Gujarat Hotels Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	2016 - 2020
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021	2016 - 2020
Revenue	43.18	41.04	34.4	36.61	21.31	9.93	Upgrade
Revenue Growth (YoY)	11.62%	19.29%	-6.03%	71.78%	114.60%	-73.49%	Upgrade
Cost of Revenue	2.5	1.8	1.84	1.7	1.52	1.26	Upgrade
Gross Profit	40.68	39.24	32.57	34.91	19.8	8.67	Upgrade
Selling, General & Admin	0.19	0.19	0.2	0.16	0.17	0.17	Upgrade
Other Operating Expenses	2.4	2.62	2.3	2.31	2.08	1.7	Upgrade
Operating Expenses	3.07	3.28	2.96	2.94	2.73	2.34	Upgrade
Operating Income	37.62	35.95	29.61	31.97	17.07	6.33	Upgrade
Interest & Investment Income	0.2	0.2	0.12	1.11	3.3	0.18	Upgrade
Other Non Operating Income (Expenses)	1.11	-	-	-	-	0.11	Upgrade
EBT Excluding Unusual Items	38.92	36.15	29.73	33.08	20.37	6.61	Upgrade
Gain (Loss) on Sale of Investments	33.24	33.24	28.8	18.6	11.08	20.36	Upgrade
Pretax Income	72.16	69.39	58.53	51.68	31.45	26.97	Upgrade
Income Tax Expense	14.47	16.4	11.3	9.16	4.27	4.25	Upgrade
Net Income	57.69	52.99	47.22	42.52	27.19	22.72	Upgrade
Net Income to Common	57.69	52.99	47.22	42.52	27.19	22.72	Upgrade
Net Income Growth	16.41%	12.20%	11.07%	56.40%	19.65%	-47.12%	Upgrade
Shares Outstanding (Basic)	4	4	4	4	4	4	Upgrade
Shares Outstanding (Diluted)	4	4	4	4	4	4	Upgrade
Shares Change (YoY)	-0.11%	-	-	-	-	-	Upgrade
EPS (Basic)	15.24	13.99	12.47	11.23	7.18	6.00	Upgrade
EPS (Diluted)	15.24	13.99	12.47	11.23	7.18	6.00	Upgrade
EPS Growth	16.54%	12.20%	11.07%	56.40%	19.65%	-47.12%	Upgrade
Dividend Per Share	3.000	3.000	2.500	2.000	2.000	1.800	Upgrade
Dividend Growth	20.00%	20.00%	25.00%	-	11.11%	-28.00%	Upgrade
Gross Margin	94.21%	95.61%	94.67%	95.35%	92.89%	87.32%	Upgrade
Operating Margin	87.11%	87.61%	86.06%	87.34%	80.11%	63.74%	Upgrade
Profit Margin	133.61%	129.12%	137.27%	116.14%	127.56%	228.80%	Upgrade
EBITDA	38.09	36.43	30.08	32.44	17.54	6.8	Upgrade
EBITDA Margin	88.21%	88.76%	87.43%	88.61%	82.30%	68.45%	Upgrade
D&A For EBITDA	0.48	0.47	0.47	0.47	0.47	0.47	Upgrade
EBIT	37.62	35.95	29.61	31.97	17.07	6.33	Upgrade
EBIT Margin	87.11%	87.61%	86.06%	87.34%	80.11%	63.74%	Upgrade
Effective Tax Rate	20.05%	23.64%	19.31%	17.73%	13.56%	15.75%	Upgrade
Revenue as Reported	77.73	74.48	63.32	56.32	35.69	30.57	Upgrade
Advertising Expenses	-	0.19	0.2	0.16	0.17	0.17	Upgrade

Source: S&P Global Market Intelligence. Standard template. Financial Sources.