---
title: "Advani Hotels & Resorts (India) Ltd (ADVANIHOTR) — Share Price, Financials & Analysis"
symbol: "ADVANIHOTR"
company: "Advani Hotels & Resorts (India) Ltd"
canonical: "https://tapetide.com/stocks/ADVANIHOTR"
isin: "INE199C01026"
nse_symbol: "ADVANIHOTR"
bse_code: "523269"
sector: "Leisure Services"
industry: "Hotels & Resorts"
market_cap_cr: 450.73
generated_at: "2026-09-13T19:30:55.716Z"
---

# Advani Hotels & Resorts (India) Ltd (ADVANIHOTR)

Canonical page: https://tapetide.com/stocks/ADVANIHOTR

## Company

- **NSE Symbol:** ADVANIHOTR
- **BSE Code:** 523269
- **ISIN:** INE199C01026
- **Sector:** Leisure Services
- **Industry:** Hotels & Resorts
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2007-06-25
- **CEO:** Mr. Sunder Gurdas Advani
- **Employees:** 161
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** caravelabeachresortgoa.com

## About

Incorporated in 1987, Advani Hotels and Resorts India Ltd is in the business of hoteliering

## Latest Price

- **Price:** ₹49.18
- **Change:** +0.75 (+1.55%)
- **Open:** ₹48.99
- **Day High:** ₹50
- **Day Low:** ₹48
- **Previous Close:** ₹48.43
- **Volume:** 16431
- **As Of:** 2026-09-11T10:27:46+00:00

## Key Fundamentals

Observed at 2026-09-11T04:41:18.789250Z.

- **Market Cap:** ₹450.73 Cr
- **Classification:** Microcap
- **P/E (reported):** 19.6
- **P/E (TTM):** 19.83
- **EPS (TTM):** ₹2.48
- **EPS (reported):** ₹2.7
- **Book Value:** ₹9.51
- **Price to Book:** 5.1
- **Dividend Yield:** 3.72%
- **ROE:** 4.63%
- **ROCE:** 6.05%
- **Debt to Equity:** 0.01
- **Revenue (yearly):** ₹110.2 Cr
- **Net Income:** ₹23.9 Cr
- **EBITDA:** ₹35.7 Cr
- **52-Week High:** ₹65.5
- **52-Week Low:** ₹47
- **RSI (14):** 33.72

## Tapetide Score

- **Score:** 58 / 100
- **Score date:** 2026-09-04
- **Archetype:** Quality at a Reasonable Price
- **What it means:** Financial strength is not being paid for with a demanding multiple. The question worth asking is whether the quality is durable or reflects a good patch — check the consistency of returns over several years rather than the latest quarter.
- **Pillar profile:** Quality: Good · Valuation: Fair · Momentum: Flat
- **Percentile:** 81.3 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 77.21 | 9% |
| growth | 46.01 | 9% |
| momentum | 51.15 | 12% |
| ownership | 50 | 24% |
| quality | 75.85 | 22% |
| valuation | 52.66 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company is almost debt free.
- Stock is trading at 0.88 times its book value
- Company has been maintaining a healthy dividend payout of 89.8%

