Indian Hotels Company Q4 net profit jumps 15% YoY to ₹600 crore; ₹3.25/share dividend recommended

In the corresponding period of the previous fiscal year, the Tata Group firm had clocked a profit of ₹522.30 crore, according to a regulatory filing.

The company’s revenue from operations advanced 14% YoY to ₹2,765.29 crore during the quarter under review, as against ₹2,425.14 crore in the March quarter of the 2024-25 fiscal year (Q4 FY25).

At an operational level, its EBITDA (earnings before interest, tax, depreciation and amortisation), also known as operating profit, stood at ₹1,052 crore in the January to March quarter of FY26. It grew by 15% YoY from ₹918 crore in the year-ago period.

It recorded a 37% EBITDA margin during the latest March quarter, from 36.9% in Q4 of FY25.

“For FY2026, the company delivered on its guidance of double-digit revenue growth despite macro-headwinds with revenue of INR 9,971 crores, a growth of 16%, leading to an all-time high EBITDA of INR 3,477 crores, EBITDA margin of 34.9%, resulting in the best ever PAT of ₹2,084 crore,” said Puneet Chhatwal, Managing Director & CEO of IHCL.

He further stated that the company, led by its multi-brand presence across segments, coupled with a balanced growth strategy focused on capital-light with select investments, delivered consistent performance over sixteen quarters.

“This diversification strategy by brand, by nature of contract, and by geography has driven operating leverage, grown high-margin fee-based businesses, and built resilience, delivering a double-digit CAGR (FY23 – FY26) across all metrics of IHCL Consolidated - Revenue 19%, EBITDA 21%, and PAT 28%,” Chhatwal added.

IHCL clocked a double-digit revenue growth in FY26, reflecting a broad-based performance, driven by a 9% revenue per available room (RevPAR) growth, a 16% surge in airline and institutional catering, 25% in new businesses, and 22% in management fees, said Ankur Dalwani, Executive Vice President and Chief Financial Officer of IHCL.

“In FY2026, we invested over ₹1,000 crore across greenfield projects like Vivanta and Ginger at Ekta Nagar, 100 keys expansion at Taj Ganges, Varanasi, renovation of key assets like Taj Palace, New Delhi, St. James Court, A Taj Hotel, London, and The Taj Mahal Palace & Tower, Mumbai, as well as in digital initiatives,” Dalwani added.

Dividend recommended

Furthermore, IHCL’s board of directors recommended a dividend of ₹3.25 per equity share with a face value of ₹1 each fully paid up, at 325%, subject to the approval of the members at the forthcoming Annual General Meeting (AGM).

"The dividend, if approved by the shareholders at the AGM, will be paid, subject to deduction of applicable tax at source, within five days from the date of the AGM," it added.

Shares of the firm closed 1.75% lower at ₹661.30 apiece on the National Stock Exchange (NSE) on Monday, ahead of the result announcement.

IHCL has a total market capitalisation of ₹94,629.77 crore as of May 11, 2026, according to data on the NSE.