Coffee Day Enterprises Q2 FY27 results: net profit ₹35.91 crore vs ₹7.60 crore, revenue down 45.7%

How did Coffee Day Enterprises perform in Q2 FY27?

Coffee Day Enterprises reported consolidated revenue of ₹298.18 crore for Q2 FY27, down from ₹548.85 crore in Q2 FY26 and up from ₹289.90 crore in Q1 FY27. Total income was ₹308.73 crore, against ₹557.86 crore a year earlier and ₹293.20 crore in the previous quarter. EBITDA was ₹33.88 crore, with an EBITDA margin of 11.4%, compared with ₹63.92 crore and 11.6% in Q2 FY26 and ₹47.40 crore and 16.4% in Q1 FY27.

Profit before tax was ₹44.51 crore, against ₹5.13 crore in Q2 FY26 and ₹3.29 crore in Q1 FY27. After tax of ₹8.15 crore, net profit was ₹35.91 crore, compared with ₹7.60 crore in the year-ago quarter and ₹4.52 crore in the previous quarter. Profit attributable to owners was ₹35.08 crore, against ₹15.72 crore in Q2 FY26 and ₹0.84 crore in Q1 FY27; basic EPS was ₹1.66, against ₹0.74 and ₹0.04, respectively.

On a standalone basis, revenue was ₹5.29 crore and net profit was ₹4.59 crore. The company’s filed financial highlights also reported Q2 FY27 revenue of ₹298 crore, EBITDA including one-time gains of ₹91 crore and net profit of ₹35 crore.

What changed in Coffee Day Enterprises' costs and profit?

Against Q2 FY26, total expenses fell by ₹276.05 crore to ₹311.66 crore. Cost of materials fell by ₹134.87 crore to ₹144.42 crore, employee cost fell by ₹30.65 crore to ₹46.18 crore, finance costs fell by ₹27.73 crore to ₹18.60 crore, depreciation fell by ₹27.69 crore to ₹28.76 crore and other expenses fell by ₹55.11 crore to ₹73.70 crore. Other income rose by ₹1.54 crore to ₹10.55 crore.

The quarter included an exceptional gain of ₹47.44 crore, against an exceptional gain of ₹34.98 crore in Q2 FY26. The filing attributed one-time gains in the quarter to ₹5.78 crore on loan settlement and ₹41.66 crore on sale of land by a subsidiary. Profit before tax rose by ₹39.38 crore to ₹44.51 crore, while the tax charge was ₹8.15 crore, compared with a tax credit of ₹0.01 crore in the year-ago quarter.

Against Q1 FY27, total expenses rose by ₹21.75 crore, other income rose by ₹7.25 crore and an exceptional gain of ₹47.44 crore was reported, where the previous quarter had no exceptional item. These changes accompanied a rise in profit before tax from ₹3.29 crore to ₹44.51 crore and in net profit from ₹4.52 crore to ₹35.91 crore.

What do the balance sheet and cash flow show?

At 30 September 2026, total assets were ₹4,529.94 crore, compared with ₹4,537.73 crore at 31 March 2026, while total equity rose to ₹3,196.90 crore from ₹3,156.30 crore. Borrowings were ₹766.08 crore, against ₹578.73 crore, and cash was ₹24.51 crore, against ₹25.60 crore. Inventories increased to ₹44.98 crore from ₹37.24 crore, trade receivables to ₹62.66 crore from ₹59.47 crore, and trade payables fell to ₹39.75 crore from ₹47.83 crore.

For H1 FY27, operating cash flow was ₹73.37 crore, compared with ₹74.89 crore in H1 FY26. Investing cash flow was ₹5.09 crore, against ₹190.28 crore, and financing cash flow was negative ₹79.55 crore, against negative ₹248.98 crore. Capital expenditure was ₹21.87 crore in H1 FY27, compared with ₹16.30 crore in H1 FY26.

How has Coffee Day Enterprises done over the last 8 quarters?

Revenue reached its highest level in the listed series at ₹548.85 crore in Q2 FY26 and its lowest at ₹268.03 crore in Q4 FY25. It was ₹298.18 crore in Q2 FY27, above ₹289.90 crore in Q1 FY27 but below the year-ago quarter. The filing’s financial highlights reported year-on-year revenue growth of 6% on its presentation basis.

Net profit bottomed at a loss of ₹114.16 crore in Q4 FY25 and peaked at ₹132.07 crore in Q4 FY26. It was ₹35.91 crore in Q2 FY27, above ₹4.52 crore in Q1 FY27 but below the peak. The EBITDA margin reached 18.1% in Q4 FY26 and fell to 11.4% in Q2 FY27 from 16.4% in Q1 FY27.

Which businesses drove the quarter?

In the coffee and related business, revenue was ₹292.48 crore, down 45.6% from ₹537.56 crore in Q2 FY26, while EBIT was ₹40.90 crore, against ₹72.91 crore. The reported EBIT margin was 14.0%.

Hospitality services reported revenue of ₹6.05 crore, down 47.9% from ₹11.61 crore, and EBIT of ₹1.95 crore, against ₹3.70 crore. The reported EBIT margin was 32.2%. The OTHERS segment reported revenue of ₹0.03 crore, down 50.0% from ₹0.06 crore, and EBIT of ₹48.58 crore, against ₹33.76 crore.

What else did the company announce?

The board approved the standalone and consolidated unaudited financial results for the quarter and half year ended 30 September 2026, together with the results of material subsidiary Coffee Day Global Limited. The same-day financial highlights reported an H1 FY27 one-time gain of ₹5.78 crore on loan settlement and ₹41.66 crore on sale of land by a subsidiary.

In another filing on 6 November 2026, the company said the Securities Appellate Tribunal had set aside SEBI’s order imposing a penalty of ₹26 crore. The company said it was evaluating the appropriate course of action; the appeal was disposed of with no costs. No dividend, fund raise or appointment was stated in the provided same-day filings.

What did the auditors point out?

The independent auditor, Venkatesh & Co., said it could not obtain sufficient appropriate evidence to provide a basis for conclusion on the standalone results and therefore expressed no conclusion. It cited insufficient evidence on recoverability of group-company dues of ₹1,400.12 crore, debt covenant non-compliance and repayment defaults, and the absence of a balance confirmation for loans from one lender of ₹47.88 crore.

The auditor said management and the board had prepared the standalone results using the going-concern assumption, and the matters above could affect the company’s ability to continue as a going concern. It therefore could not comment on whether that basis was appropriate. For the consolidated results, it similarly said the going-concern assumption was used in view of the group’s positive net worth of ₹3,197 crore and noted covenant breaches and defaults; the auditors of one subsidiary and two step-down subsidiaries also reported material uncertainty over going concern.

The consolidated review also noted doubts over recoverability of capital advances of ₹275 crore and the absence of a provision for the ₹3,357.13 crore due from MACEL. The auditors said they could not comment on the correctness of amounts payable to lenders or their consequential impact and potential tax liabilities.

How did Coffee Day Enterprises shares react?

The filing appeared during market hours. From the price when the filing was published, Coffee Day Enterprises shares rose 5.3% after 5 minutes, 5.4% after 15 minutes and 3.8% after 30 minutes. The reaction-day, one-day and five-day moves, along with the Nifty Microcap 250 comparison, were not available.

Past results-day moves were mixed. The stock fell 5.5% on 6 August 2026 and rose 19.9% on 27 May 2026, followed by gains of 5.1% on 12 February 2026 and 5.2% on 14 November 2025; its earlier reactions included falls of 0.7% and 4.6%.