A 68.12% tax rate squeezed Cinevista's Q4 profit conversion
The consolidated quarter still delivered a 42.55% operating margin, while other income was only Rs 0.06 cr.
Filed 04 Sep 2026, 16:36 IST · after market close · CINEVISTA (CINEVISTA)
Key takeaways
- A 68.12% tax rate limited Cinevista's consolidated Q4FY26 net-profit conversion to Rs 0.82 cr.
- The quarter's operating margin was 42.55%, with operating profit of Rs 3.11 cr on revenue of Rs 7.3 cr.
- Other income was only Rs 0.06 cr, so reported earnings were not driven by non-operating income.
42.55% margin was the main operating signal
On a consolidated basis, the clearest operating signal was a 42.55% margin, with Rs 3.11 cr of operating profit generated from Rs 7.3 cr of revenue. With no comparison available for the quarter, the margin provides the main read on operating performance.
Tax rate shaped the gap between PBT and net profit
The 68.12% tax rate was the main drag on profit conversion: Rs 2.56 cr of profit before tax resulted in Rs 0.82 cr of net profit. Other income of Rs 0.06 cr was small relative to pre-tax profit, so it did not materially support earnings.
Results were filed after market close
Cinevista filed these consolidated Q4FY26 results after market close on 04 Sep 2026. The filing timing means the immediate stock-market response is not part of this results read.
Q4FY26 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q4FY26 |
|---|---|
| Revenue | ₹7 cr |
| Other income | ₹0 cr |
| Expenses | ₹4 cr |
| Operating profit | ₹3 cr |
| Operating margin (%) | 42.55% |
| Interest | ₹1 cr |
| Depreciation | ₹0 cr |
| Profit before tax | ₹3 cr |
| Tax | ₹2 cr |
| Net profit | ₹1 cr |
| EPS (₹) | ₹0.17 |
What to watch
- Whether the tax rate moves below 68.12% in the next reported quarter.
- Whether operating margin holds at or above 42.55%.
- Whether other income remains a small contributor relative to Rs 2.56 cr of pre-tax profit.