HBGHOTELS
HBG HOTELS financials
- Market cap
- ₹207 Cr
Quarterly results
Q1 FY27: revenue up 10.8%, net profit up 13.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 6 | 11 | 9 | 6 | 6 +6% | 9 −16% | 10 +15% | 7 +11% |
| EBITDA | 1 | 4 | 1 | 1 | 2 +91% | 2 −57% | 2 +65% | 1 −3% |
| Net profit | -0 | 2 | 51 | 0 | 1 +8700% | 1 −67% | 1 −97% | 0 +13% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance −63.8% 1Y
1Y: ₹198.9 on 10 Sept 2025 → ₹72. High ₹205.05 (12 Sept 2025), low ₹65.46 (10 Sept 2026).
Financials, as filed
Revenue grew 3.6% a year over 2 years, FY24 to FY26. Operating margin widened to 22.6%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹30 Cr | ₹35 Cr | ₹32 Cr |
| Operating profit | ₹6 Cr | ₹10 Cr | ₹7 Cr |
| Operating margin | 20.1% | 29.3% | 22.6% |
| Interest | ₹1 Cr | ₹2 Cr | ₹2 Cr |
| Depreciation | ₹2 Cr | ₹2 Cr | ₹2 Cr |
| Net profit | ₹197 Cr | ₹56 Cr | ₹3 Cr |
| Net margin | 665.2% | 158.9% | 9.8% |
| Cash from operations | ₹25 Cr | ₹-56 Cr | ₹-31 Cr |
| Free cash flow | ₹27 Cr | ₹-62 Cr | ₹-31 Cr |
| ROCE | 2.0% | 1.0% | 1.4% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Equity capital | ₹14 Cr | ₹14 Cr | ₹28 Cr | ₹28 Cr |
| Reserves | ₹3 Cr | ₹199 Cr | ₹339 Cr | ₹346 Cr |
| Borrowings | ₹23 Cr | ₹23 Cr | ₹314 Cr | ₹7 Cr |
| Other liabilities | ₹9 Cr | ₹9 Cr | ₹62 Cr | ₹15 Cr |
| Total liabilities | ₹49 Cr | ₹245 Cr | ₹742 Cr | ₹396 Cr |
| Fixed assets | ₹22 Cr | ₹17 Cr | ₹20 Cr | ₹18 Cr |
| Capital work in progress | ₹4 Cr | ₹4 Cr | ₹343 Cr | ₹8 Cr |
| Investments | ₹1 Cr | ₹25 Cr | ₹26 Cr | ₹8 Cr |
| Other assets | ₹22 Cr | ₹198 Cr | ₹354 Cr | ₹362 Cr |
| Total assets | ₹49 Cr | ₹245 Cr | ₹742 Cr | ₹396 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
Since Jun 2025, the public added +0.49 pp while FIIs trimmed −0.27 pp. The shareholder count grew 9% to 2,653.
- Promoters
- 69.8%
- FIIs
- 1.0%
- Public
- 29.2%
Since Jun 2025
- Public +0.49 pp
- FIIs −0.27 pp
- Promoters −0.22 pp
How it drifted, 12 quarters
Over this window FIIs went from 0.0% to 1.0% — +1.0 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 70.5%, DIIs 0.0%, Public 29.6%.Dec '23: Promoters 70.5%, DIIs 0.0%, Public 29.5%.Mar '24: Promoters 70.5%, DIIs 0.0%, Public 29.6%.Jun '24: Promoters 70.5%, FIIs 0.1%, DIIs 0.0%, Public 29.5%.Sep '24: Promoters 70.5%, FIIs 0.1%, DIIs 0.0%, Public 29.4%.Dec '24: Promoters 66.6%, FIIs 0.6%, DIIs 0.0%, Public 32.8%.Mar '25: Promoters 70.0%, FIIs 1.3%, DIIs 0.0%, Public 28.7%.Jun '25: Promoters 70.0%, FIIs 1.3%, DIIs 0.0%, Public 28.7%.Sep '25: Promoters 71.8%, FIIs 1.1%, DIIs 0.0%, Public 27.1%.Dec '25: Promoters 69.8%, FIIs 1.1%, Public 29.1%.Mar '26: Promoters 69.8%, FIIs 1.0%, Public 29.2%.Jun '26: Promoters 69.8%, FIIs 1.0%, Public 29.2%.
Who is on the register
Named in the Jun 2026 filing
Every holder of HBG HOTELS LIMITED above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Hede Navigation Private Limited | 24.23% | unchanged |
| Hede Consultancy Company Private Limited | 18.14% | unchanged |
| Shibanee Harlalka | 9.48% | unchanged |
| Star Galaxy Trades Pvt Ltd | 5.91% | unchanged |
| Glacier Trades Pvt Ltd | 5.90% | unchanged |
| Samit Prafulla Hede | 3.79% | unchanged |
| Hbg Trust (Seema Arun Pawar) | 1.86% | unchanged |
| Shalini Hemantkumar Shah | 1.79% | unchanged |
| Black Hawk Properties Private Limited | 1.46% | −0.17 pp |
| Shreya Pandya | 1.32% | unchanged |
| Entathur Veeraraghava Reddiar Perumalswa | 1.28% | unchanged |
| Sanjiv Dhireshbhai Shah | 1.25% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
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