Indian Hotels Co Ltd Reports Record Q1 FY27 Performance with 15% Revenue Growth, PAT Rises 21%
Hospitality major delivers its 17th consecutive quarter of record performance, driven by strong domestic demand and higher RevPAR
The Indian Hotels Company Limited (INDHOTEL) has released the transcript of its earnings conference call for the quarter ended June 30, 2026 (Q1 FY27), reporting another quarter of robust financial and operational performance. The Tata Group hospitality company recorded its 17th consecutive quarter of record results, supported by strong domestic travel demand, healthy room rates, and disciplined revenue management.
Q1 FY27 Financial Highlights
IHCL delivered double-digit growth across key financial metrics during the first quarter of FY27.
- Consolidated Revenue: Increased 15% year-on-year (YoY) to ₹2,419 crore.
- EBITDA: Rose 18% YoY to ₹753 crore, with the EBITDA margin improving to 31.1%.
- Profit After Tax (PAT): Grew 21% YoY to ₹358 crore.
- Standalone Revenue: Increased 18% YoY to ₹1,298 crore.
- Standalone EBITDA: Jumped 30% YoY to ₹542 crore, resulting in a strong EBITDA margin of 41.8%.
Hotel Business Continues Strong Momentum
The hotel segment remained the primary growth driver during the quarter, with revenue increasing 17% year-on-year. Domestic Revenue Per Available Room (RevPAR) grew 14%, reflecting sustained demand across business, leisure, and premium travel segments.
Despite external challenges such as elevated aviation fuel prices and limited international airline capacity affecting long-haul travel, India’s domestic tourism market continued to support occupancy levels and room rates. As a result, the hotel business maintained a healthy EBITDA margin of 32.6%, highlighting IHCL’s strong pricing power and operational efficiency.
Taj Retains Position as India’s Strongest Brand
IHCL also highlighted the continued strength of its flagship Taj brand. According to Brand Finance, Taj was recognized as India’s strongest brand across all sectors for the fifth consecutive year. The brand’s valuation increased 38%, approaching US$900 million, reflecting its premium positioning and growing global recognition.
The company noted that over the past 17 consecutive quarters, it has consistently delivered double-digit compound annual growth across key operating and financial metrics.
Management Remains Positive on FY27 Outlook
During the earnings call, Managing Director and CEO Puneet Chhatwal said the company has witnessed encouraging business momentum at the start of the second quarter. He attributed the performance to IHCL’s diversified portfolio, strong brand portfolio, disciplined revenue management, and consistent execution.
Management remains confident of sustaining double-digit revenue growth throughout FY27, supported by continued strength in domestic travel demand, an expanding hotel portfolio, and ongoing operational excellence.