Kamat Hotels (India) share price today

Kamat Hotels (India) Ltd's share price was ₹231.53 at the close on 4 November 2026. It has been rising for 6 weeks. That is 10.2% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹153 and ₹279, and at that close it sat 62% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Kamat Hotels (India) Ltd is in stage 2. The phase helps read everything below.

Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 14 weeks in a row.

Over the last 11 years the share price moved +581% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

3 points on a year earlier.

2. Operating margin up 5.3 points on a year earlier

   27.2% in the June 2026 quarter, from 21.9%.

   Why: The company got better room prices and kept a tight lid on costs.

   From the earnings call on 12 Aug 2026.

For April to June 2026 (the quarter ended 30 June 2026), Kamat Hotels (India) reported revenue of ₹90.5 crore, up 9.5% from ₹82.7 crore a year earlier, and a profit of ₹9.69 crore, up 129.1% from ₹4.23 crore.

Kamat Hotels (India) results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Kamat Hotels (India)'s management discussed these results on a call held on 12 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Kamat Hotels (India) closed at ₹231.53 on 4 November 2026, down 17.0% from ₹278.95 a year earlier (7 November 2025) and up 273.7% over five years. Its highest weekly close since March 2016 was ₹357.20 on 20 January 2024.

Kamat Hotels (India) share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

561 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Kamat Hotels (India) closed at ₹231.53, up 4.8% on the week and down 2.3% on the month. 12 Aug 2026: Kamat Hotels (India) held its results call for April to June 2026. Management guided: Operating margin aiming for 30% and new-property profitability expected within a 2-3 year stabilization path; drivers are higher revenue and cost management.

Earlier

• Results for April to June 2026: Revenue up 9.5% and profit up 129.1% on a year earlier.

Kamat Hotels (India) has paid no dividend on the NSE since 1 April 2021, the start of the period we checked.

No. Kamat Hotels (India) Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 12 August 2026, Kamat Hotels (India)'s management guided: Operating margin aiming for 30% and new-property profitability expected within a 2-3 year stabilization path; drivers are higher revenue and cost management.

“Our target is to take EBITDA margins up to 30%, and this will come from both higher revenue and cost management.”Milind Wadekar, CFO, on the call for April to June 2026

What management guided

• Quarter-on-quarter growth and occupancy improvement expected through the remaining FY27 quarters, with stronger second-half demand.
• Business hotels typically cross 75-85% occupancy, while leisure-property occupancy remains seasonal.
• Around 400 keys across signed projects over the next 12-15 months; new properties, including Bhavnagar, expected to contribute meaningfully as they scale.
• Dwarka planned for November-December and Gwalior for end-October/November; Dehradun may slip another six months, Nashik goals opening before the main Kumbh, and Rishikesh/Mandvi remain on track.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 12 August 2026.

When Kamat Hotels (India) reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Dwarka and Gwalior openings - check owner-funded execution against the stated near-term schedules and initial operating contribution.

Kamat Hotels (India) is on 2 of our India lists: Breakout stocks and Hotel stocks.

Kamat Hotels (India) Ltd earned ₹9.7 Cr of net profit in the Jun 2026 quarter, +129.1% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹39.0 Cr. That is 10.7% of the quarter's revenue. The same quarter a year earlier earned ₹4.2 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

1 of the last 12 reported quarters were loss-making.

For the full year, FY26 profit was ₹39.0 Cr (−17.0% on the year before).

Why profit moved: revenue changed +9.5% on a year earlier and the margin moved +5.3 percentage points. Most of the change came from keeping more of each sale.

On average over the last four quarters, profit changed +8.6% and revenue +7.1%. Profit and revenue are moving at about the same pace.

Kamat Hotels (India) Ltd reported ₹90.5 Cr of revenue in the Jun 2026 quarter, +9.5% on the same quarter a year earlier. That is the 3rd quarter in a row with growth on the year before. Over 10 years it has grown 7.8% a year on average. The last full year, FY26, came in at ₹386 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹394 Cr.

FY26 revenue was ₹386 Cr, +8.1% on the year before.

Recent pace: the last four quarters grew +7.1% on average, against 7.8% a year over the longer run, so this year is growing at about the same pace as its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +7.6%, against +13.0% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −11.5%, against −0.9% a year (rolling over).

Kamat Hotels (India) Ltd's operating margin was 27.2% in the Jun 2026 quarter, 5.3 percentage points higher than the same quarter a year ago. Across 13 years it has been between 12.0% and 37.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed +5.3 percentage points on the year while gross margin changed −2.3 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

Over the last 3 years, 180% of Kamat Hotels (India) Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹98.0 Cr of operating cash against ₹39.0 Cr of profit.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

After ₹102 Cr of spending on assets, free cash was −₹4.0 Cr: it spent more than its operations brought in.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason.

What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building.

Kamat Hotels (India) Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹386 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹185 Cr on assets over the last 3 years.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

Averaged over those years that is 16.0% of FY26 revenue a year.

Spending on assets: ₹185 Cr over the last 3 years, against ₹66.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹5.0 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Kamat Hotels (India) Ltd's P/E is 16.3×, in the middle of its own history: higher than 54% of past readings. Its usual P/E (the middle reading) is 15.8×, over 9.2 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹13.62.