# Oriental Hotels share price today (Oriental Hotels Ltd, NSE: ORIENTHOT) > Oriental Hotels share price today: ₹163.71 at the NSE close on 3 November 2026, up 32.7% in a year. Oriental Hotels (NSE: ORIENTHOT) is worth ₹2,921 crore, trades at a P/E of 42.8 and has closed between ₹86.30 and ₹163.71 over the past 52 weeks. > Oriental Hotels Ltd's earnings have grown faster than its share price. Earnings per share grew +72.7% in a year while the price moved +32.7%. ORIENTHOT · Hotels · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/oriental-hotels-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Getting better, from the last 12 quarters - Price: ₹163.71 (+32.7% in a year) - P/E: 42.8× (lower than 63% of the last 11 years) - Revenue (Sep 2026): ₹118 Cr (+6.6% on a year ago) - Profit (Sep 2026): ₹8.6 Cr (+7.9% on a year ago) - Operating margin: 23.0% (−0.8 points on a year ago) - ROCE: 12%, FY26 - ROIC: 8.6%, against a 12.0% cost of capital: −3.4 points The main question: yearly earnings per share moved +72.7% while the share price moved +32.7%. ## What is the Oriental Hotels share price today? Oriental Hotels Ltd's share price was ₹163.71 at the close on 3 November 2026. It has been rising for 16 weeks. That is 27.5% above its average price over the last 200 trading days. In the last 52 weeks it traded between ₹86 and ₹164, and at that close it was at the high of that range. 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 +737% 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. ## What changed at Oriental Hotels this quarter? 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. ## What are Oriental Hotels' latest quarterly results? 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 | Measure | July to September 2026 | July to September 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹118 crore | ₹110 crore | +6.6% | | Profit | ₹8.59 crore | ₹7.96 crore | +7.9% | | Earnings per share | ₹0.48 | ₹0.45 | +6.7% | | Operating margin | 23.0% | 23.8% | −0.8 points | 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.) ## What is the Oriental Hotels share price history? Oriental Hotels closed at ₹163.71 on 3 November 2026, up 32.7% from ₹123.34 a year earlier (31 October 2025) and up 327.4% over five years. Its highest weekly close since February 2016 was ₹196.76 on 6 December 2024. ### Oriental Hotels share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹151.76 | +7.9% | | 1 month ago · 1 Oct 2026 | ₹140.00 | +16.9% | | 6 months ago · 30 Apr 2026 | ₹99.35 | +64.8% | | 1 year ago · 31 Oct 2025 | ₹123.34 | +32.7% | | 3 years ago · 3 Nov 2023 | ₹98.50 | +66.2% | | 5 years ago · 4 Nov 2021 | ₹38.30 | +327.4% | | 10 years ago · 4 Nov 2016 | ₹26.55 | +516.6% | | Earliest weekly close in our records · 26 Feb 2016 | ₹19.55 | +737.4% | | Highest weekly close since February 2016 · 6 Dec 2024 | ₹196.76 | −16.8% | | Lowest weekly close since February 2016 · 22 May 2020 | ₹16.00 | +923.2% | | 52-week high (weekly close) · 3 Nov 2026 | ₹163.71 | 0.0% | | 52-week low (weekly close) · 13 Mar 2026 | ₹86.30 | +89.7% | 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. (565 weekly closes from 26 February 2016 to 3 November 2026.) ## What is the latest news on Oriental Hotels? 3 Nov 2026: Oriental Hotels closed at ₹163.71, up 7.9% on the week and up 16.9% 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.) ## What dividend does Oriental Hotels pay? Oriental Hotels paid ₹0.65 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 0.40% at the ₹163.71 close on 3 November 2026. The last was a dividend of ₹0.65 a share, ex-date 23 July 2026. ### Oriental Hotels dividends since 1 April 2021 | Ex-date | Dividend per share | Type | | --- | --- | --- | | 23 Jul 2026 | ₹0.65 | Dividend | | 17 Jul 2025 | ₹0.50 | Dividend | | 11 Jul 2024 | ₹0.50 | Dividend | | 13 Jul 2023 | ₹0.50 | Dividend | 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. 3 of 5 Of the last 5 financial years, years with an NSE dividend record 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 4 November 2026.) ## What did Oriental Hotels management say on the latest results call? 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.) ## What is the future of Oriental Hotels? What is changing in the business? One change in Oriental Hotels' own numbers looks lasting: debt falling. Debt falling looks lasting Lower financing costs are a delivered benefit. Borrowings fell from ₹183 crore in March 2025 to ₹131 crore in March 2026, although they temporarily rose to ₹188 crore in September 2025. Interest expense was lower than the corresponding year-earlier quarter in all four goal quarters, while management describes sustained cash generation. Why it may last: Repaying debt permanently reduces the outstanding principal and associated financing burden. The benefit should continue over the next four to eight quarters