Emerald Leisures Limited has filed its quarterly compliance certificate with BSE Limited, confirming adherence to SEBI Depositories Regulations for the quarter ended March 31, 2026. The certificate, submitted on April 6, 2026, by Company Secretary Kapil M Purohit, demonstrates the company's commitment to regulatory compliance.

Quarterly Dematerialisation Summary

The company's registrar, Purva Sharegistry (India) Pvt. Ltd., processed a total of 11 dematerialisation transactions during the quarter, covering 4,180 shares. These transactions were spread across January through March 2026, with all activities completed within the prescribed regulatory timelines.

Monthly Transaction Breakdown

The dematerialisation activities showed consistent processing throughout the quarter. January 2026 recorded 6 transactions totaling 310 shares, while February saw 1 transaction of 30 shares. March concluded the quarter with 4 transactions, including the largest single dematerialisation of 3,710 shares by Pradipkumar Babulal Shah.

Notable Transactions

• Largest Transaction: Pradipkumar Babulal Shah dematerialised 3,710 shares on March 27, 2026
• Certificate Range: Transactions covered certificate numbers from 0100401 to 0103794
• Share Range: Individual transactions varied from 10 to 3,710 shares

Regulatory Compliance Confirmation

Purva Sharegistry confirmed that all security certificates received for dematerialisation were properly verified, mutilated, and cancelled as per regulatory requirements. The registrar also confirmed that depositories' names were substituted in the register of members within prescribed timelines, ensuring complete compliance with SEBI Depositories and Participants Regulations, 2018.

The submission reflects Emerald Leisures Limited's systematic approach to maintaining transparency and regulatory compliance in its share transfer and dematerialisation processes.

Emerald Leisures Limited announced its unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025. The Board of Directors approved these results at their meeting held on February 14, 2026, at the company's registered office in Mumbai.

Financial Performance Overview

The company reported mixed results for Q3FY26, with revenue growth but continued losses. Standalone revenue from operations increased to ₹469.51 lakhs in Q3FY26 from ₹434.44 lakhs in Q3FY25, representing an 8.07% year-on-year growth.

Nine Months Performance

For the nine months ended December 31, 2025, the company showed improvement in both revenue and loss reduction compared to the corresponding period in the previous year.

Expense Analysis

The company's major expense components for Q3FY26 included finance costs of ₹360.34 lakhs, employee benefits expense of ₹69.08 lakhs, and other expenses of ₹128.24 lakhs. Total expenses for the quarter amounted to ₹698.63 lakhs compared to ₹688.93 lakhs in Q3FY25.

Segment Performance

According to the segmental reporting, the company operates in two segments: Hospitality and Real Estate. For the current reporting period, the entire revenue of ₹469.51 lakhs was attributable to the Hospitality segment. The segment result for Hospitality was ₹141.70 lakhs for Q3FY26.

Right Issue Proceeds Utilization

The company had raised ₹1,251.55 lakhs through a right issue in FY2025, issuing 1,00,12,400 equity shares at ₹12.50 each. The net proceeds of ₹1,214.63 lakhs were fully utilized for repayment of inter-corporate deposits (₹800.00 lakhs), secured loans (₹232.73 lakhs), and general corporate purposes (₹186.12 lakhs).

Subsidiary Information

The consolidated results include Gala Techno Mahim Cluster LLP, in which the parent company acquired stake on January 13, 2025. The subsidiary has not commenced operations and has not generated any revenue to date, making the standalone and consolidated revenue figures consistent.

Auditor's Review

P G Bhagwat LLP, Chartered Accountants, conducted the limited review of these financial results. The auditors noted an emphasis of matter regarding impairment assessment of non-financial assets, stating that management believes no impairment adjustment is required as of December 31, 2025.