Apollo Sindoori Hotels Limited has informed the Exchange regarding Outcome of Board Meeting held on May 15, 2025.
APOLSINHOT · price
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Awaiting price reaction for this filing.
The Board of Directors approved the audited standalone and consolidated financial results for Q4 and FY ended March 31, 2025, with statutory auditors P Chandrasekar LLP issuing an unmodified opinion. Standalone revenue grew ~7.8% to Rs. 30,857 lakhs, while standalone PAT remained nearly flat at Rs. 1,004 lakhs (vs Rs. 1,003 lakhs in FY24). On a consolidated basis, revenue rose ~4.3% to Rs. 54,179 lakhs but PAT fell ~30% to Rs. 772 lakhs (vs Rs. 1,107 lakhs), reflecting margin pressure at the subsidiary level. The Board recommended a final dividend of Rs. 2 per share (40% on face value of Rs. 5), taking total FY25 dividend to 50% including the interim dividend paid in February 2025. The Board also gave in-principle approval to explore international business opportunities through subsidiaries, accepted the resignation of Company Secretary Ms. Rupali Sharma, and appointed Ms. Nadakuditi Achutha Madhavi as the new Company Secretary & Compliance Officer.
Positive: Clean audit opinion, consistent dividend payout, and international expansion plans signal management confidence. Negative/mixed: Flat standalone PAT and a sharp ~30% decline in consolidated PAT point to margin pressure at subsidiaries, and the closing cash position remains in overdraft, which may concern income-focused investors despite the modest dividend yield.