Indian Hotels Company Ltd

The Indian Hotels Company Limited (IHCL) announced that its board has approved a scheme of arrangement to amalgamate Oriental Hotels Limited (OHL) into IHCL, according to a regulatory filing. OHL, an associate company of IHCL where the latter holds 37.05% equity, will be merged with IHCL, subject to approvals from the National Company Law Tribunal (NCLT), shareholders, and creditors, as well as regulatory approvals. Under the proposed share exchange ratio, 25 equity shares will be allotted for every 117 shares held in OHL.

Revenue from operations rose 14.60% YoY to Rs 2,339.19 crore in Q1 FY27. Profit before tax increased 21.31% to Rs 533.33 crore in Q1 FY27 from Rs 439.62 crore in the corresponding quarter last year. EBITDA stood at Rs 753 crore in Q1 FY27, registering a growth of 18% compared with Rs 637 crore in Q1 FY26. EBITDA margin improved marginally to 31.1% in Q1 FY27 from 30.3% in Q1 FY26. IHCL continued its strong expansion momentum in the first quarter of FY2027 by signing 20 new hotels, taking its total portfolio to 645 hotels, with an industry-leading pipeline of 263 hotels. Of these, 17 signings were under the Gateway, Ginger, and Tree of Life brands across new and emerging destinations such as Bharatpur, Trichy, Sindhudurg, Jawai, Wayanad, Mumbai, Goa, Agra, and Kolkata. During the quarter, Taj achieved the milestone of a 150-hotel portfolio with three new signings in Dharamshala, Barapani (Meghalaya), and Kusur Valley (Maharashtra). IHCL also opened 11 hotels, taking its operational portfolio to over 380 hotels, including Taj properties in Frankfurt and Greater Kruger, South Africa, as well as SeleQtions hotels in Ayodhya and Mumbai, among others. Puneet Chhatwal, Managing Director & CEO, IHCL, said, 'Q1 FY2027 marks the seventeenth consecutive best ever quarter with a Consolidated revenue of Rs 2,419 crores, a 15% growth over the previous year. For the quarter EBITDA stood at Rs 753 crores with EBITDA margin at 31.1%, an expansion of 80 basis points. This consistent performance is reflective of IHCL's diversified brands and businesses offsetting the impact of macro headwinds. The key revenue drivers were 14% RevPAR growth in domestic like for like hotels, 22% increase in revenue of Growth Businesses, 26% growth in management fee income and the strong performance of our recent acquisitions. IHCL clocked 20 signings taking the portfolio to 645 hotels with a pipeline of 263 and opened 11 hotels including a Taj in Frankfurt and Kruger National Park, South Africa. We migrated 15 hotels from the ANK Hotels and Pride Hospitality portfolio to IHCL's brandscape and will continue this momentum in the coming quarters.' He added, 'Taj is once again India's Strongest Brand across sectors on Brand Finance 'India 100 2026' report, marking the fifth consecutive year the brand has achieved this distinction. Driven by the strength of our diversified brandscape, performance of the new acquisitions, not like for like growth momentum and robust domestic demand across business and leisure segments, we maintain our guidance of double-digit revenue growth for the fiscal year.' Ankur Dalwani, Executive Vice President and Chief Financial Officer, IHCL said, 'In Q1 FY2027, IHCL Standalone reported a revenue of Rs 1,298 crores, driven by a RevPAR growth of 14%, clocking a strong EBITDA margin of 41.8%, an expansion of 380 basis points and a PAT of Rs 337 crores. A key facet of this performance is the contribution of the renovated assets in key markets of Goa, Delhi and Bengaluru.' He added, 'Maintaining a strong balance sheet, IHCL Consolidated reported a gross cash of INR 4,439 crores as on June 30th, 2026.' Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. The counter declined 1.17% to Rs 724 on the BSE. Powered by Capital Market - Live

Net profit of Indian Hotels Co rose 20.76% to Rs 357.90 crore in the quarter ended June 2026 as against Rs 296.37 crore during the previous quarter ended June 2025. Sales rose 14.61% to Rs 2339.19 crore in the quarter ended June 2026 as against Rs 2041.08 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales2339.192041.08 15 OPM %28.7628.22 - PBDT695.91582.57 19 PBT533.33439.82 21 NP357.90296.37 21 Powered by Capital Market - Live

Indian Hotels Company will hold a meeting of the Board of Directors of the Company on 21 July 2026.

Indian Hotels Company announced that the 125th Annual General Meeting(AGM) of the company will be held on 30 June 2026.

Indian Hotels Co has fixed 23 June 2026 as record date for determining entitlement of Members to receive the dividend financial year 2025-26. The dividend, if approved, shall be paid on and from 03 July 2026.

