Creative Eye's FY26 loss hits ₹5.18 cr as revenue collapses to ₹42 lakh
Revenue dropped 84% YoY; an exceptional charge of ₹3.38 cr from a Doordarshan settlement wiped out any chance of recovery.
— 1 earlier story on Creative Eye Ltd. →What's new
- Net loss widened to ₹5.18 crore from ₹0.72 crore in FY25.
- Revenue collapsed 84% to ₹42.16 lakh; no revenue in first three quarters.
- Exceptional charge of ₹3.38 crore from a Doordarshan settlement.
Why this matters
For a company with a market cap of just ₹13 crore, a ₹5.18 crore loss is existential. Revenue has all but dried up, and cash flow is negative. The unmodified audit opinion doesn't change the fact that the underlying business has materially worsened.
What we're watching
- Whether the company can generate any revenue in FY27.
- Any further restructuring or capital raise.
- If the Doordarshan settlement is the last of such liabilities.
The full read
Creative Eye's FY26 numbers show a business in freefall. Revenue fell to ₹42.16 lakh from ₹260.81 lakh, an 84% drop. The company recorded zero revenue for three quarters. Add a ₹3.38 crore exceptional charge from a Doordarshan settlement, and net loss swelled to ₹5.18 crore, up from ₹0.72 crore a year ago. The market cap is ₹13 crore. This loss is 40% of that. The audit is clean, but the business is hollowed out. The question now is whether there's a business left to recover.
Questions answered
- How much did Creative Eye's revenue fall in FY26?
- Revenue from operations collapsed to ₹42.16 lakh from ₹260.81 lakh, an 84% drop. The company recorded no revenue in the first three quarters.
- What caused the exceptional loss of ₹3.38 crore?
- The exceptional charge arose from a settlement with Doordarshan. It contributed significantly to the widening net loss.
- Is Creative Eye at risk of insolvency?
- With a market cap of just ₹13 crore and a net loss of ₹5.18 crore, the loss is 40% of its market cap. Negative operating cash flow and declining asset base indicate severe financial stress.
- Did the auditor raise any red flags?
- The audited financial statements received an unmodified audit opinion, meaning no material misstatements were found. However, the underlying business fundamentals have materially worsened.
Creative Eye Ltd.
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All notes on CREATIVEYE →- 13 Jun 2026 · 4:12 PM IST Creative Eye's FY26 loss hits ₹5.18 cr as revenue collapses to ₹42 lakh
- 41d ago Creative Eye reports ₹5.18 crore loss as revenue collapses