Chalet Hotels reported a 60% increase in revenue to INR28.12 billion for FY26, with EBITDA growing by 59%. The hospitality segment saw a 14% boost. The company plans to invest INR30 billion by FY29 for acquisitions and expansions, primarily funded internally. Key projects include the Udaipur resort and Hyderabad Ritz-Carlton developments.
Chalet Hotels Limited
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Recent Discussions
Chalet Hotels Limited recently convened for their Q4 FY26 earnings discussion, updating investors on their financial performance for the fiscal year ending in May 2026.
Chalet Hotels reported a significant 33% increase in Q4 net profit, reaching INR 1.6 billion, while revenue also grew by 6%, reaching INR 5.5 billion compared to the previous year.
Chalet Hotels has reported a significant 32% increase in Q4 profits year-over-year, accompanied by an improvement in the EBITDA margin. Additionally, the company has announced a proposed dividend of ₹1 per share for shareholders.
Chalet Hotels reported a significant 32% increase in Q4 profit, reaching ₹163 crore, primarily due to growth in hospitality and real estate sectors. The revenue grew by 7%, ending at ₹558.2 crore, while the EBITDA margin improved notably to 47.6%. Shareholders can expect a final dividend of ₹1 per share.
Chalet Hotels aims to invest INR 30 billion in its expansion strategy, targeting portfolio growth between FY2027 and FY2029. This move signals a significant push for the company's growth over the next few years.
Chalet Hotels has significantly increased its revenue by doubling it from FY19 to FY26 and improved EBITDA by 2.6 times, excluding residential properties. The company has expanded its portfolio with 5,000 new keys and acquired a 144-key Udaipur resort for approximately Rs 1,710 million.
Chalet Hotels is planning to announce its FY26 financial results on May 14, 2026. The board will also be discussing potential dividend payments and fundraising options through NCDs or CPs after the announcement. Trading activities are expected to resume on May 17, 2026.
Hotel stocks such as IHCL, Chalet, and Lemon Tree experienced a 2% decline due to Prime Minister Modi's call for citizens to focus on domestic tourism instead of international travel. This push aims to stimulate the local economy, minimize foreign exchange outflow, and support hospitality firms targeting the domestic market in response to global uncertainties.
Chalet Hotels has purchased Seasons Hotels, completely owning the latter and making it its fully-owned subsidiary. This merger strengthens Chalet Hotels' position in the hospitality industry.
Chalet Hotels has announced plans to issue unsecured commercial papers worth INR 150 crore at a 6.75% interest rate, maturing in July 2026. These CPs have been rated A1 by CRISIL and are listed on the BSE WDM.
Chalet Hotels has successfully completed the initial stage of acquiring Seasons Hotels, making the latter a new subsidiary. The full details were shared in December 2025 and April 2026.
Chalet Hotels Ltd has purchased the Inder Residency Resort & Spa in Udaipur from Seasons Hotels Pvt Ltd for 171 crore INR. This move is part of their expansion strategy, aiming to transform the resort into a premium lifestyle destination.
Nomura maintains a neutral stance on Chalet Hotels, setting a target price of ₹860, acknowledging the hotel chain's growth potential with around 1500 keys in pipeline and a Mumbai-centric portfolio. However, concerns remain over execution risks, accelerating occupancy levels, and the rollout of their Athiva brand for future revenue and earnings.
The High Court has upheld the higher property tax rate for Bengaluru Marriott Hotel Whitefield, owned by Chalet Hotels, resulting in a tax payment of INR 8.88 crore.
Despite the challenges posed by the West Asia conflict, Chalet Hotels is implementing cost-cutting strategies to maintain operations. The CEO reassures investors that capital expenditure and growth objectives remain unaffected.