In Week of Mar 28, 2026, Viceroy Hotels Ltd (Hotels) is outperforming Nifty 500 with +7.2% relative strength. Fundamentals: Strong. On a 7-week streak.
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
Based on Q3 FY26 earnings • Updated Feb 22, 2026
What: 168 premium rooms now operational with rate increase potential
Impact: +₹2.5 Cr revenue
“With all 168 rooms operational, we are positioned to capture strong occupancies and ADRs which have already risen from 6,000 to 6,800. The premium new rooms are expected to command 25 to 30% higher radias supporting our target of EITA margins”
What: Redesigned FnB outlets and premium restaurant driving revenue mix shift
Impact: +₹1.8 Cr revenue
“Food and beverage which already contributes 45% of revenues is expected to rise to 48% post renovation supported”
Earnings deceleration risks from management commentary
Trigger: Extended renovation timeline
Impact: -150 bps margin impact
Management view: On a 9-month basis, revenue was 94.5 crores compared to 97.1 crores last year, reflecting a 2.7% decline due to renovation related disruptions.
Monitor: Quarterly revenue growth
Key quotes from recent conference calls
“With all 168 rooms operational, we are positioned to capture strong occupancies and ADRs which have already risen from 6,000 to 6,800. — Management”
“EBIT margins improved significantly to 30.9% in Q3 versus 22.8% in last year, highlighting stronger operating leverage. — CFO”
“Looking ahead with renovation works nearing completion and new inventory coming online, we expect stronger operating leverage combined with cost discipline, efficiency improvements, and lower finance costs. We are confident of sustaining AITA margins above 30% and progressing towards our long-term benchmark of 40%. — CFO”
Forward-looking targets from management for next 2-4 quarters
Implied PAT Growth
15%
OPM Guidance
30%
Key Milestones
• Sustain EBITDA margins above 30%
• Progress toward 40% long-term benchmark
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | +3% | +38% | Inflection Up |
| PAT (Net Profit) | +57% | +80% | Stable |
| OPM | 31.0% | +100 bps | Stable |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 22, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Viceroy Hotels Ltd's latest quarterly results (Dec 2025) show
Viceroy Hotels Ltd's profit is growing with an stable trend.
Viceroy Hotels Ltd's revenue growth trend is turning around (inflection up).
Viceroy Hotels Ltd's operating margin is stable.
Viceroy Hotels Ltd's long-term compounding rates
Viceroy Hotels Ltd's earnings growth is stable with mixed signals on a sequential basis.
Viceroy Hotels Ltd's trailing twelve month (TTM) performance
Viceroy Hotels Ltd appears undervalued based on our fair value analysis.
Viceroy Hotels Ltd's current PE ratio is 11.7x.
Viceroy Hotels Ltd's current PE is 11.7x.
Viceroy Hotels Ltd's price-to-book ratio is 3.9x.
Viceroy Hotels Ltd is rated Strong with a fundamental score of 62.31/100. This score is calculated from objective financial metrics
Viceroy Hotels Ltd has a debt-to-equity ratio of N/A.
Viceroy Hotels Ltd's return ratios over recent years
Viceroy Hotels Ltd's operating cash flow is positive (FY2025).
Viceroy Hotels Ltd currently does not pay a significant dividend (yield 0.00%).
Viceroy Hotels Ltd's shareholding pattern (Dec 2025)
Viceroy Hotels Ltd's promoter holding has remained stable recently.
Viceroy Hotels Ltd has been outperforming Nifty 500 for 7 consecutive weeks, indicating building momentum.
Viceroy Hotels Ltd is a re-entry — it briefly dropped off the outperformance list but has now returned. Re-entries can signal renewed strength.
Viceroy Hotels Ltd has 2 key growth catalysts identified from recent earnings analysis
Viceroy Hotels Ltd has 1 key risk worth monitoring
In Q3 FY26, Viceroy Hotels Ltd's management highlighted
Viceroy Hotels Ltd's management has provided the following forward guidance for next 2-4 quarters
Based on quantitative research signals, here is why Viceroy Hotels Ltd may be worth studying
Viceroy Hotels Ltd investment thesis summary:
Viceroy Hotels Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
