Roopshri Resorts FY26 Net Profit Drops 78% to ₹9.97 Lakh

Key Financial Figures

Financial Performance (FY 2025-26 vs FY 2024-25):

Total Income: ₹325.00 lakh (previous year: ₹206.38 lakh) - 57.5% increase
Revenue from Operations: ₹266.99 lakh (previous year: ₹145.83 lakh) - 83.1% increase
Other Income: ₹58.01 lakh (previous year: ₹60.55 lakh)
Total Expenditure: ₹280.51 lakh (previous year: ₹144.97 lakh)
Profit before Depreciation: ₹44.48 lakh
Depreciation: ₹28.07 lakh (previous year: ₹11.27 lakh)
Profit before Tax: ₹16.41 lakh (previous year: ₹61.09 lakh) - 73.1% decrease
Provision for Taxation: ₹6.44 lakh (previous year: ₹15.96 lakh)
Profit after Tax: ₹9.97 lakh (previous year: ₹45.13 lakh) - 77.9% decrease
Basic EPS: ₹0.14 (previous year: ₹0.63)
Diluted EPS: ₹0.14 (previous year: ₹0.63)

Capital Structure:

Authorized Share Capital: ₹10,50,00,000 divided into 1,05,00,000 equity shares of ₹10 each
Paid-up Capital: ₹7,21,90,200 divided into 72,19,020 equity shares of ₹10 each
No change in share capital during the year

Balance Sheet Position (as at March 31, 2026):

Net Worth: ₹1,561.09 lakh (previous year: ₹1,557.47 lakh)
Total Assets: ₹1,601.93 lakh (previous year: ₹1,684.77 lakh)
Property, Plant & Equipment: ₹654.61 lakh (previous year: ₹178.69 lakh) - 266% increase
Intangible Assets: ₹0.48 lakh (previous year: ₹0.08 lakh)
Cash and Cash Equivalents: ₹374.34 lakh (previous year: ₹934.51 lakh)
Short-term Borrowings: ₹5.47 lakh (previous year: ₹97.84 lakh)
Refundable Security Deposit: ₹550.00 lakh (unchanged from previous year)

Cash Flow Statement:

Cash from Operating Activities: ₹122.22 lakh (previous year: ₹356.87 lakh)
Cash used in Investing Activities: ₹562.40 lakh (previous year: cash generated ₹30.78 lakh)
Cash used in Financing Activities: ₹119.99 lakh (previous year: ₹0.26 lakh)

Capital Expenditure and Expansion

During FY 2025-26, the company capitalized ₹503.93 lakh in fixed assets additions:

Buildings: ₹326.55 lakh
Vehicle: ₹104.24 lakh
Equipment & Accessories: ₹42.10 lakh
Furniture & Fixtures: ₹30.41 lakh
Computers: ₹0.62 lakh

The renovation and expansion program at Hotel Alexander involved progressive reinstatement of full lodging and boarding services. The net block of property, plant and equipment increased to ₹654.61 lakh from ₹178.69 lakh in the previous year.

AGM Details

Thirty-Sixth Annual General Meeting scheduled for Friday, September 11, 2026 at 03:30 PM IST
Meeting to be held through Video Conference (VC)/Other Audio-Visual Means (OAVM)
Ordinary Business:

1. To receive, consider and adopt Audited Financial Statements for FY ended March 31, 2026 with Reports of Board of Directors and Auditors

2. To appoint director in place of Mrs. Sonakshi Shreyas Shah (DIN: 09160599) who retires by rotation and offers herself for re-appointment

Remote E-Voting Arrangements

Remote e-voting period: September 7, 2026 (9:00 AM) to September 10, 2026 (5:00 PM)
Cut-off date for voting rights: September 4, 2026
NSDL appointed as e-voting service provider
Register of Members and Share Transfer Books will remain closed from September 4, 2026 to September 10, 2026 (both dates inclusive)

Board and Committee Composition

Board of Directors:

Executive Directors: Mr. Shreyas Shah (Managing Director w.e.f August 29, 2025)
Non-Executive Directors: Mrs. Sonakshi Shah
Independent Directors: Mr. Tejal Vala, Mrs. Kajal Chhatwal

Key Managerial Personnel:

Mr. Shreyas Shah (Managing Director)
Mr. Abhijeet Bablu Das (Chief Financial Officer)
Ms. Unnati Bhanushali (Company Secretary & Compliance Officer)

Committees:

Audit Committee: Mrs. Tejal Vala (Chairman), Mrs. Sonakshi Shah (Member), Mrs. Kajal Chhatwal (Member)
Stakeholders Relationship Committee: Mrs. Sonakshi Shah (Chairman), Mr. Shreyas Shah (Member), Mrs. Kajal Chhatwal (Member)
Nomination Remuneration Committee: Mrs. Kajal Chhatwal (Chairman), Mrs. Sonakshi Shah (Member), Mrs. Tejal Vala (Member)

Management Changes

Mr. Shreyas Shah's designation changed from Whole-Time Director to Managing Director effective August 29, 2025 for 5 years
Mrs. Sonakshi Shah appointed as Non-Executive Non-Independent Director for 5 years effective April 29, 2026

Auditor Appointments

Statutory Auditors: M/s V. N. Purohit & Co., Chartered Accountants reappointed for second term of 5 years
Secretarial Auditors: M/s JNG & Co. LLP appointed for 5 years commencing FY 2025-26
Internal Auditors: M/s KKMK & Associates reappointed for FY 2026-27 & FY 2027-28

Dividend and Reserves

No dividend recommended for FY 2025-26
No amount transferred to reserves
No amount due for transfer to Investor Education and Protection Fund (IEPF)

Operational Highlights

Company operates Hotel Alexander at Matheran, Maharashtra with 13 private cottage rooms and 12 executive rooms
Total employee strength: 16 (Male: 14, Female: 2)
No material changes in nature of business during the year
No subsidiaries, joint ventures or associate companies
No frauds reported by auditors under Section 143(12) of Companies Act, 2013

Related Party Transactions

All transactions with related parties were in ordinary course of business and at arm's length basis. Key transactions included:

Rent paid to Shrenik J Shah HUF: ₹2.43 lakh
Director sitting fees: ₹1.20 lakh total
Salary payments to KMPs

Corporate Governance

Company exempt from corporate governance requirements as listed on SME platform
Board held 6 meetings during the year with 100% attendance by all directors
Familiarization programs conducted for independent directors
Whistle-blower policy implemented
Risk management framework established

Forward-Looking Statements

The Management Discussion & Analysis contains forward-looking statements about tourism growth expectations, completion of renovation program, and anticipated improvement in operational metrics. These statements are based on current expectations and actual results may differ materially.

Important Dates

AGM Date: September 11, 2026
Book Closure: September 4, 2026 to September 10, 2026
Remote E-voting: September 7, 2026 to September 10, 2026
Financial Statements approved by Board: May 22, 2026