Coffee Day Enterprises

Coffee Day Enterprises Ltd (CDEL) has reported a total default of Rs 436.06 crore for the quarter ending on March 31, 2023. Its "total financial indebtedness of listed entity including short term and long term debt" is Rs 461.06 crore, the company stated in an exchange filing. According to CDEL, its total outstanding amount is Rs 220.65 crore from loans or revolving facilities like cash credit from banks or financial institutions. Of this, CDEL defaulted on Rs 189.87 crore as well as an interest payment of Rs 5.78 crore as of date. The company's total outstanding from unlisted debt securities such as NCDs and NCRPS is Rs 240.41 crore. Of this, the total amount of default as of date is Rs 200 crore along with interest of Rs 40.41 crore, CDEL said. The company is pairing its debts through asset resolutions and has significantly scaled it down from the time when the trouble started after the death of founder Chairman V G Siddhartha in July 2019. In March 2020, CDEL announced repayin

The company was directed to pay the fine within 45 days, according to an order passed by the Securities and Exchange Board of India

Coffee Day Enterprises Ltd has reported a total default of Rs 465.66 crore on payments of interest and repayment of principal amount on loans from banks, financial institutions and Unlisted Debt Securities as NCDs and NCRPS, for the quarter ended September 30, 2022. Coffee Day Enterprises Ltd (CDEL) which is paring its debts through asset resolution, has a total debt of Rs 490.66 crore, including short-term and long-term debt. "The delay in debt servicing is due to liquidity crisis," said Coffee Day Enterprises Ltd (CDEL) in a regulatory update. CDEL has reported a default of Rs 215.11 crore on the payment of the principal amount on loans or revolving facilities like cash credit from banks or financial institutions as on September 30, 2022. Besides, it has also defaulted on payment of interest of Rs 5.78 crore on the above, informed CDEL. While for unlisted debt securities such as NCDs (Non-Convertible Debentures) and NCRPS (Non-Convertible Redeemable Preference Shares), the ...

The debt level of Coffee Day Enterprises has been reduced "significantly" to Rs 1,810 crore as on March 31, the company said in its latest annual report. However, there have been certain defaults in repayments of principal and interest of the loans and certain lenders have exercised their rights including recalling the loans, Coffee Day Enterprises Ltd (CDEL) said. "The debt levels have reduced significantly from Rs 7,214 crore as on March 31, 2019 to Rs 1,898 crore as at the end of March 31, 2021 and to Rs 1,810 crore as at the end on March 31, 2022," CDEL added. Following a circular from market regulator SEBI, CDEL on April 6, 2022, had made a disclosure of defaults on payments of interest and repayment of principal amount on loans from banks, financial institutions and unlisted debt securities for the March quarter. "As per the disclosure, the company has defaulted in payment of interest and principal amounting to Rs 230.66 crore on loans/cash credits from banks/financial ...

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Coffee Day Enterprises Ltd has reported a consolidated net profit of Rs 58.67 crore for the fourth quarter ended March 2022

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Coffee Day Enterprises Ltd (CDEL) said it has reduced debt "significantly" and the management is putting its best efforts to get back the company on track

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According to an exchange filing, for the March quarter, CDEL's outstanding debt was Rs 280 crore

The company had posted a net loss of Rs 184.94 crore in the October-December period a year ago, Coffee Day Enterprises Ltd (CDEL) said in a BSE filing

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While her appointment came as no surprise, she will have to rebuild a struggling enterprise that has been selling its non-core assets to prune its debts

Daughter of former Karnataka chief minister SM Krishna, she was earlier non-exec director at the firm; has been named at a time when the company's growth continues to decline

Bengaluru-based Cafe Coffee Day runs hundreds of coffee shops across India that brew cappuccinos and lattes for India's booming moneyed class.

Enterprise value of the business being pegged at Rs 65 crore

Located in Karnataka, plantations employ 3,000 people & export 20,000 tonnes of coffee annually