ITC Hotels Ltd
ITCHOTELSITC Hotels Ltd's earnings have outrun its stock. EPS grew +28.5% in a year against a −37.9% price move.
The sharpest disagreement: annual EPS moved +28.5% against a −37.9% price move — the market has not yet caught up with the delivery.
The price is in a downtrend (39 weeks in) while the P/E sits at the 0th percentile of its own 1-year range. Underneath, the last four quarters read improving — profit +35.8% year on year, and 137% of the last 3 years' profit arrived as cash. What settles it: whether the price catches up with earnings that have already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
ITC Hotels Ltd trades at ₹154, in a downtrend and 39 weeks into that stage. That is −11.3% against its own 200-day average. It sits at 16% of a 52-week range of ₹142 to ₹217. On relative strength it is currently behind the NIFTY 500 on a trailing-13-week view (2 weeks and counting).
Today the stock is in a downtrend — week 39 of stage 4, confirmed. At ₹154 it trades −11.3% versus its 200-day average and sits at 16% of its 52-week range (₹142–₹217).
Against the market, two honest reads. Cumulative: over the last 1.6 years the stock moved −10% while the NIFTY 500 moved +5% — behind the index over the full window. Recent form: on a trailing-13-week view the stock is currently behind (2 weeks and counting; last ahead the week of 2026-08-28) — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation P/E is the price of ₹1 of annual profit: how many rupees the market pays for each rupee the company earns in a year.
ITC Hotels Ltd trades at 34.7× P/E, about the cheapest it has ever traded. Its long-run median P/E is 46.0×, measured across 1.3 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 34.7× is about the cheapest it has ever traded, against a long-run median of 46.0× measured over 1.3 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
Why the multiple sits where it does: over the past year annual EPS moved +28.5% against a −37.9% price move — earnings outran the price, pushing the multiple DOWN its own range.
Put together: the multiple is low against its own past, so the story rests on the earnings line underneath it, not the multiple.
What the price assumes This reading works the multiple backwards. It asks one question: what yearly rate of profit growth is a buyer at the market price already paying for? The number is the growth rate that makes eleven years of profit — six years growing, then five fading — add up to that day's market price, once each year is discounted at 11% a year.
Solved at its 13 June 2026 price, ITC Hotels Ltd was paying for profit growth of about 23.3% a year. Profit itself has compounded 39.2% a year over the past 2 years. Today the market pays 34.7× P/E, the 0th percentile of its own 1-year range.
What the two numbers say together. The multiple is low against its own past, and the growth the price is paying for is below what this company has actually delivered.
How to hold this number: it is a reading of one day's price, taken on 13 June 2026, not a running figure — every other number on this page, the multiple included, is read off the live quote as of 11 September 2026. A higher price is paying for more growth and a lower price for less, so it moves whenever the price does, and this page does not restate it between measurements.
Stage: No read Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
ITC Hotels Ltd reads as no read on its fundamental arc. Under eight usable quarters on the growth trio — not enough history for an honest trajectory read. The read is built from 7 quarters across 1 curve, on partial evidence.
Why it matters: with too little history, an honest page says so instead of guessing a trajectory.
One or more growth curves carry a base-effect spike — a large year-on-year move off a near-zero or loss-making comparable quarter. Those spikes are capped before the classifier reads the trajectory, and shown pinned on the chart, so a single distorted quarter does not drive the stage call.
Fewer than eight usable quarters on the growth curves — this page will not guess a trajectory from a stub of history.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +16.3% | — | — | — |
| Profit | +28.7% | — | — | — |
| EPS | +28.5% | — | — | — |
| Share price | −37.9% | — | — | — |
4-Factor Sector Score
50.8/100 — rank 11 of 24 in Hotels · 93% evidence confidence
ITC Hotels Ltd scores 50.8 out of 100 against the 24 companies it is compared with in Hotels, ranking 11. Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -13.7% and the one-year return is -37%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
The four contributions add to the total exactly: 23.4 + 10.7 + 11.2 + 5.5 = 50.8. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
ITC Hotels Ltd reported ₹936 Cr of revenue in the Jun 26 quarter, +14.7% year on year. That is the 5th straight quarter of year-on-year growth. Over 2 years it has compounded at 36.4% a year. The last full year, FY26, came in at ₹4,139 Cr. The last four reported quarters add to ₹4,260 Cr.
