Coffee Day Enterprises financials and balance sheet

NSE: COFFEEDAYBSE: 539436Leisure ServicesSmall Cap

₹28.50₹0.75 (2.56%)BSE ₹28.56

Share price at the NSE close on 23 Oct 2026. Previous close ₹29.25.

52-week range of traded prices to 23 Oct 2026

₹21.00Low, 30 Mar 2026₹43.85High, 24 Oct 2025

Next results date: the board meets on 6 Nov 2026 to consider: financial results.

Market cap: ₹602 Cr1,744th largest listed
P/E: 3.4
P/E without one-offs: Lossover the last 12 months
P/B: 0.2
Dividend yield: Nonein the last 12 months
ROE: 6.5%
ROE without one-offs: −1.0%
ROCE: 0.6%
Debt to equity: 0.18
Volume, NSE: 4,53,12458.0% delivered

10 years at a glance

Consolidated: the company and its subsidiaries together. ₹ crore, years to March.Coffee Day Enterprises annual reports

Revenue, net profit and borrowings, ₹ crore

Revenue
Net profit
Borrowings
Loss

Back to profit in the year to Mar 2026, ₹210 CrA loss in 6 of the 10 years shown

Operating and net margin, per cent

Operating margin
Net margin

From Apr 2019 leases sit on the balance sheet: rent is charged as depreciation and interest instead, so operating profit and total assets step up with nothing about the business having changed. Borrowings here leave lease liabilities out.

The years either side of a change of basis do not compare. From the year to Mar 2020, the company's revenue for that year, ₹2,552 Cr, differs from its quarters added, ₹2,635 Cr; the company reports a discontinued business.

Results for the year to Mar 2026

Consolidated: the company and its subsidiaries together. ₹ crore.

From revenue to net profit

Revenue1,116
Materials and goods−560
Employee costs−156
Other expenses−265
Operating profit136
Depreciation−129
Other income+39
One-off items+238
Finance costs−92
Profit before tax191
Tax+12
Joint ventures+7.8
Net profit210

What the company owns

Plant, investments and other assets₹4,415 Cr
Receivables₹59 Cr
Inventory₹37 Cr
Cash and bank₹26 Cr

What pays for it: net worth and liabilities

Net worth₹3,156 Cr
Other liabilities₹755 Cr
Borrowings₹579 Cr
Owed to suppliers₹48 Cr

Coffee Day Enterprises business segments, year to Mar 2026

A reportable segment is a line of business the company must report on its own. Consolidated, ₹ crore, as the company reports them.Coffee Day Enterprises segment results by quarter

Revenue by segment

₹1,117 CrTotal

Coffee and related business₹1,094 Cr98.0% of total
Hospitality services₹23 Cr2.0% of total
Others₹0 Cr0.0% of total

Profit by segment

Coffee and related business₹202 Cr48.0% of total
Hospitality services₹9 Cr2.3% of total
Others₹209 Cr49.7% of total

Segment results by year

Consolidated, ₹ crore, years to March.

Coffee and related business
Revenue, ₹ crore
2,043
1,509
401
496
869
966
1,035
1,094
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
335
85
0
63
157
241
153
202
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Hospitality services
Revenue, ₹ crore
32
33
27
38
49
50
46
23
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
4
6
9
12
18
31
75
9
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Others
Revenue, ₹ crore
50
9
1
0
0
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26
Profit, ₹ crore
−1
−309
−480
−5
209
Mar 19Mar 20Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26

