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Indian Hotels Co. is a prominent player in the Hotels & Resorts sector, recognized by its stock ticker, INDHOTEL. With a substantial market capitalization of Rs. 105,945.9 Crores, the company operates on an impressive scale.
The Indian Hotels Company Limited, headquartered in Mumbai, India, has been in business since 1868. It owns, operates, and manages a wide array of accommodations, including hotels, palaces, and resorts, both domestically and internationally. The company boasts a diverse portfolio of brand names under which it operates, including Taj, SeleQtions, Vivanta, Ginger, amã Stays & Trails, TAJ SATS, and QMIN.
In addition to hospitality services, Indian Hotels Co. also provides a variety of offerings such as air catering, trails, stays, bars, restaurants, clubs, salons, spas, food and beverages, and boutiques.
Financially, Indian Hotels Co. has displayed considerable strength, reporting trailing revenue of Rs. 8,029.7 Crores and a profit of Rs. 1,913.8 Crores over the last four quarters. The company has enjoyed significant revenue growth of 178.5% over the past three years. Furthermore, it maintains a return policy for its investors, with a dividend yield of 0.32% per year and a recent payout of Rs. 2.75 per share.
However, it is notable that in recent years, the company has diluted shareholder holdings, with a 7.7% dilution observed over the last three years. Despite this, the overall performance emphasizes its profitability and resilience in the competitive hospitality industry.
Valuation | |
|---|---|
| Market Cap | 1.05 LCr |
| Price/Earnings (Trailing) | 51.34 |
| Price/Sales (Trailing) | 12.22 |
| EV/EBITDA | 31.66 |
| Price/Free Cashflow | 93.41 |
| MarketCap/EBT | 40.59 |
Fundamentals | |
|---|---|
| Revenue (TTM) | 8.56 kCr |
| Rev. Growth (Yr) | 27.43% |
| Rev. Growth (Qtr) | -4.05% |
| Earnings (TTM) | 2.04 kCr |
| Earnings Growth (Yr) | 28.36% |
| Earnings Growth (Qtr) | -11.05% |
Profitability | |
|---|---|
| Operating Margin | 26.54% |
| EBT Margin | 30.1% |
| Return on Equity | 16.42% |
| Return on Assets | 11.51% |
| Free Cashflow Yield | 1.07% |
Updated May 4, 2025
Despite the recent price increase, Indian Hotels Co has faced a year-to-date decline of 8.78%, reflecting overall market challenges.
The stock has a TTM P/E ratio of 69.27, significantly higher than the sector average of 46.52, indicating potential overvaluation.
Foreign institutional investor holdings have decreased to 26.96%, suggesting reduced interest from international investors.
Indian Hotels Co reported a net profit of Rs 582.32 Crores in its last quarter, showcasing solid financial performance.
Mutual fund holdings in Indian Hotels Co increased to 14.04%, indicating growing investor confidence.
Among 23 analysts, the stock has received 5 strong buy ratings, suggesting positive sentiment from market experts.
This information is AI-generated and may contain inaccuracies. Please verify from multiple sources.
Analysis of Indian Hotels Co.'s financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Mar 31, 2025
| Description | Share | Value |
|---|---|---|
| Hotel Services | 88.5% | 2.1 kCr |
| Air and Institutional catering | 11.5% | 278.6 Cr |
| Total | 2.4 kCr |
Balance Sheet: Strong Balance Sheet.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Profitability: Very strong Profitability. One year profit margin are 24%.
Growth: Awesome revenue growth! Revenue grew 23.2% over last year and 166.7% in last three years on TTM basis.
Smart Money: Smart money has been increasing their position in the stock.
Size: It is among the top 200 market size companies of india.
Momentum: Stock has a weak negative price momentum.
Comprehensive comparison against sector averages
INDHOTEL metrics compared to Leisure
| Category | INDHOTEL | Leisure |
|---|---|---|
| PE | 51.34 | 47.34 |
| PS | 12.22 | 8.24 |
| Growth | 23.2 % | 13.3 % |
INDHOTEL vs Leisure (2021 - 2025)
Understand Indian Hotels Co. ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| TATA SONS PRIVATE LIMITED | 35.66% |
| Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Midcap Fund | 2.33% |
| Nps Trust- A/C Sbi Pension Fund Scheme - State Govt | 1.61% |
| TATA INVESTMENT CORPORATION LTD | 1.26% |
| REKHA JHUNJHUNWALA | 1.02% |
| TATA CHEMICALS LIMITED | 0.83% |
| EWART INVESTMENTS LIMITED | 0.15% |
| TAJ MADURAI LIMITED | 0.08% |
| ORIENTAL HOTELS LIMITED | 0.06% |
| TATA INDUSTRIES LIMITED | 0.05% |
| TAIDA TRADING AND INDUSTRIES LIMITED | 0.01% |
| SIR DORABJI TATA TRUST (Mr R N Tata Mr. V Srinivasan Mr. V Singh Mr. R K Krishna Kumar) | 0% |
| SIR RATAN TATA TRUST(R N Tata,V Srinivasan,V Singh,J N Tata,R K Krishna Kumar,N N Tata,H C Jehangir) | 0% |
| LADY TATA MEMORIAL TRUST (Mr F K Kavarana DR.P B Desai Mr.S N Batliwalla DR.M Chandy) | 0% |
| TATA CONSUMER PRODUCTS LIMITED | 0% |
| TATA CAPITAL LTD | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
Summary of Indian Hotels Co.'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.
