Financial Result for the Quarter ended June 30, 2026
RESULTS
▼ Concern Flagged
HIGH RISK
📅 Filed on BSE: 28 Jul 2026, 01:26 PM IST · BSE ID: 68a97d2b-093c-49ec-930a-71e63af4c3e1
View Original BSE Filing (PDF)
💡
In Simple Terms
The hotel company reported a loss for the quarter and is still facing large legal disputes over land rent with the Airports Authority of India.
🤖 AI Summary
- HLV Ltd reported a Net Loss of Rs. 78 lakhs for the first quarter ended June 30, 2026.
- The Board approved the 45th Annual General Meeting (AGM) to be held on Thursday, August 27, 2026.
- A Record Date of Thursday, August 20, 2026, was fixed for the purpose of the 45th Annual General Meeting.
- Disputed amounts with Airports Authority of India (AAI) total Rs. 98,840 lakhs as of June 30, 2026, and are not provided for in the books.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Net Profit/(Loss) for the period (Q1 FY27)
(78) lakhs
Not comparable — limited prior period data.
Net sales / income from operations (Q1 FY27)
4,668 lakhs
14.58%
Total income (Q1 FY27)
4,995 lakhs
13.60%
Cumulative AAI dispute (18,000 Sq. Mtrs. land) as of June 30, 2026
18,135 lakhs
AAI claim (11,000 sq.mtrs. land) as of January 31, 2019
80,705 lakhs
🏢 How This Affects the Company
The ongoing disputes with Airports Authority of India (AAI) over lease renewals and eviction proceedings introduce uncertainty regarding the long-term operational continuity of the Mumbai hotel property.
HLV Ltd reported a net loss for the quarter, and significant contingent liabilities of Rs. 98,840 lakhs related to AAI disputes are not provisioned, directly impacting the balance sheet's true reflection of liabilities.
The legal and arbitration proceedings with AAI require management attention and resources, potentially diverting focus from core hoteliering operations.
The company's financial results are prepared on a 'going concern basis,' contingent on favorable judgments regarding AAI disputes, highlighting a material business continuity risk.
👥 What This Means For Shareholders
✅
Action Required
Shareholders should note the Record Date of August 20, 2026, to be eligible to participate and vote in the 45th Annual General Meeting on August 27, 2026.
👤
Who Is Affected
Shareholders on record as of August 20, 2026, are affected as they will be entitled to participate in the 45th Annual General Meeting to review the company's performance and strategy.
🔍
Management Signal
Management is proceeding with regular corporate governance activities like the AGM, while also actively contesting significant financial liabilities and lease termination disputes with AAI.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Outcome of the 45th Annual General Meeting on August 27, 2026.
Updates on the ongoing AAI eviction and arbitration proceedings.
Details of the Annual Report submitted to the Stock Exchanges.
HIGH RISK
The company's 'going concern' assumption is explicitly linked to favorable outcomes in material, long-standing disputes with AAI.
💡 Investor Takeaway
HLV Ltd reported a Q1 FY27 Net Loss of Rs. 78 lakhs, a decline from the prior quarter's profit. Cumulative disputed amounts with AAI are Rs. 98,840 lakhs as of June 30, 2026, which are not provisioned.
⚖️ Strengths & Concerns
⚠️ Concerns
- HLV Ltd reported a Net Loss of Rs. 78 lakhs for Q1 FY27, reversing from a Profit Before Tax of Rs. 860 lakhs in Q4 FY26.
- The company faces unprovided contingent liabilities totaling Rs. 98,840 lakhs due to ongoing disputes with AAI regarding land lease and rent.
📅 Company Track Record
HLV Ltd reported a Net Loss of Rs. 78 lakhs in Q1 FY27, a shift from FY26's Net Profit of Rs. 208 lakhs. Past filings consistently flagged AAI disputes, with cumulative amounts growing from Rs. 98,257 lakhs in May 2026 to Rs. 98,840 lakhs as of June 30, 2026.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was HLV Ltd's Net Profit or Loss for the quarter ended June 30, 2026?
HLV Ltd reported a Net Loss of Rs. 78 lakhs for the quarter ended June 30, 2026.
What is the total disputed amount with Airports Authority of India (AAI) for HLV Ltd?
The total disputed amount with AAI, not provided in the books, is Rs. 98,840 lakhs as of June 30, 2026 (Rs. 18,135 lakhs + Rs. 80,705 lakhs).
When is HLV Ltd's 45th Annual General Meeting (AGM) scheduled?
The 45th Annual General Meeting (AGM) of HLV Ltd is scheduled to be held on Thursday, August 27, 2026, at 11:30 A.M. (IST).
What is the Record Date for HLV Ltd's 45th Annual General Meeting?
The Record Date for the purpose of the 45th Annual General Meeting is Thursday, August 20, 2026.
Questions based on this BSE filing only. For information purposes.