{"id":173146,"date":"2026-01-14T06:41:44","date_gmt":"2026-01-14T11:41:44","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=173146"},"modified":"2026-01-14T06:41:44","modified_gmt":"2026-01-14T11:41:44","slug":"oriental-hotels-q3-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/oriental-hotels-q3-fy26-earnings-results\/","title":{"rendered":"Oriental Hotels Q3 FY26 Earnings Results"},"content":{"rendered":"\n<p>Oriental Hotels Limited is an associate company of The Indian Hotels Company Limited (IHCL). The company has seven hotels \u2013 Taj Coromandel, Chennai; Taj Fisherman\u2019s Cove Resort &amp; Spa, Chennai; Taj Malabar Resort &amp; Spa, Cochin; Vivanta Coimbatore; Vivanta Mangalore; The Gateway Hotel Pasumalai, Madurai; and Gateway Coonoor \u2013 an IHCL SeleQtions hotel.<\/p>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Q3 FY26 Earnings Results<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue from Operations: \u20b9139.25 crore, up 26% QoQ from \u20b9110.50 crore in Q2 FY26 and up 14% YoY from \u20b9122.00 crore in Q3 FY25.<\/li>\n\n\n\n<li>EBITDA: \u20b942.0 crore, up 21% YoY from \u20b934.7 crore in Q3 FY25; EBITDA margin at 30.0%, <a href=\"https:\/\/www.bseindia.com\/xml-data\/corpfiling\/AttachLive\/3cc22b9c-ccd2-4a51-85bb-1c3315c340a5.pdf\" target=\"_blank\" rel=\"noopener\">expanding<\/a> ~160 bps YoY from 28.4%.<\/li>\n\n\n\n<li>Profit Before Tax (PBT): Approximately \u20b927, up sharply QoQ and YoY in line with PAT growth and margin expansion on higher revenue.<\/li>\n\n\n\n<li>Profit After Tax (PAT): \u20b920.70 crore, up 63% QoQ from \u20b912.70 crore in Q2 FY26 and up 44% YoY from \u20b914.40 crore in Q3 FY25.<\/li>\n\n\n\n<li>PAT margin: Roughly 14.8% in Q3 FY26 versus about 11.5% in Q2 FY26 and 11.8% in Q3 FY25, reflecting operating leverage and cost efficiencies.<\/li>\n\n\n\n<li>Operating highlights: Strong improvement in occupancy and average room rates across key markets led to double\u2011digit revenue growth and healthy incremental margins.<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Management Commentary &amp; Strategic Decisions<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Management highlighted broad\u2011based strength across key leisure and business destinations, noting that robust demand in <strong>Chennai<\/strong> and Cochin, along with better mix in premium Taj\u2011branded properties, supported higher ARR and occupancies.<\/li>\n\n\n\n<li>The company attributed EBITDA margin expansion to tight cost control, improved operating leverage, and benefits from asset upgradation done over the past few years under the IHCL partnership.<\/li>\n\n\n\n<li>Strategic themes reiterated:\n<ul class=\"wp-block-list\">\n<li>Continued focus on premiumisation and yield management under the Taj\/IHCL platform to drive ARR\u2011led growth rather than pure volume expansion.<\/li>\n\n\n\n<li>Asset\u2011light growth where feasible, along with measured capex on refurbishments to keep properties competitive and aligned with IHCL\u2019s brand standards.<\/li>\n\n\n\n<li>ESG and energy efficiency: OHL is increasing its share of renewable energy consumption (around 61% in H1 FY26) in line with IHCL\u2019s ESG+ framework, which supports both sustainability goals and margin resilience.\u200b<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li>Management commentary and previews also indicate confidence in sustaining double\u2011digit revenue growth over the near term, backed by healthy demand visibility in corporate, MICE and leisure segments.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"839\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Oriental-Hotels-Q3FY26-Earnings-Results-839x1024.png\" alt=\"Oriental Hotels Q3 FY26 Earnings Results\" class=\"wp-image-173147\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Oriental-Hotels-Q3FY26-Earnings-Results-839x1024.png 839w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Oriental-Hotels-Q3FY26-Earnings-Results-246x300.png 246w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Oriental-Hotels-Q3FY26-Earnings-Results-768x937.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Oriental-Hotels-Q3FY26-Earnings-Results-1259x1536.png 1259w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Oriental-Hotels-Q3FY26-Earnings-Results.png 1489w\" sizes=\"auto, (max-width: 839px) 100vw, 839px\" \/><\/figure>\n\n\n\n<div style=\"height:35px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<h2 class=\"wp-block-heading\">Q2 FY26 Earnings Results<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Revenue from Operations: \u20b9110.48 crore range reported across disclosures; core result prints show about \u20b9110.48 crore, up 7% YoY from ~\u20b9103 crore and up 2.6% QoQ from \u20b9107.65 crore in Q1 FY26.<\/li>\n\n\n\n<li>EBITDA: \u20b931.05 crore, up 19% YoY from \u20b926.08 crore in Q2 FY25; implied EBITDA margin around 27% vs ~25% last year.