FY26 revenue came in at ₹4,139 Cr (+16.3% on the year), capping 2 years at 36.4% compound. The latest quarter (Jun 26) printed ₹936 Cr, +14.7% year on year — the 5th consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +15.5% growth against the decade's 36.4% — the current year is running slower than its own long-run rate.
Operating margin Operating margin is what is left of every ₹100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
ITC Hotels Ltd's operating margin is 31.0% in the Jun 26 quarter, +1.0 percentage points against the same quarter a year ago. Across 3 fiscal years the operating margin has ranged 35.0% to 36.0%. The current quarter is running below every full year in that window.
The latest quarter's operating margin is 31.0%, +1.0 pp against the same quarter a year ago. Across 3 fiscal years the operating margin has ranged 35.0%–36.0%.
Why the margin moved: operating margin went +1.2 pp year on year while gross margin went +0.5 pp — the gain came mostly below the gross line: operating leverage, with costs spread over a bigger revenue base.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
ITC Hotels Ltd earned ₹182 Cr of net profit in the Jun 26 quarter, +35.8% year on year. It is the 5th consecutive quarter of growth. Full-year FY26 profit was ₹821 Cr. The 2-year compound rate is 39.2%. That is 19.4% of the quarter's revenue. The same quarter a year earlier earned ₹134 Cr.
Jun 26 profit was ₹182 Cr, +35.8% year on year — the 5th consecutive quarter of growth. On the full year, FY26 printed ₹821 Cr (+28.7%), and the 2-year compound rate is 39.2%.
Why profit moved: revenue contributed +14.7% and the margin +1.0 pp — the quarter was revenue-led, with the margin roughly flat.
Pace comparison, last four quarters: profit +35.3% vs revenue +15.5%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra rupee of revenue drops more to the bottom line.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 3 fiscal years 137% of ITC Hotels Ltd's reported profit arrived as operating cash — the cash follows the profit. In FY26 that was ₹1,110 Cr of operating cash against ₹821 Cr of profit. After ₹366 Cr of capital spending, ₹744 Cr was left as free cash.
FY26: operating cash of ₹1,110 Cr against reported profit of ₹821 Cr, leaving free cash of ₹744 Cr after ₹366 Cr of capital spending. Across the last 3 fiscal years the conversion rate is 137% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why conversion sits at 137%: the cash cycle held roughly steady between FY24 and FY26 — so conversion tracks profitability rather than the cycle.
Router verdict: no single sink dominates — the next section checks both the working-capital cycle and the capital spending.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
ITC Hotels Ltd's cash conversion cycle runs 20 days in FY26, down from 24 days in FY24. Capital spending ran ₹911 Cr over the last 2 years. At FY26 sales of ₹4,139 Cr each day of that cycle holds about ₹11.3 Cr, so roughly ₹227 Cr sits inside the business at any moment.
FY26: debtors at 20 days, inventory at 1,209 days — roughly 39.8 months of stock waiting to sell; that is where the cash sits while it waits — for a full cycle of 20 days, tighter than FY24's 24.
The full loop: cash goes out to suppliers and production on day 0; stock waits 1,209 days to sell; customers pay about 20 days after that; and suppliers themselves are paid at 415 days — netting out to the 20-day cycle.
In money terms: at FY26 sales of ₹4,139 Cr, each day of the cycle holds about ₹11.3 Cr — so the 20-day loop keeps roughly ₹227 Cr sitting inside the business at any moment.
On the investment side: capital spending of ₹911 Cr over the last 2 fiscal years against ₹819 Cr of depreciation — building somewhat ahead of wear-and-tear. Capital work-in-progress stands at ₹207 Cr (FY26) — capacity paid for but not yet earning.
