Vikram Kamats Hospitality Q1 FY27: Revenue rises, but profit mix tells a deeper story

The presentation provides results for the quarter ended 30 June 2026 with year on year comparison to the quarter ended 30 June 2025, and also shows consolidated results for the same periods.

Consolidated total revenue was INR 15.3432 crore and consolidated EBITDA was INR 3.3413 crore for the quarter ended 30 June 2026.

Standalone total revenue was INR 8.2260 crore and EBITDA was INR 1.8363 crore. Profit before tax was INR 0.6570 crore and total comprehensive income was INR 0.4821 crore.

Vitizen Hotels Limited reported total revenue of INR 7.8693 crore and EBITDA of INR 2.0891 crore. Profit before tax was INR 0.4551 crore and total comprehensive income was INR 0.3363 crore.

The company describes a mix of company-operated or leased properties where revenues and expenses are recorded in its books, and managed or franchised properties where it earns fees and royalty typically 5% to 7% of turnover while the third party bears operating costs.

The presentation states more than 22 hotels and lists properties such as VITS Daman Devka Beach, VITS Lonavala, and VITS Select Kharadi Pune. It also mentions VITS Select Ayodhya and VITS Daman Jetty as coming soon.

The presentation mentions a rights issue in 2022 (64,95,000 equity shares in a 3:2 ratio), migration to the BSE main board in 2022, dividends proposed or declared in 2023 (5%) and 2024 (3%), and fundraising of approximately INR 28 crore in 2024.