Chalet Hotels Q2 FY27: Core EBITDA up 13% to ₹2,274 Mn, PAT soars 40%
Chalet Hotels reported Q2 FY27 results with core EBITDA growing 13% YoY to ₹2,274 million and margins expanding 110 bps to 44.5%. Consolidated PAT surged 40% YoY to ₹2,163 million. Hospitality revenue increased 8% and commercial real estate revenue rose 22%. The company also acquired Lakeview Mercantile Company for ₹992 million.
The announcement includes significant financial performance improvements, strategic acquisitions, and positive outlook on development projects, which are material to investors.
The company reported strong year-on-year growth in revenue, EBITDA, and PAT, along with margin expansion and positive commentary from the MD & CEO regarding future prospects and operational strengths.
Chalet Hotels Limited announced its unaudited standalone and consolidated financial results for the quarter and six months ended September 30, 2026. The company reported an 11% year-on-year increase in income from its core hospitality and annuity businesses to ₹5,110 million in Q2 FY27. EBITDA from core operations (excluding residential) grew 13% to ₹2,274 million, with margins expanding by 110 basis points to 44.5%. Consolidated Profit After Tax (PAT) stood at ₹2,163 million, a significant 40% increase compared to Q2 FY26. The hospitality segment saw RevPAR increase by 7% YoY to ₹8,702 million, with revenues up 8% and EBITDA up 11%. The commercial real estate segment reported a 22% increase in revenue and a 23% increase in EBITDA. The company also announced the rebranding of a business hotel in Navi Mumbai as ATHIVA® Pulse, Navi Mumbai – Autograph Collection.
Speaking on the results, Shwetank Singh, MD & CEO, Chalet Hotels Limited, highlighted the strength of the hospitality portfolio and operational efficiencies, noting an 11.3% YoY growth in ADR and a 7.2% increase in RevPAR, with leisure properties showing a 34% RevPAR growth. He expressed confidence in the company's growth prospects, citing the progress on new hotel projects and a strong balance sheet. The company also noted the impact of a new concessional tax regime, which resulted in a tax credit of ₹1,125 million for the quarter, making the tax expense not comparable with other periods. Additionally, Chalet Hotels acquired 100% shareholding of Lakeview Mercantile Company Private Limited for a consideration of ₹992 million.
The development pipeline includes CIGNUS II, Powai, with substantial completion expected by FY27 end, and Taj Delhi International Airport, New Delhi, with an opening expected in early FY28. Other projects like The Ritz-Carlton, Hyderabad, and Hyatt Regency, Airoli, Navi Mumbai, are also progressing.
What to do with a filing like this
Chalet Hotels Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
That call is the part a filing cannot make for you. On RealCase, SEBI-registered research analysts and investment advisers read announcements like this one and turn the ones that matter into actions inside their model portfolios: a change in weight, a hold, or nothing at all. You are not left working out which of the roughly 250 filings published each day needs a response. The portfolio you follow is updated when a filing actually warrants it, with the reason written down.
See the model portfoliosA plain-language summary of a public exchange filing by Chalet Hotels Limited. Read the original for the full detail.