Leisure Services
Valuation | |
|---|---|
| Market Cap | 18.57 kCr |
| Price/Earnings (Trailing) | 30.62 |
| Price/Sales (Trailing) | 6.68 |
| EV/EBITDA | 17.35 |
| Price/Free Cashflow | -1.13 K |
| MarketCap/EBT | 23.23 |
| Enterprise Value | 20.94 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | -2.5% |
| Price Change 1M | -3.3% |
| Price Change 6M | -2.2% |
| Price Change 1Y | 13.6% |
| 3Y Cumulative Return | 32.9% |
| 5Y Cumulative Return | 36.5% |
| 7Y Cumulative Return | 16.5% |
Cash Flow & Liquidity |
|---|
| Revenue (TTM) |
| 2.78 kCr |
| Rev. Growth (Yr) | 26.9% |
| Earnings (TTM) | 605.85 Cr |
| Earnings Growth (Yr) | 28.5% |
Profitability | |
|---|---|
| Operating Margin | 28% |
| EBT Margin | 28% |
| Return on Equity | 16.94% |
| Return on Assets | 8.29% |
| Free Cashflow Yield | -0.09% |
| Cash Flow from Investing (TTM) | -1.39 kCr |
| Cash Flow from Operations (TTM) | 950.38 Cr |
| Cash Flow from Financing (TTM) | 495.59 Cr |
| Cash & Equivalents | 72.2 Cr |
| Free Cash Flow (TTM) | -18.73 Cr |
| Free Cash Flow/Share (TTM) | -0.86 |
Balance Sheet | |
|---|---|
| Total Assets | 6.97 kCr |
| Total Liabilities | 3.56 kCr |
| Shareholder Equity | 3.41 kCr |
| Current Assets | 848.32 Cr |
| Current Liabilities | 1.36 kCr |
| Net PPE | 3.31 kCr |
| Inventory | 309.75 Cr |
| Goodwill | 81.73 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.35 |
| Debt/Equity | 0.72 |
| Interest Coverage | 3 |
| Interest/Cashflow Ops | 6.4 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 1 |
| Dividend Yield | 0.12% |
| Shares Dilution (1Y) | 0.10% |
| Shares Dilution (3Y) | 6.7% |
Past Returns: Outperforming stock! In past three years, the stock has provided 32.9% return compared to 13.2% by NIFTY 50.
Profitability: Very strong Profitability. One year profit margin are 22%.
Insider Trading: There's significant insider buying recently.
Growth: Awesome revenue growth! Revenue grew 69.3% over last year and 181.9% in last three years on TTM basis.
Smart Money: Smart money has been increasing their position in the stock.
Balance Sheet: Strong Balance Sheet.
Size: Market Cap wise it is among the top 20% companies of india.
Momentum: Stock is suffering a negative price momentum. Stock is down -3.3% in last 30 days.
Technicals: SharesGuru indicator is Bearish.
Past Returns: Outperforming stock! In past three years, the stock has provided 32.9% return compared to 13.2% by NIFTY 50.
Profitability: Very strong Profitability. One year profit margin are 22%.
Insider Trading: There's significant insider buying recently.
Growth: Awesome revenue growth! Revenue grew 69.3% over last year and 181.9% in last three years on TTM basis.
Smart Money: Smart money has been increasing their position in the stock.
Balance Sheet: Strong Balance Sheet.
Size: Market Cap wise it is among the top 20% companies of india.
Momentum: Stock is suffering a negative price momentum. Stock is down -3.3% in last 30 days.
Technicals: SharesGuru indicator is Bearish.
