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

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.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.05%	-1.72%	+8.70%	+28.95%	+14.94%	+365.12%

Party Cruisers Limited convened a Board of Directors meeting on May 12, 2026, during which two significant corporate actions were approved. The meeting, held pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, commenced at 12:00 PM and concluded at 14:00 PM. The decisions were communicated to the National Stock Exchange of India Limited by Managing Director Mr. Zuzer Hatim Lucknowala (DIN: 00979509).

Fund Raise of Up to ₹30 Crore Through Equity Shares

The board approved an initial proposal for fund raising through the issuance and allotment of equity shares or any other eligible securities. The aggregate fund raise is proposed at up to Rs. 30,00,00,000/- (Rupees Thirty Crore Only). The issuance may be carried out through one or more permissible modes, including:

Private placement
Preferential issue
Rights issue
Qualified institutions placement
Further public offer
Any other method permitted under applicable laws

The proposal is subject to compliance with the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, and the applicable provisions of the Companies Act, 2013 and rules framed thereunder. The terms of the issue, list of proposed allottees, issue price, and other details are to be disclosed at subsequent board meetings. The issuance will also require shareholders' approval before it becomes effective.

Increase in Authorised Share Capital

The board further approved a proposal to increase the authorised share capital of the company. The following table summarises the key details of the proposed change:

Parameter:	Details
Existing Authorised Share Capital:	₹12,00,00,000/- comprising 1,20,00,000 equity shares of ₹10/- each
Revised Authorised Share Capital:	₹15,00,00,000/- comprising 1,50,00,000 equity shares of ₹10/- each
Nature of Amendment:	Alteration of Clause V (Capital Clause) of the Memorandum of Association
Reason for Alteration:	To enable future issue of securities/fund raising and to meet business requirements
Approval Required:	Shareholders' approval and other statutory/regulatory approvals, consents, or filings
Effective Date:	Upon shareholders' approval and filing of requisite e-forms with the Registrar of Companies, Ministry of Corporate Affairs

The consequent alteration of Clause V of the Memorandum of Association of the company will become effective upon receipt of shareholders' approval and the filing of the requisite e-forms with the Registrar of Companies, Ministry of Corporate Affairs. The details have been disclosed in accordance with Regulation 30 of the Listing Regulations, read with the relevant SEBI circulars.

Regulatory Compliance and Disclosures

The disclosures pertaining to the increase in authorised share capital have been made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. CIR/CFD/CMD/4/2015 dated July 13, 2023, Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and SEBI Circular No. SEBI/HO/CFD/CFD-PoD2/CIR/P/2024/185 dated December 31, 2024. Both corporate actions remain subject to the requisite shareholder and regulatory approvals before they can be implemented.