Chalet Hotels Limited reported impressive results for Q2 FY26, with total revenue reaching INR 7.4 billion, a substantial increase of 94% compared to the previous year. EBITDA also saw significant growth, rising by 98% to INR 3.1 billion. The company launched ATHIVA Hotels & Resorts, its premium hospitality brand, and declared its maiden interim dividend.
Financial Performance Highlights
Chalet Hotels Limited announced robust financial results for the second quarter of fiscal year 2026 (Q2 FY26). Key highlights include:
- Total Revenue: Reached INR 7.4 billion, up 94% year-over-year.
- EBITDA: Increased to INR 3.1 billion, a 98% rise compared to Q2 FY25.
- Margin: 41.4%
- Profit Before Tax (PBT): Stood at INR 2.049 billion, reflecting a substantial surge of 158%.
- Profit After Tax (PAT): Recorded at INR 1.548 billion.
- EPS (INR): 7.08
Segmental Performance
Hospitality
The hospitality segment demonstrated the following:
- Occupancy: 67%
- Average Room Rate (INR): 12,170
- RevPAR (INR): 8,115
- Revenue: INR 3.802 billion, a 13% increase.
- EBITDA: INR 1.521 billion, a 10% increase.
- Margin: 40.0%
Rental & Annuity
The Rental & Annuity segment reported the following:
- Revenue: INR 738 million, a 76% increase.
- EBITDA: INR 607 million, an impressive surge of 88%.
- Margin: 82.3%
Residential Project
- Revenue: INR 2.821 billion
- EBITDA: INR 1.073 billion
- Margin: 38.0%
Key Developments
- The company launched ATHIVA Hotels & Resorts, a new premium hospitality brand.
- The Board declared its maiden interim dividend of ₹1 per equity share.
- Chalet Hotels achieved the Climate Group’s EV100 Target.
Ongoing Projects
Several projects are progressing well:
- The Taj at Delhi Airport: Construction is on track for completion in H1 FY27.
- Varca Beachfront Resort, Goa: Development is proceeding as scheduled for delivery in FY28.
- Cignus II, Powai: Construction is advancing for completion in FY27.
Source: BSE