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Hotelest
On this page
Company details
- Legal name
- Hotelest Limited
- Listing
- No ticker printed on the Stock Exchange of Mauritius, active (observed 2026-10-08)
- Sector
- Not classified (our classification from the stated principal activity)
- Financial year ends
- 31 December
Overview
Year ended 31 December 2025 · published summary of audited statements, final status not established · source
Read with these figures
- Published summary of audited statements not confirmed as final. The published copy is not confirmed as the final version. The FY2025 figures come from it.
Full wording and sources
Published summary of audited statements for 2025: final status not established
Abridged audited financial statements published on the SEM's DEM published-accounts page, issued 'By order of the Board' by La Gaieté Services Limited, Secretary, 30 March 2026; 'The Board of Hotelest Limited accepts full responsibility for the accuracy of these financial statements' (p1). No auditor's report is printed (neither on the summary nor on the full statements); the publication states the financial statements were audited by Ernst & Young (note 2, p1).
Source: Hotelest Limited and its subsidiaries Abridged audited financial statements for the year ended December 31, 2025 (dated 2026-03-30)
2025, 2024: figures from a published summary
These columns come from a summary of the audited statements, not the full audited financial statements. The summary does not state its source. It is headed 'Abridged audited financial statements for the year ended December 31, 2025' and states 'The financial statements for the year ended 31 December 2025 have been audited by Ernst & Young' (p1). No auditor's report on the summary is printed, and no auditor's report on the full statements is reprinted. The summary states: 'The financial statements for the year ended 31 December 2025 have been audited by Ernst & Young.' (note 2, p1). Columns are headed 'Dec-25 Audited' and 'Dec-24 Audited'. Statement of profit or loss (from revenue via EBITDA; no cost of sales or gross profit), other comprehensive income, statement of financial position (current assets and current liabilities each a single line), statement of cash flow (section totals only), statement of changes in equity and geographical information (revenue and total assets by Mauritius/Maldives), all on PDF p1; brief notes and commentary. The full financial statements are not included.
Source: Hotelest Limited and its subsidiaries Abridged audited financial statements for the year ended December 31, 2025 (dated 2026-03-30)
-
Revenue
MUR 6.48 billion
6,484,067 MUR thousands · p1
+5.4% vs 2024
-
Operating profit / (loss)
MUR 1.07 billion
1,073,540 MUR thousands · p1
−0.6% vs 2024
-
Profit / (loss) for the year
MUR 428 million
427,813 MUR thousands · p1
+28.5% vs 2024
-
Total assets
MUR 17.9 billion
17,916,905 MUR thousands · p1
+3.5% vs 2024
-
Total equity
MUR 5.49 billion
5,494,926 MUR thousands · p1
−8.7% vs 2024
-
Cash from operations
MUR 1.12 billion
1,122,018 MUR thousands · p1
−2.8% vs 2024
Large amounts are rounded for reading (MUR million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.
Financial statements
Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in MUR thousands unless the row says otherwise; brackets are negative.
† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table
Column sources
- FY2025 — published summary of audited statements (summary), final status not established; reported for the year · source
- FY2024 — published summary of audited statements (summary), final status not established; comparative in the FY2025 filing · source
- 2025, 2024: figures from a published summary. These columns come from a summary of the audited statements, not the full audited financial statements. The summary does not state its source. It is headed 'Abridged audited financial statements for the year ended December 31, 2025' and states 'The financial statements for the year ended 31 December 2025 have been audited by Ernst & Young' (p1). No auditor's report on the summary is printed, and no auditor's report on the full statements is reprinted. The summary states: 'The financial statements for the year ended 31 December 2025 have been audited by Ernst & Young.' (note 2, p1). Columns are headed 'Dec-25 Audited' and 'Dec-24 Audited'. Statement of profit or loss (from revenue via EBITDA; no cost of sales or gross profit), other comprehensive income, statement of financial position (current assets and current liabilities each a single line), statement of cash flow (section totals only), statement of changes in equity and geographical information (revenue and total assets by Mauritius/Maldives), all on PDF p1; brief notes and commentary. The full financial statements are not included.
Income statement
| Line (as printed) | FY2025Published summary of audited statements (summary)reported for the year | FY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitations |
|---|---|---|
| Revenue | 6,484,067 | 6,149,086 |
| Allowance released / (charged) on expected credit losses | 5,444 | (19,279) |
| Depreciation and amortisation1 | (720,422) | (710,948) |
| Operating profit | 1,073,540 | 1,080,288 |
| Finance income | 858 | 2,555 |
| on financial debts2 | (469,287) | (472,773) |
| on lease liabilities3 | (275,488) | (299,570) |
| Share of results of associates | 288,452 | 206,087 |
| Loss on derecognition of rights of use assets4 | –5 | (4,044) |
| Profit before taxation | 618,075 | 512,543 |
| Income tax expense | (190,262) | (179,534) |
| Profit for the year | 427,813 | 333,009 |
| Non-controlling interests6 | 227,298 | 176,212 |
| Other comprehensive income/(loss) for the year | 197,559 | (24,152) |
| Total comprehensive income for the year | 625,372 | 308,857 |
- Printed “-”, read as nil: subtotal_arithmetic: is.profit_before_tax.
Notes and alternative reported figures (5)
- “Depreciation and amortisation” is an issuer-specific line, not mapped to a shared definition: Depreciation and amortisation, one line, between EBITDA and operating profit.
- “on financial debts” is an issuer-specific line, not mapped to a shared definition: Finance costs on financial debts.