₹ crore	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Revenue of all businesses	4,343	2,603	852	584	927	1,017	1,081	1,117
Company revenue, as in its results	4,264	2,552	853	582	924	1,013	1,078	1,116
Revenue	2,043	1,509	401	496	869	966	1,035	1,094
Revenue growth	–	–	−73.4%	23.8%	75.1%	11.1%	7.1%	5.7%
Profit	335	85	0	63	157	241	153	202
Profit growth	–	–	−99.7%	27,292.2%	149.5%	53.5%	−36.5%	31.9%
Margin	16.4%	5.6%	0.1%	12.7%	18.1%	25.0%	14.8%	18.5%
Revenue	32	33	27	38	49	50	46	23
Revenue growth	–	–	−17.8%	39.5%	30.0%	2.4%	−7.1%	−51.3%
Profit	4	6	9	12	18	31	75	9
Profit growth	–	–	51.1%	24.0%	54.3%	74.4%	142.4%	−87.4%
Margin	12.8%	18.9%	34.6%	30.8%	36.5%	62.2%	162.4%	41.9%
Revenue	–	–	–	50	9	1	0	0
Revenue growth	–	–	–	–	−81.4%	−86.2%	–	–
Profit	–	–	–	−1	−309	−480	−5	209
Margin	–	–	–	−2.9%	−3,319.1%	−37,397.4%	−4,358.3%	1,74,141.7%
Revenue	1,525	1,006	389	0	–	–	–	–
Revenue growth	–	−34.0%	−61.3%	−100.0%	–	–	–	–
Profit	173	−6	29	0	–	–	–	–
Profit growth	–	–	–	−100.0%	–	–	–	–
Margin	11.3%	−0.6%	7.4%	–	–	–	–	–
Revenue	59	56	35	–	–	–	–	–
Revenue growth	–	−5.8%	−37.3%	–	–	–	–	–
Profit	215	1,565	−175	–	–	–	–	–
Profit growth	–	626.6%	–	–	–	–	–	–
Margin	362.7%	2,799.2%	−499.1%	–	–	–	–	–
Revenue	527	–	–	–	–	–	–	–
Profit	34	–	–	–	–	–	–	–
Margin	6.4%	–	–	–	–	–	–	–
Revenue	156	–	–	–	–	–	–	–
Profit	200	–	–	–	–	–	–	–
Margin	128.4%	–	–	–	–	–	–	–

Profit is before tax and finance costs, the way companies report their segments.

Profit and loss

Consolidated, ₹ crore, years to March.Coffee Day Enterprises quarterly results

₹ crore	Mar 2017	Mar 2018	Mar 2019Filed 25 May	Mar 2020Filed 27 Nov	Mar 2021Filed 7 Jul	Mar 2022Filed 7 Jun	Mar 2023Filed 31 May	Mar 2024Filed 14 Jun	Mar 2025Filed 13 Jun	Mar 2026Filed 27 May
Revenue from operations	3,120	3,788	4,264	2,552	853	582	924	1,013	1,078	1,116
	2,576	3,169	3,691	2,930	979	582	1,170	846	945	980
Materials and goods bought	782	930	996	720	164	178	370	437	525	560
Employee costs	–	–	550	406	199	149	135	141	154	156
Other expenses	–	–	2,144	1,805	617	255	665	268	265	265
Operating profit before depreciation	544	619	574	−378	−126	−1	−247	167	133	136
Operating margin	17.4%	16.3%	13.5%	−14.8%	−14.8%	−0.1%	−26.7%	16.5%	12.4%	12.1%
Materials, % of revenue	–	–	23.4%	28.2%	19.2%	30.6%	40.1%	43.1%	48.7%	50.2%
Employee costs, % of revenue	–	–	12.9%	15.9%	23.4%	25.7%	14.6%	13.9%	14.3%	14.0%
Other expenses, % of revenue	–	–	50.3%	70.7%	72.3%	43.8%	71.9%	26.5%	24.6%	23.7%
Depreciation and amortisation	227	260	292	430	400	148	161	131	125	129
Operating profit after depreciation	317	359	282	−808	−527	−148	−408	36	8	6
Other income	64	63	202	101	128	76	105	105	48	39
Finance costs	317	349	456	519	261	53	87	30	110	92
Profit before one-off items and tax	63	73	28	−1,227	−659	−125	−390	111	−54	−48
One-off items	0	153	98	0	−136	0	3	−479	48	238
Profit before tax	63	225	126	−1,227	−795	−125	−386	−368	−6	191
	55	77	66	22	−168	0	5	−62	131	−12
Current tax	–	–	66	22	−168	0	5	2	−1	0
Deferred tax	–	–	0	0	0	0	0	−64	132	−12
Share of profit of joint ventures and associates	74	–	87	−14	−2	−3	4	−1	−6	8
Profit from discontinued businesses	–	–	–	1,169	−22	–	–	–	–	–
	82	148	147	−93	−652	−128	−387	−307	−143	210
Belonging to the company's shareholders	–	–	128	−58	−584	−118	−380	−322	−58	203
Belonging to outside owners of subsidiaries	–	–	20	−35	−68	−10	−7	15	–	7
Other comprehensive income	–	–	1	1	−31	9	−7	1	3	4
Total comprehensive income	–	–	149	−93	−683	−119	−394	−306	−140	215
Net margin	2.6%	3.9%	3.5%	–	−76.4%	−22.0%	−41.9%	−30.3%	−13.3%	18.8%
Net margin without joint ventures and associates	0.3%	–	1.4%	–	−76.1%	−21.5%	−42.4%	−30.2%	−12.7%	18.1%

Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the years to Mar 2017 and Mar 2018 they do not, so they are left blank. Belonging to the company's shareholders is left blank for the years to Mar 2017 and Mar 2018: the filing's earnings per share does not match the profit it states, and cannot be multiplied back into the owners' profit because the share it leaves the other owners is more than 10 points from the share the company's other periods state. Net margin is left blank for the year to Mar 2020: the profit includes the result of a business the company has discontinued, which the revenue does not, so the two make no margin.

