ITC Hotels Q1 PAT jumps 35% to ₹180 cr; buys GHK Hospitality for ₹155 cr
ITC Hotels posted Q1FY27 net profit of ₹180.2 crore, up 35.5% YoY, with revenue rising 14.8% to ₹936 crore and EBITDA margin at 31.2%. The company announced a 100% acquisition of GHK Hospitality, owner of the 130-key Welcomhotel Ahmedabad, at an enterprise value of ₹155 crore. Shares fell 4.71% to ₹174.85.
What happened
ITC Hotels Q1FY27 net profit rose 35.5% to ₹180 crore, revenue up 14.8% to ₹936 crore. It announced acquisition of 100% stake in GHK Hospitality (Welcomhotel
Key facts
- PAT ₹180.2 crore
- +35.5% YoY
- revenue ₹936.02 crore
- +14.8% YoY
- EBITDA ₹292.3 crore
- EBITDA margin 31.2%
- GHK acquisition EV ₹155 crore
- 100% stake
- 130 keys
- share -4.71% at ₹174.85
Why this matters
The ₹155 crore full acquisition of GHK Hospitality adds the 130-key Welcomhotel Ahmedabad, deepening ITC Hotels' owned-asset footprint in a key western India market.
What to watch
- Q2FY27 RevPAR and occupancy trends
- GHK/Welcomhotel Ahmedabad integration and 130-key ramp timeline
- Wedding/MICE and foreign tourist arrival data for H2 seasonality
- New management-contract signings vs owned-asset capex mix
- Peer results (Indian Hotels, Chalet, Lemon Tree) for sector read-through
- Watch for brokerage initiation/updates post first standalone quarter as ITC Hotels
- Track occupancy and ARR (average room rate) disclosures for demand durability
- Monitor further bolt-on acquisitions signaling M&A pipeline in Tier-1/Tier-2 cities
- Assess promoter/ITC parent stake actions and any buyback/dividend policy clarity