Radaan Mediaworks FY26 loss widens, auditors flag going concern risk

1 min read     Updated on 30 May 2026, 04:03 AM
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Radaan Mediaworks India Limited announced its audited financial results for the quarter and year ended March 31, 2026, reporting a consolidated net loss of ₹479.42 lakh for the year. The statutory auditors issued a qualified opinion, highlighting material uncertainty regarding the company's ability to continue as a going concern due to eroded net worth and unpaid statutory dues of ₹355.81 lakh. Revenue from operations for the year declined to ₹540.42 lakh. The board also approved the re-appointment of M/s. V. Padmaja & Associates as internal auditors for the upcoming fiscal year.

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Radaan Mediaworks India Limited reported a widened net loss of ₹479.42 lakh for the financial year ended March 31, 2026, compared to a profit of ₹32.76 lakh in the previous year. The company's statutory auditors, SRSV & Associates, issued a qualified opinion on the consolidated financial results, highlighting material uncertainty regarding the Group's ability to continue as a going concern due to fully eroded net worth and a liquidity crunch. The board of directors approved the audited standalone and consolidated financial results at a meeting held on May 29, 2026.

The auditors noted that the Group's current liabilities exceeded its current assets and that undisputed statutory dues of ₹355.81 lakh were pending as of March 31, 2026. Despite these conditions, the management stated that the financial statements were prepared on a going concern basis, supported by a necessary revival plan. Additionally, the auditors drew attention to investments of ₹9.35 lakh and loans and advances of ₹18.46 lakh made to the wholly-owned subsidiary, Radaan Media Ventures Pte Ltd, which have not been impaired.

Revenue from operations for the year stood at ₹540.42 lakh, a significant decrease from ₹2,287.10 lakh in FY25. Total expenditure for FY26 was ₹1,131.49 lakh. The company reported an earnings per share (EPS) of (₹0.89) for the year, compared to ₹0.06 in the previous year. The board also re-appointed M/s. V. Padmaja & Associates as internal auditors for FY 2026-27.

Consolidated Financial Results (FY26)

Particulars Year Ended 31/03/2026 (Audited) Year Ended 31/03/2025 (Audited)
Total Income 650.04 2,288.04
Total Expenditure 1,131.49 2,259.11
Profit/Loss for the period (479.42) 32.76
Total Comprehensive Income (479.35) 32.71
Earnings Per Share (Basic) (0.89) 0.06

The statement of assets and liabilities reflected a total equity deficit of ₹1,621.91 lakh as of March 31, 2026, compared to a deficit of ₹1,142.21 lakh in the prior year. The company's cash and cash equivalents decreased to ₹12.48 lakh from ₹84.65 lakh at the end of FY25.

Historical Stock Returns for Radaan Mediaworks

1 Day5 Days1 Month6 Months1 Year5 Years
-1.95%-4.75%-7.10%-8.79%-25.86%+72.00%

What specific strategies are outlined in the management's revival plan to address the liquidity crunch and restore net worth?

How does the company intend to settle the undisputed statutory dues of ₹355.81 lakh given the severe depletion of cash reserves?

Is Radaan Mediaworks actively seeking strategic partnerships, capital infusion, or debt restructuring to ensure its survival as a going concern?

Radaan Mediaworks Announces Special Window for Physical Share Transfer Re-lodgement

1 min read     Updated on 15 May 2026, 10:54 AM
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Radaan Mediaworks India Limited has notified shareholders of a Special Window for re-lodgement of physical share transfer requests, open for one year from February 05, 2026 to February 04, 2027, in compliance with SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. Shareholders may furnish required documents to Registrar and Share Transfer Agent CAMEO Corporate Services Limited at Chennai or via email at investor@cameoindia.com. The disclosure, signed by Chairperson & Managing Director R. Radikaa Sarathkumar, was made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015.

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Radaan Mediaworks India Limited has notified its shareholders and the stock exchanges about the publication of a newspaper advertisement regarding a Special Window for re-lodgement of transfer requests for physical shares. The disclosure was made pursuant to Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The advertisements were published in both English and Tamil newspapers on May 13, 2026.

Regulatory Background

The Special Window has been established in compliance with SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. This initiative is designed to provide shareholders an opportunity to re-lodge physical share transfer requests that were previously rejected, returned, or left unattended due to deficiencies in documents, process, or otherwise.

Key Details of the Special Window

The following table summarises the key parameters of the Special Window as announced by the company:

Parameter: Details
Window Open Date: February 05, 2026
Window Close Date: February 04, 2027
Duration: One year
SEBI Circular Reference: No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026
Registrar & Share Transfer Agent: CAMEO Corporate Services Limited
RTA Address: Subramaniam Building, No. 1 Club House Road, Chennai - 600 002
RTA Email: investor@cameoindia.com

Shareholder Action Required

Shareholders whose physical share transfer requests were previously rejected, returned, or not attended to are encouraged to take advantage of this opportunity. They may do so by:

  • Furnishing the necessary documents to the company's Registrar and Share Transfer Agent, CAMEO Corporate Services Limited, at Subramaniam Building, No. 1 Club House Road, Chennai - 600 002
  • Submitting documents via email at investor@cameoindia.com

The announcement was signed by R. Radikaa Sarathkumar, Chairperson & Managing Director of Radaan Mediaworks India Limited, and is dated May 14, 2026. The company is registered at No. 14, Jayammal Road, Teynampet, Chennai - 600018.

Historical Stock Returns for Radaan Mediaworks

1 Day5 Days1 Month6 Months1 Year5 Years
-1.95%-4.75%-7.10%-8.79%-25.86%+72.00%

How many shareholders of Radaan Mediaworks are estimated to have pending or rejected physical share transfer requests, and what is the total value of shares potentially affected?

Will SEBI's Special Window initiative lead to a broader push for complete dematerialization of physical shares across Indian listed companies after the February 2027 deadline?

How might the resolution of long-pending physical share transfer requests impact Radaan Mediaworks' shareholder base composition and potential retail investor sentiment toward the stock?

More News on Radaan Mediaworks

1 Year Returns:-25.86%