Advani Hotels & Resorts (India) Limited (ADVANIHOTR)
₹48.05 +1.22% last close, 16 Oct
Latest quarterly results (Q1 FY27)
In its latest reported quarter, Q1 FY27, Advani Hotels' revenue was ₹21.0 Cr (+5.1% year on year, -41.6% on the previous quarter), and net profit ₹1.4 Cr (-30.7% year on year); the operating margin was 7.8%.
| Q1 FY27 (₹ Cr) | Value | YoY vs Q1 FY26 | QoQ |
|---|---|---|---|
| Revenue | ₹21.0 | +5.1% | -41.6% |
| Operating profit | ₹1.6 | -45.1% | -89.7% |
| Net profit | ₹1.4 | -30.7% | -88.4% |
| EPS (₹) | 0.15 | -40.0% | -88.2% |
| Operating margin | 7.8% | — | — |
ADVANIHOTR delivery percentage
NSE end-of-day data for
On Fri, 16 Oct 2026, 41.98% of the ADVANIHOTR shares traded on NSE were taken to delivery, against the stock's own 20-session average of 74.58%. That is lower than usual for this stock. Turnover was only ₹8 lakh, so a handful of trades can move this figure.
Delivery in the last 5 sessions: 73.2% · 63.1% · 67.2% · 58.9% · 42.0%
A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed
📢 Recent Corporate Announcements
Advani Hotels & Resorts (India) Limited disclosed the voting results for its 39th Annual General Meeting held on September 22, 2026. All five ordinary resolutions, including the adoption of FY26 financial statements, interim dividend confirmation, and re-appointment/remuneration of Whole Time Director and CEO Mr. Prahlad S. Advani, passed with requisite majorities. A total of 4,70,43,174 votes were polled across 9,24,38,500 outstanding shares, representing a 50.89% voter turnout. Public institutions voted 100% against the rotational re-appointment of director Mr. Haresh G. Advani, but the resolution passed with an overall 99.59% majority due to promoter support.
- Total voter turnout stood at 50.89% with 4,70,43,174 valid votes polled out of 9,24,38,500 shares
- Adoption of FY26 audited accounts approved with 99.9965% votes in favour
- Re-appointment and remuneration of CEO Prahlad S. Advani passed with 99.9923% support
- Public institutional holders cast 100% of their 1,87,918 votes against re-appointing director Haresh G. Advani
Advani Hotels & Resorts (India) Limited has released newspaper advertisements in Financial Express and Mumbai Lakshdeep on September 2, 2026. The notices confirm the completion of dispatch of the 39th Annual General Meeting (AGM) Notice along with the Annual Report. The filing details procedural timelines including remote e-voting and shareholder cut-off date instructions.
- 39th Annual General Meeting notice and Annual Report dispatch completed.
- Newspaper advertisements published on September 2, 2026 in Financial Express and Mumbai Lakshdeep.
- Details remote e-voting procedures and statutory shareholder cut-off date rules pursuant to SEBI Listing Regulations.
Advani Hotels & Resorts (India) Limited has published newspaper advertisements notifying shareholders of its 39th Annual General Meeting (AGM). The AGM will be held on Tuesday, September 22, 2026, at 2:00 PM IST through Video Conferencing and Other Audio-Visual Means. The company has fixed Tuesday, September 15, 2026, as the cut-off date to determine member eligibility for voting. The notice was published in Financial Express and Mumbai Lakshdeep on September 1, 2026.
- 39th AGM scheduled for Tuesday, September 22, 2026, at 2:00 PM IST
- Meeting to be conducted entirely via Video Conferencing / Other Audio Visual Means
- Cut-off date fixed as Tuesday, September 15, 2026, for e-voting eligibility
- Advertisements released on September 1, 2026, in Financial Express and Mumbai Lakshdeep
Advani Hotels & Resorts (India) Limited has submitted its 39th Annual Report for FY25-26 and issued notice convening its AGM on September 22, 2026, via Video Conferencing. Key agenda items include adopting the FY26 audited financial statements and noting the total interim dividends of Rs 1.80 per share (Rs 1.00 first interim and Rs 0.80 second interim on Rs 2 face value). The meeting will also seek approval for the re-appointment of Mr. Prahlad S. Advani as Whole Time Director and CEO. The filing discloses capital commitments of Rs 111.51 Lakhs net of advances as of March 31, 2026.
