| Scrip Code | 539436 |
|---|---|
| NSE Symbol | COFFEEDAY |
| MSEI Symbol | NOTLISTED |
| ISIN | INE335K01011 |
| Name of company | COFFEE DAY ENTERPRISES LIMITED |
| Type of company | Main Board |
| Class of security | Equity |
| Date of start of financial year | 01-04-2025 |
| Date of end of financial year | 31-03-2026 |
| Date of board meeting when results were approved | 27-05-2026 |
| Date on which prior intimation of the meeting for considering financial results was informed to the exchange | 23-04-2026 |
| Description of presentation currency | INR |
| Level of rounding used in financial results | Lakhs |
| Reporting Type | Quarterly |
| Reporting Quarter | Fourth quarter |
| Nature of report standalone or consolidated | Consolidated |
| Whether results are audited or unaudited for the quarter ended | Audited |
| Whether results are audited or unaudited for the Year to date for current period ended/year ended | Audited |
| Segment Reporting | Multi segment |
| Description of single segment | |
| Start date and time of board meeting | 27-05-2026 17:00:00 |
| End date and time of board meeting | 27-05-2026 20:00:00 |
| 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 | Statement on impact of audit qualification |
| 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 | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| 1 | Income | ||
| Revenue from operations | 28,051.00 | 1,11,575.00 | |
| Other income | 1,297.00 | 3,866.00 | |
| Total income | 29,348.00 | 1,15,441.00 | |
| 2 | Expenses | ||
| (a) | Cost of materials consumed | 13,477.00 | 55,959.00 |
| (b) | Purchases of stock-in-trade | 0.00 | 0.00 |
| (c) | Changes in inventories of finished goods, work-in-progress and stock-in-trade | 0.00 | 0.00 |
| (d) | Employee benefit expense | 3,876.00 | 15,580.00 |
| (e) | Finance costs | 2,574.00 | 9,231.00 |
| (f) | Depreciation, depletion and amortisation expense | 4,364.00 | 12,948.00 |
| (f) | Other Expenses | ||
| 1 | Other Expenses | 5,624.00 | 26,482.00 |
| Total other expenses | 5,624.00 | 26,482.00 | |
| Total expenses | 29,915.00 | 1,20,200.00 | |
| 3 | Total profit before exceptional items and tax | (567.00) | (4,759.00) |
| 4 | Exceptional items | 14,089.00 | 23,834.00 |
| 5 | Total profit before tax | 13,522.00 | 19,075.00 |
| 6 | Tax expense | ||
| 7 | Current tax | 0.00 | 0.00 |
| 8 | Deferred tax | 806.00 | (1,155.00) |
| 9 | Total tax expenses | 806.00 | (1,155.00) |
| 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 | 12,716.00 | 20,230.00 |
| 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 | 491.00 | 784.00 |
| 16 | Total profit (loss) for period | 13,207.00 | 21,014.00 |
| 17 | Other comprehensive income net of taxes | 606.00 | 438.00 |
| 18 | Total Comprehensive Income for the period | 13,813.00 | 21,452.00 |
| 19 | Total profit or loss, attributable to | ||
| Profit or loss, attributable to owners of parent | 13,206.00 | 20,307.00 | |
| Total profit or loss, attributable to non-controlling interests | 1.00 | 707.00 | |
| 20 | Total Comprehensive income for the period attributable to | ||
| Comprehensive income for the period attributable to owners of parent | 13,722.00 | 20,779.00 | |
| Total comprehensive income for the period attributable to owners of parent non-controlling interests | 91.00 | 673.00 | |
| 21 | Details of equity share capital | ||
| Paid-up equity share capital | 21,125.00 | 21,125.00 | |
| Face value of equity share capital | 10 | 10 | |
| 27 | Details of debt securities | ||
| 22 | Reserves excluding revaluation reserve | 2,58,284.00 | |
| 23 | Earnings per share | ||
| i | Earnings per equity share for continuing operations | ||
| Basic earnings (loss) per share from continuing operations | 6.25 | 9.61 | |
| Diluted earnings (loss) per share from continuing operations | 6.25 | 9.61 | |
| 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 | 6.25 | 9.61 | |
| Diluted earnings (loss) per share from continuing and discontinued operations | 6.25 | 9.61 | |
