Vikram Kamats Hospitality Ltd (539659)
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Vikram Kamats' revenue was ₹15.0 Cr (+15.6% year on year, -12.6% on the previous quarter), and net profit ₹0.3 Cr (+160.9% year on year); the operating margin was 19.8%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹15.0 | +15.6% | -12.6% |
| Operating profit | ₹3.0 | +4.5% | -41.3% |
| Net profit | ₹0.3 | +160.9% | -81.1% |
| EPS (₹) | 0.14 | +100.0% | -83.5% |
| Operating margin | 19.8% | — | — |
📢 Recent Corporate Announcements
Vikram Kamats Hospitality Limited has published its investor presentation for the quarter ended June 30, 2026. Consolidated revenue for the quarter rose 15.84% YoY to ₹15.34 Cr (₹1,534.32 Lakhs) compared to ₹13.24 Cr in the prior year period. Consolidated Total Comprehensive Income (TCI) jumped 154.32% YoY to ₹33.52 Lakhs, driven by performance from its 84.01% subsidiary, Vitizen Hotels Limited, which generated ₹7.87 Cr in revenue.
- Consolidated revenue increased 15.84% YoY to ₹1,534.32 Lakhs in the quarter ended June 30, 2026.
- Consolidated Total Comprehensive Income grew 154.32% YoY to ₹33.52 Lakhs versus ₹13.18 Lakhs in Q1 FY26.
- Subsidiary Vitizen Hotels Ltd reported total revenue of ₹786.93 Lakhs (+22.69% YoY) and TCI of ₹33.63 Lakhs (+123.31% YoY).
- Standalone revenue stood at ₹822.60 Lakhs (up 9.89% YoY) with an EBIDTA of ₹183.63 Lakhs (+16.63% YoY).
Vikram Kamats Hospitality Limited announced the conclusion and voting results of its 19th Annual General Meeting held on August 31, 2026. All four resolutions presented were approved by shareholders with over 99.99% majority of votes polled. Key resolutions passed include the adoption of FY26 financial statements, re-appointment of Dr. Vikram V. Kamat as Managing Director, and approval of material related party transactions with Vitizen Hotels Limited.
- Adoption of FY26 Audited Standalone and Consolidated Financial Statements passed with 99.9995% votes in favour (1,08,10,127 votes).
- Special Resolution for the re-appointment of Dr. Vikram V. Kamat as Managing Director passed with 99.9995% votes in favour.
- Approval of material related party transaction with Vitizen Hotels Limited approved by non-promoter public shareholders with 99.9965% votes in favour (14,46,045 votes).
- A total of 38 shareholders attended the AGM held via video conferencing (4 promoter group and 34 public shareholders).
Vikram Kamats Hospitality reported a 15.6% YoY increase in consolidated revenue to ₹14.97 Cr for the quarter ended June 30, 2026. Consolidated net profit (Total Comprehensive Income) rose to ₹25.45 Lakhs compared to ₹14.47 Lakhs in the same period last year. However, the company faces significant uncertainty as operations at its flagship VITS Kamats Resort Silvassa were suspended post-quarter due to severe flash floods. Additionally, the company is pursuing a ₹2.25 Cr legal claim involving a ₹1 Cr security deposit and ₹1.25 Cr in losses following a lease termination.
- Consolidated revenue from operations grew 15.6% YoY to ₹14.97 Cr from ₹12.95 Cr.
- Consolidated EPS improved to ₹0.14 for the quarter, up from ₹0.08 in the year-ago period.
- Operations at flagship VITS Kamats Resort Silvassa suspended post-June 2026 due to river breach and flooding.
- Legal arbitration pending for recovery of ₹1.00 Cr security deposit and ₹1.25 Cr claim for losses.
- Paid-up equity share capital increased to ₹18.20 Cr following the conversion of 9,09,325 warrants.
Vikram Kamats Hospitality reported Q1 FY27 consolidated revenue of ₹14.97 cr, representing a 15.6% YoY growth but a 12.5% sequential decline. Net profit stood at ₹0.48 cr, significantly higher than the ₹0.13 cr in the year-ago quarter but down from ₹1.79 cr in Q4 FY26. A major post-quarter concern is the temporary suspension of the flagship VITS Kamats Resort Silvassa due to flash floods, with damage assessment currently underway. Additionally, the company is pursuing a ₹2.25 cr legal claim (deposit plus damages) against a former lessor.
- Consolidated revenue grew 15.6% YoY to ₹14.97 cr from ₹12.95 cr in June 2025.
- Net profit for the quarter was ₹0.48 cr, which includes an exceptional gain of ₹16.43 lakhs from lease termination.
- Operations at the flagship Silvassa resort were suspended post-June 30 due to river flooding and waterlogging.
- The company is claiming a ₹1.00 cr security deposit refund and ₹1.25 cr in damages through arbitration.
- 9,09,325 warrants were converted into equity shares before the April 15, 2026 deadline.