The synthesis: neither the cycle nor the build-out is hoarding the cash — the machine is reasonably clean.
Return on capital Return on capital employed (ROCE) is the profit the whole business earns on all the money in it — equity and debt together. It is the single best test of whether growth creates value or just size.
ITC Hotels Ltd earns a ROCE of 11% in FY26. Return on invested capital clears the cost of that capital by −4.3 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is 19.8% net margin on 0.31× asset turns.
FY26 ROCE is 11%.
🚨 Why the return is what it is — the wiring (FY26): 19.8% net margin × 0.31× asset turns × 1.16× balance-sheet leverage ≈ 7.1% on equity. Margin is doing the heavy lifting; leverage is modest — this is an earned return, not a borrowed one.
The capstone test — ROIC − WACC: 7.7% − 12.0% = a −4.3 pp spread. The 12.0% is a standing assumption for the cost of capital in India, not a per-stock estimate — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
ITC Hotels Ltd carries total debt of ₹74.0 Cr against shareholder equity of ₹11,699 Cr as of Jun 26, a debt-to-equity of 0.01 — effectively unlevered. On the annual view that ratio went from 0.01 in FY24 to 0.01 in FY26. The returns elsewhere on this page are therefore earned rather than borrowed.
Jun 26: total debt of ₹74.0 Cr against shareholder equity of ₹11,699 Cr — a debt-to-equity of 0.01. On the annual view, debt-to-equity went from 0.01 (FY24) to 0.01 (FY26). The returns on this page are earned, not borrowed.
Ownership Who owns the stock, quarter by quarter: promoters (the controlling owners), foreign and domestic institutions, and the public. Steady accumulation by people close to the numbers is a signal; a quiet register is also an answer.
Foreign institutions cut 13.8 points of ITC Hotels Ltd over 5 quarters, the biggest move on the register. That takes foreign institutions to 11.6% of the company. Domestic institutions moved +2.4 points over the same window, to 24.0%. The register is read on the four disclosed classes only; nothing is inferred between filings.
The register over the last two years — Foreign institutions: −13.8 points over 5 quarters to 11.6%; Domestic institutions: +2.4 points over 5 quarters to 24.0%; Promoters: +0.0 points over 5 quarters to 39.9%.
Why the register moved: rotation — foreign institutions −13.8 points against domestic institutions +2.4 points over 5 quarters, with promoters holding steady — one class of institutions handing the register to the other, not a verdict change by the people closest to the numbers.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
ITC Hotels Ltd: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Chalet Hotels LtdCHALET | 71.3/100Favorable setup94% evidence | BREAKING OUT | 25.4/35 Revenue 6% · PAT 85.3% · OPM change 6 pp 100% evidence | 15.9/25 ROCE 17% · OPM 46% 100% evidence | 16.1/20 P/E 35.9× · PEG 0.83 100% evidence | 13.9/20 RS sector 3.6% · RS bench 4.9% · 1Y -14.1%4 of 10 weeks ahead 70% evidence |
