āagman

Not investment advice. Data and computed figures, for information only.

Indian Hotels Co Ltd

NSE: INDHOTELF&O
₹741.45
+₹16.05 (+2.21%)
NSE · 15 Oct 2026, close
NSE
As of 31 Mar 2026
Market Cap
₹1,01,868 Cr
CMP
₹741.45
52-wk High / Low
₹757 / 565
P/E
52.4
P/B
7.8
Book Value
₹91.7
Div Yield
0.45%
ROCE
17.0%
ROE
14.2%
Face Value
₹1
D/E
0.22

Price+0.8% over 1Y

āagman read

Computed by āagman
Derived from 12 years and 15 quarters of filings. Not reported by the company.
As of 15 Oct 2026
How we compute these
Piotroski F-Score
6
/ 9
6 of 9 F-score tests passed
Graham Number
₹174
√(22.5 × EPS × book value per share)
ROIC
12.5%
vs 7.6% sector median
Cash flow to profit
1.10
CFO / PAT
Above 1.0 = operating cash flow exceeded reported profit
Margin change
+55
bps OPM YoY
Operating margin vs the same quarter last year
Sustainable growth
10.9%
ROE × earnings retention ratio
ROE stability
8.0
pp σ
Standard deviation of ROE across periods. Lower = more stable
Holder deltas
QoQ
pp
Prom +0.00FII −1.52DII +1.89
Latest quarter vs the previous one
Cash-accrual divergence
−1.2%
of assets
Low = accruals track cash flow
Strengths
+Borrowings are down 37.3% since FY2016 (4526 to 2837)
+Price trades above its 200-day moving average (1.1x)
+Price is within 10% of its 52-week high (-2.1%)
+FII holding rose by 3.5pp over the last year
Watch-outs

Peer comparison

Peers
NameP/EMar Cap ₹ CrROCE %ROE %

Quarterly results

Consolidated basis (as filed) · ₹ Cr · 13 quarters
As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,4661,4331,9641,9051,5501,8262,5332,4252,0412,0412,8422,7652,339
Expenses1,0561,0781,2311,2461,1011,3251,5711,5681,4651,4711,7661,7931,666
Operating Profit4103557326604505019628575765701,076973673
OPM %28.0%24.8%37.3%34.6%29.0%27.4%38.0%35.3%28.2%27.9%37.9%35.2%28.8%
Other Income4948404646371595961833347980
Interest57595352505252545556565557
Depreciation109111114120117125134142143145150167163
Profit before tax2942326055353286968347204404531,203830533
Net Profit236179477438260583633563329318954645391
EPS (₹)1.571.183.182.931.753.904.093.672.082.006.354.212.51

Profit & Loss

As of 30 Jun 2026
Consolidated · ₹ Cr · 12 years + TTM
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales4,1894,0234,0214,1044,5124,4631,5753,0565,8106,7698,3359,6899,987
Expenses3,7623,4113,4113,4323,6823,4961,9372,6514,0054,6095,5656,4936,696
Operating Profit427612610671830968−3624051,8052,1602,7693,1963,291
OPM %10.2%15.2%15.2%16.3%18.4%21.7%−23.0%13.3%31.1%31.9%33.2%33.0%33.0%
Other Income−193−43448390173325171142181535557577
Interest176376324269190341403428236220208221224
Depreciation291285299301328404410406416454518605625
Profit before tax−232−9131184402396−850−2581,2951,6662,5782,9263,019
Net Profit−347−203−46104296364−796−2651,0531,3302,0382,2472,309
EPS (₹)−3.51−1.75−0.480.762.172.68−5.45−1.747.068.8513.4014.6415.07

Balance Sheet

As of 30 Jun 2026
Consolidated · ₹ Cr
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026Jun 2026
Equity Capital819999119119119119142142142142142—
Reserves2,1462,4812,4194,0624,2294,2383,5306,9207,8409,31411,01812,910—
Borrowings5,0744,5263,3832,4272,3264,5015,5183,8883,1392,7363,0842,837—
Other Liabilities2,5822,6912,6982,7062,8402,5842,2682,0522,3912,5413,3714,332—
Total Liabilities9,8849,7978,5999,3149,51411,44211,43513,00213,51214,73317,61620,221—
Fixed Assets6,2996,7625,8156,1636,4228,0598,4388,4158,8199,31110,91812,210—
CWIP306290223197116244165194332256633787—
Investments1,5871,5151,2441,5111,3351,4271,4831,9671,8912,2612,2793,606—
Other Assets1,6921,2311,3171,4431,6411,7121,3492,4262,4702,9053,7863,617—
Total Assets9,8849,7978,5999,3149,51411,44211,43513,00213,51214,73317,61620,221—

Cash Flows

As of 31 Mar 2026
Consolidated · ₹ Cr
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity539495619535492711823−3196721,6191,9352,1942,471
Cash from Investing Activity−297−726341848−521−387−497−118−1,641−138−1,208−1,869−1,346
Cash from Financing Activity−212491−1,196−1,38196−343−2652801,659−1,528−985−547−976
Net Cash Flow30260−237167−1962−157689−47−257−222149

