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Oriental Hotels Ltd share Price Today

Company details

133.50
139.00
79.05
142.40
6M Return 29.26%
1Y Return 62.69%
Mkt Cap.(Cr) 2,398.58
Volume 412,602
Div Yield 0.37%
OI
-
OI Chg %
-
Volume 412,602

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Incur '0' Brokerage upto ₹500
Omicron led restriction impacts Q4; Outlook stays strong
About The Stock

    Oriental Hotel (OHL) operates in South India with Indian Hotels Co Limited (IHCL) being one of the promoter entities. The company owns and operates 7 hotels with ~825 rooms across business & leisure locations south. It derives majority of the revenues from two of its properties in Chennai 1) Taj Coromandel 2) Taj – Fisherman’s Cove.

    Tata Group companies hold ~39.1% stake in OHL and the company is an associate of IHCL (28.6% stake). Apart from the ownership, the company has strong operational and financial linkage with IHCL

Q4FY22 update
    • Oriental Hotel’s revenue for Q4FY22 declined 13% QoQ to ₹66.1 crore due to lockdown during Jan-22 on account of omicron.
    • Margins were also lower by 800bps QoQ to 17.5%. This led to a marginal PAT of ₹4 lac vs ₹9.2 crore reported in Q3.
    • For the full year FY22, revenues grew 189% YoY to ₹ 219.4 crore though it was still 34% lower than pre-pandemic levels

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Oriental Hotels announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Revenue: Decreased to Rs 110.72 crore from Rs 115.56 crore
  • EBITDA: Decreased to Rs 30.14 crore from Rs 36.16 crore
  • Profit After Tax: Decreased to Rs 16.32 crore from Rs 17.79 crore

FY24 Financial Highlights:

  • Revenue: Slight increase to Rs 409.01 crore from Rs 407.96 crore
  • EBITDA: Decreased to Rs 114.17 crore from Rs 126.06 crore
  • Profit After Tax: Decreased to Rs 55.34 crore from Rs 58.47 crore

Business Highlights:

  • Reported the highest ever annual revenue of Rs 409 crores in FY 2023-24.
  • Noted a 12% growth in same-store revenue, despite the ongoing asset upgradation of Taj Malabar Resort & Spa.
  • Taj Malabar Resort & Spa is expected to re-open its first phase in May 2024.
  • Oriental Hotels Limited maintains market leadership in its key markets.
  • 74% of energy consumption in OHL hotels comes from renewable sources, aligning with IHCL's ESG framework of Paathya.

Pramod Ranjan, Managing Director & CEO, Oriental Hotels, said, “In FY24, the company reported its highest ever revenue of Rs 409 crore. This performance was enabled by a 12% growth in same store revenue offsetting the displacement due to asset upgradation of Taj Malabar Resort & Spa, Cochin which is slated to re-open with its first phase in May 2024.”

Result PDF

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Oriental Hotels Ltd shares SWOT Analysis

Strengths (7)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Company with Low Debt
  • Increasing Revenue every quarter for the past 2 quarters

Weakness (3)

  • Degrowth in Revenue and Profit
  • Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)
  • Fall in Quarterly Revenue and Net Profit (YoY)

Opportunity (1)

  • RSI indicating price strength

Threats (1)

  • High PE (PE > 40)

Resistance and support

R1 137.7
R2 141.1
R3 143.2
Pivot

135.60

S1 132.2
S2 130.1
S3 126.7
EMA SMA
132.1
128.5
123.2
112.9
131.7
128.1
126.1
109.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-12-01 113.7 906019 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2023-12-01 113.74 906019 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-10-09 101.55 1499736 NSE
Name Category Shares
PRAMOD RANJAN PROMOTER 8%
D. VARADA REDDY PROMOTER 3.7%
RAMESH DOULATRAM HARIANI PROMOTER 2.14%
DODLA AMIT REDDY PROMOTER 1.68%
D. VIJAYAGOPAL REDDY PROMOTER 1.45%
ROHIT REDDY D PROMOTER 1.24%
D NAVEEN REDDY PROMOTER 0.74%
D. ARUNA REDDY PROMOTER 0.72%
P. SHOBA REDDY PROMOTER 0.61%
JAKKA SUREKHA REDDY PROMOTER 0.58%
THE INDIAN HOTELS COMPANY LIMITED PROMOTER 28.54%
IHOCO B.V. PROMOTER 5.25%
PIEM HOTELS LIMITED PROMOTER 2.05%
TATA CHEMICALS LIMITED PROMOTER 1.41%
TAJ TRADE AND TRANSPORT COMPANY LIMITED PROMOTER 0.93%
TATA INVESTMENT CORPORATION LTD PROMOTER 0.6%
GIRIJA GOLLAMUDI REDDY PROMOTER 1.5%
DODLA PREMALEELA REDDY PROMOTER 1.13%
DODLA PRAKASH REDDY PROMOTER 0.73%
GOLLAMUDI VENKA REDDY PROMOTER 0.7%