Investor Care | |
|---|---|
| Dividend Yield | 0.12% |
| Dividend/Share (TTM) | 1 |
| Shares Dilution (1Y) | 0.10% |
| Earnings/Share (TTM) | 27.73 |
Financial Health | |
|---|---|
| Current Ratio | 0.62 |
| Debt/Equity | 0.72 |
Technical Indicators | |
|---|---|
| RSI (14d) | 43.39 |
| RSI (5d) | 39.08 |
| RSI (21d) | 44.25 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Sell |
| RSI Signal | Hold |
| RSI5 Signal | Hold |
| RSI21 Signal | Hold |
| SMA 5 Signal | Sell |
| SMA 10 Signal |
Summary of Chalet Hotels's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Chalet Hotels Limited management provided an optimistic outlook for the company during their Q2 FY26 earnings call. Dr. Sanjay Sethi, the outgoing MD and CEO, expressed gratitude for the journey over the past 26 quarters and highlighted the launch of a new brand, Athiva Hotels & Resorts, positioning it as a premium lifestyle brand designed for affluent young travelers. The brand is built on the pillars of joy, wellness, and sustainability and aims to enhance the company's reputation as a hospitality platform.
Shwetank Singh, who is to take over leadership, emphasized the company's strong performance despite external challenges, including geopolitical tensions and adverse weather conditions. Key financial highlights include:
Looking ahead, management highlighted strong demand from key markets, particularly in leisure and corporate segments, with a robust performance expected in the second half of the financial year. They also reaffirmed their commitment to maintaining disciplined capital allocation, with planned capex of INR 25 billion over the next three years aimed at sustainable growth. The recycling of capital was underlined by the completion of debt obligations, improving the company's balance sheet and liquidity position, along with a maiden interim dividend of INR 1 per share reflecting confidence in future performance.
Understand Chalet Hotels ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| CAPSTAN TRADING LLP | 7.54% |
| RAGHUKOOL ESTATE DEVELOPEMENT LLP | 7.54% |
| CASA MARIA PROPERTIES LLP | 7.54% |
| TOUCHSTONE PROPERTIES AND HOTELS PVT LTD | 6.63% |
| HDFC MUTUAL FUND - HDFC BSE 500 ETF | 6.17% |
| CAPE TRADING LLP | 6% |
| ANBEE CONSTRUCTIONS LLP | 6% |
Detailed comparison of Chalet Hotels against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| INDHOTEL | Indian Hotels Co. | 97.25 kCr | 9.3 kCr | -4.50% | -13.50% | 57.7 | 10.45 | - | - |
| EIHOTEL | EIH | 21.77 kCr | 2.94 kCr |
Comprehensive comparison against sector averages
CHALET metrics compared to Leisure
| Category | CHALET | Leisure |
|---|---|---|
| PE | 30.62 | 39.47 |
| PS | 6.68 | 6.74 |
| Growth | 69.3 % | 14.4 % |
Chalet Hotels Limited owns, develops, manages, and operates hotels and resorts in India. It also operates in rental and annuity, and real estate development business. The company's portfolio comprises hotels, service apartments, and commercial properties. In addition, it engages in construction and development of residential properties. Chalet Hotels Limited was incorporated in 1986 and is headquartered in Mumbai, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Sell |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
CHALET vs Leisure (2021 - 2026)
Question 1: Regarding the rebranding of Dukes to Athiva, what are the early trends in occupancy or ARR? Answer: It's early to provide detailed metrics, but initial feedback has been outstanding. We expect occupancy to stabilize at mid-60s within 3-4 quarters, and margins should remain strong despite the branding transition.
Question 2: Will occupancy return above 70% in the second half? What are steady-state occupancy levels?
Answer: We anticipate occupancy will rebound above 70% as we stabilize after adding new rooms. We don't provide specific forward-looking numbers, but we're confident about improvements as the demand landscape strengthens in the second half.
Question 3: What caused the marginal increase in lease space revenues this quarter?
Answer: Leasing activity was muted as we prioritize quality in tenant selection. We expect to see positive movements in the next quarter. Our target exit rental rate remains INR30 crores per month, up from the current INR24.5 crores.
Question 4: Do you have plans to enter management contracts for the Athiva brand?
Answer: For now, we are focused on our existing properties under the Athiva brand. While we're open to future opportunities, we have no immediate timeline or plans for an asset-light strategy.
