🔍

V R Films & Studios Ltd (542654)

📊 BSE: 542654 🏢 Film Production, Distribution & Exhibition 📢 Latest filing: 17 Aug 2026

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, V R's revenue was ₹1.3 Cr, and net profit ₹-1.1 Cr; the operating margin was -62.0%.

Q1 FY27 (₹ Cr)	Value	YoY	QoQ
Revenue	₹1.3	—	-58.4%
Operating profit	₹-0.8	—	to loss
Net profit	₹-1.1	—	to loss
EPS (₹)	-1.04	—	to loss
Operating margin	-62.0%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

V R Films & Studios: Independent Director Resigns; New Auditor & Director Appointed for 18th AGM

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 17 Aug 2026, 11:40 AM

V R Films & Studios submitted a revised board meeting outcome following an inquiry from BSE. Independent Director Hardik Makwana resigned effective August 13, 2026, citing professional commitments, while Sagar Mirashi Patel was appointed as an Additional Independent Director effective August 14, 2026. The board also recommended M/s Azad Jain & Co as statutory auditors for a 5-year term from the 18th to the 23rd AGM. The 18th AGM is scheduled for September 4, 2026, with an e-voting cut-off date of August 28, 2026.

Independent Director Hardik Makwana resigned effective August 13, 2026, citing professional commitments
Sagar Mirashi Patel appointed as Additional Non-Executive Independent Director effective August 14, 2026
M/s Azad Jain & Co proposed as Statutory Auditors for a 5-year term subject to shareholder approval
18th Annual General Meeting fixed for Friday, September 4, 2026, with e-voting cut-off on August 28, 2026
Re-appointment of Managing Director Manish Dutt and Whole-Time Director Krishi Dutt placed for AGM approval

💡 Track voting outcomes on director re-appointments and statutory auditor approval at the 18th AGM scheduled for September 4, 2026.

V R Films & Studios Appoints New Auditor and Independent Director; AGM Set for Sept 4

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 13 Aug 2026, 04:48 PM

V R Films & Studios Ltd has announced several board-level changes following its meeting on August 13, 2026. The company accepted the resignation of Independent Director Hardik Makwana and appointed Sagar Mirashi Patel as an Additional Non-Executive Independent Director. Furthermore, M/S Azad Jain & Co has been proposed as the new Statutory Auditors for a five-year term, subject to shareholder approval at the upcoming 18th Annual General Meeting (AGM) scheduled for September 4, 2026. The board also confirmed the re-appointment of promoter-directors Manish and Krishi Dutt.

Appointment of M/S Azad Jain & Co as Statutory Auditors for a 5-year term starting from the 18th AGM.
Resignation of Independent Director Hardik Makwana effective August 13, 2026, citing professional commitments.
18th Annual General Meeting (AGM) scheduled for September 4, 2026, via video conferencing.
Managing Director Manish Satprakash Dutt holds 62,77,968 shares in the company.
Cut-off date for E-voting entitlement fixed as August 28, 2026.

💡 Investors should note the upcoming AGM on September 4, 2026, where the appointment of the new statutory auditor and re-appointment of directors will be put to a shareholder vote.

18th AGM: V R Films & Studios Sets Book Closure from Aug 29 to Sept 4, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 13 Aug 2026, 04:40 PM

V R Films & Studios Ltd has scheduled its 18th Annual General Meeting (AGM) for September 4, 2026. In compliance with SEBI regulations, the company has fixed a book closure period from August 29, 2026, to September 4, 2026. This is a standard administrative procedure to determine shareholder eligibility for the meeting. No dividend or specific financial resolutions were detailed in this particular intimation.

18th Annual General Meeting scheduled for September 4, 2026, at 11:30 AM
Book closure period fixed for 7 days from August 29 to September 4, 2026
Compliance filing under Regulation 42 of SEBI (LODR) Regulations, 2015
Promoter holding remains stable at 71.8% as per latest context

💡 Investors should monitor the upcoming full AGM notice for the agenda, which will include the adoption of annual accounts and any potential dividend declarations.

