The Indian Hotels Company Ltd Stock Analysis

BSE: 500850 | NSE: INDHOTEL | Hotel, Resort & Restaurants | Large Cap

BSE Share Price Jan 27, 18:01
200.90 3.05 (1.54%)

DeciZen - Make an Informed Decision on Indian Hotel

Overall Rating
See How?

1. Quality

2. Valuation

Overvalued
P/E P/S EV/EBITDA

3. Price Trend

FAQ's

1. Is The Indian Hotels Company Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that The Indian Hotels Company Ltd is a average quality company.

2. Is The Indian Hotels Company Ltd undervalued or overvalued?

The key valuation ratios of The Indian Hotels Company Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is The Indian Hotels Company Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of The Indian Hotels Company Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Indian Hotel:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
The Indian Hotels Company Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 4.3%2.1%0.3%0.4%5%4.5%4.8%6.3%7.3%-5.3%-
Value Creation Index -0.7-0.9-1.0-1.0-0.6-0.7-0.6-0.5-0.5-1.4-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 1,8091,8761,9302,0242,2682,4022,5842,7802,7431,1331,542
YoY Gr. Rt. %-3.7%2.9%4.9%12%5.9%7.6%7.6%-1.3%-58.7%-
Adj EPS 1.80.3-0.8-0.70.80.71.12.32.5-4.5-2.9
YoY Gr. Rt. %--83.2%-373.3%NANA-17.3%58.2%116%7.4%-284.6%-
BVPS (₹) 38.937.130.229.421.825.435.836.637.434.344.9
Adj Net Profit 14927.1-72.6-62.488.473.4130281302-557-388
Cash Flow from Ops. 449332368401469458481547611-53.2-
Debt/CF from Ops. 67.67.384.64.53.73.33.2-48.7-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales -5.1%-13%-24%-58.7%
Adj EPS -211%-241.2%-262.4%-284.6%
BVPS -1.49.5-1.4-8.2
Share Price 13% 14.7% 15.7% 66.4%

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % 4.50.8-2.4-2.43.52.93.66.36.7-12.7-7.4
Op. Profit Mgn % 22.521.620.317.818.721.724.326.227.7-8.57.6
Net Profit Mgn % 8.21.4-3.8-3.13.93.1510.111-49.2-25.2
Debt to Equity 0.80.811.20.90.70.40.40.40.60.5
Working Cap Days 322330337319281203130138154394170
Cash Conv. Cycle -17-15-18-16-11-6-4-3-7190

Recent Performance Summary

Sales growth is good in last 4 quarters at 52.38%

Return on Equity is Poor

Sales growth has been subdued in last 3 years -24.03%

Latest Financials - The Indian Hotels Company Ltd.

Standalone Consolidated
TTM EPS (₹) -2.9 -4.6
TTM Sales (₹ Cr.) 1,542 2,248
BVPS (₹.) 44.9 39.6
Reserves (₹ Cr.) 5,794 5,100
P/BV 4.41 5.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 90.94 / 230.25
All Time Low / High (₹) 9.66 / 230.25
Market Cap (₹ Cr.) 26,144
Equity (₹ Cr.) 132.1
Face Value (₹) 1
Industry PE 37

Management X-Ray of Indian Hotel :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About The Indian Hotels Company Ltd

The Indian Hotels Company Limited (IHCL) and its subsidiaries bring together a group of brands and businesses that offer a fusion of warm Indian hospitality and world-class service. These include Taj - the hallmark of iconic hospitality, SeleQtions, a named collection of hotels, Vivanta, sophisticated upscale hotels and Ginger which is revolutionizing the lean luxe segment. Incorporated by the founder of the Tata Group, Jamsetji Tata, the Company opened its first hotel - The Taj Mahal Palace, in Bombay in 1903. IHCL has a portfolio of many hotels including under development globally across continents, countries and in many locations. The Indian Hotels Company Limited (IHCL) is South Asia’s largest hospitality company by market capitalization. It is primarily listed on the BSE and NSE.

Business area of the company

The company is South Asia’s largest hospitality focussed enterprise with true Indian origins.

Brands

  • Taj
  • SeleQtions
  • Vivanta

Retail Services

  • Jiva
  • Khazana
  • Salon
  • Food & Beverages

Other Services

  • Taj Holidays
  • Taj Experiences Gift Card

Awards

  • Ethical Boardroom Corporate Governance Awards 2019
  • Global Hospitality Icon of the Year Award at the Patwa International Travel Awards
  • Golden Peacock Award for Excellence in Corporate Governance 2019
  • CONDE Nast Traveller Readers’ Choice Awards 2019 - UK and US
  • CONDE Nast Traveller Gold List 2020
  • CONDE Nast Traveller India Readers’ Choice Awards 2019

Milestones

  • 1899: The Indian Hotels Company Limited is incorporated.
  • 1903: Launched the Taj Mahal Palace in Mumbai, India.
  • 1970: Takes over management of Taj lake Palace, Udaipur and Rambagh Palace, Jaipur.
  • 1974: launches Fort Aguada, The first five-star deluxe beach resort in Goa.
  • 1974: launches Taj Coromandal in Chennai.
  • 1979: Forays into Africa with Taj Pamodzi Lusaka, Zambia.
  • 1982: Acquires the ST. James’ court in London.
  • 1982: The Taj Palace, New Delhi, is opened for the Asian Games.
  • 1998: Opens Taj Exotic in Bentota, Sri Lanka.
  • 2000: Established Taj GVK Hotels and Resorts Limited in Hyderabad.
  • 2001: Launches Taj Exotica Resort and Spa in Maldives.
  • 2004: Launches Taj Wellington Mews Luxury Residency, Mumbai.
  • 2005: Forays into New York, US, with a management contract to operate the Pierre.
  • 2005: Restores Umaid Bhawan Palace in Jodhpur.
  • 2007: Acquires Ritz-Carlton in Boston, US, later rename the Taj Boston.
  • 2007: Launches Taj Campton place in San Francisco.
  • 2008: Launches The Gateway Hotels and Resorts.
  • 2008: South-West coastal Indian restaurants Quilon in London receives a Michelin- Star.
  • 2010: launches new brand Vivanta by Taj.
  • 2010: Celeberates the reopening of the Taj Mahal Palace in Mumbai after the terrorist attracts of 2008.
  • 2012: Launches a free two-year hospitality trade training programme for youth from below poverty line (BPL) families.
  • 2014: Rebrands and repositions Taj 51 Buckingham Gate suites & residency and ST. James’ Court, A Taj Hotel, London under the luxury brand.
  • 2015: Redesigns the award-winning programme, Taj innercircle announces the opening of Taj Duabi, Unveils ‘Tajness’.
  • 2017: IHCL restructures its brand architectures.
  • 2018: Unveils ‘Aspiration 2020’
  • 2018: Taj exotica resorts & spa, Andaman, a luxury resort offering, commences operation in February.
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