
About Chalet Hotels Limited
Data last updated:
Chalet Hotels Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the hotel and accommodation services segment of the travel and hospitality sector. It was incorporated on 06 January 1986 and has been in existence for over 40 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L55101MH1986PLC038538. Its GSTIN is 29AAACK0411E1Z5 (Karnataka). The company holds 4 GST registrations, of which 2 are active. Its shares are listed on BSE: 542399 and NSE: CHALET.
The company has an authorised share capital of ₹598.1 Cr and a paid-up capital of ₹218.99 Cr. It was formerly known as Kenwood Hotels Private Limited and K Raheja Resorts and Hotels Limited. It is led by directors including Shwetank Singh (Managing Director) and Neel Chandru Raheja.
Its last annual general meeting (AGM) was held on 08 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Mumbai, Maharashtra.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹2,769.75 Cr, a growth of 61.2% compared to the previous year. For the same year it recorded a net profit of ₹641.53 Cr (net margin 23.2%) and EBITDA of ₹1,186.38 Cr (EBITDA margin 42.8%). The net worth stands at ₹3,772.3 Cr (up 20.9% YoY). Total assets are valued at ₹6,248.88 Cr (up 8.1% YoY).
The company has about 2,553 employees on its provident fund (EPFO) records. Its group structure includes 4 subsidiaries.
The company is associated with 1 brand: Chalet Hotels. As per MCA filings, the company has open charges of ₹4,160.82 Cr and satisfied charges of ₹9,285.61 Cr on record. Court records list 87 cases involving the company, including 45 filed by the company and 38 filed against it; 16 cases are pending. The company has 19 deals on record (7 secondary share transfers, 6 funding rounds, 4 market trades), with disclosed funding of ₹380.95 Cr; the latest was in May 2024. Its 10 peer companies in the Real Estate industry (Builders and Developers, Hotels) are compared by revenue, 5 larger and 5 smaller; the largest is Glider Buildcon Realtors Private Limited with revenue of ₹2,207.74 Cr. The company has 22 MSME Form 1 returns on record between 2019 and 2023, listing 7,789 overdue payments to 411 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website chalethotels.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressRaheja Tower Plot No.C – 30 Block'G' Next To Bank Of Baroda, Bandra Kurla Complex Bandra(E), Mumbai, Maharashtra, India – 400051
- IndustryTravel and Hospitality, Hotel & Accommodation Services
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Chalet Hotels Limited
The main business activities of Chalet Hotels are accommodation and food service and real estate. In detail, this covers accommodation services provided by hotel, inns, resorts, holiday homes, hostel, etc. and real estate activities with own or leased property. 2 activity segments are registered with the MCA.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| I | Accommodation and Food Service | I1 | Accommodation services provided by Hotel, Inns, Resorts, holiday homes, hostel, etc. | Locked |
| L | Real Estate | L1 | Real estate activities with own or leased property | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Chalet Hotels Limited FY 2025-26 filings available
Chalet Hotels Limited reported revenue of ₹2,769.75 Cr (up 61.2% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,770 | 1,718 | 1,417 | 1,128 | 508 | 286 | 981 |
| Revenue growth | +61.2% | +21.2% | +25.6% | +122.2% | +77.8% | -70.9% | - |
| EBITDA | 1,186 | 736 | 585 | 434 | 87.48 | (0.79) | 332 |
| EBITDA margin | +42.8% | +42.8% | +41.3% | +38.5% | +17.2% | -0.3% | +33.9% |