- “on lease liabilities” is an issuer-specific line, not mapped to a shared definition: Finance costs on lease liabilities.
- “Loss on derecognition of rights of use assets” is an issuer-specific line, not mapped to a shared definition: Printed below the unlabelled subtotal after share of associates.
- “Non-controlling interests” is an issuer-specific line, not mapped to a shared definition: Share of the year's profit attributable to non-controlling interests.
Balance sheet
| Line (as printed) | FY2025Published summary of audited statements (summary)reported for the year | FY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitations |
|---|---|---|
| Property, plant and equipment | 8,427,985 | 8,486,024 |
| Rights-of-use assets | 4,422,051 | 4,401,233 |
| Intangible assets | 84,519 | 85,071 |
| Investments in associates | 2,703,623 | 2,288,963 |
| Deferred tax assets | 147,062 | 118,267 |
| Non-current assets (unlabelled subtotal) | 15,785,240 | 15,379,558 |
| Current Assets | 2,131,665 | 1,931,073 |
| Total Assets | 17,916,905 | 17,310,631 |
| Owners' interest | 2,827,635 | 2,596,466 |
| Convertible bonds1 | –2 | 961,715 |
| Non-controlling interests | 2,667,291 | 2,458,589 |
| Total equity | 5,494,926 | 6,016,770 |
| Borrowings | 4,652,898 | 4,655,312 |
| Lease liabilities | 3,363,744 | 3,450,940 |
| Deferred tax liabilities | 293,366 | 248,404 |
| Employee benefit obligations | 684,979 | 606,848 |
| Non-current liabilities (unlabelled subtotal) | 8,994,987 | 8,961,504 |
| Current Liabilities | 3,426,992 | 2,332,357 |
| Total Liabilities | 12,421,979 | 11,293,861 |
| Total Equity and Liabilities | 17,916,905 | 17,310,631 |
- Printed “-”, read as nil: subtotal_arithmetic: bs.total_equity.
Notes and alternative reported figures (1)
- “Convertible bonds” is an issuer-specific line, not mapped to a shared definition: Convertible bonds classified in equity (redeemed in 2025).
Cash flow
| Line (as printed) | FY2025Published summary of audited statements (summary)reported for the year | FY2024Published summary of audited statements (summary)comparative in FY2025 filingsource limitations |
|---|---|---|
| Net cash generated from operating activities | 1,122,018 | 1,154,204 |
| Net cash used in investing activities | (653,944) | (1,317,119) |
| Net cash used in financing activities | (289,006) | (173,400) |
| Increase / (decrease) in cash and cash equivalents | 179,068 | (336,315) |
| Foreign exchange difference | 32,286 | 28,312 |
| Cash and cash equivalents at beginning of the year | 71,843 | 379,846 |
| Cash and cash equivalents at end of the year | 283,197 | 71,843 |
Reported measures outside the statements
| Measure (as printed) | FY2025 | FY2024 |
|---|---|---|
| Earnings before interest, taxation, depreciation and amortisation | 1,788,518 p1 | 1,810,515 p1 |
Segments
Segment data not yet collected for this company in the pilot.
Dividends
Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.
No dividend statement or amount collected.
Sources
Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.
-
Hotelest Limited and its subsidiaries Abridged audited financial statements for the year ended December 31, 2025
Year ended 31 December 2025 · Published summary of audited statements (summary) · final status not established
Audit: Ernst & Young (named); no auditor's opinion on the full statements in this document · no signature page in this document
Final status: Abridged audited financial statements published on the SEM's DEM published-accounts page, issued 'By order of the Board' by La Gaieté Services Limited, Secretary, 30 March 2026; 'The Board of Hotelest Limited accepts full responsibility for the accuracy of these financial statements' (p1). No auditor's report is printed (neither on the summary nor on the full statements); the publication states the financial statements were audited by Ernst & Young (note 2, p1).
- Document date
- 30 Mar 2026
- Auditor's report
- date not found in this document
- Board approval
- date not found in this document
- Retrieved by us
- 8 Oct 2026 (not a publication date)
- Used for
- statement columns FY2025, FY2024
- Basis
- consolidated statements · MUR thousands (printed “MUR'000”)
- The profit or loss statement prints an unlabelled subtotal (618,075; 2024: 516,587) after share of results of associates and before the loss on derecognition of right-of-use assets; it is not transcribed (profit before taxation is checked against its printed components).
- No auditor's report on the summary is printed, and no auditor's report on the full statements is reprinted. The summary states: 'The financial statements for the year ended 31 December 2025 have been audited by Ernst & Young.' (note 2, p1). Columns are headed 'Dec-25 Audited' and 'Dec-24 Audited'.
- Statement of profit or loss (from revenue via EBITDA; no cost of sales or gross profit), other comprehensive income, statement of financial position (current assets and current liabilities each a single line), statement of cash flow (section totals only), statement of changes in equity and geographical information (revenue and total assets by Mauritius/Maldives), all on PDF p1; brief notes and commentary. The full financial statements are not included.
Technical details
- File
- 2 pages, with a text layer
- SHA-256
eee7eb4fad65e600b789074c11dfa1d6222de49bf90ceecd2efb99f987bb54f5- Entity as printed
- HOTELEST LIMITED AND ITS SUBSIDIARIES (BRN: C06014126)
- Exchange copy
- retrieved 2026-10-08T18:02:51Z
Data notes
No figure-level notes beyond those in the tables.
Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (9 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.
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Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.