India · Delayed Price · Currency is INR The Indian Hotels Company Earnings Call Transcripts
Fiscal Year 2026
-
Record FY 2026 results with 16% revenue growth and strong margins, driven by a diversified, capital-light portfolio and robust domestic demand. Outlook for FY 2027 remains positive, targeting double-digit growth, 60+ hotel openings, and continued margin strength.
-
Q3 saw record revenue and profit growth, with strong margins and robust performance across segments. Strategic acquisitions, a capital-light model, and a healthy pipeline support double-digit growth guidance for FY26 and FY27.
-
Q2 saw 12% revenue and 16% EBITDA growth year-on-year, with strong margin expansion and robust cash reserves. Renovations and new hotel openings support future growth, while management remains confident in double-digit revenue growth for the year.
-
Record revenue and profit growth continued for the 13th straight quarter, with strong domestic and international RevPAR, robust new business expansion, and a healthy balance sheet. Double-digit revenue growth and margin sustainability are expected, supported by disciplined capital allocation and digital investments.
Fiscal Year 2025
-
The acquisition of Clarks hotels adds 135 properties to the Ginger brand, accelerating mid-scale market leadership and supporting the Xcelerate 2030 strategy. The INR 204 crore investment is expected to deliver significant synergies, with projected EBITDA of INR 60 crore by FY 2030 and further upside from revenue share conversions.
-
Record revenue and margin expansion were achieved, driven by strong domestic demand, strategic growth, and capital-light expansion. New businesses and international operations delivered robust growth, while a healthy pipeline and strong liquidity support continued double-digit growth guidance.
-
Record quarterly EBITDA and PAT achieved, with 29% revenue growth and margin expansion. New businesses and international operations delivered strong results, while a robust pipeline and capital-light strategy support future growth. Q4 outlook remains positive, with demand outpacing supply.
-
Record Q2 performance with 28% revenue growth, strong margin expansion, and robust PAT, driven by double-digit growth across all brands and new businesses. Confident outlook for double-digit revenue growth in FY25, supported by a strong pipeline and favorable industry dynamics.
-
Q1 saw record performance with 7% enterprise revenue growth and 8% EBITDA growth year-on-year, despite temporary headwinds. Double-digit revenue growth is expected for FY 2025, with robust expansion in new businesses and a strong pipeline of hotel openings.
Fiscal Year 2024
-
Aiming to double its hotel portfolio to 700 and revenues by 2030, the group is leveraging a capital-light strategy, expanding new brands, and focusing on operational excellence and ESG. Major projects and new business verticals will drive growth, while maintaining a net cash position and targeting higher ROCE.