| Exact sum: 25.4 + 15.9 + 16.1 + 13.9 = 71.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 2Asian Hotels (West) LtdAHLWEST | 66.2/100Favorable setup74% evidence | ASLEEP | 26.6/35 Revenue 8.5% · PAT 100% · OPM change 2 pp 95% evidence | 19.9/25 ROCE 19.7% · OPM 40% 95% evidence | 11.4/20 P/E 6.5× · PEG — 15% evidence | 8.3/20 RS sector -25% · RS bench 35.5% · 1Y —5 of 10 weeks ahead 70% evidence |
| Exact sum: 26.6 + 19.9 + 11.4 + 8.3 = 66.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Oriental Hotels LtdORIENTHOT | 62.7/100Mixed-positive evidence93% evidence | LEADER | 17.4/35 Revenue 6.9% · PAT 41.1% · OPM change -2.8 pp 100% evidence | 11.4/25 ROCE 12.1% · OPM 21% 100% evidence | 14.0/20 P/E 37.6× · PEG 0.66 65% evidence | 19.9/20 RS sector 24.4% · RS bench 25.2% · 1Y 0.8%12 of 12 weeks ahead 100% evidence |
| Exact sum: 17.4 + 11.4 + 14 + 19.9 = 62.7 · Decision use: Price leads the evidence: RS versus the benchmark is 25.2%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 4Indian Hotels Co LtdINDHOTEL | 61.3/100Mixed-positive evidence82% evidence | BREAKING OUT | 20.2/35 Revenue 13.2% · PAT 9.5% · OPM change 1 pp 95% evidence | 17.1/25 ROCE 17.1% · OPM 29% 76% evidence | 10.1/20 P/E 52.6× · PEG — 50% evidence | 13.9/20 RS sector 3.7% · RS bench 4.7% · 1Y -7.3%10 of 12 weeks ahead 100% evidence |
| Exact sum: 20.2 + 17.1 + 10.1 + 13.9 = 61.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5Leela Palaces Hotels & Resorts LtdTHELEELA | 59.9/100Mixed-positive evidence93% evidence | LEADER | 24.6/35 Revenue 19.1% · PAT 100% · OPM change -1 pp 100% evidence | 9.3/25 ROCE 8.7% · OPM 36% 100% evidence | 7.6/20 P/E 40.4× · PEG 1.65 65% evidence | 18.4/20 RS sector 21.4% · RS bench 22.8% · 1Y 32%12 of 12 weeks ahead 100% evidence |
| Exact sum: 24.6 + 9.3 + 7.6 + 18.4 = 59.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 6Travel Food Services LtdTRAVELFOOD | 58.1/100Mixed-positive evidence69% evidence | FADING | 16.2/35 Revenue 4.4% · PAT 17.4% · OPM change -3 pp 95% evidence | 21.2/25 ROCE 42.4% · OPM 36% 76% evidence | 9.5/20 P/E 34.7× · PEG — 15% evidence | 11.2/20 RS sector -0.2% · RS bench 0.8% · 1Y -4.2%3 of 12 weeks ahead 70% evidence |
| Exact sum: 16.2 + 21.2 + 9.5 + 11.2 = 58.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 7TajGVK Hotels & Resorts LtdTAJGVK | 56.4/100Mixed-positive evidence87% evidence | FADING | 21.3/35 Revenue 22.5% · PAT 100% · OPM change 0 pp 100% evidence | 12.9/25 ROCE 13.3% · OPM 30% 100% evidence | 14.3/20 P/E 14.6× · PEG 0.85 65% evidence | 7.9/20 RS sector -3.6% · RS bench -6.5% · 1Y -24.2%6 of 11 weeks ahead 70% evidence |
| Exact sum: 21.3 + 12.9 + 14.3 + 7.9 = 56.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 8Benares Hotels LtdBENARAS | 52.8/100Mixed-positive evidence76% evidence | 9.1/35 Revenue 7.7% · PAT -1.1% · OPM change -3.3 pp 95% evidence | 21.0/25 ROCE 29.8% · OPM 36.9% 76% evidence | 6.8/20 P/E 32.7× · PEG — 50% evidence | 15.9/20 RS sector 12.1% · RS bench 14.3% · 1Y 18.8%4 of 12 weeks ahead 70% evidence | |
