Chalet Hotels Q2: Profit Jumps 40%, Hospitality Revenue Rises | Top Management On Outlook
Business Today · 05 Nov 2026 · 17 min
Management interview of Chalet Hotels Ltd (CHALET), with 11 key numbers discussed.
- Shwetank Singh, MD & CEO, Chalet Hotels
Chalet Hotels MD & CEO Shwetank Singh clarified that the consolidated revenue drop was due to a high base effect from residential sales. Core business revenue from hospitality and commercial real estate rose 11% YoY, with EBITDA growing 13% and margins expanding 110 bps. The company plans Rs 3,500 cr capex over the next three years to add 2,036 keys and 1 mn sq ft of office space. Debt remains manageable at Rs 2,100 cr, largely funded via strong internal cash flows. Singh expects portfolio expansion and key property openings in early FY28 to support late-teens growth.