NSEPress Release21 Oct 2026 · 21 Oct 2026, 05:06 pm

Press Release

The Indian Hotels Company Limited · INDHOTEL

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The Indian Hotels Company Limited (IHCL) reported its consolidated financials for Q2 FY2027, with a Consolidated Revenue of INR 2,566 crores, up 21% over the previous year. The company upgraded its Consolidated Revenue guidance from 12-14% to 15-17% growth for FY2027.

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The Indian Hotels Company Limited has informed the Exchange regarding a press release dated October 21, 2026, titled "IHCL ANNOUNCES FINANCIAL RESULTS FOR Q2 FY2027".

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October 21, 2026 The Secretary, Listing Department The Manager, Listing Department BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza, 5th Floor, Plot No. C/1, Dalal Street Bandra Kurla Complex, Bandra (E) Mumbai – 400 001 Mumbai 400 051 Scrip Code: 500850 Scrip Code: INDHOTEL Sub: Press Release Dear Madam, Sir, In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, as amended, please find enclosed herewith a copy of the Press Release titled “IHCL Announces Financial Results for Q2 FY2027” The above information is also being made available on the Company’s website at https://www.ihcltata.com/. This is for your information and records. Yours Sincerely, For The Indian Hotels Company Limited Melisa Alva Senior Vice President & Company Secretary Mem No: A34774 Place: Mumbai PRESS RELEASE IHCL ANNOUNCES FINANCIAL RESULTS FOR Q2 FY2027 18TH CONSECUTIVE RECORD QUARTER: BEST EVER Q2 UPGRADES FY2027 REVENUE GUIDANCE BY 300 BASIS POINTS REVENUE UP BY 21% AT INR 2,566 CRORES; HOTEL SEGMENT UP BY 24% EBITDA UP BY 21% AT INR 788 CRORES; PAT UP BY 23% AT INR 349 CRORES DIVERSIFIED BRANDSCAPE POWERS PORTFOLIO TO 670 HOTELS MUMBAI, OCTOBER 21, 2026: The Indian Hotels Company Limited (IHCL), India’s largest hospitality company, reported its consolidated financials for second quarter and half year ending September 30, 2026. Mr. Puneet Chhatwal, Managing Director & CEO, IHCL, said, “Q2 FY2027 marks the eighteenth consecutive record quarter with a Consolidated Revenue of INR 2,566 crores, up 21% over the previous year. For the quarter EBITDA stood at INR 788 crores with EBITDA margin at 30.7% and PAT of INR 349 crores, up 23%. This consistent performance is a testament to IHCL’s scalable and diversified operating model, which enables robust growth while preserving margin strength. The operating revenue and operating EBITDA grew by 22% and 24% respectively with a margin expansion of 50 basis points. The revenue drivers were rise of 25% in RevPAR from domestic same store hotels, 25% increase in management fee income led by new openings momentum, 25% revenue growth in Select Service Business and the contribution from our recent acquisitions of Brij and Atmantan. He added, “With 47 signings in the first half across the brandscape, IHCL today is a portfolio of 670 hotels and is set to achieve its guidance under Accelerate 2030 of a 700-hotel portfolio well ahead of time. Building on its first-half performance, IHCL is upgrading its Consolidated Revenue guidance from 12-14% to 15-17% growth for FY2027 led by 17-19% hotel segment revenue with seasonally strong quarters ahead, high demand from social and MICE events and our strong non-like-for-like growth.” Mr. Ankur Dalwani, Executive Vice President and Chief Financial Officer, IHCL said, “In Q2 FY2027, IHCL Standalone reported an operating Revenue of INR 1,336 crores, 26% over the previous year, operating EBITDA of INR 520 crores, up 40%, driving a strong operating EBITDA margin of 38.9%, an expansion of 400 basis points and a PAT of INR 393 crores, an increase of 36%. The performance in the quarter in the standalone entity was bolstered by RevPAR growth of 28% in full-service same store hotels led by marquee events in the capital and contribution from renovated assets in key markets of Goa, Delhi, Bengaluru and Udaipur. Maintaining a strong balance sheet, IHCL Consolidated reported a gross cash of INR 4,369 crores as on September 30th, 2026.” He added, “In the quarter, we also announced merger of OHL with IHCL, which will