| Exact sum: 9.1 + 21 + 6.8 + 15.9 = 52.8 · Decision use: Price leads the evidence: RS versus the benchmark is 14.3%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 9Juniper Hotels LtdJUNIPER | 52.4/100Mixed-positive evidence93% evidence | TURNING | 23.3/35 Revenue 11.4% · PAT 100% · OPM change -1 pp 100% evidence | 6.4/25 ROCE 8% · OPM 35% 100% evidence | 10.3/20 P/E 26.5× · PEG 1.48 65% evidence | 12.4/20 RS sector -1.7% · RS bench -1.2% · 1Y -23.8%2 of 12 weeks ahead 100% evidence |
| Exact sum: 23.3 + 6.4 + 10.3 + 12.4 = 52.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 10Lemon Tree Hotels LtdLEMONTREE | 51.0/100Mixed-positive evidence69% evidence | BASING | 18.9/35 Revenue 10.4% · PAT 9.6% · OPM change -1 pp 95% evidence | 16.4/25 ROCE 14.1% · OPM 43% 76% evidence | 9.9/20 P/E 32.4× · PEG — 15% evidence | 5.8/20 RS sector -8.5% · RS bench -18.2% · 1Y -40.2%0 of 10 weeks ahead 70% evidence |
| Exact sum: 18.9 + 16.4 + 9.9 + 5.8 = 51 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 11ITC Hotels Ltdthis pageITCHOTELS | 50.8/100Mixed-positive evidence93% evidence | BREAKING OUT | 23.4/35 Revenue 16.1% · PAT 26.9% · OPM change 1 pp 100% evidence | 10.7/25 ROCE 11.2% · OPM 31% 100% evidence | 11.2/20 P/E 34.7× · PEG 1.15 65% evidence | 5.5/20 RS sector -13.7% · RS bench -13.3% · 1Y -37%3 of 12 weeks ahead 100% evidence |
| Exact sum: 23.4 + 10.7 + 11.2 + 5.5 = 50.8 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -13.7% and the one-year return is -37%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 12Kamat Hotels (India) LtdKAMATHOTEL | 48.5/100Mixed-negative evidence81% evidence | BREAKING OUT | 13.4/35 Revenue 7.6% · PAT -11.5% · OPM change 5.3 pp 95% evidence | 16.9/25 ROCE 15.8% · OPM 27.2% 95% evidence | 10.6/20 P/E 15.8× · PEG — 50% evidence | 7.6/20 RS sector -20.6% · RS bench 7.5% · 1Y -29.3%7 of 11 weeks ahead 70% evidence |
| Exact sum: 13.4 + 16.9 + 10.6 + 7.6 = 48.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 13Advent Hotels International LtdADVENTHTL | 46.3/100Mixed-negative evidence60% evidence | TURNING | 16.7/35 Revenue 3.5% · PAT -29.3% · OPM change 6.1 pp 95% evidence | 8.5/25 ROCE 6.8% · OPM 32.6% 95% evidence | 11.1/20 P/E 14.3× · PEG — 15% evidence | 10.0/20 RS sector — · RS bench — · 1Y —0 of 10 weeks ahead 0% evidence |
| Exact sum: 16.7 + 8.5 + 11.1 + 10 = 46.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 14EIH LtdEIHOTEL | 46.2/100Mixed-negative evidence82% evidence | BASING | 12.1/35 Revenue 8.3% · PAT 4.2% · OPM change -3 pp 95% evidence | 18.3/25 ROCE 20.7% · OPM 25% 76% evidence | 13.3/20 P/E 24.7× · PEG — 50% evidence | 2.5/20 RS sector -14.2% · RS bench -13.6% · 1Y -30.3%1 of 12 weeks ahead 100% evidence |
| Exact sum: 12.1 + 18.3 + 13.3 + 2.5 = 46.2 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 15U P Hotels LtdUPHOT | 46.1/100Mixed-negative evidence76% evidence | 7.1/35 Revenue 1.4% · PAT -6% · OPM change -6.5 pp 95% evidence | 16.5/25 ROCE 21.7% · OPM 11.2% 76% evidence | 10.9/20 P/E 25.6× · PEG — 50% evidence | 11.6/20 RS sector 1.2% · RS bench -0.1% · 1Y -14.1%0 of 12 weeks ahead 70% evidence | |
| Exact sum: 7.1 + 16.5 + 10.9 + 11.6 = 46.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 16Ventive Hospitality LtdVENTIVE | 45.5/100Mixed-negative evidence75% evidence | BASING | 20.9/35 Revenue 25% · PAT 100% · OPM change -6 pp 95% evidence | 12.3/25 ROCE 10.8% · OPM 35% 76% evidence | 10.1/20 P/E 27.7× · PEG — 15% evidence | 2.2/20 RS sector -14% · RS bench -13.3% · 1Y -20.7%1 of 12 weeks ahead 100% evidence |
