H S India Limited Confirms Non-Large Corporate Entity Status in BSE Disclosure

1 min read     Updated on 14 Apr 2026, 12:41 PM
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H S India Limited submitted a regulatory disclosure to BSE confirming its non-qualification as a Large Corporate Entity under SEBI regulations. The company reported outstanding borrowings of Rs. 12.43 crores as of March 31, 2026, falling below Large Corporate Entity threshold criteria. The disclosure was made in compliance with SEBI circulars and was digitally signed by the Company Secretary and Chief Financial Officer on April 14, 2026.

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H S India Limited has formally disclosed to BSE Limited that it does not qualify as a Large Corporate Entity under the regulatory framework established by the Securities and Exchange Board of India. The company submitted this disclosure on April 14, 2026, in compliance with mandatory reporting requirements.

Regulatory Compliance Details

The disclosure was made in reference to SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018, read with SEBI Circular No. SEBI/HO/DDHS/DDHS-RACPOD1/P/CIR/2023/172 dated October 19, 2023. These circulars establish the framework for identifying and regulating Large Corporate Entities in the Indian capital markets.

Financial Position Summary

The company provided key financial details as part of its disclosure requirements:

Parameter Details
Company Name H S India Limited
CIN L55100MH1989PLC053417
Outstanding Borrowings (March 31, 2026) Rs. 12.43 crores
Credit Rating Status Not Applicable
Designated Stock Exchange BSE Limited

Large Corporate Entity Classification

H S India Limited confirmed that it does not meet the applicability criteria for Large Corporate Entity classification under the SEBI framework. The outstanding borrowings of Rs. 12.43 crores as of March 31, 2026, appear to be below the threshold requirements that would classify the company as a Large Corporate Entity.

Authorized Signatories

The disclosure was digitally signed by two key officials of the company. Hitesh Limbani, Company Secretary (FCS-12568), and Ramesh Bansal, Chief Financial Officer (DIN: 00086256), both authenticated the document on April 14, 2026. The digital signatures were applied at 12:02:20 and 11:54:45 respectively, with proper timestamp verification.

Corporate Information

H S India Limited operates with its registered office located at Unit No. 202, Morya Blue Moon, Off New Link Road, Andheri West, Mumbai – 400053, Maharashtra. The company maintains operational presence in Surat, Gujarat, with facilities at Delhi Gate, opposite Linear Bus Stand, Ring Road, Surat - 395003. The company trades on BSE under the code 532145.

Historical Stock Returns for HS India

1 Day5 Days1 Month6 Months1 Year5 Years
+1.76%+13.29%+3.29%-19.12%-11.93%+134.54%

What growth trajectory would H S India Limited need to achieve to potentially qualify as a Large Corporate Entity in future years?

How might the company's borrowing strategy change now that it has confirmed its non-LCE status under SEBI regulations?

Will H S India Limited face any competitive disadvantages in accessing capital markets compared to Large Corporate Entities?

HS India Limited Reports Q3FY26 Results: Net Profit Declines 14.3% to ₹62.39 Lakhs

1 min read     Updated on 10 Feb 2026, 06:15 PM
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HS India Limited reported Q3FY26 net profit of ₹62.39 lakhs, declining 14.3% year-on-year from ₹72.83 lakhs, while revenue from operations decreased 2.0% to ₹708.54 lakhs. Despite the annual decline, the company showed strong sequential improvement with net profit surging 445.9% from Q2FY26. For nine months, net profit fell 11.3% to ₹86.32 lakhs while revenue declined 3.9% to ₹1,883.13 lakhs. The hospitality company maintained effective cost control and compliance with regulatory requirements.

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HS India Limited announced its unaudited financial results for the quarter and nine months ended December 31, 2025, revealing a mixed performance with declining year-on-year profitability but strong sequential quarterly improvement. The hospitality company, operating under the "Hotelier" segment, reported these results following a board meeting held on February 10, 2026.

Financial Performance Overview

The company's financial metrics for Q3FY26 showed contrasting trends when compared to different periods:

Metric Q3FY26 Q3FY25 YoY Change Q2FY26 QoQ Change
Revenue from Operations ₹708.54 lakhs ₹722.99 lakhs -2.0% ₹581.21 lakhs +21.9%
Total Revenue ₹717.29 lakhs ₹733.27 lakhs -2.2% ₹590.45 lakhs +21.5%
Net Profit ₹62.39 lakhs ₹72.83 lakhs -14.3% ₹11.43 lakhs +445.9%
Basic EPS ₹0.38 ₹0.45 -15.6% ₹0.07 +442.9%

Quarterly Performance Analysis

While the year-on-year comparison shows declining metrics, HS India demonstrated remarkable sequential improvement. The company's net profit of ₹62.39 lakhs in Q3FY26 represented a substantial recovery from the ₹11.43 lakhs reported in Q2FY26. Revenue from operations also showed strong quarterly momentum, increasing 21.9% from the previous quarter.

Nine-Month Performance

For the nine-month period ended December 31, 2025, the company's performance reflected the challenging operating environment:

Parameter 9M FY26 9M FY25 Change
Revenue from Operations ₹1,883.13 lakhs ₹1,960.40 lakhs -3.9%
Net Profit ₹86.32 lakhs ₹97.32 lakhs -11.3%
Basic EPS ₹0.53 ₹0.60 -11.7%

Expense Management

The company's total expenses for Q3FY26 stood at ₹634.90 lakhs compared to ₹645.69 lakhs in Q3FY25, showing effective cost control measures. Key expense categories included employee benefits expense of ₹166.82 lakhs, other expenditure of ₹218.42 lakhs, and purchases of stock-in-trade worth ₹130.73 lakhs.

Corporate Governance and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors during their meeting on February 10, 2026. The statutory auditors K. K. Haryani & Co. conducted a limited review of the financial results, confirming compliance with Indian Accounting Standards and SEBI regulations. The company maintains its paid-up share capital at ₹1,623.84 lakhs with a face value of ₹10.00 per equity share.

Historical Stock Returns for HS India

1 Day5 Days1 Month6 Months1 Year5 Years
+1.76%+13.29%+3.29%-19.12%-11.93%+134.54%

More News on HS India

1 Year Returns:-11.93%