Creative Newtech Limited Announces Audited Results for FY 2026 and Names New Chief Financial Officer
Creative Newtech Limited announced on May 14, 2026, that its Board of Directors had considered and approved the company's audited financial results for the quarter and full financial year ended March 31, 2026. The company also announced the appointment of Mr. Ajit Thakur as its Chief Financial Officer and Key Managerial Personnel.The Board meeting, held on May 14, 2026, confirmed the audited results and recommended a final dividend to the shareholders. The company further recommended a final dividend of Re. 0.50 (Fifty Paise only) per Equity share of face value of Rs. 10 each for the financial year ended March 31, 2026, subject to approval at the Annual General Meeting.
Key Management Personnel Change
During the board meeting, the Board of Directors approved the appointment of Mr. Ajit Thakur as Chief Financial Officer and Key Managerial Personnel, effective May 14, 2026. This appointment replaces Mr. Abhijit Kanvinde, who had resigned from the position of Chief Financial Officer and Key Managerial Personnel on April 14, 2026.Mr. Thakur is a qualified Chartered Accountant and brings over 17 years of experience across diverse sectors, including Finance, Accounts, Strategic Planning, and Risk Management. His background includes holding leadership positions with organizations such as Mahindra & Mahindra Ltd. and Time Technoplast Ltd.
Financial Performance Highlights
Creative Newtech Limited released comprehensive audited financial statements, including both Standalone and Consolidated reports, for the period ended March 31, 2026.Consolidated Financial Results (Rs. in Lacs):
| Particular | For the Quarter ended 31-Mar-26 (Audited) | For the year ended 31-Mar-26 (Audited) | For the year ended 31-Mar-25 (Audited) |
|---|---|---|---|
| Total Income | 74,044.48 | 2,71,751.04 | 1,80,146.78 |
| Total Expenses | 71,868.83 | 2,63,569.44 | 1,73,940.58 |
| Profit/(Loss) before Tax | 2,175.65 | 8,181.60 | 6,206.20 |
| Profit/(Loss) for the year | 1,778.94 | 7,029.29 | 5,311.10 |
| Total Comprehensive Income for the year | 1,761.27 | 7,016.83 | 5,306.61 |
Consolidated Balance Sheet (Rs. in Lacs):
| Particular | As at 31-Mar-26 (Audited) | As at 31-Mar-25 (Audited) |
|---|---|---|
| Total Assets | 93,723.64 | 53,174.50 |
| Total Equity | 38,729.29 | 30,925.56 |
| Total Liabilities | 54,838.06 | 22,249.94 |
Financial Analysis Tables
The following tables provide detailed insights into the company's financial structure and operational performance.Standalone Balance Sheet (Rs. in Lacs):
| Particular | As at 31-03-2026 (Audited) | As at 31-03-2025 (Audited) |
|---|---|---|
| Total Assets | 86,311.16 | 46,816.57 |
| Total Equity | 29,949.67 | 26,602.47 |
| Total Liabilities | 56,206.41 | 20,214.10 |
Standalone Statement of Profit and Loss (Rs. in Lacs):
| Particular | Quarter ended 31-Mar-26 (Audited) | Year ended 31-Mar-26 (Audited) | Year ended 31-Mar-25 (Audited) |
|---|---|---|---|
| Revenue from Operations | 71,791.74 | 2,55,116.00 | 1,63,854.80 |
| Total Income | 71,835.63 | 2,56,889.79 | 1,66,553.86 |
| Profit/(Loss) for the year | 1,240.04 | 3,434.75 | 2,556.44 |
Detailed information regarding segment revenue, assets, and profitability for both standalone and consolidated reporting is provided in the full annexures attached to the announcement.
CNL Stock Price Movement
Creative Newtech Limited shares today slipped by 1.34% to settle at ₹670.2. The stock traded on a total volume of 25,532 shares.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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