| Exact sum: 20.9 + 12.3 + 10.1 + 2.2 = 45.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 17Asian Hotels (North) LtdASIANHOTNR | 42.9/100Thin evidence · provisional56% evidence | TURNING | 14.0/35 Revenue 24.7% · PAT -80% · OPM change -3.6 pp 44% evidence | 4.5/25 ROCE 3.5% · OPM 17.5% 95% evidence | 8.5/20 P/E 120× · PEG — 15% evidence | 15.9/20 RS sector 8.5% · RS bench 23.3% · 1Y 15%2 of 10 weeks ahead 70% evidence |
| Exact sum: 14 + 4.5 + 8.5 + 15.9 = 42.9 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 18Samhi Hotels LtdSAMHI | 42.7/100Mixed-negative evidence83% evidence | ASLEEP | 19.2/35 Revenue 11.9% · PAT 100% · OPM change -1 pp 100% evidence | 6.5/25 ROCE 8.9% · OPM 32% 100% evidence | 11.2/20 P/E 8.3× · PEG — 15% evidence | 5.8/20 RS sector -8.1% · RS bench -7.5% · 1Y -27.6%7 of 12 weeks ahead 100% evidence |
| Exact sum: 19.2 + 6.5 + 11.2 + 5.8 = 42.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 19Sayaji Hotels LtdSAYAJIHOTL | 42.2/100Mixed-negative evidence63% evidence | BREAKING OUT | 12.7/35 Revenue -8.6% · PAT 79.7% · OPM change 3.3 pp 71% evidence | 4.3/25 ROCE -0.5% · OPM 13.3% 95% evidence | 10.0/20 P/E — · PEG — 0% evidence | 15.2/20 RS sector 8.5% · RS bench 11.3% · 1Y 8%8 of 11 weeks ahead 70% evidence |
| Exact sum: 12.7 + 4.3 + 10 + 15.2 = 42.2 · Decision use: Price leads the evidence: RS versus the benchmark is 11.3%, but earnings trajectory is weak. Wait for revenue and profit confirmation. | ||||||
| 20Viceroy Hotels LtdVHLTD | 40.0/100Mixed-negative evidence79% evidence | ASLEEP | 20.7/35 Revenue 24.4% · PAT -69.2% · OPM change 10.8 pp 71% evidence | 8.0/25 ROCE 7.1% · OPM 25.6% 95% evidence | 7.8/20 P/E 40.1× · PEG — 50% evidence | 3.5/20 RS sector -10.1% · RS bench -4% · 1Y 2.6%0 of 12 weeks ahead 100% evidence |
| Exact sum: 20.7 + 8 + 7.8 + 3.5 = 40 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 21EIH Associated Hotels LtdEIHAHOTELS | 38.5/100Mixed-negative evidence87% evidence | BASING | 7.2/35 Revenue -7.6% · PAT -7% · OPM change -2.2 pp 95% evidence | 14.6/25 ROCE 21.2% · OPM 10.8% 95% evidence | 13.4/20 P/E 19.5× · PEG — 50% evidence | 3.3/20 RS sector -13.4% · RS bench -12.7% · 1Y -29.7%1 of 12 weeks ahead 100% evidence |
| Exact sum: 7.2 + 14.6 + 13.4 + 3.3 = 38.5 · Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity. | ||||||
| 22Royal Orchid Hotels LtdROHLTD | 37.7/100Mixed-negative evidence81% evidence | BASING | 12.5/35 Revenue 26.9% · PAT -42.1% · OPM change -1.2 pp 95% evidence | 11.9/25 ROCE 10.8% · OPM 23.7% 95% evidence | 7.9/20 P/E 31.5× · PEG — 50% evidence | 5.4/20 RS sector -9.8% · RS bench -16.4% · 1Y -43.6%0 of 10 weeks ahead 70% evidence |
| Exact sum: 12.5 + 11.9 + 7.9 + 5.4 = 37.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 23Apeejay Surrendra Park Hotels LtdPARKHOTELS | 32.1/100Adverse evidence87% evidence | BASING | 12.3/35 Revenue 10.5% · PAT -36.4% · OPM change -1 pp 100% evidence | 9.2/25 ROCE 9.4% · OPM 28% 100% evidence | 4.2/20 P/E 36.7× · PEG 3.5 65% evidence | 6.4/20 RS sector -9.8% · RS bench -11.5% · 1Y -28.1%1 of 10 weeks ahead 70% evidence |
