Download App
Help CenterSubscribe
Money Works 4 Me Logo MoneyWorks4Me
Talk to Advisor
Login Get Free Account
Sign Up

MoneyWorks4Me

Log In Sign Up Schedule Free 15‑min Call
Login Get Free Account
Sign Up

The Indian Hotels Company Ltd (INDHOTEL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500850 NSE: INDHOTEL Hotel, Resort & Restaurants | Mid Cap | The Indian Hotels Co Share Price

₹717.75 -2.75 (-0.38%)

As on 11-Sep'26 16:59

The Indian Hotels Company Ltd (INDHOTEL)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 500850 NSE: INDHOTEL Hotel, Resort & Restaurants | Mid Cap | The Indian Hotels Co Share Price

₹717.75 -2.75 (-0.38%)

As on 11-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹1,02,167 Cr.
Current Price
₹717.8
52-Week Low / High
₹565 / 792
TTM EPS
₹15.1
TTM Sales
₹9,987 Cr.
Book Value per Share
₹94.4
P/E Ratio
47.61
Lower than its 5-year historical median
Industry PE
39
Price to Book (P/B)
7.60
In line with its 5-year historical median
Price to Sales (P/S)
10.23
Lower than its 5-year historical median
EV/EBITDA
27.94
Lower than its 5-year historical median
Dividend Yield
0.45%
Profitability Efficiency
Return on Equity (ROE)
18.13%
Outperforms industry median
Return on Capital Employed (ROCE)
25.70%
Outperforms industry median
Return on Assets (ROA)
11.60%
Operating Profit Margin
33%
Net Profit Margin
22.66%
Gross Profit Margin
33.6%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
9.42%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
15.36%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
11.93%
Asset Quality
Promoter Holding
38.12%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹13,301 Cr.
Equity
₹142.3 Cr.
Face Value
₹1
All Time Low / High
₹9.66 / 894.15

The Indian Hotels Company stock performance

Key Ratios
mw4me loader

Check Before You Invest

Check Before You Invest

Quality

Somewhat Good
Check detailed performance

Valuation

Somewhat Overvalued

Check Valuation charts

Price Trend

Semi Strong
Check Price chart
Q.1 Is The Indian Hotels Company Ltd a good quality company?
The Indian Hotels Company Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

View More

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

View More
How does The Indian Hotels Company Ltd performance compare with that of its Peers?
Q.1 Revenue growth of The Indian Hotels Company Ltd vs industry peers?
The Indian Hotels Company Ltd revenue CAGR is 43.81%, compared to the industry median CAGR of 43.81%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of The Indian Hotels Company Ltd?
Promoters hold 38.12% of the The Indian Hotels Company Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of The Indian Hotels Company Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 20.1% based on the current price.
View More

10 Year X-Ray :

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 ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ9.9%8.7%9.3%10.6%-5.2%3.5%13.8%16.4%18.6%22.4%-
Value Creation
Index ⓘ		-0.3-0.4-0.3-0.2-1.4-0.70.20.50.71.0-

Growth Parameters ⓘ
Sales ⓘ2,4022,5842,7802,7431,1332,0033,7044,4064,9175,3805,567
Sales YoY Gr.-7.6%7.6%-1.3%-58.7%76.8%84.9%18.9%11.6%9.4%-
Adj EPS ⓘ0.71.12.52.5-3.5-0.45.989.911.914.8
YoY Gr.-58.2%133%-0.4%-242.7%NANA34.9%23.6%21.2%-
BVPS (₹) ⓘ25.435.836.637.434.35762.271.379.189.792.1
Adj Net
Profit ⓘ		73.4130303302-431-588391,1351,4011,6992,105
Cash Flow from Ops. ⓘ458481547611-53.26931,2271,5281,5171,714-
Debt/CF from Ops. ⓘ4.53.73.33.2-48.61.40.4000-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ9.4%36.6%13.2%9.4%
Adj EPS ⓘ37.7%NA26.4%21.2%
BVPSⓘ15.1%21.2%13%13.4%
Share Price 20.1% 36.9% 20.1% -7.7%

