Encalm looks beyond airport lounges to build ₹5,000 crore hospitality business
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Encalm aims to build a ₹5,000 crore hospitality business by expanding beyond airport lounges.
- ✓The company reported ₹908 crore revenue in FY25 and expects ₹1,200 crore in FY26.
- ✓It plans to construct hotels in Delhi and Chennai.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Livemint
- Reading Speed
- 5 Minute(s)
- Market Focus
- India Economy
Founded in 2021, Encalm began operations the following year. Backed by Singapore-based private equity investor Gateway Partners, it reported revenue of about ₹908 crore in fiscal year 2025 (FY25), according to financial filings accessed through business intelligence platform Tofler. It expects turnover to reach ₹1,200 crore in FY26.
The company is looking to build hotels beyond airport premises, with Delhi and Chennai marking its first major hotel ventures outside the airport ecosystem. “We are also looking at land parcels in Delhi and Chennai. For Delhi, it will be around the airport. As we have done in Goa and Visakhapatnam, we will construct the hotels and give them to brands to operate as we have done with our other hotels, and remain brand-agnostic,” Sharma said.
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