Upon the review and recommendation of the Audit Committee at its meeting held on May 14, 2026, the Board of Directors at its meeting held today i.e May 14, 2026 interalia considered and ....
GRAVISSHO · price
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Graviss Hospitality reported standalone revenue of Rs 6,128 lakhs for FY2025-26, up 8.6% from Rs 5,643 lakhs in the prior year. However, standalone net profit dropped sharply to Rs 324 lakhs from Rs 1,192 lakhs in the previous year—a 73% decline. On a consolidated basis, revenue grew modestly to Rs 6,311 lakhs from Rs 6,115 lakhs, but profit fell to Rs 299 lakhs from Rs 940 lakhs. The auditor's report includes an 'Emphasis of Matter' noting that all three subsidiaries have accumulated losses exceeding their net worth, raising going concern doubts. The company recorded an exceptional item of Rs 26.79 lakhs due to increased gratuity and leave liabilities from new labour codes. Cash flow from operations remained positive at Rs 273.92 lakhs on standalone basis.
The sharp decline in profitability despite revenue growth signals margin compression and operational challenges. The subsidiary losses exceeding net worth create uncertainty about the group's financial health, though management claims no diminution in investment value. Shareholders should monitor whether subsidiaries can generate sufficient orders to recover.