Question 5: How do you expect the occupancy and ARR to shape up for resorts in the second half?
Answer: Resort performance was impacted by weather and fewer long weekends. However, we expect occupancy and ARR to improve in the second half as auspicious dates and festive periods return.
Question 6: Can you explain your strategy for the Delhi Airport hotel?
Answer: We plan a phased opening for our Delhi Airport hotel, fitting out public areas first. It will focus on transient guests. Our partnership with Taj will leverage their distribution and loyalty programs for better performance.
Question 7: What's the status of your residential projects and the promoter loan?
Answer: The promoter loan and preference shares have been fully paid off. Revenue from residential projects will provide around INR250 crores in cash flow post repayment of these loans.
Question 8: How is the wedding season shaping up for future bookings?
Answer: The wedding season is strong for the upcoming quarters, with positive early bookings. The lack of auspicious dates last quarter limited performance, but we're optimistic moving forward.
Question 9: What are the dynamics affecting the leasing business currently?
Answer: Although leasing activity has been slow, our strategy is to focus on quality tenants. Upcoming significant announcements are expected in the next quarter as we assess better options.
Question 10: Can you provide an update on the Airoli project approvals?
Answer: Airoli project approvals are moving positively, with expectations for completion in 2-3 months. We remain committed to the Hyatt brand for this project, which will host over 270 rooms.
| K RAHEJA PVT LTD | 5.67% |
| NEEL CHANDRU RAHEJA | 4.73% |
| SBI SMALL CAP FUND | 4.47% |
| NIPPON LIFE INDIA TRUSTEE LTD-A/C NIPPON INDIA MUL | 3.86% |
| PALM SHELTER ESTATE DEVELOPMENT LLP | 3.68% |
| JYOTI CHANDRU RAHEJA | 3.56% |
| ICICI PRUDENTIAL ELSS TAX SAVER FUND | 2.44% |
| RAVI CHANDRU RAHEJA | 2.37% |
| SUMATI RAVI RAHEJA | 2.36% |
| K RAHEJA CORP PRIVATE LIMITED | 1.73% |
| SUNDARAM MUTUAL FUND A/C SUNDARAM SMALL CAP FUND | 1.65% |
| IVORY PROPERTIES AND HOTELS PRIVATE LTD | 1.63% |
| GENEXT HARDWARE AND PARKS PRIVATE LTD | 0.37% |
Distribution across major stakeholders
Distribution across major institutional holders
| -1.90% |
| -9.30% |
| 32.74 |
| 7.41 |
| - |
| - |
| LEMONTREE | Lemon Tree Hotels | 10 kCr | 1.41 kCr | -17.60% | -13.60% | 45.4 | 7.08 | - | - |
| ROHLTD | Royal Orchid Hotels | 1.03 kCr | 356.77 Cr | -5.70% | +2.60% | 22.26 | 2.88 | - | - |
| 539 |
| 640 |
| 379 |
| 346 |
| 304 |
| Profit Before exceptional items and Tax | -18.1% | 168 | 205 | 269 | 159 | 118 | 79 |
| Exceptional items before tax | - | -1.02 | 0 | 0 | 0 | 0 | 0 |
| Total profit before tax | -18.6% | 167 | 205 | 269 | 159 | 118 | 79 |
| Current tax | -28.6% | 11 | 15 | 19 | 3.74 | -0.16 | 0.04 |
