Steps

The shares will be listed and admitted to dealings on the exchanges upon receipt of confirmation from depositories NSDL/CDSL for credit of beneficiaries' accounts. This preferential allotment represents a significant step in Celebrity Fashions Limited's capital structure enhancement and regulatory compliance framework.

Historical Stock Returns for Celebrity Fashions

1 Day5 Days1 Month6 Months1 Year5 Years
+5.84%+8.44%+6.27%-2.69%-39.16%+6.27%

How will this ₹50.2 crore capital infusion impact Celebrity Fashions Limited's expansion plans and market positioning in the competitive fashion industry?

What strategic initiatives or acquisitions might Celebrity Fashions pursue with the fresh capital raised through this preferential allotment?

Will the dilution from 48.69 lakh new shares affect the company's earnings per share and dividend policy in upcoming quarters?

More News on Celebrity Fashions

1 Year Returns:-39.16%