Vikram Kamats Hospitality Limited submitted an investor presentation for the quarter ended June 30, 2026, to BSE Limited.

The document provides a comprehensive business overview and financial update. The company, incorporated on August 24, 2007, and listed on BSE on February 15, 2016, operates in the food, beverage, and hospitality sector. It holds rights to use the trademarks "KAMATS" and "VITHAL KAMATS" and operates and grants licenses for brands including Kamats, Kamats Legacy, Vithal Kamats, Pepperfry By Kamats, and Urban Dhaba. It also leases and operates 4-star and 3-star hotels pan-India under its brands VITS and VITS Select through its subsidiary, Vitizen Hotels Ltd.

Key Highlights & Achievements

  • The company has been profitable for over 7 consecutive years, including during the pandemic.
  • Revenue CAGR has been 145% since listing.
  • Employee base of over 3,500 employees (including those on managed and franchised hotels).
  • Winner of over 10+ awards, including Best performing stock on BSE 2015 and Maharashtra Gaurav Governor's Award 2023.
  • Successfully completed fundraising of approximately ₹28 crores from investors including Mrinalini Jaisinghani (Part of Polycab Group), Nabs Vriddhii LLP (Part of Sattva Group), the Golden Bird Fund (a foreign portfolio investor), and Green Portfolio fund Manager.
  • Signed an agreement with HPCL for setting up brand outlets/Quick Service Restaurant (QSR) counters at HPCL retail outlet sites.

Expansion and New Launches (2024-2026)

  • Launched new Kamats Legacy outlets in Vashi, Nariman Point, Malad, and Mira Road.
  • Launched a new restaurant, Urban Dhaba (Urban Bar), at Bhandup, Mumbai, with a seating capacity of 70 guests.
  • The group company, Vitizen Hotels Ltd., took on lease or management several hotels: a 72-key hotel in Karad, a 39-key hotel in Lonavala, a 57-key hotel in Pune Kharadi, a 23-key hotel in Bharuch (Gujarat), a 29-key hotel in Sasangir, and an under-construction ~80-room hotel in Daman.
  • Operates over 22 hotels under the VITS and VITS Select brands across India.

Financial Performance (Quarter Ended June 30, 2026)

Consolidated Results (₹ Lakhs)
  • Total Revenue: 1,534.32 (vs. 1,324.46 in Q2 FY25; growth of 15.84%)
  • EBIDTA: 334.13 (vs. 313.16 in Q2 FY25; growth of 6.70%)
  • Finance Cost: 77.80 (vs. 90.01 in Q2 FY25; decline of 13.57%)
  • Depreciation: 209.86 (vs. 185.46 in Q2 FY25; growth of 13.16%)
  • PBT: 62.90 (vs. 37.69 in Q2 FY25; growth of 66.89%)
  • Total Comprehensive Income (TCI): 33.52 (vs. 13.18 in Q2 FY25; growth of 154.32%)
Standalone Results (₹ Lakhs)
  • Total Revenue: 822.60 (vs. 748.68 in Q2 FY25; decline of 9.89%)
  • EBIDTA: 183.63 (vs. 157.45 in Q2 FY25; growth of 16.63%)
  • Finance Cost: 40.58 (vs. 31.59 in Q2 FY25; growth of 28.46%)
  • Depreciation: 77.35 (vs. 54.34 in Q2 FY25; growth of 42.34%)
  • PBT: 65.70 (vs. 71.52 in Q2 FY25; decline of 8.14%)
  • TCI: 48.21 (vs. 53.30 in Q2 FY25; decline of 9.55%)

Business Model

The company operates two primary models:

  • COCO/Leased: Company owns or operates leased hotels and restaurants. All turnover and potential profits are captured in its books, but it also bears all associated risks and expenses.
  • Managed/Franchised: Company licenses its brands to third parties. It receives fees and royalty (typically 5% to 7% of the asset's turnover) while the asset owner bears all expenses and risks. This is an asset-light growth model.

Leadership Team

The management team includes Dr. Vikram V. Kamat (Managing Director), Dr. Vidhi Vikram Kamat (Director), Mrs. Nanette Dsa (Chairperson & Independent Director), Mr. Ammin Rajqotwala (Independent Director), Ms. Meghna Vihang Makda (Independent Director), Mr. Ravindra Shinde (Chief Financial Officer), Ms. Bhakti Khanna (Company Secretary), and other operational heads.