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Earnings Call

Indian Hotels Company Earnings Call: Key Takeaways

IHCL delivered record FY26 results with consolidated PAT crossing ₹2,000 crore for the first time. Management is pivoting toward a capital-light model with 93% of the pipeline under management or asset-light formats.

Why this was an Alfa AlertNot a filter event. Results were record-breaking but in line with previous management trajectories.
Highlights
Revenue growth16% YoY consolidated growth to ₹9,971 crore for FY26.
MarginsConsolidated EBITDA margins at 34.9%; Ginger Mumbai reached industry-leading 56%.
Order bookPipeline remains strong at over 31,000 keys, largely capital-light.
Demand visibilityStrong domestic visibility; international hubs currently subdued due to West Asia.
Management confidenceExtremely confident, emphasizing resilience and 'future readiness' of the ecosystem.

Growth

Revenue grew 16% YoY to ₹9,971cr; EBITDA margins expanded to 34.9%, driven by high-growth new brands.

Outlook

Guided for 12-14% revenue growth in FY27 with 60+ new hotel openings planned.

Risks

Geopolitical conflicts in West Asia impacted international revenues by ₹40-50cr; sluggish demand in April mentioned.

Source

Earnings Call filed with BSE, NSE: INDHOTEL. Summary written with AI assistance from the document.

Read the document ↗

Indian Hotels Company Ltd: key numbers

Share price
₹726.80
Market cap
₹1,03,455 Cr
Revenue (annual)
₹9,689 Cr
Net profit (annual)
₹2,084 Cr
P/E (TTM)
48.2×Sector 43.7×
Promoter holding
38.12%+0.00% QoQ
FII holding
21.71%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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