Silly Monks Entertainment Limited (SILLYMONKS)
Latest quarterly results (Q4 FY26)
In its latest reported quarter, Q4 FY26, Silly Monks' revenue was ₹5.1 Cr (-21.6% year on year, -10.1% on the previous quarter), and net profit ₹-1.1 Cr (a bigger loss than a year earlier); the operating margin was -19.9%.
| Q4 FY26 (₹ Cr) | Value | YoY vs Q4 FY25 | QoQ |
|---|---|---|---|
| Revenue | ₹5.1 | -21.6% | -10.1% |
| Operating profit | ₹-1.0 | to loss | loss widened |
| Net profit | ₹-1.1 | loss widened | loss widened |
| EPS (₹) | -0.90 | loss widened | loss widened |
| Operating margin | -19.9% | — | — |
📢 Recent Corporate Announcements
Silly Monks Entertainment Limited (now Cresto Techno Limited) has submitted its 13th Annual Report for FY 2025-26 and issued notice for its Annual General Meeting scheduled for September 28, 2026, via video conferencing. The agenda includes the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, and the re-appointment of Director Anish Kumar Badugu, who retires by rotation. The filing is a standard annual compliance requirement under SEBI Listing Regulations.
- 13th Annual General Meeting scheduled for Monday, September 28, 2026, at 11:30 AM via VC/OAVM
- Submission of Annual Report for the financial year ended March 31, 2026 (FY26)
- Ordinary business includes adoption of standalone and consolidated financial statements for FY26
- Re-appointment of Mr. Anish Kumar Badugu as Director retiring by rotation placed for approval
Silly Monks Entertainment Limited has announced a formal change in its corporate name to CRESTO TECHNO LIMITED along with an NSE symbol change to CRESTO, effective September 10, 2026. This administrative update follows the ongoing change in control and promoter leadership under Satyapoorna Chander Yalamanchili. The company reported TTM revenues of ₹23 Cr and a net loss of ₹2 Cr for FY26.
- Corporate name changed from Silly Monks Entertainment Limited to CRESTO TECHNO LIMITED
- NSE trading symbol changed from SILLYMONKS to CRESTO
- Effective date for name and symbol change is September 10, 2026
- Circular issued by NSE under reference no. 1516/2026 on September 04, 2026
Silly Monks Entertainment Limited (renaming to Cresto Techno Limited) has submitted a Practicing Chartered Accountant certificate under Regulation 45(1) of SEBI LODR Regulations, 2015. The certificate verifies regulatory compliance regarding the company's name change, which was approved at an Extraordinary General Meeting (EGM) on June 29, 2026. Having been inadvertently omitted in the original EGM explanatory statement dated May 30, 2026, the certificate is now formally included in the explanatory statement for the upcoming Annual General Meeting.
- CA Certificate submitted confirming compliance under Regulation 45(1) of SEBI LODR Regulations, 2015.
- Name change from Silly Monks Entertainment Limited to Cresto Techno Limited was approved at EGM on June 29, 2026.
- Omission in May 30, 2026 EGM notice rectified by including certificate in the ensuing AGM explanatory statement.
- Company is currently undergoing promoter change and corporate restructuring (Market Cap: ₹19 Cr).
Silly Monks Entertainment has approved its unaudited financial results for the quarter ended June 30, 2026. The company has scheduled its 13th Annual General Meeting (AGM) for September 28, 2026, to discuss the director's report and financial performance. This follows a period of financial stress where the company reported a TTM loss of Rs 2 Cr on revenue of Rs 23 Cr. Investors are closely watching the transition under new promoter Satyapoorna Chander Yalamanchili and the planned Rs 5.45 Cr capital infusion.
- Board approved unaudited financial results for the first quarter ended June 30, 2026
- 13th Annual General Meeting (AGM) to be held on Monday, September 28, 2026
- Company is undergoing a change in control with a planned capital infusion of Rs 5.45 Cr via preferential allotment
- Preferential issue price set at Rs 18.50 per share, which is a premium to the current market price of Rs 15.8
- Board meeting was conducted within a 1-hour window from 4:00 PM to 5:00 PM
Silly Monks Entertainment Limited has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by Bigshare Services Pvt. Ltd. (the Registrar and Share Transfer Agent), confirms that the securities received for dematerialization during the quarter ended June 30, 2026, have been processed. This is a routine administrative filing required by SEBI to ensure the integrity of shareholding records. There is no impact on the company's financial performance or business operations.
- Compliance certificate issued for the quarter ended June 30, 2026
- Certificate provided by Registrar and Share Transfer Agent (RTA) Bigshare Services Pvt. Ltd.