Balance sheet

Consolidated, ₹ crore, at 31 March.

₹ crore	Mar 2019Filed 25 May	Mar 2020Filed 27 Nov	Mar 2021Filed 7 Jul	Mar 2022Filed 7 Jun	Mar 2023Filed 31 May	Mar 2024Filed 14 Jun	Mar 2025Filed 13 Jun	Mar 2026Filed 27 May
	3,166	4,938	3,896	3,775	3,376	3,129	2,946	3,156
	2,529	4,304	3,716	3,605	3,218	2,857	2,590	2,794
Share capital	211	211	211	211	211	211	211	211
Reserves	2,318	4,092	3,505	3,393	3,007	2,645	2,379	2,583
Belonging to outside owners of subsidiaries	637	634	180	170	158	273	355	362
	6,547	2,059	751	1,694	1,842	1,363	1,373	579
Repayable after a year	2,658	1,235	235	193	329	268	398	205
Repayable within a year	3,890	824	516	1,501	1,513	1,095	975	374
	5,251	2,672	2,156	2,062	2,112	1,687	1,575	969
Trade payables	142	367	149	116	91	66	64	48
Other financial liabilities	1,106	1,365	1,379	260	343	345	348	355
Other liabilities	53	26	18	80	25	32	25	18
Provisions	5	8	6	4	31	28	20	18
Tax owed	55	81	89	102	110	121	142	156
	2,842	1,919	536	457	343	279	409	412
Other financial liabilities	111	666	289	85	–	–	–	190
Other liabilities	34	0	0	167	–	–	–	–
Provisions	18	9	4	5	7	10	11	15
Deferred tax	20	9	9	7	7	1	1	2
Liabilities going with businesses held for sale	–	–	22	9	21	8	8	–
	11,259	9,528	6,610	6,303	5,853	5,104	4,939	4,538
Held for sale or for a demerger	687	78	16	13	110	6	6	–
	5,970	5,261	2,616	2,370	2,190	1,428	1,277	1,121
Plant in use, after depreciation	2,034	2,340	932	774	616	535	488	347
Plant being built	1,063	1,287	7	2	7	7	7	6
Intangible assets	40	22	4	1	0	0	0	1
Goodwill	509	375	368	368	361	1	1	1
Intangible assets being developed	3	0	24	14	–	–	–	0
Property held to earn rent	969	85	84	63	55	16	26	25
Investments	9	451	436	415	405	10	14	20
Stakes in joint ventures and associates	55	42	0	0	35	34	66	74
Loans given	114	85	44	0	0	0	0	0
Other financial assets	51	4	1	46	35	83	71	35
Deferred tax	77	241	385	382	373	430	298	308
Other assets	1,045	330	332	305	303	312	305	304
	4,603	4,189	3,978	3,919	3,552	3,670	3,656	3,417
Inventories	112	76	16	19	31	33	37	37
Trade receivables	571	287	55	35	57	56	62	59
Cash and cash equivalents	2,127	93	25	30	71	35	47	26
Other bank balances	239	7	21	23	1	189	197	1
Current investments	112	0	0	0	0	0	0	0
Loans given	919	2,321	2,655	2,651	2,305	2,291	2,291	2,291
Other financial assets	123	1,167	1,116	1,059	1,045	1,025	1,008	993
Tax paid in advance	78	94	19	44	31	32	4	3
Other assets	320	144	71	58	11	8	11	8
Net debt	4,068	1,960	704	1,641	1,771	1,138	1,130	552

Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Cash flow

Consolidated, ₹ crore, years to March.

