Indian Hotels Co. Ltd. (INDHOTEL) AI Stock Analysis

• Market Cap: ₹986.79B
• Dividend Yield: 0.3%
• Average Volume (3M): 68.98K
• Price to Earnings (P/E): 58.5
• Beta (1Y): 1.40
• Revenue Growth: 24.77%
• EPS Growth: 0.75%
• Country: IN
• Employees: 18,359
• Sector: Services
• Sector Strength: N/A
• Industry: Travel Lodging
• EPS (TTM): 2.00
• Shares Outstanding: 1,423,432,300
• 10 Day Avg. Volume: 70,915
• 30 Day Avg. Volume: 68,976
• PEG Ratio: 1.17
• Price to Book (P/B): 10.28
• Price to Sales (P/S): 13.39
• P/FCF Ratio: 102.38
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹915.00
• Price Target Upside: 27.80% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 66 Neutral
• Price Target: ₹812.00 ▲(13.42% Upside)

Indian Hotels Co. Ltd. shows strong financial performance with robust revenue growth and profitability, which is the most significant factor in the score. However, technical indicators suggest potential short-term weakness, and the valuation appears high, which could limit upside potential.

Positive Factors

Revenue Growth

Strong revenue growth indicates expanding market presence and effective business strategies, supporting long-term sustainability.

Profit Margin Improvement

Enhanced profit margins reflect effective cost management and operational efficiency, contributing to better profitability.

Cash Flow Generation

Robust cash flow generation ensures financial flexibility and supports future growth initiatives and debt management.

Negative Factors

Debt Fluctuations

Variability in debt levels may impact financial stability and require careful management to avoid liquidity issues.

Valuation Concerns

High valuation may limit upside potential and attract scrutiny, impacting investor sentiment and stock performance.

Dividend Yield

Limited income potential from dividends may deter income-focused investors, affecting stock attractiveness.

Indian Hotels Co. Ltd. Business Overview & Revenue Model

Company Description

The Indian Hotels Company Limited, together with its subsidiaries, owns, operates, and manages hotels, palaces, and resorts in India and internationally. The company primarily operates hotels under the Taj, SeleQtions, Vivanta, and Ginger brand names. It also offers air catering, trails, stays, bars, clubs, restaurants, salons, spas, food and beverages, and boutiques services. As of March 31, 2022, the company operated approximately 235 hotels with 28,107 rooms and approximately 430 restaurants in approximately 100 locations in approximately 12 countries. The Indian Hotels Company Limited was founded in 1868 and is based in Mumbai, India.

How the Company Makes Money

Indian Hotels Co. Ltd. primarily generates revenue through its hotel operations, which include room bookings, food and beverage sales, and ancillary services such as catering and event management. The company operates on a revenue model that includes both direct sales from its owned and managed hotels and franchise fees from properties operating under its brand. Key revenue streams include room rental income, which constitutes a significant portion of its earnings, followed by dining services and conference facilities. Additionally, INDHOTEL benefits from strategic partnerships with global travel agencies and online travel platforms, enhancing its market reach and occupancy rates. The company also focuses on domestic and international tourism trends, leveraging its brand reputation to attract a diverse clientele and maximize profitability.

Indian Hotels Co. Ltd. Financial Statement Overview

Summary

Indian Hotels Co. Ltd. has demonstrated strong financial performance with significant revenue growth and improved profit margins. The balance sheet shows financial stability with a manageable debt profile, and cash flows are robust, supporting future growth.

Income Statement

Indian Hotels Co. Ltd. has demonstrated strong revenue growth, with a significant increase from ₹29,175.7 million in 2022 to ₹85,650 million in 2025. The gross profit margin has improved consistently, indicating effective cost management. The net profit margin has also increased significantly in recent years, reflecting enhanced profitability. The EBIT and EBITDA margins show solid operational efficiency, with EBIT margin rising from negative to a healthy level over the period.

Balance Sheet

The balance sheet reveals a healthy financial position with a manageable debt-to-equity ratio that has improved over time due to increasing stockholders' equity. The return on equity has improved significantly, indicating effective use of shareholders' funds. The equity ratio shows strong financial stability. However, the company has experienced fluctuations in total debt levels, which requires monitoring.

