| Scrip Code | 544881 |
|---|---|
| NSE Symbol | SUNSHINE |
| MSEI Symbol | NOTLISTED |
| ISIN | INE1B3O01011 |
| Name of company | SUNSHINE PICTURES LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2026 |
| Date of end of financial year | 31-03-2027 |
| Date of board meeting when results were approved | 12-11-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 03-11-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Half Yearly |
| Reporting Quarter | Half yearly |
| Nature of report standalone or consolidated | Standalone |
| Whether results are audited or unaudited for the quarter ended | Unaudited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | |
| Segment Reporting | Single segment |
| Description of single segment | FILM PRODUCTION |
| Start date and time of board meeting | 12-11-2026 17:30:00 |
| End date and time of board meeting | 12-11-2026 18:30:00 |
| Whether cash flow statement is applicable on company | Yes |
| Type of cash flow statement | Cash Flow Indirect |
| Declaration of unmodified opinion or statement on impact of audit qualification | Not applicable |
| Whether the company has any related party? | Yes |
| Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? | Yes |
| (I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public | NA |
| (II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. | NA |
| Whether the company is a high value debt listed entity according to regulation 15 (1A)? | No |
| (a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication? | |
| (b) If answer to above question is No, please explain the reason for not complying. | |
| Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? | Yes |
| Latest Date on which RPT policy is updated | 15-09-2026 |
| Indicate Company website link for updated RPT policy of the Company | https://sunshinepictures.in/policies/ |
| Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? | Yes |
| No. of times funds raised during the quarter | 1 |
| Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? | No |
| Not applicable | |
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-09-2026 | 30-09-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| 1 | Income | ||
| Revenue from operations | 4,451.30 | 4,451.30 | |
| Other income | 113.19 | 113.19 | |
| Total income | 4,564.49 | 4,564.49 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 0.00 | 0.00 |
| (b) | Purchases of stock-in-trade | 14,591.25 | 14,591.25 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | (10,544.03) | (10,544.03) |
| (d) | Employee benefit expense | 89.16 | 89.16 |
| (e) | Finance costs | 41.40 | 41.40 |
| (f) | Depreciation, depletion and amortisation expense | 104.51 | 104.51 |
| (f) | Other Expenses | ||
| 1 | Director's Sitting Fees | 18.35 | 18.35 |
| 2 | Insurance Premium | 1.02 | 1.02 |
| 3 | Remuneration to Auditors (Refer Note below) | 1.00 | 1.00 |
| 4 | Members and subscriptions | 1.68 | 1.68 |
| 5 | Legal, Consulting and Professional Fees | 17.86 | 17.86 |
| 6 | Rent, Rates and Taxes | 15.70 | 15.70 |
| 7 | Office Expenses | 15.00 | 15.00 |
| 8 | Printing & Stationery Expenses | 0.89 | 0.89 |
| 9 | Travelling Expenses | 0.10 | 0.10 |
| 10 | Net Gain on Disposal/Fair Valuation of Investments | 0.63 | 0.63 |
| Total other expenses | 72.23 | 72.23 | |
| Total expenses | 4,354.52 | 4,354.52 | |
| 3 | Total profit before exceptional items and tax | 209.97 | 209.97 |
| 4 | Exceptional items | 0.00 | 0.00 |
| 5 | Total profit before tax | 209.97 | 209.97 |
| 6 | Tax expense | ||
| 7 | Current tax | 29.49 | 29.49 |
| 8 | Deferred tax | 14.98 | 14.98 |
| 9 | Total tax expenses | 44.47 | 44.47 |
| 10 | Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement | 0.00 | 0.00 |
| 11 | Net Profit Loss for the period from continuing operations | 165.50 | 165.50 |
| 12 | Profit (loss) from discontinued operations before tax | 0.00 | 0.00 |
| 13 | Tax expense of discontinued operations | 0.00 | 0.00 |
| 14 | Net profit (loss) from discontinued operation after tax | 0.00 | 0.00 |
