| Revenue growth | Q2 consolidated revenue +12% YoY; same-store +31%. |
|---|---|
| Margins | Q2 EBITDA margin 26% vs 13%; H1 28% vs 18%. |
| Demand visibility | Same-store RevPAR +20%; Orchid occupancy 61% vs 47%. |
Growth
Q2 revenue +12% to ₹861Mn; H1 +11% to ₹1,792Mn. Q2 EBITDA +131%; H1 EBITDA +67% to ₹495Mn.
Outlook
KHIL 3.0 (FY30): 31 properties, 3,000+ keys, ₹8,000+ ARR. 620+ keys in pipeline.
Risks
Ira by Orchid ARR -11% and RevPAR -24% in Q2. Depreciation +19%, tax +65% in Q2.
Last quarter's promises, checked
Delivered
- Occupancy growth to continue → Q2 occupancy +800bps YoY (= BEAT)
- High-teen RevPAR growth (Orchid 18%, Lotus 17%) → same-store RevPAR +20% (= BEAT)
Partly delivered
- Debt to net zero, then zero → gross debt ₹1,044Mn to ₹961Mn (= PARTIAL)
- 30% EBITDA margin in 2–3 yrs, margin stable/improving from 27% → Q2 26%, H1 28% (= PARTIAL)
- ~400 keys in 12–15 mths → KHIL 3.0 launches Dec-26/Mar-27; Mandvi absent from list (= PARTIAL)
Missed
- QoQ revenue growth expected → Q2 ₹861Mn vs Q1 ₹91cr (= MISS)
- Gwalior open by Diwali / end Oct–Nov 2026 → Dec 2026 (= MISS)
- Ira portfolio RevPAR +3% with ramp-up → Ira RevPAR -24% (= MISS)
Investor Presentation filed with BSE, NSE: KAMATHOTEL. Summary written with AI assistance from the document.
Kamat Hotels (India) Ltd: key numbers
- Share price
- ₹232.00
- Market cap
- ₹683.9 Cr
- Revenue (annual)
- ₹385.6 Cr
- Net profit (annual)
- ₹34.38 Cr
- P/E (TTM)
- 14.3×Sector 44.8×
- Promoter holding
- 57.78%+0.00% QoQ
- FII holding
- 0.01%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Kamat Hotels (India) Ltd
All →Kamat Hotels (India) Earnings Call Transcript: Key Takeaways
Q2 EBITDA more than doubled to ₹22 Cr on occupancy gains; ADR flat near 3%. Net debt cut to ₹31 Cr after ₹30 Cr repayment. H2 acceleration asserted, never quantified.
Kamat Hotels (India) Employee Stock Options
Kamat Hotels (India) Ltd has granted 1,78,000 Restricted Stock Units to eligible employees. These options are exercisable at Rs. 10 each under the company's ESOP Scheme 2026.
Kamat Hotels (India) Q2 FY27 Results: Turns Profitable, Net Profit ₹5.4 Cr
Kamat Hotels (India) Ltd reported revenue from operations of ₹83.7 Cr (+11.5% YoY) and net profit of ₹5.4 Cr for Q2 FY27.
- Key figure
- Net profit ₹5.4 Cr
Kamat Hotels (India) Board Meeting Date
Kamat Hotels' board is scheduled for 3 Nov 2026 to approve unaudited Q2/H1 FY27 results. No financial figures or other decisions are disclosed in this intimation.
Kamat Hotels (India) Other Announcement
Kamat Hotels (India) Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026, as required by SEBI regulations.
Kamat Hotels (India) Other Announcement
Kamat Hotels (India) Ltd has filed its quarterly compliance certificate under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended September 2026.