VIKRAM KAMATS HOSPITALITY LIMI

Operates a chain of restaurants and hotels across India, with restaurant outlets run directly and hotel operations housed in a subsidiary called Vitizen Hotels Limited. The standalone business reported revenue of Rs 2,922.26 lakhs for FY26, while on a consolidated basis revenue reached Rs 5,599.85 lakhs, with the Vitizen Hotels subsidiary contributing about Rs 27.7 crore. In July 2026 a new premium restaurant outlet called Urban Dhaba was opened at Nahur, Mumbai, seating around 70 guests in roughly 1,000 sq ft, and a management agreement was signed to operate a new 33-key chalet-style resort at Igatpuri, Maharashtra — taking the portfolio to 20 hotels across India across owned, leased and managed formats. Operations at VITS Kamats Resort in Silvassa were temporarily suspended in July 2026 after flash floods washed out the main access bridge, and the company stated adequate insurance was in place. Capital work-in-progress rose from Rs 950.42 lakhs to Rs 1,478.61 lakhs by year-end, indicating heavy ongoing investment in new outlets and properties. Employee cost is the largest single operating expense at 26.9% of revenue, followed by other operating expenses at 32.5% and materials at 17.9%.