Financial Performance Highlights

Standalone Performance (FY 2025-26)

  • Revenue from operations: ₹4,535.94 million (9.82% growth from ₹4,130.76 million in FY25)
  • Other income: ₹176.99 million (decreased from ₹189.74 million)
  • Total income: ₹4,712.93 million (9.08% growth)
  • EBITDA: ₹1,013.52 million (21.5% of total income)
  • Profit before exceptional item and tax: ₹327.96 million
  • Exceptional item: ₹33.43 million (employee-benefit charge from new labour codes)
  • Profit before tax: ₹294.52 million
  • Profit after tax: ₹229.50 million
  • Total comprehensive income: ₹232.04 million
  • EPS (basic & diluted): ₹4.76

Consolidated Performance (FY 2025-26)

  • Revenue from operations: ₹4,764.70 million (9.22% growth from ₹4,362.49 million)
  • Profit after tax: ₹207.22 million
  • Total comprehensive income: ₹231.61 million
  • EPS (basic & diluted): ₹4.52
  • The parent company contributed 111% of the consolidated profit

Dividend Declaration

  • Board recommended dividend of ₹1 per equity share (10% on face value of ₹10)
  • Record date: September 4, 2026
  • Dividend payment date: On or after September 14, 2026, subject to shareholders' approval
  • Total dividend outflow: ₹4.83 crore (21% of standalone profits)

Operational Highlights

  • Network comprised 121 restaurants and confectioneries (including 7 franchisee owned company operated)
  • 11 cloud kitchens and 40 confectionaries
  • International presence: 2 'Asia Kitchen by Mainland China' restaurants in Dubai, 1 in Muscat (Oman), and 1 'Chourangi' restaurant in London
  • Delivery represented 27.74% of relevant standalone sales
  • Same-store sales growth: 2.4%
  • Gross margin: approximately 71% (70% in previous year)
  • Opened 9 new restaurants during the year

Corporate Actions

27th Annual General Meeting

  • Date: September 11, 2026
  • Time: 4:00 PM IST
  • Mode: Video Conferencing/Other Audio Visual Means
  • Business:

1. Adoption of financial statements

2. Declaration of dividend

3. Re-appointment of directors (Mr. Avik Chatterjee and Mr. Aditya Ghosh)

Scheme of Arrangement

  • NCLT Kolkata Bench approved demerger of leasehold land at Bhubaneswar to Speciality Hotels India Private Limited
  • Scheme effective from December 13, 2025 with appointed date of October 1, 2022
  • No impact on Statement of Profit and Loss for FY26 or FY25

Leadership Changes

  • Mr. Avik Chatterjee appointed as Whole-time Director & CEO effective June 1, 2026
  • Mr. Avik Chatterjee joined company in 2015 as Head of Innovation and New Formats, inducted to Board in 2020

Subsidiaries

  • Wholly owned subsidiaries: Speciality Hospitality UK Limited, Speciality Hospitality US Inc., Speciality Restaurants L.L.C-FZ (incorporated November 20, 2025)
  • Step-down subsidiary: Caterland Hospitality Limited
  • Speciality Hotels India Private Limited (68.04% owned)

Financial Risk Management

  • Liquidity Risk: No outstanding borrowings; strong liquidity with cash, cash equivalents, and operational cash flows
  • Credit Risk: Minimal exposure with no significant past due trade receivables
  • Market Risk: Foreign currency exposure of USD 0.22 million and GBP 0.02 million; commodity price volatility in meat, cheese, vegetables
  • Contingent Liabilities: ₹2,899.00 lakhs relating to sales tax, income tax, service tax, and GST demands

Capital Structure

  • Authorized share capital: ₹67.00 crore (6.00 crore equity shares + 70.00 lakh preference shares)
  • Paid-up equity share capital: ₹48.24 crore (4.82 crore equity shares)
  • No change in share capital during the year

Key Ratios

  • Debtors turnover: 75.38 times (63.10 times in FY25)
  • Inventory turnover: 15.34 times (16.76 times in FY25)
  • Current ratio: 2.52 (2.57 in FY25)
  • Operating profit margin: 10.4% (10.2% in FY25)
  • Net profit margin: 5.1% (5.2% in FY25)
  • Return on net worth: 6.6% (6.7% in FY25)

Auditor Details & Key Audit Matters

  • Statutory Auditors: Singhi & Co. (reappointed for 5 years till 2029 AGM)
  • Secretarial Auditors: T. Chatterjee and Associates
  • Key Audit Matters: Revenue recognition across multiple units and franchise arrangements; Implementation of Ind AS 116 Leases with significant impact on assets and liabilities
  • Unqualified opinion on financial statements

Compliance Status

  • Secretarial Audit Report contains no qualifications, reservations or adverse remarks
  • Statutory Auditors reported no fraud under Section 143(12) of Companies Act
  • Company complied with all applicable Secretarial Standards
  • Corporate governance certifications confirm director compliance and no disqualifications

Employee Statistics

  • Total permanent employees: 2,512
  • Permanent workers: 78
  • Employees other than permanent: 58
  • Total workforce: 2,570

CSR Activities

  • CSR obligation: ₹53.72 lakh (2% of average net profit)
  • Amount spent: ₹5.00 lakh on 'Child Development Centre' project
  • Unspent amount transferred to Unspent CSR Account: ₹48.72 lakh

Credit Rating

  • CRISIL rating: 'CRISIL A-/Stable' for bank facilities of ₹4.90 crore
  • Facility not availed, no amount outstanding

Subsequent Events

  • No subsequent events requiring adjustment to financial statements
  • Company committed AED 1,00,000 towards wholly owned subsidiary Speciality Restaurants L.L.C-FZ incorporation