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.

Key Business Considered

1. Approval of draft Standalone and Consolidated Financial Results for half year and year ended 31st March 2026

2. Declaration of dividend at ₹0.25 (Twenty Five paise only) per equity share, subject to shareholders' approval

Financial Results Overview

Standalone Financials (Year ended 31-Mar-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

Consolidated Financials (Year ended 31-Mar-2026)

  • Revenue from Operations: ₹13,699.21 lakhs
  • Total Income: ₹13,794.89 lakhs
  • Total Expenses: ₹13,165.37 lakhs
  • Profit before Tax: ₹629.52 lakhs
  • Tax Expenses: ₹166.49 lakhs (Current Tax: ₹149.08 lakhs, Deferred Tax: ₹15.51 lakhs, Prior Period Tax: ₹1.90 lakhs)
  • Profit after Tax: ₹463.03 lakhs
  • Profit attributable to Owners: ₹461.08 lakhs
  • Minority Interest: ₹1.95 lakhs
  • Earnings Per Share: Basic ₹5.48, Diluted ₹5.48

Balance Sheet Position (Standalone as at 31-Mar-2026)

  • Total Equity and Liabilities: ₹5,592.45 lakhs
  • Share Capital: ₹937.28 lakhs (increased from ₹701.00 lakhs in previous year)
  • Reserves and Surplus: ₹2,942.44 lakhs (increased from ₹544.06 lakhs in previous year)
  • Total Assets: ₹5,592.45 lakhs
  • Cash and Cash Equivalents: ₹1,761.56 lakhs (increased from ₹841.56 lakhs in previous year)

Segment Reporting (Standalone)

The company operates in two reportable segments:

1. Travel Related Services: Revenue ₹10,149.57 lakhs, Result ₹1,969.94 lakhs

2. Accommodation Services: Revenue ₹3,395.13 lakhs, Result ₹699.66 lakhs

IPO Completion and Utilization

During FY 2025-26, the company successfully completed its Initial Public Offer 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 26th August 2025

IPO Proceeds Utilization (as of 31-Mar-2026)

  • Total Funds Raised (net of expenses): ₹2,192.49 lakhs
  • Amount Utilized: ₹1,286.26 lakhs
  • Unutilized Amount: ₹906.23 lakhs (temporarily invested in fixed deposits: ₹900 lakhs)

Breakdown of utilization against objects:

  • 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 shall seek approval for extension of time for utilization of pending funds in ensuing Board Meeting and AGM.

Subsidiary Investments

During the year, the company invested in:

1. Holiday One Private Limited (04-03-2026): 100,001 shares (51% stake) for ₹45,00,000

2. Travflix Tours Limited (31-12-2025): 5,100,00 shares (51% stake) for ₹91,800

3. Yaia Travel Solutions Private Limited (18-12-2025): 6,000.00 shares (60% stake) for ₹60,000

Dividend Declaration

The Board of Directors has recommended a dividend of ₹0.25 per equity share (face value ₹10 each) for FY ended 31 March 2026, subject to shareholders' approval at the ensuing Annual General Meeting.

Investor Relations

  • No investor complaints received during the year
  • No complaints pending as on 31st March 2026