Archive · 8 Dec 2025
Chalet Hotels Stock Lags Despite Revenue Growth
Chalet Hotels Ltd has seen a 3% drop in stock value over the past year, even though its revenue grew by 121% in the first half of FY26.
The company is excited about its new premium brand, Athiva Hotels and Resorts, which could help it make more money by not having to pay fees to other hotel brands.
Athiva will start with six properties and plans to expand to 1,800 rooms in three years.
The company's recent investments might lead to higher costs, but if Athiva succeeds and keeps room prices high, Chalet Hotels could see even more growth in the future.
Chalet Hotels' stock is down 3% over the past year despite 121% revenue growth in H1 FY26.
The company launched Athiva Hotels and Resorts, a premium brand to reduce dependency on franchise fees.
Athiva starts with six properties and plans to expand to 1,800 keys within three years.
Q2FY26 saw 95% revenue growth and a significant increase in pre-tax earnings, driven by higher room rates.
Investors will watch Athiva's expansion, core hospitality margins, and leverage trends for future growth.
- Who
- Chalet Hotels Ltd
- What
- Stock performance and business growth
- When
- Past year and first half of FY26
- Where
- India
- Why
- Launch of Athiva Hotels and Resorts, revenue growth, and market conditions
- Stock Performance
- Down 3% over the past year
- Revenue Growth
- 121% year-on-year for H1 FY26
- New Brand
- Athiva Hotels and Resorts
- Initial Properties
- Six properties with 900+ keys
- Expansion Plan
- 1,800 keys within three years
- Current Key Base
- 3,389 keys
- Q2FY26 Revenue Growth
- 95% year-on-year
- Q2FY26 Pre-Tax Earnings
- ₹205 crore (up from ₹79 crore in Q2FY25)
- Occupancy Rate
- 67% in Q2FY26 (down from 75% last year)
- Average Room Rate
- ₹12,170 (up 16%)