The Indian Hotels Company500850Hospitality, hotels
Indian Hotels CEO Puneet Chatwal discussed Q2 results, raised revenue guidance to 15-17%, citing strong performance across hotels, Ginger and Tat Sad businesses
By ScoutQuest · · 1 min read
- Revised revenue guidance
- 15 to 17 percent
- Hotel segment guidance
- 17 to 19 percent
- Top line growth excluding one hotel
- 16 percent
- Tat Sad revenue
- 1,500 crore rupees
- Ginger revenue
- 1,000 plus crore rupees
Heard on business television between 10:51:46 - 10:54:46 IST.
- Chatwal said excluding one large hotel's impact, top line growth would still be 16%, which he called very good.
- Guidance raised to 15-17% from earlier range, with hotel segment expected to grow 17-19%.
- Upside seen from airline catering business if West Asia crisis subsides and international air travel improves.
- He highlighted diversification over 8 years across brands, geography and contract types, including Dubai management contracts with dollar-denominated fee income currently subdued but a potential upside.
- Said company now has strong cash reserves and no debt, allowing it to withstand even a 50% margin drop and remain profitable, citing lessons from 2020 Covid crisis.
- Said Tat Sad business nearing 1,500 crore rupees revenue, Ginger nearing 1,000+ crore rupees revenue, and together with Ginger they would provide more EBITDA than entire Indian Hotels did in 2017-18.
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Source: Live TV News Channel · 22 Oct 2026
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