Summary of Key Information:
Reporting Period (Quarter/Year): Quarter and Financial Year ended March 31, 2026
Nature of Filing / Announcement: Outcome of Board Meeting under Regulation 30 and 33 of SEBI LODR Regulations
Date of Board Meeting / Approval: May 28, 2026 (commenced at 05:45 P.M., concluded at 08:30 P.M.)
Audit Opinion: Unmodified opinion issued by M/s. Deloitte Haskins & Sells LLP on both Standalone and Consolidated Financial Results for FY ended March 31, 2026.
Auditor's Comment: No qualifications or modifications affecting earnings quality, internal controls, or going concern.
Key Financial Highlights [₹ in Lakhs]
Consolidated Results:
Revenue from Operations:
- Q4 FY26: ₹41,950.45
- Q4 FY25: ₹38,774.49
- FY26: ₹1,44,933.01
- FY25: ₹1,28,841.16
Total Income:
- Q4 FY26: ₹42,080.98
- Q4 FY25: ₹38,861.16
- FY26: ₹1,45,266.61
- FY25: ₹1,29,486.85
Net Profit:
- Q4 FY26: ₹11,645.29
- Q4 FY25: ₹10,814.53
- FY26: ₹28,831.82
- FY25: ₹24,314.54
EPS (Face value of share ₹10/-):
- Basic EPS Q4 FY26: ₹1.16
- Basic EPS FY26: ₹2.87
- Diluted EPS Q4 FY26: ₹1.16
- Diluted EPS FY26: ₹2.87
Other Equity (including non-controlling interest): ₹1,28,733.12 (March 31, 2026) vs ₹99,775.39 (March 31, 2025)
Cash and Cash Equivalents: ₹5,809.60 (March 31, 2026) vs ₹5,543.32 (March 31, 2025)
Debt:
Non-current borrowings: ₹1,31,086.27 (lease liability) + ₹49,485.67 (other) = ₹1,80,571.94
Current borrowings: ₹18,938.76 (lease liability) + ₹8,540.00 (other) = ₹27,478.76
Total Debt: ₹2,08,050.70
Standalone Results:
Revenue from Operations:
- Q4 FY26: ₹13,362.45
- Q4 FY25: ₹11,063.73
- FY26: ₹44,203.93
- FY25: ₹38,462.77
Total Income:
- Q4 FY26: ₹13,488.82
- Q4 FY25: ₹11,081.15
- FY26: ₹44,425.10
- FY25: ₹38,549.45
Net Profit:
- Q4 FY26: ₹4,228.52
- Q4 FY25: ₹3,595.83
- FY26: ₹10,847.01
- FY25: ₹10,087.74
EPS (Face value of share ₹10/-):
- Basic EPS Q4 FY26: ₹0.53
- Basic EPS FY26: ₹1.37
- Diluted EPS Q4 FY26: ₹0.53
- Diluted EPS FY26: ₹1.37
Other Equity: ₹57,519.69 (March 31, 2026) vs ₹46,530.17 (March 31, 2025)
Cash and Cash Equivalents: ₹907.36 (March 31, 2026) vs ₹1,067.66 (March 31, 2025)
Debt:
Non-current borrowings: ₹10,867.46 (borrowings) + ₹16,458.75 (lease liability) = ₹27,326.21
Current borrowings: ₹4,949.42 (borrowings) + ₹404.38 (lease liability) = ₹5,353.80
Total Debt: ₹32,680.01
Segment-wise Performance:
The Group is into Hoteliering business and operates in a single operating segment, therefore it did not give rise to different operating segments in accordance with Ind AS 108.
Corporate Actions:
Dividend declarations: Not Specified
Share split/bonus/buyback: Not Specified
Capital raising: Not Specified
Other Significant Information:
Exceptional Items for Consolidated FY26: ₹3,326.59 lakhs, comprising:
- Impact due to Labour Code and Ex-gratia: ₹2,551.13 lakhs
- Settlement of Property Tax matter: ₹478.54 lakhs
- Expenses related to restructuring of the Group: ₹296.92 lakhs
Exceptional Items for Standalone FY26: ₹2,026.98 lakhs, comprising:
- Impact due to Labour Code and Ex-gratia: ₹1,661.94 lakhs
- Settlement of Property Tax matter: ₹166.93 lakhs
- Expenses related to restructuring of the Company: ₹198.11 lakhs
Board approved a proposed Composite Scheme of Arrangement on January 09, 2026, involving merger and demerger of certain group entities to segregate hotel ownership & development business and hotel management & brand business. Appointed date: April 01, 2026. Received CCI approval on April 7, 2026.
Subsequent to year end (May 22, 2026), Coastal Cedar Investments B.V. acquired 41.09% equity stake in Fleur Hotels Limited from APG Strategic Real Estate Pool N.V.
The Parent Company granted Stock Appreciation Rights (SARs) under its approved SAR Scheme, recognizing an expense of ₹150.24 lakhs during FY26.