Q1-FY24 · Puneet Chhatwal
Our iconic assets' average rates are maybe 10%-20% of rates in Paris or London... we may never get to 100% of those rates, but we should have the ability to charge 30%, 40%, 50%, and we are not even at 10%, 20%.
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The Indian Hotels Company · tone and specificity signals across the available quarters.
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Q1-FY24 · Giridhar Sanjeevi
We don't anticipate any take rate-related challenges at all... It is not a winner-take-all market, which kind of leads to the rate compressions that you talk about.
Q1-FY24 · Puneet Chhatwal
The combination of the whole is creating the sustainable, profitable growth that we have guided all of you on.
Q1-FY25 · Puneet Chhatwal
This is the ninth consecutive quarter of record performance.
Q1-FY25 · Puneet Chhatwal
We expect double-digit growth in FY 2024/2025, as we have also guided previously, and with an expected 20% revenue growth, 20%+, I would say, revenue growth in July based on business on the books as on July 17.
Q1-FY25 · Puneet Chhatwal
Our capital light, not like for like growth, has helped us grow our management fees by 17% from INR 98 crore last year to INR 114 crore in Q1 2024/2025.
Q1-FY26 · Puneet Chhatwal
We are extremely confident of delivering on double-digit growth for the hotel segment for the year.
Q1-FY26 · Puneet Chhatwal
Taj is rated again as World's Strongest Hotel Brand and India's Strongest Brand across all sectors by Brand Finance.
Q1-FY26 · Puneet Chhatwal
We are very pleased to have another platform and another source of capital. And I think it's a very important strategic step for both the group as well as IHCL.
Q2-FY24 · Puneet Chhatwal
Our record performance in Q2 makes it the sixth consecutive quarter of best ever performance.
Q2-FY24 · Puneet Chhatwal
If you look at the hospitality sector in general across the globe, the recovery has been led by domestic.
Q2-FY24 · Puneet Chhatwal
We have no debt and we also have cash reserves.
Q2-FY25 · Puneet Chhatwal
For the first time, our enterprise revenue has crossed INR 3,000 crores for the quarter and INR 6,000 crores for the first half of the year.
Q2-FY25 · Puneet Chhatwal
We remain confident of comfortably delivering double-digit revenue growth, even excluding the positive impact of TajSATS.
Q2-FY25 · Puneet Chhatwal
The fundamentals of India becoming fifth largest economy is in favor of the sector. The fundamentals of India moving towards third largest economy is in favor of the sector.
Q2-FY26 · Puneet Chhatwal
We are pleased to inform you that we have continued our record performance for the 14th consecutive quarter, driven by sustained growth and strategic execution despite short-term industry headwinds.
Q2-FY26 · Puneet Chhatwal
The business on the books is strong, Sumant, and that is despite a very high base of Q3. Year-on-year, we remain confident that in the future, both Q3 and Q4 should witness double-digit growth for us on the top line.
Q2-FY26 · Ankur Dalwani
I think it's fair to say that when we announced the ANK and Pride transaction, I think we did make a statement that in a way, it's the beginning of an organic journey, which I don't think is stopping at this transaction.
Q3-FY24 · Puneet Chhatwal
We expect our double-digit revenue growth to continue in the next financial year as well, driven by three key dimensions of growth, namely: growth in our portfolio, growth in our new brands and businesses, and growth in our traditional business, enabled by effective asset management.
Q3-FY24 · Puneet Chhatwal
Our new and reimagined brands, which include Ginger, Qmin, amã Stays & Trails, The Chambers, the TajSATS, together showcase a growth of 34% over the previous year in the last nine months.
Q3-FY24 · Giridhar Sanjeevi
I think the way you should look at it is that while supply is coming back, which is good, because ultimately, I think in India, bear in mind, supply is not driven by institutional ownership.
Q3-FY25 · Puneet Chhatwal
For the very first time in history, the quarterly EBITDA of IHCL crossed INR 1,000 crores.
Q3-FY25 · Puneet Chhatwal
The supply is not going to catch up that fast with the demand. So even if demand softens a bit, still it will continue to outpace supply.
Q3-FY25 · Puneet Chhatwal
We are not taking just a view on a quarter or a half year or a year, rather the long-term competitive advantage.
Q3-FY26 · Puneet Chhatwal
We have delivered a double-digit CAGR across revenue, EBITDA, and PAT on both consolidated and standalone basis.
Q3-FY26 · Puneet Chhatwal
Our quarterly EBITDA for hotel segment crossed INR 1,000 crores, yielding 40.7% EBITDA margin.
Q3-FY26 · Ankur Dalwani
We expect management fee income to grow in the high teens, reinforcing both profitability and cash generation.
Q4-FY24 · Puneet Chhatwal
We promised and we have delivered on all fronts.
Q4-FY24 · Puneet Chhatwal
The hospitality industry upcycle is expected to be a long and sustained one.
Q4-FY24 · Giridhar Sanjeevi
The margin for us is an outcome rather than a target.
Q4-FY25 · Puneet Chhatwal
We promised and gave a guidance of double-digit revenue growth at the beginning of the year, and we are happy to share that we comfortably achieved the same despite Q1 being a muted quarter.
Q4-FY25 · Puneet Chhatwal
With the cash that we have generated and the reserves that we have and the expected cash that we will have, it does not make sense to partner. That's a very luxury position to have.
Q4-FY25 · Puneet Chhatwal
We are not in the business of counting rooms only. We have certain legacy. We have certain commitment through our businesses to the nation, and we will keep doing what we think is right and not follow blindly some other thing.
Q4-FY26 · Puneet Chhatwal
Dubai is down, Maldives is down, London is okay, and domestic is very strong.
Q4-FY26 · Puneet Chhatwal
The foreign tourist arrivals remains a hidden upside in perpetuity.
Q4-FY26 · Puneet Chhatwal
We cannot control where the market is going, but we can control our market share.