Summary of Key Information:

ISIN No.: INE988S01028

Reporting Period: Fourth Quarter (Q4) and Financial Year (FY) ended March 31, 2026

Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI Listing Regulations

Audit Opinion:

Unmodified opinion (clean) from statutory auditors M/s S.R. Batliboi & Co. LLP on both standalone and consolidated financial results

Key Financial Highlights [₹ in crores]:

Consolidated Results:

Q4 FY26 (Audited) vs Q4 FY25 (Audited):

  • Revenue from Operations: ₹183.70 vs ₹177.32 (3.6% increase YoY)
  • Total Income: ₹184.45 vs ₹180.19
  • EBITDA: ₹53.74 vs ₹64.96 (17.3% decrease YoY)
  • Net Profit: ₹11.88 vs ₹26.58 (55.3% decrease YoY)
  • EPS: ₹0.56 vs ₹1.25 (not annualized)

FY26 (Audited) vs FY25 (Audited):

  • Revenue from Operations: ₹707.28 vs ₹631.45 (12.0% increase YoY)
  • Total Income: ₹713.00 vs ₹653.35
  • EBITDA: ₹223.74 vs ₹230.32 (2.9% decrease YoY)
  • Net Profit: ₹65.72 vs ₹83.60 (21.4% decrease YoY)
  • EPS: ₹3.08 vs ₹3.92 (annualized)
  • Other Equity: ₹1,320.98 vs ₹1,262.78
  • Cash and Cash Equivalents: ₹3.78 vs ₹10.66
  • Total Debt: ₹257.29 (Borrowings) vs ₹73.20

Standalone Results:

Q4 FY26 (Audited) vs Q4 FY25 (Audited):

  • Revenue from Operations: Not explicitly stated but implied similar to consolidated
  • Net Profit: ₹12.95 vs ₹27.37 (52.7% decrease YoY)
  • EPS: ₹0.61 vs ₹1.28 (not annualized)

FY26 (Audited) vs FY25 (Audited):

  • Net Profit: ₹70.20 vs Not fully comparable (previous year had different items)
  • EPS: ₹3.29 (annualized)
  • Other Equity: ₹1,321.92 vs ₹1,259.31
  • Cash and Cash Equivalents: Negative ₹1.81 vs ₹9.41

Segment-wise Performance:

The company operates primarily in the Hospitality segment with a minor Others segment.

Consolidated Segment Revenue Q4 FY26:

  • Hospitality: ₹183.37 crores
  • Others: ₹0.33 crores
  • Total: ₹183.70 crores

Consolidated Segment EBITDA Q4 FY26:

  • Hospitality: ₹53.69 crores
  • Others: ₹0.05 crores
  • Total: ₹53.74 crores

Corporate Actions:

  • Dividend: Board recommended a final dividend of ₹0.75 per fully paid-up equity share of face value ₹1 each for FY 2025-26
  • Total dividend payout: ₹16.01 crores
  • Record date to be intimated later
  • Dividend to be credited within 30 days from AGM date if approved by shareholders

Other Significant Information:

Acquisitions Completed:

1. Zillion Hotels and Resorts Private Limited (September 26, 2025)

  • Acquisition of 90% stake for ₹206.55 crores (total consideration ₹224.76 crores)
  • Hotel property in Juhu, Mumbai
  • Treated as asset acquisition under Ind AS 103
  • Consideration allocated to land and building based on fair values

2. Fishermans Grove Resorts Private Limited (December 22, 2025)

  • 100% stake acquisition
  • Thali Hotels and Destinations Private Limited (December 22, 2025)
  • 100% stake acquisition
  • Total consideration: ₹20.50 crores
  • Treated as asset acquisition under Ind AS 103
  • Consideration allocated to land, building and plant & machinery

Pending Acquisition:

  • Cochin Residency Private Limited (agreement dated December 16, 2025)
  • 100% stake acquisition of hotel property 'Malabar House' in Kochi, Kerala
  • Conditions precedent not met as of March 31, 2026
  • No accounting treatment in current results

Exceptional Items:

  • Impact of new Labour Codes notified by Government of India on November 21, 2025
  • Q4 FY26 impact: ₹1.59 crores (consolidated)
  • FY26 impact: ₹2.99 crores (consolidated)
  • Treated as non-recurring regulatory change impact

Entities Included in Consolidation:

1. Apeejay Hotels & Restaurants Private Limited (Subsidiary)

2. Apeejay North-West Hotels Private Limited (Subsidiary)

3. Apeejay Charter Private Limited (Subsidiary)

4. Zillion Hotels and Resorts Private Limited (Subsidiary)

5. Fishermans Grove Resorts Private Limited (Subsidiary)

6. Thali Hotels and Destinations Private Limited (Subsidiary)

Subsidiaries contributed total assets of ₹163.95 crores, revenues of ₹12.93 crores (Q4) and ₹40.55 crores (FY), and net loss of ₹(6.78 crores) (Q4) and ₹(8.49 crores) (FY).