Recode Studios Limited reported a net profit of ₹1,121.12 lakh for the financial year ended March 31, 2026, a sharp increase of 260% from ₹311.18 lakh in the previous year. Revenue from operations rose 67% to ₹7,994.99 lakh, compared to ₹4,779.81 lakh in FY25. The company delivered strong margin expansion, with EBITDA growing 170% to ₹1,653.90 lakh and EBITDA margin improving by 786 basis points to 20.69%.

The board approved the standalone audited financial results for FY26 at a meeting held on May 30, 2026. RMSG & Associates, Chartered Accountants, issued an unmodified opinion on the results. The statutory auditors confirmed the financial statements provide a true and fair view of the company's net profits and financial position.

Financial Performance

The company's total income for FY26 stood at ₹8,005.82 lakh, up from ₹4,793.93 lakh in the prior year. Total expenses increased to ₹6,504.77 lakh from ₹4,350.48 lakh. Earnings per share (basic and diluted) improved to ₹13.77 for FY26 from ₹3.82 in FY25.

Dividend Declaration

The board recommended a final dividend of ₹0.25 per share on 1,06,44,344 fully paid-up equity shares, aggregating to ₹26.61 lakh. The payout is contingent upon approval by shareholders at the ensuing Annual General Meeting.

Asset Position

As of March 31, 2026, the company's total assets were valued at ₹3,547.17 lakh, compared to ₹2,317.57 lakh in the previous year. Inventories increased to ₹1,072.50 lakh from ₹907.80 lakh, while trade receivables rose to ₹1,537.95 lakh from ₹808.96 lakh. Cash and cash equivalents stood at ₹131.70 lakh.

Way Forward

Management expressed confidence in delivering 50%+ growth in FY27, backed by strong demand trends and deeper market penetration. Strategic deployment of IPO proceeds will focus on strengthening working capital, enhancing market reach, and supporting the next phase of growth. The company plans to expand its retail footprint through FOFO and COCO stores, increase focus on modern trade and quick commerce channels, and strengthen warehousing and distribution infrastructure, including the upcoming Ludhiana warehouse.

Recode Studios will host an earnings conference call on June 3, 2026, to discuss its financial performance for the half-year and year ended March 31, 2026. The meeting is scheduled to begin at 4:00 PM IST and will provide insights into the company's operational results for the specified periods.

The disclosure was made to BSE Limited under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The notification confirms that the management will address investors and analysts regarding the financial outcomes for H2 and FY26.

Management Participation

The conference call will feature key executives from Recode Studios. The leadership team representing the company includes:

• Mr. Dheeraj Bansal, Chairman and Managing Director
• Mr. Narinder Singh, Chief Financial Officer

Conference Call Details

Investors and analysts can participate in the discussion through the following access details:

Registration for the event is available via a dedicated link provided in the invite. For further inquiries, stakeholders may contact the Secretarial Department at Recode Studios or the Moonwalk Capital IR Team.