Mumbai | May 12, 2025 — Chalet Hotels Limited (NSE: CHALET), a leading owner, developer, and asset manager of high-end hotels and commercial real estate, announced robust financial results for the fourth quarter and full year ended March 31, 2025, marking strong growth across its hospitality and commercial segments.
Q4 FY2025 Financial Performance
Chalet reported a total income of INR 5.4 billion for the quarter, registering a 27% year-on-year increase. Consolidated EBITDA surged 36% to INR 2.6 billion, with an EBITDA margin of 47.8%, reflecting improved operating efficiencies. Consolidated PAT stood at INR 1.2 billion.
The hospitality segment continued its upward momentum, generating revenue of INR 4.6 billion, up 20% from Q4FY24. Key performance indicators demonstrated significant improvement:
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Average Room Rate (ARR) increased by 21% YoY to INR 14,345
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Same-store ARR stood at INR 14,158, up 19%
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Occupancy rose to 76%, an increase of 30 basis points
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Revenue per available room (RevPAR) grew 21% YoY to INR 10,909
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Segment EBITDA reached INR 2.2 billion, a 22% YoY increase, with margins consistent at 47.8%
The commercial real estate segment also delivered exceptional results, with revenue increasing 75% YoY to INR 619 million and EBITDA rising 83% to INR 498 million, yielding margins of 80.4%.
Full-Year FY2025 Highlights
For the financial year ended March 31, 2025:
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Consolidated revenue stood at INR 17.5 billion, up 22% YoY
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ARR for the year averaged INR 12,094, a 13% YoY increase
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Consolidated EBITDA grew 28% to INR 7.7 billion, with a margin of 44.0%
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Consolidated PAT reached INR 1.4 billion
Strategic Developments and Sustainability Milestones
In a major strategic move, Chalet Hotels announced that its Board has approved a binding term sheet for the acquisition of Lakeview Mercantile Company Private Limited, the owner of 15+ acres of beachfront land in Bambolim, North Goa. The site is earmarked for the development of a ~170-room luxury resort, further enhancing the company’s presence in India’s premium leisure destination market.
The company also acquired The Westin Resort & Spa, Himalayas, a 141-room luxury resort, expanding its footprint in the high-growth leisure, spiritual, and wellness tourism segment.
Chalet reinforced its sustainability commitment by earning a score of 67 on the Dow Jones Sustainability Index (CSA Score Date: February 28, 2025) and securing a ‘B’ rating from CDP for both Climate Change and Water Security.
Outlook
With strategic expansions into luxury leisure destinations and continued momentum in its core hospitality and commercial real estate operations, Chalet Hotels is well-positioned to capitalize on India’s growing demand for premium travel and hospitality experiences. The company remains focused on long-term value creation through sustainable growth and diversified asset development.
