Chalet Hotels Q4 profit rises 32% as hotel room rates and rental income grow

Chalet Hotels reported a rise in fourth-quarter profit on Thursday, May 14, supported by steady growth in its hospitality and commercial real estate businesses.

The company posted a consolidated net profit of ₹163 crore for the quarter ended March 31, up 31.7% from ₹124 crore a year earlier. Revenue from operations rose 7% year-on-year to ₹558.2 crore, while EBITDA increased 10.1% to ₹265.8 crore.

EBITDA margin improved to 47.6% from 46.2% a year earlier, the filing showed.

Chalet Hotels' hospitality segment reported revenue of ₹470 crore during the quarter, up 3% from the corresponding period last year. Average room rate (ARR) rose 8% year-on-year to ₹15,456, while hospitality EBITDA stood at ₹220 crore with margins of 47.4%.

The company’s commercial real estate, or rental and annuity, business posted strong growth, with revenue rising 37% year-on-year to ₹84.7 crore. EBITDA from the segment climbed 42% to ₹70.8 crore, with margins at 83.6%.

Managing Director and CEO Shwetank Singh said the company delivered resilient operational and financial performance despite geopolitical volatility, disruptions in the aviation sector and extreme weather conditions during the year.

He added that Chalet Hotels continued to see pricing-led growth across key markets and strengthened its long-term pipeline through expansion into Hyderabad and Udaipur, alongside progress in its residential business.

Separately, the board declared a final dividend of ₹1 per equity share of face value ₹10 each, amounting to ₹21.89 crore, according to the exchange filing.

Shares of Chalet Hotels ended marginally higher on Thursday, May 14, by 0.81% at 750.00 on the NSE.

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