| Exact sum: 12.3 + 9.2 + 4.2 + 6.4 = 32.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 24HLV LtdHLVLTD | 41.2/100Thin evidence · provisional38% evidence | 17.9/35 Revenue -26.1% · PAT 100% · OPM change — 16% evidence | 8.8/25 ROCE 7.8% · OPM -39% 60% evidence | 11.5/20 P/E 2.8× · PEG — 15% evidence | 3.0/20 RS sector -29.5% · RS bench -24.8% · 1Y -39.4%1 of 2 weeks ahead to 2026-07-19 70% evidence | |
| Exact sum: 17.9 + 8.8 + 11.5 + 3 = 41.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is ITC Hotels Ltd's share price today?
ITC Hotels Ltd trades at ₹154, −37.9% over the past year. The company is valued at ₹32,014 Cr. The stock sits at 16% of its 52-week range of ₹142–₹217, −11.3% versus its 200-day average. On the tape, the price is in a downtrend, 39 weeks in. — as of 11 September 2026.
What were ITC Hotels Ltd's latest quarterly results?
ITC Hotels Ltd reported revenue of ₹936 Cr and net profit of ₹182 Cr for the Jun 26 quarter. Revenue rose 14.7% and profit rose 35.8% year on year. Earnings per share were ₹0.87. The operating margin was 31.0%, 1.0 pp higher than a year earlier. — as of 11 September 2026.
What is ITC Hotels Ltd's revenue?
ITC Hotels Ltd reported revenue of ₹936 Cr in the Jun 26 quarter, +14.7% year on year. For the full FY26 fiscal year, revenue was ₹4,139 Cr (+16.3%). Over the last 2 years revenue compounded at 36.4% a year. — as of 11 September 2026.
What is ITC Hotels Ltd's profit?
ITC Hotels Ltd earned ₹182 Cr of net profit in the Jun 26 quarter, +35.8% year on year — the 5th straight quarter of growth. Full-year FY26 profit was ₹821 Cr. The operating margin ran 31.0% in the latest quarter. — as of 11 September 2026.
What is ITC Hotels Ltd's market cap?
ITC Hotels Ltd's market capitalisation is ₹32,014 Cr at a share price of ₹154. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 11 September 2026.
What is ITC Hotels Ltd's P/E ratio?
ITC Hotels Ltd trades at a P/E of 34.7×, at the cheapest it has been in 1 years, against a long-run median of 46.0×. This is a comparison with the stock's own history, not a value call — as of 11 September 2026.
Does ITC Hotels Ltd pay a dividend?
No — ITC Hotels Ltd has recorded a dividend payout of 0% of profit in each of its last 3 reported fiscal years, so there is no payout history to quote. That is a reading of the filed annual statements, not an estimate. — as of 11 September 2026.
Is ITC Hotels Ltd overvalued?
On its own history, ITC Hotels Ltd looks cheap: its P/E of 34.7× has been cheaper only 0% of the time in 1 years (long-run median 46.0×). That is a percentile read against the stock's own past, not a price opinion or a direction call. — as of 11 September 2026.
Is ITC Hotels Ltd growing?
Yes — ITC Hotels Ltd is growing: latest-quarter revenue +14.7% year on year, profit +35.8%, and the margin +1.0 pp at 31.0%. The 2-year compound rates are 36.4% (revenue) and 39.2% (profit). The earnings engine currently reads: improving — as of 11 September 2026.
How is ITC Hotels Ltd performing?
