Advent Hotels FY26 Net Profit Rises to ₹6,539.87 Lakh

3 min read     Updated on 22 May 2026, 04:00 AM
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Advent Hotels International Limited announced its audited financial results for the year ended March 31, 2026, reporting a consolidated net profit of ₹6,539.87 lakh, a significant rise from the previous year's ₹2,714.13 lakh. Revenue from operations for the year increased to ₹38,759.87 lakh. However, the fourth quarter saw a decline in net profit to ₹36.69 lakh, impacted by exceptional items and margin contraction, despite revenue growth to ₹1,154.10 crore. The standalone results showed a net loss of ₹328.90 lakh. The company also completed the demerger of Valor Estate Limited's hospitality business and extended the redemption tenure for its preference shares.

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Advent Hotels International Limited has announced its audited standalone and consolidated financial results for the fourth quarter and fiscal year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 19, 2026. The company also filed a revised outcome of the Board Meeting to include the Declaration required under Regulation 33(3)(d) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, confirming that the Statutory Auditors have issued an Audit Report with an unmodified opinion. While the full-year consolidated performance showed strong growth, the fourth quarter reflected margin pressure, with EBITDA and profitability declining on a year-on-year basis. Additionally, the board decided to dissolve the voluntarily constituted Risk Management Committee with immediate effect, as it is not mandatorily required under current regulations.

Consolidated Financial Performance

For the financial year ended March 31, 2026, the company reported a consolidated net profit of ₹6,539.87 lakh, a significant increase compared to ₹2,714.13 lakh in the prior year. Revenue from operations rose to ₹38,759.87 lakh from ₹36,657.42 lakh in the previous year. Total income for the year reached ₹39,123.00 lakh, while profit before tax stood at ₹8,450.97 lakh. Basic and diluted earnings per share (EPS) for the year were reported at ₹11.71.

The following table summarizes the consolidated financial performance:

Particulars: Year Ended 31-Mar-26 (₹ in Lakhs) Year Ended 31-Mar-25 (₹ in Lakhs)
Revenue from Operations: 38,759.87 36,657.42
Total Income: 39,123.00 36,716.40
Total Expenses: 32,656.80 32,366.33
Profit Before Tax: 8,450.97 4,330.02
Net Profit: 6,539.87 2,714.13
Basic EPS (₹): 11.71 4.16

Q4 Performance: Revenue Growth Amid Margin Contraction

The fourth quarter presented a mixed picture for the company. While revenue grew year-on-year, profitability and operating margins came under pressure. Q4 consolidated revenue rose to ₹1,154.10 crore from ₹1,080.63 crore in the same period of the prior year. However, Q4 consolidated net profit declined sharply to ₹36.69 lakh compared to ₹232.77 crore in the corresponding quarter of the previous year.

On the operating front, Q4 EBITDA fell to ₹43.70 crore from ₹52.40 crore year-on-year, reflecting higher cost pressures during the quarter. The EBITDA margin contracted significantly to 37.84% from 48.47% in the year-ago period, indicating that revenue growth was insufficient to offset the rise in operating expenses.

Q4 Metric: Current Quarter Prior Year Quarter Change
Revenue: ₹1,154.10 Cr ₹1,080.63 Cr Increase
Net Profit: ₹36.69 Lakh ₹232.77 Cr Decline
EBITDA: ₹43.70 Cr ₹52.40 Cr Decline
EBITDA Margin: 37.84% 48.47% Contraction

Standalone Financial Results

On a standalone basis, the company reported a net loss of ₹328.90 lakh for the year ended March 31, 2026. Total income for the period was ₹898.82 lakh, driven entirely by other income as revenue from operations remained nil. The standalone results reflect the impact of exceptional items amounting to ₹1,017.58 lakh during the fourth quarter.

Operational Highlights and Corporate Actions

The financial results incorporate the effects of the Composite Scheme of Arrangement sanctioned by the NCLT, which demerged the hospitality business of Valor Estate Limited into Advent Hotels International Limited effective April 1, 2025. Consequently, comparative financial information has been restated to reflect the business combination under common control. The company also reclassified certain assets as "Assets Held for Sale" during the year, including investments in Bamboo Hotel & Global Centre (Delhi) Private Limited and Capital Work-in-Progress. The board further approved the extension of the redemption tenure for 8% Redeemable Non Cumulative Preference Shares from February 5, 2026, to February 5, 2029.

How will the integration of Valor Estate's demerged hospitality business impact Advent Hotels' operational efficiency and revenue mix over the next two to three fiscal years?

