Integrated Filing — IndAS



General information about company
Scrip Code 531373
NSE Symbol BYKE
MSEI Symbol BYKE
ISIN INE319B01014
Name of company The Byke Hospitality Ltd
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 28-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 22-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 Single segment
Description of single segment Hospitality Segment
Start date and time of board meeting 28-May-2025   18:00:00
End date and time of board meeting 28-May-2025   20:00:00
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 2022-05-30
Indicate Company website link for updated RPT policy of the Company https://investors.thebyke.com/corporate-governance
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
The Company has not defaulted on any Loans and Debt Securities.



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 267647000 966405000
Other income 5135000 23795000
Total income 272782000 990200000
2 Expenses
(a) Cost of materials consumed 41523000 154335000
(b) Purchases of stock-in-trade 0 0
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 0 0
(d) Employee benefit expense 42561000 155653000
(e) Finance costs 28498000 88659000
(f) Depreciation, depletion and amortisation expense 68763000 260823000
(f) Other Expenses
1 Other Expenses 77422000 286778000
Total other expenses 77422000 286778000
Total expenses 258767000 946248000
3 Total profit before exceptional items and tax 14015000 43952000
4 Exceptional items 0 0
5 Total profit before tax 14015000 43952000
6 Tax expense
7 Current tax 10400000 10400000
8 Deferred tax -4071000 -12393000
9 Total tax expenses 6329000 -1993000
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 7686000 45945000
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 7686000 45945000
17 Other comprehensive income net of taxes -629000 -629000
18 Total Comprehensive Income for the period 7057000 45316000
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 522793000 522793000
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve 1723564000
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 0.14 0.9
Diluted earnings (loss) per share from continuing operations 0.14 0.9
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 0.14 0.9
Diluted earnings (loss) per share from continuing and discontinued operations 0.14 0.9
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) Notes: n1.tThe above audited financial results for the quarter and year ended March 31 , 2025 have been reviewed by the Audit Committee and approved by the Board of Directors at their respective meetings held on May 28, 2025. The Statutory Auditors of the Company, Bilimoria Mehta & Co., Chartered Accountants , have audited the above financial results for the quarter and year ended March 31, 2025. There is no qualification in the report issued by the statutory Auditor. n n2.tThe above results are prepared in compliance with the Indian Accounting Standards (lnd-AS) as prescribed under Section 133 of the Companies Act, 2013 and notified by the Ministry of Corporate Affairs under the Companies (Indian Accounting Standards) Rules, 2015 (as amended) and other accounting principles generally accepted in India. n n3.tThe Board in its meeting held on January 04, 2024 made the allotment of 123,00,000 share warrants upon receipt of amount of Rs.1,383.75 Lakhs on January 02, 2024 towards 25% of the total consideration. n nIn this regard, the warrant holders have paid the part consideration and have applied for exercising their rights for conversion of warrants into equivalent number of Equity Shares. The Securities Allotment Committee of the Company in its meeting held on March 01, 2024 alloted 68,00,000 Equity shares, consequent upon the conversion of 68,00,000 Warrants issued earlier for Rs. 45/-, upon receipt of an amount aggregating toRs. 22,95,00,000 (Rupees Twenty Two Crore Ninety- Five Lacs only) at the rate of Rs. 33.75 (Rupees Thirty Three and seventy five paisa Only) per warrant (being 75% of the issue price per warrant) from the allottees. The necessary corporate action with depositories and Listing approvals from Stock Exchange was obtained and the shares were credited to the respective allottees account. n nOn July 11, 2024, the Company received amount of Rs. 18,16,25,625/- towards the balance amount (i.e.75% of the consideration) against allotment of 53,81,500 equity shares made on July 11, 2024 on conversion of 53 ,81,500 warrants from the applicants of the aforesaid warrants. Accordingly, the Securities Allotment Committee of the Company in its meeting held on July 11, 2024 has allotted these equity to both the Promoter and Non- Promoter Group. The necessary corporate action with depositories have been duly completed. Furthermore, the listing approval and trading approval from the Stock Exchanges were obtained on November 4, 2024, and November 25, 2024, respectively. n nConsequent to this conversion of warrants/allotment of equivalent Equity Shares, 1,18,500 warrants remain pending for conversion and these warrant holders are entitled to get their warrants converted into Equity Shares of the Company by paying remaining 75% i.e., Rs. 33.75 per warrant within 18 months from the date of warrant allotment. Failure to exercise this option within the specified timeframe i.e. within 18 months from the issuance of the warrants will result in forfeiture of the amount, as per the terms outlined. n n4.tThe Company is engaged in Hospitality business, consequently the Company does not have separate reportable business segment for the quarter and year ended March 31, 2025. n n5.tThe figures of the previous year I period have been regrouped I rearranged to make them comparable with the figures of the current period. n n6.tFigures for the quarter ended March 31, 2025 and March 31, 2024 as reported In these financial results, are the balancing figures between audited figures in respect of full financial years and the published year to date figures up to the end of the third quarter of the respective financial year. n n7.tThe above results of the Company are available on the Company's website www.thebyke.com and also on website of BSE, NSE & MSE. n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