| 15 | Share of profit (loss) of associates and joint ventures accounted for using equity method | 0.00 | 0.00 |
| 16 | Total profit (loss) for period | 165.50 | 165.50 |
| 17 | Other comprehensive income net of taxes | 44.23 | 44.23 |
| 18 | Total Comprehensive Income for the period | 209.73 | 209.73 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | |||
| Total profit or loss, attributable to non-controlling interests | |||
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | |||
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | |||
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 3,114.88 | 3,114.88 | |
| Face value of equity share capital | 10 | 10 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | ||
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 0.6 | 0.6 | |
| Diluted earnings (loss) per share from continuing operations | 0.6 | 0.6 | |
| ii | Earnings per equity share for discontinued operations | ||
| Basic earnings (loss) per share from discontinued operations | 0 | 0 | |
| Diluted earnings (loss) per share from discontinued operations | 0 | 0 | |
| ii | Earnings per equity share | ||
| Basic earnings (loss) per share from continuing and discontinued operations | 0.6 | 0.6 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 0.6 | 0.6 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on financial results | Textual Information(1) | |
| Textual Information(1) | 1. This Statement of unaudited financial results for the quarter and half year ended September 30, 2026 has been prepared in accordance with the recognition and measurement principles laid down in Indian Accounting Standard (referred to as Ind AS) 34 - Interim Financial Reporting prescribed under Section 133 of the Companies Act, 2013, and other accounting principles generally accepted in India, read with the relevant rules issued thereunder, as amended from time to time and in terms of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 as amended (Listing Regulations 2015). These results have been reviewed by the Audit Committee and approved by the Board of Directors at their meetings held on November 12, 2026. 2. The equity shares of the Company were listed on the National Stock Exchange of India Limited (NSE) and BSE Limited (BSE) on August 25, 2026. Accordingly, these are the second quarterly results of the Company after the listing of its equity shares. The statutory auditors of the Company have carried out a limited review of the financial results for the quarter and half year ended September 30, 2026. The figures for the quarter ended June 30, 2026 were also subjected to limited review by the statutory auditors. The figures for the half year ended September 30, 2025 and the year ended March 31, 2026 have been audited by the statutory auditors. The figures for the quarter ended September 30, 2025 are the balancing figures between the audited figures for the half year ended September 30, 2025 and the unaudited figures for the quarter ended June 30, 2025. The figures for the quarters ended June 30, 2025 and September 30, 2025 have not been subjected to audit or limited review by the statutory auditors; however, the management has exercised necessary due diligence to ensure that these financial results provide a true and fair view of the Company's affairs. 3.Exceptional items - Gains/(Loss) include: Particulars QUARTER ENDED Half Year Ended YEAR ENDED 30.09.2026 30.06.2026 30.09.2025 30.09.2026 30.09.2025 31.03.2026 (UNAUDITED) (UNAUDITED) (UNAUDITED) (UNAUDITED) (AUDITED) (AUDITED) Statutory impact of new Labour Code - - - - - (31.56) 4. The aggregate of Other income for the quarters ended June 30, 2026 and September 30, 2026 (Rs. 113.82 lakhs) does not tally with the Other income reported for the half year ended September 30, 2026 (Rs. 113.19 lakhs). This is primarily on account of foreign exchange fluctuation, which resulted in a net loss of Rs. 0.63 lakhs for the quarter ended June 30, 2026 (presented under Other expenses) and a net gain of Rs. 16.86 lakhs for the quarter ended September 30, 2026 (presented under Other income). For the half year ended September 30, 2026, the net foreign exchange gain of Rs. 16.23 lakhs has been presented under Other income. Consequently, Other expenses for the half year (Rs. 72.23 lakhs) are also lower than the aggregate of the two quarters (Rs. 72.86 lakhs). 