- 39th Annual General Meeting convened for Tuesday, September 22, 2026, at 2:00 PM IST via VC/OAVM.
- Noted two interim dividends for FY26: 1st interim of Rs 1.00 (50%) and 2nd interim of Rs 0.80 (40%) per equity share on 9,24,38,500 shares.
- Special business includes re-appointment of Mr. Prahlad S. Advani as Whole Time Director and Chief Executive Officer.
- Estimated capital commitments remaining to be executed stood at Rs 111.51 Lakhs as of March 31, 2026 (net of Rs 41.69 Lakhs advances).
Advani Hotels & Resorts submitted newspaper publication extracts of its unaudited financial results for the quarter ended June 30, 2026. Revenue from operations increased by 5.5% YoY to ₹21.02 crore compared to ₹19.92 crore in the corresponding quarter of the previous year. However, net profit after tax declined by 41.0% YoY to ₹1.39 crore (from ₹2.35 crore), impacted by higher operational expenses. Consequently, basic and diluted EPS dropped to ₹0.15 per share against ₹0.25 per share in Q1 FY26.
- Revenue from operations grew 5.5% YoY to ₹2,102.08 lakhs (₹21.02 Cr) from ₹1,992.37 lakhs
- Net profit before tax declined 42.0% YoY to ₹183.88 lakhs versus ₹317.07 lakhs
- Net profit after tax dropped 41.0% YoY to ₹138.63 lakhs from ₹235.06 lakhs
- Basic and diluted EPS fell to ₹0.15 per share from ₹0.25 per share YoY
- Paid-up equity share capital remained constant at ₹1,848.77 lakhs
Advani Hotels & Resorts reported a 5.5% YoY rise in Q1 FY27 total income to ₹2,205.03 lakhs, supported by improved occupancy of 76.3% versus 69.7% in Q1 FY26. However, PAT declined 41.0% YoY to ₹138.63 lakhs as EBITDA margins contracted from 18.8% to 12.1% due to higher diesel costs, planned repair and maintenance, and IT transition expenses. The Board approved a capacity addition of 28 to 56 keys (estimated capex of ₹75 lakhs per key; ~₹21-42 cr), subject to regulatory approvals. The company remains debt-free with liquid reserves of ₹5,063 lakhs, funding all current and planned capex entirely via internal accruals.
- Total income grew 5.5% YoY to ₹2,205.03 lakhs, with occupancy rising to 76.3% from 69.7% in Q1 FY26.
- PAT dropped 41.0% YoY to ₹138.63 lakhs, and EBITDA margins contracted 670 bps YoY to 12.1% due to higher operating and maintenance costs.
- Board approved a capacity expansion of 28 to 56 keys over the existing 196 keys at Caravela Beach Resort (~₹75 lakhs per key), to be completed within 2 years of approvals.
- Work on the 16,530 sq ft banquet hall and event pool is underway, with ₹229 lakhs already deployed from internal cash.
- Liquid fund reserves stood at ₹5,063 lakhs (debt-free balance sheet) against an independent asset valuation of ₹982.0 crore.
Advani Hotels & Resorts (India) Limited has released its reviewed financial results for the quarter ended June 30, 2026, approved at its board meeting on August 14, 2026. The filing includes the statutory auditor's limited review report by Arun G. Verma & Co. Advani Hotels operates the 200-room Caravela Beach Resort in South Goa, where Q1 typically represents a transition period ahead of the monsoon off-peak season. Detailed line items in the submission confirm ongoing statutory compliance for the period.
- Board approved reviewed financial results for the quarter ended June 30, 2026 on August 14, 2026.