if the company maintains the lower debt balance. Next check: September interest expense stays below ₹3.64 crore and the next balance sheet shows borrowings no higher than ₹131 crore. Quarter by quarter, 4 quarters July to September 2025 Interest expense fell from ₹4.51 crore to ₹3.64 crore. Borrowings nevertheless increased from ₹183 crore in March to ₹188 crore in September, so this quarter alone would not establish uninterrupted debt repayment. ✓ fact October to December 2025 Interest expense fell to ₹3.52 crore from ₹4.56 crore a year earlier and was also below September's ₹3.64 crore. A December balance sheet is not supplied, so the precise debt movement cannot be checked at that date. ✓ fact January to March 2026 Borrowings fell to ₹131 crore and interest expense to ₹2.75 crore, against ₹4.25 crore a year earlier. FY26 operating cash flow of ₹128 crore exceeded annual net profit of ₹68 crore and the ₹47 crore net spending outflow. Share capital remained ₹18 crore, supporting repayment without new share issuance. ✓ fact From our notes of the call for January to March 2026: With a robust balance sheet and sustained cash flow generation. April to June 2026 Interest expense fell further to ₹2.49 crore, against ₹3.70 crore a year earlier. The saving continues even though operating profit declined. No June balance sheet is supplied, so additional debt repayment during this quarter cannot be established. ✓ fact 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.) ## What could change the Oriental Hotels story? What are the risks? 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.) ## What to watch in Oriental Hotels' next results? 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. | What to check | Why | | --- | --- | | September interest expense stays below ₹3.64 crore and the next balance sheet shows borrowings no higher than ₹131 crore. | Debt falling | ## Which stock lists is Oriental Hotels on? Oriental Hotels is on 3 of our India lists: Momentum stocks, 52 week high & low and Hotel stocks. - [Momentum stocks Market cap cr: 2921.7584856396866](https://www.sectoralpha.in/momentum-stocks-india) - [52 week high & low 52-week position: At 52-week high](https://www.sectoralpha.in/52-week-high-stocks-india) - [Hotel stocks Group on the list: Hotel owners and chains](https://www.sectoralpha.in/sectors/hotels) ## Is Oriental Hotels profitable? 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. 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. ## How much revenue does Oriental Hotels make, and is it growing? 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. 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. ## How much of every ₹100 of sales does Oriental Hotels keep? 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. 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. ## Is Oriental Hotels' profit turning into cash? 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. 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. ## Where does Oriental Hotels' cash go? 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. 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. ## What is Oriental Hotels' P/E ratio, and how does it compare with its own history? Oriental Hotels Ltd's P/E is 42.8×, in the middle of its own history: higher than 37% 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. 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. Why the multiple is where it is: over the past year earnings per share moved +72.7% while the price moved +32.7%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 3 years the price moved +18.5% a year; about +12.4% a year came from earnings growth and about +6.1 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 Oriental Hotels business getting better or worse? Oriental Hotels Ltd's business is getting better. Profit growth hit its low 8 quarters ago at −21.9% and has recovered to +36.0%, with ROCE steady at 12.1%. This is based on 12 quarters of 4 measures. Why it matters: a lasting rise from a low is what this page is built to show. ## What is the Oriental Hotels story, and has it been checked? Oriental Hotels Ltd's story is not scored yet against the checks our research set on 10 October 2026. Where it sits in its own cycle: Earnings near the top of their own history after a 2022-2023 step-up; price now tied to IHCL by the merger. Still open: 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. Our read, 10 October 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. From the numbers. That reads low, yet margins sit at the top of the company's own range and trailing profit includes a tax credit, so the code… From the price. Price stage 2, week 16, above its 200-day line, relative strength rising. From the research. 