The Indian Hotels Company Limited (IHCL), India’s largest hospitality company, reported its consolidated financials for first quarter ending June 30, 2026.
Financial Performance
- Revenue: ₹2,419 crores (up 15% YoY)
- PAT (Profit After Tax): ₹358 crores (up 21% YoY)
- EBITDA: ₹753 crores with margin at 31.1% (expanded by 80 bps)
- Standalone Revenue: ₹1,298 crores with 41.8% EBITDA margin (expanded by 380 bps)
- Gross Cash: ₹4,439 crores as of June 30, 2026
Growth & Expansion
- Hotel Signings: 20 new signings in the quarter
- Openings: 11 hotels, including Taj Frankfurt and Taj Kruger National Park (South Africa)
- Portfolio Size: 645 hotels, with a pipeline of 263
- Brand Migration: 15 hotels from ANK Hotels and Pride Hospitality integrated into IHCL
Brand Recognition
- Taj Hotels: Crowned India’s Strongest Brand for the 5th consecutive year by Brand Finance "India 100 2026".
Strategic Drivers
- RevPAR Growth: 14% in domestic like-for-like hotels
- Growth Businesses: Revenue up 22%
- Management Fee Income: Up 26%
- Acquisitions: Strong performance from recently acquired assets
- Renovated Assets: Goa, Delhi, and Bengaluru contributed significantly
IHCL continues its streak of 17 consecutive “best-ever” quarters, driven by diversified brands, strong domestic demand, and international expansion.
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