Disclosure Context
Mac Hotels Limited (Scrip Code: 541973) submitted a regulatory filing to BSE Ltd. dated November 14, 2026, pursuant to SEBI LODR Regulations 30 and 33. The disclosure covers the outcome of the Board of Directors meeting held on November 14, 2026, which commenced at 3:00 PM and concluded at 3:30 PM.
Financial Results Approval
The Board of Directors considered and approved the Standalone Un-Audited Financial Results of the Company for the half year ended September 30, 2026, along with the Limited Review Report. The financial results were reviewed by the Audit Committee and approved by the Board.
Financial Performance Analysis (Half Year Ended September 30, 2026)
Revenue:
- Revenue from Operations: ₹175.93 lakh
- Other Income: ₹2.18 lakh
- Total Revenue: ₹178.11 lakh
Expenses:
- Cost of Material Consumed: ₹0.03 lakh
- Purchases of Stock-in-Trade: ₹3.16 lakh
- Change in Inventories: ₹-0.03 lakh
- Employee Benefits Expenses: ₹42.42 lakh
- Finance Cost: ₹23.42 lakh
- Depreciation & Amortisation: ₹73.57 lakh
- Other Expenses: ₹31.08 lakh
- Total Expenses: ₹173.63 lakh
Profitability:
- Profit before tax: ₹4.47 lakh
- Tax Expense: ₹0.67 lakh (Current Tax: ₹0.67 lakh, Earlier Years Tax: ₹0, Deferred Tax: ₹0)
- Profit for the period: ₹3.80 lakh
Comparative Figures:
- Half Year Ended September 30, 2025: Revenue ₹210.69 lakh, Profit ₹46.21 lakh
- Full Year Ended March 31, 2026: Revenue ₹247.04 lakh, Loss ₹-12.80 lakh
Share Capital and EPS:
- Paid Up Equity Share Capital: ₹635.64 lakh (increased from ₹563.13 lakh in previous periods)
- Basic and Diluted EPS: ₹0.06
Balance Sheet Position (As at September 30, 2026)
Equity and Liabilities:
- Shareholders' Funds: ₹2,036.74 lakh (Share Capital: ₹635.64 lakh, Reserves & Surplus: ₹1,401.10 lakh)
- Non-Current Liabilities: ₹493.65 lakh (Long Term Borrowings: ₹486.94 lakh, Deferred tax liabilities: ₹6.71 lakh)
- Current Liabilities: ₹270.67 lakh (Trade Payables: ₹71.55 lakh, Other Current Liabilities: ₹199.12 lakh)
- Total: ₹2,801.07 lakh
Assets:
- Non-Current Assets: ₹2,242.11 lakh (Property, Plant & Equipment: ₹1,301.90 lakh, Non-current investments: ₹302.29 lakh, Other non-current assets: ₹638.92 lakh)
- Current Assets: ₹558.96 lakh (Current Investments: ₹121.74 lakh, Inventories: ₹179.58 lakh, Trade Receivables: ₹23.25 lakh, Cash and Cash Equivalents: ₹6.16 lakh, Short Term Loans and Advances: ₹227.24 lakh)
- Total: ₹2,801.07 lakh
Cash Flow Statement (Half Year Ended September 30, 2026)
- Cash from Operating Activities: ₹-138.59 lakh
- Cash from Investing Activities: ₹-701.88 lakh
- Cash from Financing Activities: ₹817.05 lakh
- Net decrease in Cash: ₹-23.42 lakh
- Cash at beginning: ₹46.66 lakh
- Cash at end: ₹23.25 lakh
Preferential Allotment and Fund Utilization
The company raised ₹23.93 crore through preferential allotment/private placement of equity shares/warrants pursuant to resolution dated May 14, 2026. This includes:
- ₹5.17 crore received as 25% for 45,91,903 convertible warrants
- ₹15.50 crore (75% conversion price) yet to be received
Fund Utilization as of September 30, 2026:
- Total amount utilized: ₹8.43 crore
- Working capital including construction & renovation: ₹3.81 crore utilized (out of ₹6.00 crore allocated)
- Purchase of Land: ₹1.35 crore utilized (out of ₹8.50 crore allocated)
- Strategic Investment: ₹3.00 crore utilized (out of ₹6.00 crore allocated)
- General Corporate Purpose: ₹0.26 crore utilized (out of ₹3.43 crore allocated)
- Unutilized amount: ₹59,095 kept in separate bank account
Additional Information
The financial statements were prepared in accordance with AS 25 prescribed under Companies Act, 2013. IND-AS compliance is not applicable as the company is listed on SME Platform of BSE. Segment reporting under AS-17 is not applicable as the business falls in one segment. Balance payables and receivables are subject to confirmation by management.
#Tags: #MacHotels #SEBIDisclosure #FinancialResults #PreferentialAllotment #RegulatoryCompliance #Neutral