jungle camps has secured a significant long-term contract to manage tourism infrastructure in Uttarakhand. The company has been awarded a Letter of Award (LOA) by the Uttarakhand Tourism Development Board (UTDB) for the operation, maintenance, and management of a Tourist Rest House at Devprayag, Tehri Garhwal. This ten-year contract, extendable by an additional five years, mandates an annual license fee of ₹28,22,000, excluding 18% GST, which will escalate by 3% annually.

Contract Terms and Financial Commitments

The agreement stipulates that Jungle Camps India Limited must pay the quoted annual fee in half-yearly advances, due before the 5th day of the relevant month. The initial payment is required upon the signing of the Contract Agreement. Additionally, the operator is obligated to furnish a performance security amounting to ₹25,00,000 via a Demand Draft, Banker’s cheque, or an irrevocable bank guarantee valid for 60 days beyond the contract period.

The contract duration is set for ten years from the signing date, subject to satisfactory performance reviews conducted at least once a year. Provisions exist to extend the contract for a further five years, with each extension not exceeding one year at a time. The operator must also register the agreement with the relevant authority after paying the necessary stamp duty as per the Indian Stamp Act 1899.

Project Details and Stakeholders

project was awarded following a negotiation meeting based on a tender referenced as 8841/2-4-57/2025-26. The LOA, issued by Cdr. Deepak Khanduri (Veteran), Director Infra at UTDB, confirms that the company's proposal submitted on 17-Mar-2026 was accepted. The domestic entity awarding the contract has no specified interest from the promoter or promoter group of Jungle Camps India Limited.

The company is required to confirm its unconditional acceptance and sign the contract within seven days of the LOA issuance. The filing was submitted to the exchanges by Ajay Singh, Director & Chief Financial Officer of Jungle Camps India Limited.

Jungle Camps India [ https://scanx.trade/company/jungle-camps-india-ltd] reported a consolidated net profit of ₹405.20 lakh for the financial year ended March 31, 2026, compared to ₹405.18 lakh in the previous year. Revenue from operations increased to ₹2,327.71 lakh from ₹2,210.01 lakh in FY25. The Board of Directors approved the audited financial results for the quarter, half-year, and year ended March 31, 2026, at a meeting held on May 30, 2026.

M/s. R A Kila & Co., Statutory Auditors, issued a limited review report with an unmodified opinion on the standalone and consolidated financial statements. However, the auditors drew attention to a material matter concerning a land acquisition in Madhya Pradesh. The company had acquired land for ₹1,88,62,000 in October 2025, but later discovered the title was disputed. Consequently, the company initiated legal proceedings, recovered ₹1,34,00,000, and cancelled the sale deed. The balance amount of ₹54,62,000 has been recognised as a current receivable, contingent upon the outcome of the litigation.

Financial Performance

On a standalone basis, the company reported a net profit of ₹209.55 lakh for FY26, up from ₹188.13 lakh in the previous year. Total income for the year stood at ₹1,166.96 lakh, compared to ₹1,080.69 lakh in FY25. For the quarter ended March 31, 2026, standalone net profit was ₹107.13 lakh, with total income of ₹402.02 lakh.

The company’s earnings per share (EPS) on a consolidated basis for FY26 was ₹2.56, compared to ₹3.11 in the previous year. The paid-up equity share capital remained constant at 1,54,98,472 shares of ₹10 each.

Fund Utilisation and Governance

The company disclosed that it had raised ₹2,942.21 lakh through an Initial Public Offer (IPO) in December 2024. As of March 31, 2026, ₹1,585.21 lakh had been utilised, leaving ₹1,357.00 lakh unutilised. Funds were primarily deployed for capital expenditure at Pench National Park and investment in subsidiary Madhuvan Hospitality Private Limited. There was no deviation in the use of issue proceeds.

The Board also approved the appointment of M/s. N K Shekhawat & Co. as the internal auditor for the financial year 2026-27. The related party transactions for the half-year ended March 31, 2026, totalled ₹243.77 lakh, including investments in subsidiaries and remuneration to key managerial personnel.

Consolidated Financial Results (₹ in Lakhs)

Standalone Financial Results (₹ in Lakhs)