|
10 Sep 2025 |
Indian Hotels Company
|
Consensus Share Price Target
|
775.50 |
861.39 |
- |
11.08 |
buy
|
|
|
|
|
08 Nov 2023
|
Indian Hotels Company
|
Geojit BNP Paribas
|
775.50
|
423.00
|
405.65
(91.17%)
|
Target met |
Hold
|
|
|
|
|
30 Oct 2023
|
Indian Hotels Company
|
Axis Direct
|
775.50
|
415.00
|
382.10
(102.96%)
|
Target met |
Buy
|
|
|
In H1FY24, standalone occupancies and realizations reached to 75.3% and Rs 13,000 respectively. Improvement from here on seems to be limited now.
|
|
29 Oct 2023
|
Indian Hotels Company
|
ICICI Securities Limited
|
775.50
|
458.00
|
374.55
(107.05%)
|
Target met |
Buy
|
|
|
Indian Hotels Co. Ltd.’s (IHCL) Q2FY24 consolidated revenue of INR14.3bn was marginally lower than I-sec estimate of INR14.4bn as Q2FY24 enterprise RevPAR grew 16% YoY but international hotels saw weak demand. According to the company, demand drivers remain intact heading into H2FY24 as weddings, MICE and recovery in international tourist arrivals would continue to drive demand.
|
|
28 Oct 2023
|
Indian Hotels Company
|
Motilal Oswal
|
775.50
|
480.00
|
374.55
(107.05%)
|
Target met |
Buy
|
|
|
|
|
27 Oct 2023
|
Indian Hotels Company
|
Sharekhan
|
775.50
|
492.00
|
382.10
(102.96%)
|
Target met |
Buy
|
|
|
|
|
25 Oct 2023
|
Indian Hotels Company
|
IDBI Capital
|
775.50
|
450.00
|
389.55
(99.08%)
|
Target met |
Buy
|
|
|
|
|
04 Oct 2023
|
Indian Hotels Company
|
Sharekhan
|
775.50
|
492.00
|
417.50
(85.75%)
|
Target met |
Buy
|
|
|
|
|
25 Aug 2023
|
Indian Hotels Company
|
IDBI Capital
|
775.50
|
450.00
|
392.00
(97.83%)
|
Target met |
Buy
|
|
|
|
|
21 Aug 2023
|
Indian Hotels Company
|
Keynotes Financial Opiniery
|
775.50
|
558.00
|
379.40
(104.40%)
|
Target met |
Buy
|
|
|
FY 2022-23 continued to be a year of strong recovery in the Indian travel and tourism industry. Restrictions on flights were relaxed in most countries into and from India. Travel restrictions, documentation and certifications were also progressively relaxed for travel within India.
|
|
08 Aug 2023
|
Indian Hotels Company
|
Geojit BNP Paribas
|
775.50
|
431.00
|
388.65
(99.54%)
|
Target met |
Accumulate
|
|
|
|
|
28 Jul 2023
|
Indian Hotels Company
|
ICICI Securities Limited
|
775.50
|
443.00
|
384.95
(101.45%)
|
Target met |
Buy
|
|
|
Indian Hotels Co. Ltd.’s (IHCL) Q1FY24 consolidated revenue of INR14.7bn was marginally higher than I-sec estimate of INR14.3bn as Q1FY24 enterprise RevPAR grew 13% YoY. As per company, demand drivers remain intact heading into H2FY24 as the Men’s ODI World Cup, G20 summit and recovery in international tourist arrivals would continue to drive demand.
|
|
28 Jul 2023
|
Indian Hotels Company
|
IDBI Capital
|
775.50
|
447.00
|
391.65
(98.01%)
|
Target met |
Buy
|
|
|
|
|
28 Jul 2023
|
Indian Hotels Company
|
Axis Direct
|
775.50
|
450.00
|
391.65
(98.01%)
|
Target met |
Buy
|
|
|
Recommendation: we have BUY on the stock
|
|
13 Jun 2023
|
Indian Hotels Company
|
Motilal Oswal
|
775.50
|
440.00
|
393.35
(97.15%)
|
Target met |
Buy
|
|
|
|
|
06 Jun 2023
|
Indian Hotels Company
|
ICICI Securities Limited
|
775.50
|
443.00
|
389.25
(99.23%)
|
Target met |
Accumulate
|
|
|
We recently hosted Indian Hotels Co. Ltd.’s (IHCL) senior management represented by Mr. Puneet Chhatwal, MD and CEO and Mr. Giridhar Sanjeevi, EVP and CFO for investor meetings in the USA.
|
|
05 Jun 2023
|
Indian Hotels Company
|
ICICI Securities Limited
|
775.50
|
443.00
|
395.65
(96.01%)
|
Target met |
Accumulate
|
|
|
Indian Hotels Co. Ltd.’s (IHCL) FY23 Annual Report reiterates the company’s plans to execute its “AHVAAN 2025” strategy which essentially focuses on four key pillars including: 1) reaching a total of 300+ hotels across the portfolio, 2) clocking a consolidated EBITDA margin of 33% by FY26E with 35% EBITDA share from management contracts and new businesses.
|
|
25 May 2023
|
Indian Hotels Company
|
IDBI Capital
|
775.50
|
390.00
|
380.60
(103.76%)
|
Target met |
Buy
|
|
|
|
|
12 May 2023
|
Indian Hotels Company
|
IDBI Capital
|
775.50
|
430.00
|
357.60
(116.86%)
|
Target met |
Buy
|
|
|
|
|
12 May 2023
|
Indian Hotels Company
|
Motilal Oswal
|
775.50
|
420.00
|
357.60
(116.86%)
|
Target met |
Buy
|
|
|
|
|
12 May 2023
|
Indian Hotels Company
|
ICICI Securities Limited
|
775.50
|
399.00
|
365.55
(112.15%)
|
Target met |
Accumulate
|
|
|
We attended Indian Hotels Co. Ltd.’s (IHCL) Capital Market Day where the company reiterated its “AHVAAN 2025” strategy which essentially focuses on four key pillars including: 1) reaching a total of 300+ hotels across the portfolio, 2) clocking a consolidated EBITDA margin of 33% by FY26 with 35% EBITDA share from management contracts and new businesses.
|