Sinclairs Hotels Limited has informed the Exchange regarding a press release dated May 20, 2025, titled "40% Dividend by Sinclairs Hotels, FY 2024-25 Total Income at ₹ 5961.36 lakh".
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Awaiting price reaction for this filing.
Sinclairs Hotels reported FY2024-25 Total Income of ₹5,961.36 lakh, down from ₹6,512.59 lakh in the previous year. EBIDTA fell to ₹2,451.10 lakh (from ₹3,134.16 lakh) and Profit After Tax dropped to ₹1,399.68 lakh (from ₹2,054.19 lakh), a decline of roughly 32%. Q4 numbers also softened, with PAT at ₹378.49 lakh versus ₹532.20 lakh last year. The company remains completely debt-free with Other Equity of ₹10,234.72 lakh. The Board has recommended a 40% dividend (₹0.80 per share on ₹2 face value), amounting to ₹410.08 lakh in total payout, pending shareholder approval. The profit dip is attributed to temporary investment value decline, landslides and floods affecting Gangtok, Kalimpong, and Darjeeling properties, and initial expenses for the newly opened Sinclairs Udaipur.
Mixed picture for shareholders — profits have declined notably, but the company is debt-free, continuing a healthy 40% dividend, and expanding with a new Udaipur property already operational and another (Palace Retreat Udaipur) set to launch soon. Expansion costs and natural disruptions weighed on near-term earnings, but the strong balance sheet and growth pipeline could support the stock over time.