Viceroy Hotels Ltd
Viceroy Hotels Ltd Q4 FY26 Results & Concall Highlights: Revenue, Margins & Order Book
Q4 FY26 earnings call: what management guided on revenue, margins and order book.
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.
- Marriott Executive Apartments segment will contribute higher EBITDA margins and revenue growth, supported by limited competition in extended stay segment.
- Growth supported by strong demand outlook in Hyderabad despite increased hotel supply planned by 2032.
Profitability & Margins
See what Viceroy Hotels Ltd said on profitability & margins — free account, 30 seconds.
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.
- Expansion and renovation of Marriott Hyderabad Convention Center to double EBITDA contribution; renovation expected to complete by end-2026 with investment recoup planned within 1.5 years.
- Exploring selective distressed assets in NCLT for acquisitions after detailed risk-return analysis.
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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 Viceroy Hotels Ltd said on fundraising & capital structure — free account, 30 seconds.
Order Book & Pipeline
Viceroy Hotels Ltd — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: 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 Ltd'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 concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.