\u200b<\/li>\n\n\n\n<li>Profit Before Tax (PBT): \u20b918.94 crore in Q2 FY26 vs \u20b912.62 crore in Q2 FY25 (up ~37% YoY), and up strongly QoQ from Q1 FY26.\u200b<\/li>\n\n\n\n<li>Profit After Tax (PAT): \u20b912.66 crore in Q2 FY26, up 38\u201352% YoY from \u20b98.38 crore and up ~20% QoQ from \u20b99.25 crore in Q1 FY26.<\/li>\n\n\n\n<li>PAT margin: Around 11% in Q2 FY26 versus roughly 8% in Q2 FY25, reflecting both revenue growth and operating discipline.<\/li>\n\n\n\n<li>H1 FY26: Revenue \u20b9222.26 crore, up 17% YoY; PAT \u20b921.37 crore, up 66% YoY, underscoring sustained improvement ahead of the strong Q3 festive season.\u200b<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\">Management Commentary &amp; Strategic Directions in Q2 FY26<\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The Managing Director &amp; CEO noted that Q2 FY26 showed \u201crobust\u201d growth with higher rates and stable occupancies across the portfolio, supported by sustained demand in the hospitality sector.<\/li>\n\n\n\n<li>Management emphasised that operating leverage from revenue growth, along with controlled cost escalation, drove the strong expansion in EBITDA and PAT compared to both the previous quarter and the prior year.<\/li>\n\n\n\n<li>Strategic focus in Q2 FY26 included:\n<ul class=\"wp-block-list\">\n<li>Continuing to ride the tailwinds in domestic tourism and corporate travel while leveraging IHCL\u2019s distribution, brand and loyalty ecosystem.<\/li>\n\n\n\n<li>Increasing renewable energy share and other ESG\u2011linked initiatives to improve long\u2011term cost structure and brand positioning.\u200b<\/li>\n\n\n\n<li>Maintaining a calibrated capex pipeline for room renovations and public\u2011area upgrades to sustain pricing power and guest experience.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p>To view the company\u2019s previous earnings and latest concall transcripts,\u00a0<a href=\"https:\/\/alphastreet.com\/india\/\">click here<\/a>\u00a0 to visit the Alphastreet India news channel.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Oriental Hotels Limited is an associate company of The Indian Hotels Company Limited (IHCL). The company has seven hotels \u2013 Taj Coromandel, Chennai; Taj Fisherman\u2019s Cove Resort &amp; Spa, Chennai; Taj Malabar Resort &amp; Spa, Cochin; Vivanta Coimbatore; Vivanta Mangalore; The Gateway Hotel Pasumalai, Madurai; and Gateway Coonoor \u2013 an IHCL SeleQtions hotel. Q3 FY26 [&hellip;]<\/p>\n","protected":false},"author":1863,"featured_media":173147,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,5749],"tags":[10436],"class_list":["post-173146","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-entertainment-stocks","tag-hotel-industry"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/Oriental-Hotels-Q3FY26-Earnings-Results.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":144336,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-indian-hotels-company-for-q4-fy23\/","url_meta":{"origin":173146,"position":0},"title":"Earnings Summary Of Indian Hotels Company For Q4 FY23","author":"Hardik Bhandare","date":"April 27, 2023","format":false,"excerpt":"Indian Hotels Company Limited is a leading hospitality company that operates luxury hotels, resorts, and palaces in India and abroad. The company operates under various brands such as Taj, SeleQtions, Vivanta, and Ginger. Taj is the flagship brand of IHCL and operates luxury hotels in major Indian cities and tourist\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-14.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-14.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-14.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-14.jpg?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-14.jpg?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/04\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-14.jpg?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":142771,"url":"https:\/\/alphastreet.com\/india\/earnings-summary-of-the-indian-hotels-company-limited-for-q3-fy23\/","url_meta":{"origin":173146,"position":1},"title":"Earnings Summary Of The Indian Hotels Company Limited For Q3 FY23","author":"Hardik Bhandare","date":"February 24, 2023","format":false,"excerpt":"Indian Hotels Company Limited (NSE: INDHOTEL) is a hospitality company and is part of the Tata Group. It was founded in 1903 and operates under various brands such as Taj, SeleQtions, Vivanta, and Ginger. IHCL has a presence in over 100 locations worldwide, including India, North America, the United Kingdom,\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":148685,"url":"https:\/\/alphastreet.com\/india\/indian-hotels-uncovering-hospitality-opportunities-in-the-market\/","url_meta":{"origin":173146,"position":2},"title":"Indian Hotels: Uncovering Hospitality Opportunities in the Market","author":"Hardik Bhandare","date":"June 16, 2023","format":false,"excerpt":"\u201cWe will continue on our journey of balancing the portfolio, not investing into single assets except for very key strategic investments like the Ginger in Santacruz or our combo development Vivanta and Ginger in Ekta Nagar which is Kevadia or where the Statue of Unity is, totaling 275 rooms. But\u2026","rel":"","context":"In &quot;LATEST&quot;","block_context":{"text":"LATEST","link":"https:\/\/alphastreet.com\/india\/category\/latest\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-5.