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. Where they disagree. The merger overrides both readings: OHL now trades as a fraction of IHCL, about 10% below swap value. What is proven. 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. What is not proven yet. 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. What would change our mind. 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. The test written in advance. 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. Measured by: the thesis as written as stated by the next result. The test written in advance. Joint-venture losses below the tax line. Measured by: Joint-venture losses below the tax line Joint-venture loss above 4.4 crore again in the September 2026 quarter. by the next result. The test written in advance. Margins at the top of their own history. Measured by: Margins at the top of their own history September 2026 quarter operating margin below 23.8% (the year-earlier level). by the next result. What the company does. IHCL will merge Oriental Hotels into itself at 25 IHCL shares for every 117 OHL shares, completing in the second half of FY2028. At IHCL's latest price that swap is worth about 153 per OHL share against a price of 140, a gap of about 10%. What the surface reading misses. The surface reading is: Profit fell 20% in the June 2026 quarter while revenue rose, it looks like the hotels are earning less. The research reads it further: Splitting the profit shows the hotels themselves did not shrink. Profit before tax, taxed at the normal rate, gives 9.50 crore against 9.25 crore a year earlier, roughly flat. The whole fall sits below the tax line: the loss share from the joint venture TAL Hotels & Resorts widened to 4.40 crore from 3.06 crore. Standalone profit, which excludes that share, rose 30%. This is the subsidiary-anchor discount: the hotel company's own numbers are better than the group numbers. What the surface reading misses. Since the merger announcement in August 2026 each OHL share is a claim on 0.2137 IHCL shares, so OHL now moves with IHCL. The gap of about 9.6% to swap value is what the market charges for waiting until the second half of FY2028 and for the risk the approvals slip. Sources: our stock research file (10 October 2026) · quarterly results through Sep 2026. The story check is re-scored every results season; the record below never changes. ## How much does Oriental Hotels earn on its capital? Oriental Hotels Ltd earned a ROCE of 12% in FY26. That is up from a low of −7% in FY21. Its return on capital used (ROIC) is 3.4 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 13.8% net margin and 0.50× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 13.8% net margin × 0.50× asset turnover × 1.29× leverage (assets divided by equity) ≈ 8.9% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 8.6% − 12.0% = −3.4 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 Oriental Hotels have too much debt? Oriental Hotels Ltd has total debt of ₹114 Cr against shareholder equity of ₹785 Cr as of Sep 2026, so its debt is 0.15× its equity, which is very little. Year by year, that ratio went from 0.64 in FY22 to 0.17 in FY26. So the returns on this page come from the business, not from borrowed money. Why this happened. Operating cash flow of 319 crore over three years against 157 crore of profit paid down debt from 202 crore to 131 crore, cutting the June 2026 interest bill by about a third year on year. Capex fell from 82 crore in FY24 to about 31 crore in FY26 after management completed the upgrade programme; that lowers interest but also flatters FY26 free cash flow. ## What is the Oriental Hotels shareholding pattern? Foreign institutions raised their stake in Oriental Hotels Ltd by 1.7 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 2.2% of the company. Promoters moved +0.9 points over the same period, to 68.5%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: +1.7 points over 8 quarters, to 2.2%; Promoters: +0.9 points over 8 quarters, to 68.5%; Domestic institutions: −0.6 points over 8 quarters, to 2.1%. Why the owners changed: foreign institutions drove it (+1.7 points), together with promoters (+0.9 points). They raised their stake step by step. ## How far is Oriental Hotels from balance-sheet trouble? For Oriental Hotels 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 Oriental Hotels rank in its industry? 64.9 out of 100, rank 4 of 24 in Hotels, with 93% of the evidence available. Oriental Hotels Ltd scores 64.9 out of 100 against the 24 companies it is compared with in Hotels, ranking 4. 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: 17.9 + 14.1 + 12.9 + 20 = 64.9. 