Blue Coast Hotels
32.40
+0.40(+1.25%)
Market Cap₹55.70 Cr
PE Ratio-30.65
Company Performance:
1D+1.25%
1M+31.60%
6M-33.29%
1Y+32.24%
5Y+449.15%
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More news about Blue Coast Hotels
13Nov 25
BlueCoast Hotels Faces Rs. 85 Crore Transfer Order in Hotel Sale Dispute
Blue Coast Hotels Limited received an order from a Recovery Officer directing IFCI to transfer Rs. 85.00 crores plus interest from the auction proceeds of Park Hyatt Goa Hotel property. This order is subject to ongoing proceedings in the Bombay High Court, Goa Bench. The company is exploring legal options to challenge the order.
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10Nov 25
BlueCoast Hotels Reports Widening Losses Amid Ongoing Financial Distress
Blue Coast Hotels Limited reported a net loss of Rs. 26.67 lakhs for Q2 2025, an improvement from the previous quarter's loss of Rs. 130.88 lakhs. Total income decreased to Rs. 57.35 lakhs from Rs. 110.02 lakhs in Q1 2025. The company faces ongoing financial distress, with accumulated losses and negative net worth. It's in default on preference share dividends and under SEBI investigation for regulatory violations. Blue Coast Hotels has filed a Settlement Application with SEBI and is involved in legal proceedings regarding its former Goa property. The company's ability to continue as a going concern remains uncertain.
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06Sept 25
Blue Coast Hotels Expands into Virtual Digital Assets and Travel Services
Blue Coast Hotels Limited has amended its Memorandum of Association to include virtual digital assets and comprehensive travel services. The changes, approved at the 32nd Annual General Meeting, allow the company to explore opportunities in digital assets and offer a wide range of domestic and international travel services. The company also re-appointed Mr. Vijay Jain as an Independent Director for a five-year term and appointed new statutory and secretarial auditors.
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06Aug 25
Blue Coast Hotels' Auditors Resign Amid Financial Challenges
P.P. Bansal & Co., statutory auditors of Blue Coast Hotels Limited, have resigned citing personal and professional commitments. The company faces financial difficulties with Q1 FY2026 showing a net loss of Rs. 130.65 lakhs. Blue Coast is under SEBI investigation for alleged regulatory violations and has proposed a settlement. The company is implementing strategic moves including offering hotel management services and pursuing legal action for auction proceeds from a former property.
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Blue Coast Hotels
32.40
+0.40
(+1.25%)
1 Year Returns:+32.24%
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