Indian Hotels Co
Indian Hotels Co Q4 FY26 earnings call: Revenue & Margins
Q4 FY26 earnings call: what management guided on revenue, margins and order book.
The short version
IHCL expects double-digit overall revenue growth of 12% to 14% in FY '27. IHCL remains optimistic about future growth, expecting double-digit revenue growth of 12%-14% in FY '27, supported by strong domestic demand and new hotel openings.
From Indian Hotels Co's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- IHCL expects double-digit overall revenue growth of 12% to 14% in FY '27.
- New businesses (60 hotel openings) and not-like-for-like growth are expected to contribute 4% to 5% of this growth.
- Like-for-like growth of around 7% to 8% is anticipated, driven primarily by rate (ARR) increases rather than occupancy growth.
- RevPAR growth guidance for FY '27 is 7% to 8%, factoring in inflation and the ability to pass on costs despite geopolitical uncertainties.
- Domestic market demand is expected to outpace international demand, supporting revenue growth.
- Roots and Ginger segment grew to INR709 crores with a strong, high EBITDA margin.
2 more points management made on revenue & sales performance
Profitability & Margins
See what Indian Hotels Co said on profitability & margins — free account, 30 seconds.
Capital Expenditure Plans
- IHCL spent over INR1,000 crores in FY '25-'26 towards capex:
- Approximately INR650 crores on renovations, routine maintenance, and digital initiatives.
- The remaining on greenfield projects.
- Over the last 3 years, invested over INR2,500 crores in capital expenditure to strengthen iconic assets and strategic capabilities.
- Plans to continue investing INR1,000 crores to INR1,200 crores annually to maintain and build competitive advantages.
- Deployed over INR500 crores across four strategic acquisitions to expand into high-growth adjacencies and enhance future revenue streams.
2 more points management made on capital expenditure plans
Top-ranked in Leisure Services
Ranked on what management guided this quarter
Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.
Fundraising & Capital Structure
See what Indian Hotels Co said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- The Indian Hotels Company Limited has a strong pipeline with over 31,000 keys under development, continuing to be largely capital-light.
- For FY '27, the company expects to open 60+ new hotels across brands and geographies.
- The Ginger brand aims to have a portfolio of 250 hotels under development or in operation by end of FY '27.
- Partnerships and platform agreements are in progress that could add approximately 300-400 keys, supplementing organic growth.
2 more points management made on order book & pipeline
Indian Hotels Co — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹2.8K Cr, net profit ₹645 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Indian Hotels Co Ltd's management said in earlier quarters
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Frequently Asked Questions
What were Indian Hotels Co Q4 FY26 results?
IHCL expects double-digit overall revenue growth of 12% to 14% in FY '27. IHCL remains optimistic about future growth, expecting double-digit revenue growth of 12%-14% in FY '27, supported by strong domestic demand and new hotel openings.
What is Indian Hotels Co share price analysis?
Indian Hotels Co currently shows a neutral. The stock trades at a P/E of 52.7 with a market cap of ₹102,487 Cr. Investors should review the full earnings analysis for detailed insights.
Is Indian Hotels Co planning capital expenditure?
IHCL spent over INR1,000 crores in FY '25-'26 towards capex: - Approximately INR650 crores on renovations, routine maintenance, and digital initiatives.
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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.