INDHOTEL : CARE UPGRADES LONG-TERM BANK FACILITY RATING TO CARE AAA; STABLE

• CARE Ratings upgraded long-term rating on ₹393 Cr bank facilities to CARE AAA; Stable from CARE AA+; Stable • Short-term rating reaffirmed at CARE A1+ • FY26 consolidated total operating income up 16.3% y-o-y at ₹9,690 Cr; PAT at ₹2,247.25 Cr • PBILDT margin 33.0% in FY26 (FY25: 33.3%); RevPAR ₹14,398 v ₹13,428 (FY25) • Overall gearing improved to 0.22x as on March 31, 2026 (PY: 0.28x); company in net cash position • 382 operational hotels with 33,609 room keys as on June 30, 2026; 32:68 capital-heavy to capital-light mix

The Indian Hotels Company Limited

Open attachment

← Back to feed