- Home
- Results news
- Blue Coast Hotels
- Q2 FY27 results
Blue Coast Hotels Q2 FY27 results: net loss widens to ₹0.59 crore, revenue down 38.6%
Blue Coast Hotels Limited reported consolidated revenue of ₹0.35 crore in Q2 FY27, unchanged from Q1 FY27 but 38.6% lower than Q2 FY26. The company reported an EBITDA loss of ₹0.07 crore and a net loss of ₹0.59 crore for the quarter, with basic EPS of ₹0.30. The results were approved by the board on 4 November 2026.
Key points
- Consolidated revenue was ₹0.35 crore in Q2 FY27, down 38.6% from ₹0.57 crore in Q2 FY26.
- The company reported an EBITDA loss of ₹0.07 crore, against EBITDA of ₹0.23 crore in Q2 FY26.
- The EBITDA margin fell to -20.6% from 40.7%, a decline of 61.3 percentage points.
- A net loss of ₹0.59 crore was reported for Q2 FY27, compared with a net loss of ₹0.27 crore in Q2 FY26.
- Basic EPS was ₹0.30, compared with ₹0.15 in Q1 FY27 and ₹0.30 in Q2 FY26.
How did Blue Coast Hotels perform in Q2 FY27?
Blue Coast Hotels reported consolidated revenue of ₹0.35 crore in Q2 FY27. It was unchanged from Q1 FY27 and ₹0.22 crore lower than Q2 FY26, a fall of 38.6%. Total income was ₹0.36 crore, down ₹0.21 crore, or 36.8%, from ₹0.57 crore in the year-ago quarter.
The company reported an EBITDA loss of ₹0.07 crore in Q2 FY27, against EBITDA of ₹0.23 crore in Q2 FY26 and ₹0.08 crore in Q1 FY27. The EBITDA margin was -20.6%, compared with 40.7% a year ago and 23.3% in the previous quarter. The net loss was ₹0.59 crore, compared with a net loss of ₹0.27 crore in Q2 FY26 and ₹0.28 crore in Q1 FY27. Basic EPS was ₹0.30.
The filing also covered standalone results. On that basis, revenue was ₹0.35 crore, while profit before tax was ₹0.59 crore and the net loss was ₹0.59 crore. The board approved both standalone and consolidated unaudited results for the quarter and half-year ended 30 September 2026.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 0.35 | 0.35 | 0.57 | −38.6% | +0.0% |
| Other income | 0.01 | 0.15 | 0 | −93.3% | |
| Total expenses | 0.95 | 0.78 | 0.84 | +13.1% | +21.8% |
| EBITDA | −0.07 | 0.08 | 0.23 | turned to loss | turned to loss |
| EBITDA margin | -20.6% | 23.3% | 40.7% | −61.3 pp | −43.9 pp |
| Profit before tax | −0.59 | −0.28 | −0.27 | ||
| Tax | 0 | 0 | 0 | ||
| Net profit | −0.59 | −0.28 | −0.27 | ||
| EPS (₹) | −0.30 | −0.15 | −0.30 |
EBITDA here is revenue from operations less operating costs (total expenses excluding finance costs and depreciation): before other income and exceptional items. Growth is shown only when both figures are positive. Source: Company's results filing (XBRL).
What changed in Blue Coast Hotels' costs and profit?
Total expenses rose to ₹0.95 crore in Q2 FY27 from ₹0.84 crore in Q2 FY26, an increase of ₹0.11 crore, or 13.1%. Employee cost was ₹0.25 crore, up ₹0.06 crore, or 31.6%; finance costs were ₹0.47 crore, up ₹0.04 crore, or 9.3%; and other expenses were ₹0.17 crore, up ₹0.02 crore, or 13.3%. Depreciation fell to ₹0.05 crore from ₹0.07 crore, a decline of ₹0.02 crore, or 28.6%.
Other income was ₹0.01 crore in Q2 FY27 against ₹0 crore in Q2 FY26. There was no exceptional item in either period, and tax was ₹0 crore in both. In the preceding quarter, other income was ₹0.15 crore, while total expenses were ₹0.78 crore. The filing states that the company incurred recurring losses following the handover of its only operating asset, Park Hyatt Goa Resort & Spa.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 0 | 0 | 0 | |
| Employee cost | 0.25 | 0.19 | +0.06 | +31.6% |
| Finance costs | 0.47 | 0.43 | +0.04 | +9.3% |
| Depreciation | 0.05 | 0.07 | −0.02 | −28.6% |
| Other expenses | 0.17 | 0.15 | +0.02 | +13.3% |
| Total expenses | 0.95 | 0.84 | +0.11 | +13.1% |
| Other income | 0.01 | 0 | +0.01 | |
| Tax | 0 | 0 | 0 |
Source: Company's results filing (XBRL).
How did the first half of FY27 go?
For H1 FY27, consolidated revenue was ₹0.70 crore, unchanged from H1 FY26, while total income rose to ₹0.86 crore from ₹0.68 crore, an increase of ₹0.18 crore, or 26.5%. The company reported a loss before tax of ₹0.87 crore and a net loss of ₹0.87 crore for the first half, compared with a loss of ₹1.58 crore in H1 FY26.
