Padmalaya Telefilms FY26 loss widens, auditors flag unpaid GST

1 min read     Updated on 30 May 2026, 10:23 PM
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Reviewed by
Jubin VScanX News Team
AI Summary

Padmalaya Telefilms Limited reported a widened net loss of ₹54.75 lakh for FY26, compared to ₹27.24 lakh in FY25, as total income dropped to ₹14.90 lakh and expenses increased to ₹69.65 lakh. The statutory auditors issued a qualified opinion due to unpaid GST liabilities of ₹56.06 lakh and the lack of physical verification for inventory worth ₹1,313.14 lakh, raising concerns about asset valuation. Total assets declined to ₹1,963.20 lakh, while borrowings increased to ₹54.40 lakh.

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Padmalaya Telefilms Limited reported a net loss of ₹54.75 lakh for the financial year ended March 31, 2026, widening from a loss of ₹27.24 lakh in the previous year. The company's total income for the year declined to ₹14.90 lakh from ₹23.70 lakh in FY25, while total expenses increased to ₹69.65 lakh from ₹50.94 lakh. The statutory auditors issued a modified opinion on the financial results, citing unpaid GST liabilities and the absence of physical verification reports for inventory valued at ₹1,313.14 lakh.

Financial Performance

The company recorded a loss from operations before tax of ₹54.75 lakh for FY26, compared to a loss of ₹27.24 lakh in the previous year. For the quarter ended March 31, 2026, the net loss stood at ₹27.94 lakh. Basic earnings per share (EPS) for the year was a loss of ₹0.32, compared to a loss of ₹0.16 in FY25. The company operates in a single segment: Film Production, Distribution & Exhibition.

Metric FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Total Income 14.90 23.70
Total Expenses 69.65 50.94
Net Loss (54.75) (27.24)
Basic EPS (0.32) (0.16)

Audit Qualifications

P. Murali & Co., Chartered Accountants, issued a qualified opinion in their audit report. The auditors noted that the company has not paid GST liabilities of ₹56.06 lakh as of March 31, 2026. Additionally, the company failed to submit physical verification reports for inventory aggregating to ₹1,313.14 lakh. The auditors stated they were unable to obtain sufficient appropriate audit evidence regarding the physical existence and valuation of this inventory, nor could they comment on its realizable value due to the lack of alternative corroborative evidence.

Balance Sheet Highlights

The company's total assets stood at ₹1,963.20 lakh as of March 31, 2026, down from ₹2,011.52 lakh in the previous year. Total equity decreased to ₹1,557.63 lakh from ₹1,612.38 lakh. Current liabilities rose to ₹371.36 lakh from ₹364.95 lakh, primarily driven by an increase in borrowings to ₹54.40 lakh from ₹38.20 lakh. Cash and cash equivalents improved marginally to ₹0.61 lakh from ₹0.51 lakh.

Historical Stock Returns for Padmalaya Telefilms

1 Day5 Days1 Month6 Months1 Year5 Years
+4.87%+0.99%+3.54%-23.98%-0.97%+56.70%

How does the company plan to address the unpaid GST liabilities of ₹56.06 lakh given the widening net loss?

What steps will management take to complete the physical verification of the ₹1,313.14 lakh inventory to satisfy auditors?

Will the increase in borrowings to cover operational gaps continue in the coming fiscal year?

Padmalaya Telefilms Appoints Ms. Shraya Jaiswal as Company Secretary and Compliance Officer

1 min read     Updated on 16 Apr 2026, 11:07 PM
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Reviewed by
Radhika SScanX News Team
AI Summary

Padmalaya Telefilms Limited has appointed Ms. Shraya Jaiswal as Company Secretary & Compliance Officer effective April 15, 2026, following board approval. Ms. Jaiswal is a qualified Company Secretary with over a decade of experience in corporate laws, compliance, and listing requirements. She maintains independence from the board with no relationships to existing directors and meets all regulatory requirements for the position.

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Padmalaya telefilms Limited has announced a key leadership appointment, naming Ms. Shraya Jaiswal as the company's new Company Secretary & Compliance Officer. The appointment, effective from April 15, 2026, was approved by the Board of Directors during their meeting held on the same date.

Board Meeting and Appointment Details

The Board of Directors convened on April 15, 2026, with the meeting commencing at 04.30 PM and concluding at 06.30 PM. During this session, the board unanimously approved Ms. Jaiswal's appointment to the crucial compliance role within the organization.

Parameter: Details
Appointee: Ms. Shraya Jaiswal
Position: Company Secretary & Compliance Officer
Effective Date: April 15, 2026
Meeting Duration: 04.30 PM to 06.30 PM
Reason for Change: Appointment

Professional Background and Qualifications

Ms. Shraya Jaiswal brings substantial expertise to her new role, holding the qualification of Company Secretary with membership number A40296. Her professional background spans over a decade, with extensive experience across multiple critical areas of corporate governance.

Her areas of expertise include:

  • Corporate laws and regulations
  • Compliance management
  • Secretarial matters
  • Listing compliances and regulatory requirements

Independence and Regulatory Compliance

The company has confirmed that Ms. Jaiswal maintains complete independence from the existing board structure. She is not related to any Director of the Company, ensuring objective oversight of compliance matters. Additionally, regulatory checks confirm that she is not debarred from holding office by virtue of any SEBI order or any other regulatory authority.

Regulatory Disclosure

The appointment has been formally communicated to BSE Limited in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure includes all mandatory details as required under SEBI Circular CIR/CFD/CMD/4/2015 dated September 9, 2015, ensuring full transparency with market regulators and stakeholders.

Historical Stock Returns for Padmalaya Telefilms

1 Day5 Days1 Month6 Months1 Year5 Years
+4.87%+0.99%+3.54%-23.98%-0.97%+56.70%

What strategic compliance initiatives might Ms. Jaiswal implement to strengthen Padmalaya Telefilms' regulatory framework?

How could this leadership change impact the company's expansion plans in the telefilm and entertainment sector?

Will this appointment signal potential upcoming corporate restructuring or new business ventures for Padmalaya Telefilms?

More News on Padmalaya Telefilms

1 Year Returns:-0.97%