IHCL clocks sixth straight record quarter; FY26 revenue tops Rs 9,971 cr
Tata-owned IHCL posted Q4 revenue of Rs 2,845 cr and PAT of Rs 600 cr, capping FY25-26 with Rs 9,971 cr in revenue and Rs 2,084 cr PAT. Standalone EBITDA margin expanded 120 bps to 45.1% on 12% RevPAR growth, signaling sustained pricing power in premium hospitality.
What happened
Tata-owned IHCL posted its sixth consecutive record quarter with Q4 revenue of Rs 2,845 cr and PAT of Rs 600 cr. FY26 revenue hit Rs 9,971 cr; standalone EBITDA
Key facts
- Q4 revenue Rs 2,845 cr
- Q4 EBITDA Rs 1,052 cr at 37% margin
- Q4 PAT Rs 600 cr
- FY26 revenue Rs 9,971 cr
- FY26 EBITDA Rs 3,477 cr at 34.9% margin
- FY26 PAT Rs 2,084 cr
- Standalone revenue Rs 5,640 cr
- RevPAR growth 12%
- Standalone EBITDA margin 45.1%
- Standalone PAT Rs 2,012 cr
Why this matters
IHCL's Rs 9,971 cr revenue base and 45.1% margins create a strong currency for accretive acquisitions or management-contract roll-ups in tier-2 luxury and Vivanta segments while the cycle is favorable.