Cash Flow

Cash flow analysis shows strong free cash flow generation despite fluctuations in capital expenditures. The operating cash flow to net income ratio indicates a robust conversion of earnings into cash. The free cash flow to net income ratio also underscores the company's capability to generate cash from its operations, supporting future growth and financial flexibility.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	90.68B	85.63B	69.16B	59.07B	31.28B	16.27B
Gross Profit	56.68B	53.93B	43.66B	36.45B	15.73B	4.90B
EBITDA	29.95B	28.93B	22.17B	18.26B	4.07B	-3.82B
Net Income	19.56B	19.08B	12.59B	10.03B	-2.48B	-7.20B
Balance Sheet
Total Assets	0.00	177.04B	148.56B	136.69B	130.90B	115.13B
Cash, Cash Equivalents and Short-Term Investments	30.80B	30.80B	22.10B	18.11B	20.90B	6.02B
Total Debt	0.00	30.84B	27.36B	31.39B	38.88B	55.18B
Total Liabilities	-124.16B	52.88B	47.27B	50.27B	54.34B	72.30B
Stockholders Equity	124.16B	111.61B	94.57B	79.82B	70.62B	36.48B
Cash Flow
Free Cash Flow	0.00	11.20B	12.84B	11.48B	3.54B	-5.34B
Operating Cash Flow	0.00	21.94B	19.35B	16.19B	6.72B	-3.19B
Investing Cash Flow	0.00	-18.92B	-12.10B	-1.45B	-16.42B	-1.20B
Financing Cash Flow	0.00	-5.47B	-9.85B	-15.28B	16.59B	2.80B

Indian Hotels Co. Ltd. Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 715.95
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:INDHOTEL, the sentiment is Negative. The current price of 715.95 is below the 20-day moving average (MA) of 729.83, below the 50-day MA of 727.45, and below the 200-day MA of 755.47, indicating a bearish trend. The MACD of -4.47 indicates Positive momentum. The RSI at 33.25 is Neutral, neither overbought nor oversold. The STOCH value of 11.98 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:INDHOTEL.

Indian Hotels Co. Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
EIHOTEL	72 Outperform	₹217.16B	32.65	―	0.41%	7.74%	0.11%
IRCTC	72 Outperform	₹510.08B	37.18	―	1.32%	7.66%	14.36%
INDHOTEL	66 Neutral	₹986.79B	58.53	―	0.30%	24.77%	0.75%
Sector *	55 Neutral	$13.29B	17.42	10.03%	0.93%	7.13%	-12.93%
INDIGO	55 Neutral	₹1.87T	36.62	―	0.20%	12.86%	-23.06%
LEMONTREE	54 Neutral	₹118.60B	53.87	―	―	16.03%	44.95%

Indian Hotels Co. Ltd. Corporate Events

IHCL Exits Taj GVK Stake, Shifts GVK Alliance to Long-Term Management Model

Indian Hotels Company Ltd. has restructured its long-standing partnership with the GVK-Bhupal family by exiting its 25.52% equity stake in Taj GVK Hotels and Resorts Ltd. and shifting to a long-term management arrangement for the portfolio. Following the transaction, the GVK-Bhupal family will hold 74.99% in Taj GVK, while IHCL will continue to manage six existing hotels and an upcoming 256-key Taj property in Yelahanka, Bengaluru, reinforcing their collaboration on marquee assets across Mumbai, Hyderabad, Chennai and Chandigarh. The move advances IHCL’s ‘Accelerate 2030’ capital-light strategy, raising its capital-light operating inventory to 67%, freeing up capital for high-margin growth and supporting its return-on-capital objectives, while Taj GVK targets expanding its portfolio to about 4,000 keys over the next five years, underscoring both partners’ commitment to capturing India’s hospitality growth.

Indian Hotels Releases Earnings Call Transcript for September 2025

Indian Hotels Company Limited has released the transcript of its earnings call for the quarter and half-year ending September 30, 2025. This disclosure is part of their compliance with SEBI regulations, ensuring transparency and communication with stakeholders. The availability of the transcript on the company’s website highlights their commitment to investor relations and maintaining an open line of communication with the market.

Indian Hotels Infuses $25 Million into Dutch Subsidiary

Indian Hotels Company Limited has infused $25 million as equity into its wholly-owned subsidiary, IHOCO BV, based in the Netherlands. This investment aims to support IHOCO BV’s subsidiaries by facilitating debt repayment and meeting operational needs, thereby strengthening the company’s financial positioning and operational capabilities.