Indian Hotels Co Ltd

Indian Hotels Co Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Indian Hotels Co Ltd

₹ 572 -0.73%
03 May 3:28 p.m.
ihcltata.com BSE: 500850 NSE : INDHOTEL
About

The Indian Hotels Company Ltd is primarily engaged in the business of owning, operating & managing hotels, palaces and resorts.[1]

Key Points

Hotels Portfolio
As of Q1FY24, company has ~191 hotels with a total inventory of ~22000 rooms. It also has a pipeline of ~79 hotels increasing the Taj, Vivanta and Ginger portfolios.[1]It is the largest hotel player in India ahead of Marriott, Radisson, ITC and other large corporations.[2] The company opened 16 new hotels in FY23.[3] The company aims to reach ~300 hotels target by FY25.[4] The company opened 5 new hotels in Q1FY24.[5]

Website BSE NSE
  • Market Cap ₹ 81,413 Cr.
  • Current Price ₹ 572
  • High / Low ₹ 622 / 350
  • Stock P/E 64.7
  • Book Value ₹ 66.4
  • Dividend Yield 0.17 %
  • ROCE 15.3 %
  • ROE 14.4 %
  • Face Value ₹ 1.00
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Pros

  • Company has delivered good profit growth of 35.4% CAGR over last 5 years

Cons

  • Stock is trading at 8.63 times its book value
  • Company has a low return on equity of 8.91% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Hotels & Restaurants Industry: Hotels

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
615 345 728 1,111 872 1,266 1,233 1,686 1,625 1,466 1,433 1,964 1,905
544 493 656 789 713 888 939 1,089 1,090 1,056 1,078 1,231 1,246
Operating Profit 71 -149 73 322 159 378 294 597 535 410 355 732 660
OPM % 12% -43% 10% 29% 18% 30% 24% 35% 33% 28% 25% 37% 35%
37 46 13 12 99 18 37 58 29 49 48 40 46
Interest 106 110 114 125 79 62 60 57 57 57 59 53 52
Depreciation 104 103 102 100 102 103 103 103 108 109 111 114 120
Profit before tax -102 -315 -130 109 77 231 169 495 400 294 232 605 535
Tax % 12% 14% 9% 21% -3% 28% 26% 23% 24% 28% 31% 28% 26%
-98 -302 -131 96 72 181 130 404 339 236 179 477 438
EPS in Rs -0.69 -2.10 -0.91 0.58 0.52 1.20 0.86 2.69 2.31 1.57 1.18 3.18 2.93
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3,743 4,066 4,189 4,023 4,021 4,104 4,512 4,463 1,575 3,056 5,810 6,769
3,202 3,504 3,762 3,411 3,411 3,432 3,682 3,496 1,937 2,651 4,005 4,612
Operating Profit 542 562 427 612 610 671 830 968 -362 405 1,805 2,157
OPM % 14% 14% 10% 15% 15% 16% 18% 22% -23% 13% 31% 32%
-374 -497 -193 -43 44 83 90 173 325 171 142 183
Interest 171 169 176 376 324 269 190 341 403 428 236 220
Depreciation 288 308 291 285 299 301 328 404 410 406 416 454
Profit before tax -292 -412 -232 -91 31 184 402 396 -850 -258 1,295 1,666
Tax % -34% -27% -49% -99% 372% 66% 39% 11% 18% 14% 25% 28%
-389 -536 -347 -203 -46 104 296 364 -796 -265 1,053 1,330
EPS in Rs -4.00 -5.14 -3.51 -1.75 -0.48 0.76 2.17 2.68 -5.45 -1.74 7.06 8.85
Dividend Payout % -15% 0% 0% -13% -55% 47% 21% 17% -7% -23% 14% 20%
Compounded Sales Growth
10 Years: 5%
5 Years: 8%
3 Years: 63%
TTM: 17%
Compounded Profit Growth
10 Years: 29%
5 Years: 35%
3 Years: 51%
TTM: 32%
Stock Price CAGR
10 Years: 25%
5 Years: 31%
3 Years: 76%
1 Year: 61%
Return on Equity
10 Years: 3%
5 Years: 4%
3 Years: 9%
Last Year: 14%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 81 81 81 99 99 119 119 119 119 142 142 142
Reserves 2,899 2,556 2,146 2,481 2,419 4,062 4,229 4,238 3,530 6,920 7,840 9,314
3,818 4,252 5,074 4,526 3,383 2,427 2,326 4,501 5,518 3,888 3,139 2,736
2,494 2,626 2,582 2,691 2,698 2,706 2,840 2,584 2,268 2,052 2,391 2,663
Total Liabilities 9,291 9,514 9,884 9,797 8,599 9,314 9,514 11,442 11,435 13,002 13,512 14,856
5,896 6,215 6,299 6,762 5,815 6,163 6,422 8,059 8,438 8,415 8,819 9,336
CWIP 422 554 306 290 223 197 116 244 165 194 332 231
Investments 1,563 1,427 1,587 1,515 1,244 1,511 1,335 1,427 1,483 1,967 1,891 2,261
1,411 1,318 1,692 1,231 1,317 1,443 1,641 1,712 1,349 2,426 2,470 3,028
Total Assets 9,291 9,514 9,884 9,797 8,599 9,314 9,514 11,442 11,435 13,002 13,512 14,856

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
502 539 495 619 535 492 711 823 -319 672 1,619 1,935
-345 -297 -726 341 848 -521 -387 -497 -118 -1,641 -138 -1,210
-117 -212 491 -1,196 -1,381 96 -343 -265 280 1,659 -1,528 -985
Net Cash Flow 39 30 260 -237 1 67 -19 62 -157 689 -47 -260

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 27 25 26 22 25 29 26 24 51 30 28 26
Inventory Days 93 87 85 80 81 83 73 92 236 143 84 82
Days Payable 305 292 273 286 294 330 294 383 807 550 368 364
Cash Conversion Cycle -186 -179 -162 -184 -189 -217 -195 -268 -520 -376 -256 -257
Working Capital Days -32 -126 -63 -157 -112 -68 -109 -81 -220 -88 -51 -8
ROCE % 4% 4% 4% 5% 5% 6% 8% 7% -6% 1% 13%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
40.75% 40.75% 41.05% 38.19% 38.19% 38.19% 38.19% 38.19% 38.19% 38.19% 38.12% 38.12%
12.56% 13.48% 15.19% 16.03% 15.07% 16.25% 19.00% 18.24% 21.64% 22.17% 23.28% 24.47%
27.85% 26.93% 25.16% 28.51% 29.56% 29.19% 26.55% 27.47% 24.05% 23.13% 22.19% 20.65%
0.14% 0.14% 0.14% 0.13% 0.13% 0.13% 0.13% 0.13% 0.13% 0.14% 0.14% 0.14%
18.70% 18.70% 18.47% 17.14% 17.05% 16.22% 16.12% 15.97% 15.98% 16.38% 16.27% 16.63%
No. of Shareholders 2,39,9792,61,0463,57,5953,41,8153,79,5604,00,1074,23,4884,30,8964,48,7424,83,9614,85,6095,35,253

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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