Kamat Hotels (India) Ltd

Net profit of Kamat Hotels (India) rose 415.96% to Rs 10.99 crore in the quarter ended March 2025 as against Rs 2.13 crore during the previous quarter ended March 2024. Sales rose 9.41% to Rs 92.46 crore in the quarter ended March 2025 as against Rs 84.51 crore during the previous quarter ended March 2024. For the full year,net profit rose 3.86% to Rs 46.58 crore in the year ended March 2025 as against Rs 44.85 crore during the previous year ended March 2024. Sales rose 19.10% to Rs 362.49 crore in the year ended March 2025 as against Rs 304.35 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales92.4684.51 9 362.49304.35 19 OPM %26.8527.29 -28.8829.83 - PBDT21.8913.00 68 82.8242.08 97 PBT16.548.22 101 63.0224.41 158 NP10.992.13 416 46.5844.85 4 Powered by Capital Market - Live

Profit before tax stood at Rs 16.19 crore in Q4 FY25, registering a growth of 96.96% from Rs 8.22 crore recorded in Q4 FY24. Total expenses declined 3.56% year on year to Rs 78.25 crore in Q4 FY25. Employee benefit expense stood at Rs 18.71 crore (up 8.21% YoY), while finance costs were at Rs 5.26 crore (down 64.72% YoY) during the period under review. On a full-year basis, the company's net profit jumped 3.32% to Rs 46.63 crore on a 19.1% rise in revenue to Rs 362.49 crore in FY24 over FY23. Kamat Hotels (India) operates a diverse portfolio of luxury and mid-premium hotels across India. Their brands include the Orchid chain, along with Fort JadhavGadh, Mahodadhi Palace, Lotus Resorts, and IRA by Orchid. The company focuses on continuous property improvement and expansion, primarily utilizing lease agreements, revenue sharing, and management contracts for growth. The scrip declined 2.72% to close at Rs 268.25 on Friday, 25 April 2025.Powered by Capital Market - Live

Kamat Hotels (India) will hold a meeting of the Board of Directors of the Company on 26 April 2025.Powered by Capital Market - Live

The domestic equity benchmarks pared all gains and traded with minor losses in early-afternoon trade. The Nifty traded below the 22,550 mark. IT shares declined after advancing in the past two consecutive trading sessions. At 12:26 IST, the barometer index, the S&P BSE Sensex, slipped 60.65 points, or 0.08%, to 74,287.53. The Nifty 50 index lost 10.85 points, or 0.05%, to 22,533.85. In the broader market, the S&P BSE Mid-Cap index shed 0.42% and the S&P BSE Small-Cap index added 0.62%. The market breadth was strong. On the BSE, 2,436 shares rose and 1362 shares fell. A total of 157 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, shed 0.49% to 13.66. The Nifty 27 March 2025 futures were trading at 22,633.70, at a premium of 99.85 points as compared with the spot at 22,533.85. The Nifty option chain for the 27 March 2025 expiry showed a maximum call OI of 57 lakh contracts at the 23,000 strike price. Maximum put OI of 74 lakh contracts was seen at 22,000 strike price. Buzzing Index: The Nifty IT index fell 1.32% to 37,640.20. The index rallied 2.32% in two consecutive trading sessions. Infosys (down 2.12%), Mphasis (down 1.82%), LTIMindtree (down 1.50%), L&T Technology Services (down 1.23%), HCL Technologies (down 1.21%), Tech Mahindra (down 0.96%), Persistent Systems (down 0.70%), Wipro (down 0.56%) and Tata Consultancy Services (down 0.03%) declined. Stocks in Spotlight: Kamat Hotels surged 10.02% after the company signed an agreement for the management and operations of the Orchid Hotel in Rishikesh, Uttarakhand. J.Kumar Infraprojects advanced 2.17% after the company announced it had received a Letter of Award (LoA) worth Rs 120.87 crore from Mumbai Railway Vikas Corporation (MRVC) for the construction of major bridges. Brigade Enterprises added 1.16% after the company announced the launch of its premium residential project 'Brigade Altius' in Sholinganallur, Chennai, and the project has a revenue potential of Rs 1,700 crore. Rites rallied 3.48% after the company announced that it has received a letter of acceptance (LoA) worth Rs 27.96 crore from South Central Railway for high-speed rail corridor survey. Powered by Capital Market - Live

