Indian Hotels Company’s main products/revenue segments include rooms, restaurants and other services and other operating income for the year ending 31-Mar-2024.
Financial
For the quarter ended 30-09-2024, the company reported Rs. 1890.22 crores reported a consolidated total revenue, compared to the last quarter’s total revenue of Rs. 1596.27 crores up by 18.41% and 27.64% higher than the total revenue of Rs.480.1 crores in the corresponding quarter last year. . The company reported a net profit after tax of Rs 573.21 crore in the latest quarter.
Investment rationale
-
Stock trading
Options Trading Made Easy: Options Trading Course
-
Stock trading
Stock Investing Made Easy: An Introductory Stock Market Investment Course
-
Stock trading
Introduction to Technical Analysis and Candlestick Theory
-
Stock trading
Technical Analysis Demystified: The Complete Guide to Trading
-
Stock trading
Market 103: Mastering Trends with RMI and Techno-Funda Insights
-
Stock trading
Macroeconomics Made Easy: Online Certification Course
-
Stock trading
Market 104: Options Trading: Kickstart Your F&O Venture
-
Stock trading
The Complete Guide to Stock Market Trading: From Basics to Advanced
-
Stock trading
Algo trading made easy
-
Stock trading
A2Z of Stock Market for Beginners: Stock Market Course for Beginners
-
Stock trading
Options Trading Course for Beginners
-
Stock trading
Dow theory simplified
-
Stock trading
Commodity Markets Made Simple: Commodity Trading Course
Indian Hotels Company is at the forefront of the hospitality sector with its strategic vision, operational excellence and innovative growth paths. its Accelerate to 2030 The plan highlights its ambitious growth strategy, focusing on doubling its hotel portfolio, driving 14% revenue CAGR and achieving a balanced revenue mix from traditional and new businesses. The company’s capital-light approach, emphasis on RevPAR leadership and expansion into emerging trends such as wellness and sustainable tourism will ensure IH captures strong demand. Motilal Oswal Financial Services believes that the company’s financial discipline and operational agility position it to achieve its 2030 targets. During FY24-27, they expect Indian hotels to deliver a CAGR of 18%/24%/26% in Revenue/EBITDA/Adj. PAT.
The brokerage largely maintained its FY26 EBITDA estimates and raised FY27 estimates by 8% to support healthy ARR growth (~7% YoY), a robust hotel pipeline and increased F&B revenue, healthy MICE growth. They maintain Buy with a target price of Rs 880 (based on FY27E SoTP).
Promoter/FII Holdings
Promoters held 38.12 per cent stake in the company as on 30-Sep-2024, while FIIs held 27.44 per cent, DIIs 18.66 per cent.
(You can now subscribe to our ETMarkets WhatsApp channel)
