Chalet Hotels Limited has announced its financial results for the fourth quarter and full year ending 31 March 2026, showcasing a robust performance. The company reported a consolidated revenue of ₹25 billion for FY26, marking a significant milestone. The earnings before interest, taxes, depreciation, and amortisation (EBITDA) crossed ₹10 billion, highlighting strong operational efficiency.
In FY26, Chalet Hotels achieved a consolidated revenue (excluding residential) of ₹20.7 billion, reflecting an 18% year-on-year growth. The average room rate (ARR) increased by 13% year-on-year to ₹13,727, while revenue per available room (RevPAR) rose by 5% year-on-year to ₹9,226. The consolidated EBITDA (excluding residential) stood at ₹9.6 billion, up by 21%, with a margin of 46.2%. The company also reported a consolidated profit after tax (PAT) of ₹6.5 billion.
For the fourth quarter of FY26, Chalet Hotels reported a total income (excluding residential) of ₹5.7 billion, a 6% increase compared to the same period in the previous year. The consolidated EBITDA (excluding residential) for Q4 FY26 was ₹2.8 billion, up 6% from Q4 FY25, with an EBITDA margin of 49.1%, an increase of 15 basis points compared to Q4 FY25. The consolidated PAT for Q4 FY26 was ₹1.6 billion.
The hospitality segment reported revenue of ₹4.7 billion for Q4 FY26, a 3% increase from Q4 FY25. The ARR for this segment was ₹15,456, up by 8% over Q4 FY25, while occupancy fell to 68%, a decrease of 7.7 percentage points from Q4 FY25. The RevPAR decreased by 3% year-on-year to ₹10,544. The segment’s EBITDA stood at ₹2.2 billion, with margins of 47.4%.
In the commercial real estate (rental/annuity) segment, revenue reached ₹847 million, up by 37% from Q4 FY25. The EBITDA for this segment was ₹708 million, an increase of 42% over Q4 FY25, with margins of 83.6%.
Chalet Hotels continues to expand its portfolio, with its total room inventory surpassing 5,000 keys, including seven projects in the pipeline. The company also reported progress in its development pipeline, with significant projects underway in Mumbai, Delhi, Hyderabad, and Udaipur.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).