Board Meeting Details

The Board of Directors meeting was held on 28th May 2026, commencing at 5:40 PM and concluding at 6:30 PM.

Key Board Approvals

Under Regulation 33

  • Approved Audited Financial Results for quarter and financial year ended 31st March 2026
  • Confirmed unmodified opinion from statutory auditors M/s V Singhi & Associates on the audited financial results

Under Regulation 30

  • Approved Company's right to exercise its Buy Option for the hotel property asset Hyatt Regency, Mumbai
  • The buy option is to the extent of the Company's entitlement under the Framework Agreement
  • Subject to completion of formalities under the Agreement and consummation of the transaction as contemplated therein

Financial Performance (Rs. in Lakhs)

Quarter Ended 31.03.2026 vs 31.03.2025

  • Revenue from Operations: 4,029.17 (vs 3,962.12 previous year)
  • Other Income: 376.72 (vs 947.87 previous year)
  • Total Income: 4,405.89 (vs 4,909.99 previous year)
  • Net Profit before tax: 1,045.04 (vs 1,395.32 previous year)
  • Tax Expense: 269.59 (Deferred Tax)
  • Net Profit after tax: 775.45 (vs 1,028.01 previous year)
  • Basic EPS: Rs. 4.48 (vs Rs. 5.95 previous year)

Financial Year Ended 31.03.2026 vs 31.03.2025

  • Revenue from Operations: 14,827.02 (vs 13,628.04 previous year)
  • Other Income: 1,748.41 (vs 1,993.33 previous year)
  • Total Income: 16,575.44 (vs 15,621.37 previous year)
  • Net Profit before tax: 3,366.00 (vs 2,208.70 previous year)
  • Tax Expense: 886.16 (Deferred Tax) + 9.58 (Current Tax for earlier years)
  • Net Profit after tax: 2,470.26 (vs 1,645.90 previous year)
  • Basic EPS: Rs. 14.29 (vs Rs. 9.52 previous year)

Balance Sheet Position (as at 31.03.2026)

Assets (Rs. in Lakhs)

  • Total Assets: 92,634.33 (vs 90,568.98 previous year)
  • Non-current Assets: 67,800.39 (Property, Plant and Equipment: 62,476.46)
  • Current Assets: 24,833.94 (Includes Loans: 17,480.48, Investments: 1,753.51)

Equity and Liabilities (Rs. in Lakhs)

  • Total Equity: 74,206.75 (Equity Share Capital: 1,729.17, Other Equity: 72,477.58)
  • Non-current Liabilities: 14,469.68 (Borrowings: 14,327.28)
  • Current Liabilities: 3,957.90 (Borrowings: 836.64)

Cash Flow Statement (Year Ended 31.03.2026)

  • Net cash from Operating Activities: 4,563.63
  • Net cash used in Investing Activities: (3,675.92)
  • Net cash used in Financing Activities: (1,763.12)
  • Net decrease in Cash and Cash Equivalents: (875.41)
  • Cash and Cash Equivalents at year end: 268.03 (vs 1,143.44 at beginning)

Additional Information

  • Paid-up Equity Share Capital: 1,729.17 lakhs (Face Value Rs. 10/-)
  • Reserves excluding Revaluation Reserves: 54,997.88 lakhs
  • The company has no Subsidiary, Associates or Joint Venture Companies
  • Segment reporting not applicable as company is engaged solely in Hotel Business
  • Figures for previous periods have been re-grouped/rearranged to conform to current period's classification