- Filing submitted to the National Stock Exchange on July 17, 2026
- Confirms compliance with SEBI (Depositories and Participants) Regulations, 2018
Silly Monks Entertainment Limited shareholders have approved eight resolutions at the EGM held on June 29, 2026, including a change of company name and alteration of the object clause. The resolutions, passed with a 99.98% majority, formalize the leadership transition with Mr. Anish Kumar Badugu appointed as Chairman and Managing Director. This follows a change in control and a planned ₹5.45 Cr capital infusion, which represents approximately 39% of the company's ₹14 Cr net worth. Investors should note the company is currently loss-making with a TTM PAT of -₹2 Cr and an OPM of -6.6%.
- 8 resolutions passed with a 99.98% majority of votes cast during the EGM.
- Total votes polled reached 7,054,839, accounting for 56.6% of the total 12,460,837 shares.
- Public non-institutional shareholders cast 1,506,362 votes, representing 21.79% of their category.
- Appointment of Mr. Anish Kumar Badugu as Chairman and Managing Director was confirmed.
- Structural changes include a complete alteration of the company's Object Clause and a formal name change.
Silly Monks Entertainment held an Extraordinary General Meeting (EGM) on June 29, 2026, to formalize a major leadership transition and structural rebranding. Shareholders voted on 8 special resolutions, including a change of the company's name and the appointment of Anish Kumar Badugu as Chairman and Managing Director. This follows a change in control and a planned capital infusion of approximately ₹5.45 Cr (representing ~23.7% of TTM revenue) via preferential allotment at ₹18.50 per share. The company is attempting a turnaround after reporting a TTM loss of ₹2 Cr and negative operating margins.
- EGM held on June 29, 2026, to approve 8 special resolutions including a change of company name.
- Appointment of Anish Kumar Badugu as Chairman and Managing Director (DIN: 11635335).
- Alteration of the Object Clause of the Company to align with new strategic goals.
- Planned preferential allotment of 22,00,000 equity shares and 7,50,000 warrants to fund operations.
- Company is transitioning under new promoter Satyapoorna Chander Yalamanchili to address a -6.6% OPM.
Silly Monks Entertainment Limited has announced the closure of its trading window for all designated persons starting July 1, 2026. This is a standard regulatory requirement under SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the announcement of financial results for the quarter ending June 30, 2026. The window will remain closed until 48 hours after the results are declared. This comes at a time when the company is navigating a turnaround under new promoter leadership, having reported a TTM loss of Rs 2 Cr.
- Trading window closure commences on July 1, 2026, for all designated persons and connected persons.
- The closure is in relation to the financial results for the first quarter ended June 30, 2026.
- Trading restriction will be lifted 48 hours after the board meeting where results are declared.
- Company currently operates with a TTM revenue of Rs 23 Cr and a negative OPM of -6.6%.
Silly Monks Entertainment Limited has called an Extraordinary General Meeting (EGM) on June 29, 2026, to approve a fundamental shift in its business operations. The company proposes to diversify from media and entertainment into high-growth sectors including Electric Vehicles (EV), Defense, Aerospace, Data Centers, and AI. To reflect this transformation, the company plans to change its name to 'Cresto Tech Limited' and appoint Mr. Anish Kumar Badugu as Chairman and Managing Director for a three-year term.
- Proposed name change from Silly Monks Entertainment Limited to Cresto Tech Limited.
- Massive expansion of Object Clause to include EV manufacturing, charging infrastructure, and battery management systems.
- Strategic entry into Defense, Aerospace, Drones, and Satellite technologies.
- Diversification into Data Centers, Cloud Computing, AI infrastructure, and Renewable Energy projects.
- Appointment of Mr. Anish Kumar Badugu as Chairman and Managing Director to lead the new tech-focused direction.
Satyapoorna Chander Yalamanchili, a promoter of Silly Monks Entertainment Limited, has filed a formal declaration under Regulation 31(4) of SEBI (SAST) Regulations. The filing confirms that the promoter and persons acting in concert (PAC) did not create any direct or indirect encumbrances or pledges on their shareholding during the financial year ended March 31, 2026. This is a routine annual compliance disclosure intended to provide transparency regarding the status of promoter holdings.
- Promoter Satyapoorna Chander Yalamanchili confirms no new encumbrances were made in FY 2025-26.
- The declaration is in compliance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
- The disclosure covers both the individual promoter and all persons acting in concert (PAC).
- The statement was submitted to the National Stock Exchange and the company's Audit Committee on April 7, 2026.
