HBG Hotels Limited Schedules Board Meeting on May 8, 2026 to Consider Interim Dividend for FY 2025-26

HBG Hotels Limited has announced a board meeting to consider interim dividend distribution for the current financial year. The company, formerly known as Phoenix Township Limited, issued the formal intimation to stock exchanges as part of its regulatory compliance obligations.

Board Meeting Details

The meeting of the Board of Directors has been scheduled for Friday, May 8, 2026. The primary agenda involves consideration and approval of interim dividend on equity shares for the Financial Year 2025-26.

Parameter: Details Meeting Date: May 8, 2026 Purpose: Interim Dividend Consideration Financial Year: 2025-26 Record Date: May 15, 2026

Shareholder Information

The company has established May 15, 2026, as the record date for determining equity shareholders' entitlement to the proposed dividend. This date will be crucial for investors seeking to qualify for the dividend distribution, if approved by the board.

Trading Window Restrictions

In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Insider Trading Prohibition Code, the trading window will remain closed for all designated persons. This restriction applies to dealing in securities of HBG Hotels Limited during the specified period.

Regulatory Compliance

The intimation was issued pursuant to Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was signed by Mr. Samit Prafulla Hede, Managing Director (DIN: 01411689), ensuring proper authorization and compliance with corporate governance norms.

The company operates multiple hospitality properties including Park Inn by Radisson in Goa and Phoenix Island Resort in Kerala, maintaining its presence in the hospitality sector across key tourist destinations in India.

Phoenix township Limited (formerly known as Phoenix Township Limited) announced its Q3FY26 financial results for the quarter ended 31st December 2025, revealing a challenging performance with significant declines in profitability despite some operational improvements.

Financial Performance Overview

The company reported a substantial decline in net profit for Q3FY26, with earnings dropping to ₹72.18 lacs compared to ₹219.47 lacs in the corresponding quarter of the previous year. This represents a steep 67% year-on-year decrease, highlighting the operational challenges faced during the quarter.

Financial Metric: Q3FY26 Q3FY25 Change (%) Net Sales/Income: ₹881.54 lacs ₹888.41 lacs -0.8% Other Operating Income: ₹45.17 lacs ₹215.41 lacs -79.0% Total Income: ₹926.71 lacs ₹1,103.82 lacs -16.0% Net Profit: ₹72.18 lacs ₹219.47 lacs -67.1% Earnings Per Share: ₹0.35 ₹1.48 -76.4%

Revenue and Income Analysis

While net sales remained relatively stable with a marginal decline of 0.8% to ₹881.54 lacs, the company experienced a significant drop in other operating income, which fell by 79% to ₹45.17 lacs from ₹215.41 lacs in the previous year. This substantial reduction in other operating income was a primary contributor to the overall 16% decline in total income to ₹926.71 lacs.

Operational Expenses and Costs

The company's total expenditure for Q3FY26 stood at ₹841.69 lacs compared to ₹804.07 lacs in Q3FY25, representing a 4.7% increase. Key expense categories showed mixed trends:

Expense Category: Q3FY26 Q3FY25 Change (%) Raw Materials: ₹181.86 lacs ₹203.56 lacs -10.7% Employee Costs: ₹216.26 lacs ₹195.82 lacs +10.4% Finance Costs: ₹43.34 lacs ₹46.88 lacs -7.6% Other Expenditure: ₹358.83 lacs ₹312.44 lacs +14.8%

Nine-Month Performance

For the nine months ended 31st December 2025, HBG Hotels reported a net profit of ₹182.08 lacs, down 62% from ₹476.24 lacs in the corresponding period of the previous year. Total income for the nine-month period declined to ₹2,168.94 lacs from ₹2,645.22 lacs, marking an 18% decrease year-on-year.

Sequential Quarter Improvements

Despite the year-on-year challenges, the company showed sequential improvement with total income rising 47% from ₹630.62 lacs in Q2FY26 to ₹926.71 lacs in Q3FY26. Net sales also demonstrated strong sequential growth of 79% from ₹492.56 lacs in the preceding quarter.

Capital Structure and Share Information

The company's paid-up equity share capital increased to ₹2,051.93 lacs as of 31st December 2025, compared to ₹1,479.43 lacs in the corresponding period last year. Reserves excluding revaluation reserves stood at ₹34,411.0 lacs, up from ₹20,328.5 lacs in the previous year, indicating strengthened financial position despite operational challenges.

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