Radaan Mediaworks FY26 loss widens, auditors flag going concern risk
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 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 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?






























