APOLSINHOTNSEApollo Sindoori Hotels LimitedHighNeutral
Announced Thu, 12 Feb · 15:42 IST

Apollo Sindoori Hotels Limited has submitted to the Exchange, the financial results for the period ended December 31, 2025.

Exceptional ItemPat Growth 25pctResults View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Apollo Sindoori Hotels reported Q3 FY26 standalone revenue of Rs. 9,258 lakhs, up 14.4% year-on-year, while 9-month standalone revenue rose 12.2% to Rs. 25,798 lakhs. Standalone Q3 profit after tax fell about 21% YoY to Rs. 160 lakhs, dragged down by a one-time exceptional charge of Rs. 146.22 lakhs tied to the implementation of the new Labour Codes (gratuity and leave liability reassessment). On a consolidated basis, 9-month revenue grew 11.3% to Rs. 44,931 lakhs and 9-month PAT jumped roughly 40% to Rs. 779 lakhs, though Q3 consolidated PAT fell nearly 59% to Rs. 76 lakhs after a Rs. 413 lakh exceptional item. Statutory auditor P Chandrasekar LLP issued an unmodified (clean) limited review report on both sets of results. The board also accepted the resignation of Group CEO Mr. Munish Kumar effective March 31, 2026, and noted the incorporation of a new UK-based wholly owned subsidiary, Sindoori Management Solutions Ltd.

Likely market impact

Top-line growth remains healthy across segments, especially Food & Beverages and Housekeeping & Facility Management, but the Labour Codes charge is a one-off and not a sign of operating weakness; however, the pending CEO exit introduces short-term leadership uncertainty for shareholders to watch.