Oriental Hotels share price today

Oriental Hotels Ltd's share price was ₹167.55 at the close on 4 November 2026. It has been rising for 16 weeks. That is 30.5% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹86 and ₹168, and at that close it was at the high of that range.

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 Oriental Hotels 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 29 weeks in a row.

Over the last 11 years the share price moved +757% while the NIFTY 500 moved +257%, 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.

Two changes stood out: revenue up on a year earlier for 9 quarters in a row and closed the week at a 52-week high.

1. Revenue up on a year earlier for 9 quarters in a row

   In the September 2026 quarter revenue was ₹118 crore, +6.6% on a year earlier.

2. Closed the week at a 52-week high

   ₹160.86 on 30 Oct 2026, the highest weekly close in a year.

For July to September 2026 (the quarter ended 30 September 2026), Oriental Hotels reported revenue of ₹118 crore, up 6.6% from ₹110 crore a year earlier, and a profit of ₹8.59 crore, up 7.9% from ₹7.96 crore.

Oriental Hotels results: July to September 2026 against a year earlier

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

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

Oriental Hotels closed at ₹167.55 on 4 November 2026, up 38.1% from ₹121.36 a year earlier (7 November 2025) and up 337.5% over five years. Its highest weekly close since February 2016 was ₹196.76 on 6 December 2024.

Oriental Hotels 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.

565 weekly closes from 26 February 2016 to 4 November 2026.

4 Nov 2026: Oriental Hotels closed at ₹167.55, up 4.2% on the week and up 19.7% on the month. Our read, 10 Oct 2026: A Taj-branded South India hotel owner whose own business is improving slowly, now being absorbed by IHCL at a fixed share ratio, the price follows IHCL, not its own earnings.

Earlier

• Results for July to September 2026: Revenue up 6.6% and profit up 7.9% on a year earlier.
• 23 Jul 2026: ex-date for a dividend of ₹0.65 a share.

Our read of the business

April to June 2026: Hotels flat, group profit down 20% on a bigger joint-venture loss.

Our read after the April to June 2026 results, written 10 October 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

Oriental Hotels paid ₹0.65 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 0.39% at the ₹167.55 close on 4 November 2026. The last was a dividend of ₹0.65 a share, ex-date 23 July 2026.

Oriental Hotels dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here.

Yes. Oriental Hotels Ltd paid out 17% of its profit as dividends in FY26, and it paid a dividend in 6 of its last 13 reported years. 3 of those years show a negative figure because profit itself was negative.

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

Oriental Hotels' management made 0 promises we could check against what it later reported.

Our read after the April to June 2026 results, written 10 October 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

One change in Oriental Hotels' own numbers looks lasting: debt falling.

We check 16 kinds of change in every company, such as costs spread over more sales, higher-value products, new orders, new regions or falling debt, against its reported numbers and what management said on its calls. Only changes the numbers back are shown.

Checked against results and calls up to April to June 2026, 10 October 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

The merger being withdrawn or the exchange ratio being reset, which would return OHL to a standalone hotel owner priced on its own margins and joint-venture losses.

Each change stops working if

• Room-rate growth on upgraded hotels: Revenue growth stays below cost growth for a second quarter, as in June 2026.
• Deleveraging and the end of a renovation cycle: Capital spending rises again ahead of the merger without matching revenue growth, or borrowings climb back above 180 crore.
• All-stock merger into IHCL: The scheme fails a shareholder, tribunal or regulator approval, or IHCL's price falls.

The main risks

• Joint-venture losses below the tax line: The share of losses from TAL Hotels & Resorts took 4.40 crore off June 2026 profit. ✓ fact
• Margins at the top of their own history: Peak-quarter margins of 28-30% are the best on record and the latest quarter slipped to 21%. ⚠ estimate
• : OHL can only gain the roughly 10% spread plus whatever IHCL does. ✓ fact
• Reported profit flattered by one-offs: FY26 profit includes about 10 crore of tax credit and a weak FY25 base. ✓ fact

Our read after the April to June 2026 results, written 10 October 2026. The July to September 2026 results are out since, so this part may be out of date until we update it.

