Advani Hotels & Resorts (India) Limited reported a net profit of ₹238.63 crore for the financial year ended March 31, 2026, a decrease from ₹264.36 crore in the prior year. The board approved the audited standalone financial results in a meeting held on May 23, 2026. The company has declared a total dividend payout of 70% for FY26, amounting to ₹1,664 lakhs, and remains debt-free with liquid fund reserves of ₹5,718 lakhs.

Financial Results

For the financial year ended March 31, 2026, the company reported a total income of ₹1,102.03 crore, compared to ₹1,112.06 crore in the previous year. Earnings per share (EPS) for the year was ₹2.58, down from ₹2.86 in the previous year. For the quarter ended March 31, 2026 (Q4FY26), revenue from operations stood at ₹3,550 lakhs, a growth of 5.1% year-on-year, while profit after tax was ₹1,171 lakhs.

Operational Performance

The company achieved an occupancy of 83.8% in Q4FY26, compared to 84.1% in Q4FY25, with total revenue per occupied room per night (TRevPOR) increasing to ₹24,693 from ₹23,432. Annual occupancy for FY26 fell to 73.4% from 82.0% in the previous year, attributed to macroeconomic factors and geopolitical uncertainty. However, TRevPOR for the full year grew by 6.9% to ₹21,086. The company undertook a strategic operational shift by transitioning from LPG-based cooking systems to electric stoves to optimize costs.

Asset Revaluation

The board considered valuation reports from Whitestone Valuers and Consultants Private Limited and ANVI Technical Advisors India Private Limited regarding the land owned by the company at Varca, Goa. Adopting a prudent approach, the board accepted the valuation from Whitestone Valuers. The land value increased from a historical cost of ₹2.56 crores to ₹429.82 crores. Consequently, the board approved a change in accounting policy from the historical cost model to the revaluation model, recognizing an incremental value of ₹427.26 crores as a revaluation surplus.

Dividend Declaration

The board declared a total dividend payout of 70% for FY26. This includes a second interim dividend of 40%, or ₹0.80 per equity share. The record date for determining shareholder eligibility is Friday, May 29, 2026. The dividend will be paid or warrants dispatched by June 20, 2026. The total outgo for this second interim dividend is estimated at ₹739.51 lakhs.

Strategic Initiatives

During FY26, the company initiated the construction of a new banquet facility within the hotel premises, funded entirely through internal accruals. Additionally, the company introduced four dedicated pickleball courts. M/s. BDO India LLP was re-appointed as the internal auditors for the financial year 2026-2027.

Advani Hotels & Resorts (India) Ltd has filed its quarterly compliance certificate with stock exchanges for the quarter ended March 31, 2026. The certificate submission, dated April 10, 2026, fulfills the company's regulatory obligations under SEBI depositories regulations.

Regulatory Compliance Certificate

The company submitted a certificate in accordance with Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The certificate was originally issued by Datamatics Business Solutions Limited, the company's Registrar and Share Transfer Agent (RTA), on April 3, 2026.

Certificate Confirmations

The RTA certificate confirms two key compliance aspects for the quarter:

• Securities comprised in certificates received for dematerialization during the quarter were properly listed on BSE Limited and National Stock Exchange of India Limited
• All certificates underwent due verification, were mutilated and cancelled, with the depository name substituted in RTA records as the registered owner within the mandated 15-day timeframe

Filing Details

Company Secretary and Compliance Officer Milind Nigam signed the submission to both stock exchanges. The filing was addressed to BSE Limited's Corporate Compliance Department and the National Stock Exchange of India, ensuring both primary listing venues received the required documentation.

This quarterly certificate filing represents standard regulatory compliance for listed companies, ensuring transparency in securities dematerialization processes and maintaining proper depository records as mandated by SEBI regulations.