# Kamat Hotels (India) share price today (Kamat Hotels (India) Ltd, NSE: KAMATHOTEL)

> Kamat Hotels (India) share price today: ₹229.65 at the NSE close on 3 November 2026, down 21.6% in a year. Kamat Hotels (India) (NSE: KAMATHOTEL) is worth ₹678 crore, trades at a P/E of 16.1 and has closed between ₹152.96 and ₹278.95 over the past 52 weeks. > Kamat Hotels (India) Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. KAMATHOTEL · Hotels · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/kamat-hotels-indialtd

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## Key numbers

- Business trend: Getting worse, from fewer quarters than usual
- Price: ₹229.65 (−21.6% in a year)
- P/E: 16.1× (higher than 53% of the last 9.2 years)
- Revenue (Jun 2026): ₹90.5 Cr (+9.5% on a year ago)
- Profit (Jun 2026): ₹9.7 Cr (+129.1% on a year ago)
- Operating margin: 27.2% (+5.3 points on a year ago)
- ROCE: 16%, FY26
- ROIC: 10.2%, against a 12.0% cost of capital: −1.8 points

Biggest thing to watch: the price has already been rising for 6 weeks, so timing is the risk more than the business. ## What is the Kamat Hotels (India) share price today? Kamat Hotels (India) Ltd's share price was ₹229.65 at the close on 3 November 2026. It has been rising for 6 weeks. That is 9.3% 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 61% of the way up from that low. 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 +575% 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. ## What changed at Kamat Hotels (India) this quarter? 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. ## What are Kamat Hotels (India)'s latest quarterly results? 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

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹90.5 crore | ₹82.7 crore | +9.5% |
| Profit | ₹9.69 crore | ₹4.23 crore | +129.1% |
| Earnings per share | ₹3.19 | ₹1.23 | +159.3% |
| Operating margin | 27.2% | 21.9% | +5.3 points |

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.)

## What is the Kamat Hotels (India) share price history? Kamat Hotels (India) closed at ₹229.65 on 3 November 2026, down 21.6% from ₹292.85 a year earlier (31 October 2025) and up 270.7% 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

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹218.60 | +5.1% |
| 1 month ago · 1 Oct 2026 | ₹237.10 | −3.1% |
| 6 months ago · 30 Apr 2026 | ₹169.55 | +35.4% |
| 1 year ago · 31 Oct 2025 | ₹292.85 | −21.6% |
| 3 years ago · 3 Nov 2023 | ₹195.60 | +17.4% |
| 5 years ago · 4 Nov 2021 | ₹61.95 | +270.7% |
| 10 years ago · 4 Nov 2016 | ₹33.25 | +590.7% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹34.00 | +575.4% |
| Highest weekly close since March 2016 · 20 Jan 2024 | ₹357.20 | −35.7% |
| Lowest weekly close since March 2016 · 3 Apr 2020 | ₹17.70 | +1,197.5% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹278.95 | −17.7% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹152.96 | +50.1% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (561 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Kamat Hotels (India)? 3 Nov 2026: Kamat Hotels (India) closed at ₹229.65, up 5.1% on the week and down 3.1% 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. ## What dividend does Kamat Hotels (India) pay? 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 4 November 2026.)

## What did Kamat Hotels (India) management say on the latest results call? 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](https://files.tijorifinance.com/insight/india/2987/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 12 August 2026.)

