Chalet Hotels Ltd - 542399 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Pursuant to the provisions of Regulation 30 of the Listing Regulations, 2015, enclosed herewith is the Transcript of the Earnings Call held by the Company on January 25, 2024, in respect of the Unaudited Financial Results for the quarter and nine months ended December 31, 2023.
Buy Chalet Hotels; target of Rs 885: ICICI Securities
ICICI Securities is bullish on Chalet Hotels recommended buy rating on the stock with a target price of Rs 885 in its research report dated January 29, 2024. Chalet Hotels Ltd - 542399 - Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS
The Compensation, Nomination and Remuneration Committee of the Company has approved the allotment of 32,321 Equity Shares pursuant to the exercise of equivalent number of Stock Options under CHL Employee Stock Option Plan 2022.
Chalet Hotels Q3 Results Review - Risk-Reward Turning Unfavorable!: Dolat Capital
Upbeat outlook as robust project pipeline to fuel growth in FY26/27 Chalet Hotels Ltd - 542399 - Announcement under Regulation 30 (LODR)-Newspaper Publication
Pursuant to Regulation 47 of the Listing Regulations, 2015, enclosed herewith are the copies of the newspaper advertisements publishing the Financial Results for the quarter ended December 31, 2023 approved by the Board of Directors on January 24, 2024, published in the following newspapers: 1. Financial Express on January 25, 2024 2. Free Press Journal on January 25, 2024 3. Navshakti on January 25, 2024. We request you to kindly take this on record. Chalet Hotels Ltd - 542399 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
Pursuant to Regulation 30 read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we furnish below the link of the audio recording of the Earnings Call held by the Company on January 25, 2024 at 11.00 a.m. in respect of the Unaudited Financial Results for the quarter and nine months ended December 31, 2023. https://www.chalethotels.com/wordpress/wp-content/uploads/2024/01/SHO0920240125150901.mp3 Request you to take the same on record.
Chalet Hotels Results Earnings Call for Q3FY24
Conference Call with Chalet Hotels Management and Analysts on Q3FY24 Performance and Outlook. Listen to the full earnings transcript. Q3FY24 Quarterly Result Announced for Chalet Hotels Ltd.
Chalet Hotels announced Q3FY24 results: Financial Highlights Total Income: Rs 3.8 billion, an increase of 18% compared to Q3FY23. EBITDA: Rs 1.7 billion, marking an 18% rise from Q3FY23 with an EBITDA Margin of 45%. Consolidated PAT: Achieved at Rs 706 million. EPS: Reported at 3.44, compared to 4.99 in Q3FY23 (not annualised). Hospitality Segment Performance Hospitality Revenue: Touched the highest at Rs 3.4 billion, up by 29% YoY. RevPAR: Increased by 18% YoY to Rs 7,838. Hospitality EBITDA Margin: Improved by 5 percentage points to 46.3%. Development & ESG Highlights Hotel Inventory Expansion: Projects at Marriott Bengaluru with approximately 130 rooms and The Dukes Retreat, Lonavala with about 70 rooms. New Hotel Projects: Being developed at The Taj, New Delhi Airport with ~390 rooms, and Hyatt Regency, Airoli, Mumbai with ~280 rooms. LEED Gold Certification: The Westin Hyderabad HITEC City received the USGBC LEED GOLD in December 2023 under LEED V4 BDC: Hospitality. Segmental Performance (Q3FY24) Occupancy Rate: Improved to 71%. Average Room Rate (ARR): Rs 10,974, up by 8% from Q3FY23. Same Store ARR: Reached Rs 11,253, up by 11% over Q3FY23. Fundraising and Use of Proceeds The board approved a fundraising plan of up to Rs 20 billion through the issuance of equity shares or other convertible instruments, subject to shareholder approval, to pare down debt, fuel growth, and for general corporate purposes. Sanjay Sethi, MD & CEO, Chalet Hotels: "We are pleased to record another strong quarter with the highest-ever revenue and EBITDA. With a strong pipeline for expansion, healthy operating performances, and a team that continues to excel, we remain excited about the foreseeable future for our company." Result PDF Chalet Hotels Ltd - 542399 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('Listing Regulations'), we are attaching herewith a copy of the presentation prepared by the Company for the earnings call scheduled to be held i.e. on Thursday, January 25, 2024 at 11.00 a.m. (IST), in respect of the Unaudited Standalone and Consolidated Financial Results for the quarter and nine months ended December 31, 2023, which have been approved by the Board of Directors of the Company at its meeting held earlier today. Chalet Hotels Ltd - 542399 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Pursuant to Regulation 30 of the Listing Regulations, enclosed herewith is the Press Release for the Financial Results for the quarter ended December 31, 2023, approved by the Board of Directors today i.e. on January 24, 2024