HBG HOTELS LIMITED · CashKonnect

About

HBG HOTELS LIMITED owns and operates hotels and resorts in India. The company operates the Phoenix Island Resort located in Poovar, Kerala; the Phoenix Castle House located in Palolem, Goa; and the Park Inn by Radisson located in Candolim, Goa. HBG HOTELS LIMITED was formerly known as Phoenix Township Limited and changed its name to HBG HOTELS LIMITED in November 2025. The company was incorporated in 1993 and is headquartered in Mumbai, India.

Quarterly Results

Rs. Crores · hover row for definition

Metric	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023	Jun 2023
Sales	6.77	10.01	9.27	6.31	6.11	8.67	11.03	5.96	9.46	9.49	8.08	5.13	6.85
Expenses	5.65	7.55	7.58	4.46	4.95	7.18	7.11	4.99	5.54	7.10	6.71	4.12	5.69
Operating Profit	1.12	2.46	1.69	1.85	1.16	1.49	3.92	0.97	3.92	2.39	1.37	1.01	1.16
OPM %	16.54	24.58	18.23	29.32	18.99	17.19	35.54	16.28	41.44	25.18	16.96	19.69	16.93
Other Income	0.00	0.00	0.00	0.00	0.00	50.65	0.00	0.00	0.00	194.68	0.00	0.00	0.00
Depreciation	0.46	0.59	0.41	0.41	0.48	0.48	0.45	0.45	0.44	0.44	0.44	0.54	0.54
Interest	0.33	0.34	0.43	0.38	0.39	0.32	0.47	0.42	0.44	0.11	0.47	0.45	0.45
Profit before tax	0.33	1.53	0.85	1.06	0.29	51.34	3.00	0.10	3.04	196.52	0.46	0.02	0.17
Tax %	21.21	15.03	15.29	19.81	24.14	0.10	26.67	110.00	23.03	0.30	8.70	700.00	-100.00
Net Profit	0.26	1.30	0.72	0.86	0.23	51.29	2.19	-0.01	2.34	195.94	0.42	-0.13	0.35
EPS in Rs	0.13	0.63	0.35	0.43	0.12	27.66	1.48	-0.01	1.67	140.11	0.30	-0.09	0.25

Profit & Loss

Annual · Rs. Crores

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Sales	31.70	28.59	27.47	25.86	15.88	9.33	20.02	20.04	17.80	14.53	13.09	12.48
Expenses	24.53	24.72	23.46	21.51	12.49	8.11	16.12	16.27	14.54	11.65	10.29	9.95
Operating Profit	7.17	3.87	4.01	4.35	3.39	1.22	3.90	3.77	3.26	2.88	2.80	2.53
OPM %	22.62	13.54	14.60	16.82	21.35	13.08	19.48	18.81	18.31	19.82	21.39	20.27
Other Income	0.00	57.18	196.75	0.37	0.20	0.46	0.43	0.54	0.31	0.37	0.37	0.21
Interest	1.54	1.74	1.63	1.56	0.77	0.82	1.07	0.73	0.68	0.59	0.51	0.38
Depreciation	1.89	1.83	1.96	2.17	2.25	2.49	2.51	2.43	2.04	1.89	2.04	1.83
Profit before tax	3.74	57.48	197.17	0.99	0.57	-1.63	0.75	1.15	0.85	0.77	0.62	0.53
Tax %	25.13	2.47	0.38	32.32	49.12	12.88	50.67	33.04	25.88	32.47	27.42	18.87
Net Profit	2.80	56.06	196.43	0.68	0.29	-1.85	0.38	0.78	0.63	0.52	0.44	0.43
EPS in Rs	1.36	30.24	140.46	0.49	0.21	-1.32	0.27	0.56	0.45	0.37	0.31	0.31
Dividend Payout %	10.99	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00

