Chalet Hotels Limited announces its financial results for the second quarter of fiscal year 2026, ending September 30, 2025, showcasing robust performance and key strategic milestones.
Key Highlights – Q2FY26 (Excluding Residential):
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Revenue: INR 4.6 billion, up 20% YoY
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EBITDA: INR 2.0 billion, up 25% YoY
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EBITDA Margin: Expanded by 1.4 percentage points to 43.4%
Chalet Hotels also unveiled ATHIVA Hotels & Resorts, a premium lifestyle hospitality brand founded on the pillars of joy, wellness, and sustainability. This launch positions Chalet Hotels to capture the growing demand for premium experiential travel and offers a scalable platform for future developments under a unified brand architecture.
In a further demonstration of its commitment to shareholder value, the Board declared the company’s maiden interim dividend of ₹1 per equity share (face value ₹10 each).
The company achieved a 10% year-on-year room inventory growth, driven by acquisitions and new additions, and proudly became the first hospitality brand to achieve Climate Group’s EV100 target, reinforcing its leadership in sustainability.
In the residential segment, 55 flats were handed over to owners at the Koramangala, Bengaluru project during Q2FY26.
Development Pipeline Update
Chalet Hotels Limited continues to make steady progress on its upcoming projects:
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The Taj at Delhi Airport – Construction is advancing on schedule, with completion targeted for H1 FY27.
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Varca Beachfront Resort, Goa – Development remains on track, with delivery expected in FY28.
Management Commentary
Commenting on the financial results, Dr. Sanjay Sethi, Managing Director & CEO, Chalet Hotels Limited, said:
“Chalet delivered a strong and steady performance this quarter, reaffirming the resilience of our diversified portfolio and the power of our operational discipline. Even amid volatile external conditions, from unpredictable weather to geopolitical shifts, our teams executed with clarity, consistency, and purpose.
The quarter also marked a strategic milestone with the debut of Athiva Hotels & Resorts, Chalet’s own premium lifestyle brand anchored in joy, wellness, and sustainability. The transformation of the iconic The Dukes Retreat into Athiva Resort & Spa, Khandala sets the stage for a broader brand roll-out in the years ahead, strengthening Chalet’s position as an integrated and future-ready hospitality platform.
As I near the close of my tenure as MD & CEO, I am deeply proud of the leadership depth we have built. The seamless transition with Shwetank and the leadership team gives me full confidence in Chalet’s continued growth momentum and its enduring commitment to long-term value creation.”