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 10.38% | -19.95% | 79.31% |
| ebitda margin growth | -20% | -6.34% | -4.99% | 45% |
| net income growth | -23.08% | -9.47% | -5% | 51% |
| revenue growth | 2.07% | -0.9% | 3% | 31% |
| roce | — | -84.92% | -85.85% | 32% |
| roe | — | -85.74% | 23.94% | -64.52% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 17.25 | 32.29 | 32.57 | 22.06 | 16.71 | 35.14 | 33.51 | 19.92 | 15.19 | 36.09 | 35.51 | 21.02 |
| Expenses | 16.88 | 19.48 | 18.26 | 17.41 | 17.71 | 19.29 | 18.4 | 16.96 | 16.41 | 21.33 | 19.85 | 19.37 |
| Operating Profit | 0.37 | 12.81 | 14.31 | 4.65 | -1 | 15.85 | 15.11 | 2.96 | -1.22 | 14.76 | 15.66 | 1.65 |
| OPM % | 2.14 | 39.67 | 43.94 | 21.08 | -5.98 | 45.11 | 45.09 | 14.86 | -8.03 | 40.9 | 44.1 | 7.85 |
| Other Income | 0.68 | 0.75 | 0.97 | 0.9 | 0.9 | 0.94 | 1.06 | 0.96 | 0.89 | 0.1 | 0.63 | 1.03 |
| Interest | 0.03 | 0.03 | 0.04 | 0.02 | 0.02 | 0.02 | 0.05 | 0.01 | 0.01 | 0.02 | 0.02 | 0.04 |
| Depreciation | 0.82 | 0.83 | 0.86 | 0.81 | 0.74 | 0.73 | 0.73 | 0.74 | 0.76 | 0.77 | 0.81 | 0.8 |
| Profit before tax | 0.2 | 12.7 | 14.38 | 4.72 | -0.86 | 16.04 | 15.39 | 3.17 | -1.1 | 14.07 | 15.46 | 1.84 |
| Tax % | -125 | 26.77 | 26.29 | 23.52 | -33.72 | 25.75 | 25.47 | 25.87 | -10.91 | 23.45 | 24.26 | 24.46 |
| Net Profit | 0.45 | 9.31 | 10.59 | 3.61 | -0.56 | 11.92 | 11.47 | 2.35 | -0.98 | 10.78 | 11.71 | 1.39 |
| EPS in Rs | 0.05 | 1.01 | 1.15 | 0.39 | -0.06 | 1.29 | 1.24 | 0.25 | -0.11 | 1.17 | 1.27 | 0.15 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 62 | 70 | 70 | 27 | 51 | 99 | 105 | 107 | 107 | 108 |
| Expenses | 47 | 54 | 53 | 30 | 41 | 59 | 71 | 73 | 75 | 77 |
| Operating Profit | 15 | 16 | 17 | -3 | 11 | 39 | 34 | 35 | 32 | 31 |
| OPM % | 24 | 23 | 24 | -10 | 21 | 40 | 32 | 32 | 30 | 29 |
| Other Income | 1 | 1 | 1 | 1 | 1 | 2 | 3 | 4 | 3 | 3 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 4 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Profit before tax | 13 | 14 | 14 | -5 | 9 | 38 | 33 | 35 | 32 | 30 |
| Tax % | 33 | 18 | 20 | -25 | 25 | 25 | 25 | 25 | 24 | — |
| Net Profit | 9 | 11 | 11 | -4 | 7 | 29 | 25 | 26 | 24 | 23 |
| EPS in Rs | 0.93 | 1.23 | 1.22 | -0.44 | 0.7 | 3.1 | 2.7 | 2.86 | 2.58 | 2.48 |
| Dividend Payout % | 37 | 81 | 78 | 0 | 99 | 55 | 133 | 66 | 70 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 9 | 9 | 9 | 9 | 9 | 9 | 9 | 18 | 18 | 18 |
| Reserves | 32 | 38 | 45 | 38 | 34 | 41 | 53 | 53 | 63 | 497 |
| Borrowings | 1 | 1 | 2 | 1 | 1 | 1 | 2 | 2 | 1 | 3 |
| Other Liabilities | 19 | 23 | 20 | 19 | 20 | 24 | 25 | 26 | 26 | 26 |
| Total Liabilities | 61 | 71 | 76 | 68 | 64 | 75 | 90 | 100 | 108 | 544 |
| Fixed Assets | 50 | 51 | 49 | 47 | 44 | 43 | 43 | 44 | 44 | 472 |
| CWIP | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
| Investments | 0 | 0 | 19 | 11 | 12 | 25 | 33 | 19 | 15 | 40 |
| Other Assets | 10 | 20 | 8 | 9 | 8 | 7 | 14 | 36 | 48 | 31 |
| Total Assets | 61 | 71 | 76 | 68 | 64 | 75 | 90 | 100 | 108 | 544 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 14 | 15 | 11 | 14 | 2 | 13 | 26 | 29 | 21 | 23 |
| Cash from Investing Activity | -1 | -3 | -20 | 8 | -1 | -13 | -9 | -13 | 5 | -16 |
| Cash from Financing Activity | -11 | -3 | -4 | -20 | 0 | -1 | -15 | -17 | -18 | -17 |
| Net Cash Flow | 2 | 9 | -12 | 1 | 0 | -1 | 2 | 0 | 8 | -9 |
| Free Cash Flow | 13 | 12 | 10 | 13 | 1 | 13 | 24 | 25 | 18 | 21 |
| CFO/OP | 111 | 127 | 93 | 105 | -71 | 136 | 91 | 112 | 87 | 96 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 17 | 19 | 18 | 14 | 5 | 3 | 10 | 3 | 2 | 2 |
| Inventory Days | 106 | 106 | 89 | 110 | 215 | 143 | 74 | 66 | 93 | 86 |
| Days Payable | 226 | 270 | 208 | 228 | 583 | 296 | 179 | 164 | 109 | 113 |
