UVS Hospitality Q1 FY27 Results (BSE: 531652)
Signal: Earnings grew
The read
The quarter marks a sharp consolidated earnings inflection: revenue accelerated to ₹4504.22 lakh, +87.5% YoY versus +23.5% in Q4FY26, and EBITDA margin expanded to 22.3%, but gross margin fell 1122bps to 57.9% as raw-material intensity rose to 42.08%; the apparent group recovery is therefore heavily dependent on overseas subsidiaries and not the parent restaurant business.
| Metric | Value | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹45.04 Cr | 87.5% | +20.9% |
| EBIT | ₹8.38 Cr | 470.1% | |
| Net profit | ₹7.91 Cr | 576.1% | |
| EPS | ₹2.16 | 483.8% | |
| EBIT margin | 22.3% |
P&L walk
Consolidated revenue increased to ₹4504.22 lakh, +87.5% YoY and +20.9% QoQ, but gross margin compressed to 57.9% from 69.1% as raw-material cost rose to 42.08% of revenue from 30.87%; EBITDA nevertheless reached ₹1005 lakh and PAT ₹790.854 lakh, supported by much lower depreciation and zero tax.
Segments
Outside India generated ₹4026.05 lakh, or 89.38% of consolidated revenue, while Within India contributed ₹478.17 lakh, making the overseas subsidiaries the principal earnings engine as standalone restaurant operations were closed.
Key positives
- Consolidated revenue reached ₹4504.22 lakh, +87.5% YoY and +20.9% QoQ, accelerating from +23.5% YoY in Q4FY26.
- EBITDA rose to ₹1005 lakh, +265.5% YoY, versus revenue growth of +87.5%, with EBITDA margin expanding 1085bps to 22.3%.
- Finance cost declined 42.6% QoQ to ₹47.58 lakh, while employee cost grew only 9.9% YoY to ₹684.02 lakh against 87.5% revenue growth.
- Outside India contributed ₹4026.05 lakh, or 89.38% of group revenue, establishing subsidiaries as the current consolidated growth driver.
Key concerns
- Gross margin compressed 1122bps YoY to 57.9% as raw-material cost increased to 42.08% of revenue from 30.87%, with no driver disclosed.
- Standalone restaurant revenue was ₹0.00 lakh because operations were temporarily closed, and the parent still reported a ₹56.527 lakh loss.
- Consolidated EPS growth of 483.8% lagged PAT growth of 576.1%, with paid-up capital increasing 6.5% YoY to ₹3813.26 lakh.
- The consolidated revenue and profit contribution is geographically concentrated outside India at 89.38% of revenue.
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