Basic EPS for H1 FY27 was ₹0.46, compared with ₹1.12 in H1 FY26. The first-half result therefore showed lower losses than the year-earlier period, while revenue remained unchanged and total income increased.
| ₹ crore | H1 FY27 | H1 FY26 | Change |
|---|---|---|---|
| Revenue from operations | 0.70 | 0.70 | +0.0% |
| Profit before tax | −0.87 | −1.58 | |
| Net profit | −0.87 | −1.58 | |
| EPS (₹) | −0.46 | −1.12 |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
At 30 September 2026, total assets were ₹6.79 crore, compared with ₹6.92 crore at 31 March 2026. Total equity remained negative at ₹22.58 crore, compared with negative ₹21.66 crore at the previous balance-sheet date. Borrowings were ₹18.86 crore, compared with ₹17.95 crore, while cash was ₹0.16 crore, compared with ₹0.17 crore.
For H1 FY27, operating cash flow was ₹0.06 crore, compared with negative ₹0.22 crore in H1 FY26. Investing cash flow was negative ₹0.01 crore, compared with ₹0.13 crore, and financing cash flow was negative ₹0.07 crore, compared with ₹0.14 crore. Trade receivables were ₹0.11 crore, down from ₹0.29 crore, and trade payables were ₹0.13 crore, compared with ₹0.16 crore.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 6.79 | 6.92 |
| Total equity | −22.58 | −21.66 |
| Borrowings | 18.86 | 17.95 |
| Cash and equivalents | 0.16 | 0.17 |
| Inventories | 0 | 0 |
| Trade receivables | 0.11 | 0.29 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | 0.06 | −0.22 |
| Cash from investing | −0.01 | 0.13 |
| Cash from financing | −0.07 | 0.14 |
| Capital expenditure | 0 | 0 |
Source: Company's results filing (XBRL).
How has Blue Coast Hotels done over the last 8 quarters?
Revenue across the reported quarters was highest at ₹1.23 crore in Q4 FY26 and was ₹0.35 crore in both Q1 FY27 and Q2 FY27. The company’s net loss was smallest at ₹0.14 crore in Q4 FY26, compared with ₹0.59 crore in the latest quarter. The EBITDA margin peaked at 49.3% in Q4 FY26 and fell to -20.6% in Q2 FY27.
The latest quarter showed revenue unchanged from Q1 FY27, but the EBITDA margin declined from 23.3% to -20.6%, while the net loss increased from ₹0.28 crore to ₹0.59 crore. The direction of revenue has therefore been flat in the two most recent quarters, while the reported margin and profit moved lower.
What did the auditors point out?
The limited review report stated that nothing had come to the auditors’ attention that caused them to believe the statement had not disclosed the information required under Regulation 33 of the SEBI listing regulations, or that it contained a material misstatement. The review was limited primarily to inquiries of company personnel and analytical procedures, providing less assurance than an audit, and the auditors did not express an audit opinion.
The auditors included a separate paragraph titled “Material uncertainty related to Going Concern.” They drew attention to operational losses and negative net worth as on 30 September 2026, a default in dividend payment on redeemable preference shares of Rs. 485.27 lakhs, and redemption of 0.01% redeemable preference shares of Rs. 966.89 lakhs due up to 30 October 2026. They said this indicates a material uncertainty that may cast significant doubt on the company’s ability to continue as a going concern. The financial statements were nevertheless prepared by management on a going-concern basis.
How did Blue Coast Hotels shares react?
| After the filing | Stock |
|---|---|
| 5 minutes | +1.8% |
| 15 minutes | −1.6% |
| 30 minutes | −1.6% |
| Reaction day | +1.1% |
| Next day | −3.8% |
Minutes are measured from the price when the filing appeared; days from the previous close. Source: MarketPing price-reaction measurement.
| Results filed on | Stock on the reaction day |
|---|---|
| 7 August 2026 | +3.4% |
| 5 May 2026 | −0.1% |
| 13 February 2026 | −1.8% |
| 10 November 2025 | −0.2% |
| 6 August 2025 | +5.0% |
| 22 May 2025 | +1.4% |
| 18 January 2025 | +2.0% |
Source: MarketPing price-reaction measurement.
Quick answers
What was Blue Coast Hotels' revenue in Q2 FY27?
Revenue from operations was ₹0.35 crore, down 38.6% from ₹0.57 crore in Q2 FY26 (consolidated).
Did Blue Coast Hotels make a profit in Q2 FY27?
No. It reported a net loss of ₹0.59 crore, against a net loss of ₹0.27 crore in Q2 FY26.
What was Blue Coast Hotels' EPS in Q2 FY27?
Basic loss per share was ₹0.30, against a loss of ₹0.30 in Q2 FY26.
How did Blue Coast Hotels shares react to the Q2 FY27 results?
On the reaction day the stock moved +1.1% from the previous close.
When did Blue Coast Hotels announce its Q2 FY27 results?
On 4 November 2026, in a filing to the BSE.
Sources
- Board Meeting Intimation for Approval Of Financial Results (BSE, 31 October 2026) · PDF
- Board Meeting Outcome for Outcome Of Board Meeting (BSE, 4 November 2026) · PDF
- Results For The Quarter And Half-Year Ended September 30, 2026 (BSE, 4 November 2026) · PDF
How this was written: every figure in the tables and charts is calculated from the company’s filed results (XBRL) and MarketPing’s price measurements. The text is drafted with AI from those figures and the filings, and a checker removes any sentence carrying a number it cannot trace to them. How we write these.
This is information, not investment advice. MarketPing does not recommend buying or selling any security.