ITC Hotels Ltd

ITC Hotels Ltd share price advanced by 5.25% to Rs 164.4 after the company's net profit improved by 11.40% to Rs 202.65 crore, while revenue from operations gained 12.80% to Rs 1047.72 crore in Q3FY26 over Q2FY26. The market capitalization of Hotels & Resorts industry group stocks on BSE stood at Rs 2.62 lakh crore, declining 5.82%. It has inched up 0.22% over last one week and moved up slightly by 0.98% in last one month while the market capitalization of ITC Hotels Ltd has marginally improved by 3.72% and 0.87% in the same period respectively. Profit before tax (PBT) of ITC Hotels Ltd stood at Rs 277.98 crore in Q3 FY26, surging by 47.32% year-on-year, and heading higher 12.00% quarter-on-quarter. EBITDA came in at Rs 286 crore, jumping 42.53% YoY and expanding by 22.13% sequentially. Total expenses increased by 10.85% to Rs 829.14 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 92.95 crore, growing marginally by 4.53% YoY, while employee benefits expense was at Rs 206.57 crore, inching up 5.25% YoY. For the TTM ended FY26, revenue from operations advanced 16.54% to Rs 4109.12 crore, while net profit soared by 28.80% to Rs 821.26 crore, compared to previous TTM. EBITDA jumped by 115774% to Rs 1231.84 crore, and PBT surged 27.03% to Rs 1122.98 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 1109.85 crore in FY26, as against Rs 803.45 crore in FY25. ITC Hotels Ltd plunged by 25.27% in last one year, underperforming the benchmark BSE Sensex which has slipped by 13.18% during the same period.

ITC Hotels Ltd share price softened by 3.34% to Rs 156.2. The Company's net profit registered a growth of 11.40% to Rs 202.65 crore, while revenue from operations increased 12.80% to Rs 1047.72 crore in Q3FY26 over Q2FY26. The market capitalization of Hotels & Resorts industry group stocks on BSE stood at Rs 2.61 lakh crore, slipping 6.03%. It has eased by 1.18% over last one week and moved up slightly by 0.18% in last one month while the market capitalization of ITC Hotels Ltd has slipped by 1.45% and 2.97% in the same period respectively. Profit before tax (PBT) of ITC Hotels Ltd stood at Rs 277.98 crore in Q3 FY26, expanding by 47.32% year-on-year, and rising by 12.00% quarter-on-quarter. EBITDA came in at Rs 286 crore, rallying 42.53% YoY and jumping 22.13% sequentially. Total expenses increased by 10.85% to Rs 829.14 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 92.95 crore, inching up 4.53% YoY, while employee benefits expense was at Rs 206.57 crore, easing 5.25% YoY. For the TTM ended FY26, revenue from operations rose 16.54% to Rs 4109.12 crore, while net profit jumped 28.80% to Rs 821.26 crore, compared to previous TTM. EBITDA jumped by 115774% to Rs 1231.84 crore, and PBT surged 27.03% to Rs 1122.98 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 1109.85 crore in FY26, as against Rs 803.45 crore in FY25. ITC Hotels Ltd tumbled by 29.24% in last one year, underperforming the benchmark BSE Sensex which has reduced by 13.52% during the same period.

Profit before tax stood at Rs 248.20 crore in Q1 FY27, up 31.46% from Rs 188.80 crore in Q1 FY26. Total expenses for the period under review aggregated to Rs 750 crore, up 11.11% year on year (YoY). On the segmental front, revenue from Hotels division was Rs 881.06 crore (up 10.05% YoY) and Other revenue was Rs 11.73 crore (up 16.60% YoY) in Q1 FY27. EBITDA increased to Rs 292 crore in the first quarter of FY27 from Rs 245 crore in the corresponding quarter of the previous financial year. EBITDA margin improved to 31% in Q1 FY27 from 30% in Q1 FY26. In a separate regulatory filing, ITC Hotels said it has entered into a definitive agreement to acquire a 100% stake in GHK Hospitality and Infrastructures Ltd (GHK), which owns Welcomhotel Ahmedabad. The transaction will be completed at an enterprise value of Rs 155 crore on a debt-free and cash-free basis, subject to customary adjustments as per the definitive agreement. The acquisition is expected to be completed during the current quarter. Welcomhotel Ahmedabad is a 130-room upper-upscale business hotel located in the city's commercial hub. The property includes 8,500 sq. ft. of banqueting space, a restaurant offering Indian and global cuisines, and a rooftop swimming pool. The hotel is currently operated by ITC Hotels under an Operating Services Agreement. The company said the acquisition will strengthen its owned asset portfolio in Ahmedabad by enhancing its presence across hospitality segments and price points. The deal is expected to improve capital efficiency and reduce time-to-market compared with a greenfield development. ITC Hotels added that the property will help it tap into Ahmedabad's growing demand from corporate travel, industrial corridors, MICE events and sports activities. The acquisition is expected to be EPS accretive in the first full year of operations post completion. The hotel is strategically located on Ahmedabad's prominent Ashram Road, overlooking the scenic Sabarmati Riverfront and offering convenient access to Ahmedabad International Airport and the Narendra Modi Stadium. Ahmedabad has emerged as a key metropolitan hub and is among India's top eight urban economies by GDP, supported by a strong corporate ecosystem and industrial corridors such as Dholera, GIFT City and Sanand. The acquisition follows ITC Hotels' recent purchase of The Zuri Kumarakom, Kerala Resort & Spa, a luxury resort located in a high-growth leisure destination. The company said these acquisitions reflect its strategy to strengthen its presence across key commercial and leisure markets in India, while reinforcing its position as a leading player in the country's growing hospitality sector. Speaking on the development, Anil Chadha, Managing Director, ITC Hotels, said, The acquisition of this Hotel will mark another milestone in pursuit of the Company's growth aspiration by adding another owned property in one of the fastest growing urban centres of India. Transitioning this established 130-room property from a managed contract to full ownership allows us to unlock greater value from the asset. Ahmedabad continues to be one of India's most dynamic commercial and industrial centres, supported by significant infrastructure investments, strong long term demand fundamentals, and a diversified demand base. The hotel's prime location, established brand positioning and consistent occupancy levels provides an attractive opportunity to enhance yields and cash flow generation over the long term.'  ITC Hotels is an Indian hospitality company that operates and manages hotels, with over 200 hotels. It has a franchise agreement to operate most of its hotels as part of The Luxury Collection of Marriott International. It operates hotels across 90+ destinations under brands like ITC Hotels, Mementos, Epiq Collection Storii, Welcomhotel, Fortune, and Welcome Heritage. Powered by Capital Market - Live