5. During the quarter ended September 30, 2026, the Company completed its Initial Public Offer (“IPO”) of equity shares of face value of Rs.10 each at an issue price of Rs.360 per equity share, including a share premium of Rs.350 per equity share. The IPO comprised a fresh issue of 48,00,034 equity shares aggregating to Rs.17,280.12 lakhs and an offer for sale of 30,37,157 equity shares by the selling shareholders aggregating to Rs.10,933.77 lakhs. 6. Pursuant to the IPO, the equity shares of the Company were listed on the National Stock Exchange of India Limited (“NSE”) and BSE Limited (“BSE”) on August 25, 2026. The utilisation of gross IPO proceeds is summarized below: Particulars Allocated amount Amount utilised till 30 Sep 2026 Amount unutilised at 30 Sep 2026 Working Capital Requirement 11,250.00 6,602.92 4 ,647.08 General Corporate Purposes 4,302.17 1,040.00 3,262.17 Company's share of Offer Expenses 1,727.95 1,281.99 445.96 Total 17,280.12 8,924.91 8,355.21 Total 17,280.12 8,924.91 8,355.21 7. During the quarter ended September 30, 2026, the Company paid GST of Rs. 1.44 crore on Offer for Sale expenses out of the IPO proceeds allocated to “Funding the working capital requirements of the Company”. The management has considered this a deviation, as it is not covered within the stated object. 8. Earnings per share for the quarters ended September 30, 2026, June 30, 2026 and September 30, 2025 and for the half years ended September 30, 2026 and September 30, 2025 are not annualised. 9. The Company operates in the business of film production, distribution, and media content creation. Revenue in this segment is recognized at a specific point in time upon the theatrical release of motion pictures or completion of content delivery licenses. Because the release calendar fluctuates based on production schedules and theatrical window availability, the financial performance is inherently non-linear. Accordingly, the financial results for the quarter ended are not comparable quarter-on-quarter or year-on-year with previous periods. 10. The Company operates in a single business segment within the meaning of Ind AS 108, Operating Segments, and accordingly, segment information is not applicable 11. The aforesaid financial results of the Company for the quarter and half year ended 30 September 2026 have been filed with BSE and NSE and are also available on Company's website https://sunshinepictures.in. 12. Figures for the previous period/ year have been regrouped/ reclassified wherever necessary to conform to the current period's classification. The impact of such regrouping/reclassification is not material to the financial results. |
|---|
| Debt equity ratio | |
|---|---|
| Debt service coverage ratio | |
| Interest service coverage ratio |
| Particulars | Year ended (dd-mm-yyyy) | |
|---|---|---|
| Date of start of reporting period | 01-04-2026 | |
| Date of end of reporting period | 30-09-2026 | |
| Whether results are audited or unaudited | Unaudited | |
| Nature of report standalone or consolidated | Standalone | |
| Assets | ||
| 1 | Non-current assets | |
| Property, plant and equipment | 948.71 | |
| Capital work-in-progress | ||
| Investment property | ||
| Goodwill | 0.00 | |
| Other intangible assets | 0.00 | |
| Intangible assets under development | ||
| Biological assets other than bearer plants | ||
| Investments accounted for using equity method | ||
| Non-current financial assets | ||
| Non-current investments | 0.00 | |
| Trade receivables, non-current | ||
| Loans, non-current | 0.00 | |
| Other non-current financial assets | ||
| 1 | (i) Other Financial Assets | 179.63 |
| Total of other non-current financial assets | 179.63 | |
| Total non-current financial assets | 179.63 | |
| Deferred tax assets (net) | 12.80 | |
