Connplex Cinemas Limited Reports Audited Financial Results for FY 2026; Unmodified Opinion Issued
Connplex Cinemas Limited announced that its Board of Directors approved the audited financial results for the half-year and the full financial year ended March 31, 2026. The company’s statutory auditors, M/s Krutesh Patel & Associates, Chartered Accountants, issued an Audit Report confirming an unmodified opinion on the financial results.The company’s audited standalone financial statements for the year ended March 31, 2026, state that the results give a true and fair view in conformity with applicable Indian Accounting Standards (Ind AS) and other accepted accounting principles.
Financial Performance Summary
The audited financials presented a significant shift in the company's financial standing compared to the previous year.The audited standalone financial results show the following key figures:
| Particulars | For the Year Ended 31.03.2026 | For the Year Ended 31.03.2025 |
|---|---|---|
| Revenue from operations | 8346.07 | 549174 |
| Total income from Operations (Net) | 8,553.80 | 956095 |
| Total Expenses | 6802.15 | 7103.97 |
| Net Profit / (Loss) (before Tax) | 1,751.64 | 2,574.21 |
| Total Comprehensive Income | 130254 | 1897.46 |
The Statement of Cash Flow for the year ending March 31, 2026, detailed the cash generated and utilized:
| Cash Flow Component | For the Year Ended 31.03.2026 (Rs. In Lakhs) | For the Year Ended 31.03.2025 (Rs. In Lakhs) |
|---|---|---|
| Net Cash Flow from Operating Activities | (6,019.38) | 271.07 |
| Net Cash Flow from Investing Activities | (1,438.60) | (451.66) |
| Net Cash Flow from Financing Activities | 8,423.87 | (146.97) |
| Increase / (Decrease) in cash and cash Equivalents | 1,156.58 | 190.69 |
Balance Sheet Snapshot
The company's assets and liabilities as at March 31, 2026, showed a change in capitalization and reserves compared to the previous year.| Particulars | As at 31.03.2026 (Rs. In Lakhs) | As at 31.03.2025 (Rs. In Lakhs) |
|---|---|---|
| Share Capital | 1910.00 | 0.00 |
| Reserves and Surplus | 1152235 | 1064.87 |
| Total Equity and Liabilities | 2466.22 | 246487 |
| Total Assets | 17400.42 | 6124.04 |
Changes in Fund Utilization
Regarding the Initial Public Offer (IPO) of 9027.00 Lakhs, the company detailed a deviation in fund utilization. The Board confirmed that the use of funds was approved by the shareholders via a Special Resolution on February 05, 2026.The deviation involved changing the proposed corporate office premises from 'Mondeal Two (Office No. 1104 to 1108), Near Antriksh Colony BRTS, beside Double Tree by Hilton Hotel, Ambli Road, Vikram Nagar, Bopal, Gujarat - 380054, India' to ''Sakar One' (3rd Floor: Office Nos. 301 to 305), Thaltej-Shilaj Main Road, Opp. Zion Prime, Ahmedabad - 380059'. This change did not alter the aggregate amount proposed for utilization, which remained Rs. 1,479.00 Lakhs.
The unutilized amount of Rs. 4507.95 Lakhs has been parked in various fixed deposits, along with a closing balance of a monitoring account (Rs. 7883) and current account (Rs. 72.37). The total available unutilized funds stood at Rs. 4705.20 Lakhs.
CONNPLEX Stock Price Movement
Connplex Cinemas Limited shares today slipped by 5.76% to settle at ₹271.85 in post-market trading. The stock saw a total volume of 76,800 shares traded.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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