Integrated Filing — IndAS

General information about company
Scrip Code	542399
NSE Symbol	CHALET
MSEI Symbol	NOTLISTED
ISIN	INE427F01016
Name of company	Chalet Hotels Limited
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	12-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	07-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Quarterly
Reporting Quarter	Fourth quarter
Nature of report standalone or consolidated	Standalone
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Multi segment
Description of single segment
Start date and time of board meeting	12-May-2025   14:30:00
End date and time of board meeting	12-May-2025   17:10:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion
Whether the company has any related party?	Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?	Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public	NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.	NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)?	No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?	Yes
Latest Date on which RPT policy is updated	2025-05-12
Indicate Company website link for updated RPT policy of the Company	https://www.chalethotels.com/policies/
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter?	No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity?	No
Not Applicable for the period under review

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	4843360000	16265650000
	Other income	204850000	551510000
	Total income	5048210000	16817160000
2	Expenses
(a)	Cost of materials consumed	284410000	1069070000
(b)	Purchases of stock-in-trade	109990000	380240000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	613090000	2151400000
(e)	Finance costs	426300000	1371230000
(f)	Depreciation, depletion and amortisation expense	412760000	1571460000
(f)	Other Expenses
1	Real Estate Development Cost	21120000	84820000
2	Power and Fuel	194900000	766050000
3	Other Expenses	1284460000	4723100000
	Total other expenses	1500480000	5573970000
	Total expenses	3347030000	12117370000
3	Total profit before exceptional items and tax	1701180000	4699790000
4	Exceptional items	0	0
5	Total profit before tax	1701180000	4699790000
6	Tax expense
7	Current tax	37910000	37910000
8	Deferred tax	328930000	2946170000
9	Total tax expenses	366840000	2984080000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	1334340000	1715710000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	1334340000	1715710000
17	Other comprehensive income net of taxes	1270000	-5020000
18	Total Comprehensive Income for the period	1335610000	1710690000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent
	Total profit or loss, attributable to non-controlling interests
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	2184550000	2184550000
	Face value of equity share capital	10	10
27	Details of debt securities
22	Reserves excluding revaluation reserve		28641390000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	6.12	7.86
	Diluted earnings (loss) per share from continuing operations	6.11	7.85
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	6.12	7.86
	Diluted earnings (loss) per share from continuing and discontinued operations	6.11	7.85
24	Debt equity ratio	0.74	0.74
25	Debt service coverage ratio	1.08	0.84
26	Interest service coverage ratio	5.96	5.57
27	Disclosure of notes on financial results		Current tax includes Current Tax for earlier year and net of mat credit. n nThe detailed notes to Financial Results are submitted along with the Outcome of the Board Meeting held on 12 May 2025 containing the Financial Results for the quarter and year ended March 31, 2025. n nOther ratios under Regulation 52 are disclosed in the Financial Results submitted to the Stock Exchanges

Remarks
Debt equity ratio
Debt service coverage ratio	Loan was repaid from funds raised through Qualified Institutional Placement
Interest service coverage ratio	Loan was repaid from funds raised through Qualified Institutional Placement

