1. India Stocks

  2. •

    Consumer Cyclical

  3. •

    Travel Lodging
The Indian Hotels Company Limited

The Indian Hotels Company Limited

INDHOTEL.NS
The Indian Hotels Company LimitedIN flagNational Stock Exchange of India
656.30
INR
-5.35
- -
934.20BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
42.85
39.29
37.67
33.35
34.39
35.06
34.57
12.2
23.23
39.3
45.76
58.55
- -
61.96
Basic EPS, GAAP
-6.42
-4.07
-2.26
-0.55
0.89
2.34
2.89
-5.87
-1.97
7.06
8.86
13.4
- -
13.73
Free Cash Flow per Basic Share
6.06
4.92
6.06
4.64
-0.16
1.9
2.74
-4.36
2.82
7.95
9.04
7.87
- -
- -
Dividend per Share
1.04
0.18
0.23
0.4
0.39
0.56
0.62
0.49
0.42
0.45
1.09
1.77
- -
- -
Book Value per Share
-13.64
-15.9
0.86
-0.82
0.55
2.22
2.21
-5.23
-7.22
0.17
8.02
19.59
- -
- -
Tangible Book Value per Share
30.77
22.94
20.48
17.85
33.16
32.27
31.92
25.3
51.59
52.32
62.64
77.78
- -
- -
Basic Weighted Avg Shares
890
1,006
1,020
1,153
1,138
1,227
1,227
1,226
1,256
1,420
1,421
1,424
- -
1,424
Sales/Revenue/Turnover
38,133
39,536
38,438
38,456
39,127
43,005
42,412
14,960
29,176
55,820
65,042
83,345
96,892
88,254
Operating Margin (%)
6.66
5.14
7.04
8.11
9.45
11.67
13.31
-51.56
-0.04
24.88
26.22
27.01
26.73
26.65
Depreciation Expense
3,081
2,913
2,848
2,994
3,012
3,278
4,042
4,096
4,060
4,161
4,543
5,182
6,052
5,436
Net Income, GAAP
-5,713
-4,091
-2,311
-632
1,009
2,868
3,544
-7,201
-2,477
10,026
12,591
19,076
20,844
19,556
Effective Tax Rate (%)
- -
- -
- -
371.94
65.69
39.11
11.32
- -
- -
24.97
27.86
23.93
24.97
23.91
Profit Margin (%)
-14.98
-10.35
-6.01
-1.64
2.58
6.67
8.36
-48.14
-8.49
17.96
19.36
22.89
21.51
22.16
Working Capital
-13,372
-12,132
-14,714
-9,129
-1,739
-9,307
-4,635
-17,942
7,104
4,712
10,701
21,738
33,414
- -
LT Debt
30,239
33,754
34,190
27,899
23,292
16,875
39,684
40,702
32,483
26,070
24,714
29,917
27,501
- -
Total Equity
33,723
35,200
33,232
32,555
49,585
51,479
51,217
42,830
76,553
86,420
101,287
124,156
149,393
- -
Return on Invested Capital (%)
- -
- -
- -
-11.71
1.81
4.11
5.85
- -
- -
8.94
9.98
12.07
11.67
- -
Return on Capital (%)
- -
- -
- -
-20.49
5.22
11.8
14.49
- -
- -
30.43
32.16
33.16
34.81
74.26
Return on Common Equity (%)
- -
- -
- -
- -
- -
171.24
130.27
- -
- -
- -
216.41
97.11
142.2
- -

Capital Structure

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
ST Debt
- -
925
- -
LT Borrowings
- -
2,032
- -
LT Finance Leases
- -
27,886
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
- -
1,423
- -
Market Capitalization
1,248,693
1,120,674
1,082,940

Working Capital

FRC

•

in mil. unless spec.
Dec'25
Mar'25
Jun'26
Total Current Assets
- -
41,699
- -
Cash, Cash Equivalents & STI
- -
30,662
- -
Accounts Receivable, Net
- -
6,509
- -
Inventories
- -
1,355
- -
Total Current Liabilities
- -
19,962
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
925
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
18.89%
30.35%
20.33%
Free Cash Flow
-166.91%
16.45%
28.08%
Net Income, GAAP
-91.15%
-96.79%
9.27%
Sales/Revenue/Turnover
19.29%
49.45%
16.25%
Total Cash Common Dividend
38.48%
49.79%
35.91%

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
14,664
14,332
19,638
16,408
65,042
2025
15,502
18,261
25,330
24,251
83,345
2026
20,411
28,420
27,653
- -
96,892

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.57
1.18
3.18
- -
8.86
2025
1.75
3.89
4.09
3.67
13.4
2026
2.08
6.35
4.21
- -
- -

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.09
2025
- -
- -
- -
- -
1.77
2026
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Puneet Chhatwal
Full Time Employees
18,359
Sector
Consumer Cyclical
Industry
Travel Lodging
Address
Express Towers Mumbai India 400021
IPO Date
Jul 1, 2002
Website
ihcltata.com
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Business
The Indian Hotels Company Limited (IHCL), a flagship hospitality company of the Tata Group founded in 1902 and headquartered in Mumbai, India, owns, operates and manages a diverse portfolio of over 400 hotels across luxury, upscale, premium, midscale and boutique segments in more than 100 destinations spanning India, four continents and 14 countries including the US, UK, UAE, Sri Lanka, Maldives, Zambia, Saudi Arabia and Southeast Asia; its iconic brands encompass Taj Hotels Resorts Palaces Safaris offering luxury accommodations, jungle safaris, palaces and resorts; Vivanta providing upscale full-service hotels; SeleQtions featuring handpicked distinctive properties celebrating heritage and themes; Gateway delivering culturally infused midscale hotels; Ginger revolutionizing lean luxe midscale stays with contemporary amenities; Claridges Collection curating exquisite European-style luxury sanctuaries; Tree of Life offering boutique nature-immersed resorts; amã Stays & Trails providing charming private bungalows, villas and experiential trails; alongside Qmin for curated culinary deliveries and TajSATS for premium in-flight catering services; the company targets leisure, business and wellness travellers through Taj InnerCircle loyalty program with over 10 million members and emphasizes sustainability via Paathya initiatives. IHCL recently expanded through strategic acquisitions including a controlling 51% stake in Atmantan Wellness in late 2024 marking its foray into integrated wellness resorts with proprietary holistic programs; in 2025 its subsidiary Roots Corp acquired 51% stakes in ANK Hotels Pvt Ltd and Pride Hospitality Pvt Ltd for Rs 190.5 crore adding over 140 Clarks-branded midscale hotels, resorts and safaris primarily in India and Sri Lanka; it also inked partnerships such as with Ambuja Neotia Group for 15 new hotels in east and northeast India, and with ANK, Pride and Brij Hospitality for management of 150 additional properties doubling midscale presence; these moves support Accelerate 2030 strategy with 90+ new openings planned alongside 52 signings and 34 launches in FY24.