V R Films Reports FY26 Turnaround with ‑₹4.93 Cr Loss to ₹1.26 Cr PBT

🟢 POSITIVE ⭐ 6/10

EARNINGS 📅 13 Aug 2026, 04:13 PM

V R Films & Studios achieved a significant operational turnaround in FY 2025-26, reporting a Profit Before Tax (PBT) of ₹125.93 lakh against a loss of ₹493.03 lakh in the previous year. Although revenue declined marginally by 3.09% to ₹1,184.63 lakh, the company successfully reduced total expenses by 37.90% through cost optimization and favorable inventory management. A key strategic shift is the establishment of a subsidiary, Krismicbon Ai Tech, focused on indigenous AI-driven dubbing tools. The company is now targeting expansion into South East Asian markets like China and Thailand for FY 2026-27.

Turnaround to Profit Before Tax of ₹125.93 lakh from a loss of ₹493.03 lakh in FY25.
Total expenses slashed by 37.90% driven by a 26% reduction in production costs.
Return on Capital Employed (ROCE) improved to 25.45% from -64.86% in the previous year.
Inventory adjustment provided a ₹97.17 lakh benefit compared to a ₹447.93 lakh expense in FY25.
Earnings Per Share (EPS) turned positive at ₹0.88 from a negative ₹3.41.

💡 Watch for the revenue contribution from the new AI subsidiary, Krismicbon Ai Tech, and the execution of the global expansion strategy in South East Asia during FY27.

V R Films & Studios Re-appoints MD & WTD, Appoints New Statutory Auditors for 5-Year Term

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 13 Aug 2026, 04:05 PM

V R Films & Studios Ltd has approved the re-appointment of its Managing Director, Manish Dutt, and Whole-Time Director, Krishi Dutt, ensuring leadership continuity. The board also appointed M/S Azad Jain & Co as the new Statutory Auditors for a five-year term, subject to shareholder approval at the upcoming 18th AGM. Additionally, Sagar Mirashi Patel was appointed as an Independent Director following the resignation of Hardik Makwana. The 18th Annual General Meeting is scheduled for September 4, 2026.

Re-appointment of Manish Satprakash Dutt as Managing Director; he holds 62,77,968 shares
Re-appointment of Krishi Satprakash Dutt as Whole-Time Director; he holds 8,00,000 shares
Appointment of M/S Azad Jain & Co as Statutory Auditors for a 5-year term until the 23rd AGM
18th Annual General Meeting (AGM) scheduled for September 4, 2026, at 11:30 A.M.
Cut-off date for E-voting entitlement fixed as August 28, 2026

💡 Investors should note the AGM date of September 4, 2026, to vote on these appointments and review the upcoming Annual Report for FY2025-26 for operational updates.

V R Films Schedules 18th AGM; Proposes ₹3.6 Cr Combined Annual Remuneration for MD and WTD

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 13 Aug 2026, 03:59 PM

V R Films & Studios Ltd has issued a notice for its 18th Annual General Meeting (AGM) to be held on September 4, 2026. Key agenda items include the re-appointment of Manish Satprakash Dutt as Managing Director and Krishi Satprakash Dutt as Whole-time Director for five-year terms starting March 2027. Both directors are proposed to receive a remuneration cap of ₹1.80 crore each per annum, totaling ₹3.60 crore. The company also proposes appointing M/s Azad Jain & Co as statutory auditors for a five-year period.

18th Annual General Meeting scheduled for September 4, 2026, via video conferencing.
Proposed annual remuneration of up to ₹1.80 crore each for the Managing Director and Whole-time Director.
Total proposed managerial remuneration of ₹3.60 crore represents approximately 40% of the company's current Net Worth of ₹9 crore.
Appointment of M/s Azad Jain & Co as Statutory Auditors for a 5-year term from the 18th AGM to the 23rd AGM.
Re-appointment of Manish Satprakash Dutt as MD for a 5-year tenure effective from March 11, 2027.

