Announced Fri, 14 Nov · 14:18 IST

Pursuant to the Regulation 30 of Securities and Exchange Board of India (LODR) Regulations 2015, we are pleased to inform you that the Meeting of the Board of Directors of Emerald Leisures ....

Board & Shareholder Meetings View source PDF

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AI summary

The Board of Directors of Emerald Leisures Ltd met on 14 November 2025 and approved unaudited standalone and consolidated financial results for Q2 FY26 and half-year ended 30 September 2025. Q2 revenue stood at ₹301.04 lakhs, marginally lower than ₹363.39 lakhs in Q1 FY26, while H1 FY26 revenue was ₹664.43 lakhs. The company reported a Q2 net loss of ₹314.73 lakhs and H1 FY26 net loss of ₹566.83 lakhs, with EPS of ₹(3.78). Heavy finance costs of ₹354.55 lakhs in Q2 continue to drag the company deep into losses, and the company has a negative net worth of ₹(8,125.56) lakhs on a standalone basis. The Board also approved partial redemption of preference shares and constituted a Preferential Issue Committee for issue/allotment of convertible warrants into equity shares on a preferential basis.

Likely market impact

Shareholders should note the company remains loss-making with deeply negative net worth and high interest costs, which is a concern. The move to issue convertible warrants could lead to equity dilution, while preference share redemption may affect capital structure. Overall, weak fundamentals continue, and stock price reaction may be negative unless turnaround signals emerge.