Summary of Key Information:
Reporting Period: Quarter and Year Ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 of SEBI LODR
Audit Opinion:
Adverse opinion issued by Statutory Auditors M/s J.C. Bhalla & Co. (FRN: 001111N) on both standalone and consolidated audited financial statements for the financial year ended March 31, 2026.
Key Financial Highlights [All amounts in ₹ lakhs]:
Standalone Results:
| Particulars | Year Ended March 31, 2026 | Year Ended March 31, 2025 |
| Revenue from Operations | 0 | 0 |
| Total Income | 579.14 | 564.43 |
| Net Profit/(Loss) | (854.87) | (3,628.00) |
| EPS (₹) | (7.34) | (31.14) |
| Other Equity | 8,881.60 | 9,736.47 |
| Cash and Cash Equivalents | 118.68 | Not Specified |
| Total Borrowings | 39,000.00 | Not Specified |
Consolidated Results:
| Particulars | Year Ended March 31, 2026 | Year Ended March 31, 2025 |
| Revenue from Operations | 43,539.09 | 41,050.91 |
| Total Income | 44,494.62 | 42,051.45 |
| Net Profit/(Loss) | 6,497.66 | 3,979.73 |
| EPS (₹) | 55.77 | Not Specified |
| Other Equity | (2,508.58) | (8,965.95) |
| Cash and Cash Equiguvalents | 10,271.25 | 4,536.95 |
| Total Borrowings | 60,373.33 | Not Specified |
Impact of Audit Qualifications:
If audit qualifications were considered, the standalone loss for FY26 would be Rs 10,298.33 lakhs instead of reported Rs 854.87 lakhs, and consolidated profit of Rs 6,497.66 lakhs would become a loss of Rs 2,986.10 lakhs.
Segment-wise Performance:
The company operates only in one reportable segment: "Hotel" at one location.
Corporate Actions:
- 19th Annual General Meeting scheduled for Friday, June 19, 2026 at 11:00 AM
- No dividend declared for the year
- No share split, bonus issue, or buyback announced
Other Significant Information:
- Mumbai hotel remains shut as of the reporting date
- Company in process of evaluating Property, Plant & Equipment through physical verification
- Certain records could not be retrieved due to lack of resources during CIRP period
- Company reviving compliance with all applicable laws post-CIRP closure
Entities Included in Consolidation:
- Asian Hotels (West) Limited (Holding Company)
- Aria Hotels and Consultancy Services Private Limited (Subsidiary)