Indian Hotels Company Ltd. Brokerage/Research Reports, analyst Research Reports (2024)

25 Apr 2024 Indian Hotels Compan.. Consensus Share Price Target 586.00 537.00 - -8.36 Forecaster Consensus Recommendation
16 Apr 2024 Indian Hotels Compan.. Sharekhan

586.00 679.00 583.65 (0.40%) 15.87

Buy

05 Feb 2024 Indian Hotels Compan.. Axis Direct

586.00 525.00 509.10 (15.11%) Target met

Hold

Result Update:Indian Hotels Co

Axis Direct

The RoIC across the Hotel Industry has reached to ~40%-50% that reflects the payback period in range to 2-2.5 years.Recommendation: HOLD

02 Feb 2024 Indian Hotels Compan.. IDBI Capital

586.00 586.00 500.00 (17.20%) Target met

Buy

08 Nov 2023 Indian Hotels Compan.. Geojit BNP Paribas

586.00 423.00 405.65 (44.46%) Target met

Hold

30 Oct 2023 Indian Hotels Compan.. Axis Direct

586.00 415.00 382.10 (53.36%) Target met

Buy

29 Oct 2023 Indian Hotels Compan.. ICICI Securities Limited

586.00 458.00 374.55 (56.45%) Target met

Buy

ARR-driven earnings momentum sustains, demand outlook remains robust

ICICI Securities Limited

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 Compan.. Motilal Oswal

586.00 480.00 374.55 (56.45%) Target met

Buy

27 Oct 2023 Indian Hotels Compan.. Sharekhan 586.00 492.00 382.10 (53.36%) Target met

Buy

25 Oct 2023 Indian Hotels Compan.. IDBI Capital 586.00 450.00 389.55 (50.43%) Target met

Buy

04 Oct 2023 Indian Hotels Compan.. Sharekhan

586.00 492.00 417.50 (40.36%) Target met

Buy

25 Aug 2023 Indian Hotels Compan.. IDBI Capital

586.00 450.00 392.00 (49.49%) Target met

Buy

21 Aug 2023 Indian Hotels Compan.. Keynotes Financial Opiniery 586.00 558.00 379.40 (54.45%) Target met

Buy

Strongest Brand In India

Keynotes Financial Opiniery

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 Compan.. Geojit BNP Paribas

586.00 431.00 388.65 (50.78%) Target met

Accumulate

28 Jul 2023 Indian Hotels Compan.. IDBI Capital

586.00 447.00 391.65 (49.62%) Target met

Buy

28 Jul 2023 Indian Hotels Compan.. ICICI Securities Limited

586.00 443.00 384.95 (52.23%) Target met

Buy

Strong start to FY24, demand drivers remain intact

ICICI Securities Limited

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 Compan.. Axis Direct

586.00 450.00 391.65 (49.62%) Target met

Buy

13 Jun 2023 Indian Hotels Compan.. Motilal Oswal

586.00 440.00 393.35 (48.98%) Target met

Buy

06 Jun 2023 Indian Hotels Compan.. ICICI Securities Limited 586.00 443.00 389.25 (50.55%) Target met

Accumulate

Fast-forwarding growth

ICICI Securities Limited

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 Compan.. ICICI Securities Limited

586.00 443.00 395.65 (48.11%) Target met

Accumulate

The best is yet to come

ICICI Securities Limited

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 Compan.. IDBI Capital

586.00 390.00 380.60 (53.97%) Target met

Buy

Indian Hotels Company Ltd. Brokerage/Research Reports, analyst Research Reports (2024)
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