₹ crore	Mar 2021Filed 7 Jul	Mar 2022Filed 7 Jun	Mar 2023Filed 31 May	Mar 2024Filed 14 Jun	Mar 2025Filed 13 Jun	Mar 2026Filed 27 May
	67	108	172	189	196	172
	67	111	165	194	173	166
	31	69	−24	16	1	3
Receivables	19	−4	−30	1	−7	2
Inventories	44	−3	−12	−2	−4	0
Payables	−24	−33	−16	−24	−1	−17
Other working capital	−8	109	34	42	14	18
Tax paid	0	−3	7	−5	41	0
Interest paid	0	0	0	0	0	6
Capital spending	8	0	0	0	33	26
Free cash flow	59	108	172	189	162	146
	65	46	109	298	−16	216
Plant and property sold	0	0	25	136	0	0
Interest received	8	3	2	3	18	14
	−226	−195	−63	−272	−166	−409
Borrowings repaid	−47	−56	−27	−481	−23	−282
Interest paid	−89	−44	−55	−6	−60	−45
Lease payments	−90	−94	−99	−71	−83	−81
Dividends paid	0	0	0	0	0	0
Shares bought back	0	0	0	0	0	0
Shares issued	0	0	0	0	0	0
Net change in cash	−94	−41	218	215	15	−21

Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Consolidated, ₹ per share, years to March.

₹ per share	Mar 2017	Mar 2018	Mar 2019Filed 25 May	Mar 2020Filed 27 Nov	Mar 2021Filed 7 Jul	Mar 2022Filed 7 Jun	Mar 2023Filed 31 May	Mar 2024Filed 14 Jun	Mar 2025Filed 13 Jun	Mar 2026Filed 27 May
Earnings per share	₹4.19	₹5.03	–	–	−₹27.64	−₹5.71	−₹17.98	−₹15.27	−₹2.75	₹9.61
Diluted earnings per share	₹4.19	₹5.03	–	–	−₹27.64	−₹5.71	−₹17.98	−₹15.27	−₹2.75	₹9.61
Book value per share	–	–	₹119.72	₹203.72	₹175.91	₹170.63	₹152.32	₹135.22	₹122.62	₹132.26
Shareholder yield	–	–	–	–	–	0.0%	0.0%	0.0%	0.0%	0.0%
Market cap at the year end (₹ crore)	4,787	6,440	6,113	496	–	1,153	603	1,049	598	446

Earnings per share is left blank for the year to Mar 2019: the earnings per share stated does not match any profit the filing states over the shares in issue, and the share count barely moved during the period. Earnings per share is left blank for the year to Mar 2020: the earnings per share stated has the opposite sign to the profit stated beside it, so it is not shown.

Ratios

Consolidated, years to March.Coffee Day Enterprises PE ratio and valuation

Ratio	Mar 2017	Mar 2018	Mar 2019Filed 25 May	Mar 2020Filed 27 Nov	Mar 2021Filed 7 Jul	Mar 2022Filed 7 Jun	Mar 2023Filed 31 May	Mar 2024Filed 14 Jun	Mar 2025Filed 13 Jun	Mar 2026Filed 27 May
Revenue growth	10.0%	21.4%	12.6%	–	−66.6%	−31.9%	58.9%	9.7%	6.4%	3.5%
Operating profit growth	11.3%	13.8%	−7.3%	–	–	–	–	–	−20.2%	1.6%
Net profit growth	–	81.8%	−0.7%	–	–	–	–	–	–	–
Earnings per share growth	–	20.0%	–	–	–	–	–	–	–	–
	–	–	5.0%	−1.7%	−14.6%	−3.2%	−11.1%	−10.6%	−2.1%	7.5%
	–	–	–	−6.8 pts	−12.9 pts	11.3 pts	−7.9 pts	0.5 pts	8.5 pts	9.7 pts
From the net margin	–	–	–	–	–	10.3 pts	−3.3 pts	2.5 pts	8.8 pts	9.3 pts
From asset turnover	–	–	–	–	–	0.6 pts	−4.5 pts	−1.9 pts	−0.3 pts	0.7 pts
From borrowing	–	–	–	–	–	0.5 pts	−0.1 pts	−0.1 pts	0.0 pts	−0.4 pts
Return on capital employed	–	–	2.9%	−11.5%	−11.3%	−2.7%	−7.8%	0.8%	0.2%	0.2%
Cash conversion	–	–	–	–	–	–	–	–	–	81.7%
Interest cover	1.0	1.0	0.6	–	–	–	–	1.2	0.1	0.1
Debt to equity	–	–	2.07	0.42	0.19	0.45	0.55	0.44	0.47	0.18
Receivable days	–	–	49	41	24	22	23	20	21	19
Inventory days	–	–	41	38	35	39	30	28	26	24
Payable days	–	–	52	186	332	238	89	55	45	31
Cash conversion cycle, days	–	–	38	−107	−274	−178	−36	−8	2	13
Working capital days	–	–	65	320	980	2,074	1,139	1,028	953	914
Asset turnover	–	–	0.38	0.25	0.11	0.09	0.15	0.19	0.21	0.24
Assets per rupee of net worth	–	–	4.45	3.04	2.01	1.76	1.78	1.80	1.84	1.76
Sales per rupee of plant	–	–	2.10	1.09	0.92	0.75	1.50	1.89	2.21	3.22
Capital spending to depreciation	–	–	–	–	0.02	0.00	0.00	0.00	0.27	0.20
Plant being built, % of plant in use	–	–	52.2%	55.0%	0.8%	0.3%	1.2%	1.3%	1.5%	1.6%

