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BSEKDJ Holidayscapes and Resorts LtdHighNeutral
Announced Thu, 5 Feb, 2026 · 17:23 IST

The Un-Audited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2025 has been attached herewith.

Going ConcernPat NegativeExceptional ItemResults View source PDFExplain this filing
Price reaction

Awaiting price reaction for this filing.

AI summary

KDJ Holidayscapes and Resorts reported a standalone net loss of ₹2.68 lakhs in Q3 FY26 and ₹25.91 lakhs for 9M FY26 (EPS: -₹5.18). On a consolidated basis, losses were sharper at ₹10.08 lakhs for Q3 and ₹48.11 lakhs for 9M FY26 (EPS: -₹9.62). Revenue from operations was effectively nil, with only ₹1.37 lakhs of other income. The company recently emerged from NCLT-supervised CIRP — a Resolution Plan was approved on March 4, 2025, and management was handed over to a new Resolution Applicant. The statutory auditor issued a Disclaimer of Opinion on both standalone and consolidated results, citing inability to verify pre-resolution transactions. Existing public shareholders were cancelled and re-issued at a 1:998 ratio, drastically shrinking the share base.

Likely market impact

Persistent losses, deeply negative consolidated other equity of ₹(1,339.18) lakhs, and a disclaimer of opinion point to serious going-concern risk. Original shareholders were largely wiped out by the 1:998 share restructuring, so the stock now represents a high-risk turnaround play where returns depend entirely on the new management reviving operations.