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GMR Hospitality Secures Delhi Airport T3 F&B License, Targets ₹109 Cr Fee by FY28
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CNBC TV18•23-09-2026, 23:25
GMR Hospitality Secures Delhi Airport T3 F&B License, Targets ₹109 Cr Fee by FY28
- •GMR Hospitality Ltd, a subsidiary of GMR Airports Ltd, has won the bid for food and beverage outlets at Terminal 3 of Indira Gandhi International Airport, New Delhi.
- •The license agreement with Delhi International Airport Ltd (DIAL) grants GMR Hospitality rights to design, develop, operate, and maintain outlets until May 2036, with a potential 10-year extension.
- •GMR Hospitality will pay DIAL a revenue-share based license fee, a minimum monthly guarantee, and advertisement fees.
- •The estimated aggregate license fee is ₹49 crore for FY2026-27 and ₹109 crore for FY2027-28.
- •GMR Airports is focusing on non-aero business and airport-linked real estate to drive earnings, alongside targeting 4-5% passenger growth in FY27.
Key Questions Answered
The estimated aggregate licence fee for the food and beverage outlets at Terminal 3 of Indira Gandhi International Airport is approximately ₹109 crore for the financial year 2027-28.
GMR Hospitality will operate and maintain the outlets under an initial licence period running up to May 2036, which may be extended by another 10 years.
GMR Airports is targeting a passenger growth rate of 4% to 5% for FY27, supported by the addition of new network airports like Nagpur and Bhogapuram.
