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NSE:ITCHOTELS

ITC HOTELS LIMITED

Consumer Services › Leisure Services·NIFTY 500NIFTY LARGEMIDCAP 250NIFTY MIDCAP 150NIFTY MIDSMALLCAP 400+4
₹164.50
at close · 28 Oct 2026
▼ 0.99 (-0.60%)

Latest filings

  1. Q2 FY27 revenue up 26%, PAT up 52% as expansion accelerates · Investor Communications
  2. Revenue and profit rise strongly in Q2 FY27 · Results
  3. ITC Hotels to set up wholly owned subsidiary in Dubai · Strategic Transactions
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Operates a chain of hotels in India across owned and managed models, earning primarily from rooms, food and beverage, and management fees. The Hotels segment was 93.7% of FY26 segment revenue at Rs 3,859.83 crore, Real estate was 5.1% at Rs 210.89 crore and Others 1.1% at Rs 46.9 crore. The FY26 portfolio stood at 155 hotels with 14,294 keys, sitting alongside a managed pipeline of 67 hotels with around 6,700 keys; after the May 2026 acquisition of The Zuri Kumarakom (72 keys), the managed portfolio had crossed 200 hotels with 16,000 keys by Q1 FY27, with a further Rs 155 crore buyout of Welcomhotel Ahmedabad (130 keys) announced. The company is targeting 250 hotels with 22,000-plus keys by 2031 in a 33% owned / 67% managed mix. In Q1 FY27 room revenue grew 8%, F&B 11% and management fees 35%, and RevPAR carried a 33% premium over industry. The business was demerged from ITC Limited effective January 2025. The cost stack is led by other operating expenses at 34.3% of revenue and employee costs at 18.9%, with depreciation at 10.1% and capex at 9.9%.

Revenue mix · reported segments
Hotels93.7%
Real estate5.1%
Others1.1%
Operating scale
Total hotel portfolio
155 hotels, 14,294 keysFY26
Managed pipeline
67 hotels, ~6,700 keysFY26
Managed portfolio post-Zuri
200+ hotels, 16,000+ keysQ1 FY27
2031 footprint target
250 hotels, 22,000+ keys (33% owned / 67% managed)
RevPAR premium vs industry
33%Q1 FY27
Q1 FY27 financials
Revenue Rs 936 cr, EBITDA Rs 292 cr, PAT Rs 182 crQ1 FY27
Who pays it
Business and leisure travellers staying at hotels, F&B patrons, third-party hotel owners paying management fees, and buyers of hotel-linked real estate
Biggest cost
Other operating expenses at 34.3% of revenue, followed by employee costs at 18.9%
Kind of business
Asset-heavy Indian hotel chain shifting towards a fee-based managed model, post-demerger from ITC Limited in January 2025
Where it sits
Indian hotel chain that operated 155 hotels with 14,294 keys in FY26 and targets 250 hotels with 22,000-plus keys by 2031
Market Cap
₹34,265 Cr
P / E (TTM)
39.5×
EV / EBITDA
21.4×
Div Yield
—
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
9.1%·
ROCE (FY26)
ROE 7.0% · margin 37.1%
Leverage
0.00·
Debt / Equity · low
Net cash ₹34 Cr
Moves on a normal day
1.18%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 65 Hotels & Resorts peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#43/57
P/B#42/57
ROCE#19/65
ROE#25/57
Debt / Equity#9/57
EBITDA margin#20/58
Revenue growth#20/58
Profit growth#21/55

Scorecard

Measured from the filed financials, judged against its Hotels & Resorts peers · as of FY26 — not investment advice

Strengths
Returns on capital 9.1%
#19 of 65 in Hotels & Resorts on the latest reported figures
Debt at 0.00× equity
lower than 86% of its 57 Hotels & Resorts peers
Concerns
Nothing flagged in the filed numbers.

Charts

How has the market priced it — with filings on the timeline?

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Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from ITC HOTELS LIMITED's filed financials and exchange disclosures

What does ITC HOTELS LIMITED do?

ITC HOTELS LIMITED is a Leisure Services company listed on NSE and BSE, trading under the symbol ITCHOTELS.

Is ITC HOTELS LIMITED profitable?

Yes. Over the trailing twelve months ITC HOTELS LIMITED reported a net profit of ₹869 Cr on revenue of ₹4,260 Cr.

Does ITC HOTELS LIMITED pay a dividend?

Not in the latest reported year — ITC HOTELS LIMITED's dividend payout for FY26 was nil.

Is ITC HOTELS LIMITED debt-free?

On a net basis, yes. It reported borrowings of ₹1.21 Cr on its 31 Mar 2026 balance sheet, but holds ₹34 Cr more cash than debt.

Is ITC HOTELS LIMITED expensive compared with its peers?

On trailing P/E, ITC HOTELS LIMITED ranks 43 of 57 in Hotels & Resorts — cheaper than 25% of them, against an industry median of 25.7×. This is a position, not a valuation judgement.

How much does the ITC HOTELS LIMITED share price move in a day?

On a typical session ITC HOTELS LIMITED moves 1.18% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track ITC HOTELS LIMITED's announcements?

Every NSE and BSE filing by ITC HOTELS LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.