Peninsula Land
33.36
-0.98(-2.85%)
Market Cap₹1,112.60 Cr
PE Ratio-27.39
IndustryRealty
Company Performance:
1D-2.85%
1M-9.22%
6M+33.65%
1Y-36.88%
5Y+801.62%
View Company Insightsright
Latest news about Peninsula Land
Peninsula Land's JV Faces NCLT Insolvency Process Over ₹266 Crore Loan Default Jul 17, 2025
Peninsula Land Limited's joint venture, Hemil Developers Private Limited (HDPL), is undergoing corporate insolvency resolution process initiated by NCLT Mumbai due to a ₹266 crore loan default. The process was triggered by JM Financial Credit Solutions Ltd against HDPL for a corporate guarantee on loans to Hem-Bhattad AOP. Peninsula Land states it has already written off its investment in HDPL and is assessing potential financial impacts. HDPL can appeal the NCLT order, while negotiations for settlement are ongoing.
Peninsula Land Expands Portfolio with Land Acquisitions, Secures 7.65 Billion Rupees Real Estate Platform Jul 10, 2025
Peninsula Land Expands Portfolio with Land Acquisitions and ₹2.16 Billion Investment Jul 09, 2025
Peninsula Land Expands Portfolio with Strategic Investment in Terranest Agri-infratech LLP Jun 02, 2025
Peninsula Land Expands Portfolio with Strategic Investment in Terranest Agri-Infratech LLP May 30, 2025
More news about Peninsula Land
29May 25
Peninsula Land Reports Significant Drop in Q4 EBITDA and Revenue
Peninsula Land's Q4 results show significant financial challenges. The company's EBITDA fell to ₹18.00 million from ₹315.00 million year-over-year, with EBITDA margin dropping to 2.83% from 27.89%. Net loss increased to ₹252.00 million from ₹245.00 million in the same quarter last year. Revenue declined to ₹627.00 million from ₹1,100.00 million year-over-year.
21Mar 25
Peninsula Land Files FIR Against KBK Group, Alleging INR 200 Crore Fraud
Peninsula Land Limited has filed an FIR with Mumbai Police's Economic Offences Wing against its joint venture partners, the KBK Group, alleging fraud of approximately ₹200 crores. The complaint accuses several KBK Group members of cheating, forgery, and fraudulent misappropriation of funds within their joint venture entity. Peninsula Land expects to recover a significant portion of the claimed amount through legal proceedings.
20Mar 25
Peninsula Land Files FIR Against KBK Group, Alleging ₹200 Crore Fraud
Peninsula Land Limited has filed an FIR with Mumbai Police's Economic Offences Wing against KBK Group, alleging fraud, cheating, and misappropriation of funds in a joint venture. The complaint names several KBK Group members and estimates the financial impact at approximately ₹200 crores. Peninsula Land expects to recover a substantial portion of this amount through legal proceedings. The company has disclosed this information to stock exchanges in compliance with SEBI regulations.
Peninsula Land
33.36
-0.98
(-2.85%)
1 Year Returns:-36.88%
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