Ras Resorts & Apart Hotels Ltd (507966)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Ras Resorts' revenue was ₹3.6 Cr (+23.4% year on year, -7.8% on the previous quarter), and net profit ₹0.2 Cr (+33.8% year on year); the operating margin was 11.9%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹3.6 | +23.4% | -7.8% |
| Operating profit | ₹0.4 | +11.2% | +31.4% |
| Net profit | ₹0.2 | +33.8% | +167.7% |
| EPS (₹) | 0.40 | +33.3% | +166.7% |
| Operating margin | 11.9% | — | — |
📢 Recent Corporate Announcements
Ras Resorts & Apart Hotels Ltd has announced that its 42nd Annual General Meeting (AGM) will be held on Saturday, September 26, 2026, via Video Conference. Pursuant to SEBI LODR Regulation 36(1)(b), the company has sent letters providing the web link to the FY26 Integrated Annual Report to shareholders whose email addresses are unregistered. The cut-off date to determine e-voting eligibility is September 19, 2026, with remote e-voting scheduled from September 23 to September 25, 2026.
- 42nd AGM scheduled for Saturday, September 26, 2026 at 11:00 AM IST via VC/OAVM
- Cut-off date for e-voting eligibility set for Saturday, September 19, 2026
- Remote e-voting window runs from September 23, 2026 (9:00 AM) to September 25, 2026 (5:00 PM)
- Letter with FY26 Annual Report web link dispatched to shareholders without registered emails
Ras Resorts and Apart Hotels has published its 42nd Annual Report for FY 2025-26, scheduling its Annual General Meeting for September 26, 2026. The notes to the financial statements restate that the Board granted in-principle approval on May 2, 2026, for voluntary delisting from BSE, subject to shareholder and regulatory consents. For FY26, the company's net profit margin improved to 4.03% (vs 2.52% in FY25), with the debt-equity ratio reducing to 0.10x from 0.22x following debt repayments.
- 42nd AGM scheduled to be held on September 26, 2026, via Video Conferencing.
- Notes mention Board's in-principle approval on May 2, 2026, for voluntary delisting under SEBI regulations.
- Debt-to-equity ratio decreased to 0.10x as of March 31, 2026, from 0.22x in the prior year.
- Net profit margin increased to 4.03% for FY26 from 2.52% in FY25.
Ras Resorts and Apart Hotels Ltd has announced that its 42nd Annual General Meeting (AGM) is scheduled to take place on Saturday, September 26, 2026, via Video Conferencing/OAVM. This is a routine annual statutory compliance requirement for the micro-cap hospitality operator. The company holds a market cap of approximately ₹21 Cr with TTM revenues of ₹14 Cr.
- 42nd Annual General Meeting scheduled for Saturday, September 26, 2026
- Meeting to be conducted via Video Conferencing (VC/OAVM)
- Standard annual corporate governance and statutory requirement
Ras Resorts & Apart Hotels reported a 23.4% YoY increase in total revenue to ₹3.64 cr for the quarter ended June 30, 2026. Net profit grew by 30.6% YoY to ₹0.16 cr, supported by a significant 33.8% reduction in finance costs. The company's operating performance improved sequentially as well, with net profit rising from ₹0.06 cr in the preceding March quarter. Notably, the company is progressing with a voluntary delisting proposal from BSE, which received in-principle board approval in May 2026.
- Total Revenue increased to ₹3.64 cr in Q1 FY27 from ₹2.95 cr in Q1 FY26.
- Net Profit after tax rose to ₹16.06 lakhs compared to ₹12.30 lakhs in the same period last year.
- Finance costs decreased to ₹5.88 lakhs from ₹8.89 lakhs YoY, aiding bottom-line growth.
- Basic EPS improved to ₹0.40 for the quarter from ₹0.31 in the year-ago period.
- Hoteliering segment remains the sole revenue driver, contributing ₹3.64 cr to the top line.
Ras Resorts & Apart Hotels reported a 22.8% YoY increase in revenue from operations to ₹3.58 Cr for the quarter ended June 30, 2026. Net profit grew by 33.3% YoY to ₹0.16 Cr, up from ₹0.12 Cr in the previous year's corresponding quarter. Profitability also showed a significant sequential recovery from the ₹0.06 Cr reported in March 2026. The auditor's report highlighted that the board has already granted in-principle approval for voluntary delisting from the BSE, a process that remains active.
- Revenue from operations grew 22.8% YoY to ₹3.58 Cr from ₹2.91 Cr.
- Net profit increased to ₹0.16 Cr, representing a 33.3% growth over the ₹0.12 Cr reported in Q1 FY26.
- Earnings Per Share (EPS) improved to ₹0.40 for the quarter compared to ₹0.31 YoY.
- Management & Catering Services expenses remained the largest cost component at ₹2.13 Cr, or 59.5% of revenue.
- The 42nd Annual General Meeting (AGM) is scheduled to be held on September 26, 2026.
Ras Resorts & Apart Hotels Ltd has issued a formal intimation regarding the dispatch of KYC update letters to shareholders holding shares in physical form. This action follows SEBI mandates requiring the submission of PAN, Aadhaar-linked details, bank accounts, and nominations to the Registrar and Transfer Agent (RTA). The company, which has a small market capitalization of ₹22 Cr and TTM revenue of ₹13.15 Cr, is also transitioning to electronic-only payments for all future corporate benefits like dividends. This is a standard regulatory compliance procedure with no impact on the company's financial health or operations.
- Mandatory submission of PAN, KYC details, and Nomination for all physical share folios.
- Corporate benefits such as dividends will be paid through electronic mode only per SEBI advisory dated January 17, 2024.
- Reference to SEBI Master Circular dated June 23, 2025, regarding the Online Dispute Resolution (ODR) mechanism.
- Shareholders must submit Form ISR-1 for PAN/Bank details and Form SH-13 for nomination registration.
Ras Resorts & Apart Hotels Ltd has reported a total disruption of operations at its Silvassa hotel due to flooding from the Daman Ganga river following 48 hours of incessant rainfall. As a micro-cap company with a TTM revenue of only ₹13 Cr, any prolonged closure of its primary asset is highly material to its financial performance. The company has stated that the natural calamity is adequately covered under its insurance policy, though the specific quantum of operational loss is yet to be communicated. Investors should monitor the duration of the shutdown as it directly impacts the company's quarterly revenue stream, which averaged ~₹3.25 Cr per quarter over the last year.
- Incessant rainfall for 48 hours in Silvassa led to the release of dam water into the Daman Ganga river.
- Flood water entered the hotel premises, causing a complete disruption of operations.
- The company reported TTM revenue of ₹13 Cr, making this a significant event relative to its scale.
- Management confirmed that the natural calamity is adequately covered under the company's insurance policy.
- Operational loss updates and further developments are to be communicated in due course.
Ras Resorts & Apart Hotels Ltd has scheduled a board meeting for August 08, 2026, to consider and approve the unaudited financial results for the quarter ended June 30, 2026. The company is a micro-cap entity with a market capitalization of Rs 22 Cr and a TTM revenue of Rs 13 Cr. In the previous year's corresponding quarter (June 2025), the company reported a revenue of Rs 2.95 Cr and a net profit of Rs 0.12 Cr. The trading window for insiders has been closed since July 01, 2026, in compliance with SEBI regulations.
- Board meeting scheduled for August 08, 2026, to approve Q1 FY27 results
- Trading window closed from July 01, 2026, until 48 hours after results declaration
- Company reported a TTM PAT of Rs 1 Cr on a TTM revenue of Rs 13 Cr
- Promoter holding remains stable at 74.34% as of June 2026
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