IHCL Q1 FY27 Revenue Surges 15% to INR 2,419 Cr

The Indian Hotels Company Limited (IHCL) posted a significant 15% year-on-year rise in consolidated revenue, reaching INR 2,419 crore for the first quarter ended June 30, 2026. This strong performance underscores the company’s operational growth during Q1 FY27.

Key Numbers:

• Consolidated Revenue: INR 2,419 crore (+15% YoY)
• EBITDA: INR 753 crore
• EBITDA Margin: 31.1%
• Domestic Like-for-Like Hotels RevPAR Growth: 14%
• Growth Businesses Revenue Increase: 22%
• Management Fee Income Growth: 26%

MD and CEO Puneet Chhatwal noted that IHCL’s diverse portfolio was instrumental in achieving sustained growth, even amidst prevailing economic challenges. The company saw robust increases across its various business segments, confirming its strategic resilience.

Strategic Expansion & Portfolio Growth

• Signed 20 new hotels during the quarter.
• Opened 11 new hotels, including Taj properties in Frankfurt and Greater Kruger National Park.
• Total portfolio now stands at 645 hotels.
• Maintains a robust pipeline of 263 properties.
• Integrated 15 hotels from ANK Hotels and Pride Hospitality into its brand portfolio.

This aggressive expansion strategy has significantly bolstered IHCL’s market presence, extending its reach both domestically and internationally. The integration of additional properties further diversifies its brand offerings.

Strong Standalone Performance and Brand Recognition

• Standalone Business Revenue: INR 1,298 crore.
• Standalone RevPAR Growth: 14%.
• Standalone EBITDA Margin: 41.8%.
• Standalone Profit After Tax: INR 337 crore.
• Taj recognized as India’s strongest brand for the fifth consecutive year by Brand Finance India 100 2026 report.

Executive Vice President and CFO Ankur Dalwani highlighted the strong financial position, with gross cash reserves of INR 4,439 crore. This solid liquidity underpins the company’s operational stability and future investment capacity.