GRAVISSHOBSEGraviss Hospitality LtdHighNeutral
Announced Thu, 13 Nov · 11:57 IST

With reference to the captioned subject and in compliance with Regulations 30 and 33 of SEBI (Listing Obligation and Disclosure Requirement) Regulation, 2015, this is to inform you that ....

Emphasis Of MatterPat NegativeNegative Operating CashflowGoing ConcernResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

Graviss Hospitality's Board approved un-audited standalone and consolidated results for Q2 and H1 FY26. Standalone revenue from operations grew modestly to ₹1,183 lakhs in Q2 FY26 (vs ₹1,155 lakhs in Q2 FY25) and ₹2,297 lakhs for H1 FY26 (vs ₹2,150 lakhs in H1 FY25). However, the company swung to a standalone net loss of ₹74 lakhs in Q2 FY26 versus a profit of ₹858 lakhs in Q2 FY25 (the prior year quarter had a large deferred tax credit of ₹849 lakhs). H1 FY26 standalone net loss stood at ₹250 lakhs. On a consolidated basis, revenue dipped to ₹1,226 lakhs in Q2 FY26 from ₹1,260 lakhs a year ago, with a net loss of ₹129 lakhs in Q2 and ₹351 lakhs in H1 FY26. EPS for Q2 was negative ₹0.10 (standalone) and ₹0.18 (consolidated). The auditor flagged an Emphasis of Matter noting that three subsidiaries have accumulated losses exceeding their net worth, though management believes these are recoverable. Operating cash flow turned negative at ₹52 lakhs standalone and ₹65 lakhs consolidated for H1 FY26.

Likely market impact

Results show operational pressure with revenue growth insufficient to cover costs, resulting in losses for both the quarter and half-year. The emphasis of matter on subsidiary health and negative operating cash flow are concerns, though the prior-year figures were flattered by one-time tax adjustments. Shareholders should monitor subsidiary performance and management's recovery plans.