Silly Monks Entertainment Limited reported a significant financial downturn for the year ended March 31, 2026, posting a net loss of ₹195.50 lakhs compared to a profit of ₹20.14 lakhs in FY25. While annual revenue saw a marginal increase of 4.5% to ₹561.63 lakhs, total expenses surged by over 40% to ₹753.76 lakhs, severely impacting the bottom line. Alongside these results, the company announced a major strategic shift, including the appointment of Mr. Itikapiti Madhusudana Reddy as CFO and a proposal to change the company name to Cresto Tech Limited.
- Annual net loss stood at ₹195.50 lakhs in FY26 vs a profit of ₹20.14 lakhs in FY25.
- Total expenses increased significantly to ₹753.76 lakhs from ₹535.01 lakhs in the previous year.
- Revenue from operations grew slightly to ₹561.63 lakhs in FY26 from ₹537.52 lakhs in FY25.
- Appointment of Mr. Itikapiti Madhusudana Reddy as Chief Financial Officer effective May 30, 2026.
- Proposed name change to 'Cresto Tech Limited' and alteration of company objects subject to shareholder approval.
Silly Monks Entertainment Limited reported a significant financial downturn for FY26, swinging to a net loss of ₹195.50 lakhs from a profit of ₹20.14 lakhs in FY25, despite a marginal revenue growth to ₹561.63 lakhs. The company is proposing a major strategic pivot, including a name change to 'Cresto Tech Limited' and an alteration of its business objects. Management has been restructured with the appointment of Mr. Itikapati Madhusudana Reddy as CFO and Ms. Naneru Greeshma Sandhya as Company Secretary. An Extra-Ordinary General Meeting (EGM) is scheduled for June 29, 2026, to approve these corporate changes.
- Net loss of ₹195.50 lakhs in FY26 compared to a profit of ₹20.14 lakhs in FY25.
- Total expenses surged by 40.8% to ₹753.76 lakhs, primarily driven by higher direct costs and other expenses.
- Appointment of Mr. Itikapati Madhusudana Reddy as Chief Financial Officer (CFO) effective May 30, 2026.
- Proposed name change to 'Cresto Tech Limited' and alteration of company objects pending shareholder approval.
- Revenue from operations saw a modest increase of 4.5% year-on-year to ₹561.63 lakhs.
Silly Monks Entertainment reported a significant downturn in profitability for the fiscal year ended March 31, 2026, posting a net loss of ₹195.50 lakhs compared to a profit of ₹20.14 lakhs in FY25. While annual revenue saw a marginal increase to ₹561.63 lakhs from ₹537.52 lakhs, total expenses surged by over 40% to ₹753.76 lakhs. The company is proposing a major strategic shift, including a name change to 'Cresto Tech Limited' and an alteration of its business objects. Key management changes include the appointment of Mr. Itikapati Madhusudana Reddy as the new CFO.
- FY26 revenue grew slightly to ₹561.63 lakhs from ₹537.52 lakhs in FY25.
- Company reported a net loss of ₹195.50 lakhs for FY26 versus a profit of ₹20.14 lakhs in FY25.
- Total expenses jumped 40.8% YoY to ₹753.76 lakhs, primarily driven by direct costs and other expenses.
- Proposed name change to 'Cresto Tech Limited' and alteration of company objects subject to shareholder approval.
- Management overhaul with the appointment of a new CFO and Company Secretary/Compliance Officer.
Silly Monks Entertainment Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate, issued by Bigshare Services Pvt. Ltd., confirms that share certificates received for dematerialization during the quarter ended March 31, 2026, were processed correctly. This process involves the cancellation of physical certificates and the substitution of the depository's name in the company's records. This is a standard procedural filing required for all listed companies in India.
- Compliance certificate submitted for the quarter ended March 31, 2026.
- Issued by Registrar and Share Transfer Agent (RTA), M/s. Bigshare Services Pvt. Ltd.
- Confirms adherence to SEBI (Depositories and Participants) Regulations, 2018.
- Ensures that physical share certificates were dematerialized and records updated within stipulated timelines.
Silly Monks Entertainment Limited has announced the closure of its trading window starting April 1, 2026, in compliance with SEBI Insider Trading regulations. This routine measure is taken ahead of the declaration of the audited financial results for the fourth quarter and full year ended March 31, 2026. The window will remain closed for all designated persons, including directors and promoters, until 48 hours after the results are announced. The company will notify the exchange of the specific board meeting date for result approval in due course.
- Trading window closure commences on Wednesday, April 1, 2026.
- Closure is related to the Audited Financial Results for the quarter and year ended March 31, 2026.
- Restriction applies to Directors, KMPs, Promoters, and identified employees of the company.
- The window will reopen 48 hours after the official declaration of the financial results.
