Party Cruisers appoints Rahul Pramod & Co as internal auditor for FY 2026-27

1 min read     Updated on 28 May 2026, 12:39 PM
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AI Summary

Party Cruisers Limited has appointed M/s. Rahul Pramod & Co. as its internal auditor for the financial year 2026-27. The Board of Directors approved the appointment on May 27, 2026, in compliance with Section 138 of the Companies Act and SEBI Listing Regulations.

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Party Cruisers Limited has appointed M/s. Rahul Pramod & Co. as its internal auditor for the financial year 2026-27. The Board of Directors approved the appointment during a meeting held on May 27, 2026, ensuring compliance with internal audit requirements for listed companies.

The appointment follows the provisions of Section 138 read with Rule 13 of the Companies (Accounts) Rules 2014. The firm brings 36 years of experience in areas including audit and assurance, direct and indirect taxation, and corporate advisory services.

Board Meeting Details

The meeting commenced at 04.00 P.M. and concluded at 05.55 P.M. on May 27, 2026. The approval was intimated to the National Stock Exchange of India Limited under Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Internal Auditor Profile

M/s. Rahul Pramod & Co. is led by a team of five professionals, including three Chartered Accountants and two MBAs. The firm operates from its office in Andheri East, Mumbai, and a branch office in Vashi.

Particulars Details
Name of the firm M/s Rahul Pramod & Co.
Membership No. 155097
Certificate of Practice No. 100149W
Address Meadows 1011-1012, Sahar Plaza Complex, Andheri - Kurla Rd, Next to Chakala Metro Stn, J B Nagar, Andheri East, Mumbai, Maharashtra 400059
Email rahul@rpac.in

Historical Stock Returns for Party Cruisers

1 Day5 Days1 Month6 Months1 Year5 Years
+0.05%-1.72%+8.70%+28.95%+14.94%+365.12%

How will the appointment of M/s. Rahul Pramod & Co. influence Party Cruisers Limited's financial transparency and operational efficiency in FY 2026-27?

What specific areas of internal audit will the firm prioritize given its expertise in taxation and corporate advisory?

Could this appointment signal any upcoming strategic shifts or compliance improvements for Party Cruisers Limited?

Party Cruisers FY26 net profit rises 56% to ₹1233.03 lakh

1 min read     Updated on 28 May 2026, 12:02 PM
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Party Cruisers Limited reported a 56% YoY rise in net profit to ₹1233.03 lakh for FY26, with revenue increasing 26% to ₹14046.38 lakh. The board approved the audited financial results on May 27, 2026. Consolidated net profit stood at ₹1256.44 lakh for the year.

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Party Cruisers Limited reported a 56% year-on-year increase in net profit to ₹1233.03 lakh for the financial year ended March 31, 2026, driven by a 26% rise in revenue from operations to ₹14046.38 lakh. The company’s board approved the audited standalone and consolidated financial statements for the year and half-year ended March 31, 2026, at a meeting held on May 27, 2026.

Revenue from operations for the year ended March 31, 2026, stood at ₹14046.38 lakh compared to ₹11146.32 lakh in the previous year. Total expenses for the period increased to ₹12354.55 lakh from ₹10037.16 lakh in FY25. The company reported a profit before tax of ₹1691.84 lakh for FY26, up from ₹1109.16 lakh in the prior year.

Financial Performance

The standalone financial results for the year ended March 31, 2026, show the following key metrics:

Particulars FY26 (₹ in Lakhs) FY25 (₹ in Lakhs)
Revenue from operations 14046.38 11146.32
Total expenses 12354.55 10037.16
Profit before tax 1691.84 1109.16
Profit after tax 1233.03 790.77
Earnings per share (Basic) 10.29 6.63

Consolidated Results

On a consolidated basis, the company reported a net profit of ₹1256.44 lakh for FY26, compared to ₹830.33 lakh in the previous year. Total revenue for the group increased to ₹14778.06 lakh from ₹11712.77 lakh in FY25. The consolidated results include the performance of subsidiaries such as Sanchjana Petals and Flowers Private Limited, Party Cruisers Events LLC, PCL Events (HYD) Private Limited, and Leo Ace Events Private Limited.

Auditor Observations

The statutory auditor, Ramanand & Associates, noted that the audit trail feature was not enabled at the database level for the accounting software Tally Prime used by the company to log direct data changes. This observation was made in the context of the Ministry of Corporate Affairs requirements regarding audit trails. The auditor issued an unmodified opinion on the standalone and consolidated financial statements.

Historical Stock Returns for Party Cruisers

1 Day5 Days1 Month6 Months1 Year5 Years
+0.05%-1.72%+8.70%+28.95%+14.94%+365.12%

How does Party Cruisers plan to sustain its revenue growth momentum in the next fiscal year?

What steps will the company take to address the auditor's observation regarding the disabled audit trail feature?

Are there any strategic expansions or acquisitions planned for the subsidiaries mentioned in the consolidated results?

More News on Party Cruisers

1 Year Returns:+14.94%