The Indian Hotels Company Limited — Quarter and year ended March 31, 2026
The following tables are extracted from the provided quarterly results document (amounts in ₹ lakhs as indicated in the statements).
| Particulars | Quarter Ended 31.03.2026 (Audited) (Refer Note 4) | Quarter Ended 31.12.2025 (Reviewed) | Quarter Ended 31.03.2025 (Audited) (Refer Note 4) | Year Ended 31.03.2026 (Audited) | Year Ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|
| Revenue | |||||
| Revenue from Operations | 166,063 | 161,384 | 147,633 | 537,955 | 491,654 |
| Other Income | 6,020 | 4,038 | 5,480 | 26,061 | 22,855 |
| Total Income | 172,083 | 165,422 | 153,113 | 564,016 | 514,509 |
| Expenses | |||||
| Food and Beverages Consumed | 10,407 | 11,827 | 10,194 | 37,570 | 35,029 |
| Employee Benefit expenses and Payment to Contractors | 26,675 | 25,880 | 25,612 | 101,971 | 94,232 |
| Finance Costs | 2,512 | 2,516 | 2,435 | 9,994 | 10,005 |
| Depreciation and Amortisation expense | 7,461 | 6,919 | 6,849 | 27,757 | 25,725 |
| Other Operating and General Expenses | 49,761 | 47,941 | 43,983 | 170,148 | 159,191 |
| Total Expenses | 96,816 | 95,083 | 89,073 | 347,440 | 324,182 |
| Profit/ (Loss) before Exceptional Items and Tax | 75,267 | 70,339 | 64,040 | 216,576 | 190,327 |
| Exceptional Items (Refer Note 7) | (1,159) | 43,346 | (1,287) | 42,187 | (1,624) |
| Profit/ (Loss) Before Tax | 74,108 | 113,685 | 62,753 | 258,763 | 188,703 |
| Tax Expense | |||||
| Other than Exceptional Items: | |||||
| Current Tax | 18,753 | 17,530 | 16,064 | 53,172 | 49,859 |
| Deferred Tax expense/ (credit) | (409) | (86) | (1,431) | 216 | (2,479) |
| Exceptional Items: | |||||
| Tax on Exceptional Items (including Deferred Tax (net)) | – | 4,181 | – | 4,181 | – |
| Total Tax Expense | 18,344 | 21,625 | 14,633 | 57,569 | 47,380 |
| Profit/ (Loss) After Tax | 55,764 | 92,060 | 48,120 | 201,194 | 141,323 |
| Other Comprehensive Income | |||||
| Items that will not be reclassified subsequently to profit or loss | |||||
| Change in fair value of equity instruments | (17,403) | 718 | (3,770) | (17,503) | (4,584) |
| Remeasurement of defined benefit obligation | (676) | 645 | (517) | (695) | (808) |
| Add/ (Less):- Income tax credit/ (expense) | 125 | (155) | 125 | 134 | 177 |
| Other Comprehensive Income, net of tax | (17,954) | 1,208 | (4,162) | (18,064) | (5,215) |
| Total Comprehensive Income | 37,810 | 93,268 | 43,958 | 183,130 | 136,108 |
| Paid-up Equity Share Capital (Face value per share – ₹ 1 each) | 14,234 | 14,234 | 14,234 | 14,234 | 14,234 |
| Other equity | 1,262,461 | 1,111,358 | |||
| Earnings Per Share (Face value – ₹ 1 each) | |||||
| Basic and Diluted (* not annualised) | * 3.91 | * 6.47 | * 3.38 | 14.13 | 9.93 |
| Particulars | As at 31.03.2026 (Audited) | As at 31.03.2025 (Audited) |
|---|---|---|
| ASSETS | ||
| Non-current assets | ||
| Property, plant and equipment | 291,617 | 281,419 |
| Capital work-in-progress | 6,252 | 5,158 |
| Right-of-Use assets | 103,067 | 103,840 |
| Intangible assets | 11,290 | 6,896 |
| Intangible assets under development | 231 | 5,676 |
| Financial assets | ||
| – Investments | 695,705 | 639,283 |
| – Loans | 9,764 | 14,775 |
