Viceroy Hotels Limited has announced strong financial results for Q3 FY26 alongside a significant strategic acquisition that strengthens its presence in Hyderabad's premium hospitality market. The company held its earnings conference call on February 11, 2026, outlining both operational achievements and expansion plans.

Financial Performance Highlights

The company delivered solid financial metrics for the third quarter, demonstrating operational resilience and margin expansion:

For the nine-month period, revenue stood at Rs. 94.5 crores compared to Rs. 97.1 crores in the previous year, reflecting a 2.7% decline primarily due to renovation-related disruptions. Despite this temporary impact, EBITDA remained resilient at Rs. 23.5 crores with margins at 24.9%.

Strategic Acquisition in Gachibowli

Viceroy Hotels announced the acquisition of Marriott Executive Apartments located at SLN Terminus in Gachibowli, marking a significant expansion in the premium extended-stay segment:

The property, commissioned by Marriott in 2017, offers apartment-style accommodations with kitchen facilities, catering to the growing demand for extended corporate stays in Hyderabad's IT corridor.

Operational Metrics and Rate Performance

Both flagship properties demonstrated strong rate resilience during the quarter:

RevPAR performance showed Marriott at Rs. 6,200 and Courtyard at Rs. 3,539 in Q3, leading to a combined RevPAR of Rs. 5,235 across the complex. The nine-month combined RevPAR stood at Rs. 4,273.

Investment Program Progress

The company continues executing its phased Rs. 120 crores investment program across both properties. Phase 1 focusing on Courtyard has been completed with an investment of Rs. 50 crores, adding 56 new rooms along with enhanced amenities including gym, spa, rooftop restaurants, and swimming pools.

Phase 2 will concentrate on Marriott, doubling convention capacity to 20,000 square feet by December 2026 through upgrading the existing 10,000 square feet facility. The remaining 295 Marriott rooms will undergo phased refurbishment to protect revenue streams. Management expects to spend Rs. 20-30 crores on convention center expansion and approximately Rs. 40 crores on room renovations.

Market Outlook and Strategic Positioning

Management highlighted favorable macro trends supporting India's hospitality sector, including moderating inflation, improved disposable income, and targeted fiscal measures favoring tourism development. Hyderabad specifically benefits from diversified demand driven by IT, pharmaceutical, and life sciences sectors, along with growing MICE activities.

The upcoming southern high-speed rail corridor represents a significant infrastructure catalyst, reducing travel times to Bangalore to approximately two hours and Chennai to three hours. This enhanced connectivity is expected to drive additional business travel and talent mobility, further supporting demand in Hyderabad's hospitality market.

With the completed acquisition and ongoing investment program, Viceroy Hotels now operates approximately 538 keys across its Hyderabad portfolio, positioning the company to capture the projected 15%-17% compound annual growth in India's hospitality sector through 2030.

Viceroy Hotels Limited has announced its unaudited financial results for the quarter ended December 31, 2025, demonstrating robust performance with significant growth in profitability. The Board of Directors approved these results at their meeting held on February 11, 2026, marking a strong quarter for the hospitality company. In compliance with SEBI regulations, the company has also disclosed its investor presentation on the financial results.

Financial Performance Highlights

The company delivered impressive financial metrics for the third quarter, showcasing operational efficiency and revenue growth across key parameters.

Nine Months Performance

For the nine months period, the company maintained steady performance with total income of ₹9,986.32 crores compared to ₹9,941.53 crores in the previous year. Net profit for the nine months stood at ₹1,228.93 crores, reflecting the company's consistent operational capabilities.

Hotel Performance Metrics

The company's hotel operations showed strong performance improvements across key metrics during the quarter:

Strategic Acquisition

Viceroy Hotels completed a significant acquisition during the quarter, purchasing 100% equity stake in SLN Terminus Hotels & Resorts Private Limited on December 29, 2025. The acquisition details include:

Regulatory Compliance and Outlook

The financial results were prepared in accordance with Indian Accounting Standards and reviewed by the statutory auditors. In compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has disclosed its investor presentation on the financial results. The company continues to address regulatory matters, including ongoing proceedings related to property attachments under the PMLA, with the next hearing scheduled for March 12, 2026.