| Profit before tax | 819 | 434 | 269 | 273 | (153) | (248) | 101 |
| Net profit | 642 | 126 | 278 | 157 | (77.44) | (135) | 105 |
| Net profit margin | +23.2% | +7.4% | +19.6% | +13.9% | -15.3% | -47.4% | +10.7% |
| EPS (₹) | 29.46 | 6.53 | 13.54 | 8.94 | (3.98) | (6.78) | 5.01 |
| Balance sheet | |||||||
| Total assets | 6,249 | 5,781 | 4,938 | 4,444 | 3,976 | 3,512 | 3,497 |
| Net worth | 3,772 | 3,121 | 2,052 | 1,728 | 1,516 | 1,536 | 1,665 |
| Total debt | 2,293 | 2,530 | 2,805 | 2,667 | 2,422 | 1,939 | 1,791 |
| Cash & bank | 308 | 186 | 132 | 122 | 99.85 | 45.77 | 128 |
| Net working capital | 48.63 | (130) | 69.25 | 217 | 196 | 91.77 | 164 |
| Cash flow | |||||||
| Cash from operations | 1,067 | 950 | 689 | 477 | 62.22 | 60.17 | 252 |
| Cash from investing | (575) | (1,355) | (620) | (591) | (396) | (49.92) | (391) |
| Cash from financing | (466) | 496 | (108) | 126 | 411 | (34.09) | 133 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 512 | 558 | 582 | 735 | 895 | 522 | 458 | 377 |
| Revenue growth (YoY) | -42.7% | +6.9% | +27.1% | +95.0% | +147.8% | - | - | - |
| Other income | 9.04 | 12.84 | 7.54 | 8.51 | 13.79 | 15.40 | 6.66 | 6.13 |
| EBITDA | 224 | 266 | 264 | 299 | 357 | 241 | 205 | 150 |
| EBITDA margin | +43.8% | +47.6% | +45.4% | +40.7% | +39.9% | +46.3% | +44.7% | +39.7% |
| Depreciation | 61.22 | 60.17 | 58.46 | 57.41 | 53.91 | 49.78 | 47.71 | 42.37 |
| Interest | 39.46 | 40.60 | 45.92 | 45.39 | 48.54 | 48.25 | 45.30 | 33.85 |
| Profit before tax | 133 | 178 | 167 | 205 | 269 | 159 | 118 | 79.42 |
| Tax | 46.40 | 14.86 | 43.17 | 50.13 | 65.48 | 34.99 | 21.83 | 218 |
| Net profit | 86.12 | 163 | 124 | 155 | 203 | 124 | 96.51 | (139) |
| EPS (₹) | 3.93 | 7.44 | 5.66 | 7.07 | 9.28 | 5.67 | 4.42 | (6.35) |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 2,570 | 1,627 | 1,392 | 1,128 | 508 | 276 | 976 |
| Revenue growth | +58.0% | +16.9% | +23.3% | +122.2% | +84.3% | -71.8% | - |
| EBITDA | 1,114 | 709 | 570 | 437 | 87.74 | 6.20 | 312 |
| EBITDA margin | +43.4% | +43.6% | +41.0% | +38.7% | +17.3% | +2.3% | +31.9% |
| Profit before tax | 843 | 470 | 268 | 277 | (153) | (226) | 82.85 |
| Net profit | 663 | 157 | 278 | 161 | (76.78) | (113) | 87.47 |
| Net profit margin | +25.8% | +9.7% | +20.0% | +14.3% | -15.1% | -41.1% | +9.0% |
| EPS (₹) | 30.38 | 7.85 | 13.54 | 9.16 | (3.94) | (5.70) | 3.98 |
| Balance sheet | |||||||
| Total assets | 6,025 | 5,551 | 4,736 | 4,448 | 3,976 | 3,440 | 3,374 |
| Net worth | 3,754 | 3,083 | 1,859 | 1,736 | 1,519 | 1,552 | 1,660 |
| Total debt | 2,105 | 2,337 | 2,796 | 2,663 | 2,419 | 1,851 | 1,673 |
| Cash & bank | 249 | 124 | 79.00 | 81.87 | 99.78 | 34.48 | 115 |
| Net working capital | 432 | 66.04 | 180 | 216 | 196 | 185 | 218 |
| Cash flow | |||||||
| Cash from operations | 992 | 970 | 712 | 494 | 62.46 | 63.34 | 256 |
| Cash from investing | (553) | (1,350) | (457) | (615) | (396) | (86.47) | (404) |
| Cash from financing | (415) | 474 | (308) | 125 | 411 | (0.12) | 141 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 448 | 498 | 516 | 705 | 851 | 484 | 434 | 361 |
| Revenue growth (YoY) | -47.3% | +2.9% | +18.9% | +95.4% | +144.8% | - | - | - |
| Other income | 17.89 | 19.32 | 15.27 | 15.75 | 18.84 | 20.49 | 12.00 | 10.80 |
| Total expenses | 252 | 254 | 277 | 413 | 512 | 251 | 236 | 216 |
| EBITDA | 197 | 244 | 239 | 292 | 339 | 234 | 198 | 144 |
| EBITDA margin | +43.9% | +49.0% | +46.3% | +41.4% | +39.9% | +48.2% | +45.6% | +40.0% |
| Depreciation | 47.86 | 47.14 | 45.88 | 45.48 | 43.39 | 41.28 | 42.68 | 38.05 |
| Interest | 34.35 | 35.20 | 40.53 | 40.20 | 43.13 | 42.63 | 39.88 | 28.35 |
| Profit before tax | 132 | 181 | 168 | 222 | 271 | 170 | 127 | 88.85 |
