Kamat Hotels (India) Limited confirmed that none of its promoters or members of the promoter group have encumbered their shares during the financial year ended March 31, 2026. This declaration ensures that the shareholding structure remains free from pledges or charges, providing stability to the company's ownership base. The disclosure was submitted to the stock exchanges on April 07, 2026, in compliance with regulatory requirements.

The filing was made pursuant to Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Dr. Vithal V. Kamat, Promoter and Executive Chairman & Managing Director, provided the confirmation on behalf of himself and other promoters, the promoter group, and persons acting in concert. The document was digitally signed and submitted to the Listing Departments of BSE Limited and National Stock Exchange of India Limited.

The disclosure explicitly states that no shares held directly or indirectly by the promoters were subject to any encumbrance throughout FY26. This includes shares held by individual promoters as well as entities within the promoter group. The confirmation covers all specified entities listed in the annexure to the filing.

The following table details the promoters and promoter group entities covered under this declaration:

The submission was formally addressed to the exchanges by Nikhil Singh, Company Secretary & Compliance Officer of Kamat Hotels (India) Limited. The letter requested the exchanges to place the disclosure on record.

Kamat Hotels (India) Limited has announced its audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The Board approved the results at a meeting held on May 12, 2026, following a review by the Audit Committee and statutory auditors N. A. Shah Associates LLP. The company has also submitted the transcript of its Q4 & FY26 Earnings Conference Call held on May 13, 2026, to the stock exchanges.

Q4 Consolidated Highlights

Kamat Hotels delivered a strong performance in Q4 on a consolidated basis, with revenue from operations rising to ₹11,011.99 lakhs versus ₹9,237.91 lakhs in the same period last year. EBITDA for the quarter came in at ₹319 million compared to ₹248 million year-on-year, with the EBITDA margin expanding to 28.97% from 26.90%. Consolidated net profit for Q4 grew to ₹1,745.70 lakhs from ₹1,098.74 lakhs in the corresponding period of the prior year. The table below summarises the key Q4 consolidated metrics:

Standalone Financial Performance

On a standalone basis, Kamat Hotels reported total income of ₹29,350.01 lakhs for the year ended March 31, 2026, compared to ₹29,159.09 lakhs in the previous year. Revenue from operations for the full year stood at ₹26,352.90 lakhs against ₹26,448.39 lakhs in the prior year. Net profit for the year came in at ₹4,036.92 lakhs, compared to ₹5,037.31 lakhs in the previous year. The following table summarises the key standalone financial metrics:

Standalone total assets as at March 31, 2026 stood at ₹63,394.59 lakhs, up from ₹57,484.09 lakhs a year ago. Equity (share capital and other equity combined) rose to ₹41,538.71 lakhs from ₹37,420.24 lakhs. Net cash generated from operating activities for the year was ₹5,621.18 lakhs, compared to ₹3,358.32 lakhs in the prior year.

Consolidated Financial Performance

On a consolidated basis, Kamat Hotels reported total income of ₹39,982.77 lakhs for the year ended March 31, 2026, compared to ₹36,479.87 lakhs in the previous year. Revenue from operations grew to ₹38,563.18 lakhs from ₹35,697.01 lakhs. Consolidated net profit for the year stood at ₹3,855.30 lakhs versus ₹4,658.42 lakhs in the prior year. The table below presents the key consolidated financial highlights:

Consolidated total assets as at March 31, 2026 stood at ₹68,027.59 lakhs, up from ₹58,919.91 lakhs in the prior year. Total equity, including non-controlling interest of ₹1,659.19 lakhs, stood at ₹33,260.28 lakhs. Net cash generated from consolidated operating activities for the year was ₹9,771.11 lakhs, compared to ₹6,621.89 lakhs in the previous year. The consolidated results include ILEX Developers & Resorts Limited, which was reclassified from a joint venture to a subsidiary with effect from April 01, 2025.

Management Commentary

During the earnings conference call, Executive Director Mr. Vishal Vithal Kamat highlighted that the company is cautiously optimistic about the future, focusing on domestic demand which remains robust. He noted that while new hotel additions initially impacted occupancy and ARR metrics, these properties are expected to stabilize and contribute to EBITDA growth in FY27. The company faced challenges with project delays due to supply chain issues, specifically regarding LPG availability affecting tile manufacturing. Mr. Kamat also announced the appointment of Mr. Milind Wadekar as the new Chief Financial Officer (CFO), bringing extensive experience from Chalet Hotels and The Leela. Regarding the IRA Mumbai facility, which ceased operations on April 1, 2026, management indicated that while it contributed approximately INR 50 crores to the top line, its exit is expected to be EBITDA positive by INR 1-2 crores annually.