Net profit of ITC Hotels rose 35.42% to Rs 180.25 crore in the quarter ended June 2026 as against Rs 133.10 crore during the previous quarter ended June 2025. Sales rose 14.82% to Rs 928.80 crore in the quarter ended June 2026 as against Rs 808.93 crore during the previous quarter ended June 2025. ParticularsQuarter EndedJun. 2026Jun. 2025% Var. Sales928.80808.93 15 OPM %31.4730.25 - PBDT352.50291.24 21 PBT248.20188.80 31 NP180.25133.10 35 Powered by Capital Market - Live

ITC Hotels will hold a meeting of the Board of Directors of the Company on 16 July 2026.

ITC Hotels announced that the 3rd Annual General Meeting(AGM) of the company will be held on 6 August 2026.

ITC Hotels announced that the Board of Directors of the Company at its meeting held on 15 May 2026, inter alia, have recommended the final dividend of Rs 1 per equity Share (i.e. 100%) , subject to the approval of the shareholders.

ITC Hotels has today signed definitive agreements for acquisition of a luxury resort in Kumarakom, Kerala - The Zuri Kumarakom, Kerala Resort & Spa (Resort). The Company will acquire 100% stake in Zuri Hotels & Resorts (ZHRPL), which owns the Resort, at an Enterprise Value of Rs. 205 crore, on a debt-free and cash free basis, subject to customary adjustments as per the definitive agreements. The acquisition is expected to be consummated over the next few days and will enable ITC Hotels to expand its luxury portfolio in a strategic, high growth leisure destination - establishing the company's first owned resort in Kerala. The Resort is spread over 18 acres of lush landscaped greenery, along the serene banks of the Vembanad Lake, offering panoramic views and a private waterfront frontage. Located approximately 70 km from Cochin, it serves as an accessible luxury hub for both international and domestic travellers. The 72 keys Resort, includes 38 villas and cottages, which are designed around a sprawling 5-acre man-made lagoon that mirrors the tranquillity of Kerala's backwaters. The property provides a seamless blend of traditional architecture and contemporary luxury with multiple dining venues, event spaces and about 20,000 sq.ft. of spa and wellness facilities.

Net profit of ITC Hotels rose 22.96% to Rs 315.89 crore in the quarter ended March 2026 as against Rs 256.90 crore during the previous quarter ended March 2025. Sales rose 18.21% to Rs 1243.88 crore in the quarter ended March 2026 as against Rs 1052.24 crore during the previous quarter ended March 2025. For the full year,net profit rose 28.73% to Rs 816.89 crore in the year ended March 2026 as against Rs 634.57 crore during the previous year ended March 2025. Sales rose 16.54% to Rs 4109.12 crore in the year ended March 2026 as against Rs 3525.86 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales1243.881052.24 18 4109.123525.86 17 OPM %37.4939.18 -34.6534.34 - PBDT520.31453.32 15 1619.661286.41 26 PBT414.53353.52 17 1203.15884.06 36 NP315.89256.90 23 816.89634.57 29 Powered by Capital Market - Live

Profit before exceptional items and tax stood at Rs 414.53 crore in Q4 FY26, up 17.25% from Rs 353.52 crore in Q4 FY25. The company also reported an exceptional item of Rs 3.83 crore during the quarter. Total expenses for the period under review aggregated to Rs 895.35 crore, up 19.41% year on year (YoY). On the segmental front, revenue from Hotels division was Rs 1,103.95 crore (up 5.86% YoY) and Other revenue was Rs 13.28 crore (up 14.28% YoY) in the March'26 quarter. The company has recommended a final dividend of Re 1 per equity share of face value Re 1 each for the financial year ended March 31, 2026. If approved, the dividend will be paid between August 10'14, 2026. The record date for eligibility has been fixed as May 21, 2026. ITC Hotels is an Indian hospitality company that operates and manages hotels. It has over 100 hotels and is India's third largest hotel chain. It has a franchise agreement to operate most of its hotels as part of The Luxury Collection of Marriott International. It was a subsidiary of ITC Limited until its demerger in 2025. ITC Hotels Limited, formerly a subsidiary of ITC Limited, is a leading Indian hospitality company known for its luxury accommodations and commitment to sustainable practices, operating over 140 hotels across 90+ destinations under brands like ITC Hotels, Mementos, Storii, Welcomhotel, Fortune, and WelcomHeritage. Shares of ITC Hotels ended flat at Rs 155.30 on the BSE, unchanged at 0.00%. Powered by Capital Market - Live