| Tax | 45.54 | 14.45 | 41.07 | 54.83 | 66.93 | 36.68 | 25.40 | 219 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 512 | 558 | 582 | 735 | 895 | 522 | 458 | 377 |
| Revenue growth (YoY) | -42.7% | +6.9% | +27.1% | +95.0% | +147.8% | - | - | - |
| Other income | 9.04 | 12.84 | 7.54 | 8.51 | 13.79 | 15.40 | 6.66 | 6.13 |
| EBITDA | 224 | 266 | 264 | 299 | 357 | 241 | 205 | 150 |
| EBITDA margin | +43.8% | +47.6% | +45.4% | +40.7% | +39.9% | +46.3% | +44.7% | +39.7% |
| Depreciation | 61.22 | 60.17 | 58.46 | 57.41 | 53.91 | 49.78 | 47.71 | 42.37 |
| Interest | 39.46 | 40.60 | 45.92 | 45.39 | 48.54 | 48.25 | 45.30 | 33.85 |
| Profit before tax | 133 | 178 | 167 | 205 | 269 | 159 | 118 | 79.42 |
| Tax | 46.40 | 14.86 | 43.17 | 50.13 | 65.48 | 34.99 | 21.83 | 218 |
| Net profit | 86.12 | 163 | 124 | 155 | 203 | 124 | 96.51 | (139) |
| EPS (₹) | 3.93 | 7.44 | 5.66 | 7.07 | 9.28 | 5.67 | 4.42 | (6.35) |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,770 | 1,718 | 1,417 | 1,128 | 508 | 286 | 981 |
| Revenue growth | +61.2% | +21.2% | +25.6% | +122.2% | +77.8% | -70.9% | - |
| Other income | 42.67 | 36.30 | 19.79 | 110 | 21.93 | 21.94 | 27.90 |
| Total expenses | 1,583 | 982 | 833 | 694 | 420 | 286 | 648 |
| Employee cost | 288 | 234 | 195 | 151 | 99.98 | 89.34 | 152 |
| EBITDA | 1,186 | 736 | 585 | 434 | 87.48 | (0.79) | 332 |
| EBITDA margin | +42.8% | +42.8% | +41.3% | +38.5% | +17.2% | -0.3% | +33.9% |
| Depreciation | 230 | 179 | 138 | 117 | 118 | 117 | 113 |
| Interest | 180 | 159 | 197 | 154 | 144 | 152 | 146 |
| Profit before tax | 819 | 434 | 269 | 273 | (153) | (248) | 101 |
| Tax | 174 | 292 | (8.83) | 89.54 | (71.96) | (109) | 1.22 |
| Net profit | 642 | 126 | 278 | 157 | (77.44) | (135) | 105 |
| Net profit margin | +23.2% | +7.4% | +19.6% | +13.9% | -15.3% | -47.4% | +10.7% |
| EPS (₹) | 29.46 | 6.53 | 13.54 | 8.94 | (3.98) | (6.78) | 5.01 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 294 | 293 | 406 | 391 | 380 | 324 | 316 |
| Reserves & surplus | 3,479 | 2,828 | 1,646 | 1,337 | 1,136 | 1,211 | 1,350 |
| Shareholders' funds (net worth) | 3,772 | 3,121 | 2,052 | 1,728 | 1,516 | 1,536 | 1,665 |
| Minority interest | (0.64) | (0.55) | (0.47) | (0.41) | (0.26) | (0.32) | (0.27) |
| Secured loans | 2,138 | 2,476 | 2,681 | 2,566 | 1,970 | 1,718 | 1,591 |
| Unsecured loans | 155 | 53.97 | 123 | 101 | 453 | 221 | 199 |
| Total debt | 2,293 | 2,530 | 2,805 | 2,667 | 2,422 | 1,939 | 1,791 |
| Total liabilities | 6,249 | 5,781 | 4,938 | 4,444 | 3,976 | 3,512 | 3,497 |
| Assets | |||||||
| Gross block | 7,226 | 6,616 | 5,863 | 5,195 | 4,658 | 4,226 | 4,069 |
| Net block | 5,693 | 5,210 | 4,406 | 3,854 | 3,413 | 3,080 | 3,019 |
| Capital work in progress | 132 | 183 | 36.92 | 97.77 | 32.23 | 35.85 | 87.51 |
| Investments | 29.30 | 108 | 10.25 | 6.85 | 6.28 | 4.49 | 4.51 |
| Inventories | 269 | 660 | 571 | 439 | 436 | 435 | 437 |
| Sundry debtors | 68.73 | 78.20 | 55.16 | 58.95 | 43.60 | 30.61 | 41.68 |
| Cash & bank balances | 308 | 186 | 132 | 122 | 99.85 | 45.77 | 128 |
| Loans & advances | 242 | 169 | 152 | 111 | 105 | 87.46 | 95.82 |
| Total current assets | 889 | 1,094 | 910 | 731 | 685 | 599 | 702 |
| Total current liabilities | 840 | 1,224 | 841 | 514 | 489 | 508 | 538 |
| Net working capital | 48.63 | (130) | 69.25 | 217 | 196 | 91.77 | 164 |
| Total assets | 6,249 | 5,781 | 4,938 | 4,444 | 3,976 | 3,512 | 3,497 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 88.13 | (2.93) | 35.43 | 23.15 | (53.92) | (30.08) | (23.87) |
| Net cash from operating activities | 1,067 | 950 | 689 | 477 | 62.22 | 60.17 | 252 |
