Olympic Cards
3.04
-3.04(-100.00%)
Market Cap₹5.00 Cr
PE Ratio13.82
Company Performance:
1D-100.00%
1M-100.00%
6M-100.00%
1Y-100.00%
5Y-100.00%
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More news about Olympic Cards
17Dec 25
Olympic Cards Limited Reports Fresh Default on HDFC Bank Term Loan Payment
Olympic Cards Limited reported another default on its HDFC Bank term loan, failing to pay ₹0.15 crore (₹0.12 crore principal + ₹0.03 crore interest) on November 17, 2025. The company's total financial indebtedness is ₹12.65 crore with ₹4.22 crore outstanding to HDFC Bank from a secured ₹15.50 crore facility carrying 11.05% interest rate.
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12Nov 25
Olympic Cards Reports Quarterly Loss, Settles Religare Dues Through Property Sale
Olympic Cards Limited reported a net loss of Rs 99.65 lakhs for Q2 FY2026, up from Rs 90.21 lakhs in Q2 FY2025, despite increased total income. The company settled dues with Religare Finvest Ltd by selling property for Rs 18 crores. However, significant financial obligations remain, including bank dues, GST liabilities, and employee-related dues. As of September 30, 2025, the company reported negative equity of Rs 70.34 lakhs, indicating ongoing financial challenges.
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01Nov 25
Olympic Cards Limited Clears Rs. 5.05 Crore Mortgage Loan, Aims to Reduce Finance Costs
Olympic Cards Limited, a leader in wedding cards and stationery, has fully repaid a Rs. 5.05 crore mortgage loan from Religare Finvest Ltd on October 30, 2025, ahead of schedule. The early repayment was funded by advances from a proposed property sale. This move aims to reduce finance costs and improve the company's financial position. The company is now obtaining necessary closure documentation and has disclosed this information in compliance with SEBI regulations.
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26Oct 25
Olympic Cards Reports Default on Religare Finvest Mortgage Loan
Olympic Cards Limited, a manufacturer of wedding cards and stationery products, has defaulted on a mortgage loan payment to Religare Finvest Ltd. The default occurred on September 26, 2025, with a total default amount of Rs 0.07 crore, comprising Rs 0.06 crore in principal and Rs 0.01 crore in interest. The original loan amount was Rs 5.05 crore, with a 120-month tenure and 14.50% interest rate. The company's current outstanding to Religare is Rs 1.31 crore. Olympic Cards' total outstanding borrowings from banks/financial institutions stand at Rs 12.55 crore, while its total financial indebtedness as of June 30, 2025, is Rs 25.71 crore.
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22Jul 25
Olympic Cards Limited Defaults on HDFC Bank Term Loan, Owes Rs. 12.55 Crore in Total Debt
Olympic Cards Limited, a wedding card manufacturer, has defaulted on a term loan repayment to HDFC Bank Ltd. The default occurred on June 21, 2025, involving a principal amount of Rs. 0.11 crore and interest of Rs. 0.04 crore. The loan, part of a Rs. 15.50 crore facility, has an 11.05% interest rate and a 120-month tenure. Olympic Cards' total financial indebtedness stands at Rs. 12.55 crore, with Rs. 4.22 crore owed to HDFC Bank. The company disclosed this information to the Bombay Stock Exchange on July 21, 2025, in compliance with regulatory requirements.
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Olympic Cards
3.04
-3.04
(-100.00%)
1 Year Returns:-100.00%
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