With room inventory of 20,581 rooms, Indian Hotels is a diversified player in the hotel industry through brands such as Taj, Vivanta, SeleQtions and Ginger brands.
IHCL’s operational performance for Q4FY22 remained below estimates, impacted by the omicron wave.
Indian Hotels Company announced Q1FY24 results:
Commenting on the Q1 FY24 performance, Puneet Chhatwal, Managing Director & CEO, IHCL, said, “IHCL ended the first quarter with a strong performance led by a double-digit revenue growth. Turnover crossed the Rs 1,500 crore mark, making it a historical Q1.”
He added, “Maintaining our industry-leading portfolio, IHCL signed 11 and opened 5 new hotels across all its brands. With our vast footprint across 125 locations, we will leverage the buoyancy in India’s travel and tourism sector. The outlook for the upcoming quarters remains strong with the pace of demand driven by domestic consumption momentum, global events, and revival of international arrivals.”
Giridhar Sanjeevi, Executive Vice President and Chief Financial Officer, IHCL said, “A strong focus on profitability and cash flow resulted in IHCL Consolidated reporting a steady EBITDA margin of 30.3% and net cash of Rs 889 crore as on 30th June 2023. In Q1, we have commenced capital investments towards renovation and upgradation of select hotels in our portfolio.”
Equity Capital: 7,981.96 Cr FV: 1.00
| Period | MF Net Purchase / (sold) | FII Net |
|---|---|---|
| LAST 1M | 15,612.36 | -19,132.24 |
| LAST 3M | 53,075.98 | -4,241.70 |
| LAST 6M | 58,662.39 | 138,824.89 |
| LAST 12M | 133,944.68 | 162,473.45 |
| Date | Action Type | Ratio |
|---|---|---|
| Jun 09, 2023 | Dividend | 100 |
| Jun 22, 2022 | Dividend | 40 |
| Jun 14, 2021 | Dividend | 40 |
Indian Hotels Co Ltd operates in the Hotels & Restaurants sector and has a market capitalization worth Rs. 16,477.17 crores, it was incorporated in the year 1899. It has reported consolidated sales of Rs. 1,575.16 crores in March’2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 500850, and also listed on the National Stock Exchange (NSE) with the code INDHOTEL.
The Indian Hotels Company Ltd is South Asias largest hospitality-based company. IHCL operates in various business areas like hotels, resorts, jungle safaris, palaces, spas, and in-flight catering services.
The company includes various well-established brands under its belt, such as The Taj, SeleQtions, Ginger, Vivanta, and ama Stays & Trails in the hotel business. The company has a total of 235 hotels and bungalows spread across 166 locations worldwide. The operations of the company are spread over in 12 countries. It has signed a total of 17 hotels in FY 2021-21. The promoters of the company own 40.75% of the stake in the company, Foreign Institutional Investors (FII) own 12.56%, Domestic Institutional Investors (DII) own 27.99% stake in the company, and others (such as public & retail investors) hold the balance of 18.7%.
In June 2021, quarterly net revenue was Rs. 207.4 crores, which has increased sharply by approximately 117.77 % from Rs. 95.25 crores for the April-June 2020 quarter. The quarterly net loss in June 2021 was Rs. 190.24 crores, which has improved and increased by nearly 20.34% from a net loss of Rs. 238.81 crores in June 2020. In June 2021, the reported operating profit was at Rs. 76.76 crores, which has improved sharply and increased by 533.67% compared to an operating loss of Rs. 17.17 crores in June’2020 quarter. From a negative EPS of Rs. 2.01 in June 2020, the EPS of Indian Hotels Co Ltd has improved and reached a negative EPS of Rs. 1.6 per share in June 2021. INDHOTELs stock closed at Rs. 138.55 on 20th August’2021 (NSE) and has given a positive return of 10.14% in the last six months and provided a positive return of 42.47% in the previous year.
Mandlik House, Mandlik Road, Mumbai, Maharashtra, 400001
| Tel | : | 91-22-66395515 |
| : | investorrelations:tajhotels.com | |
| Website | : | http://www.tajhotels.com |
Indian Hotels Ltd
| AGM Date (Month) | : | Jun |
| Face Value Equity Shares | : | 1 |
| Market Lot Equity Shares | : | 1 |
| BSE Code | : | 500850 |
| NSE Code | : | INDHOTEL |
| Book Closure Date (Month) | : | Jun |
| BSE Group | : | A |
| ISIN | : | INE053A01029 |
FAQ’s on Indian Hotels Co Ltd SharesYou can buy Indian Hotels Co Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Indian Hotels Co Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Oct 04, 2023 03:59 PM the closing price of Indian Hotels Co Ltd was ₹ 406.55.
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 Oct 04, 2023 03:59 PM, the market cap of Indian Hotels Co Ltd stood at ₹ 57,746.36.
The latest PE ratio of Indian Hotels Co Ltd as of Oct 04, 2023 03:59 PM is 55.28
The latest PB ratio of Indian Hotels Co Ltd as of Oct 04, 2023 03:59 PM is 0.14
The 52-week high of Indian Hotels Co Ltd is ₹ 436.45 while the 52-week low is ₹ 280.05
According to analyst recommendations, Indian Hotels Co Ltd has a “Buy” rating for the long term.
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