| Other non-current assets | ||
| 1 | Right-of-Use Assets | 26.92 |
| Total of other non-current assets | 26.92 | |
| Total non-current assets | 1,168.06 | |
| 2 | Current assets | |
| Inventories | 18,050.05 | |
| Current financial asset | ||
| Current investments | 0.00 | |
| Trade receivables, current | 790.75 | |
| Cash and cash equivalents | 10,247.17 | |
| Bank balance other than cash and cash equivalents | 0.00 | |
| Loans, current | 361.21 | |
| Other current financial assets | ||
| Total of other current financial assets | 306.44 | |
| Total current financial assets | 11,705.57 | |
| Current tax assets (net) | 326.73 | |
| Other current assets | ||
| 1 | Other Current Assets | 3,698.82 |
| Total of other current assets | 3,698.82 | |
| Total current assets | 33,781.17 | |
| 3 | Non-current assets classified as held for sale | 1,497.80 |
| 4 | Regulatory deferral account debit balances and related deferred tax Assets | |
| Total assets | 36,447.03 | |
| Equity and liabilities | ||
| 1 | Equity | |
| Equity attributable to owners of parent | ||
| Equity share capital | 3,114.88 | |
| Other equity | 27,304.34 | |
| Total equity attributable to owners of parent | 30,419.22 | |
| Non controlling interest | ||
| Total equity | 30,419.22 | |
| 2 | Liabilities | |
| Non-current liabilities | ||
| Non-current financial liabilities | ||
| Borrowings, non-current | 137.45 | |
| Trade payables, non-current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | ||
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | ||
| Total Trade payable | ||
| Other non-current financial liabilities | ||
| Total of other non-current financial liabilities | ||
| Total non-current financial liabilities | 137.45 | |
| Provisions, non-current | 15.32 | |
| Deferred tax liabilities (net) | ||
| Deferred government grants, Non-current | ||
| Other non-current liabilities | ||
| 1 | Lease Liabilities | 13.11 |
| Total of other non-current liabilities | 13.11 | |
| Total non-current liabilities | 165.88 | |
| Current liabilities | ||
| Current financial liabilities | ||
| Borrowings, current | 370.06 | |
| Trade payables, current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 36.92 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 394.62 | |
| Total Trade payable | 431.54 | |
| Other current financial liabilities | ||
| 1 | Other current financial liabilities | 0.58 |
| 2 | Lease Liabilities | 15.70 |
| Total of other current financial liabilities | 16.28 | |
| Total current financial liabilities | 817.88 | |
| Other current liabilities | 4,612.45 | |
| 1 | Other current liabilities | 4,612.45 |
| Total of other current liabilities | 4,612.45 | |
| Provisions, current | 431.60 | |
| Current tax liabilities (Net) | ||
| Deferred government grants, Current | ||
| Total current liabilities | 5,861.93 | |
| 3 | Liabilities directly associated with assets in disposal group classified as held for sale | |
| 4 | Regulatory deferral account credit balances and related deferred tax liability | |
| Total liabilities | 6,027.81 | |
| Total equity and liabilites | 36,447.03 | |
| Disclosure of notes on assets and liabilities | ||
| Particulars | 3 months/ 6 month ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|---|
| Date of start of reporting period | 01-04-2026 | 01-04-2026 | |||||
| Date of end of reporting period | 30-09-2026 | 30-09-2026 | |||||
| Whether results are audited or unaudited | Unaudited | Unaudited | |||||
| Nature of report standalone or consolidated | Standalone | Standalone | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| Total Segment Revenue | |||||||
| Less: Inter segment revenue | |||||||
| Revenue from operations | |||||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| Total Profit before tax | |||||||
| i. Finance cost | |||||||
| ii. Other Unallocable Expenditure net off Unallocable income | |||||||
| Profit before tax | |||||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| Total Segment Asset | |||||||
| Un-allocable Assets | null | null | |||||