OUR RESEARCH VIEW

Investment recommendation
Omicron led restriction impacts Q4; Outlook stays strong
Call Date
19 Apr 2022
Entry Price 63.00
Target Price 80.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Oriental Hotels Ltd Stocks COMPARISON

Financials( in Cr) Oriental Hotels Ltd Indian Hotels Co Ltd EIH Ltd Chalet Hotels Ltd Lemon Tree Hotels Ltd
Price 134.30 568.95 474.90 883.80 144.50
% Change -2.58 -1.44 4.13 -1.16 4.56
Mcap Cr 2,398.58 80,986.16 29,698.54 19,275.68 11,447.95
Revenue TTM Cr 219.40 5,809.91 2,018.81 1,128.47 874.99
Net Profit TTM Cr -12.84 971.43 329.10 183.29 140.54
PE TTM 48.35 64.22 53.98 79.91 91.46
1 Year Return 62.69 67.91 179.60 137.71 74.41
ROCE 0.59 13.63 15.77 9.13 11.51
ROE -2.88 12.81 11.89 10.90 14.39
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 439.83 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 18,183.55 -6,303.96
LAST 3M 84,754.55 29,461.59
LAST 6M 143,739.62 78,027.80
LAST 12M 225,070.18 190,276.46

Oriental Hotels Ltd Information

Stock PE (TTM)
48.35
Promoter Holding
67.55%
Book Value
34.6267
ROCE
0.59%
ROE
-2.88%
Description
  • Oriental Hotel Ltd is in the Hotels & Restaurants sector is having a market capitalization worth Rs. 627.78 crores, it is incorporated in the year 1970. It has reported consolidated sales of Rs. 24.68 crores in June’2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 500314, and also listed on the National Stock Exchange (NSE) with the code ORIENTHOT.

    Oriental Hotels has a network of seven hotels under its belt. Oriental Hotels are backed by a team of 682 permanent members and 370 contractual staff. It has been working with Indian Hotels Company Limited (IIHL) for over five decades now. Under this agreement, IIHL continues to maintain and operate the hotels under the ownership/ lease of Oriental Hotels Ltd. IIHL introduce a strategic plan named "RESET 2020 strategy" to combat the damages caused by COVID-19 to the business of the Oriental Hotels. In addition, OHL has introduced several community reach programs with a primary focus on promoting education & gender equality and eradicating hunger, poverty & malnutrition. The promoters of the company own 67.62% of the stake, Foreign Institutional Investors (FII) do not hold any stake in the company, Domestic Institutional Investors (DII) own 11.1% stake in the company, and others (such as public & retail investors) hold the balance of 21.28%.

    In June 2021, quarterly net revenue was Rs. 24.62 crores, which has increased by approximately 472.56 % from Rs. 4.3 crores for the April-June 2020 quarter. The quarterly net loss in June 2021 was Rs. 16.83 crores, which has improved and increased by nearly 28.08% from a net loss of Rs. 23.4 crores in June 2020. In June 2021, the reported operating profit was at Rs. 8.38 crores, which is also increased by 479.19% as compared to an operating loss of Rs. 2.21 crores for the quarter ending in June 2020. From a negative EPS of Rs. 1.31 in June 2020, the EPS of Oriental Hotels Ltd has risen to a negative EPS of Rs. 0.94 per share in June 2021. ORIENTHOT's stock closed at Rs. 35.15 on 26th August’2021 (NSE). Oriental Hotels Ltd has returned 50.54% in the last six months and returned 54.17% positively in the previous year.

Registered Address

Taj Coromandel Hotel, 37 Mahatma Gandhi Road, Chennai, Tamil Nadu, 600034

Tel : 91-44-66002827
Email : ohlshares.mad:tajhotels.com ; tchaccts.mad:tajhote
Website : http://www.orientalhotels.co.in
Registrar

Integrated Registry Mgt Servic

AGM Date (Month) : Jul
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 500314
NSE Code : ORIENTHOT
Book Closure Date (Month) : Jul
BSE Group : B
ISIN : INE750A01020

FAQ’s on Oriental Hotels Ltd Shares

You can buy Oriental Hotels Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Oriental Hotels Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Apr 26, 2024 04:02 PM the closing price of Oriental Hotels Ltd was Rs.134.30.

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 Apr 26, 2024 04:02 PM, the market cap of Oriental Hotels Ltd stood at Rs. 2,398.58.

The latest PE ratio of Oriental Hotels Ltd as of Apr 26, 2024 04:02 PM is 48.35

The latest PB ratio of Oriental Hotels Ltd as of Apr 26, 2024 04:02 PM is 0.26

The 52-week high of Oriental Hotels Ltd share price is Rs. 142.40 while the 52-week low is Rs. 79.05

According to analyst recommendations, Oriental Hotels Ltd Share has a "Buy" rating for the long term.

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