Studio LSD Limited Approves Financial Results, Re-appoints Key Personnel
Studio LSD Limited announced on May 30, 2026, that its Board of Directors held its quarterly meeting and approved the company's financial results for the half-year ended March 31, 2026, along with the Annual Report for the year ended March 31, 2026. The Board also approved the re-appointment of its Internal Auditor and addressed disclosures regarding Related Party Transactions (RPT).The company released detailed financial statements, including the Balance Sheet, Profit and Loss Account, and Cash Flow Statement, providing an overview of its financial position.
Financial Performance Highlights
The statement of standalone financial results for the year ended March 31, 2026, and the half-year ended March 31, 2026, showed the following key figures (Amounts in Lakhs):| Particulars | Half-Year Ended 31st March, 2026 (Audited) | Year Ended 31st March, 2026 (Audited) |
|---|---|---|
| Revenue from Operations | 3,284.40 | 7,211.31 |
| Other Income | 116.56 | 221.74 |
| Total Revenue | 3,400.96 | 10,500.70 |
| Total Expenses | 3,088.65 | 8,923.20 |
| Profit/(loss) before tax | 312.31 | (76.55) |
| Profit/(loss) for the period | 249.01 | (100.02) |
| Earnings per Share (Basic) | 0.48 | (0.21) |
The Balance Sheet as at March 31, 2026, indicated significant growth in equity and assets:
| Particulars | As at 31st March, 2026 (Audited) | As at 31st March, 2025 (Audited) |
|---|---|---|
| Share Capital | 1,037.84 | 817.84 |
| Reserves and Surplus | 6,885.73 | 1,935.88 |
| Total Shareholders' Funds | 7,923.57 | 2,753.72 |
| Total Current Liabilities | 1,369.62 | 1,900.18 |
| Total Non-Current Assets | 1,314.83 | 1,106.72 |
| Total Assets | 9,315.46 | 4,666.89 |
The Cash Flow Statement reported the following movements (Amounts in Lakhs):
| Activity | Year Ended 31st March, 2026 (Audited) | Year Ended 31st March, 2025 (Audited) |
|---|---|---|
| Net cash inflow from operating activities | (2,225.45) | 571.02 |
| Net cash outflow from investing activities | (151.65) | (911.32) |
| Net cash outflow from financing activities | 5,267.21 | 0.12 |
| Cash and Cash Equivalents at end of the year | 3,122.85 | 232.74 |
Corporate Governance and Management Updates
During the Board meeting, the company approved several corporate governance matters, including the re-appointment of its Internal Auditor and the disclosure of related party transactions.Director Re-appointment:
The Board approved the re-appointment of Mr. Parth Shah (DIN: 07990904), who retires by rotation. Mr. Parth Shah, who is a promoter of the company, holds 76,38,445 Equity shares. He has a degree in Bachelor of Science (Electronic Media) from Educational Multimedia Research Center, Devi Ahilya Vishwavidyalaya, Indore. Professionally, he has over a decade of experience in the Entertainment Industry.
Internal Auditor:
The Internal Auditor of the Company for the Financial Year 2026-27 was re-appointed as Mr. S. M. Bhat, Proprietor of M/s. S. M. Bhat & Associates (Membership No.: 030696).
Related Party Transactions (RPT):
The Board also approved and disclosed the Related Party Transactions on a consolidated basis for the half-year ended March 31, 2026.
IPO Proceeds Utilization
The company provided a detailed status report on the utilization of Initial Public Offering (IPO) proceeds. Out of a total planned amount of 53.9 (In Crores), the company had utilized 28.08 (In Crores) up to March 31, 2026.| Purpose | Planned as per Prospectus (In Crores) | Utilised till year ended as on 31-03-2026 (In Crores) | Pending to be utilised as on 31-03-2026 (In Crores) |
|---|---|---|---|
| Construction of Studio | 18.0 | - | 18.0 |
| Working Capital Requirements | 27.4 | 24.05 | 3.35 |
| General Corporate Expenses | 8.5 | 4.03 | 4.47 |
| Total | 53.9 | 28.08 | 25.82 |
STUDIOLSD Stock Price Movement
As of 10:49 AM, shares of Studio LSD Limited are rallying, edging up 3.21% in live trading to ₹11.25. The stock is seeing movement on a volume of 4,000 shares during the active trading session.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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