- Limited review report issued by statutory auditor Arun G. Verma & Co. (Firm Reg No. 111381W / Membership No. 031898).
- Results cover comparative periods including quarter ended March 31, 2026 and quarter ended June 30, 2025.
Advani Hotels & Resorts (India) Limited has issued a public notice regarding the mandatory transfer of equity shares to the Investor Education and Protection Fund (IEPF) Authority. This pertains to 'Lot-16' of shares where dividends have remained unclaimed or unpaid for seven consecutive years. The notice was published on July 29, 2026, in the Financial Express and Mumbai Lakshdeep newspapers. This is a standard regulatory procedure and does not impact the company's financial health or its market capitalization of Rs 473 Cr.
- Notice published on July 29, 2026, in Financial Express and Mumbai Lakshdeep
- Relates to the transfer of Equity Shares under 'Lot-16' to the IEPF
- Action taken pursuant to Regulation 30 and 47 of SEBI (LODR) Regulations, 2015
- Applies to shares where dividends are unclaimed for 7 consecutive years
Advani Hotels & Resorts (India) Limited has submitted its mandatory Reconciliation of Share Capital Audit for the quarter ended June 30, 2026. The report confirms that the total issued and listed capital remains unchanged at 9,24,38,500 shares. A significant 99.49% of the company's equity is held in dematerialized form, split between NSDL (51.93%) and CDSL (47.56%). The company reported 39,379 unique shareholders and confirmed that no demat requests were pending beyond the stipulated 21-day period.
- Total issued and listed capital remains constant at 9,24,38,500 equity shares
- 99.49% of total shares are dematerialized, with only 4,72,855 shares (0.51%) in physical form
- Total number of security holders stands at 39,379 as of June 30, 2026
- Zero pending requests for dematerialization beyond the 21-day regulatory limit
Advani Hotels & Resorts (India) Limited has filed a routine disclosure under Regulation 31(4) of the SEBI (SAST) Regulations, 2011. The filing confirms that the Promoter and Promoter Group have not made any encumbrance, directly or indirectly, on their shareholding during the quarter ended June 30, 2026. This is a standard compliance procedure that provides transparency regarding the status of promoter-held shares.
- Declaration covers the full quarter ended June 30, 2026
- Compliance with Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations
- Confirms zero shares were pledged or encumbered by the promoter group during the period
- Document dated July 8, 2026, and submitted to exchanges on July 14, 2026
Advani Hotels & Resorts (India) Limited has submitted its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. The filing confirms that for the quarter ended June 30, 2026, all physical share certificates received for dematerialization were processed within the mandated 15-day period. The company's Registrar and Share Transfer Agent (RTA), Datamatics Business Solutions Limited, confirmed that these securities are listed on the exchanges and physical certificates have been mutilated. This is a standard administrative filing with no impact on business operations or financial health.
- Compliance certificate issued for the quarter ended June 30, 2026
- RTA confirmation dated July 6, 2026, regarding dematerialization requests
- Physical certificates were mutilated and cancelled within 15 days of receipt
- Substitution of depository name in RTA records completed as per SEBI norms
Advani Hotels & Resorts (India) Limited has filed its quarterly compliance certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018. The filing confirms that for the quarter ended June 30, 2026, all physical share certificates received for dematerialization were processed correctly. The company's Registrar and Share Transfer Agent (RTA), Datamatics Business Solutions Limited, confirmed that securities were listed on exchanges and physical certificates were mutilated within the mandated 15-day window. This is a standard administrative procedure with no impact on business operations or financials.
- Compliance report covers the quarter ended June 30, 2026
- RTA confirmed processing of demat requests within 15 days of receipt
- Registrar and Share Transfer Agent identified as M/s Datamatics Business Solutions Limited
- Confirmation provided that securities comprised in the certificates are listed on Stock Exchanges
Advani Hotels has filed a formal complaint with SEBI against Simply Wall Street (SWS) for allegedly publishing inaccurate and unregistered research reports. The company disputes SWS's valuation of ₹20.39 per share, arguing it is 56% lower than the value of the company's freehold land alone. Additionally, the company clarified it has paid ₹102 crore in dividends over the last decade and that CEO remuneration of ₹1.449 crore has remained unchanged, contradicting SWS's claims of a 20% increase. The company is seeking a cease and desist order to protect retail investors from potentially distorted valuations.
