CHALET NSE filing

Chalet Hotels Q2 FY27: Core Revenue Up 11% to ₹5,110 Mn, RevPAR Rises 7.2%

The RealCase readHigh impact Positive

Chalet Hotels reported Q2 FY27 results with core business revenue up 11% YoY to ₹5,110 Mn and EBITDA up 13% YoY to ₹2,274 Mn. RevPAR increased 7.2% YoY to ₹8,702, driven by an 11.3% YoY rise in ADR to ₹13,546, with occupancy at 64.2%. The ATHIVA® portfolio saw rebranding and new project announcements. An earnings call is scheduled for November 5, 2026.

Why it matters

The announcement provides detailed financial results and operational highlights for the quarter, including key performance indicators like revenue, EBITDA, RevPAR, and ADR, which are material for investors.

The market read

The company reported positive year-on-year growth in revenue and EBITDA, along with an increase in RevPAR and ADR. The rebranding of a key property and new project announcements also contribute to a positive outlook.

Chalet Hotels Limited announced its Unaudited Financial Results for the quarter and six months ended September 30, 2026. The company's core business revenue grew by 11% year-on-year to ₹5,110 million, with EBITDA increasing by 13% year-on-year to ₹2,274 million. Consolidated financials are not directly comparable year-on-year due to income from a residential project booked in Q2 FY26.

RevPAR (Revenue Per Available Room) saw a 7.2% year-on-year increase, despite geopolitical scenarios in West Asia, rising fuel prices, and flight rationalization. Average Daily Rate (ADR) improved by 11.3% year-on-year, while occupancy stood at 64.2%, a slight decrease of 2.44 percentage points year-on-year. The domestic demand significantly boosted Resorts RevPAR by 33.7%, with a healthy balance of ADR and occupancy.

The ATHIVA® portfolio showed encouraging progress. The business hotel in Navi Mumbai was rebranded as ATHIVA® Pulse, Navi Mumbai – Autograph Collection, and has shown immediate positive momentum. ATHIVA® Resort & Spa, Khandala, continues its ramp-up with positive guest feedback. Furthermore, ATHIVA® Hotels and Resorts received the "Most Promising Experiential Hotel Brand" award at the Today’s Traveller Awards 2026. Two new projects were announced in Hyderabad and Pune, expanding the ATHIVA® key count, including the pipeline, to over 1,200 keys. The commercial real estate segment achieved a run rate of ₹300 million in September 2026 with an occupancy of 91%.

The company's consolidated revenue, excluding the residential project, was ₹5,110 million, with EBITDA at ₹2,274 million, showing a 10.7% and 13.5% year-on-year growth, respectively. For the half-year ended September 30, 2026, consolidated revenue (excluding residential) was ₹10,250 million, and EBITDA was ₹4,674 million, marking a 10.1% and 14.4% year-on-year increase, respectively.

Chalet Hotels also announced that its Board of Directors approved the financial results. An earnings call to discuss the results is scheduled for Thursday, November 5, 2026, at 11:00 a.m. IST.

Filing to action

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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.

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Primary source

A plain-language summary of a public exchange filing by Chalet Hotels Limited. Read the original for the full detail.

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