Indian Hotels Company Ltd

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

Profit before tax increased 44.29% year on year (YoY) to Rs 1,203.46 crore in the quarter ended December 2025. EBITDA stood at Rs 1,076 crore in December 2025 quarter, registering the growth of 12%, compared with Rs 962 crore in Q3 FY25. EBITDA margin declined to 37.9% in Q3 FY26 as against 38% in Q3 FY25. Indian Hotels Company's consolidated same-store hotels reported a 9% growth in RevPAR. Management fee income rose 15% to Rs 203 crore, driven by not-like-for-like growth. In Q3 FY26, IHCL signed 239 hotels across its brandscape, including strategic acquisitions and partnerships with Clarks Group, Madison, Rajdarbar Group, Ambuja Neotia, and Atmantan. The company opened and onboarded 120 hotels, taking its operating portfolio to 361 hotels with an inventory of over 32,000 rooms. Puneet Chhatwal, MD & CEO, IHCL, said, 'Q3 FY2026 marks fifteenth consecutive quarter of record performance with a Consolidated revenue of Rs 2,900 crores, a 12% growth over the previous year, EBITDA of 1,134 crores and an EBITDA margin of 39.1%. The revenue in the quarter was driven by a strong same store performance, not like for like growth, supported by a 17% growth in airline and institutional catering and 31% growth in New Businesses. The hotel segment reported a revenue of Rs 2,579 crores resulting in the best ever quarterly EBITDA of Rs 1,050 crores.' He added, 'IHCL continued its growth momentum in FY2026 with 239 signings to reach a portfolio of 617 hotels and opened and onboarded 120 hotels, led by strategic partnerships and acquisitions. Under Accelerate 2030, IHCL expanded its brandscape with the acquisition of controlling stake in Atmantan, an integrated wellness brand and entered into definitive agreements to acquire 51% stake in Brij, a boutique experiential leisure offering and scaled the Ginger brand with 51% acquisition in ANK & Pride Hospitality. IHCL Consolidated continues to maintain a healthy balance sheet with a gross cash balance of INR 3,877 crores as on 31st December 2025. IHCL is well placed to deliver sustained performance enabled by a diversified topline across brands, geographies and contract types.' Ankur Dalwani, executive vice president & chief financial officer (CFO), IHCL said, 'For Q3 FY2026, IHCL Standalone reported a revenue of Rs 1,654 crores, clocking a strong EBITDA margin of 48.2%, an expansion of 40 basis points and a PAT of Rs 921 crores post Exceptional Items.' He added, 'During the nine months ending December 2025, IHCL Consolidated generated cash of about INR 1,600 crores and undertook capital expenditure to the tune of INR 750 crores towards greenfield projects at Ekta Nagar, Taj Frankfurt, brownfield expansion at Taj Ganges Varanasi and the upcoming Taj Bandstand project along with renovations to key hotels such as Taj Palace Delhi, Taj Fort Aguada Goa, President Mumbai and St James Court London among others.' The Indian Hotels Company (IHCL) and its subsidiaries bring together a group o brands and businesses that offer a fusion of warm Indian hospitality and world-class service. Shares of Indian Hotels Company declined 2.87% to Rs 691.20 on the BSE. Powered by Capital Market - Live

Net profit of Indian Hotels Co rose 55.11% to Rs 903.23 crore in the quarter ended December 2025 as against Rs 582.32 crore during the previous quarter ended December 2024. Sales rose 12.20% to Rs 2841.96 crore in the quarter ended December 2025 as against Rs 2533.05 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales2841.962533.05 12 OPM %37.8537.97 - PBDT1078.27967.97 11 PBT927.95834.03 11 NP903.23582.32 55 Powered by Capital Market - Live

Indian Hotels Company will hold a meeting of the Board of Directors of the Company on 12 February 2026.Powered by Capital Market - Live

The brokerage said Indian Hotels Company has built a strong hospitality ecosystem by leveraging the Taj brand, delivering industry-leading return ratios and healthy free cash flow generation. However, it noted that while the current revenue per available room (RevPAR) cycle remains strong, the scope for further upside surprises appears limited. The brokerage expects domestic hotel RevPAR growth of around 9-10% in Q3 FY26, with EBITDA likely to rise about 10% year-on-year. It, however, reduced its earnings per share estimates for FY26-28 by 2-3%, citing slightly lower RevPAR assumptions and margin expectations. The brokerage added that the stock's FY27 enterprise value to EBITDA multiple of 27.5x fairly captures the risk-reward balance. Indian Hotels Company operates a diversified portfolio of hospitality brands spanning luxury, upscale and lean luxe segments, led by the Taj brand, along with Claridges Collection, SeleQtions, Tree of Life, Vivanta, Gateway and Ginger. Founded by Jamsetji Tata, IHCL opened its first property, The Taj Mahal Palace in Mumbai, in 1903. As of now, the company has a portfolio of 602 hotels worldwide, including 247 properties under development, with a presence across four continents, 14 countries and more than 250 locations. On a consolidated basis, Indian Hotels Co's net profit declined 48.62% to Rs 284.92 crore while net sales rose 11.76% to Rs 2040.89 crore in Q2 September 2025 over Q2 September 2024. Powered by Capital Market - Live