Celebrity Fashions Narrows FY26 Loss to ₹15.72 Cr
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?


































