The Indian Hotels Company Ltd - Stock Valuation and Financial Performance

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

Indian Hotel Share Price

607.25 11.05 1.85%
as on 12-Apr'24 16:59

DeciZen - make an informed investing decision on Indian Hotel

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

The Indian Hotels Company stock performance -

mw4me loader
P/E Ratio (SA):
84.35
Market Cap:
86,437.9 Cr.
52-wk low:
325.5
52-wk high:
622.3

Is The Indian Hotels Company Ltd an attractive stock to invest in?

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

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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -8.5%0.4%4.9%4.5%4.8%6.7%7.3%-5.3%2%10.1%-
Value Creation
Index
-1.6-1.0-0.6-0.7-0.6-0.5-0.5-1.4-0.8-0.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,9302,0242,2682,4022,5842,7802,7431,1332,0033,7044,195
Sales YoY Gr.-4.9%12%5.9%7.6%7.6%-1.3%-58.7%76.8%84.9%-
Adj EPS -6.4-0.70.80.71.12.52.5-4.5-0.45.97.2
YoY Gr.-NANA-10.7%58.2%133%-0.4%-284.6%NANA-
BVPS (₹) 30.329.421.825.435.836.637.434.35762.267.4
Adj Net
Profit
-567-62.481.673.4130303302-557-588401,025
Cash Flow from Ops. 368401469458481547611-53.26931,227-
Debt/CF from Ops. 7.384.64.53.73.33.2-48.61.40.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 7.5%7.5%10.5%84.9%
Adj EPS NA41%33.9%NA
BVPS8.3%11.7%18.5%9.1%
Share Price 24.7% 32.8% 81.4% 85.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-18.9-2.43.32.93.66.86.7-12.7-0.99.911.1
Op. Profit
Mgn %
20.317.818.721.724.326.227.7-8.519.437.538.2
Net Profit
Mgn %
-29.4-3.13.63.1510.911-49.2-2.922.724.4
Debt to
Equity
11.20.90.70.40.40.40.60.10.1-
Working Cap
Days
33831928120313013715339320710583
Cash Conv.
Cycle
-18-16-11-6-4-3-719-7-1522

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 11.10%

Sales growth is growing at healthy rate in last 3 years 10.53%

Net Profit is growing at healthy rate in last 3 years 33.93%

Sales growth is good in last 4 quarters at 36.79%

No data to display

Latest Financials - The Indian Hotels Company Ltd.

Standalone Consolidated
TTM EPS (₹) 7.2 8.2
TTM Sales (₹ Cr.) 4,195 6,489
BVPS (₹.) 67.4 62.1
Reserves (₹ Cr.) 9,453 8,701
P/BV 9.01 9.77
PE 84.35 73.91
From the Market
52 Week Low / High (₹) 325.50 / 622.25
All Time Low / High (₹) 9.66 / 622.25
Market Cap (₹ Cr.) 86,438
Equity (₹ Cr.) 142.3
Face Value (₹) 1
Industry PE 62

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

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Analyst's Notes

Key Ratios of Indian Hotel

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales1,9302,0242,2682,4022,5842,7802,7431,1332,0033,704
Operating Expenses 1,5401,6661,8461,8821,9552,0511,9821,2301,6152,317
Manufacturing Costs426459500510528555543309452696
Material Costs177182210220233247236108173305
Employee Cost 473531615633650704725539624762
Other Costs 465494521519545545479275365554
Operating Profit 389359422520629729761-973881,387
Operating Profit Margin (%) 20.2%17.7%18.6%21.6%24.3%26.2%27.7%-8.6%19.4%37.5%
Other Income 78110107585591134111149110
Interest 129120243198193159238295305128
Depreciation 122118126151151169204204203208
Exceptional Items -737-229-734-55-75-16-155-57-22
Profit Before Tax -5212153262284418438-640-271,139
Tax 70846911913615436-1167296
Profit After Tax -590-8284143148264401-525-34843
PAT Margin (%) -30.6%-4.1%3.7%6.0%5.7%9.5%14.6%-46.3%-1.7%22.8%
Adjusted EPS (₹)-6.6-0.90.81.31.22.23.3-4.3-0.25.9
Dividend Payout Ratio (%)0%0%35%24%32%23%15%-9%-165%17%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 2,6942,6152,3762,7674,3944,4844,5844,2088,1008,839
Share Capital 81819999119119119119142142
Reserves 2,6132,5342,2772,6684,2754,3654,4654,0897,9588,697
Minority Interest0000000000
Debt2,3152,8991,5771,5021,7341,2551,7091,9494481
Long Term Debt2,1542,8981,5691,4951,7341,2481,7091,9344480
Short Term Debt1621770601501
Trade Payables173165173177208190255203240312
Others Liabilities 1,5841,5191,8421,7911,3681,9522,3592,7862,3442,628
Total Liabilities 6,7667,1985,9676,2377,7047,8818,9079,14711,13211,780

Fixed Assets

Gross Block2,9103,3292,2672,4572,8153,0664,0884,3364,4214,708
Accumulated Depreciation1,2131,3181252694165807779771,1691,357
Net Fixed Assets1,6972,0122,1422,1882,3992,4863,3113,3603,2523,351
CWIP 43214256108653413852112242
Investments 2,7622,9781,9553,0294,1614,1134,1524,4105,7746,281
Inventories40434548515159525667
Trade Receivables124139162214257250251197219379
Cash Equivalents 43356292312996148401,006764
Others Assets1,6681,5291,5796286418508481,037715696
Total Assets 6,7667,1985,9676,2377,7047,8818,9079,14711,13211,780

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 368401469458481547611-536931,227
PBT -5212153262284418438-640-271,139
Adjustment 925409329321405345345612485284
Changes in Working Capital 3-1453-45-90-3619-3917429
Tax Paid -403-66-80-118-180-1911461-225
Cash Flow From Investing Activity -181-419311-96-1,388-372-333-384-1,890-647
Capex -145-135-191-251-309-231-163-113-109-322
Net Investments -83-43233787-1,143-179-224-300-1,447-487
Others 481481656964375429-335163
Cash Flow From Financing Activity -184262-1,043-3691,013-207-2353391,804-701
Net Proceeds from Shares 00001,5000001,9820
Net Proceeds from Borrowing 39522-924-188-205-50134641-1,636-495
Interest Paid -116-94-114-118-236-115-124-191-223-47
Dividend Paid -75-10-36-42-53-71-59-47-57
Others -32-166-5-27-411-174-531,729-102
Net Cash Flow 3244-262-6106-3243-98607-120
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-19.68-3.093.375.574.135.948.85-11.94-0.569.95
ROCE (%)-6.992.187.649.858.699.2610.56-5.193.513.83
Asset Turnover Ratio0.280.290.340.390.370.360.330.130.20.32
PAT to CFO Conversion(x)N/AN/A5.583.23.252.071.52N/AN/A1.46
Working Capital Days
Receivable Days24242429333333723829
Inventory Days787777718106
Payable Days336340294290302294345775468331

The Indian Hotels Company Ltd Stock News

The Indian Hotels Company Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Indian Hotel on 12-Apr-2024 16:59 is ₹607.2.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 12-Apr-2024 16:59 the market cap of Indian Hotel stood at ₹86,437.9.
The latest P/E ratio of Indian Hotel as of 12-Apr-2024 16:59 is 84.35.
The latest P/B ratio of Indian Hotel as of 12-Apr-2024 16:59 is 9.01.
The 52-week high of Indian Hotel is ₹622.2 and the 52-week low is ₹325.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Indian Hotel is ₹4,195 ( Cr.) .

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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