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 1029177000
Capital work-in-progress 97280000
Investment property 0
Goodwill 0
Other intangible assets 709754000
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 0
Trade receivables, non-current 0
Loans, non-current 0
Other non-current financial assets 486424000
Total non-current financial assets 486424000
Deferred tax assets (net) 29062000
Other non-current assets 72975000
Total non-current assets 2424672000
2 Current assets
Inventories 126472000
Current financial asset
Current investments 0
Trade receivables, current 213151000
Cash and cash equivalents 50192000
Bank balance other than cash and cash equivalents 121804000
Loans, current 0
Other current financial assets 249480000
Total current financial assets 634627000
Current tax assets (net) 47654000
Other current assets 540000
Total current assets 809293000
3 Non-current assets classified as held for sale 0
4 Regulatory deferral account debit balances and related deferred tax Assets 0
Total assets 3233965000
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 522793000
Other equity 1723564000
Total equity attributable to owners of parent 2246357000
Non controlling interest
Total equity 2246357000
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 19533000
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 742519000
Total non-current financial liabilities 762052000
Provisions, non-current 7119000
Deferred tax liabilities (net) 0
Deferred government grants, Non-current 0
Other non-current liabilities 0
Total non-current liabilities 769171000
Current liabilities
Current financial liabilities
Borrowings, current 75286000
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 36000
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 34590000
Total Trade payable 34626000
Other current financial liabilities 96915000
Total current financial liabilities 206827000
Other current liabilities 6227000
Provisions, current 5383000
Current tax liabilities (Net) 0
Deferred government grants, Current 0
Total current liabilities 218437000
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 987608000
Total equity and liabilites 3233965000
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)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
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 Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Re-measurement gains/ (losses) on defined benefit obligations -841000 -841000
2 Tax Effect on above 212000 212000
Total Amount of items that will not be reclassified to profit and loss -629000 -629000
2 Income tax relating to items that will not be reclassified to profit or loss 0 0
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 -629000 -629000



Cash flow statement, indirect
Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2024
B Date of end of reporting period 31-Mar-2025
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 43952000
Adjustments for reconcile profit (loss)
Adjustments for finance costs 88659000
Adjustments for decrease (increase) in inventories 39615000
Adjustments for decrease (increase) in trade receivables, current -12469000
Adjustments for decrease (increase) in trade receivables, non-current 0
Adjustments for decrease (increase) in other current assets -369000
Adjustments for decrease (increase) in other non-current assets 15398000
Adjustments for other financial assets, non-current -175158000
Adjustments for other financial assets, current -132921000
Adjustments for other bank balances 0
Adjustments for increase (decrease) in trade payables, current 155000
Adjustments for increase (decrease) in trade payables, non-current 0
Adjustments for increase (decrease) in other current liabilities 436000
Adjustments for increase (decrease) in other non-current liabilities 0
Adjustments for depreciation and amortisation expense 260823000
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0
Adjustments for provisions, current 999000
Adjustments for provisions, non-current 1929000
Adjustments for other financial liabilities, current -585000
Adjustments for other financial liabilities, non-current 140000
Adjustments for unrealised foreign exchange losses gains 0
Adjustments for dividend income 0
Adjustments for interest income 20013000
Adjustments for share-based payments 0
Adjustments for fair value losses (gains) 118000
Adjustments for undistributed profits of associates 0
Other adjustments for which cash effects are investing or financing cash flow 0
Other adjustments to reconcile profit (loss) -3900000
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) 62857000
Net cash flows from (used in) operations 106809000
Dividends received 0
Interest paid 0
Interest received 0
Income taxes paid (refund) 10373000
Other inflows (outflows) of cash -576000
Net cash flows from (used in) operating activities 95860000
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 0
Purchase of property, plant and equipment 134583000
Proceeds from sales of investment property 50000000
Purchase of investment property 10075000
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 20013000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 3900000
Net cash flows from (used in) investing activities -70745000
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 181626000
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 0
Proceeds from borrowings 0
Repayments of borrowings 60023000
Payments of lease liabilities 101699000
Dividends paid 0
Interest paid 74730000
Income taxes paid (refund) 0
Other inflows (outflows) of cash 12591000
Net cash flows from (used in) financing activities -42235000
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes -17120000
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 -17120000
Cash and cash equivalents cash flow statement at beginning of period 67312000
Cash and cash equivalents cash flow statement at end of period 50192000





