The Indian Hotels Company Limited (IHCL) has achieved its sixteenth consecutive quarter of record performance, closing the FY 2025-26 with a consolidated revenue of INR 9,971 crore, marking a 16% year-on-year growth. Driven by strong RevPAR gains and expansion across its brand portfolio, the company reported an all-time high EBITDA of INR 3,477 crore and a PAT of INR 2,084 crore, reflecting a resilient and scalable hospitality ecosystem.
Financial Highlights of FY 2026
IHCL concluded the fiscal year 2025-26 with robust financial growth. The company reported a consolidated revenue of INR 9,971 crore, representing a 16% increase over the previous year. Profitability metrics also reached historic levels, with an EBITDA of INR 3,477 crore and an EBITDA margin of 34.9%. The bottom line was equally impressive, with a Profit After Tax (PAT) of INR 2,084 crore.
Quarterly Performance and Growth Drivers
For the final quarter (January-March 2026), IHCL achieved a consolidated revenue of INR 2,845 crore, a 14% growth compared to the same period last year, alongside an EBITDA margin of 37%. Performance was bolstered by a 9% RevPAR growth in consolidated same-store hotels and a 22% increase in management fee income. The company’s diverse revenue streams, including airline catering and new business segments, contributed significantly to these results.
Strategic Portfolio Expansion
The company aggressively scaled its footprint throughout the year, recording 250 new signings and ending with a total portfolio of 630 hotels. IHCL opened or onboarded over 130 hotels, bringing its total operating inventory to more than 33,000 rooms. Key strategic moves included the acquisition of majority stakes in Atmantan, Brij Hospitality, and ANK & Pride Hospitality. Additionally, the company invested over INR 1,000 crore in greenfield projects and the renovation of flagship properties, while maintaining a healthy gross cash balance of INR 4,345 crore as of March 31, 2026.
Operational Excellence and Recognition
IHCL’s commitment to excellence was recognized globally, with its flagship brand Taj once again ranked as the World’s Strongest Hotel Brand. The company’s credit rating was also upgraded to AAA+ by ICRA during the fiscal year, underscoring its financial stability. With 186 bungalows in the pipeline for amã Stays & Trails and the rapid scaling of Qmin and Tree of Life, IHCL continues to transition into a resilient and future-ready hospitality ecosystem.
Source: BSE
