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Informist, Monday, May 11, 2026

 

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--Indian Hotels Jan-Mar consol net profit INR 6 bln 
--Analysts saw Indian Hotels Jan-Mar consol net profit INR 5.89 bln 
--Indian Hotels Jan-Mar consol revenue INR 27.65 bln 
--Analysts saw Indian Hotels Jan-Mar consol revenue INR 26.79 bln 
--Indian Hotels Jan-Mar consol net profit INR 6.0 bln vs INR 5.22 bln yr ago 
--Indian Hotels Jan-Mar consol revenue INR 27.65 bln vs INR 24.25 bln yr ago 
--Indian Hotels to pay INR 3.25 per share dividend 
--Indian Hotels FY26 consol net profit INR 20.84 bln vs INR 19.08 bln yr ago 
--Indian Hotels FY26 consol revenue INR 96.89 bln vs INR 83.35 bln yr ago 
--Indian Hotels Q4 consol hotel services sales INR 24.5 bln vs INR 21.5 bln 
--Indian Hotels expects to open 900 keys in Q1, 5,000 keys in FY27 
--Indian Hotels expects to spend INR 11 bln-13 bln on capex in FY27 
--Indian Hotels Jan-Mar consol EBITDA INR 10.52 bln, up 15% on yr 
--Indian Hotels Jan-Mar consol EBITDA margin 37% vs 36.9% year ago 
--Indian Hotels Q4 consol sales/available room INR 13,250/night, up 10% YoY 
--Indian Hotels Jan-Mar consol occupancy 78% vs 77% year ago 
--Indian Hotels:Used other fuels in domestic hotels to manage LPG supply hit 
--Indian Hotels:Saw cancellations of meetings in Q4 due to West Asia conflict 
--Indian Hotels expects management fee income to rise in double digits FY27 

 

By Ashutosh Pati

 

MUMBAI – Tata group-owned Indian Hotels Co. Ltd. Monday reported a nearly 15% on-year growth in its bottom line for the March quarter amid a similar jump in total revenues. The company's net profit was in-line with the Street's expectations and revenue was higher than estimates. It recorded the strongest revenue growth in last three quarters, which rose in double digits for the seventh straight quarter. However, its bottom line growth was the worst in seven quarters.

 

The hospitality company reported a consolidated net profit of INR 6 billion for the March quarter, in-line with analysts' expectation of INR 5.89 billion. Its revenue from operations for the quarter rose 14% on year to INR 27.65 billion. Analysts had expected the company to post revenues of INR 26.79 billion.

 

The company's total expenses rose over 14% on year to INR 20.15 billion in the March quarter, led by a rise in other operating and general expenses and employee benefit expenses. Indian Hotel's other operating and general expenses rose around 18% on year to INR 8.79 billion and employee benefit expenses and payment to contractors rose around 12% to INR 6.56 billion for the March quarter. Its expenses related to food and beverages consumed rose around 10% to INR 2.58 billion.

 

The company's revenue from hotel services rose 14% on year to INR 24.52 billion. Its revenue from air and institutional catering segment, TajSATS, rose 13% on year to INR 3.15 billion. Its earnings before interest, tax, depreciation, and amortisation were INR 10.52 billion for the quarter, up 15% on year. Its EBITDA margin for the quarter was at 37%, notwithstanding the impact of the West Asia war, the company said.

 

The company's revenue per available room rose 10% on year to INR 13,250 per night in the March quarter. Its total occupancy rose to 78% in the quarter from 77% a year ago.

 

The company, however, witnessed some cancellations of meetings, conferences, and exhibitions during the quarter due to the West Asia war. Airline route suspensions also impacted inbound travel. Its occupancy in Dubai Hotels was reduced to 25%, impacting the fee income, the company said. The company managed liquefied petroleum gas supply disruptions through the use of alternative fuels in domestic hotels.

 

The company guided for a capital expenditure of INR 11 billion to INR 13 billion in 2026-27 (Apr-Mar). It plans to open 5,000 keys across 60 hotels in the year. Of this, Indian Hotels plans to open around 900 keys in Apr-Jun across 11 hotels. The company expects management fees to grow in double digits in FY27.

 

The company said it will pay a dividend of INR 3.25 per share. For FY26, its net profit rose over 9% to INR 20.84 billion. The company's revenue rose over 16% during the year to INR 96.89 billion. 

 

The company declared its March quarter results after market hours. Monday, shares of Indian Hotel closed 1.8% lower at INR 661.30 on the National Stock Exchange.  End

 

Edited by Tanima Banerjee

 

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