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Touchwood Entertainment Limited (TOUCHWOOD)

₹58.16 -0.03% last close, 16 Oct

📊 NSE: TOUCHWOOD 🏢 Other Consumer Services 📢 Latest filing: 29 Sep 2026 📝 Analysis written: 14 Dec 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Touchwood Entertainment's revenue was ₹4.0 Cr (-76.6% year on year, -85.8% on the previous quarter), and net profit ₹0.4 Cr (-70.2% year on year); the operating margin was 18.4%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹4.0	-76.6%	-85.8%
Operating profit	₹0.7	-58.1%	-47.6%
Net profit	₹0.4	-70.2%	-42.6%
EPS (₹)	0.34	-69.9%	-42.4%
Operating margin	18.4%	—	—

Full quarterly financials → Results calendar →

TOUCHWOOD delivery percentage

NSE end-of-day data for Fri, 16 Oct 2026

On Fri, 16 Oct 2026, 93.42% of the TOUCHWOOD shares traded on NSE were taken to delivery, against the stock's own 20-session average of 72.78%. That is higher than usual for this stock. Turnover was only ₹2 lakh, so a handful of trades can move this figure. It traded 2.3 times its average daily volume.

93.42%Delivery, 16 Oct

72.78%Own 20-session average

2.3×Volume vs its average

₹58.16NSE close · -0.03%

Delivery in the last 5 sessions: 85.0% · 67.0% · 51.4% · 45.0% · 93.4%

Delivery across the market →Unusual volume today →

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

Touchwood to Invest ₹49.3 Lakh via CCDs in Subsidiary TouchTown Ventures

🟡 NEUTRAL ⭐ 4/10

EXPANSION 📅 29 Sep 2026, 06:35 PM

Touchwood Entertainment's Board approved an investment of ₹49,30,000 to subscribe to 4,93,000 unlisted, unsecured compulsorily convertible debentures (CCDs) of its subsidiary, TouchTown Ventures Private Limited. The transaction is conducted at par (₹10 each) and forms part of a total ₹99,00,000 CCD issue alongside co-investor Reash Realtors Developers LLP. Upon conversion after 60 months, Touchwood will hold a 50% equity stake in TouchTown on an expanded base. The proceeds will fund TouchTown's capex, working capital, and general growth plans in the real estate sector.

Investment of ₹49,30,000 in 4,93,000 CCDs of face value ₹10 each at par
TouchTown's total CCD issue size is 9,90,000 CCDs aggregating ₹99,00,000
Tenure of 60 months, compulsorily converting into equity shares at a 1:1 ratio
Post-conversion holding will represent 50% of TouchTown Ventures' expanded equity capital
Target operates in the real estate sector and the transaction is classified as related party at arms-length

💡 Track subsequent quarterly updates on TouchTown's operational rollout and whether this small real estate investment complements Touchwood's core wedding and venue expansion strategy.

Touchwood Shareholders Approve All 29th AGM Resolutions with 99.89%+ Approval

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 28 Sep 2026, 04:17 PM

Touchwood Entertainment submitted its Scrutinizer's Report and voting results for the 29th Annual General Meeting held on September 25, 2026. All five ordinary and special resolutions were passed with over 99.89% approval from voting shareholders. The approved items include FY26 audited accounts, the re-appointment of director Shrey Khandelwal, and authorizations for related party transactions, inter-corporate loans/investments, and borrowing limits under Section 180(1)(c). Promoter participation stood at 100% of their 69,68,704 shares (62.89% of capital), while public non-institutional participation was modest at 5,77,035 votes.

All 5 resolutions passed with >= 99.89% votes polled in favour
Promoter group polled 100% of their 69,68,704 shares (62.89% holding) in favour of all resolutions
Special resolutions cleared for related party transactions, inter-corporate loans/investments, and borrowing limits
Public non-institutional shareholders cast 5,77,035 votes (5.21% of total share capital)

💡 Track subsequent quarterly filings (Q2 FY27) to observe if borrowing limits or inter-corporate loans are utilized to fund ongoing hospitality expansions like Vanam Wellness.