| Net Segment Asset | null | null | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| Total Segment Liabilities | |||||||
| Un-allocable Liabilities | null | null | |||||
| Net Segment Liabilities | null | null | |||||
| Disclosure of notes on segments | |||||||
| Particulars | 3 months/ 6 months ended (dd-mm-yyyy) | Year to date figures for current period ended (dd-mm-yyyy) | |
|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | 01-04-2026 |
| B | Date of end of reporting period | 30-09-2026 | 30-09-2026 |
| C | Whether results are audited or unaudited | Unaudited | Unaudited |
| D | Nature of report standalone or consolidated | Standalone | Standalone |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| 1 | '(i) Gain/(Loss) on remeasurement of defined benefit plans | 59.11 | 59.11 |
| Total Amount of items that will not be reclassified to profit and loss | 59.11 | ||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | 14.88 | 14.88 |
| 3 | Amount of items that will be reclassified to profit and loss | ||
| Total Amount of items that will be reclassified to profit and loss | |||
| 4 | Income tax relating to items that will be reclassified to profit or loss | ||
| 5 | Total Other comprehensive income | 44.23 | 44.23 |
| Particulars | Year ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|
| A | Date of start of reporting period | 01-04-2026 | ||||
| B | Date of end of reporting period | 30-09-2026 | ||||
| C | Whether results are audited or unaudited | Unaudited | ||||
| D | Nature of report standalone or consolidated | Standalone | ||||
| Statement of cash flows | ||||||
| Cash flows from used in operating activities | ||||||
| Profit before tax | ||||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | 41.40 | |||||
| Adjustments for decrease (increase) in inventories | (10,544.03) | |||||
| Adjustments for decrease (increase) in trade receivables, current | 5,876.02 | |||||
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |||||
| Adjustments for decrease (increase) in other current assets | (3,379.52) | |||||
| Adjustments for decrease (increase) in other non-current assets | 0.00 | |||||
| Adjustments for other financial assets, non-current | 0.06 | |||||
| Adjustments for other financial assets, current | (6.64) | |||||
| Adjustments for other bank balances | 0.00 | |||||
| Adjustments for increase (decrease) in trade payables, current | (337.59) | |||||
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |||||
| Adjustments for increase (decrease) in other current liabilities | 3,882.83 | |||||
| Adjustments for increase (decrease) in other non-current liabilities | 0.00 | |||||
| Adjustments for depreciation and amortisation expense | 104.51 | |||||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |||||
| Adjustments for provisions, current | 425.03 | |||||
| Adjustments for provisions, non-current | 0.00 | |||||
| Adjustments for other financial liabilities, current | (3.86) | |||||
| Adjustments for other financial liabilities, non-current | 0.00 | |||||
| Adjustments for unrealised foreign exchange losses gains | (16.23) | |||||
| Adjustments for dividend income | 0.00 | |||||
| Adjustments for interest income | 47.20 | |||||
| Adjustments for share-based payments | 0.00 | |||||
| Adjustments for fair value losses (gains) | 0.00 | |||||
| Adjustments for undistributed profits of associates | 0.00 | |||||
| Other adjustments for which cash effects are investing or financing cash flow | 0.00 | |||||
| Other adjustments to reconcile profit (loss) | 0.00 | |||||
| Other adjustments for non-cash items | (45.53) | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Total adjustments for reconcile profit (loss) | (4,050.75) | |||||
| Net cash flows from (used in) operations | (3,840.78) | |||||
| Dividends received | 0.00 | |||||
| Interest paid | 0.00 | |||||
| Interest received | 0.00 | |||||
| Income taxes paid (refund) | 1,298.94 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) operating activities | (5,139.72) | |||||
| Cash flows from used in investing activities | ||||||