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ		2.93.66.86.7-9.8-0.99.91213.114.216.3
Op. Profit
Mgn % ⓘ		21.724.326.227.7-8.519.437.538.941.342.443.1
Net Profit
Mgn % ⓘ		3.1510.911-38-2.922.725.828.531.637.8
Debt to
Equity ⓘ		0.70.40.40.40.60.10.1000-
Working Cap
Days ⓘ		203130137153393207105938684119
Cash Conv.
Cycle ⓘ		-6-4-3-719-7-15-16-13-1370

Valuation of The Indian Hotels Co - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

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 (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales4,0214,1044,5124,4631,5753,0565,8106,7698,3359,689
Operating Expenses ⓘ + 3,4113,4333,6823,4961,9372,6514,0054,6125,5656,495
Manufacturing Costs8378459219034746981,1131,2541,4391,626
Material Costs364376404371144257473521774951
Employee Cost 1,3651,3471,4711,4958941,1501,5821,8052,1512,487
Other Costs ⓘ 8458658867284255468371,0321,2021,432
Operating Profit ⓘ 610670830968-3624051,8042,1572,7693,195
Operating Profit Margin (%) 15.2%16.3%18.4%21.7%-23.0%13.2%31.1%31.9%33.2%33.0%
Other Income ⓘ + 637187132165155139183230282
Exceptional Items ⓘ -11227411601630305276
Interest ⓘ 332279194341403428236220208221
Depreciation ⓘ 299301328404410406416454518605
Profit Before Tax ⓘ 31184402396-850-2581,2951,6662,5782,926
Tax ⓘ 11412115745-155-36323464617731
Profit After Tax -8363245351-694-2229711,2021,9612,195
PAT Margin (%) -2.1%1.5%5.4%7.9%-44.1%-7.3%16.7%17.8%23.5%22.7%
Adjusted EPS (₹)-0.60.82.32.9-5.9-1.77.18.913.414.6
Dividend Payout Ratio (%)-54.80%47.20%20.70%16.80%-6.60%-22.90%14.20%19.80%16.80%22.20%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 2,5184,1814,3484,3573,6487,0627,9829,45711,16113,052
Share Capital ⓘ 99119119119119142142142142142
Reserves ⓘ 2,4194,0624,2294,2383,5306,9207,8409,31411,01812,910
Debt +2,8082,3341,7232,2922,4661,4613644720347
Long Term Debt2,7902,3291,6882,1262,2241,3883314720347
Short Term Debt185361662437333000
Minority Interest73877780076563559366067212551887
Trade Payables293340325389318387477519578720
Others Liabilities ⓘ 2,2421,6822,3183,6394,3283,4294,0274,0394,4194,515
Total Liabilities ⓘ 8,5999,3149,51411,44211,39512,93213,51114,73317,61620,221