Ratios

As of 31 Mar 2026
13 periods
Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %4.04.05.05.06.08.07.0−6.01.013.015.017.017.0
ROE %————————————14.2
EPS (₹)−5.14−3.51−1.75−0.480.762.172.68−5.45−1.747.068.8513.4014.64
Book Value (₹)————————————91.7
Face Value (₹)————————————1
P/E————————————52.4
Div Yield %————————————0.45
NPM %−13.2−8.7−5.1−1.12.56.47.9−41.9−8.217.719.123.021.9
OPM %14.010.015.015.016.018.022.0−23.013.031.032.033.033.0
D/E1.612.281.751.340.580.531.031.510.550.390.290.280.22
P/B————————————7.8

Growth

As of 11 Oct 2026
Compounded sales growth
10 years+9.0%
5 years+44.0%
3 years+19.0%
TTM+13.0%
Compounded profit growth
10 years+25.0%
5 years+32.0%
3 years+22.0%
TTM+13.0%
Stock price CAGR
10 years+20.0%
5 years+28.0%
3 years+20.0%
Last year−3.0%
Return on equity
10 years8.0%
5 years12.0%
3 years14.0%
Last year14.0%

Shareholding pattern

As of 30 Jun 2026
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters38.87%38.87%38.65%39.09%39.09%40.75%40.75%38.19%38.19%38.12%38.12%38.12%38.12%
FIIs0.00%0.00%15.11%0.00%0.00%11.61%12.27%16.03%18.24%24.47%26.96%23.23%21.71%
DIIs39.31%39.31%24.83%40.65%41.03%33.30%28.03%28.51%27.47%20.65%19.05%22.58%24.47%
Government0.00%0.00%0.00%0.00%0.00%0.95%1.13%0.13%0.13%0.14%0.14%0.13%0.13%
Public21.83%21.83%21.40%20.26%19.88%13.38%17.81%17.14%15.97%16.63%15.74%15.95%15.59%
No. of shareholders1,41,7671,41,7671,35,7321,37,0931,29,4921,37,9792,10,2873,41,8154,30,8965,35,2535,96,3836,46,1476,38,645
Change since Jun 2023 (pp)
Promoters −0.75FIIs +21.71DIIs −14.84Public −6.24

Documents

As of 11 Oct 2026
Announcements
Announcement under Regulation 30 (LODR)-Credit RatingCompliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018Announcement under Regulation 30 (LODR)-Newspaper PublicationClosure of Trading WindowAnnouncement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Annual reports
Annual Report 2026Annual Report 2025Annual Report 2024Annual Report 2023Annual Report 2022
Credit ratings
Rating updateRating updateRating updateRating updateRating update
Concalls
Aug 2026PPTAug 2026PPTJul 2026TranscriptJul 2026PPTJul 2026RecordingMay 2026TranscriptMay 2026PPTFeb 2026TranscriptFeb 2026PPTFeb 2026Recording

Corporate actions

As of 23 Jun 2026
23 Jun 2026DIVIDENDDividend - Rs 3.25 Per Share—
30 Jun 2025DIVIDENDDividend - Rs 2.25 Per Sh—
7 Jun 2024DIVIDENDDividend - Rs 1.75 Per Share—
9 Jun 2023DIVIDENDAnnual General Meeting/Dividend - Re 1 Per Share—
22 Jun 2022DIVIDENDDividend - Rs 0.40 Per Share—
11 Nov 2021RIGHTS Rights 1:9 @ Premium Rs 149/-—
14 Jun 2021DIVIDEND Annual General Meeting/Dividend - Rs 0.40 Per Share—
17 Jul 2020DIVIDEND Annual General Meeting/Dividend - Rs 0.50 Per Share—
12 Jun 2019DIVIDEND Annual General Meeting/Dividend Rs 0.50 Per Share—
11 Jul 2018DIVIDEND Annual General Meeting/Dividend Re- 0.40 Per Share—
4 Oct 2017RIGHTS Rights 1:5 @ Premium Rs 74/-—
11 Aug 2017DIVIDEND Annual General Meeting/Dividend - Re 0.35 Per Share—
12 Aug 2016DIVIDEND Annual General Meeting/ Dividend - Re 0.30/- Per Share—
17 Jul 2013DIVIDENDAnnual General Meeting/Dividend Re 0.80/- Per Share—
18 Jul 2012DIVIDENDAnnual General Meeting/Dividend Re.1/- Per Share—
20 Jul 2011DIVIDENDAnnual General Meeting And Dividend Re.1/- Per Share—
23 Jul 2010DIVIDENDDividend-Re.1/- Per Share—
Fundamentals from a third-party compiler of exchange filings; prices from the exchanges. Not investment advice.© 2026 āagman