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-5.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-5.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-5.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-5.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2023\/06\/898c572d-b97a-4c10-acd3-c5f4d9ad88be-5.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":169999,"url":"https:\/\/alphastreet.com\/india\/lemon-tree-hotels-q1-fy26-earnings-results\/","url_meta":{"origin":173146,"position":3},"title":"Lemon Tree Hotels Q1 FY26 Earnings Results","author":"Chirag Gupta","date":"August 11, 2025","format":false,"excerpt":"Lemon Tree Hotels Ltd is largest mid-priced and the third largest overall hotel chain in India. It operate in the upscale segment and in the mid-priced sector, consisting of the upper-midscale, midscale and economy segments. It delivers differentiated yet superior service offerings, with a value-for-money proposition. Presenting below are its\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Lemon Tree Hotels Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/3-6.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/3-6.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/3-6.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/3-6.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/3-6.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/3-6.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":171938,"url":"https:\/\/alphastreet.com\/india\/samhi-hotels-q2-fy26-earnings-results\/","url_meta":{"origin":173146,"position":4},"title":"Samhi Hotels Q2 FY26 Earnings Results","author":"Chirag Gupta","date":"October 29, 2025","format":false,"excerpt":"SAMHI is a prominent branded hotel ownership and asset management platform in India. SAMHI has long-term management arrangement with Marriott, IHG and Hyatt. \u00a0 Q2 FY26 Earnings Results Total Revenue: \u20b9292.97 crore, up 11.8% YoY from \u20b9262.13 crore, and up 7.6% QoQ from \u20b9272.21 crore in Q1 FY26. Consolidated EBITDA:\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"Samhi Hotels Q2 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Samhi-Hotels-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Samhi-Hotels-Q2-FY26-Earnings-Results.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Samhi-Hotels-Q2-FY26-Earnings-Results.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Samhi-Hotels-Q2-FY26-Earnings-Results.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Samhi-Hotels-Q2-FY26-Earnings-Results.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/10\/Samhi-Hotels-Q2-FY26-Earnings-Results.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179299,"url":"https:\/\/alphastreet.com\/india\/chalet-hotels-q3-fy26-earnings-results\/","url_meta":{"origin":173146,"position":5},"title":"Chalet Hotels Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 3, 2026","format":false,"excerpt":"Executive Summary Chalet Hotels Ltd reported Q3FY26 revenues of \u20b9582 crore, up 27.07% YoY, with consolidated net profit increasing 27.84% to \u20b9124 crore. Strong hospitality demand drove occupancy to 68% and RevPAR up 23% YoY, supported by rental income growth. Revenue & Growth Revenues grew to \u20b9582 crore from \u20b9458\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/CHALET.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/CHALET.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/CHALET.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/CHALET.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/CHALET.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/CHALET.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/173146","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1863"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=173146"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/173146\/revisions"}],"predecessor-version":[{"id":173148,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/173146\/revisions\/173148"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/173147"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=173146"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=173146"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=173146"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}