CHALETNSEChalet Hotels LimitedMediumNeutral
Announced Fri, 22 May · 11:41 IST

Chalet Hotels Limited has informed the Exchange about Transcript

Cfo Debt Reduction RoadmapInvestor Communications View source PDF

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Price reaction · full curve 14 horizons · vs prior close
-0.9%1-day move
₹802.90
prior close
₹796.30
base price
In-mkt
timing
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+0.1+0.2+0.1+0.1-0.9-1.5-0.5-2.9-2.9-3.7-6.1+1.9+2.3
Up moveDown movePending
AI summary

Chalet Hotels reported FY26 consolidated revenue of INR28,124 million (up 60% YoY) and EBITDA of INR12,301 million (up 59% YoY), crossing INR25 billion and INR10 billion marks respectively. Q4 revenue was INR5,711 million (up 6% YoY) with EBITDA margin improving 100 bps to 48.8%. The company added 2 new projects to its pipeline: Udaipur Resort (144 keys, INR1,710 million acquisition) and Ritz-Carlton Hyderabad (330 keys, INR5,600 million fit-out cost). Total key count now exceeds 5,000. Q4 RevPAR declined 3% YoY due to geopolitical tensions causing ~9,000 room night cancellations from foreign tourists, primarily impacting Mumbai properties. Management maintained confidence in H2 FY27 recovery as tensions ease. Net debt reduced from INR25 billion to ~INR19 billion over 2 years, with planned capex of ~INR30 billion over FY27-FY29 expected to be funded through internal accruals.

Likely market impact

Short-term pressure from RevPAR decline and foreign tourist cancellations offset by strong full-year performance and margin expansion. Management's clear debt reduction roadmap and internal accrual-funded growth capex provide balance sheet confidence for shareholders.