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Viceroy Hotels Ltd

Q4 FY26Leisure Services

Viceroy Hotels Q4 FY26 earnings call: Revenue & Margins

Q4 FY26 earnings call: what management said on revenue, margins and capex.

Price₹120
Market cap₹843 Cr
P/E37.0
Updated23 Aug 2026
Read4 min read

The short version

Expect robust revenue growth driven by new convention center addition and renovation, leading to a twofold increase in EBITDA. Expect robust revenue growth driven by new convention center addition and renovation of old center, potentially doubling EBITDA.

From Viceroy Hotels Ltd's Q4 FY26 earnings-call transcript · updated 23 Aug 2026.

Revenue & Sales Performance

  • Expect robust revenue growth driven by new convention center addition and renovation, leading to a twofold increase in EBITDA.
  • Integration of three properties to improve gross operating profits (GOP) and overall profitability.
  • New property development like Courtyard at Madhapur focused on rooms with higher profitability.
  • Ongoing backend service upgrades aimed at enhancing cost efficiencies.
  • Anticipate 25%-30% growth in Average Daily Rate (ADR) due to combination of organic growth (5%-7% annually) and refurbishment (20%-22% growth).
  • Target ADR increase from around ₹7,000 to ₹9,000-9,500 in the near term.
  • Room revenue expected to remain significant, with food & beverage (F&B) revenues and margins improving post-renovation.

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

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Profitability & Margins

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Capital Expenditure Plans

  • Ongoing phased renovation program with over INR 100 crore investment targeting three phases:
  • Phase one completed at Courtyard by Marriott Hyderabad, already enhancing product positioning and customer experience.
  • Phase two renovation at Marriott Hyderabad started in April 2026, expected completion in FY '27.
  • Phase three targeted for completion in FY '28.
  • Investment in HVAC equipment to reduce heating, lighting, and power (HLP) costs.
  • Outsourcing laundry services leading to 35%-40% cost savings.
  • Acquisition of Marriott Executive Apartments for approx. INR 215 crore completed in early 2026.
  • Development of new property "Courtyard at Madhapur," a room-focused hotel near Hyderabad IT corridor, expected to open around FY '29 or FY '30.

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

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Top-ranked in Leisure Services

Ranked on what management guided this quarter

Guidance-ranked
1Landmark Global
Rev 2Mar 1
2Jubilant Foodworks Ltd
Rev 2Mar 3
3
Rev 2Mar 3
4
Rev 2Mar 3
5
Rev 2Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

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Order Book & Pipeline

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Viceroy Hotels Ltd — Quarterly revenue & net profit

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

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹48 Cr, net profit ₹6 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

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What Viceroy Hotels's management said in earlier quarters

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Frequently Asked Questions

What were Viceroy Hotels Ltd Q4 FY26 results?

Expect robust revenue growth driven by new convention center addition and renovation, leading to a twofold increase in EBITDA. Expect robust revenue growth driven by new convention center addition and renovation of old center, potentially doubling EBITDA.

What is Viceroy Hotels Ltd share price analysis?

Viceroy Hotels Ltd currently shows a neutral. The stock trades at a P/E of 37.0 with a market cap of ₹843 Cr. Investors should review the full earnings analysis for detailed insights.

Is Viceroy Hotels Ltd planning capital expenditure?

Ongoing phased renovation program with over INR 100 crore investment targeting three phases: - Phase one completed at Courtyard by Marriott Hyderabad, already enhancing product positioning and customer experience. - Phase two renovation at Marriott Hyderabad started in April 2026, expected completion in FY '27. - Phase three targeted for completion in FY '28. - Investment in HVAC equipment to reduce heating, lighting, and power (HLP) costs. - Outsourcing laundry services leading to 35%-40% cost savings. - Acquisition of Marriott Executive Apartments for approx.

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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.