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Standalone
	Assets
1	Non-current assets
	Property, plant and equipment	21775820000
	Capital work-in-progress	1273160000
	Investment property	19982960000
	Goodwill	226110000
	Other intangible assets	21730000
	Intangible assets under development	0
	Biological assets other than bearer plants	0
	Investments accounted for using equity method	0
	Non-current financial assets
	Non-current investments	7650780000
	Trade receivables, non-current	0
	Loans, non-current	0
	Other non-current financial assets	1289480000
	Total non-current financial assets	8940260000
	Deferred tax assets (net)	1427320000
	Other non-current assets	1054160000
	Total non-current assets	54701520000
2	Current assets
	Inventories	6298670000
	Current financial asset
	Current investments	987840000
	Trade receivables, current	713100000
	Cash and cash equivalents	756510000
	Bank balance other than cash and cash equivalents	485170000
	Loans, current	2520680000
	Other current financial assets	296220000
	Total current financial assets	5759520000
	Current tax assets (net)
	Other current assets	1428670000
	Total current assets	13486860000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	68188380000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	2184550000
	Other equity	28641390000
	Total equity attributable to owners of parent	30825940000
	Non controlling interest
	Total equity	30825940000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	13106160000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises	0
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	0
	Total Trade payable	0
	Other non-current financial liabilities	1182400000
	Total non-current financial liabilities	14288560000
	Provisions, non-current	150440000
	Deferred tax liabilities (net)	839130000
	Deferred government grants, Non-current	0
	Other non-current liabilities	414220000
	Total non-current liabilities	15692350000
	Current liabilities
	Current financial liabilities
	Borrowings, current	9771250000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	126560000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	1479840000
	Total Trade payable	1606400000
	Other current financial liabilities	1209950000
	Total current financial liabilities	12587600000
	Other current liabilities	9000780000
	Provisions, current	81710000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	21670090000
3	Liabilities directly associated with assets in disposal group classified as held for sale	0
4	Regulatory deferral account credit balances and related deferred tax liability	0
	Total liabilities	37362440000
	Total equity and liabilites	68188380000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Jan-2025	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Standalone	Standalone
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Not Applicable	0	0
	Total Segment Revenue	0	0
	Less: Inter segment revenue
	Revenue from operations	0	0
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Not Applicable	0	0
	Total Profit before tax	0	0
	i. Finance cost	0	0
	ii. Other Unallocable Expenditure net off Unallocable income	0	0
	Profit before tax	0	0
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Not Applicable	0	0
	Total Segment Asset	0	0
	Un-allocable Assets	0	0
	Net Segment Asset	0	0
4	Segment Liabilities
	Segment Liabilities
1	Not Applicable	0	0
	Total Segment Liabilities	0	0
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	0	0
	Disclosure of notes on segments	Textual Information(2)

Text Block

Textual Information(2)

As per Ind AS 108 Operating Segments if a financial report contains both the consolidated financial statements of a parent that is within the scope of Ind AS 108 as well as the parents standalone financial statements segment information is required only in the consolidated financial statements. n nAccordingly information required to be presented under Ind AS 108 Operating Segments has been given in the consolidated financial statements.

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Jan-2025	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Standalone	Standalone
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement of the defined benefit plans	1920000	-7600000
	Total Amount of items that will not be reclassified to profit and loss	1920000	-7600000
2	Income tax relating to items that will not be reclassified to profit or loss	650000	-2580000
3	Amount of items that will be reclassified to profit and loss
	Total Amount of items that will be reclassified to profit and loss
4	Income tax relating to items that will be reclassified to profit or loss
5	Total Other comprehensive income	1270000	-5020000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Standalone
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			4699790000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			1371230000
	Adjustments for decrease (increase) in inventories			-885200000
	Adjustments for decrease (increase) in trade receivables, current			-194290000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			0
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			0
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			4251150000
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			1571460000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			18930000
	Adjustments for dividend income			0
	Adjustments for interest income			316040000
	Adjustments for share-based payments			67770000
	Adjustments for fair value losses (gains)			0
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			-117970000
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			0
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			95190000
	Total adjustments for reconcile profit (loss)			5862230000
	Net cash flows from (used in) operations			10562020000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			859030000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			9702990000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			5631680000
	Other cash receipts from sales of equity or debt instruments of other entities			0
	Other cash payments to acquire equity or debt instruments of other entities			0
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			0
	Purchase of property, plant and equipment			3037810000
	Proceeds from sales of investment property			51730000
	Purchase of investment property			3819520000
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			1365840000
	Cash receipts from repayment of advances and loans made to other parties			621130000
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			0
	Interest received			80840000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-398340000
	Net cash flows from (used in) investing activities	-13499490000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			9903440000
	Payments to acquire or redeem entity's shares			160000000
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			750000000
	Proceeds from borrowings			6116520000
	Repayments of borrowings			9895580000
	Payments of lease liabilities			93100000
	Dividends paid			0
	Interest paid			1180450000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-700000000
	Net cash flows from (used in) financing activities			4740830000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			944330000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			0
	Net increase (decrease) in cash and cash equivalents			944330000
	Cash and cash equivalents cash flow statement at beginning of period			-252590000
	Cash and cash equivalents cash flow statement at end of period			691740000