IHCL Reports Q4 and FY2025-26 Financial Results Amid Continued Portfolio Expansion

IHCL Financial Results Reflect Growth Across Hotels, Catering and New Businesses

The Indian Hotels Company Limited (IHCL) has announced its consolidated financial results for the fourth quarter and the full year ended 31 March 2026, reporting growth across its hospitality, catering, and new business segments.

The company reported consolidated revenue of INR 2,845 crore for Q4 FY2025-26, up 14 per cent year-on-year. EBITDA stood at INR 1,052 crore with an EBITDA margin of 37 per cent. For the full financial year, IHCL recorded revenue of INR 9,971 crore, up 16 per cent year-on-year.

According to IHCL, the company reported EBITDA of INR 3,477 crore for FY2025-26, while profit after tax reached INR 2,084 crore. The company said its multi-brand strategy and balanced expansion model contributed to performance across different hospitality segments and markets.

Puneet Chhatwal, Managing Director and CEO of IHCL, said the company continued to focus on growth through a mix of capital-light expansion and selective investments. He added that IHCL expanded its portfolio with new brands and increased signings during the financial year.

During FY2025-26, the company signed 250 hotels and expanded its portfolio to 630 hotels, including a pipeline of 255 properties. The company also opened or onboarded more than 130 hotels during the year, increasing its operating portfolio to 373 hotels with over 33,000 rooms.

IHCL stated that its airline and institutional catering business, TajSATS, recorded revenue growth of 16 per cent, while new businesses, including Ginger, Qmin, amã Stays & Trails and Tree of Life, continued to expand during the year.

The company also invested in hotel expansions, renovations and digital initiatives during FY2025-26. These included projects at Taj Palace New Delhi, The Taj Mahal Palace & Tower Mumbai and St. James’ Court, A Taj Hotel, London.

The company said it maintained a gross cash balance of INR 4,345 crore as of 31 March 2026 and proposed a dividend at 25 per cent of consolidated profit before exceptional items, including a special dividend linked to the company’s 125th AGM.

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