| Cash Conversion Cycle | -103 | -146 | -101 | -104 | -363 | -151 | -95 | -96 | -13 | -25 |
| Working Capital Days | -30 | -44 | -37 | -40 | -161 | -98 | -46 | -56 | -45 | -47 |
| ROCE % | 33 | 29 | 27 | 27 | -11 | 18 | 66 | 48 | 45 | 11 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 50.25% | 50.25% | 50.25% | 50.25% | 50.25% | 50.25% | 50.25% | 50.25% | 50.25% | 50.25% | 50.25% | 50.25% |
| FIIs | 0% | 0% | 0.21% | 0.22% | 0.2% | 0.2% | 0.2% | 0.22% | 0.21% | 0.2% | 0.2% | 0.2% |
| DIIs | 0.11% | 0.11% | 0.05% | 0.05% | 0.1% | 0.1% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% | 0.05% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 18.25% | 19.3% | 19.98% | 20.17% | 20.47% | 20.43% | 20.5% | 20.54% | 20.56% | 20.53% | 20.49% | 20.43% |
| Others | 31.39% | 30.34% | 29.51% | 29.3% | 28.98% | 29.02% | 29% | 28.95% | 28.93% | 28.97% | 29.01% | 29.07% |
| No. of Shareholders | 15225 | 19085 | 28624 | 34904 | 38605 | 38529 | 39965 | 39806 | 39841 | 40628 | 39745 | 39379 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 0 / 7 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 49.21 | Sell |
| EMA (10) | 49.19 | Sell |
| SMA (20) | 49.55 | Sell |
| EMA (20) | 49.6 | Sell |
| SMA (50) | 50.82 | Sell |
| EMA (50) | 50.59 | Sell |
| SMA (100) | 52.1 | Sell |
| EMA (100) | 51.7 | Sell |
| SMA (200) | 53.61 | Sell |
| EMA (200) | 53.46 | Sell |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.04 | Neutral |
| MACD (12,26,9) | -0.56 | Sell |
| Stochastic (14,3,3) | 20.93 | Neutral |
| ADX (14) | 18.19 | Neutral |
| Williams %R (14) | -71.87 | Neutral |
| ATR (14) | 1.39 | Neutral |
| ROC (12) | -1.4 | Sell |
| Stoch RSI (14) | 74.38 | Neutral |
| UO (7,14,28) | 36.49 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-02 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=90cb9cc9-8140-46ae-bb20-b928c1942fa3.pdf) |
| 2026-09-01 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f184ddbc-304c-4583-8951-06d165e666f5.pdf) |
| 2026-09-01 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b2f849c7-6107-461f-b281-eb7f291afd1d.pdf) |
| 2026-08-31 | [39Th AGM Of The Company To Be Held On Tuesday September 22 2026 At 2:00 P.M. (IST)](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ee5f0f6a-2c85-4c0c-8529-07110a89c463.pdf) |
| 2026-08-19 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=16da1233-59b9-4975-9aa9-125fe55da87c.pdf) |
| 2026-08-17 | [Announcement under Regulation 30 (LODR)-Press Release / Media Release](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=fbae6b45-a6aa-4cc4-a193-3062337587f3.pdf) |
| 2026-08-14 | [Board Meeting Outcome for Outcome Of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=7774a84d-7147-4960-a35e-8cfadb12b287.pdf) |
| 2026-08-11 | [Board Meeting Intimation for To Consider And Approve The Unaudited Financial Results Of The Company For The Quarter Ended June 30 2026.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=208cc0c5-39d3-4d90-9ed9-81f29309e996.pdf) |
| 2026-07-29 | [Announcement under Regulation 30 (LODR)-Newspaper Publication](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=4f7aea64-152c-410b-9657-530ea4eb9933.pdf) |
| 2026-07-13 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=04b5731a-dd40-4a7f-bfcc-c98f4ce9704e.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-23 | [Financial Results Of The Company For The Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=6e31d0b4-81a8-4d70-9cc0-4648512f8175.pdf) |
| 2025-08-01 | [UFR For The Quarter Ended June 2025.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=59d61b68-1f94-4ec0-b547-322b1f4da4e8.pdf) |
| 2024-11-14 | [UFR 30 September 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c84302af-f914-4994-9e80-bcc7f606acf3.pdf) |
