🔍

H S India Ltd (532145)

📊 BSE: 532145 🏢 Hotels & Resorts 📢 Latest filing: 23 Sep 2026

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, H S's revenue was ₹8.4 Cr (+42.0% year on year, +16.0% on the previous quarter), and net profit ₹0.3 Cr (+129.1% year on year); the operating margin was 10.1%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹8.4	+42.0%	+16.0%
Operating profit	₹0.8	+63.4%	-36.6%
Net profit	₹0.3	+129.1%	-60.8%
EPS (₹)	0.18	+125.0%	-61.7%
Operating margin	10.1%	—	—

Full quarterly financials → Results calendar →

📢 Recent Corporate Announcements

H S India Issues Notice for Special Window for Physical Share Transfer Re-Lodgment

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 23 Sep 2026, 11:37 AM

H S India Ltd has published a newspaper advertisement regarding a special window opened for the re-lodgment of transfer requests for physical shares. This action is taken pursuant to SEBI circulars issued on 2 July 2025 and 30 January 2026. The notices were released in the 'Standard Post' (English) and 'Mumbai Lakshadip' (Marathi) newspapers. This is a purely procedural regulatory compliance update with no financial or operational impact on the company.

Notified pursuant to SEBI Circular SEBI/HO/MIRSD/MIRSD-PoD/P/C1R12025/97 dated 2 July 2025
Compliance follows subsequent SEBI Circular dated 30 January 2026
Newspaper advertisements published in Standard Post and Mumbai Lakshadip on 23 September 2026

💡 Physical shareholders with pending transfer requests should review the advertisement details to re-lodge their requests, while regular investors need not take any action.

H S India Ltd Schedules 37th AGM for Sept 11, 2026; FY26 Annual Report Released

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 13 Aug 2026, 03:40 PM

H S India Ltd has announced its 37th Annual General Meeting (AGM) to be held on September 11, 2026, via video conferencing. The company has dispatched letters to shareholders without registered email addresses, providing access to the FY 2025-26 Annual Report via QR codes and web links. For the full year FY26, the company reported a revenue of ‑26.09 crore and a net profit of ‑1.62 crore. Remote e-voting for the AGM resolutions will be available from September 8 to September 10, 2026.

37th Annual General Meeting scheduled for September 11, 2026, at 10:30 a.m.
Remote e-voting period set from September 8, 2026 (9:00 a.m.) to September 10, 2026 (5:00 p.m.)
Cut-off date for e-voting eligibility is Friday, September 4, 2026
FY26 annual revenue reported at ‑26.09 crore with a net profit of ‑1.62 crore
Company is currently trading at a P/E of 11.2 with a market capitalization of ‑18 crore

💡 Investors should review the FY 2025-26 Annual Report for detailed management commentary and operational performance ahead of the AGM on September 11.

H S India Ltd to Seek Approval for ₹3.95 Cr Related Party Transaction at 37th AGM

🟡 NEUTRAL ⭐ 4/10

BOARD_MEETING 📅 13 Aug 2026, 12:57 PM

H S India Ltd has scheduled its 37th Annual General Meeting (AGM) for September 11, 2026. A key agenda item is the approval of a material related party transaction (RPT) with Lords Ishwar Hotels Limited for up to ₹3.95 Cr during FY2026-27, primarily for purchasing foreign liquor. This RPT represents approximately 15.1% of the company's FY26 revenue. Additionally, the company proposes appointing M/s. R. M. Hariyani & Co. as new statutory auditors for a five-year term, replacing the retiring auditors.

37th AGM scheduled for September 11, 2026, via video conferencing
Proposed material Related Party Transaction with Lords Ishwar Hotels Ltd capped at ₹3.95 Cr
RPT value of ₹3.95 Cr is significant, representing ~15.1% of FY26 revenue of ₹26.09 Cr
Appointment of M/s. R. M. Hariyani & Co. as Statutory Auditors for a 5-year term until 2031
Remote e-voting period starts September 8, 2026, and ends September 10, 2026

💡 Investors should review the voting results post-AGM to ensure shareholder approval for the material RPT and the transition to new statutory auditors.

