Sungold Media & Entertainment Limited announced its audited standalone financial results for the half year and full financial year ended March 31, 2026. The Board of Directors approved the results at its meeting held on Monday, May 04, 2026, which commenced at 02:30 PM and concluded at 03:00 PM. The statutory auditors, M/s Bharat Gupta & Co., Chartered Accountants (Firm Registration No. 131010W), issued an unmodified opinion on the audited financial results in compliance with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Overview

The company reported total income of Rs. 88.815 lakhs for the full year ended March 31, 2026, compared to Rs. 84.014 lakhs in the corresponding previous year. Revenue from operations for FY26 stood at Rs. 82.276 lakhs, marginally lower than Rs. 83.670 lakhs in FY25, while other income rose to Rs. 6.539 lakhs from Rs. 0.344 lakhs in the prior year. Total expenses for FY26 were Rs. 85.712 lakhs against Rs. 80.205 lakhs in FY25, resulting in a profit before tax of Rs. 3.103 lakhs compared to Rs. 3.810 lakhs in the previous year. The following table summarises the key financial metrics across reporting periods:

Expense Breakdown

Among the key expense components for FY26, employee benefit expenses stood at Rs. 35.732 lakhs, compared to Rs. 45.983 lakhs in FY25. Other expenditure for the full year was Rs. 48.248 lakhs against Rs. 33.984 lakhs in the prior year. Depreciation, depletion, and amortisation expense for FY26 was Rs. 1.732 lakhs, up from Rs. 0.238 lakhs in FY25. The company reported nil finance costs, nil cost of materials consumed, and nil purchases of stock-in-trade for both periods.

Balance Sheet Highlights

The company's total assets as on March 31, 2026 stood at Rs. 1165.790 lakhs, marginally higher than Rs. 1165.530 lakhs as on March 31, 2025. Shareholders' funds comprised share capital of Rs. 1100.000 lakhs and reserves and surplus of Rs. 62.725 lakhs, aggregating to Rs. 1162.725 lakhs. The company maintained a debt-free balance sheet with nil long-term and short-term borrowings.

Cash Flow Summary

The statement of cash flows for the period ended March 31, 2026 reflects a net decrease in cash and cash equivalents of Rs. 117.335 lakhs, compared to a net increase of Rs. 103.136 lakhs in the corresponding previous period. Net cash used in operating activities was Rs. (67.916) lakhs for FY26 against net cash from operating activities of Rs. 112.061 lakhs in FY25. Net cash used in investing activities was Rs. (49.419) lakhs compared to Rs. (8.925) lakhs in the prior year, primarily on account of purchase of intangible assets of Rs. (49.819) lakhs. Cash and cash equivalents at the end of the period stood at Rs. 24.293 lakhs, compared to Rs. 141.628 lakhs at the beginning of the period.

Auditor's Declaration and Compliance

The Board confirmed that the statutory auditors' report carries an unmodified opinion with respect to the audited financial results for the half year and financial year ended March 31, 2026, in compliance with Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were reviewed by the Audit Committee and taken on record by the Board of Directors. The company noted that it does not have more than one reportable segment and hence segment-wise reporting is not applicable. The paid-up equity share capital remained unchanged at Rs. 1100.000 lakhs with a face value of Rs. 10.000 per share.

Sungold Media & Entertainment Limited has submitted an official undertaking to BSE Limited confirming its exemption from SEBI's Large Corporate Entity requirements. The company formally communicated its non-applicability status through a detailed undertaking dated April 10, 2026.

Official Undertaking to BSE

The company submitted a comprehensive undertaking to the Listing Department of BSE Limited, clearly stating that it does not fall under the Large Corporate criteria as defined under SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. This circular specifically addresses "Fund raising by issuance of Debt Securities by Large Entities" and establishes mandatory disclosure requirements for qualifying companies.

Regulatory Compliance Confirmation

In the formal communication addressed to BSE Limited's Listing Department at Phiroze Jejeebhoy Towers, Mumbai, the company explicitly stated that it is not required to submit disclosures mentioned in the said circular due to its non-qualification as a Large Corporate Entity. This exemption relieves the company from specific filing obligations under the SEBI framework.

Authorization and Digital Signature

The official undertaking was authorized and digitally signed by Bhavya Devang Maniyar, Company Secretary and Compliance Officer, holding membership number A62856. The digital signature was applied on April 10, 2026, at 15:47:52 +05'30', ensuring the document's authenticity and legal validity.

The communication concluded with a request to BSE Limited to acknowledge receipt of the undertaking and maintain it on record, ensuring proper documentation of the company's compliance status for the upcoming financial year.