| – Other financial assets | 9,020 | 7,775 |
| Income tax assets (net) | 1,465 | 7,362 |
| Other non-current assets | 20,190 | 20,300 |
| 1,148,601 | 1,092,484 | |
| Current assets | ||
| Inventories | 9,418 | 8,819 |
| Financial assets | ||
| – Investments | 193,956 | 51,639 |
| – Trade receivables | 51,370 | 45,066 |
| – Cash and cash equivalents | 8,033 | 4,151 |
| – Other Balances with Banks | 125,978 | 169,257 |
| – Loans | 654 | 305 |
| – Other financial assets | 14,289 | 11,955 |
| Other current assets | 9,297 | 7,217 |
| 412,995 | 298,409 | |
| Total | 1,561,596 | 1,390,893 |
| EQUITY AND LIABILITIES | ||
| Equity | ||
| Equity share capital | 14,234 | 14,234 |
| Other equity | 1,262,461 | 1,111,358 |
| 1,276,695 | 1,125,592 | |
| Liabilities | ||
| Non-current liabilities | ||
| Financial liabilities | ||
| – Lease liabilities | 114,985 | 113,718 |
| – Other financial liabilities | 1,451 | 1,132 |
| Provisions | 12,014 | 7,138 |
| Deferred tax liabilities (net) | 8,663 | 11,065 |
| 137,113 | 133,053 | |
| Current liabilities | ||
| Financial liabilities | ||
| – Lease liabilities | 3,206 | 2,884 |
| – Trade payables | ||
| — Dues of micro enterprises and small enterprises | 5,475 | 1,470 |
| — Dues of creditors other than micro enterprises and small enterprises | 37,036 | 29,926 |
| – Other financial liabilities | 32,841 | 39,350 |
| Provisions | 26,012 | 21,451 |
| Other current liabilities | 43,218 | 37,167 |
| 147,788 | 132,248 | |
| Total | 1,561,596 | 1,390,893 |
| Particulars | Year Ended 31.03.2026 (Audited) | Year Ended 31.03.2025 (Audited) |
|---|---|---|
| Cash Flow From Operating Activities | ||
| Profit/ (Loss) before tax | 258,763 | 188,703 |
| Adjustments to reconcile net profit to net cash generated from/ (used in) Operating activities: | ||
| Gain on investments carried at fair value through statement of profit and loss | (7,461) | (951) |
| Profit on sale of Current Investments | (2,361) | (3,286) |
| Profit on sale of Non-Current Investments | (55,012) | – |
| Provision for impairment of investment in a subsidiary | 1,159 | 1,624 |
| Unrealised Exchange (Gain)/ Loss (net) | (97) | (1) |
| Depreciation and amortisation expenses on Property, plant and equipment and Intangible Assets | 22,936 | 21,225 |
| Amortisation expenses on Right-of-Use assets | 4,821 | 4,499 |
| Net (Gain)/ Loss on disposal of Property, plant and equipment | (45) | (15) |
| Assets written off | 168 | 343 |
| Allowance for doubtful debts and advances | 255 | 316 |
| Dividend income | (7,272) | (6,317) |
| Interest income | (7,603) | (10,205) |
| Finance costs | 73 | 166 |
| Interest on Lease liability | 9,921 | 9,839 |
| Provision for disputed claims | 4,255 | 1,235 |
| Provision for Employee Benefits | 4,487 | 601 |
| (31776) | 19,073 | |
| Cash Operating Profit before working capital changes | 226,987 | 207,776 |
| Adjustments for (increase)/ decrease in operating assets: | ||
| Inventories | (599) | (1,393) |
| Trade receivables | (6,606) | (5,082) |
| Other financial assets | (4,159) | (2,454) |
| Other assets | (2,529) | 278 |
| (13893) | (8,651) | |
| Adjustments for increase/ (decrease) in operating liabilities: | ||
| Trade payables | 11,025 | (4,287) |
