The Indian Hotels Company logo

The Indian Hotels Company share price

NSE: INDHOTELBSE: 500850Leisure ServicesMid Cap

Last close ₹781.75down ₹0.55 (0.07%)BSE ₹784.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹782.30.

52-week range of traded prices to 23 Oct 2026
₹565.00Low, 2 Apr 2026₹794.65High, 22 Oct 2026
Market cap
₹1,11,277 Cr115th largest listed
P/E
50.3
P/E without one-offs
57.4
P/B
8.2
Dividend yield
0.42%
ROE
17.5%
ROE without one-offs
15.4%
ROCE
17.5%
Debt to equity
0.01
Volume, NSE
1,16,15,95058.9% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

+6.0%over a year · Nifty 500 −9.8%

Results20-session average 56,70,677 shares a day, 59.9% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Sep 2026, against the quarter beforeFiled 21 Oct

Revenue
₹2,484 Crup 6.20%
Net profit
₹380 Crdown 2.80%
Net margin
15.3%

Revenue by year

Peak revenue ₹9,689 Cr, year to Mar 2026

Net profit by year, a loss in red

  • Net profit
  • Loss
A loss in 3 of the 10 years shown
₹ croreDec 2024Filed 17 JanMar 2025Filed 10 JunJun 2025Filed 17 JulSep 2025Filed 4 NovDec 2025Filed 12 FebMar 2026Filed 11 MayJun 2026Filed 21 JulSep 2026Filed 21 Oct
Revenue2,5332,4252,0412,0412,8422,7652,3392,484
Net profit633563329318954645391380
Net margin25.0%23.2%16.1%15.6%33.6%23.3%16.7%15.3%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

Share of revenue, year to Mar 2026, consolidated.Segment revenue and profit

  • Hotel Services₹8,487 Crup 11.33%87.5%
  • Air and Institutional Catering₹1,210 Crup 68.91%12.5%
The pill is the change in revenue on the year before; the share is of all the businesses together.

Valuation

Today, against the company's own history.PE ratio and valuation history

Price to earnings

At or below today's level on 29% of 1,801 trading days over the last 10 years.

LowestHighest
Its median64.5Industry median26.3
Price to book

At or below today's level on 71% of 1,853 trading days since Nov 2018.

LowestHighest
Its median6.5Industry median1.6
EV to EBITDA31.9

At or below today's level on 29% of 1,113 trading days over the last 5 years.

LowestHighest
Its median36.8Industry median15.0
Dividend yield

At or below today's level on 88% of 2,316 trading days over the last 10 years.

LowestHighest
Its median0.27%Industry median0.58%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−26.9%+9.3%−33.6%0.6%
3 years+21.1%+27.5%−5.3%0.4%
5 years+39.1%––0.3%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record. Earnings growth over 1 and 3 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2025 and Mar 2026.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters38.12%
  • Foreign institutions22.12%
  • Indian institutions24.45%
  • Individuals and others15.31%
Holder
TATA SONS PRIVATE LIMITEDPromoter35.66%
NPS TRUST- A/C SBI PENSION FUND SCHEME - STATE GOVTProvident and pension funds4.65%
LIFE INSURANCE CORPORATION OF INDIAInsurance companies2.88%
TATA INVESTMENT CORPORATION LTDPromoter1.26%
REKHA JHUNJHUNWALAResident individuals, over ₹2 lakh at face value1.00%
TATA CHEMICALS LIMITEDPromoter0.83%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

