Picturepost Studios Limited reported a net profit of ₹503.71 lakh for the financial year ended March 31, 2026, on the back of revenue from operations amounting to ₹3,712.44 lakh. The company's Board of Directors approved the audited standalone and consolidated financial results for the half year and year ended March 31, 2026, at a meeting held on June 03, 2026. Bagaria & Co LLP, the statutory auditors, issued an audit report with an unmodified opinion on the financial results.

For the year ended March 31, 2026, the company recorded a total revenue of ₹3,725.36 lakh, comprising ₹3,712.44 lakh from operations and ₹12.92 lakh from other income. Total expenses for the period were ₹3,048.42 lakh. The profit before tax for the year stood at ₹676.94 lakh, with a tax expense of ₹173.23 lakh, inclusive of current tax, deferred tax, and short/excess provisions.

The financial performance for the half year ended March 31, 2026, showed a revenue from operations of ₹821.58 lakh and a net profit of ₹59.68 lakh. In comparison, the half year ended September 30, 2025, reported a revenue of ₹1,212.45 lakh and a net profit of ₹23.95 lakh. Earnings per share (EPS) for the full year FY26 was ₹1.72 on a basic and diluted basis.

The company's balance sheet as of March 31, 2026, indicated total assets of ₹3,955.42 lakh and total equity and liabilities of ₹3,955.42 lakh. Equity share capital remained constant at ₹293.00 lakh, while reserves and surplus increased to ₹2,626.56 lakh from ₹2,542.94 lakh in the previous year. Cash and cash equivalents stood at ₹5.84 lakh as of March 31, 2026, compared to ₹102.16 lakh in the prior year.

In a disclosure regarding fund utilization, the company confirmed that there was no deviation or variation in the use of funds raised via public issues. The total amount raised was ₹1,872.00 lakh, and the funds were utilized according to the objects stated in the offer documents without any deviation.

Financial Results for FY26

Picturepost Studios Limited has appointed Ms. Urvashi Dilip Maharshi as an Additional Director in the category of Non-Executive Independent Woman Director, effective June 02, 2026. The appointment, approved by the Board at its meeting on June 02, 2026, is subject to shareholder approval and aims to strengthen the company's governance framework. Ms. Maharshi is a seasoned Chartered Accountant and Law graduate with over 18 years of professional experience in financial management, regulatory compliance, and strategic planning.

The Board of Directors approved the appointment pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 4 P.M. and concluded at 5 P.M. on June 02, 2026. Ms. Maharshi is not liable to retire by rotation and has confirmed that she meets the criteria of independence under Section 149(6) of the Companies Act, 2013 and Regulation 16(1)(b) of the SEBI LODR Regulations.

Ms. Urvashi Dilip Maharshi is a member of the Institute of Chartered Accountants of India (ICAI) and a Committee Member of WIRC-ICAI. She is the Founder of UMC0 and specializes in Risk Advisory and Audit & Assurance, with extensive exposure to IFRS and Ind AS implementation. Her expertise includes financial reporting, risk management, and strategic tax advisory, having led engagements for large multinational corporations.

The appointment details were disclosed in compliance with SEBI Circulars bearing reference no. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 and SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Ms. Maharshi is not related to any Director of the Company and does not hold any shares in Picturepost Studios Limited. She is not debarred from holding the office of Director by any order of SEBI or other authorities.

Appointment Details