| Net cash from investing activities | (575) | (1,355) | (620) | (591) | (396) | (49.92) | (391) |
| Net cash from financing activities | (466) | 496 | (108) | 126 | 411 | (34.09) | 133 |
| Net change in cash | 25.01 | 91.06 | (38.36) | 12.28 | 77.07 | (23.84) | (6.21) |
| Closing cash | 308 | 186 | 132 | 122 | 99.85 | 45.77 | 128 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +61.2% | +21.2% | +25.6% | +122.2% | +77.8% | -70.9% | - |
| EBITDA growth | +61.2% | +25.9% | +34.6% | +396.6% | - | -100.2% | - |
| PBT growth | +88.5% | +61.2% | -1.3% | +9998.0% | +38.2% | - | +9998.0% |
| Net income growth | +407.8% | -54.5% | +76.6% | +303.0% | +42.8% | -229.2% | - |
| Revenue CAGR (3Y) | +34.9% | +50.1% | +70.6% | +4.8% | -19.9% | -28.9% | +10.0% |
| EBITDA CAGR (3Y) | +39.8% | +103.4% | - | +9.3% | -34.8% | - | +12.0% |
| Profitability & leverage | |||||||
| Net income margin | +23.3% | +8.3% | +19.6% | +16.2% | -16.0% | -48.7% | +10.2% |
| Return on capital employed | +16.6% | +11.1% | +9.9% | +9.1% | 0.0% | -2.8% | +7.6% |
| Return on net worth | +19.1% | +5.8% | +16.4% | +10.9% | 0.0% | -9.4% | +6.7% |
| Debt / equity | 0.70 | 1.03 | 1.45 | 1.57 | 1.43 | 1.17 | 1.05 |
| Long-term debt / equity | 0.49 | 0.62 | 1.00 | 1.27 | 1.20 | 1.00 | 0.90 |
| Interest cover | 18.87 | 28.56 | 44.07 | 48.72 | -466.74 | -128.52 | 66.71 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.40 | 0.28 | 0.26 | 0.23 | 0.11 | 0.07 | 0.25 |
| Inventory turnover | 5.96 | 2.79 | 2.81 | 2.58 | 1.16 | 0.65 | 2.36 |
| Debtors turnover | 37.70 | 25.76 | 24.84 | 22.01 | 13.69 | 7.90 | 21.95 |
| EPS (₹) | 29.46 | 6.53 | 13.54 | 8.94 | (3.98) | (6.78) | 5.01 |
| Dividend per share (₹) | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 168.85 | 139.45 | 90.10 | 75.21 | 65.42 | 69.07 | 75.82 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 448 | 498 | 516 | 705 | 851 | 484 | 434 | 361 |
| Revenue growth (YoY) | -47.3% | +2.9% | +18.9% | +95.4% | +144.8% | - | - | - |
| Other income | 17.89 | 19.32 | 15.27 | 15.75 | 18.84 | 20.49 | 12.00 | 10.80 |
| Total expenses | 252 | 254 | 277 | 413 | 512 | 251 | 236 | 216 |
| EBITDA | 197 | 244 | 239 | 292 | 339 | 234 | 198 | 144 |
| EBITDA margin | +43.9% | +49.0% | +46.3% | +41.4% | +39.9% | +48.2% | +45.6% | +40.0% |
| Depreciation | 47.86 | 47.14 | 45.88 | 45.48 | 43.39 | 41.28 | 42.68 | 38.05 |
| Interest | 34.35 | 35.20 | 40.53 | 40.20 | 43.13 | 42.63 | 39.88 | 28.35 |
| Profit before tax | 132 | 181 | 168 | 222 | 271 | 170 | 127 | 88.85 |
| Tax | 45.54 | 14.45 | 41.07 | 54.83 | 66.93 | 36.68 | 25.40 | 219 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 2,570 | 1,627 | 1,392 | 1,128 | 508 | 276 | 976 |
| Revenue growth | +58.0% | +16.9% | +23.3% | +122.2% | +84.3% | -71.8% | - |
| Other income | 69.18 | 55.15 | 27.11 | 112 | 21.93 | 20.32 | 27.24 |
| Total expenses | 1,456 | 917 | 821 | 692 | 420 | 269 | 665 |
| Employee cost | 250 | 215 | 190 | 151 | 99.98 | 84.19 | 150 |
| EBITDA | 1,114 | 709 | 570 | 437 | 87.74 | 6.20 | 312 |
| EBITDA margin | +43.4% | +43.6% | +41.0% | +38.7% | +17.3% | +2.3% | +31.9% |
| Depreciation | 182 | 157 | 136 | 117 | 118 | 108 | 111 |
| Interest | 159 | 137 | 193 | 154 | 144 | 145 | 145 |
| Profit before tax | 843 | 470 | 268 | 277 | (153) | (226) | 82.85 |
| Tax | 177 | 298 | (9.80) | 89.49 | (71.96) | (109) | 1.23 |
| Net profit | 663 | 157 | 278 | 161 | (76.78) | (113) | 87.47 |
| Net profit margin | +25.8% | +9.7% | +20.0% | +14.3% | -15.1% | -41.1% | +9.0% |
| EPS (₹) | 30.38 | 7.85 | 13.54 | 9.16 | (3.94) | (5.70) | 3.98 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 219 | 218 | 205 | 391 | 380 | 324 | 316 |
| Reserves & surplus | 3,535 | 2,864 | 1,654 | 1,345 | 1,140 | 1,228 | 1,344 |
