CHALET · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Chalet Hotels reported strong FY26 results with total income of Rs 28,124 million, up 60% from Rs 17,541 million in FY25. Profit before tax nearly doubled to Rs 8,187 million from Rs 4,343 million. Net profit surged 423% to Rs 6,450 million from Rs 1,425 million, driven by the Bengaluru residential project completing (Rs 7,383 million revenue). Operating margin improved from 34% to 36%, and net margin doubled to 23%. By segment: Hospitality revenue grew 14% to Rs 17,311 million, Rental/Annuity rose 55% to Rs 3,061 million. The Board approved raising up to Rs 10,000 million via NCDs/Commercial Paper, diluting stake in subsidiary WOS from 100% to 70% (Rs 385 crore investment), recommended final dividend of Rs 1/share (total Rs 219 million, following Rs 1 interim dividend already paid), and approved acquisition of Seasons Hotels Private Limited for Rs 1,710 million (144-room hotel in Udaipur).
The massive profit surge and margin expansion signal strong operational performance. The dividend, strategic fund-raising approval, and acquisition announcement suggest management is confident and actively expanding. However, partial stake dilution in the airport hotel subsidiary represents some value transfer away from parent company shareholders. The stock could see positive reaction given the earnings beat and expansion plans.