India, Aug. 6 -- Sterling Holiday Resorts Limited (SHRL), one of India's leading hospitality companies, reported its strongest-ever quarterly performance, delivering record Revenue, EBITDA, Profit Before Tax and Operating Free Cash Flow in Q1 FY27. More importantly, the quarter reflects the emergence of a business that has fundamentally transformed itself over the last few years into a scalable, profitable and resilient hospitality platform.
Financial Highlights
- Revenue: Rs.1.7 billion (^21% YoY).
- EBITDA: Rs.620 million (^21% YoY), with an industry-leading 37% margin.
- Profit Before Tax (PBT): ^30% YoY, margin expansion of 200 bps.
- Operating Free Cash Flow: ^30%.
- Balance Sheet: Debt-free, cash reserves of Rs.3.7 billion.
Operating Excellence
- Occupancy: 77% (^700 bps despite inventory growth).
- Average Room Rate (ARR): Rs.7,809 (record high).
- RevPAR: ^20%.
- Revenue Mix: Room revenue ^29%, F&B revenue ^15%.
Scale & Growth
- Current Portfolio: 78 resorts, ~3,800 rooms across 65+ destinations.
- Pipeline: 35+ resorts, 2,000+ rooms.
- Strategy: Asset-right model balancing owned, leased, and managed properties.
Customer Excellence
- Sterling Kanha: Tripadvisor Best of the Best Award for 4th consecutive year (top 1% globally).
- Other Resorts: 28 received Travellers' Choice Awards, 12 winning for three consecutive years.
CEO's Statement (Vikram Lalvani)
- Q1 FY27 is a defining milestone, showing Sterling's transformation into a scalable, profitable, resilient platform.
- Focus on technology, AI, leadership, and capital discipline as enablers for the next growth phase.
- Ambition: Compound transformation over the......
Published by HT Digital Content Services with permission from Travel Media.