| Deferred tax | -8.8% | 32 | 35 | 47 | 31 | 22 | 218 |
| Total tax | -14.3% | 43 | 50 | 65 | 35 | 22 | 218 |
| Total profit (loss) for period | -20.1% | 124 | 155 | 203 | 124 | 97 | -138.51 |
| Other comp. income net of taxes | 45.8% | 0.42 | -0.07 | -0.07 | 0.49 | -0.21 | -0.21 |
| Total Comprehensive Income | -20.1% | 124 | 155 | 203 | 124 | 96 | -138.72 |
| Earnings Per Share, Basic | -23.2% | 5.67 | 7.08 | 9.3 | 5.68 | 4.42 | -6.35 |
| Earnings Per Share, Diluted | -23.2% | 5.66 | 7.07 | 9.28 | 5.67 | 4.42 | -6.35 |
| Debt equity ratio | 0% | 068 | 072 | 0.77 | 0.84 | 0 | 0 |
| Debt service coverage ratio | -0.5% | 0.0168 | 0.022 | 1.61 | 1.06 | 0 | 0 |
| Interest service coverage ratio | -0.9% | 0.0594 | 0.0678 | 7.64 | 5.32 | 0 | 0 |
| 13.2% |
| 215 |
| 190 |
| 151 |
| 94 |
| 86 |
| 151 |
| Finance costs | -29.2% | 137 | 193 | 154 | 140 | 145 | 145 |
| Depreciation and Amortization | 15.6% | 157 | 136 | 117 | 109 | 108 | 111 |
| Other expenses | 13.9% | 557 | 489 | 383 | 216 | 150 | 395 |
| Total Expenses | 5.4% | 1,212 | 1,150 | 944 | 633 | 523 | 917 |
| Profit Before exceptional items and Tax | 75.7% | 470 | 268 | 235 | -131.18 | -217.89 | 87 |
| Exceptional items before tax | - | 0 | 0 | 42 | -4.46 | -4.17 | -4.17 |
| Total profit before tax | 75.7% | 470 | 268 | 277 | -135.64 | -222.06 | 83 |
| Current tax | - | 3.79 | 0 | -0.03 | -3.86 | -6.5 | 20 |
| Deferred tax | 2822.2% | 295 | -9.8 | 90 | -68.18 | -102.82 | -18.27 |
| Total tax | 2850% | 298 | -9.8 | 89 | -72.03 | -109.32 | 1.23 |
| Total profit (loss) for period | -38.3% | 172 | 278 | 188 | -70.14 | -116.8 | 82 |
| Other comp. income net of taxes | 18.5% | -0.5 | -0.84 | -0.46 | 0.03 | -0.04 | -1.13 |
| Total Comprehensive Income | -38.4% | 171 | 277 | 187 | -70.12 | -116.85 | 80 |
| Earnings Per Share, Basic | -45.4% | 7.86 | 13.56 | 9.16 | -3.42 | -5.7 | 3.98 |
| Earnings Per Share, Diluted | -45.4% | 7.85 | 13.54 | 9.15 | -3.42 | -5.7 | 3.98 |
| Debt equity ratio | - | 0.74 | 0 | - | 0 | - | - |
| Debt service coverage ratio | - | 0.84 | 0 | - | 0 | - | - |
| Interest service coverage ratio | - | 5.57 | 0 | - | 0 | - | - |
| -43.7% |
| 72 |
| 127 |
| 52 |
| 14 |
| 24 |
| 92 |
| Investment property | 2.1% | 2,040 | 1,998 | 1,941 | 1,845 | 1,734 | 1,647 |
| Goodwill | 0% | 23 | 23 | 23 | 23 | 23 | 23 |
| Non-current investments | 0% | 765 | 765 | 211 | 211 | 166 | 166 |
| Loans, non-current | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Total non-current financial assets | 0.9% | 902 | 894 | 291 | 281 | 227 | 219 |
| Total non-current assets | 1.9% | 5,575 | 5,470 | 4,759 | 4,555 | 4,411 | 4,232 |
| Total assets | -1.2% | 6,738 | 6,819 | 5,865 | 5,544 | 5,202 | 4,930 |
| Borrowings, non-current | 22.4% | 1,605 | 1,311 | 1,086 | 1,659 | 2,286 | 2,208 |
| Total non-current financial liabilities | 20.7% | 1,724 | 1,429 | 1,184 | 1,754 | 2,363 | 2,288 |