Fixed Assets

Net Fixed Assets ⓘ +5,8156,1636,4228,0598,4388,4158,8199,31110,91812,210
Gross Block6,3486,9817,5649,60910,48510,87011,67512,61314,89516,927
Accumulated Depreciation5338191,1421,5502,0482,4542,8563,3023,9774,717
CWIP ⓘ 223197116244165194332256633787
Investments ⓘ 1,2441,5111,3351,4271,4831,9671,8912,2612,2793,606
Inventories8086809493101109116135150
Trade Receivables272329321290220255446476651727
Cash Equivalents 2472702413161541,1881,0531,4862,1821,831
Others Assets ⓘ 7187599981,013843812860827819909
Total Assets ⓘ 8,5999,3149,51411,44211,39512,93213,51114,73317,61620,221
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + 535492711823-3196721,6191,9352,1942,471
PBT ⓘ 31184402396-850-2581,2951,6662,5782,926
Adjustment ⓘ 651554535611584754551543251275
Changes in Working Capital ⓘ -60-103-2823-771212436-53-63
Tax Paid ⓘ -87-142-197-2062355-250-309-581-667
Cash Flow From Investing Activity ⓘ + 855-529-388-502-120-1,642-145-1,210-1,892-1,727
Capex 419-505-460-312-187-285-428-633-1,062-1,028
Net Investments 437-16920-24727-1,03216753-159-891
Others ⓘ -1145525740-326116-630-672192
Cash Flow From Financing Activity ⓘ + -1,38196-343-2652801,659-1,528-985-547-976
Net Proceeds from Shares ⓘ 01,5000003,98217016
Net Proceeds from Borrowing ⓘ -1,064-936-18195638-1,533-1,150-534-50-200
Interest Paid ⓘ -164-409-151-155-232-281-83-67-27-22
Dividend Paid ⓘ -46-45-69-76-60-52-64-155-252-342
Others ⓘ -108-1557-129-66-457-232-235-218-429
Net Cash Flow ⓘ 859-2056-158688-53-260-245-232
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)-3.261.895.748.06-17.34-4.1512.9113.7819.0318.13
ROCE (%)5.577.48.9710.81-6.272.0817.1520.3726.4125.7
Asset Turnover Ratio0.440.460.480.430.140.250.440.480.520.51
PAT to CFO Conversion(x)N/A7.812.92.34N/AN/A1.671.611.121.13
Working Capital Days
Receivable Days23.3026.7026.302559.1028.402224.9024.7026
Inventory Days7.307.406.707.1021.6011.606.606.105.505.40
Payable Days291306.90300.50351.90897.30500.30333.40349258.90249.20

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

The Indian Hotels Company Ltd FAQs

The current trading price of The Indian Hotels Co on 11-Sep-2026 16:59 is ₹717.8.

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 10-Sep-2026 the market cap of The Indian Hotels Co stood at ₹1,02,166.9 Cr

The latest P/E ratio of The Indian Hotels Co as of 10-Sep-2026 is 48.55.

The latest P/B ratio of The Indian Hotels Co as of 10-Sep-2026 is 7.80.

The 52-week high of The Indian Hotels Co is ₹792.4 and the 52-week low is ₹565.2.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of The Indian Hotels Co is ₹5,567 ( Cr.) .

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

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

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

About The Indian Hotels Company Ltd

The Indian Hotels Company (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 iconic brand for the most discerning travellers.  Claridges Collection, a curated set of boutique luxury hotels merging elegance with historical charm; SeleQtions, a named collection of hotels; Tree of Life, private escapes in tranquil settings; Vivanta, sophisticated upscale hotels; Gateway, full-service hotels designed to be your gateway to exceptional destinations and Ginger, which is revolutionising 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 is India’s largest hospitality company by market capitalization. It is listed on the BSE and NSE. IHCL is committed to scaling up existing brands and nurturing new Food and Beverage (F&B) concepts and enhancing customer experiences by creating unique dining opportunities through innovation, strategic initiatives and partnerships.

Business area of the company

IHCL is India’s largest hospitality Company in South Asia and has been an industry pioneer for many decades. The company is primarily engaged in the business of owning, operating & managing hotels, palaces and resorts and air and institutional catering.

