IHCL Reports Q1 FY2027 Results: Consolidated Revenue Jumps 15% to INR 2,419 Crores; Portfolio Reaches 645 Hotels

IHCL Reports Q1 FY2027 Results: Consolidated Revenue Jumps 15% to INR 2,419 Crores; Portfolio Reaches 645 Hotels​

The Indian Hotels Company Limited (IHCL), a leading hospitality company in India, has announced its consolidated financial results for the first quarter of Fiscal Year 2027 ending June 30, 2026. The company reported strong growth in revenue and profitability despite macro headwinds.

Consolidated revenue reached INR 2,419 crores, marking a 15% increase compared to the previous year. For the quarter, EBITDA stood at INR 753 crores, translating to an EBITDA margin of 31.1%, which is an expansion of 80 basis points. Management noted that this consistent performance is driven by IHCL’s diversified brands and businesses.

Key revenue drivers included a 26% growth in management fee income and a 22% increase in the revenue generated by Growth Businesses. Furthermore, domestic like-for-like hotels saw a RevPAR growth of 14%.

Mr. Puneet Chhatwal, Managing Director & CEO at IHCL, highlighted that Q1 FY2027 represents the seventeenth consecutive best quarter for the company. He added that Taj was ranked India's Strongest Brand across sectors in the Brand Finance 'India 100 2026' report, marking the fifth straight year the brand achieved this distinction.

Operational Milestones and Growth Areas​

The company significantly expanded its portfolio during the quarter, reaching a total of 645 hotels. IHCL completed 20 signings in Q1 FY2027, maintaining an industry-leading pipeline of 263 hotels. The operational side saw the opening of 11 new hotels, including Taj in Frankfurt and Taj Bush Lodge in Kruger National Park, South Africa.

The portfolio updates also included the migration of 15 hotels from the ANK Hotels and Pride Hospitality portfolio to IHCL’s brandscape.

Mr. Ankur Dalwani, Executive Vice President and Chief Financial Officer (CFO) at IHCL, provided a detailed look into the standalone performance. In Q1 FY2027, IHCL Standalone reported revenue of INR 1,298 crores, supported by a RevPAR growth of 14%. The Standalone segment clocked a strong EBITDA margin of 41.8%, an expansion of 380 basis points, and posted a PAT of INR 337 crores.

Consolidated gross cash as of June 30, 2026, stood at INR 4,439 crores.

Business Segment Performance​

The company's varied segments showed robust growth:


The Growth Businesses segment, which includes brands like Ginger, Qmin, amã Stays & Trails, and Tree of Life, saw significant expansion. Enterprise revenue for this grouping grew by 65%. Specifically, Ginger reported an enterprise revenue of INR 301 crores, marking a 68% growth with an EBITDAR margin of 37%.

Qmin has expanded to over 100 outlets across multiple formats, reporting an Enterprise revenue of INR 60 crores and a 23% growth. Amã Stays & Trails and Tree of Life reported enterprise revenue of INR 18 crores and INR 14 crores, respectively, both showing over 55% growth.

The Indian Hotels Company Limited continues to leverage its diversified brandscape across all segments—including Taj, Claridges Collection, Brij, Atmantan, SeleQtions, Gateway, Vivanta, Tree of Life, Ginger, and etc.—to drive forward-looking revenue growth for the fiscal year.

INDHOTEL Stock Price Movement​

Today, The Indian Hotels Company Limited stock edged higher in post-market trading, finishing at ₹731.60 after a gain of 0.92%. The equity settled on strong volume as over 2.7 million shares were traded throughout the session.