Chalet Hotels Limited posted a net loss in the Mar-21 quarter narrowed sequentially to Rs2.6cr as compared to a net loss of Rs3.10cr in the Dec-20 quarter. The losses are more on account of fixed costs not getting absorbed on such a low revenue base.
The stock is currently trading at Rs153.35, down by Rs3.1 or 1.98% from its previous closing of Rs156.45 on the BSE.
The company’s total income for Q4FY21 grew by 11% to Rs102.1cr sequentially as compared to Q3FY21.
EBITDA for Q4FY21 adjusted for reversal of SEIS income (Rs12.3cr) was at Rs18.7cr a growth of 5% as compared to Rs17.9cr in Q3FY21.
For the Hospitality segment:
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Sequential Revenue Growth for Q4FY21 was 16%
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Occupancy for Q4FY21 was at 39% as against 33% for Q3FY21 an expansion of 600 bps.
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ADR was stable at Rs4,173 resulting in sequential RevPAR growth of 22% to Rs1,610 in Q4FY21
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EBITDA for the quarter was at Rs1.9cr
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Retail & Commercial segment: revenues were at Rs25.8cr with EBITDA at Rs21.5cr for Q4FY21
The scrip opened at Rs151 and has touched a high and low of Rs154.30 and Rs150.70 respectively.
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