Revenue from operations rose 14.02% YoY to Rs 2,765.29 crore in the quarter ended 31 March 2026. Profit before tax increased 15.26% to Rs 829.87 crore in Q4 FY26 from Rs 719.96 crore in the corresponding quarter last year. EBITDA stood at Rs 1,052 crore in Q4 FY26, registering a growth of 15% compared with Rs 918 crore in Q4 FY25. EBITDA margin improved marginally to 37.0% in Q4 FY26 from 36.9% in Q4 FY25. Puneet Chhatwal, managing director & CEO, IHCL, said, 'IHCL, led by its multi-brand presence across segments coupled with a balanced growth strategy focused on capital light with select investments, has delivered consistent performance over sixteen quarters. This diversification strategy by brand, by nature of contract and by geography has driven operating leverage, grown high-margin fee-based businesses and built resilience, delivering a double-digit CAGR (FY23 ' FY26) across all metrics of IHCL consolidated ' revenue 19%, EBITDA 21% and PAT 28%.' This fiscal year we added three new brands, taking the count of our major brands to fourteen and marking a record of 250 signings, reaching a portfolio of 630 hotels with an industry-leading pipeline of 255 hotels. We opened/on-boarded 130+ hotels through inorganic and sustained organic growth, expanding IHCL's brandscape in the luxury and experiential leisure segments and scaling its footprint in the mid-scale segment. IHCL Consolidated continues to maintain a healthy balance sheet with a gross cash balance of INR 4,345 crore as on 31st March 2026. The company has proposed a dividend at 25% of consolidated PAT before exceptional items, including special dividend to commemorate IHCL's 125th AGM. FY26 was a year of building a Resilient, Scalable and future-ready hospitality ecosystem. Ankur Dalwani, Executive Vice President and Chief Financial Officer, IHCL, said, 'For FY2026, IHCL Standalone reported a revenue of Rs 5,640 crore, driven by RevPAR growth of 12% in Q4, clocking a strong EBITDA margin of 45.1%, an expansion of 120 basis points and a PAT of Rs 2,012 crore. IHCL Consolidated clocked a double-digit revenue growth this fiscal, reflective of a broad-based performance ' led by RevPAR growth of 9% from same-store hotels, 16% in airline and institutional catering, 25% in new businesses and 22% in management fees. He added, 'In FY2026, we invested over Rs 1,000 crores across greenfield projects like Vivanta and Ginger at Ekta Nagar, 100 keys expansion at Taj Ganges, Varanasi, renovation of key assets like Taj Palace, New Delhi, St James Court, A Taj Hotel, London and The Taj Mahal Palace & Tower, Mumbai as well as in digital initiatives. The year also saw the completion of majority stake acquisitions in ANK & Pride Hospitality, Atmantan and Brij Hospitality, all significant revenue levers for the future. The company maintained a healthy pre-tax ROCE of 17% despite investments for acquisitions & capital expenditure. Additionally, IHCL's credit rating was upgraded in the current fiscal to AAA+ by ICRA.' Meanwhile, the company's board has recommended a dividend of Rs 3.25 per equity share of face value Re 1 each, representing 325%, for FY26. This compares with a dividend of Rs 2.25 per equity share, or 225%, declared in the previous year. The proposed dividend is subject to shareholders' approval at the forthcoming Annual General Meeting (AGM). If approved, the dividend will be paid within five days from the conclusion of the AGM, subject to applicable tax deductions at source. Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. The counter declined 2.10% to Rs 647.10 on the BSE. Powered by Capital Market - Live

Indian Hotels Company announced that the Board of Directors of the Company at its meeting held on 11 May 2026, inter alia, have recommended the final dividend of Rs 3.25 per equity Share (i.e. 325%) , subject to the approval of the shareholders.

Net profit of Indian Hotels Co rose 14.85% to Rs 599.86 crore in the quarter ended March 2026 as against Rs 522.30 crore during the previous quarter ended March 2025. Sales rose 14.03% to Rs 2765.29 crore in the quarter ended March 2026 as against Rs 2425.14 crore during the previous quarter ended March 2025. For the full year,net profit rose 9.27% to Rs 2084.38 crore in the year ended March 2026 as against Rs 1907.59 crore during the previous year ended March 2025. Sales rose 16.25% to Rs 9689.22 crore in the year ended March 2026 as against Rs 8334.54 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales2765.292425.14 14 9689.228334.54 16 OPM %35.1735.33 -32.9733.23 - PBDT997.24864.52 15 3255.512791.41 17 PBT829.87722.52 15 2650.352273.25 17 NP599.86522.30 15 2084.381907.59 9 Powered by Capital Market - Live

Indian Hotels Company has received upgrade in credit ratings for long term fund based facilities of Rs 15 crore at ICRA AAA; Stable. Powered by Capital Market - Live