Name: Latest research reports of Chalet Hotels Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Chalet Hotels Ltd.
Rating: 5
Author: ICICI Securities Limited

Chalet Hotels Ltd.

NSE: CHALET | BSE: 542399 | ISIN: INE427F01016 | Industry: Hotels
| Expensive Performer

820.4000 9.00 (1.11%)

NSE Apr 21, 2025 09:49 AM

29.39% Gain from 52W Low

Volume: 18,772

Chalet Hotels Ltd.

30 Jun 2023

820.40

1.11%

Time to check-in

Buy: Chalet Hotels Ltd.

ICICI Securities Limited

We initiate coverage on Chalet Hotels Ltd. (Chalet) with a BUY rating and an SOTP- based target price of Rs603/share. We value the company on Jun’25 SOTP basis at 18x EV/EBITDA for hotel business, 9% cap rate for rental assets and residual value of Vivarea, Bengaluru project.

Number of FII/FPI investors increased from 148 to 160 in Dec 2024 qtr.