## What to watch in Kamat Hotels (India)'s next results? 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. - What to check (from the call)
- Dwarka and Gwalior openings - check owner-funded execution against the stated near-term schedules and initial operating contribution. - Dehradun and Nashik milestones - monitor whether owner dependence and technical issues cause further slippage. - Bhavnagar, Panchgani, Rishikesh, and Hyderabad ramp-up - check conversion from new-property costs into operating profit contribution. - Margin durability - track cost rationalization, renewable-energy migration, and Pune improvement toward the long-term goal. ## Which stock lists is Kamat Hotels (India) on? Kamat Hotels (India) is on 2 of our India lists: Breakout stocks and Hotel stocks. - [Breakout stocks Breakout date: 9 October 2026](https://www.sectoralpha.in/breakout-stocks-india)
- [Hotel stocks Group on the list: Hotel owners and chains](https://www.sectoralpha.in/sectors/hotels)

## Is Kamat Hotels (India) profitable? 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. 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. ## How much revenue does Kamat Hotels (India) make, and is it growing? 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. 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). ## How much of every ₹100 of sales does Kamat Hotels (India) keep? 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. 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. ## Is Kamat Hotels (India)'s profit turning into cash? 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. 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. ## Where does Kamat Hotels (India)'s cash go? 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. 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. ## What is Kamat Hotels (India)'s P/E ratio, and how does it compare with its own history? Kamat Hotels (India) Ltd's P/E is 16.1×, in the middle of its own history: higher than 53% 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. 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. Why the multiple is where it is: over the past year earnings per share moved −26.2% while the price moved −21.6%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 3 years the price moved +5.5% a year; about −18.7% a year came from earnings growth and about +24.2 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Kamat Hotels (India) business getting better or worse? Kamat Hotels (India) Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −11.5% in the latest quarter, against +2401.2% at its best in 12 quarters, with ROCE falling at 16.0%. This is based on 12 quarters of 4 measures, with some gaps. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Kamat Hotels (India) earn on its capital? Kamat Hotels (India) Ltd earned a ROCE of 16% in FY26. That is up from a low of −3% in FY21. Its return on capital used (ROIC) is 1.8 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 10.1% net margin and 0.57× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 10.1% net margin × 0.57× asset turnover × 2.15× leverage (assets divided by equity) ≈ 12.4% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 10.2% − 12.0% = −1.8 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Kamat Hotels (India) have too much debt? Kamat Hotels (India) Ltd has total debt of ₹233 Cr against shareholder equity of ₹333 Cr as of Jun 2026, so its debt is 0.70× its equity. Year by year, that ratio went from −2.54 in FY22 to 0.70 in FY26. Keep that borrowing in mind when reading the returns on this page. ## What is the Kamat Hotels (India) shareholding pattern? No group of Kamat Hotels (India) Ltd's owners changed its stake by a full percentage point over the last two years. Promoters moved +0.0 points over the same period, to 57.8%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −0.7 points over 8 quarters, to 3.9%; Promoters: +0.0 points over 8 quarters, to 57.8%; Foreign institutions: +0.0 points over 8 quarters, to 0.0%. ## How far is Kamat Hotels (India) from balance-sheet trouble? For Kamat Hotels (India) Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Kamat Hotels (India) rank in its industry? 