IHCL Announces Financial Results For Q4 And Full Year FY 2025-26

Mr. Puneet Chhatwal, Managing Director & CEO, IHCL, said, “Q4 FY2026 marks sixteenth consecutive quarter of record performance with a Consolidated revenue of INR 2,845 crores, a 14% growth over the previous year, EBITDA of INR 1,052 crores and an EBITDA margin of 37%, notwithstanding the impact of West Asia conflict.

Q4 FY26:
- Revenue: ₹2,845 crores (+14% YoY)
- EBITDA: ₹1,052 crores (margin 37%)

Full Year FY26:
- Revenue: ₹9,971 crores (+16% YoY)
- EBITDA: ₹3,477 crores (margin 34.9%)
- PAT: ₹2,084 crores (all-time high)
- Dividend proposed: 25% of consolidated PAT, including a special dividend to mark IHCL’s 125th AGM.

Growth & Expansion
- Brands: Added 3 new brands, now at 14 major brands.
- Portfolio: Record 250 signings, reaching 630 hotels with 255 in pipeline.
- Openings: 130+ hotels onboarded through organic and inorganic growth.
- Investments: Over ₹1,000 crores in projects like Vivanta & Ginger at Ekta Nagar, Taj Ganges expansion, and renovations at Taj Palace (Delhi), St. James Court (London), and Taj Mahal Palace (Mumbai).

Strategic Highlights
- Diversification across brands, contracts, and geographies driving resilience.
- Strong growth in airline & institutional catering (+16%), new businesses (+25%), and management fees (+22%).
- Credit rating upgraded to AAA+ by ICRA.
- Healthy balance sheet with ₹4,345 crores gross cash as of March 31, 2026.

Big Picture
IHCL has now delivered 16 consecutive record quarters, proving the strength of its capital-light, multi-brand strategy. With luxury, leisure, and mid-scale segments expanding simultaneously, the company is positioning itself as a resilient, future-ready hospitality ecosystem.