Viceroy Hotels Ltd Poised for Strong Growth as Expansion Momentum Accelerates

Viceroy Hotels Limited, one of India's leading leisure hospitality providers, announced its audited financial results for the quarter and year ended March 31, 2026.

Highlights

- Revenue from operations grew 36.9% YoY to Rs. 48.4 Cr in Q4 FY26, steady momentum across hospitality operations and apartments, while FY26 revenue grew 4.3% YoY to Rs. 143.2 Cr.

- EBITDA increased 43.7% YoY to Rs. 15.6 Cr during the quarter, with EBITDA margins expanding 183 bps YoY to 31.4%, reflecting operating leverage due to disciplined cost management.

- PAT for Q4 FY26 stood at Rs. 6.0 Cr, impacted by higher finance costs and depreciation related to expansion, renovation and acquisition-led investments.

- Room revenue from Executive Apartments continued to witness healthy traction with FY26 room revenue growing 10.0% YoY to Rs. 33.2 Cr, while hotel room revenues remained broadly stable amid softer hospitality demand conditions during the quarter.

Commenting on the Results Mr. Ravinder Reddy Kondareddy| Managing Director & CEO said, - "We are pleased to report a quarter of stable operating performance despite a relatively softer business environment due to ongoing West Asia crisis. The hospitality sector continued to witness the impact of geopolitical tensions, regional conflicts and intermittent travel disruptions during the quarter; however, our performance remained resilient with our company delivering 37% growth in revenue from operations in Q4 FY26. During the quarter, we remained focused on operational efficiencies and disciplined execution while continuing to progress our renovation and expansion initiatives in a phased manner. These efforts continue to strengthen the long-term positioning of our hospitality portfolio and support sustainable stakeholder value creation."

Source : Equity Bulls

Keywords

ViceroyHotels Q4FY26 Q4FY2026 FY26 FY2026 ResultUpdate