Brands
Company
Investors
Development
Memberships
Sustainability
Careers
Pressroom
Contact us
PRESSROOM
IHCL Announces Financial Results For Q4 And Full Year FY 2025-26
- MARKS SIXTEENTH CONSECUTIVE RECORD QUARTER
- REVENUE AT INR 9,971 CRORES, UP 16% YoY
- EBITDA AT INR 3,477 CRORES; PAT AT INR 2,084 CRORES
- PROPOSES DIVIDEND AT 25% OF CONSOLIDATED PAT (BEI)
The Indian Hotels Company Limited (IHCL), India’s largest hospitality company, reported its consolidated financials for fourth quarter and full year ending March 31st, 2026.
May 12, 2026|||
3 min
|
Mr. Puneet Chhatwal, Managing Director & CEO, IHCL, said, “Q4 FY2026 marks sixteenth consecutive quarter of record performance with a Consolidated revenue of INR 2,845 crores, a 14% growth over the previous year, EBITDA of INR 1,052 crores and an EBITDA margin of 37%, notwithstanding the impact of West Asia conflict. For FY2026, the company delivered on its guidance of double-digit revenue growth despite macro-headwinds with revenue of INR 9,971 crores, a growth of 16% leading to an all-time high EBITDA of INR 3,477 crores, EBITDA margin of 34.9% resulting in the best ever PAT of INR 2,084 crores.”
“IHCL, led by its multi-brand presence across segments coupled with a balanced growth strategy focused on capital light with select investments has delivered consistent performance over sixteen quarters. This diversification strategy by brand, by nature of contract and by geography has driven operating leverage, grown high margin fee-based businesses and built resilience, delivering a double digit CAGR (FY23 – FY26) across all metrics of IHCL Consolidated - Revenue 19%, EBITDA 21% and PAT 28%.”
“This fiscal year we added three new brands taking the count of our major brands to fourteen and marking a record of 250 signings reaching a portfolio of 630 hotels with an industry leading pipeline of 255 hotels. We opened/on-boarded 130+ hotels through inorganic and sustained organic growth, expanding IHCL’s brandscape in the luxury and experiential leisure segments and scaling its footprint in the mid-scale segment. IHCL Consolidated continues to maintain a healthy balance sheet with a gross cash balance of INR 4,345 crores as on 31st March 2026. The company has proposed a dividend at 25% of Consolidated PAT before exceptional items including special dividend to commemorate IHCL’s 125th AGM. FY26 was a year of building a Resilient, Scalable and Future Ready Hospitality Ecosystem”
May 12, 2026|||
3 min
|
Mr. Ankur Dalwani, Executive Vice President and Chief Financial Officer, IHCL said, “For FY2026, IHCL Standalone reported a revenue of INR 5,640 crores, driven by RevPAR growth of 12% in Q4, clocking a strong EBITDA margin of 45.1%, an expansion of 120 basis points and a PAT of INR 2,012 crores. IHCL Consolidated clocked a double-digit revenue growth this fiscal reflective of a broad-based performance - led by RevPAR growth of 9% from same store hotels, 16% in airline and institutional catering, 25% in New Businesses and 22% in management fee.
He added, “In FY2026, we invested over INR 1,000 crores across greenfield projects like Vivanta and Ginger at Ekta Nagar, 100 keys expansion at Taj Ganges, Varanasi, renovation of key assets like Taj Palace, New Delhi, St. James Court, A Taj Hotel, London and The Taj Mahal Palace & Tower, Mumbai as well as in digital initiatives. The year also saw the completion of majority stake acquisition in ANK & Pride Hospitality, Atmantan and Brij Hospitality, all significant revenue levers for the future. The Company maintained a healthy pre-tax ROCE of 17% despite investments for acquisitions & capital expenditure. Additionally, IHCL’s credit rating was upgraded in the current fiscal to AAA+ by ICRA.”
About The Indian Hotels Company Limited
The Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj – the iconic brand for the most discerning travellers and ranked as World’s Strongest Hotel Brand 2025 and India’s Strongest Brand 2025 as per Brand Finance; Claridges Collection, a curated set of boutique luxury hotels merging elegance with historical charm; Brij, an experiential leisure offering; Atmantan, one of India’s leading integrated wellness destinations; SeleQtions, a named collection of hotels; Gateway, full-service hotels designed to be your gateway to exceptional destinations; Vivanta, sophisticated upscale hotels; Tree of Life, private escapes in tranquil settings and Ginger, which is revolutionising the lean luxe segment.
Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel – The Taj Mahal Palace, in Bombay in 1903. IHCL has a portfolio of 630 hotels including 255 in the pipeline globally across 4 continents, 14 countries and over 250 locations. The Indian Hotels Company Limited (IHCL) is India’s largest hospitality company by market capitalization. It is listed on the BSE and NSE.
Please visit: IHCL; Taj; Claridges Collection; Brij Hotels; Atmantan; SeleQtions; Gateway;
Vivanta; Tree of Life; Ginger
For media queries, please contact: corpcomm@ihcltata.com
Development
Our Brands
© 2026 The Indian Hotels Company Limited. All Rights Reserved.