| 24 | Debt equity ratio | ||
| 25 | Debt service coverage ratio | ||
| 26 | Interest service coverage ratio | ||
| 27 | Disclosure of notes on 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 | 01-04-2025 | |
| Date of end of reporting period | 31-03-2026 | |
| Whether results are audited or unaudited | Audited | |
| Nature of report standalone or consolidated | Consolidated | |
| Assets | ||
| 1 | Non-current assets | |
| Property, plant and equipment | 34,690.00 | |
| Capital work-in-progress | 556.00 | |
| Investment property | 2,505.00 | |
| Goodwill | 146.00 | |
| Other intangible assets | 87.00 | |
| Intangible assets under development | 0.00 | |
| Biological assets other than bearer plants | 0.00 | |
| Investments accounted for using equity method | 7,381.00 | |
| Non-current financial assets | ||
| Non-current investments | 2,012.00 | |
| Trade receivables, non-current | 0.00 | |
| Loans, non-current | 30.00 | |
| Other non-current financial assets | ||
| 1 | Other non-current financial assets | 3,497.00 |
| Total of other non-current financial assets | 3,497.00 | |
| Total non-current financial assets | 5,539.00 | |
| Deferred tax assets (net) | 30,795.00 | |
| Other non-current assets | ||
| 1 | Other non-current assets | 30,365.00 |
| Total of other non-current assets | 30,365.00 | |
| Total non-current assets | 1,12,064.00 | |
| 2 | Current assets | |
| Inventories | 3,724.00 | |
| Current financial asset | ||
| Current investments | 0.00 | |
| Trade receivables, current | 5,947.00 | |
| Cash and cash equivalents | 2,560.00 | |
| Bank balance other than cash and cash equivalents | 87.00 | |
| Loans, current | 2,29,095.00 | |
| Other current financial assets | ||
| Total of other current financial assets | 99,260.00 | |
| Total current financial assets | 3,36,949.00 | |
| Current tax assets (net) | 276.00 | |
| Other current assets | ||
| 1 | Other current assets | 760.00 |
| Total of other current assets | 760.00 | |
| Total current assets | 3,41,709.00 | |
| 3 | Non-current assets classified as held for sale | 0.00 |
| 4 | Regulatory deferral account debit balances and related deferred tax Assets | 0.00 |
| Total assets | 4,53,773.00 | |
| Equity and liabilities | ||
| 1 | Equity | |
| Equity attributable to owners of parent | ||
| Equity share capital | 21,125.00 | |
| Other equity | 2,58,284.00 | |
| Total equity attributable to owners of parent | 2,79,409.00 | |
| Non controlling interest | 36,221.00 | |
| Total equity | 3,15,630.00 | |
| 2 | Liabilities | |
| Non-current liabilities | ||
| Non-current financial liabilities | ||
| Borrowings, non-current | 20,501.00 | |
| Trade payables, non-current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 0.00 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 0.00 | |
| Total Trade payable | 0.00 | |
| Other non-current financial liabilities | ||
| 1 | Lease Liabilities | 18,988.00 |
| Total of other non-current financial liabilities | 18,988.00 | |
| Total non-current financial liabilities | 39,489.00 | |
| Provisions, non-current | 1,526.00 | |
| Deferred tax liabilities (net) | 196.00 | |
| Deferred government grants, Non-current | 0.00 | |
| Other non-current liabilities | ||
| Total of other non-current liabilities | ||
| Total non-current liabilities | 41,211.00 | |
| Current liabilities | ||
| Current financial liabilities | ||
| Borrowings, current | 37,372.00 | |
| Trade payables, current | ||
| (A) Total outstanding dues of micro enterprises and small enterprises | 987.00 | |
| (B) Total outstanding dues of creditors other than micro enterprises and small enterprises | 3,796.00 | |
| Total Trade payable | 4,783.00 | |
| Other current financial liabilities | ||
| 1 | Lease Liabilities | 5,816.00 |
| 2 | Other current financial liabilities | 29,722.00 |
| Total of other current financial liabilities | 35,538.00 | |
| Total current financial liabilities | 77,693.00 | |