| Shareholders' funds (net worth) | 3,754 | 3,083 | 1,859 | 1,736 | 1,519 | 1,552 | 1,660 |
| Secured loans | 1,806 | 1,627 | 1,679 | 1,993 | 1,970 | 1,661 | 1,504 |
| Unsecured loans | 299 | 711 | 1,116 | 671 | 449 | 190 | 169 |
| Total debt | 2,105 | 2,337 | 2,796 | 2,663 | 2,419 | 1,851 | 1,673 |
| Total liabilities | 6,025 | 5,551 | 4,736 | 4,448 | 3,976 | 3,440 | 3,374 |
| Assets | |||||||
| Gross block | 5,967 | 5,559 | 5,412 | 5,049 | 4,652 | 3,892 | 3,734 |
| Net block | 4,535 | 4,201 | 3,974 | 3,720 | 3,413 | 2,792 | 2,719 |
| Capital work in progress | 76.16 | 127 | 14.24 | 92.28 | 32.23 | 35.85 | 87.51 |
| Investments | 793 | 873 | 211 | 166 | 6.28 | 131 | 131 |
| Inventories | 266 | 658 | 570 | 439 | 436 | 435 | 436 |
| Sundry debtors | 65.56 | 71.31 | 53.49 | 58.29 | 43.60 | 30.16 | 39.35 |
| Cash & bank balances | 249 | 124 | 79.00 | 81.87 | 99.78 | 34.48 | 115 |
| Loans & advances | 663 | 425 | 314 | 146 | 105 | 188 | 160 |
| Total current assets | 1,244 | 1,278 | 1,017 | 725 | 685 | 688 | 750 |
| Total current liabilities | 812 | 1,212 | 837 | 509 | 489 | 503 | 532 |
| Net working capital | 432 | 66.04 | 180 | 216 | 196 | 185 | 218 |
| Total assets | 6,025 | 5,551 | 4,736 | 4,448 | 3,976 | 3,440 | 3,374 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 69.17 | (25.26) | 27.32 | 23.09 | (54.02) | (31.17) | (23.99) |
| Net cash from operating activities | 992 | 970 | 712 | 494 | 62.46 | 63.34 | 256 |
| Net cash from investing activities | (553) | (1,350) | (457) | (615) | (396) | (86.47) | (404) |
| Net cash from financing activities | (415) | 474 | (308) | 125 | 411 | (0.12) | 141 |
| Net change in cash | 24.54 | 94.43 | (52.58) | 4.23 | 77.11 | (23.24) | (7.18) |
| Closing cash | 249 | 124 | 79.00 | 81.87 | 99.78 | 34.48 | 115 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +58.0% | +16.9% | +23.3% | +122.2% | +84.3% | -71.8% | - |
| EBITDA growth | +57.2% | +24.3% | +30.6% | +397.7% | +1315.2% | -98.0% | - |
| PBT growth | +79.3% | +75.0% | -3.2% | +9998.0% | +32.4% | - | +9998.0% |
| Net income growth | +321.3% | -43.4% | +72.5% | +310.2% | +32.1% | -229.3% | - |
| Revenue CAGR (3Y) | +31.6% | +47.4% | +71.6% | +5.0% | -19.9% | -29.8% | +9.8% |
| EBITDA CAGR (3Y) | +36.7% | +100.7% | +351.5% | +11.9% | -34.8% | -63.1% | +9.6% |
| Profitability & leverage | |||||||
| Net income margin | +25.9% | +10.6% | +20.0% | +16.6% | -15.9% | -42.4% | +8.4% |
| Return on capital employed | +17.3% | +11.8% | +10.1% | +9.2% | 0.0% | -2.4% | +7.1% |
| Return on net worth | +19.5% | +6.9% | +16.3% | +11.2% | 0.0% | -7.8% | +5.5% |
| Debt / equity | 0.65 | 1.04 | 1.52 | 1.56 | 1.39 | 1.10 | 1.00 |
| Long-term debt / equity | 0.45 | 0.62 | 1.05 | 1.26 | 1.17 | 0.95 | 0.87 |
| Interest cover | 17.06 | 24.84 | 44.47 | 48.15 | -469.59 | -142.97 | 72.23 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 0.45 | 0.30 | 0.27 | 0.23 | 0.12 | 0.07 | 0.26 |
| Inventory turnover | 5.57 | 2.65 | 2.76 | 2.58 | 1.17 | 0.63 | 2.23 |
| Debtors turnover | 37.56 | 26.07 | 24.90 | 22.15 | 13.77 | 7.93 | 22.43 |
| EPS (₹) | 30.38 | 7.85 | 13.54 | 9.16 | (3.94) | (5.70) | 3.98 |
| Dividend per share (₹) | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Book value per share (₹) | 171.43 | 141.11 | 90.48 | 75.58 | 65.59 | 69.89 | 75.56 |
Peer Comparison of Chalet Hotels Limited
Chalet Hotels Limited is compared with the companies closest to it by revenue in the Real Estate industry (Builders and Developers, Hotels). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Chalet Hotels Limited this company | ₹2,769.75 Cr (FY 2026) | •••• | •••• | 61.2% | •••• | Mumbai, Maharashtra, India |
