| Revenue growth | Revenue +12% YoY to ₹86 Cr; same-store +31%, Mumbai exit distorts. |
|---|---|
| Margins | EBITDA margin 26% (+13ppt) vs 28% H1; sustainability asserted, unquantified. |
| Demand visibility | Oct encouraging; Diwali-hit Nov; Q3 'good track' unquantified; Goa foreign demand strong. |
| Management confidence | Over-optimistic: H2 'much faster' growth claimed, no numbers given. |
Growth
Revenue +12% to ₹86 Cr; EBITDA +131% to ₹22 Cr, driven by occupancy (50→58%), ADR up ~3%.
Outlook
No H2 revenue or EBITDA number given; FY30 targets: 31 properties, 3,000+ keys, ARR ₹8,000 (+33%).
Risks
ADR flat ~3%; Bhavnagar and Rishikesh loss-making; Plaza royalty raised 3%→5%, minority concern unresolved; Diwali-hit November.
Last quarter's promises, checked
Partly delivered
- Guided net-zero debt, no date; net debt ₹38 Cr → ₹31 Cr after ₹30 Cr repayment (= PARTIAL)
- Guided 63-room Dwarka Nov–Dec 2026 → current call cites 266 keys, managed, no date (= PARTIAL)
Missed
- Guided QoQ revenue growth from ₹91 Cr (Q1) → delivered ₹86 Cr (= MISS)
- Guided EBITDA margin stable or improving from 27% → delivered 26% (= MISS)
- Guided Gwalior opening by Diwali / end Oct–Nov → current call lists Dec–Jan (= MISS)
Earnings Call Transcript filed with BSE, NSE: KAMATHOTEL. Summary written with AI assistance from the document.
Kamat Hotels (India) Ltd: key numbers
- Share price
- ₹232.00
- Market cap
- ₹683.9 Cr
- Revenue (annual)
- ₹385.6 Cr
- Net profit (annual)
- ₹34.38 Cr
- P/E (TTM)
- 14.3×Sector 44.8×
- Promoter holding
- 57.78%+0.00% QoQ
- FII holding
- 0.01%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Kamat Hotels (India) Ltd
All →Kamat Hotels (India) Investor Presentation: Key Takeaways
Q2 FY27 consolidated revenue ₹861Mn (+12%), EBITDA ₹224Mn at 26% margin, PAT ₹54Mn vs loss. H1 PAT ₹151Mn. Asset-light KHIL 3.0 expansion.
Kamat Hotels (India) Employee Stock Options
Kamat Hotels (India) Ltd has granted 1,78,000 Restricted Stock Units to eligible employees. These options are exercisable at Rs. 10 each under the company's ESOP Scheme 2026.
Kamat Hotels (India) Q2 FY27 Results: Turns Profitable, Net Profit ₹5.4 Cr
Kamat Hotels (India) Ltd reported revenue from operations of ₹83.7 Cr (+11.5% YoY) and net profit of ₹5.4 Cr for Q2 FY27.
- Key figure
- Net profit ₹5.4 Cr
Kamat Hotels (India) Board Meeting Date
Kamat Hotels' board is scheduled for 3 Nov 2026 to approve unaudited Q2/H1 FY27 results. No financial figures or other decisions are disclosed in this intimation.
Kamat Hotels (India) Other Announcement
Kamat Hotels (India) Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, as required by SEBI regulations.
Kamat Hotels (India) Other Announcement
Kamat Hotels (India) Ltd has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 2026.