Sinclairs Hotels announced its audited financial results for the financial year ended March 31, 2026. The company reported a total income of ₹6,241.90 lakh for the year, compared to ₹5,961.36 lakh in the previous year. Revenue from operations rose to ₹5,923.91 lakh from ₹5,342.37 lakh in FY25, reflecting growth of 10.89% in topline performance. The EBITDA for the year amounted to ₹2,215.39 lakh, down from ₹2,451.10 lakh in the prior year. The decline in EBITDA, Profit Before Tax, and Profit After Tax was largely attributed to a diminution in the value of investments in the last quarter due to a steep fall in the market.

For the quarter ended March 31, 2026, the company reported a net loss of ₹85.98 lakh, contrasting with a profit of ₹378.49 lakh in the corresponding quarter of the previous year. This quarterly decline was attributed to a diminution in the fair value of investments amounting to ₹490.21 lakh included in the loss before tax. However, the full-year performance remained profitable, with the company posting a net profit of ₹905.44 lakh for FY26, down from ₹1,399.68 lakh in the prior year.

Board Decisions and Dividend

The Board of Directors recommended a final dividend of 40%, or ₹0.80 per equity share of face value ₹2 each, for the financial year 2025-26. The total dividend amount is ₹410.08 lakh. This dividend is subject to shareholder approval at the ensuing Annual General Meeting. Additionally, the Board approved the audited financial statements and results, which received an unmodified opinion from statutory auditors M/s. B S R & Co. LLP. The company also filed an investor presentation for the quarter and year ended March 31, 2026, under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Financial Metrics

The table below summarises the financial performance for the year and quarter ended March 31, 2026:

The balance sheet as of March 31, 2026, showed total assets increasing to ₹16,749.01 lakh from ₹14,860.47 lakh in the previous year. Other Equity (excluding Revaluation Reserve) stood at ₹10,743.59 lakh as on March 31, 2026. The company continues to maintain a debt-free balance sheet supported by strong fundamentals.

Outlook

The company presently operates a chain of ten hotels and resorts located at Darjeeling, Kalimpong, Burdwan, Siliguri, Dooars, Gangtok, Ooty, Port Blair, Udaipur and Haldighati. Several properties were recognised with TripAdvisor's Travellers' Choice Award 2025. The company is poised for strong growth over the medium to long term, driven by infrastructure projects in North Bengal, including improved connectivity. With its strategic locations and debt-free status, Sinclairs Hotels expects to benefit significantly from increased tourism and economic activity. The company plans to invest about ₹500 lakh in properties at Kalimpong and Chalsa during the year to set up new facilities required for wedding events. It is also proposed to add rooms in Chalsa (70 rooms), Kalimpong (20 rooms) and Burdwan (24 rooms) for which a viability study is being undertaken.

Sinclairs Hotels has appointed Mukherjee Biswas & Pathak, Chartered Accountants, as its Internal Auditor for the financial year 2026-27. The appointment was approved by the Board of Directors at its meeting held on May 21, 2026, following the recommendation of the company's Audit Committee.

Appointment Details

The Board meeting, which commenced at 11:00 A.M. and concluded at 12:30 P.M., ratified the appointment of the auditing firm. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Auditor Profile

Mukherjee Biswas & Pathak is a firm established in 1970. It provides professional services in accounting, auditing and assurance, management consulting, and secretarial tax and legal services. The firm is Quality Review and Peer Reviewed by the Institute of Chartered Accountants of India (ICAI).