Emerald Leisures (BSE: EMERALL) is loss-making over the last 12 months, losing ₹8.63 Cr, so a P/E ratio does not apply. Its share price on 6 Nov 2026 was ₹284.35, 13% below its 52-week high. Sales grew 4.0% a year over 3 years. Its net worth is negative, as liabilities exceed assets, and borrowings are ₹148 Cr. It is a small-cap company with a market cap of ₹427 Cr, ranked 2nd of 11 Leisure companies by market cap; the shares rose 27% over the past year.
- ₹287.50
- ₹287.70
- ₹284.00
- ₹274.00
- 1.5K
Health check
- ReturnsAhead
+26.7% over a year, better than 7 of 7 peers.
- Price tagNegative equity
Book value is below zero, so P/E and P/B mislead here.
- GrowthUnder pressure
Sales +4.0% a year over 3 years, but loss-making now.
- ProfitabilityDistorted
With negative net worth, return ratios are meaningless.
- Balance sheetStretched
Negative net worth: liabilities exceed assets.
- Red flags4 to check
Loss-making over the last twelve months.
Small cap
Defensive
Key metrics
- Market cap
- ₹427 Cr
- Small cap
- P/E
- n/a
- Industry 24.9
- Price to book
- −5.08
- Peers 1.68
- Dividend yield
- 0.00%
- ROE
- n/a
- Peers 5.7%
- ROCE
- n/a
- Peers 7.7%
- Debt to equity
- n/a
- Debt ₹148 Cr
- EPS (TTM)
- −₹5.75
- OPM (TTM)
- 41.7%
- Net margin −52.8%
- Sales growth
- −4.9%
- Latest quarter vs a year ago
- Profit growth
- n/a
- Year-ago quarter not reported
- Price to sales
- 26.13
- EV/EBITDA 85.6
Strengths and risks
Risks to check
- Loss-making over the last twelve months.
- Negative net worth: liabilities exceed assets.
- Quarterly sales down 4.9% on a year ago.
- Interest coverage of only 0.5×.
About Emerald Leisures
Emerald Leisures Limited provides rooms, food and beverage, and banquet services in India. The company operates club and sports complex. It offers various facilities, such as gym, swimming pool, squash, badminton, table tennis, carrom, and chess lounges. The company also provides spa and salon, billiards and snooker, card room, library, and kiddie's corners, as well as offers hospitality services. In addition, it offers banquet and event spaces, indoor…
- Headquarters
- Mumbai
- Employees
- 45
- Sector
- Consumer Cyclical
- ISIN
- INE044N01021
- Website
- clubemerald.in
Price range
- Avg volume (3M)
- 3.2K
- 1-year return
- plus 26.7%
- From 52-week high
- minus 12.5%
Peers · Leisure
| Company | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| WONDERLAWonderla Holidays | 476.75 | plus 0.26% | 3,026 | 29.3 | 1.68 | 5.8% | 4.6% | 33.8% | 6.4% | −18.1% | 0.44% | minus 17.0% |
| EMERALLEmerald Leisures | 284.35 | plus 3.78% | 427 | – | −5.08 | – | – | 41.7% | 4.0% | – | 0.00% | plus 26.7% |
| CSMLCOMPLETE SPORTS AND MANAGEMENT | 182.05 | minus 2.67% | 374 | 20.6 | 6.40 | 56.7% | 54.0% | 29.5% | 55.9% | 144.8% | 0.00% | plus 24.7% |
| NICCOPARNicco Parks & Resorts | 67.99 | plus 3.44% | 318 | 53.5 | 3.04 | – | 5.7% | 26.5% | −4.6% | – | 0.74% | minus 9.6% |
| KVTOYSK. V. Toys India | 210.15 | minus 7.57% | 132 | 12.3 | 2.41 | 19.2% | 27.4% | 7.0% | – | – | 0.00% | minus 37.5% |
| OKPLAOK Play India | 2.89 | plus 2.85% | 105 | 48.2 | 0.62 | 5.4% | 1.8% | 13.5% | 2.9% | – | 0.00% | minus 56.9% |
| CRAVATEXCravatex | 335.00 | minus 2.59% | 87 | 10.1 | 0.71 | 7.3% | 6.0% | −2.2% | −33.1% | −51.3% | 3.88% | minus 3.7% |
| COSCOCosco (India) | 185.10 | minus 1.07% | 77 | 66.8 | 1.49 | 8.1% | 2.0% | 3.4% | 7.4% | 13.9% | 0.00% | minus 23.5% |
| Median of 7 peers | – | −1.07% | 132 | 29.3 | 1.68 | 7.7% | 5.7% | 13.5% | 4.7% | −2.1% | 0.00% | −17.0% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 3.6 | 3 | 4.7 | 5.2 | 3.5 | |
| 2.3 | 2.2 | 2.9 | 1.9 | 2.6 | |
| 1.3 | 0.8 | 1.8 | 3.3 | 0.9 | |
| 35.8% | 27.5% | 37.9% | 64.0% | 25.9% | |
| 0 | 0 | 0 | 0.1 | 0.3 | |
| 3.4 | 3.5 | 3.6 | 3.6 | 3.4 | |
| 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | |
| −2.5 | −3.1 | −2.3 | −0.6 | −2.6 | |
| −2.5 | −3.1 | −2.3 | −0.6 | −2.6 | |
| -1.68 | -2.10 | -1.50 | -0.42 | -1.73 |
Profit & loss
- Sales CAGR 3Y
- +4.0%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 13.9 | 15.8 | 14.2 | 15.7 | |
| – | +13.3% | minus 10.4% | +10.6% | |
| 7.9 | 10.3 | 9.6 | 8.4 | |
| 6 | 5.5 | 4.5 | 7.3 | |
| 43.0% | 34.7% | 32.0% | 46.6% | |
| −0.1 | 0.8 | 0 | 0 | |
| 12.8 | 13.5 | 13.2 | 14.1 | |
| 3.1 | 2.5 | 2.2 | 1.8 | |
| 0.1 | – | 0.1 | 0.1 | |
| −10 | −9.7 | −10.8 | −8.6 | |
| −1.7% | – | – | – | |
| −10.1 | −9.7 | −10.8 | −8.6 | |
| -7.30 | -6.98 | -7.47 | -5.69 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 2.5 | 2.5 | 7.5 | 7.5 | |
| −69.8 | −79.5 | −83.1 | −91.6 | |
| 82.7 | 85.5 | 96 | 105 | |
| 54.9 | 59.1 | 67.7 | 78.6 | |
| 70.3 | 67.6 | 88.2 | 100 | |
| 65 | 62.5 | 60.4 | 58.7 | |
| – | – | 0 | 0.1 | |
| 1.5 | 1.5 | 1.6 | 1.7 | |
| 0.6 | 0.4 | 0.1 | 0.2 | |
| 3.2 | 3.2 | 26 | 39.3 | |
| 70.3 | 67.6 | 88.2 | 100 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| −3.6 | 5.6 | −18.3 | −6.2 | |
| 0.5 | 0.1 | 0 | −0.8 | |
| 3.2 | −5.9 | 18 | 6.6 | |
| 0 | −0.2 | −0.3 | −0.4 | |
| −0.1 | −0 | −0 | −0.4 | |
| −3.7 | 5.6 | −18.4 | −6.6 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.