Interest cover is left blank for the years to Mar 2020, Mar 2021, Mar 2022 and Mar 2023: operating profit after depreciation is a loss, and a loss covers no interest bill. From the net margin, from asset turnover and from borrowing are left blank for the years to Mar 2020 and Mar 2021: the profit of this year or the year before includes a business the company has discontinued while its revenue does not, so the change in return on equity is not split into margin, turnover and borrowing. Revenue growth is left blank for the year to Mar 2020: between the two periods the company restated its earlier figures and the company began reporting a business as discontinued, so the two are on different bases and the change is not worked out. No balance sheet is on record for the years to Mar 2017 and Mar 2018, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Consolidated: the company and its subsidiaries together. Each window ends with the year to Mar 2026.

Return on assets, latest year: 4.3%
Cash from operations against operating profit: 126.7%

Measure	10 years	5 years	3 years
Revenue growth, yearly rate	−8.9%	5.5%	6.5%
Return on equity, average	–	−3.9%	−1.7%
Return on capital employed, average	–	−1.9%	0.4%
Operating margin, average	3.2%	2.8%	13.7%
Net margin, average	−17.2%	−17.7%	−8.3%
Asset turnover, average	–	0.18	0.21
Cash conversion cycle, days, average	–	−41	2
Interest cover, average	–	–	0.4
Debt to equity, average	–	0.42	0.36

Where the cash came from and went

Consolidated: the company and its subsidiaries together. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore	5 years	3 years	Latest year
Cash from operations	836	556	172
Cash from investing	654	498	216
Cash from financing	−1,103	−846	−409
Capital spending	59	59	26
Dividends paid	0	0	0
Shares bought back	0	0	0
Shares issued for cash	0	0	0
Borrowings raised	0	0	0
Borrowings repaid	869	786	282

Accounting checks

Consolidated, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

Check	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Piotroski score, out of 9Published threshold 3 points out of 9	–	–	–	–	6	6	4	7	6	7
Altman Z-scorePublished threshold 1.1	–	–	1.05	3.07	4.50	5.18	4.38	5.46	6.03	8.21
Beneish M-scorePublished threshold −1.78	–	–	–	–	−4.17	−2.89	−2.34	−2.87	−2.68	−2.33
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets	–	–	–	–	−9.72	−4.37	−11.00	−14.50	−6.44	−3.74
Receivables growth less revenue growthOur threshold 0 percentage points	–	–	–	−9.54	−14.28	−4.64	5.02	−12.24	4.53	−7.38
Inventory growth less cost-of-goods growthOur threshold 0 percentage points	–	–	–	−5.01	−2.10	12.68	−45.31	−10.62	−7.04	−6.99
Other current assets growth less revenue growthOur threshold 5 per cent of revenue	–	–	–	34.62	−23.39	−7.59	−8.00	−2.21	−3.98	−1.74
Assets under construction, years of additionsOur threshold 2 years of additions	–	–	–	1.75	–	–	1.89	0.14	0.09	–
Effective tax ratePublished threshold 17.16 per cent	87.46	34.12	52.18	–	–	–	–	–	–	−6.06
Tax charged less tax paid, % of profitOur threshold 10 percentage points	–	–	–	–	–	–	–	–	–	−6.06

A threshold marked as ours has no published figure; it is the line we read the check against.

Credit ratings

An agency's view of the chance the company repays a borrowing on time, from AAA, the highest, down to D, in default.

Date	Agency	Borrowing rated	Rating	Outlook	Amount, ₹ Cr
20 Oct 2025	ICRA Limited (opens in a new tab)	Fund Based-Term Loan	[ICRA]D ISSUER NOT COOPERATINGReview, Other		315

The latest rating on each borrowing. The agency's name opens its reasoning for the rating.