Touchwood Entertainment Sets 29th AGM for Sep 25, 2026; Seeks ₹100 Cr Borrowing & RPT Limits

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 29 Aug 2026, 03:03 PM

Touchwood Entertainment Limited has scheduled its 29th Annual General Meeting (AGM) for Friday, September 25, 2026, via video conferencing. The company is seeking shareholder approval for enabling special resolutions, including borrowing limits up to ₹100.00 crore under Section 180(1)(c) and inter-corporate loans/investments up to ₹100.00 crore under Section 186. Additionally, approval is sought for related party transactions up to an aggregate value of ₹100.00 crore during FY 2026-27. The record/cut-off date for voting entitlement is September 18, 2026, with e-voting running from September 22 to September 24, 2026.

29th AGM scheduled for Friday, September 25, 2026 at 4:00 PM IST via VC/OAVM
Special resolution proposed to authorize borrowing limits up to ₹100.00 Crore
Approval sought for Related Party Transactions up to ₹100.00 Crore for FY 2026-27
Authorization sought for inter-corporate loans, guarantees, and investments up to ₹100.00 Crore
Cut-off date for e-voting is September 18, 2026, with remote e-voting from September 22 to September 24, 2026

💡 Eligible shareholders as of September 18, 2026, can participate in e-voting between September 22 and 24, 2026. Watch for post-AGM voting outcomes and subsequent filings regarding any actual debt drawdown or material related-party transactions.

Touchwood sets Sept 18 as Record Date for 29th AGM and E-voting

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 12 Aug 2026, 05:30 PM

Touchwood Entertainment Limited has announced the schedule for its 29th Annual General Meeting (AGM) procedures. The record date for determining shareholder eligibility for remote e-voting is fixed for September 18, 2026. The company's share transfer books will remain closed from September 19 to September 25, 2026. Shareholders can participate in the remote e-voting process from September 22 to September 24, 2026.

Record Date for remote e-voting is set for September 18, 2026
Book closure period scheduled from September 19 to September 25, 2026 (7 days)
Remote e-voting window opens on September 22, 2026, at 09:00 AM IST
Remote e-voting window closes on September 24, 2026, at 05:00 PM IST

💡 Investors should review the upcoming AGM notice for specific resolutions, particularly regarding the progress of the Vanam Wellness acquisition and the utilization of the Rs 14.28 Cr preferential issue funds.

Touchwood Sets September 18, 2026 as Record Date for 29th Annual General Meeting

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 12 Aug 2026, 05:24 PM

Touchwood Entertainment Limited has announced the schedule for its 29th Annual General Meeting (AGM). The company has fixed September 18, 2026, as the record date to determine shareholder eligibility for remote e-voting. The register of members and share transfer books will remain closed from September 19 to September 25, 2026. This is a standard procedural filing for a micro-cap company with a market capitalization of Rs 75 Cr.

Record date for remote e-voting eligibility is fixed for September 18, 2026
Book closure period scheduled from September 19, 2026, to September 25, 2026
Remote e-voting window opens on September 22, 2026, at 09:00 AM IST
Remote e-voting window closes on September 24, 2026, at 05:00 PM IST

💡 Shareholders should ensure their holdings are settled in their demat accounts by the September 18 record date to participate in voting. Investors should review the upcoming AGM notice for updates on the Vanam Wellness integration and preferential warrant utilization.

Touchwood Q1 Revenue Drops 76% YoY to ₹3.96 Cr; ₹5.10 Cr Warrant Money Forfeited

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 12 Aug 2026, 04:53 PM

Touchwood Entertainment reported a sharp decline in Q1 FY27 (June 2026) performance, with standalone revenue falling 76.6% YoY to ₹3.96 Cr from ₹16.90 Cr. Net profit followed suit, dropping to ₹0.38 Cr from ₹1.30 Cr in the year-ago period, which management attributes to the seasonal nature of the wedding industry. A significant financial event noted is the forfeiture of ₹5.10 Cr in warrant application money as 20 lakh warrants remained unexercised by the August 2024 deadline. On a positive note, the company has secured a DMRC project at Mohan Estate Metro Station, forming a 70% subsidiary for its execution.

