What drove the large increase in the subsidiary's asset value?

The Tajik subsidiary, CJSC CHL International, revalued a building based on an independent report. This added **₹529.07 crore** to the asset's carrying value, bringing it to **₹673.55 crore**.

How does the revaluation gain compare to the company's market value?

The **₹529.07 crore** increase is more than three times the company's total market capitalization.

What is the status of the EXIM Bank litigation?

The company is working through a **USD 34 million** one-time settlement. The filing confirms this process remains under implementation.

What were the standalone financial results for FY26?

CHL Ltd reported a total income of **₹109.42 crore** and a net profit of **₹16.19 crore** for the year ended 31 March 2026.

Earnings · Hotels & Restaurants · Micro cap

CHL Ltd reports ₹16.19 cr profit as Tajik asset revaluation looms

The company booked a ₹529.07 crore revaluation gain on a foreign building, an asset adjustment worth more than three times its current market capitalization.

— 1 earlier story on CHL Ltd. →

CHLLTD 27 May 2026 · 2:55 PM IST Verify on BSE · NSE

Mkt cap₹172 cr

ROE1.56%

₹529.07 cr Increase in carrying value of a building held by its Tajik subsidiary.

What's new

Standalone FY26 income reached ₹109.42 cr with a net profit of ₹16.19 cr.
A Tajik subsidiary revalued a building, lifting its book value to ₹673.55 cr.
A USD 34 million one-time settlement with EXIM Bank is still under implementation.

Why this matters

The revaluation gain is massive relative to the company's size, dwarfing its market cap and standalone earnings. Investors must look past the headline profit to the sustainability of these balance-sheet adjustments and the ongoing liability of the EXIM Bank settlement.

What we're watching

Progress on the USD 34 million EXIM Bank settlement.
Whether the revaluation leads to any change in the subsidiary's cash-flow profile.
Auditor commentary on the valuation methodology in future filings.

The full read

CHL Ltd closed FY26 with a standalone net profit of ₹16.19 crore on total income of ₹109.42 crore.

It is a massive adjustment.

The real story sits in the balance sheet of its Tajik subsidiary, CJSC CHL International, where an independent valuation of a building resulted in a ₹529.07 crore increase in carrying value, pushing the asset to ₹673.55 crore. This accounting move is worth more than three times the company's entire market capitalization. Meanwhile, the company is still working to implement a USD 34 million one-time settlement with EXIM Bank. The scale of the revaluation relative to the company's size and the weight of the pending bank settlement are the primary factors for investors to weigh. The revaluation reserve has absorbed the gain, but the underlying litigation remains a live issue.

Questions answered

What drove the large increase in the subsidiary's asset value?: The Tajik subsidiary, CJSC CHL International, revalued a building based on an independent report. This added ₹529.07 crore to the asset's carrying value, bringing it to ₹673.55 crore.
How does the revaluation gain compare to the company's market value?: The ₹529.07 crore increase is more than three times the company's total market capitalization.
What is the status of the EXIM Bank litigation?: The company is working through a USD 34 million one-time settlement. The filing confirms this process remains under implementation.
What were the standalone financial results for FY26?: CHL Ltd reported a total income of ₹109.42 crore and a net profit of ₹16.19 crore for the year ended 31 March 2026.

Mentioned: CHL Ltd · CJSC CHL International · EXIM Bank

Primary source BSE · NSE

An independent reading of the company's own disclosure — the primary filing above is the final word.

Story so far

All notes on CHLLTD →

27 May 2026 · 2:55 PM IST CHL Ltd reports ₹16.19 cr profit as Tajik asset revaluation looms
today CHL revalues Tajikistan asset by ₹529 cr, dwarfing its market cap.