Kamat Hotels (I) Limited has informed the Exchange about Investor Presentation
KAMATHOTEL · price
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Kamat Hotels reported Q4 FY26 revenue of INR 1,101 Mn (up 19% YoY) and PAT of INR 175 Mn (up 59% YoY), though sequential performance declined due to seasonal weakness. For the full year FY26, revenue grew 8% to INR 3,856 Mn but EBITDA dropped 7.5% to INR 968 Mn and PAT fell 17.2% to INR 386 Mn. EBITDA margin compressed to 25.1% from 29.3% in FY25, driven by higher fuel, LPG and logistics costs from Middle East tensions. The company operates 23 properties with 1,900+ keys across 9 states under brands including The Orchid, IRA, Lotus Resorts, and heritage properties. A pipeline of ~600 keys across 7 new properties (Gwalior, Dehradun, Bhavnagar, Nashik, Rishikesh, Puri, Mandavi Kutch) is on track. The company maintains a net cash position with debt reduced substantially since FY24.
Margin compression is a concern, but strong PAT growth in Q4 and the targeted 30%+ EBITDA margin goal signal management intent on recovery. The asset-light expansion pipeline and 61% repeat customer base provide visibility, though rising costs and IRA Mumbai closure create near-term headwinds.