Revenue from operations plummeted to ₹3.96 Cr in Q1 FY27 compared to ₹16.90 Cr in Q1 FY26.
Net profit for the quarter stood at ₹0.38 Cr, a significant drop from ₹1.30 Cr YoY.
Forfeiture of ₹5.10 Cr (25% upfront money) confirmed for 20,00,000 unconverted warrants.
Incorporated 70% subsidiary 'Touchtown Ventures Private Limited' for a DMRC property development project.
Total expenses for the quarter were contained at ₹3.58 Cr versus ₹15.34 Cr in the previous year's quarter.

💡 Investors should monitor the execution timeline of the new DMRC property development project to see if it can offset the extreme seasonality of the core wedding business. The sharp YoY decline in Q1 suggests a high dependency on the H2 wedding season for annual profitability.

Touchwood Q1 Revenue Drops 76% YoY to ₹3.96 Cr; Announces DMRC Metro Project JV

🔴 NEGATIVE ⭐ 7/10

EARNINGS 📅 12 Aug 2026, 04:37 PM

Touchwood Entertainment reported a sharp decline in standalone revenue for Q1 FY27, falling 76.5% YoY to ₹3.96 Cr from ₹16.90 Cr. Net profit also saw a significant contraction, dropping to ₹0.38 Cr from ₹1.30 Cr in the same period last year. The company attributed the performance to the seasonal nature of the wedding industry but expressed optimism for upcoming quarters. Notably, the company has secured a property development project from DMRC and formed a 70% subsidiary, Touchtown Ventures, to execute it.

Standalone Revenue for Q1 FY27 fell to ₹3.96 Cr, a 76.5% decrease compared to ₹16.90 Cr in Q1 FY26.
Net Profit for the quarter stood at ₹0.38 Cr, down from ₹1.30 Cr in the previous year's corresponding quarter.
Incorporated a new 70% subsidiary, Touchtown Ventures Private Limited, for a DMRC property development project.
Secured a Letter of Acceptance (LOA) from Delhi Metro Rail Corporation (DMRC) for a project at Mohan Estate Metro Station.
The 29th Annual General Meeting is scheduled for September 25, 2026, with book closure starting September 19, 2026.

💡 Investors should monitor the capital expenditure requirements and execution timeline for the new DMRC property development project, which marks a significant diversification from core event management.

Touchwood Entertainment submits Regulation 74(5) compliance certificate for Q1 FY27

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 06 Jul 2026, 02:04 PM

Touchwood Entertainment Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate, provided by Skyline Financial Services Private Limited (the Registrar and Share Transfer Agent), covers the first quarter ended June 30, 2026. This is a standard administrative filing confirming that share certificates received for dematerialization have been processed and cancelled as per regulatory requirements. There is no impact on the company's financial position or operations.

Compliance certificate submitted for the quarter ended June 30, 2026
Certificate issued by Registrar and Share Transfer Agent, Skyline Financial Services Private Limited
Filing submitted to the National Stock Exchange on July 6, 2026
Confirms adherence to SEBI (Depositories and Participants) Regulations, 2018

💡 This is a routine regulatory filing. Investors should monitor the company's upcoming Q1 FY27 financial results for actual business performance updates.

Touchwood Entertainment to Close Trading Window from July 1 for Q1 FY27 Results

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 26 Jun 2026, 01:33 PM

Touchwood Entertainment Limited has announced the closure of its trading window starting July 1, 2026, in compliance with SEBI Insider Trading regulations. This closure is a standard procedure ahead of the declaration of the company's unaudited financial results for the first quarter ending June 30, 2026. The window will remain closed for all designated persons until 48 hours after the results are officially announced. The specific date for the board meeting to approve these results will be shared by the company in due course.