| Other current liabilities | 1,832.00 | |
| 1 | Other current liabilities | 1,832.00 |
| Total of other current liabilities | 1,832.00 | |
| Provisions, current | 1,837.00 | |
| Current tax liabilities (Net) | 15,570.00 | |
| Deferred government grants, Current | 0.00 | |
| Total current liabilities | 96,932.00 | |
| 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 | 1,38,143.00 | |
| Total equity and liabilites | 4,53,773.00 | |
| 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 | 01-01-2026 | 01-04-2025 | |||||
| Date of end of reporting period | 31-03-2026 | 31-03-2026 | |||||
| Whether results are audited or unaudited | Audited | Audited | |||||
| Nature of report standalone or consolidated | Consolidated | Consolidated | |||||
| 1 | Segment Revenue (Income) | ||||||
| (net sale/income from each segment should be disclosed) | |||||||
| 1 | Coffee and related business | 27,578.00 | 1,09,393.00 | ||||
| 2 | Hospitality services | 0.00501 | 2,259.00 | ||||
| 3 | Others | 0.00003 | 0.00012 | ||||
| Total Segment Revenue | 28,082.00 | 1,11,664.00 | |||||
| Less: Inter segment revenue | 31.00 | 89.00 | |||||
| Revenue from operations | 28,051.00 | 1,11,575.00 | |||||
| 2 | Segment Result | ||||||
| Profit (+) / Loss (-) before tax and interest from each segment | |||||||
| 1 | Coffee and related business | 7,522.00 | 20,195.00 | ||||
| 2 | Hospitality services | 183.00 | 947.00 | ||||
| 3 | Others | 13,246.00 | 20,897.00 | ||||
| Total Profit before tax | 20,951.00 | 42,039.00 | |||||
| i. Finance cost | 2,574.00 | 9,231.00 | |||||
| ii. Other Unallocable Expenditure net off Unallocable income | 5,170.00 | 11,793.00 | |||||
| Profit before tax | 13,207.00 | 21,015.00 | |||||
| 3 | (Segment Asset - Segment Liabilities) | ||||||
| Segment Asset | |||||||
| 1 | Coffee and related business | 0.00 | 0.00 | ||||
| 2 | Hospitality services | 0.00 | 0.00 | ||||
| 3 | Others | 0.00 | 0.00 | ||||
| Total Segment Asset | 0.00 | 0.00 | |||||
| Un-allocable Assets | 0.00 | 0.00 | |||||
| Net Segment Asset | 0.00 | 0.00 | |||||
| 4 | Segment Liabilities | ||||||
| Segment Liabilities | |||||||
| 1 | Coffee and related business | 0.00 | 0.00 | ||||
| 2 | Hospitality services | 0.00 | 0.00 | ||||
| 3 | Others | 0.00 | 0.00 | ||||
| Total Segment Liabilities | 0.00 | 0.00 | |||||
| Un-allocable Liabilities | 0.00 | 0.00 | |||||
| Net Segment Liabilities | 0.00 | 0.00 | |||||
| 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 | 01-01-2026 | 01-04-2025 |
| B | Date of end of reporting period | 31-03-2026 | 31-03-2026 |
| C | Whether results are audited or unaudited | Audited | Audited |
| D | Nature of report standalone or consolidated | Consolidated | Consolidated |
| Other comprehensive income [Abstract] | |||
| 1 | Amount of items that will not be reclassified to profit and loss | ||
| Total Amount of items that will not be reclassified to profit and loss | |||
| 2 | Income tax relating to items that will not be reclassified to profit or loss | (606.00) | (438.00) |
| 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 | 606.00 | 438.00 |
| Particulars | Year ended (dd-mm-yyyy) | |||||
|---|---|---|---|---|---|---|
| A | Date of start of reporting period | 01-04-2025 | ||||
| B | Date of end of reporting period | 31-03-2026 | ||||
| C | Whether results are audited or unaudited | Audited | ||||
| D | Nature of report standalone or consolidated | Consolidated | ||||
| Statement of cash flows | ||||||
| Cash flows from used in operating activities | ||||||
| Profit before tax | 19,075.00 | |||||
| Adjustments for reconcile profit (loss) | ||||||
| Adjustments for finance costs | 9,231.00 | |||||
| Adjustments for decrease (increase) in inventories | (15.00) | |||||
| Adjustments for decrease (increase) in trade receivables, current | 235.00 | |||||
| Adjustments for decrease (increase) in trade receivables, non-current | 0.00 | |||||
| Adjustments for decrease (increase) in other current assets | 371.00 | |||||