The hotel will offer approximately 153 well-appointed rooms and villas, designed to provide a luxurious and comfortable stay. The property will feature a range of premium amenities, including a party lawn, banquet halls, a pure vegetarian restaurant, swimming pools, and a mini golf course. G Guests can also enjoy a fully equipped gym, spa, kids' play area, amphitheater, pickleball courts, and an indoor games arena, making it an ideal destination for leisure, relaxation, and celebrations. The hotel is expected to begin operations by December 2027. Kamat Hotels (India) operates a diverse portfolio of luxury and mid-premium hotels across India. Their brands include the Orchid chain, along with Fort JadhavGadh, Mahodadhi Palace, Lotus Resorts, and IRA by Orchid. The company focuses on continuous property improvement and expansion, primarily utilizing lease agreements, revenue sharing, and management contracts for growth. On a consolidated basis, Kamat Hotels (India)'s net profit soared 215.7% to Rs 26.2 crore in Q3 FY25 as against Rs 8.3 crore in Q2 FY25. Operational income spiked 29.9% to Rs 110.9 crore in Q3 FY25 over Q2 FY25. Shares of Kamat Hotels fell 2.28% to Rs 278.25 on the BSE.Powered by Capital Market - Live

On a consolidated basis, Kamat Hotels (India)'s net profit soared 215.7% to Rs 26.2 crore in Q3 FY25 as against Rs 8.3 crore in Q2 FY25. Operational income spiked 29.9% to Rs 110.9 crore in Q3 FY25 over Q2 FY25. PBT jumped 203.4% to Rs 35.5 crore in Q3 FY25 over Q2 FY25. On a year-on-year basis, the company's consolidated net profit fell 37% while operational income rose 28.8% in Q3 FY25. PBT slipped 16.7% year-on-year (YoY). However, profit before exceptional items surged 251.5% YoY as the company reported exception gain of Rs 32.5 crore in Q3 FY24 on sale of property. EBITDA stood at Rs 44.1 crore in Q3 FY25, up 69.6% YoY and up 96% quarter-on-quarter (QoQ). EBITDA margin was recorded at 39.77% in Q3 FY25, higher than 26.35% in Q2 FY25 and 30.20% in Q3 FY24. The company said that its consolidated occupancy rate (%) stood at 65% in Q3 FY25, lower than 66% in Q2 FY25 and higher than 65% in Q3 FY24. Average Revenue Per Room (INR) stood at Rs 6,377 in Q3 FY25, up 16.3% QoQ and up 5% YoY. Kamat Hotels' outlook focuses on topline growth through new projects, enhancing operational efficiency by controlling electricity, labor, and operating expenses, strengthening digital presence and marketing, expanding its brand portfolio and national footprint, and maintaining a net cash position. Kamat Hotels (India) operates a diverse portfolio of luxury and mid-premium hotels across India. Their brands include the Orchid chain, along with Fort JadhavGadh, Mahodadhi Palace, Lotus Resorts, and IRA by Orchid. The company focuses on continuous property improvement and expansion, primarily utilizing lease agreements, revenue sharing, and management contracts for growth. Powered by Capital Market - Live

Net profit of Kamat Hotels (India) declined 37.02% to Rs 26.18 crore in the quarter ended December 2024 as against Rs 41.57 crore during the previous quarter ended December 2023. Sales rose 28.75% to Rs 110.89 crore in the quarter ended December 2024 as against Rs 86.13 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales110.8986.13 29 OPM %39.7930.16 - PBDT40.4114.98 170 PBT35.5510.11 252 NP26.1841.57 -37 Powered by Capital Market - Live

Kamat Hotels (India) will hold a meeting of the Board of Directors of the Company on 3 February 2025.Powered by Capital Market - Live

Net profit of Kamat Hotels (India) rose 27733.33% to Rs 8.35 crore in the quarter ended September 2024 as against Rs 0.03 crore during the previous quarter ended September 2023. Sales rose 33.41% to Rs 85.38 crore in the quarter ended September 2024 as against Rs 64.00 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales85.3864.00 33 OPM %26.3229.09 - PBDT16.534.60 259 PBT11.710.50 2242 NP8.350.03 27733 Powered by Capital Market - Live

Kamat Hotels (India) will hold a meeting of the Board of Directors of the Company on 25 October 2024.Powered by Capital Market - Live