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The Byke Hospitality Q2 FY27 results: net profit up 3.1% to ₹1.34 crore, revenue down 1.2%
The Byke Hospitality Ltd reported standalone revenue of ₹24.32 crore and a net profit of ₹1.34 crore for Q2 FY27. Revenue fell from ₹28.85 crore in Q1 FY27, while EBITDA declined to ₹10.34 crore and the EBITDA margin eased to 42.5%.
Key points
- Q2 FY27 standalone revenue was ₹24.32 crore, down 15.7% from ₹28.85 crore in Q1 FY27.
- EBITDA was ₹10.34 crore, down 18.0% from ₹12.61 crore in Q1 FY27.
- The EBITDA margin was 42.5%, compared with 43.7% in Q1 FY27 and 46.2% in Q2 FY26.
- Net profit was ₹1.34 crore and basic EPS was ₹0.26.
- H1 FY27 revenue was ₹53.17 crore and net profit was ₹3.59 crore, compared with ₹51.44 crore and ₹3.45 crore in H1 FY26.
How did The Byke Hospitality perform in Q2 FY27?
The Byke Hospitality reported standalone revenue of ₹24.32 crore in Q2 FY27, down ₹4.53 crore or 15.7% from ₹28.85 crore in Q1 FY27 and ₹0.30 crore or 1.2% from ₹24.62 crore in Q2 FY26. EBITDA was ₹10.34 crore, down 18.0% from the previous quarter and 9.0% from the year-ago quarter. The EBITDA margin was 42.5%, compared with 43.7% in Q1 FY27 and 46.2% in Q2 FY26.
Profit before tax was ₹1.53 crore, up 13.3% from ₹1.35 crore in Q2 FY26 but down 32.0% from ₹2.25 crore in Q1 FY27. Net profit was ₹1.34 crore, against ₹1.30 crore in the year-ago quarter and ₹2.25 crore in the previous quarter. Basic EPS was ₹0.26, compared with ₹0.25 in Q2 FY26 and ₹0.43 in Q1 FY27. The figures are on a standalone basis.
| ₹ crore | Q2 FY27 | Q1 FY27 | Q2 FY26 | YoY | QoQ |
|---|---|---|---|---|---|
| Revenue from operations | 24.32 | 28.85 | 24.62 | −1.2% | −15.7% |
| Other income | 1.86 | 0.30 | 0.33 | +463.6% | +520.0% |
| Total expenses | 24.65 | 26.90 | 23.59 | +4.5% | −8.4% |
| EBITDA | 10.34 | 12.61 | 11.36 | −9.0% | −18.0% |
| EBITDA margin | 42.5% | 43.7% | 46.2% | −3.7 pp | −1.2 pp |
| Profit before tax | 1.53 | 2.25 | 1.35 | +13.3% | −32.0% |
| Tax | 0.19 | 0.01 | 0.05 | +280.0% | +1800.0% |
| Net profit | 1.34 | 2.25 | 1.30 | +3.1% | −40.4% |
| EPS (₹) | 0.26 | 0.43 | 0.25 | +4.0% | −39.5% |
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 The Byke Hospitality's costs and profit?
Total expenses rose 4.5% year on year to ₹24.65 crore, compared with ₹23.59 crore in Q2 FY26, while revenue fell 1.2% to ₹24.32 crore. Employee cost increased 14.8% to ₹4.81 crore, depreciation and amortisation rose 7.7% to ₹7.86 crore, and other expenses increased 3.6% to ₹6.02 crore. Cost of materials fell 3.1% to ₹3.15 crore, while finance costs declined 7.6% to ₹2.81 crore.
Other income increased 463.6% to ₹1.86 crore from ₹0.33 crore in Q2 FY26, and total income rose 4.9% to ₹26.18 crore. There was no exceptional item. Tax expense was ₹0.19 crore, up from ₹0.05 crore in the year-ago quarter. Despite the higher total income and other income, EBITDA fell 9.0% and its margin declined 3.7 percentage points.
| ₹ crore | Q2 FY27 | Q2 FY26 | Change | Change % |
|---|---|---|---|---|
| Cost of materials | 3.15 | 3.25 | −0.10 | −3.1% |
| Employee cost | 4.81 | 4.19 | +0.62 | +14.8% |
| Finance costs | 2.81 | 3.04 | −0.23 | −7.6% |
| Depreciation | 7.86 | 7.30 | +0.56 | +7.7% |
| Other expenses | 6.02 | 5.81 | +0.21 | +3.6% |
| Total expenses | 24.65 | 23.59 | +1.06 | +4.5% |
| Other income | 1.86 | 0.33 | +1.53 | +463.6% |
| Tax | 0.19 | 0.05 | +0.14 | +280.0% |
Source: Company's results filing (XBRL).
How did the first half of FY27 go?