H S India Ltd Schedules 37th AGM; Proposes Rs 3.95 Cr Related Party Transaction

🟡 NEUTRAL ⭐ 4/10

ROUTINE 📅 13 Aug 2026, 12:51 PM

H S India Ltd has released its FY 2025-26 Annual Report and scheduled its 37th AGM for September 11, 2026. The company is seeking shareholder approval for material related party transactions with Lords Ishwar Hotels Limited up to a limit of Rs 3.95 Cr for FY 2026-27. Additionally, a new statutory auditor, M/s. R. M. Hariyani & Co., is proposed for a five-year term. Financially, the company saw its net profit margin improve to 6.14% in FY26 from 5.16% in the previous year, despite a slight decline in annual revenue to Rs 26.09 Cr.

37th Annual General Meeting scheduled for September 11, 2026, via video conferencing.
Proposed material related party transaction limit of Rs 3.95 Cr with Lords Ishwar Hotels Limited for FY 2026-27.
Appointment of M/s. R. M. Hariyani & Co. as Statutory Auditors for a 5-year term until 2031.
Net profit margin increased to 6.14% in FY26 compared to 5.16% in FY25.
Return on Networth improved to 4.78% in FY26 from 4.36% in FY25.

💡 Investors should review the details of the related party transactions in the full annual report and monitor the voting results of the AGM on September 11, 2026.

H S India Appoints R. M. Hariyani & Co. as Statutory Auditors for 5-Year Term

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 06 Aug 2026, 01:24 PM

H S India Ltd has approved the appointment of M/s R. M. Hariyani & Co. as its new Statutory Auditors, replacing the retiring firm M/s K. K. Haryani & Co. The appointment is for a five-year term, effective from the conclusion of the 37th Annual General Meeting (AGM) until the 42nd AGM. The new auditor is a sole proprietorship firm established in 2018 with experience in statutory and tax audits. This change is a routine governance procedure as the previous auditors are retiring.

Appointment of M/s R. M. Hariyani & Co. for a term of 5 consecutive years.
Replaces retiring auditors M/s K. K. Haryani & Co. following the 37th AGM.
The 37th Annual General Meeting is scheduled for 11th September, 2026.
The new audit firm was established in 2018 and holds a valid peer-reviewed certificate.
Board meeting for this decision concluded at 12:25 P.M. on 6th August, 2026.

💡 Investors should note the upcoming 37th AGM on September 11, 2026, where shareholder approval for this appointment will be sought. This is a routine administrative matter for a micro-cap company.

Statutory Auditor term to expire on September 11, 2026, following 5-year tenure

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 06 Aug 2026, 01:12 PM

H S India Ltd has announced that its Statutory Auditor, M/s. K.K. Haryani & Co., will complete their mandatory five-year term at the conclusion of the 37th Annual General Meeting (AGM) on September 11, 2026. Under the Companies Act 2013, the firm is ineligible for immediate re-appointment. This is a routine regulatory rotation for the micro-cap company, which has a market capitalization of Rs 18 Cr and TTM revenue of Rs 26 Cr. The change is procedural and does not indicate any underlying financial or operational distress.

M/s. K.K. Haryani & Co. will complete a term of 5 consecutive years as Statutory Auditors.
The cessation of the current auditor is scheduled for the conclusion of the 37th AGM on September 11, 2026.
The company reported a TTM revenue of Rs 26.09 Cr and a PAT of Rs 2 Cr as of the latest financial context.
The change is strictly due to the expiry of the term as per Section 139 of the Companies Act, 2013.

💡 Investors should monitor the upcoming AGM results or separate filings for the appointment of the new statutory auditor to ensure continuity in financial reporting.