| Cash flows from losing control of subsidiaries or other businesses | 0.00 | |||||
| Cash flows used in obtaining control of subsidiaries or other businesses | 0.00 | |||||
| Other cash receipts from sales of equity or debt instruments of other entities | 0.00 | |||||
| Other cash payments to acquire equity or debt instruments of other entities | 0.00 | |||||
| Other cash receipts from sales of interests in joint ventures | 0.00 | |||||
| Other cash payments to acquire interests in joint ventures | 0.00 | |||||
| Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Cash payment for investment in partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Proceeds from sales of property, plant and equipment | 0.00 | |||||
| Purchase of property, plant and equipment | 4.80 | |||||
| Proceeds from sales of investment property | 0.00 | |||||
| Purchase of investment property | 0.00 | |||||
| Proceeds from sales of intangible assets | 0.00 | |||||
| Purchase of intangible assets | 0.00 | |||||
| Proceeds from sales of intangible assets under development | 0.00 | |||||
| Purchase of intangible assets under development | 0.00 | |||||
| Proceeds from sales of goodwill | 0.00 | |||||
| Purchase of goodwill | 0.00 | |||||
| Proceeds from biological assets other than bearer plants | 0.00 | |||||
| Purchase of biological assets other than bearer plants | 0.00 | |||||
| Proceeds from government grants | 0.00 | |||||
| Proceeds from sales of other long-term assets | 0.00 | |||||
| Purchase of other long-term assets | 0.00 | |||||
| Cash advances and loans made to other parties | 0.00 | |||||
| Cash receipts from repayment of advances and loans made to other parties | 21.43 | |||||
| Cash payments for future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Cash receipts from future contracts, forward contracts, option contracts and swap contracts | 0.00 | |||||
| Dividends received | 0.00 | |||||
| Interest received | 47.20 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) investing activities | 63.83 | |||||
| Cash flows from used in financing activities | ||||||
| Proceeds from changes in ownership interests in subsidiaries | 0.00 | |||||
| Payments from changes in ownership interests in subsidiaries | 0.00 | |||||
| Proceeds from issuing shares | 17,280.12 | |||||
| Proceeds from issuing other equity instruments | 0.00 | |||||
| Payments to acquire or redeem entity's shares | 0.00 | |||||
| Payments of other equity instruments | 0.00 | |||||
| Proceeds from exercise of stock options | 0.00 | |||||
| Proceeds from issuing debentures notes bonds etc | 0.00 | |||||
| Proceeds from borrowings | 0.00 | |||||
| Repayments of borrowings | 401.91 | |||||
| Payments of lease liabilities | 8.89 | |||||
| Dividends paid | 0.00 | |||||
| Interest paid | 39.90 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | (1,554.61) | |||||
| Net cash flows from (used in) financing activities | 15,274.81 | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | 10,198.92 | |||||
| Effect of exchange rate changes on cash and cash equivalents | ||||||
| Effect of exchange rate changes on cash and cash equivalents | 0.00 | |||||
| Net increase (decrease) in cash and cash equivalents | 10,198.92 | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 48.25 | |||||
| Cash and cash equivalents cash flow statement at end of period | 10,247.17 | |||||
| Mode of Fund Raising | Public Issues |
|---|---|
| Description of mode of fund raising (Applicable in case of others is selected) | |
| Date of Raising Funds | 21-08-2026 |
| Amount Raised | 1,72,80,12,240.00 |
| Report filed for Quarter ended | 30-09-2026 |
| Monitoring Agency | Applicable |
| Monitoring Agency Name, if applicable | Care Ratings Limited |
| Is there a Deviation / Variation in use of funds raised | Yes |
| If yes, whether the same is pursuant to change in terms of a contract or objects, which was approved by the shareholders | No |
| If Yes, Date of shareholder Approval | |
