Sterling Holiday Resorts Reports Best Ever Quarter in Q1 FY27
Sterling Holiday Resorts reported its best-ever quarter in Q1 FY27 with revenue at ₹1.7 Billion (₹170 crore), up 21% YoY. EBITDA grew 21% to over ₹620 Million (₹62 crore) with a 37% margin. The company is debt-free with ₹3.7 Billion (₹370 crore) in cash reserves.
The strong performance of a wholly-owned subsidiary positively impacts the parent company, Thomas Cook (India) Limited, contributing to its overall financial health and market perception.
The company reported its best-ever quarterly performance with significant year-on-year growth in revenue, EBITDA, and PBT, along with maintaining a strong EBITDA margin and a debt-free status.
Sterling Holiday Resorts Limited (SHRL), a wholly-owned subsidiary of Thomas Cook (India) Limited, announced its strongest-ever quarterly performance for Q1 FY27. The company reported record Revenue, EBITDA, Profit Before Tax (PBT), and Operating Free Cash Flow.
Total Revenue grew by 21% year-on-year to ₹1.7 Billion (₹170 crore), with EBITDA increasing by 21% to over ₹620 Million (₹62 crore), maintaining an industry-leading 37% EBITDA margin. PBT saw a faster growth of 30% year-on-year, expanding PBT margins by 200 basis points. Operating Free Cash Flow also increased by 30%.
Sterling Holiday Resorts remains debt-free, with cash reserves exceeding ₹3.7 Billion (₹370 crore). Occupancy improved by 700 basis points to 77%, average room rate reached ₹7,809, and TRevPAR increased by 20%. The company operates 78 resorts with nearly 3,800 rooms across over 65 destinations and has a development pipeline of over 35 resorts and 2,000 rooms.
Sterling Kanha received TripAdvisor's 'Best of the Best' Award for the fourth consecutive year. Mr. Vikram Lalvani, Managing Director & CEO of Sterling Holiday Resorts Limited, stated that Q1 FY27 marks a defining milestone, reflecting a transformed business into a scalable, profitable, and resilient hospitality platform with strong growth engines, a strong balance sheet, and a visible development pipeline.
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Thomas Cook (India) 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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See the model portfoliosA plain-language summary of a public exchange filing by Thomas Cook (India) Limited. Read the original for the full detail.