42% YoY Revenue Growth in Q1 FY27; PAT rises 138% to Rs 0.30 Cr

🟢 POSITIVE ⭐ 7/10

EARNINGS 📅 06 Aug 2026, 12:39 PM

H S India reported a strong YoY performance for Q1 FY27, with revenue from operations increasing 42% to Rs 8.42 Cr compared to Rs 5.93 Cr in the same quarter last year. Net profit more than doubled YoY to Rs 0.30 Cr, although it declined 60% sequentially from the March 2026 quarter (Rs 0.76 Cr). Total expenses rose to Rs 8.01 Cr, driven largely by other operating and general expenses which stood at Rs 3.27 Cr. The company has scheduled its 37th Annual General Meeting for September 11, 2026.

Revenue from operations grew 42% YoY to Rs 8.42 Cr from Rs 5.93 Cr.
Net profit increased 138% YoY to Rs 29.78 lakhs from Rs 12.50 lakhs.
Quarterly revenue of Rs 8.42 Cr represents approximately 32% of the TTM revenue of Rs 26 Cr.
Total expenses increased by 34% YoY to Rs 8.01 Cr, primarily due to higher other operating costs.
The 37th Annual General Meeting is scheduled for September 11, 2026.

💡 Investors should monitor the upcoming AGM on September 11, 2026, for management commentary on the sequential decline in profit margins despite higher revenue.

H S India Q1 Results: Revenue Grows 42% YoY to ₹8.42 Cr; PAT Rises to ₹0.30 Cr

🟢 POSITIVE ⭐ 6/10

EARNINGS 📅 06 Aug 2026, 12:33 PM

H S India Ltd reported a strong 42% YoY increase in revenue from operations to ₹8.42 Cr for Q1 FY27. Net profit grew 140% YoY to ₹0.30 Cr, up from ₹0.125 Cr in the same quarter last year. However, the company faced significant sequential margin pressure, with net profit falling 60% from ₹0.76 Cr in the preceding March quarter. Total expenses rose sharply to ₹8.01 Cr, primarily driven by a spike in other operating and general expenses to ₹3.27 Cr.

Revenue from operations reached ₹8.42 Cr, a 42% increase compared to ₹5.93 Cr in Q1 FY26.
Net profit for the quarter stood at ₹0.30 Cr, representing a 140% growth over the ₹0.125 Cr reported YoY.
Total expenses increased to ₹8.01 Cr from ₹5.97 Cr YoY, impacting operating margins.
Earnings Per Share (EPS) improved to ₹0.18 from ₹0.08 in the corresponding quarter of the previous year.
The 37th Annual General Meeting (AGM) is scheduled for Friday, 11th September, 2026.

💡 Investors should monitor the company's ability to manage rising operating costs, which compressed margins this quarter. The upcoming AGM on September 11, 2026, may provide further clarity on the sustainability of this revenue growth and cost-control measures.

Aug 6 Board Meeting to Approve Q1 FY27 Results and 37th AGM Details

🟡 NEUTRAL ⭐ 3/10

BOARD_MEETING 📅 27 Jul 2026, 11:21 AM

H S India Ltd has scheduled a board meeting on August 6, 2026, to approve the unaudited financial results for the quarter ended June 30, 2026. Additionally, the board will consider the annual report for the fiscal year ended March 31, 2026, and finalize the schedule for the 37th Annual General Meeting. This is a routine regulatory filing for a micro-cap company with a market capitalization of Rs 18 Cr. Investors will be looking for performance consistency relative to the Rs 7.26 Cr revenue achieved in the previous quarter (March 2026).

Board meeting scheduled for August 6, 2026, at 11:00 a.m. in Mumbai
Agenda includes approval of unaudited financial results for the quarter ended June 30, 2026
Board to approve the Directors' Report for the fiscal year ended March 31, 2026
Trading window for company securities has been closed since July 1, 2026
Company to fix the date and time for the 37th Annual General Meeting

💡 Monitor the financial results on August 6 to see if the company can improve upon its TTM OPM of 14.2% and sustain the revenue growth seen in the March 2026 quarter.

View All 532145 Announcements on Live Market Tracking →