Coffee Day Enterprises Limited , the parent company of Café Coffee Day, has disclosed its financial indebtedness for the quarter ending March 31, 2025, highlighting significant defaults due to an ongoing liquidity crisis.
The company reported a total financial indebtedness of ₹425.38 crore, which includes both short-term and long-term debt obligations. Of this amount, ₹374.83 crore represents defaults on loans from banks, financial institutions, and unlisted debt securities such as non-convertible debentures (NCDs) and non-convertible redeemable preference shares (NCRPS). Defaults include ₹174.83 crore from revolving facilities like cash credit and ₹200 crore from unlisted debt securities.
Advertisement
Coffee Day Enterprises also disclosed that it has defaulted on interest payments totaling ₹50.55 crore across its outstanding loans and securities during the quarter. The delay in servicing these debts has been attributed to a severe liquidity crunch faced by the company.
The lenders have issued loan recall notices to Coffee Day Enterprises and initiated legal disputes to recover the outstanding amounts. The company is currently negotiating a one-time settlement with its lenders while pursuing legal avenues to address claims related to alleged fund diversions amounting to over ₹3,500 crore.
Despite these challenges, Coffee Day remains committed to reducing its debt obligations through asset resolutions and settlements with stakeholders. In March 2025, the company reached an agreement with IDBI Trusteeship to settle an outstanding debt of ₹205 crore, payable in three tranches.
Sadananda Poojary, Company Secretary & Compliance Officer at Coffee Day Enterprises Limited, confirmed these updates in a regulatory filing with stock exchanges.
Stay tuned for further updates on market movements and financial insights.
Disclaimer: The information provided is for educational purposes only and does not constitute financial advice. We are not registered financial advisors. Please conduct your own research and consult a qualified advisor before making investment decisions. Any investment decisions you make based on this information are solely at your own risk.
