BSE: 544304
JUNGLE CAMPS INDIA LIMITED
Operates wildlife jungle camps and resorts in central India's tiger reserves — specifically Kanha, Pench, Tadoba, Rukhad and Bandhavgarh — and has won a 10-year license from the Uttarakhand Tourism Development Board to run a Tourist Rest House at Devprayag, with an annual license fee of Rs 28.22 lakh (plus 3% annual escalation, extendable by up to 5 more years in one-year chunks). It runs its own properties and operates others under hotel management agreements, most recently a 5-year deal to manage Palash Kothi, a 20-room property on 25 acres located 3.5 km from the Tala Gate of Bandhavgarh Tiger Reserve, rebranded 'Palash Kothi by Jungle Camps India'. It is building out capacity with a 105-room hotel in Mathura (project cost Rs 49 crore) and a planned 60-room heritage hotel at Sheopur Fort near Kuno National Park (Rs 36.97 crore), funded in part by Rs 2,942.21 lakhs raised in its December 2024 IPO of which Rs 1,357 lakhs remained unutilised as of May 2026. Subsidiaries on a consolidated basis include Divine Enterprises, Versa Industries, Madhuvan Hospitality and Jungle Camps India Kolar. Employee costs were 25% of revenue and other operating expenses 48.7% in FY26, typical of a labour-and-service hospitality model. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Owned wildlife resort operations, Hotel management services, Government tourism contracts, Property development pipeline. Asset-heavy, seasonally-driven wildlife hospitality and resort operations
Exhibit 1: Financial summary, FY25–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY25 | FY26 |
|---|---|---|
| Revenue | 22 | 23 |
| EBITDA (ex other income) | — | — |
| margin % | — | — |
| Owners' profit | — | — |
| EPS, as reported (₹) | 3.11 | 2.56 |
| ROE % · ROCE % | — · 10.3 | — · 9.2 |
| Debt / equity (x) | — | — |
| Cash from operations | 4 | 5 |
| Capex | (9) | (9) |
Exhibit 2: Quarterly performance, last 5 quarters
| ₹ crore | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 |
|---|---|---|---|---|---|
| Revenue | 15 | 5 | 7 | 8 | 17 |
| Profit before tax | 6 | 1 | (0) | 2 | 6 |
| Net profit | — | — | — | — | — |
| EPS (₹) | 3.64 | 0.67 | 0.02 | 1.13 | 2.60 |
Exhibit 3: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| THE INDIAN HOTELS CO. LTD | 1,15,701 | 53.9 | 7.74 | 30.7 | 15.0 | 16.2 | 43.8 | 32.2 |
| ITC HOTELS LIMITED | 34,472 | 39.8 | 2.95 | 22.4 | 7.0 | 9.0 | — | 37.5 |
| LEELA PALACES HOTEL LTD | 19,829 | 32.8 | 3.07 | 26.4 | 6.2 | 5.9 | — | 43.2 |
| EIH LIMITED | 18,135 | 25.5 | 3.35 | 17.0 | 12.2 | 14.9 | 42.7 | 31.6 |
| CHALET HOTELS LIMITED | 17,782 | 33.6 | 4.81 | 16.2 | 17.4 | 13.6 | 56.6 | 45.5 |
| VENTIVE HOSPITALITY LTD | 12,520 | 26.1 | 1.85 | 11.1 | 7.4 | 7.4 | — | 37.7 |
| LEMON TREE HOTELS LTD | 8,434 | 35.9 | 4.06 | 15.6 | 13.9 | 9.2 | 41.8 | 44.1 |
| INDIA TOUR. DEV. CO. LTD. | 5,146 | 62.8 | 12.52 | 42.0 | 20.0 | 26.6 | 24.7 | 17.2 |
Exhibit 4: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 8.6 | 26.1 | 11 of 57 | 82% |
| ROCE | 9.1 | 4.9 | 17 of 65 | 75% |
| Revenue growth | 11.1 | 7.6 | 25 of 58 | 58% |
| Market cap | 59 | 237 | 44 of 66 | 34% |
Exhibit 5: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 6 Oct 2026 · Reg 74(5) compliance certificate for Q2 FY27 quarter ended September 2026 | compliance | minimal | — | — |
| 28 Sept 2026 · 24th AGM voting results: Both resolutions passed unanimously | board shareholder meetings | low | — | — |
| 26 Sept 2026 · Jungle Camps India 24th AGM: FY26 revenue Rs 23.28 cr, EBITDA Rs 7.48 cr | board shareholder meetings | low | — | — |
| 23 Sept 2026 · Trading window closed from Oct 1 till 48 hours after Q2 FY26 results | compliance | minimal | — | — |
| 5 Sept 2026 · Newspaper ad confirms dispatch of 24th AGM notice and Annual Report | compliance | minimal | — | — |
| 4 Sept 2026 · Jungle Camps India submits 24th Annual Report for FY 2025-26 | results | high | — | — |
| 4 Sept 2026 · Jungle Camps India to hold 24th AGM on 26 Sept 2026; submits Annual Report FY26 | board shareholder meetings | medium | — | — |
| 3 Sept 2026 · Newspaper publication for 24th Annual General Meeting intimation | compliance | minimal | — | — |
| 27 Aug 2026 · Independent Director Mr. Shailendra Singh resigns effective 27 Aug 2026 | management changes | medium | — | — |
| 24 Aug 2026 · Jungle Camps Q1FY27 call: revenue up 12%, margins under pressure | investor communications | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.