Balance Sheet

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Equity Capital	28.22	18.54	13.98	13.98	13.98	13.98	13.98	13.98	13.98	13.98	13.98	13.98
Reserves	345.51	323.84	199.17	2.74	1.98	1.68	3.42	3.02	2.36	1.73	1.21	0.77
Borrowings	6.87	22.82	22.84	23.15	19.80	20.40	18.59	13.93	17.52	15.99	13.62	13.34
Other Liabilities	15.06	9.37	8.67	9.14	7.53	7.08	7.19	7.02	5.98	6.03	5.30	5.51
Total Liabilities	395.66	374.57	244.66	49.01	43.29	43.14	43.18	37.95	39.84	37.73	34.11	33.60
Fixed Assets	17.83	18.86	17.40	22.33	21.39	24.20	25.45	26.87	23.92	25.04	24.65	24.85
CWIP	7.73	7.39	4.09	3.63	3.55	2.62	1.44	0.02	0.00	0.00	0.54	0.00
Investments	8.01	14.15	25.20	1.41	0.97	0.97	0.97	1.58	1.43	0.95	0.95	0.95
Other Assets	362.09	334.17	197.97	21.64	17.38	15.35	15.32	9.48	14.49	11.74	7.97	7.80
Total Assets	395.66	374.57	244.66	49.01	43.29	43.14	43.18	37.95	39.84	37.73	34.11	33.60

Cash Flows

Annual · Rs. Crores — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Cash from Operating Activity	-31.14	-55.88	24.87	2.29	1.71	0.34	-1.55	10.21	0.64	-0.05	2.84	1.80
Cash from Investing Activity	-5.44	65.83	-21.29	-3.61	-0.38	-1.27	-2.00	-5.82	-1.41	-1.76	-2.46	-0.37
Cash from Financing Activity	16.43	10.91	-2.78	1.01	-1.35	1.01	3.67	-4.24	0.77	1.49	-0.23	-1.29
Net Cash Flow	-20.14	20.85	0.81	-0.30	-0.03	0.07	0.11	0.15	0.00	-0.33	0.14	0.14
Free Cash Flow	-31.15	-61.68	27.38	-0.89	1.32	-0.93	-4.16	4.56	-0.28	-1.79	0.40	1.94
CFO/OP %	-421.00	-1,407.00	636.00	58.00	54.00	25.00	-39.00	271.00	20.00	-2.00	101.00	71.00

Ratios

Annual · Days / % — latest first

Metric	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
Debtor Days	17.96	19.53	16.48	10.59	0.23	32.47	36.46	36.06	51.06	86.41	73.89	109.68
Inventory Days	7.96	—	—	—	—	—	—	—	—	—	—	—
Days Payable	89.26	—	—	—	—	—	—	—	—	—	—	—
Cash Conversion Cycle	-63.34	19.53	16.48	10.59	0.23	32.47	36.46	36.06	51.06	86.41	73.89	109.68
Working Capital Days	-14.74	-123.84	-91.02	-128.30	-175.60	-239.03	-96.81	-67.75	-63.77	-42.45	75.01	68.15
ROCE %	1.42	0.98	1.96	6.74	3.73	-2.25	5.44	5.80	4.67	4.50	4.04	3.29

Shareholding Pattern

% holding — latest first

Holder	Jun 2026	Mar 2026	Dec 2025	Sep 2025	Jun 2025	Mar 2025	Dec 2024	Sep 2024	Jun 2024	Mar 2024	Dec 2023	Sep 2023
Promoters	69.80	69.80	69.80	71.79	70.02	70.02	66.59	70.45	70.45	70.45	70.45	70.45
FIIs	1.02	1.03	1.08	1.12	1.29	1.29	0.60	0.13	0.05	0.00	0.00	0.00
DIIs	0.00	0.00	0.00	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01	0.01
Public	29.19	29.17	29.12	27.08	28.70	28.69	32.80	29.41	29.49	29.55	29.54	29.55
No. of Shareholders	2,653	2,641	2,642	2,542	2,426	2,407	2,365	2,323	2,220	2,033	1,988	1,909