Arthneeti
Latest: Chalet Hotels Ltd Q1 FY27 results →All Q3 FY26 results →
CH

Chalet Hotels Ltd

Q3 FY26Leisure Services

Chalet Hotels Q3 FY26 earnings call: Revenue & Margins

Q3 FY26 earnings call: what management said on revenue, margins and capex.

Price₹862
Market cap₹18.4K Cr
P/E34.4
Updated23 Aug 2026
Read5 min read

The short version

Expect strong revenue and RevPAR growth for the coming year, with stabilization in Mumbai and additional inventory from Delhi contributing from FY '28 onwards (Page 14). Revenue growth expected to stay strong driven by stabilizing new inventory in Bangalore, Khandala, and upcoming Delhi hotel (operational by Q1 FY'28). - RevPAR growth anticipated to be in double digits or higher due to rate increases and occupancy stabilization, especially in Bangalore. - Margins expected to improve as new inventory stabilizes; business hotel margins to revert to previous high levels while resort margins remain lower. - EBITDA margin in hospitality segment remains resilient (46%), with one-offs like excise license and property tax not recurring. - Commercial Real Estate business provides stable cash flows, with occupancy and rentals increasing, supporting overall profitability. - Planned capex of approx.

From Chalet Hotels Ltd's Q3 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Expect strong revenue and RevPAR growth for the coming year, with stabilization in Mumbai and additional inventory from Delhi contributing from FY '28 onwards (Page 14).
  • Stabilization of new inventory in Bangalore and Khandala anticipated over next 2-3 quarters for Bangalore and over the coming year-plus for the resort (Page 15).
  • Revenue growth is currently outpacing RevPAR growth due to inventory additions; a convergence towards RevPAR-driven growth is expected in FY '27 as inventory stabilizes (Page 14).
  • Planned capex of around INR 25 billion over FY '27 to FY '29 aims to drive long-term sustainable growth, primarily funded through internal accruals (Page 7).
  • The expanding leisure segment targeted to reach around 20% of overall business, supporting growth (Page 9).

2 more points from Chalet Hotels Ltd's call on revenue

Create a free account to keep reading this call

Profitability & Margins

See what Chalet Hotels Ltd said on profitability & margins — free account, 30 seconds.

Capital Expenditure Plans

  • Planned capex of around INR 25 billion over FY '27 to FY '29 for Hospitality and Commercial Real Estate businesses, primarily funded through internal accruals (Page 7).
  • Capital work in progress and assets pending business commencement amounted to INR 7.2 billion at the end of the quarter (Page 7).
  • Ongoing projects include renovation at Four Points, Vashi (becoming an Athiva brand) and construction at Powai (CIGNUS II project) targeted for FY '27 launch (Pages 5, 16).
  • Hyatt Regency Airoli project has received environmental clearances; approximately 36 months construction timeline post approvals (Page 5).
  • Delhi Airport hotel delayed; partial launch targeted by Q4 FY '27 and staggered room openings thereafter, with up to 380 rooms planned (Page 6).

2 more points from Chalet Hotels Ltd's call on capex

Create a free account to keep reading this call

Top-ranked in Leisure Services

Ranked on what management guided this quarter

Guidance-ranked
1Landmark Global Learning Ltd
Rev 2Mar 1
2Jubilant Foodworks Ltd
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 2Mar 3
Sign up free to see 3 moreTakes 30 seconds · no cardSign up

Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Chalet Hotels Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

  • As of February 03, 2026, Chalet Hotels Limited has a capital work in progress and assets pending business commencement amounting to INR 7.2 billion.
  • Planned capital expenditure for FY '27 to FY '29 is around INR 25 billion covering Hospitality and Commercial Real Estate businesses.
  • The planned capex will primarily be funded through internal accruals.

2 more points from Chalet Hotels Ltd's call on order book

Create a free account to keep reading this call

Chalet Hotels Ltd — Quarterly revenue & net profit

Revenue Net profit
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹558 Cr, net profit ₹163 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

Continue your research

What Chalet Hotels Ltd's management said in earlier quarters

Others in Leisure Services this season

  • Sinclairs Hotels Ltd (Q3 FY26)

    1780.49 lakh, up 23.40% year-on-year. Key investor presentation takeaways from Sinclairs Hotels's Q3 FY26 investor presentation — and how it ranks against secto

  • ITC Hotels (Q3 FY26)

    Q3 FY26 Revenue from Operations (Standalone): ₹1,052 Cr, up 12% YoY (Page 45) . Key concall takeaways from ITC Hotels Ltd's Q3 FY26 earnings call — and how it…

  • EIH Associated Hotels Ltd (Q3 FY26)

    Q3 FY26 Revenue from Operations: Rs 129.5 crores, down from Rs 133.0 crores in Q3 FY25 (approx. Key concall takeaways from EIH Associated Hotels Ltd's Q3 FY26…

  • Easy Trip Planners Ltd (Q3 FY26)

    Q3 FY26 Revenue from Operations: INR 151.7 Cr (Page 5) . Key concall takeaways from Easy Trip Planners Ltd's Q3 FY26 earnings call — and how it ranks against…

Compare:vs Indian Hotels Co Ltdvs Indian Railway Catering & Tourism Corporation Ltdvs ITC Hotels

🔎 Who's planning the most growth?

Companies ranked by management's own guidance — revenue, margins, capex and order book, from every earnings call in India.

See rankings →

Arthneeti Pro · Annual

Chalet Hotels Ltd and 15K+ more earnings calls,
for less than your morning chai

a day

Every earnings call, ranking and concall Q&A across all four results seasons.

Secure Razorpay payment · instant access

Frequently Asked Questions

What were Chalet Hotels Ltd Q3 FY26 results?

Expect strong revenue and RevPAR growth for the coming year, with stabilization in Mumbai and additional inventory from Delhi contributing from FY '28 onwards (Page 14). Revenue growth expected to stay strong driven by stabilizing new inventory in Bangalore, Khandala, and upcoming Delhi hotel (operational by Q1 FY'28). - RevPAR growth anticipated to be in double digits or higher due to rate increases and occupancy stabilization, especially in Bangalore. - Margins expected to improve as new inventory stabilizes; business hotel margins to revert to previous high levels while resort margins remain lower. - EBITDA margin in hospitality segment remains resilient (46%), with one-offs like excise license and property tax not recurring. - Commercial Real Estate business provides stable cash flows, with occupancy and rentals increasing, supporting overall profitability. - Planned capex of approx.

What is Chalet Hotels Ltd share price analysis?

Chalet Hotels Ltd currently shows a neutral. The stock trades at a P/E of 34.4 with a market cap of ₹18,388 Cr. Investors should review the full earnings analysis for detailed insights.

Is Chalet Hotels Ltd planning capital expenditure?

Planned capex of around INR 25 billion over FY '27 to FY '29 for Hospitality and Commercial Real Estate businesses, primarily funded through internal accruals (Page 7).

Keep Chalet Hotels Ltd on your radar — track it to get its next earnings analysis in your feed.

This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.