| Glider Buildcon Realtors Private Limited | ₹2,207.74 Cr (FY 2025) | •••• | •••• | 12276.0% | •••• | Mumbai, Maharashtra, India |
| Anant Raj Limited Listed | ₹2,100.28 Cr (FY 2025) | •••• | •••• | 38.0% | •••• | Gurgaon, Haryana, India |
| Gaursons India Private Limited | ₹1,896.67 Cr (FY 2025) | •••• | •••• | -23.0% | •••• | Delhi, India |
| Bagmane Developers Private Limited | ₹1,799.38 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Bangalore, Karnataka, India |
| Tellapur Technocity Private Limited | ₹1,771.71 Cr (FY 2025) | •••• | •••• | 67.0% | •••• | Hyderabad, Telangana, India |
| Godrej Projects Development Limited | ₹1,738 Cr (FY 2025) | •••• | •••• | 233.0% | •••• | Mumbai, Maharashtra, India |
| BPTP Limited | ₹1,724.37 Cr (FY 2025) | •••• | •••• | -17.0% | •••• | Faridabad, Haryana, India |
| Shri Ram Multicom Private Limited | ₹1,713.37 Cr (FY 2024) | •••• | •••• | 21.0% | •••• | Kolkata, West Bengal, India |
| Manyata Promoters Private Limited | ₹1,697.13 Cr (FY 2025) | •••• | •••• | -1.0% | •••• | Bangalore, Karnataka, India |
| Aparna Infrahousing Private Limited (Part IX ) | ₹1,677.36 Cr (FY 2024) | •••• | •••• | 6.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Chalet Hotels by revenue in the Real Estate industry (Builders and Developers, Hotels), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Chalet Hotels Limited
Chalet Hotels Limited is audited by B S R & Co. LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Co. LLP | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Chalet Hotels Limited
Chalet Hotels Limited currently reports 11 directors and 1 key managerial person. 12 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shwetank Singh Also directs: Chalet Airport Hotel Private Limited | Managing Director | 24 Oct 2024 | 1 Years 11 Months | Current |
| Neel Chandru Raheja | Director | 12 Dec 1996 | 29 Years 10 Months | Current |
| Josephconrad Agnelo Dsouza Also directs: Prism Johnson Limited, Bharat Bijlee Limited, Motilal Oswal Financial Services Limited and 5 more | Director | 16 Aug 2002 | 24 Years 1 Months | Current |
| Ravi Chandru Raheja | Director | 04 Sep 1995 | 31 Years 1 Months | Current |
| Sanjay Sethi Also directs: Mahananda Spa and Resorts Private Limited, SS Advisory LLP, Chalet Hotels & Properties (Kerala) Private Limited and 2 more | Director | 09 Feb 2018 | 8 Years 8 Months | Current |
| Radhika Dilip Piramal Also directs: Metro Brands Limited, Trimode Properties Private Limited, DGP Securities Limited and 2 more | Director | 12 Jun 2018 | 8 Years 4 Months | Current |
Shareholding Pattern of Chalet Hotels Limited
Shareholding for the quarter ended Sep 2026: promoters hold 67.30%, foreign institutional investors hold 4.30%, domestic institutional investors hold 24.90% and retail and other public shareholders hold 3.50%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 67.30% | 67.30% | 67.30% | 67.30% |
| Public | 32.70% | 32.70% | 32.70% | 32.70% |
Charges & Borrowings of Chalet Hotels Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 08 Jul 2026 | Hdfc Bank Limited | ₹200 Cr | Open |
| 29 May 2026 | Idbi Trusteeship Services Limited | ₹300 Cr | Open |
| 19 May 2026 | Others | ₹300 Cr | Open |
| 25 Mar 2026 | Idbi Trusteeship Services Limited | ₹600 Cr | Open |
| 24 Mar 2026 | The Hongkong and Shanghai Banking Corporation Limited | ₹350 Cr | Open |
Total charge records: 89 View all charges
Deals & Funding of Chalet Hotels Limited
Chalet Hotels Limited has 19 deals on record (7 secondary share transfers, 6 funding rounds, 4 market trades), with disclosed funding of ₹380.95 Cr; the latest was in May 2024.
