Kamat Hotels Announces Q1 Results; Approves ESOS 2026 and Internal Auditor Reappointment
Kamat Hotels (India) Limited, a noted provider of environmentally sensitive 5 star hospitality services including Orchid Resorts and Lotus Resorts by ORCHID Hotels, reported its unaudited standalone and consolidated financial results for the first quarter ended June 30, 2026. The Board of Directors also considered several key corporate actions, including the adoption of a new employee stock option scheme (ESOS 2026).The Board Meeting held on August 11, 2026, addressed multiple strategic matters for the company. Key decisions approved by the directors included:
- Internal Audit: Reappointment of M/s Kirtane & Pandit LLP, Chartered Accountants, as the Internal Auditor for the Financial Year 2026-27.
- Employee Benefit Scheme: Approval of the 'Kamat Hotels (India) Limited - Employee Stock Option Scheme 2026' (ESOS 2026), subject to shareholder approval.
- Director Tenure: Consideration and approval for Mr. Vilas Ramchandra Koranne, a Non-Executive Independent Director, to continue beyond the age of 75 years, subject to special resolution by shareholders.
The company is also set to convene its 39th Annual General Meeting (AGM) on Saturday, September 26, 2026.
Q1 Financial Performance Analysis
Kamat Hotels reported a consolidated total income of 9,301.29 lakhs for the quarter ended June 30, 2026. The company's standalone profit attributable to the period stood at 1,062.91 lakhs.The financial performance across the quarters is detailed below:
Standalone Financial Results (₹ in lakhs)
| Particulars | Quarter Ended June 30, 2026 | Quarter Ended March 31, 2026 | Quarter Ended June 30, 2025 | Year Ended March 31, 2026 |
|---|---|---|---|---|
| Revenue from operations | 5,852.73 | 7,745.41 | 5,615.98 | 26,352.90 |
| Total income | 6,585.87 | 8,679.35 | 6,297.96 | 29,350.01 |
| Total expenses | 5,171.22 | 6,848.65 | 5,197.33 | 24,014.98 |
| Profit before tax | 1,414.65 | 1,830.70 | 1,100.63 | 5,335.03 |
| Tax expense | 351.74 | 608.45 | 292.02 | 1,337.75 |
| Profit for the period | 1,062.91 | 1,278.29 | 849.82 | 4,036.92 |
| Total comprehensive income | 1,022.20 | 1,332.71 | 853.24 | 4,118.47 |
Consolidated Financial Results (₹ in lakhs)
| Particulars | Quarter Ended June 30, 2026 | Quarter Ended March 31, 2026 | Quarter Ended June 30, 2025 | Year Ended March 31, 2026 |
|---|---|---|---|---|
| Revenue from operations | 9,053.66 | 11,011.99 | 8,264.63 | 38,563.18 |
| Total income | 9,301.29 | 11,889.15 | 8,448.47 | 39,982.77 |
| Total expenses | 7,943.61 | 9,568.37 | 7,704.04 | 34,558.23 |
| Profit before tax | 1,357.68 | 2,320.78 | 744.43 | 5,424.54 |
| Tax expense | 388.29 | 649.29 | 362.62 | 1,566.73 |
| Profit for the period | 969.39 | 1,745.70 | 423.02 | 3,855.30 |
| Total comprehensive income | 923.58 | 1,807.05 | 429.57 | 3,946.29 |
Operational and Governance Updates
In relation to operational assets, the company noted that while an extension of its lease for Lotus Resort—Konark was granted only up to September 2026, the management expects a further extension up to February 2029 based on ongoing discussions with the Government of Odisha.The consolidated results include information from various subsidiaries such as Orchid Hotels Pune Private Limited (OHPPL), Mahodadhi Palace Private Limited (MPPL), and Kamats Restaurants (India) Private Limited (KRIPL). The management confirmed that both OHPPL and MPPL are prepared on a going concern basis, considering factors including the revival of the hospitality business and the financial support from the Holding Company.
Regarding corporate governance, M/s Kirtane & Pandit LLP was appointed as an Internal Auditor for the Financial Year 2026-27. The Board approved ESOS 2026, a scheme allowing employees to participate in the company's long term growth and value creation, with a total number of options not exceeding 8,84,500.
KAMATHOTEL Stock Price Movement
Kamat Hotels (I) Limited shares are gaining momentum in live trading, nudging up by 4.60% to reach ₹174.95 as of 3:11 PM today. The equity maintains a broad intraday range, having been tested between a low of ₹165.21 and an intermediate high of ₹175.84.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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