💡 Investors should monitor the AGM voting results to see if shareholders approve the proposed remuneration levels, which are high relative to the company's net worth.

V R Films & Studios Appoints New Statutory Auditor and Sets AGM for Sept 4, 2026

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 13 Aug 2026, 03:54 PM

V R Films & Studios Ltd held a board meeting on August 13, 2026, to finalize several governance and administrative matters. The board approved the appointment of M/S Azad Jain & Co as statutory auditors for a five-year term, pending shareholder approval at the upcoming 18th Annual General Meeting (AGM). Additionally, the company appointed Sagar Mirashi Patel as an Independent Director following the resignation of Hardik Makwana. The AGM is scheduled for September 4, 2026, with the e-voting period set between August 31 and September 3, 2026.

Appointment of M/S Azad Jain & Co as Statutory Auditors for a 5-year term starting from the 18th AGM.
18th Annual General Meeting (AGM) scheduled for September 4, 2026, at 11:30 A.M. via video conferencing.
Cut-off date for e-voting entitlement fixed as August 28, 2026.
Re-appointment of Managing Director Manish Dutt, who holds 62,77,968 shares in the company.
Resignation of Independent Director Hardik Makwana effective August 13, 2026, citing professional commitments.

💡 Investors should note the AGM date of September 4, 2026, and the e-voting cut-off of August 28, 2026, to participate in voting on the auditor appointment and director re-appointments.

Board Meeting on Aug 13 to Finalize 18th AGM and FY26 Annual Report

🟡 NEUTRAL ⭐ 2/10

BOARD_MEETING 📅 10 Aug 2026, 05:11 PM

V R Films & Studios Ltd has scheduled a board meeting for August 13, 2026, to finalize the logistics for its 18th Annual General Meeting (AGM). The board will review and approve the Director's Report and the full Annual Report for the financial year ended March 31, 2026. Additionally, the meeting will set the cut-off date for e-voting and the closure period for the Register of Members. This is a routine administrative procedure required by SEBI regulations following the close of the fiscal year.

Board meeting scheduled for August 13, 2026, to transact business related to the 18th AGM.
Approval of the Annual Report and Director's Report for FY 2025-26 is on the agenda.
Appointment of M/s. Jaymin Modi & Co as the Scrutinizer for the e-voting process.
Determination of the cut-off date for member voting rights and share transfer book closure.

💡 Investors should look out for the release of the full Annual Report post-approval to assess the company's detailed financial health and management's outlook for the film distribution sector.

V R Films & Studios Reports Zero Deviation in IPO Proceeds Utilization for Q1 FY27

🟡 NEUTRAL ⭐ 2/10

REGULATORY 📅 06 Aug 2026, 04:22 PM

V R Films & Studios Ltd has submitted its compliance report for the quarter ended June 30, 2026, regarding the utilization of funds raised through its Initial Public Offering (IPO). The company confirmed that there has been no deviation or variation in the use of proceeds from the objects stated in the offer document. Consequently, the formal Statement of Deviation under Regulation 32 of SEBI (LODR) is not applicable. This filing is a routine regulatory requirement to ensure transparency in capital allocation.

Confirmed zero deviation or variation in the use of Public Issue Proceeds for the quarter ended June 30, 2026
Compliance filed under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
The statement of deviation is officially 'not applicable' due to full adherence to IPO objects
Filing dated August 6, 2026, following the end of the April-June 2026 quarter

💡 No action is required as this is a routine procedural filing. Investors should focus on the upcoming quarterly financial results to assess operational growth.

