Indian Hotels shares slip over 3% as strong Q4 triggers profit-booking

IHCL's revenue from operations also increased by 10 percent YoY in Q4

Shares of Indian Hotels Company (IHCL) declined over 3 percent to Rs 773 per share on May 6 after the company posted a decent performance for the March quarter (Q4 of financial year 2025).

In the past month, this hospitality stock has gone up by 6 percent. However, it has not done as well as the Nifty 50 index, which rose by 10 percent in the same period.

For the March quarter, IHCL’s standalone net profit went up by 30.4 percent compared to the same quarter last year, reaching Rs 481 crore. Revenue from operations also increased by 10 percent year-on-year to Rs 1,476 crore. EBITDA (earnings before interest, taxes, depreciation, and amortisation) jumped by 30 percent to Rs 918 crore, and the EBITDA margin was 36.9 percent.

The company’s board has suggested a dividend of Rs 2.25 per equity share (each share having a face value of Rs 1). This will be confirmed during the upcoming annual general meeting.

IHCL’s total expenses went up by 24 percent to Rs 1,764.26 crore, compared to Rs 1,416.77 crore in the same quarter last year.

Puneet Chhatwal, Managing Director and CEO of IHCL, said, “This quarter marks twelve straight quarters of record-breaking performance. Our hotel segment revenue at the group level grew by 13 percent, giving us an EBITDA margin of 38.5 percent.”

IHCL’s same-store hotels in India saw a 12 percent rise in consolidated RevPAR (revenue per available room), doing 73 percent better than the industry average at the group level.

Its international hotel portfolio had an occupancy rate of 73 percent, which was an increase of 440 basis points. This helped boost RevPAR by 7 percent.

Chhatwal also shared that in financial year 2026, IHCL plans to invest more than Rs 1,200 crore in ongoing asset management, upgrades, and new projects, with a strong focus on the Taj brand and digital improvements.