| Explanation for the Deviation / Variation | Under the object ‘Funding the working capital requirements of the Company’, the company paid GST of Rs.1.44 crore related to issue expenses pertaining to OFS, which is not explicitly covered within the definition of the stated object as disclosed in the Prospectus and is considered as a deviation. As per management confirmation, same would be recovered from selling shareholders in due course. |
| Comments of the Audit Committee after review | None |
| Comments of the auditors, if any | During the quarter ended September 30, 2026, the Company paid GST of Rs. 1.44 crore on Offer for Sale expenses out of the IPO proceeds allocated to “Funding the working capital requirements of the Company”. The management has considered this a deviation, as it is not covered within the stated object. |
| Sr. | Original Object | Modified Object, if any | Original Allocation | Modified allocation, if any | Funds Utilised | Amount of Deviation/Variation for the quarter according to applicable object | Remarks if any |
| 1 | Funding the working capital requirements of the Company | N/A | 11,250.00 | 0.00 | 6,602.92 | 144.33 | Under the object ‘Funding the working capital requirements of the Company’, the company paid GST of Rs.1.44 crore related to issue expenses pertaining to OFS, which is not explicitly covered within the definition of the stated object as disclosed in the Prospectus and is considered as a deviation (1.28% of the amount allocated towards ‘Funding the working capital requirements of the Company’). The said amount has been recovered by the Company on 6th October, 2026 |
| Name of signatory | VIPUL A SHAH |
| Designation of person | Managing Director |
| Place | MUMBAI |
| Date | 12-11-2026 |
Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter) |
| Sr No. | Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken. | ||||||||||||||||||||||||
| Details of the party (listed entity/subsidiary) entering into the transaction | Details of the counterparty | Type of related party transaction | Details of other related party transaction | Value of the related party transaction as approved by the audit committee | Remarks on approval by audit committee | Value of the related party transaction ratified by the audit committee | Date of Audit Committee Meeting where the ratification was approved | Value of transaction during the reporting period | In case monies are due to either party as a result of the transaction | In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments | Details of the loans, inter-corporate deposits, advances or investments | Notes | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Name | PAN | Name | PAN | Relationship of the counterparty with the listed entity or its subsidiary | Opening balance | Closing balance | Nature of indebtedness (loan/ issuance of debt/ any other etc.) | Details of other indebtedness | Cost | Tenure | Nature (loan/ advance/ intercorporate deposit/ investment ) | Interest Rate (%) | Tenure | Secured/ unsecured | Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage) | ||||||||||
| 1 | Sunshine Pictures Ltd | Mr. Vipul Amrutlal Shah | Key Managerial Person | Remuneration | 3,00,00,000.00 | NA | 125.00 | 0.00 | 0.00 | ||||||||||||||||
| 2 | Sunshine Pictures Ltd | Mr. Vipul Amrutlal Shah | Key Managerial Person | Any other transaction | Rent | 96,00,000.00 | NA | 48.00 | 0.00 | 0.00 | |||||||||||||||
| 3 | Sunshine Pictures Ltd | Mr. Vipul Amrutlal Shah | Key Managerial Person | Interest paid | 0.00 | NA | 17.49 | 0.00 | 0.00 | ||||||||||||||||
| 4 | Sunshine Pictures Ltd | Mr. Vipul Amrutlal Shah | Key Managerial Person | Any other transaction | Repayment of Loan | 0.00 | NA | 105.00 | 420.00 | 315.00 | |||||||||||||||
| 5 | Sunshine Pictures Ltd | Mr. Vipul Amrutlal Shah | Key Managerial Person | Any other transaction | Reimbursement of expenses | 26,52,497.00 | NA | 26.52 | 0.00 | 0.61 | |||||||||||||||
| 6 | Sunshine Pictures Ltd | Mr. Vipul Amrutlal Shah | Key Managerial Person | Any other transaction | Reimbursement of Expenses (Taken) IPO-related expenses initially borne by the Company were subsequently reimbursed by the Selling Shareholders in proportion to their respective shares sold in the Offer. | 6,63,79,754.00 | NA | 663.80 | 0.00 | 0.00 | |||||||||||||||
