BSECompany Update3d ago · 17 Aug 2026, 03:17 pm
PFA Company''s Press Release dated August 14, 2026 on unaudited standalone financial results for the quarter ended June 30, 2026.
Advani Hotels & Resorts (India) Ltd · 523269
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Advani Hotels & Resorts (India) Ltd reported Q1 FY27 unaudited standalone financial results, with revenue from operations growing 5.5% YoY to ₹2,102.08 lakhs, driven by improved occupancy and stable realisations. The company remains debt-free and continues to be funded entirely through internal accruals. The company has initiated several strategic FY27 initiatives, including the expansion of its Caravela Beach Resort with 28-56 additional keys and the introduction of pickleball courts.
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Earnings Impact6/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10
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Advani Hotels & Resorts (India) Ltd - 523269 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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Date: August 17, 2026
The Manager
Corporate Compliance Department The Manager- Listing
BSE Limited The National Stock Exchange of India Limited
Rotunda Building P. J. Towers, Exchange Plaza, 5th Floor, ‘G’ Block
Dalal Street, Fort, Mumbai 400001, Bandra Kurla Complex, Bandra (East),
Scrip Code – 523269 Mumbai 400051
Symbol – ADVANIHOTR
Dear Sir / Madam,
Sub: Submission of ‘Press Release’
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015 (the “Listing Regulations”), we are enclosing herewith
the ‘Press Release’ dated August 14, 2026.
The same will also be made available on the website of the Company i.e.
www.carevelabeachresortsgoa.com.
Kindly take the same on record.
Thanking you,
Yours faithfully,
For Advani Hotels & Resorts (India) Limited,
Sunder G. Advani
Chairman & Manging Director
DIN: 00001365
Encl: As stated above
ADVANI HOTELS & RESORTS (INDIA) LIMITED
(CIN: L99999MH1987PLC042891)
Registered Office: 18A & 18B, Jolly Maker Chambers – II, Nariman Point, Mumbai - 400021
Tel: (91-22) 22850101 Telefax: (91-22) 22040744| Website: www.caravelabeachresortgoa.com
EMAIL: cs.ho@advanihotels.com
Advani Hotels & Resorts (India) Ltd. (Caravela Beach Resort Goa)
Delivered Total Income of ₹2,205.03 lakhs in Q1 FY27, registering a growth of 5.5% (YoY)
Mumbai, August 14, 2026: Advani Hotels & Resorts Ltd., approved the unaudited standalone financial
results on August 14, 2026, for the quarter ended June 30, 2026.
Financial Table:
Particulars (₹ In Lakhs) Q1 FY27 Q1 FY26 FY26
Revenue from Operations 2,102.08 1,992.37 10,671
Other Income 102.95 96.49 350
Total Income 2,205.03 2,088.86 11,021
Operating Expenses 1,937.28 1696.68 7,455
EBITDA (Incl. Other Income) 267.75 392.18 3,566
EBITDA Margins (%) 12.1% 18.8% 32.4%
Profit After Tax 138.63 235.06 2,386
Total Room Nights Sold (Numbers) 13057 12356 52,263
Occupancy (%) (on available rooms for sale) 76.3% 69.7% 73.4%
Total Revenue per occupied room per night (TRevPOR) (₹)
16,888 16,906 21,086
after subtracting Tax
Liquid Fund Reserves (including Fixed Deposits) 5,063 4,662 5,718
Key performance indicators of Q1 FY27 are below:
• Revenue from Operations grew 5.5% YoY to ₹2,102.08 lakhs from ₹1,992.37 lakhs, aided by
improved occupancy and stable realisations (TRevPOR) notwithstanding subdued foreign tourist
arrivals into Goa and elevated airfares.
• The moderation was driven almost entirely by higher other expenses, primarily due to a sharp
increase in diesel prices amid prevailing geopolitical developments in the Gulf region, a planned
increase in repair and maintenance activity at the resort, and training and transition costs
associated with the implementation of the new ‘OPERA’ Property Management System and the
‘Symphony’ Point of Sale software.
• Despite the ongoing West Asia crisis, subdued foreign tourist inflows, and higher airfares, the
Company improved occupancy levels to 76.3% in Q1 FY27.
• The Company remains debt-free and continues to be funded entirely through internal accruals.
