Kamat Hotels (India) Limited has released the audio recording of its earnings conference call for the first quarter ended June 30, 2026, and the full fiscal year 2027 (FY27) outlook. The call was held on August 12, 2026, at 12:00 Noon (IST), as previously announced by the company.

The conference call was organized by Valorem Advisors-Investor Relations. Management representatives included Vishal Vithal Kamat, Executive Director; Milind Wadekar, Chief Financial Officer; and Nikhil Singh, Company Secretary and Compliance Officer. The company submitted the compliance letter to the Listing Departments of both BSE Limited and National Stock Exchange of India Limited on August 12, 2026.

Accessing the Recording

Investors and analysts can listen to the full proceedings via the link provided on the company's official website. The recording covers discussions on the Unaudited Standalone and Consolidated Financial Results for Q1FY27.

The announcement was signed by Nikhil Singh, Company Secretary & Compliance Officer, confirming compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Kamat Hotels reported a consolidated net profit of ₹9.69 crore for the first quarter ended June 30, 2026, marking a 131% year-on-year increase from ₹4.23 crore in Q1FY25. The hospitality group’s revenue from operations grew 9.7% to ₹90.54 crore, reflecting steady demand across its portfolio. EBITDA rose to ₹24.6 crore from ₹18.1 crore, with the EBITDA margin expanding significantly to 27.17% from 22% in the corresponding period last year. This performance underscores improved operational efficiency and cost management amid a recovering travel sector.

The Board of Directors approved the unaudited standalone and consolidated financial results on August 11, 2026, pursuant to Regulations 30, 33, 51, and 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statutory auditors N. A. Shah Associates LLP issued limited review reports on both standalone and consolidated statements. In addition to financial approvals, the Board adopted the "Kamat Hotels (India) Limited – Employee Stock Option Scheme 2026" (ESOS 2026), subject to shareholder approval at the upcoming Annual General Meeting.

Financial Performance

The company’s standalone net profit stood at ₹10.63 crore, up 25% from ₹8.50 crore in Q1FY25. Standalone revenue from operations increased 4.2% to ₹58.53 crore. Basic earnings per share (EPS) for the consolidated entity were ₹3.19, compared to ₹1.39 in the previous year’s quarter. Consolidated total income reached ₹93.01 crore, with other income contributing ₹2.48 crore. Total expenses amounted to ₹79.44 crore, including employee benefits of ₹22.02 crore and finance costs of ₹5.86 crore.

Corporate Developments and Disclosures

The Board approved ESOS 2026, allowing grants of up to 8,84,500 options to eligible employees and subsidiaries. The exercise price will be determined by the Nomination and Remuneration Committee at face value, not exceeding the market price on the grant date. Options will vest over time and be exercisable within four years of vesting. M/s. Kirtane & Pandit LLP was reappointed as Internal Auditor for FY2026-27.

The Board also recommended continuing Mr. Vilas Ramchandra Koranne as a Non-Executive Independent Director beyond the age of 75, pending special resolution approval under Regulation 17(1A) of the SEBI LODR Regulations. The 39th Annual General Meeting is scheduled for September 26, 2026, via Video Conferencing.

What the Numbers Show

The divergence between standalone profit growth (25%) and consolidated profit growth (131%) highlights improved performance in subsidiary entities during the quarter. While standalone operations saw moderate revenue expansion, the consolidated bottom line benefited from lower exceptional items and tax efficiencies at the group level. Notably, the absence of exceptional items in the current quarter, compared to prior periods, contributed to cleaner profit figures. Additionally, the recognition of interest income of ₹30.52 lakh on an unrefunded security deposit provided a minor boost to other income, though management continues recovery efforts without making provisions.