Board at its meeting held today have approved the Audited financial results for the quarter and year ended 31st March, 2026
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Sheraton Properties & Finance Ltd reported total income of ₹917.46 lakhs for FY26, up 1.4% from ₹904.75 lakhs in FY25. Revenue from operations is negligible at ₹0.46 lakhs, meaning the company earns almost entirely from investments, interest income (₹179.65 lakhs), and dividends (₹734.95 lakhs). Profit after tax grew marginally by 0.25% to ₹642.27 lakhs, with EPS at ₹53.52 per share. The company operates with virtually no debt, holding total assets of ₹18,531.49 lakhs (down from ₹22,748.11 lakhs), primarily in non-current investments and loans. Operating cash flow remained negative at ₹(273.58) lakhs, though this was offset by investing activities generating ₹341.64 lakhs. Other Comprehensive Income turned significantly negative at ₹(4,857.87) lakhs, causing reserves to decline from ₹22,626.45 lakhs to ₹18,410.86 lakhs. The statutory auditor issued an unmodified (clean) opinion.
The flat profit growth and declining asset base with negative operating cash flows signal a company heavily dependent on investment returns rather than core operations. While debt-free and profitable, the lack of revenue diversification and negative operating cash flow are concerns for long-term investors. The significant decline in reserves may also weigh on investor sentiment.