Advent Hotels International Ltd

Advent Hotels International Ltd has announced its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The Board of Directors approved these results in a meeting held on August 6, 2026. The company also submitted the Limited Review Reports from its statutory auditors. A key point highlighted is the accounting treatment for a scheme of arrangement involving the demerger of hospitality business, which has been accounted for as if it occurred from the company's incorporation date, with restated comparative figures for the prior year's quarter.

Advent Hotels International's consolidated Q1 FY27 (quarter ended 30 June 2026) revenue was flat YoY at ₹80.52 Cr (+0.1%), while consolidated PAT of ₹6.75 Cr looks like a 79% YoY decline against ₹32.51 Cr in Q1 FY26 — but that comparison is misleading. The year-ago quarter carried a ₹41.58 Cr exceptional gain with no equivalent item this quarter (nil exceptional item in Q1 FY27). Stripping the one-off from both periods, adjusted PAT grew roughly 77% YoY off a small operating base, with consolidated OPM (pre-exceptional operating profit/revenue from operations) expanding to 14.0% from 6.7% a year ago. QoQ, revenue fell 30% and OPM compressed from an estimated 23-24% in Q4 FY26 to 14.0% — Q4 (Jan-Mar) is the seasonally stronger period for Indian hospitality, so the sequential dip reads as seasonality, not deterioration. Standalone PAT of ₹89.55 Cr (EPS ₹16.60) is not representative of the group's operating performance: it is driven almost entirely by a ₹90.03 Cr gain on the Company's sale of a 21,978 sq. m Sahar (Andheri) land parcel to wholly-owned subsidiary ACHIL for ₹275 Cr — an intercompany transaction eliminated on consolidation, which is why the consolidated statement shows no exceptional item this quarter despite the standalone jump. Two corporate actions this quarter tie back to that land transfer: post quarter-end, Prestige Estates Projects agreed (3 July 2026) to acquire a 50% equity stake in ACHIL for ₹504 Cr, effectively monetising part of the transferred parcel via a JV structure; separately, the Company invested ₹10.95 Cr in preference shares of subsidiary BDP on 1 July 2026, with accounting recognition deferred to Q2 FY27. No street estimates or management guidance exist for this stock — it carries no analyst coverage per available market data, and no press-release commentary or forward guidance accompanies this filing, so vs-street and vs-guidance are both unknown. Separately, the pending transfer of the Bamboo Hotel & Global Centre (Delhi) JV stake and loan to Valor Estate Ltd remains unresolved as of 30 June 2026, awaiting lender NOC, with ₹1,655.59 Cr of associated borrowings still held pending that transfer.

Advent Hotels International Ltd has announced that its Board of Directors will convene on August 6, 2026. The primary agenda item for this meeting is to consider and approve the unaudited standalone and consolidated financial results for the first quarter and three months ended June 30, 2026. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Advent Hotels International Ltd has executed an Investment Agreement with Prestige Estates Projects Limited to form a 50:50 joint venture for its subsidiary, Advent Convention and Hotels International Limited (ACHIL). Prestige Estates will acquire a 50% stake in ACHIL for ₹504 Crores. This transaction transforms ACHIL from a wholly-owned subsidiary into a joint venture entity. The deal aligns with a prior framework agreement for the joint development of a strategic land parcel in Mumbai, which was previously owned by Esteem Properties and subsequently transferred to ACHIL as the SPV for the project.

Advent Hotels International Ltd announced the approval by its Board of Directors to acquire the entire 10,95,000 9% Non-Cumulative Redeemable Preference Shares of its subsidiary, BD and P Hotels (India) Private Limited (BDP). The acquisition, valued at approximately ₹10.95 crore, involves purchasing shares from existing preference shareholders. This move is to facilitate the creation of security for senior, secured, interest-bearing, redeemable non-convertible debentures (NCDs) to be issued by BDP and another subsidiary, Goan Hotels & Realty Private Limited. The transaction is considered a related party transaction, with the promoter/promoter group having an interest, but is being conducted at arm's length. The acquisition is expected to be completed within 30 days.

Advent Hotels International Ltd has announced the closure of its trading window for designated and connected persons, including their immediate relatives. This closure is effective from July 1, 2026, and is in preparation for the consideration of the unaudited financial results for the first quarter and three months ending on June 30, 2026. The trading window will reopen 48 hours after the financial results are made publicly available. This measure is in compliance with SEBI regulations and the company's internal code of conduct.

Advent Hotels International Ltd has released its audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026. The board of directors approved these results in their meeting held on May 19, 2026. The company also announced the dissolution of its Risk Management Committee, which was voluntarily constituted and not mandatory under SEBI regulations. The audit reports were issued with an unmodified opinion.

Advent Hotels International Ltd has released its audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026. The Board of Directors approved the results in a meeting held on May 19, 2026. Additionally, the board approved the dissolution of the Risk Management Committee, which was voluntarily constituted and not mandatory under SEBI regulations. The audit reports were issued with an unmodified opinion.

Advent Hotels International Ltd's Board of Directors approved the audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026, in a meeting held on May 19, 2026. The board also approved the dissolution of the Risk Management Committee, which was voluntarily constituted and not mandatory under SEBI regulations. Mehta Chokshi & Shah LLP provided an Independent Auditor’s Limited Review Report, stating a true and fair view of the company's financial results.

Advent Hotels International Ltd has announced the audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026, following a board meeting held on May 19, 2026. The board also approved the dissolution of the Risk Management Committee, which was voluntarily constituted and not mandatory under SEBI regulations. Mehta Chokshi & Shah LLP provided an independent auditor's limited review report, stating that the financial results present a true and fair view in accordance with Indian Accounting Standards.