/hospibuz/media/agency_attachments/2024-08-30t184332385z-hospibuz-logo-2.webp){kind=logo}
/hospibuz/media/member_avatars/2024-08-31t084316618z-faivconshort-logo-3.png ){kind=logo}
Follow Us/hospibuz/media/media_files/2025/11/05/taj-bandstand-2025-11-05-12-52-50.jpg)
- MARKS FOURTEENTH CONSECUTIVE QUARTER OF RECORD PERFORMANCE
- REACHES A PORTFOLIO OF 570 HOTELS
MUMBAI, NOVEMBER 4, 2025: The Indian Hotels Company Limited (IHCL), India’s largest hospitality company, reported its consolidated financials for the second quarter ending September 30th, 2025.
/hospibuz/media/post_attachments/1074e49f-fe5.png)
KEY CONSOLIDATED FINANCIAL RESULTS FOR Q2 AND H1 FY 2025-26 Q2 YoY PERFORMANCE
PAT growth is excluding one off exceptional gain of INR 307 crores, on account of Subsidiarisation of TajSATS in Q2 FY2025.
Mr.PuneetChhatwal,ManagingDirector&CEO,IHCL,said,“Q2FY2026marksIHCL’sfourteenthconsecutive quarter of record financial performance with a revenue ofINR 2,124crores, a12%growth over the previous year and a strongEBITDA marginof30.8%,an expansion of 90 basis points. The revenue performance in the first half of theyear was enabled by a9%RevPAR growth,22%growth in New Businesses and21%growth in management fee income.”
He added, “IHCL continued its accelerated growth momentum in the first half of FY2026 with 46 signings to reach a portfolio of 570 hotels and opened 26 hotels crossing a milestone of 250+ operating hotels in India with over 25,000 rooms. Under our strategic partnership with Clarks group, 14 hotels have been successfully onboarded on our sales & distribution network, the remaining portfolio is set to migrate to IHCL’s brandscape in the coming months. In line with our guidance, Taj Bandstand, an iconic development for Mumbai skyline has commenced construction post securing necessary approvals. On the back of strong industry fundamentals, outlook for the second half of the fiscal remains strong with a rebound in corporate travel, seasonal surge in social events and global conventions & trade fairs.”
Mr. Ankur Dalwani, Executive Vice President and Chief Financial Officer, IHCL said, “For Q2 FY2026, IHCL Standalone reported a revenue of INR 1,166 crores, clocking an EBITDA margin of 40.8%, an expansion of 220 basis points and a PAT margin of 24.8%. Planned renovations have been completed in the first seven months of this fiscal across key assets like Taj Fort Aguada Resort & Spa, Goa, Taj Palace, New Delhi and The Taj Mahal Palace, Mumbai.”
He added, “IHCL Consolidated continues to maintain a healthy balance sheet with a gross cash balance of INR 2,847 crores as on 30th September 2025.”
/hospibuz/media/post_attachments/6cc004f8-f06.png) |
KEY HIGHLIGHTS – H1 FY2026
FINANCIAL PERFORMANCE |
- Consolidated hotels delivered a 9% Consolidated RevPAR growth with international consolidated portfolio clocking a 11% RevPAR growth. - Management Fee income grew by 21% to INR 259 crores on the back of not like for like growth. |
PORTFOLIO GROWTH |
- IHCL signed 46 hotels across its brandscape including multi hotel framework agreements with the Ambuja Neotia group for Taj, SeleQtions and Tree of Life brands and with Madison for the Ginger brand in south India. - These signings included 9 Taj hotels in locations like Darjeeling, ECR Chennai, Pondicherry, Mohali and in Kruger National Park, South Africa, 17 hotels across Vivanta, Gateway, Tree of Life and Ginger brands and 10 hotels each under SeleQtions and Brij. - IHCL opened 26 hotels with a Taj in Alibaug, Raichak and Udaipur, on boarded The Claridges, New Delhi, SeleQtions resorts in Lakshadweep and in Haridwar, a Vivanta in Thane, Gateway in Goa, Coorg and Ahmedabad, a Ginger in Dehradun and on boarded 14 hotels of Brij and Clarks. |
NEW & REIMAGINED BUSINESSSES |
- The Air & Institutional Catering business segment (TajSATS) clocked a revenue of INR 577 crores with 12% share from non-aviation, EBITDA of INR 136 crores and EBITDA margin stood at 23.6%. - New Businesses comprising of Ginger, Qmin, amã Stays & Trails and Tree of Life reported an Enterprise revenue of INR 423 crores, a growth of 21% and Consolidated revenue of INR 324 crores, a growth of 22%. - Enterprise Revenue of Ginger stood at INR 362 crores with a strong EBITDAR margin of 41%. - Qmin has grown to 104 outlets across multiple formats, amã Stays & Trails has reached a portfolio of 331 bungalows with 174 in pipeline and Tree of Life is at a 23 resorts portfolio with 5 in pipeline. |
PAATHYA | IHCL’S INDUSTRY-LEADING ESG+ FRAMEWORK |
|
/hospibuz/media/post_attachments/4a4d5256-51c.png)
About The Indian Hotels Company Limited
The Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj – the iconic brand for the most discerning travellers and ranked as World’s Strongest Hotel Brand 2025 and India’s Strongest Brand 2025 as per Brand Finance; Claridges Collection, a curated set of boutique luxury hotels merging elegance with historical charm; SeleQtions, a named collection of hotels; Tree of Life, private escapes in tranquil settings; Vivanta, sophisticated upscale hotels; Gateway, full-service hotels designed to be your gateway to exceptional destinations and Ginger, which is revolutionising the lean luxe segment.
Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel – The Taj Mahal Palace, in Bombay in 1903. IHCL has a portfolio of 570 hotels including 302 in the pipeline globally across 4 continents, 14 countries and in over 250 locations. The Indian Hotels Company Limited (IHCL) is India’s largest hospitality company by market capitalization. It is listed on the BSE and NSE.
Please visit: IHCL; Taj; Claridges Collection; SeleQtions; Tree of Life; Vivanta; Gateway; Ginger