47.9 out of 100, rank 14 of 24 in Hotels, with 71% of the evidence available. Kamat Hotels (India) Ltd scores 47.9 out of 100 against the 24 companies it is compared with in Hotels, ranking 14. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 13.4 + 13.2 + 9.6 + 11.7 = 47.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Kamat Hotels (India) compared with? Kamat Hotels (India) ranks 14 of 24 Hotels companies on the 4-Factor Sector Score, with 47.9 out of 100. 1. [Asian Hotels (West) Ltd](https://www.sectoralpha.in/stocks/asian-hotels-westltd) AHLWEST · turning · Most evidence points up · 64% evidence 68.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 25.3/35 · Revenue 8.5% · Profit 100% · Operating margin change 2 points · 88% evidence Capital efficiency 19.2/25 · ROCE 19.7% · Operating margin 40% · 100% evidence Valuation 11.4/20 · P/E 6.7× · PEG n/a · 15% evidence Relative strength 12.2/20 · Lead over its industry n/a · Lead over NIFTY 500 34.1% · 1 year n/a · 25% evidence · 0 of 12 weeks ahead Exact sum: 25.3 + 19.2 + 11.4 + 12.2 = 68.1 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Indian Hotels Co Ltd](https://www.sectoralpha.in/stocks/indian-hotels-co-ltd) INDHOTEL · turning · Most evidence points up · 82% evidence 66.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.5/35 · Revenue 15.4% · Profit 28.6% · Operating margin change 0 points · 95% evidence Capital efficiency 17.0/25 · ROCE 17.1% · Operating margin 28% · 76% evidence Valuation 10.2/20 · P/E 57.5× · PEG n/a · 50% evidence Relative strength 17.2/20 · Lead over its industry 16.2% · Lead over NIFTY 500 22.1% · 1 year 9.4% · 100% evidence · 8 of 12 weeks ahead Exact sum: 22.5 + 17 + 10.2 + 17.2 = 66.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [TajGVK Hotels & Resorts Ltd](https://www.sectoralpha.in/stocks/tajgvk-hotels-resorts-ltd) TAJGVK · quiet · Most evidence points up · 74% evidence 65.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.4/35 · Revenue 22.5% · Profit 100% · Operating margin change 0 points · 88% evidence Capital efficiency 13.4/25 · ROCE 13.3% · Operating margin 30% · 100% evidence Valuation 15.3/20 · P/E 13.2× · PEG 0.85 · 65% evidence Relative strength 8.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -9.1% · 1 year -28% · 25% evidence · 2 of 12 weeks ahead Exact sum: 28.4 + 13.4 + 15.3 + 8.1 = 65.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Oriental Hotels Ltd](https://www.sectoralpha.in/stocks/oriental-hotels-ltd) ORIENTHOT · leader · Evidence leans up · 93% evidence 64.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.9/35 · Revenue 6.8% · Profit 36% · Operating margin change -0.8 points · 100% evidence Capital efficiency 14.1/25 · ROCE 12.1% · Operating margin 23% · 100% evidence Valuation 12.9/20 · P/E 42.1× · PEG 0.88 · 65% evidence Relative strength 20.0/20 · Lead over its industry 37.9% · Lead over NIFTY 500 44.5% · 1 year 30.4% · 100% evidence · 12 of 12 weeks ahead Exact sum: 17.9 + 14.1 + 12.9 + 20 = 64.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Leela Palaces Hotels & Resorts Ltd](https://www.sectoralpha.in/stocks/leela-palaces-hotels-resorts-ltd) THELEELA · leader · Evidence leans up · 93% evidence 61.