The Indian Hotels Company Limited (IHCL) has announced its financial results for the quarter and financial year ended March 31, 2026. The company achieved a consolidated revenue of ₹9,971 crore for the year, representing 16% growth. IHCL also reported a record-breaking performance, marking its fourth consecutive year of best-ever financial results, with a consolidated EBITDA margin of 35%, underscoring its resilient, scalable, and future-ready hospitality ecosystem.
Record Financial Performance
IHCL has delivered a stellar performance for FY26, crossing a consolidated revenue milestone of ₹9,971 crore. The company’s consistent growth trajectory is further highlighted by a 23% CAGR in PAT (BEI) over the period of FY23-26. For the final quarter of the fiscal year (Jan-Mar 2026), the company recorded a consolidated revenue of ₹2,845 crore, a 14% increase year-over-year.
Strategic Expansion and Portfolio Growth
IHCL continues to strengthen its hospitality network, which now comprises 1,000+ portfolio units. During FY26, the company signed 250 new hotels and opened 132 properties. The current pipeline remains robust with 255 hotels and over 31,000 keys. This expansion is supported by a capital-light strategy, with 93% of the current pipeline falling under this model, ensuring efficient asset management and sustained growth.
Operational Highlights and Future Outlook
The company has maintained strong operational efficiencies, achieving an EBITDA margin of 35% despite significant investments in new brands and growth initiatives. IHCL’s digital and loyalty transformation has also been effective, with the Tata Neu App revenue growing by 48% and loyalty program membership reaching 16 million members. Looking ahead to FY27, IHCL remains confident in its ability to deliver double-digit revenue growth, driven by strong domestic demand, a pipeline of over 60 expected hotel openings, and the ongoing integration of new brands.
Robust Balance Sheet
IHCL maintains a healthy financial position with gross liquidity of ₹4,300+ crore. The company’s strong financial profile has led to an ‘AAA’ (Stable) credit rating from ICRA. Reflecting this robust performance, the Board has proposed a dividend of ₹3.25 per equity share, marking a 44% increase over the previous year.
Source: BSE
