BSEH S India LtdHighNeutral
Announced Sat, 8 Nov · 12:35 IST

Board Meeting No. 2025-26/3 of the Company was held today i.e. 08.11.2025 for considering and approving the statement of standalone un-audited financial results for the quarter and half ....

Revenue DeclineEbitda Margin CompressionResults View source PDF

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AI summary

H S India Limited (BSE: 532145), which operates the Lords Plaza hotel chain, reported standalone unaudited results for Q2 FY26 (ended 30 Sept 2025). Revenue from operations for Q2 came in at ₹581.21 lakhs, down from ₹618.21 lakhs in Q2 FY25 (a ~6% YoY decline). For the half-year, revenue was ₹1,174.59 lakhs vs ₹1,237.41 lakhs in H1 FY25, again a ~5% decline. Profit before tax for Q2 was ₹19.43 lakhs vs ₹32.00 lakhs a year earlier, while net profit stood at ₹11.43 lakhs (Q2 FY25: ₹14.75 lakhs). For H1 FY26, net profit was ₹23.93 lakhs vs ₹24.49 lakhs in H1 FY25, broadly flat. EPS for the quarter was ₹0.07. The statutory auditors (K.K. Haryani & Co.) issued a clean limited review report with no qualifications.

Likely market impact

The results show modest top-line pressure with revenues declining both sequentially and year-on-year, and EBITDA margins compressing as cost of materials, employee costs and power & fuel rose faster than revenue. The clean auditor report and positive operating cash flow (₹171 lakhs for H1) provide comfort, but the lack of earnings growth and continued debt repayment weigh on near-term shareholder returns.