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.7/35 · Revenue 23.5% · Profit 80.5% · Operating margin change -1 points · 100% evidence Capital efficiency 10.5/25 · ROCE 8.7% · Operating margin 43% · 100% evidence Valuation 8.7/20 · P/E 45.2× · PEG 1.81 · 65% evidence Relative strength 18.9/20 · Lead over its industry 35.4% · Lead over NIFTY 500 42.1% · 1 year 46.2% · 100% evidence · 12 of 12 weeks ahead Exact sum: 23.7 + 10.5 + 8.7 + 18.9 = 61.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [ITC Hotels Ltd](https://www.sectoralpha.in/stocks/itc-hotels-ltd) ITCHOTELS · turning · Evidence leans up · 93% evidence 55.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.9/35 · Revenue 19.9% · Profit 26.7% · Operating margin change 3 points · 100% evidence Capital efficiency 11.4/25 · ROCE 11.2% · Operating margin 32% · 100% evidence Valuation 7.9/20 · P/E 35.2× · PEG 2.02 · 65% evidence Relative strength 12.5/20 · Lead over its industry -2.5% · Lead over NIFTY 500 2.4% · 1 year -22.9% · 100% evidence · 2 of 12 weeks ahead Exact sum: 23.9 + 11.4 + 7.9 + 12.5 = 55.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Viceroy Hotels Ltd](https://www.sectoralpha.in/stocks/viceroy-hotels-ltd) VHLTD · breaking out · Evidence leans up · 78% evidence 54.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.6/35 · Revenue 24.4% · Profit -69.2% · Operating margin change 10.8 points · 65% evidence Capital efficiency 7.0/25 · ROCE 7.1% · Operating margin 25.6% · 100% evidence Valuation 8.5/20 · P/E 47.8× · PEG n/a · 50% evidence Relative strength 16.1/20 · Lead over its industry 10.2% · Lead over NIFTY 500 15.7% · 1 year 18.7% · 100% evidence · 6 of 12 weeks ahead Exact sum: 22.6 + 7 + 8.5 + 16.1 = 54.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Chalet Hotels Ltd](https://www.sectoralpha.in/stocks/chalet-hotels-ltd) CHALET · breaking out · Evidence leans up · 74% evidence 52.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.2/35 · Revenue 6% · Profit 85.3% · Operating margin change 6 points · 88% evidence Capital efficiency 18.5/25 · ROCE 17% · Operating margin 46% · 100% evidence Valuation 4.9/20 · P/E 33× · PEG 3.09 · 65% evidence Relative strength 10.3/20 · Lead over its industry n/a · Lead over NIFTY 500 2% · 1 year -15.2% · 25% evidence · 8 of 12 weeks ahead Exact sum: 19.2 + 18.5 + 4.9 + 10.3 = 52.9 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 9. [Lemon Tree Hotels Ltd](https://www.sectoralpha.in/stocks/lemon-tree-hotels-ltd) LEMONTREE · turning · Too little evidence to rank firmly · 56% evidence 52.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.9/35 · Revenue 10.4% · Profit 9.6% · Operating margin change -1 points · 83% evidence Capital efficiency 16.4/25 · ROCE 14.1% · Operating margin 43% · 76% evidence Valuation 9.4/20 · P/E 33.8× · PEG n/a · 15% evidence Relative strength 8.4/20 · Lead over its industry n/a · Lead over NIFTY 500 -5.8% · 1 year -33.9% · 25% evidence · 2 of 12 weeks ahead Exact sum: 17.9 + 16.4 + 9.4 + 8.4 = 52.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 10. [Travel Food Services Ltd](https://www.sectoralpha.in/stocks/travel-food-services-ltd) TRAVELFOOD · quiet · Evidence leans up · 71% evidence 51.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.8/35 · Revenue 4.4% · Profit 17.4% · Operating margin change -3 points · 83% evidence Capital efficiency 21.3/25 · ROCE 42.4% · Operating margin 36% · 76% evidence Valuation 9.8/20 · P/E 31.9× · PEG n/a · 15% evidence Relative strength 4.8/20 · Lead over its industry -7.3% · Lead over NIFTY 500 -2.5% · 1 year -12.6% · 100% evidence · 2 of 12 weeks ahead Exact sum: 15.8 + 21.3 + 9.8 + 4.8 = 51.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [Juniper Hotels Ltd](https://www.sectoralpha.in/stocks/juniper-hotels-ltd) JUNIPER · breaking out · Evidence leans down · 89% evidence 49.9 out of 100 Growth Capital Valuation Relative
12. [Benares Hotels Ltd](https://www.sectoralpha.in/stocks/benares-hotels-ltd) BENARAS · breaking out · Evidence leans down · 85% evidence 48.0 out of 100 Growth Capital Valuation Relative