Details of Impact of Audit Qualification
Whether results are audited or unaudited Audited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s Bilimoria Mehta & Co. Yes 30-Jun-2027


Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)
Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 The Byke Hospitality Limited Choice International Limited Group Company Any other transaction Rent on space sharing 5400000 NA 5400000 0 0
2 The Byke Hospitality Limited Choice International Limited Group Company Any other transaction Trade Payable 972000 NA 972000 0 0
3 The Byke Hospitality Limited Choice Connect Pvt Ltd Group Company Any other transaction Business Support Services 1367000 NA 1367000 0 0
4 The Byke Hospitality Limited Choice Connect Pvt Ltd Group Company Any other transaction Trade Payable 282000 NA 282000 0 0
5 The Byke Hospitality Limited Hotel Relax Private Limited Group Company Any other transaction Lease Rent of Hotel Property 1602000 NA 1602000 0 0
6 The Byke Hospitality Limited Anil Patodia KMP Any other transaction Director Remuneration 3000000 NA 3000000 0 0
7 The Byke Hospitality Limited Girdhari Kyal KMP Any other transaction Salaries & Allowances 600000 NA 600000 0 0
8 The Byke Hospitality Limited Puja Sharma KMP Any other transaction Salaries & Allowances 318000 NA 318000 0 0
9 The Byke Hospitality Limited Aayush Patodia Relative of KMP Any other transaction Salaries & Allowances 1200000 NA 1200000 0 0
10 The Byke Hospitality Limited Archana Patodia KMP Any other transaction Salaries & Allowances 300000 NA 300000 0 0
11 The Byke Hospitality Limited Choice Techlab Pvt Ltd Enterprises over which KMP & Relative of KMP are able to exercise significant influence Any other transaction Technical Fee 19000 NA 19000 0 0
12 The Byke Hospitality Limited Choice Techlab Pvt Ltd Enterprises over which KMP & Relative of KMP are able to exercise significant influence Any other transaction Trade Payable 23000 NA 23000 0 0
13 The Byke Hospitality Limited Choice Consultancy Services Pvt Ltd Enterprises over which KMP & Relative of KMP are able to exercise significant influence Any other transaction Sale of services 73000 NA 73000 0 0
14 The Byke Hospitality Limited Choice Finserve Pvt Ltd Enterprises over which KMP & Relative of KMP are able to exercise significant influence Any other transaction Sale of services 163000 NA 163000 0 0
15 The Byke Hospitality Limited Choice Capital Advisors Pvt Ltd Enterprises over which KMP & Relative of KMP are able to exercise significant influence Any other transaction Sale of services 4000 NA 4000 0 0
16 The Byke Hospitality Limited Choice Connect Pvt Ltd Enterprises over which KMP & Relative of KMP are able to exercise significant influence Any other transaction Sale of services 22000 NA 22000 0 0
17 The Byke Hospitality Limited Choice Equity Broking Pvt Ltd Enterprises over which KMP & Relative of KMP are able to exercise significant influence Any other transaction Sale of services 43000 NA 43000 0 0
Total value of transaction during the reporting period 15388000