| 2024-08-14 | [UFR For The Quarter Ended June 30, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9a59c336-4607-4fb4-b17b-1de99a6f4b85.pdf) |
| 2024-05-22 | [Audited Financial Results For Quarter And Financial Year Ended March 31, 2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=14b1a523-65b5-4dfb-92fd-53af7254312b.pdf) |
| 2024-01-29 | [Board Meeting Outcome for As Per Attachment](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e3b0ff7b-da64-4e7b-8544-6384db13a83a.pdf) |
| 2024-01-29 | [Results - Financial For The Quarter Ended 31.12.2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a3938ca5-483a-41a4-82ea-5b9ad14c5f91.pdf) |
| 2023-11-13 | [Outcome Of The Board Meeting Of The Company Held Today I.E. November 13, 2023.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=60dbabcd-db20-4cf1-9726-b5400829440c.pdf) |
| 2023-08-10 | [Unaudited Financial Results And Limited Review Report For The Quarter Ended June 30, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e9a2e4b5-3780-4187-b812-b597c379e845.pdf) |
| 2023-05-19 | [Outcome Of The Board Meeting Of The Company Held Today I.E. Friday, May 19, 2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e3d9071c-83f1-4519-8038-5f0195c637c2.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 8h - SSNA filed involuntary Chapter 7 petition against OBSA for USD 10.64mn receivables; Q4 FY26 PAT expected accretive. | [Intimation Under Regulation 30 Of SEBI LODR. 8h - SSNA filed involuntary Chapter 7 petition against OBSA for USD 10.64mn receivables; Q4 FY26 PAT expected accretive.](https://www.bseindia.com/xml-data/corpfiling/AttachLive/71570c4d-da6c-41b5-9e16-150e692703a9.pdf) |
| 4 Mar - PFA newspaper publication made on Notice to Shareholders on transfer of Equity Shares to IEPF. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Mar - PFA newspaper publication made on Notice to Shareholders on transfer of Equity Shares to IEPF.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2964c290-c91c-454d-a1f7-60844cd59899.pdf) |
| 3 Mar - 3 Mar 2026: Sonata Software recognized as Microsoft Frontier Partner; emphasizes AI-first capabilities; $1.2B revenue. | ['Sonata Software Among The First Companies To Be Recognized As A Microsoft Frontier Partner'. 3 Mar - 3 Mar 2026: Sonata Software recognized as Microsoft Frontier Partner; emphasizes AI-first capabilities; $1.2B revenue.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/03171429-35f1-4286-8580-8a88407c21fc.pdf) |
| 28 Feb - Postal ballot (Jan 30–Feb 28, 2026): approved CEO Prahlad S. Advani remuneration and expense ratification. | [Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 28 Feb - Postal ballot (Jan 30–Feb 28, 2026): approved CEO Prahlad S. Advani remuneration and expense ratification.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e6e1c534-e4d6-4ca1-9b14-3616e0b185e7.pdf) |
| 28 Feb - Postal ballot (Jan 30–Feb 28, 2026) approved CEO Prahlad S. Advani remuneration and expense ratification. | [Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 28 Feb - Postal ballot (Jan 30–Feb 28, 2026) approved CEO Prahlad S. Advani remuneration and expense ratification.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/382d8f8f-b017-4aaa-b53d-46fd34cb0cb6.pdf) |
| 28 Feb - Copy of Newspaper Publication for completion of dispatch of Postal Ballot Notice. | [Announcement under Regulation 30 (LODR)-Newspaper Publication 28 Feb - Copy of Newspaper Publication for completion of dispatch of Postal Ballot Notice.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b6325587-0440-47ee-846a-474afc1d9c8e.pdf) |
