Gujarat Hotels Ltd

Gujarat Hotels Limited – Trading Window Closed from 1 October 2026 for Designated Employees and Their Immediate Relatives; opens after 48 hours from the announcement of the Unaudited Financial Results for the Quarter and Six Months ending 30 September 2026.

AGM Details

• AGM held on 26 August 2026 via Video Conferencing / Other Audio Visual Means.
• Meeting commenced at 11:00 a.m. IST; 57 members attended.
• Record date for voting: 19 August 2026.
• Meeting concluded at 12:10 p.m.

Resolutions

• Adoption of financial statements and reports for the year ended 31 March 2026.
• Final dividend of Rs 3 per equity share approved.
• Appointment of Arif Musa Patel re-elected after retirement by rotation.
• Remuneration for KC Mehta & Co. LLP approved for 2026-27.

Voting Results

• Item 1 passed; 99.9971% in favour, 0.0029% against.
• Item 2 passed; 99.9971% in favour, 0.0029% against.
• Item 3 passed; 95.7521% in favour, 4.2479% against.
• Item 4 passed; 99.9971% in favour, 0.0029% against.

Director Changes

• Re-appointment of director by rotation: Arif Musa Patel.

Auditor Updates

• Remuneration to statutory auditors approved for the financial year 2026-27.

Financials

• Revenue from operations: ₹461.94 lakh.
• Total income: ₹771.70 lakh.
• Profit before tax: ₹714.25 lakh.
• Profit for the year: ₹565.65 lakh.
• EPS (basic): ₹14.93.
• Final dividend: ₹3.00 per share; record date 17-Jul-2026; payout window 27 Aug–2 Sep 2026.

Operations and assets

• Welcomhotel Vadodara income: ₹3,099.98 lakh.
• License fees from ITC Hotels Limited: ₹545.09 lakh; reimbursements: ₹625.02 lakh.
• Mutual fund investments: ₹5,211.60 lakh.
• Trade receivables: ₹215.62 lakh.
• Cash and equivalents: ₹23.34 lakh; bank balances: ₹22.48 lakh.
• Dematerialised holding: 77.19% NSDL, 19.49% CDSL, 3.32% physical.

Dividends & shareholder returns

• Final dividend ₹3.00 per share; cash outflow ₹113.63 lakh.
• Record date: 17-Jul-2026; dividend payout: 27 Aug–2 Sep 2026.
• Unclaimed dividend for 2017-18 transferred to IEPF; due date 12 Oct 2026.

Capital structure & liquidity

• No borrowings; total equity ₹5,300.72 lakh; total assets ₹5,708.12 lakh.
• Equity share capital ₹378.75 lakh; current liabilities ₹116.23 lakh.
• Current ratio 47.73x; investments ₹5,211.60 lakh; cash ₹23.34 lakh.

Governance & audit

• Board: 6 directors; independent directors 3 (50%).
• Auditors: K C Mehta & Co. LLP; audit fee ₹1.04 lakh.
• Independent Auditor’s Report: unmodified opinion; leasehold land issue noted as KAM.
• Subsidiaries/associates: company became associate of ITCHL from 1 Jan 2025; no subsidiary.

Regulatory, risk & outlook

• Leasehold land conversion to freehold or lease extension ongoing; writ petition pending.
• Indian hospitality sector outlook positive; FY2026-27 expected growth around 6.5%.
• Demonstrated governance compliance; no material internal control weaknesses reported.

AGM & upcoming actions

• 44th AGM scheduled for 26 Aug 2026 via video conference/AVM.
• Remote e-voting from 22 Aug to 25 Aug 2026; AGM attendance via NSDL platform.

Financials

• Revenue from operations: ₹94.91 lakh; Total income: ₹197.75 lakh.
• Other income: ₹102.84 lakh.
• Profit before tax: ₹183.47 lakh.
• Tax expense: ₹36.48 lakh (current ₹20.88, deferred ₹15.60).
• Net profit after tax: ₹146.99 lakh.
• Earnings per share: ₹3.88 (basic and diluted).
• Segment: Hoteliering; Geography: India.
• Limited Review completed; no impact on results.
• Final dividend ₹3 per share for FY2026; payable 27 Aug–2 Sep 2026; subject to AGM.
• Record date: Friday, 17 July 2026.
• AGM: 26 August 2026 via video conferencing.
• Share capital: ₹378.75 lakh.
• Reserves excluding revaluation: ₹4,921.97 lakh.

Dematerialisation actions status

• Securities dematerialised have been listed on stock exchanges.
• Certificates for dematerialisation mutilated and cancelled; depository named as registered owner.
• Actions completed within 15 days of receipt of dematerialisation securities.

Meeting Details

• Board meeting scheduled for 9 July 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited quarterly results for quarter ended 30 June 2026, with notes.

Other Notes

• No other material notes disclosed.