Trading window closure effective from Wednesday, July 1, 2026.
Closure pertains to the unaudited financial results for the quarter ended June 30, 2026.
Restriction applies to all designated and connected persons under SEBI regulations.
Window will reopen 48 hours after the official declaration of the Q1 results.

💡 This is a routine regulatory filing with no immediate impact on stock fundamentals. Investors should monitor for the upcoming Q1 earnings release to evaluate the company's financial performance.

Touchwood Entertainment Incorporates Real Estate Subsidiary with 70% Stake

🟢 POSITIVE ⭐ 6/10

EXPANSION 📅 22 Jun 2026, 12:54 PM

Touchwood Entertainment Limited has incorporated a new subsidiary, TouchTown Ventures Private Limited, on June 20, 2026. The company has acquired a 70% stake in the new entity for a nominal cash consideration of ₹70,000. This move signifies a strategic diversification into the real estate sector, including development, contracting, and property management. The subsidiary starts with an authorized capital of ₹10,00,000 and a paid-up capital of ₹1,00,000.

Incorporated 'TouchTown Ventures Private Limited' as a 70% owned subsidiary on June 20, 2026.
Acquisition of 7,000 equity shares at face value for a total cash consideration of ₹70,000.
The new subsidiary will focus on real estate development, building, and property management.
Authorized capital of the new entity is set at ₹10 lakh with a paid-up capital of ₹1 lakh.
Diversifies the company's business portfolio into the real estate industry.

💡 Investors should track the capital allocation towards this new real estate venture and monitor for any upcoming project announcements that could impact the company's valuation.

Touchwood Entertainment to Incorporate Real Estate Subsidiary with 70% Stake

🟡 NEUTRAL ⭐ 6/10

EXPANSION 📅 16 Jun 2026, 03:09 PM

Touchwood Entertainment Limited is diversifying its business by incorporating a new subsidiary, TouchTown Ventures Private Limited, focused on the real estate sector. The company will hold a 70% equity stake in the new entity, investing ₹70,000 in cash for the initial subscription. The subsidiary's objectives include real estate development, construction, and property management, marking a strategic expansion beyond the company's core entertainment business.

Proposed incorporation of a new subsidiary named TouchTown Ventures Private Limited.
Touchwood Entertainment will hold a 70% stake in the subsidiary with an initial investment of ₹70,000.
The new entity will operate in the Real Estate industry, focusing on development and property management.
The subsidiary has a proposed authorized capital of ₹1,00,000 comprising 10,000 equity shares.
Name approval from the Ministry of Corporate Affairs (MCA) was received on June 16, 2026.

💡 Investors should monitor the company's capital allocation strategy as it diversifies into real estate, a sector significantly different from its core event management business. While the initial investment is small, the long-term impact will depend on the scale of real estate projects undertaken.

Touchwood Consortium Wins DMRC Contract for 8,903 Sq. Mtr. Property Development at Mohan Estate

🟢 POSITIVE ⭐ 7/10

EXPANSION 📅 08 Jun 2026, 05:10 PM

Touchwood Entertainment Limited, acting as the lead member with a 70% stake in a consortium, has secured a Letter of Acceptance from the Delhi Metro Rail Corporation (DMRC). The project involves property development rights for a significant land parcel measuring 8,903.77 square meters at the Mohan Estate Metro Station on Line-6. While the specific financial consideration is based on the consortium's bid and not explicitly disclosed in the filing, the scale of the land suggests a major long-term project. This win demonstrates the company's ability to secure high-profile domestic contracts from government-linked entities.

Awarded development rights for an 8,903.77 Sq. mtr. land plot at Mohan Estate Metro Station.
Touchwood Entertainment leads the consortium with a 70% stake alongside Hometown Properties (30%).
Contract issued by Delhi Metro Rail Corporation Limited (DMRC) for the Line-6 network.
The project is classified as being in the normal course of business for the company.
Financial terms are governed by the bid submitted and subsequent definitive agreements.

