Eco Hotels And Resorts Ltd (514402)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Eco Hotels' revenue was ₹2.2 Cr (+651.7% year on year, -11.7% on the previous quarter), and net profit ₹-4.1 Cr (a bigger loss than a year earlier); the operating margin was -92.1%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹2.2 | +651.7% | -11.7% |
| Operating profit | ₹-2.0 | loss widened | loss narrowed |
| Net profit | ₹-4.1 | loss widened | loss narrowed |
| EPS (₹) | -0.69 | loss widened | loss narrowed |
| Operating margin | -92.1% | — | — |
📢 Recent Corporate Announcements
Eco Hotels and Resorts has received in-principle board approval to raise up to ₹50 crore via preferential issues, private placement, or warrants, representing ~65% of its current market cap of ₹77 crore. The board also approved the forfeiture of 16,31,580 partly paid-up rights issue equity shares due to non-payment of call money across three reminders. Operationally, the company announced its Chhatrapati Sambhajinagar hotel will open in October 2026, followed by the Mysuru hotel in Q4 FY27.
- Board approved in-principle fundraising of up to ₹50 Crore via preferential issue/private placement/warrants
- Forfeited 16,31,580 partly paid-up rights issue equity shares out of 1,28,76,808 total shares due to unpaid call money
- Company received call money for 1,12,45,228 rights shares
- Chhatrapati Sambhajinagar hotel proposed to commence operations in October 2026
- Mysuru hotel expected to begin operations in Q4 FY 2026-27
Eco Hotels and Resorts has received in-principle board approval to raise up to ₹50 crore via preferential issues, private placement, or warrants, representing ~65% of its current market cap of ₹77 crore. The board also approved the forfeiture of 16,31,580 partly paid-up rights issue equity shares due to non-payment of call money across three reminders. Operationally, the company announced its Chhatrapati Sambhajinagar hotel will open in October 2026, followed by the Mysuru hotel in Q4 FY27.
- Board approved in-principle fundraising of up to ₹50 Crore via preferential issue/private placement/warrants
- Forfeited 16,31,580 partly paid-up rights issue equity shares out of 1,28,76,808 total shares due to unpaid call money
- Company received call money for 1,12,45,228 rights shares
- Chhatrapati Sambhajinagar hotel proposed to commence operations in October 2026
- Mysuru hotel expected to begin operations in Q4 FY 2026-27
Eco Hotels and Resorts Limited has launched 'Eco Satva Shirdi', a 58-room hotel in Shirdi, Maharashtra, catering to spiritual and business tourism. With this addition, the company's operational portfolio has crossed 280 rooms. The company is targeting ~350 rooms ahead of Diwali, with pipeline launches including a 52-room property in Chhatrapati Sambhaji Nagar in October and a 16-room boutique hotel in Ayodhya within 45 days.
- Launched 58-room property 'Eco Satva Shirdi' in Nimgaon Korhale, Shirdi
- Total operational capacity crossed 280 rooms with this opening
- Pipeline additions include 52 rooms in Chhatrapati Sambhaji Nagar (October) and 16 rooms in Ayodhya (within 45 days)
- Targeting a total portfolio of approximately 350 rooms ahead of Diwali
Eco Hotels and Resorts has reported the utilization of ₹12.91 crore out of the ₹19.57 crore raised through its September 2025 Rights Issue. While the company officially reports 'no deviation' in objects, it has interchanged funds between identified and unidentified properties due to delays in original projects. Specifically, spending on unidentified properties and general corporate purposes increased to ₹6.60 crore against an original plan of ₹4.73 crore. This fundraise is significant, representing approximately 25.7% of the company's current ₹76 crore market capitalization.