ITC Hotels Ltd is in a downtrend, 39 weeks in. Its latest quarter's revenue rose 14.7% and profit rose 35.8% year on year. Against the NIFTY 500 it has been behind on a trailing-13-week view for 2 weeks. This describes what the data did, not a rating. — as of 11 September 2026.
Is ITC Hotels Ltd in an uptrend?
No — the price is in a downtrend (week 39 of stage 4), trading −11.3% versus its 200-day average and at 16% of its 52-week range. Price stages cycle base → advance → top → decline, and the stage names where this stock sits in that cycle — as of 11 September 2026.
Is ITC Hotels Ltd beating the market?
Not lately — on a trailing-13-week view ITC Hotels Ltd is currently behind the NIFTY 500 (2 weeks and counting; last ahead the week of 2026-08-28), the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 1.6 years the stock moved −10% against the NIFTY 500's +5% — behind the index over the full window. — as of 11 September 2026.
Will ITC Hotels Ltd's share price go up?
This page publishes no price forecast for ITC Hotels Ltd. What it measures instead: the share price is ₹154, the price is in a downtrend 39 weeks in. Its P/E of 34.7× sits at the 0th percentile of its own 1-year range. — as of 11 September 2026.
Who owns ITC Hotels Ltd?
Promoters hold 39.9% of ITC Hotels Ltd, foreign institutions 11.6%, domestic institutions 24.0% and the public 24.5% (latest quarter). The biggest move on the register over the last two years: Foreign institutions cut 13.8 points over 5 quarters. — as of 11 September 2026.
Does ITC Hotels Ltd have too much debt?
No — ITC Hotels Ltd's debt-to-equity is 0.01, and operating profit covers the interest bill 27×. FY26 borrowings were ₹74.0 Cr against equity of ₹11,658 Cr. The returns on this page are earned, not borrowed — as of 11 September 2026.
What is ITC Hotels Ltd's capex?
ITC Hotels Ltd spent ₹911 Cr on capital expenditure over the last 2 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY26 alone that was ₹366 Cr, with ₹207 Cr in capital work-in-progress — capacity paid for but not yet earning. — as of 11 September 2026.
What is ITC Hotels Ltd's cash flow?
ITC Hotels Ltd generated ₹1,110 Cr of operating cash flow in FY26 and ₹744 Cr of free cash flow after ₹366 Cr of capital spending. Reported profit that year was ₹821 Cr, so operating cash ran ahead of profit. Cash-flow resolution for India is annual. — as of 11 September 2026.
Is ITC Hotels Ltd's profit real cash?
Yes — over the last 3 fiscal years, 137% of ITC Hotels Ltd's reported profit arrived as operating cash. In FY26, operating cash was ₹1,110 Cr against reported profit of ₹821 Cr. The cash then goes into a mix of the working-capital cycle and capacity. Cash-flow resolution is annual — as of 11 September 2026.
Where is ITC Hotels Ltd in its business cycle?
ITC Hotels Ltd's FY26 operating margin was 36.0%, against a 3-year band of 35.0%–36.0%: mid-band by its own history — neither the peak that precedes mean-reversion nor the trough that precedes recovery. The latest quarter ran 31.0%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 11 September 2026.
What growth does ITC Hotels Ltd's price assume?
At its price on 13 June 2026, ITC Hotels Ltd was priced for profit growth of about 23.3% a year. Profit itself has compounded 39.2% a year over the past 2 years. The figure reads the multiple backwards: the growth a buyer at that price was already paying for. — as of 11 September 2026.
What could break the ITC Hotels Ltd story?
The sharpest disagreement: annual EPS moved +28.5% against a −37.9% price move — the market has not yet caught up with the delivery. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 11 September 2026.
Is ITC Hotels Ltd a stock worth studying right now?
This is not investment advice. The machine read: ITC Hotels Ltd's earnings have outrun its stock. EPS grew +28.5% in a year against a −37.9% price move. The sharpest open question: whether the price catches up with earnings that have already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 11 September 2026.
Not SEBI Registered !! Not Investment advice !!