Financial Performance
Revenue Growth by Segment
The company operates in a single business segment (Entertainment). Standalone revenue for H1 FY26 was INR 3.51 Cr, representing a growth of 29.6% YoY compared to INR 2.71 Cr in H1 FY25. Standalone Q2 FY26 revenue was INR 2.31 Cr, up 63.8% YoY from INR 1.41 Cr.
Geographic Revenue Split
Consolidated revenue is heavily driven by international operations, with the US-based subsidiary Dream Boat Entertainment LLC contributing INR 10.31 Cr (approx. 75% of group revenue) for the period ended September 30, 2025.
Profitability Margins
Standalone Net Margin for Q2 FY26 was 6.04% (INR 0.14 Cr profit on INR 2.31 Cr revenue). However, H1 FY26 standalone results showed a net loss of INR 0.20 Cr, a significant decline from the INR 0.01 Cr profit in H1 FY25.
EBITDA Margin
Standalone EBITDA margin for H1 FY26 was 2.79%, with an operating profit of INR 0.098 Cr on revenue of INR 3.51 Cr. This reflects low core profitability due to high direct and employee costs.
Capital Expenditure
Standalone purchase of property, plant, and equipment was INR 0.02 Cr in H1 FY26. The company is primarily focused on content acquisition rather than heavy physical infrastructure.
Credit Rating & Borrowing
Not disclosed in available documents. Standalone finance costs were minimal at INR 0.011 Cr for H1 FY26, suggesting low external debt dependency.
Operational Drivers
Raw Materials
Direct Costs (Content Acquisition and Production) represent the primary 'raw material' equivalent, accounting for 59% of standalone revenue (INR 2.07 Cr in H1 FY26).
Import Sources
Not disclosed. However, the presence of a US subsidiary suggests significant content sourcing or distribution activities in the North American market.
Capacity Expansion
Current capacity is represented by the content library and distribution network. Expansion is planned through a preferential issue of 22,00,000 equity shares and 7,50,000 warrants to fund new content and operations.
Raw Material Costs
Direct costs for content acquisition were INR 2.07 Cr in H1 FY26, up 106% YoY from INR 1.01 Cr in H1 FY25, significantly outpacing revenue growth and squeezing margins.
Strategic Growth
Growth Strategy
The company is undergoing a change in control with Satyapoorna Chander Yalamanchili becoming the new promoter. Growth will be achieved through a capital infusion of approx. INR 5.45 Cr via preferential allotment at INR 18.50 per share to fund content acquisition and market expansion.
Products & Services
Digital media content, movie distribution rights, and entertainment production services.
Brand Portfolio
Silly Monks, Dream Boat Entertainment.
Market Expansion
Expansion in the US market via Dream Boat Entertainment LLC and scaling digital content distribution under new promoter leadership.
Strategic Alliances
Share Purchase Agreement (SPA) dated November 3, 2025, for the acquisition of a 29.61% stake by the new acquirer.
External Factors
Industry Trends
The industry is shifting toward high-quality digital and OTT content. Silly Monks is positioning itself by scaling its content library, though this has led to a 106% increase in direct costs.
Competitive Landscape
Competes with other digital media houses and content aggregators in the Indian and US markets.
Competitive Moat
The primary moat is the wholly-owned US subsidiary which contributes 75% of group revenue. This geographic diversification is sustainable but dependent on the US entertainment market dynamics.
Macro Economic Sensitivity
Sensitive to digital advertising spends and consumer discretionary spending on entertainment.
Consumer Behavior
Increasing shift toward digital consumption, benefiting the company's core distribution model.
Geopolitical Risks
Trade or regulatory barriers affecting digital content distribution between India and the US.
Regulatory & Governance
Industry Regulations
Compliance with SEBI (LODR) 2015 and SEBI (SAST) 2011 (Open Offer) regulations is critical due to the ongoing change in promoter control.
Taxation Policy Impact
Standalone effective tax rate for Q2 FY26 was approx. 1.7% on profit before tax.
Risk Analysis
Key Uncertainties
Management transition risk following the change in control and the ability of the new promoter to turn around standalone profitability (H1 loss of INR 0.20 Cr).
Geographic Concentration Risk
High concentration in the US market, which accounts for approx. 75% of consolidated revenue via Dream Boat Entertainment LLC.
Third Party Dependencies
High dependency on content creators and production houses for the supply of distribution rights.
Technology Obsolescence Risk
Risk of digital platforms shifting to new formats or algorithms that could reduce the reach of existing content libraries.
Credit & Counterparty Risk
Standalone trade receivables stood at INR 1.15 Cr (32.7% of H1 revenue), indicating moderate credit exposure.