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 Oriental Hotels compared with? Oriental Hotels ranks 4 of 24 Hotels companies on the 4-Factor Sector Score, with 64.9 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 this page 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](https://www.sectoralpha.in/stocks/kamat-hotels-indialtd) KAMATHOTEL · breaking out · Evidence leans down · 71% evidence 47.9 out of 100 Growth Capital Valuation Relative 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 Oriental Hotels in size? Oriental Hotels is the 11th largest of 24 Hotels companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Lemon Tree Hotels, Juniper Hotels and Samhi Hotels. Just below it: Apeejay Surrendra Park Hotels, TajGVK Hotels & Resorts and EIH Associated Hotels. ### Hotels companies close in size 1. [Lemon Tree Hotels Ltd](https://www.sectoralpha.in/stocks/lemon-tree-hotels-ltd) ₹8,657 crore 2. [Juniper Hotels Ltd](https://www.sectoralpha.in/stocks/juniper-hotels-ltd) ₹4,364 crore 3. [Samhi Hotels Ltd](https://www.sectoralpha.in/stocks/samhi-hotels-ltd) ₹3,363 crore 4. Oriental Hotels Ltd ₹2,873 crore 5. [Apeejay Surrendra Park Hotels Ltd](https://www.sectoralpha.in/stocks/apeejay-surrendra-park-hotels-ltd) ₹2,117 crore 6. [TajGVK Hotels & Resorts Ltd](https://www.sectoralpha.in/stocks/tajgvk-hotels-resorts-ltd) ₹1,897 crore 7. [EIH Associated Hotels Ltd](https://www.sectoralpha.in/stocks/eih-associated-hotels-ltd) ₹1,693 crore [All 24 Hotels companies, largest first](https://www.sectoralpha.in/sectors/hotels#all-companies) ### Companies close in size in other industries 1. [Divgi Torqtransfer Systems Ltd](https://www.sectoralpha.in/stocks/divgi-torqtransfer-systems-ltd) ₹2,874 crore · Auto Ancillaries - Transmission 2. [Elpro International Ltd](https://www.sectoralpha.in/stocks/elpro-international-ltd) ₹2,874 crore · Electronics - Equipment/Components 3. Oriental Hotels Ltd ₹2,873 crore 4. [A-One Steels India Ltd](https://www.sectoralpha.in/stocks/a-one-steels-india-ltd) ₹2,865 crore 5. [Websol Energy System Ltd](https://www.sectoralpha.in/stocks/websol-energy-system-ltd) ₹2,849 crore · Capital Goods - Solar ## What else do people ask about Oriental Hotels? ### What is Oriental Hotels's share price today? Oriental Hotels Ltd's share price is ₹163.71, +32.7% over the past year. The whole company is worth ₹2,921 Cr on the market. It is at its highest price of the past 52 weeks (range ₹86 to ₹164), 27.5% above its 200-day average. The price has been rising for 16 weeks (as of 3 November 2026). ### What were Oriental Hotels's latest quarterly results? Oriental Hotels Ltd reported revenue of ₹118 Cr and net profit of ₹8.6 Cr for the Sep 2026 quarter. Revenue rose 6.6% and profit rose 7.9% compared with a year earlier. Earnings per share were ₹0.48. The operating margin was 23.0%, 0.8 percentage points lower than a year earlier (as of 3 November 2026). ### What is Oriental Hotels's market cap? Oriental Hotels Ltd's market capitalisation is ₹2,921 Cr at a share price of ₹163.71. 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 Oriental Hotels performing? Oriental Hotels Ltd's share price has been rising for 16 weeks. In its latest quarter, revenue rose 6.6% and profit rose 7.9% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 29 weeks running (as of 3 November 2026). ### Will Oriental Hotels's share price go up? This page does not forecast Oriental Hotels Ltd's share price. What it shows instead: the share price is ₹163.71, and it has been rising for 16 weeks. Its P/E of 42.8× is higher than 37% of its own last 11 years (as of 3 November 2026). ### Does Oriental Hotels have too much debt? No, Oriental Hotels Ltd has little debt: its debt is 0.17× its equity, and its operating profit is 9 times its interest bill. FY26 borrowings were ₹131 Cr against equity of ₹762 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Oriental Hotels in its business cycle? Oriental Hotels Ltd's FY26 operating margin was 27.0%, against a 13-year range of −28.0% to 29.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 23.0%. 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 Oriental Hotels story? The main question: yearly earnings per share moved +72.7% while the share price moved +32.7%. 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 Oriental Hotels a stock worth studying right now? What the numbers show: Oriental Hotels Ltd's earnings have grown faster than its share price. Earnings per share grew +72.7% in a year while the price moved +32.7%. The main open question: whether the price catches up with earnings that have already grown. 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 Oriental Hotels share price forecast for 2026? One change in Oriental Hotels' own numbers looks lasting: debt falling. What would change the story: 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. ## Lists - Momentum stocks: https://www.sectoralpha.in/momentum-stocks-india - 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india - Hotel stocks: https://www.sectoralpha.in/sectors/hotels This is research, not advice. We’re not SEBI-registered.