- Company paid ₹102 Cr in dividends (including tax) over 9 of the last 10 financial years.
- SWS valuation of ₹20.39 per share is 56% lower than the value of the company's freehold land.
- CEO remuneration of ₹1.449 Cr represents approximately 1% of total revenue and has remained unchanged for the 2025-26 period.
- Company disputes SWS's 25% industry growth benchmark, citing actual industry guidance between 9% and 14%.
Advani Hotels & Resorts (India) Limited has announced the closure of its trading window starting July 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. This closure is ahead of the declaration of the company's unaudited financial results for the quarter ending June 30, 2026. The window will remain closed for all designated persons and their relatives until 48 hours after the results are made public. This is a standard regulatory procedure for listed companies in India.
- Trading window closure begins on July 1, 2026
- Closure pertains to the financial results for the quarter ending June 30, 2026
- Window will reopen 48 hours after the declaration of financial results
- Board meeting date for result approval to be announced in due course
Advani Hotels & Resorts (India) Limited has filed a formal complaint against InfinHub Market Technologies (Markets Mojo) for alleged SEBI regulation violations. The company claims the platform published factually incorrect data, including a 133.34% dividend payout ratio instead of the actual 66-70%, and used 15-year-old financial data from 2008-2010 to justify current 'Sell' ratings. Management also highlighted erratic rating shifts, such as moving from 'Good' to 'Hold' within just 45 minutes, which they argue misleads the investor community.
- Complaint filed against InfinHub for blatant violation of SEBI regulations and request for a cease and desist order.
- Company disputes the use of outdated 2008-2010 data (showing sales drop from ₹71.75 Cr to ₹30.21 Cr) for current performance analysis.
- Management corrected reported dividend payout figures, stating the actual FY26 payout stands at 70% vs the platform's 133.34%.
- The company flagged inconsistent ratings that changed from 'Good' to 'Hold' to 'Sell' within very short timeframes between May and June 2026.
- Advani Hotels clarified it has no long-term debt and minimal interest expense, contrary to platform metrics.
Financial Performance
Revenue Growth by Segment
Total Income grew 2.6% YoY to INR 111.21 Cr. Segment performance: Room Income (INR 61.51 Cr, -0.4% YoY), Food, Beverages & Banqueting (INR 36.58 Cr, +4.2% YoY), and Other Operating Income (INR 9.32 Cr, +8.6% YoY). Non-operating income rose 25.9% to INR 3.80 Cr.
Geographic Revenue Split
100% of revenue is generated from the company's single resort unit located in Goa, India.
Profitability Margins
Net Profit Margin improved to 23.8% from 23.0% YoY. Operating Margin Ratio increased to 31.8% from 31.0% YoY. Profit After Tax (PAT) rose 5.9% to INR 26.44 Cr.
EBITDA Margin
EBITDA Margin stood at 34.5% (INR 38.42 Cr), reflecting a slight improvement from 34.0% (INR 36.92 Cr) in the previous year due to optimized procurement and cost control measures.
Capital Expenditure
Net cash used for investing activities was INR 4.61 Cr in FY25, compared to INR 12.84 Cr in FY24. Current year investing was primarily focused on parking surplus funds in fixed deposits and liquid funds rather than major physical asset expansion.
Credit Rating & Borrowing
The company is 100% debt-free with a Debt-Equity Ratio of 0.0. CRISIL withdrew its BBB/Stable and A3+ ratings in 2017 at the company's request following the repayment of all rated bank facilities.
Operational Drivers
Raw Materials
Food and Beverages consumed (INR 7.97 Cr) represents 7.2% of total income. Employee benefits (INR 33.65 Cr) represent 30.3% of total income.