13. [EIH Ltd](https://www.sectoralpha.in/stocks/eih-ltd) EIHOTEL · quiet · Evidence leans down · 78% evidence 48.0 out of 100 Growth Capital Valuation Relative
14. Kamat Hotels (India) Ltd this page KAMATHOTEL · breaking out · Evidence leans down · 71% evidence 47.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.4/35 · Revenue 7.6% · Profit -11.5% · Operating margin change 5.3 points · 88% evidence Capital efficiency 13.2/25 · ROCE 15.8% · Operating margin 27.2% · 100% evidence Valuation 9.6/20 · P/E 15.4× · PEG n/a · 50% evidence Relative strength 11.7/20 · Lead over its industry n/a · Lead over NIFTY 500 14.7% · 1 year -24.6% · 25% evidence · 12 of 12 weeks ahead Exact sum: 13.4 + 13.2 + 9.6 + 11.7 = 47.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 15. [Advent Hotels International Ltd](https://www.sectoralpha.in/stocks/advent-hotels-international-ltd) ADVENTHTL · quiet · Too little evidence to rank firmly · 51% evidence 45.7 out of 100 Growth Capital Valuation Relative
16. [Samhi Hotels Ltd](https://www.sectoralpha.in/stocks/samhi-hotels-ltd) SAMHI · quiet · Evidence leans down · 79% evidence 45.6 out of 100 Growth Capital Valuation Relative
17. [Royal Orchid Hotels Ltd](https://www.sectoralpha.in/stocks/royal-orchid-hotels-ltd) ROHLTD · quiet · Evidence leans down · 81% evidence 45.3 out of 100 Growth Capital Valuation Relative
18. [Ventive Hospitality Ltd](https://www.sectoralpha.in/stocks/ventive-hospitality-ltd) VENTIVE · quiet · Evidence leans down · 71% evidence 44.1 out of 100 Growth Capital Valuation Relative
19. [Sayaji Hotels Ltd](https://www.sectoralpha.in/stocks/sayaji-hotels-ltd) SAYAJIHOTL · leader · Too little evidence to rank firmly · 56% evidence 43.2 out of 100 Growth Capital Valuation Relative
20. [EIH Associated Hotels Ltd](https://www.sectoralpha.in/stocks/eih-associated-hotels-ltd) EIHAHOTELS · basing · Evidence leans down · 96% evidence 40.7 out of 100 Growth Capital Valuation Relative
21. [U P Hotels Ltd](https://www.sectoralpha.in/stocks/u-p-hotels-ltd) UPHOT · breaking out · Evidence leans down · 81% evidence 39.8 out of 100 Growth Capital Valuation Relative
22. [Apeejay Surrendra Park Hotels Ltd](https://www.sectoralpha.in/stocks/apeejay-surrendra-park-hotels-ltd) PARKHOTELS · quiet · Most evidence points down · 81% evidence 34.9 out of 100 Growth Capital Valuation Relative
23. [Asian Hotels (North) Ltd](https://www.sectoralpha.in/stocks/asian-hotels-northltd) ASIANHOTNR · breaking out · Too little evidence to rank firmly · 56% evidence 34.9 out of 100 Growth Capital Valuation Relative
24. [HLV Ltd](https://www.sectoralpha.in/stocks/hlv-ltd) HLVLTD · Too little evidence to rank firmly · 48% evidence 39.7 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. 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 path the industry 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 growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Hotels](https://www.sectoralpha.in/sectors/hotels), all 24 compared on one page. ## Which companies are close to Kamat Hotels (India) in size? Kamat Hotels (India) is the 20th largest of 24 Hotels companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Viceroy Hotels, U P Hotels and Royal Orchid Hotels. Just below it: Advent Hotels International, Asian Hotels (West) and Sayaji Hotels. ### Hotels companies close in size

