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	Consolidated
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

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	Consolidated	Consolidated
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	5219740000	17178250000
	Other income	154010000	362970000
	Total income	5373750000	17541220000
2	Expenses
(a)	Cost of materials consumed	320670000	1168090000
(b)	Purchases of stock-in-trade	125860000	425090000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	0	0
(d)	Employee benefit expense	676500000	2344780000
(e)	Finance costs	482470000	1590820000
(f)	Depreciation, depletion and amortisation expense	497820000	1787960000
(f)	Other Expenses
1	Real Estate Development Cost	21120000	84820000
2	Power and fuel	215120000	840530000
3	Other Expenses	1445990000	4956020000
	Total other expenses	1682230000	5881370000
	Total expenses	3785550000	13198110000
3	Total profit before exceptional items and tax	1588200000	4343110000
4	Exceptional items	0	0
5	Total profit before tax	1588200000	4343110000
6	Tax expense
7	Current tax	37380000	37020000
8	Deferred tax	312470000	2881150000
9	Total tax expenses	349850000	2918170000
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	1238350000	1424940000
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	1238350000	1424940000
17	Other comprehensive income net of taxes	4860000	-1430000
18	Total Comprehensive Income for the period	1243210000	1423510000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	1238460000	1425650000
	Total profit or loss, attributable to non-controlling interests	-110000	-110000
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent	1243320000	1424220000
	Total comprehensive income for the period attributable to owners of parent non-controlling interests	-110000	-710000
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		28277920000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	5.68	6.53
	Diluted earnings (loss) per share from continuing operations	5.67	6.52
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	5.68	6.53
	Diluted earnings (loss) per share from continuing and discontinued operations	5.67	6.52
24	Debt equity ratio	0.84	0.84
25	Debt service coverage ratio	1.06	0.82
26	Interest service coverage ratio	5.32	4.85
27	Disclosure of notes on financial results

Remarks
Debt equity ratio
Debt service coverage ratio	Increase in Debt Equity ratio due to loan repayment from proceeds of QIP
Interest service coverage ratio	Increase in Debt Equity ratio due to loan repayment from proceeds of QIP

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		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	31264620000
	Capital work-in-progress	1831650000
	Investment property	19982960000
	Goodwill	817330000
	Other intangible assets	38430000
	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	97190000
	Trade receivables, non-current
	Loans, non-current	0
	Other non-current financial assets	1692710000
	Total non-current financial assets	1789900000
	Deferred tax assets (net)	143290000
	Other non-current assets	3115030000
	Total non-current assets	58983210000
2	Current assets
	Inventories	6325050000
	Current financial asset
	Current investments	987840000
	Trade receivables, current	782000000
	Cash and cash equivalents	1092430000
	Bank balance other than cash and cash equivalents	769680000
	Loans, current	0
	Other current financial assets	227950000
	Total current financial assets	3859900000
	Current tax assets (net)	0
	Other current assets	1466410000
	Total current assets	11651360000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	70634570000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	2184550000
	Other equity	28277920000
	Total equity attributable to owners of parent	30462470000
	Non controlling interest	-5450000
	Total equity	30457020000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	15529610000
	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	1182670000
	Total non-current financial liabilities	16712280000
	Provisions, non-current	157700000
	Deferred tax liabilities (net)	854610000
	Deferred government grants, Non-current	0
	Other non-current liabilities	414230000
	Total non-current liabilities	18138820000
	Current liabilities
	Current financial liabilities
	Borrowings, current	10013360000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	136020000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	1577340000
	Total Trade payable	1713360000
	Other current financial liabilities	1136270000
	Total current financial liabilities	12862990000
	Other current liabilities	9088540000
	Provisions, current	87200000
	Current tax liabilities (Net)	0
	Deferred government grants, Current	0
	Total current liabilities	22038730000
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	40177550000
	Total equity and liabilites	70634570000
	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		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
1	Hospitality (Hotels)	4603540000	15208470000
2	Real Estate	0	0
3	Rental / Annuity Business	619130000	1969780000
4	Unallocated	151080000	362970000
	Total Segment Revenue	5373750000	17541220000
	Less: Inter segment revenue
	Revenue from operations	5373750000	17541220000
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
1	Hospitality (Hotels)	1890100000	5447360000
2	Real Estate	-61210000	-205630000
3	Rental / Annuity Business	252000000	922910000
4	Unallocated	0	0
	Total Profit before tax	2080890000	6164640000
	i. Finance cost	482470000	482470000
	ii. Other Unallocable Expenditure net off Unallocable income	10220000	10220000
	Profit before tax	1588200000	4343110000
3	(Segment Asset - Segment Liabilities)
	Segment Asset
1	Hospitality (Hotels)	36733550000	36733550000
2	Real Estate	6526470000	6526470000
3	Rental / Annuity Business	22287830000	22287830000
4	Unallocated	5086720000	5086720000
	Total Segment Asset	70634570000	70634570000
	Un-allocable Assets	0	0
	Net Segment Asset	70634570000	70634570000
4	Segment Liabilities
	Segment Liabilities
1	Hospitality (Hotels)	3100780000	3100780000
2	Real Estate	8563360000	8563360000
3	Rental / Annuity Business	1743060000	1743060000
4	Unallocated	26770350000	26770350000
	Total Segment Liabilities	40177550000	40177550000
	Un-allocable Liabilities	0	0
	Net Segment Liabilities	40177550000	40177550000
	Disclosure of notes on segments

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	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Remeasurement of the defined benefit plans	5440000	-4080000
	Total Amount of items that will not be reclassified to profit and loss	5440000	-4080000
2	Income tax relating to items that will not be reclassified to profit or loss	580000	-2650000
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	0	0
5	Total Other comprehensive income	4860000	-1430000

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			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			4343110000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			1590820000
	Adjustments for decrease (increase) in inventories			-887590000
	Adjustments for decrease (increase) in trade receivables, current			-392700000
	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			4110220000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			1787960000
	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			20420000
	Adjustments for dividend income			0
	Adjustments for interest income			153100000
	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			-116370000
	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			0
	Total adjustments for reconcile profit (loss)			6027430000
	Net cash flows from (used in) operations			10370540000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			866690000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			9503850000
	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			0
	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			51720000
	Purchase of property, plant and equipment			9691200000
	Proceeds from sales of investment property			0
	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			0
	Cash receipts from repayment of advances and loans made to other parties			0
	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			114870000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-509650000
	Net cash flows from (used in) investing activities	-13853780000
	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			9903440000
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			750000000
	Proceeds from borrowings			6616520000
	Repayments of borrowings			9974310000
	Payments of lease liabilities			0
	Dividends paid			0
	Interest paid			1386640000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			-953100000
	Net cash flows from (used in) financing activities			4955910000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			605980000
	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			605980000
	Cash and cash equivalents cash flow statement at beginning of period			275360000
	Cash and cash equivalents cash flow statement at end of period			881340000