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PENINLAND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Peninsula Land Ltd reported a net loss of Rs 15,368 Lakhs for FY 2025-26, compared to a loss of Rs 2,527 Lakhs in the previous year. Revenue from operations declined significantly to Rs 14,125 Lakhs from Rs 24,165 Lakhs (approx 41% decline). The substantial loss was driven primarily by exceptional items of Rs 14,025 Lakhs, largely due to full provision for Rs 10,200 Lakhs exposure in a joint venture (HIPDPL) which is under Corporate Insolvency Resolution Process (CIRP). The company also redeployed Rs 15,000 Lakhs of optionally convertible debentures and saw a reduction in total assets from Rs 91,895 Lakhs to Rs 62,783 Lakhs.
The stock faces significant pressure due to multi-fold increase in losses, steep revenue decline, and provisioning for JV exposure. The clean audit opinion provides some comfort, but the financial distress in the joint venture and asset erosion remain key concerns for investors.