The Indian Hotels Company Limited Earnings Summary — Q4 FY2026

May 14, 2026

The Secretary, Listing Department
BSE Limited
Phiroze Jeejeebhoy Towers
Dalal Street, Fort,
Mumbai – 400 001
Scrip Code: 500850

The Manager, Listing Department
National Stock Exchange of India Limited
Exchange Plaza, Plot No. C/1, G Block
Bandra Kurla Complex, Bandra (E)
Mumbai 400 051
Scrip Code: INDHOTEL

Sub: Transcript of the IHCL Global Conference Call (Earnings Call) for the quarter and
financial year ended March 31, 2026

Dear Madam, Sir,

Pursuant to Regulation 30 of the Securities Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, please find enclosed the transcript of the
IHCL Global Conference Call (Earnings Call) for the quarter and financial year ended
March 31, 2026 held on May 11, 2026.

The above information is also being made available on the website of the Company at
[https://ir.ihcltata.com/media/ydlpcwui/ihcl-earnings-call\_q4fy26\_transcript.pdf](https://ir.ihcltata.com/media/ydlpcwui/ihcl-earnings-call_q4fy26_transcript.pdf)

This is for your information and records.

THE INDIAN HOTELS COMPANY LIMITED

Yours Sincerely,
For The Indian Hotels Company Limited

Melis
a Alva

Digitally signed
by Melisa Alva
Date:
2026.05.14
17:36:06 +05'30"

CIN L74999MH1902PLC000183

Senior Vice President & Company Secretary
Mem No: A34774

Mem No: A34774

* * *

# “The Indian Hotels Company Limited Quarter and fiscal year ended 31st March 2026

# Earnings Conference Call” May 11, 2026

## MANAGEMENT: MR. PUNEET CHHATWAL – MANAGING DIRECTOR AND CHIEF EXECUTIVE OFFICER – INDIAN HOTELS

## COMPANY LIMITED MR. ANKUR DALWANI – EXECUTIVE VICE PRESIDENT

### AND CHIEF FINANCIAL OFFICER – INDIAN HOTELS

## COMPANY LIMITED

### Page 1 of 17

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_The Indian Hotels Company Limited_ _May 11, 2026_

**Moderator:** Ladies and gentlemen, good day, and welcome to The Indian Hotels Company Limited Earnings Conference Call for the Quarter and Fiscal Year Ended 31st March 2026. On the call, we have with us Mr. Puneet Chhatwal, Managing Director and CEO, IHCL; and Mr. Ankur Dalwani, EVP and CFO, IHCL. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during this conference call, please signal an operator by pressing star and then zero on your touchtone phone. Please note that this conference is being recorded.

I now hand the conference over to Mr. Puneet Chhatwal. Thank you, and over to you, Mr. Chhatwal.

**Puneet Chhatwal:** Good evening, everyone, and thank you for joining our conference call for Q4 and FY '25-'26. We are pleased to inform you that we have continued our record performance for the 16th consecutive quarter, driven by sustained strength in our core business while building scale with profitability.

Let me start with why we think this was an important year, the FY '26. We also call it the year of strengthening the foundation. It was an important milestone year for IHCL, where we built the foundation for the next phase of growth, strengthening our brandscape, enhancing resilience, scaling our platforms and investing in capabilities that will make IHCL future-ready. Despite a year marked by multiple macroeconomic headwinds like geopolitical conflicts and weather- related disruptions, IHCL continued to deliver strong performance with consistency and discipline. This reflects the structural strength of our business model and the agility of our teams across markets.

Over the last year, we have focused on building three defining attributes of the IHCL ecosystem. Number one, the word which I've just used often at the beginning of my speech, that is, resilience through a diversified portfolio across segments, markets and business models, allowing us to deliver consistently across cycles. I call it also resilience by brand, by contract type and by geography.

Number two is scale through accelerated portfolio expansion, strategic acquisition

…