ADVANI HOTELS & RESORTS (INDIA) LIMITED
(CIN: L99999MH1987PLC042891)
Registered Office: 18A & 18B, Jolly Maker Chambers – II, Nariman Point, Mumbai - 400021
Tel: (91-22) 22850101 Telefax: (91-22) 22040744| Website: www.caravelabeachresortgoa.com
EMAIL: cs.ho@advanihotels.com
Strategic FY27 Initiatives -
• Work on the new banquet hall, with ancillary facilities totalling 16,530 square feet, together with
the new event pool, continued to progress during the quarter. The Company has already spent Rs.
229 lakhs as on June 30, 2026 on these projects from its own internal accruals.
• In line with evolving consumer preferences and experiential hospitality trends, the Company has
also introduced 4 dedicated pickleball courts within the hotel premises.
• The Board of Directors, approved a capacity addition at Caravela Beach Resort of 28 to 56
additional keys over the existing capacity of 196 keys, subject to the necessary approvals from the
concerned authorities. The expansion entails an estimated investment of approximately ₹75 lakhs
per key, to be funded entirely through internal accruals, and is proposed to be completed within
two years from the receipt of the requisite approvals. The additional keys, in combination with the
new banquet facilities and the new swimming pool, are expected to enhance revenue from large
weddings and large corporate MICE movements.
Company Updates –
• The Company’s assets and business have been independently valued by two SEBI-registered
valuers (Whitestone Valuers and Anvi Advisors), providing an objective assessment of the
underlying asset value. The Company has adopted the more conservative valuation, reflecting a
prudent approach towards asset valuation.
o Asset valuation excluding the banquet facility: ₹828.5 crore
o Asset valuation including the banquet facility: ₹982.0 crore
• We would like to reiterate that the Company reinstated the value of its land parcel to ~₹430 crore
in accordance with the applicable IND AS provisions, as against the historical carrying value of ₹2.56
crore. This reinstatement appropriately reflects the fair value of the underlying asset and
significantly enhances the Company’s net worth and asset base.
Mr. Sunder Advani - Chairman & Managing Director:
“Q1 is seasonally one of our weak quarters, and this year it was made more challenging by the situation in
West Asia, subdued foreign tourist arrivals into Goa and elevated airfares. Against this backdrop, I am
pleased that we grew Total Income by 5.5% to ₹2,205 lakhs, supported by improved realisations and stable
occupancy.
ADVANI HOTELS & RESORTS (INDIA) LIMITED
(CIN: L99999MH1987PLC042891)
Registered Office: 18A & 18B, Jolly Maker Chambers – II, Nariman Point, Mumbai - 400021
Tel: (91-22) 22850101 Telefax: (91-22) 22040744| Website: www.caravelabeachresortgoa.com
EMAIL: cs.ho@advanihotels.com
Profitability for the quarter was, however, lower than last year. Our other expenses rose driven largely by
increase in diesel prices amid the developments in the Gulf, together with a deliberate step-up in repairs
and maintenance at the resort and the one-time cost of training our teams on the new ‘OPERA’ property
management and ‘Symphony’ point-of-sale systems. The maintenance and technology spend are
investments in the guest experience and in the long-term efficiency of the resort, and we expect them to
normalise over the balance of the year.
Looking ahead, the Board has approved an expansion of the resort by 28 to 56 keys, subject to approvals, at
an estimated cost of about ₹75 lakhs per key, to be funded entirely from internal accruals. This will come
alongside our new 16,530 square feet banquet hall with ancillary facilities and the new event pool, and is
intended to allow us to host larger weddings and corporate MICE movements. With a debt-free balance
sheet, healthy liquidity and Goa’s continued appeal as a leisure and events destination, we remain confident
of creating sustainable long-term value for our shareholders.”
About Advani Hotels & Resorts Ltd.:
Advani Hotels & Resorts (India) Limited (ADVANIHOTR) is a publicly traded company incorporated in 1987,
headquartered in Mumbai and listed on BSE Limited and the National Stock Exchange of India Limited.
It owns and operates the 'Caravela Beach Resort Goa'; an independent, 196-key, 5-Star Deluxe golf resort
on the Arabian Sea, designed by the world-famous architects WATG (who designed both the 'Atlantis'
resorts).
The Caravela is located on a 22-acre estate with a 277-meter long beach-front on the powdery white sands
of Varca Beach, South Goa. The Caravela is surrounded by immaculately landscaped gardens and a golf
course designed by the international landscape architect, Belt Collins.
Over the last ten years, Advani Hotels has paid total dividends of ₹102 crore, including dividend tax, to its
shareholders, with dividends distributed in nine of the last ten years. The only year with
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