ADVANI HOTELS & RESORTS (INDIA) LTD.

Advani Hotels & Resorts (India) Ltd. announced its unaudited standalone financial results for the quarter ended June 30, 2026 (Q1 FY27). The company reported a total income of ₹2,205.03 lakhs, a 5.5% year-on-year increase from ₹2,088.86 lakhs in Q1 FY26. Revenue from operations grew by 5.5% YoY to ₹2,102.08 lakhs, driven by improved occupancy levels to 76.3% and stable revenue per occupied room. However, Profit After Tax (PAT) saw a decline to ₹138.63 lakhs from ₹235.06 lakhs in the prior year, primarily due to higher operating expenses. These increased expenses were attributed to rising diesel prices, repair and maintenance activities, and costs associated with implementing new property management and point-of-sale software. The company remains debt-free and is progressing with strategic initiatives including a new banquet hall and event pool, and plans for capacity addition of 28-56 keys. Asset valuation has been updated, with the land parcel value reinstated to approximately ₹430 crore.

Advani Hotels & Resorts (standalone — the company has no subsidiaries and does not prepare consolidated results) reported Q1 FY27 (quarter ended June 30, 2026) revenue from operations of ₹21.02 Cr, up 5.5% YoY from ₹19.92 Cr, but down 40.8% QoQ from ₹35.51 Cr as the December-March peak season gave way to the slower monsoon quarter — management explicitly notes (note 6) that Q1 is not representative of full-year performance for the seasonal hotel business. Standalone PAT of ₹1.39 Cr fell 41.0% YoY from ₹2.35 Cr and 88.2% QoQ from ₹11.71 Cr, with net margin (PAT/total income) compressing to 6.3% from 11.3% a year ago and 32.2% last quarter. There were no exceptional items in either the current or year-ago quarter, so the entire margin squeeze came from operating costs, not one-offs. Total expenses rose 14.1% YoY to ₹20.21 Cr against just 5.5% revenue growth, driven mainly by other expenses (+31% YoY to ₹8.56 Cr): management's own notes attribute this to diesel prices rising from roughly ₹88 to ₹137 per litre amid Gulf-region geopolitical developments, plus higher repair/maintenance spend and training costs tied to rolling out the new OPERA property-management and Symphony point-of-sale systems (note 11). Against Street, the print beat expectations — Uniresearch had pencilled in Q1 revenue declining to ~₹18 Cr and PAT near ₹1 Cr (both down YoY); the actual ₹21.0 Cr revenue and ₹1.39 Cr PAT beat both legs, even though profit still fell YoY in absolute terms. The company has no formal guidance on record to measure this quarter against. The same board meeting also approved a capacity expansion of 28-56 additional keys at the Caravela Beach Resort (versus 196 existing keys, running at 73.4% utilization), a roughly ₹75 lakh-per-key investment funded from internal accruals over two years, aimed at large weddings and MICE business alongside a new banquet hall and event pool under construction — a growth initiative with no P&L impact yet this quarter.

Advani Hotels & Resorts (India) Ltd has announced that its Board of Directors will convene on August 14, 2026. The primary agenda item for this meeting is to consider and approve the Unaudited Financial Results for the quarter ended June 30, 2026. In compliance with SEBI regulations, the company has also informed about the closure of the trading window for designated persons, which will remain shut until 48 hours after the declaration of these financial results.

Advani Hotels & Resorts (India) Ltd has filed a disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The promoter and promoter group have declared that as of June 30, 2026, they have not made any encumbrance of shares, directly or indirectly. This filing is a routine compliance requirement to ensure transparency regarding promoter holdings and any potential pledging of shares.

Advani Hotels & Resorts (India) Ltd. has filed a complaint with SEBI against Simply Wall Street Pty Ltd (SWS) for alleged serious and blatant violations of SEBI regulations. The company claims SWS publishes factually inaccurate, incomplete, and misleading research reports concerning Advani Hotels on its website, www.simplywall.st. These reports allegedly violate SEBI (Research Analysts) Regulations, 2014, by operating without SEBI registration and failing to disclose necessary agreements or registration status. Advani Hotels highlights specific inaccuracies in SWS's dashboard content regarding dividends and director numbers, asserting that SWS disseminates financial data and investment recommendations from outside India without proper compliance, potentially exposing retail investors to manipulative advice and impacting market integrity.

Advani Hotels & Resorts (India) Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The trading window will be shut from July 1, 2026, and will reopen 48 hours after the declaration of the Unaudited Financial Results for the quarter ending June 30, 2026. Designated persons and their immediate relatives are prohibited from trading during this period to ensure adherence to insider trading norms. The date of the board meeting to approve these financial results will be communicated separately.

Advani Hotels & Resorts (India) Ltd. has lodged a complaint with SEBI against InfinHub Market Technologies FZ-LLC, operator of www.marketsmojo.com. The complaint alleges that MarketsMojo systematically publishes research reports and investment recommendations on Indian securities without being registered as a research analyst or entity with SEBI, violating the SEBI (Research Analysts) Regulations, 2014. Advani Hotels specifically highlighted the publication of factually incorrect financial data, such as an "unsustainable 133% dividend payout ratio" when the actual was approximately 66%, and misleading investment recommendations. The company states that MarketsMojo's articles, particularly after a November 2025 board meeting, contained false information and made inappropriate historical comparisons, potentially exposing retail investors to manipulative advice and distorting valuations, thereby undermining market integrity.

Advani Hotels & Resorts (India) Ltd's Board of Directors met on June 12, 2026, to consider valuation reports for its operating business undertaking (Caravela Beach Resort Goa) and the 'Caravela' brand. Two independent valuers, Whitestone and ANVI, provided reports. The Board adopted the lower valuations: Rs. 828.50 crores for the asset on an as-is-where-is basis, Rs. 982.00 crores for the asset with the new banquet space completed, and Rs. 81.88 crores for the 'Caravela' brand. These valuations are for internal decision-making and compliance with SEBI regulations.

Advani Hotels & Resorts (India) Ltd reported a 5.1% YoY increase in Q4FY26 revenue, reaching ₹3,632 lakhs. The company sustained operating margins above 40% during the quarter and declared a 70% dividend payout for FY26. Despite challenges like geopolitical uncertainty and reduced foreign tourist inflows, Advani Hotels maintained a stable occupancy rate of 83.8% in Q4 FY26. The company also reinstated the value of its land parcel to approximately ₹430 crore and is funding a new banquet facility through internal accruals.

Advani Hotels & Resorts (India) Ltd declared a second interim dividend of ₹0.80 per equity share (40% on face value of ₹2) for the financial year 2025-2026. The dividend will be paid to shareholders on record as of May 29, 2026, and payments/warrants will be dispatched by June 20, 2026, subject to tax deduction at source. The board also approved audited standalone financial results for the year ended March 31, 2026, and re-appointed M/s. BDO India LLP as Internal Auditors for FY 2026-27.