Chalet Hotels (CHALET) investor relations material

Executive summary

• Achieved record consolidated revenue of INR 28,124 million for FY26, up 60% year-on-year, driven by residential revenue recognition and robust hospitality and CRE performance.

• EBITDA grew 59% year-on-year to INR 12,301 million, with margin at 43.7%; profit after tax rose 353% to INR 6,450 million.

• Portfolio surpassed 5,000 keys with 7 projects in pipeline, including major additions in Hyderabad and Udaipur.

• DJSI Corporate Sustainability Assessment Score rose to 82, ranking second globally among hospitality peers.

• Audited standalone and consolidated financial results for FY26 were approved with an unmodified audit opinion; board recommended a final dividend of Re.1 per share.

Financial highlights

• Q4 FY26 consolidated revenue increased 6% year-on-year to INR 5,711 million; EBITDA up 8% to INR 2,786 million, margin at 48.8%.

• FY26 profit after tax was INR 6,450 million; EPS at INR 29.50.

• Excluding residential, FY26 revenue grew 18% year-on-year to INR 20,741 million; EBITDA up 21% to INR 9,573 million.

• Residential segment recognized revenue of INR 7,383 million and EBITDA of INR 2,728 million from 152 units handed over.

• Consolidated net profit margin for FY26 was 23%, up from 8% in FY25.

Outlook and guidance

• Planned CapEx of INR 30 billion over FY27–FY29, primarily funded through internal accruals.

• CRE monthly rentals expected to scale to INR 300 million in FY27; commissioning of Cignus II in FY28 to drive further growth.

• Strong pipeline with ~1,655 rooms and 0.9 msf commercial space under construction or planning, including Ritz Carlton Hyderabad and Taj at Delhi International Airport.

• Portfolio expansion to over 5,000 keys, with continued focus on both business and leisure segments.

• Board approved acquisition of Seasons Hotels Private Limited for INR 1,710 million.