Kamat Hotels (India) Ltd
Kamat Hotels (India) Q1 FY26 earnings call: Revenue & Margins
Q1 FY26 earnings call: what management said on revenue, margins and capex.
Guidance rank: #16 of 31 in Leisure Services
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The short version
Kamat Hotels targets revenue of INR 400 crores in FY '25-'26, with a 10% growth over FY '25 actuals. Management expects revenue to be around INR 400 crores in FY '26, considering conservative estimates due to recent sector challenges but is open to revising upwards. - With the addition of 7-8 new hotels (~600-650 rooms), room inventory is increasing ~35%, potentially driving higher revenues beyond current guidance. - ARR (Average Room Rate) is targeted to increase from INR 6,500 to INR 7,200, supporting margin expansion. - Occupancy is expected to improve from ~65% to approximately 68-70%. - EBITDA margins are aimed to remain stable around 29-30%, with efforts to possibly exceed these levels. - By FY '27, Vishal Kamat indicated hitting INR 500 crores in revenue is very doable if growth momentum continues. - New premium properties with higher ARR (e.g.
From Kamat Hotels (India) Ltd's Q1 FY26 earnings-call transcript · updated 23 Aug 2026.
Revenue & Sales Performance
- Kamat Hotels targets revenue of INR 400 crores in FY '25-'26, with a 10% growth over FY '25 actuals.
- The company plans to expand room inventory from approximately 1,850 to 2,500 operational rooms within the year, a ~35% increase.
- The ARR (Average Room Rate) target is to increase from INR 6,500 to INR 7,200, aiming for a blended ARR of around INR 7,500.
- Expansion includes opening around 30 hotels by March next year, adding 7-8 new hotels and 600-650 rooms.
- By FY '27, Kamat Hotels aspires to reach INR 500 crores in topline revenue, supported by new properties including large inventory hotels in premium markets.
2 more points from Kamat Hotels (India) Ltd's call on revenue
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Profitability & Margins
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Capital Expenditure Plans
- Renovation and construction ongoing for a new 156-room property at Puri, replacing the existing 33-room hotel; some rooms to remain operational during construction with a brief 3-month closure for integration work between towers (Page 14).
- Expansion plans include opening Orchid Rishikesh (two hotels totaling 98+ rooms), Orchid Nashik (April opening), Orchid Panchgani (September opening), Bhavnagar and Dwarka (September openings), and Orchid Gwalior and Dehradun targeted for December openings (Pages 3, 9, 10).
- Increasing banquet halls at Orchid Pune with new 7,000 and 5,000 sq ft halls and public area renovations funded from internal accruals (Page 5).
2 more points from Kamat Hotels (India) Ltd's call on capex
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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 Kamat Hotels (India) Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
- The company is targeting to have around 30 operational hotels by the end of the current financial year.
- Several new properties are planned to open soon, including:
- Orchid Rishikesh (54 and 44 rooms), expected to open by August or September 2025.
- Hotels in Bhavnagar and Dwarka scheduled for opening by September 2025.
- Orchid Panchgani set to open by September 2025.
- Orchid Nashik expected to open by April 2026.
- Orchid Dehradun and Orchid Gwalior targeted for opening by December 2025.
- The pipeline includes larger properties, such as a 156-room new hotel in Puri expected by 2027.
2 more points from Kamat Hotels (India) Ltd's call on order book
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Kamat Hotels (India) Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹110 Cr, net profit ₹17 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.
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What Kamat Hotels's management said in earlier quarters
Others in Leisure Services this season
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Standalone Revenue from Operations for Q1 FY26: ₹744 crore, up 14% YoY; Total Revenue: ₹783 crore, up 20% YoY (Page 36) . Key concall takeaways from ITC Hotels…
- EIH Assoc.Hotels (Q1 FY26)
Revenue from Operations for Q1 FY26: Rs 68.7 Crores, up from Rs 64.5 Crores in Q1 FY25 (year-on-year growth of ~6.5%). Key concall takeaways from EIH…
- Easy Trip Plann. (Q1 FY26)
Q1 FY26 Gross Booking Revenue (GBR): INR 2,065.8 crore, reflecting a 151.0% year-on-year increase in Dubai operations and strong growth overall (page 5, 7…
- Praveg (Q1 FY26)
Q1 FY26 consolidated total income: ₹39.86 Cr, up 61.50% from Q1 FY25 ₹24.68 Cr (Page 5, 6, 7). Key concall takeaways from Praveg Ltd's Q1 FY26 earnings call…
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Ranks describe management commentary on revenue and margin from the latest earnings call. Not investment advice.
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Frequently Asked Questions
What were Kamat Hotels (India) Ltd Q1 FY26 results?
Kamat Hotels targets revenue of INR 400 crores in FY '25-'26, with a 10% growth over FY '25 actuals. Management expects revenue to be around INR 400 crores in FY '26, considering conservative estimates due to recent sector challenges but is open to revising upwards. - With the addition of 7-8 new hotels (~600-650 rooms), room inventory is increasing ~35%, potentially driving higher revenues beyond current guidance. - ARR (Average Room Rate) is targeted to increase from INR 6,500 to INR 7,200, supporting margin expansion. - Occupancy is expected to improve from ~65% to approximately 68-70%. - EBITDA margins are aimed to remain stable around 29-30%, with efforts to possibly exceed these levels. - By FY '27, Vishal Kamat indicated hitting INR 500 crores in revenue is very doable if growth momentum continues. - New premium properties with higher ARR (e.g.
What is Kamat Hotels (India) Ltd share price analysis?
Kamat Hotels (India) Ltd currently shows a neutral. The stock trades at a P/E of 11.8 with a market cap of ₹506 Cr. Investors should review the full earnings analysis for detailed insights.
Is Kamat Hotels (India) Ltd planning capital expenditure?
Renovation and construction ongoing for a new 156-room property at Puri, replacing the existing 33-room hotel; some rooms to remain operational during construction with a brief 3-month closure for integration work between towers (Page 14).
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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.