What specific cost drivers led to the sharp EBITDA margin contraction in Q4 FY26, and what management strategies are being implemented to restore margins toward the 48% levels seen in the prior year?

Given the reclassification of Bamboo Hotel & Global Centre investments as 'Assets Held for Sale,' what is the expected timeline and valuation for divestiture, and how will proceeds be redeployed?

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Advent Hotels International Limited Postal Ballot Results: 98.43% Shareholder Approval for Disinvestment

2 min read     Updated on 23 Apr 2026, 07:28 AM
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Advent Hotels International Limited secured 98.43% shareholder approval for the disinvestment of shares in Bamboo Hotel And Global Centre (Delhi) Private Limited through postal ballot voting conducted from 21st March to 19th April 2026. The special resolution, which also includes execution of a deed of assignment with Valor Estate Limited for loan transfer, received 7,328,611 votes in favour out of 7,445,504 valid votes polled by 203 shareholders. The scrutinizer confirmed no related parties voted positively for the resolution.

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Advent Hotels International Limited has announced the completion of postal ballot voting results under Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The voting process concluded on 19th April 2026, with the record date set as 13th March 2026. The company sought shareholder approval for a special resolution concerning the disinvestment of shares in Bamboo Hotel And Global Centre (Delhi) Private Limited, an associate company and related party, along with the execution of a deed of assignment with Valor Estate Limited for the transfer of existing outstanding loans granted by the company to Bamboo Hotel And Global Centre (Delhi) Private Limited.

The postal ballot notice was dated 5th March 2026, and the voting was conducted exclusively through e-voting on the platform provided by National Securities Depository Limited (NSDL). The e-voting period was open from 21st March 2026 at 9.00 A.M. IST to 19th April 2026 at 5.00 P.M. IST. Mr. Vicky Kundaliya, Practicing Company Secretary (FCS-7716 & COP-10989) of M/s. V. M Kundaliya & Associates, was appointed as the Scrutinizer to oversee the voting process and prepare the report.

Voting Summary

The total number of shareholders as on the record date of 13th March 2026 stood at 77,600. The company sent postal ballot notices via email to 74,445 members who had registered their email IDs with the company, depositories, or Registrar and Share Transfer Agents. The notice was also published in The Free Press Journal (English) and Navshakti (Marathi) on 21st March 2026.

Category Total Shares Held Valid Votes Polled Votes in Favour Votes Against % in Favour % Against
Promoter and Promoter Group 25,726,068 0 0 0 0.0000 0.0000
Public Institutions 2,019,889 106,895 9,018 97,877 8.4363 91.5637
Public Non-Institutions 26,196,930 7,338,609 7,319,593 19,016 99.7409 0.2591
Total 53,942,887 7,445,504 7,328,611 116,893 98.4300 1.5700

Resolution Outcome

The special resolution was passed by the shareholders with the requisite majority and is deemed to have been passed on the last day of voting, 19th April 2026. A total of 203 shareholders participated in the voting process, casting 7,445,504 valid votes. The resolution received 98.43% approval with 7,328,611 votes in favour, while 116,893 votes (1.57%) were cast against the proposal. No invalid votes were recorded during the process.

The complete results and scrutinizer's report have been made available on the company's website at www.adventint.in and on the National Securities Depository Limited website at www.evoting.nsdl.com . Advent Hotels International Limited, formerly known as Shiva Realtors Suburban Private Limited, is headquartered at 7th Floor, Resham Bhavan, Veer Nariman Road, Churchgate, Mumbai 400 020.

Scrutinizer Details

The postal ballot process was scrutinized by Mr. Vicky M. Kundaliya, Proprietor of V. M. Kundaliya & Associates, Company Secretaries. The scrutinizer confirmed that no related parties voted positively for the resolution as per the notice dated 5th March 2026. The voting was conducted through remote e-voting only, in accordance with Sections 110 and 108 of the Companies Act, 2013, and the relevant rules and circulars issued by the Ministry of Corporate Affairs.

Particulars Number Votes Percentage (%)
Assent 171 7,328,611 98.4300
Dissent 32 116,893 1.5700
Total 203 7,445,504 100.00

What strategic rationale drove Advent Hotels to divest from Bamboo Hotel And Global Centre, and how will this impact their portfolio focus?

How will the proceeds from the disinvestment and loan transfer to Valor Estate Limited be utilized by Advent Hotels?

What does the notable absence of promoter group participation in the voting process signal about management's confidence in the decision?

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