| Other financial liabilities | (5,139) | 1,856 |
| Other liabilities | 6,051 | 4,522 |
| 11,937 | 2,091 | |
| Cash Generated From/(Used In) Operating Activities | 225,031 | 201,216 |
| Income taxes (paid)/ refund | (53,602) | (49,501) |
| Net Cash Generated From/(Used In) Operating Activities (A) | 171,429 | 151,715 |
| Cash Flow From Investing Activities | ||
| Payments for purchase of property, plant and equipment | (33,016) | (34,123) |
| Proceeds from disposal of property, plant and equipment | 259 | 653 |
| Payment for acquisition of Right-of-Use assets | – | (1,200) |
| Purchase of current investments | (438,700) | (239,738) |
| Sale of current investments | 306,206 | 256,501 |
| Purchase of non-current investments | (77,985) | (24,686) |
| Sale of non-current investments | 59,046 | – |
| Repayment of other contractual liabilities towards purchase of shares | (2,500) | – |
| Interest received | 8,196 | 7,698 |
| Dividend received | 7,272 | 6,317 |
| Long-term deposits placed for Hotel properties | – | (1,500) |
| Long-term deposits placed for Hotel properties received | 100 | 100 |
| Short-term deposits placed for Hotel properties | (710) | – |
| Short-term deposits placed for Hotel properties received | 296 | – |
| Long-term deposits placed with related parties | (11,200) | (14,550) |
| Long-term deposits repaid by related parties | 16,250 | 350 |
| Long-term deposits placed with others | (580) | (265) |
| Long-term deposits repaid by others | 136 | 235 |
| Short-term deposits placed with related parties | (10,200) | – |
| Short-term deposits repaid by others | 255 | – |
| Short-term deposits repaid by related parties | 10,000 | – |
| Bank Balances not considered as Cash and cash equivalents | 43,279 | (77,772) |
| Net Cash Generated From/(Used In) Investing Activities (B) | (123,596) | (121,980) |
| Cash Flow From Financing Activities | ||
| Dividend including unclaimed dividend | (31,940) | (24,832) |
| Payment of lease liabilities | (12,004) | (11,222) |
| Interest and other borrowing costs paid | (7) | (5) |
| Net Cash Generated From/(Used In) Financing Activities (C) | (43,951) | (36,059) |
| Net Increase/ (Decrease) In Cash and Cash equivalents (A + B + C) | 3,882 | (6,324) |
| Cash and Cash Equivalents – Opening | 4,151 | 10,475 |
| Cash and Cash Equivalents – Closing | 8,033 | 4,151 |
| Particulars | Quarter Ended 31.03.2026 (Audited) | Quarter Ended 31.12.2025 (Reviewed) | Quarter Ended 31.03.2025 (Audited) | Year Ended 31.03.2026 (Audited) | Year Ended 31.03.2025 (Audited) |
|---|---|---|---|---|---|
| Profit on sale of entire equity stake in a joint venture company (Refer note 8) | – | 55,012 | – | 55,012 | – |
| Key Money for securing of long-term management contracts | – | (2,950) | – | (2,950) | – |
| Provision for contingencies for certain matters | – | (2,500) | – | (2,500) | – |
| Impact on account of New Labour Codes (Refer Note 9) | – | (4,351) | – | (4,351) | – |
| Property tax paid under amnesty scheme for a hotel property | – | (1,865) | – | (1,865) | – |
| Provision for impairment in a subsidiary that incurred losses | (1,159) | – | (1,287) | (1,159) | (1,624) |
| Total | (1,159) | 43,346 | (1,287) | 42,187 | (1,624) |
| Particular