When Oriental Hotels reports October to December 2026, these are the check that show whether the story is still on course. First: September interest expense stays below ₹3.64 crore and the next balance sheet shows borrowings no higher than ₹131 crore.

Oriental Hotels is on 3 of our India lists: Momentum stocks, 52 week high & low and Hotel stocks.

Oriental Hotels Ltd earned ₹8.6 Cr of net profit in the Sep 2026 quarter, +7.9% on the same quarter a year earlier. Full-year FY26 profit was ₹68.0 Cr. That is 7.3% of the quarter's revenue. The same quarter a year earlier earned ₹8.0 Cr. 1 of the last 12 reported quarters were loss-making.

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

For the full year, FY26 profit was ₹68.0 Cr (+74.4% on the year before).

Why profit moved: revenue changed +6.6% on a year earlier and the margin moved −0.8 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed +22.6% and revenue +6.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

FY27-Q1. revenue ₹111 Cr and profit ₹5 Cr as reported.

FY27-Q2. revenue ₹118 Cr and profit ₹9 Cr as reported.

Why-sources: our stock research file (10 October 2026) and the company’s own results for those quarters.

Oriental Hotels Ltd reported ₹118 Cr of revenue in the Sep 2026 quarter, +6.6% on the same quarter a year earlier. That is the 9th quarter in a row with growth on the year before. Over 10 years it has grown 4.7% a year on average. The last full year, FY26, came in at ₹494 Cr.

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

Why this happened. Gross margin has held near 90% for years, so the operating gain is rates rising faster than staff and running costs on a fixed room base. FY26 revenue rose 12% and operating profit 20%. The June 2026 quarter broke the pattern: revenue up 3.6% while other costs rose 10.4%.

The last four reported quarters add to ₹505 Cr.

FY26 revenue was ₹494 Cr, +12.3% on the year before.

Recent pace: the last four quarters grew +6.8% on average, against 4.7% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +6.9%, against +13.1% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +36.0%, against +26.2% a year (accelerating).

FY27-Q1. revenue ₹111 Cr and profit ₹5 Cr as reported.

FY27-Q2. revenue ₹118 Cr and profit ₹9 Cr as reported.

Why-sources: our stock research file (10 October 2026) and the company’s own results for those quarters.

Oriental Hotels Ltd's operating margin was 23.0% in the Sep 2026 quarter, 0.8 percentage points lower than the same quarter a year ago. Across 13 years it has been between −28.0% and 29.0%. 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 −0.8 percentage points on the year while gross margin changed −0.1 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales.

FY27-Q1. revenue ₹111 Cr and profit ₹5 Cr as reported.

FY27-Q2. revenue ₹118 Cr and profit ₹9 Cr as reported.

Why-sources: our stock research file (10 October 2026) and the company’s own results for those quarters.

Over the last 3 years, 203% of Oriental Hotels Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹128 Cr of operating cash against ₹68.0 Cr of profit. After ₹31.0 Cr of spending on assets, ₹97.0 Cr was left over as free cash.

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.

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

Why 203% of profit came in as cash: the cash cycle got 368 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: the bigger use of cash is spending on new assets, at 2.0× depreciation over three years. The next section checks what that spending is building.

Oriental Hotels Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was −164 days in FY26, up from −532 days in FY21. It spent ₹186 Cr on assets over the last 3 years. Customers take 21 days to pay, and stock sits for 84 days on average.

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.

At FY26 sales of ₹494 Cr, each day of that cycle ties up about ₹1.4 Cr, so roughly −₹222 Cr is tied up in the business at any time.

FY26: customers took 21 days to pay and stock sat for 84 days, about 2.8 months of sales sitting as stock, for a full cycle of −164 days, longer than FY21's −532.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 84 days. Customers pay about 21 days after that. Suppliers are paid at 269 days. Together that makes the −164-day cycle.

Spending on assets: ₹186 Cr over the last 3 years, against ₹91.0 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 ₹1.0 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.

Oriental Hotels Ltd's P/E is 43.8×, in the middle of its own history: higher than 38% of past readings. Its usual P/E (the middle reading) is 53.8×, over 11 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 Sep 2026 add up to ₹3.76.