240 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 76 of the 110 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Bought for the first time
15
Bought again
22
Added
71
Cut
39
Held unchanged
91
Sold out
52
Fund
Canara Robeco Mutual Fund logoCanara Robeco Large and Mid Cap FundCanara Robeco Mutual Fund1,87,23,8345.55%₹1,364.3 Cr
HDFC Mutual Fund logoHDFC Mid Cap FundHDFC Mutual Fund1,41,08,1391.01%₹1,028.0 Cr
Axis Mutual Fund logoAxis Midcap FundAxis Mutual Fund1,09,48,7222.38%₹797.8 Cr
Nippon India Mutual Fund logoNippon India Growth Mid Cap FundNippon India Mutual Fund87,64,1571.27%₹638.6 Cr
Axis Mutual Fund logoAxis Large Cap FundAxis Mutual Fund77,33,6661.93%₹563.5 Cr
Nippon India Mutual Fund logoNippon India Large Cap FundNippon India Mutual Fund74,60,6531.06%₹543.6 Cr
Axis Mutual Fund logoAxis ELSS Tax Saver FundAxis Mutual Fund70,11,3911.69%₹510.9 Cr
Nippon India Mutual Fund logoNippon India Multi Cap FundNippon India Mutual Fund58,55,6040.79%₹426.7 Cr
Kotak Mahindra Mutual Fund logoKotak Arbitrage FundKotak Mahindra Mutual Fund53,33,0000.52%₹388.6 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Arbitrage FundICICI Prudential Mutual Fund46,97,0000.96%₹342.2 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Hotels & Resorts, 73 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to The Indian Hotels Company in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
ITC Hotels logoITC HotelsITCHOTELS32,54837.72.821.6––7.7%9.0%0.64%
Leela Palaces Hotels & Resorts logoLeela Palaces Hotels & ResortsTHELEELA19,30141.72.924.7––7.3%8.7%0.00%
EIH logoEIHEIHOTEL18,01725.33.416.6+8.3%+4.5%14.4%16.3%0.52%
Chalet Hotels logoChalet HotelsCHALET17,28732.74.718.1+6.0%+85.3%15.7%13.7%0.25%
Ventive Hospitality logoVentive HospitalityVENTIVE13,000–2.413.5–––8.4%0.00%
Lemon Tree Hotels logoLemon Tree HotelsLEMONTREE8,63136.86.215.0+10.5%+9.2%18.4%13.7%0.00%
India Tourism Development Corporation logoIndia Tourism Development CorporationITDC5,14062.512.253.7−9.4%+3.5%20.9%20.4%0.49%
Juniper Hotels logoJuniper HotelsJUNIPER4,33426.11.511.8+11.5%+141.7%5.9%8.9%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹3.25 a share, year to Mar 2026.
Ex-dateTypePer share
23 Jun 2026Final₹3.25
30 Jun 2025Final₹2.25
7 Jun 2024Final₹1.75
9 Jun 2023Final₹1.00
22 Jun 2022Final₹0.40
14 Jun 2021Final₹0.40
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

The Indian Hotels Company share price by year

Each calendar year to 2025.The Indian Hotels Company share price history

YearClose at year endChangeHighest closeLowest close
2025738.85−15.8%879.50691.30
2024877.55+100.2%889.65436.10
2023438.35+37.6%448.90286.45
2022318.65+76.3%344.25182.05
2021180.75+50.5%230.8594.70
2020120.10−17.2%147.6062.30
2019145.00−1.8%160.45126.15
2018147.70+25.4%156.75118.50
2017117.80+19.5%144.2595.00
201698.55−15.6%136.7590.60
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026786.80794.20764.65781.75776.051,16,15,95058.9%
22 Oct 2026762.50794.65747.95782.30780.282,10,81,03040.0%
21 Oct 2026760.30767.85743.45753.00752.5650,31,17661.6%
19 Oct 2026773.15775.00756.55760.00764.4537,12,63753.7%
16 Oct 2026746.50776.15744.35772.10763.0293,35,23552.7%
15 Oct 2026730.00752.55728.30741.45744.4750,11,97849.7%
14 Oct 2026723.05730.00716.80725.40725.8216,80,76162.3%
13 Oct 2026714.00724.15709.55724.15718.9217,51,17662.3%
12 Oct 2026722.00722.10708.10711.50711.5521,59,16363.0%
9 Oct 2026712.50723.45709.75715.65718.5810,43,90749.4%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Rights issue history

Ex-dateEventPrice factorWhat happened
11 Nov 2021Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
4 Oct 2017Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
21 Feb 2008Rights issue–Shareholders were offered new shares. Noted, not adjusted for.
Each event is noted and not adjusted for.

About The Indian Hotels Company

The Indian Hotels Company Limited, known as IHCL, owns and runs hotels, resorts and palaces, and has an outdoor catering business. Its brands cater to guests from luxury travellers to those in regional commercial centres. Some hotels are owned by the company, and others are run under management contracts or held on lease.

IHCL has fourteen major brands across segments. Taj is one of them, with hotels such as the Taj Mahal Palace & Tower in Mumbai. Others include Vivanta, Ginger and Claridges Collection, a boutique luxury offering. Atmantan is an integrated wellness centre and Brij is an experiential leisure offering. Soulinaire is its outdoor catering business.

On April 30, 2026, the portfolio stood at 630 hotels, of which 375 were operating, with a presence in 15 countries. Hotels outside India include Taj Paro in Bhutan and Taj Hessischer Hof in Frankfurt. In the year to March 2026, the company acquired a controlling stake in Atmantan and Brij Hospitality, and a majority stake in ANK Hotels and Pride Hospitality. In August 2026, its board approved a scheme to merge Oriental Hotels Limited, an associate company, into IHCL.

IHCL is promoted by the Tata Group. A promoter is the person or group that set up a company or controls it. Tata Neu is the Tata Group's loyalty programme that the company's guests use.

Legal name
The Indian Hotels Company Limited
NSE symbol
INDHOTEL
BSE code
500850
ISIN
INE053A01029
Industry
Leisure Services
Listed
Jan 1971 on BSE, Jul 1996 on NSE
Face value
₹1
CIN
L74999MH1902PLC000183
Corporate identity number, the registrar of companies' code for it