simplify group holding structure, expand asset management opportunities and accelerate long term revenue growth. The Scheme has been filed with the Stock Exchanges with an Appointed Date of April 1, 2027.” OTHER HIGHLIGHTS PORTFOLIO GROWTH - IHCL signed 47 hotels in the first half of FY2027 reaching a portfolio of 670 hotels with an industry leading pipeline of 280 hotels totaling more than 32,000 rooms. - IHCL’s H1 signings are well represented across segments from 4 Taj hotels, a Brij and an Atmantan in luxury to driving scale in the mid-scale segment with 19 signings in Ginger and Tree of Life. The other key signings included 12 under Gateway brand and 8 under the SeleQtions platform. - With the opening of 20 hotels in H1, the operating portfolio stood at 390 hotels. These included Taj in Frankfurt, Kruger in South Africa, Lucknow and Tadoba and increased our presence in the key lodging markets of Mumbai, Gurugram, Goa and Hyderabad across IHCL’s other brands. - Ginger opened its 100th operating hotel, making it the first brand across hospitality segments in India to achieve this milestone. PAATHYA | IHCL’S INDUSTRY-LEADING ESG+ FRAMEWORK About The Indian Hotels Company Limited The Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj – the iconic brand for the most discerning travellers and ranked as World’s Strongest Luxury Hotel Brand 2026 and India’s Strongest Brand 2026 as per Brand Finance; Claridges Collection, a curated set of boutique luxury hotels merging elegance with historical charm; Brij, an experiential leisure offering; Atmantan, one of India’s leading integrated wellness destinations; SeleQtions, a named collection of hotels; Clarks, retreats set amid storied locales; Gateway, full-service hotels designed to be your gateway to exceptional destinations; Vivanta, sophisticated upscale hotels; Tree of Life, private escapes in tranquil settings and Ginger, which is revolutionising the mid-scale segment. Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel – The Taj Mahal Palace, in Bombay in 1903. IHCL has a portfolio of 670 hotels including 280 in the pipeline globally across 4 continents, 15 countries and over 300 locations. The Indian Hotels Company Limited (IHCL) is India’s largest hospitality company by market capitalization. Please visit: IHCL; Taj; Claridges Collection; Brij; Atmantan; SeleQtions; Clarks; Gateway; Vivanta; Tree of Life; Ginger For media queries, please contact: corpcomm@ihcltata.com IHCL AWARDS & ACCOLADES FY2027 BRAND FINANCE’S COVETED 'INDIA 100 2026' REPORT - TAJ RECOGNISED AS INDIA’S STRONGEST BRAND ACROSS SECTORS FOR THE SIXTH TIME TAJ IS WORLD'S STRONGEST LUXURY HOTEL BRAND 2026 FOR THE FIFTH TIME AS PER BRAND FINANCE UK’S 'HOTELS 50 2026' REPORT THREE MICHELIN KEYS • TAJ LAKE PALACE, UDAIPUR • TAJ FALAKNUMA PALACE, HYDERABAD ONE MICHELIN KEY • TAJ MAHAL, NEW DELHI GLOBAL MICHELIN KEYS • TAJ RISHIKESH RESORT & SPA, UTTARAKHAND 2025 • TAJ USHA KIRAN PALACE, GWALIOR • TAJ MAHAL TOWER, MUMBAI • TAJ MAHAL PALACE, MUMBAI • NADESAR PALACE, VARANASI • TAJ DEVI RATN RESORT & SPA, JAIPUR CONDÉ NAST TRAVELER • TAJ FALAKNUMA PALACE, HYDERABAD 2026 TRIPLE CROWN • UMAID BHAWAN PALACE, JODHPUR AWARDS INDIA • BRIJRAMA PALACE, VARANASI • TAJ FALAKNUMA PALACE, HYDERABAD • TAJ LAKE PALACE, UDAIPUR • THE TAJ MAHAL PALACE, MUMBAI CN TRAVELLER UK READERS • UMAID BHAWAN PALACE, JODHPUR CHOICE AWARDS 2026 • TAJ PALACE, NEW DELHI • RAMBAGH PALACE, JAIPUR ASIA • TAJ EXOTICA RESORT & SPA, ANDAMANS • TAJ RISHIKESH RESORT & SPA, UTTARAKHAND BEST RESORTS IN INDIA TRAVEL LEISURE WORLDS • RAMBAGH PALACE, JAIPUR BEST AWARDS 2026 BEST HOTELS IN INDIA • TAJ MAHAL, NEW DELHI TIMELESS ICONIC RESTAURANT (INDIA) CULINARY CULTURE • THE TAJ MAHAL PALACE, MUMBAI AWARDS 2026 THREE STARS • LOYA, TAJ PALACE, NEW DELHI TOP 20 HOTELS IN INDIA • TAJ FALAKNUMA PALACE, HYDERABAD • TAJ LAKE PALACE, UDAIPUR • RAMBAGH PALACE, JAIPUR • UMAID BHAWAN PALACE, JODHPUR TATLER BEST INDIA BEST HOTEL IN INDIA • TAJ FALAKNUMA PALACE, HYDERABAD TOP 20 BEST HOTELS IN INDIA BEST DESTINATION HOTEL • TAJ LAKE PALACE, UDAIPUR BEST DESTINATION HOTEL • TAJ LAKE PALACE, UDAIPUR TATLER BEST-IN-CLASS BEST FAMILY [Showing first 8,000 characters — download PDF for full document]