💡 Investors should view this as a positive expansion of the company's project portfolio and monitor future disclosures for specific revenue and margin expectations from this development.

Touchwood Wins DMRC Tender for 8,903 Sq. Mtr. Development; To Form New JV

🟢 POSITIVE ⭐ 8/10

EXPANSION 📅 08 Jun 2026, 04:54 PM

Touchwood Entertainment has secured a major property development project from Delhi Metro Rail Corporation (DMRC) at Mohan Estate Metro Station. The company holds a 70% stake in the consortium that won the bid for the 8,903.77 Sq. Mtr. land plot. To execute the project, the Board has approved the incorporation of a Joint Venture company, likely to be named Touchtown Ventures Private Limited. This project represents a significant strategic expansion into transit-oriented development for the company.

Awarded development rights for 8,903.77 Sq. Mtr. land plot at Mohan Estate Metro Station by DMRC
Touchwood holds a 70% majority stake in the consortium with Hometown Properties (30%)
Board approved the formation of a new JV entity, Touchtown Ventures Private Limited, for project management
The Letter of Acceptance (LOA) was received on June 6, 2026, following the June 2 award date

💡 Investors should monitor the capital requirements and revenue-sharing model of this project as it marks a shift from the company's core event management business. This is a positive development for long-term asset building and diversification.

Touchwood Ent. FY26 Revenue Up 8% to ₹74.6 Cr; Net Profit Declines 22% Amid IT Search

🔴 NEGATIVE ⭐ 8/10

EARNINGS 📅 25 May 2026, 05:55 PM

Touchwood Entertainment reported an 8.3% year-on-year growth in annual revenue to ₹74.58 crore for FY26. However, net profit for the full year fell to ₹4.19 crore from ₹5.40 crore in FY25, impacted by a significant bad debt write-off of ₹99.20 lakhs. The company also announced the cancellation of its proposed 51% acquisition of Vanam Wellness & Celebration Private Limited due to strategic considerations. Furthermore, an Income Tax search conducted in January 2026 resulted in a ₹21 lakh cash seizure, with the final investigation outcome still pending.

Annual revenue from operations grew to ₹74.58 crore in FY26 compared to ₹68.85 crore in FY25.
Net profit for FY26 decreased to ₹4.19 crore, down from ₹5.40 crore in the previous financial year.
A one-time write-off of ₹99.20 lakhs in sundry debtors (outstanding for >5 years) significantly impacted Q4 and annual profitability.
The board rescinded the previously announced acquisition of a 51% stake in Vanam Wellness & Celebration Private Limited.
Income Tax department seized ₹21 lakhs in cash during a search operation in January 2026; the company is awaiting a final order.

💡 Investors should exercise caution as the decline in profitability and the ongoing Income Tax investigation pose near-term risks. Monitor the stock for further updates regarding the tax liability and the company's revised growth strategy following the cancelled acquisition.

Touchwood Entertainment Appoints Rishabh Mishra as Company Secretary and Compliance Officer

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 21 May 2026, 02:17 PM

Touchwood Entertainment Limited has appointed Mr. Rishabh Mishra as the Company Secretary and Compliance Officer (Key Managerial Personnel) effective May 21, 2026. Mr. Mishra is an Associate Member of the ICSI and brings prior experience from the DLF Family Office and Pro CLB Global Limited. In his new role, he will also be responsible for determining the materiality of events for disclosures under SEBI regulations. This appointment aims to strengthen the company's corporate governance and regulatory compliance framework.

