Key Financial Performance (Consolidated)

Quarter Ended 30 September 2026 (Q2 FY27):

  • Revenue from Operations: ₹298.18 crores (up 6% YoY from ₹279.53 crores in Q2 FY26)
  • Total Income: ₹308.72 crores
  • EBITDA (without one-time): ₹44 crores (up 26% YoY)
  • EBITDA (with one-time gains): ₹91 crores (up 160% YoY)
  • Net Profit Attributable to Owners: ₹35.08 crores (vs net loss of ₹12.46 crores in Q2 FY26)
  • Basic EPS: ₹1.66

Half Year Ended 30 September 2026 (H1 FY27):

  • Revenue from Operations: ₹588.08 crores (up 7% YoY from ₹548.85 crores in H1 FY26)
  • Total Income: ₹601.93 crores
  • EBITDA (without one-time): ₹96 crores (up 26% YoY)
  • EBITDA (with one-time gains): ₹143 crores (up 30% YoY)
  • Net Profit Attributable to Owners: ₹35.92 crores (up 125% YoY from ₹15.72 crores in H1 FY26)
  • Basic EPS: ₹1.70

Exceptional Items

Q2 FY27 and H1 FY27 results include exceptional gains of ₹47.44 crores comprising:

  • One-time gain of ₹5.78 crores on loan settlement with Kemfin Service Private Limited
  • One-time gain of ₹41.66 crores on sale of land by subsidiary Tanglin Developments Limited

Standalone Financial Performance

Quarter Ended 30 September 2026:

  • Total Income: ₹57.78 crores
  • Profit before tax: ₹45.95 crores (includes exceptional gain of ₹57.83 crores)
  • Profit for the period: ₹45.95 crores
  • Basic EPS: ₹0.22

Half Year Ended 30 September 2026:

  • Total Income: ₹115.46 crores
  • Profit before tax: ₹115.93 crores (includes exceptional gain of ₹147.63 crores)
  • Profit for the period: ₹115.93 crores
  • Basic EPS: ₹0.55

Auditor's Disclaimer of Conclusion

The auditors issued a disclaimer of conclusion on both standalone and consolidated results due to:

1. Inability to obtain sufficient evidence regarding recoverability of ₹1,400.12 crores due from group companies (as stated in Note 5 of standalone results)

2. Instances of non-compliance with debt covenants and absence of balance confirmations for loans amounting to ₹47.88 crores from one lender

3. Uncertainty regarding the appropriateness of the going concern assumption due to the above matters

4. For consolidated results, additional concerns about recoverability of ₹3,357.13 crores due from Mysore Amalgamated Coffee Estates Limited (MACEL)

5. Uncertainty regarding a financial guarantee of ₹41.67 crores given to erstwhile subsidiary SICAL

6. Impact of corporate restructuring process on foreign currency loan conversion

Significant Events and Settlements

Loan Settlements:

  • On 30 September 2026: Settled dues with Kemfin Service Private Limited for ₹25 crores, resulting in gain of ₹5.78 crores (₹57.83 million)
  • On 4 February 2026: Fully settled Axis Bank loan of ₹70 crores (paid ₹35 crores on 29 December 2025 and ₹35 crores on 4 February 2026), recognizing gain of ₹35.43 crores in FY26
  • Previously settled with Credit Opportunities India Pte Ltd and India Special Situations Scheme-I with third tranche of ₹50 crores payable on 30 June 2028 subject to share price/EBITDA milestones

SEBI Matter:

  • SEBI order dated 24 January 2023 imposed penalty of ₹26 crores (₹25 crores under Section 15HA + ₹1 crore under Section 15HB) for violations related to advances to MACEL by subsidiaries
  • Company appealed to Securities Appellate Tribunal (SAT) which granted stay on penalty imposition
  • SAT vide order dated 5 November 2026 set aside the SEBI order
  • Company appointed Crest Law on 3 April 2023 for recovery of dues from MACEL
  • Arbitration proceedings initiated against MACEL with claim statement filed
  • Amount due from MACEL to subsidiaries and joint venture: ₹3,357.13 crores as of 30 September 2026
  • No provision made in books for recoverability

Other Significant Matters:

  • Subsidiary Tanglin Developments Limited has capital advance of ₹275 crores for land purchase in Mumbai where the land was acquired by CIDCO for Navi Mumbai International Airport
  • Matter under legal dispute for monetary compensation instead of alternate land
  • Subsidiary Coffee Day Trading Limited has outstanding income tax demands of ₹72.70 crores (FY 2018-19) and ₹79.87 crores (FY 2019-20) including interest up to 30 September 2026
  • CDGL's foreign subsidiaries (AN Coffee Day, Coffee Day Gastronomie, Coffee Day Czech Republic) have been liquidated and deconsolidated
  • Impact of New Labour Codes effective 21 November 2025 resulted in one-time provision increase of ₹13.70 crores for employee benefits

Segment Information

Coffee and Related Business:

  • Q2 FY27 Revenue: ₹292.48 crores
  • Q2 FY27 EBITDA: ₹40.90 crores
  • H1 FY27 Revenue: ₹576.55 crores
  • H1 FY27 EBITDA: ₹92.09 crores

Hospitality Services:

  • Q2 FY27 Revenue: ₹6.05 crores
  • Q2 FY27 EBITDA: ₹1.95 crores
  • H1 FY27 Revenue: ₹12.04 crores
  • H1 FY27 EBITDA: ₹4.06 crores

Subsidiaries and Associates Included

The consolidated results include subsidiaries: Coffee Day Global Limited, Tanglin Developments Limited, Coffee Day Hotels and Resorts Private Limited, Coffee Day Trading Limited, Coffee Day Kabini Resorts Limited, and their step-down subsidiaries.

Associates included: Magnasoft Consulting India Private Limited, Barefoot Resorts and Leisure India Private Limited.

Joint ventures included: Coffee Day Schaerer Technologies Private Limited, Coffee Day Consultancy Services Private Limited, Coffee Day Econ Private Limited.