Deals on record (5 of 19)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Mar 2021 | Market trade | ₹227.95 Cr | Buyer: Palm Shelter Estate Development LLP Seller: Genext Hardware & Parks Private Limited |
| Feb 2019 | IPO | ₹1,641.18 Cr | Investors: Ipo - Chalet Hotels Limited, DB International Asia Ltd, Icici Prudential Equity Debt Fund Seller: K Raheja Corp Real Estate Private Limited , Ivory Properties and Hotels Private Limited , 2 individuals |
| Dec 2016 | Secondary share transfer | Undisclosed | Buyer: Genext Hardware & Parks Private Limited Seller: Avacado Properties and Trading (India) Private Limited |
| Mar 2012 | Secondary share transfer | Undisclosed | Buyer: Avacado Properties and Trading (India) Private Limited Seller: Housing Development Finance Corporation Limited (HDFC) |
| Dec 2011 | Secondary share transfer | Undisclosed | Buyer: K Raheja Corp Real Estate Private Limited Seller: Housing Development Finance Corporation Limited (HDFC) |
Full deal history
All 19 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal Cases of Chalet Hotels Limited
Chalet Hotels Limited has 87 court cases on record: 45 filed by Chalet Hotels, 38 filed against it, 4 where it is another party. 16 cases are pending and 71 are disposed. Status as checked between 21 Sep 2026 and 04 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 49 | 23 | 14 |
| District courts | 38 | 15 | 2 |
Cases on record (5 of 87)
| Court | Type of case | Party | Status |
|---|---|---|---|
| High Court of Delhi | Commercial suit | Filed by the company against Kular Hotels Private Limited | Pending |
| High Court of Karnataka | Appeal | Filed against the company by Hindustan Aeronautics Limited | Disposed |
| High Court of Karnataka | Appeal | Filed by the company against Hindustan Aeronautics Limited | Disposed |
| Bombay High Court | Arbitration matter | Filed by the company against Global Energy Private Limited | Disposed |
| Bombay High Court | Writ petition | Filed by the company against Maharashtra State Electricity Distribution Company Limited | Disposed |
Full case history
All 87 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Chalet Hotels Limited
Chalet Hotels Limited has 22 MSME Form 1 returns on record between 2019 and 2023, listing 7,789 overdue payments to 411 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 411)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Natech Solutions (India) Private Limited | •••• | •••• | •••• |
| Nikshe Multiproducts Private Limited | •••• | •••• | •••• |
| Ah International-Ind | •••• | •••• | •••• |
| Explore India | •••• | •••• | •••• |
| Intermarket India Private Limited | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 22 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Associated Brands with Chalet Hotels Limited
Chalet Hotels operates one associated brand: Chalet Hotels. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| High-end hotels are owned, developed, managed, and operated strategically. | chalethotels.com |
Employees and EPFO Compliance at Chalet Hotels Limited
Chalet Hotels Limited has a workforce of 2,553 employees as of Apr 06, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
Group Structure of Chalet Hotels Limited
Chalet Hotels has 4 subsidiary companies and 2 associated companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Sonmil Industries Private Limited | U29253MH1976PTC018883 | - |
| Chalet Hotels & Properties (Kerala) Private Limited | U55101KL2006PTC020125 | - |
| Chalet Airport Hotel Private Limited | U55101MH2022PTC388704 | - |
| The Dukes Retreat Private Limited | U55200MH1968PTC013933 | - |
Showing major subsidiaries. Total: 4.
