Viceroy Hotels earnings calls.
Other · 1 quarter tracked · source-linked performance, management guidance and promise context.
Latest revenue
₹38.33 Cr
verified financial record
Quarters tracked
1
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Call date
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Signal trajectory
1 actual quarterCurrent read
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What changed this quarter?
Viceroy Hotels delivered a steady Q3 FY26 with revenue of 38.33 crore (up 1.5% YoY) and EBITDA of 12.09 crore (up 6.5% YoY), with margins expanding to 31.5%. The company completed the 50 crore Courtyard renovation adding 56 rooms, with ADRs rising from 6,000 to 6,800. Management announced the landmark acquisition of Marriott Executive Apartments in Gachibowli—75 keys at 215 crore consideration—expected to deliver 48 crore turnover and 21 crore EBITDA in CY25 with earnings accretion beginning Q4 FY26. The remaining 70 crore of the 120 crore capex program will fund Marriott convention center expansion (20-30 crore), 295-room refurbishment (40 crore), and Phase 3 upgrades (10-15 crore). With ~470 existing keys plus the acquisition and greenfield pipeline, Viceroy targets 1,000 keys by 2030. Risks include renovation-related revenue pressure (9-month revenue down 2.7% YoY to 94.5 crore), execution risk on the phased Marriott upgrade, and integration risk for the newly acquired property in a competitive extended-stay segment.
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Signal
Positive
Revenue
₹38.33 Cr
Source date
Pending
Across the record
Quarter history.
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