Enclosed herewith financial year ended 31.03.2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
HBG Hotels Ltd (formerly Phoenix Township Limited) reported audited financial results for FY26. Consolidated revenue from operations declined marginally to Rs 2,807.84 lakhs from Rs 2,859.11 lakhs in FY25. Profit before tax (before exceptional items) fell to Rs 370.31 lakhs from Rs 686.43 lakhs in FY25, a significant decline. The FY25 net profit of Rs 5,609.67 lakhs included an exceptional item of Rs 5,065.40 lakhs, which inflated that year's earnings. Excluding this one-time item, FY26 shows normalized earnings. The statutory auditor Bhatter & Company issued an unmodified opinion, confirming clean financials. The company also appointed Bharat Gupta & Co. as internal auditor for FY26-27. Cash flow from operations remained negative at Rs 3,113.55 lakhs (standalone), though improved from Rs 5,588.01 lakhs in the prior year.
The stock may see neutral to slightly negative reaction as revenue declined and normalized profit fell sharply from the prior year inflated by exceptional items. The unmodified audit opinion is a positive signal for shareholders.