KAMATHOTEL NSE filing

Kamat Hotels Q4 FY26 Revenue Up 19.2% to ₹1,101 Crore, PAT Rises 59%

The RealCase readMedium impact Positive

Kamat Hotels reported Q4 FY26 revenue of ₹1,101 crore, a 19.2% increase YoY. PAT surged 59.1% to ₹175 crore. For FY26, revenue was ₹3,856 crore. The company plans to add ~600 keys via a semi-asset-light model, with new properties like Orchid Gwalior and Ira Bhavnagar opening in late 2026.

Why it matters

The investor presentation provides a detailed financial and operational overview, including quarterly and annual performance. While quarterly results are positive, the full-year PAT decline and increased costs due to geopolitical tensions temper the overall impact. The future growth strategy and pipeline offer potential upside.

The market read

The company reported strong year-on-year growth in revenue and profit for the fourth quarter of FY26, indicating positive operational performance for the period. Despite a full-year PAT decline, the quarterly results show a robust recovery and positive momentum.

Kamat Hotels (India) Limited has submitted its Investor Presentation for the Fourth Quarter and Financial Year ended March 31, 2026. The company reported a significant year-on-year increase in revenue for Q4 FY26, growing by 19.2% to ₹1,101 crore, compared to ₹924 crore in Q4 FY25. EBITDA for the quarter also saw a substantial rise of 28.6% to ₹319 crore from ₹248 crore in the previous year. Profit After Tax (PAT) for the quarter surged by 59.1% to ₹175 crore, up from ₹110 crore in Q4 FY25. The company's PAT margin improved by 399 basis points to 15.89%.

For the full financial year FY26, operational income grew by 8.0% to ₹3,856 crore. However, EBITDA for FY26 decreased by 7.5% to ₹968 crore, and PAT declined by 17.2% to ₹386 crore. The company noted that escalating Middle East tensions resulted in higher fuel, commercial LPG, and logistics costs, creating operational cost pressure. Additionally, the operations of IRA by Orchid Hotels, Mumbai were discontinued effective April 1, 2026, following the expiry of the Leave and License Agreement.

The company has a pipeline of approximately 600 keys for FY27, focusing on a semi-asset-light expansion model. Upcoming properties include Orchid hotels in Gwalior and Dehradun, and Ira by Orchid in Bhavnagar, scheduled to open in September 2026 and June 2026, respectively. Kamat Hotels aims to maintain a Net Cash phenomenon and focus on topline growth through newer projects, enhancing operational efficiency, and digitisation.

Filing to action

What to do with a filing like this

Kamat Hotels (I) 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 medium impact: worth reading, rarely worth acting on by itself.

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Primary source

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

View original filing