| Adjustments for decrease (increase) in other non-current assets | 0.00 | |||||
| Adjustments for other financial assets, non-current | 0.00 | |||||
| Adjustments for other financial assets, current | 1,380.00 | |||||
| Adjustments for other bank balances | 0.00 | |||||
| Adjustments for increase (decrease) in trade payables, current | (1,651.00) | |||||
| Adjustments for increase (decrease) in trade payables, non-current | 0.00 | |||||
| Adjustments for increase (decrease) in other current liabilities | (637.00) | |||||
| Adjustments for increase (decrease) in other non-current liabilities | 0.00 | |||||
| Adjustments for depreciation and amortisation expense | 12,948.00 | |||||
| Adjustments for impairment loss reversal of impairment loss recognised in profit or loss | 0.00 | |||||
| Adjustments for provisions, current | 0.00 | |||||
| Adjustments for provisions, non-current | 494.00 | |||||
| Adjustments for other financial liabilities, current | 157.00 | |||||
| Adjustments for other financial liabilities, non-current | 0.00 | |||||
| Adjustments for unrealised foreign exchange losses gains | 0.00 | |||||
| Adjustments for dividend income | 0.00 | |||||
| Adjustments for interest income | 752.00 | |||||
| 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 | (2.00) | |||||
| Other adjustments to reconcile profit (loss) | (23,813.00) | |||||
| Other adjustments for non-cash items | (449.00) | |||||
| Share of profit and loss from partnership firm or association of persons or limited liability partnerships | 0.00 | |||||
| Total adjustments for reconcile profit (loss) | (2,503.00) | |||||
| Net cash flows from (used in) operations | 16,572.00 | |||||
| Dividends received | 0.00 | |||||
| Interest paid | (604.00) | |||||
| Interest received | 0.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) operating activities | 17,176.00 | |||||
| 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 | 2,561.00 | |||||
| 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 | 5.00 | |||||
| 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 | 1,397.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 22,738.00 | |||||
| Net cash flows from (used in) investing activities | 21,579.00 | |||||
| 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 | 0.00 | |||||
| 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 | 28,234.00 | |||||
| Payments of lease liabilities | 8,139.00 | |||||
| Dividends paid | 0.00 | |||||
| Interest paid | 4,481.00 | |||||
| Income taxes paid (refund) | 0.00 | |||||
| Other inflows (outflows) of cash | 0.00 | |||||
| Net cash flows from (used in) financing activities | (40,854.00) | |||||
| Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes | (2,099.00) | |||||
| 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 | (2,099.00) | |||||
| Cash and cash equivalents cash flow statement at beginning of period | 4,659.00 | |||||
| Cash and cash equivalents cash flow statement at end of period | 2,560.00 | |||||
| Whether results are audited or unaudited | Audited |
|---|---|
| Declaration of unmodified opinion or statement on impact of audit qualification | Statement on impact of audit qualification |
| Auditor's opinion | Disclaimer of opinion |
| Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results |
| Sr No. | Audit firm's name | Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI | Certificate valid upto | ||
| 1 | VENKATESH & CO CHARTERED ACCOUNTANTS | Yes | 30-11-2026 | ||
|---|---|---|---|---|---|
| Sr. | Particulars | Audited Figures (as reported before adjusting for qualifications) | Adjusted Figures (audited figures after adjusting for qualifications) |
|---|---|---|---|
| 1 | Turnover / Total income | 1,15,440.00 | 0.00 |
| 2 | Total Expenditure | 1,20,199.00 | 0.00 |
| 3 | Net Profit/(Loss) | 21,014.00 | 0.00 |
| 4 | Earnings Per Share | 9.61 | 0 |
| 5 | Total Assets | 4,53,773.00 | 0.00 |
| 6 | Total Liabilities | 1,38,143.00 | 0.00 |
