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* - Tentative Dates
The Company intends to utilize the proceeds raised through the Issue towards funding the following objects:
Emerald Leisures Ltd's revenue increased by 11% and profit after tax (PAT) rose by 4% between the financial year ending with March 31, 2024 and March 31, 2023.
| Period Ended | 31 Mar 2024 | 31 Mar 2023 | 31 Mar 2022 |
| Assets | 67.64 | 70.28 | 73.94 |
| Revenue | 16.59 | 14.89 | 8.72 |
| Profit After Tax | -9.73 | -10.14 | -12.31 |
| Net Worth | -982.37 | -1,056.51 | -959.2 |
| Reserves and Surplus | -79.49 | -69.79 | -59.66 |
| Amount in ₹ Crore | |||
Emerald Leisures Limited was incorporated in March 1933 and is an integrated hospitality company engaged in the provision of clubs, banquet halls and accommodation. The club, banquet halls and rooms are located in a single building, which enables us to establish ourselves as a "full service provider" in the hospitality industry, offering services to various sections of society, from the middle class to the upper class.
The strategic location of the club site has the added benefit of allowing us to offer corporate clients "business and leisure" services for conferences, meetings, exhibitions etc. "The club site covers an area of approximately 5,977 m².
It offers its members various sports facilities such as badminton, table tennis, squash, snooker/billiards and other indoor and outdoor games, as well as additional access and benefits related to a gym, library, spa and beauty salon, multi-cuisine restaurants and bar, swimming pool and well-appointed rooms on a fee basis.
