Board Meeting Details
The Board of Directors meeting was held on Friday, 29th May 2026, commencing at 3:15 PM and concluding at 4:30 PM. The board considered and approved:
- Draft Standalone and Consolidated Financial Results for the half year and year ended 31st March 2026
- Declaration of dividend at ₹0.25 (Twenty Five paise only) per equity share, subject to shareholder approval
Financial Results Overview
Standalone Financial Performance (Year ended 31-March-2026)
- Total Income: ₹13,639.82 lakhs
- Total Expenses: ₹13,014.34 lakhs
- Profit Before Tax: ₹625.48 lakhs
- Tax Expenses: ₹166.35 lakhs (Current Tax: ₹148.92 lakhs, Deferred Tax: ₹15.53 lakhs, Prior Period Tax: ₹1.90 lakhs)
- Profit After Tax: ₹459.13 lakhs
- Earnings Per Share: Basic ₹5.46, Diluted ₹5.46
Half-Yearly Performance (October 2025-March 2026)
- Total Income: ₹6,549.38 lakhs
- Profit Before Tax: ₹154.86 lakhs
- Profit After Tax: ₹89.58 lakhs
- EPS: Basic ₹0.96, Diluted ₹0.96
Segment-wise Performance (Standalone)
Revenue Breakdown
- Travel Related Services: ₹10,149.57 lakhs (FY26)
- Accommodation Services: ₹3,395.13 lakhs (FY26)
- Total Revenue: ₹13,544.70 lakhs (FY26)
Segment Results
- Travel Related Services: ₹1,969.94 lakhs (FY26)
- Accommodation Services: ₹699.66 lakhs (FY26)
- Total Segment Result: ₹2,669.60 lakhs (FY26)
- Unallocated corporate expenses: ₹2,022.20 lakhs (FY26)
Balance Sheet Position (Standalone as at 31-March-2026)
- Total Equity and Liabilities: ₹5,592.45 lakhs
- Share Capital: ₹937.28 lakhs (increased from ₹701.00 lakhs in FY25)
- Reserves and Surplus: ₹2,942.44 lakhs (increased from ₹544.06 lakhs in FY25)
- Total Assets: ₹5,592.45 lakhs
- Cash and Cash Equivalents: ₹1,761.56 lakhs
Cash Flow Statement (Standalone)
- Net Cash from Operating Activities: ₹(326.29) lakhs
- Net Cash used in Investing Activities: ₹(832.77) lakhs
- Net Cash from Financing Activities: ₹2,079.06 lakhs
- Net Increase in Cash: ₹920.00 lakhs
IPO Details and Utilization
The company successfully completed its Initial Public Offer of Equity Shares (face value ₹10 each) comprising:
- Fresh Issue: 23,62,800 Equity Shares
- Offer for Sale: 2,62,800 Equity Shares by Promoter
- Issue Price: ₹107 per Equity Share (including Securities Premium of ₹97)
- Listing: SME Platform of BSE Limited on August 26, 2025
IPO Proceeds Utilization (as of March 31, 2026)
- Total Raised: ₹2,808.92 lakhs
- Amount Utilized: ₹1,286.26 lakhs
- Amount Unutilized: ₹906.23 lakhs (temporarily invested in fixed deposits: ₹900 lakhs)
Breakdown of utilization:
- Capital Expenditure: ₹244.15 lakhs utilized (₹799.46 lakhs unutilized)
- Working Capital Requirement: ₹673.03 lakhs utilized (₹96.97 lakhs unutilized)
- General Corporate Purpose: ₹369.08 lakhs utilized (₹9.80 lakhs unutilized)
- The company will seek approval for extension of time for utilization of pending funds
Investments and Acquisitions
During FY26, the company invested in:
- Holiday One Private Limited (04-03-2026): 100,001 shares (51% shareholding) for ₹45,00,000
- Travflix Tours Limited (31-12-2025): 5,100,00 shares (51% shareholding) for ₹91,800
- Yaia Travel Solutions Private Limited (18-12-2025): 6,000.00 shares (60% shareholding) for ₹60,000
Consolidated Financial Results
Consolidated Performance (Year ended 31-March-2026)
- Total Income: ₹13,794.89 lakhs
- Profit Before Tax: ₹629.52 lakhs
- Profit After Tax: ₹463.03 lakhs
- Profit attributable to Owners: ₹461.08 lakhs
- Minority Interest: ₹1.95 lakhs
- EPS: Basic ₹5.48, Diluted ₹5.48
Consolidated Balance Sheet (as at 31-March-2026)
- Total Equity and Liabilities: ₹5,731.27 lakhs
- Share Capital: ₹937.28 lakhs
- Reserves and Surplus: ₹2,944.40 lakhs
- Minority Interest: ₹(10.39) lakhs
- Total Assets: ₹5,731.27 lakhs
Dividend Declaration
The Board of Directors has recommended a dividend of ₹0.25 per equity share (face value ₹10 each) for FY26, subject to shareholder approval at the ensuing Annual General Meeting.
Additional Information
- The company received no investor complaints during the year with none pending as of March 31, 2026
- Figures for corresponding periods have been regrouped/reclassified where necessary
- The company has two reportable business segments: Travel Related Services and Accommodation Services
- Financial results and audit reports are available on company website: https://www.lgtholidays.com/investors/