| 7 | Net Worth | 3,15,630.00 | 0.00 |
| Sr. | Details of Audit Qualification | Type of Audit Qualification | Frequency of qualification | For Audit Qualification(s) where the impact is quantified by the auditor | For Audit Qualification(s) where the impact is not quantified by the auditor | ||
|---|---|---|---|---|---|---|---|
| Management's Views | (i) Management's estimation on the impact of audit qualification | (ii) If management is unable to estimate the impact, reasons for the same | Auditors' Comments on (i) or (ii) above | ||||
| 1 | Textual Information(1) | Disclaimer of opinion | Repetitive | Textual Information(2) | Textual Information(3) | Textual Information(4) | Textual Information(5) |
| 2 | Textual Information(6) | Disclaimer of opinion | Repetitive | Textual Information(7) | Textual Information(8) | Textual Information(9) | Textual Information(10) |
| 3 | Textual Information(11) | Disclaimer of opinion | Repetitive | Textual Information(12) | Textual Information(13) | Textual Information(14) | Textual Information(15) |
| 4 | Textual Information(16) | Disclaimer of opinion | Repetitive | Textual Information(17) | Textual Information(18) | Textual Information(19) | Textual Information(20) |
| 5 | Textual Information(21) | Disclaimer of opinion | Repetitive | Textual Information(22) | Textual Information(23) | Textual Information(24) | Textual Information(25) |
| 6 | Textual Information(26) | Disclaimer of opinion | Repetitive | Textual Information(27) | Textual Information(28) | Textual Information(29) | Textual Information(30) |
| Textual Information(1) | Attention is drawn to Note 5 of this statement wherein a final adjudication order dated 24.01.2023 has been served on the company under section 11 (11(4), 11(4A), 11B and 11B ( of the Securities and Exchange Board of India Act, 1992 read with Rule 5 of SEBI (Procedure for Holding Inquiry and Imposing Penalties) Rules, 1995 by SEBI imposed with a total monetary penalty of Rs.26,00,00,000 (Rupees Twenty-Six Crore) under Section 15HA and Section 15HB of the SEBI Act, 1992 respectively on account of violations of provisions of Section 12A(a), (b) & (c) of the SEBI Act, 1992 read with Regulations 3(b), (c) & (d) and 4(1) of the PFUTP Regulations as stated in Para 59 and 60 of its order relating to the advances to MACEL by the subsidiaries of the Company. The company appealed against the above order dated 24th January 2023 to the Honble Securities Appellate Tribunal (SAT) which granted stay on the imposition of penalty. Further, the Company has initiated arbitration proceedings against MACEL as suggested by Crest Law in consultation with NSE. In this regard the subsidiaries of the company have filed claim statement as part of arbitration proceedings. No provision is made in the books of accounts against the amount receivable from MACEL. In the absence of any conclusive evidence demonstrated by the company for recoverability of the same, we are unable to comment on the recoverability, requirement or otherwise of provision on those receivables and consequential impact on these financial statements. Further, we have in respect of 3 subsidiaries and 2 step-down subsidiaries, based on our review, have issued a disclaimer of conclusion due to the possible impact of the recoverability of dues from MACEL. Hence, we are unable to comment on the recoverability of amount due from MACEL amounting to Rs.3,357.13 Crores to the group as a whole. Similarly in the case of one other subsidiary, the other auditor has issued a disclaimer of conclusion due to the possible impact of the recoverability of dues from MACEL. |
|---|---|
| Textual Information(2) | Not ascertainable since its a disclaimer of opinion |
| Textual Information(3) | Not ascertainable |
