Vikram Kamats Hospitality Ltd
Please find enclosed revised Auditor Report on Consolidated Financial Results of the Company for the Quarter and Year ended on 31st March, 2026.
RESULTS
● No Immediate Change
MEDIUM RISK
📅 Filed on BSE: 01 Jul 2026, 10:52 AM IST · BSE ID: 8632cc00-3b40-4e3f-8d44-77a98eb6ede5
View Original BSE Filing (PDF)
💡
In Simple Terms
The company resubmitted its auditor's report for the financial year ending March 2026, clarifying the consolidated financial statements.
🤖 AI Summary
- Vikram Kamats Hospitality Limited submitted a revised Auditor Report for Consolidated Financial Results for the quarter and year ended March 31, 2026.
- The revision was in response to a BSE query concerning the format of the Auditor Report, specifically SEBI circular CIR/CFD/CMD1/80/2019 dated July 19, 2019.
- The Independent Auditor's Report issued by Chaturvedi Sohan & Co. confirmed a consolidated net loss for the Group for the year ended March 31, 2026.
- The consolidated financial statements include subsidiary Vitizen Hotels Limited and foreign associate Vits Hospitality Company Limited.
- Auditors did not audit one subsidiary with total assets of Rs. 6700.64 lakhs and total revenue of Rs. 2771.77 lakhs as of March 31, 2026.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Total assets of unaudited subsidiary (as at March 31, 2026)
Rs. 6700.64 lakhs
Total revenue of unaudited subsidiary (for year ended March 31, 2026)
Rs. 2771.77 lakhs
Net cash flow of unaudited subsidiary (for year ended March 31, 2026)
Rs. (0.62) lakhs
Group’s share of net profit/loss of foreign associate (for year ended March 31, 2026)
Rs. Nil
🏢 How This Affects the Company
The auditor's report indicates a consolidated net loss for the Group for the year ended March 31, 2026, as per Indian Accounting Standards.
The resubmission addresses a regulatory compliance query from BSE, reducing format-related compliance risk.
👥 What This Means For Shareholders
✅
Action Required
No direct action is required from shareholders based on this regulatory filing.
👤
Who Is Affected
All shareholders are affected as the company's financial results and audit compliance status are updated, providing an official view of the Group's net loss.
🔍
Management Signal
Management is committed to regulatory compliance by resubmitting the Auditor Report in the prescribed SEBI format to address BSE's query.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Release of detailed consolidated financial statements for FY26.
Next quarterly financial results for Q1 FY27.
Updates on the performance of subsidiary and associate entities.
MEDIUM RISK
The consolidated net loss and unaudited subsidiary details in the revised report introduce financial reporting and performance risks.
💡 Investor Takeaway
Vikram Kamats Hospitality Ltd submitted a revised Auditor Report for the quarter and year ended March 31, 2026, confirming a consolidated net loss for the Group. This addresses a BSE query on report format. One subsidiary with Rs. 6700.64 lakhs total assets was not audited by the primary auditors.
⚖️ Strengths & Concerns
✅ Positives
- Company promptly addressed the BSE query regarding the Auditor Report format, demonstrating adherence to regulatory requirements.
- The revised Auditor Report provides a clear opinion on the consolidated net loss and other comprehensive income for the Group.
⚠️ Concerns
- The Auditor's Report confirms a consolidated net loss for the Group for the year ended March 31, 2026, indicating negative profitability.
- Auditors did not audit one subsidiary, whose financial statements include total assets of Rs. 6700.64 lakhs and total revenue of Rs. 2771.77 lakhs.
❓ Frequently Asked Questions
What was the main event in Vikram Kamats Hospitality's filing on July 1, 2026?
Vikram Kamats Hospitality Limited submitted a revised Auditor Report on Consolidated Financial Results for the quarter and year ended March 31, 2026.
Why did Vikram Kamats Hospitality submit a revised Auditor Report?
The revision was made pursuant to a BSE query stating the initial Auditor Report was not in the SEBI prescribed format (CIR/CFD/CMD1/80/2019 dated July 19, 2019).
What was the consolidated financial outcome for Vikram Kamats Hospitality Group for the year ended March 31, 2026?
The Independent Auditor's Report confirms a consolidated net loss for the Group for the year ended March 31, 2026.
Which entities are included in Vikram Kamats Hospitality's consolidated financial results?
The consolidated financial statements include Vitizen Hotels Limited (subsidiary) and Vits Hospitality Company Limited (foreign associate of subsidiary).
What are the financial details for the subsidiary not audited by Chaturvedi Sohan & Co.?
The unaudited subsidiary has total assets of Rs. 6700.64 lakhs and total revenue of Rs. 2771.77 lakhs as at March 31, 2026, with net cash flow of Rs. (0.62) lakhs for the year.
Questions based on this BSE filing only. For information purposes.