Sterling Holiday Resorts Ltd. has kicked off FY26 on a strong note, reporting its best-ever first-quarter performance. With an 8% year-on-year revenue growth to ₹1,392 million and a robust 25% rise in EBITDA to ₹514 million, Sterling continues to lead the way in delivering upscale experiential hospitality across India. The company also posted a 27% growth in Profit Before Tax to ₹371 million and remains debt-free, with cash reserves touching ₹2,963 million.
Healthy Performance Across Key Metrics
Even as Sterling increased its available room inventory by 21% year-on-year, the company maintained strong pricing power, with Average Room Rates (ARR) holding firm at ₹7,089. Room revenue rose 11% and Food & Beverage revenue surged by 16%, indicating balanced and healthy growth.
Expanding Presence Across India
With the addition of Sterling Kastoori in Rudraprayag and Sterling Vanavasa in Lansdowne the network now spans 54 destinations across the country – with a dominant presence in states like Rajasthan, Uttarakhand, Tamilnadu and Kerala; and in segments like wildlife and across the Himalayas.
Driving Sustainability and Social Impact
Through its ESG initiative, Sterling Sankalp, the company advanced key sustainability efforts such as expanding solar and heat pump installations and eliminating plastic bottled water with in-house bottling plants across multiple resorts. Its partnership with the Fairfax India Charitable Foundation facilitated the installation of dialysis machines across seven hospitals, extending its impact beyond hospitality.