1. [Viceroy Hotels Ltd](https://www.sectoralpha.in/stocks/viceroy-hotels-ltd) ₹1,090 crore
2. [U P Hotels Ltd](https://www.sectoralpha.in/stocks/u-p-hotels-ltd) ₹812 crore
3. [Royal Orchid Hotels Ltd](https://www.sectoralpha.in/stocks/royal-orchid-hotels-ltd) ₹738 crore
4. Kamat Hotels (India) Ltd ₹647 crore
5. [Advent Hotels International Ltd](https://www.sectoralpha.in/stocks/advent-hotels-international-ltd) ₹641 crore
6. [Asian Hotels (West) Ltd](https://www.sectoralpha.in/stocks/asian-hotels-westltd) ₹606 crore
7. [Sayaji Hotels Ltd](https://www.sectoralpha.in/stocks/sayaji-hotels-ltd) ₹536 crore

[All 24 Hotels companies, largest first](https://www.sectoralpha.in/sectors/hotels#all-companies)

### Companies close in size in other industries

1. [Bajaj Steel Industries Ltd](https://www.sectoralpha.in/stocks/bajaj-steel-industries-ltd) ₹651 crore · Capital Goods - Engineering Heavy
2. [GIC Housing Finance Ltd](https://www.sectoralpha.in/stocks/gic-housing-finance-ltd) ₹650 crore · Finance - Housing
3. Kamat Hotels (India) Ltd ₹647 crore
4. [Cellecor Gadgets Ltd](https://www.sectoralpha.in/stocks/cellecor-gadgets-ltd) ₹646 crore · Retail - Electronics
5. [Popular Vehicles & Services Ltd](https://www.sectoralpha.in/stocks/popular-vehicles-services-ltd) ₹643 crore · Retail - Vehicles

## What else do people ask about Kamat Hotels (India)? ### What is Kamat Hotels (India)'s share price today? Kamat Hotels (India) Ltd's share price is ₹229.65, −21.6% over the past year. The whole company is worth ₹678 Cr on the market. In the last 52 weeks it traded between ₹153 to ₹279; today it is 61% of the way up from the low, 9.3% above its 200-day average (as of 3 November 2026). ### What were Kamat Hotels (India)'s latest quarterly results? Kamat Hotels (India) Ltd reported revenue of ₹90.5 Cr and net profit of ₹9.7 Cr for the Jun 2026 quarter. Revenue rose 9.5% and profit rose 129.1% compared with a year earlier. Earnings per share were ₹3.19. The operating margin was 27.2%, 5.3 percentage points higher than a year earlier (as of 3 November 2026). ### What is Kamat Hotels (India)'s market cap? Kamat Hotels (India) Ltd's market capitalisation is ₹678 Cr at a share price of ₹229.65. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Kamat Hotels (India) performing? Kamat Hotels (India) Ltd's share price has been rising for 6 weeks. In its latest quarter, revenue rose 9.5% and profit rose 129.1% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 14 weeks running (as of 3 November 2026). ### Will Kamat Hotels (India)'s share price go up? This page does not forecast Kamat Hotels (India) Ltd's share price. What it shows instead: the share price is ₹229.65, and it has been rising for 6 weeks. Its P/E of 16.1× is higher than 53% of its own last 9 years (as of 3 November 2026). ### Who owns Kamat Hotels (India)? Promoters own 57.8% of Kamat Hotels (India) Ltd, foreign institutions 0.0%, domestic institutions 3.9% and the public 38.3% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Does Kamat Hotels (India) have too much debt? Kamat Hotels (India) Ltd has a moderate amount of debt: its debt is 0.74× its equity, and its operating profit is 3 times its interest bill. FY26 borrowings were ₹233 Cr against equity of ₹316 Cr. Keep that borrowing in mind when reading the returns on this page (as of 3 November 2026). ### Where is Kamat Hotels (India) in its business cycle? Kamat Hotels (India) Ltd's FY26 operating margin was 25.0%, against a 13-year range of 12.0% to 37.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 27.2%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Kamat Hotels (India) story? Biggest thing to watch: the price has already been rising for 6 weeks, so timing is the risk more than the business. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Kamat Hotels (India) a stock worth studying right now? What the numbers show: Kamat Hotels (India) Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Kamat Hotels (India) share price forecast for 2026? What management itself 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. ## Lists

- Breakout stocks: https://www.sectoralpha.in/breakout-stocks-india
- Hotel stocks: https://www.sectoralpha.in/sectors/hotels

This is research, not advice. We’re not SEBI-registered.