Kamat Hotels Q3 FY26: PAT drops 39% YoY; auditor flags going concern
KAMATHOTEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 12.4 pts less than Nifty Microcap 250 and 10.6 pts less than its Hotels & Resorts peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Standalone Q3 revenue flat at Rs 7,906 lakhs. PAT fell 39% YoY to Rs 1,524 lakhs. Nine month PAT dropped 25% to Rs 2,759 lakhs. Consolidated Q3 PAT Rs 1,906 lakhs (vs Rs 2,618). Exceptional expense of Rs 308 lakhs for new Labour Codes gratuity. Auditor flagged going concern uncertainty for subsidiaries OHPPL and MPPL and emphasis of matter on ED probe and Lotus Resort lease.
Profitability hit by one-off Labour Codes charge and weaker nine-month performance. Auditor going concern flag at two units is a watch point.