BSEKDJ Holidayscapes and Resorts LtdHighNeutral
Announced Thu, 5 Feb · 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 PDF
Price reaction · full curve

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.