In the first half of FY27, standalone revenue rose 3.4% to ₹53.17 crore from ₹51.44 crore in H1 FY26. Total income increased 6.0% to ₹55.33 crore from ₹52.2 crore, while profit before tax rose 5.0% to ₹3.78 crore from ₹3.6 crore.
Net profit for H1 FY27 was ₹3.59 crore, up 4.1% from ₹3.45 crore in H1 FY26. Basic EPS increased to ₹0.69 from ₹0.66. The company’s board approved the unaudited financial results for the quarter and half year ended September 30, 2026, along with the auditors’ limited review report.
| ₹ crore | H1 FY27 | H1 FY26 | Change |
|---|---|---|---|
| Revenue from operations | 53.17 | 51.44 | +3.4% |
| Profit before tax | 3.78 | 3.60 | +5.0% |
| Net profit | 3.59 | 3.45 | +4.1% |
| EPS (₹) | 0.69 | 0.66 | +4.5% |
Source: Company's results filing (XBRL).
What do the balance sheet and cash flow show?
Total assets were ₹351.4 crore at September 30, 2026, compared with ₹344.06 crore at March 31, 2026. Equity rose to ₹235.06 crore from ₹231.47 crore, while borrowings increased to ₹27.76 crore from ₹15.48 crore. Cash and cash equivalents fell to ₹2.55 crore from ₹3.97 crore; inventories were ₹11.43 crore, trade receivables ₹20.44 crore and trade payables ₹3.44 crore.
Net cash flow from operating activities in H1 FY27 was ₹12.43 crore, compared with ₹16.38 crore in H1 FY26. Investing cash flow was negative ₹14.38 crore against negative ₹4.45 crore, while financing cash flow was positive ₹0.54 crore against negative ₹13.87 crore. Capital expenditure was ₹10.33 crore, compared with ₹10.18 crore in the year-ago period.
| ₹ crore | As of 30 September 2026 | As of 31 March 2026 |
|---|---|---|
| Total assets | 351.40 | 344.06 |
| Total equity | 235.06 | 231.47 |
| Borrowings | 27.76 | 15.48 |
| Cash and equivalents | 2.55 | 3.97 |
| Inventories | 11.43 | 11.61 |
| Trade receivables | 20.44 | 20.54 |
Source: Company's results filing (XBRL).
| ₹ crore | H1 FY27 | H1 FY26 |
|---|---|---|
| Cash from operations | 12.43 | 16.38 |
| Cash from investing | −14.38 | −4.45 |
| Cash from financing | 0.54 | −13.87 |
| Capital expenditure | 10.33 | 10.18 |
Source: Company's results filing (XBRL).
How has The Byke Hospitality done over the last 8 quarters?
Revenue reached ₹28.85 crore in Q1 FY27 before falling to ₹24.32 crore in Q2 FY27; over the same period, net profit fell from ₹2.25 crore to ₹1.34 crore and the EBITDA margin eased from 43.7% to 42.5%. Revenue and profit for the reported quarter were higher than Q2 FY26, when revenue was ₹24.62 crore and net profit was ₹1.30 crore.
The EBITDA margin peaked at 46.2% in Q2 FY26 and reached its lowest level, 38.0%, in Q3 FY25. Net profit was highest at ₹2.25 crore in Q1 FY27 and lowest at ₹0.77 crore in Q4 FY25. The figures show a year-on-year profit increase in each of the last five quarters.
How did other Hotels & Resorts companies do?
Among the 23 Hotels & Resorts companies compared for this quarter, the median revenue growth was 12.3%. Five peers grew slower than The Byke Hospitality, while 18 peers grew faster. Of the 23 peers for which profit was compared, 16 reported higher profit.
| The Byke Hospitality revenue growth (YoY) | −1.2% |
|---|---|
| Median of 23 other Hotels & Resorts companies | +12.3% |
| Companies with slower revenue growth than The Byke Hospitality | 5 of 23 |
| Companies with faster revenue growth than The Byke Hospitality | 18 of 23 |
| Companies whose net profit rose | 16 of 23 |
Source: Filed results (XBRL) of the industry's companies.
Quick answers
What was The Byke Hospitality's revenue in Q2 FY27?
Revenue from operations was ₹24.32 crore, down 1.2% from ₹24.62 crore in Q2 FY26 (standalone).
Did The Byke Hospitality make a profit in Q2 FY27?
Yes. Net profit was ₹1.34 crore, against a net profit of ₹1.30 crore in Q2 FY26.
What was The Byke Hospitality's EPS in Q2 FY27?
Basic earnings per share were ₹0.26, against ₹0.25 in Q2 FY26.
When did The Byke Hospitality announce its Q2 FY27 results?
On 5 November 2026, in a filing to the NSE.
Sources
- Board Meeting Intimation for Board Meeting Intimation (BSE, 29 October 2026) · PDF
- Outcome of Board Meeting (NSE, 5 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.
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