Appointment of Mr. Rishabh Mishra as CS and Compliance Officer effective May 21, 2026
Mr. Mishra holds Membership No. ACS 80568 and is currently pursuing a Bachelor of Laws (LL.B.)
Previous professional experience includes stints at DLF Family Office and Pro CLB Global Limited
The Board meeting approving the appointment concluded within 30 minutes on May 21, 2026
Mr. Mishra is now an authorized official for determining materiality of events under Regulation 30

💡 This is a routine management appointment to fulfill statutory requirements and does not impact the company's fundamentals. Investors should continue to focus on the company's core business performance in the event management sector.

View All TOUCHWOOD Announcements on Live Market Tracking →

💰 Financial Performance

Revenue Growth by Segment

Not disclosed in available documents; however, Total Comprehensive Income After Tax grew 186.6% YoY from INR 0.56 Cr in H1 FY25 to INR 1.62 Cr in H1 FY26.

Profitability Margins

Net Profit Margin improved significantly as Total Comprehensive Income rose 186.6% YoY to INR 1.62 Cr. Specific Gross and Operating margins are not provided.

Capital Expenditure

In H1 FY26, the company incurred INR 4.42 Cr in capital expenditure for the purchase of Property, Plant & Equipment, representing a 32.8% increase over the INR 3.33 Cr spent in H1 FY25.

Credit Rating & Borrowing

Non-current borrowings increased by INR 2.02 Cr in H1 FY26. Interest paid during the period was INR 0.107 Cr, up 64.6% from INR 0.065 Cr in H1 FY25.

⚙️ Operational Drivers

Raw Materials

Not applicable as the company is in the service sector (events and weddings); however, major costs include rent (INR 0.03 Cr for H1 FY26) and professional services (INR 0.30 Cr paid to related parties).

Capacity Expansion

The company is expanding into the hospitality sector through the acquisition of a 51% stake in Vanam Wellness & Celebration Private Limited, which operates in the hotels, resorts, and lodging segment.

📈 Strategic Growth

Growth Strategy

The company is pursuing a vertical integration strategy by acquiring a 51% stake in Vanam Wellness to enter the 'Accommodation & Food Services' sector. It raised INR 14.28 Cr through a preferential issue of warrants to fund subsidiary expansion (INR 2.50 Cr utilized), capital expenditures for assets (INR 10.00 Cr allocated, INR 3.32 Cr utilized), and working capital/loan repayment (INR 1.78 Cr utilized).

Products & Services

Wedding planning and management, event management, corporate events, and short-term lodging/resort facilities (via Vanam Wellness).

Brand Portfolio

Weddings by TOUCHWOOD, Vanam Wellness & Celebration Private Limited.

New Products/Services

Short-term lodging, houseboats, and resort facilities through the newly acquired subsidiary Vanam Wellness.

Market Expansion

Expansion into the hospitality and wellness segment to complement its core wedding business, targeting the $50 billion Indian wedding market.

Strategic Alliances

Acquisition of a 51% controlling stake in Vanam Wellness & Celebration Private Limited.

🌍 External Factors

Industry Trends

The Indian wedding industry is evolving with a shift from quantity (large guest lists) to quality (intimate, high-end experiences). Technology and changing consumer preferences are driving the demand for 'visual and experiential treats.'

Competitive Landscape

Operates in a vibrant and dynamic sector with significant competition from local and national event management firms.

Competitive Moat

Touchwood's moat is built on over two decades of brand equity in the luxury wedding space and its transition into an integrated service provider (events + venues).

Macro Economic Sensitivity

The wedding industry is highly sensitive to cultural trends and social significance in India, which currently values weddings as a $50 billion sector.

Consumer Behavior

Consumers are increasingly preferring intimate affairs with high-quality execution over large-scale traditional gatherings.

⚖️ Regulatory & Governance

Industry Regulations

Compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically regarding related party transactions and fund utilization disclosures.

Taxation Policy Impact

The effective tax rate for H1 FY26 was approximately 25.8% (INR 0.56 Cr tax on profit before tax).

⚠️ Risk Analysis

Key Uncertainties

Operating cash flow deficit increased by 351% YoY to INR 3.88 Cr, indicating potential liquidity pressure if growth does not translate to cash quickly.