| 7 | Sunshine Pictures Ltd | Mr. Vipul Amrutlal Shah | Key Managerial Person | Any other transaction | Refundable deposit | 0.00 | NA | 0.00 | 150.00 | 150.00 | |||||||||||||||
| 8 | Sunshine Pictures Ltd | Ms. Shefali Shah | Key Managerial Person | Remuneration | 1,20,00,000.00 | NA | 60.00 | 0.00 | 6.85 | ||||||||||||||||
| 9 | Sunshine Pictures Ltd | Ms. Shefali Shah | Key Managerial Person | Any other transaction | Reimbursement of Expenses (Taken) IPO-related expenses initially borne by the Company were subsequently reimbursed by the Selling Shareholders in proportion to their respective shares sold in the Offer. | 3,28,65,557.00 | NA | 328.66 | 0.00 | 0.00 | |||||||||||||||
| 10 | Sunshine Pictures Ltd | Mr Aryamaan Shah | Key Managerial Person | Remuneration | 50,00,000.00 | NA | 25.00 | 0.00 | 3.25 | ||||||||||||||||
| 11 | Sunshine Pictures Ltd | Mr Maurya Shah | Key Managerial Person | Remuneration | 50,00,000.00 | NA | 25.00 | 0.00 | 3.25 | ||||||||||||||||
| 12 | Sunshine Pictures Ltd | Mr Maurya Shah | Key Managerial Person | Any other transaction | Expense relating to Company initially incurred by Director, reimbursed back | 2,05,654.00 | NA | 2.06 | 0.00 | 0.00 | |||||||||||||||
| 13 | Sunshine Pictures Ltd | Solarya Hospitality Pvt Ltd | Company in which KMP has significant control | Any other transaction | Advance received for sale of asset | NA | 1,200.00 | 50.00 | 1,250.00 | ||||||||||||||||
| 14 | Sunshine Pictures Ltd | Paresh Ganatra | Key Managerial Person | Any other transaction | Sitting Fees paid for attending Board/committee meetings | 4,35,000.00 | NA | 4.35 | 0.00 | 0.00 | |||||||||||||||
| 15 | Sunshine Pictures Ltd | Manmohan Shetty | Key Managerial Person | Any other transaction | Sitting Fees paid for attending Board/committee meetings | 4,35,000.00 | NA | 4.35 | 0.00 | 0.00 | |||||||||||||||
| 16 | Sunshine Pictures Ltd | Kapil Bagla | Key Managerial Person | Any other transaction | Sitting Fees paid for attending Board/committee meetings | 4,40,000.00 | NA | 4.40 | 0.00 | 0.00 | |||||||||||||||
| 17 | Sunshine Pictures Ltd | Pawan Bachani | Key Managerial Person | Any other transaction | Sitting Fees paid for attending Board/committee meetings | 5,25,000.00 | NA | 5.25 | 0.00 | 0.00 | |||||||||||||||
| 18 | Sunshine Pictures Ltd | Mr. Sunil Karda | Key Managerial Person | Remuneration | 36,00,000.00 | NA | 18.00 | 2.43 | 2.42 | ||||||||||||||||
| 19 | Sunshine Pictures Ltd | Mr. Ravichand Nallapa | Key Managerial Person | Remuneration | 36,00,000.00 | NA | 18.00 | 2.43 | 2.42 | ||||||||||||||||
| 20 | Sunshine Pictures Ltd | Ms. Dhwani Vora | Key Managerial Person | Remuneration | 14,00,000.00 | NA | 7.39 | 1.05 | 1.92 | ||||||||||||||||
| 21 | Sunshine Pictures Ltd | Ms. Dhwani Vora | Key Managerial Person | Any other transaction | Expense relating to Company initially incurred by KMP, reimbursed | 591.00 | NA | 0.01 | 0.00 | 0.00 | |||||||||||||||
| 22 | Sunshine Pictures Ltd | Mr. Krishnan Nallappa | Relative of KMP | Any other transaction | Professional Fees | 12,00,000.00 | NA | 6.00 | 0.90 | 0.90 | |||||||||||||||
| 23 | Sunshine Pictures Ltd | Mr. Murali Nallappa | Relative of KMP | Any other transaction | Professional Fees | 1,00,00,000.00 | NA | 2.00 | 0.00 | 0.00 | |||||||||||||||
| 24 | Sunshine Pictures Ltd | Miracle Movies | Proprietory concern of relative of KMP | Interest received | 0.00 | NA | 8.52 | 206.63 | 214.31 | ||||||||||||||||
| 25 | Sunshine Pictures Ltd | Miracle Movies | Proprietory concern of relative of KMP | Any other transaction | Security Deposit | 0.00 | NA | 0.00 | 160.00 | 160.00 | |||||||||||||||
| 26 | Sunshine Pictures Ltd | Paresh Ganatra | Key Managerial Person | Any other transaction | Professional Fees | 2,00,000.00 | NA | 1.10 | 0.00 | 0.00 | |||||||||||||||
| Total value of transaction during the reporting period | 2,705.90 | ||||||||||||||||||||||||