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Impact of rising LPG prices on hospitality & QSR stocks

in Economy, Market
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No fuel crisis in India: Govt says oil and gas supplies secure despite Middle East conflict
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Athira Sethu

Kochi, 1 April 2026

Shares of hotels, restaurants, and quick service restaurant (QSR) chains will be in focus on Wednesday, April 1, as the price of a 19 kg commercial LPG gas cylinder rises, effective from today. According to news reports, the price of a 19 kg cylinder has increased by ₹195.50 in Delhi and by ₹218 in Kolkata, as global oil prices surge due to the widening West Asia conflict. This marks the second price hike for commercial LPG gas within a month, affecting industries that rely on it, such as hotels and restaurants. As a result, stocks of companies like Jubilant FoodWorks, Westlife Foodworld, and Indian Hotels Company may face pressure if LPG costs continue to rise.

Price Changes for Commercial LPG Cylinder

CityPrice IncreaseNew Price (19 kg Cylinder)Date of Change
Delhi₹195.50₹2,078.50April 1, 2026
Kolkata₹218₹2,087.50April 1, 2026

Recent Price Hikes in Commercial LPG

DatePrice IncreasePrevious Price (Delhi)Current Price (Delhi)
March 1, 2026₹28₹1,801.50₹1,829.50
March 15, 2026₹114.5₹1,829.50₹1,883
April 1, 2026₹195.50₹1,883₹2,078.50

Impact on Hospitality and QSR Stocks

CompanyStock ImpactReason
Jubilant FoodWorksNegativeHigher LPG costs impacting restaurant operations
Westlife FoodworldNegativeIncreased cost pressures may hurt profit margins
Indian Hotels CompanyNegativeRise in LPG prices affecting hospitality costs

Global Oil Price Outlook

DateBrent Crude Price (US$)Forecast
Current PriceAround $100Elevated due to geopolitical tensions
Mid-2026 ForecastAbove $95Potential decline by Q3 2026
End of 2026 Forecast$70-$80Due to easing conflict and production recovery

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