Advani Hotels & Resorts (India) Limited has informed the Exchange that Record date for the purpose of Dividend is 29-May-2026.
ADVANIHOTR · price
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Advani Hotels & Resorts reported strong financials for FY2026 with total income of Rs. 10,740.75 lakhs (up from Rs. 10,670.65 lakhs). However, profit before tax declined to Rs. 3,160.46 lakhs from Rs. 3,529.77 lakhs in the previous year. The major highlight is a massive land revaluation where the company's Varca, Goa land (Caravela Beach Resort) was revalued from Rs. 2.56 crores (historical cost) to Rs. 429.82 crores per Whitestone Valuers (or Rs. 436 crores per ANVI). The company changed its accounting policy to revaluation model, creating a revaluation surplus of Rs. 4,272.67 lakhs (Rs. 42.73 crores), which significantly boosted other equity to Rs. 49,667.63 lakhs from Rs. 6,293.25 lakhs. The board declared a second interim dividend with total FY2025-26 interim dividend of Rs. 1,663.90 lakhs (record date: May 29, 2026), slightly lower than previous year's Rs. 1,756.33 lakhs. EPS for FY2026 stood at Rs. 2.58 versus Rs. 2.86 in FY2025.
The land revaluation substantially strengthened the balance sheet with equity nearly sextupling, though this is a non-cash accounting adjustment. The slight profit decline and dividend reduction may create mixed sentiment. The company remains operationally profitable with cash generation of Rs. 2,340.27 lakhs from operating activities.