Brands

  • Taj 
  • Claridges Collection
  • SeleQtions 
  • Vivanta
  • Gateway
  • Ginger
  • Tree of Life
  • Ama stays & Trails
  • Qmin
  • TajSATS 

Retail Services

  • Jiva
  • Khazana
  • Salon
  • Food & Beverages

Other Services

  • Taj Holidays
  • Taj Experiences Gift Card

Awards

  • 2019: Ethical Boardroom Corporate Governance Awards 2019
  • 2019: Global Hospitality Icon of the Year Award at the Patwa International Travel Awards
  • 2019: Golden Peacock Award for Excellence in Corporate Governance 2019
  • 2019: CONDE Nast Traveller Readers’ Choice Awards 2019 - UK and US
  • 2019: CONDE Nast Traveller India Readers’ Choice Awards 2019
  • 2020: CONDE Nast Traveller Gold List 2020
  • 2020: The Indian Hotels Company (IHCL) Receives Top Honours At The Ethical Boardroom Corporate Governance Awards 2019 For Second Consecutive Year
  • 2021: IHCL Achieves Global Recognition at the Worldwide Awards 2021
  • 2022: IHCL wins honours at the prestigious Golden Peacock Awards 2022 for efficient risk management
  • 2022: Taj Wellington Mews, Chennai Lauded as an Honoree on Travel + Leisure’s Global Vision Awards 2022
  • 2023: IHCL hotels honored at National Tourism Awards on World Tourism Day
  • 2023: IHCL Honoured at the Economic Times Legal Awards 2023
  • 2023: IHCL recognised for risk management at the prestigious Golden Peacock Awards
  • 2023: IHCL wins honours at the India risk management awards, 2023
  • 2024: IHCL honoured at India Risk Management Awards 2024
  • 2024: Taj hotels honoured at CONDE NAST Traveller Readers' Travel Awards

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.
  • 2019: Indian Hotels takes over management of Cidade de Goa
  • 2019: Indian Hotels enters into homestay market with Ama Trails & Stays
  • 2019: Indian Hotels launches new hotel brand 'SeleQtions'
  • 2019: Indian Hotels ties up with Sankalp In
  • 2020: Indian Hotels Company signs SeleQtions hotel in Uttarakhand
  • 2020: Indian Hotels Company’s Ginger signs new hotel in Kolkata
  • 2020: Indian Hotels Company signs Vivanta hotel in Arunachal Pradesh
  • 2020: Indian Hotels launches home delivery platform
  • 2020: Indian Hotels signs luxury hotel in Maharashtra
  • 2021: Indian Hotels Company’s Qmin introduces comfort food menus on Qmin App
  • 2021: Indian Hotels Company steps into Hampi
  • 2021: Indian Hotels Company signs agreement with Bengaluru Airport City
  • 2021: Indian Hotels Company opens Pilibhit House
  • 2022: Indian Hotels Company opens Raajkutir in Kolkata
  • 2022: Indian Hotels Company’s Ginger launches new hotel in Greater Noida
  • 2022: Indian Hotels Company’s Ginger launches new hotel in Greater Noida
  • 2023: Indian Hotels Company signs two Taj resorts in Lakshadweep
  • 2023: Indian Hotels Company expands SeleQtions hotel ‘Devi Ratn’
  • 2023: Indian Hotels Company partners with Tata Strive, Madhya Pradesh Tourism Board
  • 2023: Indian Hotels Company partners with VFS Global for academy in Lucknow
  • 2023: Indian Hotels Company opens Ginger hotel in Tamil Nadu
  • 2024: Indian Hotels Company opens Ginger Durgapur in Rajbandh
  • 2024: Indian Hotels Company inaugurates 32nd skill training centre in Gujarat
  • 2024: Indian Hotels Company opens Ginger hotel in Ahmedabad
  • 2024: Indian Hotels Company signs SeleQtions hotel in Gujarat
  • 2024: Indian Hotels Company opens Taj Puri Resort & Spa in Odisha
  • 2025: IHCL completes acquisition of 55% stake in Rajscape Hotels
  • 2025: Indian Hotels Company signs Gateway resort in Gwalior
  • 2025: Indian Hotels Company forays in Diu with launch of SeleQtions and Gateway brands
  • 2025: Indian Hotels Company introduces Claridges Collection
  • 2025: Indian Hotels Company signs new 160 key greenfield hotel in Jaipur
You have 47 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now