| Textual Information(4) | The company appealed the above order dated 24th January 2023 to the Honble Securities Appellate Tribunal (SAT). However, the SAT granted stay on imposition of penalty. As per the instructions of NSE the Company appointed Independent Law Firm Crest Law on 3rd April 2023 to take effective steps for recovery of dues from MACEL. Subsidiaries of the company has initiated arbitration proceedings against MACEL. In this regard the subsidiaries of the company has filed claim statement as part of arbitration proceedings. Under the above circumstances, no provision is made in the books of accounts against the amount receivable from MACEL. As on 31 March 2026 the amount due by MACEL to various subsidiaries and joint venture of the company amounts Rs.3,357.13 crores. |
| Textual Information(5) | As we have not been provided with the details of consequential actions, if any, we are unable to ascertain the impact of the same on the consolidated financial statements of the Group. |
| Textual Information(6) | In respect of the Holding Company and some of the subsidiaries, there are instances of non-compliance with certain debt covenants including interest & principal repayment defaults have been described. We also draw attention to the fact that the Holding Company has not obtained the balance confirmations on loans from two lenders amounting to Rs. 76.98 crores. We have been informed that during the previous years, certain lenders have exercised their right to recall the loan (refer Note 6, Note 8, Note 9, Note 10 and Note 13 of the Statement). In the absence of adequate and sufficient audit evidence to establish the amounts payable to the lenders, we are unable to provide our opinion on the correctness of these amounts reflected in the consolidated financial results and also on their consequential impact including compliance with accrual concept of accounting and potential tax liabilities. |
| Textual Information(7) | Not ascertainable since its a disclaimer of conclusion |
| Textual Information(8) | Not ascertainable |
| Textual Information(9) | Management is following up with lenders to get the balance confirmations. This will be taken care of during one time settlement process. |
| Textual Information(10) | As we have not been provided with the details of consequential actions, if any, taken by the lenders to the Group, we are unable to ascertain the impact of the same on the consolidated financial statements of the Group. |
| Textual Information(11) | We have highlighted in one subsidiary that the Company is currently undergoing a corporate restructuring process with its lenders, as detailed in Note No.9 of the Consolidated Financial Results. This restructuring involves realigning the companys debt and interest obligations in accordance with the proposed plan, which remains pending for necessary approvals. The company has not recognized the impact of exchange fluctuation difference for the External commercial borrowings from one lender who are also a part of the proposed restructuring plan. The conversion of the foreign currency loan into rupee loans as well as applicable interest rate of 8.50% is subject to the necessary approval of the Reserve Bank of India. Pending final execution of the restructuring plan and pending necessary approvals from the RBI for the conversion of foreign currency loan,we are unable to comment on the completeness of the loan balances and its impact in these consolidated financial results. |
| Textual Information(12) | Coffee Day Global Limited(subsidiary) company has recognised interest @8.50% as per restructuring plan and letter receive from the lenders where they have agreed interest payable is @8.5%. |
| Textual Information(13) | Impact already given in financials as per the proposed restructuring plan |
| Textual Information(14) | Not applicable |
| Textual Information(15) | We have no comments to offer. |