| Provisions, non-current | 7.1% | 16 | 15 | 13 | 12 | 8.78 | 8.29 |
| Total non-current liabilities | 25% | 1,961 | 1,569 | 1,249 | 1,789 | 2,387 | 2,312 |
| Borrowings, current | -41.8% | 569 | 977 | 733 | 1,082 | 630 | 582 |
| Total current financial liabilities | -32% | 857 | 1,259 | 1,032 | 1,406 | 878 | 838 |
| Provisions, current | 12.3% | 9.05 | 8.17 | 8.93 | 7.74 | 12 | 11 |
| Current tax liabilities | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Total current liabilities | -39.5% | 1,312 | 2,167 | 1,780 | 1,896 | 1,119 | 1,069 |
| Total liabilities | -12.4% | 3,272 | 3,736 | 3,029 | 3,685 | 3,506 | 3,381 |
| Equity share capital | 0.5% | 219 | 218 | 218 | 205 | 205 | 205 |
| Total equity | 12.4% | 3,465 | 3,083 | 2,836 | 1,859 | 1,696 | 1,550 |
| Total equity and liabilities | -1.2% | 6,738 | 6,819 | 5,865 | 5,544 | 5,202 | 4,930 |
| 88.9% |
| 86 |
| 46 |
| -5.51 |
| -4.08 |
| - |
| - |
| Net Cashflows From Operating Activities | 36.3% | 970 | 712 | 494 | 61 | - | - |
| Cashflows used in obtaining control of subsidiaries | - | 563 | 0 | 0 | 0 | - | - |
| Proceeds from sales of PPE | -113.3% | 0 | 8.53 | 3.69 | 1.95 | - | - |
| Purchase of property, plant and equipment | 200% | 304 | 102 | 178 | 41 | - | - |
| Proceeds from sales of investment property | - | 5.17 | 0 | 0 | 0 | - | - |
| Purchase of investment property | 43.8% | 382 | 266 | 428 | 301 | - | - |
| Cash receipts from repayment of advances and loans made to other parties | 45.2% | 62 | 43 | 0.5 | 11 | - | - |
| Interest received | -55.8% | 8.08 | 17 | 3.84 | 5.08 | - | - |
| Other inflows (outflows) of cash | -553.7% | -39.83 | 10 | 18 | -59.73 | - | - |
| Net Cashflows From Investing Activities | -195.2% | -1,349.95 | -456.68 | -614.99 | -429.94 | - | - |
| Proceeds from issuing shares | -108.3% | 0 | 13 | 25 | 50 | - | - |
| Proceeds from issuing other equity instruments | - | 990 | 0 | 0 | 0 | - | - |
| Payments to acquire or redeem entity's shares | - | 16 | 0 | 0 | 0 | - | - |
| Proceeds from issuing debt | - | 75 | 0 | 0 | 0 | - | - |
| Proceeds from borrowings | 112.9% | 612 | 288 | 998 | 752 | - | - |
| Repayments of borrowings | 118.3% | 990 | 454 | 795 | 228 | - | - |
| Payments of lease liabilities | - | 9.31 | 0 | 0 | 3.97 | - | - |
| Interest paid | -31.2% | 118 | 171 | 138 | 126 | - | - |
| Other inflows (outflows) of cash | -395.8% | -70 | 25 | 45 | 0 | - | - |
| Net Cashflows from Financing Activities | 252.9% | 474 | -308.39 | 125 | 443 | - | - |
| Net change in cash and cash eq. | 273.6% | 94 | -52.58 | 4.23 | 75 | - | - |
Analysis of Chalet Hotels's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Dec 31, 2025
| Description | Share | Value |
|---|---|---|
| Hospitality (Hotels) | 83.4% | 491.3 Cr |
| Rental / Annuity Business | 12.6% | 74.4 Cr |
| Real Estate | 2.8% | 16.6 Cr |
| Unallocated | 1.2% | 6.9 Cr |
| Total | 589.2 Cr |