- Total funds raised through partly paid-up Rights Issue: ₹19.57 crore
- Total funds utilized as of June 30, 2026: ₹12.91 crore
- Utilization for unidentified properties/general corporate: ₹6.60 crore vs ₹4.73 crore original allocation
- Utilization for identified properties: ₹1.61 crore vs ₹9.74 crore original allocation
- Debt repayment utilized: ₹1.37 crore out of ₹1.60 crore allocated
Eco Hotels reported a significant YoY revenue jump to ₹2.18 Cr in Q1 FY27 from ₹0.29 Cr, though it declined 12% sequentially. The company posted a net loss of ₹4.08 Cr, widening from a ₹1.19 Cr loss in the previous year's quarter, driven by higher employee and finance costs. Management attributed weak banquet and F&B sales to geopolitical tensions but announced a clear timeline for four new hotel openings. The board also extended the rights issue payment deadline to August 31, 2026, to prevent share forfeiture.
- Revenue from operations increased 657% YoY to ₹2.18 Cr from ₹0.29 Cr in Q1 FY26.
- Net loss widened to ₹4.08 Cr compared to a loss of ₹1.19 Cr in the same period last year.
- Finance costs surged to ₹1.32 Cr from ₹0.17 Cr YoY, reflecting increased leverage for expansion.
- Four new properties scheduled: Shirdi (Aug 25), Ayodhya (Sep 15), Aurangabad (Oct 1), and Mysuru (Jan 1, 2027).
- Employee benefit expenses rose to ₹1.63 Cr from ₹0.37 Cr YoY as the company scales operations.
Eco Hotels and Resorts reported Q1 FY27 revenue of Rs 2.18 Cr, a significant jump from Rs 0.29 Cr in the same quarter last year, though it remains loss-making with a net loss of Rs 4.08 Cr. The company is in an aggressive expansion phase, announcing specific opening dates for four new properties in Shirdi, Ayodhya, Aurangabad, and Mysuru between August 2026 and January 2027. Management noted that Q1 performance was adversely impacted by geopolitical tensions affecting occupancy and F&B sales. To support liquidity, the board has extended the payment deadline for partly paid rights issue shares to August 31, 2026.
- Q1 FY27 Revenue from operations rose to Rs 2.18 Cr compared to Rs 0.29 Cr in Q1 FY26.
- Net Loss widened to Rs 4.08 Cr for the quarter, up from a loss of Rs 1.19 Cr in the previous year's quarter.
- Four new hotel launches scheduled: Shirdi (Aug 25, 2026), Ayodhya (Sep 15, 2026), Aurangabad (Oct 1, 2026), and Mysuru (Jan 1, 2027).
- Finance costs increased sharply to Rs 1.32 Cr from Rs 0.17 Cr YoY, reflecting higher debt servicing requirements.
- Rights issue payment deadline for partly paid shares extended to August 31, 2026, to prevent share forfeiture.
Eco Hotels And Resorts Ltd has scheduled a board meeting for August 13, 2026, to consider and approve its unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company is currently loss-making, with a TTM net loss of Rs 10 Cr against a TTM revenue of Rs 5 Cr. The trading window for designated persons remains closed from July 1, 2026, until August 15, 2026. This meeting is a routine regulatory requirement for the disclosure of quarterly performance.
- Board meeting scheduled for August 13, 2026, to approve Q1 FY27 results
- Trading window for insiders closed from July 1, 2026, to August 15, 2026
- Company reported a TTM revenue of Rs 5 Cr against a market cap of Rs 76 Cr
- Operating profit margin stands at -153.2% for the trailing twelve months
Eco Hotels and Resorts Ltd has issued a final reminder-cum-forfeiture notice to shareholders who have not yet paid their First, Second, and Third/Final call money from the 2025 Rights Issue. The outstanding amount is Rs 3.80 per share for each call, and a 10% annual interest rate is being charged for the delay. Shareholders have a 17-day window from July 25 to August 10, 2026, to settle dues. Failure to pay by the deadline will result in the forfeiture of the partly paid-up equity shares.
- Final payment deadline for outstanding call money is set for August 10, 2026.
- Interest at 10% p.a. is applicable on delayed payments calculated from various dates starting February 11, 2026.