| Textual Information(16) | One of the subsidiary of the company has not recognized a financial guarantee given to erstwhile subsidiary SICAL amounting to Rs.41.67 Crores, which has been invoked by the lenders. Due to the proposed restructuring plan with the lender regarding a settlement, we are unable to assess the impact of this matter on the financial Results. Accordingly, the level of compliance with the Indian Accounting Standards cannot be ascertained by us. |
| Textual Information(17) | As the Coffee Day Global Limited(subsidiary) is in the process of restructuring of the debt, once the debt is restructured the respective corporate guarantee liabilities will be given effect in the financial statements to the extent required |
| Textual Information(18) | Not applicable |
| Textual Information(19) | Not applicable |
| Textual Information(20) | We have no comments to offer. |
| Textual Information(21) | We draw attention to Note No.14 of the Consolidated Financial Results wherein in 1 subsidiary there are doubts on the recoverability of capital advance dues aggregating to INR 275 Crores. An agreement for the purchase of land at Mumbai had been entered into which has been acquired by City & Industrial Development Corporation (CIDCO) nodal agency for acquiring land for Navi Mumbai International Airport. CIDCO has proposed alternative land in lieu of the acquisition of land. However, the party has filed legal case for monetary compensation instead of alternate land. |
| Textual Information(22) | Not ascertainable since its a disclaimer of conclusion |
| Textual Information(23) | Not ascertainable |
| Textual Information(24) | An agreement for purchase of land at Mumbai had been entered into by the Tanglin Developments Limited (subsidiary) with Mrs.Vasanthi Hegde in FY 2017-18. Based on agreement to purchase the land the Tanglin Developments Limited (subsidiary) has advanced Rs.27,500 Lakhs to Mrs.Vasanthi Hegde. The land in the name of Mrs.Vasanthi Hegde has been acquired by City & Industrial Development Corporation (CIDCO) nodal agency for acquiring land for Navi Mumbai International Airport. CIDCO has proposed alternative land in lieu of the acquisition of land. However Mrs.Vasanthi Hegde has filed legal case for monetary compensation instead of alternate land. |
| Textual Information(25) | As we have not been provided with the details of consequential actions, if any, we are unable to ascertain the impact of the same on the consolidated financial statements of the Group |
| Textual Information(26) | The Consolidated Financial results of the Group have been prepared by the Management and Board of Directors using the going concern assumption in view of the positive net-worth of the Group (refer Note 7 of the Consolidated Financial Results). The matters detailed in the above paragraphs may have a consequential implication on the Groups ability to continue as a going concern. We have expressed the same in the reports of two subsidiary and three step-subsidiaries. Further, the auditors of one subsidiary and two step-down subsidiary have also expressed material uncertainty over going concern in their reports. |
| Textual Information(27) | Not ascertainable since its a disclaimer of conclusion |
| Textual Information(28) | Not ascertainable |
| Textual Information(29) | The consolidated financial results for the quarter and year ended 31 March 2026 have been prepared on a going concern basis in view of the positive net worth of the Group amounting to Rs 3,156.30 crores as of 31 March 2026. |
| Textual Information(30) | The recoverability of the dues from related parties and ability of the subsidiaries to continue as a going concern have not been established with evidence by the Management and any shortfall in realization would affect the net worth of the Group and thereby affecting its ability to continue as a going concern. |
| Name of CEO / Managing director | Malavika Hegde |
|---|---|
| Name of CFO | R Ram Mohan |
| Name of audit committee chairman | K R Mohan |
| Name of statutory auditor | Hrishikesh D |
| Name of other signatory, if any, with designation | NA |
| Place | Bengaluru |
| Date | 27-05-2026 |