Helloji Holidays FY26 Results: Net profit falls 35% YoY
- Net profit fell 35% YoY to ₹125.28 lakh in FY26
- Revenue declined 1.6% to ₹2,766.06 lakh as expenses rose
- Cash reserves surged to ₹1,223.50 lakh post-SME IPO
- Earnings per share dropped 43.2% to ₹4.49
- No dividend declared for the fiscal year
*this image is generated using AI for illustrative purposes only.
Helloji Holidays reported a 35% year-on-year decline in net profit for the fiscal year ended March 31, 2026. The travel services provider posted a net profit of ₹125.28 lakh, down from ₹192.80 lakh in the previous fiscal year.
Revenue from operations also contracted slightly to ₹2,766.06 lakh from ₹2,812.36 lakh in FY25. The decline in profitability was driven by a rise in total expenses, which increased to ₹2,625.19 lakh from ₹2,538.14 lakh, despite a marginal dip in top-line growth.
Financial Performance
The company’s total income stood at ₹2,785.90 lakh for FY26, compared to ₹2,817.95 lakh in FY25. Other income contributed ₹19.84 lakh, up significantly from ₹5.59 lakh in the prior year, largely due to higher interest income from fixed deposits.
| Metric | FY26 (₹ Lakh) | FY25 (₹ Lakh) | Change |
|---|---|---|---|
| Revenue from Operations | 2,766.06 | 2,812.36 | -1.6% |
| Total Expenses | 2,625.19 | 2,538.14 | +3.4% |
| Net Profit After Tax | 125.28 | 192.80 | -35.0% |
| Earnings Per Share | 4.49 | 7.91 | -43.2% |
Service and procurement costs, which include flight tickets and hotel bookings, rose to ₹2,456.01 lakh from ₹2,396.21 lakh. Employee benefits expense also increased to ₹114.65 lakh from ₹99.55 lakh.
What the Numbers Show
The divergence between rising expenses and stagnant revenue highlights margin pressure. While service procurement costs grew by nearly 2.5%, revenue fell by 1.6%, indicating that cost absorption outpaced sales generation. Additionally, earnings per share dropped sharply by 43.2% to ₹4.49, reflecting both the profit decline and share dilution from recent capital raises.
Capital Raise and Balance Sheet
Helloji Holidays completed its Initial Public Offering on the BSE SME platform in December 2025, raising ₹1,097.40 lakh through a fresh issue of 930,000 equity shares at a premium of ₹108 per share. IPO-related expenses of ₹148.39 lakh were adjusted against the securities premium account.
The balance sheet shows a significant increase in cash and bank balances to ₹1,223.50 lakh as of March 31, 2026, up from ₹483.45 lakh in the previous year. This liquidity boost is primarily attributable to the proceeds from the SME IPO. Trade receivables also surged to ₹547.47 lakh from ₹303.03 lakh, suggesting a potential lag in collections relative to sales volume.
Corporate Governance Updates
The company’s Board of Directors approved the reappointment of Hitesh Kumar Singla and Nikhil Singla as directors. Umesh Aggarwal was appointed as an independent director effective May 28, 2026. The Board also authorized related party transactions up to ₹5 crore per financial year, including managerial remuneration and rent agreements with promoters.
No dividend was recommended for FY26. The 15th Annual General Meeting is scheduled for September 18, 2026, in New Delhi.
Historical Stock Returns for Helloji Holidays
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| 0.0% | 0.0% | +7.43% | -5.66% | -7.22% | -7.22% |
How will Helloji Holidays deploy the ₹1,223.50 lakh cash reserve from its IPO to reverse the 35% profit decline and improve operational margins?
What specific cost-control measures will management implement to address the 3.4% rise in total expenses despite stagnant revenue?
Given the surge in trade receivables to ₹547.47 lakh, what strategies are in place to accelerate collections and mitigate potential bad debt risks?
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