Upgrade

Finvezto Toolkit

Kamat Hotels (I) Q2 FY27: revenue up 11.4% to ₹84 Cr, net profit ₹5 Cr

Results · Finvezto · 4 Nov 2026 · Kamat Hotels (I) (KAMATHOTEL)

Results Q2 FY27, ₹ Cr

Q2 FY27 results with change on the quarter and on the year
Q2 FY27₹ CrQoQYoY
Revenue84-+11.4%
Operating profit20-+154.3%
Net profit5--
Operating margin23.8%-+13.4 pp
Net margin5.6%--

YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.

Key points

  • In Q2 FY27 revenue rose 12% year-on-year to Rs. 86 crores and EBITDA more than doubled, up 131% to Rs. 22 crores, with margin up 1300 basis points to 26%, while PAT turned to Rs. 5 crores from a Rs. 2 crore loss. Earnings call
  • H1 FY27 revenue grew 11% to Rs. 179 crores, EBITDA crossed Rs. 50 crores, up 67% at a 28% margin, and PAT was Rs. 15 crores at 8% margin, which management called structurally profitable and scalable. Earnings call
  • Same store revenue rose 31% to Rs. 85 crores and EBITDA nearly doubled, up 98% to Rs. 23 crores with margins up 900 basis points to 27%, with occupancy at portfolio level up from 50% to 58%. Earnings call

What to watch

  • Management on fy30 key expansion: We also have a set of FY’30 vision of the hotels of the Kamat with the number of keys being increased by more than 50% to 3,000 keys.
  • Management on arr target: ARR we are targeting at portfolio level, a 33% lift from existing 6000 to around 8000.

Links

Company page · Results tracker

Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.