Name History of Chalet Hotels Limited
Chalet Hotels has undergone 3 name changes throughout its history. The company was previously known as Kenwood Hotels Private Limited, K Raheja Resorts And Hotels Limited, and Chalet Hotels Private Limited. The current legal name is Chalet Hotels Limited.
| Company Name | Status |
|---|---|
| Chalet Hotels Limited | Current |
| Kenwood Hotels Private Limited | Previous |
| K Raheja Resorts And Hotels Limited | Previous |
| Chalet Hotels Private Limited | Previous |
CIN History of Chalet Hotels Limited
Chalet Hotels has 2 previous CINs, indicating changes in the company's corporate structure or registration details. The current CIN is L55101MH1986PLC038538, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L55101MH1986PLC038538 | Current |
| U55101MH1986PTC038538 | Previous |
| U55101MH1986PLC038538 | Previous |
News related to Chalet Hotels Limited
Recent Activity on Chalet Hotels Limited
Chalet Hotels Limited has 22 board changes on record since 1995: 12 appointments and 10 cessations. The latest: Gautam Mehra was appointed as Additional Director on 17 Jul 2026.
197 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Chalet Hotels Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Chalet Hotels Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Chalet Hotels Limited
Chalet Hotels has 4 GST registrations: 2 active and 2 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 29AAACK0411E1Z5 | Karnataka | Active | 01 Jul 2017 |
| 36AAACK0411E2Z9 | Telangana | Active | 01 Jul 2017 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Chalet Hotels Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Chalet Hotels Limited
Chalet Hotels is an active public limited company based in Mumbai, Maharashtra, India. The company works in hotel and accommodation services, within the travel and hospitality industry. It was incorporated on 06 January 1986 (40+ years old) and is registered under CIN L55101MH1986PLC038538. Listed on BSE: 542399 and NSE: CHALET.
Chalet Hotels reported revenue of ₹2,769.75 Cr for FY 2025-26 (up 61.2% YoY) based on consolidated financials.
Chalet Hotels has 12 current directors and KMP:
- Shwetank Singh - Managing Director
- Neel Chandru Raheja - Director
- Josephconrad Agnelo Dsouza - Director
- Ravi Chandru Raheja - Director
- Sanjay Sethi - Director
- Radhika Dilip Piramal - Director
- Manish Balkishan Chokhani - Director
- Hetal Madhukant Gandhi - Director
- Arthur William De Haast - Director
- Gautam Mehra - Additional Director
- Nitin Suresh Khanna - Nodal Officer
- Christabelle Bernadette Baptista - Company Secretary
The GSTIN of Chalet Hotels is 29AAACK0411E1Z5, registered in Karnataka. The company has 4 GST registrations in all, of which 2 are active and 2 are cancelled or inactive. Other active GSTINs include 36AAACK0411E2Z9 (Telangana).
The CIN (Corporate Identification Number) of Chalet Hotels is L55101MH1986PLC038538. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Chalet Hotels is listed on both BSE (code: 542399) and NSE (symbol: CHALET).
Chalet Hotels has 87 court cases on record: 45 filed by the company and 38 filed against it. 16 are pending. Most are in the high courts.
Chalet Hotels was incorporated on 06 January 1986, making it 40+ years old. It is registered with the Registrar of Companies, Mumbai.
Chalet Hotels has 19 deals on record (7 secondary share transfers, 6 funding rounds, 4 market trades), with disclosed funding of ₹380.95 Cr; the latest was in May 2024.
The peers of Chalet Hotels by revenue are Glider Buildcon Realtors Private Limited, Anant Raj Limited, Gaursons India Private Limited, Bagmane Developers Private Limited, Tellapur Technocity Private Limited and 5 more, all in the Real Estate industry (Builders and Developers, Hotels).
Gautam Mehra was appointed as Additional Director on 17 Jul 2026. Nitin Suresh Khanna was appointed as Nodal Officer on 12 Dec 2025. Manish Balkishan Chokhani was appointed as Director on 20 Jun 2025. Chalet Hotels has 22 board changes on record in total.
Chalet Hotels has 22 MSME Form 1 returns on record between 2019 and 2023, listing 7,789 overdue payments to 411 micro and small suppliers. The latest return was filed on 06 Nov 2023.