{
  "id": 16047035,
  "title": "Broker’s call: Indian Hotels (Buy)",
  "url": "https://urgent.news/2026/10/22/brokers-call-indian-hotels-buy",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-22T12:56:53.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/brokers-call-indian-hotels-buy/article71611502.ece"
  },
  "original_language": "en",
  "account": "Indian Hotels Company Ltd (IHCL) reported impressive results for Q2-FY27, with consolidated revenue rising 21.7% year-over-year to ₹2,484 crore and EBITDA increasing 21% to ₹706 crore. The hotel segment played a key role in this success, with operating revenue growing 25% YoY to ₹2,204 crore and operating EBITDA climbing 30% to ₹1,045 crore. Domestic RevPAR saw a strong 28% YoY increase to ₹10,850, fueled by an impressive 82% occupancy rate and solid ARR expansion. Despite challenges in airline catering due to geopolitical factors, IHCL's overall performance was driven by broad-based demand, including robust MICE activity and events like the BRICS summit. Management has raised its full-year FY27 revenue growth forecast to 15-17% (hotel segment guidance of 17-19%), citing a strong domestic consumption cycle, a packed MICE/corporate event calendar, and 30 planned new hotel openings. The company remains optimistic about H2FY27, supported by a vibrant domestic market and expansion of its select-service portfolio. Notably, IHCL's diversified revenue streams are expected to sustain double-digit earnings growth and cash generation, even as TajSats airline catering faces headwinds from global disruptions.",
  "summary": "Axis Securities",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}