Vikram Kamats Hospitality Ltd (formerly Vidli Restaurants) has scheduled its 19th Annual General Meeting (AGM) for August 31, 2026, via video conferencing. The company has provided a web link for shareholders to access the Integrated Annual Report for FY 2025-26, as physical copies are not being sent. This follows a fiscal year where the company reported TTM revenue of ₹56 cr and a marginal net profit of ₹0.15 cr. Key e-voting dates have been established between August 24 and August 30, 2026.
- 19th Annual General Meeting scheduled for August 31, 2026, at 12:00 Noon IST
- Cut-off date for e-voting eligibility set for August 24, 2026
- Remote e-voting window open from August 28, 2026 (9:00 AM) to August 30, 2026 (5:00 PM)
- Company reported TTM revenue of ₹56 cr with an operating profit margin of 22.7%
- Debt-to-Equity ratio stands at 1.04 with total debt of ₹60 cr against a net worth of ₹58 cr
Vikram Kamats Hospitality Ltd (formerly Vidli Restaurants Ltd) has announced its 19th Annual General Meeting (AGM) scheduled for August 31, 2026. The company dispatched the notice and the 19th Annual Report to shareholders via email on August 6, 2026. The meeting will be conducted virtually through video conferencing at 12:00 Noon. This is a standard regulatory procedure following the conclusion of the financial year.
- 19th Annual General Meeting scheduled for Monday, August 31, 2026
- Notice and Annual Report dispatched to members on August 6, 2026
- Meeting to be held at 12:00 Noon via Video Conferencing/Other Audio Visual Means
- Company reported TTM revenue of Rs 56 Cr with a high P/E ratio of 456.2
Vikram Kamats Hospitality (formerly Vidli Restaurants) has released its 19th Annual Report for FY 2025-26, scheduling its AGM for August 31, 2026. The company reported a consolidated revenue of Rs 56 Cr for FY26, a significant increase from Rs 38.55 Cr in FY25, though net profit remains marginal at Rs 0.15 Cr. A key focus is the material subsidiary, Vitizen Hotels Limited, which contributed Rs 27.72 Cr to revenue and holds assets worth Rs 67.01 Cr. The agenda includes the re-appointment of Dr. Vikram V. Kamat as Managing Director for a three-year term starting October 2026.
- Consolidated revenue for FY26 reached Rs 56.0 Cr compared to Rs 38.55 Cr in FY25.
- Material subsidiary Vitizen Hotels Limited reported revenue of Rs 27.72 Cr and total assets of Rs 67.01 Cr.
- Proposed re-appointment of Dr. Vikram V. Kamat as Managing Director for 3 years (Oct 2026 - Oct 2029).
- Company maintains a presence in 20+ locations across India with brands like VITS and Kamats.
- Debt remains high at Rs 60 Cr against a net worth of Rs 58 Cr (D/E ratio of 1.04).
Vikram Kamats Hospitality Ltd has announced its 19th Annual General Meeting (AGM) to be held on August 31, 2026, via video conferencing. The company has established August 24, 2026, as the cut-off date for determining shareholder eligibility for voting. Remote e-voting will be conducted between August 28 and August 30, 2026. This is a standard regulatory procedure following a fiscal year where the company achieved TTM revenue of ‡56 Cr but maintained a high Debt-to-Equity ratio of 1.04.
- 19th Annual General Meeting scheduled for August 31, 2026, at 12:00 Noon.
- Cut-off date for e-voting eligibility is Monday, August 24, 2026.
- Remote e-voting period runs from August 28 (9:00 AM) to August 30 (5:00 PM), 2026.
- Company reported TTM revenue of ‡56 Cr with a marginal PAT of ‡0.15 Cr for FY26.
Vikram Kamats Hospitality Ltd has scheduled a board meeting on August 13, 2026, to consider and approve the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026. The company currently operates with a TTM revenue of ₹56 Cr and a very high P/E ratio of 456.2, reflecting low current profitability. Investors will be looking for a continuation of the revenue momentum seen in the March 2026 quarter (₹17.12 Cr). The trading window for insiders will remain closed until August 15, 2026.
- Board meeting date set for August 13, 2026, to review Q1 performance.
- Financial results for the quarter ended June 30, 2026, to be considered.
- Trading window for promoters and designated employees closed until August 15, 2026.
- Company reported a marginal net profit of ₹0.15 Cr for the full year FY26.
Vikram Kamats Hospitality has temporarily suspended operations at its flagship VITS Kamats Resort in Silvassa due to severe flash floods and waterlogging as of July 27, 2026. The adjacent river breached its banks, leading to the evacuation of all guests and staff and disrupting road access via the main connecting bridge. While the company maintains adequate insurance coverage, the financial impact on assets and revenue is currently under assessment. This disruption is notable given the company's high debt-to-equity ratio of 1.04 and thin TTM profitability.
- Operations suspended at the flagship VITS Kamats Resort Silvassa due to force majeure.
- Flash floods and river breach led to the complete evacuation of guests and employees.
- Company confirms adequate insurance coverage and has already intimated the insurer.
- Operations are expected to normalize over the next few days, pending weather conditions.
- Disruption affects a company with a TTM revenue of ₹56 Cr and a high debt of ₹60 Cr.
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