Last updated: May 25
The management of The Indian Hotels Company Limited (IHCL) provided a robust outlook for FY '26, expressing confidence in achieving double-digit revenue growth driven by strong domestic demand and a recovery in foreign tourist arrivals. Key forward-looking points from the management include:
Revenue Growth: Management anticipates continued demand growth, bolstered by over 70 auspicious wedding dates throughout the year. They forecast a strong start to the new financial year, with April 2025 consolidated revenue growing approximately 17% compared to April 2024.
Financial Performance: IHCL ended FY '25 with a consolidated revenue of INR 8,565 crores, a 23% year-over-year increase, and a profit after tax of INR 1,908 crores, with a notable growth of 27% in normalized PAT, excluding a one-time gain.
Expansion Plans: The company aims to open 30 or more hotels in FY '26, with a focus on capital-light growth strategies that have already led to 74 signings and 26 openings in FY '25, resulting in a total operational portfolio of 381 hotels.
Liquidity Position: IHCL has a strong liquidity position of INR 3,000 crores, enabling it to tackle potential headwinds and pursue consolidation opportunities.
Asset Management Initiatives and New Business Growth: Management emphasized continued focus on asset management and digital initiatives to enhance competitive advantage. The new business vertical, including brands like Ginger and Ama Stays & Trails, delivered a consolidated revenue of INR 602 crores, growing 40% in FY '25.
Capital Expenditure Plans: Management plans to invest approximately INR 1,200 crores in CAPEX for FY '26, with a focus on renovations and greenfield projects, to support ongoing growth and asset quality.
Overall, IHCL's management conveyed a confident outlook reflecting strong operational metrics, financial health, and strategic growth initiatives that align with their long-term goals.
Last updated: May 25
Karan Khanna: What headroom exists for greenfield openings given economic conditions? Ankur Dalwani: We discuss pure greenfield setups; the current focus is on leased or existing lands which make projects more viable. Opportunities in Tier-2 cities are appealing, such as Ekta Nagar. Expected payback is within 4-7 years.
Karan Khanna: What are the benefits of increased bookings from your website? Puneet Chhatwal: Increased bookings from our website save us about INR 700-1,500 per booking. Our website relaunch aims to boost traffic further, with aspirations to enhance this share moving forward.
Karan Khanna: Update on Taj Bandstand construction? Ankur Dalwani: Taj Bandstand is planned under our subsidiary. We're progressing well on approvals and expect construction to begin late this year after receiving necessary height endorsements.
Binay Singh: What does your CAPEX guidance look like for the next year? Ankur Dalwani: We're targeting around INR 1,200 crores for FY '26, focusing on renovations and digital initiatives, alongside some greenfield developments.
Binay Singh: Clarification on April's 17% revenue growth? Puneet Chhatwal: April saw growth aided by a low base last year, but strong demand is expected to continue into Q1. We're targeting sustainable double-digit growth ahead.
Binay Singh: Regarding foreign tourist arrivals post-pandemic? Puneet Chhatwal: The trend is improving. We've committed INR 25 crores to promote tourism and are optimizing travel agents' terms to increase business, alongside industry lobbying for government support.
Sumant Kumar: Why did TajSATS margins decline? Ankur Dalwani: New contracts altered revenue and cost structures, creating normalizing pressures on margins. Expected growth in revenue from these contracts can offset impacts.
Sumant Kumar: Prospects of U.S. and U.K. subsidiaries for FY '26? Puneet Chhatwal: Both markets show promise; San Francisco is recovering, and New York's financial position is improving, indicating a positive outlook for the year.
Prateek Kumar: Insights on city-wise RevPAR growth? Puneet Chhatwal: Mumbai, Delhi, and other metro markets performed well. Goa remains high but saw a dip due to its elevated base from prior periods.
Achal Kumar: On rising competition, how do you assess the industry structure? Puneet Chhatwal: Incoming competition is expected with India's growth. We plan to leverage our current cash position to seize opportunities, focusing on sustainable growth rather than merely expanding our footprint.
This summary captures the essence of the questions and answers from the earnings call within the specified character limit.
Detailed comparison of Indian Hotels Co. 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 |
|---|---|---|---|---|---|---|---|---|---|
| EIHOTEL | EIHHotels & Resorts | 22.45 kCr | 2.79 kCr | -5.73% | -20.06% | 29.7 | 8.03 | +11.39% | +44.73% |
| CHALET | Chalet HotelsHotels & Resorts | 19.62 kCr | 1.64 kCr | -0.55% | +8.65% | 194.02 | 11.95 | +20.81% | -56.48% |
| LEMONTREE | Lemon Tree HotelsHotels & Resorts | 10.95 kCr | 1.24 kCr | -1.54% | -8.00% | 49.98 | 8.83 | +23.98% | +39.73% |
| MHRIL | Mahindra Holidays & Resorts IndiaHotels & Resorts | 6.78 kCr | 2.93 kCr | -5.98% | -21.61% | 49.76 | 2.31 | +7.61% | +52.76% |
| TAJGVK | Taj GVK Hotels & ResortsHotels & Resorts | 2.51 kCr | 447.42 Cr | -3.57% | +15.41% | 22.08 | 5.6 | +11.73% | +41.08% |
Investor Care | |
|---|---|
| Dividend Yield | 0.32% |
| Dividend/Share (TTM) | 2.75 |
| Shares Dilution (1Y) | 0.00% |
| Diluted EPS (TTM) | 13.4 |
Financial Health | |
|---|---|
| Current Ratio | 2.09 |
| Debt/Equity | 0.02 |
| Debt/Cashflow | 9.77 |