V R Films reports Q1 loss of ₹1.14 Cr as revenue drops 52% YoY

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 06 Aug 2026, 04:16 PM

V R Films & Studios reported a weak set of numbers for Q1 FY27, with revenue from operations falling 51.8% YoY to ₹1.29 Cr from ₹2.68 Cr. The company swung to a net loss of ₹1.14 Cr for the quarter, compared to a profit of ₹0.52 Cr in the same period last year. Total expenses rose to ₹2.50 Cr despite the revenue decline, primarily due to higher 'Other expenses' and inventory adjustments. The performance was further impacted by its 100% subsidiary, Krismicbon Ai Tech, which also reported a loss.

Revenue from operations declined 51.8% YoY to ₹128.99 lakhs from ₹267.77 lakhs.
Net loss for the quarter stood at ₹114.08 lakhs against a profit of ₹51.93 lakhs in Q1 FY26.
Total expenses increased to ₹249.73 lakhs from ₹221.99 lakhs YoY, despite lower business volume.
Other expenses nearly doubled to ₹51.33 lakhs from ₹26.80 lakhs in the previous year's quarter.
Basic EPS turned negative at ₹(1.04) compared to ₹0.47 in the year-ago period.

💡 Investors should monitor the recovery in the core dubbing and distribution business and track the burn rate in the new AI subsidiary, Krismicbon Ai Tech.

V R Films & Studios reports ₹1.14 Cr Q1 loss as revenue drops 52% YoY

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 06 Aug 2026, 04:10 PM

V R Films & Studios Ltd reported a weak performance for Q1 FY2026-27, swinging to a standalone net loss of ₹1.14 crore from a profit of ₹0.52 crore in the same period last year. Revenue from operations declined sharply by 51.8% YoY to ₹1.29 crore, down from ₹2.68 crore. The company faced significant operational deleverage as total expenses of ₹2.50 crore far exceeded its total income of ₹1.35 crore. The consolidated results, including its 100% subsidiary Krismicbon Ai Tech Private Limited, mirrored the standalone loss at ₹1.14 crore.

Revenue from operations fell 51.8% YoY to ₹128.99 lakhs from ₹267.77 lakhs.
Net loss for the quarter stood at ₹114.08 lakhs compared to a profit of ₹51.93 lakhs in Q1 FY2025.
Employee benefit expenses remained high at ₹75.91 lakhs, consuming 58.8% of operational revenue.
Basic and Diluted EPS turned negative at ₹(1.04) per share.
The company's 100% subsidiary, Krismicbon Ai Tech, reported a comprehensive loss of ₹114.07 lakhs for the quarter.

💡 Investors should monitor the company's ability to secure new film distribution and dubbing contracts to reverse the revenue decline and observe if the AI Tech subsidiary contributes to future growth or remains a cost center.

V R Films & Studios schedules Board Meeting on August 6, 2026, for Q1 FY27 results

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 03 Aug 2026, 02:14 PM

V R Films & Studios Ltd has announced a board meeting on August 6, 2026, to approve un-audited financial results for the quarter ended June 30, 2026. The company, a micro-cap with a market capitalization of Rs 17 Cr, reported a TTM revenue of Rs 12 Cr and a net profit of Rs 1 Cr. The trading window for designated persons has been closed since July 1, 2026, and will remain so until 48 hours after the results are declared. Investors should note the company's recovery in FY26 (PAT Rs 0.97 Cr) compared to a loss in FY25 (PAT -Rs 3.74 Cr).

Board meeting scheduled for August 6, 2026, to approve Q1 FY27 results.
Trading window closed from July 1, 2026, until 48 hours post-announcement.
Company reported TTM revenue of Rs 12 Cr and TTM PAT of Rs 1 Cr.
Operating Profit Margin (OPM) stands at 23.3% as per latest TTM data.

💡 Monitor the financial results on August 6, 2026, specifically checking if the company can sustain the profitability achieved in FY26 and improve upon the thin Q4 FY26 net profit of Rs 0.1 Cr.

View All 542654 Announcements on Live Market Tracking →