The Indian Hotels Company Limited
The Indian Hotels Company Limited operates in Hotels & Resorts, part of the Consumer Services sector. It booked ₹2,484 cr of revenue in its latest quarter (Q2 FY27) and kept 14.1% of sales as profit. It is the largest of 9 Hotels & Resorts companies we track, by market value.
| Segment | FY25 | FY26 | Share |
|---|---|---|---|
| Hotel Services | 7,623 | 8,487 | 91% → 88% |
| Air and Institutional Catering | 716 | 1,210 | 9% → 12% |
| Total | 8,340 | 9,697 |
From the company's consolidated segment filings (Ind AS 108). Margin is segment operating profit (before interest & tax) over segment revenue; reconciliation rows like inter-segment eliminations are excluded from the mix.
Healthier than 59% of companies in Consumer Services, on all six measures of filed financials. Each measure is ranked against the 16–46 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 75
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold
What if I invest in INDHOTEL?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The slider starts at 15%, taken from this company's own free-cash-flow trend. That is history, not a forecast — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-11-04.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹2,484 cr |
| Other Income | ₹82 cr |
| Total Income | ₹2,566 cr |
| Cost of Materials | ₹229 cr |
| Purchases of Stock-in-Trade | ₹0 cr |
| Employee Benefit Expense | ₹706 cr |
| Finance Costs | ₹65 cr |
| Depreciation & Amortisation | ₹174 cr |
| Other Expenses | ₹844 cr |
| Total Expenses | ₹2,017 cr |
| Exceptional Items | ₹-4 cr |
| Profit before Tax | ₹545 cr |
| Tax Expense | ₹165 cr |
| Share of JV / Associates | ₹-3 L |
| Net Profit | ₹380 cr |
| Net margin on total income | 14.8% |
| Metric | Q4 FY26 | Q1 FY27 | Q2 FY27 |
|---|---|---|---|
| Revenue | 2,765 cr | 2,339 cr | 2,484 cr |
| Total income | 2,845 cr | 2,419 cr | 2,566 cr |
| Expenses | 2,015 cr | 1,886 cr | 2,017 cr |
| Profit before tax | 830 cr | 533 cr | 545 cr |
| Tax | 205 cr | 142 cr | 165 cr |
| Net profit (owners' share) | 600 cr | 358 cr | 349 cr |
| Net margin (owners' share, on revenue) | 21.7% | 15.3% | 14.1% |
| EPS (₹) | 4.21 | 2.51 | 2.46 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| The Indian Hotels Company Limitedthis company | ₹836 | ₹1.19 L cr | 85.0 | 10.2% | 14.1% | — |
| ITC Hotels Limited | ₹171 | ₹35,627 cr | 44.1 | 6.8% | 19.1% | — |
| Leela Palaces Hotels & Resorts Limited | ₹653 | ₹21,802 cr | 57.7 | 5.8% | 23.0% | — |
| EIH Limited | ₹294 | ₹18,388 cr | 39.3 | 8.9% | 17.8% | — |
| Chalet Hotels Limited | ₹811 | ₹17,751 cr | 51.6 | 9.3% | 16.8% | — |
| Ventive Hospitality Limited | ₹529 | ₹12,357 cr | 132.3 | 1.6% | 4.2% | — |
| Lemon Tree Hotels Limited | ₹114 | ₹9,048 cr | 49.3 | 13.2% | 13.4% | — |
| India Tourism Development Corporation Limited | ₹611 | ₹5,241 cr | 138.9 | 8.4% | 9.9% | — |
| Juniper Hotels Limited | ₹200 | ₹4,448 cr | 33.5 | 4.6% | 13.3% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Dividend | ₹3.25 / share | 23 Jun 2026 |
| Dividend | ₹2.25 / share | 30 Jun 2025 |
| Dividend | ₹1.75 / share | 7 Jun 2024 |
| Dividend | ₹1 / share | 9 Jun 2023 |
| Dividend | ₹0.4 / share | 22 Jun 2022 |
| Rights issue | 9:1 | 11 Nov 2021 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
The company also transacted with 4 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.