| 27 Feb - Postal ballot: reappoint P Srikar Reddy EV Chairman & WTD (4 Apr 2026–3 Apr 2028); remuneration Rs50 lakh/0.2% PAT. | [Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 27 Feb - Postal ballot: reappoint P Srikar Reddy EV Chairman & WTD (4 Apr 2026–3 Apr 2028); remuneration Rs50 lakh/0.2% PAT.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/b8b67e7d-57d3-4708-8423-a19f77255d51.pdf) |
| 24 Mar - Special window Feb 5, 2026–Feb 4, 2027 for transfer/demat of physical shares (SEBI circular). | [Announcement under Regulation 30 (LODR)-Press Release / Media Release 24 Mar - Special window Feb 5, 2026–Feb 4, 2027 for transfer/demat of physical shares (SEBI circular).](https://www.bseindia.com/xml-data/corpfiling/AttachHis/0099cde0-27cd-46d7-a3f1-2e05dee41014.pdf) |
| 20 Feb - Virtual one-on-one with Aditya Birla Sun Life AMC on 20 Feb 2026, 6:30–7:00 PM IST. | [Analyst Call/ Investor Meet Update 20 Feb - Virtual one-on-one with Aditya Birla Sun Life AMC on 20 Feb 2026, 6:30–7:00 PM IST.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/09e0f3bf-0c03-42a5-a857-0ed117392bd3.pdf) |
| 20 Feb - Company Secretary Deepesh Joishar resigned Feb 20; Milind Nigam appointed effective Feb 21, 2026. | [Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer 20 Feb - Company Secretary Deepesh Joishar resigned Feb 20; Milind Nigam appointed effective Feb 21, 2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bb90121b-2dc3-421d-ae79-1f69c03190e8.pdf) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Oct 2023 | [Concall - Oct 2023](https://www.bseindia.com/xml-data/corpfiling/AttachHis/6525a48d-c994-452f-9c5e-ea62545bdec0.pdf) |
| Oct 2022 | [Concall - Oct 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/1bead6cb-a4de-4289-ad31-535d874e9ed8.pdf) |
| Oct 2021 | [Concall - Oct 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/19a07582-8468-421c-95c9-5f412e98b0c7.pdf) |
| Nov 2025 | [Concall - Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/bb04a85b-3375-4670-af30-36728356e907.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ce193b2b-cffb-4e88-bdfa-ce75bd5f60e2.pdf) |
| Nov 2017 | [Concall - Nov 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2017/11/88a550fa-26f4-47a4-b5f2-9709abee3f49.pdf) |
| May 2025 | [Concall - May 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/369e5e4f-0c92-43f0-aa7d-85a19bdf0554.pdf) |
| May 2024 | [Concall - May 2024](https://www.bseindia.com/xml-data/corpfiling/AttachHis/7b4e7289-8c97-4653-9e28-6d48b719344d.pdf) |
| May 2022 | [Concall - May 2022](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e216673a-d1ac-4cce-8bbe-557647ac7e5b.pdf) |
| May 2021 | [Concall - May 2021](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ef86e9dd-4145-4776-b3d0-1135c1e6b493.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2012 from nse](https://archives.nseindia.com/annual_reports/AR_ADVANIHOTR_2011_2012_23082012023132.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/cca0bdc0-2df8-4115-8dd3-5defbdd828a1.pdf) |
| from bse | [Financial Year 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/55a280c4-1b8c-441c-953b-d98e3e553ee4.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/2fb0bc5c-92eb-4c3c-b07d-404f1564d6ee.pdf) |
| from bse | [Financial Year 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f3cf9d48-9b85-4eff-b890-25592677fc22.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a5f608f3-444c-42cb-a61a-834a4c2bc22f.pdf) |
| from bse | [Financial Year 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/89336088-2426-48d2-8384-08ce6804d86e.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/523269/75964523269.pdf) |
| from bse | [Financial Year 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/532221/73074532221.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/523269/72727523269.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:30:55.716Z.