IHCL Reports Record Q4 & FY26 Results: Revenue ₹9,971 Cr (Up 16%), PAT ₹2,084 Cr, Proposes 25% Dividend
IHCL reported record Q4 FY26 consolidated revenue of ₹2,845 Cr (up 14% YoY) and FY26 revenue of ₹9,971 Cr (up 16% YoY). FY26 PAT reached ₹2,084 Cr, with an EBITDA of ₹3,477 Cr. The company proposes a dividend of 25% of consolidated PAT. IHCL added 250 hotel signings and opened over 130 hotels in FY26.
The announcement details record-breaking financial results, significant portfolio expansion, and a proposed dividend, all of which are material information for investors and indicate strong company performance and future growth prospects.
The company reported record financial performance for both the quarter and the full fiscal year, with significant year-on-year growth in revenue and profit. The proposed dividend and positive outlook further contribute to the positive sentiment.
The Indian Hotels Company Limited (IHCL) announced its consolidated financial results for the fourth quarter and the full fiscal year ending March 31st, 2026. The company achieved its sixteenth consecutive record quarter, reporting a consolidated revenue of ₹2,845 crores for Q4 FY26, a 14% growth year-on-year. EBITDA for the quarter stood at ₹1,052 crores with an EBITDA margin of 37%. For the full fiscal year FY2026, IHCL recorded an all-time high consolidated revenue of ₹9,971 crores, marking a 16% growth and surpassing its guidance for double-digit revenue growth despite macro-economic headwinds. The company also achieved its best-ever Profit After Tax (PAT) of ₹2,084 crores, with an EBITDA of ₹3,477 crores and an EBITDA margin of 34.9%.
IHCL's Managing Director & CEO, Mr. Puneet Chhatwal, highlighted the company's consistent performance driven by its multi-brand presence, balanced growth strategy, and focus on capital-light investments. This diversification across brands, contracts, and geographies has led to operating leverage, growth in high-margin fee-based businesses, and resilience. Over FY23-FY26, IHCL has delivered a Compound Annual Growth Rate (CAGR) of 19% for Revenue, 21% for EBITDA, and 28% for PAT (before exceptional items).
During FY2026, IHCL added three new brands, bringing its total major brands to fourteen, and achieved a record 250 signings, expanding its portfolio to 630 hotels with a pipeline of 255 hotels. The company opened or onboarded over 130 hotels, increasing its operating hotels to 373 with over 33,000 rooms. IHCL maintains a healthy balance sheet with a gross cash balance of ₹4,345 crores as of March 31st, 2026. The company has proposed a dividend of 25% of its Consolidated PAT before exceptional items, including a special dividend to commemorate IHCL's 125th Annual General Meeting (AGM).
On a standalone basis for FY2026, IHCL reported revenue of ₹5,640 crores, with RevPAR growth of 12% in Q4 and a strong EBITDA margin of 45.1%, an expansion of 120 basis points. PAT for standalone operations was ₹2,012 crores. The company invested over ₹1,000 crores in FY2026 across greenfield projects, renovations of key assets like Taj Palace, New Delhi, and digital initiatives. Acquisitions including majority stake in ANK & Pride Hospitality, Atmantan, and Brij Hospitality were also completed. IHCL's credit rating was upgraded to AAA+ by ICRA.
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The Indian Hotels Company 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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