VHLTD

What Viceroy Hotels promised, and what happened

Every commitment management made on a call, tracked from the quarter it was made — reaffirmed, revised, diluted or quietly dropped.

Guidance record · Q1 FY27

what the last two calls moved 18 tracked 1 delivered 2 missed 15 open
  • Capacity delivered said Q2 FY26 Promised: complete it by the end of Q3, FY26 Q1 FY27: Phase 1 completion confirmed, with occupancy normalizing to 83.65% and significant revenue uplift expected for the full year.
  • Capex went quiet said Q4 FY25 Promised: capex renovation of about INR 120 crores over the next two to three years Q1 FY27: No update on the total capex figure. Focus was on the progress of Phase 2 renovation.
  • EBITDA Margin on track said Q4 FY25 Promised: maintain that 30% above EBITDA margin post-renovation Q1 FY27: Margin dipped to 26.3% due to seasonality and renovation. Management reaffirmed the 30% target for the full year, expecting a strong H2.

The rest of the ledger

Above is what the last two calls moved. Pro opens all 18 tracked commitments for Viceroy Hotels — every quarter's revision, the source quote behind each one, and the topics management has stopped answering.

See what Pro opens