CHALETNSEChalet Hotels LimitedHighPositive
Announced Tue, 4 Nov · 15:56 IST

Chalet Hotels Limited has informed the Exchange that Record date for the purpose of Dividend is 11-Nov-2025.

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Chalet Hotels' Board (meeting held November 4, 2025) declared an interim dividend of Re. 1 per equity share (10% on face value of Rs. 10), with the record date fixed as November 11, 2025 and payment to be made on or before December 3, 2025. Consolidated Q2 FY26 total income came in at Rs. 7,438.21 million versus Rs. 3,831.84 million in the year-ago quarter, and the company swung to a profit of Rs. 1,548.19 million from a loss of Rs. 1,385.11 million YoY (the prior-year loss was distorted by a one-time Rs. 2,178.93 million deferred tax expense). For H1 FY26, consolidated profit was Rs. 3,579.47 million against a loss of Rs. 778.84 million. The Real Estate segment (Bangalore residential project) contributed Rs. 2,821.36 million in Q2, complementing the steady Hospitality and Rental/Annuity businesses. The auditor's report flagged the ongoing Vashi land litigation (now converted to Civil Appeals by the Supreme Court) as a watch item, though management does not expect material loss.

Likely market impact

Shareholders holding Chalet Hotels shares as of November 11, 2025 will receive the Rs. 1 per share interim dividend. The sharp YoY recovery in profitability and the real estate segment's first revenue contribution are positive signals, though the headline numbers benefit from a low prior-year base caused by a one-time tax charge. The Vashi land case remains a lingering risk to monitor.