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Earnings Call

Viceroy Hotels Earnings Call: Key Takeaways

Viceroy Hotels delivered robust Q4 FY26 growth, driven by the strategic acquisition and consolidation of Marriott Executive Apartments, Hyderabad, alongside phased renovations of existing assets.

Highlights
Revenue growth35.3% YoY in Q4; 6.3% YoY for full year FY26.
MarginsEBITDA margin improved to 31.4% in Q4, up 183 bps YoY.
Demand visibilityStrong long-term outlook for Indian hospitality; seasonality favors Q3 and Q4.
Management confidenceHigh, citing resilient performance despite geopolitical headwinds and successful asset integration.

Growth

Q4 revenue grew 35.3% YoY to ₹49.5cr; EBITDA increased 43.7% to ₹15.6cr; FY26 revenue reached ₹149.7cr.

Outlook

Investments of ₹100cr+ in renovations; new Madhapur project targeted for FY29/30; expectation of double-digit revenue growth and dividend payouts from next year.

Risks

Geopolitical tensions impacted March travel sentiment; inflationary pressures on energy and operating costs; increased finance costs from debt-funded acquisitions.

Source

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

Read the document ↗

Viceroy Hotels Ltd: key numbers

Share price
₹125.36
Market cap
₹962.5 Cr
Revenue (annual)
₹143.2 Cr
Net profit (annual)
₹18.32 Cr
P/E (TTM)
42.2×Sector 43.7×
Promoter holding
74.03%-10.08% QoQ
FII holding
0.00%Current quarter

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

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