Chalet Hotels Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.
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Chalet Hotels Limited reported strong financial results for FY2026 with revenue from operations growing 61% to Rs 27,697.53 million from Rs 17,178.25 million in FY2025. The Bengaluru residential project contributed Rs 7,383.12 million in revenue, significantly boosting overall performance. Profit after tax surged to Rs 6,450.17 million compared to Rs 1,424.94 million in the previous year. The company declared a final dividend of Re. 1 per equity share and announced dilution of its stake in subsidiary Chalet Airport Hotel Private Limited from 100% to 70%. The board also approved raising funds up to Rs 10,000 million via NCDs or commercial paper. Post year-end, the company approved acquisition of Seasons Hotels Private Limited (144-room hotel in Udaipur) for Rs 1,710 million.
The company delivered exceptional growth with PAT growth exceeding 350%, driven by the residential project completion. Shareholders can expect positive sentiment given the strong profitability and dividend declaration, though the ongoing legal matter regarding leasehold rights at the Navi Mumbai hotel requires monitoring.