Eternal Ltd Board Approves Q1 FY27 Results, Nugget Business Transfer to CTPL
RESULTS
● No Immediate Change
LOW RISK
📅 Filed on BSE: 22 Jul 2026, 03:03 PM IST · BSE ID: d0565180-f5e2-42e9-9352-fe62e3007ba9
View Original BSE Filing (PDF)
💡
In Simple Terms
The company approved its latest quarterly financial results and is selling a small part of its business to a subsidiary for INR 35 crore.
🤖 AI Summary
- Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2026 (Q1 FY27).
- Company to transfer 'Nugget by Zomato' business to wholly-owned subsidiary CTPL for INR 35,00,00,000/- cash.
- Nugget Business contributed INR 7.20 crore (0.07% standalone revenue) and net worth of INR 10.54 crore (0.03% standalone net worth) in FY26.
- 16th Annual General Meeting scheduled for August 26, 2026, to adopt FY26 financials and re-appoint Sanjeev Bikhchandani.
- The business transfer is an internal restructuring, expected to complete within 30 days, with CTPL to operate a B2B AI-driven support platform.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Nugget Business Revenue (FY26)
INR 7.20 crore
Nugget Business Revenue % of Standalone (FY26)
0.07%
Nugget Business Net Worth (31 March 2026)
INR 10.54 crore
Nugget Business Net Worth % of Standalone (31 March 2026)
0.03%
Consideration for Nugget Business Transfer
INR 35,00,00,000/-
Unaudited Subsidiaries Q1 FY27 Revenue
Rs. 215 crores
Unaudited Subsidiaries Q1 FY27 Loss after tax
Rs. 95 crores
🏢 How This Affects the Company
The transfer of the Nugget Business, which represented 0.07% of standalone revenue in FY26, to a wholly-owned subsidiary streamlines the corporate structure. CTPL will now carry on the business of a B2B AI-driven support platform.
The company will receive a cash consideration of INR 35,00,00,000/- from its wholly-owned subsidiary CTPL for the Nugget Business transfer, subject to adjustments. This internal transfer will reflect as a balance sheet re-arrangement.
The transfer of the Nugget Business to CTPL is an internal restructuring exercise, indicating a streamlining of operations under different subsidiary entities for focused business areas. This aims to create a B2B AI-driven support platform under CTPL.
The internal transfer of the Nugget Business to a wholly-owned subsidiary, stated as an arm’s length related party transaction, does not introduce new external risks. The GST authority orders regarding delivery charges, noted by auditors, remain an ongoing matter.
👥 What This Means For Shareholders
✅
Action Required
Shareholders are not required to take any immediate action based on this filing, other than reviewing the notice for the 16th Annual General Meeting.
👤
Who Is Affected
Shareholders will be asked to consider and adopt the audited standalone and consolidated financial statements for FY26 and to re-appoint Sanjeev Bikhchandani as a Non-Executive Nominee Director at the AGM.
🔍
Management Signal
Management intends to streamline the corporate structure through internal restructuring, evidenced by the transfer of the Nugget Business to a dedicated subsidiary.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Review complete Q1 FY27 financial results for detailed performance metrics.
Monitor completion of Nugget Business transfer within 30 days of July 22, 2026.
Attend 16th Annual General Meeting on August 26, 2026, for FY26 audited financial statements.
LOW RISK
The announced business transfer is internal to a wholly-owned subsidiary, minimizing external operational or financial risks.
💡 Investor Takeaway
Eternal Ltd approved Q1 FY27 unaudited results and is transferring its Nugget Business to wholly-owned subsidiary CTPL for INR 35,00,00,000/- cash. Nugget Business contributed INR 7.20 crore (0.07% of standalone revenue) in FY26, indicating a minor internal asset re-arrangement.
⚖️ Strengths & Concerns
✅ Positives
- Internal restructuring of the Nugget Business to a wholly-owned subsidiary for INR 35,00,00,000/- cash, streamlining the corporate structure.
- Audited standalone and consolidated financial statements for FY26 are scheduled for adoption at the upcoming 16th Annual General Meeting.
⚠️ Concerns
- Nugget Business contributed a minor portion of company's revenue, representing 0.07% of standalone revenue for FY 2025-26.
- The unaudited consolidated financial results include interim financial information of 17 subsidiaries and 1 trust with total revenue of Rs. 215 crores and total loss after tax of Rs. 95 crores for Q1 FY27, which have not been reviewed by their auditors.
📅 Company Track Record
Eternal Limited previously filed FY26 results on April 28, 2026, which included the divestment of a District platform to a subsidiary for INR 24.19 Cr, pending May 1 completion.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What financial results did Eternal Ltd's board approve?
Eternal Ltd's board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.
What business is Eternal Ltd transferring and to whom?
Eternal Ltd is transferring its business operating under the name ‘Nugget by Zomato’ to Carthero Technologies Private Limited (CTPL), a wholly-owned subsidiary.
What is the consideration for the Nugget Business transfer?
The consideration for the Nugget Business transfer is a cash amount of INR 35,00,00,000/- (Indian rupees thirty five crore only), subject to adjustments.
What was the Nugget Business's revenue contribution in FY 2025-26?
The Nugget Business's revenue for FY 2025-26 was INR 7.20 crore, representing 0.07% of the company's standalone revenue.
When is Eternal Ltd's 16th Annual General Meeting?
Eternal Ltd's 16th Annual General Meeting is scheduled for Wednesday, August 26, 2026, at 12:00 P.M. IST.
Questions based on this BSE filing only. For information purposes.