Advent Hotels International Limited reported a consolidated net profit of ₹6,539.87 lakh for the financial year ended March 31, 2026, marking a significant increase from ₹2,714.13 lakh in the previous year. The company’s board approved the audited standalone and consolidated financial results for the fourth quarter and year ended March 31, 2026, during a meeting held on May 19, 2026. Statutory auditors Mehta Chokshi & Shah LLP issued an unmodified opinion on the results.

The consolidated total income for the year stood at ₹39,123.00 lakh, up from ₹36,716.40 lakh in the prior year. Revenue from operations for FY26 was ₹38,759.87 lakh, compared to ₹36,657.42 lakh in FY25. For the quarter ended March 31, 2026, the company reported a net profit of ₹366.85 lakh, with total income of ₹11,792.56 lakh.

On a standalone basis, the company reported a net loss of ₹328.90 lakh for FY26, compared to a net loss of ₹0.98 lakh in the previous year. Total standalone income for the year was ₹898.82 lakh, primarily driven by other income of ₹898.82 lakh, as revenue from operations remained nil. The standalone net loss for the quarter ended March 31, 2026, was ₹442.22 lakh.

The board also approved the dissolution of the Risk Management Committee with immediate effect, as it was voluntarily constituted and not mandatorily required under Regulation 21 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company stated it would reconstitute the committee when required under regulations.

The financial results reflect the impact of the Composite Scheme of Arrangement sanctioned by the NCLT, Mumbai Bench, effective from April 1, 2025, where the hospitality business of Valor Estate Limited was demerged into the company. The transaction was accounted for as a common-control business combination using the pooling of interests method.

Key Financial Metrics

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:

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.

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.