- Call money amount is Rs 3.80 per share, comprising Rs 2.50 towards face value and Rs 1.30 towards premium.
- Trading in partly paid-up shares (ISIN IN9638N01036) has been suspended since May 29, 2026.
- The payment window is open for 17 days, starting from July 25, 2026.
Eco Hotels and Resorts Ltd has issued a final reminder-cum-forfeiture notice to shareholders who have not yet paid their call money (First, Second, Third, and Final calls) from the recent Rights Issue. Shareholders are required to pay the outstanding amounts along with interest by August 10, 2026. Failure to comply will result in the forfeiture of the partly paid-up shares and any amounts already paid. This follows a series of six previous notices and reminders issued between January and June 2026.
- Final payment deadline for all outstanding call money is August 10, 2026
- Covers First, Second, Third, and Final call money installments
- Follows 6 previous notices and reminders issued since January 9, 2026
- Non-payment will lead to forfeiture of shares and all previously paid capital
- Company reported a TTM PAT loss of Rs 10 Cr against a small revenue base of Rs 5 Cr
Eco Hotels and Resorts Ltd has issued a final reminder-cum-forfeiture notice to shareholders who have not yet paid their call money (First, Second, Third, and Final calls) for partly paid-up shares issued via a Rights Issue. Shareholders must complete the payment along with applicable interest by August 10, 2026. Failure to comply will result in the forfeiture of the shares and all amounts previously paid on them. This follows a series of notices issued between January and June 2026 as the company seeks to finalize its capital collection.
- Final deadline for payment of all outstanding call money set for August 10, 2026
- Covers First, Second, Third, and Final Call Money notices issued since January 09, 2026
- Non-payment will lead to forfeiture of shares and all previously paid-up amounts
- Company currently operates with a TTM revenue of Rs 5 Cr and a net loss of Rs 10 Cr
- Debt-to-Equity ratio stands at 1.12 with total debt of Rs 37 Cr
Eco Hotels And Resorts Ltd has scheduled a Rights Issue Committee meeting on July 23, 2026, to address outstanding call money from a previous rights issue. The committee will consider issuing a 'Final Reminder-cum-Forfeiture Notice' to shareholders who have failed to pay their dues. This is a procedural step to either collect the remaining capital or forfeit the shares of non-paying investors. Given the company's current financial position with a TTM loss of Rs 10 Cr and a Debt-to-Equity ratio of 1.12, the collection of these funds is part of its capital management strategy.
- Rights Issue Committee meeting scheduled for July 23, 2026
- Agenda includes approving a Final Reminder-cum-Forfeiture Notice for unpaid call money
- Notice will include demands for outstanding amounts plus applicable interest
- Company reported a TTM net loss of Rs 10 Cr against a revenue of Rs 5 Cr
- Debt stands at Rs 37 Cr, exceeding the current Net Worth of Rs 33 Cr
Eco Hotels and Resorts is diversifying its revenue streams by expanding its food and beverage (F&B) portfolio, which currently includes four distinct brands: Sahar, GG's Rooftop Lounge, Kick In the Brick, and EcoSip Café. The company is also preparing to launch a new premium non-vegetarian restaurant to complement its existing vegetarian-focused offerings. While the announcement highlights strategic partnerships with travel firms and a 13% stake held by EaseMyTrip, it lacks specific financial targets or store-count expansion numbers. The move aims to capture both hotel guests and local diners to improve property-level profitability.
- Current F&B portfolio consists of 4 active brands: Sahar, GG's Rooftop Lounge, Kick In the Brick, and EcoSip Café.
- EaseMyTrip (EMT) maintains a significant 13% strategic stake in the company.
- Strategic partnerships established with 3 major travel entities: Kesari Tours, My Travel Bazaar, and Riya Travels.
- Planned launch of a new premium non-vegetarian restaurant to expand beyond current Satvik and vegetarian concepts.
- Stock has seen a -33.0% price return over the last 12 months, indicating significant underperformance prior to this update.
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