Chalet Hotels Ltd. Q2 FY26 Financial Performance & Strategic Update

Profitability: The Company achieved a substantial shift, posting a consolidated net profit of ₹154 crore, compared to a net loss of ₹138 crore in the corresponding period last year. Revenue Growth: Total income surged 94% year-on-year to ₹7,438 million, driven by robust performance across core operations. EBITDA jumped 98% to ₹3,077 million. The EBITDA margin improved to 40.7% from 39.7% (as per the summary), reflecting enhanced operational efficiency. Profit Before Tax (PBT): PBT grew an exceptional 158% to ₹2,049 million. Shareholder Return: Underscoring strong financial health and confidence in future cash flows, the company declared its maiden interim dividend of ₹1 per share. Hospitality: The core hospitality business revenue grew 13% to ₹3,802 million. While occupancy saw a seasonal moderation to 67% (vs. 74% last year), this was effectively offset by a 16% increase in Average Room Rates (ARR) to ₹12,170. This strategic pricing led to a 5% growth in Revenue Per Available Room (RevPAR) to ₹8,115. Rental & Annuity: This segment remains a strong pillar, with revenue increasing 76% to ₹738 million. EBITDA surged 88% to ₹607 million, yielding an impressive margin of 82.3%. Residential: The vertical delivered a significant contribution this quarter, recording ₹2,821 million in revenue and ₹1,073 million in EBITDA, driven by the handover of 55 flats in the Koramangala, Bengaluru project. Brand Expansion: Launched ATHIVA Hotels & Resorts, a new premium lifestyle hospitality brand focused on wellness and sustainability, with the first property initiated in Khandala. Sustainability Leadership: Chalet became the first hospitality brand to achieve the Climate Group’s EV100 target, reinforcing its commitment to ESG principles. Growth Pipeline: Room inventory increased 10% YoY. Key projects, including The Taj at Delhi Airport (H1 FY27), Varca Beachfront Resort, Goa (FY28), and Cignus II at The Westin Powai Lake (FY27), are progressing as scheduled.