Import Sources
Not disclosed in available documents; however, procurement is managed through optimized local and domestic strategies to enhance operational efficiency.
Capacity Expansion
Current capacity is 200 rooms at the Caravela Beach Resort Goa. No specific room-count expansion plans are detailed, though the company is exploring asset monetization and investment strategies through dedicated committees.
Raw Material Costs
Food and Beverage consumption costs increased 2.3% YoY to INR 7.97 Cr. Procurement strategies focused on cost control helped reduce other operating and general expenses by 6.0% to INR 31.17 Cr.
Manufacturing Efficiency
Average Occupancy was maintained at a high level of 82.0%. Total Net Revenue Per Occupied Room (TrevPOR) increased 4.9% to INR 19,725, indicating high yield efficiency.
Logistics & Distribution
Not disclosed as a separate percentage of revenue; logistics are primarily related to the supply of perishables and guest transport for the Goa property.
Strategic Growth
Expected Growth Rate
4.90%
Growth Strategy
Growth is driven by increasing TrevPOR through premium positioning in the luxury segment. The company leverages a 35-year reputation and a high repeat client base. Strategic focus includes maintaining high occupancy (82%) and optimizing F&B/Banqueting revenue which grew 4.2%.
Products & Services
Luxury hotel room stays, food and beverage services, banqueting, and resort amenities.
Brand Portfolio
Caravela Beach Resort Goa.
New Products/Services
The company is amending its Articles of Association to authorize a share buy-back, which aims to return surplus cash to shareholders and potentially improve earnings per share.
Market Expansion
The company is currently focused on its single unit in Goa, utilizing an Asset Monetization Committee and Investment Committee to evaluate future capital allocation.
Market Share & Ranking
Not disclosed in percentage terms, but the company claims a 'premium over many other competitors' in the Goa luxury beach-front segment.
External Factors
Industry Trends
The luxury hospitality industry is seeing a shift toward higher TrevPOR and experiential travel. Advani Hotels is positioned as a debt-free, luxury beach-front player with a 34.5% EBITDA margin, outperforming general industry averages.
Competitive Landscape
Competes with other 5-star luxury resorts in Goa; maintains an edge through its long-standing service reputation and architectural design.
Competitive Moat
The moat is built on a prime beach-front location in Goa and a 35-year brand legacy. This is highly sustainable as beach-front land in Goa is finite and the company's debt-free status (0.0 debt-equity) provides a superior risk profile.
Macro Economic Sensitivity
Highly sensitive to luxury travel trends and discretionary spending; TrevPOR growth of 4.9% suggests resilience in the high-end segment.
Consumer Behavior
Strong demand for luxury beach resorts is evidenced by the 82% occupancy rate.
Geopolitical Risks
Regional stability in Goa and international travel advisories for India are primary external risks.
Regulatory & Governance
Industry Regulations
Operations are subject to hospitality standards, food safety regulations, and local Goa tourism norms. The company is currently undergoing a postal ballot process to amend its Articles of Association for share buy-back compliance.
Taxation Policy Impact
Effective tax rate is approximately 25.1%, with tax expenses of INR 8.86 Cr on a PBT of INR 35.30 Cr.
Legal Contingencies
The company maintains an Audit Committee to oversee internal controls; no specific high-value pending court cases or litigation values were disclosed in the provided snippets.
Risk Analysis
Key Uncertainties
Single-unit concentration risk in Goa (100% of assets). Rising employee benefit expenses (up 10.1% YoY) pose a risk to margin expansion if revenue growth slows.
Geographic Concentration Risk
100% of operations and revenue are concentrated in Goa, India.
Third Party Dependencies
Not disclosed; the company manages its own operations at the Caravela Beach Resort.
Technology Obsolescence Risk
The company has implemented a Code of Conduct for Prevention of Insider Trading and maintains a vigil mechanism to manage digital and information risks.
Credit & Counterparty Risk
Trade receivables are managed effectively, with the Debtors Turnover Ratio improving due to a decrease in average trade receivables.
